Magox
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Posts posted by Magox
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pass
If Brown isn't available at the #11, which I don't think he will, then I think it wouldn't be a bad idea to try to trade back into the 1st round by trading our 2nd and another pick and try to get a player like English or Ayers. If not maybe Lawrence Sidbury with our second round pick. I just don't like to many of the DE's this year with our #11 pick.
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And the country's been doing it for thirty years. This isn't really a new development.
Yes we have, but not to this degree.
Never has the expansion of the Fed's balance sheet grown or should I say exploded at this pace.
If you are an investor, and you view this as "business as usual" and don't take measures by readjusting your portfolio, then you will continue to get scorched, if you all ready havn't.
I got one word for you
Gold
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Since were going to pick on grammar, I'll pile on. Money is not made from paper, it is a cotton and linen blend, with red and blue minute silk fibers running through it. No trees are harmed.....
actually to get technical, all this money that is being created, not even %1 will ever be printed. It is all electronic.
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You need to read more. And work on your grammar.
I have no idea what your talking about. All I know is that this country is putting itself in danger. Anyone who doesn't see this, either doesn't understand economics, or is turning a blind eye.
But thanks for pointing out my grammar flaws, I will get right to it, professor B.
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So the Federal Reserve today has committed over a Trillion dollars today to combat this slowdown that we are in.
With the $700Billion bailout, $800 Billion Federal reserve committed last november to buy mortgage/consumer backed securities, $800Billion stimulus plan (what a laughable name to call it),$400 Billion omnibus speding pork bill, $650 Billion "down payment" on Health care reform, and now $1 Trillion dollar decision today, not to mention the bank bailout plan that Timothy Geithner will be unveiling soon(some say will cost over $1 Trillion) and the second stimulus that I'm sure will be recomended in the next twelve months.
My question is
How in the world are we ever going to pay back all this money? Higher taxes? Every dollar borrowed today, is a dollar that has to be payed back tomorrow.
Are the chinese really going to want to keep buying our debt? Why would they? every dollar that we rack up more debt, endangers our ability to honor our commitment to our debtors.
Pretty soon, investors will be rushing out of treasuries, the inflationary implications are disastrous, we will be stuck having to pay back the whole world Trillions of dollars at a higher interest rate, and puts us in danger of defaulting.
I feel like I am the only one who see's this. I just don't get it.
The government has created a massive increase in the monetary base, which means we are entering a massive inflation cycle. Inflation WILL be intractible.
If all this newly created money does not cause inflation, it will be the FIRST TIME IN THE HISTORY of fiat money that inflation has not resulted.
Why does it seem like I am the only one who see's this?
below is an article from Bloomberg
Fed to Buy $300 Billion of Longer-Term Treasuries
March 18 (Bloomberg) -- The Federal Reserve plans to buy $300 billion in Treasury securities and acquire more mortgage and agency debt in an effort to bolster housing and hasten the end of the recession.
“To provide greater support to mortgage lending and housing markets, the Committee decided today to increase the size of the Federal Reserve’s balance sheet further by purchasing up to an additional $750 billion of agency mortgage- backed securities,” the Federal Open Market Committee said after a unanimous vote in Washington today. “Moreover, to help improve conditions in private credit markets, the committee decided to purchase up to $300 billion of longer-term Treasury securities over the next six months.”
Chairman Ben S. Bernanke is opening a new front in monetary policy after unemployment climbed to 8.1 percent and economists forecast the economy will shrink through the middle of the year. Fed officials also kept the benchmark interest rate at between zero and 0.25 percent and said it will consider expanding the Term Asset-Backed Securities Loan Facility to include “other financial assets,” the statement said.
“We are not even close to the bottom and therefore the Fed is engaging in a massive quantitative easing,” William Poole, former president of the St. Louis Fed, said in an interview today with Bloomberg News. “We still have a very serious recession in front of us,” said Poole, now a senior economic adviser to Merk Investments LLC in Palo Alto, California, and contributor to Bloomberg News.
Historic Rally
Treasuries surged, sending benchmark 10-year note yields down to 2.50 percent from 3.01 percent late yesterday, the biggest decline since 1962. The Standard & Poor’s 500 Stock Index jumped 2.9 percent to 800.66 at 2:54 p.m. in New York.
Bernanke is trying to prevent the credit contraction from deepening what already may be the worst recession in 60 years. The U.S. jobless rate jumped to the highest level in more than a quarter century last month. Industrial production fell 1.4 percent, the fourth consecutive decline, while factory capacity in use slumped to 70.9 percent, matching the lowest level on record.
“Information received since the Federal Open Market Committee met in January indicates that the economy continues to contract,” the FOMC said in the statement. “The committee anticipates that policy actions to stabilize financial markets and institutions, together with fiscal and monetary stimulus, will contribute to a gradual resumption of sustainable economic growth.”
Global Contraction
The global economy will contract this year for the first time since World War II, the World Bank predicts, forcing central banks to keep pumping money into their economies when conventional interest rates are at, or close to, zero. The Bank of England is buying government bonds and corporate debt, the Bank of Japan is snapping up government notes and making subordinated loans to banks, and the Swiss National Bank is intervening to weaken the franc.
The Fed has cut the benchmark rate from 5.25 percent, beginning in September 2007, as credit froze and the economy buckled. Policy makers are now focused on how to further channel money to the economy. The Fed has already committed to buying $600 billion of mortgage-backed securities and bonds sold by government-sponsored housing agencies.
Home-Loan Rates
The Fed’s actions pushed the average rate on a U.S. 30-year fixed rate mortgage to 5.03 percent on March 12, down from 5.15 percent the previous week. Still, rates are high relative to benchmark Treasury issues: Prior to today’s meeting, the difference between rates on 30-year fixed mortgages and 10-year Treasuries is 2.1 percentage points, Bloomberg data show. That’s up from an average of 1.75 percentage points in the decade before the subprime mortgage market collapsed.
Through emergency loans and liquidity backstops, U.S. central bankers have expanded Fed credit to the economy by an unprecedented $1 trillion over the past year. At the same time, forecasters at Macroeconomic Advisers LLC in St. Louis predict a 5.2 percent decline in first-quarter gross domestic product, following a 6.2 percent drop in the fourth quarter.
‘Choked Off’
“It is the worst credit crunch since the Great Depression,” Laurence Meyer, a former Fed governor and vice chairman of Macroeconomic Advisers, said before the decision. “The banking system is reeling, credit is being choked off, it is dramatic in size.”
Banks worldwide have posted $1.2 trillion in write downs and credit losses on mortgage loans and other assets. U.S. Treasury officials will put the largest 19 banks through “stress tests” and decide whether they need more capital. The banks can raise equity privately or seek more government funds. Officials are also looking at ways to remove bad assets.
Bernanke, 55, told CBS Corp.’s “60 Minutes” on March 15 that he sees “green shoots” in some financial markets, and that the pace of economic decline “will begin to moderate.”
The Standard and Poor’s 500 index is up 11.5 percent this month. Chief executive officers from Bank of America Corp., JPMorgan Chase & Co., and Citigroup Inc. said their banks made money in the first two months of the year.
Coca-Cola Co., health insurer WellPoint Inc. and more than 30 other companies are tapping longer-term credit markets and paying down their short-term IOUs, a sign of some investor confidence.
Retail Sales
Sales at U.S. retailers in February fell less than forecast and a gain in January exceeded the previous estimate, indicating the biggest part of the economy may be starting to stabilize.
Housing starts in the U.S. unexpectedly snapped the longest streak of declines in 18 years in February, adding to the series of data that suggest the pace of the economy’s decline may be easing.
Consumer prices rose 0.4 percent in February from a month earlier, the Commerce Department reported today. The annual core inflation rate increased to 1.8 percent, within the range most Fed officials say is their objective, easing concern about a deflationary spiral.
“There are always going to be some signs of revival; this is a resilient country,” said Julian Mann, who helps manage $4 billion in bonds at First Pacific Advisors LLC in Los Angeles. “But consumers are fearful, and when they are fearful they aren’t going to spend.”
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I heard he'll be gone for two years, you know, just to set an example.
you mean they are'nt going to ban him for life?
This league doesn't care about ethics at all
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the nerve of him.
wanting to get paid fairly
crazy talk
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best post I've seen by you.
still waiting for yours
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One last thing Magox...3 games dont make a career, especially in a 25 year old QB...otherwise Trents would be over as he had a 3 game stretch that had us 0-3 in our division that was light years worse than Cutlers...
Your right, it doesn't make a career.
and PushthePile,
your right to, Trent had some bad games where he looked at times to lack confidence.
In my view, I wouldn't want to trade for Cutler, considering what Trent has shown in his first full year with limited talent, his maturity that he has shown, and what we would have to give up to get him.
Now that Trent is entering his second full year, with more weapons, and more experience, I think next year will be a more accurate way to determine if He is our future qb.
agreed?
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Magox you like to point out crusades when all anyone does is discuss the truth and facts of what Trent did on the field. You seem to be the only one on a crusade here...and two of them...
1. You are on a crusade to prop Trent up to have done more than he has. In fact, you blatently ignore factual stats to the contrary.
2. You are on a seperate crusade to discredit a Pro Bowl QB to further prop up Edwards...
We will just have to agree to disagree because I dont even know how to respond to your outrageous claims for Trent and even worse ones from Cutler...especially when you continuously blatently ignore factual evidence to the contrary of your discussion...
No biggie...everyone is entitled to their opinnion...see you on another thread...
I'm sure we will continue this discussion, if not on this thread on another one, like always
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What does that even mean?
It's been discussed many times before,
here's a recap
Denver with 3 games remaining, had a huge lead against the Chargers to get into the playoffs, pretty much everyone thought they were going to get in, do you remember that?
So, in the last 3 games, Cutler had 3 very mediocre games, 2 tds 4 ints. Not one game of qb rating of over 75 in the three games.
So, the argument is that when they needed him to have his performance, he gave mediocre performances, and had two very important Int's, one against buffalo (kawika mitchel)4th quarter, the other in the 3rd quarter against chargers where on the ensuing play Tomlinson scores a 14 yard td run to change the tide of the game.
So, when Pushthepile said, that i handpicked 3 games,
thats when I made the comment.
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Relax my friend. Cutler has started 37 games in his three year career, I think he might be able have a few bigger ones in the future. Unlike Edwards who is going into a do or die situation this season and needs to do something he has never done before.What about that 4th quarter qb rating, nothing to say?
I never said that Cutler wasn't a bad qb. I said it on another thread a couple times that Up to now, Cutler is more accomplished. He made the probowl, has the bigger arm, classic gunslinger.
His 4th quarter qb rating is good. But the bottom line is, that up to now, when they needed him most, he didn't deliver. That is not an unfair statement. It is the truth.
Will Cutler have more important games in his career moving forward. I would think that he most likely will.
But up to now, in the 3 biggest games of his career, he hasn't produced.
So when this thread was created, the original poster stated his reasons why he wouldn't want Cutler, and I stated mine.
fair enough?
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You stated that Cutler is not a clutch player and based it on a handpicked three game stretch. Your OPINIONS of his play in the clutch are not only unfound but they are flat out wrong. His 4th quarter Qb rating is second highest in the league over the last two seasons and he has numerous comeback wins. Off the top of my head San Diego this past season and in Buffalo two seasons ago in the opener.
uhhh ya
no sh*t
they were the 3 most important games of his career
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1. Trent's INT ratio is WORSE than Cutlers.
2. What GOOD QB isn't pampered & the center of attention?
3. He has shown he has the arm strength to play in Buffalo & would put up more points than Trent.
4. Agree.
5. Belichick gave up Cassell & a Vet LB for a #2. I would GLADLY give Denver a #2 for Cuttler & ANY other player & Trent can be his back up.
Alpha
look what FLbillsfan wrote?
He said INT ratio not turnover ratio
I corrected him
got it?
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1. Any Cutler thread is a thread that involves Edwards because he would replace Edwards...any case you make against Cutler is basically a case for Trent...
2. I responded to YOUR post about Trent turning the ball over less than Cutler...
3. Trent WAS bad last year more than he was good...just facts...8 of his 13 games he had UNDER an 82 QB rating, 6 of which were under 80...
You didnt answer my question: Do you want to rethink you boasty statement that Trent has been "above average" when we needed him after seeing what he actually did on the field, especially our division?
For the record...bashing a guy is simply saying he is a bumb, loser, will never get better, dump him...etc...I have NEVER said that he is any of those things, all I have done is remind you and others of his ACTUAL play on the field was not very good in most games last year. His stats are his stats...simple as that, and thats not bashing, thats reviewing the facts. You so desperately try to fluff him up to have performed better than he did.
And it seems as if I am crusading or whatever you said because I am constantly responding to ridiculous statements like the one you just made claiming he has been "above average in the clutch" when he clearly has not, or other ridiculous statements claiming he is better than Cutler, people would take him over Brees, etc...I mean the sh*t gets real deep around here.
I am not going to be a "homer" and try and pretend the guy has been better than he has just because he is a Bill. I like him, and will support him this season (even if he is in Denver), but that doesnt change my view on his play in 2008...it was bad more than it was good.
You have some good posts on other topics, and I always enjoy a good debate, but man Magox, some of the stuff you do and say to prop Trent up to have performed better than he has is just astonishing...
No where in my original post did I make a comparison between the two. You brought your Trent Bashing into the discussion, as usual.
My original comments about Cutler were all factualy correct. Those are my opinions on why I don't want him here.
Let's face it Alpha,
You and I are never going to agree about this subject. I have my points, which are valid, and you have yours.
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what are you high??
TE a better clutch player than Cutler, while Cutler may not be great, it would be a stretch to call Edwards decent in the clutch. I know he had those come back games where he valiantly marched us down the field in the 4th quarter and we all felt good, and we all where cautiously thinking super bowl at 5-1....then thats when it hit the fan, teams got tape, realized when they where up they didnt have to play prevent, because we(TE) dont throw the ball down field.
Trent was so clutch we managed to drop basically the last 10 games of the season. How has TE not been poor when we needed him(please not playoff schedule, and how we where not on it)
Under zero circumstances do I think TE is a bad QB, but the jury is still out, there are some real ball control, arm strength, weather, and durability issues. He still has alot to prove, and I think can be very good.
Like Alpha I just dont understand the Golden Boy persona TE has been given, why the constant get out of jail free card on a regular basis.
In response to your first question, sometimes.
but not now.
In regards to clutch, I stand by that statement %100. When the game is on the line, specially in the 4th quarter, he has shown the ability to do what it takes, in order for us to win. Has he done it every single time? No, but just about every time. Considering this was his first full year and not having too much talent surrounding him both offensively and defensively, I think that is pretty damn impressive.
As far as your comment what he did the last 10 games. I think you forget that Losman was in some of those games, and that Trent did play well in a few of those games, so your slightly exagerating.
and why should he get a pass, well, no one get's a free pass right? He has done enough, to show that he can win games, play efficiently, with not to much talent around him to give him the benefit of the doubt to continue to be our starter this next year.
And for the 3rd time. This thread originally had nothing to do with Edwards vs. Cutler. The original poster didn't make those comparisons, I didn't make those comparisons until Alpha brought his crusade against Edwards into the thread.
That is a fact. Just take a look and you will see
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Finally these Bills are sacking up and making some moves. It's playoffs or Bust for Dick and he knows it. The players will perform better for him as they can all sense the need for W's for the old coach. A big TO injection was what the Doctor ordered for the ofense. Shef will be a Bill soon hopefully as well.
The FO and Jauron have been working the free agent wire hard this year, with a good draft in store. You have to give them credit for trying! Even if it does'nt pay off. Urgency to at least make the post season for sure.
I'm with you %100 on this one.
The T.O signing was huge. Cutting Dockery was bold. They have brought in lots of FA's, now of course all the negative nancy's will say "we havn't signed them yet". They are doing their due diligence, and I'm confident that we will get some more players.
I'm happy with their off season so far
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Alpha
just look back at the original post of Bills Vet
and My first post before you commented on it.
can you do that for me?
Where did I make this a Cutler vs. Edwards thread?
I just made my case why I wouldn't want Cutler.
But the truth is, that you are obsessed, you really are, in trying to prove your point to the world why Edwards isn't a good qb in your view.
Your the one who brought in your crusade against Edwards into the thread and how you had to compare the two. Just look back, and you will see.
Why is that btw?
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so, uhh, magox, 6 7 and 8 pretty much apply to trent edwards, also.
uhhhh
not true
anyway,
it's all ways the same culprits. same bashers that have to chime in every time against edwards.
The orignal post and my original post was not a cutler vs. edwards debate.
It was why Cutler?
you guyz gotta stop
really
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I was saying that Mayock doesn't even have him in the top 20. Look at Beanie's combine #'s. There was a thread on TSW with 10 yard split times. I can't remember the exact #'s, but I know that Beanie was far better than Moreno.
http://www.youtube.com/watch?v=lylP9aeFc7E
Look at the shiftiness and quick feet on that big man, not to mention the explosion when he hits the open for a guy his size. He doesn't really run that stiff at all stick.
He actually looks like a faster, more explosive version of this guy:
you may be right, this is just what I observed out of him. I really was never to high on Wells, like I said earlier, I thought he was to stiff.
I just like Moreno, not so much as your grind it out type of guy, but as a 10-15 carries a game 60+ receptions aseason sort of a guy. I think he's gonna be a good one.
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Why do you ignore Trents fumbles? He had 9 fumbles in 12.5 games! He lost 5...thats 15 turnovers in 12.5 games, and if you put that into a full season that is over 19 turnovers...
Cutler had 2 fumbles...so he had 20 total turnovers...
Cutler 616 pass attempts, 20 turnovers...thats 1 for every 30.8 attempts.
Edwards 245 pass attempts, 15 turnovers...thats 1 for every 16.33 attempts
EDWARDS TURNS THE BALL OVER NEARLY DOUBLE THE RATE OF CUTLER, and thats not including his other 4 fumbles that werent lost...
So Cutler, turns the ball over 46.98% LESS despite being way more aggressive in throwing the ball!
And get over your "critical junctures of the game" stuff because Trent did the SAME thing and was WORSE! Look at the critical divisional game (you know the thing we went 0-6 in) against Miami where Trent had a fumble, INT, and a 35 Qb rating in the fourth quarter of a game we should have won!
Not to mention his 4 game stretch where the first 3 were against divisional opponents where he had 3 TD's and 10 turnovers against: Mia, Jets, NE, Cle where is QB ratings were 67.2, 79.3, 49.2, 50.3...this four game stretch buried our season and it was worse than anything Cutler did last year.
And Magox, I have already shown you that Cutler is a SIGNIFICANTLY higher rated passer than Edwards and way more productive in close games where they are either tied or down 1-16 points and that Cutler is ALSO a high rated 4th quarter passer with 11 TD's to only 4 INT's in 16 games last year and a rating of 94.2.
Cutler also led 2 big comebacks for Denver last year...so this business of him being not very good when it counts is laughable...
gawd, this topic is old...there is not one person in football that would say Edwards is better than Cutler...not one...
Alpha bro, come on!! You have to stop this crusade against Edwards. No doubt, Edwards has been the better clutch player than Cutler. Those games you mention were not obvious games that we had to win. Where as you couldn't be more clear on Cutler's games. He stunk, bottom line.
Your reaching Alpha, your really reaching, just because you say "I like the guy", doesn't mean you do, it is obvious that you don't, so please don't say you do, everyone knows you don't
. You really don't have a good argument. The fumbles argument
. Let's face it, Culter has been very mediocre to poor when they needed him. Edwards has been above average in games in the clutch. It is what it is Alpha.
And also, on a sidenote Alpha, Did you read the original post by BillsVet? Where in his post did it make it into a Cutler vs. Edwards argument?
I have another question for you, Where in my original post did I make it a Edwards vs. Cutler argument? (the only reason why I mentioned Edwards was to correct flbillsfans incorrect post)
I know you love to chime in and show how much "you like the guy" in Edwards, but you missed the whole point. I've told you this before, you are obsessed in wanting to show the whole world why Edwards sucks in your view.
just let it go.
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The worst part about the Jay Cutler induced 3 game losing streak at the end of last season was when he allowed 30, 30, and 52 points to the opposition.
No one doubts that the defense of the Broncos suck, but if you read my post ramius, he had 3 of his less stellar games of the year when they needed him. Another words, he played well below his standards when the pressure was on. Capiche?
here is another one for all of you who think it is the Broncos that are handling this wrong
According to FoxSports.com's John Czarnecki, Jay Cutler's agent was "begging" the Broncos to trade Jay Cutler before the Matt Cassel talks even happened.
Denver said absolutely not at the time, then entertained the Cassel offers. The "Czar" is yet another writer to point the finger at agent Bus Cook for this entire mess. The Cutler side says it's not about money, but we suspect they want a new contract.
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1. Trent's INT ratio is WORSE than Cutlers.
2. What GOOD QB isn't pampered & the center of attention?
3. He has shown he has the arm strength to play in Buffalo & would put up more points than Trent.
4. Agree.
5. Belichick gave up Cassell & a Vet LB for a #2. I would GLADLY give Denver a #2 for Cuttler & ANY other player & Trent can be his back up.
where do you get your information from?
Cutler int % 2.9
Edwards int % 2.7
career int %
cutler %3.03
Edwards %2.79
http://sports.espn.go.com/nfl/statistics?s...2&year=2008
The year before they were the same.
But to continue BillsVets reasons, which I believe the most important reasons havn't even been mentioned is :
6) His clutch performances. It was clear, that all the Broncos had to do was win their last three games of the season, and they are in the playoffs. The last three games of the year, when they needed him most, he didn't have one game out of the three where he had a qb rating of over 75. 2 td's 4 int's.
7) Critical junctures of the game he throws disastrous interceptions, ex. Buffalo and Chargers
8) hasn't produced a winning season, in arguably the weakest division of all of football.
Considering the things that you mentioned BillsVet, there isn't anything that compels me to want to go after him at all.
Is there enough trees to print all this money?
in Off the Wall Archives
Posted
tuff crowd