PM Roundup: Golf Misses Tiger, Packers Miss Rodgers
Baseball, Blogging, College Football, Courts, Legal, Fans, Golf, Media Gossip/Musings, NFL, Politics, Video September 29th. 2008, 3:30pm
Because she’s off the market: Scarlett. Also: Yes.
Kevin Johnson’s Mayoral bid in Sacramento keeps hitting snags. (Sac Bee)
“In the 12 events since [Tiger's] last tournament [ratings] have averaged a 1.6 rating/4 share for their weekend coverage, marking a 36 percent drop from 2007.” (Sports Business Journal)
Need4Sheed gets some mainstream media love. (Flint Journal)
Congrats to Keith Law for edging Jon Heyman for 1st in baseball prediction accuracy. We placed 7th. (Where I Stand)
If Aaron Rodgers’ shoulder is busted, Matt Flynn’s going to be the guy. (Journal-Sentinel)
A few days late, but Patriots fans are worse than Yankee fans. (CBS Sports)
Playboy pinup is about to testify in the $800k suitcase trial. (Miami Herald)
Some of these bitter Mets fans are hilarious. (NY Mets Tailgate)
Ben Sheets, done for the season. (Capital Times)
Woody Paige is sucking down the Cutler Kool-aid – he thought Denver would win, 45-0. (Westword)
Looking bad on the Cubs awesome regular season. (Bleed Cubbie Blue)
Shaq and midgets in commercials. (NESW Sports)
If things weren’t already bad for Willingham: QB Jake Locker out six weeks. (Seattle Times)
131 Responses to “PM Roundup: Golf Misses Tiger, Packers Miss Rodgers”
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September 29th, 2008 at 3:32 PM
wow, no bailout?
September 29th, 2008 at 3:33 PM
Wait, they still play teh golf when Tiger’s hurt?
September 29th, 2008 at 3:34 PM
no, that’s why the ratings are down.
September 29th, 2008 at 3:36 PM
landmark moment in US history, folks. no hyperbole. hold on to your jobs, and more importantly, hold onto your cash.
(and gold and silver)
September 29th, 2008 at 3:37 PM
$800k suitcase trial
strange story and it is funny that the money was supposed to go to hugo chavez. I still havent gone to Citgo since i found out that cocksucker owns that
September 29th, 2008 at 3:37 PM
what a mess…house republicans saying they didn’t vote for it because their feelings were hurt by the speaker…
September 29th, 2008 at 3:37 PM
Amazing how golf ceases to exist when Tiger is out. Not a sport!
September 29th, 2008 at 3:38 PM
The sky is falling! The sky is falling!
September 29th, 2008 at 3:38 PM
Looking bad on the Cubs awesome regular season.
Freudian slip?
September 29th, 2008 at 3:39 PM
You had me at Shaq and midgets
September 29th, 2008 at 3:39 PM
TBL-There is going to be a bailout it just is going to be reworked.
September 29th, 2008 at 3:39 PM
the sox website says rain is forecast until 5cst. ugh.
September 29th, 2008 at 3:40 PM
As a Patriots fan, I have to agree with everything in the CBS article. It’s pitiful that fans were booing and leaving early in the Miami game. It’s a combination of too much success too soon for the fans, which then leads to the corporate tickets. I guarantee that most of the fans that were leaving weren’t the people sitting in the metal bleacher seats at Foxboro Stadium from 1960-2001.
September 29th, 2008 at 3:41 PM
wow the dow is down 700. call me crazy but i would say that the drop after the bailout failed is a good sign that the market may get worse if this thing isnt passed.
but they want my money and guns to fund it. fuck you fatcats! dey took er jerbs!
September 29th, 2008 at 3:42 PM
I think the strangest part about the failure of the bailout vote was the division. The republican White House was for it, the House democrats were for it at almost 3-2 and the House republicans were agaisnt it 2-1.
September 29th, 2008 at 3:42 PM
TBL: Aaron Rodgers only has a sprain.
At least, that’s what I’ll be murmuring as I fall asleep. I’m not sure Jason Bourne’s powers extend to quarterback.
September 29th, 2008 at 3:42 PM
When did Bill Simmons start commenting here?
September 29th, 2008 at 3:43 PM
they can take my money but they’re not touching my beretta!
September 29th, 2008 at 3:44 PM
@Tampa… I wouldn’t bet my own cash on it. The damn politicians (on BOTH sides) are to damn worried about going back home to stump for re-election. While some sort of package MUST happen, I don’t feel good about it happening. It has turned into POLITICS instead of SURVIVAL.
Folks, this is very, very bad. No Purdue Matt jokes, no smart ass comments. This has potential utter destruction of our country’s economic core written on it. Things move so much faster now than they did 80 years ago, so the damage may very well be catastrophic.
September 29th, 2008 at 3:45 PM
I moved all of my TSP holdings (gov’t version of 401k) out of stocks and into government securities last November when this subprime stuff starting getting messy. Needless to say, I’m glad I did that.
September 29th, 2008 at 3:45 PM
So, what should we do Wally? What can we do?
September 29th, 2008 at 3:46 PM
I still havent commented on here about politics. I like to keep it just sports and tits. But i agreed with the houses decision to vote against that bailout plan
September 29th, 2008 at 3:46 PM
@Wally: How can you be so sure that doing something just for the sake of doing something is going to bring about a cure that is not better than the disease?
I’m not saying we should do nothing, but we can’t just panic and do something without rationally thinking through it.
September 29th, 2008 at 3:46 PM
SELL! SELL! SELL!
/Billy Ray Valentine
September 29th, 2008 at 3:47 PM
@TBL- no mention of Wachovia being bought out by Citi Group?
September 29th, 2008 at 3:47 PM
Everything is great!
/PurdueMatt
/I don’t listen well
September 29th, 2008 at 3:47 PM
its funny to see Mike Greenberg’s name at the bottom of any list.
September 29th, 2008 at 3:48 PM
You gotta stop the bleeding somehow. This may not have been the best plan, but it’s not as simple as people make it seem. It’s not just throwing taxpayer money to save the rich. It’s to preserve the entire infrastructure of the economy
September 29th, 2008 at 3:49 PM
Is the Cubs winning the World Series a sign of the end of the world?
September 29th, 2008 at 3:49 PM
I’m curious to hear the reasons why people here are against the “Emergency Economic Stabilization Act of 2008″.
September 29th, 2008 at 3:50 PM
This needed to be done, how long can businesses be expected to survive when the access to credit has virtually been stopped. Had the Bush administration not built up so much ill will the past 7 years, they might have been able to sell this thing better.
September 29th, 2008 at 3:50 PM
this is rather eye-opening
(unless you own SKF)
September 29th, 2008 at 3:51 PM
Heres an Idea legalize marijuana!
September 29th, 2008 at 3:51 PM
That’s Mets Tailgate link is tremendous.
September 29th, 2008 at 3:52 PM
it will be under 10000 this week, for sure. keith law and i disagreed on this big-time, so much so that i asked him about it.
http://thebiglead.com/?p=5196
September 29th, 2008 at 3:53 PM
you have my vote and spencers vote
September 29th, 2008 at 3:53 PM
Someone needs to introduce Aaron Rodgers to Favors old pain pill dealer in Green Bay.
September 29th, 2008 at 3:54 PM
Honestly, I haven’t seen anyone anywhere with a better answer than the bailout proposed. Doing nothing isn’t the answer.
If the banks are scared about going under, the entire credit market will seize up and stop working. That means all businesses that use credit in their day to day operations (manufacturers, retailers, middle men, groceries, oil, etc…) will have to use cash instead. Using cash is slower and more expensive (if the companies even have the cash at hand to buy materials or goods). Since its more expensive, the goods that the consumer buys will be more expensive. The consumer will buy less, meaning that there needs to be less supply. Less supply means fewer jobs. Fewer jobs means less consumer money. And the spiral continues.
That’s a HUGE simplification, but it is a decent example to show what will happen if those banks, the ones that the “Main Street” is calling evil today, lose their ability to dole out credit.
September 29th, 2008 at 3:54 PM
you have my vote and spencers vote
Mine too!
September 29th, 2008 at 3:56 PM
do i even bother giving myself heartburn and look at the 401k? my parents can pretty much piss away retirement, which was only a couple years away.
September 29th, 2008 at 3:56 PM
what bugs me is the ‘let them die!’ mentality that so many people seem to be spouting off. i may not understand this thing as i should, but to me it seems like if all these banks and investment firms go under its not like ‘main street’ is going to be isolated from it. i dont have any investments, im largely a cash guy, but i for damn sure am scared about the prospect of not being able to get loans or credit when i enter the real world this summer.
September 29th, 2008 at 3:57 PM
I made the mistake of doing this on Friday.
September 29th, 2008 at 3:57 PM
I think that temporarily suspending the penalty for companies repatriating their profits (eg bringing back money to America they make overseas) would be one way to help out companies. They did this a few years ago and it worked wonders.
September 29th, 2008 at 3:58 PM
/Keith Law
//Keith Law = PurdueMatt
September 29th, 2008 at 4:00 PM
fucked either way. you can’t touch the money, or you kill yourself. you leave it in and take a loss.
September 29th, 2008 at 4:00 PM
Money sucks.
September 29th, 2008 at 4:01 PM
Honestly, I haven’t seen anyone anywhere with a better answer than the bailout proposed Wally
Did you read Tampa Bo’s idea?
September 29th, 2008 at 4:01 PM
But do you keep pumping money into it every week?
September 29th, 2008 at 4:01 PM
@sparty – I’ve only been contributing to my Roth 401k for 2.5 years and have a phenomenal personal rate of return of about -18%. I’m feeling pretty good about this.
September 29th, 2008 at 4:01 PM
Or we could cut corporate taxes like they are doing in Sweden.
We have the 2nd highest corporate tax rate of industrialized nations in the world. The Swedes have some of the highest income tax rates in the world, but even they realize that cutting corporate tax rates will help businesses a lot too.
September 29th, 2008 at 4:02 PM
Better plan, concerning a 401k: ignore it (at least right now). I’m 32, and don’t even think about it right now. They’re all long term investments, so right now I’d rather buy more. By the time I retire, market will be different.
September 29th, 2008 at 4:02 PM
Yeah Moleman I’m with you; I almost always use my ATM card, and when I don’t it’s because the option is cash only. No investments, no assets, but still I’m worried. I’ll be in the real world soon enough, and this thing is scary.
Whose ass do we get to stomp for this by the way?
September 29th, 2008 at 4:02 PM
+1 KC. I needed a laugh on what is becoming a very stressful Monday afternoon.
September 29th, 2008 at 4:02 PM
/Maggs’ berry-pickin’-friend
September 29th, 2008 at 4:03 PM
speaking of marijuana, is it a good idea to mention my NORML membership on my resume when applying for govt jobs?
September 29th, 2008 at 4:03 PM
Sparty, unless you’re planning to retire soon, I wouldn’t touch the 401k. You might be able to ride it out and catch it when the economy recovers. That’s assuming that it’ll recover of course
September 29th, 2008 at 4:03 PM
@gimme – That is the frightening part of Obama’s tax plan. Last thing that should be done right now it to raise the corporate tax rate.
September 29th, 2008 at 4:05 PM
/actual moleman’d
September 29th, 2008 at 4:06 PM
Isn’t it a good time to buy if you’re investing for the long term? Google is under $400, the leftover financials are all down, etc.
September 29th, 2008 at 4:06 PM
theres nothing wrong with being in the national association of marlon brando lookalikes
September 29th, 2008 at 4:07 PM
I love the idea that this was “Wall Street” being greedy. Who does “Main Street” think took out those bad mortgages? Exotic mortgage products made people and bankers take the money today, and assume they could work it out tomorrow. Everyone is complicit. These aren’t necessarily bad debts, its that no one knows how to price them right now. So the government injects capital into the market, giving it time to stabilize and figure out what this paper is actually worth. At that point, debt can be (more) accurately priced, and the gov’t could potentially make money on the deal. But even if we don’t, our economy isn’t ground to a halt.
these chickenshit, cover there own ass congressmen need to get something done.
September 29th, 2008 at 4:07 PM
well done moleman
September 29th, 2008 at 4:07 PM
@hawkeye and ruckmaker-pretty much what i was planning to do.
September 29th, 2008 at 4:08 PM
speaking of marijuana, is it a good idea to mention my NORML membership on my resume when applying for govt jobs? Moleman
I wouldn’t worry about it. They already know.
/rearranging tin foil hat.
September 29th, 2008 at 4:08 PM
i was wondering the same thing. if i don’t contribute as much, i guess it would just start to deplete. i thought about moving the money around, but they all suck right now. i don’t know what to do. this sucks.
September 29th, 2008 at 4:08 PM
so essentially its a ‘ill glady pay you tuesday for a hamburger today…. then popeye trys to collect on sunday and breaks wimpys legs’ situation
September 29th, 2008 at 4:08 PM
Suspend mark-to-market accounting.
http://blogmaverick.com/2008/09/24/the-bailout-alternative-virtual-mark-to-market/
Also, suspend capital gains taxes.
September 29th, 2008 at 4:08 PM
Tigers/White Sox off to a sick-ass start.
September 29th, 2008 at 4:09 PM
@Ruckmaker: The time to buy is at the bottom. Just remember that you’re better off putting your money in at the start of the bull market (putting it in a bit late) than putting it too early and taking huge losses.
I have a personal IRA that I started about a bit more than year ago that has about 5K in it. It’s in a money market now but I’m probably going to move it all to stocks by Christmas.
September 29th, 2008 at 4:10 PM
i had a former stock broker here today. he said right now is the time to get in and buy.
September 29th, 2008 at 4:11 PM
@NSR -
I have seen pros and cons of the mark to market. I think it makes sense, but then I’ve read some of the cons that make me think otherwise. Short term, I think that would help, psychologically, if anything.
September 29th, 2008 at 4:11 PM
im waiting for the crop reports to come in to decide what to do with my frozen orange juice futures
September 29th, 2008 at 4:13 PM
Gimme, it’s too much speculation to try to buy at the bottom, albeit I do agree that things have further to fall. But if you try to time it too much, you’ll end up buying stocks that go bankrupt. I’d average down right now to protect your portfolio. Also, all stocks? No diversified portfolio?
September 29th, 2008 at 4:13 PM
NSR, i had the same thought concerning marking-to-market, but i wonder if that helps this problem, but runs us into law of unintended consequences. you could never know anything anything about someone’s true value if there isn’t some form of it
September 29th, 2008 at 4:13 PM
@moleman…i guess that depends if you paid Beeks off to give you an advance of that report
September 29th, 2008 at 4:16 PM
Brilliant. I’ve been buying at the top for years!
September 29th, 2008 at 4:16 PM
Yeah I meant to clarify. Probably all of it will be in (very diverse) mutual funds. I’m not betting the farmby not being diversified.
September 29th, 2008 at 4:18 PM
I don’t think TBL has offered up a solution yet – just wringing his hands over Congress or the markets doing anything.
September 29th, 2008 at 4:19 PM
late to the party…
golf is BETTER without tiger, only you plebian assholes don’t give a shit because you’re not sophisticated enough for this gentleman’s game.
/sincere
September 29th, 2008 at 4:19 PM
I would recommend snapping up all the Initech and Penitrode that you can afford. You’ll thank me later.
September 29th, 2008 at 4:20 PM
that is a great quote…that belongs in Caddyshack 3.
September 29th, 2008 at 4:20 PM
@spencer: I was at East Lake on Saturday following Kim. That guy is awesome. He’s going to be the new fan favorite (if he isn’t already) if he can win a big tournament next year.
September 29th, 2008 at 4:21 PM
@HawkEye19 – +1. Way to keep things in perspective. As long as you aren’t like Sparty’s parents (mine are in the same boat), you can ride this out. The world isn’t going to turn into a scene from Mad Max tomorrow.
September 29th, 2008 at 4:22 PM
yeah, I am not so concerned about myself, i figure things will be ok. I have made it a point to not put myself into any real debt, so things will be ok with my future investments. I just feel for my ‘rents.
September 29th, 2008 at 4:24 PM
gimmeabeerman…did you see him hit the specator?
dude is a total rock star. he’s going to be the new fan favorite and tiger is going to turn into a villain. speaking genuinely and acting human goes a long way with people and tiger just doesn’t do that.
September 29th, 2008 at 4:24 PM
And mine.
What great biscuits.
See, this is why it’s good to be a college student who never has all that much money. I don’t even have enough to fuck up.
September 29th, 2008 at 4:25 PM
Tell that to TBL. This is going to hit the Baby Boomers the hardest because they’re retiring and need the money to grow and last another 20+ years without a work income. But even they should have been properly diversified with a hefty amount of bonds or bond funds. And although bonds did get hammered earlier this year, as long as you are able to hold onto them, even if the par value goes down, you’re still getting your monthly dividend.
I’m not saying it’s great, I’m just saying that you should have seen this coming and planned accordingly.
September 29th, 2008 at 4:25 PM
dude is a total rock star. he’s going to be the new fan favorite and tiger is going to turn into a villain. speaking genuinely and acting human goes a long way with people and tiger just doesn’t do that.
Racists won’t know who to cheer for.
\Who will jump on this obvious joke?
September 29th, 2008 at 4:25 PM
amen to that Sparty. Live within your means right now and build up an emergency cash reserve (3-6 months of salary), so you can deal with any short-term bumps in the road (job loss, disability, etc.). Or just buy up whatever that AFLAC duck is selling.
And I feel for my parents too – not what they expected just a few shorts years ago, when their house was worth a small fortune.
September 29th, 2008 at 4:25 PM
didn’t you call us plebian and then support your point by defining plebian? isn’t that redundant?
/Hef’ized
September 29th, 2008 at 4:26 PM
/NickP
smeller’s the feller.
September 29th, 2008 at 4:27 PM
Don’t you guys have the F fund for foreign markets? Buy up fellas. That’s where my tsp is.
September 29th, 2008 at 4:27 PM
i remember reading about 8years ago, that the last years of Gen X and most of Generation Y would be bailing this country out of the toilet. thats us fellas!!!
September 29th, 2008 at 4:27 PM
The only time I will panic and pull all of my money out is when a zombie outbreak occurs. THEN this shit is going to get serious.
No I actually didn’t start following him until 11. I was getting souveniers when the word starting passing throughout the course that Kim had killed somebody.
September 29th, 2008 at 4:27 PM
@St. Bear – I read somewhere (wish I had the link) that Baby Boomers in general were some of the worst savers in modern history. Although I’m sure the Millenials (is that what they call the post-GenY kids) will put them to shame. So what they little they saved was probably poorly diversified.
September 29th, 2008 at 4:28 PM
rhymer’s the crimer.
wait…
September 29th, 2008 at 4:29 PM
@gimmeabeerman – classic line. I nearly sprayed Dr. Pepper all over my laptop.
/I will now wait for Clown to fix that line and turn it into something midly pornographic
September 29th, 2008 at 4:31 PM
I think we’re all getting away from the critical point here: who has the best tits in Hollywood? Scarlett’s gotta be right there, doesn’t she?
September 29th, 2008 at 4:32 PM
Miley.
September 29th, 2008 at 4:33 PM
Tits? Their just two big pieces of fat.
/Nick P
September 29th, 2008 at 4:34 PM
/fetch’d?
September 29th, 2008 at 4:34 PM
Jon Favreau
September 29th, 2008 at 4:35 PM
@clown… didn’t know that you swung that way, NTTAWWT…
September 29th, 2008 at 4:35 PM
Mickelson
/spencer’d
September 29th, 2008 at 4:36 PM
boy do I have no idea what ‘nttawwt’ is.
September 29th, 2008 at 4:37 PM
Only a plebian would cite the only fat golfer they know. The correct answer is the Walrus.
/spencer’d
September 29th, 2008 at 4:38 PM
Not That There’s Anything Wrong With That…
Seinfeld reference…
September 29th, 2008 at 4:39 PM
@NickP: it’s funny cause it’s true.
September 29th, 2008 at 4:39 PM
Read this, it is pretty wild that it this was practically predicted 9 years ago.
Let me know if link doesn’t work.
September 29th, 2008 at 4:39 PM
shit, lawya, any golf fan knows that tim herron’s tits are MUCH better than mickelson’s.
September 29th, 2008 at 4:39 PM
Fake Spencers! The true Spence knows that Lumpy has the best tits on tour. They are really good when he’s puffing the cig while jiggling down the 8th fairway.
September 29th, 2008 at 4:40 PM
and jeff quinney has a blossoming bosom as well.
September 29th, 2008 at 4:40 PM
@Spence… Dude… I literally laughed for 30 seconds when I saw your post. SOLID WORK. Or scary… Not sure which. For today, I’ll go with solid, because something has to make me feel better…
September 29th, 2008 at 4:41 PM
wally…you must have ESPN
September 29th, 2008 at 4:43 PM
I lost approx $20,000 today, unless my dad sold my wachovia stock last week. However, at least he didn’t lose his job, so that’s a good thing I think.
September 29th, 2008 at 4:44 PM
just keep pumping money into the 401k. in essence you will be buying low.
September 29th, 2008 at 4:45 PM
@tallguy: You’re not alone in the least. A guy on my rugby team lost $32,000 just on WaMu last week.
September 29th, 2008 at 4:45 PM
Some Harvard dude on why the bailout was a terrible idea.
September 29th, 2008 at 4:45 PM
gimmeabeer claims this is a good strategy. I require further proof.
September 29th, 2008 at 4:47 PM
Lost in everything else that went on this weekend, SERGIO choked again.
September 29th, 2008 at 4:50 PM
Is my sector the only one in america booming? we set a record last year and will smash it this year. We are the only company hiring in dirt ass NW Ohio, where unemployment is almost over 10%.
My grandpa did just lose $200,000.
September 29th, 2008 at 4:50 PM
eh, same old same old. 71 holes (well, 72 this time because he choked in the playoff) of A+ golf ruined by a brain fart. such is the PGA.
regardless, i guarantee he wins a major next year. GUARANTEE IT. he might be the best golfer playing right now.
September 29th, 2008 at 4:52 PM
what sector, rick?
September 29th, 2008 at 4:53 PM
Tiger’s not gonna be back by next year? Face it, Sergio is a fraudhole.
September 29th, 2008 at 4:54 PM
Agriculture. Government mandates for ethanol and overall worldwide shortages of food have sent us through the roof. Profits up 12% last year in this shitty economy, this year will be even better. Luckily the Bonuses are now all stock (instead of cash).
September 29th, 2008 at 4:55 PM
clown…howabout this. Sergio wins the masters AND the british. and if he doesn’t, i’ll do a bong rip or something.
September 29th, 2008 at 4:57 PM
Cool rick do you work for BP?
September 29th, 2008 at 4:59 PM
No. I work for DuPont’s only ag sector business. My grandpa designed oil derricks for BP Amaco.
September 29th, 2008 at 5:01 PM
@ rick, I guess there’s always a bull market somewhere.
@mike nyc, great. thanks for the link. it was a good read
September 29th, 2008 at 5:08 PM
TBL, Michael Moore and MikeNYC finally all agree on something.
I have to say at this point I don’t know what the hell to do, and I’m not pretending to know.
September 29th, 2008 at 5:20 PM
I never thought michael moore to be an idiot (a propagandist and manipulator of the people, yes, but not an idiot) until i read that.