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azjetfan Icon : (21 April 2015 - 09:52 AM) He is a good QB and I would love to have him. However IMO our 6 is not good value for us. Not to mention if he hates the idea of LA what is he going to think of NY? Contract situation would have to be worked out prior to trade as well. Extreme long shot to land Rivers. My money says we are more likely to land Brees.
azjetfan Icon : (21 April 2015 - 09:53 AM) which is still a very long shot
Chaos Icon : (21 April 2015 - 10:46 AM) he may just hate ownership. LT's comments yesterday was interesting.
Chaos Icon : (21 April 2015 - 10:47 AM) “I personally don’t think so,” Tomlinson said. “I really think this is a situation where Philip Rivers wants to move on. The reason why I think that and the reason why I feel like that is the Chargers have already approached Philip about doing another contract and he declined it. He doesn’t want anything to do with it; he didn’t even want to talk about another contract with the San Diego Chargers. That tells me that he’s thinking about moving on.”

“You never want to trade your franchise quarterback,” Tomlinson said, “that’s never the case. However, in this situation they might have no choice but to do so because I don’t know if Philip [Rivers] wants to be there anymore. I think he’s lost confidence in the organization. He’s seeing a lot of changes going on and the L.A. thing is valid; him not wanting to go to L.A., that is very valid, I can see that. So no, it doesn’t make sense to move on from Philip because he’s a franchise quarterback and he still has three to four very good years left.”
Chaos Icon : (21 April 2015 - 10:47 AM) missed the LA line. nvm. guess that is a legit concern.
Mr_Jet Icon : (21 April 2015 - 03:57 PM) He doesn't want to play for a franchise based in Los Angeles, but he'd be okay with playing for one based in New York City?
azjetfan Icon : (21 April 2015 - 04:28 PM) That's the point we have all been making.
MikeGangGree... Icon : (21 April 2015 - 07:05 PM) Jets vs colts Monday night week2
MikeGangGree... Icon : (21 April 2015 - 07:09 PM) Jets open at home against the browns
ganggreen2003 Icon : (21 April 2015 - 07:52 PM) Week 5 Bye after the London Game against the Dolphags
NJAzrael71 Icon : (22 April 2015 - 09:17 AM) Rivers is likely going to Tennessee. Would LOVE to have him here but we likely won't make the trade. I'd easily give this year and next year
NJAzrael71 Icon : (22 April 2015 - 09:17 AM) 's first rounder for him
azjetfan Icon : (22 April 2015 - 11:03 AM) IMO that's a steep price. I would swap this years first and a conditional 1st next year. Assuming we make the AFC Championship. That would be a 28-32nd pick. Otherwise a second.
MikeGangGree... Icon : (22 April 2015 - 01:07 PM) Yes 2 1st is a lot
Jetsfan0099 Icon : (22 April 2015 - 01:10 PM) draft is next week, pumped
Chadforpresi... Icon : (22 April 2015 - 03:02 PM) What are thoughts on getting a RB in round 1? McShay's newest mock has us taking Gurley at 6. I don't think we should take him that high, but if we trade down and he's available I'd love to snag him, ACL and all. He's got an unreal skill set that, once healthy, will translate readily to the NFL. We're not getting a QB this year without paying a king's ransom, and unless we pay a ransom for a top guy I say ignore QB. I don't want us to take a Hundley or Petty type in the 2nd or 3rd round when we need other pieces (edge rush, OL)
azjetfan Icon : (22 April 2015 - 03:09 PM) We can probably get Gordon in the second. I would pass at 6. If QB is not available a pass rusher will be. Our biggest needs are QB Pass rusher and Oline.
Jetsfan115 Icon : (22 April 2015 - 03:34 PM) any thourghts on shane ray? i see a lot of mocks have us drafting him
Jetsfan115 Icon : (22 April 2015 - 04:35 PM) last one i seen had us taking cooper, a RB, and hundley for our 1st 3 picks. not thrilled about that
Chadforpresi... Icon : (22 April 2015 - 04:38 PM) I don't like Gordon much. Not much of a receiver or blocker, ball security issues, tries to bounce outside too much, stuffed frequently. Gurley is in a league of his own
Chadforpresi... Icon : (22 April 2015 - 04:39 PM) Ray is pretty highly regarded. I'm betting he, Dupree, and Gregory will be our best options as well as edge rushers at 6, but I think that's too high for any of them
Chadforpresi... Icon : (22 April 2015 - 04:43 PM) Personally love Cooper, I know WR isn't our biggest need but he may be the most NFL ready guy in the Draft. If we stick to the 6th pick and Fowler, Beasley, and Mariota are gone, Cooper is the guy to get. I'd even take him over Beasley
Jetsfan115 Icon : (22 April 2015 - 05:45 PM) i don't mind cooper. decker isn't number 1 IMO and marshall is expensive and getting old
Jetsfan115 Icon : (22 April 2015 - 05:45 PM) and we never draft a WR high
Jetsfan115 Icon : (22 April 2015 - 05:45 PM) but o-line and QB are huge needs. i wouldn't take o-line 6th overall, but i think our 2nd or 3rd should be o-line
Jetsfan115 Icon : (22 April 2015 - 05:46 PM) we need an OLB as well. if we don't land a QB i'd like to see OLB adn O-line with 2 of our top 3 picks
Chadforpresi... Icon : (22 April 2015 - 08:16 PM) I agree on Deck, not a true #1 and he's had a checkered history with injuries. Marshall has 2, maybe 3 productive years left, which is why Cooper is an option
Chadforpresi... Icon : (22 April 2015 - 08:17 PM) And I agree with you on edge rusher & OL being bigger needs, but there really isn't a lineman I'd take at 6
Chadforpresi... Icon : (22 April 2015 - 08:19 PM) So the way I see it, assuming Winston and Mariota are taken when we're at 6, that Fowler and Cooper are our best choices, and I'd be stunned if Fowler drops. I wouldn't be surprised (or upset) if we land Cooper
NJAzrael71 Icon : (22 April 2015 - 08:47 PM) Apparently Tennessee wanted both of Cleveland's #1's and their 2nd rounder to move up to the #2 spot to get Mariota. Still think two 1st rounders are too much for Rivers? He makes us instant contenders and if we make a deep playoff run, it would really be this year's 1st and what equates to basically a 2nd rounder next year.
If not, get Cooper in the 1st and then grab Hundley in the 2nd and O-line in the 3rd.
Jetsfan0099 Icon : (22 April 2015 - 10:05 PM) I wouldn't be upset with Cooper, hes a stud
Jetsfan0099 Icon : (22 April 2015 - 10:06 PM) Not sure about Ray. Dupree is rising on the draft boards, ridiculously athletic for his size
Jetsfan0099 Icon : (22 April 2015 - 10:07 PM) Dupree is 6'4 270 and has a amazing get off and runs a 4.5
Jetsfan0099 Icon : (22 April 2015 - 10:09 PM) Problem is he doesn't have big sack numbers in college, I rather draft a productive guy high
Jetsfan0099 Icon : (22 April 2015 - 10:09 PM) Vic Beasley is insanely athletic as well and was hugely productive in college, good bet is that Beasley will be a 10+ sack guy in the NFL
NJAzrael71 Icon : (22 April 2015 - 10:12 PM) Beasley should be a stud but he gets caught up hand fighting if he doesn't beat his guy quickly. He'll likely end up as an OLB but we'll see
Jetsfan0099 Icon : (22 April 2015 - 10:15 PM) He'd be a good fit in our defense, because we could use that speed guy on the outside
Chadforpresi... Icon : (23 April 2015 - 06:27 AM) I'd love Rivers, but we should be able to get him without paying 2 first rounders
Chadforpresi... Icon : (23 April 2015 - 06:29 AM) Lot of buzz about Dupree going top 10, most mocks I see have us getting either Ray or Dupree at 6. I prefer Dupree, like you said insane athlete for his size
Chadforpresi... Icon : (23 April 2015 - 06:30 AM) I like Beasley as well but I have a strong feeling Washington will snag him. But he is a small dude, it'd be nice if he'd add some bulk (in Clemson reportedly played around 230)
Chaos Icon : (23 April 2015 - 10:11 AM) @ArifHasanNFL

.@LanceZierlein says on http://sports790.com that Shane Ray will need surgery on foot, 5 months recovery. "Could drop out of first"
Chaos Icon : (23 April 2015 - 10:14 AM) this should change up the top 10
Chadforpresi... Icon : (23 April 2015 - 12:16 PM) Damn that's big. If he drops out of round 1 that could be a massive bargain for whoever gets him round 2. Dupree now looks more like the edge rusher we'd get at 6
MikeGangGree... Icon : (Yesterday, 09:40 PM) TEH RANGERS
santana Icon : (Yesterday, 11:32 PM) TEH WIZ
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Get Ready For A 'massive Interest Rate Shock' Soon Bad news for the future economy.

#1 User is offline   azjetfan Icon

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Posted 27 August 2013 - 02:52 PM

http://www.cnbc.com/...0a%20%27massive

Long story short, get ready middle class and below. This one is going to hurt. Within a year or two middle class will not be able to afford to buy a house unless you already own one. Our debt is catching up with us.


Quote

Wall Street and Washington love to spread fables that facilitate feelings of bliss among the investing public.

For example, recall in 2005 when they inculcated to consumers the notion that home prices have never, and will never, fall on a national basis.

We all know how that story turned out.

Along with their belief that real estate prices couldn't fall, one of their favorite conciliatory mantras that still exists today. Namely, that foreign investors have no choice but to perpetually support the U.S. debt market at any price and at any yield.

But, unlike what their mantra claims, the latest data show weakening demand in overseas purchases of Treasurys.
Is the economy as good as you think?


According to the U.S. Treasury Department, there was a record $40.8 billion of net foreign selling of Treasurys in June. That was the fifth straight month of outflows in long-term U.S. securities. China and Japan accounted for $40 billion of those net Treasury sales.

Those two nations are important because China is our largest foreign creditor ($1.27 trillion), and Japan is close with $1.08 trillion in holdings.

This shouldn't be a surprise to those who are able to accurately assess the ramifications from the Federal Reserve removing its massive bid for U.S. debt.

In truth, yields currently do not at all reflect the credit, currency or inflation risks associated with owning Treasurys.

If the Fed were not buying $45 billion each month of our government bonds, investors both foreign and domestic would require a much higher rate of return. Investors have to be concerned about the record $17 trillion government debt (107 percent of gross domestic product), which is growing $750 billion this year alone.

In addition, holders of U.S. debt must discount the inflation potential associated with a record $3.6 trillion Fed balance sheet, which is still growing at $85 billion each month. Also, foreign investors have to factor into their calculation the potential wealth-destroying effects of owning debt backed by a weakening U.S. dollar.


Of course, some people may claim that Japan has more debt outstanding as a percentage of its GDP than we do and yet the nation's interest rates are much lower than ours...so what's the problem?

But, unlike the U.S., Japan has a long history of deflation and only 10 percent of its debt is in foreign hands. The U.S. has not enjoyed any such history of deflation and is also a country that has only 50 percent of its debt held domestically.

Therefore, there hasn't been any real concern about foreigners abandoning the Japanese bond market because of a fear that the Yen may collapse.

But the tremendous number of foreign U.S. creditors needs to be constantly vigilant of the dollar's value. However, due to its foolish embracement of Abenomics, Japan will also have to fear a collapse of its debt market from rising inflation in the near future, just as we do here.


If the free market were allowed to set interest rates and not held down by the promise of endless Fed manipulation, borrowing costs would be close to 7 percent on the 10-year note. Let's face it, the only reason why anyone would loan money to the U.S. government at these levels is because of a belief that our central bank would be there to consistently push prices up and yields down after their purchases were made.

Our central bank has now adopted an entirely new paradigm.

Fed intervention used to be about small changes in the overnight interbank lending rate, which has averaged well above 5 percent for decades. However, not only has the Fed funds rate been near zero percent for the last five years, but also long term rates have been pushed lower by four iterations of quantitative easing.

The latest version is record setting, open-ended and massive in nature.

Since QE is mostly about lowering long-term rates, it shouldn't be hard to understand that its tapering would send rates soaring on the long end.


When the Fed stops buying Treasurys, foreign and domestic investors will do so as well. This means for a period of time there won't be anyone left to buy Treasurys unless prices first plunge.

The effects of rising rates will be profound on currencies, equity prices, real estate values and economies across the globe.

It would be wise to prepare your portfolio for a massive interest rate shock in the near future.

—Michael Pento is an economist and president of Pento Portfolio Strategies.

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