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...What's also at stake, say the developers, is the status of the "home" as something more than a commodity as instantly tradable as pork-belly futures. When the prime purpose of a house or condo becomes hedging instead of living, they argue, it eventually loses the cachet of residential and community stability that keeps property values strong in the long term. "If there is no sincere interest or care about the actual use of the property," says Robins, "it won't be worth that much over time. It jeopardizes the market." In an exchange this month on the Inman...

Author: /time Magazine | Title: Enter the Flipbusters | 8/25/2005 | See Source »

...result, any cold war-style talk about "taking Chavez out" with "covert operatives," as Robertson suggested, just confers more Che Guevara cachet on the former army lieutenant colonel (who himself led a failed coup in 1992). And since Chavez has threatened to cut off oil exports to the U.S. at the first sign of gringo aggression, it makes America's important Venezuelan oil supply look all the more volatile...

Author: /time Magazine | Title: Why Pat Robertson's Statements Help Hugo Chavez | 8/23/2005 | See Source »

Much about Rice's six months on the job has been surprising. Her enthusiasm for travel has transformed her image from that of a remote presidential consigliere to a glamorous, globe-trotting operator with first-name-only cachet. (A Madrid hairdresser has started offering "the Condi flip.") "She has a little bit of star power," says Democratic Senator Joseph Biden, "which isn't a bad thing to have." But she can also play tough: in Sudan last month, Rice demanded an apology from the Khartoum government after members of her traveling party were manhandled by Sudanese security agents...

Author: /time Magazine | Title: The Condi Doctrine | 8/7/2005 | See Source »

...never translate its cultural hopes into realities that justify bold architectural monuments. Will Hong Kong celebrate its Cantonese roots, foreign influences and its status as home for millions of Overseas Chinese? Or will it instead buy "culture" franchises?importing brands like Centre Pompidou and Guggenheim to bolster its cultural cachet...

Author: /time Magazine | Title: Hong Kong's Identity Crisis | 7/18/2005 | See Source »

...visited San Francisco, Japan, London, Paris, Austria, West Germany--and even East Germany, for the opening of Dresden's restored Semper Opera House. "We look for the unusual," says Walsh, "new music of international significance and productions of older music that work especially well or have a special cachet. The only way to keep abreast is to be there, and that means having the stamina of an ox, durable carry-on luggage and a tolerance...

Author: /time Magazine | Title: A Letter from the Publisher: May 5, 1986 | 6/21/2005 | See Source »

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