PSYCHOLOGY OF POWER

THE PSYCHOLOGY OF POWER

THE ECONOMIST (2010) 1/29/ 75-76

A University in the Netherlands using appropriate research protocols, tested the hypotheses of Lord Acton that  absolute  power corrupts  absolutely. After various strategies were conducted to help respondents feel more or less powerful they found that those who believed to  be powerful gave themselves permission to commit a number illegalities. They felt that only the little people should pay taxes. On the other hand, the powerless were more likely not to forgive themselves and were quickly punished when they did so. Thus one of the foundations of power is hypocrisy. Not only do the powerful feel entitled, but they believe that others should be punished for what they did. In fact, the powerful deserve the best.

ELDER CARE IS CHANGING

U.S NEWS & WORLD REPORT (2010) FEBR.

SARAH BALDAUF

Most don't want to live in institutions. Making it more like home, means that you can drink now if it is okay with your doctor. There are

dances, and good times not usually seen in eldercare. Further, the music is more like the 40's and 50's, There is more time for swimming and using video games. One can have their own computer. If anything some elder homes are now like college dorms of the 70's and onward to date. Seniors have a roommate that is the other sex. Nurses have the hardest time embracing change.

Only a tiny percent of seniors live in homes, but the demographic group appears to be growing. In AGE WAVE (page 20) the Life span of the generation born and died in the 1900's,  was 47.3 years. Today, the span is 78 years. All institutions will be affected by this nearly doubling of the Life Span including the lifestyle changes going on in the senior centers.

BIG BROTHER REALLY IS WATCHING YOU

(FROM THE AMERICAN CONSERVATIVE), REPRINTED IN THE WEEK (2010)1/29/ 14

Since 9/11, the government has made a massive sweep of all the activity that they can of the ordinary citizen. Why? What appears to be an ordinary citizen may become a terrorist or criminal. Do you want liberty or order? It is a balance and most of us prefer order. What does the feds do and what does some private corporations do? 1.) There is wiretaps on all international calls. 2) creates profiles of average citizen not expected of crimes. 3) This is done without judicial oversight. 4.) Private companies turn over reams of information to security forces in the fed. 5.)You can also be followed because you may have on you a GPS in your cell phone or other technology. The NSA has built a secret room in an AT&T center in San Francisco to grab all

internet traffic. The key agencies to get to know is Project Echelon and

Project Herbivore. Incidentally, have you gone to porn sites or sex chat rooms, Google knows and keeps that stuff. Our country is changing.

14/ Vedantam/ COLORISM.

Numerous studies appear to indicate that it's not the content of your character, but the color of your skin. The darker the features, the more likely white folks feel anxious. What is not said is that Anglo features also help. So if you have a  Yankee like nose and face, but are dark  so use bleach crème and you are half way home. IF YOUR BLACK STAY BACK, IF YOUR BROWN STICK AROUND.

ELVIS LIKED  TEEN GIRLS. (44-45) Presley  felt more comfortable around young girls than women. There were  3(all 14 years old) who lived in his hometown and prominent in the fan club. They all came over for pajama parties with him. Each would kiss him as the other two watched. This went on until late. He usually made advances to the point where the girls would ask him to stop which he did, but the advances became a regular part of the foursome. They finally had to leave, because he married 14 year old Priscilla Presley.

OBAMA MERCHANDISE STILL SELLS BUT NOT LIKE A YEAR AGO.

BLOOMBERG BUSINESSWEEK (2010) 2/8

Overseas trade is still very good. It has hit a plateau in the states. (42)

MARKET MOVER- IN- CHIEF (30)

KALWARSKI/KAY

TOP 5 TO MOVE THE MARKET UP  Franklin Roosevelt/Harry Truman/ Barack Obama/Lyndon Johnson/ George Bush 41'

BOTTOM 5 TO PUT THE MARKET IN THE HOLE  Jimmy Carter/Richard Nixon/Herbert Hoover/Ronald Reagan/George Bush 43'

WHICH ECONOMIC THEORY WILL PREVAIL  SINCE THE GREAT RECESSION?

FOROOHAR, RANA

Before the crash, the Neo Classical approach or Reagonomics prevailed. It assumed that the market automatically corrects itself. The no or few regulators were needed. That cutting taxes on the rich would trickle down to the masses. It was the same strategy or similar to the Hoover Administration before the crash of the 30's.

Now the administrations of many countries appear willing to change or appear to want to look as if there has been changes.

Other theories are the Social Democratic/Keynesian theory. They believe that markets do not automatically self correct, people are non-rational,

taxes should be progressive, and that banks and other private producers cheat if they are not monitored. They believe that when there is a panic as readers witness just a year or so ago, you spend money on major economic institutions until folks begin to trust and also have the money to spend.

Cell biology theory. In this view, the world economy is like an eco-system. If one part faces a crisis then other portions are affected or can come to the rescue of that part which is in trouble.

Nueroeconomics. is behind behavioral economics. We do things in the market that are non-rational but seem to be okay in the long run.

It is harder to stop a subscription of a good or service and let it ride then to stop with a lot of effort to do so. People may pick stores because of sentimental reasons even though they can get a better deal somewhere else.

The new approach is also fighting to big to fail organizations. They should be busted up so if they fail, they fail and the rest of the society can adapt. Emphasis should be backed by real data and not abstract models.

52) if a terrorist captures your plane in the air. Here is what experts say you  should do. Here are the suggestions:

1. don't be a hero  2. do what you are told 3. don't speak  4. get comfortable 5. don't make suggestions 6.don't try to escape 7. let medical needs be known 8. be observant 9. say only yes or no

10. signal police 11. don't be argumentative 12. hit the floor with hands over head.