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...madness of gambling is based on the belief that either the player will win or somehow come up with the money if he loses. Since gamblers frequenting casinos rarely win, the real issue is their ability to pay off debt. Las Vegas has become like the rest of America. Visitors to the city were just late coming around to the realization that borrowing has gone out of vogue. If most large American banks were based in Las Vegas they would still be buying toxic paper and lending money for leveraged buyouts...

Author: /time Magazine | Title: The Depression Hits Las Vegas | 2/12/2009 | See Source »

...long ago as 1872, Francis Galton, the man behind eugenics and fingerprinting, reckoned that monarchs should live longer than the rest of us, since millions of people pray for the health of their King or Queen every day. His research showed just the opposite - no surprise, perhaps, given the rich diet and extensive leisure that royal families enjoy. An oft discussed 1988 study by cardiologist Randolph Byrd of San Francisco General Hospital found that heart patients who were prayed for fared better than those who were not. But a larger study in 2005 by cardiologist Herbert Benson at Harvard University...

Author: /time Magazine | Title: The Biology of Belief | 2/12/2009 | See Source »

...technologies on the market, that won't make it livable. "It looks a bit like a prison to me," says Steffen Lehmann, an urban-design professor at the University of Newcastle in Australia who spoke at WFES. "It's going to be a 1% token-green enclave, while the rest of [Abu Dhabi] goes about business as usual...

Author: /time Magazine | Title: Abu Dhabi: An Oil Giant Dreams Green | 2/12/2009 | See Source »

...creation of a J-term itself should be commended; many promising break options lie outside Cambridge, allowing students to work or travel over the four-week period. But, as the university puts its finishing touches on the schedule, it must remember to furnish offerings for the rest of us as well—those who lack the resources or the desire to set up shop elsewhere...

Author: By Nathaniel S. Rakich | Title: What I Did Next January | 2/11/2009 | See Source »

...taste of the craziness, and we could go up to the rooftop (where Secret Service Snipers patrolled with binoculars) for a bird’s-eye view, but we could also watch TV within the warm confines of the 15th floor and actually hear the speech and the rest of the ceremony. When NBC announced that the motorcade was leaving the White House for the Capitol, we waited by “Window 21” and watched it pass below. When it announced that the helicopter was carrying Bush away, we got on the rooftop as it circled around...

Author: By Charles R. Melvoin, CRIMSON STAFF WRITER | Title: Window 21 to the World | 2/11/2009 | See Source »

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