Word: bonds
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Dates: during 1990-1999
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MICHAEL LEWIS, THE FINANCIAL COLUMNIST FOR THE NEW YORK Times Magazine, has figured out that by tweaking the rich, eventually you can become one of them. He tweaked the bond traders in his bestseller, Liar's Poker, and profited like a bond trader from the book sales. In his latest column he tweaks Steve Forbes, the presidential candidate who owns Forbes magazine, for "leading the charge to eliminate capital-gains taxes...
...doubt he's being coy with this modest proposal. But coy or not, he's missing the basic point that the stock market is a far more important national resource than the bond market, particularly the government bond market. After all, what is the government bond market except a creation of Uncle Sam's inability to pay his bills? When you "invest" in government bonds, you are merely the enabler that allows the deadbeat Uncle to continue to live in arrears, the same as if you lent the money to a neighborhood credit-card abuser...
...usual, have a superweapon trained on a Western capital, but Alec Trevelyan (Sean Bean), a freelance mastermind operating in today's chaotic Russia, has a dreary back story explaining how he went wrong instead of truly evil elan. Big mistake: we don't want motivation in a Bond nemesis; we want psychosis on a joyous, cosmic scale. Gert Frobe, you are missed...
...switch--a sex change, no less--here. Judi Dench, the distinguished English stage actress, is now running Bond. She has a butch hairdo, a brusque Thatcherite manner and a license to kill with unkindness. She calls Bond a "sexist, misogynistic dinosaur" right to his face. There's a chic in her cheek the rest of the movie direly misses...
...cranky English eccentric, still making fountain pens that explode and wristwatches that do more than tell time. He's the last link to the boyish silliness that once animated this series. One wishes him good health and long life, for if, as the closing credits threaten, "James Bond Will Return," they--and we--are going to need...