10.09.2008

Random Thursday Morning Thoughts

  • Pacman Jones got into an altercation in a bathroom with his body guard at a Dallas hotel the other night. From the news reports I've heard it involved Ludacris being around, Pacman being shirtless, and broken mirrors. I call that a good night.
  • It happened at the Joule hotel in Dallas which I had never heard of because it's not on the Interstate next to a Comfort Inn. But I looked up some pictures of it and discovered it's got a cool rooftop pool that extends over the sidewalk and has a glass wall.
  • I really like the Tulia book I'm reading (uh, listening to.) Now I have a desire to drive out to the town just to look around - but it's 308 miles away (says The Google.)
  • I wonder if parents are still naming their boys "Dakota"?
  • Just heard on the radio about a motorcycle wreck on 121 in Fort Worth.
  • I get complaints about all the political comments that show up here.
  • Hey, I know I've got a problem with homophones (look it up) but I type this junk pretty quickly at 7:00 in the morning.
  • The local car lots in Decatur seem to have less cars in them than in past years.
  • One of these years I'm going to go to New England in the fall. I guess the leaves will be turning in the next three weeks.
  • I'm glad Sarah Palin was late to the national scene. That voice is beginning to get to me.
  • I monitored most of the sex abuse/child porn case in the courtroom yesterday with posts on my Twitter thingy. I think I'll do a separate post about it later.
  • People aren't either sane or crazy, but it's a scale. If 100 is completely normal and 0 is bat arse nuts, there are lots of people in the 50s and 60s out there.
  • There's a guy with some land off of 380 as you are going into Jacksboro who is always flying an OU flag. I'd think he'd catch lots of grief for that.
  • I understand wanting to be President but would you really want to be President right now?
  • I predict Hugh Hefner's death in the next 12 months (sometimes I just get visions like that.)
  • FDR's New Deal was pretty much creating projects which created jobs and then payed people to do those jobs. I'm not sure how much was spent, but I bet it wasn't close to the $1 trillion bailout we've just seen.
  • And I mentioned a few weeks ago that This American Life's "A Big Pool Of Money" provided the best explanation of the mortgage crisis that I ever heard. Well, they have a new podcast out this week that describes what in the heck happened over the last three weeks that caused everyone in government to fear a collapse. I never thought a program about the "commercial paper market" and "credit default swaps" would be interesting but it was easy to understand and fantastic. Get it here. Trust me on this.

41 comments:

Anonymous said...

barry, your smarter than that. fdr spent in the billions but adjusted for inflation what we just did wasnt even close. worst thing was the tax and spend that fdr implemented prolonged the depression. it was 1953 before the market managed to recover.

Anonymous said...

FDR's new deal worked pretty well, (but would not work today) because he did not have any giant corporations raking off 60% of the money.

Anonymous said...

thats one hot little horny devil!!!!I can't wait for the halloween party at Frillys

Anonymous said...

i dont know about you but if the credit market is really frozen and we're all going to die. why have i received so many offers for credit cards and new cars and to refie my house? seems to me that there is still plenty of credit out there if you actually pay your bills on time.

Anonymous said...

I have plans to go to New England in the fall sometime after the next 5 years (when I can retire). Want to spend at least a month there to soak in all the atmosphere of New England in the fall. Wonder how many other people have to wait until they retire to make that fall trip?

Anonymous said...

I'm not going to say who it is, but when OU wins he puts the flag on his crane and extends it over US281. Oh rub it in.

Anonymous said...

We fly our OU flag year round. We love our Sooners, win or lose. Boomer Sooner!!

Anonymous said...

Silly Barry, Dakota is a girls' name.

Anonymous said...

I truly belive Hugh Hefner is already dead! Last time I saw him on the t.v. he was as usually bettwen two babe's they lloked as tho they were tired mabey they are actually keeping him on his feet just kinda dragging him around...making it look as tho he is still alive! Heck i bet thats why the one chick who is supposedly bailing on him was kinda standing off to the side and looking a little nervious...lol She is like not wanting any part of the up coming media hay day when its found out the ol man truly is dead...lol

Anonymous said...

I was fortunate enough to be in New England, in the fall, a few years ago and there's nothing like it!! Beauty beyond compare!

Who wants to be President right now? A 46 year old guy with very little experience. He wants to take on a war, an energy crisis and a financial crisis. I'm still thinking.......... O.K., I'm done. I'll go with the older feller.

Anonymous said...

Don't go all the way to New England for fall color, try Guadalupe Mountains National Park right here in our "Own Country"!
Hike McKitrtrick Canyon, a beautiful walk with Big Tooth Maples turning now and through early November. You'll also see the only producing trout stream in Texas.

onmyway311 said...

I've always wanted to go to New England in the fall. My parents took a trip to upstate New York during the fall a couple of years ago just for the hell of it and they said it was absolutely beautiful!

Anonymous said...

There is a guy in Bridgeport right across from City Hall that flies a yellow Tour de France flag during the race. I'm surprised it stays up without somebody messing with it.

Small minded cretins around here.

Anonymous said...

People who complain to you about comments on here are the ones who probably blame good parents for children who turn out bad.This is just a form of intertainment people!Lighten up!People are not happy about our current economic situation...so since politics control most of the financial decisions that effect us, when things are not good people are going to vent!So you people have a right to comment on comments but not complain,since this blog does not force itsef on your computer!Now on a lighter note im weighing the consequences if spending a little time with the devil....if she looks that good!


remember to vote for uncle fester in 2012, if we are stii here????

Anonymous said...

"Hey, I know I've got a problem with homophones..."
Seems like the next line should be "But some of my best friends are homophones."
I didn't think you were homophonic-phobic, but admitting you have a problem is the first step

"There's a guy with some land off of 380 as you are going into Jacksboro who is always flying an OU flag. I'd think he'd catch lots of grief for that."
The difference is that if you flew a Longhorns flag up there, you would catch more than grief, because that's all they got. Remember the guy who wore a UT cap in a bar up there a couple of years age and got severely injured, crotch-wise? Around here, you see allegiance to lots of different colleges, so we tend to be more tolerant when somebody expresses love for a team that is not the same as one's own.

from 8:48 "She is like not wanting any part of the up coming media hay day when its found out the ol man truly is dead...lol"
If she were like really not wanting any part of a media heyday (that's how you spell it, btw), why would she be on a TV show every week, getting nekkid all the time? And the supposed reason they are breaking up is because she wants to have his kid. That would bring tons of media coverage.
And the gals aren't propping him up, the Viagra is. The gals are there to make the Viagra worthwhile.
I'm just sayin'

Anonymous said...

I(homophone) spent a week(homophone) in Boothbay Harbor ME(homophone) in July. One(homophone) of the best week(homophone) long vacations I've ever had.

Anybody know(homophone)where Mock is??? The Update has a request for(homophone) 35 folks for(homophone) a mock trail. I've always wanted to(homophone) be(homophone) a trailblazer.

Double Fake Homo Sapien

Anonymous said...

Come on up to New England! It really is beautiful this time of year. After stumbling across your blog during a random google search, I poked around and found that you have some pretty funny and poignant posts - and respective comments. I still check your blog every couple of days and usually get a laugh or two.

Look me up when you visit.

anonymous

Anonymous said...

We are all sorry that Obama has been running for president for years...we hate his looks and his monotonous voice of nothingness.

gern blansten said...

maybe I'm just goofy and haven't been to many places in my lifetime, but I always thought the area around Greenwood was gorgeous! It seems like another country back there in the woods! Beautiful place. Also, farther up on FM 51 heading toward Slidell is also beautiful!

Anonymous said...

We are retired and haven't made it to New England yet but still hoping to, instead we go to Arkansas, there is some beautiful color there when the leaves change.

Dakota, I know several kids around 11 or 12 that are boys and named Dakota.

Anonymous said...

Hey Barry!! Ask Rhome Officer Sims about Tulia he can tell you all about why he moved from that place. Thats where hes from.

Anonymous said...

tO 10:49
yOU REALLY HAVE BEEN CONFINED TO wISEcO TOO LONG.
wHAT YOU NEED TO DO IS TAKE YOU ONE OF THOSE TWO WEEK dAN dAPIER BUS TOURS....TRY MAYBE 2 WEEKS IN MIDLOTHIANS.....YOU'LL LOVE THE TRAVEL

Jarhead said...

"Yeah

Livin' in a shack in a one-horse town
Trying to get to heaven 'fore the sun goin' down
Lizard in a bottle, yeah

Dizzy in a haze for 40 days
Hey there, little devil

Come on little devil
Be my little angel
Come on little devil
Be my, yeah, angel, ow

Oh, she came on with an alligator smile
Dynamite lover, scorpion child
Trying to get to heaven 'fore the sun goes down, yeah

She came on with a cyclone kiss
Hey there baby, you don't never miss
Lizard in a bottle, oh yeah

Come on little devil
Be my little angel
Come on little devil
Be my little angel, angel

Come on little devil
Be my little angel
Come on little devil
Be my, oh be my, angel"
~ The Cult

Anonymous said...

The American Life program is excellent!!

I have read everything I can find to better understand this very complicated financial mess. Ira and the 'gang' does a wonderful job.

I would bet a billion dollars worth of credit default swaps that Jarhead has never listened to it and never will.

Anonymous said...

Well, Great!!
Now looks like we got them there homo-sexuals attempting to move some of their technology into the market place and pushing their agenda on us there with one of them "whatcha-ma-call-it" homophones. You won't find one of those things in my ear I'll tell yas right now.

Double Fake: Aaaachey Bunker

Anonymous said...

Barry- Read at the bottom the names of the lawyers involved

Obama Sued Citibank Under CRA to Force it to Make Bad Loans
Posted on 03 October 2008
Do­ yo­u r­e­m­e­m­b­e­r­ ho­w we­ t­o­ld yo­u t­hat­ t­he­ De­m­o­cr­at­s and gr­o­ups asso­ci­at­e­d wi­t­h t­he­m­ le­ane­d o­n b­ank­s and e­ve­n sue­d t­o­ ge­t­ t­he­m­ t­o­ m­ak­e­ b­ad lo­ans unde­r­ t­he­ Co­m­m­uni­t­y R­e­i­nve­st­m­e­nt­ Act­ whi­ch was a fact­o­r­ i­n causi­ng t­he­ e­co­no­m­i­c cr­i­si­s (se­e­ HER­E a­n­d HER­E ) … well lo­o­k­ at what so­me fello­w blo­g­g­ers hav­e d­u­g­ u­p­ while researc­hin­g­ O­bama’s leg­al c­areer. Lo­o­k­s lik­e a typ­ic­al AC­O­RN­ lawsu­it to­ g­et ban­k­s to­ han­d­ o­u­t bad­ lo­an­s.

In­ these lawsu­its, AC­O­RN­ mak­es a bo­g­u­s c­laim o­f Red­lin­in­g­ (d­en­yin­g­ p­o­o­r p­eo­p­le lo­an­s bec­au­se o­f their ethn­ic­ heritag­e). They p­ro­test an­d­ g­et the lo­c­al med­ia to­ raise a big­ stin­k­. This stin­k­ mean­s that the ban­k­ fac­es tho­u­san­d­s o­f p­eo­p­le c­lo­sin­g­ their ac­c­o­u­n­ts an­d­ g­et lo­c­al p­o­litic­ian­s to­ lo­bby to­ sto­p­ the ban­k­ fro­m d­o­in­g­ so­me fu­tu­re bu­sin­ess, exp­an­sio­n­s an­d­ merg­ers. If the ban­k­ g­o­es to­ c­o­u­rt, they will win­, bu­t the d­amag­e is alread­y d­o­n­e bec­au­se who­ is g­o­in­g­ to­ lau­n­c­h a big­ c­amp­aig­n­ to­ g­et the ban­k­’s rep­u­tatio­n­ bac­k­?

It is imp­o­rtan­t to­ u­n­d­erstan­d­ the n­atu­re o­f these lawsu­its an­d­ what their p­u­rp­o­se is. AC­O­RN­ filed­ to­n­s o­f these lawsu­its an­d­ ALL o­f them alleg­e rac­ism.

Cas­e­ Name­
B­uy­cks-Rob­erson­ v­. Ci­t­i­b­an­k F­ed. Sav­. B­an­k F­ai­r Housi­n­g/L­en­di­n­g/I­n­suran­ce
Docket­ / Court­ 94 C 4094 ( N­.D. I­l­l­. ) F­H-I­L­-0011
St­at­e/T­erri­t­ory­ I­l­l­i­n­oi­s
C­as­e S­ummary
P­la­int­iffs filed­ t­heir cla­ss a­ct­io­n la­w­suit­ o­n July 6, 1994, a­lleg­ing­ t­ha­t­ Cit­iba­nk­ ha­d­ eng­a­g­ed­ in red­lining­ p­ra­ct­ices in t­he Chica­g­o­ m­et­ro­p­o­lit­a­n a­rea­ in vio­la­t­io­n o­f t­he Equa­l Cred­it­ O­p­p­o­rt­unit­y A­ct­ (ECO­A­), 15 U.S.C. 1691; t­he Fa­ir Ho­using­ A­ct­, 42 U.S.C. 3601-3619; t­he T­hirt­eent­h A­m­end­m­ent­ t­o­ t­he U.S. Co­nst­it­ut­io­n; a­nd­ 42 U.S.C. 1981, 1982. P­la­int­iffs a­lleg­ed­ t­ha­t­ t­he D­efend­a­nt­-ba­nk­ reject­ed­ lo­a­n a­p­p­lica­t­io­ns o­f m­ino­rit­y a­p­p­lica­nt­s w­hile a­p­p­ro­ving­ lo­a­n a­p­p­lica­t­io­ns filed­ by w­hit­e a­p­p­lica­nt­s w­it­h sim­ila­r fina­ncia­l cha­ra­ct­erist­ics a­nd­ cred­it­ hist­o­ries. P­la­int­iffs so­ug­ht­ injunct­ive relief, a­ct­ua­l d­a­m­a­g­es, a­nd­ p­unit­ive d­a­m­a­g­es.

U.S. D­ist­rict­ Co­urt­ Jud­g­e Ruben Ca­st­illo­ cert­ified­ t­he P­la­int­iffs’ suit­ a­s a­ cla­ss a­ct­io­n o­n June 30, 1995. Buyck­s-Ro­berso­n v. Cit­iba­nk­ Fed­. Sa­v. Ba­nk­, 162 F.R.D­. 322 (N.D­. Ill. 1995). A­lso­ o­n June 30, Jud­g­e Ca­st­illo­ g­ra­nt­ed­ P­la­int­iffs’ m­o­t­io­n t­o­ co­m­p­el d­isco­very o­f a­ sa­m­p­le o­f D­efend­a­nt­-ba­nk­’s lo­a­n a­p­p­lica­t­io­n files. Buyck­s-Ro­berso­n v. Cit­iba­nk­ Fed­. Sa­v. Ba­nk­, 162 F.R.D­. 338 (N.D­. Ill. 1995).

T­he p­a­rt­ies vo­lunt­a­rily d­ism­issed­ t­he ca­se o­n M­a­y 12, 1998, p­ursua­nt­ t­o­ a­ set­t­lem­ent­ a­g­reem­ent­.
P­la­int­iff’s La­w­yers A­lexis, Hila­ry I. (Illino­is)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Child­ers, M­icha­el A­llen (Illino­is)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Cla­yt­o­n, Fa­y (Illino­is)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Cum­m­ing­s, Jeffrey Irvine (Illino­is)
FH-IL-0011-7500 | FH-IL-0011-7501 | FH-IL-0011-9000
Lo­ve, Sa­ra­ No­rris (Virg­inia­)
FH-IL-0011-9000
M­iner, Jud­so­n Hirsch (Illino­is)
FH-IL-0011-7500 | FH-IL-0011-9000
Oba­m­­a­, Ba­r­a­ck H­. (Illinois­)
FH-I­L-0011-7500 | FH-I­L-0011-7501 | FH-I­L-0011-9000
Wi­ckert­, J­o­hn­ Hen­ry­ (I­lli­n­o­i­s)
FH-I­L-0011-9000

Anonymous said...

haha, Barry's a leafer

Anonymous said...

""I get complaints about all the political comments that show up here.""

Sounds like the Republicans are losing the race and they no longer want to talk about it.

Jarhead said...

1:15,

You're right. I don't and probably never will.

I learn all I need to know about economics and finance from names you've never heard of: Eugene Fama and Ken French, Merton Miller, Harry Markowitz and William Sharpe ~ three of whom are winners of the Nobel Memorial Prize in Economic Sciences.

I utilize concepts that are beyond your comprehension like the Three Factor Model (as opposed to the CAPM), Modern Portfolio Theory and the Efficient Market Hypothesis. I don't have listen to the radio, watch TV or subscribe to newspapers to tell me what's going on, I read the research and learn what's going on. If you just found out about credit swaps last week and feel like you're presenting something new here, well, that's pretty sad.

I obtain the information I need to make financial decisions based on current economic conditions from professors at the Graduate School of Business at the University Of Chicago Dartmouth College and Yale University, not spoon-fed to me by some NPR show hosted by a guy (whom you mentioned) who's resume is as follows: "Ira Glass started working in public radio in 1978, when he was 19, as an intern at National Public Radio's Washington headquarters. Over the course of the next 17 years, he worked on nearly every NPR news show and did nearly every production job they had: he was a tape-cutter, desk assistant, newscast writer, editor, producer, reporter, and substitute host. He spent a year in a high school for NPR, and a year in an elementary school, filing every week or two for All Things Considered. He moved to Chicago in 1989 and put This American Life on the air in November of 1995."

So, if I never listen to "This American Life" on NPR in my whole life, I'll probably be better off.

Anonymous said...

1:37, you listen to entirely too many pundits and you watch entirely too much CNN. It's not that we don't want to talk about it, it's all on the record. All you have to do is take the time to look it up. There are a number of Watch-Dog (bi-partisan) websites that will tell you the truth. Hopefully after looking into the information you will be able to stop listening to Obama's rhetoric and pay attention to the record. I believe the liberal Democrats have their panties in a far tighter bundle than they care to admit. It's not that the Republicans "no longer want to talk about it", the talking is over, it's time to kick arse and take names. See ya at the polls!! As Paul Harvey say's..... Goooood Day!!

The Prawn said...

Stock market is having another good day. :-(

Jarhead said...

Good if you're selling short!

Anonymous said...

A headline we'd never see ANYTHING like if Obama is president.


"The release of a new instructional martial arts video is just the latest public display of manliness by Russian Prime Minister Vladimir Putin. ..."

Before you say anything, McCains badassery is already proven. And militarily he is one of the few who has called from day one (the surge correctly proves) for more troops in Iraq. The whole world knows he'd stick a missile up their butts if pushed- what will they think about Obama? Why do you think there are so many governments poking at us now?

It's not just a 'lame duck' strategy, they know they'll consolodate gains made when Obama comes to office.

When it comes time for Obama to stare down Putin he'll laugh in his face. I would.

If Obama TRIES to push back, Putin will take a bite out of his liver and have it with his morning human placenta breakfast.

Go ahead you noodniks who don't know a lick how the world really turns and "hope" for "change"- you are going to get all you can handle.

Anonymous said...

1:15 says, "The American Life program is excellent!!

I have read everything I can find to better understand this very complicated financial mess. Ira and the 'gang' does a wonderful job.

I would bet a billion dollars worth of credit default swaps that Jarhead has never listened to it and never will."

I say that is SO bizarre, I swear its got to be Barry playing "devils advocate" to stir up the doo.

Anonymous said...

Michael J. Fox will go within 12 as well.

Anonymous said...

FDR created Fannie Mae. It worked. LBJ privitized Fannie Mae. That worked. Bill Clinton forced Fannie Mae to loan money to unqualified borrowers. THAT DID NOT WORK. It has destroyed the American (should I say World) economy. Clinton bought some votes at a very high price. The Democrat Congress refused to support President Bush in 2003 when he saw the big problem and proposed legislation to rein in Fannie and Freddie. This is all public record.

Anonymous said...

Rush Limbaugh will go within 12 as well. Drug overdose, or, maybe one of those erections lasting more than 6 hours.

Anonymous said...

eightfoureight: Like "Weekend at Heff's"

Anonymous said...

My choice in 2012(if we live), BARRY GREEN (VP) and RUSS MARTINE (El-PRESIDENTE). Today that would win.

Anonymous said...

Believing that an 82 year old man is going to die soon is pretty easy.

When Barry comes to the understanding that he is Libertarian and not Democrat, he might be electable. But even though I think Barry is between 50 and 60 on the saneness scale, I don't think he would be crazy enough to run for VP.

Anonymous said...

The human race will be the loser December 21 2012