Saturday, November 15, 2008

Unhappy people watch more tv

This should come as good news to the entertainment industry in face of current economic conditions. The article from the Live Science can be found here.
The scary thing the article points out is that "happy people reported watching an average of 19 hours of television per week"!

Just for a quick update on our current financial situation:



US China
GDP
13.78 7.09
GDP real growth rate
2.00% 11.90%
Unemployment
4.60% 4.00%
Public Debt as a % of GDP
60.80% 18.40%

These figures are taken from the CIA World Factbook on 11/15/2008. These of course are not the most recent figures since the BLS has unemployment for the US currently at 6.5%. Also just a note, GDP is in trillions of dollars. This of course does not reflect the huge increase in debt that the US has taken on in the past few months.

Posted by Todd C. at 2:00 PM 0 comments

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"Perhaps your grip on reality is not quite as firm as you might have hoped" - Todd Connelly


"They that can give up essential liberty to purchase a little temporary safety, deserve neither liberty nor safety." - Benjamin Franklin

Words are chameleons, which reflect the color of their environment. -Learned Hand, jurist (1872-1961)

What does all of this do to the best minds among the students? Most of them endure their college years with the teeth-clenched determination of serving out a jail sentence. The psychological scars they acquire in the process are incalculable. But they struggle as best they can to preserve their capacity to think, sensing dimly that the essence of the torture is an assault on their mind. And what they feel toward their school ranges from mistrust to resentment to contempt to hatred – intertwined with a sense of exhaustion and excruciating boredom.

--Ayn Rand Capitalism: The Unknown Ideal