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TODAY IN HISTORY

    FREDDIE MAC AND FANNIE MAE BAILOUT
    July 14, 2008 - USA

    Freddie Mac and Fannie Mae who own or guarantee about $5.3 trillion worth of home loans about half of all US mortgages have seen a loss of confidence my the market due to the mortgage forclosure increase and the drop in property values in the United States. Both company Shares have been under increasing pressure and have lost as much as 80% of share value in just 12 months . The Fed has given the green light for the Federal Reserve Bank of New York authority to lend any money needed to allow them to continue providing mortgages at 2.25% and will expand its current line of credit to the two companies and buy shares of the companies if needed to prop up share price in these troubled times. Congress is also to approve a package next week which includes a foreclosure rescue to help strapped homeowners get new, more affordable government-backed mortgages through the Federal Housing Administration.

    ANHEUSER- BUSCH TAKEN OVER
    July 14, 2008 - USA

    After a $52 billion takeover deal, American beer maker, Anheuser- Busch, was taken over by the Belgian beer maker InBev on this day. The merging of the two companies made the newly combined company, Anheuser-Busch InBev, the largest beer maker in the world. The new combined company produces some of the most well known beer brands in the world including Bud Light, Budweiser, Becks and Stella Artois.

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RANDOM QUOTES

  • All of us have a God in us
    by Earth Day, Kenya

    "...All of us have a God in us, and that God is the spirit that unites all life, everything that is on this planet. It must be this voice that is telling me to do something, and I am sure it'as the same voice that is speaking to everybody on this planet at least everybody who seems to be concerned about the fate of the world, the fate of this planet. Wangari Maathai-Noble Peace prize winner, Deputy Minister of Environment, founder Green Belt movement in Kenya...."
  • Until a man duplicates a blade of grass
    by Earth Day, Thomas Alva Edison Inventor

    "...Until a man duplicates a blade of grass, Nature can laugh at his so-called scientific knowledge. Remedies from chemicals will never stand in favorable comparison with the products of Nature, the living cell of a plant, the final result of the rays of the sun, the mother of all life...."

RANDOM FACTS

  • Harvard Medical School
    about Eyesight Myth and Fact

    Myth: Staring at a computer screen all day is harmful to the eyes. Fact: Spending the day staring at a screen can tire or strain your eyes, but it will not hurt them. Make sure lighting doesn't create a glare on your screen. When spending long periods at your keyboard, take a break now and then to rest your eyes to reduce fatigue. Also, don't forget to blink. Your eyes need to stay lubricated to feel comfortable. Drug Abuse
    about Facts about Drugs

    Facts about drugs can protect against drug abuse. Legal drugs, such as alcohol and tobacco, kill more people than illegal drugs. Tobacco (smoking cigarettes) kills more people than any other drug. Illegal drugs including heroin, cannabis, ecstasy and amphetamines can have unknown or dangerous ingredients. Mixing drugs, especially with alcohol, can be fatal.

Mass media have a great influence on our :

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ARTICLE INFORMATION :

The article concentrates on the role and function of mass media in everyday life, and features all four major sources of information and entertainment available nowadays.

ARTICLE CONTENT :

Barely anyone is unaware of the term 'mass media'. Everyday we use mass media sources to learn the latest domestic and world news, find necessary information, to entertain or to listen to the weather. The importance of the media now is immense. Mass media mould and form buying decisions, introduce new goods and services, educate and make us think. Mass media play a big role in forming and reflecting public opinion, connecting people and the world. Mass media strongly influence society, because it can reach a wide audience. They include four principal sources: TV, press, radio and the Internet.

Daily millions of newspapers and magazines are published worldwide. The list of them seems endless. There are different national and local newspapers, dailies and weeklies, broadsheets that cater for the better educated readers and popular newspapers that sell to a larger readership. Some newspapers give coverage to politics, financial and economic issues; whereas others cover upon 'human interest stories' and scandals. Since the advent of radio, more people have got access to the latest information. Radio is preferable when you are at work and require information or have to concentrate your attention on something else. Hence, we commonly switch on the radio when driving a car to listen to the newsflash and reports presented live at the scene. Listeners are particularly much into call-in talk-shows and music charts.

It has been estimated that the majority of people regard television as their main source of information. Our daily life is often arranged according to the program schedule. We have breakfast, with TV being on. We switch it on to view our favorite series and chat-shows, to watch newly released movies, music videos and news programs. While TV broadcasts are scheduled, the Web allows us to have access to information and entertainment day and night. Being both the video and audio source of information, the Web contains vast databases of information in every language.

It is well-known for the selection of opinions presented, huge collections of tracks and movies, e-encyclopedias intended to ease the search on the Internet, e-books and websites of papers and magazines. Life without mass media would be boring and limited. However, 'addiction' to some sources of amusement, such as viewing TV and searching on the Internet for hours, can badly impact upon health and interpersonal interaction.

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