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Catwhoshatinthehat

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Everything posted by Catwhoshatinthehat

  1. Catwhoshatinthehat
    No need save for a rainy day when you can pass the cost on to taxpayers. Kind of like CalPERS playing it fast and loose then when their investments shit the bed they go after cities and taxpayers for the difference.
  2. Catwhoshatinthehat
    Politicians love to pass things like this when there's a "surplus" because they can get away with it and they know it won't ever stop even when they're in the red and going after taxpayers for more revenue.
  3. Catwhoshatinthehat
    Worst first half drop in the market in 50 years: https://www.bbc.com/news/business-62005360
  4. Catwhoshatinthehat
  5. Catwhoshatinthehat
    Those cups look like they came with a combo meal.
  6. Catwhoshatinthehat
    I mentioned in the 2022 Midterms thread that you can never discount the ability of either side to do something that costs them seats particularly the R's. Like the 2020 election where Trump egged people on who normally may not vote to vote against him and his platform I think this will have a similar effect particularly in battle ground states.
  7. Catwhoshatinthehat
    Not just outkick: https://news.yahoo.com/biden-accidentally-flashed-cue-card-104115491.html
  8. Catwhoshatinthehat
    Subprime lending definitely played a part. Mortgages of all types were grouped into CDOs that initially paid a high rate of return but over time various institutions got more creative with the CDOs due to little or no regulation because money was being made. Normally the mortgages of varying types would have a low default correlation as you wouldn't expected more qualified buyers to find themselves in a situation similar to less qualified buyers while the tranches in CDOs reflected this belief. When the bottom fell out and housing prices crashed even the "safe" tranches in CDOs got hammered because more qualified buyers watched their equity get wiped out and lost jobs. At it's peak before the crash subprime lending supposedly represented ~21% of the mortgage originations which was double the amount a few years before. Plenty of blame to go around and hopefully we won't see history repeat itself but if it does I hope the government stays out of it.
  9. Catwhoshatinthehat
    Oil Company profit margins are historically lower and in some cases much lower than other industries like insurance, pharmaceuticals, restaurants, soft drink companies and so on. The federal government takes ~7x what the oil companies make via federal gas taxes and yet they seem to take less criticism for how that money is spent or how many roads they're responsible for that are in poor shape. It's always easier for our elected officials to point the finger at corporations rather than looking at how efficiently and effectively the money the bring in is spent.
  10. Catwhoshatinthehat
    Perhaps he meant unprecedented growth in inflation and that US families are saving at the lowest rate since 2008. A lot of talk is US stock indices have another 10-20% to decline. Crypto has gotten crushed which has me interested in BTC/ETH as a lottery ticket but sentiment is it has further to fall and I don’t know if I’ll have the risk appetite for it. Rising mortgage rates and reportedly the lowest number of mortgage applications in 22 years seem to point to a correction in housing but time will tell and every market is different. Locally there’s more houses on the market and it seems like a lot are having price drops.
  11. Catwhoshatinthehat
    We have Biden because the other candidate is a piece of human excrement who only cared about himself. Amazingly he could have been re-elected if he would have just shut up but his ego wouldn't allow that and instead he pissed off people who normally wouldn't have voted so that they voted against him which is a mindset that ironically helped him beat Hillary.
  12. Catwhoshatinthehat
    Apparently they want the fans in attendance to suffer even more https://www.yahoo.com/sports/angels-nickelback-walk-up-songs-amid-12-game-losing-streak-030542592.html
  13. Catwhoshatinthehat
  14. Catwhoshatinthehat
    F'in Madison.
  15. Catwhoshatinthehat
    Makes about as much sense as any other reasoning for the cops response:
  16. Catwhoshatinthehat
    I think everyone realizes that now but people are trying to figure out exactly why they did nothing because that's the exact opposite of what they should have done. Initially their story kept changing and now you've got records of kids in classrooms calling the cops begging them for help. Even if the message came from the top I don't understand how one of the officers with a conscience could stand down. Just rotten from the top down. Like UTH said they need to get them out ASAP especially now that they aren't cooperating.
  17. Catwhoshatinthehat
    I wonder if Arte's age factors into how any of this plays out as he's 75 now and the team is here for at least 7 more years. Does anyone know if any of his family or anyone else is involved from an ownership standpoint? I know he's the guy it's just that at a point some owners seem to hand some functions off usually to their kids.
  18. Catwhoshatinthehat
    https://www.yahoo.com/news/border-patrol-tactical-team-ordered-170904118.html Feds say it was a clusterfuck when they arrived, local swat could have responded sooner and local police kept them from going in earlier. Hollywood couldn’t write up a more ridiculous way for the response to have played out.
  19. Catwhoshatinthehat
    https://www.wsj.com/articles/uvalde-residents-voice-frustration-over-shooting-response-11653588161 So according to the timeline outlined by the Texas department of public safety the guy was outside the school for 12 minutes before he went in. He fired at people across the street at a funeral home which led to someone calling the cops, hopped a fence and made his way into the school. He exchanged gunfire with cops who arrived then locked himself in the classroom and killed those kids and teachers. Those cops sat outside for an hour until the border patrol tactical team went in and killed him. The guy was absolutely a threat and they should have gone in. Maybe TORS can chime in and correct me but I can’t imagine anything procedure wise says to not go in and stand down for an hour. They had to have heard him shooting in the school.
  20. Catwhoshatinthehat
    I can't tell if you're being sarcastic again or not. According to every account reported so far shortly after entering the school and barricading himself in the shooter opened fire. I understand that if shots haven't been fired then you get a negotiator and try to talk the person down. Once the situation becomes an active shooter situation policy or just common sense should dictate that they need to go in. Otherwise said shooter could just go to classroom from classroom killing kids until swat or whatever response team arrives.
  21. Catwhoshatinthehat
    Those who sat outside should be charged, lose their job and their pension but I know pension rules vary by state. Probably a sacrificial lamb or two and paid leave for others but that's me being jaded and expecting the good old boys club to circle the wagons.
  22. Catwhoshatinthehat
    Your reason assumed the home owner may have had a high capacity magazine weapon. Even setting that aside your logic is that anything can happen so if you get invaded by multiple people (which is extremely rare) that you need your a high capacity magazine weapon at the ready to fire however many rounds. I never mentioned banning all guns and frankly the courts can and do change laws which is what hopefully happens here. Some states banning or limiting magazine capacity accomplishes nothing when I a California resident can go to a gun show in Nevada or Texas and buy there whatever I can't get here.
  23. Catwhoshatinthehat
    Sarcasm doesn't always translate on a message board nor did it seem to belong given I thought we were having a serious discussion after 21 people just got mowed down 19 of which were kids.
  24. Catwhoshatinthehat
    So you quote one article you don't even know all the details of the story and imply that supports high capacity magazine rifles? As to the bolded part let's start with a ban first and go from there. Banning them won't make them disappear but it would make it harder for the next soon to be 18 year to acquire one.
  25. Catwhoshatinthehat
    There's likely no reason you need a high capacity magazine rifle. I know people that have such weapons and most of them go out to the desert, get drunk and shoot up shit. That's probably what you do maybe sans the alcohol and that's not a need. As long as you aren't getting mowed down by the 0.1% I guess it's no big deal. Gun control measures or rather getting rid of the sale of certain weapons would be the first step while we try to address the mental health crisis. No reason it should be just one or the other. We'll agree to disagree but sitting here saying removing one of the parts of the equation isn't viable because of ________ is a cop out. Have to start somewhere.
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