Housing and the Federal Reserve….
Bill Gross at Pimco is saying the Fed needs to let the 10 yr float above 4% to attract private investors like himself, while Mark Zandee notes the Fed needs to increase MBS purchases to drive the 10 yr back down and keep boosting refis….dueling economists baby
TGIF!! Surprise wedding first dance by Clay Family…
A double surprise! Clay and liz first do a surprise dance for their 10th wedding anniversary but once the kids join in its all over!LOL! They apache, soulja boy, two step, walk it out, reggae mix. You can tell this is a family that loves to have fun! Find out more at http://get2liz.hi5.com
For those wanting the play list from wedding:
1.Endless love – Luther Vandross and Mariah Carey
2.Gonna make you sweat – C & C music factory
3. Apache – Sugarhill gang
4. Who am I – Beenie man
5. Crank that – soldier boy
6. 2 step remix – Dj unk ft. t-pain
7. Walk it out – Dj unk
TSCC – Lover Not a Fighter promo – Derek – Notorious B.A.G.
go to savethescc.com
Bear McCreary’s Goodbye Message to TSCC fans here:
Everyone working on a series must walk the line between doing what they believe and are passionate about and doing something safe that will generate predictable ratings. The creators of this series (and I include myself and everyone else involved in this series in that group) went into unfamiliar dramatic territory here, delivering a dynamic series about multiple characters with complex arcs.
If Josh Friedman and the other writers delivered weekly scripts in which Sarah and John are chased by a different Terminator through various locales and escape narrowly before a big explosion… we might have lasted longer, it’s true. But, that kind of mindless action show would be a series that has an audience, but not one that has fans. And of course, that kind of series would be constantly compared unfavorably to the Terminator feature films week in and week out, since we’d be retreading familiar ground on a much smaller budget.
No, we had to do something more interesting. We instead made the show that we wanted to make, and that the fans wanted to see. And we ultimately fell into an old trap, because mainstream audiences would rather watch “So You Think You Can Dance” then try to keep track of Future Derek, Present Derek, Alternate Future Derek and which one Present Jesse fell in love with. Hell, when I put it that way… I think I understand why.
..
However, as a fan of the show, I’d much rather take our season and a half of interesting, quality drama than five seasons of shit blowing up or reality shows….
Looking back at those creative highs, I wanted to pick out my top ten moments. This proved impossible, so here are my FIFTEEN FAVORITE MOMENTS OF T:TSCC, both as a fan and as composer (spoilers ahead): (go to the link to Bear’s BSG blog for the rest!)
Josh’s Goodbye Message from savethescc, which sort of ticks me off especially since I heard he pitched S3 with no Frakkin Cameron in it, almost as if he wanted the show to die, sigh:
one last thing from josh friedman.
Market Mover Friday: GDP drops 5.7%….
They are celebrating like it’s over. I say it aint over…Roubini expects a double bottom, seems likely the way they are throwing money around, if you add enough liquidity there will be a temporary boost in GDP, but it isnt organic GROWTH, not real JOBS, therefore unsustainable, especially if it is a false bump based on money printing antics, then the second bottom will hurt all the more..
Why the hexx cant they just let recessions happen and not frak with them? It is part of the economic cycle, we have safety nets to help people get through it after all, that is what the safety nets are for!!
Gross domestic product, which measures total goods and services output within U.S. borders, dropped at a 5.7 percent annual rate, the department said, less than the 6.1 percent estimated by the government last month.The revisions were below market expectations for a 5.5 percent contraction for the January-March quarter.
Output has declined for three straight quarters for the first time since 1974-1975.
The Commerce Department’s preliminary report also showed corporate profits after taxes increased 1.1 percent in the first quarter, the first increase in a year, after plummeting 10.7 percent in the fourth quarter. Analysts polled by Reuters had forecast profits dropping 7 percent.
Economic activity in the first quarter was dragged down by cutbacks in business, federal government, residential and nonresidential investment as well as a drop in exports.
Gold is on fire BTW as Oil also continues to rise on the weak US dollar…now at 79- level not seen since December..
GOLD up 14.70 to 976.20 now…my GOLD is still on its run
Oil up 1.15 to 66.23
IGNentertainment – Drag Me To Hell Video Review; Sam Raimi Interview..
From IGNentertainment:
Sam Raimi returns to horror and IGN loves him for it.
One for the Road for GM: Inside Look – GM to File Chapter 11 on Monday – Bloomberg
YouTube – Inside Look – GM to File Chapter 11 on Monday – Bloomberg.
Inside Look – Mortgage Delinquencies Rise – Bloomberg
YouTube – Inside Look – Mortgage Delinquencies Rise – Bloomberg.
Mortgage Delinquencies, Foreclosures, and 30-Year Rates Increase – Interview with Mortgage Bankers Association Chairman Jay Brinkmann (Bloomberg News)
ginaswo
