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...opening night, sitting in the splendor of the Bird's Nest Stadium, were two men who have at times been among China's most vocal Western critics: George W. Bush and French President Nicolas Sarkozy. They knew this was China's moment. Back in the Middle Kingdom's heyday, dignitaries from elsewhere in the world would come to pay tribute to the Emperor, an acknowledgement of China's power. As legendary gymnast Li Ning, a six-time Olympic medalist and sporting-wear tycoon, soared through midair to light the Olympic cauldron, the world bore witness to the unmistakable fact that...

Author: /time Magazine | Title: Let China's Games Begin | 8/8/2008 | See Source »

...ultimate price for industrial obsolescence is now being paid in Homestead, Pa. (pop. 4,500). In 1892, on the banks of the Monongahela River, striking steelworkers fought Pinkerton detectives who had been hired by Carnegie Steel to squelch their protest. Ten workers died in the battle. In its heyday, Homestead's sprawling 400-acre U.S. Steel plant employed some 14,000 workers. Last month the Homestead mill was placed on ''temporary suspension,'' meaning shutdown. There is 52% unemployment in the Monongahela Valley; the local suicide rate is skyrocketing. Says Veteran Steelworker John Melechenko, 67: ''There's an old saying, When...

Author: /time Magazine | Title: SINGING THE SHUTDOWN BLUES U.S. industry undergoes a wrenching change, but it could be for the good | 7/21/2008 | See Source »

...heyday for political satire...

Author: /time Magazine | Title: Harry Shearer on Political Satire | 7/18/2008 | See Source »

Just across the mountain range, the tiny town of Belmont prides itself on being beyond government control. It was a mining boomtown in its heyday, filled with Cornish and Chinese and Germans and Italians. The main street of the town, now home to just seven households, winds up a steep grade past a row of crumbling stone buildings. One of the buildings had been the local whorehouse. In the basement of another building, local legend goes, two men--union organizers--were hauled out from a mine they were hiding in and lynched. All that history is falling in on itself...

Author: /time Magazine | Title: Libertarians: A (Not So) Lunatic Fringe | 7/10/2008 | See Source »

...band with an injured hip in 1996, legendary rock group Journey hasn't been the same. Singers Steve Augeri and Jeff Scott Soto tried filling Perry's big shoes (and tight jeans), but the band - whose success had, in any case, been on a downward slide since its '80s heyday - seemed mortally wounded, relegated to the ignominious status of a nostalgia...

Author: /time Magazine | Title: Unlikely Journey | 7/9/2008 | See Source »

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