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...course, homeowners can appeal to their county's value-adjustment boards to negotiate lower assessments. And real estate experts like Paul say onerous tax bills aren't proving too large a hindrance to foreclosed-home purchases. The bigger concern is that during the boom, many local governments spent their revenue windfalls like sailors, which makes taxpayers less sympathetic to their budget whining. Mayor Alvarez insisted this month that "it's almost impossible that we can achieve an acceptable budget" without a property-tax increase. But because Miami-Dade residents saw so much official profligacy during the housing bubble - county commissioners...

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

Dorothy, a 45-year-old Floridian whose screen name begins with SexyMom, says she's been married for 20 years but started using the site four months ago because her husband constantly turned down sex and refused marriage counseling. "It's like the seven-year itch, but 20 years later," she says. "My husband never throws me a compliment. Now I meet guys who say, 'You're so hot,' or 'You have great eyes...

Author: /time Magazine | Title: Cheating 2.0: New Mobile Apps Make Adultery Easier | 6/29/2009 | See Source »

...Union. That study of some 60,000 residents in three Russian cities found excess mortality (i.e., a larger than expected number of people dying from a certain disease) not only with obvious alcohol-related illnesses such as liver cancer but also tuberculosis and pneumonia, which the study's authors say may be partly a result of weak immunity caused by excessive alcohol consumption. (Read "Nation o' Drinkers: Scotland Takes On Alcohol Abuse...

Author: /time Magazine | Title: Stemming the Rise in Global Alcohol-Related Deaths | 6/29/2009 | See Source »

...many, I was told. However, she continued, the government reasoned that it was far more cost-effective to X-ray every newborn in the country - and fix the deformity before the child learned to walk - than shoulder the cost of corrective surgery when it was older. Needless to say, there are psychological benefits to this approach as well. Adrienne W. Covington, POISSY, FRANCE

Author: /time Magazine | Title: Judge and Jury | 6/29/2009 | See Source »

...doubt StanChart can repeat 2008's performance this year. Brokerage CLSA predicts pretax profit growth will slow to 4% in 2009. Reflecting the heightened risk, Standard & Poor's in late April revised its outlook for the bank to negative. "The biggest single worry is the economies in the region," says Nick Hill, bank credit analyst at Standard & Poor's in London. "We think they've taken measures to pull in their horns, but it is a bit of a stretch to say they're immune from the environment." StanChart executives insist that their carefully managed loan portfolio can withstand...

Author: /time Magazine | Title: Position Player | 6/29/2009 | See Source »

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