While true we don't have many of the issues that arose to the U.S. housing crisis, a good number of them are present - overextended debt, purchase of housing well beyond what should have been bought, artificially low interest rates. We won't end up to the same degree as the U.S. but at some point interest rates will rise and we will see significant mortgage defaults occurring. Qualifying with 5% down and a 30 year amortization is not a good thing.
But, um, that's not on topic. So yeah, Fehr sucks and Bettman's evil.
Not true at all! Fehr is in it for the overall good of humanity and the Count wakes up every evening from his sarcophagus and puts his pants on one leg at a time just like the rest of us.
I'm not so certain. At least the last lockout offered some kind of optimism. Small market teams were getting a cap that was suppose to help them compete, the league finally admitted that play had deteriorated and they made some strides there, Alex Ovechkin and Sidney Corsby arrived on the scene. A lot of big market teams have been on great runs. I don't see the league getting that lucky this time and they don't seem to have a plan for growing the business going forward.
So you think people who come back will leave 2 seasons after the lockout?
I think that the players must realize by now that there is no further upside and lots of downside. They need to strike a deal within a week or two at the most. Hopefully the owners also realize that a lost season costs them money as well even though they can more afford the losses. Both sides should try to look at it rationally without emotion and strike a deal.
Hopefully the owners offer the players a way out of this mess, so they can save face. Given the history between them I'm skeptical this will happen. Whatever happens it'll be fascinating.
I agree. But the difference between the American system and candian is vast. And the difference between the amount of law and regulations is staggering. Most Americans would come here and say 'free market my ass'
The differences between them are not vast enough to call one capitalist and the other "non-capitalist." Or to infer as such, or to extrapolate the consequences of such an inference.
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"Pull yourself together!" - Solid Snake to Otacon, multiple times in the series
Originally Posted by delirium trigger View Post
Not in Canada. Were sitting back and watching capitalism rip your country apart. Enjoying our much higher average standard of living and our health care.. . But I digress.
My state has more people than the entire population of Canada....
A province in china has more people than the entire population of America. That doesn't mean it's better off.
I think you're right. The more I think about it I believe with today's cancellation the NHL's last proposal is no longer valid, as it would have been based on some # of games played. I believe we just saw the beginning of the death spiral for this season. Unless something changes these groups are on divergent paths.
I agree. I think the next NHL offer will lower the make whole money for this year stating that their previous offer was based on a near full season.
I also think Fehr is going to reel in the de certify talk. Daly has already hinted that the league likes it chances in court. Bluff called?
There is a deal out there but both sides need to stop the all or nothing talk
A province in china has more people than the entire population of America. That doesn't mean it's better off.
Huh? I think you better reread who said what there.
Anyways I was just sick of arguing about the economics of something that doesn't effect us at all. Hence an insert of a real economic provocative statement... In bored.
On RDS, PA agent Rober Sauvé who represents Vlasic, Giguère and co. said that he expected the best NHL offer to come out in late Dec. or even early Jan.
What a messed up mentality he's got! I hope the likes of Don Meehan and Pat Brisson to put some real pressure on Fehr really soon.
The agents are probably even less likely to want to okay the NHL's offer than Fehr is. You think for one second the agents are running to sign a deal that gives their clients (and them) less money with contract term limits?
Renaud Lavoie @RenLavoieRDS
Don Fehr: "On Wednesday, NHL Commissioner Gary Bettman said that the league is losing $18-20 million per day during the lockout, therefore
Renaud Lavoie @RenLavoieRDS
...two more weeks of cancelled games far exceeds the current economic gap. It makes the NHL’s announcement of further game cancellations...
Renaud Lavoie @RenLavoieRDS
... including the 2013 All-Star Weekend, all the more unnecessary, and disappointing for all hockey fans – especially those in Columbus...
Renaud Lavoie @RenLavoieRDS
The players remain ready to negotiate but we require a willing negotiating partner.”-Don Fehr.
I agree. I think the next NHL offer will lower the make whole money for this year stating that their previous offer was based on a near full season.
I also think Fehr is going to reel in the de certify talk. Daly has already hinted that the league likes it chances in court. Bluff called?
There is a deal out there but both sides need to stop the all or nothing talk
The league has no precedence set as to how a court would rule in favour of antitrust claims made against individual teams. What the league does have as precedence is that their lockout will most likely be considered legal even if the players decertify. Also, the legal process buys the league time. It's time that the players value more than the owners and it's time and money invested in a legal proceeding where the outcome provides no guarantee to the players - it's there that the league may put all their eggs in one basket and hope that the PA cracks before it even gets to that point. Maybe the union is far more united than people think. Maybe if the league calls their bluff, the PA will continue on with the process. But on the other hand, it's also likely that decertifying for the sake of gaining negotiating leverage (and then the league not buying it) may result in a majority of players wanting to re-form the union and negotiate the best deal possible and take it (but at that point, they will be at the mery of the owners and the owners will likely make them pay for it).
In order for the union to re-form, would it have to be a unanimous vote to do so?
"On Wednesday, the players presented a comprehensive proposal, once again moving in the owners' direction in order to get the game back on the ice. The gap that remains on the core economic issues is $182 million. On Wednesday, NHL Commissioner Gary Bettman said that the league is losing $18-20 million per day during the lockout, therefore two more weeks of cancelled games far exceeds the current economic gap. It makes the NHL's announcement of further game cancellations, including the 2013 All-Star Weekend, all the more unnecessary, and disappointing for all hockey fans – especially those in Columbus. The players remain ready to negotiate but we require a willing negotiating partner."
Renaud Lavoie @RenLavoieRDS
Don Fehr: "On Wednesday, NHL Commissioner Gary Bettman said that the league is losing $18-20 million per day during the lockout, therefore
Renaud Lavoie @RenLavoieRDS
...two more weeks of cancelled games far exceeds the current economic gap. It makes the NHL’s announcement of further game cancellations...
Renaud Lavoie @RenLavoieRDS
... including the 2013 All-Star Weekend, all the more unnecessary, and disappointing for all hockey fans – especially those in Columbus...
Renaud Lavoie @RenLavoieRDS
The players remain ready to negotiate but we require a willing negotiating partner.”-Don Fehr.
lol
I find it pretty funny that both sides say the other won't negotiate.
I think desertification is the only option left for the players to force the owners to really negotiate and end all this silliness. I think the players are ready to sacrifice this season if it means keeping all their contractual rights.
Renaud Lavoie @RenLavoieRDS
Don Fehr: "On Wednesday, NHL Commissioner Gary Bettman said that the league is losing $18-20 million per day during the lockout, therefore
Renaud Lavoie @RenLavoieRDS
...two more weeks of cancelled games far exceeds the current economic gap. It makes the NHL’s announcement of further game cancellations...
Renaud Lavoie @RenLavoieRDS
... including the 2013 All-Star Weekend, all the more unnecessary, and disappointing for all hockey fans – especially those in Columbus...
Renaud Lavoie @RenLavoieRDS
The players remain ready to negotiate but we require a willing negotiating partner.”-Don Fehr.
lol
Bettman isn't going to change his routine up because it will be seen as a sign of weakness. He'll continue cancelling games chunks and it seems the only thing that would prevent him from doing so is being close enough to a deal.
I don't know what is going to be learned from this. You can fight all day but in the end both parties are just losing out. This is starting to get laughable. I understood the last lock out. This one is just making zero sense.
just saying
