Word: givees
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...some type of change to our retirement-savings system is coming. First of all, given the market carnage, there is some backing for the idea - not to mention anger and disappointment among retirees who can't really retire. Recent opinion polls show that people would be willing to give up the flexibility of a 401(k) for a guaranteed return. What's more, the fact that ERIC supports a guaranteed plan is encouraging. "Whether the 401(k) is a perfect plan or even the right plan is something that is being questioned in Congress," says Democratic Representative George Miller...
...looks like Harvard isn't the only powerful institution currently freaking out (read: overreacting) about the spread of swine flu with its Purell propaganda and single-bedroom quarantines. Yesterday, The Massachusetts House approved a bill (with a vote of 113-36) that would give health officials the authority to isolate infected individuals and mandate vaccine administration, as well as perform a few other questionable practices. (We're guessing that these don't involve delivering get-well meals to those quarantined...
Valode is torn between two clashing theories. The first suspects the committee cynically sought to lift the award's profile and restore some of its star-quality status, "and what better way of doing that than to give it to the most popular man on the planet today?" Valode asks. Conversely, Valode says the committee may have gotten pragmatic by making a fundamental change in who it sees as most likely to promote and obtain peace today. "Previously, it was the charities, the non-governmental organizations, the brave diplomats who dared to believe," he says. "Now, perhaps the committee...
...peace prize. "Obama said today that he was surprised and humble, and even that he did not honestly feel he deserves the prize," Jan Gunnar Furuly, writer for Norway's biggest newspaper Aftenbladet, said in an Email to TIME." I think most Norwegians do not understand the decision to give Obama the prize, and a lot of us are really embarrassed over the fact that the committee could give it to the president after so short time. For a long time the Swedes have argued that they should take over the responsibility for the prize. Now they have really good...
Perhaps that could be avoided if the committee decided to break with the past and give a real accounting of how it came to its controversial decision. But then again, that might not help either; after its choice of Obama, few people would believe what the committee has to say right now, anyway. - with reporting by Vivienne Walt / Paris...