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...option included in certain 401(k) plans. The government can encourage or mandate the inclusion of an insurance/annuity option in 401(k) plans but should not replace the 401(k) with such an option. The suggestion that the 401(k) should be scrapped because some employees near retirement made poor investment choices is wrong. Leave my 401(k) alone...
...self-styled scientist obsessed with tornadoes, aliens and getting a reality show, allegedly spun a plan to fake his son's Icarus-meets-Up ascent and become famous. But fame bit Heene when, on Larry King Live, Falcon heard a question directed to him by his father and made the mistake of answering honestly: "You guys said that we did this for the show...
...yards turned out to be too far. Twenty-seven of the 32 DD Shermans sank. (You can hear Tom Hanks yelling about this in the opening scene of Saving Private Ryan: "We got no DD tanks on the beach!") Of the five tanks that survived, three made it because their launching mechanisms had jammed and they were dropped directly onshore. In all, 33 men drowned. (See pictures of World War II movies...
...Allied commanders knew Omaha would be the hardest beach to take on D-day. Its gentle curve and imposing bluffs made it a natural killing ground. But even so, the lack of foresight seems breathtaking. Bombers were supposed to have softened up the German defenses, but they released their payloads too late - they were worried about hitting the landing parties - and missed the bunkers completely. Rockets were supposed to pound the beach from offshore, but they fell short. The German defenses were practically untouched. "All it's done is wake them up!" one officer remarked. That the assault on Omaha...
...Mira Nair's pretty but disappointing biopic Amelia, there's a scene in which Amelia Earhart (Hilary Swank) laments the shallow nature of the two questions repeatedly posed by her adoring public. It's not long after the 1928 transatlantic flight that made her a household name, and she says all anyone wants to know is "Where are you going next?" and "What did you wear...