Arnie may not have made a bigger movie then Terminator 2, or a better one but Eraser makes up for it's lesser story with some pure good ol' unbeliveable action scenes of the "that would never happen" kind.
Arnie is John Kruger a Federal Marshal who specializes in keeping witnesses safe in the witness protection program before they go to trial to testify. His cases are normally former mobsters and other scum but one day a new case falls into his lap, that of Lee Cullen a lovely woman who works for the Cyrez corporation who has evidence that her employer is selling experimental weapons on the black market. The FBI botches the case for her and Kruger is called in to keep her safe unaware that Kruger's own fellow Marshals are in on the arms deal with James Caan as Kruger's fellow partner who becomes the villain with plenty of gusto and strutting about.
Arnie learns that not only is Cyrez selling guns to terrorist groups, but the guns they are selling are high tech electromagnetic a$$ kicking super rifles which will become video game mainstays after this. "A new era in world terrorism" is even said by Arnold if these guns make it to they're destination. Good thing they didn't make it, cause who knows what kind of terror we'd see today if that happened.
Eraser is much like another Charles Russel movie, The Mask (the Jim Carey movie, not the Cher one) when they'res action, theres action and a lot of it but when it's going slow-it is slow. It's those slow scenes that make you appreciate the action even more. Action includes standard shoot outs, night raids, a COMPLETELY unbeliveable escape from a jetliner that is so awesome in it's absurdity, racing downtown in the wrong side of the road and the eventual showdown of Arnie vs the world armed with the a$$kicker guns which reeks of awesomeness. It may not be Commando awesome, but Arnie's tendancy to get hurt in some of his action scenes does bring him down to earth a bit and not make him a total superman.
Where the movie falters is the posturing and machismo that is coming out of the seems of this and it's mostly coming from Caan whos doing his best job at being a smug jerk. The enemy guards and they're snarls of "This is a matter of NATIONAL SECUIRTY! - urr this is important stuff-we're trying to steal things!" and the normal political mumbo jumbo thats added to try and smarten up a dumb movie, never mind the politics are dumb too. The story makes just enough sense to be a framework for the action which is good.
Eraser is looked on as one of Arnold's weaker movies and no it's not his best but damn it if it isn't gonna try and give the action crowd something to see, when it happens.
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John "Eraser" Kruger (Arnold Schwarzenegger) is a U.S. Marshal who works for the Federal Witness Security Protection Program (WITSEC). John is assigned to protect Dr. Lee Cullen (Vanessa L. Williams), a scientist who works for Cyrez Corporation, a company that creates and manufactures weapons for the military. Lee has come across plans in which Cyrez plans to sell a top secret electronic pulse rifle to terrorist Sergei Ivanovich ...