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...boomers, together with slumping tax revenues, have sent Social Security into the red several years earlier than expected. The current economic outlook puts the program’s solvency in jeopardy. So what does Congress do to save us from this impending disaster? The solution is obvious—pass a non-binding resolution...

Author: By Jack A. Holkeboer | Title: Less Talk, More Action | 2/16/2010 | See Source »

...fact is, non-binding resolutions are ineffective and only divert Congress’s attention from our nation’s myriad problems. The majority of these missives receive virtually no media coverage, nor do they influence government policy. It took Congress eight days after the Haitian earthquake to pass H.Res. 1021, a non-binding expression of “condolences and solidarity.” (During those eight days, they named four post offices.) The high-minded Congressional statement likely offered little solace to Haitians trapped beneath rubble and distracted from governmental efforts to bring tangible benefits to those...

Author: By Jack A. Holkeboer | Title: Less Talk, More Action | 2/16/2010 | See Source »

...part of the generation that thinks privacy is passé. Send me a friend request? We're friends now. Poke my profile? I'll poke yours back. But using your profile to send you real things I have to pay for with Facebook's alternative currency? That might be the biggest leap of faith yet. (See the top 10 Facebook stories...

Author: /time Magazine | Title: Gift Giving on Facebook Gets Real | 2/15/2010 | See Source »

...unusually high $70 daily casino entrance fee, or $1400 for an annual pass, being imposed on local visitors will be one of the casinos biggest obstacles. "The entry levy is meant to signal that gambling is an expense, not a means to make a living," explains Lim Hock San, Chairman of the National Council on Problem Gambling. "It discourages impulse gambling." Though betting on horse races is allowed in Singapore, the government strictly controls other forms of gambling, one of the reasons it plans to allow only two casinos to operate on the small island. The families of gambling addicts...

Author: /time Magazine | Title: With Casinos Set to Open, Singapore Rolls The Dice | 2/13/2010 | See Source »

...forth to abolish federal subsidies for parking spaces near train stations. A few years ago, a joke made the rounds that an initiative should be held on whether to raze the Alps so the Swiss people could see the ocean. (Regrettably for beach lovers, this never came to pass.) Joking aside, experts say the countless ballots can lead to voter fatigue - Switzerland has long had one of the lowest voter-turnout rates in Europe. Indeed, even one of the most politically charged initiatives in recent years, the minaret ban, saw a mediocre turnout of 55%. (See pictures of the world...

Author: /time Magazine | Title: Lawyers for Animals? Up for a Vote in Switzerland | 2/12/2010 | See Source »

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