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...state-owned development companies, Dubai was soon every inch the global financial center. It's home to the sail-shaped Burj al-Arab, the most expensive hotel in the world, and the unfinished 160-story Burj Dubai, the planet's tallest building. Its coastline has sprouted archipelagoes of man-made islands shaped to represent a date palm and a map of the world...

Author: /time Magazine | Title: Brief History: Dubai | 12/14/2009 | See Source »

Resentment may be another factor. While the New Deal is often remembered as a bailout for the little guy, the bailouts of Wall Street--launched by the Bush Administration and sustained by Obama--have been aimed at the affluent and have not merely made Americans skeptical of the explosion in spending but left them feeling shortchanged as well. Republican pollster Bill McInturff calls this "the notion that they're too big to fail and I'm too small to notice--that politicians have used the government to spend another trillion for the big banks and special interests...

Author: /time Magazine | Title: Will Fear of Big Government End Obama's Audacity? | 12/14/2009 | See Source »

...worst part of the reunion was that this guy Jeff - who for over a month in elementary school tricked me into giving him the dessert my mom packed in exchange for "future" Mystic Mint cookies he kept track of on a ledger - brought a beautiful, large-breasted, heavily made-up woman wearing exactly the kind of dress my imaginary hooker would have worn...

Author: /time Magazine | Title: Slow Times At My 20th High School Reunion | 12/14/2009 | See Source »

...primary in 1998; and the businessman Bill Simon, who campaigned unsuccessfully against Davis in 2002. All of them were seen as overconfident and underprepared, liable to self-destruct when pressed on basic policy questions. Raphael Sonenshein, a political-science professor at California State University at Fullerton, notes that self-made, first-time candidates often imagine incorrectly that politics can be made as efficient, orderly and logical as business. "While [very wealthy candidates] are usually competitive, it's not nearly as easy as they think it's going to be," he says. "There's a reason that politics is a profession...

Author: /time Magazine | Title: Is California Sold on Governor Meg Whitman? | 12/14/2009 | See Source »

Your ticket accounts for more than 70% of revenue--Royal Caribbean had sales of $6.5 billion last year, with $574 million in earnings--and ancillary charges, easily paid with a swipe of your onboard ID, made up about a quarter of those revenues. In the past 10 years, the ships have added acupuncture, personal trainers, spinning classes and premium restaurants. One line even offers Botox treatments. The bigger the boat, the more opportunities, which is why Kochneff, for one, expects cruise companies to introduce more sea monsters like Oasis...

Author: /time Magazine | Title: Will the World's Largest Cruise Ship Sink or Swim? | 12/14/2009 | See Source »

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