Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: chartseer who wrote (83649)	5/9/2010 11:20:23 AM
From: lorne	2 Recommendations Read Replies (1) \| Respond to of 224748

Chartseer...Wow you got some of the big guys paying attention to you... Bernanke: Don't worry, be happy Federal Reserve chairman Bernanke tells college graduates: money can't buy you happiness AP Economics Writer May 8, 2010 wnd.com WASHINGTON (AP) — Your parents were right. Money can't buy you happiness. That was the message from the Federal Reserve chairman on Saturday to graduates of the University of South Carolina. "We all know that getting a better-paying job is one of the main reasons to go to college. ... But if you are ever tempted to go into a field or take a job only because the pay is high and for no other reason, be careful!" Ben Bernanke said in his commencement address. "Having a larger income is exciting at first, but as you get used to your new standard of living and as you associate with other people in your new income bracket, the thrill quickly wears off," he said. The Fed released his prepared remarks before he gave the speech. Studies found that just six months after winning a large lottery prize — even in the million of dollars — people reported being not much happier than they were before winning, Bernanke said. Bernanke's advice blended what economics and social science have to say about personal happiness. When you boil down all the studies and fancy formulas, it sounds a lot like what your parents told you. Other findings: Happy people tend to spend time with friends and family. Happy people tend to do what they love for a living or a hobby. Happy people tend to feel in control of their lives. Happiness research is useful for policymakers, too, Bernanke said. The Fed's goals include promoting economic growth and employment. Richer countries tend to report higher levels of satisfaction because they tend to be healthier, have more leisure time to pursue hobbies and have more interesting work, Bernanke pointed out. Richer countries tend to have few citizens in deep poverty, he added. Sometimes being unhappy is a good thing. "It is possible that doing the ethical thing will make you feel, well, unhappy," Bernanke told the graduates. "In the long run, though, it is essential for a well-balanced and satisfying life."

To: chartseer who wrote (83649)	5/9/2010 2:16:52 PM
From: FJB	2 Recommendations Respond to of 224748

Meanwhile, In Nashville - IBD (From LindyBill) Media: What does it say when 11 men who perish on an exploding oil platform, or 30 poor souls who die in a 1,000-year Tennessee flood, get less coverage than two oil-soaked birds? It says news is driven from the left. It is to the credit of the one media outlet that reported the paparazzi-like scrums of reporters trailing rescue workers as they tried to clean off one oil-soaked gannet caught in the oil spill off Louisiana waters after a rig exploded in the Gulf on April 20. Not only did the U.S. and European media obsess breathlessly about the bird, and later about a brown pelican that followed, they seemed to be panting for more. That's because birds are convenient tools for driving the radical green agenda to halt all oil drilling. TV media and the national papers pounded the bird story because it served a political purpose. It's getting obvious that that's the pattern: A parallel example is in the media coverage of combat deaths in Afghanistan. During the Bush years, the media reported deaths of soldiers daily because it advanced an anti-war agenda. With President Obama now at the helm, they've dropped coverage. A look at the Los Angeles Times' oil spill coverage, for one, shows birds featured daily in its blog and paper while the 11 oil platform workers have barely registered. On the blog, the news of the deaths wasn't acknowledged until May 5, eight days after the workers' employer identified them in a memorial Web site. Is this important? Yes. Regardless of the worries about the birds, the workers' deaths are more tragic and have more implications for society. But as people, they hardly serve an agenda. The bird obsession looks even worse when one looks north to the flooding that's engulfed two-thirds of Tennessee and its neighbors in a natural environmental disaster. On May 1, the region suffered its biggest floods in 500 years. Nashville was almost underwater. The death toll continues to climb. The regional economy will take a $1.5 billion hit. The Associated Press has done some excellent team coverage of these events, but it hasn't been featured much in national news, nor in major newspapers. Tennessee's floods made a single-column story on the last page of section of the May 6 L.A. Times. It's a shame to see these stories buried. The news reflects the values of the media outlets, and unfortunately, a radical agenda drives it. That's not reflective of what matters in the real America out there, however, and goes to show a disconnect between what's important to readers and what matters to the left.