plus 4, A scary political movie - St. Louis Post-Dispatch |
- A scary political movie - St. Louis Post-Dispatch
- Movie director's Conn. mansion damaged by fire - New Haven Register
- After book, Julia Roberts starrer movie-now enjoy "Eat, Pray, Love ... - Newstrack India
- What's Your Favorite Movie Quote? - Game Informer Online
- 'Coal Country' movie being shown at library - Evansville Courier-Press
| A scary political movie - St. Louis Post-Dispatch Posted: 01 Dec 2009 01:09 AM PST For a political horror show, fast forward to the summer of 2010: The unemployment rate is stubbornly high, hovering in a range between 9.3 percent and 9.7 percent. Companies are wary about hiring more workers because the economy remains soft. Small businesses, which normally power a recovery, are caught in credit squeeze. In this scenario, the jobs outlook will remain bleak for another year. The unemployment rate will remain well above 8 percent in 2011. And the economy won't bounce back completely for another five years after that. The Democrats, in our scary 2010 movie, will be heading toward the midterm elections hoping to preserve their 81-seat margin in the House.
I wish this economic forecast were just a bad dream after too much Thanksgiving turkey. But it's drawn from the minutes of the Federal Reserve's Nov. 3-4 meeting, released last week. It's a genuinely troubling document, as much for its political implications as for its number crunching. It draws a picture of a nation of unfair and unequal sacrifices, where Wall Street is recovering even as Main Street continues to pay the bills. If the Fed's projections are right, the public is going to be very angry next year — at big business and at the elected officials who have spent trillions of dollars without putting the country fully back to work. Lou Dobbs, the voice of populist anger, may become the nation's hottest politician. President Obama, who has struggled to find a centrist consensus for economic policies, may be tossed like a cork on a stormy sea. The Fed struggled to answer the basic question that is haunting administration policymakers: Why has unemployment remained so high, even as the economy has started to grow again and the stock market has been on a tear? The Fed's answer is that businesses, having been burned by the recession, are wary about adding more workers or making new investments. Like consumers who have just discovered the virtues of saving, their prudence — however sensible on an individual basis — is a collective drag on the economy. "Business contacts reported that they would be cautious in their hiring," the Fed minutes note. "Indeed, participants expected that businesses would be able to meet any increases in demand in the near term by raising their employees' hours and boosting productivity, thus delaying the need to add to their payrolls." If hiring hasn't bounced back, neither has lending. "Bank loans continued to contract sharply in all categories," the Fed reports. Big businesses may be able to get money, but smaller firms "faced substantial constraints in their access to credit." This credit squeeze, in turn, will "restrain hiring at small businesses, which are normally a source of employment growth in recoveries." Putting the numbers together, the Fed predicts that despite a growing economy, unemployment will be between 8.2 percent and 8.6 percent during 2011, down only about a percentage point from 2010. And here's the scariest line of all in the Fed minutes: "Most participants anticipated that about five or six years would be needed for the economy to converge fully to a longer-run path" and a normal job market. Looking toward next year's congressional elections, strategists will have to calibrate the politics of high unemployment. The four states with the highest jobless rates as of October are all Democratic strongholds: Michigan, at 15.1 percent; Nevada, at 13 percent; Rhode Island, at 12.9 percent, and California, at 12.5 percent. And if you look at the states where Democrats gained their 21 House seats last year, the list includes eight states where unemployment in October was above the national average of 10.2 percent. The politics of rage aren't pretty. But in this case, it's hard to argue that the anger isn't justified. The Fed's analysis shows what we see in the daily stock market summaries. People on the top are recovering their losses; people on the bottom are out of work and out of luck. I admire Obama's effort to make responsible economic choices in this environment, and his refusal to demagogue issues such as financial reform. But he will need all the political genius he showed during the 2008 campaign — and which he has displayed too little lately — to handle what's coming at him next year.
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| Movie director's Conn. mansion damaged by fire - New Haven Register Posted: 01 Dec 2009 12:19 AM PST |
| After book, Julia Roberts starrer movie-now enjoy "Eat, Pray, Love ... - Newstrack India Posted: 01 Dec 2009 01:09 AM PST
Nevada (US), Dec 1 (ANI): Popularity of the Oscar winner Julia Roberts starring "Eat, Pray, Love", which is yet to hit theaters, seems to have resulted in a Las Vegas (USA) travel company offering "Eat, Pray and Love" tour. The company is offering experience through which Elizabeth Gilbert, author of "Eat, Pray, Love", went through by providing a week-long tour of Bali (Indonesia) from May 20-27 next.
It includes palm readings by Ketut Liyer (87) featured in Gilbert's book, vitamin lunch at Wayan's tiny restaurant, visit to Hindu temples and learning how the local Hindus pray, meditation or yoga practice each morning, open air shower. One can pose for a picture with Ketut and get his autograph on the book at no charge. The tour description says: "A family of monkeys may wander over to sit on your balcony or walk down to lunch with you". It further mentions: Think of this as either of the "India" portion of the trip, and fully participate in the yoga classes, or like the "Italy" portion of the trip, and sleep in! But praying is reportedly an integral part of the tour. Hindu statesman Rajan Zed, in a statement in Nevada (USA) today, urged the tour company that while showcasing Hindu prayers-traditions-concepts-meditation to the groups, stick to the authentic version. Roberts was in Italy, India, and Bali in the recent past shooting for "Eat, Pray, Love" based on Pushcart Prize winner Elizabeth Gilbert's spirituality/travel memoir (played by Roberts). Directed by Emmy nominated Ryan Murphy (Nip/Tuck) and aiming at a elease next year, it also stars Oscar winner Javier Bardem (No Country for Old Men), Oscar nominated Richard Jenkins (The Visitor), Oscar nominated Viola Davis (Doubt), Golden Globe winner James Franco (Pineapple Express). (ANI) This content has passed through fivefilters.org. |
| What's Your Favorite Movie Quote? - Game Informer Online Posted: 30 Nov 2009 09:56 PM PST So many... "All Work And No Play Makes Jack A Dull Boy." ~The Shining "I Am Jack's Smirking Revenge" ~Fight Club "The Dudes are emerging" ~Tropic Thunder "Listen to me, you have to consider the possibility that God does not like you, he never wanted you, in all probability, he hates you. This is not the worst thing that can happen to you. We don't NEED him." ~Fight Club "Yippee Ki Yay Mother F***er" ~Die Hard: The Greatest Action Movie Of All Time (Someone already said this one) "I haven't been f***ed like that since grade school." ~Fight Club "With a gun barrel between your teeth, you speak only in vowels." ~Fight Club "You wake up at Seatac, SFO, LAX. You wake up at O'Hare, Dallas-Fort Worth, BWI. Pacific, mountain, central. Lose an hour, gain an hour. This is your life, and it's ending one minute at a time. You wake up at Air Harbor International. If you wake up at a different time, in a different place, could you wake up as a different person?" ~Fight Club "Listen up, maggots. You are not special. You are not a beautiful or unique snowflake. You're the same decaying organic matter as everything else." ~Fight Club "THIS...IS....SPARTA!" ~300 "We just had a near-life experience fellas!" ~Fight Club I'm sorry but that movie is so jam-packed with awesome quotes. This content has passed through fivefilters.org. |
| 'Coal Country' movie being shown at library - Evansville Courier-Press Posted: 30 Nov 2009 10:03 PM PST EVANSVILLE — The Social Justice and Environmental Film Series has selected "Coal Country" for its December screening. The film is a documentary giving voice to opposition to the practice of mountain top removal mining in Appalachia, particularly in eastern Kentucky and West Virginia. The 45-minute movie, which is free, will be shown at 7:15 p.m. Wednesday in the Browning Events Room of Evansville's Central Library. Doors will open at 7 p.m. A discussion about the film and the issue it presents will be held after the showing. Refreshments will be available at the Cup & Chaucer Cafe adjacent to the Browning rooms of the library. The film series is sponsored by Southern Indiana Democracy for America and Valley Watch and is an effort to air feature films and documentaries that relate to justice and the environment the first Wednesday of each month. This content has passed through fivefilters.org. |
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