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...Unemployment, which hit of rate of 8.5% last month, is higher than it has been in 25 years, and sales taxes are plummeting. Worse, local governments on average get nearly three-quarters of their tax revenue from real estate assessments. Falling property values and rising foreclosures mean that source of revenue is drying up as well. Many local governments have built up reserves anticipating the downturn in the housing market, but Moody's says that might not be enough. "The sharpness of the housing downturn and speed of the general economic contraction will likely test the sufficiency of those reserve...
...Corner and the Holton Street Corridor. “We need to be proactive for ourselves, not just sitting and waiting while Harvard decides if [it is] slowing down its expansion and planning,” Mattison said. “That doesn’t mean the neighborhood doesn’t exist. There’s still plenty of issues, opportunities to make the neighborhood better.” BRA officials have recently committed to a revitalization of community-wide planning efforts that had been sidelined in recent months due to concern over the Science Complex slowdown. Affordable...
...Anna Faris from the “Scary Movie” series). Along the way, he must also find time to fall in love, kill a few cocaine dealers, and attempt to achieve his dream of becoming a police officer.Those expecting to see Rogen in another cute, bumbling, well-meaning role will find themselves disappointed, and this isn’t necessarily a bad thing. “Observe and Report” shows a more daring and wicked side to Rogen’s lopsided smile, something akin to but more extreme than his role as a rogue police...
...legal. (The other two are Connecticut and Massachusetts.) In response to these recent additions, the National Organization for Marriage rushed out this ominous new television ad ahead of schedule, featuring monologues from parents, teachers and doctors in gay marriage battleground states worried about what same-sex unions mean for their freedom. "This comes from the heart of people who want to protect marriage," says Maggie Gallagher, president...
Barack Obama won the White House in November with the help of a majority of Catholic voters, but it didn't mean that Catholics, who in recent years had mostly sided with the GOP because of social issues, had any illusions about Obama's stance on such sensitive matters...