Word: constructionism
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Dates: during 2000-2009
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The coyotes have loped off, and the rattlesnakes have crawled under the construction trailers for shade and safety. Bulldozers have scraped away the mesquite to make a board-flat rectangle 10,000 ft. by 200 ft. Workers have begun putting down layers of gravel, packed earth, asphalt and concrete 42...
This expanse of high desert 35 miles southwest of Truth or Consequences, N.M., is the site of Spaceport America, a collaborative effort between the state and Richard Branson's space enterprise, Virgin Galactic, that hopes to send private citizens into near orbit as early as 2011. New Mexico is spending...
Indeed, not all New Mexicans are enthralled by the spaceport. Having toured the state, Landeene sums up taxpayers' objections this way: "It's rich men into space. Why in heck are we paying for Richard Branson? It's his deal. Let him do it." Ranchers in the area have also...
Before New Mexico meets its future, however, it has to reckon with its past. Human habitation here dates back 12,000 years; in the 16th century the storied Camino Real - a 1,500-mile trade route from Mexico City to San Juan Pueblo, near Santa Fe - passed through the spaceport...
But Dubai's heavily leveraged business ventures couldn't withstand the ever souring economy. In 2008, real estate prices dropped 50%; new construction all but stopped. Sheik Mohammed has downplayed the rising debt, which some estimate to be more than 100% of GDP. Despite a $15 billion bailout from Abu...