Most of the credit should probably go to Perot who single handedly made that a major issue in the campaign and more or less got Clinton elected. Even though he didn't win, he showed that balancing the budget was a very important issue to a large number of voters.
GLB had little to do with the failure (and prevented a few serious ones--had Bear or Merrill also failed in the manner of Lehman this crises would be much worse). The failing institutions (investment banks) were permitted to operate independantly under the previous prohibition that they not be owned by commercial banks.
That was partly a joke, based on my look at US banking fees and Canadian banking fees they look on average higher for Canadians (which would be expected since there is a much smaller number of banks competing for business). It's pretty rare to have an account service fee (even one that's waived by keeping a certain dollar amount in the account) in the US.
Ever paid an ATM fee in Canada? There's a lot less banking competition there so you pay for the lack of failures with high fees and larger interest rate spreads in the good times. Banks are sort of a put option on all economic activity, so one way to keep them safe is to ensure that the premiums are so large that they don't really lose money except in the worst of times.
If anything it should be tracked by the party that controls congress (you know the ones that actually control spending). I'd attribute most of the reductions in spending during the Clinton years to Perot (single handedly running on an issue and spoiling the election tends to make politicans react).
Banks make money on a spread between loans and their funding costs. That means the interest their loans earn needs to cover the costs of the bank employees, credit losses, and the cost of their funds. Banks borrow at LIBOR (the inter-bank offered rate) which has generally been about 3% for the last couple years. The bank's costs are about 2% (including the 0.5% profit margin). So loans with an expected 1% default rate need a 6% loan, loans with a 4% default rate need a 9% loan. These were originally thought to be 2-3% default rate and loans were made at 7-8% but the default rate will end up being something like 7-8% so the bank will lose a ton on the loans.
The bank massively under priced the default risk, if that's what you mean by BS, then yes. If you mean they shouldn't have charged the borrower that high a rate, then no.
Higher rate, but the rate wasn't high enough (the defaults have been more like those of payday lenders who usually count on 20% of their loans defaulting).
it's/. they take your posting card if you spell everything right. Actually I forgot I wasn't on firefox, where I clearly benefit from spell checking on the fly.
I thought it was common knowledge that men and women had very similar means in almost all intelegence fields, but men had a flatter distribution curve than women (so at the top and bottom there are far more men than women).
It's a large group, but not on the electorate scale. Say 1-2 million true believers on either side. That's enough to make huge waves with a few 20-200 donations, but is tiny when even a national primary starts. So we get candidates that appear very strong, but are different enough from the rest of society that we'll not make any change by ourselves.
Dole, Nixon and Dewey all lost as a President or Vice-President and then went on to run again in the modern era. I'll grant that Dole was more of an honorarium/need to run someone, but the other two ran competitive races or won in Nixon's case.
It's been pretty obvious since Dean's flameout in Iowa that there is an exceedingly vocal minority on both the (libertarian) right and progressive left that is rich and likes politics. However, as devoted as they are they are they are pretty few in number.
The people have already spoken. They want the best hardware specs on the side for the least money with little care about measures of quality that require a little more knowledge. When was the last time you heard of anyone buying an airplane ticket based on anything other than price and time?
Other companies already build similar computers without bloatware, but the prices are higher and they have fewer customers.
14 year olds have natural advantages over older gymnasts. They are smaller and lighter so the same force applied means more rotation in a given period of time. Also, they haven't had as many injuries so they have less fear of a difficult routine. Finally, at puberty women's bodies change in ways that moves their center of gravity from the middle of their bodies lower which makes gymnastics much more difficult. It would be rare for a group of seniors (over 16s) to beat a group of juniors at international competition.
Montana State University's bookstore is student/faculty owned and used book prices purchase are generally pretty near the price of used books at the beginning of the next year.
Of course they only buy back as many as they expect to need so if they go to a wholesaler the price drops.
The Columbia River generates a huge amount of hydroelectric power, but it's somewhat unique as it falls much faster than most rivers with similar volumes. I think there are more than 40 dams on the entire river system.
It's not losses at firms that spark panics, it's losses of loaned money (because it means that other loans will be removed quite rapidly).
The bsuiness so woefully managed only gets to the implosion stage on borrowed money created through fractional reserve banking. Anyone loaning money without depositors will take an much closer interest in the operations.
I think he'd already flipped by the time the Joker came over. When Gordon came in he had already started calling himself two-face. When Joker came, he tried him using the only method he had left, chance.
Re: I appreciated the ending to the story...
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Batman Discussion
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· Score: 1
Ya, it was Alfred, I think he was talking about his British Army unit. It definitely took place in the temporary bat cave (with the square light panels and concrete floor and rising equipment bays).
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Most of the credit should probably go to Perot who single handedly made that a major issue in the campaign and more or less got Clinton elected. Even though he didn't win, he showed that balancing the budget was a very important issue to a large number of voters.
GLB had little to do with the failure (and prevented a few serious ones--had Bear or Merrill also failed in the manner of Lehman this crises would be much worse). The failing institutions (investment banks) were permitted to operate independantly under the previous prohibition that they not be owned by commercial banks.
That was partly a joke, based on my look at US banking fees and Canadian banking fees they look on average higher for Canadians (which would be expected since there is a much smaller number of banks competing for business). It's pretty rare to have an account service fee (even one that's waived by keeping a certain dollar amount in the account) in the US.
Ever paid an ATM fee in Canada? There's a lot less banking competition there so you pay for the lack of failures with high fees and larger interest rate spreads in the good times. Banks are sort of a put option on all economic activity, so one way to keep them safe is to ensure that the premiums are so large that they don't really lose money except in the worst of times.
If anything it should be tracked by the party that controls congress (you know the ones that actually control spending). I'd attribute most of the reductions in spending during the Clinton years to Perot (single handedly running on an issue and spoiling the election tends to make politicans react).
Banks make money on a spread between loans and their funding costs. That means the interest their loans earn needs to cover the costs of the bank employees, credit losses, and the cost of their funds. Banks borrow at LIBOR (the inter-bank offered rate) which has generally been about 3% for the last couple years. The bank's costs are about 2% (including the 0.5% profit margin). So loans with an expected 1% default rate need a 6% loan, loans with a 4% default rate need a 9% loan. These were originally thought to be 2-3% default rate and loans were made at 7-8% but the default rate will end up being something like 7-8% so the bank will lose a ton on the loans. The bank massively under priced the default risk, if that's what you mean by BS, then yes. If you mean they shouldn't have charged the borrower that high a rate, then no.
Higher rate, but the rate wasn't high enough (the defaults have been more like those of payday lenders who usually count on 20% of their loans defaulting).
Nope but requiring them to do it does, the CRA isn't really an optional law.
it's /. they take your posting card if you spell everything right. Actually I forgot I wasn't on firefox, where I clearly benefit from spell checking on the fly.
Whiskey is for drinkin'; water is for fighting over.
I thought it was common knowledge that men and women had very similar means in almost all intelegence fields, but men had a flatter distribution curve than women (so at the top and bottom there are far more men than women).
It's a large group, but not on the electorate scale. Say 1-2 million true believers on either side. That's enough to make huge waves with a few 20-200 donations, but is tiny when even a national primary starts. So we get candidates that appear very strong, but are different enough from the rest of society that we'll not make any change by ourselves.
Dole, Nixon and Dewey all lost as a President or Vice-President and then went on to run again in the modern era. I'll grant that Dole was more of an honorarium/need to run someone, but the other two ran competitive races or won in Nixon's case.
It's been pretty obvious since Dean's flameout in Iowa that there is an exceedingly vocal minority on both the (libertarian) right and progressive left that is rich and likes politics. However, as devoted as they are they are they are pretty few in number.
Wouldn't that be a compliment 'round these parts?
That they don't mind a trip to the store that costs $30 to save $100 on their computer?
The people have already spoken. They want the best hardware specs on the side for the least money with little care about measures of quality that require a little more knowledge. When was the last time you heard of anyone buying an airplane ticket based on anything other than price and time?
Other companies already build similar computers without bloatware, but the prices are higher and they have fewer customers.
The other biggies are welfare and health care. If you combine Social Security and medicare, the vast majority is going to welfare and health care.
14 year olds have natural advantages over older gymnasts. They are smaller and lighter so the same force applied means more rotation in a given period of time. Also, they haven't had as many injuries so they have less fear of a difficult routine. Finally, at puberty women's bodies change in ways that moves their center of gravity from the middle of their bodies lower which makes gymnastics much more difficult. It would be rare for a group of seniors (over 16s) to beat a group of juniors at international competition.
A belly flop stings but doesn't usually break bones like a missed vault.
Montana State University's bookstore is student/faculty owned and used book prices purchase are generally pretty near the price of used books at the beginning of the next year.
Of course they only buy back as many as they expect to need so if they go to a wholesaler the price drops.
The Columbia River generates a huge amount of hydroelectric power, but it's somewhat unique as it falls much faster than most rivers with similar volumes. I think there are more than 40 dams on the entire river system.
It's not losses at firms that spark panics, it's losses of loaned money (because it means that other loans will be removed quite rapidly).
The bsuiness so woefully managed only gets to the implosion stage on borrowed money created through fractional reserve banking. Anyone loaning money without depositors will take an much closer interest in the operations.
I think he'd already flipped by the time the Joker came over. When Gordon came in he had already started calling himself two-face. When Joker came, he tried him using the only method he had left, chance.
Ya, it was Alfred, I think he was talking about his British Army unit. It definitely took place in the temporary bat cave (with the square light panels and concrete floor and rising equipment bays).