Word: stash
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...Marjah is showing why separating the Taliban from their narcodollars is so difficult. Not only did the drug syndicates get away with much of their stash and their heroin labs, but also there's no consensus among NATO commanders, counternarcotics experts and Afghan Cabinet officials on what to do next. The opium trade is woven into the fabric of the economy of southern Afghanistan. In Marjah, as elsewhere, the Taliban protected the drug syndicates for a price, reaping millions of dollars from the opium bounty. But ordinary residents benefited from the drug trade too; it provided a lucrative crop...
Nevertheless, says Clark, if you are planning to stash your millions in the Alps, don't assume you can hide it from the tax man: "There is no doubt that the ability to arbitrage the bank-secrecy laws in Switzerland to avoid paying taxes in your home country is eroding and has been eroding for a long time, and it will continue to erode...
What's more, the rebel stash had already been stolen by gun-toting bandits performing cashectomies on the good people of Colombia. Rather than committing a crime, Sanabria reasoned, his men were performing a public good. They were cheating the cheaters out of money that would otherwise go toward grenades and guns, making the guerrillas stronger. Rather than being castigated, they ought to be decorated. There was also a sense among the troops that the cash was a serendipitous payoff for years of dangerous duty protecting the homeland. And if that wasn't enough, it was Easter week, the holiest...
...problem is that after a decade of strong growth in China in particular, we now have an unbalanced system in which the dollar is overvalued against the Chinese yuan (among other emerging-market currencies). That has contributed to big U.S. trade deficits and, as China built up a huge stash of dollars it needed to put somewhere, to the credit bubble that precipitated the financial crisis. There's widespread agreement that this setup has to change but little agreement about how to change it. Which is a risky situation...
Among the few belongings that Major Nidal Malik Hasan didn't give away, and left behind in his Casa del Norte apartment near Fort Hood, was his stash of prescription and over-the-counter medications. Stuffed into a shoe box and left in the laundry room, the collection included vitamins and an old bottle of an anti-HIV drug called Combivir...