At some point during the 2004 primary campaign season, I declared that support for Bush is a character flaw. I remember at that time, some people became angry at what they considered to be me making a broad generalization about Bush supporters, and knowing how I myself hate broad generalizations, thought me to be a hypocrite.
Archive for February, 2006
I heard a new term this week to define the generation of twenties to early thirtysomethings. No longer can we claim a letter of the alphabet (Generation X, Generation Y), nor do we have a full phrase (The Greatest Generation) but we now get one word. We are known as Generation Debt. Unfortunately this is not mortgage debt, but Credit Card debt, Student Loans, Car payments, etc.
Housing costs have increased 26 percent in five years, while income for the Generation Debt has only increase 10 percent. In 1983 the average credit card debt for 25 – 34 year olds, was $3,989. In 2001 it rose to $12,000. Student Loans for college have increased, the average amount for undergrad is $20,000, grad $40,000 and Doctor/Lawyer $100,000.
So what’s the solution? I would have said, have everyone declare bankruptcy, but due to recent legislation this is not feasible. Everyone could live like hermits for a while and move back in with parents. Maybe sell off unnecessary organs? Find a higher paying job? Maybe a fight club solution is in order, or perhaps trying to legislate change. Maybe we should follow the Muslims and ban interest? We could just whine about it, and blame someone else. However we dig ourselves out of this pit, let us up the next generation is wise enough to learn from our mistakes.
For more information on the credit card industry, take a look at this frontline episode. Secret History of the Credit Card
Any bets on what the next Generation will be called?
Men’s Fitness announced Chicago as #1 “fattest” city in the United States. Now how they generate this list, can be debated, but outside of asking everyone who lives in the city to record how over/under weight they are…its as good a method as any. Although measuring the number of Pizza Parlors in a city, seems like an odd stat to track and factor in.
So lets keep Chicago #1, everyone grab another slice of deep dish pizza!
Having recently got back from traveling to Egypt. I thought I would try and clear everything up about these misconceptions, so no one else is caught off guard. First off, their are no mummies chasing after American’s. I did find mummies, but they were long dead, and were not moving. Second, there were no curses. I went into several tombs (including Tut’s) and no one got turned into a duck. Third, Egyptians people walk like everyone else, I was sad when I discovered this one. Fourth, NONE of the pyramids I went into had inclinators, nor contained casinos. Although some pyramids did have casinos near by. Fifth, the sphinx no long has a nose (Thanks Napoleon!), the eye does not blink, it lost its beard (it’s in the British museum) and is not located in Luxor, but near Cairo. Luxor did have a street lined with sphinxes, but most are gone, and are a lot smaller.
Hope that clears everything up!
Pete: So, you know how we have qwerty keyboards, right? Well —
P (Pointing frantically at the keyboard): Q-W-E-R-T-Y
D: Oh! I’ve never heard them called that before…
I need a beer.