Balta1701

QUOTE (Cknolls @ Jul 8, 2009 -> 12:41 PM) Govt's cannot create wealth. They aren't creating wealth out of nothing and giving it away.; they are craeting money out of nothing and giving it away. But when they create money out of nothing, it has a cost. But the cost isn't apparent immediately. Price equals dollars divided by value. If you create more dollars, the value does not change, but, the price goes up. When the gov't creates more dollars in a stimulus, all its doing is keeping prices up, not giving people more value. So by definition the stimulus is doing nothing of value. In addition, there's a longer term cost- lower productivity. By keeping prices high when they should be dropping, capital allocation is distorted, and capital is prevented from investing in productivity. Since productivity is wealth creation, every stimulus essentially takes away from long-term wealth creation. Your claim that government cannot create wealth is only true in the conditions of no excess capacity in the economy. When you're in a depressed state like we are now, and there is no room to stimulate demand, then there is significant excess capacity that can be pushed in to service by act of the government. In this particular case, the government is taking funds that are sitting on the sidelines as savings and using turning them in to investment because the private sector has fled to safety. It is actively working to enhance productivity by utilizing the idled capacity in the economy in the form of both savings and workers. In 1 more counterpoint; prices dropping does not destroy debt. Dropping of prices actually makes debt more onerous. Increasing prices (inflation) destroys debt.

QUOTE (SoxFan1 @ Jul 7, 2009 -> 09:57 PM) NBA Salary Cap down to 57.7 http://www.nytimes.com/2009/07/08/sports/b...ball/08NBA.html Memo: cap level could plummet next year. If the cap drops that far, I don't think the Bulls can offer a max deal even with renouncing Tyrus. They may still need to move Hinrich/Deng to do that or have Salmons opt-out (IIRC he does have that option)

Top 10 things that sound cool when spoken by a giant robot.

The problems are 2-fold. First, that's not the only map that matters; this map is also very important. You don't just need transmission capacity, you need places where the wind blows with some regularity. The other key detail with wind in particular is that you need the grid to be smarter, you need demand to actually be able to adapt to changing amounts of production given the fact that wind is not constantly blowing at the same rate. This requires a grid that is able to handle variable loads without crashing and which is intelligent enough to allow for pricing of electricity based on scarcity; if there's less power being generated or if the power is being offloaded to a more expensive natural gas fired plant, the price should increase so as to provoke a decrease in utilisation at that time. That also means that households and businesses need to receive the information about the balance between supply and demand. Edit: impressive, you edited your map with the same information I was trying to post.

Link.

Link.

QUOTE (NorthSideSox72 @ Jul 8, 2009 -> 11:55 AM) Glad to see Chu say this: Exactly what I have been saying. I'm happy the administration agrees. Nuclear power is a terrible idea. And that's just speaking economics; it costs vastly more than any other form of electricity generation out there right now. I'll guarantee you Chu knows this, and he's playing politics for potential votes here.

QUOTE (Princess Dye @ Jul 8, 2009 -> 11:28 AM) If it's only for 1.5 years, then other teams' competing offers wont be that staggering either. The Brewers gave up Matt LaPorta for 0.75 of a year of CC Sabathia.

Do it, Jose.

QUOTE (Princess Dye @ Jul 8, 2009 -> 10:21 AM) Im sure it's somewhere in the 22 pages, but if we offered Dotel arbitration, what figure would that potentially be Dotel's salary for 2009 is $6 million dollars. In an arbitration case, by rule, the lowest possible figure a team can offer is 80% of the player's current salary. For Dotel, this is $4.8 million. Thus offering him arbitration is the equivalent of guaranteeing him $4.8 million on a 1 year deal next year. However, it is very, very rare for an arbitrator to actually rule that a player's salary should go down if it gets that far, unless the player misses a chunk of the season due to injury. If the Sox submitted a bid of $4.8 million to an arbitrator and Dotel's side submitted something reasonable, in the $6-$7 million range, it is likely that Dotel's side would win.

QUOTE (WCSox @ Jul 8, 2009 -> 09:21 AM) And I get the feeling that he'd be more willing to move away from Toronto than Peavy was to move away from SD. Not that it means that he'll get anything, but I have no doubt that Kenny has given Ricciardi a call or two over the past week. He'd be a bad GM if he didn't at least try to get a feel for what it'd take to get Halladay. I would bet based on everything we've heard so far that all 18 GM's of contending teams have given Toronto a call, and at least for now, the price has been "Beckham from Chicago" "Lester from Boston" "Chamberlain from New York" "Rasmus from St. Louis" "Escobar from Milwaukee" "Kershaw from Los Angeles" and so on. They've got at least 3 weeks to hold out and nothing forces them to make a trade period. Right now, they can afford to wait 2 weeks and see if someone is willing to part with a piece that most teams would consider crazy. The only way he moves to us is if the price drops a fair amount at the end of July, which is somewhat likely...but then the question will be, what do the Blue Jays get offered from other teams?

The Pickens plan was pretty silly as originally proposed anyway. Everyone knew there'd be transmission problems until someone stepped in and built a legit "Smart grid". The fossil fuel energy price collapse was the final straw. But just wait, in a decade the area he wanted to develop as a wind farm will probably be developed as a wind farm. Everyone sort of tolerated him because it was kind of nice to have a fossil fuel baron arguing in favor of clean energy.

QUOTE (SoxAce @ Jul 7, 2009 -> 08:36 PM) Where are people getting 24 from? He's 23. I don't care if that's just a year off, get your damn facts right. BTW, yes I'm still bitter here. In that case, that makes him a little ahead of the normal AAA age pace right? So the "Allen sucks he's too old to be at that level" doesn't hold up.

QUOTE (whitesoxfan101 @ Jul 7, 2009 -> 08:35 PM) So Kenny blames the fans, then makes an AWFUL trade. So today, he basically took two gigantic craps on the fans. Well SCREW YOU Kenny, jerk. At least the trade wasn't a salary dump.

QUOTE (chiguy79 @ Jul 7, 2009 -> 08:35 PM) The real projection they need to worry about is that I bet season ticket holder retention next year will probably be 50%. That would be remarkably low. It wasn't anywhere near that after the 2007 debacle.

PK14.

QUOTE (Thunderbolt @ Jul 7, 2009 -> 08:33 PM) There's an arguement to be made that Tiny Tim's delivery is the most fundamentally sound delivery in the game. I haven't heard that argument. Love to hear it made, although I'm about to head home.

QUOTE (caulfield12 @ Jul 7, 2009 -> 08:30 PM) Allen is 24 already, so it's not like he is a "spring chicken," he's more of a late bloomer. We were dealing from a position of strength in our organization (Konerko, Fields, Viciedo, Flowers, Phegley, etc.) and Allen was no longer projected to be an impact bat based on this season's results, apparently. Isn't 24 and in AAA almost exactly the normal schedule for guys?

QUOTE (whitesoxfan101 @ Jul 7, 2009 -> 08:29 PM) That's a dumb argument because Brandon Allen has a lot more return value than a mediocre middle reliever. This trade may work out, but it's indefensible on paper. I know it's silly, but that says something about how even they think about this deal on paper. They know it doesn't look good, so they must be darn certain they can get something out of Pena. Either that or they've completely lost their minds.

MMMMMM, Hypothetical Bacon.

Even Rongey's trying to sell this based on the improvement Thornton made after he came to the Sox.

QUOTE (Jenks Heat @ Jul 7, 2009 -> 07:45 PM) I have no trouble trading anyone any longer. Beckham?

Pierzynski simply can't hold on to Poreda's ball.

QUOTE (Kenny Hates Prospects @ Jul 7, 2009 -> 07:16 PM) That makes sense then. So say we offer Dotel $3.5M and Thome $6M + some small incentives. Thome and Dotel both decide to test FA, so we deny arb. So then if they decide they like their offers later, doesn't that mean we still can't sign them until like June or something, which means they're gone? And even if we could sign them later, we'd have already likely met or come very close to meeting our budget by the time they accept our initial offers. So basically unless both Thome and Dotel want to immediately accept low-ball offers well below arb and forgo FA to stay, they're gone after the year. That is correct. If Dotel and Thome do not sign in November for whatever we offer them, and we do not offer arbitration, they can not sign with the Sox again for any number until the beginning of the actual regular season.

Konerko with a 3 Hr day? Crap.