PA Gov. Ed Rendell, on Postponement of Eagles-Vikings call US "Nation of Wussies"
EXCERPT
"We've become a nation of wusses. The Chinese are kicking our butt in everything. If this was in China do you think the Chinese would have called off the game?"
First time I've ever agreed with Rendell on anything (that it was a head scratcher that the game was postponed, and, that we're basically a nation of wussies)... But yes, it figures that he looks to the "Chicoms" as a shining example on the way things should be done...
EXCERPT2
"What do you think [Hall of Fame coach Vince] Lombardi would say?" Rendell asked Monday. "He would say that we've become a nation of wusses."
No... I think Lombardi would have said the following... (and SURELY, he would have been a lot more nattily dressed for the occasion than your [Rendell] fat slob ass)... Now go back to ruining your state while there's still stuff left to ruin...
other "Eagles" (Dog Killers) news...
Obama calls Eagles Owner to Congratulate him for Signing Vick
EXCERPT 1:
"NBC's Peter King reports that Barack Obama called Philadelphia Eagles owner Jeffrey Lurie earlier this week to congratulate him for giving Vick a second chance after his release from prison..."
I would like to show you what Obama's new "hero" Michael Vick used to do to dogs... I'm not going to post any fotos or videos on this site, but one should do a search on "dogfighting" if they want to become informed on this subject... 16 month after release from prison, and now that Vick has become a profile QB again in the NFL, it seems that Obama wants to "get summa dat" popularity sliding his way...
EXCERPT 2:
"For Obama to praise Vick now shows a number of things, namely that uttering the quarterback's name is thought to be a safe political move. He's playing the best football of his life for a playoff team and was the second-leading vote getter for the Pro Bowl. At the moment, he's the model of redemption, someone worthy of praise.
Because, if you think about it, Vick got that "second chance" from Lurie 16 months ago. There was no phone call from the president then. Praising Vick at that time would have been a political third rail. But now that Vick is playing great and most people seem to have either forgiven him or stopped caring about his transgressions, it's a shrewd political move. After what could be termed a rough two years in office, the president is looking for a second chance from the people who have turned against him over the past two years. Supporting a huge star like Vick could help with the president's recent image problems. It may not register much nationally, but it couldn't hurt in Pennsylvania. After all, it's a swing state and 2012 is just around the corner."
---
It seems to this writer that Vick and Obama are cut from the same cloth and have the same attitudes towards people...
Vick's an Eagle - Hide your Beagle!
(but don't worry - Barry thinks you're fly)
111 comments:
http://www.guardian.co.uk/music/2010/dec/28/elton-john
Elton John and David Furnish have Christmas baby
...they both took the Lamaze classes...or maybe not...
So let me pose this simple question to all the "high minded" liberals...
On one hand - you VOTED for Obama because he conned you into believing he was a unicorn who could crap rainbows and skittles... You profess your love for animals & puppies, and enjoy representing yourself with your little "doggy" icon so that people can see on FULL DISPLAY what a humanitarian you are...
OTOH
Your rainbow crapping hero (who has taken a few body blows recently), has publicly come out in SUPPORT of a guy that was convicted for running a dog fighting ring in which dogs were routimely murdered and tortured... He spent 18 months in Leavenworth Federal Prison...
Upon exiting, it was "iffy" that the NFL would even re-instate him... They caved... and did... Vick played ALL LAST SEASON (mostly on the bench), and received nary a mention from anybody... He was just that crazed dog killer on the bench for the Eagles... But this year he has been a human highlight reel in the NFL... And so now... the "rainbow crapping POTUS" sees fit to acknowledge his greatness...
So - you little liberal dog loving hypocrites... Which side of the fence do you come down on?
Please...
Chime in here and baffle us all with more of your bullshit... Then go back to your "stock market 2011" predictions...
Of course... My pronouncements are simply an exercise in rhetorical expression... I ALREADY KNOW the answers... I just seek to make them part of public record...
Liberals are, in fact, quite easy to understand...
When "their guy/gal" is NOT in power - thay are "activists"
When "their gay/gal" is IN power - they are greedy capitalists...
This joker on Bloomberg just said GDP could top 5% this quarter because of retail. I spit out my coffee laughing when he said that.
Maybe only 4.9%...
You know... they can blame the basis point on "the snowstorm"...
Last year the weather was perfect, so they blamed it on "not enough coat sales"...
Which, of course was due to the GLOBAL WARMING caused by GEORGE BUSH...
Ed Rendell = douche bag
some might even say wussy. you know, because what makes a man a coward in my eyes is far more than whether or not he'll play football in the cold. I might call a man a coward when he runs from and constantly denies his own mistakes. Mistakes that harm the very people he was entrusted to help. I might call a man a coward when he takes credit for anything that seems good and is nowhere to be found when hard choices need to be made......but that's just me.
What's lost in Rendell's "big words" is the fact that he and Michael Nutter were on the news Saturday begging people to take mass transit to the game Sunday night. The city is broke because they didn't budget for the storm we had earlier this year and they were worried they wouldn't be able to have everything cleared. If anyone knows where the stadium is you'd realize real quick mass transit wasn't ever going to be an option for most people going to the game. The game wasn't called for the players, it was called for the safety of the fans, though I suppose the people that died driving on the NJ Turnpike on Sunday were wussies for not driving even faster.
As for OblahOblah and Mike Vick, oddly enough yesterday glancing through Yahoo "news" I read that South Korea said if North Korea does anything else they will retaliate. I also read that Israel claimed there is no current way to broker peace in Gaza with the palestinians. The only news I saw on Obama was that he sought out Mike Vick to recognize our great new model of redemption.
Perhaps later this week he'll grace us with an appearance on Regis and Kelly.
I was thinking more along the lines of maury Povich... lol
Crude Oil 91.36 +0.36 +0.40
Natural Gas 4.136 -0.019 -0.46
Corn 615.25 +1.25 +0.20
Soybeans 1384.5 +24.5 +1.77
30yr Bond 121.34375 +0.09375 +0.08
10yr Note 119.937500 +0.343750 +0.29
NY Gold 1404.0 +21.1 +1.52
NY Silver 29.825 +0.570 +1.95
Emini S&P 1255.25 +2.00 +0.16
Emini Nasdaq 2233.00 +3.00 +0.13
Emini Dow 11517 +14 +0.12
http://www.ino.com/
Rendell, if it were possible, should be ashamed of himself..
if that Storm had tracked further West, and we received the 12-18-24" of Snow, and High Winds that could of been, He wouldn't have said "Anything" derogatory about that decision..
similar, with the Teleprompter-in-Chief, if Vick was, still, #2, behind Kolb, nothing would have been heard about any 'phone call to Laurie'...
tho, that snippet, itself, just goes to show the Power of "The Mighty Wurlitzer"
but, at the EOD, it's little wonder why the two of them are 'buds'..
AAIP
MSM hyping up Case Shiller...right up until it came out. Down across the board. So all of the guests that were on earlier need to come back on and explain themselves.
AUDJPY and EURJPY are both down. Morning positive vibes might not last that long.
PLEASE, ALL OF YOU, do not make me spit out my coffee!! I need every drop this morning, laughing.. Ben, pray tell, did you close out the short at 1259?
karen,
I raised it up to 1261 as I can take a little more on there since I had a good month but that's that, if it's broken we are going to 1,300 and probably then some so I'll go long if it plays out like that.
I'm off to AC, good luck today squad.
< day late to the FF conversation >
CV - Congrats on the FF trophy ... getting a good QB early was smart (lesson learned ... picking wide outs on teams w/good QBs would have helped too, Fitzgerald, ugh!)... class act taking Webb out not to run up the score you are :-) ... followed you on that one to try and win bronze in my other league
Ben22 - Silver from 7th draft in the SC league is impressive given the talent ... good job
and, desite the O-line, Cutler threw < 20 picks (unless GB grabs 7 this weekend) ... didn't help the 2SRookies though ...
anyone buy the TBT dip, LOL.. I have a plan above 1262.. BB will surely like it.
CV.. I saw your blistex post.. turning Mark on me! thanks.. I may get some today.. I used that many years ago and have forgotten about it. My neighbor may have coconut oil.. I forgot to ask last night..
Rare form today CV...
Can't believe "the O" would have made that kind of phone call.
so we gotta watch slv.. it broke up out of the wedge, clearly, but is it a bull trap? wild stuff if you ask me...
k -
re-posting from end of 12/27 thread...
vit. e, yak oil, etc. may alleviate symptoms, but what is the cause? stress(?) can have you unconsciously biting or licking your lips. maybe try some internal medication as well, "let-it-all-go" and get more sleep.
hmmm - sounds so good, may take my own advice.
I think using "rare form" to describe CV is a bit redundant, Andy..
bat.. thanks, but truly i think it is the weather.. today is crisp in every way... bitter cold, laughing, and vividly clear.. the sky is the color of blue ice.
Nic just tweeted this Andy Xie article: http://stock.ly/8w0qef
The global economy may be coming up for a breach of fresh air in 2011. Fiscal and monetary policies around the world have been highly stimulated for three years. The additional monetary and fiscal stimulus measures by the U.S. could generate an upside surprise to its 2011 growth rate. Most emerging economies continue to grow rapidly. By the middle of 2011, most analysts may declare that the world has finally put the financial crisis behind.
The reality is quite different. The global economy is kept afloat by massive monetary and fiscal stimulus around the world. The main problem in the global economy – high costs and declining competitiveness in the developed world, and inflation plus asset bubbles in the developing world continue unabated. Either inflation in the developing world or unsustainable sovereign debt in the developed world will spark the next crisis.
denninger notes the passing of an era
paul simon was right.
look at AGQ now!
oh, and AIG???
Silver back over $30. Blythe having conniption fits.
http://www.hedgeaccording.ly/2010/12/currency-intervention-du-jour-eurusd.html
can you believe that aussie dollar? will someone make it stop?!
Ruh roh? First failed ECB Monetization Sterilization: http://tinyurl.com/3yzly65
associated graph: http://tinyurl.com/37dbvsq
The loonie is at parity also. Canada will fix that soon enough.
A long, long read, Doug Kass: Here Are My 15 Surprises To Watch For In 2011
http://read.bi/gTLPXc
the comment section: Seven Social Sins By Mahatma Gandhi
· Politics without Principle
· Wealth Without Work
· Pleasure Without Conscience
· Knowledge without Character
· Commerce without Morality
· Science without Humanity
· Worship without Sacrifice
· Rights Without Responsibility
@2s2b
Thanks... I'll tell you (so will Andy, Ben, and the others)... FF is about 50% skill and about 50% pure luck... (maybe 40-60)... But I'll take it... I've come out on the "other" end of that quite a few times...
@Andy
And this was supposed to be a "quiet" week...
But As I posted yesterday... The airwaves always seem to be a bountiful "petry dish" for intellectual airheads who are ALSO eager beavers...
A year ago, when starting this blog, I was worried about not having ample material to publish...
Instead, it seems like fools are falling all over themselves to become headline fodder for SURVIVOR CAPITAL...
Now... let's get back to those "stock market forecasts" (from AMATEURS & professionals alike)...
I'm sure the world is waiting with bated breath to hear what they have to say...
Just Your Average Three-Handle Day
By Jamie Coleman || December 28, 2010 at 16:46 GMT
The rally to 1.3274 was somewhat surprising but given the market’s discomfort with being short below 1.3100, it wasn’t a total shock. What is a total shock is the slide from 1.3274 to 1.3093 is just a matter of hours.
Once source of jitters was the fact that the ECB was unable to drain the full EUR 73.5 bln in liquidity created by their bond buying program in their auction today.
Now we have an extra EUR 13-odd bln sloshing around the money markets until next week’s auction.
If they fail to drain the liquidity fully next week, we will have a major story on our hands. For this week, consider it a holiday-induced blip.
"Seven Social Sins By Mahatma Gandhi"
(Obama checklist)
· Politics without Principle - check
· Wealth Without Work - 2 checks
· Pleasure Without Conscience - ask Michael Vick
· Knowledge without Character - check
· Commerce without Morality - check
· Science without Humanity - Ask Thomas Dolby
· Worship without Sacrifice - ask Alfred E. Newman - "What me worship?"
· Rights Without Responsibility ask Peggy Joseph
How's about we add ONE thing to Ghandi's list?
- Basically being a f***ing imbecile
---
There, fixed it...
The problem with Obama is he doesn't have a dog in the fight....
A few thoughts about bonds at this time of the year.
Treasury auctions tend to be weak. 2008 was an unusual year as all the banks wanted Tier 1 capital before the EoY. Now that we have Mark to Magic that doesn't apply. As we approach the New Year, sell side is in full flow trying to puff up equities and high yield, as well as munis, so they can offload them to JOHN E and suck in the 401k money in January.
So there is little demand for Ts here, unless there is an immediate Euro/muni panic in which case everyone will be rushing in there as a safe haven.
Looking ahead to next year, we have ADP and NFP in the first week. Any strength at all and Tsys will be slaughtered again. Following that we have auction in 3s, 10s and 30s, with the 10y auction being Jan 12 and the 30y on the 13th, the day of the PPI. My guess is that will be the high water mark for TNX and TYX for a while, as the CPI that appears on the Friday will of course remain soft.
Looking at all of the above, our fixed income plan is to stay in HYG through EoY, sell some if there is a huge move into junk in the New Year, and stay in TIP until Jan 12-13, at which time we think moving into AGG and TLT will start to make sense. As we said before, 10s anywhere near 3.75% and 30s at 4.75% look very very good as we look at a US GDP of maybe 2.0% on the year, oh yeah, sorry 5%.... LOL
this blogger has some great posts:
http://economicgreenfield.blogspot.com/
i found him in the the comments section of Ritzy's Retail Post that made my head spin.. off..
http://www.ritholtz.com/blog/2010/12/retail-sales-increase-most-in-5-years/#comments
P.S.
Please, nobody ask AFIA about:
1) THE WIDOWMAKER, or
2) NYC transit system, or
3) Our dividend stocks
Is Jennifer's Dad bidding up Cu again?
Markets are uniformly trusted as Central Banks are assuring prices through asset buying. There has never been a time in market history that this has happened. It makes the Greenspan Put look like an AIG CDO circa 2006.
Equities are as lopsided as they have ever been and sentiment is at a bullish record. In just one earnings reporting season, the prevailing perception amongst market participants has shifted from “run for your life” to “everyone in the pool”. I think we had better get used to these types of swings as they could be with us for a long time considering sentiment will shift as a direct result of market action.
http://ibankcoin.com/scott_bleier/
"Is Jennifer's Dad bidding up Cu again?"
Nope... it's CV's nickels...
........................bitchez!
BTW did anyone expect to see USDJPY down here again? Exit rally coming up in January for yen holders..? A risk-off move next month would be bullish for the yen but after that it is surely goodnight for JPY..?
Some of the yen strength is a "China slowdown" risk aversion trade. As noted above AUD backed off very quickly today....
CNBC talking tools still pumping China, commodity stocks, and everyone is trashing bonds. Just like old times....
"I think we had better get used to these types of swings as they could be with us for a long time considering sentiment will shift as a direct result of market action."
Nah... Put it this way... Gasoline just hit $3.30 a gallon (regular) around these parts...
Someone is going to be hearing something about this very shortly I'd imagine...
Unless Ritholtz and Krugman want to pony up and agree to "fill up" the gas tanks of Americans every week...
The consumer sentiment number is already showing the effects of what has become $3.50 gasoline in some areas.
No worries, though, it is all supply and demand for oil, at least, that is according to Krugman, just like the copper market, which isn't "pumped", "jobbed" or "cornered" in any way by specs who may or may not be members of TBTF club.
AUD (via FXA) is still very strong and near HOD.. so i am not seeing the back off you speak of, so to speak.
Yes, completely correct, was watching EURJPY, thinking AUDJPY and got mixed up...
this one is for ben! 'Five investments for an inflationary New Year
Inflation is weighing on the minds of many Americans experiencing a rise in prices from the grocery store to the gas pump. Here's where to park your money if you predict high inflation ahead."
http://money.cnn.com/galleries/2010/pf/investing/1012/gallery.five_investments_inflationary_2011.fortune/index.html
just caught this one! darn i wish ben was around: (by a guest author)
http://www.ritholtz.com/blog/2010/12/the-ambiguity-of-stock-value/
Bespoke
Short interest declines to lowest levels since December 2007. http://bit.ly/gEG7Q5
an argument to roll your eyes over:
http://www.thereformedbroker.com/2010/12/28/the-shanghai-divergence-a-low-probability-bet-on-the-repatriation-trade/
Cvienne - As you know, last year during FF, I picked up and held Michael Vick. Part of my reasoning was, because he is tallented, plus he had 3 years to grow up and now that he (should be) is more mature, it should translate into a much better quarterback.
I could have and still do not much care what he did in his private life. I am NOT condoning what he did to poor defensless animals, but at that time in his life. I don't think he thought of it as such a big deal, he has learned and moved on paid for his mistakes and has become a better person for it.
But alas I was a year too early in picking him up, but that was ok, cuz I had Levernous Coles on my team.
Mutt
Ha ha ha bonk.... (deflationist laughing his head off)
We looked at the 1-month T bill this morning and it is at 1 bp. That indicates a sizeable amount of smart money is PARKED for the short term. (Remember Cramericans, JOHN E and other HOME GAMERS don't buy T-bills). Meanwhile the 3-month bills have sold off a bit, so that indicates we might have a SHORT SHARP SHOCK ahead of us in the New Year.
This one seems so incredibly obvious. Pump the inflation trades, pump commodities, pump stocks, pump old tires, pump anything you can find to pump. Suck in EoY money, suck in 401k money and then BOOM... "Il Correzione"
This is really all about Treasury yields and gas prices here. Once both of them are too high, this market is going to have to take a bath.
fantastic comment, imo.
constantnormal Says:
December 28th, 2010 at 12:30 pm
It bothers me when people use headlines including phrases like “the most in 5 years” when the 5-year period in question just happens to include the most severe economic disruption in the past 80 years … it all smacks of a trip on the HappyTalk Express.
Looking at the FRED PCE chart going back to 1960, it looks like we have recovered to the same rate of consumer spending increases as we had in the 1991-1998 interval, but without any significant improvement in the underlying ability of the domestic economy to support that level of spending, what with employment still in the tank, jobs still going overseas, foreclosures still consuming the housing industry, and wage increases? Not so much, outside of the financial industry.
I wonder how long this rate of increase can be sustained. From the perspective of the middle classes, it would seem highly likely that it spending is to continue, it will have to be debt-financed. Good thing that Ben is keeping rates low, eh? Of course, it won’t be so good if consumers load up on debt and THEN rates rise, will it? Kinda like the same plight Uncle Sam is in.
Maybe the financial industry can carry the economy. Nice time to be a supplier of caviar and Dom Perignon.
http://pragcap.com/sp-corporate-profit-margins-to-be-squeezed-in-2011
@Mutt
Vick ran a "for profit" operation in which dogs were tortured, electrocuted, drowned, and murdered...
I don't suppose if it were somebody's "teenage daughter" in question here...
...Where the daughter was a bought slave, drugged, forced into prostitution, routinely raped, beaten, & humiliated...
That would be a problem for you either?
18 months in Leavenworth... Now that person who did all those things to somebody's daughter has now paid his debt to society, and is a "better person for it" (on account that he's back to making headlines as a hero and gets paid millions in an NFL contract)???
I suppose there are double standards here...
But thank you for your revelations on "tolerance"... All that liberal bias coming from the folks you hang out with at other blogs must have have had a real impression...
Instead... I know where I stand on the matter...
Charles Hugh Smith (Of Two Minds) called this the Last Great Christmas in America, and I think that was spot on.
TPTB needed to have a real commercial orgy this time to generate some "feel-good" vibes before the Austerity Wave hits everyone upside the head in the New Year.
As for The Street, they play this game every year. Stocks are rising, bonds are falling. Come on, JOHN E, bring us your money.
Watch for the tone of the news flow to change quite quickly in January. Maybe as early as January 4th. Crude and $gaso have risen as much as this economy can handle, and TPTB know it.
Bucky made an impulsive move off the bottom today at about 7am. The next dollar rally will be impressive as leaden-footed dollar shorts will be squeezed unmercifully. The trigger? ADP and/or NFP may be "the reason" or it may be new Euro debt issues or China tightening, but Bucky may not wait for that to happen.
TBT P&F bullish objective is 53.. i've been watching and noting the uptrend for weeks.. it has to get back over 40.56 first, of course.
also watch FCX.. if that wedge breaks to the upside over $100.. $1400 gold will turn into $1600 gold in a blink.
Credit spreads are tighter, the 5y TIPS spread is wider.
Reflation trades are on in fixed income.
We will see this continue, maybe for a few more weeks.
has the Fed painted itself into a corner.. ? the distortions are so great i feel i am staring into a funhouse mirror..
you wanna see another wedge? my word, look at IBM..
TBT will not reach 53. TYX will be capped below 5%, unless you really believe the growth story...
We would be happy to provide additional relief.
In fact, we have excess liquidity and you can drain it any time.
Part of the problem (which is different from the "central issue" of murdering dogs) is this...
THE PUBLIC has "seemed" to see fit to put the episode behind...
But THE PUBLIC... In this case, are an aggregation of 11 year old minds... It's the "highlight reel of the minute" club... They can't do without the latest Justin Beiber video, the Lady Gaga gossip... and - for their "sports fix", get the latest play on YOU TUBE by "whoever" is making highlights...
Sportswriters are WHORES like the rest of broadcast journalism so they're going to sensationalize whatever is HOT at the moment, so they can have something to talk about and keep their jobs...
They're not going to talk about Aaron Rogers, Phil Rivers, or Matt Cassel (who quietly put together "career" years and kept their noses out of trouble)...
Instead?
They're going to feature Vick, McNabb, and Brett Favre...
Favre, because he's an old white guy who "sexts" messages to bimbos (and should retire)...
McNabb - who, despite being a choking dog, having NEVER won a ring, and being a suck ass lazy QB... Was "disrespected" in Washington by those racists "the Shanahans"...
Vick - who at least put together some nice STAT games, and some nice highlights, but they like the "story", and, since the motto in the news business is...
"If it bleeds... It leads"...
Well - GUESS WHO makes it onto the front page? (because there's no doubt MV is FULL of blood)...
---
So great... Now you have Obama who wants a piece of all this... He's a fucking whore... And he's an imbecile for hitching his train onto a false hero who is simply "15 minutes of fame" idol worship by the LADY GAGA crowd...
That's how far we've fallen as a culture...
But I'm sure the Thorey, denise-y, and Mannwichey will all have reasonable explanations for this...
So you shouldn't listen to me...
my error.. she gave me organic coconut oil/butter in shea butter container..
Ah.
Australian officials say situation dire in several communities coping with damaging floodwaters - ABC http://bit.ly/gWXbUN
The NASDAQ 100's Critical Resistance level ...
This chart shows the NASDAQ 100 going back to the middle of 2006, and it show the ONE thing you should focus on here.
What's the one thing to focus on now?
It is the 2239.23 resistance level. It is a critically important resistance coming from the October 31, 2007 high seen at label 2.
http://www.stocktiming.com/Tuesday-DailyMarketUpdate.htm
(This is all PERFECT short interest at dec 2007 levels, too, as I posted at 12:47.)
"Critical Resistance"
Is that, like, on par with "the most important NFP number of all time"
or
[name bill passage here] from Obama...
This is frightening. Those of us who live in the real world already know that the catfood meme is not a joke:
http://www.zerohedge.com/article/guest-post-retirement-account-fantasy-and-middle-class-erosion-–-1-out-3-americans-has-zero-
This is actually far far worse than I thought. The MEAN of $45-50k retirement savings is often quoted. That is CAT FOOD CITY. But ZERO for 1/3rd of Americans means that if SS fails to deliver....
Ugliness. Watch for the barbed wire around the bankster mansions in the Hamptons and on the window ledges on 5th Avenue. They are going to need it at this rate.
TBT trying to make a new high on the day.. oops, it did.. 39.11
need to take a short break..
is this market UFB, or what?! laughing..
where's rumsfeld? i want him to know REAL shock and awe. with nary a flicker nor flurry of volume, we are holding up!
Cvienne - The town I grew up in, you learned pretty quickly how to defend yourself against wild dogs, on several occasions I had to fend of a pack of dogs and it was not unusual to have people mauled by dogs. In fact there was a time the police even came to the school and shot a dog on the play ground. (Of course they could never get away with that in today’s world)
One of my neighbors had a dog they kept in a cage, it was a puppy when they put it in there, they would feed it and water it, but never took it out of the cage, pretty soon the dogs was too big for the cage and was in constant agony. It would whine and yelp and cry at all hours, but it never left the cage, well the tail and legs would and the dog even (tried) to walk around with the cage on it. It was suffering needlessly, calls to animal control did not good and trying to talk to the neighbor would have done no good. -Karen and Jenniffer you can stop reading here – So I killed it, not because of anything it had done, but because the owner was making it suffer needlessly.
So what does the owner do, goes out and gets a Dalmatian puppy and ties it to a tree in the back yard, for years the dog lived in a 6 foot circle around that tree. It was always cold/hot, hungry, thirsty and lonely, so it would bark and whine at all hours of the day and night, again calls to animal control were futile. –Karen and Jenniffer stop reading here – So I got my sling shoot and every time the dog would start yelping I would shot it, pretty soon the dog would stop yelping whenever it saw me.
Was I a bad guy for doing that?
Cock fighting and dog fighting are normal events in some communities, in no way do I say they are right, but were do we draw the line? Bull riding, calf roping, what about MMA?
What I am getting at is it is a matter of perspective, I do not know, nor care about Michael Vick, other then he is a good quarterback. (And I picked him a year too early) But in his mind what he was doing at the time was ok. He has since been educated. If he goes back to doing those things THEN he is truly a bad and evil man.
As far as saying doing what he was doing to the dogs was the same as doing it to some ones daughter, you are talking apples and oranges. People DO, do those things to other peoples, daughters and sadly get away with it far too much.
In no way am I even trying to say dog fighting should be legal as it shouldn’t be, but if the man learned his lesson it seems the best thing to do is move on, would you seriously NOT play him on your FF team for something he already paid the price for?
Mangy Mutt
Low volume days. "Widowmaker" trades. Bad mix....
wild weather the globe over: National Weather Service extends flash flood watch for islands of Kauai, Niihau and Oahu - http://bit.ly/fLW9KY
Karen - Google earth has a weather over lay on it.
It looks like you guys are getting slammed pretty hard right now and that weather system strechs clear out to Hawaii.
I hope you bought some guloshis and umrella.
Mutt
no rain here now.. but rain due tonight. i am hoping it passes thru quickly.
Hope nobody is considering college in Illinois next year:
http://www3.whig.com/whig/blogs/politicalblog/2010/12/illinois-budget-woes-spread-to-other-institutions
"Illinois has a budget deficit estimated at $13 billion or more. The shortfall has been hitting regional agencies for years, but is especially bad at this moment.
Western Illinois University in Macomb is owed more than $37 million by the state. University President Al Goldfarb told the Chicago Tribune that the state allocated $53 million for WIU during the budget year that began July 1. At this point, none of that money has been delivered.
WIU officials estimate they can weather the cash flow problem until March or April, depending on the timing and amount of tuition money received by the university."
Hi everyone! Hubby's working from home this week, so we're fighting over the computer. Since his job pays steadily, he wins every time. Dad's not bidding up anything today -- he's making the second leg of the Chicagoland to NJ trip listing to CNBC on sirius all day. One snowy wonderland for another -- great trade. I got MEW for Christmas. I also got "Applying EWT Profitably" along with knowing, snarky glances. Dad got a subscription to stockcharts.com in his stocking. We're quite a family. I gave my husband cocktail napkins (as a gag) that say "alcohol, in-laws, and politics Oh My!" It seems that I've missed absolutely nothing in my absence...except my puts are suffering from some theta burn. I'll be back tomorrow, hopefully.
"rain due tonight. i am hoping it passes thru quickly."
We hope so too. The thought of you being pounded again and having to pump all night was um... hard... for us to contemplate.
oh, no! it is not even the last hour yet and we are running up.. will wonders never cease??
funny Jennifer!
NO idea what is running up but it is probably pets.com and TBT, the divvys are certainly not doing a lot today.
aig and gm ran up but are now undecided.. you are right, however nothing stellar in the up department.
Apart from effing silver, of course....
5y5y TIPS spread at 2.05%, that shows that inflation expectations up a fair bit since BB first mooted QE2.
when china raised.. it confirmed that inflation was expected.. i actually wasn't surprised at the move in gold and silver... and crude..
SPX was trying to convince Ben to go long but couldn't get to 1260. As soon as I type this it will tag 1260 then retreat.
Ah... let's talk about this.
Chinese inflation, first of all, is out of control and MUCH HIGHER than the numbers we are given. Food inflation is really getting out of hand and even sticky costs like labour are rising there now, along with the usual stuff like real estate. China is in big trouble.
US inflation is a different story entirely. A 2% 5y expectation is mild to say the least.
The gold and silver move today was a short squeeze triggered by a downward move in the dollar overnight, and in the end it was mainly a yen short squeeze against the dollar, as the Euro move unwound fast.
http://www.zerohedge.com/article/does-sps-top-ticking-incompetence-mean-it-time-short-credit
@Mangy
"As far as saying doing what he was doing to the dogs was the same as doing it to some ones daughter, you are talking apples and oranges..."
That's as far as you're concerned... to me, it's not...
would you seriously NOT play him on your FF team for something
I think FF is "parsecs" away from the issue... And for the record, I didn't draft him, nor picked him up from waivers on any of my FF teams... Nor would I...
I'm not interested in honoring that sort of hero...
Though it makes PERFECT sense to me that people like Obama are falling all over themselves to do so...
I'm just sitting here waiting for Obama to PARDON Charles Manson (that great citizen that has surely "paid his debt to society") as his last act of humanity before he leaves office in 2013...
Great minds think alike...
Actually this is thought provoking but it's not time to bail just yet. Credit will have a couple more rallies before it all goes pear-shaped again.
Too many people are playing this as a "normal" recovery. But we are in ZIRP. Rates are capped, growth is slow, and we are in an active QE cycle, so that limits the up and down side for credit.
We know that K is just waiting to see HYG below 88.50...
SHIBOR (Chinese inter-bank lending rate) has been soaring into the EoY. Is this a wobble or is China facing a credit crunch? If so, there may be a crash of monumental proportions in housing and banking ahead for them.
http://globaleconomicanalysis.blogspot.com/2010/12/china-ecb-govt-bond-auctions-fail.html
Weak debt auctions all over the place suddenly....
no, just a tick at 88.50 works.. LOL.. 3 days to go : )
http://247wallst.com/2010/12/28/now-allstate-wants-countrywide-mbs-retribution-all-bac/
10s30s = 105 bps - this one is pushing the limit already.
2s10s = 273 bps - this one has a bit more to give.
If 2s stays at 0.75, then 10s can go to 3.70 and 30s to 4.75.
To our eyes, those look like the limits.
Buy long bonds heavily when 2s10s reaches 290-300 bps.
astronomy picture of the day..
http://apod.nasa.gov/apod/ap101227.html
BloombergNow - Franklin Mint Owner Says It Was `Duped' Into Buying Company http://bit.ly/fjvWvf
gotta run off.. later !!
That was what we call a DS session at our shop. The young man responsible for putting on the widowmaker during a slow week will be duly castigated.
Meanwhile it was another day without panties for a friend of our firm who likes to comment on fixed income. Only three days for her to cover up...
30yr Bond 119.43750 -1.81250 -1.49
10yr Note 119.03125 -0.90625 -0.76
NY Gold 1406.8 +23.9 +1.73
NY Silver 30.275 +1.020 +3.48
Bond sellage~!
AAIP
Gotta go too...
CV sticking with the VIKINGS and the points (0 units)...
College bowl picks from last Saturdays thread...
Ciao...
Bond sellage~!
Indeed. Whackage with Ye stickage...
not yet time to Re-Enter Ye Bondage Trayde.
30yr bond closed below its 50% retrace of the 6/09-8/10 move last week. Will it continue to its monthly 3LB reversal of 115.812? Inquiring minds (aka BB) want to know.
Seasonals are definitely at work here in the long bond. Long bonds are not the first thing that people think about putting on their books at the start of the year, plus we have auctions at the long end in two weeks, so it will be a while before the fixed income guys look around and decide to pick up the RISK-OFF assets.
Jan 13... unlucky for some...?
Cash, baby... a well argued case for sitting on a pile of Bucky:
http://charleshughsmith.blogspot.com/2010/12/one-investment-strategy-for-q1-2011.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+google%2FRzFQ+%28oftwominds%29
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