Public school funding crisis labeled criminal to Shapp
In our opinion the Philadelphia School District stands apart as Governor Shapp ignores 505 financially hurting districts across Pennsylvania. The austerity budget allocates most aid to Philadelphia while leaving the rest underfunded, risking constitutional challenges to tax schemes and a declining share of state support for public schools.
MENTIONED IN THIS ARTICLE
Philadelphia
Milton Shapp
Commonwealth
Shapp
Nstead
Penndot
Pennsylvania
United States
California
Harrisburg
New Mortgage Varieties Offer Six Alternatives to Buyers
The article outlines six major mortgage types shaping home purchases at average costs over 380000. Conventional fixed-rate plans remain common, while graduated payment, Canadian roll-over, and deferred-interest options address shifting income and lender risk. Other forms include variations in payment schedules and renegotiation terms to fit borrowers' futures.
MENTIONED IN THIS ARTICLE
U.S
California
New mortgage types and California VRMs
The article outlines mortgage options including new mortgages with accumulated interest and deferment, reverse annuity mortgages for retirees, and variable rate mortgages or VRMs. It notes California activity drawing attention as lenders test floating rates while federally chartered S&Ls remain barred.
MENTIONED IN THIS ARTICLE
Wisconsin
New Jersey
Californ
Mob smuggling upends cigarette market across states
Washington dispatch notes mobsters led by Genovese and Gambino linked to interstate cigarette bootlegging. Infected by tax differentials, smuggling flourishes from North Carolina to New York, with hundreds of millions in losses and dozens of murders to protect turf. Authorities stress growing Midwest and Southwest reach and the rise of stolen stamp machines. The piece also covers Continental Illinois plans to buy farms via a $50 million tax exempt trust, provoking farmer displacement concerns and calls for hearings.
MENTIONED IN THIS ARTICLE
New York
Illinois
National Bank
Midwest
Shapp budget taxes and gas plan spark debate
The plan would raise sales and gas taxes affecting families with $10 000 to $20 000 income and drivers at 15 mpg. It adds 579 million for public schools but keeps current funding formulas. Welfare grows by 29 million, with monthly checks from 14 to 173. Lake Erie drilling reversal draws applause and environmental concerns. The piece notes possible constitutional change to merge funds and questions use of gas revenue for road repair.
MENTIONED IN THIS ARTICLE
Shapp
Transportation Fund
Transportation Dept
Writing Craft and Endurance Under a Veteran Eye
A veteran writer reflects on the hard work of journalism and fiction. He cites Alex Haley and Ernest Hemingway as examples, notes the need for practice, typing, and terse sentences, and stresses reading voraciously and writing complete credible pieces.
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