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Rich Toscano.
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July 19, 2008 at 3:52 PM #243094July 19, 2008 at 3:52 PM #243102
partypup
Participant“Maybe you’re right about housing & economics losing traction, but it’s sort of sad that people like jficquette & partyup have hijacked this site. I have to admit that jficquette is entertaining in an off-color sort of way at times (partyup just flat out rambles), but I do miss the well articulated, fact-based arguments we used to frequently see not that long ago.”
Actually, I have only posted one thread in the entire two years I have been visiting this site. And I have only responded to about five threads, in total. Does this qualify as “highjacking” an entire site?
July 19, 2008 at 3:59 PM #242891Participant” I told friends that only way that Obama would win is if we have major recession, which today means if BofA or maybe even if smaller WaMu get taken over by FDIC. Exec party will do whatever it takes to prevent that because it would mean dem would win. So game over. All you geeks can run your fancy Monte Carlo game theory simulations, but you’ll still come up with my simple answer.”
First off, my apologies to you all for responding to Marion’s thread above. I had been offline for a day and couldn’t resist calling her out.
But I promise not to humor her with another response.
That said, to your point equalizer: I actually think there is a very good chance that Obama could win in November by a sizeable margin. Certainly, if the election were held today he would not win. But there is a high probability that WaMu will go belly-up within the next 30-60 days (I have heard this from two (2) separate and independent sources at banks, one at Indymac). If and when that happens, FDIC will simply be overwhelmed and we will have a systemic failure. Under those circumstances, a three-legged dog with fleas could win. I think an Obama presidency is almost unavoidable, at this point.
Does anyone else on this board have any knowledge to the contrary? I would love to believe that the banks are in better financial health, but all indications now are that most are on deathwatch.
July 19, 2008 at 3:59 PM #243034Participant” I told friends that only way that Obama would win is if we have major recession, which today means if BofA or maybe even if smaller WaMu get taken over by FDIC. Exec party will do whatever it takes to prevent that because it would mean dem would win. So game over. All you geeks can run your fancy Monte Carlo game theory simulations, but you’ll still come up with my simple answer.”
First off, my apologies to you all for responding to Marion’s thread above. I had been offline for a day and couldn’t resist calling her out.
But I promise not to humor her with another response.
That said, to your point equalizer: I actually think there is a very good chance that Obama could win in November by a sizeable margin. Certainly, if the election were held today he would not win. But there is a high probability that WaMu will go belly-up within the next 30-60 days (I have heard this from two (2) separate and independent sources at banks, one at Indymac). If and when that happens, FDIC will simply be overwhelmed and we will have a systemic failure. Under those circumstances, a three-legged dog with fleas could win. I think an Obama presidency is almost unavoidable, at this point.
Does anyone else on this board have any knowledge to the contrary? I would love to believe that the banks are in better financial health, but all indications now are that most are on deathwatch.
July 19, 2008 at 3:59 PM #243044Participant” I told friends that only way that Obama would win is if we have major recession, which today means if BofA or maybe even if smaller WaMu get taken over by FDIC. Exec party will do whatever it takes to prevent that because it would mean dem would win. So game over. All you geeks can run your fancy Monte Carlo game theory simulations, but you’ll still come up with my simple answer.”
First off, my apologies to you all for responding to Marion’s thread above. I had been offline for a day and couldn’t resist calling her out.
But I promise not to humor her with another response.
That said, to your point equalizer: I actually think there is a very good chance that Obama could win in November by a sizeable margin. Certainly, if the election were held today he would not win. But there is a high probability that WaMu will go belly-up within the next 30-60 days (I have heard this from two (2) separate and independent sources at banks, one at Indymac). If and when that happens, FDIC will simply be overwhelmed and we will have a systemic failure. Under those circumstances, a three-legged dog with fleas could win. I think an Obama presidency is almost unavoidable, at this point.
Does anyone else on this board have any knowledge to the contrary? I would love to believe that the banks are in better financial health, but all indications now are that most are on deathwatch.
July 19, 2008 at 3:59 PM #243099Participant” I told friends that only way that Obama would win is if we have major recession, which today means if BofA or maybe even if smaller WaMu get taken over by FDIC. Exec party will do whatever it takes to prevent that because it would mean dem would win. So game over. All you geeks can run your fancy Monte Carlo game theory simulations, but you’ll still come up with my simple answer.”
First off, my apologies to you all for responding to Marion’s thread above. I had been offline for a day and couldn’t resist calling her out.
But I promise not to humor her with another response.
That said, to your point equalizer: I actually think there is a very good chance that Obama could win in November by a sizeable margin. Certainly, if the election were held today he would not win. But there is a high probability that WaMu will go belly-up within the next 30-60 days (I have heard this from two (2) separate and independent sources at banks, one at Indymac). If and when that happens, FDIC will simply be overwhelmed and we will have a systemic failure. Under those circumstances, a three-legged dog with fleas could win. I think an Obama presidency is almost unavoidable, at this point.
Does anyone else on this board have any knowledge to the contrary? I would love to believe that the banks are in better financial health, but all indications now are that most are on deathwatch.
July 19, 2008 at 3:59 PM #243108Participant” I told friends that only way that Obama would win is if we have major recession, which today means if BofA or maybe even if smaller WaMu get taken over by FDIC. Exec party will do whatever it takes to prevent that because it would mean dem would win. So game over. All you geeks can run your fancy Monte Carlo game theory simulations, but you’ll still come up with my simple answer.”
First off, my apologies to you all for responding to Marion’s thread above. I had been offline for a day and couldn’t resist calling her out.
But I promise not to humor her with another response.
That said, to your point equalizer: I actually think there is a very good chance that Obama could win in November by a sizeable margin. Certainly, if the election were held today he would not win. But there is a high probability that WaMu will go belly-up within the next 30-60 days (I have heard this from two (2) separate and independent sources at banks, one at Indymac). If and when that happens, FDIC will simply be overwhelmed and we will have a systemic failure. Under those circumstances, a three-legged dog with fleas could win. I think an Obama presidency is almost unavoidable, at this point.
Does anyone else on this board have any knowledge to the contrary? I would love to believe that the banks are in better financial health, but all indications now are that most are on deathwatch.
July 19, 2008 at 4:10 PM #242896gandalf
ParticipantAmen. We had a good OT politics thread about a month ago. There was a good straightforward exchange of views, different sides of the issues, consideration, mostly respectful. Here and there the usual freak-show types, replete with usual “You must believe what I do” syndrome.
BTW, I suspect jfiq and Marion are related. Soul mates, cut from the same cloth. Both of them from crazy-land.
Hey Allan, what did you think of Al Gore’s speech the other day? Politics aside, I was pleased to hear the energy and national security connection being put forward. As you know, I think improving our strategic position vis-a-vis energy supplies is the key to advancing our foreign policy interests, getting the upper hand in dealing with the Middle East. So I liked what he had to say, overall. (BTW, I voted against Gore. Yeah, I know.)
In the next few posts, we get to listen to ranting partisan hacks ramble about Gore and global warming… (They’re annoying aren’t they?)
July 19, 2008 at 4:10 PM #243039ParticipantAmen. We had a good OT politics thread about a month ago. There was a good straightforward exchange of views, different sides of the issues, consideration, mostly respectful. Here and there the usual freak-show types, replete with usual “You must believe what I do” syndrome.
BTW, I suspect jfiq and Marion are related. Soul mates, cut from the same cloth. Both of them from crazy-land.
Hey Allan, what did you think of Al Gore’s speech the other day? Politics aside, I was pleased to hear the energy and national security connection being put forward. As you know, I think improving our strategic position vis-a-vis energy supplies is the key to advancing our foreign policy interests, getting the upper hand in dealing with the Middle East. So I liked what he had to say, overall. (BTW, I voted against Gore. Yeah, I know.)
In the next few posts, we get to listen to ranting partisan hacks ramble about Gore and global warming… (They’re annoying aren’t they?)
July 19, 2008 at 4:10 PM #243049ParticipantAmen. We had a good OT politics thread about a month ago. There was a good straightforward exchange of views, different sides of the issues, consideration, mostly respectful. Here and there the usual freak-show types, replete with usual “You must believe what I do” syndrome.
BTW, I suspect jfiq and Marion are related. Soul mates, cut from the same cloth. Both of them from crazy-land.
Hey Allan, what did you think of Al Gore’s speech the other day? Politics aside, I was pleased to hear the energy and national security connection being put forward. As you know, I think improving our strategic position vis-a-vis energy supplies is the key to advancing our foreign policy interests, getting the upper hand in dealing with the Middle East. So I liked what he had to say, overall. (BTW, I voted against Gore. Yeah, I know.)
In the next few posts, we get to listen to ranting partisan hacks ramble about Gore and global warming… (They’re annoying aren’t they?)
July 19, 2008 at 4:10 PM #243104ParticipantAmen. We had a good OT politics thread about a month ago. There was a good straightforward exchange of views, different sides of the issues, consideration, mostly respectful. Here and there the usual freak-show types, replete with usual “You must believe what I do” syndrome.
BTW, I suspect jfiq and Marion are related. Soul mates, cut from the same cloth. Both of them from crazy-land.
Hey Allan, what did you think of Al Gore’s speech the other day? Politics aside, I was pleased to hear the energy and national security connection being put forward. As you know, I think improving our strategic position vis-a-vis energy supplies is the key to advancing our foreign policy interests, getting the upper hand in dealing with the Middle East. So I liked what he had to say, overall. (BTW, I voted against Gore. Yeah, I know.)
In the next few posts, we get to listen to ranting partisan hacks ramble about Gore and global warming… (They’re annoying aren’t they?)
July 19, 2008 at 4:10 PM #243113ParticipantAmen. We had a good OT politics thread about a month ago. There was a good straightforward exchange of views, different sides of the issues, consideration, mostly respectful. Here and there the usual freak-show types, replete with usual “You must believe what I do” syndrome.
BTW, I suspect jfiq and Marion are related. Soul mates, cut from the same cloth. Both of them from crazy-land.
Hey Allan, what did you think of Al Gore’s speech the other day? Politics aside, I was pleased to hear the energy and national security connection being put forward. As you know, I think improving our strategic position vis-a-vis energy supplies is the key to advancing our foreign policy interests, getting the upper hand in dealing with the Middle East. So I liked what he had to say, overall. (BTW, I voted against Gore. Yeah, I know.)
In the next few posts, we get to listen to ranting partisan hacks ramble about Gore and global warming… (They’re annoying aren’t they?)
July 19, 2008 at 4:31 PM #242904ParticipantLooking at the numbers, I’m guessing WAMU has about a year left, assuming current conditions remain the same or deteriorate. If things improve, or if they secure additional capital, they should be okay. If they go underwater, it’s likely the feds will step in, too big to fail, another corporate welfare bailout.
And I agree about the psychological impact of such a large failure, BTW. It would not be good.
July 19, 2008 at 4:31 PM #243047ParticipantLooking at the numbers, I’m guessing WAMU has about a year left, assuming current conditions remain the same or deteriorate. If things improve, or if they secure additional capital, they should be okay. If they go underwater, it’s likely the feds will step in, too big to fail, another corporate welfare bailout.
And I agree about the psychological impact of such a large failure, BTW. It would not be good.
July 19, 2008 at 4:31 PM #243055ParticipantLooking at the numbers, I’m guessing WAMU has about a year left, assuming current conditions remain the same or deteriorate. If things improve, or if they secure additional capital, they should be okay. If they go underwater, it’s likely the feds will step in, too big to fail, another corporate welfare bailout.
And I agree about the psychological impact of such a large failure, BTW. It would not be good.
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