He’ll issue an Executive Order to allow EBT cards to be used to purchase NBA tickets.
ragman
December 3, 2014 7:14 am
If the idiot YTs would boycott this most racist of “sports”, it would cease to exist. Add the Negro Football League to the list, especially after the “hands up” display from last weekend.
flash
December 3, 2014 7:31 am
You’ll know the Republic is kaput when?
I’ll take international bail-in for $100.00.
“Bail in” has been sold as avoiding future government bailouts and eliminating too big to fail (TBTF). But it actually institutionalizes TBTF, since the big banks are kept in business by expropriating the funds of their creditors.
It is a neat solution for bankers and politicians, who don’t want to have to deal with another messy banking crisis and are happy to see it disposed of by statute. But a bail-in could have worse consequences than a bailout for the public. If your taxes go up, you will probably still be able to pay the bills. If your bank account or pension gets wiped out, you could wind up in the street or sharing food with your pets.
In theory, US deposits under $250,000 are protected by federal deposit insurance; but deposit insurance funds in both the US and Europe are woefully underfunded, particularly when derivative claims are factored in.
Wow! The implosion of wildly overpriced professional sports has begun! And I wonder how much longer college football and basketball will remain big business as the bricks and mortar colleges implode as well in the Greater Depression/Fourth Turning! These could be distant memories in a decade or so!
Olga
December 3, 2014 1:50 pm
I thought I remembered reading that those in the rock concert biz saw ticket sales falling off a cliff prior to the “official” beginning of the 2008 financial crisis.
varnelius
December 3, 2014 6:52 pm
The 99% are buying Black Friday HDTVs to watch the game from the comfort of their couch.
Obama has a plan.
He’ll issue an Executive Order to allow EBT cards to be used to purchase NBA tickets.
If the idiot YTs would boycott this most racist of “sports”, it would cease to exist. Add the Negro Football League to the list, especially after the “hands up” display from last weekend.
You’ll know the Republic is kaput when?
I’ll take international bail-in for $100.00.
“Bail in” has been sold as avoiding future government bailouts and eliminating too big to fail (TBTF). But it actually institutionalizes TBTF, since the big banks are kept in business by expropriating the funds of their creditors.
It is a neat solution for bankers and politicians, who don’t want to have to deal with another messy banking crisis and are happy to see it disposed of by statute. But a bail-in could have worse consequences than a bailout for the public. If your taxes go up, you will probably still be able to pay the bills. If your bank account or pension gets wiped out, you could wind up in the street or sharing food with your pets.
In theory, US deposits under $250,000 are protected by federal deposit insurance; but deposit insurance funds in both the US and Europe are woefully underfunded, particularly when derivative claims are factored in.
http://www.washingtonsblog.com/2014/12/new-rules-cyprus-style-bail-ins-take-deposits-pensions.html
Circuses are failing? I’m shocked!
Wow! The implosion of wildly overpriced professional sports has begun! And I wonder how much longer college football and basketball will remain big business as the bricks and mortar colleges implode as well in the Greater Depression/Fourth Turning! These could be distant memories in a decade or so!
I thought I remembered reading that those in the rock concert biz saw ticket sales falling off a cliff prior to the “official” beginning of the 2008 financial crisis.
The 99% are buying Black Friday HDTVs to watch the game from the comfort of their couch.
We need to ban HDTV to save professional sports.