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...friendly hippie-dippie neighbor (Fred Willard) is something of a grotesque. This isn't so much youth in revolt as youth in disdain, which seems ironic, given how much Nick and Sheeni long to have access to the ways of the adult world, including travel and freedom and, yes...
...dial. However, when a live 3-D event is not playing, which will be most of the time for now, the channel will be dark. You'll need to buy a 3-D-capable television set, get a set-top box from your cable or satellite provider and, yes, grab a pair of glasses. "There will be varying degrees of glasses," says Bratches. "You can buy glasses for 50 cents that look like you're sitting next to Jake and Elwood Blues, or you can buy a very high-end designer pair. They all do very different things." Be careful...
...ESPN is still Disney's cash cow, the 3-D channel will carry significant risks. In addition to added production costs, there's a more crucial issue facing ESPN: whether people are ready to fork over big bucks to upgrade their television sets, just for a few good games. Yes, consumers can expect more 3-D content to be rolled out over the next few months. But will there be enough to justify what could be a $4,000 purchase, in a sticky economy, by the time ESPN 3-D launches? Plus, will the consumers who have already dropped...
Because they might have to restart the buying program later? Yes. I think the Fed wonders about this as well. But you have to understand that the Fed's probably under political pressure - such as the hearings for new regulation of the Fed, the growing public unease about the supersized Fed balance sheet, etc. The Fed's expanded balance sheet is not something that I consider to be a problem, but I think the market does - and so the Fed will probably be working in the direction of pulling some of the liquidity out of the marketplace. They...
Would a second federal stimulus package improve your outlook? It would help the economy, and if applied through Fed programs in terms of outright purchases of assets, yes, I think it would help the markets. I do sort of expect another stimulus program in 2010 at some point, but it can't be a big one, because the American public and indeed the rest of the world is increasingly demanding some type of fiscal discipline...