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...Vermont is blue heaven, home of Ben and Jerry and Phish, the first state with civil unions for gays, the last state with a Wal-Mart and the only state that President Bush has somehow neglected to visit. (Naylor likes to say that Bush is the unofficial membership director for his secession movement.) One Vermont Senator, Brooklyn-born Bernie Sanders, is an avowed socialist; the other, Pat Leahy, is a liberal Democrat perhaps best known for being told by the Vice President on the Senate floor to go "f--k yourself." When Manhattan-born Howard Dean served as governor...

Author: /time Magazine | Title: Vermont Votes Its Own Way | 3/2/2008 | See Source »

Gift-Card Crisis The canaries in the coal mine of the next recession may well be gift cards. Usually they provide a post-Christmas bounce for stores, but this year, say big retailers like Wal-Mart, cash-crunched consumers are either saving their holiday gift cards or spending them on necessities like toiletries and school supplies instead of luxuries like iPods and DVDs...

Author: /time Magazine | Title: Briefing | 2/14/2008 | See Source »

...port operations, too, have evolved to complement its neighbor, says Michael DeGolyer, a professor at Hong Kong Baptist University who has studied relations between the city and its mainland economic hinterland. "What Shenzhen ports have been doing is straight-through shipment," DeGolyer says. "You fill a full ship with Wal-Mart stuff, and it goes straight to the U.S." That has left Hong Kong's port - which is managed by Hutchison Whampoa, the same Hong Kong conglomerate that operates Shenzhen's - to concentrate on more logistically complex operations, including breaking down containers for shipment to multiple destinations. DeGolyer says...

Author: /time Magazine | Title: Beijing's Brokers | 1/17/2008 | See Source »

...lots and lots of money in the process. The self-funded Romney's frequent invocations of Reagan are a sharp contrast to McCain's focus on national security, and Huckabee's churchy charm. All three front-runners are appealing to different strains of traditional Republican values; there's the Wal-Mart Republican (Huckabee), the establishment Republican (Romney), and the independent Republican (McCain). After Michigan, all three appear to have an equally good shot at the nomination. But for voters to have faith in the man who won Michigan, Romney can't afford to change his tune...

Author: /time Magazine | Title: Has Romney Found His Voice? | 1/16/2008 | See Source »

...become the first person in his family to attend college. In his America, hard work was rewarded and opportunity was there for those who wanted it. But things have changed; today the textile mills of the South are gone, outsourced to Asia, and replaced on the landscape by Wal-Mart Supercenters—stores that sell second-rate merchandise and treat their employees like cattle, yet remain in business anyway because so many Americans can’t afford to shop anywhere else. In too many places today, there are no good jobs and no signs of change...

Author: By Markus R. T. Kolic | Title: Fighting For the American Dream | 1/7/2008 | See Source »

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