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southsider2k5

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Everything posted by southsider2k5

  1. Come on Bears!
  2. QUOTE (Brian @ Mar 28, 2010 -> 03:32 PM) The ref was out of position to make the call on the last play there. From his angle, probably looked like a foul but looked like all ball on replay with big man standing straight up. The contact came before that with the body.
  3. QUOTE (Balta1701 @ Mar 28, 2010 -> 03:04 PM) Not if the government pays out money to reimburse when a loan does go bad. Until that actually happens, yes, it is irrelevant. That would be a GAAP rule.
  4. QUOTE (Balta1701 @ Mar 28, 2010 -> 02:49 PM) That's simply not how it's been presented to me. The way it's been sold is that yes, the government is selling loans at below rates, but the loans still wind up profitable to the banks because the government guarantees the loans as well. The government guarantee is irrelevant for accounting purposes.
  5. QUOTE (That funky motion @ Mar 28, 2010 -> 02:17 PM) The Texas game is on 676 for Directv. It's the Texas feed. What network is it? Fox Sports Southwest?
  6. So what do you do when you get death threats? You use it to get money! http://www.newsbusters.org/blogs/noel-shep...y-death-threats
  7. QUOTE (Balta1701 @ Mar 28, 2010 -> 12:59 PM) You've been repeating this over and over and I can't find a single non-far right analyst who agrees with you that the government is doing something other than ending a large subsidy to the banks. Gee, I wonder why. It is Sabane's Oxley 101. The value of a loan on a companies books has to reflect its value. If the loan is being made at below market value, it has to be shown as a money loser on the books. That is where the subsidy came in. It was the gap between a market value loan and the below market value that the US government forces student loans to be made at. That way a bank wasn't hurting itself with the Federal Reserve by making these loans. Why do they no longer need the subsidy when the government takes over? The government exempted itself from SOX. They can make below market value loans without having to take a loss on them. It is the same reason the Fed Bank doesn't have to do anything with all of the toxic loans it took on. It is exempt. I know it doesn't fit with the left's anti-corporate agenda, but that is the way that it is.
  8. QUOTE (StrangeSox @ Mar 28, 2010 -> 12:30 PM) NSS's post reads to me that they're closing accounting loopholes that amounted to large tax breaks for companies and that's why they're writing profit down. And my point is that the government is doing the exact same thing with the health and student loan programs and they are allowed to call it "savings".
  9. QUOTE (Rowand44 @ Mar 28, 2010 -> 10:53 AM) Ya, it's on pace with the horizon league. By the looks of it, I was the only one around here cheering for Kentucky. I have no idea why, but WVU absolutely annoys the hell out of me. Maybe it's the fact that they're not a particularly good offensive or defensive team(they do rebound exceptionally well though) but they keep finding ways to win so I have to take my hat off to them, they're much better than I thought. That being said, I hope Baylor dismantles Duke and then proceeds to do the same to WVU. I was rooting for UK. I have been a pseudo fan since back in the Travis Ford/Rick Pitino days.
  10. If only they could play at Hinkle and let the world see what a basketball arena should look like.
  11. QUOTE (Tex @ Mar 28, 2010 -> 11:13 AM) So some of the "savings" are actually from stopping some tax breaks from companies, which in effect results in higher taxes paid by corporations? No, accounting tricks, which the federal government is exempt from being subject to the rules on.
  12. QUOTE (KyYlE23 @ Mar 28, 2010 -> 10:07 AM) I love this thread. "Thats not going to happen" "Thats why its a bold prediction" It never fails. lol That's a pretty bold prediction! Oh wait...
  13. QUOTE (bighurt4life @ Mar 28, 2010 -> 04:25 AM) that's funny. maybe people are working on some new rants, trying to tighten up their whole approach to freaking out when the team has a couple bad games in a row. We don't want any Mark Kotsay in the three hole type freakouts!
  14. QUOTE (NorthSideSox72 @ Mar 28, 2010 -> 08:38 AM) If we're going to bash the cost side of this, then let's at least be honest. The charge-off isn't due to increase costs of health care - its closing a sort of strange loophole in previous law that allow companies to get a tax-free federal subsidy for Medicare retiree costs AND still take that amount as part of a tax DEDUCTION. I mean, come on - taking a tax free income stream, turning it out the door to retirees, then taking the deduction for those costs? That's completely bogus. So yes, companies will take charges due to this, and yes, that will have a negative effect on those companies. But its also a matter of getting a corporate tax rule back to something at least resembling fairness. No individual tax payer can get a way with getting a federal grant, spending it, and then deducting it. The funny part is many of the "savings" in the health care bill, are this exact kind of accounting.
  15. There is an illegal labor joke in there somewhere...
  16. QUOTE (BigSqwert @ Mar 28, 2010 -> 08:05 AM) Damn I thought I was up early. You getting home from the clubs? If you think eight is early, wait until you have kids!
  17. QUOTE (LittleHurt05 @ Mar 28, 2010 -> 02:00 AM) Ahhhh, I still remember seeing a random ESPN headline that BMac was traded away for some guy named John Danks and being so pissed. Turns out that Kenny Williams guy knows what he is doing.....at least some of the time I absolutely hated the trade. I couldn't have been more wrong.
  18. QUOTE (SoxAce @ Mar 28, 2010 -> 01:31 AM) <!--quoteo(post=2106962:date=Mar 27, 2010 -> 09:50 PM:name=The Critic)-->QUOTE (The Critic @ Mar 27, 2010 -> 09:50 PM) <!--quotec-->Jimmy Howard and Pecca Rinne were HUGE tonight in Nashville. Scoreless tie through regulation and OT, and 11 rounds of shootout lead to a 1-0 Detroit win. Crazy to think you guys are now the 6th seed and only I think a point away from the 5th seed. Amazing to see with all the injuries Detroit had to put up with and they probably will still be a top 5 team come playoff time. OT: But this just happened a few hours ago and I find it very hilarious. Minor league coach goes Lou Piniella/Hulk ape s***. I don't watch hockey as much as some here over the years, but I don't think I've ever seen this before. Skip all the way to 3:25 (love the 2 players to his left laughing at it.. ) That is some god awful hockey.
  19. QUOTE (Willy52 @ Mar 27, 2010 -> 08:44 PM) Typical hater. When we beat Baylor tomorrow you'll be eating alot of crow. Quit being jealous that your s*** UNC team isn't playing with the big boys this year. f*** Duke.
  20. I don't know if there is coach in college basketball I respect less than Bob Huggins.
  21. Well let's just hope Duke goes out as well.
  22. Kentucky is shooting like someone paid them to throw this. They can't hit a free throw, let alone a three pointer. They are just melting down.
  23. So when was the last Final Four without a number one seed? Has it ever happened?

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