Wednesday, October 8, 2008

Now that I've chimed in on these two things, maybe the news can FINALLY talk about something else.

  • The question I would have asked at last night's "town hall meeting": "Mr. Obama has said that he 'still believe[s] America is the last, best hope of Earth.' Ms. Palin has recently been quoted in saying in no uncertain terms that Mr. McCain believes, and all Americans should believe, that 'America is the greatest force for good in the world,' and has also said in the VP debate that that America is to be a 'shining city on a hill' for the world. A two-part question, then: First, do you agree or disagree with these statements now? If you disagree, how do you now see America's role in the world; and why the change? If you agree, each of you have made public claims of being Christians, why do you see America, respectively, as either a better hope for the world, or a greater force for good in the world than Jesus?"
  • I like capitalism, that people can ask other people for money to invest in the capital for their business, and if the business does well, that person gets some of the profit, and if it doesn't, they don't. That lets people start businesses when they otherwise couldn't. Which is good for the community at large. I like free markets for buying and selling things, letting the demand and the supply for a good set the price, and I like there being as little regulation from an outside entity on this process as possible. So, for example, if in your part of the country, there isn't much gas, I think people should be able to set a high price for it, since there's little supply. People will deal, and they'll be fine. Of course, gas is an obvious example that doesn't work that way, because the local supply and the demand are artificially controlled by several non-local outside entities. If everyone in my neighborhood decides to stop buying gas from the Quicktrip on 43rd, and goes to the 7-11 on Linwood, it's very unlikely the price will drop significantly at that Quicktrip. Not more than 10 cents, even. That's because someone up the chain is creating a different kind of demand than I and my neighbors can: a person who is buying and selling futures and options on oil to be delivered, shorting and going long. Same thing with coffee, gold, frozen orange juice conentrate (haha, but it's true), and debt even. In fact, a HUGE part of this whole "crisis" we're in right now is that people bought and sold debt. Which is weird to me. I don't know if I would ban it, but I certainly don't like it. If you make a bad investment, you should have to pay for it, says I. And let's not even get into the ability to buy and sell money itself. But this article does, much better than I could. So you should read that sometime.

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