The Credit Crisis Visualised

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

This brilliant little Vimeo video explains the origins of the credit crisis with great lucidity.

The rest, as they say, is history...

Shock Tactics

On this date in 1903 Thomas Edison electrocuted an elephant called Topsy. He was making a lot of money from the patent for direct current and this was threatened by the proposed use of the new-fangled alternating current. He had embarked on a series of staged electrocutions of various unfortunate animals in an attempt to show how dangerous alternating current was.

Topsy the elephant had squashed 3 handlers in 3 years, and park officials at Luna Park on Coney Island decided that enough was enough. They considered hanging the poor beast, but the SPCA vetoed this. Edison was only too glad to provide an alternative means of execution.

In order to ensure that Topsy definitely died, she was fed cyanide-laced carrots moments before a 6,600-volt AC charge. Officials needn't have worried. The elephant was killed instantly and Edison, in his mind anyway, had proved his point. The "event" certainly provided a lot of publicity: a crowd put at 1,500 witnessed Topsy's execution, which was filmed by Edison and released later that year. Ultimately, of course, alternating current proved superior and became the standard.

Greed is a terrible thing, isn't it?

Where Have All The Heroes Gone?

Where Have All The Heroes Gone?
Originally uploaded by Son of Groucho.

One of the places we visited in our recent wee trip to Paris was the Hotel des Invalides. This amazing building was constructed by Louis XIV in the 1670s as a residential village for up to 4000 invalides (disabled veterans) who were begging in the streets of Paris. The courtyard is now used for military parades. Behind the four-storey classical facade is the Dome Church (Eglise du Dome). Les Invalides was built between 1677 and 1735: the dome took 27 years to build.

The Eglise du Dome now houses the Tomb of Napoleon. His remains are encased in 5 coffins and a sarcophagus of red porphyry. The church also contains the tomb of Ferdinand Foch (see above), and the rather beautiful tomb of Hubert Lyautey. I had never heard of the latter, but I like his tomb, and I'd quite like mine to be similar (Wosog please note).

My point is this: can you think of a single modern politician, or military leader, in the world today that would be so revered by their public that the latter would support a memorial of this magnitude? I can't. Maybe this is just a cynical age, and we all look too readily for less-than-altruistic motivation behind the actions of our leaders? Maybe it will take a truly global conflict (God forbid) to bring forward men of true stature? I don't know, but I do know for certain that there would be a huge public outcry in the UK if it was proposed that any of our current so-called leaders, or indeed former prime ministers, be immortalised in this way.

Where have all the heroes gone?