Krugman: Enough with the Deficit Panic.

What’s the greatest threat to our still-fragile economic recovery? Dangers abound, of course. But what I currently find most ominous is the spread of a destructive idea: the view that now, less than a year into a weak recovery from the worst slump since World War II, is the time for policy makers to stop helping the jobless and start inflicting pain.” The NYT’s Paul Krugman weighs in on the deficit hysteria afflicting Washington right now. Honestly, this is Keynes 101, people — you don’t dial back government spending at a moment of incipient recovery, or else you end up with things like the 1937 Roosevelt Recession.

FWIW, the deficit witchhunt may be rolling in DC, but the bond markets aren’t listening. “On Friday, they were willing to hand over their cash to the Treasury for 10 years for 3.3 percent interest, a level so low it implies they consider the United States among the safest investments in the world.

“The Beast” is not contained.

The relationship between the federal government and the oil company has been an awkward collaboration all along — “We have them by the neck,” Interior Secretary Ken Salazar said of BP in congressional testimony last week — but it reached a turning point Monday when the administration said it no longer wants to share a podium with BP at the daily briefing in Louisiana. Instead, the national incident commander, Coast Guard Adm. Thad W. Allen, will give a solo briefing wherever he happens to be.

With “Top Kill” a failure, the way forward murky, the environmental impact likely irrevocable, and oil still flowing into the Gulf at a rate three times what BP tried to spin, the Obama administration begins to move toward a more confrontational footing, including having Attorney General Holder look into a possible criminal investigation. Yeah, I’d say there’s a case there. And it’d be a much better use of Justice’s time than its flat-out reprehensible war on whistleblowers. (Aquaman cover via Graphic Policy. And Spongebob fared little better.)

Update 2: “‘We will prosecute to the fullest extent of the law, anyone who has violated the law,’ Holder said. ‘This disaster is nothing less than a tragedy.’” I’m all for it — Let’s get some accountability here for once. But, hey, you know what else is a tragedy? Torture. And you know what else? Indefinite detentions. And you know what else? The fraud-fueled Wall St. meltdown. As I noted above, the only folks this Justice Dept. seems to have been cracking down on so far, in full defiance of 2008 campaign promises about transparency, are whistleblowers. Their priorities have seemed awfully screwed-up thus far, to say the least.

A Revolutionary Dancer?

She knew that her husband was gun-running, she knew that he was accompanied by rebels and at one point she used her yacht to decoy government boats and aircraft away from the direction which her husband was taking.” The Dancer Upstairs? Newly-released documents suggest ballerina legend Margot Fonteyn was more active in a failed Panamanian coup than anyone knew at the time. Said Foreign Office Minister John Profumo (later of the Profumo scandal): “I had to pinch myself several times during her visit to be sure I wasn’t dreaming the comic opera story which she unfolded.”

Pilgrim’s Progress.

After some wrangling on Facebook, the second trailer for Edgar Wright’s Scott Pilgrim vs. the World is now live. Michael Cera, is, for better or worse, Michael Cera, Mary Elizabeth Winstead and her great big googly-eyes still seem pitch-perfect for Romana Flowers, and Chris Evans especially makes for an apt evil-ex. (Also along for the ride: Anna Kendrick, Kieran Culkin, Allison Pill, Brandon Routh and Jason Schwartzman.) Looks like it probably goes overboard on the geek wish-fulfillment, but I’m in. Update: Here are a few comic panel comparisons.

Out of the Frying Pan, into the Fire.


In light of ongoing delays in the setting of a start date for filming The Hobbit, I am faced with the hardest decision of my life. After nearly two years of living, breathing and designing a world as rich as Tolkien’s Middle Earth, I must, with great regret, take leave from helming these wonderful pictures.

As a result of the continuing fiasco at MGM (complicating any projects moving forward), Guillermo del Toro leaves The Hobbit. FWIW, the project is still moving forward, with Del Toro still writing the scripts with the LotR team and Peter Jackson saying he’ll direct if it comes down to it.

Del Toro’s leaving is unfortunate, but it sounds like the films are far enough along in pre-production already that they’ll carry some of his vision and ingenuity regardless. Still, this brings us back to 2007…Sam Raimi? Alfonso Cuaron? Peter Weir? Neil Blomkamp?

Nothing New Under the Burning Sun.

“‘This world is a strange madhouse. Currently, every coachman and every waiter is debating whether relativity theory is correct. Belief in this matter depends on political party affiliation.’ So wrote Albert Einstein in a letter to his one time collaborator, the mathematician Marcel Grossmann in 1920.

A recent history-of-science paper by a Jeroen van Dongen of Utrecht University looks into the anti-relativity theory movement of the 1920’s, and how it compares to today’s climate change denialism. “Anti-relativists were convinced that their opinions were being suppressed. Indeed, many believed that conspiracies were at work that thwarted the promotion of their ideas.” (See also: Evolution and Scopes.)

From the Annals of the Rebellion.


WITNESS the battle for the ice planet! BEHOLD the invasion of the cloud city! GAZE upon fascinating outer space dangers!” As part of the recent 30th anniversary festivities (which even drew Harrison Ford out of his shell), Cinematical and Star Wars.com post this spiffy fan-made trailer for the Empire “pre-make.” [Insert your own snarky and/or wincing sigh over the state of the actual prequels here.]

All these worlds are yours except Europa.

Studies showed the moon could have enough oxygen to support the kind of life we are most familiar with on Earth…[T]he new study suggests this oxygen-rich layer could be far thicker than before thought, potentially encompassing the entire crust.” A examination of crust-stirring on Europa increases the potential for some kind of oceanic life on Jupiter’s moon. “‘I was surprised at how much oxygen could get down there,’ Greenberg said.

GOP, meet 4chan.

We need to train an army of Ninja Cats. Cats are natural born hunters and predators, and it is known that they indeed have 9 lives, many more than the typical human life (being one). They are also excellent at hiding themselves and would be ideal for sneaking into countries and assassinating communist leaders to lessen the ever growing threat of communism, finding key terrorist leaders and shattering the global terrorist network.

As a highly entertaining Reddit thread well put it, “House Republicans turn to the Internets for suggestions on new legislation. Internets reacts exactly how you’d expect.” The lack of their own ideas aside, the fact that nobody on the GOP saw this egregious messaging #fail coming from a mile away speaks volumes about their Internet savvy. Series of tubes! (FWIW, here’s the counter-argument — More than anything, it’s a list-builder.)