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Since the inception of "the media", (post-WW2), what has this so-called 'industry' actually contributed to the national gross product?

I've been madly in love with Paul McCartney ever since I was a little girl. He's the only creative hero who's stood the test of time for me, because as his music grew less magical, his personal life grew more so. Alone in the rock firmament, he adored his wife, raised healthy uncrazy kids, picked himself up after the public embarrassment of a disastrous marriage and energetically recommitted himself to music, his fans and new love. What a man! And now for the first time in all these decades, he's made me quite sick. A man who's commanded a megaphone...

White House blames unexpectedly soft housing market Prediction on inflation shows improvement as energy prices plummet A slowdown in the United States housing market has driven the White House to lower its forecast for economic growth for this year and next. "The housing market, as you know. has been hit harder than most of us had expected," Edward Lazear, chairman of the White House Council of Economic Advisers, told reporters during a conference call yesterday. He predicted the worst of that decline could be over by the first quarter, if it isn't already. "Whether it's bottomed out now is still...

S. Korea: Huge Conservative Rally Is Back On Sept. 2, there was a huge rally organized by conservative groups. Veteran's organizations and Protestant church groups made up the back bone of the rally. It was to oppose government's hasty drive to dismantle joint wartime command, which was on the N. Korea's longtime wish list. What is noticeable this time is that sizable number of opposition conservative lawmakers joined the rally. In the past, only a couple of lawmakers attended. This time some two dozen showed up. Presidential hopeful, Park Geun-hye, the former head of opposition Grand National Party, and Lee...

The left figure shows the electoral breakdown for 2004 national legislative election in northern part of Seoul. The ruling party did particularly well in this part of Seoul. Yellow represents the ruling party's gain and blue, the conservative opposition. In that contest, two thirds of legislative districts in entire Seoul went for the ruling party. Legislative districts are subdivision of an administrative district. The right figures show administrative districts which went for the opposition in Seoul's mayoral contest. The average margin for victory is over 2:1 in favor of the conservative opposition. Additionally, the opposition had the clean sweep of...

Opposition looks to landslide in S.Korea elections By Jack Kim Mon May 29, 7:14 AM ET South Korea's opposition Grand National Party (GNP) appears headed for a landslide victory in local elections on Wednesday, suggesting an electoral shift to the right ahead of next year's vote for the presidency. The vote for nearly 3,900 posts is unlikely to affect South Korea's economic and national security policies, but it will be watched closely by both neighbors and Washington as a barometer of support for President Roh Moo-hyun and the ruling Uri Party. South Korea and the United States, Seoul's most important...

(Seoul) - Main opposition leader Park Geun-hye was in stable condition Sunday after an assailant slashed her face with a box cutter on the campaign trail in Seoul a day earlier. Park sustained an 11-cm long cut to her face from ear to jaw that required 60 stitches and two hours of surgery, officials at Yonsei University's Severance Hospital in Seoul said. They predict it will be several months before the Grand National party chairwoman can speak normally again. Grand National Party chairwoman Park Geun-hye reacts after being attacked with a box cutter during a campaign for the local...

DC Watson on reality and dhimmi wishful thinking: The warnings came for decades. The threats of Islamic terrorism in the West, once thought to be empty, have become all too real for everyone living in the civilized world. While it is absolutely appropriate for Westerners to practice tolerance of immigrants, Islamic migrants, not all but many, bring with them a duty to participate in Muhammad’s fantasy of an Islamic planet earth. There is no sense in wasting time trying to “change the mindset” of this culture. They are a driven people. Driven by a backward, racist, sexist ideology, directed by...

"A system of conservation based solely on economic self-interest is hopelessly lopsided. It tends to ignore, and thus eventually eliminate, many elements in the land community that lack commercial value, but that are (as far as we know) essential to its healthy functioning." - Aldo Leopold Economic growth is an increase in the production and consumption of goods and services and is a function of population and consumption, per capita. Economists measure growth by assessing a country's gross domestic product, the annual sum of goods and services produced and purchased in the nation, or by gross national product, which is...

<p>Woe is me. The last hope Democrats had of winning in 2004 has vanished. Those nasty "tax cuts for the rich" have just boosted the GNP by 7.3 percent in the last quarter ("Bush boom," Oct. 31.") Unemployment is going down, and employers are starting to rehire.</p>

Democrats and the Kennedys are once again proving to be hypocrite fools suffering from the famous case of liberal amnesia. The controversy this time stems from John F. Kennedy in advertisements that support President Bush's new tax cut plan. Senator Ted Kennedy is fuming over JFK's name and image being used to support tax cuts, something he vehemently opposes. These ads in question compare the massive tax cuts of JFK to those of Reagan and Bush, and rightfully so. This ordeal is only a small part of the larger problem; that modern day Democrats and socialists have hijacked the good...

Throughout the tumult of the elections last year political commentators were perplexed by a stubborn fact. The economy was performing splendidly, at least according to the standard measurements. Productivity and employment were up; inflation was under control. The World Economic Forum, in Switzerland, declared that the United States had regained its position as the most competitive economy on earth, after years of Japanese dominance. The Clinton Administration waited expectantly, but the applause never came. Voters didn't feel better, even though economists said they should. The economy as economists define it was booming, but the individuals who compose it--or a great...