Sunday, June 2, 2013

At Princeton, Bernanke offers no hint of Fed moves

WASHINGTON (AP) ? Ben Bernanke gave the graduating class of Princeton University one of the more unusual speeches for a Federal Reserve chairman: He quoted everyone from Lily Tomlin to Forrest Gump and scarcely mentioned economics.

Bernanke's words are normally scrutinized by global investors for hints about the Fed's possible next move. But in his address Sunday on Princeton's campus in New Jersey, he specifically cautioned that his comments "have nothing whatsoever to do with interest rates." Instead, he took a poke at his profession.

"Economics," Bernanke told the graduates, "is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past were wrong.

"About the future, not so much."

Bernanke also offered nothing that could be taken as a signal of when the Fed might begin to taper its $85 billion-a-month in bond purchases. Those purchases have been intended to keep loan costs at record lows to encourage borrowing and spending.

The stock and bond markets have been rattled by speculation that the Fed will start to scale back its bond purchases later this year. Once the Fed does so, interest rates would likely creep up.

Bernanke, wearing a black robe, delivered the baccalaureate address to about 1,300 graduates seated in University Chapel. He was introduced by Princeton University President Shirley M. Tilghman, who said that Bernanke's academic research into the Great Depression while he was teaching at Princeton had prepared him to guide the U.S. economy as Fed chairman during the 2007-2009 Great Recession.

In his speech, Bernanke had a little fun with the culture of Washington, where he has spent nearly 11 years.

"In regard to politics, I have always liked Lily Tomlin's line, in paraphrase, 'I try to be cynical, but I just can't keep up,'" he said.

Bernanke said it's his impression that most Washington politicians and policymakers try to do the right thing most of the time.

"Public service isn't easy," he said. "But in the end, if you are inclined in that direction, it is a worthy and challenging pursuit."

The chairman delivered his remarks in a speech titled "The Ten Suggestions," a play on the Ten Commandments. He urged the new graduates to be open to surprises that are sure to come their way, invoking the line from the movie "Forrest Gump" about "life and boxes of chocolates and not knowing what you are going to get."

Bernanke kidded the graduates' parents about the financial strains of sending children to Princeton. He said someone who had sent three children to the Ivy League school once told him that financially, it was like "buying a new Cadillac every year and then driving it off a cliff."

The Fed chairman has given no indication what he plans to do when his current term ends in January. If Bernanke chooses not to remain at the Fed for another term, there has been speculation that he might return to Princeton, where he spent 17 years as a professor. But he might have sent a hint in one of his jests Sunday.

"I wrote recently to inquire about the status of my leave from the university," Bernanke said. "The letter I got back began, 'Regrettably, Princeton receives many more qualified applicants for faculty positions than we can accommodate.' "

Bernanke felt the need to add in a footnote to the printed copy of his speech that this remark was a joke, since his leave from Princeton expired in 2005.

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Associated Press reporter Rema Rahman contributed to this report from Princeton, N.J

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Source: http://news.yahoo.com/bernanke-offers-wisdom-no-hint-fed-moves-180126357.html

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'Fast 6' hangs onto first place at box office

LOS ANGELES (AP) ? With its supercharged muscle cars, "Fast & Furious 6" raced to first place at the box office for the second consecutive weekend.

Estimates released Sunday show the Universal Pictures release will add another $34.5 million to its North American ticket sales, keeping it in the No. 1 spot after opening to more than $120 million over the Memorial Day holiday.

The magic-heist thriller "Now You See Me" exceeded industry expectations to debut in second place with $28.1 million.

"After Earth," the futuristic caper starring father-and-son team Will Smith and Jaden Smith, opened to $27 million, good for third place.

Fox's animated "Epic" and Paramount's "Star Trek: Into Darkness" tied for fourth place with $16.4 million each.

"The Hangover Part III" was fifth with $15.9 million.

Source: http://news.yahoo.com/fast-6-hangs-onto-first-place-box-office-162720609.html

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Movie/TV star Blucas plays role of hometown hero | GoErie.com/Erie ...

Marc Blucas has romanced a vampire slayer and died at the hands of ambushing Viet Cong. He's played a Secret Service agent keeping a very big secret from Katie Holmes and a firefighter who takes a nonlethal bullet from Tom Cruise.

His latest turn has him portraying the love interest of a tough, dangerous Texas lawwoman.

There's one role Blucas consistently reprises -- that of hometown hero. It's a comfortable fit, and he's played it so well before.

A star on Girard High School's 1988 and 1990 PIAA basketball championship teams and later the college teammate of current NBA All-Star Tim Duncan at Wake Forest University, Blucas returns to Erie for the Erie Times-News Varsity Cup awards Tuesday.

Now living outside Philadelphia in Bucks County with his wife, television journalist Ryan Haddon, and their three children, Blucas, 41, left behind the craziness of the West Coast but none of the craziness of an actor's life when he returned to Pennsylvania two years ago.

Blucas said the move made sense now that filmmakers have uprooted themselves from Hollywood to take advantage of tax breaks offered by cities like Pittsburgh, where a handful of films are being made each year.

His new pilot for ABC, "Killer Women," was filmed in Austin, Texas, but the series itself will be shot in Albuquerque, N.M., later this summer.

"Nothing shoots in Hollywood anymore, so actors are Gypsies again," Blucas joked during a recent phone interview.

A business major in college, Blucas was preparing to enter law school in 1995 when he hatched a plan to become a sports agent. His idea was to form a team of professionals, a "one-stop shop" that would help athletes with everything from financial planning to endorsements. The new venture was taking off and had caught the interest of Dale Earnhardt, NASCAR and the NBA.

"I was setting the table," Blucas said of his early work on the project, "but I thought it was going to be a really good meal."

At that point his career path made a dramatic turn, in part because of his athletic ability.

The makers of the movie "Eddie" needed an actor who could play basketball for a small part. Blucas knew he could play ball, but could he act?

He landed the job, and his acting career took off shortly afterward. His first role in a significant movie came in the 1998 film "Pleasantville," in which he played the aptly named Basketball Hero.

Since making the decision to act in his mid-20s -- woefully late by Hollywood standards -- Blucas has worked steadily in both TV and film. "Necessary Roughness," the USA Network series about the female psychotherapist for a pro football team -- Blucas plays her love interest -- recently was picked up for two more seasons.

So he'll acknowledge life is good, but not in a throw-care-to-the-wind, megastar sort of way.

"In this business most of us still go through unemployed periods where you don't know where your next paycheck's going to come from, and it's very stressful," Blucas said. "It's not all sunglasses and autographs. Not all the time, at least."

Blucas will serve as the keynote speaker at the third annual Varsity Cup awards banquet, honoring District 10's top athletes and teams from the 2012-13 academic year. The banquet will take place Tuesday at 6 p.m. at the Ambassador Center.

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Q How's work?

Good. We've got two more seasons of "Necessary Roughness," and I just finished filming a pilot for ABC called "Killer Women." It was kind of cool because we shot in Austin and I finally got to act as kind of the action guy. I did all my own stunts, which really is owing to my athletic background.

The reality of acting is that most of these guys in Hollywood spent all of their high school years in drama classes, and they're not really great athletes. Obviously that wasn't the case with me, so people were almost mouth agape when I was doing the stunts.

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Q Your career has had a nice upward path.

I'm wildly lucky. I had to make up for a lot of lost ground because when I got out there, guys like Leo (DiCaprio) and Ben (Affleck) had been acting since they were 13, so they had a 13-year jump on me. It caused a lot of frustration when I was younger. It took awhile for me to be grateful for the life I had.

I owe a lot to my upbringing in Girard and the way it shaped me, because everything I do, I go hard. I went hard as an athlete, I go hard when I act and I go hard when I relax.

I've got a 19-month-old daughter and two stepkids, and life is great, but it's busy.

When I'm not working, I'll challenge anyone to the title of the busiest unemployed guy on the planet.

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Q Before you made a name for yourself, did you surprise anyone in pickup basketball games?

Yeah, all it took was one game and then the word got out, because Hollywood is basically middle school with money.

When I first went out there I played in a game with some actors in a celebrity entertainment league and I had like 51 points and five dunks, and people were like, "Who is this kid and where's his SAG card?"

They found out I played at Wake Forest, and after that I got asked to play in every traveling celebrity game. So it's true what they say, your past does inform your future.

Q Does the competitiveness you learned as an athlete serve you as an actor?

Honestly, it's a double-edged sword. Obviously that's where I got my commitment and passion and energy. You understand that all the repetition and practicing you do helps you get better, and that part's the same.

On the other side of it, most of the time as an athlete you're trying not to show any weakness. You know when I went to college I was usually the smallest kid on the court and I was trying to show no vulnerability. I was constantly trying to show how tough I was. But as an actor, probably the best attribute you can have is vulnerability. The best guys in Hollywood, the leading men, are the ones who can show they have a chink in their armor. It took a long time for me to train myself to show that convincingly and consistently. At first I could show it for one take, but you have to be able to do it for 12 takes, on demand. I finally got to the point, after a lot of work, that I was able to do that.

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Q Was it difficult making the decision to become an actor, especially after you had begun forming the sports agency?

I was a business major looking for the thing that was going to spark me. Luckily I found it, but there were a lot of cool failures along the way.

When I did "Eddie" I figured I could just tell my grandkids some day that I was in a movie. But I kind of caught the acting bug. People were telling me, "Go to LA. Meet these people. You have a natural talent."

It was like basketball all over again. I was excited. It was what I thought about when I went to bed at night and what I woke up to in the morning. I just said to the guys (at the sports agency), "Hey, I have a passion."

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Q You played with (San Antonio Spurs star) Tim Duncan at Wake Forest. Are you amazed he's been so good for so long?

It's really the longevity that's the most impressive thing. Anybody in the NBA is good enough to score 30 one night, but he's been doing it for 16 years. I tell him all the time, "I can't believe you're still doing this at 75 years old." What he does on the basketball court is remarkable, and he's got no jewelry, no posse, he's an intelligent, talented guy, and to me he's the best power forward in NBA history. I'm a little biased because he's a close friend of mine, but anytime I need motivation I turn on the TV and watch him play.

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Q Are your recollections of that 1990 Girard team still vivid or does that run seem like a million years ago?

A little bit of both. It does seem like a lifetime ago, but I can call up those memories in an instant and just get intense right away. I really had a one-of-a-kind, storybook high school basketball experience. I tell people if you didn't live through it you can't possibly understand it. Maybe go watch "Hoosiers" and you're close.

You know, we get to the arena for the state championship game and there are 4,000 Girard people already there with their bagged lunches. Not getting there when we did because they followed the buses, but they beat us there because they left work early to drive down. It was a remarkable time.

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Q Did you appreciate it then or did that happen later on?

I think we did. I think we all did. I think we were a pretty unique group. Everybody thinks their dog's the greatest. But when you think about it, Coach (Dick) Holliday put in an offense where there was never a play. We would pass the ball one way and that was one play, we would pass it another way and it was another play. We were unscoutable.

And the stars lined up for us. We had five starters who were all straight-A students. I'll never forget the TV interview Brooks Bowen did one time. The reporter asked him if he was ever jealous that Joe (Gette) and Marc get all the attention. And he said, "You know, they're role players, just like I am. Their role just happens to be to score." I thought that was an amazing answer, because when I heard the question I was terrified thinking about what he was going to say, and I have no idea how I would have answered it.

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Q Have you managed to follow some of Girard's recent teams? This year's team had a nice run in the PIAA playoffs.

Definitely. Yeah, they had a great run with that group, and Darrin (Mayes) did a great job. I always try to keep tabs with it, and you're always making comparisons. How good are they? Could they have beaten our 1990 team?

It's a special program and it means a lot to have been part of it. But, you know, it was a much different time, too. We didn't have cell phones or the Internet back then. Basically if you lived in Girard when I was growing up there were only three things to do -- hunt, listen to Bon Jovi and play basketball.

JOHN DUDLEY can be reached at 870-1677 or by e-mail. Follow him on Twitter at twitter.com/ETNdudley.


Source: http://www.goerie.com/article/20130601/NEWS02/306019947/Movie/TV-star-Blucas-plays-role-of-hometown-hero

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Source: http://patientblog.oaevansville.com/uncategorized/desire-to-be-more-popular-obtain-twitter-supporters/

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Follow live: Large twister near OKC

Fossilized sediment from New Jersey's salt marshes contains evidence of a migrating coast line. For some 2,000 years, up until the dawn of our modern warming era around 1900, the sea level off of what's now New Jersey was rising by about one to two millimeters a year, with the coast itself imperceptibly creeping inland. Today, the sea level is rising by three to five millimeters a year.

Source: http://news.yahoo.com/blogs/lookout/live-updates-large-tornado-ground-west-oklahoma-city-232120467.html

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Saturday, June 1, 2013

Samsung's 65- and 55-inch 4K TVs launch next month in Korea for less than $8,000

Samsung's 65, 55inch 4K TVs launch nex

Samsung's first 4K TV came with an eye catching 85-inch frame design and an eye popping $39,999 MSRP, but its next two will apparently be much more reasonable. The 65- and 55-inch versions have just been given a release date and pricing information in Korea and while still expensive, they've followed Sony's lead to a sub-$10,000 price point. The machine translated press release indicates pre-orders should start June 1st, with the 55-inch model available for 6.4 million won ($5,670), and the 65-inch version for 8.9 million won ($7,913).

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Source: Korea Newswire

Source: http://www.engadget.com/2013/05/30/samsung-65-55-inch-4k-price/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget

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Jonathan Kim: ReThink Review: Now You See Me - Abracadiculous!

If you want to see a terrific film about magic and magicians, I recommend Christopher Nolan's criminally underrated film The Prestige, which tells the story of a feud between a popular magician who specializes in showmanship (Hugh Jackman) and a struggling one who literally lives his craft (Christian Bale). The new film Now You See Me is a crime caper about a group of magicians (Jesse Eisenberg, Woody Harrelson, Isla Fisher, and Dave Franco) who pull off a series of robberies while being pursued by the FBI and Interpol, embodied by Mark Ruffalo and Inglourious Basterds' M?lanie Laurent. While The Prestige explores the craft and mindset of differing magicians, Now You See Me uses magic to justify a story that, on cursory examination, proves to be little more than smoke and mirrors. Watch my ReThink Review of Now You See Me below (transcript following).

Transcript:

Magic and crime capers are fun for similar reasons -- in both cases, you're watching people using cleverness and misdirection to pull off the seemingly impossible. So a movie about a group of magicians who use their skills to rob banks seems like it would be a great time at the movies. And judging from the positive reaction of the audience I was with when I saw Now You See Me, that guess was correct. But I think director Louis Leterrier actually pulled off a trick of his own, using fast editing, constantly moving cameras, and dramatic music to create the illusion of a coherent, plausible heist film.

Now You See Me starts with introductions of the four magicians. Atlas (played by Jesse Eisenberg) is a smart but arrogant street performer. Henley (played by Isla Fisher) is Atlas' former assistant who has gone on to be a successful escape artist. Merritt (played by Woody Harrelson) is a mentalist and hypnotist working at a resort, and Jack (played by Dave Franco) uses sleight of hand for petty thievery. The four of them are assembled via mysterious invitations, and a year later they resurface as a Las Vegas act calling themselves the Four Horsemen, where their big finale involves an alleged teleportation that leads to the actual disappearance of millions of Euros from a French bank.

So the FBI is called in, led by agent Dylan Rhodes (played by Mark Ruffalo), who's joined by a French Interpol agent named Alma Dray (played by M?lanie Laurent) to solve the robbery and stop two more heists the Horsemen plan to pull off during shows in New Orleans and Brooklyn. The group is also being pursued by Thaddeus Bradley, a former magician turned host (played by Morgan Freeman) with a TV show that debunks and exposes magic tricks. Michael Caine is also along for the ride as the Horsemen's benefactor.

That's quite a cast to work with, but Leterrier -- whose experience is mostly with action movies like The Transporter and Clash of the Titans -- doesn't seem to know what to do with them, and none of the characters are well developed. In fact, the only thing Leterrier seems to know how to do is go fast with constantly moving camerawork, ADHD editing, and a loud and propulsive score that keeps things zooming at a breakneck pace, perhaps with the hope that you won't have a moment to digest what's actually happening. Because if you did, you'd probably realize that the schemes the Horsemen pull off are awfully nonsensical.

And that's a real problem. The fun of Ocean's 11-style heist films is the meticulous planning of the heist, then seeing if it will succeed in the face of obstacles, accidents, and antagonists. Heist films like Now You See Me show you the successful heist, then have an investigator attempt to figure out how it was committed to catch the criminals and prevent another robbery. The problem is that as the Horsemen's robberies get bigger and bigger, the explanations of how they pull them off become sillier and more outlandish, requiring the Horsemen to have more expertise, money, time, and access than they could possibly have, to the point that they almost seem more like superheroes than magicians, ending with a reveal that's definitely a surprise in that it's so implausible that it collapses under the most cursory examination.

The filmmakers' solution to this is not to create a story that makes sense, but to simply speed through it so fast and distract you with so much sensory stimuli that you don't have a chance to think about it. It's a pretty cynical way to make a movie, but that's not to say it can't work, and the crowd I saw Now You See Me with largely thought it did. But while I consider this to be a kind of magic trick, it's a pretty crummy one. A good magic trick is one you can't figure out no matter how hard you try. A bad trick is one that dazzles you in the moment, but when you stop and think about it, you realize you were being distracted while someone picked your pocket.

Follow ReThink Reviews on YouTube, Facebook, and Twitter.

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Follow Jonathan Kim on Twitter: www.twitter.com/ReThinkReviews

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Source: http://www.huffingtonpost.com/jonathan-kim/rethink-review-emnow-you_b_3363610.html

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