finance geekery

Watch the buffoon gallery of commentators from across the talking head "news" networks shut down Mr. Schiff's warnings of a looming financial crisis as though he were a conspiracy theorist. 2008 and he was totally right...take that Ben Stein!





BTW I share the best finance, econ, poli, and fightsport blog entries I come across online here for any of you who are geeks for that stuff.

where's the wrestling?

Saturday night I stayed in for what has become a common occurrence in the last couple of years. It was a combo PPV championship boxing and free, televised MMA courtesy of SpikeTV and the UFC. The boxing match was a 170lb catchweight fight between legendary veteran Bernard Hopkins and undefeated middleweight champion Kelly Pavlik. If you like boxing make sure you find your way to HBO this Saturday night for the replay. Against most pundit's opinions the snaggle-toothed vet put on a clinic you have to see to believe, solidifying himself as one of the all-time great middleweights.

Whenever one of these nights occur you can't help but notice the difference between boxing and MMA striking. It's a difference of range & style, and at the moment also a difference of quality. Joe Rogan even dropped some commentary about the room for improvement in MMA striking. Personally I'm pretty proud for the MMA athletes I follow because most are advancing the game steadily and surely on the boxing front. It showed Saturday night as the leather was flying all over the cage. But nonetheless I'm posting to bitch about that show. My complaint is actually the lack of grappling we saw Saturday night! See if I want to see hellacious power shots and masterful combinations I know where to go; between the ropes. I like the heavy punches and big kicks in MMA, but what makes it unique are the explosive takedowns, scrambles & reversals, clever escapes, and of course the submissions. There was almost nil grappling Saturday (exception and props to Davis for the choke). To me that makes for a disappointing card.

So here's my personal suggestion to UFC matchmakers: on those nights when you are going up against elite caliber boxing telecasts, please make sure to schedule and televise some matches featuring accomplished wrestlers and BJJers. Against each other. Guarantee you'll deliver one ground war on these nights, Dana. This way your commentator doesn't have to apologize that your fighters aren't Hopkins, and more importantly I can feel satisfied.


For boxing champs it's a matter of inches:


For the UFC main-eventers it's improving with a ways to go:

entertainment means avoiding passivity/everyday I contemplate a sword

Awesome experience, I can't recommend it highly enough. If you are resolute about jumping then everything goes smoothly right up until they open the hatch. That's when the anti-evolutionary nature of your proposed action becomes most evident. However the act of literally tossing caution and prudence to the wind violently, and then the adrenaline rush of accelerating to 120MPH really isn't anti-evolutionary. Insects can be prudent but I don't think they can enjoy freefall. Although the instructor and photog insisted on me looking up for pics, I had a hard time peeling my eyes away from the onrushing ground. Also got some light rafting done out in the Poconos. Overall the weekend was a healthy and necessary dose of of action, and being outside the city.

It reminded me of this quote from Ghost Dog, which actually comes to me often as I amble through life.

The Way of the Samurai is found in death.
Meditation on inevitable death should be performed daily.
Every day, when one's body and mind are at peace, one should meditate upon
being ripped apart by arrows, rifles, spears, and swords,
being carried away by surging waves,
being thrown into the midst of a great fire,
being struck by lightning,
being shaken to death by a great earthquake,
falling from thousand-foot cliffs,
dying of disease
or committing seppuku at the death of one's master.
And every day, without fail, one should consider himself as dead.
This is the substance of the Way of the Samurai.

The Holy Mountain

Recently I posted briefly about my trip through Philip K. Dick's gnostic psychosis. Being a book the insanity on offer there could only do something for the reader if he brings his own dose of insanity to the table (for one, committing to finishing it). Well last weekend I was exposed to something exponentially more irrational (trans-rational?) in the form of a film. Most people are well trained to sit through a movie, making this also more effective.





A friend brought over The Holy Mountain by Alejandro Jodorowsky. I really can't describe it beyond saying it is hyper-surreal, sacrilegious, graphic and fairly repulsive in parts, and on the whole soul disturbing. It's full to brim with symbols from various mystical systems (Christianity, tarot, etc.) in strange scene after strange scene, all loosely tied together by a figure on a spiritual quest. This sort of thing may have been common back in the sixties and seventies, but it's alien and quite fresh to me. I followed up on the auteur behind it and he is as colorful and bizarre as the film. Jodorowsky is a Chilean of Ukrainian descent, was run out of Mexico for heretical film-making, and is now a comic book artist of some renown in France. I ended up ordering some of his graphic novels and the box set of his other films. I'm sure I'll have to post once again after seeing those.



You should see this, if only because someone actually was able to pull it off. But if possible you should do it at some point when you are at least marginally curious and informed about mysticism. And why should you ever be? Well I came across a related quote today post which seems as good a reason as any:

"Nonsense is nonsense, but the study of nonsense is scholarship."

“What Have We Who Are Slaves And Black To Do With Art?”

Up and down the ladder I go, chasing after 'truths' then grounding myself in realities. In that vein I ran into this interesting piece at n + 1 about Ralph Ellison, high art, and black culture. Even if you are unfamiliar with Ellison, as I am, it offers some worthwhile contemplations on the role and value of pursuing universal, humanistic truths and thought systems, particularly as a non-white. It caught my attention with this about one of my fave authors, Jorge Luis Borges. It seems impossible to read widely and deeply without coming across thinkers with beautiful ideas but odious, annoying prejudices so it didn't strike me too negatively (there's also something to be sid about context); anyway what caught my thoughts was the sophisticated excuse for Borges bias and what the article's author, as well as Ellison, have to say about it.

"Some time ago I came across a skinny little book bearing the title With Borges. It is the recollection of a brief stint in a young man’s life spent reading to the Argentine giant of letters, Jorge Luis Borges. Much in the book was familiar – Borges lived with his mother into his sixties, he devoured books with a fiendish voracity, his blindness in old age necessitated that others read aloud to him – but one tiny passage, an aside, was new and striking to me: in it, the memoirist notes that though the great cosmopolitan boasted a taste for everything under the sun, from ancient Nordic folk verse to kabbalistic number games to cheap Westerns and detective stories, Borges nonetheless remarked that there was absolutely nothing he could find of universal importance in American Negro culture. It was simply too provincial. And because, as he saw it, Negroes had failed to produce a “universal culture” – like that of the ancient Greeks, the English, the Arabs, the Chinese, the Jews – because they could offer nothing of equal worth to the rest of the world, they were therefore in a sense inferior. This was Borges’s view and it is something that I have come to think about often. "
- "What Have We Who Are Slaves And Black To Do With Art?”, T.C. Williams, n + 1

Cotto vs Judah: X-PLOSION @ MSG

Another weekend and another great fight in the column for 2007. This time I had the pleasure of watching Puerto Rico's rising star Miguel Angel Cotto against Brooklyn NYC's own 'Super' Zab Judah for a version of the World Welterweight Championship title from Madison Square Garden. This was on the eve of the (in)famous NYC National Puerto-Rican Day Parade. The Boricuas were definitely out in full force representing for their man. In the name of Caribbean and Latino-American solidarity I had to do likewise, especially safely above the fray as I was sitting in the company luxury box.
Flag waving aside it really boiled down to two men in the ring, both of whom I have rooted for on many occasions, and neither of whom disappointed that night. Zab Judah ended up taking a fantastic beatdown that saw him take a knee for mercy in the 9th and eventually led to a referee stoppage in the 11th. Still Zab fought with more heart and class than any of us had seen from him in some time. I'll not be the first or the last to say that this kind of event is what boxing needs: local attractions with passionate followings, fighting outside of the scuzzy casinos in their hometowns, and leaving it all in the ring. I love MMA as much as the next guy, but really few MMA bouts can hold a candle to the protracted round-after-round drama of boxing. Hopefully Cotto will continue defending that belt at MSG and other promoters will follow the lead of Bob Arum back into the arenas.