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An Original Copy Of The Real-Life Schindler's List Is On EBay For $3 Million

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Right now, you can buy any old copy of Steven Spielberg's "Schindler's List" for as low as $0.99.

However, if you want a real piece of history, the actual list of names Oskar Schindler assembled in 1945 to keep people off trains to Auschwitz is up for auction on eBay.

The bidding starts at $3 million.

schindlers list ebay

According to The New York Post, the list is one of four known copies in existence. 

The New York Post reports the private sellers, collectors Gary Zimet and Eric Gazin, hope the item will sell for as high as $5 million.

The document is 14 pages long detailing the names of 801 persons. 

You can currently bid on the item for the next ten days.

Not anyone can swoop in and purchase the list, though. According to eBay, the item is "restricted to pre-approved buyers only."

Anyone interested in purchasing must email to be placed on a list.

Here's a preview of the list:

schindlers listebay schindlers list

SEE ALSO: Why we feel strong emotional ties to movie characters

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BLUFF HOUSE BINGO: Buy This $950,000 Nantucket Beach House Today And It Could Be Worth $4 Million In A Year...

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Baxter Road Real Estate Erosion06

Yesterday, I told you about the big news on Nantucket Island this summer, which is that beach erosion is threatening to cause some $5-$10 million houses to fall into the Atlantic.

The owners of these houses have been trying for years to persuade the Town of Nantucket to let them spend their own money to enact various erosion-control measures, including "de-watering" systems, "beach nourishment and replenishment" programs (barges dumping sand), and, most recently, a "hard armor" seawall. 

For more than a decade, however, the Town has resisted, arguing that these measures might threaten fragile ocean fisheries and ecosystems, increase erosion elsewhere, and have other nasty unintended consequences.

(The year-rounders who control the Town, it is also suspected, may quietly enjoy the spectacle of watching summer residents get ever more animated as their houses get closer to falling into the Atlantic. Nothing, after all, will turn you into a devout environmentalist and preservationist than a good case of schadenfreude.)

This summer, however, the threatened homeowners on Nantucket's Baxter Road have finally softened the Town's resolve.

How? 

By hiring a lawyer to point out some things.

Baxter Road Real Estate Erosion02The homeowners' lawyer has pointed out, for example, that, if the erosion next winter is as bad as the erosion last winter, a stretch of Baxter Road itself might fall into the Atlantic. And if that happens, the water, sewage, and electric services that the Town is legally required to provide to more than a dozen houses at the far end of Baxter Road will get cut off. And since the Town is legally required to provide these services, the Town will have to acquire some new land through which to provide them. The cost of this land acquisition and construction, the lawyer has estimated, might be, say, $10-$15 million.

And, of course, for every additional $5-$10 million house that plops into the Atlantic, the Town will lose significant tax revenue. And then there are the legal fees and penalties the Town might incur defending itself against a lawsuit that the lawyer might file--in which the Town might be held liable for the loss of tens of millions of dollars of property value by refusing to allow the homeowners to build erosion-control measures with their own money. This loss of tax revenue, legal fees, and lawsuit could get pretty expensive.

The lawyer's observations have apparently been heard.

Because suddenly the Town is considering a proposal by the Baxter Road folks to hard-armor the bluff with a rock "revetment" that will eventually be nearly a mile long.

No one knows whether this seawall will stop the erosion and prevent the $5-$10 million houses from falling into the Atlantic (the Atlantic's a powerful beast, especially with the climate changing and sea levels rising).

And no one knows whether this seawall will ruin fisheries, starve fragile ecosystems, accelerate erosion for the poor unprotected slobs who live on either end of it, or have other unintended consequences.

But the Town, it seems, is finally ready to let the Baxter Road homeowners give it a try.

And that, interestingly, is creating an opportunity for some real-estate speculation.

You see, there are two sides of Baxter Road.

There is the ocean side, with the direct ocean views and gorgeous $5-$10 million houses that are threatened by the bluff erosion.

And then there is the inland side, which has indirect ocean views and gorgeous $2-$5 million houses that are not (yet) threatened by the bluff erosion.

The only difference between these two sets of houses is the direct vs. indirect ocean views.

But when the house across the road that is blocking your view of the Atlantic falls into the Atlantic, well, then, your indirect ocean view becomes a direct ocean view.

And if the natural force that caused your neighbor's house to fall into the Atlantic and give you a direct ocean view were to be suddenly subdued by, say, a seawall?

Well, then, you might just get to keep that direct ocean view.

And that would add millions of dollars to the value of your house!

Baxter Road Real Estate Erosion14Depending on what happens with the bluff erosion and seawall, we might have some serious swings in some Baxter Road house prices over the next couple of years.

We have already seen some serious swings, of course. Over the last several years, a handful of the once- $5-$10 million houses on the ocean side have sold for big discounts, on account of the fact that they appear to be about to fall into the Atlantic.

One beautiful house, for example, which might have fetched $6 million if it had been located only a quarter mile south, sold last year for about $600,000.

The buyer of the house, presumably, figured that there was some possibility that the Town might relent and let the community build a seawall, or that the erosion might just stop of its own accord (this happens sometimes). And if either of those things happened the $600,000 house might suddenly be worth $6 million again. Or, the erosion might continue and, in two years, the house might fall into the Atlantic, taking the buyer's $600,000 with it.

Que sera sera.

Today, there is a house on the market at the northern end of Baxter Road.

It's a small house (by Nantucket bluff house standards), and it is located on the inland side of the road.

Baxter Road Real Estate Erosion13A few years ago, this house, which is called "Windy Moor," used to have only indirect views of the Atlantic Ocean, because the two houses across from it on the ocean side would have made Jay Gatsby proud.

But the owners of one of the two house blocking Windy Moor's view disappeared a couple of years ago when the owners gave up on defending it and cut it up into four sections and trucked it off to Monomoy on the other side of the island. (One of the sections fell off the truck en route, which created quite a scene. But that's a different story.)

And the owners of the other house blocking Windy Moor's view, sadly, got a telephone call this winter saying that three successive storms had consumed a staggering 30 feet of bluff and that their house's time had come. (You can see excellent pictures of the demolition and bluff erosion here.)

So now little Windy Moor, which, for most of its life, has been a small house on the wrong side of Baxter Road suddenly has a gorgeous unobstructed direct ocean view.

Baxter Road Real Estate Erosion12Windy Moor is for sale. With an asking price of $950,000. A price that is likely less than half of what it would be if Windy Moor itself were not threatened by the same bluff erosion.

This sets up some interesting speculation opportunities.

(Before going further I should confess that I have a small emotional attachment to Windy Moor. Thirty years ago, when I spent my teenage summers here, Windy Moor was the home of a family named Whittemore ("Whittemore" - "Windy Moor") who had a daughter named Alison (sp?) who pretty much every guy in town had a crush on. Sometimes the whole gang would be invited to hang out in Windy Moor drinking beer and playing a card game called Egyptian Rat Screw. The game was fun, but it wasn't the main attraction. I never so much as held hands with Alison Whittemore, and I haven't seen or heard of her in decades, but I recall fond memories of ancient summers every time I pass by.)

(This, by the way, gets at why the homeowners on Baxter Road have tried so hard for so long to persuade the Town to let them try to save their houses. For them, the houses aren't speculations. Or shelter. Or a view. They're personal history and family memories. And in that sense they really are irreplaceable.)

Anyway, the speculation possibilities on Baxter Road are this:

If the Town allows the Baxter Road homeowners to build their seawall and it works, the erosion of the bluff might stop forever.

If that happens, Windy Moor will be left with a permanent, direct ocean view. 

And if that happens, Windy Moor will suddenly be worth, say, $3 million ($4 or $5 if you did a bit of expansion and renovation).

Of course, if the Town refuses to allow the Baxter Road homeowners to build their seawall, or it doesn't work, well, then, Windy Moor's front yard is already only 50 feet from the edge of the Atlantic.

So, two years from now, Windy Moor might be worth zero.

In fact, given that the Town probably wouldn't let you just let Windy Moor fall into the Atlantic, it might be worth less than zero. It might actually have a negative present value, on account of the money you will have to pay the demolition crew to destroy it and truck it away.

Que sera sera.

So if you have a couple of million burning a hole in your pocket and you want to play the Bluff Erosion Roulette Wheel, come on up. Whatever happens, you'll enjoy your time here.Baxter Road Real Estate Erosion16

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The Sexiest Financial Journalists Alive!

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David Faber

When you're taking in your must-read financial news, you're probably dreaming about the journalists who brought you each sentence and number.

Brains are, after all, very attractive.

Now, put that together with an actually good looking person and you've got a dangerous combination.

We found the 35 sexiest financial journalists in both print and TV who embody brains and beauty.

They'll get some information out of you for sure.

Jon Hilsenrath, economics reporter for the Wall Street Journal. He's known for breaking stories about the Fed.



David Faber, CNBC host of 'Squawk on the Street.' He's a badass deal reporter. He breaks a lot of news.



Trish Regan, Bloomberg TV's 'Street Smart' anchor (She was a former Miss New Hampshire in the Miss America pageant)



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Wealthy NYC Parents Are Hiring 'Playdate Consultants' To Help Their Kids Get Into Elite Schools

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attached image

Forget about college counselors — a report in the New York Post says the latest trend among rich Manhattan parents is to hire a recreation "expert" to teach their kids how to play in preparation for private school admission tests.

The $400-an-hour service includes a playdate among three to five 4-year-olds. The children are closely monitored to see how each plays and interacts with the others.

Parents are then told what their child needs to work on before applying to top-end schools, where the toddlers will be judged on skills such as sharing, coloring, holding a pencil, and taking directions from authority figures, according to the Post.

In the crazy competitive world of New York preschools, that edge can really make a difference. Getting into public pre-K programs in New York City can be harder than getting into Harvard, and for private schools like Trinity and Horace Mann, admissions are even more competitive.

But still, experts told the Post that too much coaching can do more harm than good and cause kids to sound like robots instead of 4-year-olds, raising a red flag with schools.

Read the full New York Post story here.

SEE ALSO: America's REAL Most Expensive Colleges

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Watch A Livestream From Outside The Hospital Where Kate Middleton Will Give Birth

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Kate Middleton has reportedly been helicoptered from her parents' country home to London in anticipation of the royal baby's arrival -- but she has yet to arrive at St. Mary's hospital where she will check in to give birth.

Middleton's due date is said to be today, July 19.

While the world anxiously waits for any news of Middleton going into labor, U.K. sites like The Telegraph have launched livestreams from outside the Lindo Wing of the hospital.

The Sun has also set up a livestream called "The Royal Baby Monitor." It has attracted more than 150,000 people in 24 hours.

While there have been no sightings of real royals, impersonators have arrived at the hospital to punk paparazzi:

Watch The Telegraph's livestream HERE and be on the lookout for any royal sightings!

Or check out The Sun's Royal Baby Monitor HERE.

SEE ALSO: Kate Middleton Heads To London Via Helicopter, Reportedly To Give Birth

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Escape The Heat Wave And Go Skiing In Chile's Andes Mountains

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Valle Nevado mountains, Chile

In the sweltering summer heat wave we've been enduring in the northern hemisphere, it may be hard to imagine donning heavy ski gear and hitting the slopes. Yet that's exactly what serious skiers and snowboarders are doing in Chile—and other ski destinations in the southern hemisphere—right now.

I went skiing in Chile's Andes Mountains at the Valle Nevado ski resort and it was one of the most incredible travel experiences I've had.

Click here to see Chile's Valle Nevado ski resort >>

The ski resort-village is located just 21 miles outside of Santiago, Chile. But to get there, you must traverse a stomach-churning narrow mountain pass with about 50 switchbacks that's not for those with weak stomachs or a fear of heights. And yet once you reach the resort, atop the mountain, the rewards are spectacular: breathtaking views of mountains covered in glistening snow.

The resort itself is situated on a ridge in the Andes that's about 10,000 feet above sea level, but some of the trails go up to over 12,000 feet. The trails are above the tree line, which means that after a fresh coat of snow the complex becomes one large playground just begging to be skied and boarded.

There are over 2,500 acres of skiable terrain at Valle Nevado, and if you opt for the multi-resort ticket, which gives you access to the trails at the neighboring resorts of El Colorado and La Parva, you'll be able to ski over about 7,000 acres. A 1-day lift ticket at Valle Nevado costs around $84, and a three-night stay at the resort starts at $1,400 per person, including meals and lift tickets.

Valle Nevado's ski season lasts from late June to early October, but July and August are some of the best months to go as it's not in the brutal cold of winter and there's endless powder.

The Valle Nevado resort, comprised of several buildings, has 3 hotels, 6 restaurants, 12 shops, 4 bars and a spa.



The ride to get to Valle Nevado is breathtaking, but with about 50 switchbacks it can also be nauseating. If you don't have a strong stomach, take Dramamine before embarking on the hour-long journey from Santiago.



On my first morning at the resort, I stepped out onto my balcony and awoke to a spectacular sunrise at around 7am.



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Heineken's Great Marketing Stunt Gave Travelers Free Flights To Random Destinations

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heneiken airport roulette commercial

Changing plans at the last minute is hard to do, but what if a little flexibility and some courage could turn your flight to Chicago into one destined for Chiang Mai, Thailand?

All you had to do was press a button.

This was the challenge recently posed to travelers departing from New York's JFK International Airport Terminal 8, when beer company Heineken decided it was time to change some lives.

We won't spoil the results of the experiment (watch the video above), but we will admit that it's brilliant and hope it becomes a regular thing, even if only twice a year.

Watch:

SEE ALSO: London's Airport Wants To Expand — It Just Has To Demolish These Villages First

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Here's Why Kale Is So Wildly Popular


Grandma Drummer Stuns Staff At Music Store With Mysterious Performance

It Just Got Easier For Americans To Travel To Cuba

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Tourists, Chevrolet, Car, Convertible, Cuba

NEW YORK (AP) — A U.S.-based tour company on Thursday announced the launch of new people-to-people trips to Cuba that would transport U.S. citizens there by ship.

Road Scholar, a Boston-based company, is offering the trips from Jamaica and Miami, with stops in Havana and other parts of Cuba.

Most travel by U.S. citizens to Cuba is outlawed, but tens of thousands of Americans now visit the island legally each year on people-to-people tours, which are licensed by the U.S. Treasury Department. People-to-people trips must have educational and cultural exchange itineraries in order to be approved by the U.S. government.

Typically people-to-people tours fly from U.S. airports to Havana on chartered planes. But Road Scholar's director of international programs, Yves Marceau, said in a phone interview that "there's nothing in the regulations or guidelines" that preclude traveling by ship on a people-to-people tour.

The U.S. Treasury Department confirmed in an email that transportation "whether by bus, boat or taxi" in Cuba is permitted as part of the people-to-people programs as long as it does not detract from a "full-time schedule of educational activities that will result in meaningful interaction between the travelers and individuals in Cuba."

Marceau said Road Scholar had "designed all the port programs to be consistent" with those regulations, including a visit to an agricultural cooperative and meetings with artists.

The Road Scholar trips are among several seaborne voyages planned by U.S.-based entities to Cuba. This fall, Semester at Sea plans its first stop in Cuba since 2004, according to Semester at Sea spokesman Andrew Centofante. Semester at Sea allows college students to earn credit on multi-country study abroad programs that take place on a ship, and Centofante said the Cuba stop was approved by the U.S. government as part of an itinerary in which students will visit various ports around the Atlantic.

The Metropolitan Museum of Art in New York had advertised a people-to-people cruise from Jamaica to Havana this past April, but it did not take place. A spokesman for Academic Arrangements Abroad, which was organizing the museum trip, did not immediately respond to a request for comment, but it's not unusual for tours sponsored by museums or universities to be cancelled if they don't get enough participants.

The Road Scholar trip will use a cruise ship operated by a Canadian company, with Canadians and Europeans making up most of the other 1,000 passengers on the ship, Marceau said. The Road Scholar group has room for 24 participants and will adhere to its own itinerary in Cuban ports.

One of the Road Scholar tours is an 11-night trip beginning in Montego Bay, Jamaica, which heads to Punta Frances, located on a small Cuban island south of Havana called Isla de la Juventud, and concludes with five nights in Havana. A second 10-night trip starts in Miami, then heads to Cuba, with stops including rural areas and the western part of the country, and a final stop in Montego Bay. The third Road Scholar voyage runs 12 nights, traveling from Miami to Havana and around the island before returning to Havana. The Road Scholar seaborne trips to Cuba have departure dates in December through March 2014.

The people-to-people cultural exchange licenses were reinstituted by the Obama administration in 2011, after being halted by the Bush administration. But requirements were tightened last year after criticism that many of the trips were masking recreational tourism to the Communist island. Cuban-American Republican Sen. Marco Rubio of Florida criticized the government for approving licenses for groups that included activities like salsa dancing.

SEE ALSO: 30 Stunning Photos Of Everyday Life in Havana

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20-Something Reveals What It's Really Like House-Hunting In NYC

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woman hailing a cab in nyc new york

Natalie Morgan* isn't your average millennial.

At 28 years old, the Queens, N.Y. native is single, childless and gainfully employed as a budget analyst.

And this month, after years of slaving and saving, she will put a downpayment on her first home, a one-bedroom apartment in a co-op building in her hometown.

Morgan is one in a surge of single women who have been leading the charge into the housing recovery, making up 21% of all home purchases in June — double that of single men, according to the National Association of Realtors.

"I'm not a super anxious person by nature, and I never had anxiety until this process," Morgan told Business Insider. "Waiting to hear from CPAs and lawyers and wondering if I should take a place or not ... I feel like this is something I should be very proud of."

We've been following Morgan on her house hunt over the last couple of months. Here's what she told us about being a young, single buyer in one of the toughest real estate market in the country:

BI: You don't have a lot of real estate experience. Where did you even begin to look for a home?

NM: I started in December 2012, just by going to open houses I found on Zillow or Realtor.com. I met my realtor at an open house, actually. At the time, I just wanted to see what was out there. I knew I wanted to buy, but I needed to know what I could afford with my money. A lot of it was also talking to other people who've bought homes, like my sister and brother-in-law.

BI: How much of your life did you devote to house-hunting?

NM: From the moment a new listing would hit the market that he thought I'd like, my realtor would send it to me. I would say I saw a good 30 to 40 apartments. Usually, we did weekend trips in the morning and it'd just be us in his car driving around. He was only pushy if he thought there was a glimmer of hope that I might like it. He spent enough time with me to know my personality and how to gauge me.

BI: You probably had a lot of competition from other buyers. What was the bidding process like?

NM: In all, I put in bids on three different co-op buildings. The first place I put a bid on, I was outbid. And the second place, my bid was accepted but it fell apart after I looked at the building's financials. My dad's friend is a CPA, so I sent him the paperwork and he pointed out some issues. Even from my perspective as a budget analyst, I could tell the building owners didn't have much capital on hand. It looked like their assets could not cover their liabilities. I passed.

BI: Did you ever feel like you were being treated differently as a young, female buyer?

NM: The third place I bid on [I wanted it] but the seller was kind of douchey. I didn't get nearly as many personal questions about my financials from other sellers as I did from this guy. He wanted to see what was in my savings account, my checking account, those types of things. And he would tell my lawyer he didn't know if I had enough to afford it. For me, being a single person trying to buy something, that was really annoying. I've spent too long keeping my financials in check to have someone who didn't even know me question me. The more information you give them, they more they can be like, oh, she can afford more. And I was still in a bidding war, so every time he saw [more of my financials], he kept increasing what he wanted.

BI: In the end, you won the bid.

NM: I put down 30% but that's only because my co-op requested that only 70% could be financed. Other places typically requested 20%. I didn't mind because it makes my mortgage cheaper. The contract has been executed. Now, it's getting my loan application approved by the lender. I have 45 days from that point to get a loan commitment letter. That could take up to three months.

BI: What was your strategy for saving up to buy an apartment?

NM: After grad school (2009), I made a choice to move back home with my parents. I was lucky in that way. And they always raised me to be super frugal. The trick is to live like you're always a poor college student, I found. I'm not really a big spender, though I do like to travel. I always ask 'Do I need this?' versus 'Do I want this?' And I didn't want to be broke after I bought this [apartment]. I wanted to still have at least three to six months worth of my salary in savings. I set up my paycheck to just put money in my savings and IRA automatically. I didn't even miss it.

BI: Speaking of your parents ... have you told them you're moving out yet?

NM: (Laughs) No. My mom is very traditional. She'll find out later on. I looped my dad in after they accepted my bid on the last place. He's done a lot with real estate and fixing up places to rent, and I wanted him to see if there were any structural things in the apartment I should note in the contract. He seemed OK with it.

BI: Any unexpected costs you encountered along the way?

NM: Maintenance fees. Property taxes. I think people forget they have to buy homeowner's insurance. Those costs have to be factored in. I think I was amazed at how much it takes a co-op board to look at me and decide whether I'm a good candidate. And now that I'm looking for a mortgage, closing cost fees are coming up and those range from $2,000 to $10,000.

BI: How did you go about loan shopping?

NM: I wanted to move quickly so I could take advantage of the low rates. I just put in a loan application and was pre-approved. I started by looking at Bankrate.com, HSH.com, and Zillow because they have price shoppers for mortgages. And then I'd go into local banks in my area on my lunch hour to compare.

BI: You're going to be a single woman dating New York men your age who probably can't even dream of buying an apartment. Are you worried about that getting in the way?

LY: That's something my mother has raised concerns about in the past. But I feel like it's something I should feel very proud of. [As far as dating goes] it'll just be trying to manage egos.

BI: How long-term are you thinking you'll stay there?

LY: I think right now I'm buying more as an investment. Realistically, I don't think I'd fit a family of four in there. Depending on when that happens, I'd probably plan on staying here for the next three to five years maybe.

*Because "Natalie" is still under review by her co-op board, she has requested that we change her name. 

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Public Schools Around The Country Are Charging Outrageous Tuition To Compete With Private Schools

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Private School AssemblyMany public school systems across the country offer admission to students outside their district, but there's a catch: tuition.

While most school districts typically charge between a few hundred and a few thousand dollars for a transfer student, some districts are charging families upwards of $10,000 while marketing themselves as private school alternatives.

The Rye Brook school district in Westchester made news last month when it began advertising open slots in its public schools that would cost parents $21,500 a year for middle and high school students. According to CBS New York, Rye Brook is using direct mailings to market the district's public schools over a 15-mile radius around the town.

"You get a first-rate education. You hear about charter schools. You hear about private schools. You hear about parochial schools. This is just another option," the district's school board president told CBS.

CBS notes that due to the district's proximity to Greenwich, Conn., "it’s a sure bet that come fall some of the students arriving in Rye Brook will be from out of state."

Charging tuition for out-of-district students has become a more common practice in Westchester, as school districts such as Edgemont and Bronxville charge tuition ranging from $23,000 to $28,000. 

On the other side of the country, the Riverdale school district in a suburb outside Portland, Ore. currently charges $11,900 for a year of high school, close to double what the state pays to educate a student, according to the Oregonian. The school currently has 120 students paying tuition, making up 20% of its $6.5 million budget.

The Oregonian reports that Riverdale school leaders see themselves in competition with private schools for out-of-district students, and that most of their students paying tuition chose the public school over private options.

"We're attracting students that have both a desire to get the education we offer as well as the means," the superintendent of another expensive Oregon school district told the Oregonian.

The most recent district to jump on this trend is Lovejoy, a top school district in Texas. ABC's headline for the news — "For Sale: Seat at 'Exemplary' School for $10,000" — sums up what for many is the appeal of buying into a district: reputation and resources.

The superintendent for the Lovejoy schools underscored the financial motivations of the district's choice, telling ABC, "School districts are a lot like the airline industry ... When you fly full airplanes, they make money. When the planes aren't full, they don't. And the schools are like that, too."

SEE ALSO: The Most Expensive Private Schools In The US

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BMW Is Offering Some Aggressive Ways To Make Its New Coupe More Fun To Drive

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2014 bmw 4 seriesBMW’s new 4-Series (the replacement for the 3-Series Coupe) isn’t even in showrooms yet but the German automaker has already revealed the first batch of M Performance accessories for the car.

They include aesthetic pieces as well as some serious performance mods and should be available for the 4-Series when the charming coupe goes on sale next month.

M Performance accessories are developed by the engineers at BMW M and are held to the same standard as parts going on the division’s dedicated M cars.

Importantly, these new M Performance accessories for the 4-Series hint at the styling we can expect on the high-performance M4, which is tipped to debut at the 2014 Detroit Auto Show next January.

For those looking to lift performance of the standard 4-Series, the M Performance catalog includes items such as a proper mechanical limited-slip differential, lowered suspension, uprated brakes and a sports exhaust systems. As the photos confirm, chunky 20-inch alloys and an aggressive body kit will also be offered.

Cosmetic items, for both the exterior and cabin, include black highlights for the kidney grille and new fender vents, M Performance decals, Alcantara and carbon fiber interior trim, stainless steel pedal covers and sporty bucket seats. We can also see that BMW will make its tech-laden M Performance sports steering wheel available on the latest 4-Series.

BMW 4 Series Accessories

British outlet Autocar is reporting that M Performance power upgrades will also be offered, at least overseas. For the 428i, a kit is available that’s said to boosts output by 29 horsepower to a new peak of 269 horsepower, while for the 435i a similar kit lifts output by a claimed 36 horsepower to a new peak of 336 horsepower. The kits consist of exhaust tuning and ECU tweaks.

Pricing and availability in the U.S. should be announced shortly.

Follow Motor Authority on Facebook, Twitter, and Google+.

SEE ALSO: BMW's M6 Convertible Is Surprisingly Difficult To Understand

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10 Extravagant Items Fit For The Royal Baby's Nursery

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PoshTotsThe Royal Baby Watch begins in earnest today as Kate Middleton was reportedly helicoptered to London from her parents' home.

But it still remains to be seen: How will Kate and William decorate the nursery? 

A child who could one day be the future king or queen of England needs a bedroom to match, which is where PoshTots comes in. PoshTots, known for its luxury kids furniture, has the poshest in baby room décor.

We're talking cribs that cost upwards of $5,000, and playhouses that put your old pillow fort to shame.

The company's lavish furnishings have even adorned children's bedrooms of clients such as Julia Roberts, the Trumps, Gwyneth Paltrow, and Heidi Klumaccording to Style Weekly.

We found 10 pieces of PoshTots' luxe furniture that would be sure to please the new prince or princess.

This carriage bed is perfect for a princess.

On a cedar and birch frame, the delicate-crafted carriage bed sits on wheels and comes with a rear box that makes a great changing table and storage unit.

Price: $19,995



The Fantasy Coach is great to play in, and cozy enough to sleep in.

One of PoshTots's most talked-about pieces is reminiscent of Cinderella's stage coach, handcrafted in England of wood and fiberglass. The large interior is more than six feet in diameter.

Price: $47,000



An old-fashioned pram is classic, stylish, and functional.

Kate is known for her elegant style, which will no doubt be adopted by the royal baby. The Silver Cross Balmoral pram has chrome detailing and handpainted pinstripes, which both mom and baby are sure to love.

Price: $4,498



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11 Hotels That Know How To Welcome Guests In Style

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Bora Bora Four Seasons Resort

Bora Bora is a dream destination for many, but getting there is no easy task.

After a 13-hour flight from New York, and an additional hour-long jaunt from Papeete, the capital of French Polynesia, guests are ready for a welcoming arrival.

Those staying at Four Seasons Resort Bora Bora are greeted at the airport and receive a lei before boarding Heinoanoa, a custom (and well-stocked) yacht that ferries visitors to the resort.

Click here to see the hotels with the best arrivals >>

Guests are given a cool mango-juice shooter to enjoy over the strains of traditional music before being shuttled to their overwater bungalow via golf cart.

It is a sublime arrival experience not easily forgotten. And while arrival amenities are nothing new, a select few hotels have gone above and beyond, wowing even the most seasoned travelers. First impressions not only count, they create repeat business, and arrivals have become increasingly representative of a property’s locale, brand and style.

“We have one time and one time only to make a first impression on our guests,” says Rami Sayess, regional vice president at Four Seasons Hotels and Resorts. “If we can give them a little bit extra during the arrival experience, we’ve already begun to make their stay even more special.”

Some places focus on ultra-special indulgences. Leela Palace in Udaipur, India, presents a foot massage and a traditional welcome ceremony, while the Mandarin Oriental Paris can retrieve passengers from the airport by helicopter and glide them to the Issy-les-Moulineaux Heliport, just a short distance from the hotel.

Other experiences are designed for those seeking solitude, like the two-mile journey down a desert mountain road that corkscrews past hidden canyons and stratified plateaus on its way to Amangiri in Canyon Point, Utah. And some hotels, like Park Hyatt Tokyo, keep things simple but no less memorable: The bellmen and staff greet each guest by name upon arrival, even those who have never stayed with them before.

More from Departures:

Amangiri, Canyon Point, Utah

Undetectable from the road, the small sign marking this 600-acre property in Utah’s Grand Staircase is an especially understated welcome.

Guests buzz at the gate for entry, which opens to reveal a dramatic two-mile road that winds past hidden canyons, 5,000-year-old petroglyphs and rust-colored, stratified plateaus through the middle of nowhere toward the magnificent bunker-style resort.

Once there, a series of steps emerge, lit with flickering hurricane lanterns and a single staff member who greets you with sage lemonade and the absence of resort music—replaced instead by the sounds of the surrounding desert. Rooms start at $1,100; 1 Kayenta Rd.; 435-675-3999;amanresorts.com.



andBeyond Xaranna Okavango Delta Camp, Botswana

After a bumpy twin-prop flight over the Kalahari Desert, followed by an amphibious safari mobile trek through the Okavango Delta (home to hippos and black mamba snakes), exhausted guests are welcomed with exceptional soul by Xaranna’s staff members, who sing, drum and dance traditional welcome songs at the front gate.

Cold washcloths and homemade ginger lemonade help refresh visitors before they are escorted to one of nine luxurious tents, complete with plunge pools, at the 61,800-acre wilderness camp. Rooms start at $650; 27-11/809-4300; andbeyondafrica.com.



Beverly Hills Hotel & Bungalows

As visitors pull past this Dorchester Collection hotel’s lush grove of lanky palms to the signature green-and-white-striped porte cochere, a bevy of pink-shirted valets greets the car and assists with luggage.

A quick walk up the long red-carpeted hallway bypasses a "step and repeat," where guests can snap some photos to savor the Hollywood moment (this is the former home of Marilyn Monroe after all) or channel their inner Sean Penn and eschew the whole thing for a discreet arrival in the parking garage. Rooms start at $490; 9641 Sunset Blvd.; 310-276-2251; beverlyhillshotel.com.


 


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Is $1 Million Enough To Retire?

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who wants to be a millionaire australianSteve Vernon, F.S.A., is a consulting research scholar at the Stanford Center on Longevity and president of Rest-of-Life Communications, where he delivers retirement planning workshops. Vernon writes the Money for Life blog for CBS MoneyWatch and is author of Money for Life: Turn Your IRA and 401(k) Into a Lifetime Retirement Paycheck.

The New York Times recently published an article headlined “For Retirees, a Million-Dollar Illusion,” which questioned whether $1 million in savings is enough to retire on, given today’s low interest rates and stock market volatility, the potential for inflation and increased life spans.
 
The article sparked a media frenzy – how could $1 million not be adequate, many people responded – and only served to further depress the majority of Americans with retirement savings of far less than $1 million.
 
So is $1 million enough money to retire on?
 
(MORE: Tool: Retirement Planning Estimator)

Where $1 Million Might Not Be Enough

I’d say the answer is yes, unless perhaps you live in a high-cost area, like New York City or an affluent section of Los Angeles, San Francisco or Washington, D.C.

Even with $1 million, however, you’ll still need to make smart decisions about generating retirement income from your savings and when to claim Social Security benefits.
 
Let me show you how your retirement could work out if you’re part of a married couple who are both 65 and have $1 million in total retirement savings. I’ll also explain how you can retire with less than  $1 million and reduce your anxiety about outliving your money.
 
The first step is to establish how much annual income you really need in retirement.
 
The 80 Percent Rule May Not Hold for You

The Times article cited the often-repeated goal of aiming for a retirement income equal to 80 percent of your pre-retirement income. As this theory goes, you’ll need less than 100 percent of your pre-retirement income because your income taxes will be lower in retirement, you won’t be paying FICA taxes or incurring work-related expenses and you won’t be saving any more for retirement.
 
The story estimated that a couple could piece together an annual retirement income of $61,000 to $71,000 with a $1 million portfolio and Social Security, but said that probably wouldn’t be enough for people accustomed to living on at least $150,000 per year. (That's the median income for the top 10 percent of households, roughly the ranking of a family with $1 million in assets.)
 
(MORE: Are You Saving Enough for Retirement?)

Maybe living on $71,000 or so would be a challenge for readers of The New York Times, but I’m sure many Americans could do just fine on it. The U.S. Department of Labor’s Consumer Expenditure Survey shows that households headed by people age 65 to 74 had an average annual pretax income of $52,521 in 2011.
 
For many people, however, even the 80 percent rule of thumb overestimates how much retirement income you’ll need.
 
That's because you’ll need significantly less income compared to your career years if you’ve paid off your mortgage by the time you retire or shortly thereafter; you’re no longer supporting your kids financially; you won’t be taking expensive vacations each year and you don’t need to buy the latest car or electronic gadget.
 
You might well find that you can get by with a retirement income of 50 to 75 percent of your pre-retirement income.
 
The bottom line: Don’t use general rules of thumb. Estimate your budget for retirement living expenses, based on your circumstances. You might want to use a free online retirement planning calculator, like Fidelity’s Retirement Income Planner or the Employee Benefit Research Institute’s Ballpark E$timate calculator.

Indexing Retirement Income for Inflation

The Times article also repeated another oft-cited rule of thumb – that your retirement income must be fully indexed for inflation.
 
(MORE: The Most Important Thing to Know About Your 401(k))

While inflation should be a concern when planning your retirement, people actually spend less money as they age. For example, according to that Consumer Expenditures Study, households headed by people age 75 and older had an average annual pre-tax income of $32,144 in 2011, significantly below the average for people between 65 and 74.
 
This phenomenon could rationalize arranging for some retirement income that doesn’t increase fully for inflation.
 
How Much $1 Million Could Provide

By my calculations, our hypothetical couple with $1 million and Social Security could generate a total annual retirement income of about $75,000 starting at age 65. That’s well above the current average income for Americans 65 to 74.
 
More than half of that income – 60 percent – could be guaranteed for life, indexed for inflation and not impacted by stock market declines or interest rate volatility.
 
Here’s how the couple could assemble this retirement income:
 
The primary breadwinner would delay claiming Social Security benefits until age 70 using strategies advocated by Dr. John Shoven, director of the Stanford Institute for Economics Policy Research.
 
The breadwinner would “file and suspend” Social Security benefits at age 66, enabling his or her spouse to start receiving Social Security spousal benefits at 66. If you’re unfamiliar with this strategy, read an article I wrote about the file and suspend strategy.
 
The couple would set aside a portion of their retirement savings to withdraw between age 65 and 70.The annual amount withdrawn would cover the Social Security income they would have received beginning at 66 had they chosen to start taking the breadwinner’s Social Security benefits then.
 
The remaining assets from their portfolio would be split in half, with both halves devoted to generating retirement lifetime income starting at 65.
 
Half of this savings would be used to buy low-cost sources of lifetime monthly retirement income guaranteed by well-rated insurers. This pot would be split in half again, divided between an annuity with fixed monthly payments and an inflation-adjusted annuity.
 
If the couple was worried about the possibility that the insurer might go bankrupt, they could limit the purchase amount of each annuity to the amount guaranteed by their state’s guaranty association.
 
They’d invest the other half of their savings in low-cost mutual funds; 60 percent in stocks and 40 percent in bonds. The couple would withdraw roughly 4 percent of the remaining value of assets each year. The resulting retirement income would fluctuate, depending on the performance of the stock and bond markets.
 
Now what if you don’t have $1 million in savings?
 
Income From a $500,000 Portfolio

Well, let’s use the same strategies, but assume the couple has a $500,000 retirement portfolio.
 
By my calculations, they could generate a total retirement income of about $52,500 a year at 65, which is roughly equal to the average income for Americans in this age group. More than three-fourths of this income would be guaranteed and indexed for inflation.
 
And here’s another possible scenario: Let’s assume the couple will work part-time until age 70; have $500,000 in retirement savings that they won’t touch until they’re 70 and will still use the file and suspend strategy to start the spouse’s Social Security benefits at 66. (This example presumes they’ll be healthy enough to keep working and that they’ll be able to find part-time jobs.)
 
By my calculations, this couple would have a total retirement income of about $60,000 a year starting at age 70, with more than two-thirds of the money guaranteed and indexed for inflation.
 
So it is possible to retire with $1 million in savings – or even with half that amount.
 
By the way, the same strategies I’ve mentioned could be used for singles to achieve similar results.
 
P.S. Want to check my numbers?  Here are my assumptions:

  • Social Security income for the primary breadwinner would be $2,000 per month starting at age 66, the program’s “Full Retirement Age.” This amount is representative for benefits received by today’s 65-year-olds who’ve long earned around $75,000 per year, adjusted for wage inflation.
  • The non-primary breadwinning spouse wouldn't be entitled to his or her own Social Security benefits due to the small number of years working. (A spouse who had earned Social Security benefits would only improve the results).
  • Annuities would be purchased using a competitive bidding service. Their rates appear in a retirement income scorecard article I recently wrote.
  • The retirement savings used to replace Social Security benefits from age 65 to 70 would earn an amount of interest equal to the inflation rate.

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16 Questions That Might Tell You Whether You're A Sociopath

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sociopath

A new book called "Confessions of a Sociopath; A Life Spent Hiding in Plain Sight, written by pseudonymous author M.E. Thomas, describes what it's like to be a sociopath — someone who lacks the ability to feel or sympathize with others.

Sociopaths can be sexy and beguiling; they take risks the rest of us don't and come across as bold and exciting. Socially, they are often leaders, the life and soul of the party.

[Answer these questions to see if you're a sociopath]

The downside is that they regard others to be used, don't feel sympathy, empathy or guilt, and are often one step away from becoming what psychologists used to call psychopaths: criminally vindictive types whose only motivation is to take advantage of weaker people.

In her book, Thomas describes many disturbing episodes from her own life, including the time she let a baby possum drown in her swimming pool because she couldn't be bothered to fish it out with the net. In another chapter, she describes a recurring dream in which she kills her father with her bare hands — because she hates him.

Thomas is also a successful law professor, has children, and teaches Sunday school. Or so she says — grandiose lying is one of the characteristics of being a sociopath.

Psychologists have changed the diagnostic definition of sociopathy several times over the decades. It used to be called being a "psychopath." Sociopath is the newer term. More recently, the Diagnostic and Statistical Manual of Mental Disorders, Fourth Edition has renamed the condition "Antisocial Personality Disorder" and reduced it to seven main characteristics.

However, the first researcher to name the concept of psychopathy was Dr. Hervey Cleckley, who published a book titled "The Mask of Sanity" in 1941, Thomas writes.

Cleckley noted that psychopathy was difficult to diagnose precisely because it presents itself without the obvious symptoms of mental disorder. Psychopaths and sociopaths are often a bit too rational.

In her new book, Thomas says Cleckley's 16 behavioral characteristics hit home. "Nowhere else have I recognized the sociopath inside me more than in Cleckley's clinical profiles," she writes.

Here are Cleckley's 16 characteristics. Ask yourself if they apply to you.

1. Are you superficially charming and intelligent?

For sociopaths, the answer to this question is yes.



2. Do you have delusions or other signs of irrational thinking?

For sociopaths, the answer is no. They're super-rational, coldly so.



3. Are you overly nervous, or do you have other neuroses?

Sociopaths are rarely nervous or anxious. They aren't scared of risk.



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15 Videos That Show The GoPro Camera Is Changing The Way We See The World

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Best GoProThe GoPro camera has revolutionized the way that people capture the world around them.

The ultralight and portable device provides an easy way to record amazing, high definition images, and has become the standard for many video producers as a cheap alternative to buying or renting expensive camera equipment. 

With three different versions of their newest HERO 3 model available ranging from $199.99 - $399.99, virtually anyone can shoot crisp, first-person HD footage of their favorite activities.

Here are 15 of some of the best GoPro videos out there that illustrate how this camera is changing the way that we see the world. 

This is what it looks like plummeting to Earth as the first human to reach supersonic speed. From Felix Baumgartner's point of view:

 

Video by redbull



You can achieve some pretty amazing effects for cheap.

Video by jeremiahjw

Check out how to create the "Matrix Effect"



Check out the view from near space! (80,000 ft.)

Video by XtremeVideo



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The Vitamin Myth: Why We Think We Need Supplements

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Pills Vitamins Money

On October 10, 2011, researchers from the University of Minnesota found that women who took supplemental multivitamins died at rates higher than those who didn't. Two days later, researchers from the Cleveland Clinic found that men who took vitamin E had an increased risk of prostate cancer. "It's been a tough week for vitamins," said Carrie Gann of ABC News.

These findings weren't new. Seven previous studies had already shown that vitamins increased the risk of cancer and heart disease and shortened lives. Still, in 2012, more than half of all Americans took some form of vitamin supplements. What few people realize, however, is that their fascination with vitamins can be traced back to one man. A man who was so spectacularly right that he won two Nobel Prizes and so spectacularly wrong that he was arguably the world's greatest quack.

When Albert Einstein was asked what he thought of Pauling's work, he shrugged his shoulders. "It was too complicated for me."

In 1931, Linus Pauling published a paper in the Journal of the American Chemical Society titled "The Nature of the Chemical Bond." Before publication, chemists knew of two types of chemical bonds: ionic, where one atom gives up an electron to another; and covalent, where atoms share electrons. Pauling argued that it wasn't that simple -- electron sharing was somewhere between ionic and covalent. Pauling's idea revolutionized the field, marrying quantum physics with chemistry. His concept was so revolutionary in fact that when the journal editor received the manuscript, he couldn't find anyone qualified to review it. When Albert Einstein was asked what he thought of Pauling's work, he shrugged his shoulders. "It was too complicated for me," he said. For this single paper, Pauling received the Langmuir Prize as the most outstanding young chemist in the United States, became the youngest person elected to the National Academy of Sciences, was made a full professor at Caltech, and won the Nobel Prize in Chemistry. He was 30 years old.

In 1949, Pauling published a paper in Science titled "Sickle Cell Anemia, a Molecular Disease." At the time, scientists knew that hemoglobin (the protein in blood that transports oxygen) crystallized in the veins of people with sickle-cell anemia, causing joint pain, blood clots, and death. But they didn't know why. Pauling was the first to show that sickle hemoglobin had a slightly different electrical charge -- a quality that dramatically affected how the hemoglobin reacted with oxygen. His finding gave birth to the field of molecular biology.

In 1951, Pauling published a paper in the Proceedings of the National Academy of Sciences titled "The Structure of Proteins." Scientists knew that proteins were composed of a series of amino acids. Pauling proposed that proteins also had a secondary structure determined by how they folded upon themselves. He called one configuration the alpha helix -- later used by James Watson and Francis Crick to explain the structure of DNA.

At least 15 studies have now shown that vitamin C doesn't treat the common cold.

In 1961, Pauling collected blood from gorillas, chimpanzees, and monkeys at the San Diego Zoo. He wanted to see whether mutations in hemoglobin could be used as a kind of evolutionary clock. Pauling showed that humans had diverged from gorillas about 11 million years ago, much earlier than scientists had suspected. A colleague later remarked, "At one stroke he united the fields of paleontology, evolutionary biology, and molecular biology."

Pauling's accomplishments weren't limited to science. Beginning in the 1950s -- and for the next forty years -- he was the world's most recognized peace activist. Pauling opposed the internment of Japanese Americans during World War II, declined Robert Oppenheimer's offer to work on the Manhattan Project, stood up to Senator Joseph McCarthy by refusing a loyalty oath, opposed nuclear proliferation, publicly debated nuclear-arms hawks like Edward Teller, forced the government to admit that nuclear explosions could damage human genes, convinced other Nobel Prize winners to oppose the Vietnam War, and wrote the best-selling book No More War! Pauling's efforts led to the Nuclear Test Ban Treaty. In 1962, he won the Nobel Peace Prize -- the first person ever to win two unshared Nobel Prizes.

In addition to his election to the National Academy of Sciences, two Nobel Prizes, the National Medal of Science, and the Medal for Merit (which was awarded by the president of the United States), Pauling received honorary degrees from Cambridge University, the University of London, and the University of Paris. In 1961, he appeared on the cover of Time magazine's Men of the Year issue, hailed as one of the greatest scientists who had ever lived.

Then all the rigor, hard work, and hard thinking that had made Linus Pauling a legend disappeared. In the words of a colleague, his "fall was as great as any classic tragedy."

"He wrote that if I followed his recommendation of taking 3,000 milligrams of vitamin C, I would live not only 25 years longer, but probably more."

The turning point came in March 1966, when Pauling was 65 years old. He had just received the Carl Neuberg Medal. "During a talk in New York City," recalled Pauling, "I mentioned how much pleasure I took in reading about the discoveries made by scientists in their various investigations of the nature of the world, and stated that I hoped I could live another twenty-five years in order to continue to have this pleasure. On my return to California I received a letter from a biochemist, Irwin Stone, who had been at the talk. He wrote that if I followed his recommendation of taking 3,000 milligrams of vitamin C, I would live not only 25 years longer, but probably more." Stone, who referred to himself as Dr. Stone, had spent two years studying chemistry in college. Later, he received an honorary degree from the Los Angeles College of Chiropractic and a "PhD" from Donsbach University, a non-accredited correspondence school in Southern California.

Pauling followed Stone's advice. "I began to feel livelier and healthier," he said. "In particular, the severe colds I had suffered several times a year all my life no longer occurred. After a few years, I increased my intake of vitamin C to ten times, then twenty times, and then three hundred times the RDA: now 18,000 milligrams per day."

From that day forward, people would remember Linus Pauling for one thing: vitamin C.

In 1970, Pauling published Vitamin C and the Common Cold, urging the public to take 3,000 milligrams of vitamin C every day (about 50 times the recommended daily allowance). Pauling believed that the common cold would soon be a historical footnote. "It will take decades to eradicate the common cold completely," he wrote, "but it can, I believe, be controlled entirely in the United States and some other countries within a few years. I look forward to witnessing this step toward a better world." Pauling's book became an instant best seller. Paperback versions were printed in 1971 and 1973, and an expanded edition titled Vitamin C, the Common Cold and the Flu, published three years later, promised to ward off a predicted swine flu pandemic. Sales of vitamin C doubled, tripled, and quadrupled. Drugstores couldn't keep up with demand. By the mid-1970s, 50 million Americans were following Pauling's advice. Vitamin manufacturers called it "the Linus Pauling effect."

Scientists weren't as enthusiastic. On December 14, 1942, about thirty years before Pauling published his first book, Donald Cowan, Harold Diehl, and Abe Baker, from the University of Minnesota, published a paper in the Journal of the American Medical Association titled "Vitamins for the Prevention of Colds." The authors concluded, "Under the conditions of this controlled study, in which 980 colds were treated . . . there is no indication that vitamin C alone, an antihistamine alone, or vitamin C plus an antihistamine have any important effect on the duration or severity of infections of the upper respiratory tract."

When he occasionally appeared before the media with obvious cold symptoms, he said he was suffering from allergies.

Other studies followed. After Pauling's pronouncement, researchers at the University of Maryland gave 3,000 milligrams of vitamin C every day for three weeks to eleven volunteers and a sugar pill (placebo) to ten others. Then they infected volunteers with a common cold virus. All developed cold symptoms of similar duration. At the University of Toronto, researchers administered vitamin C or placebo to 3,500 volunteers. Again, vitamin C didn't prevent colds, even in those receiving as much as 2,000 milligrams a day. In 2002, researchers in the Netherlands administered multivitamins or placebo to more than 600 volunteers. Again, no difference. At least 15 studies have now shown that vitamin C doesn't treat the common cold. As a consequence, neither the FDA, the American Academy of Pediatrics, the American Medical Association, the American Dietetic Association, the Center for Human Nutrition at the Johns Hopkins Bloomberg School of Public Health, nor the Department of Health and Human Services recommend supplemental vitamin C for the prevention or treatment of colds.

Although study after study showed that he was wrong, Pauling refused to believe it, continuing to promote vitamin C in speeches, popular articles, and books. When he occasionally appeared before the media with obvious cold symptoms, he said he was suffering from allergies.

Then Linus Pauling upped the ante. He claimed that vitamin C not only prevented colds; it cured cancer.

In 1971, Pauling received a letter from Ewan Cameron, a Scottish surgeon from a tiny hospital outside Glasgow. Cameron wrote that cancer patients who were treated with ten grams of vitamin C every day had fared better than those who weren't. Pauling was ecstatic. He decided to publish Cameron's findings in the Proceedings of the National Academy of Sciences (PNAS). Pauling assumed that as a member of the academy he could publish a paper in PNAS whenever he wanted; only three papers submitted by academy members had been rejected in more than half a century. Pauling's paper was rejected anyway, further tarnishing his reputation among scientists. Later, the paper was published in Oncology, a journal for cancer specialists. When researchers evaluated the data, the flaw became obvious: the cancer victims Cameron had treated with vitamin C were healthier at the start of therapy, so their outcomes were better. After that, scientists no longer took Pauling's claims about vitamins seriously.

In 1971, he declared that vitamin C would cause a 10 percent decrease in deaths from cancer.

But Linus Pauling still had clout with the media. In 1971, he declared that vitamin C would cause a 10 percent decrease in deaths from cancer. In 1977, he went even further. "My present estimate is that a decrease of 75 percent can be achieved with vitamin C alone," he wrote, "and a further decrease by use of other nutritional supplements." With cancer in their rearview mirror, Pauling predicted, Americans would live longer, healthier lives. "Life expectancy will be 100 to 110 years," he said, "and in the course of time, the maximum age might be 150 years."

Cancer victims now had reason for hope. Wanting to participate in the Pauling miracle, they urged their doctors to give them massive doses of vitamin C. "For about seven or eight years, we were getting a lot of requests from our families to use high-dose vitamin C," recalls John Maris, chief of oncology and director of the Center for Childhood Cancer Research at the Children's Hospital of Philadelphia. "We struggled with that. They would say, 'Doctor, do you have a Nobel Prize?' "

Blindsided, cancer researchers decided to test Pauling's theory. Charles Moertel, of the Mayo Clinic, evaluated 150 cancer victims: half received ten grams of vitamin C a day and half didn't. The vitamin C-treated group showed no difference in symptoms or mortality. Moertel concluded, "We were unable to show a therapeutic benefit of high-dose vitamin C." Pauling was outraged. He wrote an angry letter to the New England Journal of Medicine, which had published the study, claiming that Moertel had missed the point. Of course vitamin C hadn't worked: Moertel had treated patients who had already received chemotherapy. Pauling claimed that vitamin C worked only if cancer victims had received no prior chemotherapy.

Bullied, Moertel performed a second study; the results were the same. Moertel concluded, "Among patients with measurable disease, none had objective improvement. It can be concluded that high-dose vitamin C therapy is not effective against advanced malignant disease regardless of whether the patient had received any prior chemotherapy." For most doctors, this was the end of it. But not for Linus Pauling. He was simply not to be contradicted. Cameron observed, "I have never seen him so upset. He regards the whole affair as a personal attack on his integrity." Pauling thought Moertel's study was a case of "fraud and deliberate misrepresentation." He consulted lawyers about suing Moertel, but they talked him out of it.

Subsequent studies have consistently shown that vitamin C doesn't treat cancer.

"The thing to do with [these reports] is just ride them out ... We see no impact on our business."

Pauling wasn't finished. Next, he claimed that vitamin C, when taken with massive doses of vitamin A (25,000 international units) and vitamin E (400 to 1,600 IU), as well as selenium (a basic element) and beta-carotene (a precursor to vitamin A), could do more than just prevent colds and treat cancer; they could treat virtually every disease known to man. Pauling claimed that vitamins and supplements could cure heart disease, mental illness, pneumonia, hepatitis, polio, tuberculosis, measles, mumps, chickenpox, meningitis, shingles, fever blisters, cold sores, canker sores, warts, aging, allergies, asthma, arthritis, diabetes, retinal detachment, strokes, ulcers, shock, typhoid fever, tetanus, dysentery, whooping cough, leprosy, hay fever, burns, fractures, wounds, heat prostration, altitude sickness, radiation poisoning, glaucoma, kidney failure, influenza, bladder ailments, stress, rabies, and snakebites. When the AIDS virus entered the United States in the 1970s, Pauling claimed vitamins could treat that, too.

On April 6, 1992, the cover of Time -- rimmed with colorful pills and capsule -- declared: "The Real Power of Vitamins: New research shows they may help fight cancer, heart disease, and the ravages of aging." The article, written by Anastasia Toufexis, echoed Pauling's ill-founded, disproved notions about the wonders of megavitamins. "More and more scientists are starting to suspect that traditional medical views of vitamins and minerals have been too limited," wrote Toufexis. "Vitamins -- often in doses much higher than those usually recommended -- may protect against a host of ills ranging from birth defects and cataracts to heart disease and cancer. Even more provocative are glimmerings that vitamins can stave off the normal ravages of aging." Toufexis enthused that the "pharmaceutical giant Hoffman-La Roche is so enamored with beta-carotene that it plans to open a Freeport, Texas, plant next year that will churn out 350 tons of the nutrient annually, or enough to supply a daily 6 milligram capsule to virtually every American adult."

Pauling believed that vitamins and supplements had one property that made them cure-alls, a property that continues to be hawked on everything from ketchup to pomegranate juice and that rivals words like natural and organic for sales impact:antioxidant.

The National Nutritional Foods Association (NNFA), a lobbying group for vitamin manufacturers, couldn't believe its good luck, calling the Time article "a watershed event for the industry." As part of an effort to get the FDA off their backs, the NNFA distributed multiple copies of the magazine to every member of Congress. Speaking at an NNFA trade show later in 1992, Toufexis said, "In fifteen years at Time I have written many health covers. But I have never seen anything like the response to the vitamin cover. It whipped off the sales racks, and we were inundated with requests for copies. There are no more copies. 'Vitamins' is the number-one-selling issue so far this year."

Although studies had failed to support him, Pauling believed that vitamins and supplements had one property that made them cure-alls, a property that continues to be hawked on everything from ketchup to pomegranate juice and that rivals words likenatural and organic for sales impact: antioxidant.

Antioxidation vs. oxidation has been billed as a contest between good and evil. The battle takes place in cellular organelles called mitochondria, where the body converts food to energy, a process that requires oxygen and so is called oxidation. One consequence of oxidation is the generation of electron scavengers called free radicals (evil). Free radicals can damage DNA, cell membranes, and the lining of arteries; not surprisingly, they've been linked to aging, cancer, and heart disease. To neutralize free radicals, the body makes its own antioxidants (good). Antioxidants can also be found in fruits and vegetables -- specifically, selenium, beta-carotene, and vitamins A, C, and E. Studies have shown that people who eat more fruits and vegetables have a lower incidence of cancer and heart disease and live longer. The logic is obvious: if fruits and vegetables contain antioxidants -- and people who eat lots of fruits and vegetables are healthier -- then people who take supplemental antioxidants should also be healthier.

In fact, they're less healthy.

In 1994, the National Cancer Institute, in collaboration with Finland's National Public Health Institute, studied 29,000 Finnish men, all long-term smokers more than fifty years old. This group was chosen because they were at high risk for cancer and heart disease. Subjects were given vitamin E, beta-carotene, both, or neither. The results were clear: those taking vitamins and supplements were more likely to die from lung cancer or heart disease than those who didn't take them -- the opposite of what researchers had anticipated.

In 1996, investigators from the Fred Hutchinson Cancer Research Center, in Seattle, studied 18,000 people who, because they had been exposed to asbestos, were at increased risk of lung cancer. Again, subjects received vitamin A, beta-carotene, both, or neither. Investigators ended the study abruptly when they realized that those who took vitamins and supplements were dying from cancer and heart disease at rates 28 and 17 percent higher, respectively, than those who didn't.

In 2004, researchers from the University of Copenhagen reviewed fourteen randomized trials involving more than 170,000 people who took vitamins A, C, E, and beta-carotene to see whether antioxidants could prevent intestinal cancers. Again, antioxidants didn't live up to the hype. The authors concluded, "We could not find evidence that antioxidant supplements can prevent gastrointestinal cancers; on the contrary, they seem to increase overall mortality." When these same researchers evaluated the seven best studies, they found that death rates were 6 percent higher in those taking vitamins.

In 2005, researchers from Johns Hopkins School of Medicine evaluated nineteen studies involving more than 136,000people and found an increased risk of death associated with supplemental vitamin E. Dr. Benjamin Caballero, director of the Center for Human Nutrition at the Johns Hopkins Bloomberg School of Public Health, said, "This reaffirms what others have said. The evidence for supplementing with any vitamin, particularly vitamin E, is just not there. This idea that people have that [vitamins] will not hurt them may not be that simple." That same year, a study published in the Journal of the American Medical Association evaluated more than 9,000 people who took high-dose vitamin E to prevent cancer; those who took vitamin E were more likely to develop heart failure than those who didn't.

In 2007, researchers from the National Cancer Institute examined 11,000 men who did or didn't take multivitamins. Those who took multivitamins were twice as likely to die from advanced prostate cancer.

In 2008, a review of all existing studies involving more than 230,000 people who did or did not receive supplemental antioxidants found that vitamins increased the risk of cancer and heart disease.

On October 10, 2011, researchers from the University of Minnesota evaluated 39,000 older women and found that those who took supplemental multivitamins, magnesium, zinc, copper, and iron died at rates higher than those who didn't. They concluded, "Based on existing evidence, we see little justification for the general and widespread use of dietary supplements."

Two days later, on October 12, researchers from the Cleveland Clinic published the results of a study of 36,000 men who took vitamin E, selenium, both, or neither. They found that those receiving vitamin E had a 17 percent greater risk of prostate cancer. In response to the study, Steven Nissen, chairman of cardiology at the Cleveland Clinic, said, "The concept of multivitamins was sold to Americans by an eager nutraceutical industry to generate profits. There was never any scientific data supporting their usage." On October 25, a headline in the Wall Street Journal asked, "Is This the End of Popping Vitamins?" Studies haven't hurt sales. In 2010, the vitamin industry grossed $28 billion, up 4.4 percent from the year before. "The thing to do with [these reports] is just ride them out," said Joseph Fortunato, chief executive of General Nutrition Centers."We see no impact on our business."

How could this be? Given that free radicals clearly damage cells -- and given that people who eat diets rich in substances that neutralize free radicals are healthier -- why did studies of supplemental antioxidants show they were harmful? The most likely explanation is that free radicals aren't as evil as advertised. Although it's clear that free radicals can damage DNA and disrupt cell membranes, that's not always a bad thing. People need free radicals to kill bacteria and eliminate new cancer cells. But when people take large doses of antioxidants, the balance between free radical production and destruction might tip too much in one direction, causing an unnatural state in which the immune system is less able to kill harmful invaders. Researchers have called this "the antioxidant paradox." Whatever the reason, the data are clear: high doses of vitamins and supplements increase the risk of heart disease and cancer; for this reason, not a single national or international organization responsible for the public's health recommends them.

In May 1980, during an interview at Oregon State University, Linus Pauling was asked, "Does vitamin C have any side effects on long-term use of, let's say, gram quantities?" Pauling's answer was quick and decisive. "No," he replied.

Seven months later, his wife was dead of stomach cancer. In 1994, Linus Pauling died of prostate cancer.

This is an excerpt from Do You Believe in Magic? The Sense and Nonsense of Alternative Medicine.

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14 Ways To Enjoy New York City's Swankiest Spots For Free (Or Cheap)

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Jean Georges restaurant in NYC

New York may be one of the most expensive cities in the world, but many people don't realize that it's entirely possible to enjoy even the city's swankiest spots for free or cheap.

From a subterranean food court inside the Plaza Hotel to little-known lunch deals at some of the city's best restaurants, here are 14 ways to enjoy New York City's fanciest venues without spending a fortune.

Jean-Georges is known as one of the best restaurants in New York City, but a meal there can cost hundreds of dollars — except at lunch, when there's a $38 price-fixed menu, one of the best deals in the city.

Learn more about Jean-Georges restaurant >



Each year, millions of visitors pass through the Metropolitan Museum of Art and pay the full admission price of $25. But many people don't realize that admission is "suggested." (It actually costs as little as a penny to enter the museum.) The best time to visit is on a Saturday night, when the museum is open late and has live music without the crowds.

Read more about the Met >



Located in the basement of the Plaza Hotel, the Plaza Food Hall is home to dozens of food vendors selling everything from sushi to macarons at (relatively) affordable prices.

Read more about the Plaza Food Hall >



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