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...river that night. They'd heard on the radio that the Soviets had just put the Sputnik spacecraft into orbit. "We thought, We can build a rocket,'' Arneth says. Commandeering a welder, they made a long cylinder from three 44-gallon drums, then rigged up a nose cone from an old hopper. "They got an old car seat and put that in the drum, and then they went looking for an astronaut,'' Arneth recalls. A runty stockman was chosen and inserted, too drunk to protest, into the cramped cockpit. In case he got thirsty on the moon, the men hung...

Author: /time Magazine | Title: Tales of the Wild North | 8/7/2006 | See Source »

Well, maybe not always. The housing market in parts of South Florida is melting faster than a snow cone on Miami Beach. Schiller's town house has languished on the market for 18 months. She has slashed the price by $75,000, to $565,000, offered a $2,500 bonus to the selling agent and at one point threw in a $2,500 store credit for home furnishings--all to no avail. "Buyers are extremely hesitant," says her broker, Rob Rose, adding that hundreds of similar properties are for sale, with similar gimmicks--from free Caribbean cruises to gym memberships...

Author: /time Magazine | Title: The Boom Is—Is Not!—Over: The Great Real Estate Debate | 8/6/2006 | See Source »

...bien,” the waitress said. “You know Chinese?”My first effortless trilingual conversation, in three sentences.By all means, come to Buenos Aires. When Harvard’s intersession rolls around, it’ll be gorgeous here in the southern cone of South America. After all, this city breathes what Jorge Luis Borges and Julio Cortázar immortalized in print. Such idylls offer much more than mere hazy fantasies of cheap, hedonistic living. You just won’t find that kind of free ticket here; and in the meanwhile, you?...

Author: By Grace Tiao, | Title: Come to Buenos Aires | 8/4/2006 | See Source »

...home to Asia's largest indoor ski dome, Yinqixing (Seven Silver Stars). With a slope that's just 380 m long, the $36 million facility isn't designed for serious ski bums. The steepest section of the hill is only 17 degrees, the snow feels more like Sno-Cone crystals than real powder and there are no lifts?just an escalator that takes skiers partway up the slope. Still, a Yinqixing spokesman says the facility has recorded 500,000 visits since opening in 2002. One such customer is Shanghai native Gao Rujin, who recently brought her 6-year...

Author: /time Magazine | Title: Powder to the People | 3/13/2006 | See Source »

...home to Asia's largest indoor ski dome, Yinqixing (Seven Silver Stars). With a slope that's just 380 m long, the $36 million facility isn't designed for serious ski bums. The steepest section of the hill is only 17 degrees, the snow feels more like Sno-Cone crystals than real powder and there are no lifts-just an escalator that takes skiers partway up the slope. Still, a Yinqixing spokesman says the facility has recorded 500,000 visits since opening in 2002. One such customer is Shanghai native Gao Rujin, who recently brought her 6-year...

Author: /time Magazine | Title: Powder to the People | 3/12/2006 | See Source »

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