"Understanding the Financial Crisis" or "This is Why We're Screwed"

The EconomyThe Economy: Like Flamingos in the SnowThis is one of my rare non-visual-media related posts. It is going to verge on a rant, but ultimately it is more about sharing educational sources with as many people as possible. This is not intended to be blog spam, but a way to share several sources in one place.

I just finished listening to the latest episode of This American Life called "Bad Bank." This episode explains, in regular language, the mess our banking system is in right now. I think what it elucidates is how complex and unstable the situation is. As much as I would like all those banks that made terrible decisions to go out of business, this podcast has shown me how unfeasible that is -- and how there is no miracle solution. 

This latest "This American Life" was a cooperation between them and NPR. It is hosted by Alex Blumberg and Adam Davidson who have created similarly educational audio about the economy in the past.

Here is a list of podcasts by this group. If you listen to these in order, you can at least have some understanding of why we're screwed. 

Subscribe to This American Life via iTunes1. The Giant Pool of Money

2. Another Frightening Hour About the Economy

3. Bad Bank

Tie these together with a daily listening of:

4. The Planet Money Podcast

What I like about these shows is the excellence of their reporting. They present every side of the argument with a rational approach, they explain the issues clearly, and most importantly, they leave it open for you to form your own opinion. This is brilliant radio.

Subscribe to Planet Money via iTunesIf you learned as much as I did, please think about donating to these public services:

Donate to This American Life

Donate to NPR

Do you know any other great sources for understanding this mess? Leave a comment below.

An American in Zürich on Election Night

On Tuesday night, I watched the election results in a friend's apartment here in Zürich, Switzerland. The party started late at night because of the time difference. Exit poll data didn't start coming out until around 11pm. It was a small party: two Americans, two Germans, an Irish, my Mexican wife Karla, and myself.

Being an American living abroad, I think this election had more impact on me than usual. Everyday I poured over the news. It became somewhat of an obsession. The race between John McCain and Barack Obama seemed to me like an archetypal battle between the old way of doing things and the new. I worried constantly that we would make the same mistake for a third time.

At 1:00 am, the first results came in. Kentucky was called for McCain. Indiana didn't seem very promising either. My heart sank. The party got a little bit less jovial. "Just wait, it's not over yet" I thought.

Back in 2004, I worked on the Academy Award winning documentary "Mighy Times: The Children's March," a film about the Civil Rights movement in Birmingham, Alabama in 1963. Sitting in the editing suite and listening to the voices of Andrew Young, Ralph Abernathy, Fred Shuttlesworth, Martin Luther King, Jr., and John F. Kennedy over and over, I gained a profound new respect for a struggle that African Americans have been fighting since the very beginning of this country. This election night had the potential to take a giant step forward in that struggle -- not only for African-Americans, but for the whole nation, just as MLK's "I have a dream" or Kennedy's Civil Rights Address did.

The hours went by. More results came in. States were called. Holograms were spoken to. Superfluous touch screens were used. Some of the few people left then decided to go home. When Ohio was called, we became happy again. Things were looking good.

Finally, at 5:00 am, the election was called for Barack Obama. Even though it was morning, we cracked a bottle of champagne to celebrate. Then we waited for his acceptance speech.

By the time he appeared, it was around 6:30 am. Only three of us remained. Seeing Barack Obama address the nation for the first time as President Elect was one of the most moving moments of my life. Karla and I held each other tight. When Obama thanked his children and his best friend, his wife Michelle, we held each other tighter. I was momentarily transported to an undisclosed time in the future. A future where Karla and I could tell our mixed-race children, without a shred of naivety or falsehood, that they could grow up to be President of the United States.

Back in the present, the three of us remaining had tears in our eyes. Things can be different. The status quo is not set in stone. "Change has come to America."

Why Electionic Voting Machines are a Dumb Idea.

As a general rule, I try to keep this blog focused on film, video and other media related items. However, with a week left before the election, I am making an exception because I have some things on my mind.

First on the list of things on my mind are electronic voting machines. Let me declare in annoying capital letters: THERE IS NO REASON TO USE ELECTRONIC VOTING MACHINES. The simple fact is that electronic voting machines only have one benefit over standard paper ballots; That is instant vote tabulation. However, as your mother probably told you, the fastest way is most likely not the best way of doing things.

This single benefit comes with A LOT of downsides (sorry for the caps again.) The first and most obvious downside is complexity. No one can argue that computers are not more complex that pieces of paper. When things are more complex, they are more prone to errors, malfunctions and are more difficult to use. We accept the complexity of computers in this modern world because the positive aspects outweigh the downside of complexity. Computers provide instant communication, access to all of the world's knowledge, unlimited entertainment, etc. An electronic voting machine's only benefit to counteract it's complexity is faster results. Totally not worth it.

The second problem with electronic voting machines is a direct result of the complexity of the system and that is transparency. When you vote on paper, you can physically see who you voted for. A computer is completely different however. Even if you push the correct buttons on a touch screen, you have no way of knowing for sure if that vote was recorded the same inside the machine. A paper vote is clearly readable by a human being and a computer. An electronic vote is just a bunch of magnetic disturbances on a shiny disk inside a machine. That sure instills voter confidence.

The last problem with electronic voter machines comes from E-voting manufacturers trying the overcome the problem of transparency. This is where it gets ridiculous. Some e-voting machines, like the ones being used in West Virginia, have a paper roll under glass next to the voting machine. This roll prints a confirmation of the vote that is made. The voter is supposed to double check that the vote on the paper matches what they entered on the screen to verify their vote. This is ridiculous on so many levels. First, you still have no idea what the machine actually recorded. It is perfectly possible to record one vote and print another. Unless the differences between the machine and the paper are way off, no one is going to go through each vote by hand. The second and most ridculous part of this is how it completely turns the logic of voting on its head. Follow me here: With standard paper ballots, the voter marks their vote on a piece of paper, which is then read by a machine and counted. If there are any problems, humans recount the paper by hand. With e-voing, you enter your vote on a touch screen, which is then printed out as confirmation on paper. If there are problems, humans recount the paper by hand. See how stupid that is? You are basically having a machine generate a piece of paper instead of making one your self. It seems like a completely harebrained workaround that is easily solved by sticking with the old system -- paper ballots. Just because something is new and high-tech doesn't mean you have to use it.

So, with all these problems, why would any government decide to go with these stupid machines? I can think of two reasons. The first reason is money. Basically, some company makes voting machines and they convince the government to use tax dollars to by them. The manufacturers makes tons of cash and the government can feel like they are cutting edge. The second reason is far more nefarious, and that is voter fraud. The fact is, it is far easier to commit voter fraud with electronic voting machines, because they are complex and opaque systems. Anyone pushing electronic voting machines needs to have their motives looked at very closely.

So for all you people stuck using electronic voting machines, I am sorry. Your vote may have gone into a black hole, never to return.

Here is a very scary video showing how easy it is to hack a voting machine like the ones used in Ohio in 2000:

And here is a video of a voting machine in West Virginia malfunctioning even after it has been "Calibrated":

There will probably be a few more political rants here before the week is over.

John McCain Doesn't Understand Modern Media

He doesn't learn from his mistakes either.

Back in June, McCain gave a speech in Lousiana, his first after Obama had clenched the Democratic nomination, and arguably McCain's most important campaign speech to date. Well, the geniuses in McCain's campaign set up this nice stage for him:

Not only is green a bad color to contrast with a human face (it makes you look old and sickly -- umm...), this background also initiated Project Make McCain More Exciting wherein Stephen Colbert asked Americans to do just that. Watch:

Well, last Thursday, McCain gave his most important speech in his candidacy so far -- his acceptance speech at the Republican National Convention... and what do you know:
Come on! This time it's an even better green screen! To be fair, it wasn't like this the whole time. The background was a screen with revolving stock imagery, and this was the grass in front of a building. However, you would think that his team would have the foresight to know what the close-up camera angle was going to look like. Also, at points in his speech, the background was completely blue -- a background that is suitable for color keying as well. It wasn't too long before McCain was served up the political equivalent of the Rick Roll: The Barack Roll

These are the most recent and blatant examples of McCain not understanding how modern media works.  John McCain doesn't know how to use a computer. He doesn't understand that if you say something, then later say the exact opposite, someone will cut these statements together. Also, he doesn't realize that if you check out your new hot running mate's ass while she gives her introductory speech, everyone will see you. While on the subject of Sarah Palin: If you try to sell her as being a rebel against government earmarks, make sure she is not Queen of Earmarks. Back to McCain, he may not know how many houses he owns, but he could have checked Google Earth. The list of McCain obliviousness goes on, and this is just media incompetency. Imagine all the other ways he would be an incompetent president.
Now, I am not saying Barack Obama understands modern media any more than McCain (although he probably does). However, it is obvious that he can at least hire people who know not to set up a green screen behind him. If McCain can't even hire a decent AV department, what do you think his cabinet will look like?

DVD Creation Hell

Pal? NTSC? HDV? Prores422? 23.98p? 60i? 50i? This is what I am dealing with right now.

What I am trying to accomplish sounds quite simple. I want to make a 16x9 NTSC DVD from the PAL HDV master QuickTime for my new documentary Legacy of the Great Aletsch. However this is not as simple as it sounds. There are several thing to consider.

First is the frame rate. I need to convert the original frame rate of 50i (50 interlaced frames per second) to either 60i or 24p. However both options have their problems. Increasing the framerate means that we need to create new frames out of no where. This is not a simple process and often introduces stutter artifacts. Lowering the frame rate means we lose some frames here and there. This can introduce a different kind of stutter.

The next thing I need to consider is frame size. HDV has a framesize of 1920x1080. NTSC 16x9 has a frame size of 720x404 Actually, even this is not so simple because both of these formats use non-square pixels. So HDV's real dimensions are 1440x1080 with wide rectangle pixels and NTSC is 720x480 with squished pixels. So I have to go from one non-square pixel format to another.

The final problem is interlacing. HDV is an interlaced format, meaning that each frame is seperated into two fields made up of the odd and even lines of the frame. With NTSC we have two choices. I have to choose interlaced or progressive.

So I have a multitude of choices to make. Do I convert from 1080i to 480p or 480i? Do I change the framerate first and then downconvert or the other way around? I also have to decide which piece of software to use during the conversions and which codecs to use. It is maddening to figure out which gives the best results. I will update when I have found the best workflow.