Word: america
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...running the financial arms of the Administration have not made up their minds about what to do if the banking system suffers more stress or begins to collapse as it threatened to do late last year. The results from the bank "stress tests" showed that the capital needs of America's banks are modest, about $74 billion, compared to more pessimistic figures provided by the IMF and bank experts. Banks may have the option of asking the government to convert preferred shares owned by the taxpayer due to original TARP investments into common shares, or they can raise private capital...
...Perhaps most damaging to the Republican brand is the fact that GOP leaders have allowed themselves to be defined too easily as rigid ideologues, blindly faithful to an unyielding agenda. Because of that, Obama has been able to move America dangerously leftward while blaming Republicans for the partisan divide...
...Saberi entered the Miss North Dakota beauty pageant at the urging of a college instructor. She won, and became one of the final 10 contestants in that year's Miss America Pageant - the only finalist of Asian descent and the first recipient of the pageant's "Scholar Award...
...wars in Afghanistan and Iraq have exposed the limits of U.S. military power in imposing Washington's will, and the declining world economy has, if anything, further limited America's appetite for foreign entanglements. It's not as if the U.S. is in a position to take over from Karzai or Zardari, and appealing alternatives are scarce. The same can be said for the challenges Obama faces in Iraq, and in the conflict between Israel and the Palestinians. On all of those fronts, Washington confronts the reality that the partners on which it is forced to rely are either deeply...
...through approved members of his government in the capital and in the regions. But it's a potentially messy fix. Just as in Vietnam, the U.S. in Afghanistan finds itself fighting an implacable guerrilla foe on behalf of an unpopular government. And Karzai knows, as do his enemies, that America's appetite for long-term entanglement in Afghanistan is limited. They're positioning themselves for a post...