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On one side, the Obama Administration, Capitol Hill Democrats, Wall Street whizzes and budget experts have been wearing out their thesauruses looking up new words for "catastrophe" as they try to explain to the public that failing to raise the $14.3 trillion federal debt limit by Aug. 2 would result in a radically different country on Aug. 3. Read more: http://curiouscapitalist.blogs.time.com/2011/07/19/debt-ceiling-could-a-deal-cost-the-economy-a-million-jobs/#ixzz1SeaCmUlr

By 2019, Generation X - that relatively small cohort born from 1965 to 1978 - will have spent nearly two decades bumping up against a gray ceiling of boomers in senior decision-making jobs. But that will end. Janet Reid, managing partner at Global Lead, a consulting firm that advises companies like PepsiCo and Procter & Gamble, says, "In 2019, Gen X will finally be in charge. And they will make some big changes."

It wasn't too long ago that women began taking sledgehammers to the glass ceilings of corporate America. In the years that followed, women were allowed into the privileged society of male executives, and as they marched up the ladder and commanded high salaries, everyone cheered. Even so, some powerful women wondered what they had gotten into.