TPS

I'm looking forward to the preseason games to get a better idea of the strength/weakness of the position. Barnidge would provide good depth this year, but I'd hate to lose one of O'Leary or Thomas, as they offer more long term talent at the position. Chance are Thomas would be relegated to the PS, and I'm sure someone would swipe him.

Or Tyrion will have the dothraki save them both, as he owes a life to both.

I'm pretty sure the person has to be dead to use their face, but it would be awesome. I think someone mentioned (in last week's episode) Little finger's reaction when someone said the previous maester saved all old scrolls from ravens. Something incriminating sent to the Bolton's will be found ...?

Don't do it....!@#$ing idiot! Jaime and Jon have a lot in common. That was entertainment.

What we've learned in Bills training camp so far. BB.com

it would certainly help with a position where depth is a big concern.

Just over $100 billion was allocated to infrastructure. Much of the "education and welfare" allocation was done to cushion the impact on state budgets since they are required to balance annually; otherwise they would've been forced into further contractionary policies, causing a deeper downturn. That's the main point of stimulus in recessions, to prevent it from becoming a depression.

as I said, there's no economic reason it has to unwind. No worries.Banks have over $2 trillion in excess reserves; liquidity is not a problem.

if you are referring to the Fed, they can't participate in auctions because that would be directly financing the treasury, which they're not allowed to do; they have to buy in the secondary markets. As I've said before, It's the 21 primary dealers who are required to make the market in new issues when needed.

Directed at me, since I called them hapless. I'm referring to their inability to get anything of note passed. The republicans have majorities in both houses, but this administration can't seem to take advantage of it. His honeymoon is over...

The Fed's BS has been pretty stable for a few years now--they also haven't been very active in mbs for the past 3 years. Auctions are full because there is always demand for the largest, safest and most liquid asset in the world. Who is "a big captive buyer?"

outlier. Worst crisis since the 1930s allows a prez to pass his spending bills. Trump will actually be lucky if there's a downturn within the next year.

for treasury bonds, its account at the Fed decreases by an amount equal the bond maturing. The treasury most likely will rollover the debt at the next auction, and their auctions are always filled. The mbs are being paid down over time already.

I can't see a problem of unwinding their treasury holdings, simply hold until they mature. The MBS will be a little trickier, but, having said that, there really is no economic reason for the Fed to unwind its asset holdings.

they don't determine monetary policy. Other than executive orders, they are struggling with anything that requires approval. Nothing yet to show on things they can effect that matter--tax, infrastructure, and health policy. Lots of golf though...

greenspan will be wrong again, the bond bubble will not burst in a rapid move, though the stock bubble will. Despite all of that money printing, inflation remains tame. Mainstream economists at the Fed are flummoxed that the "Phillips curve" doesn't seem to be working--they don't understand why inflation isn't rising as the unemployment rate moves toward 4%. The hapless administration has done nothing substantive to help the economy, so it will muddle along until investors realize income growth won't support current stock prices. When the bubble bursts, there will most likely be a brief recession which will then give the administration the excuse needed to pass some of their bolder economic plans. They will be lucky if this happens within a year, before the 2018 elections...

Ragland cut. RT dumpster fire. Looking forward to your next one...

yes, i think that was one of the many rumors that was leaked over the long GoT break.

I was happy the episode spent a lot of time on Jon's "visit." I immediately pictured Mance telling Stannis "I will not bend a knee" when Jon refused to do so for Dany. The free folk left an impression.

i expect it will be Jon or brann, and I'm sure he will give his life doing so.

With Theon jumping ship, it makes me wonder what his purpose will be? Given what he's been through, i would think he gains redemption somehow...?

hopefully we'll find out this week. Given that she couldn't kill the actress, I have to believe she has empathy for those not on her list...

Actually, I thought the scene with the Lannister soldiers was a humanizing moment for Arya. It started with her sizing up the situation if she had to fight, and ended with her realizing these were just regular people, drawn into someone else's war, who would rather be home helping a father or seeing the birth of a child. The Freys, on the other hand, got their just desserts...

havent heard a thing about Washington this offseason. Don't know if that's good or bad?

https://www.buffalorising.com/2017/07/celebrate-the-fourth-on-tappos-newly-expanded-rooftop-patio/ Even though you've been, it's now bigger and better.