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TPS

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Everything posted by TPS

  1. within the next month...just sayin...
  2. I won't be surprised if mv is done, again...
  3. I'm sure some of this can be attributed to "draft games." If marrone/hackett really want him, and they know all there is to know about him, best to sow the seeds of confusion... Personally, Nassib seems to be more a 2nd round talent, and I'd hate to see us "waste" our 1st on him.
  4. An argument from one of your own why hyperinflation most likely won't happen. http://www.cnbc.com/id/42978843/The_Errors_of_Inflation_Hawks_Part_III
  5. I know, I know...guns don't shoot dicks, dicks do. Or something like that....
  6. Or maybe it's population control? http://mobile.rawstory.com/therawstory/#!/entry/trinidad-and-tobago-security-guard-accidentally-shoots-off-his-penis,50fec520d7fc7b5670fddd40
  7. Good CNN/SI article on the front page with some insight on Marrone and STs. Apparently Marrone coordinated ST last year at Syracuse. He stated that he is going to be involved in all phases of the game, acting more like CEO. He obviously wants people he is comfortable with. It's a lot easier to tell someone you want changes if you know them and are comfortable with them.
  8. I'm not privvy to any numbers, so I'm only going on what was said by Whalen and Ritholtz, who I don't think have an agenda. They argue that the derivatives trade is what is propping up the big 4. If you have numbers to counter that, I'm all ears. I'm also surprised that you would not believe that the fact that BofA is backstopped by the FDIC, including their d-trade, does not lead to a moral hazzard problem...?
  9. As Tasker pointed out, this is an issue going forward. There is now an explicit backing of the derivatives trade for these TBTF firms. What do you think that will do for their risk-taking behaviour?
  10. I thought it was a pretty good discussion. I think they also point out that question I asked about, the counterparty risk. It's pretty clear that the big 4 have carte blanche to gamble (as defined by Whalen I believe) without worrying about a default by one of them, as they are now effectively guaranteed by the FDIC as Tasker said. I believe the saying is, "privatized profits and socialized losses."
  11. I looked at the piece as his "welcome to Buffalo" article. Also, you must be familiar with Sullivan's golf game, since you use the term Mulligan. I'm surprised you only used it once though....
  12. You are correct sir. You can try to pin the past on Brandon, but he takes all formal responsibility starting this year.
  13. Your first derivative is negative. PPPlllfffftttt!!!
  14. There was a discussion on the trillions dollar derivative markets in another post; here is a great discussion on the markets and Wall Street's big 4. Deserves its own thread. http://dailybail.com/home/chris-whalen-barry-ritholtz-the-derivatives-timebomb.html
  15. More like a black hole...http://www.sfgate.com/news/article/Military-waste-under-fire-1-trillion-missing-2616120.php
  16. Today's BLS PPI report shows that government continues to lie about the impact of QE; the PPI is down 0.2% for December...
  17. Again, the problem with this logic is that the Bush tax cuts were also "temporary." Enacted starting in 2001 and set to expire in 2010. They were extended along with a temporary payroll tax cut in 2010. Obama CHOSE to extend the Bush income tax cuts for everyone but the those making over $400K, and he also CHOSE to end the payroll tax cut. If he wanted, he could've pushed to maintain the lower payroll tax rate. Of course, that would've given the Reps more ammunition for cutting benefits.... Btw, I believe the income tax extensions for income under $400K are for 5 years, then they "expire again.".
  18. Audits of DOD routinely can't trace hundreds of billions of dollars. Defense contracts are simply corporate welfare. Somehow this seems to be tolerable for the right.
  19. Does Marv know Dick?
  20. And you should get your g-e-d dopey.I was addressing Azalin's question, so blow.
  21. Man, that's one loaded question... To sort of answer, the medical corridor is one of the truly dynamic (for buffalo) growth areas, and it was a combination of state and local resources that helped create a foundation that has attracted 50 private companies to that area. Another important state initiative is the historic tax credit which has helped developers restore some of Buffalo's fantastic architecture. If you haven't seen it, the next time you are back in town, stay at the Lafayette Hotel--you will be floored if you saw how decrepit it used to be. The water front is moving forward rapidly, which is a tribute to the community's input and stopping the idiotic Bass pro development. The city awarded Pegula and the Sabres the development of the Webster block (next to the arena) and they are building a complex that will include a hotel and several ice rinks. The old state Donavan Building next door is being refurbished into a hotel and retail space. In two years, downtown will be radically different in a very good way. As a native Californian, I'm actually very happy fate brought me to WNY. http://www.bnmc.org/innovation/private-companies-on-the-bnmc/ http://thehotellafayette.com/ http://www.buffalorising.com/2012/05/donovan-makeover-plans-get-city-ok.html http://www.buffalorising.com/2012/06/just-three-proposals-for-prime-canal-side-site.html http://www.buffalorising.com/2012/10/construction-watch-inner-harbor.html
  22. No, I think that's a character in Harry Potter!
  23. Check the video interview on the bills' website. When jr was coaching HS, he went 0-5 against the old man.
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