Word: washingtonization
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There was more bad news for Washington out of Islamabad late Wednesday, Dec. 16, this time from Pakistan's Supreme Court. The court overruled an amnesty on corruption charges that had been granted to President Asif Ali Zardari and other senior figures, spurring efforts by political opponents to force America's top ally in Pakistan to step down. The move follows a week in which top U.S. military commanders struggled to persuade their Pakistani counterparts to go after Afghan Taliban groups based in Pakistan, while U.S. diplomats complained, through the media, of increasing harassment by Pakistani authorities, which was seen...
...presidential amnesty struck down by the court was issued by Musharraf in October 2007 as part of a power-sharing agreement brokered by Washington and London to pave the way for Zardari's slain wife, former Prime Minister Benazir Bhutto, to return to Pakistan. After her assassination, Zardari returned from exile, led her party to victory in the elections and stepped into the office of President after Musharraf's resignation...
...contrast to Zardari, who is widely seen as being close to Washington - not a popular position in Pakistan - Gilani is viewed by analysts as being more vulnerable to pressures from the powerful army chiefs. The Prime Minister has also faced criticism from within his party for being too friendly with the political opposition. The potential shift in power away from Zardari is unlikely to help Washington's efforts to press Pakistan to join its war against the Afghan Taliban...
...government's search for extraterrestrials began in 1948, a year after an amateur pilot named Kenneth Arnold claimed he saw nine crescent-shaped objects in the sky while flying near Mount Rainier in Washington. Arnold evoked images of "saucers skipping on water" to describe how they flew through the air, but a local newspaper misquoted him, and the term flying saucer was born. That same year, a rancher stumbled upon a 200-yard-long swathe of rubber strips, tinfoil, wood sticks and Scotch tape in Roswell, N.M., and decided to haul the wreckage to a nearby Army airfield, where...
...everyman Blankfein, who launched his image offensive this summer with an interview in TIME, has not been able to turn back the wall of populist anger against his firm and Wall Street in general. His claim that he and his colleagues were "doing God's work" was openly mocked. Washington is still contemplating ways to rein in finance-industry risk-taking, pay and profits. Expect more outrage soon as Goldman hands out huge year-end bonuses, which could average more than $700,000 per employee, just as Main Street's unemployment checks...