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...recession has gone on so long and has been so crippling that the eyes of the wishful begin to play tricks. A small piece of economic information, like one month of very modestly improved housing numbers or one week of a slight decrease in jobless claims, sets off a chain reaction. If one set of numbers is OK, the next set will be better. Real estate prices will stop falling everywhere, if they stop falling in hard hit Nevada. (See pictures of Las Vegas...

Author: /time Magazine | Title: Despite Signs to the Contrary, Real Estate Will Get Worse | 5/5/2009 | See Source »

...tourism can mean the difference between poverty and prosperity. In Kenya, a single employee at a hotel or restaurant supports four other people with their salary, according to Gerson Misumi, managing director of Tamarind Management, a restaurant and resort firm in Kenya and South Africa. "There's a chain of services that depend on our industry." Lipman of the UNWTO agrees. "Tourism is a good development agent because poor countries don't have to manufacture it," he says. Developing nations already have their product - nature, culture, tradition - and all that's required to profit is a bit of investment...

Author: /time Magazine | Title: Vacation Blues as Tourists Stay at Home | 5/4/2009 | See Source »

...former U.S. Army Staff Sergeant, I assure you that those soldiers who killed themselves had plenty of other options. They could have picked up the phone and started working their way up the chain of command. If that didn't work, they could have requested a transfer or simply walked away. Or they could have done nothing and left the Army at the end of their enlistment. Suicide was the coward's way out. Scott True, MIAMI...

Author: /time Magazine | Title: Ethics and Extinction | 5/4/2009 | See Source »

Pissed off Adams residents took to their House list Saturday to voice annoyance at the extravagant commotion in the tellingly titled e-mail chain "Drumming." Wrote one resident...

Author: By Clifford M. Marks | Title: Lampoon Cracks The Fuck Out | 5/4/2009 | See Source »

...coils of razor wire glint in the prairie sun like silver tumbleweeds piled against the tall chain-link perimeter fences of the forlorn Two Rivers Detention Facility in Hardin, Montana. Two years ago, the town (pop. 3,600) celebrated the completion of the state-of-the-art private jail capable of holding 464 inmates. Convinced that it would provide steady employment for over 100 locals, as well as accompanying economic benefits, the residents financed it through the sale of revenue bonds and turned it over to a for-profit prison-management corporation. On a 40-acre field at the edge...

Author: /time Magazine | Title: The Montana Town That Wanted to Be Gitmo | 5/3/2009 | See Source »

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