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Truth is, a dysfunctional property-tax system has been haunting Florida, if not many other states, far longer than the recession has. Over the past generation, Florida's explosive but fecklessly managed growth drove up real estate values, and therefore property taxes, beyond the reach of more and more families...

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

Federal prosecutors balked at Sorkin's suggestion and demanded a 150-year sentence. "He engaged in wholesale fraud for more than a generation," said Marc Litt, an assistant U.S. Attorney, in a note to the judge. "The sheer scale of the Madoff fraud calls for severe punishment."

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

As we create this new domestic economy, the rising generation of mothers may see the value in trading control for collaboration and lighten up a little, both with Dad and one another. You already feel the rising backlash against hyper-parenting; I suspect the less possessive we are, the less...

Author: /time Magazine | Title: Parenting Advice: What Moms Should Learn From Dads | 6/29/2009 | See Source »

So what's his strategy? Marchionne is likely to hew closely to the playbook he used to revive Fiat. On June 10, the day Fiat sealed the deal, he announced a thorough organizational revamp. From now on, each of the four individual brands--Chrysler, Jeep, Dodge and Mopar (which makes...

Author: /time Magazine | Title: Is Chrysler Too Big a Mess for Fiat's Turnaround Artista? | 6/29/2009 | See Source »

Harold's poems were chiseled. William Carlos Williams, who was pretty much a god of American poetry, called him the "best poet of [his] generation." In Harold's most famous poem, "I Am in the Hub of the Fiery Force," he flashes back and forth between three or four rhythms...

Author: /time Magazine | Title: Harold Norse | 6/29/2009 | See Source »

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