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...family houses, condos and townhouses for sale. Some 55,000 new foreclosures were filed in the first nine months of this year, and an additional 19,000 properties were taken back by lenders. In many areas in and around the tri-county area of Miami-Dade, Broward and Palm Beach, the value of property has plummeted so much that in some instances, banks are willing to take less than one-third of a property's value just to staunch the flow of money being spent on taxes and condo fees for unoccupied units. For example, Zalewski the grave dancer...

Author: /time Magazine | Title: The Housing Bust: Signs of a Bottoming Out? | 10/29/2008 | See Source »

Elizabeth Martinez, a hotel worker from California, shared her experiences as an employee and a labor organizer with Harvard students in a discussion yesterday organized by the Harvard Student Labor Action Movement. Martinez has been working as a waitress at the Hilton Hotel in Long Beach, Calif. for 11 years. She said that working conditions have degenerated since the management of the hotel was turned over four years ago to HEI Hotels and Resorts, a company supported by funds from various university endowments. “The way they manage those hotels is just horrible,” Martinez said...

Author: By Melody Y. Hu, CONTRIBUTING WRITER | Title: Hotel Waitress Protests Conditions | 10/29/2008 | See Source »

...pound Rocket Belt in 1961 as a "pilot kicking gravity's ass like it had never been kicked before." Defying God's wishes, it turns out, isn't an easy task. The world's best jetpack pilot, Bill Suitor, likened flying the contraption to "standing on a beach ball bobbing in the middle of a swimming pool." But Suitor mastered the technique, and during the opening ceremonies of the 1984 Olympics in Los Angeles, he cemented his place atop jetpack history: "He swooped out over the field, half-bird, half-man. So many cameras clicked at once that it felt...

Author: /time Magazine | Title: The Strange History of Jetpacks | 10/26/2008 | See Source »

...artificiality right from the get-go. After complaining about life at home, he proceeds to describe San Francisco in the way that same seven-year-old might describe the circus—the ultimate playground to run away to, an indie paradise. “Up in North Beach they drink spicy Italian liqueur / Down on Market there’s a lot of hobos and hustlers / Down in Hayes Valley there’s a lot of good restaurants / Deep in the Tenderloin you can have anything you want.” If those don’t read...

Author: By Jillian J. Goodman, CRIMSON STAFF WRITER | Title: Brett Dennen | 10/24/2008 | See Source »

...assuage the guilty conscience of travelers spending thousands of dollars to jet off to exotic locales. It was never clear to me, for instance, whether ecotravel was really any different from normal travel, except maybe for the involvement of more elephants and fewer cocktails on the beach. (And not even that, necessarily...

Author: /time Magazine | Title: 5 Ways to Find an Authentic Ecotour | 10/24/2008 | See Source »

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