Word: centralization
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Dates: during 2000-2009
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...expanded presidential power over the central bank...
...Picasso who first showed him the way. In the central panel of one of Bacon's works from the 1970s, Triptych--In Memory of George Dyer, a shadowy man stands near the landing of a darkened stairwell, turning a tiny key in a lock. That key is borrowed from an odd creature doing the same in several of Picasso's seaside pictures from the late 1920s, when he was flirting with Surrealism. Those elastic Picassos, with their biomorphic figures that are part human, part dirigible, part swollen breast or phallus, turned a key in Bacon. They showed...
...powerless to stop itself. Specter’s close defeat of Toomey in 2004 was likely thanks to a late endorsement from former President George W. Bush. In this way, the president protected the existence of moderate Republicans, keeping his party diverse and balanced. However, there is no such central authority in today’s Republican Party. This lack of leadership and unity is apparent in Specter’s switch (which caught Senate Republicans completely off-guard) and makes the party’s weaknesses painfully evident...
...professionals at the Kennedy School yesterday. Dinkic said the United States has struggled so far because it has neither allowed failing financial institutions to fall nor given rescued banks enough money to jump start lending. Dinkic pointed to his own experience as governor of Serbia’s Central Bank, where he said he allowed four major banks to fold in one day in 2002 because the Serbian people had no confidence in them. Still, Dinkic expressed support for the Obama administration’s stimulus efforts, cautioning that the American public must be patient. “They...
...been very touchy about Modi and anything written or spoken about him," says Mumbai-based poll analyst Jai Mrug, adding that Gandhi's remark rejuvenated the Hindu vote in the state in favor of the BJP. "The [electorate] will see the present court ruling as an attempt by the central government to malign Modi and reduce his chances of being Prime Minister in the next general elections...