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Still, the winters really are great! And this doom-and-glooming might sound familiar. In 1981, TIME declared crime- and drug-plagued South Florida a "Paradise Lost." The region then embarked on an epic boom. Southeast Florida - including Miami, Fort Lauderdale, West Palm Beach - ballooned into the nation's seventh largest metro, while southwest Florida - Naples, Cape Coral, Fort Myers - became the fastest-growing metro. Last year 82.4 million visitors found their way to this lost paradise. And last month Governor Charlie Crist unveiled a $1.75 billion deal to buy the U.S. Sugar Corp. and its 187,000 acres...

Author: /time Magazine | Title: Is Florida the Sunset State? | 7/10/2008 | See Source »

...defends fraud cases. "It's where the action is," he explains with a grin. An epidemic of inflated appraisals, exaggerated incomes, straw buyers - and the lax regulation to enable it all - has made Florida tops in mortgage fraud, according to the Mortgage Asset Research Institute; in a recent Palm Beach County case, a grocery cashier's salary was listed as $344,000 a year. And Paul Singerman, bankruptcy counsel for Puig's companies, is even busier. His firm represents the Florida home builders Tousa Inc. and Levitt and Sons, which happen to be the nation's two largest bankrupt home...

Author: /time Magazine | Title: Is Florida the Sunset State? | 7/10/2008 | See Source »

...hosts 69 threatened or endangered species, and its rookeries and fisheries have crashed. Massive algal blooms are turning Florida Bay into pea soup. The region's reefs have lost up to 95% of their elkhorn coral; persistent red tides have made it tough for sunbathers to breathe at the beach...

Author: /time Magazine | Title: Is Florida the Sunset State? | 7/10/2008 | See Source »

...Intergovernmental Panel on Climate Change had predicted a sea-level rise of up to 2 ft. by 2100, but Wanless meticulously explained why 3 ft. to 4 ft. is much more likely - assuming the world can slash carbon emissions enough to slow global warming. I live in Miami Beach, so I didn't care for his PowerPoint slide showing much of Miami Beach under water. "That's if we get our act together," he said. Then he showed a slide of all Miami Beach submerged. "That...

Author: /time Magazine | Title: Is Florida the Sunset State? | 7/10/2008 | See Source »

...rotting wooden boats on the garbage-strewn beach at Al-Faw represent the last frontier at the far corner of southeastern Iraq. Barely 55 yards (50 m) across a narrow stretch of water known as the Shatt al-Arab - close enough to swim over - lies Iran, an elusive but increasingly intimate ally to Prime Minister Nouri al-Maliki's government, and the principal country the U.S. accuses of fueling violence and illegal militias in Iraq...

Author: /time Magazine | Title: Where Iraq and Iran Meet, Uneasily | 7/10/2008 | See Source »

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