Nearly zero interest rate?

December 17, 2008 on 10:46 am | In Rants | No Comments

The Feds just slashed interest rates to 0 – 0.25%.

This is a sign of a ‘matured economy’. Like Japan, right?

Or is it a death knell of the financial system.

And gold futures is in backwardation

The hell??

If I am offering to buy your gold for $840 now, and at the same time, I give you a contract where I promise to sell you back that gold at $800 next month. Will you take it?

It’s pure profit, right? In a month’s time, you’ll still get back the same gold you started with, plus a $40 profit.

But nobody’s biting. Gold futures is in backwardation. People aren’t parting their gold Now for gold Later.

Are people really thinking that a month from now, they might not be able to get gold at any price?

Things are getting interesting.

Movie: The Day The Earth Stood Still

December 17, 2008 on 1:14 am | In Movies | No Comments

Sucks.

Okay, maybe the movie deserves more write-up… If only to properly illustrate said suckage that it deserves.

Keanu is an ambassador representing some other worldly sentience, come to save Earth. From mankind.

Obviously, the natural response for some trigger happy sniper is to put a bullet into the first man-shaped entity to emerge from an alien sphere that just arrived from outer space. Keanu doesn’t die of course. And he’s got Neo-like powers: shutting down machinery with a thought, the ability to bring back life, etc.

The kid from Happyness is here too, but he’s just a prop. The director places him in various points of the plot, pose him, given him his lines, and move on. The character of the kid makes absolutely no sense whatsoever. One moment he’s calling the cops on Keanu. Next he’s crying about losing his mom. Then he’s afraid of Keanu. Suddenly he trusts him.

Then in the scene at the cemetary where the boy begs Keanu to bring his dad back to life, which ended with Keanu walking towards the camera and exiting stage left, while the the boy collapses onto his knees in grief. It was such an odd over-the-top moment that looked so staged, and so fake.

There’s a whole mish-mash of disposable characters and scenes generated just to evoke irony, instead of invoking emotion.

It’s as if the production was made with the same mental effort as two drunk college kids doing a web comic about talking dinosaurs.

Joe also agrees with me about the movie’s suckage. But on a different level probably.413

But just to leave this post with a little bit of sugar…

Keanu is going to do Cowboy Bebop!!

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