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...current system and placing it in private accounts. This money could then be invested in stocks and bonds, as has been advocated by Bush advisor and Baker Professor of Economics Martin S. Feldstein '61. Feldstein has argued that private investments will create a "All-Gain, No-Pain" fix for Social Security, as the swirling stock markets buoy the program to higher and higher returns. Yet pleasant fantasies may not serve as the basis for future policy, and there are several persuasive reasons why such painless gains will not be realized--and should not be pursued--outside the theoretical realm...

Author: By The CRIMSON Staff, | Title: A Secure Social Security Plan | 10/5/2000 | See Source »

...current market prices, but they will have to return the same value of crude to the reserve next summer or fall. Prices will probably be lower then, so the companies will actually have to return more oil than they have taken out. Gore also proposes to ease the coming pain by giving a temporary tax credit for distributors who build up their oil stocks before winter and by asking Congress to spend $400 million to help low-income families pay for heating...

Author: /time Magazine | Title: Campaign 2000: TIME Issues Briefing: Controlling Oil Prices | 10/2/2000 | See Source »

...years drinking, sleeping in parks, playing the guitar to earn enough for the next bottle. Finally, he dried out and began writing and singing songs, including his 1987 hit, Took the Children Away, which launched him on an upward musical career. But, he says, "I still feel the pain, every day. Sometimes it threatens to engulf me. But I'm not going to let it destroy...

Author: /time Magazine | Title: The Stolen Generation | 10/2/2000 | See Source »

Being superhuman, Alba says, can be a pain in the rear end. The other day, she hung for several hours from a building in a harness, sitting on two grips' heads between takes while the crew fiddled with the camera angles. She spent another marathon session hanging from a bar above the set, praying her hands didn't go numb before she dropped--"'catlike,' the director said"--into the frame. "'Then,' he said, 'You just glide over to the door.' I've never done this before! Dropping 6 ft. and not falling on my butt is an accomplishment...

Author: /time Magazine | Title: Television: 2020 Vision | 10/2/2000 | See Source »

When we were kids playing Pop Warner football, we used to take to heart the words emblazoned on our coach's shirt: "No pain, no gain. No guts, no glory." If you didn't feel well, you sucked it in. If you were injured, you taped it up. If you took a hit on the head--got your "bell rung," as we used to say--you just shook it off and got back on the field...

Author: /time Magazine | Title: Hard Knocks | 10/2/2000 | See Source »

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