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Hugh Conway

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Everything posted by Hugh Conway

  1. whats this here snow lege fer?
  2. And into my tummy
  3. Most everything classic is south of Yosemite on 395 - it's a better drive up to Yosemite than one down. A fantastic area to be in.
  4. at least she wasn't stating how people go back to basics when their local society is under stress - we'd have to string her up for threatening the god/guns/xenophobia tripod
  5. I think it's a semantic argument. "systemic risk" to me is people believing in the great realestate ponzi scheme that will make them rich so buying a $1.1million 2.5 bed home is a good investment guaranteed to appreciate when someone can rent a 1 bedroom closer to the beach for $900/mo. That is a great systemic risk "pointsource risk" to me is people believing that BSC and company's like will ever be allowed to fail so there's no risk in being BSC or doing business with BSC. The profit for point sources tend to be higher so they earn more ire from me.
  6. I don't remember seeing much in Huaraz but didn't spend more than a day. The Frimer Huayhuash guidebook or Classic climbs are all I'd bother with. The Johnson Huayhuash map is nicely detailed but dies in under a week. The Austrian Alpine Club maps are better quality but older datum (i.e. before the massive melt) If you want to borrow/scan classic climbs in the blanca or the johnson huayhuash map PM me
  7. No dams and pro Salmon
  8. I owned one. It's a sweet jacket if you actually climb.
  9. At $10 a share I'm not sure "liquidation" is an accurate term. The government stepping in because Bear's counter party risk was simply to great suggests that there is no risk for people doing business with bad companies. If there's no risk for people doing business with you, why not run a bargain basement shop? Your neighbor got a $200k home on a subprime; Cayne got a floor at the Plaza for $25 million cash from BSC
  10. I suspect you are correct. As with Bear Sterns is the short (or perhaps not so short) term pain be worth maintaining the long term balance?
  11. Damn, he's busy. Peter Puget was just telling me how he was instructing children in homosexuality while shitting on the bible talking to Karl Marx.
  12. What's the uniform definition for hazardous terrain? Is that when the avalanche risk scale is 5? Or when it's 3? I can introduce you to some nice people south of the Mason Dixon line who think entering when it's 1 is stupid because skiing is stupid and dangerous. Like avalanche risk financial risk is a continuum. Some people mark certain lines as "stupid" or "smart" but those depend on personal tolerance and skill. Should we regulate who can go into avalanche terrain and at what levels? That's what prohibiting subprime loans would be. This leads to JayB's question. Where would I draw the line? I'd have loved to see the banks, the homeowners and everyone else fucked but that would lead to other not so nice consequences. For those who are bailedout perhaps a cap on the appreciation that could be realized on subprime properties with amounts in excess being returned to the taxpayer (bailerout)?
  13. We already bailed out the banks because they fucked up loaning to these people, why shouldn't we bail out the others? Avalanches are statistical phenomena as well. Some people knowingly take risks and suceed, some people are stupid and suceed, some people knowingly take risks and fail, some people are stupid and fail. Calling all participants stupid shows you are the stupid one
  14. Which ones you want?
  15. yuppers. Palisades.
  16. http://news.bbc.co.uk/2/hi/africa/7340248.stm
  17. who says they have the choice to breed?
  18. Interesting stuff Dane Those numbers seem a bit off. MSRP on the standard BD picks ~2000 was $38.50. My memory was Aermets were <2x the cost of the standard pick so <$75 (catalogs of 2000-02 don't list Aermets). I can see why they couldn't be made for $40 to keep a decent hardgoods margin, but $110 seems really high. For reference the black prophet ice tool cost less to manufacture.
  19. C’mon, C’mon gimme a break, how much more winter can I take? Enuf, enuf, let spring be born, I’m more than ready for sun and corn. Okay, okay, today’s the last, and then winter fades into the past. At least for awhile you will cheer, as sun and warmth caress your gear. While Friday and Saturday will herald spring, an increased danger warmth will bring. As snow warms and melts and begins to flow, downhill the slides will merrily go. While some slides may start rather small, it’s easy not to heed their call. But as melt progresses deeper, larger slides will fall on angles steeper. So increased caution’s strongly urged, until the recent new snow’s been purged. Since locally high danger may develop, don’t let yourself the slides envelop.
  20. Dartmouth isn't good?
  21. Uh, the whole idea behind sub-prime mortgages was to give people who wouldn't qualify for standard mortgages, you know - those dirty negros, latinos and other poor people - access to lending at higher rates because they were higher risk. The whole complete total personal responsibility canard is amusing in the modern world - people contract with agents - real estate, mortgage, doctors, lawyers - because they don't have expertise in that subject. Some of those agents can be held legally responsible for misconduct and misrepresentation, others can't.
  22. bwah.... which company there aren't many
  23. I'm just as retarded in real life mattp
  24. Im no professional mountaineer, but i am somewhat of an outsider, and I have to say, no one sprays like the folks on cc. Its some of the funniest shit i have ever seen! I asked Dean Potter if he'd ever read cc.com over a warm glass of pee - he mock bit the head off a monkey in reply.
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