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This expanse of high desert 35 miles southwest of Truth or Consequences, N.M., is the site of Spaceport America, a collaborative effort between the state and Richard Branson's space enterprise, Virgin Galactic, that hopes to send private citizens into near orbit as early as 2011. New Mexico is spending $198 million on construction; Virgin Galactic will lease the place for 20 years at a price of $200 million to $250 million. (See pictures of billionaire Richard Branson...

Author: /time Magazine | Title: Postcard from Las Cruces | 12/14/2009 | See Source »

Indeed, not all New Mexicans are enthralled by the spaceport. Having toured the state, Landeene sums up taxpayers' objections this way: "It's rich men into space. Why in heck are we paying for Richard Branson? It's his deal. Let him do it." Ranchers in the area have also complained that they've had to reduce the size of their herds and move cattle away from the construction, though compromises are slowly being worked...

Author: /time Magazine | Title: Postcard from Las Cruces | 12/14/2009 | See Source »

...suspicion of state power can trump disillusionment with free markets ... The more that Democrats flail in the present, the more likely it becomes that the Great Recession will be remembered as the time when liberalism let the future slip away." --11/29/09...

Author: /time Magazine | Title: Verbatim | 12/14/2009 | See Source »

Thanks to massive spending (and borrowing) by its state-owned development companies, Dubai was soon every inch the global financial center. It's home to the sail-shaped Burj al-Arab, the most expensive hotel in the world, and the unfinished 160-story Burj Dubai, the planet's tallest building. Its coastline has sprouted archipelagoes of man-made islands shaped to represent a date palm and a map of the world...

Author: /time Magazine | Title: Brief History: Dubai | 12/14/2009 | See Source »

...many colleges, smokers are being run not just out of school buildings but off the premises. On Nov. 19, the University of Kentucky, the tobacco state's flagship public institution, launched a campuswide ban on cigarettes and all other forms of tobacco on school grounds and parking areas. Pro-nicotine students staged a "smoke-out" to protest the new policy, which even rules out smoking inside cars if they're on school property...

Author: /time Magazine | Title: Campus Smoking Bans? Some Saying 'Lighten Up' | 12/14/2009 | See Source »

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