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...Alternative So what can be done to fix our retirement-savings mess? Most of the proposed fixes to our retirement plans have to do with getting people to save more or invest better. The most popular solution is the so-called automatic 401(k). Under that plan, all workers would be enrolled in 401(k)s when they're eligible. Companies would establish default settings to boost returns and make the portfolios safer as workers near retirement. People who worked for companies that didn't offer 401(k)s would be automatically enrolled in savings accounts. In other words, make...

Author: /time Magazine | Title: Why It's Time to Retire the 401(k) | 10/9/2009 | See Source »

...possible, though, that the committee may have done Obama one favor: the prize may remind him that the person most responsible for his employment status today is George W. Bush. Obama ran a good campaign, sure, but he resonated with Democrats and then with other Americans because he looked and sounded and acted like change. And while the Nobel crowd's fury over Bush may be over the top, it's a reminder that he was a uniquely unpopular leader who left the U.S. in a uniquely lousy situation. Obama was never more popular than he was when...

Author: /time Magazine | Title: Obama's Nobel: Another Slap at George W. Bush | 10/9/2009 | See Source »

...resistance at home; indeed in his comment Jagland noted "we would hope this (award) will enhance what he is trying to do." Still, Jagland tested credulity of listeners when he stressed "we are not awarding the prize for what may happen in the future, but for what he has done in the previous year." (See TIME's photo-essay "Fun with Photoshop: Obama's Other Awards...

Author: /time Magazine | Title: What Was the Nobel Committee Thinking? | 10/9/2009 | See Source »

Inspirational words have brought him a long way - including to the night in Grant Park less than a year ago when he asked that we "join in the work of remaking this nation the only way it's been done in America for 221 years - block by block, brick by brick, calloused hand by calloused hand." (See pictures of Obama in Grant Park...

Author: /time Magazine | Title: Obama's Nobel: The Last Thing He Needs | 10/9/2009 | See Source »

...people planning things but the bottom line is that it was delayed and not cancelled," says business consultant Dennis Heffernan, who is planning to make a documentary about Obama's mother. "I don't think he wanted to take additional time away from getting a health care plan done successfully." (See pictures of Obama's family tree...

Author: /time Magazine | Title: Indonesia Will Wait Longer for Obama | 10/9/2009 | See Source »

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