Word: canalized
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Dates: during 1980-1989
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...have a stack of books 10-feet high in his office? Yes, these books are for his T-thing. And he's actually read some of them. In fact, we couldn't go out one Saturday night until he had finished another chapter on the ratification of the Panama Canal Treaty. And he spent Friday afternoon--Friday--in a professor's office, discussing the merits of the Senate Foreign Relations Committee...
Jimmy Carter wisely signed a treaty that provides for Panamanian sovereignty over the canal in 1999. He went a long way toward defusing the anti- Americanism that has been an obstacle to U.S. policy in Latin America. But he paid a heavy price at home. The "giveaway" increased Carter's vulnerability on the right and softened him up for his eventual defeat in 1980. Last year's feckless attempt to oust Manuel Antonio Noriega turned into one of the fiascoes of the Reagan Administration...
...should protect itself against enemies who are doing Moscow's dirty work. At numerous rallies Bush suggested that Dukakis would be like Carter, whom he accused of having presided over "America's retreat in this hemisphere and around the world" -- an echo of the canal sellout charge...
While the canal remains an important artery for commerce, it accounts for only about 5% of seaborne world trade, a figure that has held steady for the past 16 years. New pipelines, including one that cuts through Panama, have stolen much of the oil trade, and air freight and sea-to-rail transport compete for canal business, particularly consumer goods that are moved in containers. Still, the canal remains competitive in the movement of bulk cargoes, such as wheat and coal. Last year traffic through the canal reached almost 156.5 million tons of cargo, the second highest load in canal...
...brutish exercise of revenge, the Panamanian leader tries to install his handpicked President while his goons beat the real victors. Calling Noriega "a gangster," George Bush sends in more troops and debates his next step. -- With the canal's importance to the U.S. diminishing, Washington finds itself in a battle as much to save its prestige as to restore stability to Panama...