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...Truth is, a dysfunctional property-tax system has been haunting Florida, if not many other states, far longer than the recession has. Over the past generation, Florida's explosive but fecklessly managed growth drove up real estate values, and therefore property taxes, beyond the reach of more and more families. In the 1990s the state adopted a "homestead" measure which, when homeowners become eligible for it, caps their assessed property-value increases at 3% a year (part-time residents don't qualify). But when houses are sold, a far higher base assessment usually applies, creating absurd situations in which neighbors...

Author: /time Magazine | Title: Florida's Property Taxes Go Wacky in Housing Slump | 6/29/2009 | See Source »

...protesters to fans upset about losing a soccer match and called them a minority of "twigs and mote." A number of people I talked to at the pro-Mousavi march on Revolution Avenue cited the President's comments as reason to keep up the fight. "What he said drove me crazy," said a 26-year-old mechanic from Hashemiye, in south Tehran...

Author: /time Magazine | Title: Power Of the People | 6/29/2009 | See Source »

...course, like everyone else, black men wondered about MJ's physical and mental health, and what drove him to dangle one of his kids from a German hotel room's balcony. But rarely did we air those concerns publicly. For some, it was more comfortable to remember the "old Mike," or "black Mike" - the one with the Afro, wide nose and plump cheeks, before he morphed into something resembling a gaunt white woman. Some sociologists may argue that our collective reluctance to demonize or abandon MJ at the height of his troubles was rooted in our inability to confront issues...

Author: /time Magazine | Title: Michael Jackson and the Black Experience | 6/27/2009 | See Source »

That physician - presumably Jackson's personal doctor, cardiologist Dr. Conrad Murray, who was called on Wednesday night when his patient complained of not feeling well - has disappeared. He left the car that he drove to Jackson's home, a silver BMW registered to an associate, in the driveway. Dr. Tohme Tohme, a Jackson associate who has served as a spokesman for him in the past, told the Los Angeles Times that Murray, who has filed for bankruptcy in the past and has financial problems, was hired by Jackson's concert promoter, AEG Live, to live with Jackson and care...

Author: /time Magazine | Title: Did Drugs Kill Michael Jackson? | 6/27/2009 | See Source »

...building in central Moscow on Oct. 7, 2006. During the four-month trial which ended in acquittals in February, Ibragim Makhmudov was accused of acting as a lookout and calling his brothers to tell them that the journalist was on her way home, while his brother Dzhabrail Makhmudov allegedly drove the shooter, believed to be the third brother, Rustam Makhmudov, who remains at large. The third defendant, former police officer Sergei Khadzhikurbanov, allegedly recruited the Makhmudov brothers and supplied the pistol, and Sergei Ryaguzov, a former Federal Security Service officer, was accused of extortion in a case unrelated...

Author: /time Magazine | Title: A Russian Reporter's Murder: Will a Retrial Bring Justice? | 6/26/2009 | See Source »

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