Word: bustingly
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...Tell me about it," says Lillian E., a retired city employee who heard the same hustle when the casinos came to town 20 years ago. Today, Bryant's neighborhood is the last stable, middle-class, mostly black area in all of boom-or-bust Atlantic City. Bryant says she's not against new casinos, she's against uprooting good neighborhoods so outsiders can pretend they're in Shangri-La. "Steve Wynn must have something good on these people. The state is bickering about having to pay $200 million for public education by an order of the Supreme Court, but they...
What makes today's economy one for the books, TIME's panelists say, is its rare combination of tireless growth and stable prices. The 1960s and '80s went from boom to bust when the Federal Reserve jacked up interest rates to keep prices from getting out of hand. But these days, inflation is barely on the radar screen, even though the unemployment rate has fallen to 4.9%, a level not seen since Richard Nixon was President. That astonishes Princeton economist Alan Blinder, a former Fed vice chairman. If he had bet on such results four years ago, Blinder notes...
Recall that the old AT&T, the regulated monopoly known as Ma Bell, was busted into eight pieces in 1984. AT&T was granted the long-distance franchise, and seven Baby Bells were created to run local phone services around the country. Weakening Ma Bell's muscle made it possible for others to build competing services. But it left some 3 million AT&T shareholders vulnerable. Suddenly gone was a quintessential widow's and orphan's stock. In its place was a smattering of shares of eight different companies, all entering a brave new telecom world that promised upheaval...
...book, Rosenblatt argues that the bust afforded the local police the opportunity to take out on the students long-standing aggressions against Harvard...
Beyond the details of April 1969, Rosenblatt says he felt the takeover, bust and ensuing University-wide havoc left an indelible mark on the University...