Everyone–the entire Nixon-law-subsidized looter media and even the bookies– said Hillary’s party would win and force us to keep phone-blocking telehasslers shoving socialized health insurance night and day. Why didn’t it happen? One solution comes to mind.
You know how hedging works. You buy a futures contract in X and another one in Y to offset possible losses from drought, strikes and whatnot. I suspect the GOP is using the Nixon-subsidized media to shriek Trump is losing in hopes of a sandbagging effect based on the Social Pressure theory of 1955. Televangelists whose spoiler votes Republicans fear predictably shriek Armageddon and Antichrist to rally the Faithful to Stand against the commie Satan–or be scythed by fanatical spoiler votes cast instead for the Prohibition Party. Now, here comes the good part.
Since Nixon bought them in 1971, the media are known panderers. Suppose I wanted Trump’s party to win. I would cultivate gloating predictions of Kamala’s victory, let those soak into the betting odds by pari-mutuel (not actuarial) math. I’d then send my chauffeur to deliver $10,000 to the Trump campaign, and bet another $20,000 that Trump will lose. This is hedging.
If The Don wins, I’m out $30,000 but am owed favors from the mixed-economy winners; favors worth infinitely more. If The Don loses, Irish bookies pay me back $28,888, so I make back nearly 9 thousand over what I risked even though the candidate I backed by donating ten grand didn’t win.(link)
I’d get back almost all of my large donation to Boss Trump, but could still brag to Daddy Warbucks that I gave ten grand. Gamblers and market investors understand all this with the clarity necessary to confidently put that kind of money on the line.
The looters won’t let me vote by mail, but I have sent donations to the Dallas LP and a couple of Libertarian candidates. I would gladly bet on this election and recoup my donations to the LP. For Libertarians this is a free rider opportunity not to be missed. It’s like Mr Chekov said on Star Trek: “Fool me once, shame on you. Fool me twice, shame on me!”
The Dems already copied Libertarian repeal verbiage and discarded Biden’s shoot-the-kids prohibitionism, but I still expect the Dems to lose based on their promise to make electricity as unaffordable as it is in North Korea. Do you see now why looter legislators go to so much trouble to outlaw betting?
Incidentally, Paddypower now has a cap on how much you can bet on Trump. This means the bookies are themselves hedging their losses against another Boss Trump victory.
This is your 12th chance to vote Libertarian or sanction coercion and cops shooting kids. Which will it be?
Make your vote MATTER for a change! Listen to what our opponents say about each other and remember all that at the ballot box.
She’s with Us!
Brazilian Sci-fi from 1926 featuring the usual beautiful daughter of a scientist touting prohibition and racial collectivism in America’s Black President 2228 by Monteiro Lobato, translated by J Henry Phillips (link)
Find out the juicy details behind the mother of all economic collapses. Prohibition and The Crash–Cause and Effect in 1929 is available in two languages on Amazon Kindle, each at the cost of a pint of craft beer.
The Looter Kleptocracy has evidently pressured media companies such as WordPress to make blogging as difficult as possible before the election. Twelve million libertarian votes would go a long way toward removing new impediments to blogging and restoring the usual formatting tools.