Monday Open Discussion

Posted on June 14, 2010 by grim

In Vegas betting on the World Cup.

Open discussion!

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82 Responses to Monday Open Discussion

  1. homeboken says:
    June 14, 2010 at 1:41 pm

    FRIST.

  2. grim says:
    June 14, 2010 at 1:43 pm

    Way more Europeans here than I’d have expected.

  3. Shore Guy says:
    June 14, 2010 at 1:44 pm

    If BHO had not wasted $1T to try and keep the housing market overinflated and to keep alive banks that deserved to die, he could have done this over a year ago:

    http://news.bbc.co.uk/2/mobile/world/us_and_canada/10313921.stm

  4. Shore Guy says:
    June 14, 2010 at 1:46 pm

    “Way more Europeans here than I’d have expected”

    I found the same thing the last time I was in Paris.

  5. homeboken says:
    June 14, 2010 at 1:48 pm

    Italy money-line +110

  6. Shore Guy says:
    June 14, 2010 at 1:49 pm

    Edris,

    I responded to you on the last thread before I saw that there was a new one.

    I had an interesting conversation with a Big 12 school president this morning. This whole situation presents a whole lot of pitfalls and opportunities for many different institutions. It will be fascinating to see what happens.
    I would not be surprised to see Texas remain just long enough to collect exit fees from CU and UNL and then bolt. Or only stay after extorting even more money from the conference.
    This whole thing reminds me of one spouse who keeps telling the other, “If you don’t do X, I am leaving.” The more one allows ones’ self to be rolled, the more one gets rolled

  7. Shore Guy says:
    June 14, 2010 at 1:51 pm

    Maybe the rump Big 12 can persuade the Big East Football schools, and Georgetown and ND for BB to join the Big 12.

    SU vs. KU in BB twice a year would be sweet.

  8. Ben says:
    June 14, 2010 at 1:54 pm

    “n fact, I notice people around here in NJ speaking as if schools in Florida and Texas are basically cesspools for illiterates, but this ranking is absolutely chock full of FL and TX high schools. Imagine a parent of a Ridge High student, who paid a $300,000 premium for their house, reading that the intelligent child of a commoner in Florida or Texas might be going to a school more than 100 ranks higher than their Blue Ribbon school.

    A quality education isn’t about the cost, beyond a relatively low base level.”

    Most of the schools you refer to are magnet schools that cherry pick the top students in a particular county. The actual school’s rankings get a big boost in performance based on that fact alone. Comparing a school in Texas that has the luxury of picking their students to a regular school like Basking Ridge is not a proper comparison. Also, in the grand scheme of things, a difference of 100 in ranking is not much of a difference at all at the national level. In the end, you are probably bickering over a percentage point in terms of performance.

  9. Shore Guy says:
    June 14, 2010 at 2:06 pm

    Grim,

    Are you seeing or hearing any Harry Reid ads?

  10. jj says:
    June 14, 2010 at 2:06 pm

    im a perfect 10

  11. jj says:
    June 14, 2010 at 2:08 pm

    sju vs. notre dam in new meadowlands stadium.

    Notre damm fans will be in heaven plus a guranteed win for the irish

  12. Shore Guy says:
    June 14, 2010 at 2:10 pm

    I think I will stick to the pagentry of a college football game:

    From the BBC:

    The opening ceremony of the World Cup adds colour to all the newspapers.
    “Dancing dung beetle puts Africa on map” is the Daily Telegraph’s headline above the gigantic robotic insect, which it calls the most incongruous moment of the ceremony.
    The Daily Mail explains that the creature is revered in South Africa because it nourishes the soil.

  13. EWellie says:
    June 14, 2010 at 2:15 pm

    Grim, that’s because the Europeans still are coming out way ahead with the exchange rate at $1.20. (The Euro and dollar should be 1:1.)

    On an unrelated topic, does anyone have any reasonable theory concerning interest rates? For the love of Pete, when will they go up?!

  14. All "H-Train" Hype says:
    June 14, 2010 at 2:35 pm

    Greece gets downgraded to junk. Who could have forseen this???

    http://www.marketwatch.com/story/moodys-slashes-greece-to-ba1-from-a3-2010-06-14-1314390

  15. Knifecatcher - Painhrtz says:
    June 14, 2010 at 2:43 pm

    Hype, everyone but the Greeks apparently

  16. Jamal Van Jones says:
    June 14, 2010 at 2:46 pm

    For the love of Pete, when will they go up?!

    If we are turning Japanese, check back in 20 years.

  17. Confused in NJ says:
    June 14, 2010 at 2:48 pm

    Fannie-Freddie Fix at $160 Billion With $1 Trillion Worst Case

    June 14 (Bloomberg) — The cost of fixing Fannie Mae and Freddie Mac, the mortgage companies that last year bought or guaranteed three-quarters of all U.S. home loans, will be at least $160 billion and could grow to as much as $1 trillion after the biggest bailout in American history.

    Fannie and Freddie, now 80 percent owned by U.S. taxpayers, already have drawn $145 billion from an unlimited line of government credit granted to ensure that home buyers can get loans while the private housing-finance industry is moribund. That surpasses the amount spent on rescues of American International Group Inc., General Motors Co. or Citigroup Inc., which have begun repaying their debts.

    “It is the mother of all bailouts,” said Edward Pinto, a former chief credit officer at Fannie Mae, who is now a consultant to the mortgage-finance industry.

  18. Fabius Maximus says:
    June 14, 2010 at 2:48 pm

    Gator,

    Any recomendations for a buyers agent for Montclair. A friend is looking for a 1bed close to the train.

  19. All "H-Train" Hype says:
    June 14, 2010 at 2:48 pm

    Pain:

    The rest of the EU Club Med countries are right behind Greece. Wonder how long it will take to get ot the UK, Japan and then the good old USA.

    How is the new house?

  20. Roy G Biv says:
    June 14, 2010 at 3:02 pm

    Gambling, alcohol and illicit sexual encounters has DESTROYED more persons than all the wars combined. Yet we wink and giggle about how much fun it seems to be dance around the edges of them. Call me an Old ____ but my years at Rutgers College, construction sites and front offices make me appreciate an ice tea at the local town concert in the park, more than any “Hot Time in the City Tonight”.

  21. a mad as hell reinvestor101 says:
    June 14, 2010 at 3:02 pm

    Spit. The damn liberal terrorists have gotten to one of the Bush girls. Dammit. I just don’t believe it. What the hell is the world coming to. These damn liberals try to indoctrinate minds while they’re pliable and young. This is coming on the heels of Laura Bush’s damn support of Elena Kagan’s nomination to the damn supreme court. I don’t know who the hell got to her. This is a bunch of damn bullspit. Someone damn sure needs to be detained

    http://news.yahoo.com/s/ynews/ynews_pl2570

  22. homeboken says:
    June 14, 2010 at 3:32 pm

    homeboken says:
    June 14, 2010 at 1:48 pm
    Italy money-line +110

    I will be 1-4 if this score remains unchanged. I will happily post my wagers so you can all go the opposite direction.

  23. Mr Hyde says:
    June 14, 2010 at 3:35 pm

    Roy

    Gambling, alcohol and illicit sexual encounters has DESTROYED more persons than all the wars combined.

    I think thats stretching it just a bit roy. More then all the wars ever fought? There is a huge difference anyway, as those vices all are all self inflicted for the most part. Its internal destruction V external destruction.

    I guess humans just have an innate drive to destroy, if not outwardly then inwardly. But hey, destruction breeds creation right?

  24. EWellie says:
    June 14, 2010 at 3:35 pm

    21–That was satirical, right?

  25. jj says:
    June 14, 2010 at 3:47 pm

    I actually never gamble, but exactly what is fun is an encounter if it is not illicit?

    Roy G Biv says:
    June 14, 2010 at 3:02 pm
    Gambling, alcohol and illicit sexual encounters has DESTROYED more persons than all the wars combined. Yet we wink and giggle about how much fun it seems to be dance around the edges of them. Call me an Old ____ but my years at Rutgers College, construction sites and front offices make me appreciate an ice tea at the local town concert in the park, more than any “Hot Time in the City Tonight”.

  26. Shore Guy says:
    June 14, 2010 at 3:55 pm

    “exactly what is fun is an encounter if it is not illicit?”

    Ahh, I get it. John is really Bill Clinton.

  27. Suns Fan says:
    June 14, 2010 at 4:13 pm

    Well played Texas, well played, All this hype for nothing and you get everything you want.

  28. Libtard and the City says:
    June 14, 2010 at 4:32 pm

    I hate my job!

  29. Essex says:
    June 14, 2010 at 4:37 pm

    Oh nooooooooeeeeeeees!

  30. Shelly says:
    June 14, 2010 at 4:45 pm

    Good World Cup discussions and picks (for free) on this forum called Offshorebettor.com

  31. House Whine says:
    June 14, 2010 at 4:51 pm

    28- Libtard: Although I am sure you will not appreciate me saying this – you at least have a job. Believe me, it’s a maelstrom out here looking for a good job. I don’t wish this on anyone. But okay, what is it you hate about your job?

  32. Libtard and the City says:
    June 14, 2010 at 4:55 pm

    Well I am now working two full time jobs for five percent less than the I was paid for my one former full time job. On Wedsnesday, the company let me know that they chopped the head of my replacement (due to my promotion into a different role) and that I would be assuming his role as well as my current role. With that said, I’m way too busy to hang out here much anymore. But you are correct, I am grateful to still be collecting a paycheck.

  33. NJGator says:
    June 14, 2010 at 4:57 pm

    Fabius 18 – get my email from Grim. Looking for rental or purchase?

  34. Shore Guy says:
    June 14, 2010 at 5:09 pm

    Stu,

    Are you now in Manhattan?

  35. NJGator says:
    June 14, 2010 at 5:18 pm

    House Whine 31 – We are grateful. Just stressed out. Stu’s lost 2 hours a day of domestic productivity due to his new commute and now we have to scramble for additional childcare before camp and school that we did not anticipate needing.

    Always fun to figure these things out with zero notice.

    And my job has recently changed to encompass the responsibilities of another headcount – one for which I do not really have the proper training for and have to scramble to find suitable training while keeping the balls in the air for 2 jobs. Fun times.

  36. sas says:
    June 14, 2010 at 5:20 pm

    ” I’m way too busy to hang out here much anymore. But you are correct, I am grateful to still be collecting a paycheck”

    thank goodness. someone has to pay for my entitlements and lotto tickets.

    now, finish that falafel and get back to work.

    SAS

  37. NJGator says:
    June 14, 2010 at 5:21 pm

    Shore 34 – Yes.

  38. Shore Guy says:
    June 14, 2010 at 5:30 pm

    Gator,

    Are you at least able to ride in together?

  39. Shore Guy says:
    June 14, 2010 at 5:32 pm

    I need to do an overnight in San Juan for some business, does anyone here have any experience with the Carib Hilton? Any other thoughts?

  41. prtraders2000 says:
    June 14, 2010 at 5:58 pm

    39

    It’s been 7 years since I left PR, but the Hilton is a nice hotel in Condado. Convenient to the old city and La Ocho surf spot. Traffic is terrible though. Consider staying in Isla Verde if your business is East of San Juan.

    I don’t think the Hilton has a beach, but it is on the ocean. But your on biz anyway.

  42. Comrade Nom Deplume says:
    June 14, 2010 at 6:22 pm

    I found this link on a quasi-socialist site of all places, and some of it scared the shiite out of me.

    I take the source with some NaCL, and some of this is either old or tin foil hat, but some bears investigating.

    http://www.morningliberty.com/2010/05/16/economic-collapse-martial-law-24-experts-warn-of-2010-meltdown/

  43. sas3 says:
    June 14, 2010 at 6:59 pm

    Nom, that site makes even the Palins and Bachmanns look wise in comparison. I’m sure it is nice drama to visualize what a major disaster will look like, but the most likely disaster scenario would be a gradual slide towards a much lower standard of living.

    drip drip drip …

  44. Comrade Nom Deplume says:
    June 14, 2010 at 7:06 pm

    [43] sas3

    The links I wanted to explore turned out to be noted, but deemed credible, doomsayers. LEAP2020 is also deemed credible, but they are likely eurobombthrowers.

  45. Comrade Nom Deplume says:
    June 14, 2010 at 7:07 pm

    Apologies if posted. BLS confirms what we already know.

    http://blogs.wsj.com/economics/2010/06/09/government-workers-cost-more-to-employ/

  46. borat obama says:
    June 14, 2010 at 7:37 pm

    Last

  47. NJGator says:
    June 14, 2010 at 7:59 pm

    Seen on the window of our local Quik Chek: ‘Proud to be one of NJ’s best places to work.’

    That pretty much says it all, folks.

  49. Pat says:
    June 14, 2010 at 8:50 pm

    this is one of my pet peeves with my bank (Essex, it’s your bank, too).

    for years, they covered me, no charge, because they could clearly see that I had the money, and the transfers were pending automatically, maybe a day later.

    As soon as the new regs were coming up, they did the same thing to me and a bunch of my friends – they tagged us a hundred bucks on a seven dollar debit charge here, a five dollar charge there, just to get us to sign up for automatic overdraft.

    I have been toying with the idea of removing it, just to pay them back in work. A couple of times they have to reject the charge at the register, have me do a 30 second phone transfer, and boom, we’re even.

    Just don’t like the way I was bamboozled into forced auto overdraft.

  50. Pat says:
    June 14, 2010 at 8:53 pm

    I like the word bamboozled.

    “I knew what they were doing, but I still felt b a m b o o z l e d into signing up for a service that will cost me ten bucks a pop, instead of just a free phone transfer call.”

  51. Pat says:
    June 14, 2010 at 8:54 pm

    I’m sure PNC is not the only bank that did the dirty.

  52. Essex says:
    June 14, 2010 at 9:17 pm

    all the banks are about the same….they can all bite me!

  53. Fabius Maximus says:
    June 14, 2010 at 9:25 pm

    #45 Nom

    I am very skeptical of reports like this.

    Starting from the premise that most of the GVMT and Union jobs will have healthcare and retirement, the number on the private sector will be widley skewed because there will be far less take up and the covereage cost wll b a lot less to the company as costs will be pushed down to the employee.

    Less than 70% of employees at large firms get health insurance from their employer. When you move off the large employers and down into the smaller employers, that number drops off a cliff.

    While some employees will get coverage from a spouse a lot of employees can’t afford coverage offered. Some people will fork over the majority of their salary for coverage for their family and use the other spouses income for other living expenses. It’s hard to cough up (bad pun) a $1K deductible when you are earning minimum wage. Thats 1K before copays and coinsurance.

  54. still_looking says:
    June 14, 2010 at 9:28 pm

    Completely OT, but awesomely fascinating!!

    http://www.wimp.com/secretpowers/

    sl

  55. Pat says:
    June 14, 2010 at 10:11 pm

    sl, welcome to my weird planet. Would you like time with your cheese? How does time function as the deciding branch in a decision tree?

    At what point in time did BP choose to ignore safety procedures? How could that point in time be encapsulated and studied as a separate function?

  56. Norene Taves says:
    June 14, 2010 at 10:21 pm

    I like many of the new soccer related blog posts. Continue the truly amazing blogging.

  57. Yikes says:
    June 14, 2010 at 10:42 pm

    is this supposed to be a joke? does anyone really believe this?

    http://www.morningliberty.com/2010/05/16/economic-collapse-martial-law-24-experts-warn-of-2010-meltdown/

    In the last quarter of the year we could even see Martial law, which is more likely for the first 6 months of 2011. The FDIC will collapse in September 2010. Commercial real estate is set to implode in 2010. Wall Street believes there is a 100% chance of crash in bond market, especially municipals sometime during 2010. The dollar will be devalued by the end of 2010.

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  62. Frank says:
    June 16, 2010 at 12:19 pm

    Someone please stop the horns! I tried to give the World Cup a chance, but I’d even turn off the Superbowl if there was the same annoying background noise.

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