southsider2k5

QUOTE (Balta1701 @ Mar 16, 2010 -> 08:21 AM) The Federal Reserve's job according to Wikipedia is: I think you could make a legitimate argument that taking a loss on those securities falls under any of those. Yeah, there's likely some corruption built in that we need to correct, don't bother lecturing me about that, i'll be the first to admit it. I want to know a priori why I should worry if the Fed loses money. We are talking about two trillion dollars in assets owned by the Fed. I know a trillion dollars in debt isn't a big deal for the Democrats anymore, but really? It is also interesting you completely blow off policy potentially being influenced by the Fed bank doing things it really isn't set up to do.

QUOTE (IlliniKrush @ Mar 15, 2010 -> 04:46 PM) It clearly did warrant a game misconduct. Boarding of that magnitude, a major, automatically comes with a game misconduct attached to it. In the words of the linesman, "game over." In other news, DirecTV and Versus have ended their fued. In the words of Stu Scott, "booya." They did a great job of reading directly from the rulebook regarding the hit during the game. There was no question in my mind about the gamer.

QUOTE (witesoxfan @ Mar 15, 2010 -> 05:18 PM) Low ceiling, high achiever. Exactly. Not a ton of potential, but you get the feeling he will realize every inch of it.

Ah the pinning of a game thread. That makes me tingly inside.

If you can't take the earthquakes as a sign the world is about to end, can I take someone putting "American Pie" on a patriotic songs CD as one?

QUOTE (bigruss22 @ Mar 15, 2010 -> 06:41 PM) Thats a notebook, essentially a laptop (~15 in screen). netbooks tend to max out at 10.1 in screens. Big difference in performance, usability, size, and price. Yeah I switched topics when I saw the price wasn't much more than a netbook.

QUOTE (Balta1701 @ Mar 15, 2010 -> 04:13 PM) Are you sure? On sale or regular price? That's what bestbuy was for a similar Gateway this past weekend.

QUOTE (chisoxfan09 @ Mar 15, 2010 -> 03:42 PM) Yeah I see CJ or De Aza as filler like the 5th piece in a 5-1 deal if it ever gets to that. The last pieces in a deal like this are high ceiling, low achievers at low levels of the minors. Lottery tickets if you will.

QUOTE (Balta1701 @ Mar 15, 2010 -> 03:11 PM) Can anyone take a crack at this for me? Depends on what you mean by, does it matter...

I know Acer isn't the greatest name, but this is a great price for a laptop. Anyone use anything like this before? http://www.officedepot.com/a/products/2967...5517-5689-15-6/ 3Gb memory, 1.66 processor, 667 front end bus, 250 Gb harddrive. Those specs cost $450 to $500 in most other brand names.

QUOTE (mr_genius @ Mar 15, 2010 -> 02:39 PM) it certainly is not. if you were to mathematically prove, that without the loose bailout structure and a complete payout of all funds, an entire meltdown of the 14 trillion dollar economy would occur; some extensively complicated mathematics would be involved. At it's surface it is much more simple than a 14 trillion dollar economy, because the economy isn't all in one bank. The way you are looking at it tells me that you need to read up on the federal reserve system, and very specifically the reserve requirements for banking, and how quickly deflating assets could, and did, sink massive banks.

QUOTE (mr_genius @ Mar 15, 2010 -> 02:26 PM) so without 700 billion, which was paid back right away once it was found out that there would be some concessions for tarp users, the entire 14 trillion system would have collapsed? seriously, what is the highest level math course you have taken. lol. i love the 'i have a liberal arts degree and can't pass calc I but i know math' arguments. continue. Personally I love the "I read it on a blog" geniuses the roam the internet without actually understanding banking, financial markets, economics, or the federal reserve. Feel free to continue to actually justify something you have never shown any actual knowledge about.

QUOTE (NorthSideSox72 @ Mar 15, 2010 -> 01:09 PM) I agree with your last point about this not avoiding future risk the way it should - the follow-on work that had to happen after TARP has been slow and incomplete at best, and negligent at worst. But that isn't about TARP, its about the regulatory environment and the rules as they currently stand, which still need serious overhaul. I think the overall impact of TARP was very positive in terms of what it avoided, and the return is going to be basically flat. To me, that is nothing to be concerned about - I am much more upset with the debacle that was the Stim bill, which is paying very little in the way of returns, certainly not to the level of its cost. The regulations of anything financial in this country are about 80 years out of date, and we did nothing to fix it. If anything adding more layers and expenses has only made it worse. Instead of having a confusing system of competing agencies each trying to justify their existance by using contradictory rules that muck up the financial sector, now we have more layers, more regulations, and less cohesiveness and sense to things, with more worthless government oversight.

QUOTE (NorthSideSox72 @ Mar 15, 2010 -> 01:39 PM) Do you find fault in my statement? Let's look at this from a really basic point of view... TARP: $700B authorized (give or take), $300B actually used, $200B returned so far with interest, ~$50B to be returned with interest in near term, leainvg ~$50B as true cost, minus whatever interest is received (which is well above opp cost in this case). STIM: $787B authorized, all to be spent, to give us what? Temporary construction jobs, and other stuff not sustainable? How can you not see the STIM bill as a much greater failure than TARP? And again, I am not talking about the abject regulatory failure that is going on now, which I completely agree on. I am talking about TARP. The dirty secret is that most of the spending has been on things that were going to be spent anyway. I would argue that we would have gotten further with relaxing reserve requirements than we did with either program, though stabilizing banks was just number 1 in a one thing list. The last time we had a full out bank crash was 1929, and we all know how that worked.

QUOTE (mr_genius @ Mar 15, 2010 -> 12:35 PM) 0% chance that would have happened. You really think Chase, for example, was going under? There is no way. Far too much money was given out, most was not needed. anyways, whats done is done. i really don't feel like getting back into this bailout debate. there will be plenty of time to debate this type of activity when they come back for the next inevitable ginormous government bailout. If the cascade kept up out of control, and the federal reserve did what it was supposed to do, every single bank in the country probably would have gone under. There was zero confidence in the system, and with assets being the main part of the valuation of deposits for most institutions, there is zero chance they would have been able to keep up their reserve requirements when faced with the valuations of their loans falling double digit percents, especially with their concentrations in bubble markets such as Cali, Fla, and Las Vegas. Honestly, it is simple math.

QUOTE (NorthSideSox72 @ Mar 15, 2010 -> 01:50 PM) By no means is it over. There is still a possible foreclosure bulge, which is looming out there but fortunately being slowly aired out by the banks and various other factors. But it could still get ugly. Worse, the money we did spend in jobs creation had low effectivity, and it was temporary s*** - not sustainable industry. In Indiana the government is now the second leading employer as an industry group, behind only retail.

QUOTE (chisoxfan09 @ Mar 15, 2010 -> 11:34 AM) So you could take either Route 41 along the lake or the Skyway to connect to the Dan Ryan right? Skyway to 94 for sure. That is by far the quickest. If you let me know what you are interested in, I can recommend some stuff here if you like.

Why would Pearl leave Tenn for Iowa? Are they going to pay more? Or it is just the fact he played there?

QUOTE (chisoxfan09 @ Mar 15, 2010 -> 11:31 AM) SS2K5, OT. Have you ever been to the East Side? Right where the Indiana Toll Road starts? How far is Michigan City from there? If you switch over to 94 when you run into it at about the 12 mile marker, it is about a 25 minute to half hour drive to City depending on exactly where you are going.

Um, if San Diego wants CJ as a part of any Gonzalez deal, consider him packed and taken to the airport.

http://www.calgarysun.com/news/canada/2010...6/13138731.html

Duke's region is a joke. Their 4 and 5 seeds are circling the drain, big time.

QUOTE (Balta1701 @ Mar 15, 2010 -> 10:03 AM) The Sox claimed De Aza on the waiver wire this offseason for essentially nothing. There's no reason to assume that his trade value is anything other than nothing until he comes up to the big league team and looks like a quality everyday major league player. Right now, he's a "you could have had me free if you really wanted me" level backup. I really hope that was supposed to be a joke about De Aza

QUOTE (ptatc @ Mar 15, 2010 -> 09:58 AM) Mitchell's problem is more of an unknown. If the surgery and rehab goes well, he has the potential of having no lingering effects. If it is a difficult surgery and rehab he has the potential of having any number of lingering issues from tendonosis to biomechanical foot pain which could hamper his performance. The navicular bone to which the tendon in question attaches is the keystone of the arch of the foot. If it doesn't do it's job properly the whole foot is effected. Look at Frank Thomas this is the bone which he broke and really couldn't run for the rest of his career. Ventura's injury was certain to cause lingering issues. Whenever you damage a the ankle so severly to dislocate it, there is major damage to many tissues and the joint. The ankle joint rarely regains full range of motion and free movement. This would really decrease the adavantage in the speed game. It Ventura's case this wasn't a big deal but it probably decreased his qucikness and range to the opposite side of the injured ankle. In mitchell's case this injury would have hampered his speed game. Interesting. Thanks again.

QUOTE (Balta1701 @ Mar 15, 2010 -> 10:01 AM) Frankly, until the Dems decide they're going to act like the Republicans and start making people lose seniority over statements/votes like his, yeah, I'm surprised. Why? The Democrats have been doing all kinds of things to people who aren't falling into party lines, including the worst punishment of all, trying to get them out of office by running other people against them. I know that isn't the popular theme, but its not like they are standing by and just accepting people not following marching orders. There are plenty of pissed of Dems too.