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Stop Loss

Seen at Clearview's Chelsea Cinema, Auditorium #4, Saturday afternoon March 29, 2008. 3.5 Slithy Toads. This is the best movie of the year so far. Unfortunately, it has been difficult to read a review, good or bad, that reviews the movie on its own terms, divorced from its place in history following a string of (generally inferior) movies dealing with the Iraq war that have been box office disappointments. And also unfortunately, it seems to arrive at the moment when many critics have decided to drop grading these Iraq movies on a curve, giving plentiful extra points for worthy intentions, or even just for the bare bones of the subject matter, to things like In The Valley of Elah, which certainly had its share of negative reviews but also quite inexplicably managed to appear on many Top 10 lists. It's a double whammy, in which this really good movie is being victimized on multiple levels by the Critical Consensus, getting worse reviews than it deserves to compensate for films...

Follow-on

Author Jim C Hines tells us about his snow-filled adventure to visit the new Borders concept store .

Supply-Side Agenting

So as we continue with the never-ending presidential election in the United States, the issue of tax cuts is certainly going to be one of those that's on the table. Do you soak the rich? Do you reduce taxes to increase revenue? An article in the NY Times on this subject a couple days ago , more to come I'm sure. Let us look at some of these questions through the prism of the profession of literary agent. Agents such as myself used to be called ten-percenters, because we took a 10% commission on the income we earned for our clients. That is no longer the case. In the book business, agents are now fifteen-percenters. The move toward a 15% commission started in the early 1990s. The move was not without its logic. It is safe to say that major bestselling authors are now paid far more than they were in the 1960s. Same in publishing as in movies or TV or sports or any profession. It is equally safe to say that the same cannot be said at the bottom end of the scale. Unlike...

Never Back Down

Seen Easter Sunday March 23, 2008 @ the AMC Empire 25, auditorium #5. 3 Slithy Toads A surprisingly good teen sports film in the mold of the Karate Kid, with a likable cast and a smarter-than-average script that digs a little more deeply than the typical film of this ilk. It's the story of Jake Tyler, who is forced to leave his football stardom in Iowa behind when his younger brother gets a scholarship to an Orlando tennis academy. He can't leave behind the memories of his father, who died in a drunk driving accident which Jake survived in the passenger side. Why did he let his father drive? His sensitivity on this issue leads him to start a brawl during one of his football games, and internet footage of this brings him to to the attention of the mixed martial arts crowd at his new school. They want to fight him whether he wants to or not, leading up to a climatic brawl by way of the MMA gym operated by Djimon Hounsou. Jake is played by Sean Faris, who looks like Tom Crui...

When Pershing Square Knocks, Hide in the Cellar

Somewhat related to my last post, Pershing Square Capital is one of these big money firms that likes to come in with its wonderful ideas to enhance shareholder value. Sadly for me, they've decided to help ruin two companies where I've had a tiny bit of stock, Borders being one of them. If you own stock in a Pershing target, sell while you still have the chance. I'm generally suspicious of these "enhance shareholder value" ideas, which too often can be short-term fixes to boost the stock price with little regard for real long-term prospects. Certainly, loaning money to Borders at 12.5% interest is very helpful to Pershing Capital, but not to the rest of us. Where have they been while this cash crunch developed? At Wendy's, one of their great ideas to enhance shareholder value was for the company to spin off Tim Hortons to concentrate on the core business. Many of you in the US may not have heard of Tim's, but it is to Canada what McDonald's is to ...

Hey Hey Ho Ho George L. Jones Has Got to Go!

So somehow or other Borders has managed to get itself into a deep cash crunch , is pursuing "strategic alternatives," which is Wall Street speak for praying for rescue, has seen its share price drop toward $5ish a share. It'll never happen until it's too late, but it's time for the board to admit it made a mistake in hiring George L. Jones to run the company, and to put him out on the street. I've been very ambivalent about George L. Jones for a long time. Big picture, he's seemed to have some good ideas. Chief among them: he stopped pouring money into wasteful store remodels; he did what needed to be done at Waldenbooks which had gone from being a cash generator 10 years ago to a cash drain; the new concept store idea was intriguing. Some ideas had potential but carried a lot of uncertainly, in particular the benefits of having your own web site instead of tying in with Amazon to allow better integration with the stores and the Borders Rewards progra...

Funny-book round-up

I used to have a serious comic book habit. When I started my own business in 1994, time suddenly got a lot scarcer and it became hard to keep up. It was even harder to give up the idea of it, and I accumulated huge stacks of comics with the certainty I would read them some day, and then finally went cold turkey. I never read those stacks. Several years ago, around the time "Y" started with Vertigo, I decided I was missing my comic books too much, and I decided to pick up the habit again, the the conditions that I would average no more than a few comics a week, that I would read them all, and that I wouldn't read things out of force of habit if I wasn't liking them. I've done a pretty good job of sticking to it. With the exception of the meandering last year of "Y," I've rarely been patient for two bad issues in a row of anything. And though the books might get stacked up 4-6 weeks sometimes, I do read them. I buy the monthlies, because the co...