Elaine Chao

While conventional wisdom has traditionally sided against borrowing from retirement savings, sentiment has shifted toward borrowing from one's own assets with the realization that other forms of credit come at a much higher cost and often are not even available to borrowers with limited means and urgent needs.

We Americans typically are more positive about our individual futures, which we have some control over, than we are the nation's or the world's, which we see largely through the media prism.

Nan Gorman was born in Memphis, Tenn., on St. Patrick's Day. She moved to Hazard in 1929 when her father, James Hagan, a recent medical school graduate and aspiring surgeon, went to work there.