More and more people are watching entertainment on their phones. On a plane or on a train, or whatever, you see people with their headphones and they're looking at their iPhone or their Galaxy. You're reducing a medium that's meant to be seen on your 65-inch plasma screen at home for your 4-inch monitor on the train. People are ready to do either, and the content has to work on both.
We've been in a recession, by any common sense definition, because if you look at the American public, they've got 20 billion - 20 trillion, I should say, worth of residential homes.
Even though some down payments are borrowed, it would take a large, and historically most unusual, fall in home prices to wipe out a significant part of home equity. Many of those who purchased their residence more than a year ago have equity buffers in their homes adequate to withstand any price decline other than a very deep one.
The Earth is the only world known so far to harbor life. There is nowhere else, at least in the near future, to which our species could migrate. Visit, yes. Settle, not yet. Like it or not, for the moment the Earth is where we make our stand. It has been said that astronomy is a humbling and character-building experience..... To me, it underscores our responsibility to deal more kindly with one another, and to preserve and cherish the pale blue dot, the only home we've ever known.
One wants never to give up this crystalline perspective. One wants to keep counterpositioning home with what one knows of alternative realities, as they exist in Tunis or Hyderabad. One wants never to forget that nothing here is normal, that the streets are different in Wisebaden, and Louyang, that this is just one of many possible worlds.
The police have enough work to keep them busy regulating automobile traffic, preventing robberies and crimes of violence and helping lost children and little old ladies find their way home. As long as the police confine themselves to such activities they are respected friends of the public. But as soon as they begin inquiring into people's private morals, they become nothing more than armed clergymen.