Word: farmland
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Dates: during 1980-1989
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...believed to be buying valuable chunks of the American economy, but clever Dutch sandwiches and other subterfuges make it almost impossible for U.S. authorities to track foreign investors. A case in point: blind corporations based in the Netherlands Antilles control more than one-third of all foreign-owned U.S. farmland, many of the newest office towers in downtown Los Angeles and a substantial number of independent movie companies producing films like Sylvester Stallone's Rambo pictures...
...atmosphere as a result of all this activity traces a wobbly rising line that gets steeper and steeper with time. Sometime in the next 50 years, say climatologists, all that carbon dioxide, trapping the sun's heat like a greenhouse, could begin to smother the planet, raising temperatures, turning farmland to desert, swelling oceans anywhere from four feet to 20 feet. Goodbye Venice, goodbye Bangladesh. Goodbye to millions of species of animals, insects and plants that haven't already succumbed to acid rain, ultraviolet radiation leaking through the damaged ozone layer, spreading toxic wastes or bulldozers...
...estate might total $200 billion or more. The load of S & L properties is compounded by a growing stock of real estate that other Government agencies have taken over in recent years because of loan defaults. The Farmers Home Administration will have to dispose of 1.3 million acres of farmland, a territory roughly the size of Delaware. The Federal Housing Administration has about 70,000 homes on the market...
...dilute it with the very water Willey is proposing to buy. Life is terribly uncertain. The regulatory agencies, they observe, "just agreed that water runs downhill about two months ago." The farmers also have this uneasy feeling that the environmentalists want them to save water by shutting down farmland...
...vibration triggered torrential mudslides, which swept over fertile farmland, burying hundreds of people and thousands of farm animals. Some locals were milking their cows when they heard the roar of the quake just after 5 a.m., and were able to escape the approaching mudslides. The small village of Sharora was not so lucky. The town was razed by a wall of mud up to 45 ft. high. With no hope of finding survivors, local officials decided to leave the village entombed. The estimated death toll of the Tadzhikistan quake...