southsider2k5

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QUOTE(NorthSideSox72 @ Nov 1, 2007 -> 02:39 PM) When I mean now, I don't necessarily mean literally today. I mean in the next few months. And keep two things in mind. One, people are going to become aware of their resets before they happen, because law requires notification/warning ahead of time. So the panic will start prior. Two, when I say buy, I don't mean buy at market. I mean something like... find 10 properties where you think appreciation is likely later, and start making low bids. As you go down the list, someone will bite. I am sure you have heard the wise old trading saying... "Those who pick bottoms, get s*** on their fingers."

QUOTE(Cknolls @ Nov 2, 2007 -> 09:49 AM) It's a global mkt, right? That's what they keep spewing on T.V. Well then any investor in the S&P 500 whose home currency is the Euro is now looking at prices below the August lows. Which is exactly what they are trying to do. They want all of the other currencies to be expensive. They are trying to stall out China and Europe, and lessen the profit of $100 oil in the middle east. The more I have read, the more I have realized they are trying to correct the trade balance with the weak dollar. Exports are booming, and imports are going to start getting really expensive. Its the best way to prop up industries like Steel and Auto. Its also the best way to slow down China's growth.

http://www.reuters.com/article/businessNew...=23&sp=true

http://www.wbbm780.com/95-Foot-Popsicle-Pl...um-Park/1163629

The sad thing is, if it were the biggest offer, Borass would take it.

What a coincidence... Kerry Wood is a free agent and looking for a new home...

QUOTE(Soxbadger @ Nov 1, 2007 -> 12:34 PM) Its going to be really hard for an appeal court to uphold this decision. I dont know what happened, but 11mil in compensatory damages would be insane, so did they some how get punitive? With out the exact facts, it is really hard to comment, but I am some what perplexed by the decision. In public you have almost no right to privacy, so as long as these people were protesting in public, there is really nothing legally they may have done wrong. Sure it is sick behavior, but Im not sure what theory of law you could really say they broke. If your in public, how can your privacy be invaded? If the funeral service was in their home, and the protesters snuck in, then sure they have a great case. But if you are out in the open, its really hard. Its clear they were not on private property, because once your on private land you no longer can use the first amendment as a shield, because first amendment only prevents govt action, not private action. Therefore it had to be public land otherwise they would have just been thrown out and arrested when they did it. My guess is over turned at the appellate level. That is kind of what I was thinking off of the top of my head. As much of scumbags as they jerks are, I don't see exactly what law they broke. You could really take judgement and expand it into areas that you don't want to go into, and pretty much destroy freedom of speech. What is to stop them from banning protesters in public areas such as Daley Center, because of the emotional distress and expectation of privacy someone has at work? As a person who values the constitution, I see this ruling as a violation of free speech, no matter how much I don't like the speech.

QUOTE(Cknolls @ Nov 1, 2007 -> 03:04 PM) It isn't a coincidence that the VIX is up almost 27% today and the mkt is in the toilet. Also watch the dollar. IF the $ rises dramatically, I believe stocks will get crushed. Asset inflation vs. dollar denomination I don't think you understand the fundementals of VIX. Volatility is a percentage of movement of the whole market. A big point move, divided by a lower priced market, equals a higher vol. The VIX always explodes on large quick downward moves

Speaking from someone who did a whole bunch of work in the sports industry for pretty much no money. If you can afford it, do it. The experience is priceless. Its not glamorus or anything like that, but the experience is something you will appreicate more and more as life goes on. Broadcasting high school basketball and college football, I got to broadcast the Indiana High School final 4 (think Hoosiers) and a college football game while sitting in the visiting owners box of the RCA Dome, not to mention some of the smaller venues. I met people, and had experiences that I will always value. Yeah, you can make more money working in a factory or something, but you will never forget your time if you are a big sports fan.

maybe the Yankees are finally remembering what won them 3 world titles in 3 years... Pitching and defense. Crede would be a great fit for them if he could stay healthy. Hopefully we can get something for Joe, because we are going to lose him for nothing soon enough, anyway.

http://www.townhall.com/blog/g/f3365966-75...af-9546a5b834f6

http://mobile2.wsj.com/beta2/htmlsite/html...in_commentaries

QUOTE(Balta1701 @ Nov 1, 2007 -> 11:23 AM) So, for those with more experience in this whole arena than me...a simple question for you. When's the last time that you felt more hawkish on inflation than the Fed? Never. The last time inflation was a concern, I thought inflation was something that applied to balloons. (think Reagans first term) The last time I disagreed with the Fed this strongly was when they didn't raise rates to stop the stock market bubble about year before the bubble burst and recession set it.

QUOTE(Felix @ Nov 1, 2007 -> 09:40 AM) He's got the Joe Crede syndrome. Sounds more like David Wells syndrome... fat, lazy, and looking for his next big contract.

QUOTE(Texsox @ Nov 1, 2007 -> 08:16 AM) From a Survey of Out of Context statements perhaps? Perhaps a visit to snopes.com? http://www.snopes.com/politics/clintons/marxist.asp Too bad they don't have anything about the multipier effect on Snopes... Maybe then, I wouldn't get all of the "Out of Context" posts everytime taxation gets mentioned.

More Ron Paul love... http://www.time.com/time/politics/article/...=rss-topstories

QUOTE(NorthSideSox72 @ Oct 31, 2007 -> 03:20 PM) So, Stephen has decided that the $35,000 price tag to register for the GOP primary in SC is too high a price. The Dems only charge about $3,000, so he's going to run only as a Dem. But... there is a catch. He has to be seen as viable nationally by the SC council who reviews the candidates (also needs to campaign in the state, but he has already done that). So basically, this council holds his candidacy in their hands. And they plan to decide tomorrow (Thursday) afternoon. If it is up to a committee, there isn't a chance he gets on the ballot, even in the party of inclusion.

QUOTE(NorthSideSox72 @ Oct 30, 2007 -> 03:01 PM) Issue resolved. The protestor gets 18 months probation, suspended sentence on charges of resisting arrest without violence and interference, which will be expunged if he completes probation cleanly. The officers are back on duty, after the state investigation found the use of force was appropriate. Someone should tase the judge for that non-sentence.

Here's a little history lesson for you. If you don't know the answer, make your best guess. Answer all the questions before looking at the answers. Who said it? 1) "We're going to take things away from you on behalf of the common good." A. Karl Marx B. Adolph Hitler C. Joseph Stalin D. None of the above 2) "It's time for a new beginning, for an end to government of the few, by the few, and for the few...... And to replace it with shared responsibility for shared prosperity." A. Lenin B. Mussolini C. Idi Amin D. None of the Above 3) "(We) ...can't just let business as usual go on, and that means something has to be taken away from some people" A. Nikita Khrushev B. Josef Goebbels C. Boris Yeltsin D. None of the above 4) "We have to build a political consensus and that requires people to give up a little bit of their own ... in order to create this common ground." A. Mao Tse Tung B. Hugo Chavez C. Kim Jong Il D. None of the above 5) "I certainly think the free-market has failed." A. Karl Marx B. Lenin C. Molotov D. None of the above 6) "I think it's time to send a clear message to what has become the most profitable sector in (the) entire economy that they are being watched." A. Pinochet B. Milosevic C. Saddam Hussein D. None of the above Scroll down for answers Keep scrolling Answers (1) D. None of the above. Statement was made by Hillary Clinton 6/29/2004 (2) D. None of the above. Statement was m ade by Hillary Clinton 5/29/2007 (3) D. None of the above. Statement was made by Hillary Clinton 6/4/2007 (4) D. None of the above. Statement was made by Hillary Clinton 6/4/2007 (5) D. None of the above. Statement was made by Hillary Clinton 6/4/2007 (6) D. None of the above. Statement was made by Hillary Clinton 9/2/2005

QUOTE(Rex Kicka** @ Oct 31, 2007 -> 06:06 PM) I'm just a bit confused. I thought the housing meltdown had a bit to do with the fact that the housing craze made everything pretty overpriced in general and put a lot of people in a much more financially strapped position than they could afford to be in. As those people started to default on their houses, the mortgage market imploded which basically created a shortage of liquidity in the market? This doesn't seem to be an altogether bad thing - because the liquidity that was there caused big financial institutions to overstretch on housing, yes? So, although a drop in the Fed interest rate helps keeping the housing market from cooling too quickly, is it really doing the right thing in an economy headed for recession? Lower interest rates equals a weaker dollar. This would help our exporting, however with our manufacturing base shriveled, is that really a huge gain for us anymore? On the other hand, it helps boost energy costs, specifically the price of oil. This fuels inflation in food and energy - which seems to be the big problem for the most of us who don't have a ton of cash to throw around on 3.00+ a gallon gas and 4.00+ a gallon milk. So while prices for essentials for Americans increase, savings rates get further depressed because traditional means of savings are getting more and more pointless. Wouldn't this dampen the already weak American will for saving further? I just don't see how rate reductions at this point would be a good thing for the average American. I just happened to be listening to CNBC when the Fed annoucement was made yesterday so I got to hear a fair amount of interesting information. #1- this might be the last rate cut for a while. It also might not be, but the fed did change their bias language to pretty nuetral, with phrases included about analyzing data and the like. #2- inflation, specifically commodity based was also deeply dicussed. #3- Yes the mortgage companies are hurt in all of this, but one thing I have heard discussed, is that while losing homes is happening, almost all of these people are not becoming homeless. They are still spending housing money in one form or another, meaning they are still paying rent, or a smaller mortgage. #4-Inflation is out there, no matter what the statistics say. The funny thing is that right now, the huge cheap import volume is what is really saving us from 70's style inflation, and that is why no one is really doing anything about China and the rest of Asia. Alan Greenspan was quoted as saying that China is even starting to have serious inflationary pressures, and he believes we will move back into an inflationary cycle in the middle term future ( a few years from now). My personal theory is that you will see the cheap/slave labor pool begin to move out of Asia when this happens, and into the most underdeveloped place of all, Africa. It would be cheap to industrialize and modernize there to utilize its labor and burgeoning numbers. #5- The Fed estimated that the housing crisis, as it is being dubbed, has knocked 1.1 percentage points of growth off of the GDP. The interesting part is that the rebound of exports due the cheap dollar, has actually added 1.0 percentage points of growth to the GDP, which is why we are still in plus territory, and not in a recession. While some sectors of the economy are in the toilet, the economy as a whole is still growing. I think this is why the fed isn't too worried about the falling dollar. It will end up putting a lot of pressure on China in the very near future.

QUOTE(southsider2k5 @ Oct 31, 2007 -> 08:55 AM) Look at where it closed... It ran like a scared little b****. It isn't fundamentally ready for these levels. At least not yet. Of course I say that, and in the same day inventories are down almost 4 million bbl and the fed mentions energy prices in its statement...

He is going to be homeless himself if he doesn't quit running his mouth...

QUOTE(SoxFan101 @ Oct 30, 2007 -> 10:30 PM) Skiles says junk about that about every player it seems.... so I dont see how that makes him lazy. Again you are jumping to conclusions based on very little. A reporter that from what I heard has ripped TT since day 1 and Skiles who calls out every player not named Hinrich. Show me where he has said stuff like that about any other player recent.