Everything posted by Balta1701
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Financial News
QUOTE (Balta1701 @ Jul 15, 2010 -> 06:41 PM) You do realize that Medicare pays for itself right? Cutting it doesn't change the deficit one bit. Just leaves a lot of elderly people bankrupt. I'd like to retract this statement and issue an apology for making it, both to Jenks and anyone who read it. Totally spaced the 2003 Drug Benefit, for example, which was paid for entirely out of deficit spending from the general fund. Usually I fact-check better than that.
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Should the US consider selling its gold reserves?
QUOTE (NorthSideSox72 @ Jul 16, 2010 -> 08:57 AM) Gold is absurdly overbought as it is, so frankly if I'm the US government, I might consider selling some it now. Really, it would be an intelligent, counter-cyclical move, which I'd like.
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Financial News
QUOTE (Jenksismyb**** @ Jul 15, 2010 -> 06:40 PM) I'd argue not doing it at all actually. Cut half the bulls*** spending the government does and the deficit would take care of itself (including social services, medicare, defense spending). You do realize that Medicare pays for itself right? Cutting it doesn't change the deficit one bit. Just leaves a lot of elderly people bankrupt. Will give you props on the defense spending note, because really, that's the only thing worth noting in discretionary spending.
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Financial News
QUOTE (Jenksismyb**** @ Jul 15, 2010 -> 06:33 PM) It can be. But I wouldn't/don't feel comfortable doing it when we don't really have a stable economy and 10-12% unemployment. We could just be digging our hole even deeper. So, you'd argue that deficit spending is ok in times of economic expansion and a bad thing in times of economic contraction. Yeah, I'd say that's a pretty good explanation for the policies that got us to 10% unemployment. Or 25% unemployment in the case of Hoover.
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The environment thread
Ah, this is why they're going ahead with this full clampdown effort despite the risk of blowing the whole stack. Now it makes sense.
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The Democrat Thread
I know what the tea partiers in the other thread can do to prove they're not racist. They can have their spokespeople release mock letters to Abraham Lincoln!...(from the coloreds)
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NBA Offseason Thread
QUOTE (fathom @ Jul 15, 2010 -> 06:24 PM) I honestly didn't follow the Bulls much last season besides for the last month of the season and playoffs. In the games I did watch of Johnson, he seemed to be brutal (as well as what some of my friends said about him). From what I recall, many people didn't consider Johnson all that raw due to his advanced age (same with Taj). Taj, you are correct. The first notion I heard from Johnson though was talented but Raw.
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NBA Offseason Thread
QUOTE (fathom @ Jul 15, 2010 -> 06:17 PM) Is he competent in any area? He got away in college with just being bigger and stronger than the other players, and that he had an NBA-esque frontcourt around him. Oh come on Fathom, for a guy that was advertised as athletic but raw coming in, he at least put together some decent games towards the end of last year, and that was with a guy as his coach who was so bad that he got hired by the Clippers.
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7/15 - Sox @ Minnesota
QUOTE (ScottyDo @ Jul 15, 2010 -> 06:08 PM) Not his cutter? Nope. His changeup has been murder on Righties this year but he's gotten hit harder on it against lefties. His cutter might play into it, but I'll go for the change. Someone know where to beat me down with the "batting average against this pitch" advanced stats?
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Financial News
QUOTE (Jenksismyb**** @ Jul 15, 2010 -> 06:07 PM) and neither offered ANY economic benefit? So, you're willing to agree that government deficit spending is expansionary?
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The environment thread
There is currently no oil leaking into the Gulf of Mexico from the top of the BOP on the Macondo well.
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Financial News
QUOTE (Jenksismyb**** @ Jul 15, 2010 -> 05:59 PM) I assume those are war totals? Which were over 10 years of time, and which were spent during one of the highest economic times we've had? Yeah, kinda the same. Nope, those were the quoted 10 year values of the 2001 and 2003 tax cut packages. That could have knocked the deficit down by more than 2x the value of the 2010 Stimulus package.
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Financial News
GS blinks, settles. Cue the GS defenders telling me how clearly they did nothing wrong since they didn't admit wrongdoing.
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NBA Offseason Thread
QUOTE (chw42 @ Jul 15, 2010 -> 05:48 PM) Bulls should just sign Brewer now. Can't hurt to have both he and Redick. Brewer could well have another offer out there that he's waiting on and that the Bulls couldn't beat without the cap space from JRed.
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Financial News
QUOTE (Jenksismyb**** @ Jul 15, 2010 -> 05:52 PM) Ha. Yeah. Cuz someone didn't just spend 750 billion... And, as always, $750 billion > $1.3 trillion + $600 million.
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Is this just a coincidence?
While we're on the subject...I'm sure it'll be filibustered in the Senate, but worth noting.
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Financial News
Well I never...
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Second half predictions
QUOTE (chw42 @ Jul 15, 2010 -> 05:23 PM) Soon, Carlos Quentin will take Pujols' nickname "The Machine" away from him. That's Pujols's nickname?
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NBA Offseason Thread
QUOTE (whitesoxfan99 @ Jul 15, 2010 -> 05:36 PM) James Johnson has not at any level shown any ability whatsoever to be a Point Forward And yet, it seems like they have him working on that in Vegas.
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7/15 - Sox @ Minnesota
QUOTE (witesoxfan @ Jul 15, 2010 -> 05:31 PM) Yes. RHB .200/.265/.292/.556 LHB .267/.336/.388/.724 That's entirely a function of his changeup.
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Dan Haren traded to the Angels
QUOTE (spiderman @ Jul 15, 2010 -> 04:53 PM) Can the White Sox really afford to have 3 starting pitchers (Peavy, Buerhle and a guy like Haren) making 40%+ of the payroll? IF they had a number of young guys filling in the lineup/rotation, sure. Problem of course is...you kinda give those guys up in the process of getting Haren.
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I love the 'buster when
QUOTE (FlaSoxxJim @ Jul 15, 2010 -> 05:20 PM) You're all DRUNK WITH POWER! Did that do anything to up my warn level? I'm afraid I won't have street cred if I don't have a mor impressive warn level. No. You need to go all Elvis Costello and try stopping mid post and typing something else.
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Dan Haren traded to the Angels
Interest? Yes. The bullets to do it? Probably not.
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PTC Thursday July 15th, 2010
Q.
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7/15 - Sox @ Minnesota
Bring it D1.