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...been crushed by the recession. For example, there are 54 cozy, steak-and-shrimp-filled corporate hospitality tents, going for about $240,000 a pop, at this year's Open at the Bethpage Black golf course in Farmingdale, N.Y. Back in 2002, the last time the Open was held at Bethpage, there were 78. The financial-services companies, knowing the government will pounce on an unnecessary golf junket, are staying away from the fairways. "That's a significant drop-off," says Peter Bevacqua, chief business officer for the USGA. "We have certainly been affected by the economic downturn...

Author: /time Magazine | Title: Golf Rage: First Recession, Now Rain at the U.S. Open | 6/18/2009 | See Source »

...Czech Village gathering, which drew a handful of neighbors, is among several commemorations being held this month in Cedar Rapids and across eastern Iowa to mark the one-year anniversary of flooding that deluged cities large and small, upending many lives and causing an estimated $10 billion worth of damage ($6 billion in Cedar Rapids alone). Eighty-eight of Iowa's 99 counties were declared a natural disaster area as a result of last year's flooding and two deadly tornadoes. While progress has been made to recover from Iowa's worst disaster, many frustrated homeowners still await government help...

Author: /time Magazine | Title: A Year After the Flood, Cedar Rapids Struggles | 6/17/2009 | See Source »

...Czech Village last weekend, the mood was subdued. A hog roast to mark the anniversary, held in the still recovering one-block historic shopping district, was sparsely attended by midafternoon and dominated by the accordion of a three-piece band. "We have to celebrate how far we've come, but we have a long way to go," says Gail Naughton, CEO of the nearby National Czech and Slovak Museum, which sponsored the roast. The museum was shuttered by the flood, but officials hope to rebuild. "People here are resilient, they're hardworking and they'll do what they need...

Author: /time Magazine | Title: A Year After the Flood, Cedar Rapids Struggles | 6/17/2009 | See Source »

...first national health-insurance bill all the way back in 1970. But Kennedy, who is struggling with brain cancer, has been away from Washington for most of this year - and it shows in the chaos that surrounds the panel as it begins to try to turn his long-held dream of universal health coverage into reality. "As we always say around here, if you want to get a bill through, give it to Kennedy," says Iowa Senator Tom Harkin, a senior member of the panel. "He just knows how to get the deals and get everybody working together." (Read "Cost...

Author: /time Magazine | Title: Kennedy's Absence Felt on Health-Care Reform | 6/17/2009 | See Source »

...intelligence has suffered from the 30-year divorce. The emergence of Iran as a rival to the U.S. and its interests in the region has led to more government and academic analysis today than ever - but mostly from afar. Widely held views on Tehran's political factionalization have inspired tough U.S. policy toward hard-liners, a policy driven as much by a desire to encourage moderate forces. But recent developments have called into question some of the assumptions about the nation's leaders and their ability to control events...

Author: /time Magazine | Title: U.S. Still Struggling to Understand Iran | 6/17/2009 | See Source »

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