Word: centralizes
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...hidden safes and multiple, anonymously managed safety-deposit boxes loaded with cash, or even better, "bearer bonds," an old-fashioned but effective tool that is as good as cash and can be presented to banks by anyone bearing them - no questions asked. Today they are used frequently in Central America. Typically, bearer bonds pop up years later in the hands of family members, after the institutional memory of the crime has faded. The beauty of bearer bonds is that they can be made out for any amount and there's no record of purchase...
...established the 140,000-sq.-mi. Papahanaumokuakea Marine National Monument off the northwestern coast of the Hawaiian Islands - at the time, the largest protected marine area in the U.S. Tuesday afternoon, however, Bush will beat his own record, announcing the creation of three separate marine national monuments in the central Pacific Ocean that together will span some 195,000 sq. mi. Though greens were hoping for an even larger area, taken together, the marine monuments will mean that President Bush - perhaps the least environmental President in U.S. history - will have protected more of the ocean than anyone else...
...will be banned within the monuments, and mining, oil exploration and other commercial activity will be limited. (Sportfishing and other boating may be allowed within the region, but only on a permitted basis.) Those protections will shield the rich, pristine marine life found among the coral reefs of the central Pacific, which includes hundreds of species of rare birds and fish. Though most of the monument areas are so remote that they are relatively untouched right now, environmentalists say establishing protection today sends the right signal for the future. "It's always easier to protect areas that aren't under...
...work. The Papahanaumokuakea Marine National Monument officially bans any material that might damage corals or sea life, but ocean currents still sweep 57 tons of garbage a year into the protected area - and cleanup efforts, hampered by budget reductions, can't keep pace. And the sheer isolation of the central Pacific monuments, which helps shield them from pollution, makes policing the waters even more difficult and costly. "Actually following through on this will be a real issue," says Diane Regas, managing director of the oceans program at the Environmental Defense Fund...
More than a few eyebrows went up when word broke that Leon Panetta would be President-Elect Barack Obama's pick to be the next director of the Central Intelligence Agency. Panetta has no significant intelligence experience and is known around the capital mainly for his budgetary prowess, bipartisanship and management skills. While these are all important traits for a spymaster, so is some experience with actual spycraft: backlash to Panetta started immediately, with Senate intelligence committee chair Dianne Feinstein noting that she believed "the agency is best-served by having an intelligence professional in charge at this time...