The analysis released Wednesday, called “Generations Online in 2009,” is based on 11 separate telephone surveys conducted between 2004 and 2008, with varied questions about Web activities, ranging from blogging to participating in an online auction to job research. The margin of error for the studies ranges from plus or minus 3 percentage points (for findings on adults) to plus or minus 4 percentage points (for findings on teens.)

“Generation Y is the most likely to be engaged in all the various activities — communication, entertainment, e-commerce and entertainment-seeking,” says Susannah Fox, the report’s co-author and associate director of the Pew Internet & American Life Project. Pew defined Gen Y as including ages 18-32.

She says Generation X (ages 33-44) uses the Internet to “take care of business,” with 67% banking online; 80% buy products online, compared with 71% in Gen Y. The 33-44 age group also use the Internet for watching videos and socializing, but less so than Gen Y.

“Generation Y is starting to get into the taking care of business. They’re growing up into banking online and getting job information online while maintaining the Internet’s social and entertainment pursuits they probably started in their teenage years,” Fox says.

From business to fun: What different generations do online – USATODAY.com.

What was the name of that guy with that stuff in that place with those things? Don’t you remember?

Scientists have found mechanisms for how the brain creates short-term and long-term memories.

We all suffer occasional lapses in memory. Some people suffer severe neurological conditions, such as Alzheimer’s, that rob them of their ability to form memories or remember recent events.

Three new studies shed light on the way the brain forms, stores and retrieves memories. Experts say they could have implications for people with certain mental disorders.

When did it happen?

Newly born brain cells, thousands of which are generated each day, help “time stamp” memories, according to a computer simulation by scientists at the Salk Institute for Biological Studies in La Jolla, California, and the University of Queensland in Australia. The research was published in the journal Neuron.

These cells do not record an exact, absolute date — such as January 28, 2009 — but instead encode memories that occur around the same time similarly. In this way, the mind knows whether a memory happened before, after or alongside something else.

Neuroscientists believe that if the same neurons are active during two events, a memory linking the two may be formed. Complete article on CNN below…

How memories form, fade, and persist over time – CNN.com.

Once alight with bulbs that spelled out “Armstrong,” the large steel archway above North Rampart Street, across from the venerable Donna’s Bar & Grill, was dark much of the past decade, largely rusted. Beneath it, the main gate to a park named for trumpeter Louis Armstrong had been padlocked for more than three years, save for the occasional special event. Just inside, Congo Square — where two centuries ago enslaved Africans and free people of color spent Sundays dancing and drumming to the bamboula rhythm, seeding the pulse of New Orleans jazz — had been effectively off limits. The adjacent Mahalia Jackson Theater of the Performing Arts, home to opera and ballet performances for more than 30 years, sat empty and in need of repair after taking on 14 feet of water in 2005.

It would be hard to find a more potent symbol of the tenuous state of musical life and cultural history in a city largely defined by both. But earlier this month, shortly after dusk, Mayor C. Ray Nagin flipped a switch — just a prop, it turned out, for dramatic effect — and on went the lights of the arch and the park’s streetlamps. As the Original Pin Stripe Band played “Bourbon Street Parade,” a small mock second-line parade wound its way around a bronze statue of Armstrong and over to a sparkling Mahalia Jackson Theater for a free concert, the first in a series of events spanning 10 days and a broad range of performing arts.

AP Photo/Louisiana Philharmonic Orchestra, Judi Bottoni

Louisiana Philharmonic Orchestra performing at the refurbished Mahalia Jackson Theater.

“The cultural arts of New Orleans are back bigger, better and stronger than ever before,” Mayor Nagin had said at an afternoon press conference. “This is the start of what I predict will be a year of unprecedented construction in the city.”

William Chrisman, the city’s capital-projects administrator, estimated the theater renovation’s cost at $22 million, with the park restoration adding an additional $5 million. FEMA, which initially denied funding, has pledged to reimburse $9 million. John Quirk, who oversees the federally owned National Jazz Historical Park — three leased acres within Armstrong Park — hopes to complete his renovations late this year.

The Arts Come Marching In Again – WSJ.com.

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No, we haven’t turned the corner on the banking crisis—we can’t even see the corner. What’s needed is a bold, massive jolt to the system.

Franklin Delano Roosevelt’s first inaugural address is now known for only one sentence: “The only thing we have to fear is fear itself.” But the audience at the time paid little attention to that line and the newspapers buried it in their reports the next day. As Jonathan Alter recounts in his book “The Defining Moment,” the words that got the greatest applause were something more specific. “I shall ask Congress for the one remaining instrument to meet the crisis,” FDR said, “broad Executive power to wage war against the emergency, as great as the power that would be given to me if we were in fact invaded by a foreign foe.” The next day’s headline in The New York Herald Tribune was FOR DICTATORSHIP IF NECESSARY.

We are not in 1933, and no one would advocate or encourage any such power grab today. But President Barack Obama will have to quickly start planning for a set of more extraordinary measures to pull the United States out of its current, unsustainable economic condition. The president has understandably focused his first few days on important campaign promises—ending torture, closing Guantánamo—but he will now have to tackle the biggest challenge facing the country.

The American economy is entering its sharpest economic contraction since 1974—a recession that is likely to be the longest since the Second World War. But that’s not the worst of it. The American financial system is effectively broken. Major banks are moving toward insolvency, and credit activity remains extremely weak. As long as the financial sector remains moribund, American consumers and companies—who collectively make up 80 percent of GDP—will not have access to credit, and economic activity cannot really resume on any significant scale. We have not turned the corner. In fact, we can’t even see the corner right now. In Washington and in the media, we have all stopped thinking about the

rescue of the financial system—that was last year’s story—and moved on to the automobile bailout and now the fiscal stimulus. Debates have begun as to whether programs represent pork or investment, whether tax cuts should be preferred to government spending. But despite the injection of hundreds of billions of dollars, and the promise of many billions more, banks are still not lending. Without a functioning financial system, even a massive stimulus will not restore the economy to a normal growth trajectory. Japan tried to jump-start its economy with the world’s largest fiscal stimulus in the 1990s. It did nothing for long-term growth in that country.

More to read…