Word: weaknesses
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...third option, injecting more taxpayer money, might not be an option by itself if the remaining TARP funds end up not being enough; the costs for the taxpayer are too high and the political capital behind such a solution is too weak...
...final lesson from all this is that the U.S. and global credit markets are still impaired, and more disruptive uncertainty lies ahead. The economy is still very weak, and while the pace of contraction in real activity is slowing, the global contraction is going to be with us for a while longer. Indeed, a global recovery is conditioned on the health of the U.S. financial system. And even after the stress tests, the health of that system is still in question...
...failing to secure the rights for teams to void the contract of drug cheats before the last drug agreement was negotiated, about a year ago, the owners clearly took a weak position. They set themselves up to carry more steroid baggage than they may otherwise want. "From a management perspective, we prefer to have as many options to us as possible," says one American League team executive. These rules are on the books until December of 2011. At that time, maybe MLB's leadership will have more clout. But for now, enjoy Manny Being Manny again come July. Draped...
...Republicans going extinct? And can the death march be stopped? The Washington critiques of the Republican Party as powerless, leaderless and rudderless - the new Donner party - are not very illuminating. Minority parties always look weak and inept in the penalty box. Sure, it can be comical to watch Republican National Committee (RNC) gaffe machine Michael Steele riff on his hip-hop vision for the party or Texas Governor Rick Perry carry on about secession or Minnesota Congresswoman Michele Bachmann explain how F.D.R.'s "Hoot-Smalley" Act caused the Depression (the Smoot-Hawley Act, a Republican tariff bill, was enacted before...
...governance but without full sovereignty, because that would put Israel at risk. Anyway, he argues, the Palestinians' governance, security capability and level of economic development currently make talk of statehood hypothetical. Hamas rules Gaza and threatens the West Bank, where the Palestinian Authority of President Mahmoud Abbas is increasingly weak. (See pictures of the recent Gaza...