Word: panama
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Last week's handover of the Panama Canal neatly brackets the American Century. It begins with Theodore Roosevelt conceiving the canal and, with it, America ascending to the rank of Great Power. It ends with America so great a power, so serenely dominant in the world, that it can give away T.R.'s strategic jewel with hardly a notice...
...main reason for the absence of a serious challenge to American hegemony is that it is so benign. It does not extract tribute. It does not seek military occupation. It is not interested in acquiring territory--indeed, it specializes in giving it up, as shown in the Philippines and Panama. Economically, the world has prospered under the open trading system the U.S. supports. And culturally, America is a hit. Arnold is a universal icon. Latvians like their Levi's. And everyone loves McDonald...
TRANSFERRED. THE PANAMA CANAL, 50-mile engineering feat, shipping lane and cruise-ship highlight; after 96 years of U.S. control; to Panama. At a ceremonial hand-over, Jimmy Carter, who brokered the transfer treaty in 1977, told Panama's President Mireya Moscoso, "It's yours...
...Note to Panama: You'll find the keys under the flowerpot to the left of the front door... President Clinton and Madeleine Albright were conspicuous by their absence from Tuesday's formal ceremony transferring control of the Panama Canal from the U.S. to the host country. Clinton and Albright - who had previously indicated she would attend - drew the ire of Panamanian leaders by their absence, leaving leadership of the U.S. delegation to former president Jimmy Carter, who negotiated the handover 22 years...
...political concerns. The canal once symbolized America's ability to project its power abroad, and conservative Republicans have questioned the wisdom of giving it up. Some Republican legislators - and Pat Buchanan - have even used the fact that Hong Kong-based port company Hutchison Whampoa will manage the facility for Panama to suggest that the strategic waterway may fall under Chinese control in the event of a crisis. Even though that scenario is dismissed as far-fetched by Panamanians and most U.S. analysts, the White House is clearly taking no chances with Al Gore's election year looming. Indeed, Clinton appears...