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...even the integrity—of the “classic” exam period editorial, “Beating the System,” you reprinted recently. I almost suspect this so-called “Donald Carswell ’50” of being rather one of Us—the Bad Guys—than one of you. If your readers have been following Mr. Carswell’s advice for the last 11 years, then your readers have been going down the tubes. It is time to disillusion...

Author: By A Grader | Title: A Grader’s Reply | 1/11/2009 | See Source »

...property they had lived on for the past 20 years. "It's not fair for [my neighbors] to have their property reassessed because of the renovations we've done," says Lindsey, a Republican legislator since 2005. "Property taxes should be focused on what you invested in the property rather than the unrealized gain, which is subject to wild variations...

Author: /time Magazine | Title: Why Does Your Devalued Home Have Such a High Tax Rate? | 1/10/2009 | See Source »

...agreement by the city to develop the rather unprepossessing, 5,700 sq. ft. home - Lee called it the Crane's Nest - rescues the two-story property from ignoble obscurity. It has been operating as a "love motel" catering to amorous couples looking to rent a room for an hour for a romantic tryst. Last year, the home's owner, Chinese real estate tycoon and philanthropist Yu Panglin, announced plans to sell it for up to $13 million so he could donate the proceeds to victims of the Sichuan earthquake. But that caused an uproar among Bruce Lee fans, who feared...

Author: /time Magazine | Title: Bruce Lee's Last Home to Become a Hong Kong Tourist Attraction | 1/9/2009 | See Source »

...Topolanek - the Czech Republic currently holds the E.U. presidency - and German Chancellor Angela Merkel were phoning Russian Prime Minister Vladimir Putin, warning him that Gazprom and Russia faced the loss of reputation and revenues as Western customers looked elsewhere. The E.U. efforts were almost all aimed at the Russians rather than the Ukrainians. They also spoke with Ukrainian officials. It helps that the E.U. is Ukraine's largest aid donor. Ukraine is facing a financial meltdown, and recently asked for a $16.4 billion International Monetary Fund bailout. Gazprom, owing around $60 billion and seriously short of cash, currently has storage...

Author: /time Magazine | Title: Russia-Europe Gas Spat Ends — For Now | 1/9/2009 | See Source »

...reinforce their efforts to achieve their 20% energy savings target and explore alternative sources of power, namely renewables and nuclear. If the gas standoff reminds the Europeans of the importance of such measures, Russia and Ukraine will have done the E.U. a favor." Even if that favor was rather chilly...

Author: /time Magazine | Title: Russia-Europe Gas Spat Ends — For Now | 1/9/2009 | See Source »

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