Thursday, June 23, 2011

Forum Making Money


Physicists and others seeking to unlock the mysteries of the universe posit many theories about what exists beyond our night sky.  One of the more intriguing theories is that our universe is just one of many universes, or dimensions, in which our doppelganger encounters different experiences and thus, different outcomes.  Given the bizarre rhetoric being used by Congresswoman Debbie Wasserman Schultz, Chairman of the Democratic National Committee, and President Obama lately, this theory is becoming all the more believable by the minute.


When confronted with the news that the economy has gotten worse under President Obama, both the President and Congresswoman have offered up answers that display a stunning disregard for what is happening with the economy.  Failing the possibility that both have crossed into our dimension via a liberal wormhole, answers such as the economy is struggling due to the increased adoption of new-fangled job-killers such as ATMs or it has hit a soft patch because of the reluctance of conservatives to accept increased taxes in the form of an ever-increasing "fair share" can be seen for what they are: partisan spin.


The Democrats' calls for an increased "fair share," while excellent on the stump, will do nothing to spare the economy from the dreadful bleeding of jobs that has occurred during this administration.  Wasserman Schultz is left with nothing that remotely resembles a success in the almost three years of the Obama administration so she must provide blinkered responses to the cold, hard facts: 1.9 million jobs have been lost, gasoline prices have more than doubled, and the debt has ballooned to an unsustainable $14 trillion under Democratic guidance.  It is no wonder she is left to insist weakly that the Democrats have "turned the economy around."


In Weiner-esque fashion, President Obama's policies have been exposed.  Left with the difficult task of selling the value of an economy that has gotten demonstrably worse, Wasserman Schultz can only pull the cord on her failsafe Democrat See-and-Say and repeat, pull, repeat.  The results are the predictable complaints ranging from the natural disaster in Japan to Greece's eventual default, a crisis that Ms. Wasserman Schultz should watch closely for future spin when the U.S. meets a similar fate.  By then, if a Democrat still holds the White House, she will surely resort to a "nothing to see here" redux of bumbling cop Frank Drebin from the Naked Gun movies.


The comedic cop routine would be an improvement, though, to the mainstay of liberal politics: accusations of racism.  Simply pointing out the massive failure of the stimulus package and the Democrats' plan to turn the economy around now conjures up images of a return to Jim Crow laws and the mistreatment of African-Americans in Wasserman Schultz's alternate universe.  A shameful, libelous non sequitur is now the last refuge of a Democrat when reality doesn't fit the liberal storyline where their policies are rousing successes even when evidence points to the contrary.


Still, that evidence is making even Wasserman Schultz and President Obama bow to reality.  At a forum held by Politico.com, Wasserman Schultz claimed "ownership" of the economy on behalf of her fellow Democrats.  That ownership presumably includes the wasted disaster that was the stimulus package which spent $1 trillion of borrowed money.  At the time of passage, promises were made that the unemployment rate wouldn't climb over 8% if the bill passed and jobs would blossom from the tree of the Congressional spending spree.  As is painfully obvious, this failed to materialize and led to the President's poor attempt at humor that "shovel-ready was not as shovel-ready as we expected."  Outside of the President's deluded pied pipers, most Americans aren't laughing at the gargantuan waste and ineffectiveness of his policies.


With 2012 approaching, it appears unlikely that the economy will begin to turn around sufficiently enough for the President to fulfill Wasserman Schultz's silly claims of economic achievements.   What remains then is the contemptible use of the race card against Republican critics and other worldly economic claims that can only be construed as accomplishments in the swamp of DC.  Jobs and debt are the worries of the average voter and their doubts will be an electoral death knell for the President no matter their spin or accusations of racism.  Then again, maybe President Obama and Debbie Wasserman Schultz know something the rest of us don't and the Recovery Summer is just one worldly dimension away.




Unfulfilled promise of social and economic justice


David Bandurski from China Media Project has translated a more sophisticated reading of the movie by Yazhou Zhoukan's editor-in-chief, Yau Lop-Poon:


This is a major film spangled with stars. All those beautiful leading actors and actresses, all of those explosive and thrilling scenes, all of the clever and moving dialogue is enough to move audiences for the Founding of a Party. But what most moves many people still is the slogan shouted out [in one scene] by a young revolutionary: “Long live the workers!”


Perhaps many of those Sichuanese migrant workers who were in the midst of the mass incident that broke out in the [county-level[ city of Zengcheng in Guangzhou in recent days might have thought of such a slogan. There are an estimated 250 million migrant workers in China, who can no longer stand being pressed into the lower echelons of society, whose fate has become that of “second-class citizens.” If they saw this massive film the Founding of a Party, it would certainly resonate strongly.


Here we see too a great contradiction between historical ideas and brutal realities [of the present day]. Ninety-some years ago, the people of China pursued the dream of social and economic justice, but today these are still in sight but beyond reach, they are still beautiful fictions on the silver screen.

This has also sparked controversy among Chinese intellectuals in recent years. Will Chinese development return to the [ways of] the Mao Zedong era, when “class struggle was like the ropes of the fish net and upholding the class struggle [resolved] all minor issues.” Or will it rely on mechanisms of free competition, holding up GDP before all else in the midst of international division of labor?


Angry netizens


The film may be educational in many aspects, but the manipulation of June box office schedules has enraged many people, who have collectively “trashed” the movie through the rating system of Douban Movie and other online movie sharing platforms. Eventually, Douban had to disable its rating and commenting function.


According to the observation of Sina Weibo user Hot Movie, on the morning of June 15, around 60% of audiences gave only 1 star to the movie in the 1-10 rating system on Duoban, which resulted in a sudden drop of the movie rate to 4.8.


The site later suspended the rating and comment system when the rating of the movie dropped to 2. At around 6pm, the movie rating icon had disappeared altogether. Techblogger William Long points out on Twitter that it is the first time in Douban's history that visitors have been unable to rate and comment upon a movie.


On another movie sharing site, VeryCD, the rating of Beginning of the Great Revival is 2.2, with more than 11,769 votes saying that the movie is “trash” among the 12,208 voters (screen capture at June 18, 2011 15:30):



Why people are so angry at the movie? Netizens from Hot Movie's Weibo thread have some explanations:


王SE7EN 其实拍没那么糟,还是满有可看性。大家也就是被它那排它性排片方式激怒了,不爽而已。发泄一下罢了,让人说话,天塌不下来。(今天 09:19)



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Friday, June 17, 2011

personal financeonline personal finance



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