stevenash

You may be right if you honestly believe the addition of one player somehow makes the perimeter defenders more likely to cause turnovers. If an opponent got the game to be decided in the last 30 seconds, they did not play too fast. As for the third quarter "pull away", if if was possible, it would have happened.

My point was that, in the last 10 years, our guards dealt with the pressure better than they have in the past and I don't recall an intercepted half court pass that turned into a layup for the opposition. I saw the game( haven't missed one since 2000) and am therefore qualified to make that observation. I believe that has MUCH to do with the predictions of a 25-30 point blowout being inaccurate.

Last Friday night is a good illustration of your statement(s)

I happen to have access to a leading economist and I sent him an email enclosing a copy/paste of this comment by you: - Sloan School of Management- The reduced down payments and other incentives by the fed applied only to properties in the community reinvestment zones.- a small percentage of total foreclosures. The derivatives market provide the prime vehicle to fuel the greed. this individual speaks on CNBC multiple times each month and is a member of the Academic Advisory Council to the Federal Reserve. Upon reading the copy/paste statement regarding your Sloan School of Business claim, he responded as follows. "Totally disagree. It’s a long answer and it would be great if the individual read Wallison’s book. He was on the Crisis investigation committee. Can’t remember the actual name of it, but it was put together by the government. I haven’t seen the Sloan piece. " I suspect he "hasn't seen the Sloan piece because there probably is no piece but rather a comment from someone affiliated with Sloan that you cherry picked. Am I right? If not, please send me the link and I will forward to him. I will say once more that securitization of mortgages through derivative devices is not what caused people to default on their loans . If the loans performed, the associated securities performed. I have also emailed a close personal friend who has been a business professor at Stern School of Business at NYU for over 40 years and will pass on his response if an when I receive it.

And I want to know how the derivatives caused the mortgagees to not honor their obligations?

Defaults on the loans are what caused the investment vehicles to not perform, be it the actual loan itself or the derivative created in relation to the loan. Derivatives DID NOT, under ANY CIRCUMSTANCE, cause the borrowers not to make mortgage payments.

I am sure you will be told that "that's one point of view"

UT Alum- in regard to your question about unsound business practices and elected "responsible" representatives- Is the US Postal service being operated responsibly? Was Solyndra a sound business practice? Is paying for the sex change of prisoners a prudent financial decision? Was it sound business practice when GM defaulted to its bondholders and , shortly thereafter, the Unions were given 17.5% of all GM common stock, and $6.5 billion of preferred stock as part of the reorganization?

Please point me toward an article regarding your 300 mortgage lenders who crashed. Even before I look into it, I am strongly convinced that many of those lenders made those loans based on FHA guarantees. The expansion in risky mortgages to underqualified borrowers was encouraged by the federal government. The growth of "creative" nonprime lending followed Congress's strengthening of the Community Reinvestment Act, the Federal Housing Administration's loosening of down-payment standards, and the Department of Housing and Urban Development's pressuring of lenders to extend mortgages to borrowers who previously would not have qualified Please do me a favor and read " Hidden in Plain Sight" by Peter Wallison. Fannie Mae and Freddie mac owned 76% of ALL SUBPRIME debt. And, by the way, the Community Reinvestment Act was a federal law, not a program.

It is precisely what happened.

Postal service has been effectively bankrupt for years and continues only because uncle sam can write a check to cover a check. Just think how many of these situations we would have if the government had more involvement in business. By the way, in Norway, the govt is the largest shareholder in the 10 largest industries in the country. Wouldn't it be great if Nancy Pelosi and/or Pocahontas had more say in what went on in the business world? Please, give me a break.

at the behest of the fed and the guidelines they instituted The expansion in risky mortgages to underqualified borrowers was encouraged by the federal government. The growth of "creative" nonprime lending followed Congress's strengthening of the Community Reinvestment Act, the Federal Housing Administration's loosening of down-payment standards, and the Department of Housing and Urban Development's pressuring of lenders to extend mortgages to borrowers who previously would not have qualified. Meanwhile, the government-supported mortgage lenders, Freddie Mac and Fannie Mae, grew to own or guarantee about half of the United States' $12 trillion mortgage market. Congressional leaders pointedly refused to moderate the distortions created by the government's implicit guarantee that the firms would not be allowed to fail, which was the catalyst for their rapid expansion. Instead, Congress pushed them to promote "affordable housing" through expanded purchases of nonprime loans to low-income applicants.

Pretty brief comment. Are you telling me that the reason so many people defaulted on their home loans is due to some inadequate documentation? I am quite anxious to discuss that complete scenario with you.

It started with our leaders deciding that, in order to make society more "inclusive" and let more people realize "the American dream" they were going to make it easier to buy a home. Got way out of hand and the results prove that.

Where is Da Dove on this. this topic came up years ago and he was fully convinced that Yates never ever brought in a basketball player. My favorite thing is several years ago, HJ was playing Yates in playoff game. In looking at the program, they listed the hometown of the starters. One of them from Yates listed a town in New Jersey to go with the four listed from Houston for Yates.

[Hidden Content]

If you call them illegal immigrants , you must go to sensitivity training even though they are exactly that. Where is your "compassion"?

If Norway is the best model, why has no other country replicated it? wonder what the cost of that great program is without considering taxes? [Hidden Content]

UT alum- Let me pose a hypothetical to you and then please convince me I am wrong If we, for illustrative purposes, establish a new country with 100 residents and give each of them 1 million dollars to get started. I submit to you that, after 10 years, some of them will preserve the million dollars, some will increase it, and some will lose it all for one reason or another. At the beginning, the wealth was divided equally amongst all of the residents. After those first ten years, someone ( who claims to be very caring and compassionate) can step up and claim the system is unfair because perhaps 20% or 30% don't share in the wealth of their great country. I am going to further submit that, at that point, a "fairness/equality tax "is instituted to give those who no longer have their million, another chance. I'll bet you a dollar to a donut that, 10 years later, the same circumstance will exist with virtually all of the people in the same situation that they were in after the first 10 years. I firmly believe that government should have a very limited role in those issues and that there will ALWAYS be a segment of the population that are the have nots. The federal government cannot alter that as Venezuela and Greece have so obviously proved. The result in both of those cases is that nobody has much of anything because the government, essentially said that they could distribute wealth more effectively than the markets can.

Hmmm overall outcomes not any better? And yet so many people come here for medical care. M.D. Anderson has as many international customers as they do domestic ones. I am really amazed that we so often refer to "the other countries" ( as thought they "know" something that we don't) as though we should emulate them and this country is the top economic and medical destination on earth.

An oversized and overly intrusive government has us trillions of dollars in debt due to bloated ineffective programs that are too large to manage and keep out corruption.

I shouldnt have said that. Venezuela has done a great job of making things equal. Everyone has nothing.

I think he is condescending to someone who is not from a large metropolitan area. And all this time, I thought the dems were the ones who demanded we treat all people with dignity and respect?

Yes, all road games( relatively speaking) are tough for Htown.