Tuesday November 03, 2009
Lancelot Links
- It's already over but here's a great piece from Dan Savage who defends the sexification of Halloween as a kind of straight people's gay-pride parade: a day when straight people are allowed to dress up and bust loose:
We don't resent you for taking Halloween as your own. We know what it's like to keep your sexuality under wraps, to keep it concealed, to be on your guard and under control at all times. While you don't suffer anywhere near the kind of repression we did (and in many times and places still do), straight people are sexually repressed, too. You move through life thinking about sex, constantly but keenly aware that social convention requires you to act as if sex were the last thing on your mind. Exhausting, isn't it?
- Martin Scorsese on the 11 scariest movies of all time. I've seen 1, 4, 6, 7, 8 and 11. I keep missing the Brits.
- It's not just me. Even members of the Academy question havng 10-best-picture nominees.
- Hilarious piece from The Onion on the long, sad, World Series drought for the Philadelphia Phillies. Sample: "To put into perspective just how long the Phillies have gone without a championship, the earth has almost made one full orbit of the sun since the franchise last paraded through downtown Philadelphia holding the famed Commissioner's Trophy."
- Floyd Norris, in his column in The New York Times last Friday, says people who ask why financial-industry CEOs are so well-compensated are asking the wrong question. The real question is: Why is there so much more money in the financial industry than there used to be? From 1929 to 1988, the financial sector averaged 1.2 percent of GDP. Then it shot up in the 1990s, peaking at 3.3 percent in 2005. Why? He tosses out some possibilities, including higher charges (for managing hedge funds) , concentration (the big guys are bigger), the derivatives debaccle, evading taxes and rules, and excessive risk-taking. Worth reading the whole thing.
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