Rev. Theodore Hesburgh: Legendary Notre Dame President

When asked at his 1952 inauguration as president of Notre Dame to pose with a pigskin, as if he were a successor to Knute Rockne, the Rev. Theodore Hesburgh said, “I’m not the football coach. I’m the president.” Indeed, during his 35-year career at the school, Hesburgh, who passed away Feb. 26 at age 97 on the campus in South Bend, Ind., became far more influential than any gridiron hero. He turned Notre Dame into an academic powerhouse, became a confidant …

President Proposes Rule to Protect Worker Savings

President Barack Obama called on the Department of Labor today to draw up a rule to protect people who save in IRAs, 401(k)s and other workplace retirement plans from hidden fees and expenses that may drain billions from their accounts. The president wants brokers and other professionals to be required to act in an investor’s best interest — instead of their own — when dispensing advice on retirement accounts. “Right now there are no uniform rules of the road that require retirement advisers to …

Obama Proposes Middle-Class Tax Breaks

In his penultimate State of the Union address, President Barack Obama on Tuesday night announced wide-ranging proposals he said would improve the economic prospects of the middle class, including helping families pay for college and child care, while giving more workers access to retirement plans. To help pay for these expanded benefits, the president also wants to increase the taxes paid on inherited assets of higher-income households. Many agree that it’s a long shot the president will get his wish list — …

11 Things We Didn’t Know Last Week

News, discoveries and … fun. 1. The 24th 007 movie will feature the first 50-year-old “Bond Girl.” (Learn more at AARP) 2. President Obama has acid reflux. (Learn more at AARP) 3. Your flu shot might not protect you from half the varieties of this season’s bugs. (Learn more at AARP) 4. When the president of Ukraine seeks advice, he sometimes turns to a doll. (Learn more at Buzzfeed) 5. Smoking is unhealthy for anyone, but it’s worse for men. …

What Bill Clinton Doesn’t Get About Being a Grandparent

Bill Clinton was on the Ellen show this week talking about his new granddaughter, or as I like to call her, the other Charlotte. The former prez made some great points about grandparenting, although he and Hillary clearly haven’t spent a whole lot of time with the little one. >> 6 Ways to Be a Sexy Grandma I’m sure he’s very busy, but he seems to be holding back a little. “I told Hillary … ‘Now, we have to remember this …

New York Restaurant Rejects Obama’s Credit Card

Yes, even the president of the United States gets his credit card declined. As President Barack Obama signed an executive order to beef up security for government-issued credit and debit cards, he told the story of how his card was rejected at a restaurant while he was in New York last month to attend the United Nations General Assembly. >> 10 Frugal Habits of the Rich and Famous “It turned out, I guess, I don’t use it enough, so they thought there was …