I don’t see the problem with a Greek default
I don’t see the problem with a Greek default, return to the drachma, devaluation, and reconstruction. The default means some big hedge fund folks will lose billions. Cry me a river. C’est la guerre.
Russia defaulted in 1998, and it is getting near default conditions now due to western sanctions.
Argentina defaulted in 2002, but now has brought 93 percent of the defaulted bonds out of default in the 2010 debt restructuring.
Cyprus defaulted on sovereign bonds in 2013.
A small country like Greece defaulting shouldn’t be a problem for the world community. It will be painful enough for Greece without deliberately trying to undermine the left-wing and technocratic and intellectually competent government or to punish the people as a whole for their democratic vote.
As a younger nation, the USA suffered repeated economic collapses and national bank failures. The Panic of 1819. The Panic of 1837 and the collapse of the Second Bank of the United States. The Panic of 1873. The Panic of 1907. The collapse of the Bank of the United States (a private bank) in 1931 which started the Great Depression. Please some lessons learned people. This isn’t something which never happened before and means the Greeks have to be ostracized. The market will punish them for a default. Unless and until they redeem the defaulted bonds, Greece will pay a premium on any future debt it issues.
If the capitalist leaders actually understood and believed in liberal capitalism they would let things take their course and let those who made bad investments eat the losses. And if they were wise social democrats the would make a safety net to bring Greece back to full employment and a favorable balance of trade and payments. What we are seeing from the EU and the international bodies is more akin to mercantilism.
Trying to force a Greek collapse to punish them for defaulting on some bonds is quite stupid and petty. And did the walruses of the right really see off Yanis Varoufakis because he was way cooler then them, actually understood economics, and said snarky meanspirited things about them? Boo hoo.
Copyright © 2015 Henry Edward Hardy
Thoughts on the TV show Vikings
Copyright © 2015 Henry Edward Hardy
Some thoughts on Mad Max: Fury Road.
Some thoughts on Mad Max: Fury Road.
I’m going to assume you have either seen the movie, know the general plot, or don’t want spoilers.
I enjoyed Fury Road but I don’t think it is as good as the reviewers claim. It is a B movie and destined to forever be one of the classics of that genre. It isn’t a feminist epic, though there are some nods in that direction. It does pass the Bechdel test and with flying colors despite there being almost no dialog in it. But most every movie should do, that doesn’t make it a feminist movie. The old ladies, the Vuvalini, are just the only non-evil gang/tribe.
The dialog is weak, almost non-existent, and isn’t so interesting. I’m also not fond of the early voiceover, that’s a lazy device probably demanded by the studio who were maybe uncomfortable with the no doubt WTF reaction of some older focus groups.
Of the core group of characters, in many ways Hardy’s Max is the least interesting. I didn’t think Hardy’s performance was that great, he lacked the screen presence and manic intensity of the younger Mel Gibson. Of course here his character is supposed to start so beat down and deindividuated as to say when asked his name, “Does it matter?
Where I give the movie very high marks is for physical effects, cinematography, editing, stunt coordination, logistics, and the creation of a very strange world which approaches Alice in Wonderland in weirdness and Saving Private Ryan in nihilistic brutality. The names are nothing if not inventive, such as The Splendid Angharad, Capable, and Toast the Knowing.
The film owes something to Harold Lloyd and Charlie Chaplin in the physical comedy and timing, and exquisite complex rube goldberg-like crashes. In a horrible way it is quite funny, like a live action Road Runner. At the same time it is as horrifying as Apocalypse Now. The lady next to me spent most of the movie with both hands palms pressed to her cheeks in the classic look of horror. Her mouth was in a little “o” as in OMG what am I seeing? But, she didn’t look unhappy.
The long shots of broad desert landscapes are awe-inspiring and make Fury Road a modern “Lawrence of Arabia.”
It wouldn’t be wrong to say this is like a stagecoach western on acid, where the stagecoach tuns into a dieselpunk battlewagon with two small cars welded on the top for turrets, the pursuing outlaws turn into radioactive mutants in monster trucks, the hostile tribes turn into jawas in porcupine like cars and a explosive-spear-chucking 100 mile-per-hour cirque du soleil respectively, and the cavalry turns into rifle-toting old ladies on motorcycles.
If you go expecting another Mad Max movie you won’t be disappointed and you might be pleasantly surprised. Otherwise if you go in cold, hold onto your hat, or in the case of my seat neighbor, your face.
Copyright © 2015 Henry Edward Hardy
“War on Christianity” meet “War on Islam”
“War on Christianity” meet “War on Islam” (using the US, and Afghanistan and Iraq as the templates)
People say things about you and your religion which you don’t like.
Both: Yes.
A nation of the other religion conquered your country and had executed the former leader.
Islam: Yes.
Christianity: No.
The media considers the name of your religion to be synonymous with “extremism” and “terrorism”.
Islam: Yes.
Christianity: Not so much.
Your country is being occupied by a superpower which is predominantly of the other religion.
Islam: Yes.
Christianity: No.
Civilians in your country are subject to illegal assassination carried out by remotely piloted aircraft.
Islam: Yes.
Christianity: No.
Your religion is subjected to occasional terrorist attacks.
Both: Yes, but in the case of the victims of the other religion, each religion’s fanatics blames the victims.
The terrorist attacks on your religion are reported as a major world news event.
Christianity: Yes.
Islam: Not so much.
Your country possesses, and asserts the right to strike first with nuclear weapons.
Christianity: Yes.
Islam: No.
What do you think of my analysis?
Copyright © 2015 Henry Edward Hardy
Glass, the good, the bad, and the ugly.
Glass, the good, the bad, and the ugly.
Good:
1. Heads up display is readable and clear if finicky to get it set right. Even with my prescription lenses. Despite being nearsighted and able to read up close, I can’t read anything on glass without my glasses. Glorious indeed compared to all previous efforts I have seen (probably not including some military HUDs). There is this little 640×480 screen floating in your field of view up toward the top. Rearview mirrror territory which is one more reason not to drive with this thing on.
2. Sound quality is fine on earbuds, so-so too soft on built in bone conduction speaker.
3. Interface is understandable. It is a timeline. Each event is a card, and it has certain functions associated with the card type. This is very much work in progress. You can port an android app to it, or even debian/ubuntu packages, but its up to you to make them work. A wireless keyboard and mouse will be a necessity until someone makes a workable virtual keyboard. Then the glassheads will be walking down the street like sleepwalkers. Well, typing, so sleep typers. Will see if I can get one of my Logitech 850s and Logitech MX mouse working.
4. Killer app. Make a broad wink and take a picture. Picture quality is very good compared to my nexus 4.
5. The motion, orientation and acceleration sensors’ potential is barely scratched. The potential exists for fully virtual worlds, or “enhanced reality” that changes with your headmotion and field of view.
6. Getting live video of breaking news from CNN is cool.
7. Voice recognition and speech synthesis are scary good, HAL 9000 quality or better.
Neutral:
1. What if people updated shots of their location to google maps and did google street map full surround environments everywhere all the time. Like Open Street Map or OS Opendata but so much more.
Bad:
1. Web browser is limited to google search, which almost always takes you to wikipedia. Selecting a link and going there is difficult and of course entering text without a keyboard is currently impossible.
2. Gmail integration is barely there. You can only see messages as they come in, and reply to them. That’s it.
3. SMS is useful but a picture a friend sms’ed to me ended up in my gmail, but I didnt get paged about it on the glass so I had no way to retrieve it.
4. Battery life is nowhere near the claimed 24 hours. More like 1.5 to 2 hours as I use the thing.
5. They seem to be trying to make this a standalone device. That’s a mistake. For one thing people need to stay near where they can charge it either a plug or a computer or laptop. Also most of the time people are going to have it tethered to their phone for calls, sms and often for wifi bridging also. There is your mouse and keyboard device if google would get a clue and enable that synergy.
Ugly:
1. MAJOR COMPLAINT They make you enable location for every app. They make you enable google plus, even if you earlier cancelled your account. This is not good for the user, it is merely to try to use this to make a walled garden where customers will buy all their media and game content through google play. Of course, the open source nature of android goes totally against this, but they are building a legal bulwark and I can see android being “delinuxized” as VMware was in a couple years and becoming fully proprietary and closed. The money men are winning at Google and something beautiful is being destroyed there.
Copyright © 2014 Henry Edward Hardy
