Word: swamped
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...edition of the "Status of the Social Security and Medicare Programs" is a swamp of data which is only useful it if it turns out to be correct. There is no evidence that most of the assumptions are accurate any more than there is proof that the new federal budget and its forecast deficits are accurate. The White House recently changed its deficit projection for the next fiscal year by $89 billion. (See TIME's A-Z Health Guide...
After leaving Detroit and coaching the Dream Team to gold in Barcelona, Daly landed in New Jersey to coach the woeful Nets in 1992. He always deserved more credit for his brief stint in the Meadowlands swamp. Daly turned the Nets into legitimate Eastern Conference title contenders until John Starks of the New York Knicks broke the wrist of Nets point guard Kenny Anderson during the 1993 season. Then the team's scoring machine, Croatian shooting guard Drazen Petrovic, died in a car accident that summer. Daly left the Nets in 1994, and coached the Orlando Magic for two seasons...
...Ghosts made a bit less in its opener than McConaughey's movies usually do, perhaps because the word was out early that it sucked swamp water, but also because another date movie had, in industry parlance, long legs. Namely, Beyoncé's. Her loving-wife-confronts-crazy-stalker-lady thriller Obsessed, last week's No. 1, finished a strong third with $12.2 million. The movie has now earned in 10 days what another musical star's solo effort, the Zac Efron 17 Again, grossed in 17; it took fourth place...
...conventions. Citi, for example, booked $2.5 billion in gains - without which it would have booked a quarterly loss - because investor fears that it would go under decreased the market value of its liabilities. (Really, it's as perverse as that.) Loan losses are also still rising and could eventually swamp earnings again at many banks. But the first-quarter profits weren't entirely imaginary. As we look ahead, banks really are in a position to make money. "This is a great time to be in banking, you know," said Warren Buffett - who owns shares in Wells Fargo and Goldman Sachs...
...scariest risk has always been that of rapid sea-level rise caused by the collapse of the massive ice sheets in Greenland and Antarctica. There is enough water locked on Greenland alone to raise global sea levels by 23 ft. (7 m) if it melted, which would swamp coastal cities like London and Shanghai and all but wipe away small island states like the Maldives and Tuvalu. We can likely adapt, expensively, to higher temperatures and changing precipitation patterns, but it's difficult to imagine how we could cope with the oceans literally erasing some of our most valuable real...