High Noon
March 11th, 2010|
IMDB rating: 8.30 Plot: Will Kane is a town marshall. It’s his wedding day and his last day as a lawman. He was about to leave town with his new bride to start a new life when some men come to town who tell him that a man he sent to prison some years ago has just been released and is arriving on the noon train. Kane and any of the townsfolk who remember him, know that he’s coming to town for one thing; to get Will. Will’s friends tell him to leave town which he does but Will feeling that running away is not a solution returns and intends to face him. Will tries to find support from his friends but all of them don’t want to help him or are too afraid and all that they tell him is to leave, even his wife feels the same way. And as the train comes closer, Will is all alone. |
Actors: Cooper Gary,Mitchell Thomas,Bridges Lloyd,Kruger Otto,Chaney Jr. Lon,Morgan Harry,MacDonald Ian,Farley Morgan,Shannon Harry,Van Cleef Lee,Wilke Robert J.,Wooley Sheb,Drama,Western,
How come those on the left think they economy is doing so great yet there is no credit and high unemployment?
Markets Brief
Don’t Rejoice Over Higher GDP Yet
Steve Schaefer, 01.29.10, 11:55 AM ET
The U.S. economy crushed expectations by growing at a 5.7% clip in the fourth quarter of 2009, but even as Wall Street rallied on the news there are plenty of warning signs of a slower pace ahead.
A restocking of inventories by American businesses drove a large portion of the fourth-quarter increase, contributing 3.4% compared with just 0.7% in the third quarter when growth was a far calmer 2.2%. Excluding the inventory factor, real final sales of domestic product were up just 2.2% in the October-December period, after rising 1.5% from July to September.
The big impact of inventories is something of a red flag, particularly since the consumer input to GDP was weaker in the fourth quarter than in the prior period, and Dan Egan, president of the Massachusetts Credit Union League, expects the Feb. 26 updated look from the Commerce Department to rein in the estimate.
"[The 5.7% figure] was a surprise," Egan said. "It’s an encouraging recovery sign, but there’s a difference between Wall Street encouraging and Main Street encouraging." While the data supports arguments that a recovery is building momentum, high unemployment, little job security and limited access to credit are making that story a tough sell to many Americans.
The consumer is essentially frozen, Egan added, and even those with jobs are looking over their shoulder and holding back spending. One of the results is that credit unions are seeing an increase in savings, which inched up a tenth of a point to 4.6% in the fourth quarter, as households look to strengthen their defenses against future crises.
After starting the day with solid gains, Wall Street pulled back toward even by noon. One factor may be recognition that the 5.7% GDP figure might be revised downward in a month. Even if it’s not, Egan warns that the economy can not sustain that pace as the inventory cycle normalizes without a stronger consumer component.
Near midday the Dow Jones industrial average was up 24 points at 10,145, the S&P 500 gained just a single point to 1,085 and the Nasdaq slipped into negative territory, losing 5 points to 2,174.
In the morning’s most high-profile earnings release, Chevron came up short of estimates with fourth-quarter profits of $1.53 a share. It came as little surprise that the integrated oil giant missed the Street’s consensus call of $1.70










