Friday
Oct102008
Responsible voting?
Friday, October 10, 2008 at 11:49PM Lak's post got me into a chain of thought..
yeah yeah.. it is a long chain, but here is the abridged version!
India : (color TV, bag of rice, free clothes) :: US : free money
so the voting populace, a majority of which seems to be very gullible, will vote for short term gains..
It is a democracy. If there were a majority of responsible people and they actually had a say in things, we would not be where we are now, would we?
So, why should we for one second assume that the responsible ones will have an upper hand in this election?
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tagged ignorance, politicians, politics, voters
ignorance, politicians, politics, voters
Reader Comments (4)
Politics doesnt discriminate based on borders. The forms of it may be different, but the essence is omni present !
I hope things change !
sundar:
some of my pals liked "http://www.bostongals.com/2008/09/why-700-billion-why-this-week.html#c2729469096492256912" REL="nofollow">my plan" as a starting point. if the plan is unclear, i have clarified it in another comment to the same post. ignoring how much it costs (which i have no clue about), what do you think about it?
- s.b.
if you go back to the post with my dads comment.. which has not changed in five + years..
why give anything back to anyone who borrowed as opposed to people who were cautious enough not to borrow and pay for a property that wasnt worth that much money in the first place..
let me give you an example..
on akshaya thritiyai day (god knows how long ago this was started, but has to be very recently), one cannot find parking anywhere within 2 miles of a desi Jewelry store in the bay area.. why? apparently if you buy gold on this day, you will prosper!
a scheme nicely promoted by the jewelers and advertised very well, obviously because the only ones who are prospering are the jewelers... why again? gold is sold at 1.2-1.3x on that day..
now gold prices promptly fall wihtin a month.. if all those jackasses who went and bought gold at 1.3x claim a bailout for their loss, then a guy like me who had to fight his wife not to buy gold on that day does not get any credit! and the wife gets to point the finger and say "see, those who buy gold on akshaya thrithiyai cannot go wrong!"
the bailout will do the same thing to the guys who borrowed recklessly.. justify their action.
NO !
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sundar:
don't agree with your gold analogy, because that is so much more a 'want' item rather than a 'need' item as compared to a house.
how about if we substitute 'ponni rice' for gold? what if the price of ponni rice, an essential bartarable commodity (somewhat like a primary residence), is artificially inflated.
this analogy is not 100% accurate because ponni rice is a consumable item, unlike a primary residence.
anyway, fwiw, my plan was an alternative to the proposed plan, not one thought of in a vacuum.
oh well ...
- s.b.