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Dates: during 2000-2009
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...1990s the state adopted a "homestead" measure which, when homeowners become eligible for it, caps their assessed property-value increases at 3% a year (part-time residents don't qualify). But when houses are sold, a far higher base assessment usually applies, creating absurd situations in which neighbors with similar properties pay wildly disparate taxes. And during the boom, in expensive markets like South Florida, homeowners who had yet to qualify for the cap often saw their property levies double in just a few years - a big reason half of all South Floridians in a 2007 Zogby International poll said...

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

...site, which takes its name from the two most popular female names in 2001, the year it launched, enjoyed another big boost this week, following Father's Day, when CEO Noel Biderman says men often feel underappreciated. Traffic to the site tripled on Monday. (Biderman says there's a similar boost in interest from neglected wives and girlfriends after Valentine...

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

...years; and former Enron chief executive Jeffrey Skilling got 24 years. In April 2008, a federal judge in Colorado sentenced 72-year-old Norman Schmidt to 330 years for using money from his investment scheme to purchase properties near Aspen and eight NASCAR race cars, among other items. Similar to Madoff's scheme, Schmidt's firm would send investors fraudulent monthly statements claiming big returns on their investments and urged them to contribute more cash...

Author: /time Magazine | Title: The Penalty for 'Extraordinary Evil': Madoff Gets 150 Years | 6/29/2009 | See Source »

...Metro is hardly the only one in the U.S. with an aging fleet. Public-transit advocates in many major cities face a similar problem: an aging, underfunded transit system struggling to safely ferry ever larger numbers of riders. "This does draw attention to the fact that we need to invest a lot more in our transit system," says Deron Lovass, the federal transportation director for the Natural Resources Defense Council (NRDC). "Our highway system is world class, but we've neglected public transit along the same way." (See pictures of Washington...

Author: /time Magazine | Title: The Metro Crash: A Nation's Aging Transit System | 6/26/2009 | See Source »

...aloof nodding has led me into similar situations thus far. I spent the weekend at a rustic pottery village, when I thought my family was merely taking me out to lunch. I thought I was going out for a customary, jovial carrete with my host brother, but realized I had misunderstood the night’s plans when someone started shaving his leg. He returned home with a (real) homemade calf tattoo, inked on a friend’s twin...

Author: By D. PATRICK Knoth | Title: No Entiendo | 6/26/2009 | See Source »

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