Word: bustingly
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...summer of 1999, 43 residents of Tulia, Texas - a dry little town of less than 5,000 people in the windswept panhandle - were arrested for dealing cocaine. It was the most ambitious drug sting in the history of Swisher County, and there was great buzz surrounding the bust and self-congratulation among the majority of townsfolk at the time. Now the buzz has turned. The American Civil Liberties Union and the National Association for the Advancement of Colored People have become quite concerned that 40 of those 43 arrested were African-American. That represents about 12 percent of Tulia...
...charge of marketing the scandal, then Gary Gardner, a white Tulia farmer, is the cause's publicist. Gardner alienated most of the rest of the white population of Tulia when he spoke out against what he perceived as the racism of the community after the first drug-bust trials last year. Now, when reporters come to town to cover Tulia's controversy, he helps set up interviews with the black residents, almost all of whom are on probation or related to someone who was arrested in the sting. Gardner is also a comic-relief supporting player, since he uses...
...Heimaey, one of southern Iceland's volcanic Westman Islands. Three small boats tacked around the islands like erratic beetles, changing direction abruptly, doubling back on themselves, then spending long periods in one spot. For the uninitiated, it was hard to make out what was going on. A drug-smuggling bust? A search-and-rescue operation? The filming of the next James Bond movie? The reality was odder still: all these humans were scurrying around in an effort to take a killer whale for an ocean walk and find him some of his own kind to talk...
DOTCOM DOLDRUMS How many times can one industry boom, then bust? September saw yet another round of layoffs, bankruptcies and general gloom for the Internet industry. Analysts say there were more dotcom layoffs last month than in any month since last December. The NASDAQ plummeted more than 700 points, and websites from MTV.com to OfficeMax slashed their staffs. Even mighty Walmart.com shut its virtual doors to remodel for the holiday rush. The final irony, however, may have come when Dotcomfailures.com a website devoted to bankrupt Internet companies, went out of business. Now that's a downturn...
...industrial space and increasing storage demand (fueled in part by dotcom retailers) are giving a big boost to the industrial REIT sector. It's up 27% year to date, according to the National Association of Real Estate Investment Trusts. Unlike, say, the hotel industry's cycle of boom and bust, industrials tend to offer more stable returns over the long haul while serving as a hedge against inflation...