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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...
Ohio Escape. The Deer Creek Resort in Deer Creek State Park, less than 30 minutes from Columbus, has hiking and biking trails, fishing on Deer Creek Lake and a 350-acre golf course. With the Any Day Golf Package, get a nightly rate of $147, or book two nights and get a third night free (starting at $89) with the Spring Fling package. Both packages are available through May 22. 22300 State Park Road, Mt. Sterling, Ohio; 877-678-DEER...
...minutes - faster than the train, which requires a change in New Haven. The bus picks up passengers at the Hilton at 1335 Avenue of the Americas in New York City and drops off at the corner of Church and Trumbull streets in Hartford. A one-way introductory rate of $39 is available until July...
While the pirates are attacking ships farther and farther away, suggesting greater sophistication on their part, merchant marine crews too are looking more closely at the tools they have at their disposal - or, at any rate, are conducting more rigorous training to respond to pirate attacks. The crew of Phillips' ship, the Maersk Alabama, for example, indicated that they had trained for precisely this scenario and attributed their success to training that Capt. Phillips had given them before their latest trip. They said they were kept on the ship well after it arrived at port in Mombasa after escaping...
...conquerors took control they drained much of the water, laying the basis for the vast expansion of the metropolis across the entire Valley of Mexico. However, as the growing population continues to suck water out in wells, Mexico City is sinking down into the old lake bed at a rate of about three inches a year. This downward plunge puts extra pressure on water distribution pipes, which are now so leaky they lose about 40% of liquid before it even reaches homes...