Posts Tagged ‘News’
Anyone not familiar with MATT TAIBBI's brilliant and cutting political analysis should start tuning in ASAP. His latest in-depth piece in the March 2010 issue of ROLLING STONE on the sham that is the government bank bailout is another must-read:
WALL STREET'S BAILOUT HUSTLE
Goldman Sachs and other big banks aren't just pocketing the trillions we gave them to rescue the economy - they're re-creating the conditions for another crash
By Matt Taibbi | ROLLING STONE, March 2010
On January 21st, Lloyd Blankfein left a peculiar voicemail message on the work phones of his employees at Goldman Sachs. Fast becoming America's pre-eminent Marvel Comics supervillain, the CEO used the call to deploy his secret weapon: a pair of giant, nuclear-powered testicles. In his message, Blankfein addressed his plan to pay out gigantic year-end bonuses amid widespread controversy over Goldman's role in precipitating the global financial crisis.
The bank had already set aside a tidy $16.2 billion for salaries and bonuses — meaning that Goldman employees were each set to take home an average of $498,246, a number roughly commensurate with what they received during the bubble years. Still, the troops were worried: There were rumors that Dr. Ballsachs, bowing to political pressure, might be forced to scale the number back. After all, the country was broke, 14.8 million Americans were stranded on the unemployment line, and Barack Obama and the Democrats were trying to recover the populist high ground after their bitch-whipping in Massachusetts by calling for a "bailout tax" on banks. Maybe this wasn't the right time for Goldman to be throwing its annual Roman bonus orgy.
Not to worry, Blankfein reassured employees. "In a year that proved to have no shortage of story lines," he said, "I believe very strongly that performance is the ultimate narrative."
Translation: We made a shitload of money last year because we're so amazing at our jobs, so fuck all those people who want us to reduce our bonuses. Click HERE to continue reading at ROLLING STONE...
TIPS FROM A MAESTRO OF THE SPRAY CAN
By Jan Ellel Spiegel | NYTimes, February 18, 2010
JASMINE JOHNSON is sprawled on the floor of the Thomas J. Walsh Gallery at Fairfield University here, her red high-tops in the air as she intently sketches on a two-foot-square sky blue canvas.
Nathaniel Jefferson is on a nearby bench, equally intent as he mulls the possibilities of a green canvas. Israel Medina, who goes by Tony, is outside in the cold, energetically spraying paint to transform a pink canvas propped against a tree.
“The wheels are turning,” says the artist John Matos, surveying the work.
These three art students from Bridgeport high schools will be joined by two schoolmates the following day as they work on a project designed by Mr. Matos, who goes by the name Crash (as a student he crashed his high school’s computer).
A child of South Bronx housing projects, Mr. Matos was younger than these teenagers when he began honing his art in the 1970s by breaking into a subway yard at night and spray painting the cars for hours in the dark and cold. Click HERE to continue reading at NYTimes...
Leave it to BANKSY to roll out the premiere of his "EXIT THROUGH THE GIFT SHOP" documentary in an unused London subway tunnel beneath the Waterloo train station—AND manage to keep the whole thing secret till now. Billed as "London's newest, darkest, and dirtiest purpose-built cinema," the venue is adorned with new Banksy art installations and rows of couches and theater seats, and even features a "popcorn stall, lounge bar, and stunning temporary toilet facilities." Daily screenings will take place at 6PM & 9:30PM daily until March 4th. Book your tickets HERE now...
Friday was a big nite in the Midwest when SHEPARD FAIREY's Ohio installment of his traveling retrospective "Supply & Demand" opened at the CINCINNATI CONTEMPORARY ARTS CENTER and shattered the institution's all-time attendance record.Read More
JAMES CAMERON (Avatar):
QUENTIN TARANTINO (Inglorious Basterds):
JASON REITMAN (Up In The Air):
Click HERE to listen...
LEE DANIELS (Precious):
KATHRYN BIGELOW (Hurt Locker):
Click HERE to listen...
Little mention's been made in the mainstrem media about the fact that OBAMA hosted a substantial night of music at the White House last week to commemorate the the Civil Rights Movement, that included BOB DYLAN performing "The Times They Are-a Changin" for a house full of bitterly warring politicians...
We're big fans of artist JOE STEVENS' "Vans And The Places Where They Were" project:
"Vans and the places where they were documents surviving custom and conversion vans across the West and examines the dialogue which exists between a van’s design aesthetic and that of its surrounding environment. The project began in 1996 and currently consists of hundreds of images shot on 120 film.
Over the course of the project the vans themselves have become more and more of a rarity. The reasons are as simple as rust and changing tastes; and as complex as government “cash for clunkers” initiatives encouraging more fuel-efficient transportation. Notably, at the same time these vans have been disappearing from our roads – film photography as a visual medium has also begun it’s slow death. Consequently the goal of the project is to one day shoot the last remaining van on the final frame of photographic film in existence. Then the project will be finished.
Joe Stevens is a filmmaker and photographer whose work has appeared in the Hammer Museum of Los Angeles and the Museum of Modern Art in New York. In the past year his work has been featured in Creative Review, Fast Company, Intersection and the Guardian. His 2008 film Made In Queens, which was produced by MTV2 Films, profiles a teenage gang from Trinidad who blast 15,000 watts of music from the enormous custom homemade stereos jury-rigged onto their rusty bmx bikes. The film, which premiered at the Edinburgh International Film Festival, has become a cult hit and is currently touring festivals worldwide."
Parisian art fans need to hit up ADDICT GALERIE before March 4th to catch sight of graffiti/street art legend CRASH’s current show, “Tin Machine.” Born in the Bronx1961, John “CRASH” Matos is one of the pioneers of graffiti writing who started developing his distinctive style on the trains of New York at the age of 13. Alongside his contemporaries like Futura, Zephyr, Lee, and Lady Pink, CRASH successfully transitioned from walls and trains to the fine art world in the ‘80s with exhibits at Sidney Janis Gallery and Real Art Ways, next to Jean-Michel Basquiat and Keith Haring. His fine art career has continued uninterrupted with the artist breaking his graphic colorblocked style into more free-form abstract compositions in recent years, a development readily visible in this Paris show which features heavily fragmented chunks of his trademark imagery. HAVE A LOOK: Read More
Menace 2 Society: NYC Police led this 12-year-old girl out of her classroom in handcuffs for doodling on her desktop...
Increasingly, harsh zero tolerance policies towards graffiti and other offenses in US schools are seeing grade school-aged children being treated with harsh adult-style police discipline inside the actual classroom. This problem was exemplified when, incredibly, a 12-year-old NYC girl with a spotless record was physically arrested in her classroom for doodling on her desktop this month:
GIRL'S ARREST FOR DOODLING RAISES CONCERNS ABOUT ZERO TOLERANCE
By Stephanie Chen, CNN February 18, 2010
(CNN) — There was no profanity, no hate. Just the words, "I love my friends Abby and Faith. Lex was here 2/1/10 :)" scrawled on the classroom desk with a green marker.
Alexa Gonzalez, an outgoing 12-year-old who likes to dance and draw, expected a lecture or maybe detention for her doodles earlier this month. Instead, the principal of the Junior High School in Forest Hills, New York, called police, and the seventh-grader was taken across the street to the police precinct.
Alexa's hands were cuffed behind her back, and tears gushed as she was escorted from school in front of teachers and -- the worst audience of all for a preadolescent girl -- her classmates.
"They put the handcuffs on me, and I couldn't believe it," Alexa recalled. "I didn't want them to see me being handcuffed, thinking I'm a bad person." Click HERE to continue reading at CNN...