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SL Xpress

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Everything posted by SL Xpress

  1. Yeah, I should admit I do not have the pulse of the Tennessee fan base by any stretch of the imagination. I just see complaints from time to time. I just know if he makes a Sweet 16 he's golden. If he doesn't there will be muttering. Doesn't mean his job is in jeopardy thought, for sure.
  2. Very few, actually. Most coaches that leave Texas don't do anything at all. Mack Brown at North Carolina has done better than most. Richard Quick and Mick Haley are the two I always cite as the exceptions. But neither one was fired. I guess Mack Brown wasn't either, technically, but he was definitely forced out before he wanted to go. Obviously Shaka Smart did extremely well at Marquette this year, but a coach in basketball is always measured by their performance in the tournament. It's why I don't think of Barnes as doing a whole lot better at Tennessee than at Texas. He's done pretty well in the regular season, but his tournament record in Knoxville has not been good. I have a feeling he's on the hot seat right now. With a #5 seed it would do him some good to make it to the second weekend. But the overwhelming number of coaches who leave Texas do not experience a lot of success.
  3. I guess I feel like there's a lot of that that goes on. It's very expensive to cover peak events, which is why Black Swan events are so dangerous. You can prepare for a certain amount of flooding, but it's too expensive to prepare for 100 year events. You can prepare for a certain energy usage surge, but not for the most extreme. You can create a transportation network or a bandwidth network, or a communications network that handles excessive demand, but not extreme amounts. It would be too big of a drain towards an efficient economy to collect premiums to cover all deposits. But there's sufficient premiums to cover this incident, particularly if it prevents anything further from happening - whether something further would have happened or not. Why risk it if it's not necessary? Especially if it could be harmful in a way it doesn't have to be. You say it's a dangerous policy, and I will agree that's a legitimate point of view. I don't want you to think I'm dismissing it or think it has no merit. But from my point of view it's not necessary, and actually sends a harmful signal if you put it in writing. To be fair, the federal government IS insuring the whole banking system, if not every deposit made there. If a decision is made in the future not to cover the uninsured portion of deposits, then hopefully the circumstances warrant it, whatever they might be. But removing that option doesn't make sense to me. But I'm grateful to have a civil sharing of different points of view, regardless. I'm glad to hear your thinking on it, and appreciate it.
  4. I'm surprised Baltimore isn't just considered a suburb of DC.
  5. I think it's fairer to say there is no bailout for the owners of SVB. I don't know if this is being advocated for elsewhere. I haven't followed this on other social media outside of this forum. I have read a bunch of articles, but that's about it. It seems like it has been in places. I do know not one person has advocated for it on here. I think my main thing on making depositor's whole is I don't feel like the juice was going to be worth the squeeze. Whatever limited market lesson is taught by not making depositor's whole is not worth the uncertainty introduced into the system. To me it was worth giving depositors immediate access to their money simply to calm markets around the globe and not let this thing become more than what it is. I understand that's not everyone's perspective, but it is mine. I'm not a fan of making FDIC insurance an unlimited amount, even if what is happening in the case of SVB and Signature is sending that market signal. Once you make it the law it sends a much different signal. Maybe there's a future instance where it's more appropriate not to make depositor's whole. I don't think this was it, but maybe there's a circumstance in the future where that is true.
  6. Or maybe it all works out. But I don't understand why you do that when it takes relatively little resources to restore a semblance of calm by making that money available now. People want this whole thing to be a lesson. It certainly should be. It's a lesson in the dangers for a bank of having so much of your deposits tied up in such a small fraction of your clients. It's a lesson in how quickly money can be moved out of banks. It's a lesson in the dangers of banks holding so many assets in long term bonds in a time of rising interest rates. But I don't agree that we should be sending a big fat lesson to depositors all around the country that the money they have in the banking system - even if it's above the $250k FDIC insurance threshold - is at risk. There were also international implications for this, which massive reassurance now heads off at the pass. All of this seems so obvious as the right move. I'm not trying to convince anyone that their point of view is wrong. I couldn't even if I wanted to. But I do not share that sentiment and I'm glad the government doesn't either.
  7. It did come true. Just like I said it would.
  8. You poor bastard. I understood what you meant.
  9. That sounds like a good plan. Certainly better than mine, where I have a lasting bitterness about Chris Beard and his decisions that led to that night. Let's root for a deep run this coming weekend and beyond. These guys have been fun to follow, and I'm grateful to Terry for helping to get everyone to this point.
  10. I was called out by UTEE7 for name calling because he was making nonsensical posts. I felt like I was very unemotional in explaining my responses to him. You keep mentioning this "our standard" thing. I don't know where you're getting this from. I've never claimed to speak for UT or what its standard should be. I have my opinion, and that's it. That's all its ever been.
  11. No, it's 10k or nothing. If this is going to take 5 years I want it to be worth my while. I haven't seen a good portion of posters say they'd rather lose in the first or second rounds if it means being rid of Terry. I've seen one, and I think he's an idiot. The escrow is as much for your protection as mine. But 5 years is a long time. If we're doing this, let's make sure the funds are there. I have no idea what "our standard" is. Why am I suddenly speaking for anyone other than me? My opinion of Terry was formed a long time ago while he was an assistant under Barnes. Nothing he did after he left changed my mind. This season doesn't change my mind. I've liked what I've seen the last few games, but that doesn't say anything about his ability to run a program. I know Gerry is saying none of the assistants are going to leave, but they haven't had Beard make an appeal to them, yet, and they haven't had tensions in the staff, yet. I've already said what my parameter is. He just needs to be able to keep the job. Do well enough to stay as the head coach at Texas and he's done enough to be considered a success as far as I'm concerned. That seems pretty cut and dried to me. But again, I'm not trying to speak for anyone else, and I'm certainly not trying to pretend my "standard" should be anyone else's.
  12. That's why the money goes in escrow. If I'm not around the money still is. Frankly I find it beyond idiotic to make a bet that won't have a result in five years. I hate making bets anyway. But if we're going to do it, let's do it. If Pancho won't hold the money we'll find someone we can agree on who will. I'll send the money out FedEx tomorrow in certified funds in the name of whoever is the escrow agent to their address. If you haven't matched it in 14 days I'll get my money back. I don't need your money, and I have no desire to send you any, so it will go to a charity of our choosing, whoever wins the bet. If Terry is the coach at the start of the 2029 season, it will go to a charity of your choosing. If he leaves the job before then it will go to a charity of my choosing. I want to be clear I think the whole thing is stupid, and I think you're dumb if you take me up on it. But whatever. Talking about bets to make a point is lazy in my mind, so it's worth calling you out on it for that reason alone.
  13. Is this supposed to hurt my feelings? I'm answering your posts as honestly as possible. Not sure what more you want, and I don't really care. I'll bet you $10,000 dollars Rodney Terry will not be the coach at Texas for the season 2029-30. Is that better? Charity of your choice, with the same conditions for you. We can give the money to Pancho as an escrow agent. BTW, no money in escrow, no bet.
  14. I would say so. I've already pointed out our new emphasis on the post up game. I feel like Allen having to take a seat allowed Terry to move the lineups around in ways he wasn't willing to do previously, and it's helped in a variety of ways. Not that the team wouldn't be better with Allen, because I think they would, but being able to play with different lineups for the first time since Beard's suspension has been good for the team, IMO. Also, Hunter has come on of late. Could be he's better healed from an injury? I don't know. The problem is so much of how a coach is measured is in terms of tournament performance. So while all of this has been a feel good story, and I'm ecstatic we won the Big 12 tournament, next week is when the rubber hits the road. But absolutely I credit some of the things I've seen this weekend to coaching.
  15. The chances of me being active in 5 years are not very good. I'd likely welsh on it if you won. But yes, with next year being the first year, if he lasts through 5 years to make it to a 6th year, he will have been more successful to have done that than I anticipate. I'd consider that success on his part.
  16. Keeping his job in year 5. That would be a success I don't expect. Is that enough of a goal post?
  17. I don't understand this post. The federal government already intervened when they shut the bank down to stop the run on deposits and preserve its asset base as much as possible. It's going to have a ripple effect across the banking system. How big of one is unknown. Huge is a pretty subjective term. They're going to backstop it to whatever degree is necessary to get the remaining assets of the bank sold. That's how this is going to work. There's not a need to make any other choice.
  18. It's why they moved the Big 12 tournament up a day. They wanted the championship match to have some kind of impact. Several conferences did that.
  19. I wouldn't support hiring that weasel Scott Drew right now, much less after his first 8 years. I cannot stand that cocksucker. And if Rodney Terry is a career success at Texas, that will be a complete surprise to me. Doesn't mean it can't happen, but your lists aren't proving anything to me.
  20. Scott Drew made huge leaps when he ditched that horrible zone defense he kept parading out there. I can't stand that bastard, so it's caused me all kinds of consternation to see him succeed wildly. I don't care if people want to be hopeful about Terry. I mean, I'm not. I'm more akin to resigned. Just don't try to turn my frown upside down with talk of other elite coaches who struggled before hitting their stride. Bill Self's first two years at Oral Roberts before hitting the Willie Wonka elevator to storied heights is not a good analogy, as you've pointed out. To me, let's get a big run here, have a lot of fun rooting on our team, and if Terry is hired as the head coach because of it, so be it.
  21. I wasn't trying to be antagonistic. That part comes naturally. I was being cheeky, not antagonistic in my first response. From there I feel like I replied organically to nonsense.
  22. I don't know that I had a point. I don't think I care that much. It was mostly a reference to the horrific circumstances Scott Drew inherited when he took over at Baylor. It went beyond a normal "they were a terrible team." It wasn't meant as a correction, as much as I assumed you'd get the reference and laugh/groan/frown about the whole sordid affair. Then you posted a screenshot of Baylor's records going back to 1988 as if that meant something. When I tried to educate you as to what I was referencing, you called me obnoxious. Which, fair point. Then you post the sentence, "You are missing an irrelevant point," I'm assuming in an effort to test my sanity. That's my take on our exchange here.
  23. I'm missing an irrelevant point? Do you understand how stupid you sound?
  24. Are you purposefully being this dense? https://en.wikipedia.org/wiki/Baylor_University_basketball_scandal
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