Word: reasonable
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...email, Anna Yun, a mental health counselor at South Bay Mental Health Center in Boston with no apparent connection to Harvard, offered to make “pumpkin muffins, sour cream coffee cake, [or] coconut cream pie” (her specialty) for the next faculty meeting. The reason? None, except “that it would make me happy and hopefully make the faculty meeting more...
...first, Occidental's union workers were not allowed into the plan. So when Ernie Lucantonio was offered a supervisor job in the fire-retardant division at Occidental, part of the reason he took it was to get into the 401(k). "The 401(k) forced you to save money, because you couldn't touch it," says Lucantonio. "I was making good money, but I wasn't saving anything. I had three kids going to college. So the 401(k) forced me to save, which I needed." (See pictures of the college dorm's evolution...
...near retiree would grow to an inflation-adjusted $451,944. That money, spread over 30 years, could replace at least 50% of the average retiree's income. Add Social Security and even highly paid workers will probably earn more than 80% of their preretirement income. "The only reason these accounts haven't lived up to their potential is that they haven't gotten enough time," says James Poterba, president of the NBER, who co-authored the study. (See 25 people to blame for the financial crisis...
Valode says that's not new- and that almost all Nobel winners provoke debate, at times fierce. But he says the reason Obama has taken that controversy to new heights is because, in choosing him, the committee seemed to ignore the two main reasons the prize's founder Alfred Nobel stipulated for awarding it. "Either the person must have embraced the cause of peace and obtained results towards obtaining it," Valode recalls. "Or the person had to have demonstrated a commitment to peace through a lifetime of work for it. Obama hasn't had enough time to accomplish much...
Obama said that he was both "surprised and humbled" by the award, and there's no reason whatsoever to think that he wasn't. But that word humbled is an interesting one to think about. Humility is a virtue - except when it isn't. We think of it as one of the attributes that make up a certain quiet acceptance of one's lot, even saintliness - think of Pope John XXIII. At the same time, what the books call false humility - the act of constantly saying that one is not worthy, a not-so-subtle way of provoking someone else...