How do the real people of America, those who do the work, raise the families, pay the taxes, defend the nation and make America the truly exceptional place that it is, feel about an arrogant young man whose self-esteem is so much greater than his accomplishments?
Do they want a president who has seldom held a real job, never run a business or done much of anything other than promote himself? And what about the young idealists preparing to cast their first votes? Do they really intend to vote for an illusion? Do any Americans want a president who regards himself as a citizen of the world and may have mixed loyalties?
The potential downside consequences of an Obama presidency are enormous. And on the upside, what is to be gained? The frisson of having voted to elect an African-American president? A last-minute slap at President Bush, who will be out of office in January anyway? A pointless protest against a war that is now being won and will soon be over?
Does anyone seriously think that Barack Obama will do better than John McCain in keeping America safe and prosperous? Surely not. Risking a lot to gain nothing is a very bad bet — potentially even fatal — but that is exactly what the Democrats and the media are asking voters to do.
Originally from the pit at Tradesports(TM) (RIP 2008) ... on trading, risk, economics, politics, policy, sports, culture, entertainment, and whatever else might increase awareness, interest and liquidity of prediction markets
Thursday, September 18, 2008
Risk/reward anyone?
Anyone who likes to think in terms of risk-reward should check this out:
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