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Newsweek’s Daniel Gross explains the Consumer Price Index (here’s the official BLS site) in a very simple video. I could do without the goofy sound effects, but it’s a good, 2 minute explanation of how the government tracks inflation.

Per David Simon’s Berkeley talk, though, the video doesn’t go into why this matters. Perhaps they’ll cover that in the next installment of the Economics 101 series.

(via @newsweek, Newsweek’s Twitter feed)

2:42 pm | leave a comment
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I just saw on CNN.com that M:I3 had disappointing results this opening weekend at $48m. While it’s not exactly doing badly by any rational measure, it didn’t open as strongly as the previous two installments, looking to pull in 3 million fewer viewers than the previous two installments.

The article speculates that Tom Cruise’s interesting personal life has hurt his box office appeal or that the long interval between sequels cooled interest. I find the second explanation a bit of a stretch, as it’s going up against absolutely unspectacular films this weekend. The rest of the top 5: RV ($11.1m), An American Haunting ($6.4m), Stick It ($5.5m), United 93 ($5.2m).

Normally, I would’ve wanted to see it opening weekend but I’m choosing not to see the film until it comes out on DVD, if I see it at all. I don’t care about his appearance on Oprah and his odd love affair with Katie (sorry, Kate) Holmes or his belief in Scientology. I pretty much made up my mind not to see the movie when I saw how he behaved in response to South Park’s satire of Scientology and of Cruise himself. His threatened lawsuits and persistent rumors that he threatened Viacom if they played the episode again bothered me. Since I try to limit how much I go to the movies anyway, this movie is now on my wait-until-DVD list. Nice job, Cruise.

10:07 pm | leave a comment

This is pretty funny. Apparently, South Park aired a show, Trapped in the Closet, that made fun of Tom Cruise and Scientology. If you know anything about Scientology, they don’t like being made fun of. It’s a cult, and this one responds aggressively. Rumor has it that Cruise complained and threatened to stop promoting MI:III unless they stopped airing that episode (MI:III is a Paramount film… Paramount is owned by Viacom, which owns Comedy Central — see here). Isaac Hayes, who plays Chef on the show, is also a Scientologist. He quit the show. South Park struck back. Read the article for more.

6:27 pm | leave a comment

Man, the whole Katie Holmes/Tom Cruise thing is so damn creepy:

During the W interview, the actress wouldn’t part from Jessica Rodriguez, who is described as her “Scientologist chaperone.” Rodriguez’s role in Holmes’ life remains vague, though Rodriguez says they’re “just best friends” since meeting around the time Holmes met Cruise.

“You adore him,” Rodriguez told Holmes when the actress was at a loss for words to describe her love.

That’s gotta be the most under-appreciated sign of true love: when your Scientologist chaperone reminds your true love that she adores you.

10:08 am | leave a comment

Josh, you’re going to need an intervention and some de-programming to save your other future bride.

http://www.cnn.com/2005/SHOWBIZ/Movies/06/13/people.holmes.ap/index.html

1:53 pm | 2 comments