Thursday, December 31, 2009


A Dead Man Meets a Nobody

Written and directed by: Jim Jarmusch

Released: 1995

Genre: Western, drama

Starring: Johnny Depp, Gary Farmer



The industrialization of life and what it brings about is a theme that many writers and filmmakers have developed in their works. From "Wuthering Heights", by Emily Bronte, in which Heathcliff is the character who is the symbol of the harsh industrial world to "Unknown Citizen", by Auden, which demonstrates how a human being has lost his individuality in a soulless world and reduces into a confined being. In cinema, one of the most outstanding films with this theme is "Modern Times" by Charles Chaplin. Undoubtedly "Dead Man", written and directed by Jim Jarmusch is another conspicuous movie which takes the decline of humanity as its central theme. Dead Man in a symbolic manner focuses on the diminishing of emotions, ethics and conscience in humans and the transformation of humans to soulless and mechanistic beings.

The film begins with a quotation from Henri Michaus: "It's preferable not to travel with a dead man." The first question that this sentence brings to mind is whether it is possible to travel with a dead man. The sentence shows that the viewer should expect to encounter a world of symbols. Elements of the film have a metaphorical meaning: From the beginning of the film we see the names of the cast and the makers of the film which fade out. The train which William Blake is on, the sound of the friction of the train on the rails, the scene turning dark and then bright which could be a symbol of night and day, traveling to the west which is the symbol of inexistence, people who are sitting side by side in the train without any dialog, all have a connotative meaning as well as an overt meaning. The name of the city is also metaphorical: The iron city of Machine, not a city of kind and hospitable people. In other words, one has to be harsh and tough to be able to enter this city, one has to be soulless and mechanistic to find a place in this city. This trend is what William Blake goes through: He, whose name reminds the viewer of the emotional English poet, at the end turns to a dead man. He learns that to survive he has to kill life in himself and is obliged to kill and destroy, he learns that human emotions are not welcome in the city of Machine, and that if you choose a way different from the ordinary way of the people, it is as if you don't exist at all (this is well displayed by Nobody).

Perhaps at the beginning of industrialization it was believed that human is the creator of the machine and they are worlds apart. But the passage of time gave rise to a different phenomenon. As we see in Dead Man, the creator of machine has become similar to his creation, and machine, instead of being a tool to help promote humanity, has dressed humanity with mechanistic characteristics. This human being is not full of compassion and emotions, but rather is a corpse lacking any feeling who is struggling to continue his deadly life. However the situation does not stay like this. At the end of the film, the main character reaches the end of his life, but this end is a new beginning. This time he is lying on a canoe which is moving with the river stream. This time he is in line with nature, and he is going to die and return to it. Once again he is called "William Blake", his real name. But now Dead Man is really "dead".

Thursday, December 17, 2009

U.S. Dollar towards Three-Month High



The U.S. Dollar reached a three-month high this morning after S&P Corp. downgraded Greece’s credit rating which in turn gave momentum to a strong rally. The rally started last night but is becoming stronger because it is possible that the Euro Zone's sovereign debt may be downgraded consequently. Investors are concerned that the spread of bad debt throughout the continent could cause serious problems for the banking industry, undoing the current economic recovery.

The Euro turned to the downside after a 9-month upside rally. The weakness is caused by fundamental as well as technical factors. Traders expect to see a short-term rebound if Euro gets oversold due to the panic of the debt problem.

As well as the weakness in the European currency, the British pound is under pressure caused by a lower-than-expected retail sales report. This piece of news overshadowed Wednesday’s better than expected British jobless claims data. Technically, the British currency failed to hold its zone of support and is now trading at 1.6292 which is the lowest in three months. Forecasts indicate that the GBP/USD pair may fall to as low as 1.5941.

Lower stock prices and the possibility of an increase in the U.S. interest rates are putting pressure on all the other currencies across the board. As for Australian dollar, for example, a report showed slower than expected 3rd Quarter growth which led into selling and acted as a sign to traders that the Reserve Bank of Australia was unlikely to hike interest rates over the near future. The Aussie turned the uptrend down to trade at .8905.

Gold has lost more than 100 dollars due to the greenback strength, breaking away from the strong rally during the last three months that set and broke records one after the other in an unprecedented manner. Falling gold prices and the weakening stock market are pressuring the Canadian Dollar. Technically, the USD/CAD is expected to trade around 1.0991 in coming days.

Higher demand for the U.S. Dollar and the debt problem in the Euro Zone are helping to pressure the Swiss Franc. Traders are taking in the possibility that Swiss banks will be exposed to debt issues in Greece, Portugal and Spain. On the longer-term the forecast is a rise to 1.0469 and then to 1.0600 for USD/CHF.

As for the Iranian currency, rial declined against the U.S. dollar during the last week from 9986 rilas to the dollar to 10026. Forecasts point to a higher USD/IRR rate in the coming week as the dollar is gaining momentom against most major currencies and commodities.


http://www.forbes.com/feeds/reuters/2009/12/17/2009-12-17T215033Z_01_N17190295_RTRIDST_0_MARKETS-COMMODITIES-UPDATE-1.html
http://www.thestreet.com/story/10648050/1/stocks-hold-lower-on-mixed-data.html?cm_ven=GOOGLEFI