Word: bustedly
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...will be a long one. But it may require more patience than anyone has realized. White House aides tell TIME they are envisioning a war against terrorism that could last 50 years. "We're taking a long view," says a Bush adviser. Indeed, building intelligence networks to infiltrate and bust up terror cells worldwide can take decades, and terrorism, like crime, can't be eradicated by a single attack. As a model for fashioning a long-term game plan, Bush aides have been looking at old cold-war national-security documents, such as NSC-68, a plan the Truman Administration...
...faith--to combat America's new enemy by waging a new kind of war. Tenet's plan: deploy CIA officers and special-ops commandos to aid Afghan opposition forces on the ground while warplanes drop bombs from the sky; collaborate with other intelligence services around the world to bust up terrorist cells with tips from the CIA's spies; and do it all without allowing a Vietnam-style gradual escalation of U.S. military involvement. This would be a war fought by others, with the U.S. role both obvious and covert, a combination of brute force, financial muscle and behind...
Technology was supposed to make companies more productive and smooth the economic cycle, in part by instantly matching inventories with demand. No more boom, no more bust. But the very technology that was supposed to achieve all those advances had its own boom and bust and greatly exaggerated the up and down legs of the broader economic cycle...
...from the beginning. Record layoffs have not stalled a torrid housing market. Those who keep their jobs are nonetheless getting hit hard this time because their bonuses, their profit sharing and even their salaries are being cut. Perhaps most revealing: technology, the industry that was supposed to end boom-bust cycles, made this one even worse...
News quiz: Name the one airline in America that actually made money in the aftermath of the terrorist attacks on Sept. 11. Final answer: Midway Airlines. The carrier, based in North Carolina (which has the same name as a Chicago-based airline that went bust in 1991), declared bankruptcy in mid-August, unable to compete against low-fare king Southwest Airlines and hurt by an unfriendly split from its partner, American Airlines. The small carrier had grounded its flights and was close to shutting down operations when the attacks occurred. Within hours, Midway closed its doors...