Terry Gilliam rips apart the yuppie culture with this short that preceded Monty Python's "Meaning of Life". Focusing on some elderly employees who rebel against their bosses and turn their office building into a pirate ship, "The Crimson Permanent Assurance" is really an indictment of how greed dominated the 1980s. Yes, this kick in the balls to Reaganomics is what cinephiles get to see before watching a poor man (Michael Palin) sing about how every sperm is sacred, watching a professor (John Cleese) demonstrate sex to his students, and watching a morbidly obese man (Terry Jones) vomit all over the place. Terry Gilliam succeeds again.A piece of trivia is that "The Crimson Permanent Assurance" is the film debut of Matt Frewer, who played Russ Sr. in "Honey I Shrunk the Kids".

The best thing about "Monty Python's The Meaning of Life" is without a doubt the short film that opens it. Directed by Terry Gilliam and originally conceived as an animated sequence, "The Crimson Permanent Assurance" is a crucial step in Gilliam's career as a director. His previous two solo efforts as director, the inconsequential "Jabberwocky" and the brilliant-in-its-own-way "Time Bandits" saw him developing his visual style much further than he did for his scenes for "Monty Python and the Holy Grail", with "Time Bandits" arguably being the first 'Gilliam-esque' film he made. Still, "Time Bandits" didn't see his style fully developed, and "The Crimson Permanent Assurance" is an even more bizarre film, but with a far more confident and clear-cut visual style. Simply put: Gilliam was ready for "Brazil". This segment is the best in the film from a cinematic viewpoint, without a doubt, and even gives some of the other segments a run for their money in terms of the quality of the comedy, which involves office clerks who become pirates. Yes, it is quite strange.

The Crimson Permanent Assurance is, to me, one of the high points of Monty Python and His Flying Circus. It was created in conjunction with the film The Meaning of Life but was created by Terry Gilliam in a separate studio. He went way over budget without informing the others and when it was finished, they wondered what to do with it; it did not fit in with the rest of the movie. They decided to include it as if it were a separate short to be shown before the feature. The short was so well received at the Cannes Film Festival that The Meaning of Life was guaranteed to be a success.The short was originally intended to be a five-minute animated short but Gilliam felt that it would be more suited to live action. It became a 30 minute film and was then edited to 16 minutes. The film is a wonderful, highly imaginative, funny, anti-capitalist fantasy, with a very nice song.It begins by showing what appears to be a ship's sails, which turn out actually to be canvasses that are covering the face of a large old building that is being cleaned. The original impression, however, turns out to be the reality. The Crimson Permanent Assurance Company is a very British company that has been in existence for a long, long time. Its staff loyalty has left it with a geriatric staff, who have worked there all their lives. The company has been purchased by The Very Big Corporation of America, which brings in efficiency experts to rank the staff. When a staff member is fired for being slow, rebellion erupts. Evidently, this moment has been anticipated, because everybody seems to know exactly what to do: how to use office equipment as weapons, the chain of command, that the building is able to sail off on the "Wide Accountant-sea", etc. Since the charm of the movie is its element of surprise, I will say no more (nudge, nudge, wink, wink).One question remains: is The Crimson Permanent Assurance a separate short film or an integral part of the feature film The Meaning of Life? The answer is, "Yes!"For more information, see http://en.wikipedia.org/wiki/The_Crimson_Permanent_Assurance

Originally intended to be part of the body of "The Meaning of Life," Gilliam's loony story about pirate accountants was found to go on too long and tended to overpower the rest of the film, so it was excised and made into a separate short subject. This was probably for the best since it has a strikingly different tone from what the rest of the Pythons were doing.Gilliam's visual sense, as always, is a marvel to watch, and his attention to detail is stunning. Watch for his cameo -- along with Michael Palin -- when the CPA attacks its first competitor. And Gilliam regular Myrtle Devenish -- who was Beryl in "Time Bandits" and Jack Lint's secretary in "Brazil" -- also puts in a welcome appearance."Weigh the anchor."