Word: mutualization
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...perpetuation of Pax Americana, a liberal peace underwritten by American power in Asia, despite the re-emergence of the world's most populous country. The U.S. wants the endgame in China to resemble the rest of East Asia - genuinely believing that this will ultimately achieve lasting stability and mutual prosperity - and complains that China remains an insular, self-interested and subversive beneficiary of the system. (Read "Five Things the U.S. Can Learn from China...
...shared goal is not to reach a final agreement on a two-state solution to their conflict - both sides know better than to expect that U.S. special envoy Senator George Mitchell's shuttling between Jerusalem and Ramallah will be able to bridge the chasm between their demands. Instead, the mutual goal in the latest round of talks is to avoid being blamed for their failure...
...shortly after the failure of Washington Mutual Bank, Mark Krikorian found a press release issued months earlier by the bank that celebrated its inclusion on a list of “Business Diversity Elites” compiled by Hispanic Business magazine. On NRO, Krikorian posted the release with the sneering headline, “Cause and Effect?”, implying that the bank failed because of its minority employees...
After months of uncertainty, a road map for passing comprehensive health care reform is finally at hand, one that could send a bill to Barack Obama's desk by the end of March. But it is going to require House and Senate Democrats to put aside their mutual suspicions, join hands and take a political leap worthy of Butch Cassidy and the Sundance...
Pacific Investment Management Co., based in Newport Beach, Calif., and manager of the world's biggest bond mutual fund, is warning investors that Britain's stratospheric debt load is resting on a bed of uncertainty comparable to "nitroglycerin." If Britain is receiving such harsh criticism from money managers, can the U.S. be far behind...