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...High-speed trains, true to their name, are fast. They travel over 150 miles per hour, which is about three times faster than a car on a highway. When you factor in traffic, travel by car is even slower in comparison. They are also faster than air travel for distances of less than 500 miles—though airplanes can reach higher speeds, flight check-in, interminable security lines, and inevitable delays make train travel a speedier option...

Author: By Anthony P. Dedousis | Title: All Aboard | 3/30/2009 | See Source »

...Intermix also owned a majority stake in a fast-growing website - Myspace.com - which had attracted an impressive 17.7 million visitors the prior month. A consummate salesman, [Intermix CEO Richard] Rosenblatt focused his comments on the potential of adding MySpace's broad audience to complement Rupert Murdoch's already enviable empire of top-flight media companies...

Author: /time Magazine | Title: Stealing MySpace | 3/27/2009 | See Source »

...story of the original collapse of the American nuclear industry has been told many times. It is basically the story of an immature industry that grew way too fast, quintupling the size of its plants in just a few years, even as it was struggling with dangerously complex new technologies and an understandably onerous regulatory process, buffeted by plummeting electricity demand and soaring interest rates. The last nuclear plant ordered by a U.S. utility broke ground in 1973 and took 23 years to finish. The average cost overrun for a reactor approached 300%; the Washington Public Power Supply System-known...

Author: /time Magazine | Title: Three Mile Island at 30: Nuclear Power's Pitfalls | 3/27/2009 | See Source »

...repeat itself," Mark Twain is supposed to have said, "but it rhymes." Does America in 2009 rhyme with the Britain of 1909? Back then, the British were finishing a proud century as the most important nation on earth - economically, politically, militarily, culturally. But the U.S. was coming on fast, having already overtaken the Brits economically. Between the beginning of World War I and the end of World War II, as America turned into the unequivocal global leader, Britain became an admirable also-ran, radically diminished as a global player. If the 21st century rhymed, China would...

Author: /time Magazine | Title: The End of Excess: Is This Crisis Good for America? | 3/26/2009 | See Source »

...past two centuries, a key to national prosperity and power was the extraordinary physical scale of our land, our population, our natural resources. China has similar advantages today, and partly because we have already been there and done that, paving the way, it has been able to develop in fast motion, cramming 100 years of development into 30. But I'm reminded of Philip Johnson's apt, bitchy description of Frank Lloyd Wright during the forward looking 1930s "as the greatest architect of the 19th century." Twenty-first century China is the greatest country of the 20th century. Muscular industrialism...

Author: /time Magazine | Title: The End of Excess: Is This Crisis Good for America? | 3/26/2009 | See Source »

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