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...homeowners is 30 days or more behind in his or her mortgage payments, residents are bracing for what Mayor Carlos Alvarez says could be an imminent property-tax hike to fill an almost $400 million budget hole - a move that veteran Miami realtors like Alex Shay insist would set recovery back. "It's out of line," says Shay, who recently took Alvarez to task on his Miami Real Estate blog. "A lot of people here are barely holding on to their properties, using credit-card advances to pay escrow, and the county wants them to take another hit?" (See TIME...

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

...When he lost that battle with the courts and legislature last week, Sanford, who can be as eccentric as he is thin-skinned, simply disappeared (although staffers insist they could reach him by cell phone in case of emergency). "I've spent the last five days of my life crying in Argentina," he said at the capitol in Columbia. "I'm committed to getting my heart right. I've been unfaithful to my wife. I've let down a lot of people. I apologize...

Author: /time Magazine | Title: Sanford's Sex Scandal: Assessing the Damage | 6/25/2009 | See Source »

...impossible that a weakened Iranian regime might be willing to engage on these issues - especially if, as the Iranians insist, they are not attempting to weaponize the uranium they are enriching. Such negotiations would be a diplomatic risk worth taking. They would be a significant political risk, however - with McCain and others screaming appeasement. Whether or not to negotiate, now that the Iranian government has disgraced itself in the eyes of the world, is sure to be a defining moment for the Obama Administration...

Author: /time Magazine | Title: Can the U.S. Deal with a Divided Iran? | 6/25/2009 | See Source »

...wanted to have as meaningful of a process as possible before final notifications, but where there's more to talk about, were going to insist the conversation continues," Jaeger said...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Harvard Announces Impending Layoffs | 6/23/2009 | See Source »

...lead to reform. Obama wants to make evidence-based medicine financially attractive so that providers are rewarded rather than punished for reducing readmissions and unnecessary procedures. "We can't just do research and let it sit on a shelf," Orszag says. It is fair for industry groups to insist on an independent agency to oversee the effectiveness research, so that decisions about what to study are separate from decisions about what to reimburse. And some of Obama's quality incentives are fairly straightforward, like extra dollars for primary care, prevention and computerization; to discourage wasteful defensive medicine, he seems willing...

Author: /time Magazine | Title: How to Cut Health-Care Costs: Less Care, More Data | 6/23/2009 | See Source »

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