Word: thrifting
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Adelson may have changed planes, but he's not changing his strategy of using high-end dining, giant suites and plush convention spaces to attract customers. He does not believe that America is going to fundamentally change its values from extravagance to thrift. "There's no way this world will change. There's no way people are going to stop doing things they want to do ... People aren't going to say, 'I'm going to see Old Faithful or the redwoods instead of taking a trip to Vegas. Or I'll go to Cape Cod with a book...
...size as Washington, D.C. (which Las Vegas is) - that we can't continue to devote as many resources to gambling, tasting menus, spas, strip joints and nightclubs as we do to our national government - then we finally revert from being a nation of optimistic materialism to one of Puritan thrift. The one that not even Cotton Mather could get Americans to buy. (See 10 things to do in Las Vegas...
...avant-garde DJ sets, indie-rock gigs, poetry readings, independent-movie screenings and art-show openings spring up as if spontaneously. Yet even without an event on the cards, the compound's motley venues offer plenty of diversions. It's hard not to find joy within the expansive Grand Thrift House, tel: (63) 920 962 3079, run by a family of antique and curio collectors - expect vintage Elvis posters, brick-sized cell phones and secondhand photography books (if you're lucky, you'll find one that features a youthful Imelda Marcos cavorting with Madame Mao). Pop-culture fiends will delight...
...TIME's poll on "American Thrift: How the Recession is Altering American Spending...
...consumer culture invites us to want more than we can ever have; a culture of thrift invites us to be grateful for whatever we can get. So we pass the time by tending our gardens and patching our safety nets and debating whether, years from now, this season will be remembered for what we lost, or all that we found...