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Alternative currency comes in many forms. In addition to time-banking, there are Local Exchange Trading Systems (LETS), systems of mutual credit that vary by location. This model was developed by Michael Linton in Canada, though it seems to have taken off mostly in the British Isles; an estimated 40,000 people in the U.K. use these for at least some transactions. (See TIME's top 10 everything...

Author: /time Magazine | Title: Alternative Currencies Grow in Popularity | 12/14/2008 | See Source »

...resort reopened in November after a $1 billion renovation. The hotel added an iMac to each of its 1,504 ocean-front rooms, plus a 40,000-sq.-ft. spa. Through Dec. 20, the Fontainebleau is offering special rates starting at $289 per night, which includes a $50 daily credit for use at the resort's spa, shops or 11 restaurants. From Dec. 21 to May 31, 2009, rates start at $399 per night. 4441 Collins Ave., Miami Beach...

Author: /time Magazine | Title: Personalized Bottles of Bubbly and Other Cool Deals | 12/12/2008 | See Source »

...Illinois political system must get its due credit too. Not every state in the US is wise enough to give its governor sole responsibility for appointing a new senator when one steps down. And few states can boast such a formidable Democratic Party machine, which undoubtedly makes things easier for those on the blue side of the spectrum to take some real American liberties with their position. We thank Gov. Blagojevich, his wife, and his advisers for contributing to a splendid heritage, one of which all Illinoisans may feel justly proud...

Author: By The Crimson Staff | Title: Lest We Forget | 12/11/2008 | See Source »

...participated. Jim Duffett, executive director of Illinois' Campaign for Better Health Care, contends that Blagojevich's attempts at health-care reform failed largely because of his prickly, grandstanding personality, which alienated lawmakers and would-be allies. If anything got passed, says Duffett, legislators "knew the governor would get credit for it." There was also the misguided audacity of his political tactics. He tried to fund his health-care plan, for example, in a budget that included one of the largest proposed tax increases in Illinois history. He lost that battle in humiliating fashion, garnering not a single vote...

Author: /time Magazine | Title: The Fall of the House of Blagojevich | 12/11/2008 | See Source »

Blagojevich also alienated his powerful father-in-law. Mell had been given a lot of the credit for helping Blagojevich win the governor's office, so much so that a local publication called Mell the "governor-in-law." But petty arguments mushroomed into a major falling out, including Blagojevich's shutting down a landfill owned by a Mell relative who allegedly boasted he had clout with the governor. Blagojevich then publicly belittled his father-in-law, saying "This is the kind of thing that I think, frankly, separates the men from the boys in leadership. Do you have the testicular...

Author: /time Magazine | Title: The Fall of the House of Blagojevich | 12/11/2008 | See Source »

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