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Forget the economic "miracle" touted by ex-Governor Michael Dukakis: Massachusetts is suffering its worst slump since the Great Depression. Banks have failed, real estate values have wilted, and unemployment remains above 9%. Last week one of the state's most beleaguered cities, Chelsea (pop. 28,222), just north of Boston, had to be saved from financial collapse...

Author: /time Magazine | Title: Cities: Those Chelsea Blues | 9/23/1991 | See Source »

Over the years, Chelsea absorbed a heavy stream of poor immigrants who receive substantial amounts of welfare. Despite a $9 million deficit (in a $40 million budget), voters refuse to increase taxes, and city officials are unwilling to slash services. Result: schools still have not reopened this fall, and municipal employees are payless. The Massachusetts legislature last Wednesday empowered a private receiver to seize control of Chelsea and impose such drastic changes as revising police, fire and teacher contracts and suspending zoning rules. But lawmakers fear that Chelsea will demand new state funds, which may inspire other struggling towns...

Author: /time Magazine | Title: Cities: Those Chelsea Blues | 9/23/1991 | See Source »

Meanwhile, despite optimistic talk about upsurges and turnarounds and lights at the ends of various tunnels, the Bay State economic news remained bleak. Vicious layoffs continued at large corporations, small businesses, newspapers, agencies and schools. Days after laying off nearly half its teachers, the Town of Chelsea went into receivership...

Author: By Michael R. Grunwald, | Title: ...Meanwhile In Boston, The Biggest News Was Still the Sox | 9/13/1991 | See Source »

Meanwhile, despite optimistic talk about upsurges and turnarounds and lights at the ends of various tunnels, the Bay State economic news remained bleak. Vicious layoffs continued at large corporations, small businesses, newspapers, agencies and schools. Days after laying off nearly half its teachers, the Town of Chelsea went into receivership...

Author: By Michael R. Grunwald, | Title: ...Meanwhile In Boston, The Biggest News Was Still the Sox | 9/11/1991 | See Source »

...coup attempt sparked a flash of excitement at party headquarters, which is located across the street from the Chelsea Hotel in downtown Manhattan. About 8:30 a.m. every workday, Hall's chauffeur-driven Oldsmobile (he buys American and uses a cellular phone) pulls up to the curb in front of the eight-story brownstone, where staff members, still harboring paranoia left over from the days when the FBI tapped their lines and read their mail, answer the phone "4994" and dispatch envelopes without the party's name. Once in the building, Hall, a four-time presidential candidate, climbs into...

Author: /time Magazine | Title: Last of The Red-Hot Believers: GUS HALL | 9/9/1991 | See Source »

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