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...well-off Vermont towns like Dorset, where the property-tax rate will go up nearly 35[cents] per $100 of property value, Act 60 has been met with fury and defiance. The elementary school principal quit when she was forced to let teachers go and scale back art and music classes. Last year the Inn at Willow Pond, a major corporate conference center, gave $25,000 to charity. This year, when the charities called, "we told 'em to call Montpelier--all that money went to Act 60 taxes," says owner Ron Bauer. Even angrier are affluent parents who moved...

Author: /time Magazine | Title: Revolt Of The Gentry | 6/15/1998 | See Source »

These days, more people are trading options in their spare time, and for them I have this advice: If you want to compete against me and other pros in short-term trading, quit your day job and really get in the game. Otherwise, focus on researching long-term investments. Track strong businesses that you've researched, and wait for their stocks to be oversold by traders overreacting to some short-term setback. I saw two good examples just last week: Eli Lilly and Xerox. (Full disclosure: I'm long on both stocks.) Here you can beat me and the market...

Author: /time Magazine | Title: Trade Or Invest? | 6/15/1998 | See Source »

...their favorite inspirational tales and poems. They grouped them according to topic and chose a catchy title. Then they hired a professional book agent to help them get their dream between hard covers. One major publisher after another turned them down cold, and after the 33rd rejection, their agent quit. Face it, they were told: "Parables don't sell." And that title! "Too nicey-nice." But the plucky authors soldiered on. Finally, in 1993, a small publishing house in Florida agreed to put out the book. "We think you can sell 20,000 copies," the publishers said...

Author: /time Magazine | Title: A River Of Chicken Soup | 6/8/1998 | See Source »

...Lennon was ready to quit the group. McCartney is said to have talked him out of going public with this desire; but then in April 1970 McCartney himself announced that the group was disbanding. In December he filed suit to have the partnership dissolved and a receiver appointed to handle its affairs. When the other three Beatles dropped their appeal of this action in 1971, the most fabulously successful band of all time (with more than 100 million records sold to date) came...

Author: /time Magazine | Title: The Rock Musicians THE BEATLES | 6/8/1998 | See Source »

...During the last three weeks, our play really improved," Benson said. "I think that we played as well that last weekend as we played all year. No one quit, no one gave up the whole season. Our only disappointment was losing to Brown--I really think that we outplayed them...

Author: By Rebecca A. Blaeser, CRIMSON STAFF WRITER | Title: M. Water Polo Sinks Even Deeper | 6/4/1998 | See Source »

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