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...almost sounds crazy to say that the show wasn't about him, but ... he'd put it in perspective all the time, saying, 'This is what we're here for, to spread a message of love and taking care of the planet, that we want people to understand it's very, very dear and not to take it for granted,'" Holley tells TIME. (See TIME's top 10 Jackson moments...

Author: /time Magazine | Title: What Michael Jackson Did on His Last Day | 6/29/2009 | See Source »

...Miami-Dade County, to the south, where 1 in 4 homeowners is 30 days or more behind in his or her mortgage payments, residents are bracing for what Mayor Carlos Alvarez says could be an imminent property-tax hike to fill an almost $400 million budget hole - a move that veteran Miami realtors like Alex Shay insist would set recovery back. "It's out of line," says Shay, who recently took Alvarez to task on his Miami Real Estate blog. "A lot of people here are barely holding on to their properties, using credit-card advances to pay escrow...

Author: /time Magazine | Title: Florida's Property Taxes Go Wacky in Housing Slump | 6/29/2009 | See Source »

...onerous tax bills aren't proving too large a hindrance to foreclosed-home purchases. The bigger concern is that during the boom, many local governments spent their revenue windfalls like sailors, which makes taxpayers less sympathetic to their budget whining. Mayor Alvarez insisted this month that "it's almost impossible that we can achieve an acceptable budget" without a property-tax increase. But because Miami-Dade residents saw so much official profligacy during the housing bubble - county commissioners were famous for having cops chauffeur them around town, which cost hundreds of thousands of dollars in police overtime - Alvarez's suggestion...

Author: /time Magazine | Title: Florida's Property Taxes Go Wacky in Housing Slump | 6/29/2009 | See Source »

...understand what the climate-change bill does and doesn't do. The bill includes a raft of energy-efficiency provisions and a renewable-energy standard that will require 20% of all U.S. electricity to come from alternative sources by 2020. Chiefly, though, Waxman-Markey puts a cap on almost all of the greenhouse-gas emissions produced by the U.S. economy - everything from utilities to industry to transportation - setting a limit on how much carbon the country can produce. Industries are issued allowances each year that give them the right to emit a certain amount of carbon; they have to reduce...

Author: /time Magazine | Title: What the Energy Bill Really Means for CO2 Emissions | 6/27/2009 | See Source »

...bill's defenders, which include almost all mainstream environmental groups, say that it doesn't matter where the emissions cuts come from, as long as they're legitimate and the carbon goes down. "This bill will give us lots of ways to get to where we need to go on emissions reductions," says Keohane. But over the long run, we need to cut carbon out of our energy supply - and that means vastly increasing the role of renewables like solar and wind, along with low-carbon sources like nuclear and even coal with carbon capture. That will require plenty...

Author: /time Magazine | Title: What the Energy Bill Really Means for CO2 Emissions | 6/27/2009 | See Source »

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