Word: waning
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...lost the ability to reason. One can only congratulate Bush and his campaign team for capitalizing on 9/11 to secure another rudderless foreign-policy plan for four years. Perhaps Bush's action or inaction will help form a new world order. Should the power of the U.S. begin to wane, China will be waiting in the wings. Afolabi Babatunde Lagos...
...Blinking with Fists, released Oct. 1 THE BUZZ: Former poet laureate Robert Pinsky's publisher is pushing the collection by this alt rocker, who packed rage and rhythm into his lyrics for the Smashing Pumpkins CRINGEWORTHY VERSE: Atwixt the twine and flowers divine/ Devise the deign in this copper wane THE AUDIENCE: Art-school dropouts...
Jonathan Strange & Mr. Norrell is set in an alternative version of early 19th century England, one in which magic is real but on the wane, to the point that there are only two practicing sorcerers left in England. The pair are a pleasing study in contrasts: Mr. Norrell is exceptionally learned but shy and fussy. "He is," a character remarks, "at one and the same time, the most remarkable man of the age and the most tedious." Strange is charming, young, fashionable and romantic. Clarke could have called the book Sense and Sensibility if the title weren't already taken...
...Already, Asia's willingness to bankroll America's debts may be starting to wane. David Wyss, chief economist at ratings agency Standard & Poor's, says anecdotal evidence from bond traders suggests that China's purchases of American securities are slowing. Japan's appetite for U.S. bonds might also begin to ease, if its own economy continues to recover, making domestic investments more attractive than buying American debt. If China and Japan lose their hunger for American assets, the dollar will slide. The question is: how far and how fast? A gradual drop would boost U.S. exports, cut its trade deficit...
With questions swirling about Chalabi's fidelity, Administration neoconservatives who once blessed Chalabi as Iraq's President-in-waiting but have watched their influence wane as Iraq has descended into chaos fell over themselves last week trying to cut loose their former friend. One of Chalabi's Pentagon boosters, Under Secretary of Defense Douglas Feith, insisted to TIME that "there's all this stuff about his advising us on policy and his being highly influential, and it is wildly overstated. The stuff that's been reported about us being very close is just wrong." A top Administration source says Vice...