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...doesn't scare you or worry you? After a certain point, they look at my record and realize no amount of punishment will stop me from pursuing my goals. I generally get some kind of a penalty that I can live with, whether it's jail time or a fine that I refuse to pay. If you're afraid of the consequences, you can't really engage in civil disobedience...

Author: /time Magazine | Title: Environmental Activist Mike Roselle | 10/12/2009 | See Source »

...Here's why: Remember, the biggest factor in whether the 401(k) works as designed has to do with when you retire. If the market rises that year, you're fine. If you retired last year, you're toast. And the chances of your becoming a victim of this huge flaw in the 401(k) plan are pretty high. The market fell in four of the nine years since the beginning of the decade. That means anyone retiring this decade had a nearly 50% chance of leaving work in a down market. In fact, your chances of retiring into...

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

...predict (when the market collapses) and can't afford to recover from on our own. "People tend to meld savings and insurance in their mind, but they are not substitutes," says Nancy Altman, a former Harvard professor and the author of The Battle for Social Security. "It's fine to have a savings plan as a supplement but not as the main retirement protection for everyone." She says the best way to guarantee a replacement for people's wages in retirement is by pooling risk, and the way to do that is through insurance...

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

...outrageous and inconvenient as this new law might seem, the punishment for not complying to quarantine orders can consist of a 30-day jail sentence and/or a $1000 fine. UHS is starting to look pretty tame...

Author: By H. Zane B. Wruble | Title: Mass. Government Goes Militant | 10/9/2009 | See Source »

...backed his words against nuclear-weapons proliferation with action to stop it; because he reminded Americans, with John Donne, that no man is an island and that poverty, despair and hunger anywhere diminish and indeed threaten those who are not poor, not hopeless and not hungry. Humility is fine, in the quiet of Obama's room, with his family, in private. But not in his public life - the life that he shares with all of us; the one to which we convey, for his allotted span as the most important political figure in the world, our aspirations for the future...

Author: /time Magazine | Title: The Limits of Humility: How Obama Got It Right | 10/9/2009 | See Source »

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