Other than a futile attempt to avoid embarrassment, what benefit does the Pakistani government derive from lying to the world about the assassination Benazir Bhutto? Not that this one video is definitive, but it seems pretty likely that she was shot, all things considered.
With malice toward none, with charity for all, with firmness in the right as God gives us to see the right, let us strive on to finish the work we are in, to bind up the nation's wounds, to care for him who shall have borne the battle and for his widow and his orphan, to do all which may achieve and cherish a just and lasting peace among ourselves and with all nations.
Monday, December 31, 2007
Three Great Films: The Cooler, Vor, The Wind That Shakes The Barely
The Cooler with William H. Macy, Alec Baldwin and Maria Bello 2003. William H. Macy plays a man, a cooler, so unlucky that his very presence will “cool” a hot streak. Alec Baldwin, a hard case casino owner, employs him to make sure no one leaves the casino a winner. Macy’s character, Bernie meets and falls in love with Maria Bello’s character Natalie, and everything changes.
Performance wise, it’s a pleasure to watch good actors work their chops on a good script and a compelling story. William H. Macy is always awesome, in this role I don’t think anyone could have played it better. With all the nonsense that surrounds Alec Baldwin at times, it’s easy to forget that he too is capable of excellent performances when given a good script, i.e. this movie, The Departed, Glengarry Glen Ross, and Thick as Thieves. The beautiful and believable Maria Bello brings a mix of vulnerability and strength that allow us to believe she can change things for the uber loser Bernie.
Some weird belief systems are at play in this film, none more important than luck, both good and bad. In The Cooler, luck isn’t some notion to be wished for, it’s the elephant dominating the room that most people don’t seem to notice.
Vor or The Thief 1997, with a bunch of fine Russian actors you probably don’t know. In Russian, with subtitles, Vor is about a beautiful young woman with a young son who meets a charming rogue on a train and how they begin their life together. Set in the former Soviet Union just after the Great Patriotic War, this is one of those transporting films that takes you, convincingly, to a different time and place. Sadly the people in this time and place are still all too human, and like a work of great Russian fiction, we see how this unhappy family is unhappy in its own unique way. Sad, somewhat bleak but oddly not depressing, a film that you will remember.
There is a scene where the Irish Republicans debate what is to be done in their New Republic. Each has suffered greatly and lost much, each has his or her own hard earned point of view but some are diametrically opposed to their former brothers in arms. The dialogue sounds as if the actors were allowed to argue their character’s position in their own words, while at times the brogues can be hard to understand with my American ears, some of the dialogue in this film is as good as any ever made.
Saturday, December 29, 2007
Wednesday, December 26, 2007
Tuesday, December 25, 2007
Monday, December 24, 2007
Wednesday, December 19, 2007
Sometimes Appearances Aren't Deceiving
Tuesday, December 18, 2007
Mike Huckabee's Loathsome Christmas Ad
I don't like Mike Huckabee, it's nothing personal, I just prefer someone more adroit on policy, less lenient on crime, less socially conservative and more fiscally responsible and now a tad less bible thumpy. Don't get me wrong, I'll still vote for him or any other Republican over any other Democrat, but he is not my type of guy.
Then there's this Christmas ad, which I find very disturbing. It's not the sentiment, I'm fine with that, it's the intent and the context. Huckabee isn't just wishing you, me and everybody else a merry Christmas, he's reminding you, me and everybody else that he's the real Christian running for president. Enough already. Religion has it's place in our broad Republic, but it should never be the central issue for a presidential candidate. If this is who Huckabee is, God bless and keep him, he should stay in Arkansas get himself a church and preach away.
People complain that Huckabee's religiosity has gotten more attention than Barack Obama's. While true, I think that's because people pay Huckabee the respect of taking him seriously.
Wednesday, December 12, 2007
Indiana Jones and The Plastic Hip Replacement
Nerf Long Shot
Sub Prime Mortgages
In the last three years not only were these mortgages very lax in their underwriting standards they were also relatively inexpensive, which was seen at the time as very beneficial for consumers. While great for the borrowers, many sub prime lenders who could not sell the mortgage backed securities because of their low rate of return went out of business, sending waves of panic across the financial markets. Here in Connecticut the most notable victim of this was Mortgage Lenders Network who by most accounts went broke giving sub prime and Alt-A loans at better than A loan prices.
The problem with sub prime and Alt-A loans is that just because you can get one of these mortgages doesn’t necessarily mean you can pay it. Agency mortgages, i.e. Fannie Mae or Freddie Mac, or government mortgages FHA or VA, require that you have decent credit and that prove your income, then they use mathematical formulae to determine what you can afford. Many of these sub prime or Alt-A mortgages did not require proof of income and lent money to people with marginal credit histories.
For the past ten years or so housing has seen steady if not rapid appreciation. Lenders counted on this appreciation when setting their underwriting guidelines. They calculated that if they lent you $300,000 on $300,000 house and you paid them like a champ for two years or three years before you ran into trouble, they would have recouped their origination costs, and then some, and the house would have developed its own equity in the rising market. Enough equity that you would either sell it yourself to protect your equity or they would foreclose and be made whole in the liquidation of their collateral.
These three factors unsound underwriting guidelines, low rates and a softening housing market have conspired to create the problems that face us today.
A perfect example of these factors is a loan I did three years ago for this young couple who were buying their first home. It wasn’t a starter home by any standard, it was a 3800 square foot newly constructed home with a marble kitchen and 3.5 bathrooms, central air and vacuum, 11 foot ceilings on all three floors including an additional 1900 square feet in the finished walkout basement. The couple worked at one of the major insurers in the area and made about $100,000 a year combined. Why were they looking at houses close to $500,000? Because with their credit they could, on paper any way, afford it with an Alt-A, stated 5/1 interest only adjustable rate mortgage. The borrowed the full amount, $478,000 and had a housing payment slightly more than half of their combined, gross monthly income.
Were these people stupid? Yes and no. I wouldn’t have done it, but they figured that they would buy as much house as they could possibly afford and as that house increased in value they would reap the benefit of that appreciation of the larger asset. The problem is that there has been no appreciation. This couple is about two years from their first adjustment on their mortgage when their rate will go up 2% and they haven’t paid a dime against their principle yet. Both of these borrowers were pretty sharp, college educated and financially astute. In two years they will probably own an asset that while appealing, desirable and functional will not be worth what they paid for it. Unless they have received substantial raises they will not be able to afford the house when their rate adjusts. What do you think they will do?
Now, do you believe these people are in need of some government intervention on their behalf? They are both adults, they knew the risks but felt the rewards and the added benefit of living in a grand home outweighed them. The lender knew the risks too. When two 25 year old borrowers with two years on the job at an insurance company states his or her income high enough to buy a $478,000 home and more importantly pays a higher rate so that they can state and not prove their income, you don’t need to be Warren Buffett to see there is some risk there. Apparently the lender felt the risk was outweighed by the rewards.
Gun Control: Colorado Springs Shooting
Tuesday, December 11, 2007
Brandi Carlile
What a voice! Apparently everyone in the world has been onto this woman for months but me. I like this song for two reasons, the chord progression is so basic and familiar it's like you knew it even before you heard it while where she goes with her voice is pleasantly surprising. I'm a bit surprised sombody like this was given a shot in todays McMusic world.
Monday, December 10, 2007
Michael Vick
Then there's the animal rights protesters who do their cause and race relations little favor by calling for Vick's death and or neutering. Neutering, where the hell did that come from? You don't have to be a Vick supporter to realize these people have their values misplaced.
Vick may get at little as time served today or he may be sentenced to as much as five years. I'd wager that he'll get something in the middle, two or two and half years and that will be closer to justice than either extreme could hope to find.
Andrew Young Opines on Obama and Bubba
ATLANTA (AP) - Civil rights icon Andrew Young says Democratic presidential candidate Barack Obama is too young and lacks the support network to ascend to the White House.
In a media interview posted online, Young also quipped that Democratic presidential candidate Hillary Rodham Clinton has her husband behind her, and that "Bill is every bit as black as Barack."
"He's probably gone with more black women than Barack," Young said of former President Clinton, drawing laughter from a live television audience. Young, 75, was quick to follow his comment on Bill Clinton with the disclaimer, "I'm clowning."
Hysterical. No wonder why Oprah is supporting Obama.
Thursday, December 06, 2007
Common Thrill: Like It Is
It's funny to see the video, I was there in Brooklyn for the filming and it's funny to see how everyone comes across in the video.
The stripper is actually a very, very sweet young French model named Isabella and she's close to six feet tall.
The old bald perv in the peep show is a the only professional actor in the video, I can't recall his name for the life of me, but he's been in dozens of films and TV shows, like Rescue Me. We would bowl on Nintendo Wii while he was waiting around the shoot. He's about as far from a peep show perv in real life as a man can get, still he looks pretty convincing here.
Mark the bassist for Common Thrill looks and act pretty much as he does in real life as he drags John from the booth. I get the feeling he may have had to do this before.
Fight Club the Movie
Are We To Believe The NIE On Iran's Nuclear Intentions?
The 2005 NIE said that Iran was intent on manufacturing an atomic bomb, the 2007 NIE says they "halted its nuclear weapons program" in 2003, ostensibly due to our military invasion of Iraq and subsequent deposition of Saddam Husein. Did our armies convince Iran to be good citizens or are they just hiding their activities better?
Much of this NIE reads like wishful thinking, as if those in the intelligence community would rather be writing policy than intelligence estimates. When I was a weather guy, a tool in forecasting was that you would predict persistence, i.e. that things will stay the same, unless you have twice the amount of reliable data to predict otherwise. This NIE is so drastically different in it's policy implications from the 2005 NIE, that I wonder what made them change their mind so abruptly.
Former ambassador John Bolton is not convinced either:
The real differences between the NIEs are not in the hard data but in the psychological assessment of the mullahs' motives and objectives. The current NIE freely admits to having only moderate confidence that the suspension continues and says that there are significant gaps in our intelligence and that our analysts dissent from their initial judgment on suspension. This alone should give us considerable pause.
Tuesday, December 04, 2007
"How Ought We Order Our Life Together"
Monday, December 03, 2007
Selective Outrage
Is it too much to expect NOW to vigorously oppose Islamic extremism instead of a tired, old, radio hack? Some old fart calls a group of of woman, any one of which could beat his ass, "nappy headed hos" and it's gigantic panties in a knot time at NOW headquarters. Throw a woman in jail on absurd charges and NOW is mute. Search their website for "Ayaan Hirsi Ali" and they are mute. A woman is raped and then sentenced to 200 lashes, her rapists get a few years in prison and NOW is mute yet again. How can one take NOW seriously?
Hillary Gets The Vapors
Clinton calls hostage crisis traumatic
CEDAR RAPIDS, Iowa - Hillary Rodham Clinton said Sunday that calling the families of the campaign staffers taken hostage at her Rochester, N.H., office last week was the most difficult part of the ordeal.
"Those were the most emotional moments, I have to tell you, calling them in the first instants to tell them what had happened," she told reporters after a campaign stop in eastern Iowa.
I don't believe Hillary Clinton was traumatised one bit by this inconvenience, she's merely trying to soften her shrill, flinty image. In a way it's not fair. If a male candidate is seen as insensitive in this sort of situation, he could claim that as president he needs to get things done despite his personal feelings. When Hillary does it, she's seen as an uncaring bitch.
Sunday, December 02, 2007
Jesse Jackson Solves Our Subprime Mortgage Woes
Jessie Jackson will accomplish nothing other than line his own pockets with filthy shake down lucre.
Whoopi Goldberg: Dhimmi of The Month
The there's Whoopi Goldberg who, like the clueless gomeril she is, blames the victim:
"You’d think if you’re going overseas, I mean, we had this discussion yesterdayI don't expect much from Whoopi Goldberg, but this isn't a tough one. What should be considered, at worst, an insensitive cultural gaff has an innocent 54 year old woman school teacher in prison with angry mobs literally calling for her head. Goldberg's typical liberal reaction only emboldens such behavior by validating it. Somehow I think if Gillian Gibbons was being held in an American prison for advocating the assassination of the president or any other seditious activity liberals are so fond of lately, Goldberg would be outraged.
about people coming to America and learning the customs and knowing what is
cool, and what isn’t cool. But I find that maybe we are not- and I say we just
as European and American, we’re not as anxious to learn the customs before we go
places. It’s just one of the reasons we’re called the ugly Americans."
Saturday, December 01, 2007
Winning the War
Boston Corbett
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