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...city had "professional killers who never miss their targets." In an effort to clean up the territory's casino culture - and to profit from it - China ended Ho's choke hold on the industry in 2001, launching a bidding war for two additional casino licenses and slapping a 39% tax on all three. One of the new license holders is Steve Wynn, who is credited with reinventing the Strip in Vegas. "Right now, Macau is for the gambler - period," Wynn told TIME last month before breaking ground on a $705 million wonderland to be flanked by the old Lisboa...

Author: /time Magazine | Title: Exporting The Fun | 7/25/2004 | See Source »

...progressive potential, but he envisages growing competition between club and nation as the organizing principle of the game. Just as corporations today stain against national boundaries and their attendant responsibilities as they drive towards a supranational existence that transcends national borders in pursuit of markets, skills, cheaper inputs and tax relief, so are the top tier of soccer teams increasingly straining against the nation state (or more specifically, the national football federation). For fans, there's no question that representing one's country is the highest possible honor. But the reality for players is that it is their clubs...

Author: /time Magazine | Title: What Soccer Means to the World | 7/21/2004 | See Source »

...stretch. And yet not every cautious consumer is in the Kerry camp. After several months of joblessness, Jesse Roecke, 46, of Midland, Mich., will soon start work as a senior executive for Goodyear Tire & Rubber. He's more frugal now but unwilling to accept Kerry's rollback of tax cuts. "I believe there's a broad-based recovery," he says. "Bush was on the right track...

Author: /time Magazine | Title: How Real Is the Squeeze? | 7/19/2004 | See Source »

...wealthy, privileged and connected, where there are good jobs and affordable health care and good schools, and another for everyone else. "Today under George W. Bush, there are two Americas: one America that does the work, another that reaps the reward. One America that pays the taxes, another America that gets the tax breaks. One America--middle-class America--whose needs Washington has long forgotten, another America whose every wish is Washington's command." It was a great speech for a Democratic audience, but it couldn't lift him to the nomination...

Author: /time Magazine | Title: John Edwards: The Natural | 7/19/2004 | See Source »

...right. The President will speak what appear to be simple truths (which will often be shameless oversimplifications of serious policy matters). John Kerry will struggle through tortured complexities, like his explanation of his various positions on the $87 billion: he wanted the appropriation to be paid for by a tax on the wealthy, and when that notion failed, he voted against the bill. But he wouldn't have voted against it if his had been the deciding vote; he would never have stiffed the troops. And on and on. If that's the campaign, Bush wins...

Author: /time Magazine | Title: The President's Real Enemy | 7/19/2004 | See Source »

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