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southsider2k5

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Everything posted by southsider2k5

  1. QUOTE(SnB @ Nov 9, 2005 -> 03:07 PM) i honestly don't think i've ever been so excited for a game to come out. This is going to be such a breath of fresh air in the baseball videogame world. A baseball videogame.........where there will actually be a franchise mode that you can play through multiple years? Hopefully with the recruiting like you get in the college basketball and football games :drools
  2. southsider2k5 replied to nitetrain8601's topic in SLaM
    QUOTE(SnB @ Nov 9, 2005 -> 02:03 PM) maybe it was my advisor just being very "advisor-y", but he told me that economics majors from here will usually get the same type of jobs the guys from finance and such will get. now you got me worried, you whore If you want to stay in Chicago, you should be fine. if you want to work in a smaller town, make sure to minor in something else.
  3. QUOTE(Balta1701 @ Nov 9, 2005 -> 01:59 PM) But see, the point that there hasn't been a refinery built in the U.S. in 20 years actually doesn't matter, because the oil companies don't want to build any more refineries. In fact, I can cite one example here in California where Shell tried to shut down a profitable refinery which produced 2% of this state's unleaded and 5% of its diesel fuel. The state chose not to let them shut it down and forced them to sell it instead. Flying J seems happy with their purchase - it is quite profitable for them. There are several reasons why supply hasn't increased. First and foremost...oil companies know about the inelastic curve as much as you do, and they know that they turn higher profits at higher prices, so its to their benefits to not build any more refineries, because it starts to restrict supply. Beyond that, there's the simple matter of there not being any more oil in the ground, but that's a post for another discussion, and I have a class in 30 seconds. You can also probably dig up many NIMBY problems for companies who have wanted to build more capacity. Everyone wants cheaper energy, but no one wants a crude oil refinary or a nuclear power plant in their neighborhood. Everytime one gets planned, its gets followed by years of lawsuits and court fights. All of those costs come before a dime is realized by the company, if ever. Envoirnmental standards are another huge factor as to why the prices of energies are so high, especially during the summer. As some people know there aren't just 3 grades of gasoline that you can choose from. Many states and local governments have required special gasoline blends that burn cleaner than what is the fed governments requirements are. IIRC California alone can require up to 20 different distinct blends of just unleaded gasoline when the all of the different blends required by cities and counties are included. Realize that every additional step of refining, means additional costs are being added to the final product. And we still haven't gotten into the 36 cents per gallon federal taxes. The state, country and local sales and gas taxes, etc. I know in Indiana we are paying 50 cents per gallon in HWY taxes, plus sales taxes. Another issue would be how long it takes to go from wanting to build a refinary to actually having one producing, and the fact that if you traced back that long, you would be right back into the times that it was unprofitable to have anymore capacity in the system. Remember the price of crude oil hadn't been over $30 brl from about the middle 80's (when Reagan was destroying capital products prices to bankrupt the Soviets) until about 2003. The historical low price of crude goes a long way towards explaining why no refinary's were built for a long time.
  4. QUOTE(Texsox @ Nov 9, 2005 -> 01:40 PM) . I think the American economic picture would be better without the trillion dollar deficits. A wrong decision was made, but not for evil reasons. An honest decision was made. I don't know what more I can add. Being the Soxy of Economics I want to make just one point of emphasis here. We don't, and have never had, anything close a billion dollar deficit. Multi-trillion debt, yes. Trillion dollar deficit no.
  5. southsider2k5 replied to nitetrain8601's topic in SLaM
    QUOTE(SnB @ Nov 9, 2005 -> 11:56 AM) I'm an economics major right now, with a concentration on the business side. My school offers a whole bunch of different econ concentrations. Pros -employable -if you like numbers, but not too much ridiculous math -its economics, it's practical and can be interesting if taught right. Cons -not everyone's cup of tea .... what school do you go to nite? It depends on what you mean by employable. Unless you want to be married to a city that has a major financial presence (LA, CHI, NYC etc) you are going to have a hard time finding a job. It is a very specialized industry. Much of what you will find is stuff that finance people would get into, unless you get into either working for the Government (such as a fed bank), trading of some sort, or working as an economist for a financial institution. (which would require a doctorate.) So unless you are willing to do something that isn't quite econ, you might be better served looking at business/accounting/finance/management/marketing. I have worked in trading for 7 years now after majoring in Econ in college so if you have any questions about either, let me know.
  6. QUOTE(hi8is @ Nov 9, 2005 -> 01:23 PM) what they have been doing with gas prices is completely insane and cant really be compared with the likes of companys such as google and ebay. a better analogy would be food. imagine humans could only eat apples, a barrell of 1,000 apples costs 10 dollars to harvest and grow.... the apple company then in turn sells the barrell of 1,000 apples to a store for 150 dollars... the store then sells each apple for 3 dollars a peice. and we have to eat in order to allow society to function, each person in the chain of command knows they have us by the balls. they know they can charge whatever they want. just 3 years ago the national average for gallon was OVER 50 PERCECNT LESS then it is now. there hasnt been that big of a production drop off... (in fact, we were making less then) somethings fishy and for you to say that its harboring a socalist society to try and get the the bottom if it.... i think is somewhat ingornat. Fishy? What is fishy about high Chinese demand, terror fears, followed by supply shock? There is nothing fishy, its economics 101. Energies have a minmal elasticity. For a given price increase, there is a very small dropoff in usage. With a big demand only a couple of things can stop a big price increase from happening, and that is a big price increase to quell demand, or an increase in supply. And since we all know that there hasn't be a refinery build in the US since the 80's, supply isn't going to be the answer to the problems.
  7. QUOTE(Balta1701 @ Nov 9, 2005 -> 12:41 PM) Here's the odd little part...the Democrats wanted to have those Execs testify under oath. The Republicans refused. It's almost as if the Republicans want them to be able to get away with not telling the whole truth. But that couldn't be it, could it? LMAO. I thought lying to Congress under oath didn't matter anymore? Anyways a formal swearing in process is pretty pointless. They don't have to be sworn in to have to tell the truth. if they are testifying and lie, they can still get into trouble.
  8. I am glad to see the Dem's coming out and basically endorsing socialism here. I wonder who else they will decide is making too much money and take it from them? Should it just be corporations that are too wealthy or should people like Bill Gates be taxed for being rich as well? If they want to say the money was made illegally, that is one thing. Prosecute the company in the courts of law. But if all there is to say is that their profits are too big, I'll be waiting to see the Congress begin to drag in corporate CEOs from all industries in order to harass them about giving away their profits too. Personally I am waiting for the heads of companies such as GE, Intel, Microsoft, Coke, Time Warner, Citibank, Merck, Ebay, Google, JP Morgan, etc in front of Congress so they can explain their ill-gotten gains, and can be told who they should give them back to.
  9. The all-time leading scorer in Indiana HS basketball history, IU alum, and short stinter in the NBA, Damon Bailey accepted an offer to coach his old HS team Bedford North Lawrence.
  10. http://www.cnn.com/2005/AUTOS/11/07/small_cars/index.html
  11. QUOTE(mreye @ Nov 9, 2005 -> 11:40 AM) Thank you! Now I can impress all my friends with my new vocabulary. Word E, Word.
  12. southsider2k5 posted a topic in SLaM
    Are you having trouble understanding what the kids are talking about today? Not caught up on the latest lingo? Do the lyrics to a rap song just utterly confuse you? Well I am here to make your day Click this link NOW!!
  13. QUOTE(EvilMonkey @ Nov 9, 2005 -> 11:20 AM) I try to avoid public washrooms if I can, but if I can't, I ALWAYS wipe the seat first with some TP. What was he thinking? The thing is, he had to feel something wet on the seat. I dont' know about you, but if I sat in something wet on a toilet seat, I would be jumping up to clean it off at least. Why would you stay seated in it long enough for the glue to set???
  14. QUOTE(Middle Buffalo @ Nov 9, 2005 -> 11:09 AM) I'm pretty sure the "G" is silent. Its not silent, but it isn't the heavy G sound either. ing is a close proununciation as I understand it.
  15. QUOTE(Steff @ Nov 9, 2005 -> 10:58 AM) Alleged.. and heaven for bid someone be accused of something that isn't true.. remember there are some pissed off rebels still on the loose who weren't able to cash in on kidnapping his mother - which many feel was an inside job... I for one would love Urbina on the Sox. Just from seeing him and Oz and Freddy interacting last year in Detroit it was clear that Oz can keep him under control. To me it is just as possible that he could have been trying to exact some vigilante style justice from his mom's kidnapping. I haven't heard anyone mention that, but I would be curious if that was the presumed motive. It will be interesting to see how the case progresses.
  16. http://www.cnn.com/2005/LAW/11/08/toilet.man.ap/index.html
  17. QUOTE(Tony82087 @ Nov 9, 2005 -> 10:28 AM) Sox really could have a good marketing piece with Matsui. Brooks and the rest of the Sox brass could have a field day with making "Tad" and "Dek" the Japanese bash brothers. You can say we had Shingo and Iguchi on the same team, but this would be a whole new ballgame. You could even hit them back to back pretty easily.
  18. QUOTE(Balta1701 @ Nov 9, 2005 -> 01:23 AM) So wait...you're telling me that terrorists have gained a training ground in Iraq? Had. As in, before we invaded.
  19. QUOTE(YASNY @ Nov 8, 2005 -> 06:53 AM) Yes, it's a good point. It's also a waste of taxpayers money to be prosecuting this case. They don't have to advertise the fact the overlook certain trivial amounts, but common sense suggests that they should overlook them. Glad to see they finally got the SOB. Any chance of you guys being called to testify at his trial?
  20. QUOTE(YASNY @ Nov 9, 2005 -> 06:56 AM) So we made the mistake of relying on years worth of our own intelligence as opposed to the word of a few U.N. inspectors. I can live with that "mistake". From the same UN who has head many of its personel become involved in the oil for food scandals, involving Iraq as well.
  21. Well she basically slept through the nite last night. We kept her up for like 4 hours before we went to bed, and the only time she was awake was when she got woke up for her feeding
  22. QUOTE(The Critic @ Nov 9, 2005 -> 10:00 AM) Either "eng" or "ang", probably. Like the song by They Might Be Giants, "Ana Ng". I love that song....yeah, I'm a dork..... TMBG You have some taste afterall
  23. QUOTE(Milkman delivers @ Nov 9, 2005 -> 09:55 AM) I know you're being sarcastic, but can you imagine what it would be like if something like that was discovered there? I don't know anything about buried treasure, but I read all of these links, and it seems that all of this was a little too elaborate for just some treasure buried by a pirate or something. It really seems like it's something important down there. It could just be natural rock formations that cause the flooding, and not some elaborate digging. This is an interesting critical read. http://web.archive.org/web/20020806031222/...ltes/oakisland/
  24. QUOTE(Chisoxfn @ Nov 8, 2005 -> 08:03 PM) Not even close. Rosenhaus is a lying prick. Boras may be a hard-line agent, but he's fairly honest with teams and really does work out the best deals for his clients. Ask the White Sox and Rangers how "honest" Borass is...

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