Time – Milford, Massachusetts at the holidays looks a lot like Bedford Falls, the fictional setting of the classic film “It’s a Wonderful Life.” Settled in 1662, the town of 27,000 still has working farms, its own daily newspaper, a baseball diamond behind the American Legion Hall and an annual picnic. On Memorial and Veteran’s days, parades run down a Main Street lined with white wooden churches and historic buildings made of red brick and locally quarried pink granite. But its visions of Pottersville, the film’s alternate-universe world of greed, strip clubs, pawnshops, and hopelessness that have been on residents’...