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...half decades ago, his then employer, Occidental Petroleum Corp., cut its traditional defined pension plan in favor of a 401(k)-type system. So instead of getting a guaranteed pension check of $1,308 a month for his 36 years as a full-time, salaried employee, the former chemical-factory worker receives $225 a month from his 13 years as an hourly employee, plus $180.16 a month from a profit-sharing plan Oxy had for salaried employees until 1994. He also has $70,000 left of the money he saved from his tax-deferred 401(k). On the days...

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

However, it might take some coaxing (and several free samples) before students are sold on the techniques presented in the book—such as using a microwave to make bread. Boozy Beer Bread, as the name implies, makes good use of another college survival item by incorporating one full can of stale, flat beer into batter, creating a surprisingly delicious treat with a texture similar to that of traditionally baked bread—but with PETA’s interpretation, one can have fresh bread in a matter of minutes, rather than hours...

Author: By Eunice Y. Kim, CRIMSON STAFF WRITER | Title: With New Cookbook, PETA Reworks Pita, Other Vegan Foods | 10/9/2009 | See Source »

We’re v. happy we got more than a full dose of Sue this week, as we learned that she likes kicking children off her team at random, beef bone smoothies, and hovercrafts. We’re also enjoying the running joke about Will’s alleged perm, although we were shocked at Sue's violence toward a senior citizen. Also, we’re tickled that Sue was born in the Panama Canal Zone and still ran for office twice. Admirable...

Author: By Luis Urbina | Title: Recap: "Vitamin D" | 10/9/2009 | See Source »

...that last effort is the only one that has produced lasting, tangible results. Last month at the U.N., after months of negotiation, the Security Council approved a resolution reinvigorating the compact between the nuclear and nonnuclear powers that aims for an eventual full elimination of nuclear weapons, an end to nuclear tests and a ban of the production of fissile material. The resolution is an overlooked part of what has allowed Obama to make tentative progress in trying to curtail Iran's nuclear program and is, the Administration says, its best hope for doing the same with North Korea...

Author: /time Magazine | Title: Why the Prize Is Premature | 10/9/2009 | See Source »

...detractors point out that sleeping with minors is indeed a crime - and that if, as Mitterrand's book suggests, that is what he did, he should step down. But Mitterrand has always maintained his novel was intended as a kind of full disclosure of things he'd seen and experienced. While the portion of the book dealing with prostitution might worry some readers - "I got into the habit of paying for boys," he writes - Mitterrand argues that his use of the word boy referred to younger men rather than minors. Many older gay men use the expression in that...

Author: /time Magazine | Title: Mitterrand: A Friend to Polanski — and Young Boys? | 10/8/2009 | See Source »

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