Some GREAT Music coming......(along with war/death/suffering etc)

[Mega]

Good eveing Gang
I thought tonight we look a bit closer at what we can expect over the next 5-10 years. Seeing how a quick fix is out of the question i see a LONG collaspe in montion. I tried to find an example of what i think is to be, strangly its New York city from the 70's......a Hell hole, but also a cursable of creative thoughts & music...........

[Mega]

Re: Some GREAT Music coming......(along with war/death/suffering etc)

[Mega]

Re: Some GREAT Music coming......(along with war/death/suffering etc)

[Mega]

Re: Some GREAT Music coming......(along with war/death/suffering etc)

[Mega]

Re: Some GREAT Music coming......(along with war/death/suffering etc)

[Sutter Cane]

Re: Some GREAT Music coming......(along with war/death/suffering etc)

Good eveing Gang
I thought tonight we look a bit closer at what we can expect over the next 5-10 years. Seeing how a quick fix is out of the question i see a LONG collaspe in montion. I tried to find an example of what i think is to be, strangly its New York city from the 70's......a Hell hole, but also a cursable of creative thoughts & music...........

I know it is a popular idea that creativity erupts in times of economic decline, but I don't know if I buy it. I think the main thing driving it in NYC back in the 70's was simply low cost of living. Cheap rent!

If musicians, artists, filmmakers, etc. only have to work for a few hours a week to make ends meet, and can and devote the rest of their time to their chosen craft, of course they'll come up with more. Cheap real estate also mean cheap, empty buildings that are more likely to get turned into clubs, theaters, whatever. And cheap rent for these places means everything doesn't have to make a ton of money, and the proprietors can experiment and take chances instead of having to pack the house every night. Cheap houses mean there's someplace where band members can split the rent and throw a house party, where an artist can fling paint around. Expensive downtown condos meant to be investments do not provide shelter for creative endeavors.

Unfortunately, the sloooooooow pop of the housing bubble isn't doing much to help reduce an artist's overhead in this day and age. Cost of living is still sky high in most places that would also have an audience. Sure, you can find a cheap house in the rust belt or in a small town in Kansas, but who would your audience be? You can live somewhere cheap, or you can live somewhere with a "scene", but usually not both. High cost of living means you are working all the time just to keep your head above water, leaving little time for creating anything, and your audience isn't going out to see what others are creating because they are in the same boat. So I don't know, Mega, I don't know...

[Mega]

Re: Some GREAT Music coming......(along with war/death/suffering etc)

I thought very much along the same lines, but look you & i are having this discussion thousands of miles apart. We are like minded people, in the "Old days" we have to move to New York........but now we don't. Replace cheap rent with FREE rent (On the Dole) but cheap internet!

Mike

[Shakespear]

Re: Some GREAT Music coming......(along with war/death/suffering etc)

low cost of living. Cheap rent!

+ Someone in large numbers to buy your product (someone who has a job)

[Sutter Cane]

Re: Some GREAT Music coming......(along with war/death/suffering etc)

Thought about posting this the other day, might as well slip it in this thread since it seems to fit. I read Lefsetz' blog and enjoy his sniping about the music industry. He doesn't usually move beyond that, but when he does...

Nice rant.

What Happened to my Country?

That great middle class of yore? It created the classic rock you’re still listening today. Music was a reasonable pursuit, rock stars were as rich as anybody in America. That framework expired decades ago, rock stars are no longer rich. There are bankers who make $20 million a year every year! So the Grace Slicks of today, people born with a silver spoon in their mouths, don’t go into the arts, it just doesn’t pay. Tom Rush was a Harvard graduate. He revolutionized the folk circuit, he pioneered the singer-songwriter game. Now we’ve just got poor people rapping about Benzes and boats. How fulfilling is that? I get it, they want in. But you used to follow your dreams, not the dollar. But now if you ain’t got the moolah, you’re gonna have a heart attack and no health insurance and you’re gonna be bankrupted. Hell, the dirty little secret is one health episode puts many people in bankruptcy even when they have insurance! But we’ve got to have less corporate regulation and as far as health insurance goes…you’re on your own. Don’t you see, health insurance is a metaphor for our entire country! Can you imagine someone writing "Get Together" today? Come on people now, smile on your brother, everybody get together and love one another right now… Who sings about that? Chumps.

[Sutter Cane]

Re: Some GREAT Music coming......(along with war/death/suffering etc)

And since we're talking economics and NY rock n' roll... Robert Christgau reviews 10 books on the financial crisis:

Dark Night of the Quants

As a better-informed citizen, my biggest takeaway from my million-plus words is that, as Posner especially maintains, the Paulson bailouts addressed not illiquidity, in which cash is temporarily unavailable, but insolvency, in which banks have leveraged themselves so irresponsibly that it isn't there at all. As Lanchester says, "nobody knows which banks are solvent." I'm also persuaded that the doubling of consumer debt between 2000 and 2007 was deeply unhealthy even if I see raw survival as well as rank self-indulgence in it. I'm convinced along with economist Chang that the economics profession is bad for most economies. And I also think Chang is right to argue that markets need to become less rather than more "efficient," thus allowing for the development of long-term "patient capital" as well as impeding the rapid-fire computerized trading that turns Wall Street into a rich guys' casino like nothing else. And with no more idea than Chang how to implement this sane idea, I'll resist sharing any more of my inexpert economic insights. Instead I'll conclude with a few thoughts on language, where I can claim some professional authority.

First, I feel enriched if not empowered to have gained minimal fluency in Quantish and Traderese, including a rudimentary grasp of their mathematical underpinnings. Having glanced regularly at the business pages since the crash of 1987, I find that my ease of comprehension has taken a major leap, and recommend an informal course of study to every politically concerned person. One advantage of my fluency is that it buttresses my right to voice my disdain for those who turn human beings into abstractions by making abstractions the substance of their private subcultural argot -- who think primarily in numbers. But it also buttresses my admiration for an economist like Chang, who takes care to deploy numbers humanistically.

[ltullos]

Re: Some GREAT Music coming......(along with war/death/suffering etc)

let's tap the brakes on calling this GREAT music.

[Mega]

Re: Some GREAT Music coming......(along with war/death/suffering etc)

For the times i thought it was, Blondie was MEGA, Talking Heads etc, Ok Pat Benatar came just as they left & Bruce Speeningsten, Lots of other great stuff.....went a bit "Bussiness" with Mad-don-a....

Lots of anger & power.

Mike

[sunpearl71]

Re: Some GREAT Music coming......(along with war/death/suffering etc)

Agree with Mega.

Internet has the power to bring creative people across the globe together.

A recent phenomenon in YouTube, this regional (Tamil) song from Indian movie industry has had 29million+ hits and inspired so many derivative versions.

http://www.youtube.com/watch?v=YR12Z8f1Dh8

Even CNN is considering this song to be the top hit for 2011!
http://www.imdb.com/news/ni20296765/

[Thailandnotes]

Re: Some GREAT Music coming......(along with war/death/suffering etc)

quick before you take down the tree and the world implodes
6 parts
http://www.youtube.com/watch?v=SW_WSQpewNY

[jpatter666]

Re: Some GREAT Music coming......(along with war/death/suffering etc)

And since we're talking economics and NY rock n' roll... Robert Christgau reviews 10 books on the financial crisis:

Dark Night of the Quants

Well, if you are talking Quants, let me (very biased here) recommend my younger brother's book on the subject....

http://www.amazon.com/Quants-Whizzes...5441850&sr=1-1

It's a good book for understanding the origins of the Wall Street quants and how they came to dominate Wall Street. If you're looking for the deep technical jargon, look elsewhere.

We've found it amusing reading the reviews on Amazon. Several of them are filled with venom and tracking down who has written them (come on, he's a reporter and older brother is serious computer geek -- we make good combo occasionally) has been very enlightening!

The second book on Dark Pools I'm told will be out this year.