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...other forms of financial regulation, many conservatives long thought that few, if any, were needed, but the crisis has changed some minds. Alan Greenspan's famous October admission that his antiregulation ideology had failed was a landmark on this front. Federal judge and Chicago Law School professor Richard Posner's new book, A Failure of Capitalism, is another. In it, Posner fingers financial deregulation as a major cause of the crisis. He's less clear about what we ought to do now, although one of his suggestions very much fits the crude-measure standard: we should consider raising income taxes...
...become rich and famous in the depression '30s, a fellow could make movies, play baseball or rob banks. John Dillinger chose Way 3, and for a while he enjoyed the celebrity of a Clark Gable or a Lou Gehrig. Newspapers breathlessly limned his exploits as he made sizable withdrawals from vaults throughout the Midwest, using his machine gun as collateral. But killing cops puts a man at greater risk than hitting a homer or kissing the girl. Dillinger stirred the hunter's blood in J. Edgar Hoover, the young director of the FBI, and Hoover's most resourceful agent, Melvin...
...this docudrama grit allows for precious little dramatic juice. Given that Dillinger's death was the most famous kill in FBI history, there can be no coil of suspense in this story; its ending is as predictable as a Passion play's. The vitality has to come from whatever fresh insights Mann can find in Dillinger's Stations of the Cross. And these are lacking. Few sparks are struck in the love story; Cotillard, last year's Oscar winner for La Vie en Rose, makes a tepid bedmate for the always sexy Depp. Mostly the film displays gangsters doing their...
...Using a mattress, a coin meter and a clip-on vibrating device, in 1958 inventor John Houghtaling, 92, created his most famous product: the Magic Fingers Vibrating Bed. Billed as a sleep aid, the machine was a staple of U.S. motels in the 1960s...
...Jackson was charged with child molestation in criminal court. At his trial in 2005, he proclaimed his innocence, once showing up in court in his pajamas. The jury agreed with him. He was never convicted of anything, except terminal weirdness, by a public for whom Jackson was less famous than notorious...