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    Ticking down to 2010

    10 reasons why I'm glad this decade is almost over

    Carol Rust
    Dec 30, 2009 | 8:57 am
    Hurricane Ike wiped Gichrist off the map

    Keeping in mind the old adage, “If you can’t say anything nice, don’t say anything at all,” how would you describe a decade that launched with a possible Y2K apocalypse and the resounding pop of the dot.com bubble, marched right into the terrorist attacks on the World Trade Center and the collapse of Enron and slogged on into the Iraq war? And that was before bankers backed 18-wheelers up to gypsy camps and started offloading mortgage loan applications, all of which they approved.

    Nice?

    OK, thank you, Captain Sully, for harmlessly gliding your US Airways Airbus into the Hudson River earlier this year, saving the lives of all 155 aboard instead of smashing into the side of Manhattan.

    There, we’ve said something nice. Now, here are 10 reasons I'm glad this decade is almost over:

    Just Hand Over the Election and Nobody Gets Hurt: (2000)

    Remember way, way back in your ninth-grade civics class any mention of the U.S. Constitution? Separation of powers, anyone? If so, during the 2000 presidential election, you’d have been one up on the U.S. Supreme Court, which promptly misremembered that venerable document when, as the judicial branch, it halted the recount of thousands of contested ballots in Florida and handed the 2000 presidential (executive branch) election over to George W. Bush.

    The Absolute Most Awful Day, 9/11: (2001)

    Terrorists drove two hijacked airliners into the World Trade Centers, leveling the iconic twin towers. The dead: 2,976. In our ensuing desperation for a noble leader in the wreckage and ruins just after the attacks, some of us thought G.W. was one. Turns out he wasn't.

    “Enron stock is a real bargain”: (2001)

    Two weeks before Enron declared bankruptcy, its executives admitted a teensy boo-boo on their earnings statement by exaggerating the company’s earnings by $586 million since, oh, 1997. Enron stock was hurtling down the toilet when CEO Ken Lay called a meeting of employees to bolster their confidence, claiming the company’s stock at its new low price was an absolute steal (although Lay was dumping his own). More than half of Lay’s employees’ 401(k) savings—$1.2 billion—was invested in Enron stock, which became worthless overnight when the energy company flat-lined.

    Space shuttle disaster (2003)

    The space shuttle Columbia disintegrated as it re-entered Earth’s atmosphere, killing all seven crew members. A piece of foam insulation had broken off the shuttle’s exterior propellant tank and struck the edge of the left wing during liftoff, disrupting the thermal protection system that keeps the spaceship from overheating when returning to Earth. Some engineers believed the shuttle had been damaged, but NASA abbreviated investigations because it had few options for repair.

    Let them eat yellowcake: (2003)

    The prospect of an Iraq war conjured rosy scenarios when G.W. floated the idea to his circle of advisers. “We’ll be greeted as heroes!” “It’ll be a slam-dunk!” As this decade closes, the longest slam-dunk in history is still in mid-parabola, with 4,435 U.S. soldiers dead and who-knows-how-many Iraqi casualties. The WMDs, supposedly the impetus for G.W.’s war, were rather a bit of rumor, but Iraqi dictator Saddam Hussein still got the noose in 2006 for his many other crimes. Military bases still resemble revolving doors as soldiers are sent and re-sent to sunny Iraq and Afghanistan to complete that mother off all slam-dunks.

    Hurricane hell (2005) (2008):

    This decade delivered a double-whammy of deadly hurricanes. Katrina, the costliest and one of the five deadliest in U.S. history, smashed into the southeast Louisiana coast Aug. 29, 2005, and wreaked its Category 5 wrath from Florida to Texas. New Orleans became the biggest loser when the city’s long-neglected levee system couldn’t contain the storm surge. In all, 1,836 died, and many survivors were bused to Houston. Even fresher on our minds is 2008’s Hurricane Ike, which became the costliest natural disaster in Texas history with 110-mph winds that killed 112 people and wreaked $29 billion in damage during its Sept. 14 debut. Galveston and the Bolivar Peninsula got clobbered and still bear open wounds.

    Lewd leaders (2006-2009):

    U.S. Rep. Mark Foley (R-Fla.), whose bills primarily targeted sexual predators of children, kicked off the parade of perversity in 2006 by sending sexually explicit emails to teenage congressional interns. Sen. David Vitter (R-La.) in 2007 got busted for his visits to the “D.C. Madam." He survived the scandal to co-sponsor the “Marriage Protection Amendment” with Sen. Larry Craig, the Idaho Republican senator whose claims of having a “wide stance” in matters of the bathroom conjured a hideous mental picture that only erstwhile house speaker Tom DeLay’s butt-wiggling on Dancing with the Stars could top. New York Gov. Eliot Spitzer, a Democrat, resigned in 2008 after his dalliances with female employees of a fancy D.C. call service became public. Then South Carolina Gov. Mark Sanford’s 2009 hike along the Appalachian Trail on Father’s Day weekend somehow took him to Argentina on a booty call. Wife Jenny Sanford filed for divorce.

    Just sign right here on the dotted line (2007-2008):

    Bankers began approving subprime mortgage loans to dead people, dogs and assorted frozen food items, then packaged the liability and sold the toxic assets by the tonnage. When subprime borrowers couldn’t make payments, well, guess what? Home prices actually can come down! The trouble spread to Wall Street investment banks and, next thing you know, those “too-big-to-fail” bankers were panhandling in the Oval Office, which bailed them with $250 billion in taxpayer money. Banks promptly awarded millions in employee bonuses.

    Not playing with a full decade:

    The biggest surprise of the 2008 presidential campaign had to be the emergence of that perky little hockey mom/Alaskan governor/Republican VP candidate Sarah “the Barracuda” Palin whose shopping spree for chic campaign threads for her and her family redefined “shock and awe” for the Republican party. Her frequent winking into news cameras during the VP debate assured one and all that she was capable of handing little ol’ details like an economy in freefall, Mideast peace and Iran’s nuke buildup.

    Bernie made off with the money and Allen wasn’t far behind: (2008)

    Bernie Madoff, former NASDAQ head and author of a massive Ponzi scheme called the largest investment fraud in Wall Street history, targeted clients with promises of returns on investments between 13.5 and 20 percent, too good to pass up if, in retrospect, too good to be true. He bilked investors for $65 billion, confessed in December of 2008 and is now serving a 150-year prison sentence. Houston’s own Allen Stanford seemed to be following in Madoff’s footsteps when he was arrested in June 2009 for conducting a “massive, ongoing fraud” involving $8 billion in CDs from his offshore empire in Antigua. Awaiting trial in a Huntsville prison, Stanford claims he is on the brink of a nervous breakdown.

    After this decade, so are the rest of us.

    The collapse of Enron

    unspecified
    news/city-life

    hottest headlines of 2025

    Houston's richest residents, best suburbs, and more top city news in 2025

    Amber Heckler
    Dec 22, 2025 | 3:45 pm
    Museum of Fine Arts, Houston gala 2025
    Photo by Wilson Parish
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    Editor’s note: As 2025 comes to a close, we're looking back at the stories that defined Houston this year. In our City Life section, readers will notice several of our local universities earned high praise from prestigious global and national publications. Houston's sprawling suburbs continued to skyrocket in popularity for their livability and safety, and no top-10 list is complete without mentioning the city's wealthiest residents. Read on for the top 10 Houston City Life stories of 2025.

    1. 2 Houston universities named among world’s best in 2026 rankings. These two high-performing local institutions – Rice University and University of Houston – are in a class of their own, according to the QS World University Rankings 2026. QS (Quacquarelli Symonds) compiles the prestigious list each year; the 2026 edition includes more than 1,500 universities from around the world.

    2. Richard Kinder is Houston's richest billionaire in 2025, Forbes says. The Kinder Morgan chairman is the 11th richest Texas resident right now, and ranks as the 108th richest American. Kinder also dethroned Tilman Fertitta to claim the title as the wealthiest Houstonian.

    3. 2 Houston neighbors shine as top-10 best places to live in the U.S. Pearland and League City, respectively, claimed No. 3 and No. 6 in U.S. News & World Report's annual "Best Places to Live in the U.S." rankings. The 2025-2026 rankings examined 250 U.S. cities based on five livability indexes: Quality of life, value, desirability, job market, and net migration.

    4. 5 Houston suburbs deemed best places to retire in 2026 by U.S. News. The Woodlands and Spring should be on the lookout for an influx of retirees next year, U.S. News predicts. Three more Houston-area neighbors also ranked among the top 25 best places to retire in America.

    5. Activist group calls out Houston highway as a 'freeway without a future'. A May 2025 report from Congress for the New Urbanism (CNU) included Houston's Interstate 45 expansion on its list of highways with infrastructure that is "nearing the end of its functional life." CNU claims further expansion of Houston's highway system could eventually lead to the loss of the city's bayous, while also diminishing the remaining flood-absorbing land.

    6. 10 things to know about America's first Ismaili Center opening in Houston. After nearly 20 years in the making, the long-awaited Ismaili Center, Houston finally opened its doors to the public. The 11-acre site was painstakingly designed and constructed to offer indoor and outdoor public spaces for all Houstonians to enjoy, connect, and engage.

    7. Houston billionaire Tilman Fertitta asking $192 million for superyacht. Fertitta, who owns the Houston Rockets and restaurant and hospitality conglomerate Landry's, decided to sell his 252-foot yacht, named Boardwalk, to make room for an even larger superyacht he is expected to receive in April 2026. Among numerous luxurious amenities, Boardwalk also features a helipad.

    8. 2 Houston neighbors rank among America's safest suburbs in 2025. Spring came in at No. 19 and West University Place followed at No. 21 in SmartAsset's August 2025 study, which is the first time the two Houston suburbs have made it into the top 25.

    9. Houston is one of America's most overpriced cities, study finds. This likely isn't a surprise to some Houstonians. The study, conducted by Highland Cabinetry, said Houston "struggles with heavy pollution and underwhelming income levels."

    10. 9 Houston universities make U.S. News' 2025 list of top grad schools. Among the newcomers this year are Houston Christian University and Texas Southern University. HCU's graduate education school ranks No. 21 in Texas, and TSU has the 10th best law school in the state.

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