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...where is the dough going to come from? In 2007, 56% of pretax income went to households making between $70,000 and $250,000 a year, estimates the Census Bureau. That's the upper middle class, broadly defined. If we need more money to keep the country running, here's betting that is where it's going to be found...
...organized crime, and on Tuesday, Ivan Simonovic, Croatia's newly appointed Justice Minister, announced a series of measures aimed at curbing organized crime. These include new legislation to allow criminals' property to be confiscated, as well as the establishment of a new police agency, modeled on America's Federal Bureau of Investigation. But the new measures still need to be approved by the parliament, and it will be months before they take effect...
Rhode Island's unemployment rate is at 8.8%, the highest in the country and well above the national average of 6.1%, according to the most recent data available from the Bureau of Labor and Statistics. But Rhode Island's situation is hardly unique as the effects of the nation's economic downturn gather pace amid the ongoing financial turmoil. Twenty-one states have unemployment rates above the national average, with Michigan and Minnesota showing rates near Rhode Island's to make up the top three. Unemployment figures are certain to rise when the bureau releases its next set of figures...
...Democratic leadership restored Lampson seniority based on his four terms representing his old adjacent district, which had been dismantled by DeLay. That led to Lampson serving on three committees vital to the district-agriculture, science and technology, and transportation- which helped him win the endorsement of the influential Farm Bureau, whose 400,000 farmers and ranchers put high value on having a seat at the table in Washington. Lampson, who voted against the controversial $700 billion "bailout" package, has again won an endorsement from the NRA, evidence of his support for some of the socially conservative issues that resonate...
...Recessions tend to raise divorce rates," says Nobel laureate and University of Chicago Graduate School of Business economist Gary Becker. "But you won't see a pandemic." Census Bureau figures show that over the past 2 1/2 decades, recessions have had only minor effects on divorce rates, which have been slowly waning since the early '80s after 20 years of steadily rising. Those trajectories have been influenced more by the rise of the women's movement and women's earning power, lower fertility and changes in divorce laws than by dour Dows. The only recorded spike in divorces...