Saturday, July 4, 2026
America 250
Margin Call (2011)
In 2008, Eric Dale (Stanley Tucci) was working on a report about serious financial issues at a New York investment bank when he was laid off. On his way out the door, he offered a thumb drive to Peter Sullivan (Zachary Quinto), a junior member of the risk management team and offered the warning to 'Be careful.' Sullivan was a rocket scientist who found that the pay was much better in banking. He spent the evening working on Dale's research and filling in gaps that required his technical skills. The results were grim. Though it was late at night, he called his supervisor, Will Emerson (Paul Bettany). Emerson reviewed the data and called his supervisor back to the office. Sam Rogers (Kevin Spacey) called in Sarah Robertson (Demi Moore) and Jared Cohen (Simon Baker), who in turn summoned the CEO, John Tuld (Jeremy Irons), at 4 in the morning. The mortgage-backed securities were a threat to the bank's solvency. Could the bank divest itself of these worthless securities before the market discovered what Sullivan's research had determined?
The story takes place over a 24-hour period, giving a glimpse of how the 2008 Crash unfolded. Where The Big Short gave a view of the overall crash, this looks at only one bank and its efforts to avert bankruptcy. The characters don't get a lot of development as there are so many. Quinto is playing Spock here, an analytical character who provides advanced knowledge with which his superiors will make decisions. Yes, a role he had already perfected. Bettany is a charming rogue and the top trader at the bank, something of a cynical nihilist. Strangely, he is a rock upon whom both juniors and seniors rely. Impressive. Kevin Spacey plays the manager of the trade floor and the man who must sell worthless securities before the market realizes they are worthless. Can he do that? Is that ethical? Jeremy Irons dominates when he arrives, offering insight on how an investment bank survives and what justifies dumping worthless product on customers.
Highly recommened.
Monday, June 29, 2026
Letters from Mexico
In March 1848, the Polk Administration provided a vast collection of correspondence related to the ongoing war in Mexico. The letters included reports from the field, communications between the generals and the War Department, troop counts, financial reports, general orders, administration of martial law, and many other topics. The letters provide details about the workings of the army, the jealousies among commanders, difficulties involved in fielding volunteer troops, and a close-up look at the personalities of the generals and officials.
Volunteer troops had a huge impact on the conduct of the war. Initially, they were brought in for only 3- or 6-month tours. Later, that was extended to 1-year and finally they were required to sign on until the end of the war. As these troops were typically raw recruits, training was required. The troops were sent to Camargo or Meir on the Rio Grande before finally being deployed. By the time the volunteers were seasoned and competent, it was time to send them home and a new wave of neophytes replaced them. As such, military victories were often not exploited. General Scott crushed the Mexican Army at Cerro Gordo in April 1847 but then was unable to drive onto Mexico City until August because most of his volunteers left in May and June.
The squabbles among and between the generals and the Polk Administration are embarrassing. Winfield Scott comes across particularly badly in his letters. Though he certainly had cause to believe the administration didn't have his back, he proved to be paranoid, acting as if the administration was trying to make him fail. On the other hand, Zachary Taylor came off well. Though there is a clear current in his correspondence that he viewed himself as mistreated by having his army transferred to General Scott, he was not a whiner and comported himself professionally. Of course, he had William W. S. Bliss as his adjutant, a man of tremendous ability who managed the general's paperwork. The letters do not offer the homespun sound of Taylor. Scott wrote or dictated his letters and it shows.
One humorous exchange was between Scott and General Gideon Pillow. Initially, Scott wrote to Pillow and requested that he 'correct' his account of a recent battle. Pillow had arrogated to himself credit for several aspects of the battle. It comes as no surprise that Pillow was later arrested by Scott, who demanded a court martial. With all this bickering among the generals, it's a wonder that the war was won.
Scott's most dramatic letter was in answer to his recall. He composed a laundry list of mistreatments he had received from the Polk Administration. Indeed, from his perspective, it looked as though the President wanted him to fail. However, his claims sounded surprisingly convincing. Was Polk trying to sink his lead general and thus lose the war? The reply from War Secretary William Marcy was devastating, answering most - though not all - of Scott's claims, often disproving them with copies of Scott's reports. Ouch!
Highly entertaining for those interested.
Saturday, June 27, 2026
Freedom of Which Religion?
John Adams
When the First Amendment was drafted, the United States was almost exclusively Christian. Many of the states had an established religion and religious tests to hold office. New England was established by a persecuted religious group who fled England two centuries before: The Puritans. Pennsylvania was founded by a Quaker. Virginia was Anglican. The Scotch-Irish of the Carolinas were Presbyterians. The Founders were aware of the diversity - being themselves members of the various denominations of Christianity - and also knew of the catastrophic wars that had torn through Europe. In fact, Europe still had state-established religions. The First Amendment addressed that directly, offering a live and let live solution to the frequent hostility among the various flavors of Christianity. However, they never considered Hinduism, Islam, Voodoo, Satanism, or various other faiths. Why would they? And that was an oversight.
Islam is not compatible with the US Constitution. If a majority of the citizens of the United States were to become Muslim, the Constitution would necessarily be discarded as against the Koran and failing to adhere to Sharia. Remember, when the First Amendment was adopted, Islam and Christianity had been at war for more than a thousand years. Islam was anathema to Western Civilization. Why would anyone think that Islam would be openly integrated into a Western nation via an 18th Century amendment written for the governing of a universally Christian country?
Obviously, the history here is irrelevant. The Supreme Court will not limit what religions are covered by the Freedom of Religion clause. Well, maybe Pastafarianism. The Founding Fathers did not foresee a time when uncontrolled migration would change the religious landscape. Case in point, the huge influx of Catholics in the 19th Century was tumultuous because the US was a Protestant country. This saw the rise of Nativism, which was an anti-Catholic movement in the mid-19th Century, most notably against the Irish. Why would a different version of Christianity be such a problem? Because they held allegiance to a foreign prince: the Pope. As late as JFK - the first Catholic president - there were concerns that the Pope would determine US policies from Rome.
Western Civilization is dependent upon Christianity. It is one of the primary foundations. If it goes, so goes Western Civilization. The West needs to prevent incompatible belief systems from taking hold. It may be too late for some Western nations.
Friday, June 26, 2026
Citizen Vigilante (2026)
Somewhere in Europe, a mother shopped with her son. As they left the store and walked toward home, a black man with a knife stabbed the mother in the neck. She bled out on the ground. Michael Sanders (Armie Hammer) was an American who had come to Europe upon his father's death. He found the situation intolerable and was only too happy to explain how things should be. Though he owned rental property, he refused to let the government use any units to house immigrants. He lectured a trio of rowdy youths about proper behavior, warning them to clean up their act; the next time he met them, there was no warning. Judges who released criminals became his targets. Then there were the criminals themselves; he was not forgiving. Much of the populace celebrate his vigilantism and he is regularly discussed by the evening news. Chief Henry (Costas Mandylor) was determined to end his reign of justice.
As a Uwe Boll film, it is badly made. The same scene will be filmed from three angles and he will use the complete footage. For example, the cop approached the door and set an explosive charge on the lock. Different angle, the cop approached the door and set a charge on the lock. Third angle, the cop approached the door and set a charge. At another point, several police are mowed down in automatic gunfire. It looked like 2 dozen men were killed but there were about 8 bodies on the floor when the action ended. Yes, different angles again. Then there is the non-linear filming. At another scene, the police are carrying out bodies from an apartment building. What is this about? It is the site of Sander's massacre of a Muslim family, which proved to be the finale of the movie. Boll must be trying to ape Pulp Fiction.
The news reports are astonishingly wooden, as if the female newscaster was reading the script for the first time. Because much of the acting is wooden, Hammer comes across as an old pro. Of course, it isn't a demanding role. Sanders is intensely serious and takes no guff. He explains to most of his victims why he is punishing them and how they deserve it. He is Death Wish and the Punisher mixed together. Mandylor proved to be bland, speaking with an unidentifiable 'European' accent. The rest of the cast are unknowns and have tiny roles.
The point of this movie is the message. Citizen Vigilante is an answer to the dramatic rise in crime across Europe and the various governments unwillingness to address it. One of the storylines in the movie echoes a real incident: a 14-year-old girl was raped by 7 teens who were given suspended sentences. Sanders claims that he will provide justice until the populace learns to provide it for themselves.
The movie is poorly made, poorly scripted, and full of holes, but the message is explosive. Where most movies and TV shows will paint the white majority as a bunch of intolerant racists and the immigrants as entirely worthy, this movie flips that narrative. The movie is a call to arms, a demand that the politicians reverse course, and perhaps a standard for the abused populace to gather behind.
Recommended.
Saturday, June 20, 2026
Perry Mason
Friday, June 19, 2026
And Hormuz is Closed Again
Well, that didn't last long. The US cannot prevent Israel and Hezbollah from fighting, but Iran won't keep the peace unless their proxy is safe. There are too many moving parts in the Middle East to maintain the fragile peace. If we aren't going to bomb Iran into the stone age, then it will just be another Afghanistan or Iraq. Neither of those have turned out well. Keep an eye on the nukes, bombing as needed, and protect US shipping. Otherwise, let the region find a balance. Beyond preventing Iran from becoming a nuclear power, this isn't our problem.
