Jump to content


HuskerNBigD

Members
  • Posts

    2,119
  • Joined

  • Last visited

Posts posted by HuskerNBigD

  1. 13 minutes ago, knapplc said:

    Going through it all, it became so clear to me that these were no different myths than from any other religion of the time

     

    Pretty much how I feel.

     

    The messages and ideals portrayed in various religious texts across the world have morally sound principles, but people can ascribe to those without the fear of god hanging over there head. At the end of the day, individuals should, hopefully, live their life to the fullest and try to leave the world in a better place for future generations. I have an extremely hard time justifying why I need to have something reinforce these habits on a weekly basis - especially when such entity serves as an instigator of major global conflicts, preys on vulnerable, and continues to coverup heinous crimes committed by representatives. 

    • Plus1 2
    • Thanks 1
  2. 3 hours ago, Danny Bateman said:

     

    Thanks for the insight. I'm pretty green when it comes to economics, but I've read a couple Krugman books and he's actually catching a ton of flak for even suggesting that the BLS might have been politicized for the benefit of Trump.

     

    Given the massive amount of corruption in Trump's federal gov't right now, I don't think it's likely, but certainly not impossible.

     

    Ultimately I agree though that these numbers may be due to a ton of noise right now. I'll be very interested to see revisions on them, which we won't get until next month and the month after.

     

    For example, they revised the Q1 GDP to be even worse than it appeared at some point in April or May.


    looks like we already have our answer lol

    94CEE9BB-08BC-472C-9BC5-553AC1596AED.png

    • Thanks 2
  3. 35 minutes ago, BigRedBuster said:

     


    I’d take these numbers with a huge grain of salt. There’s a forensic accounting / research company that has had a hard time tying numbers at a state level to the aggregated national level. I’m not sure how this is feasible, but this administration only has the perceived success of the economy (but more importantly the stock market) to hang its hat on. I wouldn’t put it past them to have a bit of shenanigans going on here. 
     

    I mean, when is the last time we’ve had a president decide to host a press conference for still abysmal numbers in absolute terms, granted they look “better” on a relative basis compared to estimates and recent figures? Revisions are more than likely to occur. 

    • Plus1 2
  4. 28 minutes ago, commando said:

    and some people who say they hate trump won't vote for biden.    i don't understand them.    i understand the trumpers who have been brainwashed by the right wing propaganda machine....but i am lost with people who are not far right wingnuts who think biden is worse then trump.   

    I lean right and I’m 100% voting for Biden come November. 
     

    edit: to be fair, over the last few years I’d no longer even say I lean right. With much of the leadership falling in line with Trump, I can’t say I consider myself to share values with republicans anymore. 

    • Plus1 2
    • Thanks 2
    • Haha 1
  5. 2 hours ago, Decked said:

    Lamar is basically a safety playing corner that doesn’t wrap up or like tackling with average straight line speed and poor side to side mobility. He was a decent college corner that showed improvement but I’m not sure why anyone would think he is worthy of being drafted in the first 5 rounds. Maybe 7th as a project. 

    So much this. 

  6. 8 hours ago, Landlord said:

    I've heard from four different people with friends/family in the government to expect a nationwide lockdown with no travel or leaving home except for emergencies starting either monday or sometime early next week.

    I’d imagine leaving home to get groceries would still be acceptable, right? If not, imagine the hysteria at the local super markets over the next few days. Be worse than it already is. 

  7. 39 minutes ago, knapplc said:


    So, they want to give families approximately 1/5,000th of what they gave the stock market.

     

    Maybe I should be voting for Bernie.


    apples to oranges. The Fed was responsible for the infusion of capital, lowering interest rates, and other QE measures. This would be Congress. And at least it’s a start, more than our President seems to be offering or suggesting. With >209MM adults in the US that’s a far cry from 1/5000th. 

  8. 1 hour ago, Frott Scost said:


    Put another 1.5 trillion in it to help for 30 min like the other day. Screw people like @BigRedBuster and @JJ Husker and other small business owners who could have actually benefitted from that money to help keep their businesses from going bankrupt. Anything to help the big bankers though, right?

    Sounds like you need a refresher on monetary policies, and the Fed’s roles and responsibilities, including its jurisdiction. 
     

    but kuddos on the snide comment. 

  9. 19 minutes ago, BigRedBuster said:

    I was assuming the "gas prices" he's talking about are gas prices at the pump for your car.

    Ah, you're probably right. Didn't even think of it in that terms, tend to take a myopic view given that my profession is centered on capital raising for the various hydrocarbon producers (Energy Investment Banking). So that is correct, from a fuel standpoint this is a good thing.

    16 minutes ago, Danny Bateman said:

     

    Thanks for your insight.

     

    Admittedly I'm not well versed in this stuff and a lot of what you said is difficult for me to decipher. In your opinion is this deal a net negative for the economy and if so, how big of one?

    No worries, energy is one of the more esoteric / highly nuanced industries when it comes to lingo. Add on the finance lingo (which again seems to be way too complicated for what it really is - accounting), and its just entirely too complex.

     

    With regards to the net positive stance, I'd say highly dependent on regional dependence. For example, at a macro level, its positive as @BigRedBuster alluded to with the decrease in energy / gas prices. But that is only as far as consumers continue their trend of consumption. Which is a bit more cloudy, since we aren't too sure how big of an impact coronavirus will have on the economy / consumer trends. If everyone foregoes traveling (i.e. utilization) it is almost a wasted benefit. The country's GDP is also less impacted by the energy space (due in large part to the oversupply from increased production which has resulted in lower gasoline prices over the last ~4-5 years), which means you'd expect the consumers to benefit with less than historical norm headwinds associated with lower profits from the independents. Here in Texas, the economy will be a bit more negatively impacted, just due to the value chain shutting down (i.e. lower skilled workers who make $80-100k in the oil fields will no longer be in demand).  It is quite fascinating seeing all the red on the RBCRichardsonBarr website, which tracks most of the O&G names.

     

    http://www.rbcrichardsonbarr.com/

     

    Edit: With regards to your initial question, you should see a quicker impact on gasoline prices than ~6 weeks. Sorry, almost forgot to answer that!

     

    • Thanks 1
  10. 2 hours ago, Danny Bateman said:

    So Trump seems like he's handling the stock market melting down well.

     

    "Oil down, good for gas prices!"

     

    (FYI I looked this up last night and it should take ~6 weeks for gas prices to reflect the drop in crude prices.)

    Yeah, I'm not sure Trump fully understands the value chain associated with nat gas production. Our oversupply is a by product of Shale production, which means it'll take quite some time for any sort of positive bounce in Nat Gas prices to be realized. As you said, strip pricing has bumped up, but is still hovering around $2/bbl. 6 months is far too long for Aramco to keep prices as depressed as the market currently has them priced, based of spot prices. People seem to forget that Aramco is still in the midst of trying to IPO on various exchanges and the depressed prices will not bode well for their offerings (stock is currently trading below what it IPO'd at on the local Saudi exchange).

  11. 8 minutes ago, ColoradoHusk said:

    Kids just need to be full-time students, and do well enough in the classes to be eligible.  That's a minimum of 12 credit hours during the fall and winter semesters, and I don't know if they are "allowed" to fail any classes.  Interesting that Bradley was named to the team honor roll in 2019.

    Here's what's sad, when I was in college (2008-2012) the minimum GPA to compete for the NCAA was a 1.8. You read that correctly, a 1.8

  12. 4 hours ago, BigPeterJ said:

    I dont think recruiting has been our problem.  Despite not winning anything of national significance in 15 years, we consistently pull higher sought after recruits than anyone in our division.  Start winning, and we will get a few more studs.  We already get enough that we should be winning our division half the time.

    While I don't think we've had issues recruiting for a divisional title, I was thinking a bit more ambitiously (conference and national title contender). I'd agree we have the talent to win the West, just need development and fine-tuning of coaching, both of which are definitely obtainable.

  13. I'll go ahead and say it, I believe we're at a point in time where having a bag man, or handler, is just the norm. Whether it is right or wrong is another debate and one that I really don't want to delve into, but if we're to be competitive in the recruiting process we need to be willing to play the game.

×
×
  • Create New...