Monday, September 29, 2008

College Football Rankings,the Stock Market, and Joe Biden



For a USC fan last Thursday was a 777 point drop in the Dow. We played an unranked team and lost. We dropped from first to ninth in most polls. If we have a wonderful rest of season we will come back to play in one of the BCS games, possibly even the championship. But a lot of the commentators said USC is through for the season.

Today, the stock market dropped 777 points (what the 24/7 MSM called the largest drop in history - they should check their history). A lot of fans of our economic system were twitterpated after the House failed to adopt a rescue package that most Americans think is a mistake. Does that mean that we should adopt the mistake? Is the market likely to respond positively if we get a package that makes some sense? Of course.

Then, as I was going through Dulles, I noticed a number of stands selling political items - each having a standup picture of the candidates for President and VP - but do you notice Joe Biden is not there. He was not there at any of the stands. Does that mean he is going to give Pete Carroll advice on football or that he went to Wall Street? (iPhone Photo)

Reading signs or looking for cardboard cutouts can be an awfully deceptive thing to do.

2 comments:

sleepy said...

you can get a biden cutout at lifesizecustomcutouts.com

drtaxsacto said...

Even better, you can get one by meeting the real person, who I think is mostly a cutout (remember Neal Kinnock!) - the point here was not whether one could get a cutout or indeed recover 777 points in one day - rather that the signs we see and interpret may not give us a true reflection of reality.