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...city. "Visitors were coming to hotels at rates of 90% - a signal to expand," Schwer explains. "And interest rates dropped, so there was readily available cash to do just that." Jan Freitag, a hotel analyst at Smith Travel Research, agrees: "There was the sense that if you build it, they will come - that there was this pent-up demand...

Author: /time Magazine | Title: Behind Vegas's Bad Bet | 12/29/2008 | See Source »

...someone who has chosen to return to Detroit after living in New York City and San Francisco, I am offended by the media stereotype of Rust Belt workers left behind in a city of gloom [Dec. 15]. It seems easy to rationalize abandoning the car companies that helped build America's industrial legacy. What's harder is to recognize the significance of these companies as building blocks of the American story and the importance of preserving and reinventing them. The spirit that built Detroit is still alive, and those of us who live here are fully invested in the hard...

Author: /time Magazine | Title: The Road to Mumbai's Tragedy | 12/29/2008 | See Source »

...Lebanon-Israel border long has served as a locus of Arab retaliation against Israel during periods of heightened violence. But since the 2006 war between Hizballah and Israel, the border has remained calm with the Shi'a militants concentrating their efforts on a military build-up for what they believe is an inevitable future encounter with their Israeli foes. "I think Hizballah has to keep it quiet along the border. The rules have changed since 2006," says Timur Goksel, a university lecturer in Beirut who served from 1979 to 2003 with the United Nations peacekeeping force in south Lebanon, known...

Author: /time Magazine | Title: Attacking Gaza, Israel Worries About Lebanon | 12/29/2008 | See Source »

...paid and protected - clout that is now a focus of what's wrong with Detroit. Still, the foreign automakers are in America in large part because, as their more fuel-efficient cars became popular in the U.S. in the 1980s and '90s, the UAW lobbied to get them to build production plants here...

Author: /time Magazine | Title: Detroit's Fall Gives Power to Rival Dixie | 12/22/2008 | See Source »

...Gerry McEntee, head of the American Federal of State, County and Municipal Employees candidly told the Washington Times (much to the delight of Republicans, who broadcast his remarks in press releases), "the payback would be the Employee Free Choice Act - that would be a vehicle to strengthen and build the American labor movement and the middle class." Still, in this economic climate, payback for anything will likely be difficult...

Author: /time Magazine | Title: Will Obama Deliver for Organized Labor? | 12/22/2008 | See Source »

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