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...also a painful reminder of the halcyon days when Florida's economy could lazily rely on soaring real estate prices - and related taxes - to pour ever more money into government coffers. Now local governments say they're broke, thanks to the housing bust, and many are trying to maintain the lofty property-tax rates levied during the housing boom or even increase them - even though that could exacerbate the housing bust...

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

Wilkinson said that the Center would maintain all 20 of its departmental TFs, who are paid to advise their fellow TFs, thereby increasing the impact of the Center's efforts. He also said that the Bok Center may allocate more of its limited resources to enhancing new General Education courses...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: Bok Center Faces Deep Budget Cuts | 6/25/2009 | See Source »

...reached a point where I felt it was important to look my sons in the eyes and maintain my dignity, self-respect, and my basic sense of right and wrong. I therefore asked my husband to leave two weeks ago. This trial separation was agreed to with the goal of ultimately strengthening our marriage." -Jenny Sanford, in a statement released after her husband publicly admitted to his affair (AP, June...

Author: /time Magazine | Title: Straying Governor Mark Sanford | 6/25/2009 | See Source »

...What is becoming clear is that the fossil-fuel-fed industrial era is ending and that the leading power of that age, the U.S., might not be able to maintain its economic dominance. New Energy Finance, a provider of information and analysis on low-carbon technologies, estimates that investment in clean energy in Europe last year reached nearly $50 billion. The figure for North America is a much lower $30 billion. (Read more about the green-energy ideas out there...

Author: /time Magazine | Title: Asia Challenges the U.S. for Green-Tech Supremacy | 6/25/2009 | See Source »

...Gist: This year's report from the U.N.'s Office on Drugs and Crime did something that last year's did not: it addressed the "growing chorus" of people in favor of abolishing drug laws altogether. And though its authors maintain that legalizing narcotics would be an "epic mistake," the office's executive director, Antonio Maria Costa, does agree that loosening regulations might not be such a bad idea: "You can't have effective control under prohibition, as we should have learned from our failed experiment with alcohol in the U.S. between...

Author: /time Magazine | Title: U.N. World Drug Report | 6/25/2009 | See Source »

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