Wednesday, January 18, 2012

It's The Economy Stupid: Your Government Dollars At Work

The Navy last month signed a $12 million contract to buy 450,000 gallons of fuel made from algae and used cooking oil, the largest biofuel purchase in U.S. government history. While that price amounts to OVER $26 a gallon, the department says the expenditure will help next-generation biofuels become competitive with conventional transportation fuels.

 

Okay, economically speaking, that’s STUPID.

 

 

 

John Broussard

Assistant State Treasurer

Chief Investment Officer

State of Louisiana

Department of the Treasury

Ph:  225-342-0013

Fx:  225-342-9721

Email:  jbroussard@treasusry.state.la.us

 

It's The Economy Stupid: PPI & Industrial Production

Upside surprise on US core PPI, Broad-based rebound in US manufacturing output

 

The PPI declined by -0.1% MoM in December, below the consensus +0.1% MoM. The downside surprise largely reflected the food component, which fell -0.8% after six consecutive months of gains. The energy component was also down -0.8%, close to expectations. Core PPI surprised on the upside, rising +0.3%, two-tenths above the consensus. This partly reflected a rebound in the vehicle components, autos and light trucks.  Elsewhere, the picture was more mixed, with gains in pharmaceuticals, tobacco and women’s apparel offset by declines in electronic equipment, appliances, and men's apparel.

 

Industrial production rose +0.4% MoM in December, in line with consensus +0.5%. There was a sharp -2.7% decline in utilities output offset by a much stronger-than-expected +0.9% increase in manufacturing. The upside surprise partly reflected the vehicles component, which rose +0.3%. By industry group, both durable and nondurable components rose.  Looking ahead, the continued upward trend in manufacturing surveys and the strong rebound in the level of output in December appears to have set a nice base for further production growth in Q1.

 

 

John Broussard

Assistant State Treasurer

Chief Investment Officer

State of Louisiana

Department of the Treasury

Ph:  225-342-0013

Fx:  225-342-9721

Email:  jbroussard@treasusry.state.la.us

Thursday, January 12, 2012

It's The Economy Stupid: Jobless Claims & Retail Sales

Economic Event

Period

Economic Survey

Actual Reported

Original Prior

Revised Prior

Advance Retail Sales

DEC

0.3%

0.1%

0.2%

0.4%

Retail Sales Less Autos

DEC

0.3%

-0.2%

0.2%

0.3%

Retail Sales Ex Auto & Gas

DEC

0.4%

0.0%

0.2%

-

Retail Sales "Control Group"

DEC

0.3%

-0.2%

0.2%

0.3%

Initial Jobless Claims

JAN 7

375K

399K

372K

375K

Continuing Claims

DEC 31

3595K

3628K

3595K

3609K

 

 

Okay, no one saw the increase in jobless claims coming.  That was a negative surprise.  And frankly, the December retail sales was an abysmal number. (Remember December?  There’s this Christmas thingy that goes on in December.  Supposedly a lot of people buy stuff for that.) Ugh!  Seems like we take a couple of steps forward, and then a giant step backwards. 

 

Oh well, one month doesn’t make a trend.

 

 

John Broussard

Assistant State Treasurer

Chief Investment Officer

State of Louisiana

Department of the Treasury

Ph:  225-342-0013

Fx:  225-342-9721

Email:  jbroussard@treasusry.state.la.us

Street Address:

445 North Blvd, 7th Floor

Baton Rouge, LA 70802

Mailing Address:

P.O. Box 44154 Capitol Station

Baton Rouge, LA 70804-4154

Physical Location:

One City Plaza, 7th Floor

Corner of North Blvd & 4th Street

Exit 1B I-110 Convention Street,

Turn Left to get to North Blvd,

Turn Right on North Blvd

 

Wednesday, January 11, 2012

Visions of Curly Hallman

    

Rivals.com   Yahoo! Sports Home 

   

Tiger Penthouse

The Tiger Den

 

January 11, 2012

 

Bryan Lazare

TigerBait.com Senior Writer

 

LSU coach Les Miles always talks about his team winning all three phases - offense, defense and special teams.

 

Well, Miles' Tigers squad was 0-for-3 in those areas in the Mercedes-Benz Superdome on Monday night. As a result, LSU is not the 2011 college football national champion.

 

Alabama, the Southeastern Conference Western Division runner-up to the Tigers, won all three phases en route to its 21-0 victory in the BCS national title game. For such a result, one must give the nod to Nick Saban over Miles in the coaching matchup.

 

There was no game this season that LSU was beaten as soundly as it was Monday night. The 21-point loss was the worst for the Tigers since they lost to Florida 51-21 three seasons ago.

 

Without a doubt, LSU took its worst pounding when it had the football. Everyone knows by now that the Tigers didn't run a play in Crimson Tide territory until the fourth quarter. With a first down at Alabama's 32, LSU went backwards.

 

On first down, Michael Ford took an option pitch and was dropped for a three-yard loss by DeQuan Menzie. The Tigers were pushed back five more yards when Chris Faulk was penalized for a false start. On second down, Spencer Ware failed to haul in a Jordan Jefferson pass.

 

On third down, Jefferson overthrew an open Jarvis Landry over the middle. On fourth down, Dont'a Hightower sacked Jefferson, who fumbled. Nick Gentry recovered the ball at midfield. Therefore, no LSU possession ended in Alabama territory.

 

In LSU's 9-6 victory against the Tide back in November, its only offensive call which worked was the option. Now, everyone could be assured that Saban would have his defense ready for the option in the rematch. That scenario definitely played out. The Tigers did nothing with the option.

 

The most disappointing part of the offensive game plan was the lack of another way to attack the Alabama defense. LSU didn't try to run the ball inside as Kenny Hilliard and Ware had a combined eight attempts. Of course, it didn't seem that the Tigers line could block the Crimson Tide front.

 

So, that left LSU to build the offense around Jefferson. Now, everyone knows that Jefferson is not a very accurate pocket passer. He needs to throw the ball on the move with rollouts and boots. Everyone saw a quarterback use those types of passes quite successfully Monday.

 

Unfortunately, it was Alabama quarterback AJ McCarron. The Tide had 23 pass completions with 11 going to tight ends and running backs. Brad Smelley had seven catches for 39 yards. Alabama always had a way of gaining yards on early downs.

 

The LSU offensive staff didn't follow suit. One bootleg pass was called for Jefferson. For the most part, Jefferson sat in the pocket. As the game wore on, the Crimson Tide turned up the pass rush. Jefferson was sacked four times and scrambled four other times. He also threw an interception to avoid a sack.

 

There were three offensive plays in the first quarter which set a horrible tone. On the first series, the Tigers had a manageable third-and-two from their 36. The play never developed as Jefferson dropped the shotgun snap from center P.J. Lonergan.

 

LSU started the second series from its 21. That possession never had a chance as tackle Alex Hurst was called for a false start before the first play. That penalty was the first of three false starts against the Tigers.

 

On its third series with Alabama ahead 3-0, LSU picked up a first down on a Jefferson scramble. Facing a third-and-four from the Tigers' 47, Jefferson threw a pass in the flat to Alfred Blue. It appeared that Blue had room for a first down.

 

Blue merely had to avoid a Tide linebacker. Blue was very unsuccessful as C.J. Mosley tackled Blue not for a short gain, but for a three-yard loss. The Tigers never got close to midfield again until they trailed 12-0.

 

Once again, the Crimson Tide secondary made Rueben Randle a non-factor. He gained 13 yards on three receptions. In the first game, Randle snagged only two passes for 19 yards. Russell Shepard wasn't utilized in any manner. Odell Beckham was the one receiver targeted by Jefferson.

 

For the first time since Miles became coach, LSU failed to score a point. The game plan wasn't the best. Once the offensive line couldn't open any holes or stave off the pass rush, Jefferson had no chance. Miles had no intention of using Jarrett Lee, who lacks mobility, against the Tide defense.

 

The Tigers defense played well enough to keep the team in the game. Even though the LSU offense was non-existent, Alabama didn't clinch the victory until Trent Richardson's 34-yard touchdown run inside the five-minute mark of the fourth quarter.

 

The Tigers held the Tide to seven field goal attempts, However, Alabama got about ten yards deeper each time than it did in the first game. None of the five field goals made by Jeremy Shelley were longer than 44 yards. More importantly, the defense caused no turnovers.

 

Saban put the game on the shoulders of McCarron, who responded with a 234-yard passing night. Richardson was used as a secondary option. He had 22 touches - 20 runs and two catches - for 107 yards. Marquis Maze injured a hamstring in the first quarter and didn't play the rest of the night.

 

So, it wasn't a game plan dominated by Richardson and Maze. The Tide went to the air with McCarron finding the other receivers - Smelley, Darius Hanks and Kevin Norwood. Hanks and Norwood combined for 136 yards on nine catches.

 

Tyrann Mathieu was victimized in coverage when he lined up on the outside on patterns similar to the ones used by Tennessee's Da'Rick Rogers. The bootleg action by McCarron negated LSU's pass rush. The Tigers had two sacks and rarely pressured McCarron.

 

It was expected that LSU would use a different offensive strategy in which it moved Jefferson in the pocket. Instead, Alabama put McCarron on the move with great success.

 

Finally, the Tigers had to win the special teams matchup in order to come away with a victory. LSU surprisingly had the poorer kicking teams Monday. Maze had a 49-yard punt return to set up the first Alabama field goal. Mathieu had one punt return for one yard.

 

Christion Jones took James Hairston's lone kickoff about five yards deep in the end zone. Jones brought the ball out to the Tide's 32. Alabama drove for a field goal to put it on top 12-0. LSU had six kickoff returns - five by Morris Claiborne - and never reached its 30.

 

Then, Jeremy Shelley connected on five of seven field goal attempts. The only key play by the Tigers came on a blocked field goal by Michael Brockers. But, that second-quarter play brought about no change of momentum.

 

Finally, there is the issue of stadium atmosphere. In LSU's national title game victories against Oklahoma and Ohio State, it definitely had a Superdome homefield advantage. There was no such situation Monday. At best, the crowd was evenly divided. There could have even been a few more Alabama fans.

 

There was a competition for secondary tickets - those not sold by the schools. Give the Alabama fans credit for doing a good job at not letting LSU fans dominate the Superdome. The fact that the Tigers didn't have a decided edge in crowd noise prior to the game was an indication of what was to come.

 

 

 

Tuesday, January 10, 2012

BCS Championship: Looking in the Mirror

THE BCS NATIONAL CHAMPIONSHIP
A look at LSU versus Alabama: Looking In The Mirror
By John Broussard

Okay, let's just say it. Alabama whipped our ass. Plain and simple. They wanted it more, they were better prepared by their coaching staff, and frankly they had the better game in every phase of the game. Okay, maybe our punter was better.

Quarterback – My hat's off to A.J. McCarron. He executed their game plan to perfection. The Tigers weren't going to let Trent Richardson beat them, and he didn't. McCarron did. He threw the ball well, made no foolish mistakes, and was the biggest difference in the game. Now juxtapose McCarron's performance with that of Jordan Jefferson. Jefferson was inept and ineffective. And that's probably being kind to Jefferson. He was abysmal.

Offensive Line – What can you say? Their offensive line was clearly head and shoulders better than ours. Their line gave McCarron the time he needed to execute their game plan and ours didn't. Our offensive line was absolutely no match for their defensive front seven.

Running Back – Richardson finished with 95 yards, well below his average, which was a testament to LSU's front 7. He really didn't need to gain a yard. McCarron beat us handily without him.

Receivers – Their receivers played great, ours never had a chance to show what they could do.

Defensive Line & Linebackers – What can you say? Their defensive front seven stonewalled our offense. It was an embarrassing offensive performance by LSU and an amazing defensive performance by Bama. Clearly they have the best front seven in college football. Our defensive line played well, but they would have had to have played other worldly to have made a difference in this game.

Defensive Backs – Once again, my hat's off to Bama. Their defensive backs played great, ours played okay, certainly not great. The Honey Badger wasn't even close to his 'A' game. McCarron repeatedly threw to Mathieu's side of the field and avoided Claiborne's side of the field. It was a great game plan. Mathieu was clearly the weaker of the two cornerbacks.

Special Teams – Hey, Bama's special teams took the game. They made the kicks; we didn't even get a chance. Frankly, if we had a mediocre punter the score probably would have been 42 to 0. Wing and our red zone defense kept LSU close.

Coaches – Nick Saban deserves the accolades. His game plan was sound, he had his team ready to play at their best, and he made all the right moves during the game. In my view, this was Les Miles worst game since the Ole Miss time clock debacle. Clearly Jordan Jefferson was inept. As the game wore on the offenses body language got worse and worse. On the field their shoulders were slumped, hands on their hips in between plays. On the sideline their heads were down, shoulders slumped, just awful body language. They needed something to pick them up, to give them optimism, to change the Tide. Miles never made a change at quarterback even when his best running option at the position couldn't execute a simple option play. Jefferson NEVER made the linebackers commit. He strung the option out along the line until the linebacker and defensive back could easily handle either Jefferson or the running back.

Okay, let me say this. I don't think Jarrett Lee would have made a difference in this game given the way that Bama's defense was playing. I don't know what Jarrett Lee did to deserve Miles' dog house, but clearly he must have done something awfully bad. He started 8 games, all wins for LSU. He threw 2 interceptions against Alabama and never saw meaningful action again. You cannot tell me that his 2 interceptions against Alabama in November were worse than Jefferson's ineptitude against Alabama in the BCS Championship. JEFFERSON NEVER GOT THE OFFENSE PAST THE FIFTY YARD LINE in the first three quarters of the title game. And yet, as LSU fell further and further behind, as it became painfully clear that LSU's offensive line was not going to be able to move the ball running on Bama, Miles never made a change to a quarterback who could throw the ball. Lee saved the Florida and Alabama games last year with his passing. He certainly won the first 7 games of this season for LSU. What did he do to be banished to Siberia? Slap Kathy Miles on the ass? Hit on Smacker? My guess is he probably told Miles what he thought of his decision making. I certainly would like the chance to.

Sunday, January 8, 2012

Yahoo! Sports: Who has the edge in special teams in the BCS Championship?

Who has the edge in special teams?

By Mike Huguenin
Yahoo! Sports
Jan 7, 6:51 pm EST

Today is Part 5 of our six-part position breakdown of Monday's BCS national championship game, looking at Alabama's and LSU's special teams.

Part 1 was a look at Alabama's rush offense,
Part 2 focused on LSU's rush offense,
Part 3 was on Alabama's passing attack and
Part 4 dealt with LSU's pass offense.
Today, Part 5 looks at Alabama's and LSU's special teams.
Part 6 will look the two coaching staffs


As far as Alabama is concerned, the less said about the Tide's special teams in the first matchup with LSU the better.

By the numbers

Alabama special teams

Field goals: 18-of-29 (2-of-11 from 40 or longer)
Net punting: 36.4 yards (62nd nationally), with two touchbacks and one punt of 50-plus yards on 36 attempts
Kickoff returns: 23.7-yard average (24th nationally) on 21 returns, no TDs
Kickoff return defense: 21.7-yard average (60th nationally) on 78 returns, two TDs
Punt returns: 12.2-yard average (17th nationally) on 36 returns, one TD
Punt return defense: 5.0-yard average (20th nationally) on 10 returns, no TDs
Kickoff touchbacks: 5, on 84 attempts
Kicks had blocked: 1
Blocked kicks: 2

LSU special teams

Field goals: 16-of-18 (3-of-4 from 40 or longer)
Net punting: 41.6 yards (2nd nationally), with six touchbacks and 18 punts of 50-plus yards on 57 attempts
Kickoff returns: 22.0-yard average (53rd nationally) on 32 attempts, one TD
Kickoff return defense: 19.8-yard average (27th nationally) on 76 attempts, no TDs
Punt returns: 13.8-yard average (11th nationally) on 38 attempts, two TDs
Punt return defense: 0.4-yard average (1st nationally) on 17 attempts, no TDs
Kickoff touchbacks: 16, on 78 attempts
Kicks had blocked: 1
Blocked kicks: 1

Note: Stats from NCAA's website


LSU won 9-6 in overtime, and while Alabama made two field goals, the Tide also missed four, including one that was blocked. LSU generally has gotten the best of every team it has played when it comes to special teams.

Alabama has used two kickers this season, Jeremy Shelley and Cade Foster. Foster has the bigger leg, and all nine of his attempts have come from at least 40 yards; alas, he has made just two of those nine attempts. Shelley hasn't made a kick longer than 37 yards, but he's 16-of-20 overall.

P Cody Mandell averages 38.9 yards per attempt, which is just ninth in the SEC. His longest is a 50-yarder.

Starting WR Marquis Maze is the Tide's main return man and has had success in that role. He averages 28.5 yards per kickoff return and 12.4 yards per punt return; he took a punt back for a score against Arkansas.

Alabama's coverage units have been a mixed bag. The punt coverage has been good, the kickoff coverage mediocre. The Tide have allowed two kickoffs to be returned for TDs – and those came in the final two regular-season games, one by Georgia Southern and one by Auburn.

LSU has one of the nation's best special teams units, led by P Brad Wing, a native of Australia who moved to Baton Rouge for his senior season of high school.

Wing redshirted as a freshman last season and has been superb this season. He averages 44.1 yards per attempt, and 18 of his 50 punts have traveled at least 50 yards. In addition, he has dropped 23 inside the 20. Finally, he gets such good hang time that LSU has allowed just 6 total yards on 17 returns.

Junior K Drew Alleman also is a first-year starter, and while he lacks a big leg, he has made 16 of his 18 field-goal attempts. His longest is a 44-yarder. True freshman James Hairston handles kickoffs, and he has 16 touchbacks on 69 attempts.

While the punt coverage has been exceptional, the kickoff coverage has been strong, too; LSU has allowed just 19.8 yards per kickoff return.

Starting CB Tyrann Mathieu was a steady punt returner for most of the season, but then he became a big weapon in the past two games. He had returns for TDs against Arkansas in the regular-season finale and against Georgia in the SEC championship game, and both turned the momentum in LSU's favor. Mathieu averages 16.2 yards per return.

Fellow starting CB Morris Claiborne averages 26.1 yards per kickoff return; he took one back 99 yards for a score against West Virginia. But he hasn't done much on returns since that game; he has just eight returns in the past nine games and averaged 18.9 on those attempts.

The verdict: LSU gets the advantage here, and the advantage was a big reason it won the regular-season matchup. The Tigers enjoy a huge advantage at punter; Wing is one of the best in the nation, while the Tide's Mandell isn't even one of the best five or six punters in the SEC. Despite Alabama's field goal troubles against LSU on Nov. 5, Shelley is a steady kicker. But any kick beyond 40 yards is an adventure for the Tide. Thing is, the same could be said for LSU's Alleman. LSU also has better coverage teams than the Tide. The Tigers' punt coverage, in particular, has been phenomenal. You can be sure Alabama's breakdowns in kickoff coverage in the final two regular-season games have been noted by LSU. You also can be sure Alabama coaches have gone out of their way to make sure those breakdowns don't happen again.

Yahoo! Sports: Who has the edge when LSU passes?

Who has the edge when LSU passes?

By Mike Huguenin, Yahoo! SportsJan 6, 9:54 pm EST

Today is part 4 of our six-part position breakdown of Monday's BCS national championship game, looking at LSU's passing attack.

Part 1 was a look at Alabama's rush offense,
Part 2 focused on LSU's rush offense and
Part 3 was on Alabama's passing attack.
Today, Part 4 is on LSU's passing attack
Part 5 will be on the Tide's and Tigers' special teams and
Part 6 will be on the two coaching staffs.


You're forgiven if you don't think LSU thinks too much of the forward pass.

By the numbers

LSU pass offense

Passing yards per game: 160.2 (105th nationally)
Passing TDs: 21 (T-49th nationally)
Interceptions: 4 (T-1st fewest nationally)
Completion percentage: 61.8 (T-45th nationally)
Average yards per completion: 12.85 (31st nationally)
Total completions: 162 (108th nationally)
Passing attempts per game: 20.2 (113th nationally)
Passes of more than 20 yards *: 31 (T-84th nationally)
Passes of more than 50 yards *: 4 (T-50th nationally)
300-yard games: 0
200-yard games: 5
Games of fewer than 150 yards: 5

Alabama pass defense

Passing yards per game: 116.3 (1st nationally)
Passing TDs: 6 (1st fewest nationally)
Interceptions: 12 (T-53rd nationally)
Completion percentage: 48.3 (T-1st nationally)
Average yards per completion: 9.12 (1st nationally)
Total completions: 153 (2nd fewest nationally)
Passing attempts per game: 26.4 (14th fewest nationally)
Passes of more than 20 yards *: 15 (1st fewest nationally)
Passes of more than 50 yards *: 2 (T-12th fewest nationally)
300-yard games: 0
200-yard games: 2
Games of fewer than 150 yards: 10

Note: Stats from NCAA's statistics website; the asterisked ones are from cfbstats.com.


The Tigers have run 826 plays this season, with the emphasis on "run." Just 31.7 percent of LSU's offensive plays have been passing attempts (262), and just 32.5 percent of LSU's 62 touchdowns have come via the pass (21 of them).

QB Jordan Jefferson has started the past four games, and he has thrown for 684 yards, six TDs and one pick this season. Jarrett Lee started the first nine games and has 14 TDs and three picks, but Lee seems unlikely to see much time against Alabama in the title game. Indeed, he threw two interceptions in the teams' regular-season meeting, which was his last start; he has thrown just five passes in the past four games.

Jefferson has an OK arm, but is more dangerous as a runner than as a passer. While he avoided killer mistakes this season, he made a bunch of them the past two seasons. His mobility is a plus, and he can be effective at times on rollout passes.

He has some nice weapons at wide receiver. Junior Rueben Randle is a big guy (6 feet 4/208 pounds) who can fly, but he has just 94 catches in his career, including 50 for 904 yards and eight TDs this season. Though he doesn't get the ball all that much, he must be accounted for on every play.

True freshman Odell Beckham Jr. has emerged as a solid No. 2 receiver. His dad was a running back for the Tigers in the early 1990s, and his mom was an All-American track athlete at LSU. Beckham has 36 catches for 437 yards and two scores. But he hasn't scored since Game 5 against Kentucky.

No other player on the roster has more than 17 catches.

TE DeAngelo Peterson has the speed to be a downfield threat, and has 17 receptions and one score. Junior WR Russell Shepard lost his starting job to Beckham; he is a superb athlete but remains raw as a receiver. He has 14 receptions, but four have gone for touchdowns.

LSU's line has allowed 14 sacks, with one of those coming in the win over the Tide.

Alabama has 26 sacks this season; LB Courtney Upshaw leads with 8.5, including the one against LSU. Only one defensive lineman, backup T Nick Gentry, has more than one sack, and he has 3.5.

While the sack total might seem low, Alabama thrives on getting pressure on opposing quarterbacks. The Tide also has 40 quarterback hurries, with Upshaw leading the way with 11. Fellow LB Dont'a Hightower has eight pressures, three sacks and three pass breakups.

Alabama leads the nation in pass defense and pass efficiency defense, and also has allowed the fewest TD passes (six). The Tide has allowed just two TD passes in the past seven games. Alabama has 12 picks, and two of them came against LSU (both thrown by Lee).

The secondary isn't as deep as LSU's, but the starters make this one of the top two or three defensive backfields in the nation. Starting CBs Dre Kirkpatrick and DeQuan Menzie have combined for one pick and 20 pass breakups, and backup DeMarcus Milliner leads the team with three interceptions and also has nine breakups.

Senior SS Mark Barron is a likely first-round pick, and while his main value comes in run support, he does have one pick and five breakups. FS Robert Lester's play dropped a bit from last season, but he still has two interceptions.

The verdict: Alabama gets the edge here. LSU didn't throw for more than 225 yards in a game this season – that total came against FCS program Northwestern State (La.) – and threw for 105 or fewer yards in three of its past five games, including just 30 in the SEC championship game win over Georgia. To expect the Tigers to have a big passing game against Alabama is delusional. Indeed, if LSU has to go to the air to win, it's in big trouble. Still, LSU has the potential to hit one or two big plays in the passing game, with "big" meaning 20-plus yards. Shepard had a 34-yarder against Alabama on Nov. 5.