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Everything posted by Dwight Drane
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What Buffalo Bills RB HASN'T been arrested? Hang with the O-Line folks. A $15.99 All-U-Can-Eat plate of sushi might be their idea of a good time, but you stay out of trouble.
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The next 48 hours OUTSIDE OF THE ECONOMY are crucial. The chain of events for a scapegoat have taken place. 1) Treasury puts out a proposal that they know will rile the public up against it. 2) The real cost to bail out the economy is in the 10's of trillions at this point, and this is only after continued bank mergers to cancel out counterparty obligations. i.e. Bailout would not work without crazy inflation 3) Congress puts on a show, but votes down the bill...everyone calls for Armageddon 4) Next day the liquidity to prop markets comes in like never before, but makes enough headway to not only avoid Armageddon, but make it look as if Congress wasn't a complete failure by voting down bailout. 5) Promise to have another vote in a few days #### Total Speculation##### 6) An event of HUGE magnitude takes place that rocks our foundation outside the economy, but can't help but sink the economy in it's fragile state. The event is so big that we can't recover short term, and the President, Congress, and Fed gets off the hook for taking down our economy over the years. ##################### Contrary to public opinion, I don't have Jesus channeled in a Magic 8 ball. I have been "lucky" enough to be inside of the financial situation, and know that there is no logical way out. The cards that have been played over the past 2 weeks by the government puts me at a personal Code Red alert for something huge to happen. Will it happen?, I don't know. Everything can be fine for a while, but the Feds have been doing CPR for a while now while telling the family in the waiting room that Daddy is doing just fine. Why the sudden change? Nobody believes a word I say here anyway, so I might as well go into pure speculation at this point. To quote Max Bialystock...."No Way Out!!!"
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Do they still take credit cards?
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Now...I would have drafted Malcolm Kelly, so it shows you what i know. Then again, Kelly is only trailing Hardy by 12 yards. I hope the kid figures it out, but I didn't like him on video...I didn't like his rap sheet....and I didn't like his wonderlic. And once again, Hardy involved in a story about pulling a gun 3 weeks after getting drafted with huge character ??? would be like Reggie Rodgers getting a DUI in front of an elementary school 3 weeks after Bill Polian signed him. It was relevant....and so was being upset that the front office took a risk on a guy like that when you had plenty of other options on the board. We are 4-0....once again, 1-3 and Hardy would be in ECMC for observation after a game like today. PS....If all the banks fail by January, can I pay you in Beef Jerkey?
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You always man up...I'll give you that. Week 4 .....Ryan Denney still has twice as many yards as Hardy.
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Lucky me! Let's play a word game and see how lucky I can get for this next go around. First word......Denver's best WR Second word.....This CB has starred for both New England and the Jets over the past decade Considering the US injected $1 trillion alone last week, and EU a few hundred billion on Friday...I'm not so sure any plan is going to work. It is interesting that Congress is so hellbent on getting out of town by Monday. I mean, what could possibly go wrong this week? And McCain and Obama had so much passion in their debate last night. They were really going at each other. I really hate that the Bills pick this year of all times to turn it on. If we are 5-0 and the season gets postponed, does that mean we have an undefeated season? Sweet!
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Hardy....on pace for 64 yards on the season. Ryan Denney....on pace for 101 yards on the season. Justin Jenkins is going to catch more balls than Hardy I would think. The team has done a great job of not putting guys who aren't ready, out on the field to save face. Thank God for Yobouty's revival because McKelvin on a regular basis right now wouldn't look so good. Parrish isn't a disaster of a loss since Jenkins is a sharp kid. Just keep playing smart football and we will win close games.
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Old/Current Bills on the board
Dwight Drane replied to The Cincinnati Kid's topic in The Stadium Wall Archives
Anyone remember the time I made it through Plan B? I can confirm that certain former Bills have used this website. Much like the radio guys yank stuff from here, this is a free focus group for public reaction and ideas. -
I only have to spot him 2.
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What odds can I get on Jenkins catching more passes than Hardy this year?
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A trenchcoat?
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Will The Bailout Work?
Dwight Drane replied to molson_golden2002's topic in Politics, Polls, and Pundits
Well....that's sort of why I asked. -
Will The Bailout Work?
Dwight Drane replied to molson_golden2002's topic in Politics, Polls, and Pundits
What city do you live in? -
Will The Bailout Work?
Dwight Drane replied to molson_golden2002's topic in Politics, Polls, and Pundits
Nice caption to your avatar -
Will The Bailout Work?
Dwight Drane replied to molson_golden2002's topic in Politics, Polls, and Pundits
PS Tick Tock -
Will The Bailout Work?
Dwight Drane replied to molson_golden2002's topic in Politics, Polls, and Pundits
The other end of this bailout is already up and running. It has been for months. The smart execs have been jumping ship and pooling together resources in their own asset management groups. The FDIC has been custodian for untold amounts of securities and property and in a panic since the 1st of the year. There is NOTHING to prevent the revolving door of sales of securities if this is passed. There has been no mention of Level 3 assets in all of the bailout talk. $700 billion will be gone through in 1 to 6 weeks depending on the level of confidence of the people. If it is one week and things continue to implode, this discussion is moot. In reality, if the government really plans to undertake a bailout of this magnitude and it isn't just a ruse for war and global restructuring, it will take 10's of trillions to erase all of the damage...at best. When a default swap that is valued at 10 cents on the dollar for payout ends up needing to be fulfilled.....it gets paid at 100 cents. The government can continue to pick and choose who goes under depending on who holds both sides of these contracts. There has been a quasi-clearinghouse set up as we have been going along, but it is nothing more than an urban chop shop. If Goldman holds 30 Billion of WAMU swaps that are worth $1.5 billion on their off-balance sheet account...guess what? The government steps in and pays the 30 billion if WAMU gets folded into Citibank. "Oh...this is great for the taxpayer! We will be making money hand over fist! Buy low..sell high!" Last time I looked...1.5 - 30 = (28.5) We are at a point of no return. Like a choose your own adventure book, we get to the same sad end. It is just a matter of how and how long to get there. If by the grace of God things return to some sense of normalcy over the next few years, I will have a job for 10 years working all the crap the government will spit out. I don't expect that to happen, and I am not rushing into that position right now. Knowing what was happening, I have taken the past year to be with family and straighten things out in all aspects of life. It looks like some are catching on to the big picture, and how can you not at this point? If you haven't done so...make friends with your neighbors. If you live in an urban setting, make sure you know where you can go outside the city for a while if need be. It will take 48 hours for the complete gutting of this country if this bailout doesn't work. I have been talking all along as a message of preparation. My time to be upset has long passed. I'm just going to throw on a little Emerson Lake & Palmer, Karnevil #9....and let it loop for the next few months. Get into that.....get into that.... -
You mean, take the Rams +8??
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Jenkins will have more catches than Hardy I am guessing. When the SHTF....draft position means nothing. You put the most reliable guy on the field.
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You guys were right We're F'n Stacked!
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Interesting observation from the game
Dwight Drane replied to nodnarb's topic in The Stadium Wall Archives
Sorry Sunshine......I'll paint my face in rainbows and hand out lollys to my section next game. -
Interesting observation from the game
Dwight Drane replied to nodnarb's topic in The Stadium Wall Archives
Whether or not people think he had a good, average, poor game....he is out of shape. He looks like me walking off the field with that fat-man waddle. Can he play himself out of it....probably. It's just a side effect from holding out that we have been lucky enough to dodge so far. I have to admit I didn't watch Peters for 60 plays...but when I did, he was giving up the sack, letting Trent get hit, and getting pulled. By the 4th it seemed Trent had a better feel of what was happening. -
Interesting observation from the game
Dwight Drane replied to nodnarb's topic in The Stadium Wall Archives
yes....I was swearing at him from the stands...usually I swear at Robert Royal, but Peters got it this week. Peters was getting swooped around on a regular basis. He was walking off the field with a fat man gait...feet at 2 and 10. His jersey is also pulling to the sides.....the dude is out of shape. Chambers came in to start a series after the one horrible sack. Peters looked like Gandy out there for much of the game. Trent took 10 or so good hits, and 3 real big ones that made me watch him after the play. Of course they weren't all on Peters. -
Mark to market has been around as long as I have. Unless you had investment grade stuff on your books, you would have to take a haircut on the value of your holdings. If something defaulted yet was still worth 30 cents....you were taken down to zero. Thems the rules. For years the SEC had nothing better to do then to bust on balls. That is one of the things that gets me about all of this. Our firm was blown apart back in the day because we bought an issue at 50 cents....sold it to customers at just under 60....and the thing paid in full with back interest. You see....we were only allowed to make 5% on the deal. Customers more then doubled their money over time while earning 12% interest, yet they were cheated. That is how I ended up private. Regulation forced us to. It was impossible to be rewarded enough to take on the risk. I never was a broker, just a trader...so it actually worked out better for me in the end. If the SEC marked to market for real....this would have been blown up a year ago.
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I believe I was hinting at the.."grooming" standards of the early 80's. I will give the actual Jills some props....either I'm getting old and desperate, or they have slowly improved their stock the past 10 years or so. Probably both.