Word: broke
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...news for the individual, and increasingly for the state. It's also a painful reminder of the halcyon days when Florida's economy could lazily rely on soaring real estate prices - and related taxes - to pour ever more money into government coffers. Now local governments say they're broke, thanks to the housing bust, and many are trying to maintain the lofty property-tax rates levied during the housing boom or even increase them - even though that could exacerbate the housing bust...
...interspersed with a series of videos downloaded from YouTube. The audience sang a verse each of "America, the Beautiful," "My Country 'tis of Thee," and "God Bless America," then watched a video bit from the late comedian Red Skelton in which he invokes one of his former teachers who broke down the Pledge of Allegiance word by word. Pagano then asked the crowd to stand and led them in reciting the Pledge...
...Democrats in the House spent much of the day sparring in sharp language over the bill, which will reduce U.S. carbon emissions 17% below 2005 levels by 2020 and 83% below by 2050. In the end, the vote of 219 to 212 included more than 40 Democrats who broke ranks with their party's leadership to vote against the bill. Republicans savaged the bill as an economy-killing energy tax - one member even called for a moment of silence for the Americans who would lose their jobs because of the bill - and some left-wing environmental groups, including Greenpeace, withdrew...
...painful, time-consuming and wallet-straining) even when they're necessary. It's also bad for the economy: health costs are bankrupting small businesses and even conglomerates like General Motors as well as millions of families. And it's awful for the country: Medicare is on track to go broke by 2017, and our long-term budget problems are primarily health-cost problems. At current growth rates, health spending by the Federal Government alone would increase from 5% to 20% of the economy by 2050; Social Security, by contrast, would increase only from...
...with pornographic content and material that is harmful to children on the Web in China" and that the company would renew this effort. While it's not clear what prompted this attack, some observers see a connection with the lambasting that authorities received both domestically and overseas when news broke recently that starting July 1, all computers sold in China would be required to have pornography-filtering software pre-installed. The news caused outrage among Chinese computer users, many of whom complained that the software, called Green Dam Youth Escort, was ineffective and would expose users to viruses and hacker...