Word: agrounder
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Last week, heftier federally regulated fines were enacted for vessels that damage coral reefs. Florida's Department of Environmental Protection is investigating an 80-foot dive boat called the Nekton that ran aground and caused the reef damage in Broward County, sending a crew out on Tuesday for an assessment. "We have a lot of broken corals there that need to be removed," said Chantal Collier, manager of the state's Coral Reef Conservation Program. Meanwhile, the non-profit volunteer group Palm Beach County Reef Rescue on Tuesday announced a $2,500 reward for any information leading to the culprits...
Ultimately, the First World War put an end to Wilson's progressive juggernaut; he won the war only to lose the peace. Fortunately, Obama seems unlikely to run aground in quite the same way. While Wilson proved too rigid to negotiate effectively with a postwar Republican Congress, Obama has already made a point of advertising his bipartisan intentions, and his skills at persuasion can hardly be overestimated...
That is the skipper of the ship that runs aground. That's what they do in the military. They take responsibility...
...Franklin D. Roosevelt understood, only rarely does a fair wind blow squarely at the President's back. More typical is the gale blowing from dead ahead or the deceptively strong crosswind. Sometimes the best that one can do is inch forward at an angle while struggling to avoid running aground...
...Weiss believes these banks are far less likely to run aground than the panic-induced price of credit-default swaps would suggest. But since the demise of Bear Stearns and Lehman Brothers, "people have no idea how sound banks are," he says, so "the whole financial system is locking up." The U.S. government's rescue plan should help, and Weiss thinks there's a fair chance that the busted assets it's buying to prop up the system will rise sharply in value as everything stabilizes. But he's by no means confident that the $700 billion bet will...