Here are some quick notes:
1) Congratulations to the Pittsburgh Pirates on
reaching .500!! For those of you used to proper ownership and big media markets, this may not seem like much of an accomplishment. But, rest assured, it is indeed big news in for the Bucs. The future is not bright--the
fate of the pirates post trade-deadline remains uncertain, and the road trip to
Yankee Stadium and Fenway will be tough (speaking of which, I've yet to run the numbers but it seems like the NL Central has totally dominated the AL East in this year's interleague play....quite a surprise....and further proof that only morons bet on baseball)--but at least the present isn't totally abysmal.
2) A long plane ride today gave me a chance to read most of the Sunday NY Times. Here are a couple interesting notes.
A) The
yield-curve, which is a sort of pictorial representation of what bond traders think about the future of the economy, has
flattened. Alan Greenspan is telling us not to worry, but (as far as I can tell) he hasn't provide any really convincing reason why we shouldn't. The Revolution is Not a Dinner Party's official investment advice...for all you recently flush summer associates out there...is to take 2 year short positions in
market indexed instruments like Spiders. Of course, if you take stock advice from this site you truly are an ass clown.
B) Two book reviews of note--
First, Washington Post veteran John F. Harris has a new look at the Clinton White House. The
reviewer tends to think that the only reason anyone would care is that it might help us figure out why so many people hate Bill Clinton. I tend to say "I told you so" a lot. But this time I really was ahead of the curve. I've been saying for years that the reason people hate Clinton is because of his position as the sublimated essence of his generation's dreams and aspirations. Where the author and review miss the boat is by suggesting that Clinton, "suffered as the embodiment of a generation and a set of values that much of the country has never understood." What poppycock! Of course Clinton's unpopularity is generationally related, but what's really going on is much more psychological and internal. For some its pure, unadulterated envy...it irks a lot of people with hugely inflated egos and bloated senses of self to think that someone from a trailer could be that much better than them at being exactly who They thought They were. For others, its wistful regret that the best of their ranks could grab so much power with such good intentions and use it to get blowjobs and to neuter the welfare state. The truth is that baby boomers cannot judge Clinton without looking at themselves in the mirror. In a world full of unsatisfied and unhappy folks, that tends to foster extreme dislike.
Second, some Supreme Court clerk turned junior associate turned junior professor has written a fictional book about life in a soulless, bloodsucking law firm. The plot is about the choices of associates between a pro bono case and a toxic tort case. The
review is by Alan Dershowitz. Even though Dershowitz points out that a major plot line plus a major character are practically plagiarized, he recommends the book. God knows why. It seems like boring nonsense to me. The title of the review is funny enough--"Their Finest Billable Hour." This book seems extremely boring, trite, and reductionist to me. If any of you read it, let me know if its worth a place on the toilet. I like my law firm, I'm not a soulless automaton, and people who think all law firm experiences are the same (or worse yet write books capitalizing on people's notion that all law firms are the same) probably just didn't have a good time. Enjoy teaching the Four Corners Rule for twenty years, fuckface.
3) I've been trying to write a tome on movie-going...Hopefully tying together
Kingdom of Heaven,
Mysterious Skin, and
Palindromes....it hasn't been going well (i have 17 footnotes so far). Maybe I'll post it at some point. All three movies come highly recommended from this reviewer, although I only see movies with major characters suffering from leprosy or plots entirely focused on adult-child sexual encounters. What's great about New York is that isn't really much of limiting rule.