Puzzle 1
by Ari Nieh

The list of words is encrypted by a substitution cipher:

abcdefghijklmnopqrstuvwxyz	plaintext
SVWFJKNGCPADHUEOYTQMZLIBRX 	ciphertext

The decrypted lists of words are:

LOSS
WEIGHT
BARGAIN
COUNTER

HAND
FIGHT
FISH
GUN
POP
SODA
STAR
RIGHT
CLUB

IVORY
HOG
HORSE
WILD
FIRE
GUARD
POWER
SHOE
STRING
SAW
ROAD
RAIL
BIKINI
COAST

DISEASE
DOWN
HILL
HOUSE
HEARTS
FALL
VECTOR
TOWN
TERMINAL
PIT
SIDE
SHIP
SHAPE
SPACE
ARM
BROKEN
UP

ICE
OUT
HANDLE
MAN
TYPE
POST
SET
STORE
STEREO
ROOM
BOX
BOOK
BAR
CODE
CAR

These lists form chains of two-word phrases:

bargain counter weight loss
right hand gun fight club soda pop star fish
ivory coast guard rail road hog wild fire power saw horse shoe string bikini
terminal disease vector space ship shape up hill side 
                 arm pit fall down town house broken hearts
ice box car stereo type set out post man handle bar code book store room

Reading down the first letters of the chains gives BRITI.  Reading down
the last letters gives SHISM.  Together these spell BRITISHISM.