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The Credit House of Cards

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April 05, 2007 – Comments (3)

There's part of me that just wants to ignore the whole issue of the credit markets. At this point the unraveling, should it happen, is theoretical and frankly thinking about it makes my head hurt.

What is it that's finally going to trigger trouble? Are hedging practices now sophisticated enough that risk is really minimal? Will we really see more than just cyclical degradation in the operating results of financial firms? Could we end up with a financial tsunami that crashes through global markets and upends the world economy? Is that an ulcer or just indigestion?

So given that it's late and I just don't feel like thinking about this right now, I'm going to instead give you the top ten things to think about besides the credit bubble. Why? Because sometimes you just need to do a little whistling in the dark. 

1. Sanjaya's hair. It's fantastic.

2. Blades of Glory put up some good numbers at the box office. Word on the street is that it's pret-ty bad -- and I mean bad bad, not good bad.

3. Bonds is still hitting home runs and I still don't want him to break Aaron's record. Yeah Barry, it's a black thing.

4. My high school, Seton Hall Prep, is currently ranked #1 in the nation in baseball. Sure the team hasn't played a game yet, but should that matter?

5. The Seton Hall Prep basketball team finished 31-1, losing only to St. Patrick's, the #5 team nationally.

6. Ajit Wadekar was the first Indian to represent the country as Test Cricket player, captain, coach/manager and Chairman of Selectors. (courtesy of Wikipedia's front page)

7. Wikiquote.org has more Big Lebowski quotes than I can shake a stick at. Seriously. I tried shaking a stick at all of them and got too tired to finish.

8. Heather Graham's appearance on Scrubs was probably my favorite of all of her performances.

9. CAPS is not only nutritious, but it's also delicious.

10. I need to learn to dance like this.

-Kopp

3 Comments – Post Your Own

#1) On April 05, 2007 at 12:18 PM, LookMomBoogers (95.57) wrote:

When I start to get a headache from the whole credit thing, I start picking stocks with the old boggle dice, shake'em up and look for interesting 3-4 letter combinations, sometimes I add .pk, it makes for some real fun and occasionally I become the score leader of the really obscure stocks. I've actually tested this vs. my pet monkey who is a dart throwing stock picking wizard and I beat him about 51 percent of the time so it's a sure thing.

Additionally, I hope people start pitching Bonds inside, like way inside, think Sheen and Major League.

 In closing I leave you with my favorite Lebowski quote, "Donnie your out of your element." Sometimes I replace Donnie with 'Boogers.'

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#2) On April 05, 2007 at 1:25 PM, TMFKopp (97.84) wrote:

My monkey always wins hands down. I think it's because I trained him to throw knives (a la crazy monkey in Family Guy) instead of darts. I find that the extra weight of the knives give his throws more predictive power.

I've also run multivariate regression analysis on his "predictions" versus results based on the following variables: knife brand, time of day the throws were made, room temperature as a % of outside temperature, tempo and genre of music being played during the knife throwing, and whether I am encouraging or insulting while he's throwing the knives. I think I've got it down to a science now. 

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#3) On April 05, 2007 at 1:35 PM, Allstar13913 (99.83) wrote:

As Mr. Burns says, "EXCELLENT"

The problem with Bonds is he's a loser who has half the driving power he used to now that he's of the 'roids. 

The only times Bonds can hit the ball now is when its served up on the platter.  Back Bonds off the plate, and his average goes way down.

Im just waiting for Bonds to realize the error his ways like Sorano in major league 2.  now that would be funny.

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