Until the Crystal Cracked.

You get to monkey-swinging and things like that and you can blame it on the writer and you can blame it on Steven [Spielberg, who directed]. But the actor’s job is to make it come alive and make it work, and I couldn’t do it. So that’s my fault. Simple.

While on press tour for Wall Street 2: Money Never Sleeps, Shia LaBoeuf offers a public mea culpa for the misfire that was Indiana Jones and the Kingdom of the Crystal Skull. “I feel like I dropped the ball on the legacy that people loved and cherished…We [Harrison Ford and LaBeouf] had major discussions. He wasn’t happy with it either.

Cut Corners Kill Coasts.


We had this gradual discovery during Hurricane Katrina, where a natural disaster eventually became seen as what it was, a man-made failure. And now, what was called an ‘act of God’ and a freak accident by the defenders of the pollution industry is now being labeled, proof positive, as the consequence of design failure. Not only did the blowout preventer under the Deepwater Horizon well have a leak in it, not only did it include a dead battery, not only were the tests on it falsified for years, but when engineers actually needed to use it and tried to activate it, they didn’t have the right schematics.

As the Gulf runs black, it’s the same old story: FDL’s David Dayen brings us up-to-date on the idiotic and/or corrupt shenanigans coming to light in the wake of the (still-gushing) Deepwater Horizon gusher. “This is all a consequence of aggressive deregulation by industry, the maneuvers whereby powerful interests save billions in safety costs. They follow the rules at their discretion, they practically own the regulatory agency. It’s amazing how much this mirrors the problems on Wall Street. And just like with Goldman Sachs, the criminal justice system may get involved.” (Pic via TBP.)

Update: “‘We don’t have any idea how to stop this,’ Simmons said of the Gulf leak. Some of the proposed strategies — such as temporarily plugging the leaking pipe with a jet of golf balls and other material — are a ‘joke,’ he added. ‘We really are in unprecedented waters.’

Birds of a Feather.

Could I offer one piece of serious advice?…Start thinking now about you want your legacy to be.” Having made peace with The Queen, Tony Blair (Michael Sheen once more) now contends with President Bill and First Lady Hillary Clinton (Dennis Quaid and Hope Davis respectively) in this brief teaser for Richard Loncraine’s The Special Relationship, written by Peter Morgan. (This is the fifth Morgan/Sheen collaboration after The Deal, The Queen, Frost/Nixon, and The Damned United.) With this, Treme, The Pacific, Song of Ice and Fire, and Boardwalk Empire, the reasons for re-subscribing to HBO seem to be mounting.

The Widening Green Gap.

The US military is rushing to embrace sustainability. Its primary motive is not ethical. It is trying to keep pace with China in a strategic race to harness clean energy. Any future conflict between superpowers will almost certainly feature eco-weapons and green tactics. The oil-burning Americans are starting to realise how badly they are lagging behind.

In Britain’s New Statesman, John Naish looks at the national security and job implications of our falling behind on green tech. “The more the military thinks about green technology, the more it sees how it goes hand in hand with improving operational effectiveness…Afghanistan is the principal driver for Nato nations. Resupply convoys can be eight miles long and they in effect say: ‘Please hit me with a roadside bomb.’ Up to 60 per cent of the convoys carry fuel and water. If you reduce that need for supply, you save lives.”

See also the “clean energy is a national security issue” argument made by Operation FREE (mainly in terms of Iran and its $100 million a day in oil profits): “‘There’s no greater threat to our national security than our dependence on oil.’ Marine veteran and Operation Free member Matt Victoriano told Kerry.‘” To be honest, I could really do without the implicit saber-rattling involved with some of this argument. But let’s face it, that’s how we got a space program.

Better Late than Never.

There are a lot of people who have trouble coming to terms with that because they see marriage as traditionally between a man and a woman. But I also know that, you know, when couples are committed to each other and love each other, that they ought to have, I think, the same sort of rights that everyone has.” In the midst of her book tour, former First Lady Laura Bush confesses to being pro-choice and pro-gay-marriage. “Bush [also] said abortion should “remain legal, because I think it’s important for people, for medical reasons and other reasons.’” It would’ve been nice to hear her say as much a decade ago, of course, but I’m still glad that she’s made her feelings known.

The Ballad of Casino Jack.

The festival was over and the boys were all planning for a fall.
The cabaret was quiet except for the drilling in the wall.
The curfew had been lifted and the gambling wheel shut down.
Anyone with any sense had already left town.
He was standing in the doorway looking like the Jack of Hearts.


Thanks, Bob, I got it from here. As the links above attest, the sordid dealings of “Casino Jack” Abramoff and his GOP associates — most notably Tom DeLay and Bob Ney — made for solid blog fodder here at GitM for several years. So, between that and my current place of work, I probably had more interest than most in Alex Gibney’s Casino Jack and the United States of Money, a documentary recounting Abramoff’s rise-and-fall. And…well, it’s not bad. But, unfortunately, it’s not great either. And in terms of making the points he wants to make, I don’t get the sense Gibney really stuck the landing.

Part of the problem is Casino Jack is a maddeningly mercurial sort — and unlike the recently-released Ney, the soon to trial DeLay, chastened aide Neil Volz, and others, he and “Gimme Five” kickback co-conspirator Michael Scanlon choose not to go on the record here. So, right away, there is a cipher at the center of this ostensibly biographical story. And even more problematic for the film’s narrative and structure: Casino Jack had his fingers in a lot of pies, and if there was any way to game the political system somehow to make money, he was on the case. In short, this is one long, twisted, and convoluted story.

And thus, Gibney is left with the ungainly task of trying to explain how Abramoff turned Northern Marianas sweatshops into a bribe farm for GOP congressmen, and how his shady, playing-both-sides kickback operation gamed Native American casinos. Not to mention how his phantom think-tank on the Delaware coast was in fact a money-laundering outfit. Or how the seemingly Mob-connected takeover of a fleet of Suncruz casino ships — and the murder of its former owner — went down. And, amidst all this, how Abramoff managed to move up the GOP food chain by throwing his money around, and was depressingly successful at it. This is all not even withstanding weird tangents like Red Scorpion. So, while Gibney does an admirable job explaining the details of these various operations, he has to jump through so many hoops to get it all down that the Big Picture often gets lost.

I’m probably being a little too hard on this doc, if only because I went in with very high expectations. I was hoping Casino Jack would be more of a concise and devastating prosecutorial brief about the plague of unfettered money in politics, but it’s more broad and meandering than that. (And, to be fair, whenever you take a subject this broad, there will be some meandering — See also Why We Fight.) Still, as I said, even if the high-level connections aren’t quite nailed down, Gibney does a good job of nailing the specifics of each particular grift — the sweatshops and casinos and whatnot. And, coming across with the nerdy charm of a more buttoned-down, politically-minded version of R.E.M.’s Mike Mills, author and ex-Republican Thomas Frank (The Wrecking Crew, What’s the Matter with Kansas) is an appealing interviewee throughout, and he enlivens the discussion considerably.

Speaking of Frank’s ex-GOP years: If you already knew the contours of this Abramoff story (and I suspect most of the people who bother to see this film will), perhaps the most interesting part of Casino Jack is the first half-hour, which chronicles the old College Republican days of friends Abramoff, Grover Norquist, and Ralph Reed. And from Reed’s penchant for outlandish stunts at campus protests, to Norquist’s unabashed admiration for Leninist tactics, to Abramoff et al’s abortive attempt to engage the Third World in their free-market fundie ways, it’s seem as if the young Reagan Right of the ’80s were mainly just a cracked-funhouse-mirror version of the ’60’s New Left they so despise. (This is also in keeping with what you might expect from books like Rick Perlstein’s Before the Storm, about the ’64 Goldwater campaign.)

Still, as we move into the present day and these young conservatives fan out into the political system, Casino Jack and the United States of Money unfortunately gets its overarching message muddled. Is this movie about the former (Abramoff) or the latter (the U.S.M.)? Is Casino Jack a uniquely well-connected criminal mastermind, or, worse, the clearest expression of a political system overwhelmed by cold, hard cash? It’s true the answer to this question may just be “yes,” but the documentary can’t seem to decide at times if it wants to skewer Abramoff (and, by extension, his “unindicted co-conspirators”) or catch bigger game — the whole rotten system — and as a result, both sorta end up writhing off the hook.

At one point, Casino Jack gets caught up recounting the exceptionally douchey e-mail traffic between Abramoff and Scanlon, which is fun and all. (The best laugh in the movie is when the beach bum lifeguard running their Delaware front operation turns out to be savvier than these two would-be Masters of the Universe: “Uh, you’ve been putting this all in e-mails?”) But, even as we delve into these sordid details, the scarier implications of the Abramoff story feel shortchanged — that not only does this pay-to-play stuff seem business as usual for the Dubya White House and DeLay ring, but worse, that this monied corruption festering at the heart of our republic is both legal and even institutionalized.

And so, when the Citizens United fiasco comes up at the end, it unfortunately feels like a bit of a non-sequitur, rather than the sad culmination of the story we’ve been told for two hours. Casino Jack and the United States of Money is an able attempt at muckraking, but, to my mind, it fails to capture the true horror unfolding here: Jack Abramoff may be languishing in prison right now, and for many, many good reasons. But the mess of a system he thrived in is still right here with us — and if anything, after Citizens United, it might soon be getting worse.

Lowry? Has anybody seen Sam Lowry?

In the trailer bin, aspiring Senator Matt Damon thumbs his nose at Fate — as represented by Organization Men John Slattery and Terence Stamp — by wooing ballerina Emily Blunt in the new trailer for George Nolfi’s The Adjustment Bureau, based on a short-story by Phillip K. Dick and also starring Anthony Mackie, Shohreh Aghdashloo, and Michael Kelly. (This is not to be confused with Information Adjustments, although they do share the same sartorial sense.) Hmmm…maybe. I just hope it’s more A Scanner Darkly than The Time-Traveler’s Wife.

Tiger, Tiger, Burning Bright.

It’s December 1997, and a man-eating tiger is on the prowl outside a remote village in Russia’s Far East. The tiger isn’t just killing people, it’s annihilating them, and a team of men and their dogs must hunt it on foot through the forest in the brutal cold. As the trackers sift through the gruesome remains of the victims, they discover that these attacks aren’t random: the tiger is apparently engaged in a vendetta. Injured, starving, and extremely dangerous, the tiger must be found before it strikes again.

Risin’ up and back on the street, Brad Pitt will apparently delve into the tiger woods for Darren Aronofsky and writer Guillermo Arriaga (Babel) in a film adaptation of John Vaillant’s The Tiger: A True Story of Vengeance and Survival. Well, ok then…but Aronofsky is getting notorious for signing aboard more projects than actually happen. Along with the ballet-thriller Black Swan, which may be in the can by now, he’s also meant to be making a Robocop reboot, a Jackie Kennedy in November 1963 story with wife Rachel Weisz, and a movie about UFC fighter Lightning Lee Murray. Sounds like a full plate.

In a Flash, a Grim Recognition.

The initial reaction of traders to the Flash Crash was that some human must have made a mistake submitting a trade. But the SEC…hasn’t found evidence of a ‘Fat Fingered Louie’ punching a billion rather than a million on an order. In fact, the SEC still doesn’t know what caused this crash. Curiously, no one is focusing on what caused the crash to stop…JP Morgan and Merrill Lynch were big buyers precisely as the market hit minus one thousand points on the Dow. It seems rather odd that both these firms at the same time would see the same trading opportunity.

In fact, what they did was violate one of the prime rules of trading: never try to catch a falling knife. The market was falling fast and furious at the point they entered the pit to buy equity futures, so why did they take such an enormous risk? We learned yesterday that both of these firms, plus Goldman Sachs, were such superb traders in the market that none of them had a single losing trading day all last quarter. This type of risky trade is not how you get to be a superb trader.

Over at the Agonist, Numerian digs deep into last week’s “Flash Crash” — and comes to some very troubling conclusions. To wit, the big players know the thresholds where the trading algorithms kick in, and thus, basically, the fix is in. “The stock market seems to be nothing but a playground for the big banks and other connected firms who get a preview peek at everything that goes through the market, and who can program their computers to skim profits off daily with no risk whatever. The stock market is also, quite possibly, prone to more serious manipulation that resulted in last Thursday’s crash.

Oof. I’m out of my comfort zone when it comes to understanding market behavior, so I hope someone has a better explanation for the Flash Crash than the disconcertingly plausible one offered here. (Just saying Greece doesn’t quite cut it, I don’t think.)