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...Cambridge City Council discussed the state-wide budget cuts exceeding one billion dollars at the weekly town hall meeting yesterday. The decrease in state funding will affect many local programs in public health, safety, and education, according to a report prepared by the City Manager, Robert W. Healy. “Even though this is bad news, we have only just begun,” said Brian P. Murphy ’86-’87, the vice mayor of the City of Cambridge. He said that the income generated by the capital gains tax is expected...

Author: By Michal Labik, CRIMSON STAFF WRITER | Title: Councillors Bemoan Budget Cuts | 11/4/2008 | See Source »

...term appeared in local newspapers, referring by now to anything that came as a gift from the government. Within a year, it had spread around the country...

Author: /time Magazine | Title: Uncle Sam | 11/4/2008 | See Source »

...Political Dramas Are Local...

Author: /time Magazine | Title: Election Day Dispatches: It's Morning for the Kenyan Obamas | 11/4/2008 | See Source »

...radio, long-time local right-wing talker Jim Quinn is playing an Eisenhower era tape of an American politician warning about Soviet influence: "'We'll keep feeding you small doses of socialism... we'll so weaken your economy that you'll fall like ripe fruit...'" Quinn says, "We almost had that during the Carter administration." Then he plays an Obama line. "This guy sounds more like Stalin than he sounds like George Washington," Quinn says. "Do you realize t his guy raised $600 million? Do you really think all of that came from American citizens?" Hearing the talk...

Author: /time Magazine | Title: Election Day Dispatches: It's Morning for the Kenyan Obamas | 11/4/2008 | See Source »

...Although public talk of a "crisis" is taboo unless applied to "the collapsing West," one sure sign of the state of things is the fare on offer at local antique stores - usually unimpressive when things are going well. Moscow's major annual antique fair had stunning pieces on offer last month, though there didn't seem to be many takers. That's hardly surprising, of course: while banks and companies are laying off managers and white-collar staff by the hundreds, heavy industries are laying off blue-collar workers by the thousands. The GAZ auto works in Nizhni Novgorod...

Author: /time Magazine | Title: Economic Darkness Descends on Putin's Russia | 11/3/2008 | See Source »

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