Hollywood battles Wall Street before Congress

The fight is on as the MPAA and entertainment industry try to stop market manipulation attempts by Wall Street.

During Congressional hearings this past Thursday, supporters of box office future exchanges lied to Congress as they prepare to commit financial arson on Hollywood:

110 comments on “Hollywood battles Wall Street before Congress
  1. Mother Earth says:

    Movie will be superceded by AI plays with virtual actors and narative tailored to the individual user using the Google/facebook dataset and real life habit tracking…

  2. Youri Carma says:

    @dan valley

    Very transperant piece of Rickards.

    sort of funny: James Rickards: “At baggage carousel. By appearances, traveling light is such a lost art.” http://twitter.com/JamesGRickards

  3. Youri Carma says:

    @snoot

    From Rickards-> Here comes world money – #IMF announces an “ambitious” plan for the “enhanced role of the SDR” http://bit.ly/cM6oPp . Paper money on stilts

  4. Youri Carma says:

    @Mother Earth

    agree

    In the near future the will hire people cheap just to do the “movements” with computer patches on to register thos movements in the computer cause the subtility in movements is still a difficult thing to copy in an algorithm.

    Later on they can put on any layer of any actor even the deceased ones.

    One step further is that they have all kinda subtle movement characteristics in the comp from (oL) actors as well.

  5. dan valley says:

    Hey Youri long time no chat…hows things?

  6. frances snoot says:

    @Youri:
    World money means access to the sdr liquidity for the world’s people: do you really see that happening?

    IMF only promised a new reserve asset: like but not like the sdr. Question will be what index will be used as account unit and what will be the constituents of the basket. Stiglitz and Zhou indicated GDP will be included (Stiglitz wishing to redefine gdp).

    The tie between the sdr and the currencies not being the dollar in future would predicate the need for a new means to determine exchange rates. Hence the term multilateral exchange rate system.

  7. maxkeiser says:

    rigged market politics

    http://nymag.com/news/politics/65628/

    . . . after approval of Box Office Futures comes Political Futures contracts

    buying and selling candidates like Palin where actual election results fade in importance.

  8. white hunter says:

    a logical extension of celebrity politics

  9. white hunter says:

    one of the more interesting aspects, as the article points out, is the advent of politician as celebrity vs celebrity as politician. palin and obama both were “celebrities in progress” during the election season. obama even took time from his “hectic campaign” to wow the german people. the germans evidently, have always been suckers for oratory.

  10. @ Youri
    They already have that technology.
    It’s called “MOCAP” for motion capture.
    Game companies use it all the time to capture flesh movement into a wire frame map.
    If you have the voice of the actor then the rest is just time and money.

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