Posts Tagged ‘Federal Reserve’

Tim Ross

‘Too Big to Fail’ Surprisingly Fair and Entertaining

by Tim Ross

I’ve written several articles skewering HBO for producing political projects destined to air immediately prior to the 2012 election, where the vast majority of the cast and crew are passionate Barack Obama supporters, and where the content is aimed at the Democrat’s two favorite Republican villains: Sarah Palin and Dick Cheney. So, when I sat down to watch HBO’s Too Big to Fail, I prepared myself for the worst. What I didn’t expect was the big surprise awaiting me.


Too Big to Fail, which premieres on HBO on May 23, 2011, features a star studded cast recounting the events that led to the financial crisis and bailouts by the U.S. government in 2008. It is a mini-series packed into a 98-minute made-for-television movie where several essential characters are quickly introduced and where finance and economics are casually discussed. It may help if one has a baseline of knowledge about the crisis before watching the movie. If one doesn’t know who Henry Paulson, Ben Bernanke, and Timothy Geithner are or what Lehman Brothers, Goldman Sachs, and AIG are, it may prove slightly difficult to follow.

Although the Director, Curtis Hanson (L.A. Confidential, 8 Mile), was limited to telling a very long and complicated story in a very short amount of time, he was able to skillfully pull it off. Perhaps this is because the screenwriter, Peter Gould (Breaking Bad), deftly adapted Andrew Ross Sorkin’s 2009 prize winning New York Times Bestseller, Too Big to Fail. (more…)

S.T. Karnick

New PBS Doc Embraces Big Gov’t, Criticizes Individual Freedom

by S.T. Karnick

Government broadcaster PBS is running a new, five-part series on a subject naturally interesting in our time: American Experience: The 1930s. Episodes are available for online viewing here.

The program is just what one would expect from PBS: earnest, well-researched, skillfully presented, and eager to lick the boots of government while criticizing individual freedom for everything wrong in the world.

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There are two important lessons to be learned from the Great Depression, in my view:

  1. The government causes business cycles and downturns through its erratic, manipulative policies intended to benefit powerful voting blocs at the expense of those less able to fight back. The market works when left alone, and government interference should be limited to redressing actual harms done by one party to another. This includes combating fraud, enforcing valid contracts, and setting clear but liberal guidelines for transactions made across political borders. And nothing more.
  2. (more…)

Alvaro Alvillar

Are We a Nation of Serfs?

by Alvaro Alvillar

“Give me control of a nation’s money supply and I care not who makes its laws.” — Mayer Amschel Rothschild

I thought I’d take the opportunity I have through Big Hollywood to ask about a documentary I’ve recently seen. I consider myself fortunate to have been introduced to this site and all the intelligent, well informed, talented and humorous individuals it has attracted, so what better place than here for some answers, maybe more questions, or just some plain old feedback/dialogue.

Has anyone seen or heard about the 2005 documentary, “America: Freedom to Fascism” by award winning film maker Aaron Russo? (more…)