Cup of Coffee: March 15, 2010

Beware the ides of March.

92 LTEs in response to Cup of Coffee: March 15, 2010

  • Day late and a dollar short, Boss. Last night This morning at 12:10 AM a ceiling tile collapsed in my hotel room and water began dripping on the floor. Looks like someone above me was taking a late shower and the trap sprung a leak. I got moved across the hall into a larger room (my previous room was already an upgrade) and they gave me a large box of See's Candy for my troubles. Hmmm, three days before my anniversary...

  • SBG

    Another embarrassing loss for the T-Wolves last night, 114-100 in Sacto. The Wolves have lost nine straight and the next seven are @PHO, @UTH, @LAL, TOR, @CHA, @ORL, PHO. That looks like a 16 game losing streak. Upsets happen here and there, but if they get to 16 straight, that would be a 3 point win at Miami (without Wade) from a 23 game losing streak. This has gotten really ugly.

    • cheaptoy

      Its a race.... for Evan Turner.

    • E-6

      Meanwhile, Steph Curry dropped 35-10-6-4(steals) on the Raptors Saturday night. Mark my words, taking Flynn over this guy is gonna enter the club's Pantheon of Dumb Decisions.

      • cheaptoy

        Are you trying to tell me that taking a guy based on a SSS of one post season tournament over a guy with a proven college career was somehow a mistake? I will hear nothing of the sort, good sir.

        ESPN's lottery/mock draft has the Wolves picking Derrick Favors if they don't land the 1 or 2. I hope there's something wrong with their software, because I don't know that Cannis Hoopus has enough Korean recipes for game wraps for a team with yet another forward with no one to get the ball to them.

        • E-6

          If it isn't a top-2 pick, they should just close up the honky-tonk down at 600 North First.

        • SBG

          Not only that, but Curry has the bloodlines. I'm not saying that sons of NBA players are necessarily great players, but he was great in college and his dad was a darned good player. And, don't let it go unsaid that David Thorpe, ESPN's rookie dude has Curry rated third (behind Evans and Collison) and Ty Lawson fourth. Yep, the same Lawson that the Wolves drafted and traded to Denver. To be fair, Thorpe is still high on Flynn ("Even though he is still struggling to create shots for his teammates, Flynn remains one of my favorite players in this class. Because, while he is focused on scoring, at no time does it appear he is doing so selfishly. I still think he cares only about winning, which means that over time he'll learn when he has to move the ball for the offense to flow more smoothly."), but I think it's clear that the Wolves screwed the pooch, again.

    • SBG

      Hollinger has the Wolves rated dead last -- 30th -- in the NBA. You might be aware that there's a team out there with only seven wins, but even they are playing better than the Wolves. Oy.

    • brianS

      It would have been a totally different deal if Darko had been playing.

      but seriously, the Wolves really, really suck. Other than BAJ, who is a freakin' load down low.

  • Hey boss, wondering if you were successful getting tickets for the SBG convention. I heard waiting for tickets was nightmarish at best on-line and via telephone.

    • SBG

      I didn't do it yet. Sigh. I hope that there are some left.

      • D'oh!! August 21st Sold Out! You're gonna be hard pressed to get any tickets during the summer months, and I think September weekends are pretty much spoken for.

        • I ordered tickets yesterday for my birthday (April 21) and my daughter's birthday (May 29). The seat selection was severely limited, so we ended up with upper deck behind home plate for the first game and CF grandstand for the second. At least we'll get two very different views of the game. Prices were not bad, though, but I wish they'd just build the damn convenience fee into the ticket price and stop trying to convince me it's for something other than, you know, more expensive tickets.

        • SBG

          Ah, crap. Well, maybe no convention this year.

        • What's pissing me off is that the scalpers are already in full force. Scores of tickets already on E-bay and StubHub for these games. It seems to me there should be some sort of regulation against buying out all of a commodity just to turn around and jack up the price. Isn't that what Carnegie did?

          I imagine there will be a few sold out games this year with plenty of empty seats.

          • Algonad

            I imagine there will be a few sold out games this year with plenty of empty seats.

            I agree. I tried to get tickets on Saturday and failed. I think my plan will be to wait until 5 minutes before opening pitch and see what price I can get from the scalpers.

            I used that strategy for the Gophers basketball game a week ago and ended up with 13th row behind the Gopher bench for under face.

          • The Twins should have had a series of auctions to sell tickets--why let the secondary market get some/most/all of the benefit from excess demand?

            • davidwatts

              they dont care who gets the tickets. As long as people (StubHub and the like in the case) and ponying up the cash, who cares! Fans can buy Mauer jerseys! (until they dont come to terms on a contract and he is a Yankee by midseason)

          • Hah, you're describing me (slightly).

            I am in a group of 4 people who got a 40 ticket plan. We also paid extra for opening day. In our game lottery I also got game 3 against the Red Sox (April 15). Since I can't take 2 days off that week, I am selling the 4 tickets for the April 15th game. They have a face value of $18 and I am (hopefully) selling them for $50 each which will help pay for the whole season. I've actually turned down 2 offers for $30 each (one I am pretty sure was a fellow scalper who obviously thought he could sell them for even more).

            But agree with strategy of waiting right to game time to get tix as I have had lots of experience doing this. Actually waiting 5 minutes after game time is when you get the deals as that's when the scalper see the writing on the wall and need to drop prices or eat the tix.

          • It seems to me there should be some sort of regulation against buying out all of a commodity just to turn around and jack up the price.

            Until a few years ago, Minnesota had a law against ticket scalping and there was never a problem with price gouging. Just consider this another benefit of deregulation.

            • SBG

              I'm pretty sure that this will lead to higher ticket prices in the future. Why should the club price tickets at X and have scalpers profit by selling at X+Y. The Twins are smart enough to figure out the price elasticity of demand and price them accordingly.

            • Algonad

              Until a few years ago, Minnesota had a law against ticket scalping and there was never a problem with price gouging. Just consider this another benefit of deregulation.

              There was never a problem with price gouging before? I can't agree with that statement at all. The only reason there is any price gouging for the Twins this year is the new stadium is increasing demand (and decreasing supply).

              I agree with Whiffers that the team should have taken advantage of this by having auctions of their own. Or maybe Hennepin County should have had their hands in this to recoup some of their "investment." There's no reason a third party should be able to make money on this.

              • SBG

                Yeah, I'm with Algonad a little on this one. In 1991, when demand was high, I was paying a premium for Tix, no doubt about it. But for the most part, it's pretty hard to be a scalper and drive the price way up unless there's no available seats. Having it legal, though, makes it a little easier to do.

                Next year, I'm going to find a season ticket package holder and do a group sale before the single game tix go on sale. Hmmm, I wonder who might be able to help me out.

                • Algonad

                  Remind me next year and I'll look into it.

                  I have my ticket draft this Sunday. I'm a little less concerned with which games we get as any game is a good game this year.

                  Work will have groups of 2 tickets per game instead of 4 this year.

  • SBG

    The thing about bloggers is that they come up with unsubstantiated stuff and publish it. And hey, I think the Twins should kick around proposing trading Justin Morneau to the Cardinals for Pooholes, because as much as I like the big Canadian, Albert!

  • SBG

    brianS mentioned that Peter Graves died this weekend. How many of you knew this?

    Graves grew up in southwest Minneapolis, along with his older brother James Arness, who would strike it big himself as Marshal Matt Dillon on the long-running TV drama "Gunsmoke."

    Peter Graves and James Arness were brothers??

    • brianS

      I thought you were an old guy, Boss? I sure as hell knew that, 30 years ago! (but I did NOT know they were Minny-sotans until last night) Those were two guys with some seriously craggy facial features.

      as noted in the article I linked to last night, the family name was "Aurness". Graves was a family name on their mother's side.

      the part I liked the best in that obit was that he met his wife in college and they stayed happily married for 60 years.

      Marshall Dillon was a WWII war hero too. I did not know that.

    • They went to Washburn High School a few decades before I did. Take that, Southwest High (our rivals)!

      • sean

        When did you attend? I was only there for two years ('99-'01). And I wasn't really good with the whole cheering thing.

        • I was not good at the cheering thing either - though we were state football champs my senior year. So that puts me about a generation ahead of you. I think Hrbek and I are peers.

  • Top Jimmy is at it again, implying Joe Nathan is more important for the Twins over the next two years than Joe Mauer. I won't even link to the article, it's so ridiculous.

  • brianS

    The Mayor of Duhloot knows a thing or two about marketing. Not necessarily good things, but things.

  • Just turned on the FLA-MIN game on the radio, thankfully in time to hear the Marlins' PBP guy give the Twins a verbal BJ for their ability to do the right things, all the time, no matter who they have. Oy.

    Shortly after this long love letter to the Twins, Kubel hit a three-run homer to put the Twins up 3-1 with a very big thing.

    Now they're talking clumsily about the Twins and signing Mauer...I'd really like to go a day without thinking about it.

  • brianS

    I love the deadpan deliver of this article about wind turbine-generated electricity (the bulk of the story is about local restrictions on heights of turbine installations; I'm just talking about the first few paragraphs).

    When Gus Sansone decided to invest in a wind turbine for his home in 2001, he had no idea just how much money, and energy, he would be saving in the long run.

    He said he paid about $36,000 to have the 80-foot-tall turbine installed, but with state and federal rebates, the cost came out to just over $16,000.

    After six years, the turbine paid for itself, expedited by Southern California Edison rate increases and Sansone's switching over to an electric dryer and an electric baseboard heating system in his home.

    So, to recap, the guy got a $20,000 subsidy to install a $36,000 piece of equipment, then bought a new dryer and installed a new home heating system, and it "only" took six years to earn back his nominal cost of installing the turbine? Which means probably another ten years or so to reach the social "break-even" point, not factoring in environmental values or upkeep (or talking about his opportunity cost)?? Oy.

    Boss, I know you have family in the wind business, but this is the sort of stuff that I really struggle with.

    • SBG

      So, about $3000 a year in cost savings on a $36,000 investment. That's about 8%. You getting 8% a year on the stock market? Plus, no emissions. Plus, how's that grid out there?

      • brianS

        well, no, that's not about 8 pct in net returns, because you have to figure in depreciation of that capital investment. If I buy mutual fund shares with my $36,000, I'm reasonably confident that I can re-sell them at any time. What does the secondary market look like for 6+ year-old wind turbines and towers on which no maintenance has been done (or if it has been done, for that matter)? I presume the expected life span of these things is on the order of 15-20 years (assuming prudent maintenance)??

        This is not to say that I'm opposed to wind power. Far from it. I just find these wide-eyed articles disconcerting. Who do people think is paying for the $20K in tax breaks? I want us to be honest about the economics and serious about how we price the environmental effects.

        but your point about the grid in relatively remote places is a really good one. There are lots of places in the U.S. (and around the world) where connection to the grid is really, really, costly.

        [addendum: this guy says 20-25 year expected lifespan, assuming the owner spends an average of 1.5-2 pct of purchase price annually in maintenance.]

        The lifespan of a modern turbine is pegged at around 120 000 hours or 20-25 years, but they aren't totally maintenance free. As they contain moving components, some parts will need to be replaced during their working life. From what I've researched, the cost of maintenance and parts replacement is around the 1 cent USD/ AU per kWh or 1.5 to 2 per cent annually of the original turbine cost.

        • SBG

          S&P 500 close, March 2001: 1,160.33*
          S&P 500 close, March 2010: 1,149.99

          Adjusted for stock splits and dividends.

          Now, admittedly, this has been a crappy decade for investing, but an investment in the stock market made at the same time as those towers were built would have gained you a negative return. The opportunity cost has been pretty low. I get your point, though. It's a costly venture.

          But, look. Wind power is still in its infancy -- these guys are early adopters. More towers will drive the price down. Having an alternative green energy source break even over the long haul is good news! There are societal costs associated with relying on fossil fuels, you know.

  • Milt on Tilt

    Is there a WGOM Bracket?

  • SBG

    If someone sets it up, I'll enter a bracket. Winner gets sidebar recognition.

    • brianS

      I believe I received an invite from a Citizen, following up from last year's debacle (on my part). Spooky??

  • SBG

    I wonder if Connors and McEnroe hate each other.

  • brianS

    Hey, Boss. Any chance you could put up a link to the Meat Store in the Links area? I've already forgotten, and I'm sure other Citizens will want to get in on the WGOM-approved apparel opportunities.