Gov. Paterson publicly addressed the state of New York's budget and described it as "too big and too bloated." Belt tightening is the prescribed solution according to the Governor, with state spending to be cut by 5-10% in the latest fiscal year. That is a pretty dramatic reduction, but Paterson was quick to reassure that it was equally important that the state not raise taxes either, noting that many residents were decamping to lower-tax states......

Slowpokes and procrastinators beware: Late fees from overdue library books in New York could be costing you points off your credit score. The New York Times has an article today that describes how the The New York Public Library and the Queens Public Library have been using a private company named Unique Management Services, which is a collections agency that library late fines are referred to when not paid by book borrowers. One rabbi in......