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Stephen Hawking on the Higgs discovery: "It seems I have just lost 100 dollars."

It's official (unofficially) — scientists at CERN have found the most compelling evidence yet for the existence of the Higgs Boson. That's obviously very exciting, but the discovery has bittersweet implications for Stephen Hawking. Find out why the famed cosmologist bet against the Higgs, and why he's eating crow for it now (albeit with a good sense of humor). [TPTYVIDEOS]

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DISCUSSION

Ok, I really like physics and astronomy and all that but I will be the first to admit I'm not always as smart on it as I want to be, so let me ask you guys this to see if I am understanding this correctly. The Higgs Boson is the particle, unobserved until now, that is responsible for imbuing mass into objects? Without it, nothing would ever coalesce to create the universe as we know it? So its sort of like a glue particle?