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...policemen. "Working in a casino will have a bad influence on them," Ng says. There may be little, though, that he can do. Bruce Springsteen, in his classic song Atlantic City, tells of the dangerous mix of vice and hope that the casinos brought to the New Jersey shore. "Down here it's just winners and losers and don't get caught on the wrong side of that line," he sings. In Macau, too many are already on the wrong side...

Author: /time Magazine | Title: Split Personality | 7/31/2008 | See Source »

...wasteful government spending and pass a gas tax holiday, and seek to allow offshore drilling to help ease the energy crisis - almost none of which has support from Democrats. Obama has said he would pass two new economic stimulus packages, move to end the war in Iraq and shore up the Veterans Administration - all goals congressional Dems support...

Author: /time Magazine | Title: Congress Lays Ground for 2009 | 7/29/2008 | See Source »

...last week if Bell Atlantic chairman Raymond Smith and Tele-Communications Inc. president and chief executive officer John Malone had not got stuck on a boat off the coast of Maine. The merger talks were going nowhere that August afternoon when the two men decided to head back to shore, only to find that the anchor of Malone's 70-ft. sailboat had snagged an underwater power line. While divers spent two hours cutting the boat free, Smith and Malone had little choice but to continue trying to unsnarl the deal. ''We were lucky we weren't electrocuted,'' says Smith...

Author: /time Magazine | Title: WIRED! | 7/21/2008 | See Source »

...effect only for a fixed period, perhaps five years, while a struggling industry regrouped. Bluestone also advocates a kind of supportive national planning to identify key industries that deserve help in recovery, in the same way that Washington helped Chrysler. However Bluestone and his allies are merely attempting to shore up an illusion, in the view of many other scholars and industrial experts. They argue that the American industrial base is not only surviving but is successfully cresting the challenge of change. In their view, the fear of deindustrialization is misleading. What...

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 »

Americans also need ways to shore up their retirement--particularly as traditional pensions disappear--and they need help stewarding the retirement money they receive. So one consortium of public-policy research groups is exploring ways to link retirees who get lump-sum 401(k) payouts with services to help them manage their money for the long term...

Author: /time Magazine | Title: The New Social Contract | 7/17/2008 | See Source »

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