LAST IN, FIRST OUT (LIFO)
By Your Athletic Supporter, Jack Strap
FIRST things FIRST, an HHI Organizational Announcement that was actually the LAST thing this AM at a post-game press conference in Adamstown after our final run at the Y-M-C-A: Bank'in Bow-Bow-Bowers is IN as our new Director of INdoor Basketball (DINB) relating to the new multi-week deal he negotiated for HHI with Pastor Ray at the Grace Fellowship Church including a new top coat on the floor. Note though that Lipper is Not OUT, but rather he was redeployed as HHI's Director of Church League (DCL). Bowers celebrated by being the FIRST OUT (FO), well before the press conference and without paying in a classic "Hoop & Dash" move.
Today's LIFO Captains were Hoooo Shot JR & What the Heck who selected these virtual franchises:
* Steve-Rollers = Captain Steve-Roller Heck, Steve Swoop, Iron Mike, Quick Mike, and Jack Strap
* JR. Achievement = Captain JR, Gary US Bonds, EX-Smoker Bob, Magnum, and our new DINB: Bank'in Bowers
* 11th Man Rover = Mighty Kerr
Game 1 found Your Athletic Supporter feeling groggy after having overslept--waking at 6:48am & rushing to the "Y" to arrive as the LAST IN (LI). Somehow this helped his game as he hit (2) deuces & a couple of driving hoops in the Steve-Rollers victory.
{Warning: Accounting content}
So now that we know who was the LAST IN & FIRST OUT, let's pause to note that LIFO (LAST IN, FIRST OUT) is a method of inventory valuation that assumes that items purchased or produced LAST are the ones that are used or sold FIRST. LIFO is an allowable method under U.S. GAAP (Generally Accepted Accounting Principles), but the International Accounting Standards (IAS) disallowed the use of LIFO in favor of FIFO (FIRST IN, FIRST OUT) or weighted average cost methods. This could be very important if/when Accounting Standards converge into one global standard with pressure to do that being driven by the fact that we operate in a global economy.
Game #2 saw JR. Achievement coming back strong led by their Hoooo Shot Captain while taking a 14-10 lead only to watch in horror as Heck scored on a drive, Strap on a corner deuce, and Steve-Roller on another 2-ball to win it for the Steve-Rollers.
The third game of the Series saw JR. Achievement with their backs up against the wall figuratively & literally in the claustrophobic YMCA gym, but they jumped to another lead. But But (don't you Love or Hate that dreaded Double But) the Steve-Rollers made a frantic late run that put JR. Achievement on the precipice of defeat down 14-13. But But But (an unprecedented Triple But) Gary US Bonds nailed the final deuce to give JR. Achievement the dramatic victory, although there were complaints by Quick of illegal substitution leveled at our new DINB--Bowers.
Game 4 was another hard fought affair, but when it came down to the end it was our local celebrity Iron Mike--who appeared this week on Berks Dance Fever or maybe it was some other show on BCTV--who hit the Daily Championship winning shot for the Steve-Rollers. It should also be noted that the Roving Mighty Kerr was also 3-1 at this point, thus also awarded a DC. This was important as the DC's paid $5 while the Stink'in Losers paid $6 except for DINB Bowers who "Hooped & Dashed" (Bank'in, you owe Swoop).
The Iron Man Finale (IMF), in what might very well be our last game ever (never say never) at the Adamstown YMCA, saw JR. Achievement with the Mighty Kerr winning the IMF Title with DINB Bowers long gone by then.