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...panic over rising gas prices outplayed fears of melting Arctic ice, the Republican call to "drill, baby, drill" got louder and more popular, eventually pushing Democrats, including Barack Obama, to publicly support some amount of offshore drilling. The flip-flopping came on the heels of the Senate's defeat of the Warner-Lieberman bill - the first real attempt to pass federal cap-and-trade legislation - thanks in part to fears raised by Republicans that a carbon cap would further increase energy prices. "America's growing dependence on fossil fuels, once viewed as a Democratic trump card...has become a lodestone...

Author: /time Magazine | Title: Will the Environment Lose Out to the Economy? | 10/7/2008 | See Source »

...Price of Greed" is great reporting [Sept. 29]. Andy Serwer and Allan Sloan compressed a staggering amount of information into five pages and still made this trajectory of avarice remarkably clear. Now that I think I understand it, I wish I didn't feel so angry. Edward Claymore, LAGUNA WOODS, CALIF...

Author: /time Magazine | Title: Recession Redux | 10/7/2008 | See Source »

...city is in the midst of building a new library and refurbishing its war memorial. Tax rates in fact increased from the fiscal year 2008 rate from $7.36 to $7.56 per $1,000 of value. Because property values fell slightly in Cambridge over the past year, the actual amount of taxes charged remained constant or decreased, Maher said. The tax rate in Cambridge is significantly lower than that of the other cities in the surrounding area. Boston, Brookline, and Somerville have tax rates of $10 or higher per $1,000 of value, Healy said. The Council’s proposal...

Author: NO WRITER ATTRIBUTED | Title: City Council Sets Property Tax Rate | 10/6/2008 | See Source »

...Shields plans to enter the entertainment and media industry. And though he notes that “it’s a hard time to get into music now,” his friends said they have few doubts about his prospects. “He has a huge amount of talent,” said Kate A. O’Donnell, ’09, a friend of Shields from middle school who stage-managed the music video. “He will do something really amazing...

Author: By Niha S Jain, CONTRIBUTING WRITER | Title: Students Dance in Petros’ Pop Video | 10/5/2008 | See Source »

...projects. Federal funding for scientific research has dropped significantly since the surge of interest in biomedical research at the beginning of the decade. In the last two years, the growth of money given to science programs at universities has essentially slowed to a stop. The amount of money spent by colleges and universities on research and development actually declined in inflation-adjusted dollars from...

Author: By Adam R. Gold | Title: Take U.S. Back to the Future | 10/5/2008 | See Source »

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