Word: dorados
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...outsiders, California's Silicon Valley looks like a contemporary El Dorado. Once given over to fruit orchards, its 150 sq. mi. in Santa Clara County are home to some of America's most successful and innovative companies, including Hewlett-Packard, Intel and Apple Computer. Hundreds of other high-technology firms are trying to mimic their success. While the vast majority have prospered, quite a few are now discovering that not all the streets in the valley are paved with profits. For them, the earlier dreams of success and overnight riches have crumbled...
...book Passage Through El Dorado, Kandell plays up the similarities between the wave of settlement now occurring in the jungle interior of South America and the push west so important to U.S. history. The wild, reckless settlement of the Amazon region has much of the character of an Oklahoma land rush. And they may have the same importance for the nations south of the border that the settlement of the west had for the United States-relieving overcrowded cities and rural areas of some of their excess populations. This could be especially important in nations like Brazil, whose urban areas...
Passage Through El Dorado's best moments come when Kandell describes the frontier's conflicts and the people who fight them. As a chronicler of the new frontier he varies between the sociological reasoning of a Frederick Jackson Turner and the adventure-packed storytelling of Louis L'Amour. He does a better job at the latter. While he makes many interesting observations about the changes the settlement of the frontier will have for South America, the book remains very much a fun read, highly suitable for beach-towel browsing. In what current novel can you meet Robert Suarez, the "Cocaine...
States that once escaped widespread joblessness are now being squeezed. Booming Texas has been viewed as an El Dorado by laid-off auto and heavy-equipment workers who moved their families there from the Midwest. Now job seekers are finding that the recession has also hit Texas. New oil-and gas-well drilling is down 16.5%, and residential and commercial construction is weak. Two weeks ago, Harry Hubbard, president of the Texas AFL-CIO, warned the jobless to stay away. Said he: "Workers from the East and Northeast better have something lined up before they come down here, or they...
American drilling activity has already leveled off in the Williston Basin of Montana and the Dakotas and the Austin Chalk of central south Texas. Chesley Pruett, a drilling contractor operating out of El Dorado, Ark., said recently, "Last year at this time I had my rigs booked up six months in advance. Now the work is coming in well by well...