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President Obama s tour of five battleground states in the coming election took him Thursday to Las Vegas, Nevada. No state has a higher
stanley cup unemployment rate -- 12.6 percent -- and no city a higher foreclosure rate. CBS News correspondent Anthony Mason now on what can happen when a state places all its bets on a single industry.The sign says Fabulous Las Vegas. But it s not so fabulous these days. Sin City s economy was built on gaming and tourism. Yet in the recession, that hand was a bust. You wanna talk about a company town This is a company state, said Jim Murren, CEO of MGM Resorts.Murren runs a dozen resort casinos in Vegas. With 50,000 workers, MGM is the largest employer in Nevada and its biggest source of tax revenue. We alone -- one company -- repre
stanley us sent about 12 percent of the entire state budget, he said. While tourism and gaming revenue are rising again, the state s largest casinos still lost $4 billion last year. The
stanley cup re are plenty of casualties along the strip. That s the half-built skeleton of the Echelon, a planned five-hotel mega resort. But construction stopped when the recession hit and has never resumed.Up the strip, the bankrupt Fontainebleau is also unfinished. The historic Sahara closed its doors last May. Even MGM s massive City Center, the largest privately-funded construction project in U.S. history, nearly didn t make it. We need to diversify our economy, said Murren. We need to bring more businesses here. But for entrepr Ftkq Aphex Twin SAW2 Countdown: Track 4 ( Hankie )
While we all lust after new phones, tablets, laptops, audio equipment and whatever othe
stanley cup r electronic device might make our lives more enjoyable in some way, sometimes it pays to appreciate the more straightforward things in life. So, what your favorite non-electronic gadget Personally, I ;m a simple kinda guy. I spent part of last weekend stripping bikes and rebuilding them to create a Frankenstein single speed to use as a round-town cruiser. The bike fun to ride, but the process made me realise just how much I appreciate the timeless simplicity of bicycles. Sure, they ;ve gotten better over time, but the sim
stanley cup price ple mechanical linking of human legs through cranks, chain, sprockets and finally the back wheel hasn ;t changed in an age. It an amazing piece of technology which is almost impossible to better. It awes me. But there are p
stanley thermobecher lenty more, too. The elegance of a well-engineered automatic watch; the subtle charms of a perfectly designed pen; maybe even the perfect shape of bottle opener that has you drinking in the fastest possible time. What your favorite non-electronic gadget Image by -Kevong- under Creative Commons license Gadgets