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...idea that we could ever save enough to pay for 30 years of leisure is a relatively recent invention. An entire profession, financial planning, is dedicated to telling people they can, and must, pay for their own retirement. A 401(k) is usually a central part of those plans. Even for people who don't have enough money to send their kids to college or buy a home, building their 401(k), they are told, is their first priority. It's not terrible advice. The accounts grow tax-free, though you have to pay Uncle Sam's levy when...

Author: /time Magazine | Title: Why It's Time to Retire the 401(k) | 10/9/2009 | See Source »

...were appalled and outraged by the recent violence in Guinea. The indiscriminate killing and raping ... by government troops was a vile violation of the rights of the people of that country." - U.S. Secretary of State Hillary Clinton (Reuters...

Author: /time Magazine | Title: Guinean Leader Moussa Dadis Camara | 10/8/2009 | See Source »

...recent intelligence report put out by the government of Israel, which considers Iran's nuclear program a direct threat to its security, said Venezuela was already supplying Iran with uranium. But experts say it's hardly certain Venezuela even has much, if any, uranium to provide Iran or anyone else. Officials there have long estimated the country is sitting on 50,000 tons of the radioactive ore, concentrated mostly in western Venezuela and in the Roraima Basin along the country's southeastern border with Brazil and Guyana. (The U.S. has uranium reserves of about 340,000 tons...

Author: /time Magazine | Title: Chávez to Iran: How About Some Uranium? | 10/8/2009 | See Source »

...over the aid package has left President Asif Ali Zardari increasingly isolated as normally fractious opposition parties unite against its "humiliating" conditions, with even the junior partners in Zardari's ruling coalition expressing misgivings. Public opinion ranges from suspicion to hostility, and the army high command broke with its recent habit of remaining quiet on political matters to issue an ominous statement. Following a meeting of its corps commanders, the army - the country's most powerful institution, long accustomed to keeping the political class in line - expressed "serious concern" over what it said were the "national security" implications...

Author: /time Magazine | Title: How a U.S. Aid Package to Pakistan Could Threaten Zardari | 10/8/2009 | See Source »

...backlash to Kerry-Lugar is fueled by a widely held perception that President Zardari has bowed too easily to foreign demands. According to a recent poll published by the International Republican Institute, 80% of Pakistanis opposed their government's cooperation with the U.S. war on terror. That figure represents a 19-point rise since March, despite the fact that opposition to Pakistan's domestic Taliban militants has risen to an all-time high. But Zardari sees the clamor as politically motivated: "Pakistan received American aid twice before, in 2001 and 2007, and there was no such controversy," says presidential spokesman...

Author: /time Magazine | Title: How a U.S. Aid Package to Pakistan Could Threaten Zardari | 10/8/2009 | See Source »

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