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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (122537)5/9/2010 8:03:15 AM
From: Pogeu Mahone  Read Replies (1) | Respond to of 132070
 
I found wayne`s scumbag!-s-
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Fed’s advice: Seek joy, not wealth

By Associated Press | Sunday, May 9, 2010 | bostonherald.com | Business & Markets

Photo by AP (file)
Money can’t buy you happiness.

That was the message from the Federal Reserve chairman yesterday 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 . . . 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 millions 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.

“In the long run. . . it is essential for a well-balanced and satisfying life,” Bernanke said.

Article URL: bostonherald.com



To: Knighty Tin who wrote (122537)5/9/2010 5:59:52 PM
From: Skeeter Bug1 Recommendation  Respond to of 132070
 
why did only the bribers and not he bribers get charged with crimes?

trueslant.com

nope, banks don't have undue influence... bernanke says so and he's an "authority." have to believe him.