Monday, September 14, 2009

Monday Station Break

With the New England Patriots opening up tonight on Monday Night Football, and at a 7pm start, I will not have the time to post this evening.

Some items for review:

Kevin Depew's Five Things You Need to Know reviews some myths and misconceptions still lingering a year after Lehman.

Plenty of coverage was given to Singapore's Ghost Fleet of anchored freight transport ships, and it certainly is a contrarian take on the "All is Well" mindset.

Judge Rakoff refuses to play ball and allow the SEC to pretend they are doing their job by rejecting the BAC/SEC settlement and moving forward with a trial. This is going to have to go away very soon unless you want to replay "systemic risk" marathon.

As I am a Wikipedia addict and read probably over 50 articles a day, I tend to come across little tidbits here and there. While learning about president Hoover this morning, I found it interesting to learn that FDR ran against Hoovers' policies, then later adopted said policies and expanded them! Relevant section (under the Economy Header section):
Franklin D. Roosevelt blasted the Republican incumbent for spending and taxing too much, increasing national debt, raising tariffs and blocking trade, as well as placing millions on the dole of the government. Roosevelt attacked Hoover for "reckless and extravagant" spending, of thinking "that we ought to center control of everything in Washington as rapidly as possible," and of leading "the greatest spending administration in peacetime in all of history."[37] Roosevelt's running mate, John Nance Garner, accused the Republican of "leading the country down the path of socialism".[38]

These policies pale beside the more drastic steps taken later as part of the New Deal. Hoover's opponents charge that his policies came too little, and too late, and did not work. Even as he asked Congress for legislation, he reiterated his view that while people must not suffer from hunger and cold, caring for them must be primarily a local and voluntary responsibility.

Even so, New Dealer Rexford Tugwell[39] later remarked that although no one would say so at the time, "practically the whole New Deal was extrapolated from programs that Hoover started."

As usual, common held beliefs (FDR saved the country by ending Hoover's "hands off" approach) are not exactly that simple.

Have a good night.

4 comments:

getyourselfconnected said...

OMG!!
While a great comeback win for the Pats, some real issues:
-defense was faster (ie younger) but no better and probably worse
-the offensive line looked like they got old overnight
-Brady is not 100%
Still, a stirring win.

Preseason, Pats #3 or 4 (behind Steelers, Giants, Eagles) to me now #7 (add Falcons, Chargers, and Ravens).
Still, fun game to watch!

GawainsGhost said...

That was a crazy game. I missed the first half, because I had some things I needed to do. But when I turned on the tv and saw Buffalo up in the 3rd, I freaked. The Bills are better than I thought, or the Patriots miss their veterans more than they thought they would.

It's difficult to keep teams together these days, and it takes time for young players to develop. But when the game was on the line and there were plays to be made, guys stepped up and made them to win. That says a lot.

If that kick returner had taken a knee in the end zone, and the Bills had started at the 20, they probably would have won. But, no, he tried to make something happen he shouldn't have and ended up getting the ball stripped. That was a grievous mistake.

Brady may not be 100%, which is not surprising given the severity of his injury and the length of time away from the game, however when he was given the opportunity to win, he did. That's the mark of a champion.

Football is a game of inches and seconds. If you look at the total amount of time spent playing, between snap and whistle, 4 to 5 seconds per play, it's really only about 15 minutes per game. The rest is huddles, lining up and the like. That's all part of the game, it's true, but actual plays take up less than a quarter. Every game turns on 2 or 3 plays, in 10 or 15 seconds. So, when there is a play to be made, you have to make that play, because if you don't that's the game.

In the end, the Bills had one play to make to win. They didn't and lost. The Patriots had two plays to make to win. They did and came away with a victory. That's football. 3 plays, 15 seconds, the game was lost and won in that short time span.

Anonymous said...

>As I am a Wikipedia addict and read probably over 50 articles a day...


Wow, do you have a job???

watchtower said...

I turned on the game late into it and thought there was no way they were going to pull that one out, but to use an old cliche:
They pulled victory out of the jaws of defeat.


Is anyone following Glenn Beck and his exposure of ACORN?
Pretty incredible IMO, not that I don't believe that the're not people out there like that, but that Glenn Beck isn't pushing up daisies by now.