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...everyone is devastated by the budget's fine print. It includes tax breaks for large corporations, film companies that keep production in-state, buyers of new homes and small businesses that hire new employees. "The state was about to go over a cliff," says Allan Zaremberg, president and chief executive officer of the California Chamber of Commerce. "No tax in a recession is a good tax. But I think the legislature and the governor went out of way to spread taxes by as many Californians and businesses as possible so the impact would not hurt any one industry...

Author: /time Magazine | Title: With a New Budget, Now Californians Brace for the Pain | 2/21/2009 | See Source »

...free. Willeford reports an overall fourth-quarter slowdown among the Academy of Dental CPAs' clients. These dentists serve patients across a broad socioeconomic spectrum. "We're seeing a lot more open appointment books through March," says Willeford. "If people keep losing jobs, we're going to edge off a cliff." Dr. Roger Levin, CEO of the Levin Group, a dental-management consultancy, is also very cautious. "Traditionally, it takes six to 12 months for economic trends to affect dental practice," he says. "The full impact of the downturn may be yet to come...

Author: /time Magazine | Title: Dentists: Smiling in the Face of Recession | 2/19/2009 | See Source »

...cholera epidemic that has already killed 3,000 people and a currency rendered nearly useless by hyperinflation, Tsvangirai says the time for negotiation has passed. Explaining his decision to join Mugabe's government, the former mine worker compared the nation's humanitarian crisis to a bus hanging over a cliff: "If you allow it to tip over, we will all tip with it." (See pictures of political tension in Zimbabwe...

Author: /time Magazine | Title: Morgan Tsvangirai | 2/11/2009 | See Source »

...sentient publisher could pretend to be among the clan who "got it" by chanting the mantra that the ad-supported Web was "the future." But when Web advertising declined in the fourth quarter of 2008, free felt like the future of journalism only in the sense that a steep cliff is the future for a herd of lemmings. (See who got the world into this financial mess...

Author: /time Magazine | Title: How to Save Your Newspaper | 2/5/2009 | See Source »

...climax of possibly the most important book of this decade or any other decade. Suspense builds when President Bush makes an appearance at one point, assembling a jigsaw puzzle of the White House. It’s a metaphor.What Happened to Anna K.By Irina ReynThis book is a glorified cliff notes penned on Leo Tolstoy’s seminal “Anna Karenina.” Here’s what you need to know. Anna was a cheating whore and an opium addict. She abandoned her children, her husband and her class, and killed herself. Pretty bleak, right...

Author: By Crimson arts Staff, CRIMSON STAFF WRITER | Title: By Its Cover: Kleinknecht, Yessayan, Gans, Reyn | 2/5/2009 | See Source »

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