Texsox

International Import Export of Pharmaceuticals is recession proof and a certain way to prosper in a down economy. You will want to get tax advice to set up your company properly. The IRS is a great place to start, give them a call.

I'm thinking of leaving my job and getting into the mortgage lending business, what do you think?

QUOTE (NorthSideSox72 @ Dec 10, 2008 -> 10:26 AM) No pitcher is worth 7/160. No pitcher is worth the risk of 7/160 IMHO

QUOTE (FlaSoxxJim @ Dec 10, 2008 -> 09:32 AM) Question: I'm bleeding copiously from the mouth and rectum. I'm sure it's nothing and I don't want to sound like a nervous ninny, but I just want to get a second opinion. lots of aspirin.

QUOTE (southsider2k5 @ Dec 10, 2008 -> 08:57 AM) All things being equal, if I am BOA, and lending is at an extreme premium at best, yes, I would be willing to dismiss entire sectors. It only makes sense that industries directly tied to the sectors of the economy which are having the hardest time, are the most likely to fail, right? Is that too big of an assumption? The huge downturns in home building and home prices, people don't have the equity in their houses that they used to use for home improvements. They also aren't building houses like they used to. Obviously BOA has their detailed information and can make a LOT more qualified decesion than I can, but not lending to company's that are on the brink of failure seems like good business practice, or did we learn nothing from this whole banking crisis about subprime lending? And to say one slow spot in the economy is a misnomer. We aren't talking about a two quarter downturn. We are talking about a 2 to 3 YEAR downturn. There is a big difference there. This is going to be much bigger than anything we have seen for at least a generation. I agree wholeheartedly to a point. From past experiences, some lenders just are not comfortable in different sectors. When I was back in Chicago, after our bank was bought out, the new bank dropped us quickly because, in part, to their difficulties in valuating our inventory. Chips, memory, etc all fall in price and manufacturers offer "ship and debits" to protect the distributor. It has been happening since the dawn of that business model and continues 20 years later. Once we found a bank that was willing to learn about our industry, we received our LoC and continued just fine. The company recently was acquired by a national chain, so the bet was pretty solid. That bank had zero experience in our industry and try to apply a formula that was not a good tool. Some of the banking industry's practices contributed to this problem. Not thinking about each loan is one of them. Wouldn't you agree that they should be looking carefully at each loan and not making blanket decisions in advance? My original question was are we assuming their financials suck? It seems we are not. It seems we suddenly have faith in the banking industry making correct decisions. They had lots of information before and look what they did with it. I'll leave it open that they may still make mistakes. I am probably leaning in your direction that if they are going to make mistakes, leaving the money in the bank may be better, although that would be contrary to the concept of the bailout. No loans = no defaults, but we may still have the economic catastrophe that was predicted if we did not cough up $700,000,000,000.00 I still see a danger that the bailout is just going to go to large bonuses and company parties. That is a shame.

QUOTE (StrangeSox @ Dec 10, 2008 -> 08:55 AM) The thing is that this business was apparently failing and had drastically reduced orders. That may not be the case for every window company out there, but that is the case with Republic. Hence my question earlier. I was wondering if this company in particular had problems. BoA is not regarded, at least here, as manufacturing friendly in their lending practices.

QUOTE (southsider2k5 @ Dec 10, 2008 -> 08:10 AM) Hmmm, I think I am buying some stock in American Cotton Gin! So you would immediately dismiss every business in a given sector during a downturn? It would seem now that companies that are heavily into replacement products and home improvements would fair well as people decide to hang onto their homes and not buy new. I assume most people would replace their windows if needed, not just cover them with cardboard until the economy improves. Are you envisioning most construction products companies folding over the next year or two? Half out of businesses? 25%? It is sad then that we have so many businesses that are that close to failure that they can not weather a single downturn in the economy. Makes me wonder how solid our policies have been when in modern times we face catastrophic failures with one slow spot in the economy.

Thankfully money comes into this stuff. Imagine if players just wanted to play for the Yankees and would take half pay for the privilege.

QUOTE (lostfan @ Dec 10, 2008 -> 07:59 AM) Jump up and yell out Allahu Akhbar loudly. After all, God is great, and you want to make sure he's aware you're in need of his protection. Thank you!

QUOTE (shipps @ Dec 5, 2008 -> 08:00 AM) The people at the mall that sell those lotions on the carts annoy the hell out of me.Even when I walk past them on the fourth time they still ask me would I like to try some out. I say NO and then they use that f***ing line "Can I ask you a question?",which gets most people to stop because they say it in a way that in the back of your mind your thinking the question has nothing to do with the product. I also HATE the employee's in the stores that just wont let you look around.They follow your every move and every thing you look at they tell you about it and why its sooooooo f***ing great.When I told you I was just browsing that was your first hint to leave me the f*** alone! After the "ask a question" line I like to just start talking to them for a while. Sure, I'm Tex What's your name? How is that spelled? Is that a family name? How long have you been using this product? How long have you worked here? What is the product liability insurance limits if I have a problem with the product? Who should my lawyers contact? What effects did it have on your skin? Where do you use it? I once had a Winter Texan come over from the bench he was sitting at and join in the game. Finally the salesperson asked us to leave If I walk into a store, I believe I give that company the right to try and sell me something, but if I am just walking down the mall, sorry, get that s*** out of my face.

4 down, one to go. We were so busy with group presentation (Please read that powerpoint slide to me, I'm a f***ing moron, we are all morons and can't read) we never covered the chapters, but test us on them anyways.

QUOTE (witesoxfan @ Dec 10, 2008 -> 03:56 AM) tell him to make you a sandwich New question: I have a girlfriend, but her voice is deeper than mine, she's growing a full beard, she sits around and drinks beer all day watching the football game, and never has time to be with me. What should I tell her? Be thankful it's football and not the Golden Girls. On MANswers last night the showed that drinking beer will make her boobs grow bigger, it's the hops. So the beer drinking is great, encourage that. I'd say she's a keeper and schedule that wedding as soon as possible, in fact, surprise all your friends and elope today so you will be back for Sunday's lineup. (Posting from my Blackberry) There is a suspicious package on the bus seat next to me. What should I do?

QUOTE (NorthSideSox72 @ Dec 9, 2008 -> 05:34 PM) If they weren't a significant risk, they wouldn't have dropped the line of credit. QUOTE (southsider2k5 @ Dec 9, 2008 -> 08:21 PM) A company in the construction and home improvement industries during the biggest drop in home prices in American history... Nah, they couldn't be a credit risk Again, some banks are known for different industry segments. I thought BoA bought the bank that was lending this company or was I mistaken? And some companies will thrive in down markets, while others will fail. Smart lenders will not look at everyone in that industry and make a blanket decision. Huge fortunes were made during the depression

My wife and boss said I spend too much time here, I fired the wife, what should I do about my boss?

QUOTE (southsider2k5 @ Dec 9, 2008 -> 01:13 PM) My oldest who just turned three, refused to go near Santa, and instead stood about 10 feet away and shouted her list at him. We teach our kids to stay away from strangers than plop them ijn Santa's lap. If he isn;t the strangest f***ing person they ever meet, I don't know who is.

How do we know they are such a huge risk? Different banks are more comfortable, or less, lending in different industries. Could this just be BoA is not strong in manufacturing? I know plenty of business owners that spend a great deal of time finding lenders familiar with their industries.Just ask anyone in Ag how it goes when they need capital and LoC.

He'd do himself a favor and play the game. I'm just honored to be on the ballot and mentioned in the same breath as these greats. You. know, the bull s*** that people want to hear, but no one really believes.

QUOTE (FlaSoxxJim @ Dec 9, 2008 -> 12:17 PM) Answer: Novice drinkers should play it safe and stick with drinking only clear liquor. Vodka and gin are always a good bet. I got my wife and my girlfriend both the same monogrammed pendant for Christmas, but I think I sent me wife the one that was supposed to go to the girlfriend. Oops! My wife's initials are "WSM" but she's going to get a pendant with the initals "FSA" on it. What should I tell her that stands for? Tell her it stands for Favorite Sorority Ass! It was earned in college, but the award was late in arriving. And keep telling your girlfriend it means Will Soon be Married. Player I'm thinking of getting a White Sox theme tattoo, where and what?

QUOTE (FlaSoxxJim @ Dec 9, 2008 -> 12:07 PM) OK, new question: My 14-year old daughter wants to date a boy thee years older than her. Like any good father, I just want to make sure she is safe. I know she'll at least be safe with the boy when they are driving together because he has an old Chevy conversion van from back when they used to make them solid. Do you think I should let her date this boy? Tell her to go for it. And try the whole flower child thing. Barefoot, small town, take him by the hand. You know that should work. I have to go to the company Christmas party and want to seem professional. I never drink alcohol, what should I drink? I know I will be nervous and probably will drink a lot of them.

Bradley is the kind of guy this team sheds in a hurry. Maybe he's mellowed, but I doubt it.

http://www.chicagotribune.com/media/photo/...te_43705180.jpg

Rich Daley is looking like a f***ing genious right now.

Wait, I'd be scared too