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NorthSideSox72

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Everything posted by NorthSideSox72

  1. QUOTE (southsider2k5 @ Nov 20, 2008 -> 09:38 AM) Its normal on facebook to ignore people. You will find that if you were to start getting into groups, people will add you for pretty much no reason. It might be a little different for someone you actually know, but if you aren't worried about what they think or will say to other old "friends", I wouldn't sweat it. Yeah, I've ignored a few requests from random people (mostly people who joined the Wilderness Study Area group I started). I see no problem with it.
  2. QUOTE (Athomeboy_2000 @ Nov 20, 2008 -> 09:34 AM) Napolitano to head Homelend Security: That's an interesting one. I'd imagine, in AZ, she must be a relative moderate. Anyone know her politics, and how effective she has been? What her policies and politics are on border control? I hope she's more in favor of a virtual wall, not the phyisical one.
  3. QUOTE (witesoxfan @ Nov 19, 2008 -> 04:49 PM) didn't Wally Joyner do steroids like one time and then realized what he was doing and stopped? Maybe, I honestly don't recall the details. Just that he supposedly admitted to doing it. I don't remember the rest.
  4. QUOTE (Balta1701 @ Nov 19, 2008 -> 06:06 PM) A fascinating point is made here. GM currently has about $38 billion in outstanding debt. The Depository Trust and Clearing Corporation reports that on that debt, there are currently about $65 billion in credit default swaps outstanding...meaning that there are a lot of people who stand to gain a lot of money if GM goes down, and potentially a lot more insurance damage, of the sort that brought AIG to its knees, which will hit if GM goes down. Frankly, that's a big point in favor of the bailout. Who wants to bet that AIG probably holds $10 or $20 billion worth of credit default swaps covering GM? In other words, we might well be paying this bailout EVEN IF we let GM et al. fail. And I really wonder if anyone who happens to hold some of those CDS's on GM or the other auto companies might be sending their lobbyists in to casually lobby against the bailout to their representatives. Yet again, we have someone who knows a little, but not enough, about swaps (the author). People are undoubtedly making money on trade differential on these swaps, as well as cash flow for covering. The problem is, if there are $65B in CDS on GM debt, that means that if GM goes bankrupt and defaults on the debt... the Receiver holder on the swap will get "called" on the swap. Who is on the receiving side? Because those parties will suddenly have to PAY $65B to the Pay side holders. If they can, at the very least, they'll be out a ton of money. If they can't then the Receiver is screwed. Either way, there is going to be $65B worth of screwing going on with some IB or trading firm or whomever. This is why the swaps market needs regulation. The downstream effect of defaults could be staggering.
  5. QUOTE (Kid Gleason @ Nov 18, 2008 -> 06:53 PM) Oh hell...no Peter Gabriel!?! Rolling Stone is still a P.O.S.. Agree, I can't believe he isn't on there. Rod Stewart at 59? Bjork at 60? LOLOLOLOLOL Here's one I don't see that should be there, IMO, as a SINGER: Sinead O'Connor. Can be quite irritating, but is truly an amazing singer.
  6. QUOTE (southsider2k5 @ Nov 19, 2008 -> 03:18 PM) Crude Oil calls would give you a lot more upside. Crude and its by products are incredibly oversold right now. My recent buy long PowerShares Oil Fund agrees.
  7. QUOTE (Cknolls @ Nov 19, 2008 -> 03:13 PM) Right, there is no such thing as a quadruple bottom. So you see through and through, not bounce away? I can see us dropping big into the 7000's, but I don't see going much below 7250 or so. Me personally, I'd go long once its below 7500 or so, again barring a major shift in the landscape.
  8. So, how low will the DOW go in the next year or two, before heading significantly back up? Make your guess.
  9. QUOTE (Cknolls @ Nov 19, 2008 -> 03:05 PM) DOW closes below 8000 for first time since March 2003. So, predict for us good sir... bounce tomorrow, or a big drop to a new resistance level?
  10. QUOTE (YASNY @ Nov 19, 2008 -> 02:57 PM) I know what I have experienced in my life. Racism is just as prevelent from the blacks as it is from the whites. You can use all the stats you want to you, but I've been around for a while and I've seen it and lived it. On that note, I'm out of here. At this point in history... I agree.
  11. Markets tanking again, down around 5% on the big boards. Seems like the DOW keepings flirting with 8000 but not getting below (at least not at close). The chart looks to me like its got a ground floor around that mark, unless some other major new lurking monster appears. With the news as bad as it is already, it would have to be a pretty huge monster. I'm going to have to say to CKnolls, I don't think we're going to the 6's on the Dow. I just don't see it, unless something on the scale of a new swaps crisis or a thorough collapse of the auto industry occurs (more than just GM declaring bankruptcy - I mean someone ceasing major parts of their operations immediately).
  12. QUOTE (Steve9347 @ Nov 19, 2008 -> 10:31 AM) I really really really really liked G-Load. So did I. I think I had the crown for the biggest G-Load fan on this board, just as I now do for Ehren Wassermann. Gload didn't get a chance to start until too late in his career to really make it work. I still think, if he hadn't been blocked for so long with so many organizations, that he could have been a Wally Joyner type player (but without the roids).
  13. A couple thoughts on racism in Chicago specifically... Chicago has a pretty awful history of some bad acts in the area of race relations. The King Riots, and the terrible plans that led to the housing projects of the 70's, are big examples of it. The nature of Chicago being 200 individual neighborhoods was at one time very segregated, racially and culturally. This gives the city some of its character, but also some of its prejudice. However, as the city has gone through a renaissance of sorts in the past quarter century, race relations have improved along with it. Its a very different city than it was 25 years ago, and that includes racial issues. So while the history is ugly, the present picture is a strong model for other cities in making progress. Second, about the anti-north and anti-south thing... it absolutely exists in both places against the other. I've seen it and experienced it. This is amplified that Chicagaons as a group tend to be bigger homers, if you will, than people from most other cities. Forget just regionalism - Chicagoans tend to be huge proponents of their own city's greatness beyond what I've seen from any others aside from New York. This makes the anti-southern sentiment that much stronger. But I have also seen PLENTY of anti-Yankee sentiment in Tennessee. In fact, believe it or not, I participated in a weekend-long civil war re-enactment, and was part of a Confederate unit for the event. That was quite an experience on multiple levels. There are some folks who really don't seem to know the "War of Northern Aggression" is over. But, the majority of people I spent time with were neither scary nor overtly racist - I was in fact impressed with the dialogue I had with many of them on this very topic.
  14. QUOTE (YASNY @ Nov 19, 2008 -> 11:35 AM) Ok, I went through the first three pages of this thread and I just had to stop reading. First of all if you really believe that 97 f***ing % of the black voters voted for Obama because he is a democrat, and not because he's black, you are an idiot. Second, if you don't see this as a double standard you are an even bigger idiot. Third, if you really believe that the south is any more racist than the north you don't know what the hell you are talking about. Very few of you have lived in both places, and I have. It's just as bad in Chicago as it is Alabama. In fact, I'd go as far as to say that racism is worse in Chicago that is here in Paducah KY. Some of you people have this pie in sky outlook on things and it is just not realistic. *raises hand* I've lived in TN, IL, CO and IA. Just for reference.
  15. QUOTE (NorthSideSox72 @ Nov 19, 2008 -> 08:04 AM) Pirate "mother ship" set ablaze in battle with Indian naval frigate. No confirmation yet if the ship has sunk, or is just burning at sea. Follow-up: Yahoo (AP) now reporting that the mother ship was in fact sunk by the Indian frigate.
  16. Looking at the CNN main page, these two headlines from CNN Money are at the top: Housing Starts Lowest since 1959 Consumer Prices Post Record Drop
  17. Pirate "mother ship" set ablaze in battle with Indian naval frigate. No confirmation yet if the ship has sunk, or is just burning at sea.
  18. QUOTE (caulfield12 @ Nov 18, 2008 -> 11:35 PM) How quickly I am forgetting about Pablo Ozuna as well. Poor Ross Gload, he would have been perfect, but he never found a place on that 05 team. Actually, the main reason Gload wasn't around in '05 was an injury.
  19. QUOTE (mr_genius @ Nov 18, 2008 -> 08:44 PM) uh oh hopefully the Dems lose the next two. They'll lose GA. MN I just don't know - too close to call.
  20. QUOTE (Steve9347 @ Nov 18, 2008 -> 03:43 PM) I'm going to agree with bmags. They wouldn't base this decision upon 3 races that are up in the air, two of which seem to be going Republican. This is an effort to seem bi-partisan and nice and forgiving. Reid? Nice and forgiving? LOL.
  21. QUOTE (Texsox @ Nov 18, 2008 -> 03:18 PM) And once again, we find Obama voters accusing *some* McCain voters of racism. That's not a problem and understood as "proven" and "fact". It's been happening for a year and continues to happen. What a shame. Do you really believe that race was not a factor for ANY voters, for EITHER candidate?
  22. QUOTE (southsider2k5 @ Nov 18, 2008 -> 03:13 PM) So if there was an overlay in areas that were primarily black where Obama's gains outgained the national numbers, would this be the same type of "tendency'? Of course. One can get into the social ramifications of each variety of racism being more or less valid, but if the comparison is the same a la your description, than that would be my guess as well.
  23. QUOTE (kapkomet @ Nov 18, 2008 -> 02:23 PM) This is PURELY about 60 caucusing Dems, vs. 59 caucusing Dems. Period. They smell blood in the water with the last three races up in the air. Otherwise, they would have dumped his ass real quicklike. Well, I'll go MOSTLY, but not quite PURELY. In general, I agree with you. There is also the factor of Lieberman being a potential asset among moderates of both parties in getting legislation done.
  24. QUOTE (kapkomet @ Nov 18, 2008 -> 02:52 PM) Yes, but he's got all the retreads working for him. That tells you all about the change. He might. Or, he may be doing the smart thing here - transitional team full of people EXPERIENCED at transitioning into the Presidency. And since he clearly won't be likely to choose Bushies for that job, what does that leave him? Clintonites. Let's wait and see what the cabinet and clolse circle look like. I think you'll see majority, but not wholly, Dems. You'll also see a variety of backgrounds and political locations, as well as SOME former Clintonites, SOME current Bush folks, and SOME other experience sets.
  25. QUOTE (Texsox @ Nov 18, 2008 -> 03:00 PM) but I said some. Show me a link that proves why someone switched. You are making assumptions about a region and why they switched, Back it up with some data. I keep hearing this is proven. Why do we know so much about these voters and their racist voting patterns? Its called correlation. The heat map that someone posted here a couple weeks ago was a good example. In the great majority of the country, Obama did better than Kerry, which makes correlated sense with the fact that Obama was better than Kerry nationally as well. But that geographical area we are referencing, the opposite happened. And those areas have a history of being culturally less open-minded - though again, this is a net tendency, not an absolute. Of course, correlation is not necessarily causation. There could be other causes. Do you have another theory?
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