Beautiful Red Roses

My children always remind me how blessed I am to be their mother. What a lovely surprise. I am so grateful!

Where did Valentine’s Day come from? (Think naked Romans, paganism, and whips.) What does it cost? And why do we fall for it, year after year? Read on.

Valentine’s Day History: Roman Roots

Cherubs float like balloons in an 1880s Valentine’s Day card produced by a Boston, Massachusetts, company. Valentine’s Day cards–then mostly handwritten notes–gained popularity in the U.S. during the Revolutionary War. Mass production started in earnest in the early 1900s.

More than a Hallmark holiday, Valentine’s Day, like Halloween, is rooted in pagan partying. (See “Halloween Facts: Costumes, History, Urban Legends, More.”)

The lovers’ holiday traces its roots to raucous annual Roman festivals where men stripped naked, grabbed goat- or dog-skin whips, and spanked young maidens in hopes of increasing their fertility, said classics professor Noel Lenski of the University of Colorado at Boulder.

The annual pagan celebration, called Lupercalia, was held every year on February 15 and remained wildly popular well into the fifth century A.D.—at least 150 years after Constantine made Christianity the official religion of the Roman Empire.

“It is clearly a very popular thing, even in an environment where the Christians are trying to close it down,” Lenski said. “So there’s reason to think that the Christians might instead have said, OK, we’ll just call this a Christian festival.”

The church pegged the festival to the legend of St. Valentine.

According to the story, in the third century A.D. Roman Emperor Claudius II, seeking to bolster his army, forbade young men to marry. Valentine, it is said, flouted the ban, performing marriages in secret.

For his defiance, Valentine was executed in A.D. 270—on February 14, the story goes.

While it’s not known whether the legend is true, Lenski said, “it may be a convenient explanation for a Christian version of what happened at Lupercalia.”

Valentine’s Day 2009: What Recession?

Even as the economy crumbles, today’s relatively tame Valentine’s Day celebration is expected to generate some $14.7 billion in retail sales in the United States.

The average U.S. consumer is expected to spend $102.50 on Valentine’s Day gifts, meals, and entertainment, according to an annual U.S. National Retail Federation survey—down from $122.98 per person in 2008. “If anything, [people] are probably scaling back on more discretionary purchases, so that they can feel comfortable spending on Valentine’s Day,” said Ellen Davis, the federation’s vice president.

About 92 percent of married Americans with children will spend the most money on their spouses: $67.22.

The remainder goes to Valentine’s Day gifts for kids, friends, co-workers, and pets, according to the survey.

Valentine’s Day Cards

Greeting cards, as usual, will be the most common Valentine’s Day purchases. Fifty-eight percent of American consumers plan to send at least one, according to the survey.

The Greeting Card Association, an industry trade group, says 190 million Valentine’s Day cards will be sent. And that figure does not include the hundreds of millions of cards schoolchildren exchange.

“Giving your sweetheart or someone [else] a Valentine’s Day card is a deep-seated cultural tradition in the United States,” said association spokesperson Barbara Miller. “We don’t see that changing.”

The first Valentine’s Day card was sent in 1415 from France’s Duke of Orléans to his wife when he was a prisoner in the Tower of London following the Battle of Agincourt, according to the association.

Valentine’s Day cards—mostly handwritten notes—gained popularity in the U.S. during the Revolutionary War. Mass production started in the early 1900s.

Hallmark got in the game in 1913, according to spokesperson Sarah Kolell. Since then—perhaps not coincidentally—the market for Valentine’s Day cards has blossomed beyond lovers to include parents, children, siblings, and friends.

Valentine’s Day Candy: Cash Cow

An estimated 45.8 percent of U.S. consumers will exchange Valentine’s Day candy, according to the retail federation survey—adding up to a sweet billion dollars in sales, the National Confectioners Association says.

About 75 percent of that billion is from sales of chocolate, which has been associated with romance at least since Mexico’s Aztec Empire, according to Susan Fussell, a spokesperson with the association.

Fifteenth-century Aztec emperor Moctezuma I believed “eating chocolate on a regular basis made him more virile and better able to serve his harem,” she said.

(Related: secrets of ancient candy.)

But there’s nothing chocolaty about Valentine’s Day’s most iconic candy: those demanding, chalky little hearts emblazoned “BE MINE,” “KISS ME,” “CALL ME.”

About eight billion candy hearts will be made in 2009, the association says—enough to stretch from Rome, Italy, to Valentine, Arizona, and back again 20 times.

(Also see in Traveler magazine’s Valentine’s Day special: best U.S. cupcake bakeries.)

What Is Love? Evolution and Infatuation

Valentine’s Day is all about love. But what, exactly, is that?

Helen Fisher is an anthropologist at Rutgers University in New Jersey and author of several books on love, including Why We Love: The Nature and Chemistry of Romantic Love.

Fisher breaks love into three distinct brain systems that enable mating and reproduction:

• Sex drive
• Romantic love (obsession, passion, infatuation)
• Attachment (calmness and security with a long-term partner)

These are brain systems, not phases, Fisher emphasized, and all three play a role in love. They can operate independently, but people crave all three for an ideal relationship.

“I think the sex drive evolved to get you out there looking for a range of partners,” she said.

“I think romantic love evolved to enable you to focus your mating energy on just one at a time, and attachment evolved to tolerate that person at least long enough to raise a child together as a team.”

Valentine’s Day, Fisher added, used to encompass only two of these three brain systems: sex drive and romantic love.

But “once you start giving the dog a valentine, you are talking about a real expression of attachment as well as romantic love.”

WATCH VALENTINE’S DAY VIDEO: LOVE ON THE BRAIN:

Valentine’s Day Facts: Gifts, History, and Love Science.

In the worst of times, which are the best of stocks?

So many readers have emailed me to warn that we are going into another Great Depression that I decided to find out which companies and sectors did best after the Crash of 1929. With the Standard & Poor’s 500-stock index down 39% last year and another 8.5% this year, it can’t hurt to learn what separated the winners from the losers back then.

Heath Hinegardner

The good news is that some stocks and industries did indeed do much better than average. The bad news is that the average was ghastly, and even the best stocks had three rotten years in a row.

With the help of the Center for Research in Security Prices, or CRSP, at the University of Chicago’s Booth School of Business, I sought to answer this question: If you had invested on Jan. 1, 1930, after the crash already had destroyed a third of the stock market’s value, where would you have gotten the greatest gains?

The short answer: In 1930, 1931 and 1932, nowhere. There was no real refuge in the storm; even Benjamin Graham, the great value investor, lost 60% over those three years.

According to CRSP, only one industry had positive returns from 1930 through 1932: logging. The two stocks in that tiny sector, Diamond Match and Mengel Co., whittled out a cumulative gain of 40% for the three-year period. Diamond turned timber into matchsticks; Mengel made trees into packing materials, primarily for daily necessities like tobacco and soap.

To find a major sector with significantly positive returns, CRSP needed to stretch our measurement period into a fourth year, 1933, when the market finally rebounded partway from its earlier losses by rising a record 54%. Even then, out of 120 industries, only 13 managed to generate gains from 1930 through 1933.

The only clear winner: cheap vices. Among the sectors with positive returns were cigarettes, cigars and tobacco, sugar and confectionery products, and fats and oils, which each gained between 1.6% and 7.5% annually. Those gains were better than they look, because deflation raised their purchasing power by an annual average of more than 6% over this period. It seems there was good money to be made investing in guilty pleasures that people could afford even in the hardest of times: sweets, smokes and fried food.

Complete article at:

1930s Lessons: Stocks for After a Crash – WSJ.com.

Skyfire social networking

Skyfire is a mobile web browser that seems like it’s been in beta forever.  That feeling won’t go away soon as the latest beta version has just been released, 0.9.  This new version of Skyfire adds support for new screen sizes on the Windows Mobile platform, WVGA and WQVGA, which means it will now work on the Samsung Omnia and the Sony Ericsson Xperia X1.

Skyfire is the server-based browser that can handle virtually any video streaming and that sets it apart from just about every other mobile browser out there. This new version is also adding social networking with the ability to aggregate your Twitter, Facebook and other network updates right on a convenient page.  From the press release:

The most noticeable change in the new version of Skyfire is a real-time activity wall which aggregates customized feeds from news, media, Facebook and Twitter. Skyfire is preconfigured with feeds from Digg, ESPN, Google News, Hulu, YouTube and Yahoo! News that display real-time updates on the start page. It is easy to customize your experience and add new feeds from your favorite websites.  Skyfire now always keeps you connected with the newest content that is relevant to you.

Windows Mobile is not the only platform to get this new beta as a new Symbian beta is going live too.  Owners of Nokia E or N series phones will be able to give Skyfire a good workout too.  Owners of phones on either platform can get Skyfire Beta 0.9 from the web site.  I have been running this new beta on the HTC Advantage for a few days and it works pretty well, although I am running RealVGA and it sometimes creates display problems.

Last year we interviewed the CEO of Skyfire, who gave us a glimpse of what this new version brings to the small screen and also where the browser is headed.

Gadget Gurus – GigaOM – Salon.com.