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Pakistan has its own version of the Taliban and al-Qaeda, and it is all too successful. In the Swat Valley, only a couple of hours by car from the capital, these Islamists have been taking power, beheading local officials, and closing girls'schools. Tens of thousands of intimidated people have fled. The Pakistani army has proved unwilling to fight. So the last resort of the central government under Pres. Asif Ali Zardari is to buy the Taliban off. Not necessarily a bad idea: All sorts of factions in the Taliban and al-Qaeda have all sorts of leaders, and their personalities determine shifts of power and betrayal of ...