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"Knowledge is the treasure of a wise man" -- William Penn, founder of the colony of Pennsylvania, and the ultimate cause of many incorrect answers on grammar-school spelling exams.

* More worries from local government leaders about their finances if Gov. Rick Snyder and allies in the Legislature engineer a repeal of the personal property tax -- and don't replace the revenue:
http://www.mlive.com/news/grand-rapids/index.ssf/2011/10/gov_rick_snyders_next_tax_targ.html

* Peter Funt takes to the Wall Street Journal to decry the lack of news in America. It led CFM President Phil Power to note, "It reminds me of the old story about the French diplomat who served as ambassador in China and then Washington. 'In China,' he said, 'there is one (state owned newspaper) and only a few (state controlled) TV channels. As a result there is no news. In Washington', he continued, 'there are a dozen newspapers, countless TV and cable channels and radio stations. As a result, there is no news.'":
http://online.wsj.com/article/SB10001424052970203499704576623022643257778.html

* Blogger Matt Yglesias points to the finger at former Michigan Sen. Don Riegle for changes in federal banking law back in the 1990s that might have plenty of people upset today:
http://thinkprogress.org/yglesias/2011/10/17/345217/glass-steagall-is-mostly-a-red-herring/

* Wayne County labeled the "most corrupt" in Michigan:
http://www.detnews.com/article/20111011/MIVIEW/110110443/1467/opinion01/Hadden--The-Most-Corrupt-County-in-Michigan

* "The Tom Friedman op-ed is an excellent discussion of Rahm Emanuel’s program for Chicago: cut and invest, especially in schools. He’s lengthening the school day by 90 minutes and the school year about a week," explains CFM President Power:
http://www.nytimes.com/2011/10/16/opinion/sunday/friedman-a-progressive-in-the-age-of-austerity.html?_r=1&ref=chicagonewscooperative

* A dam is removed and the Paw Paw River in Southwest Michigan is believed to be flowing back in its natural channel:
http://www.heraldpalladium.com/articles/2011/10/16/local_news/6888911.txt

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