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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (11139)	7/11/2009 11:38:41 AM
From: longnshort	Respond to of 86363

Big Media Don Boudreaux Here's a letter that I sent several days ago to a member of Big Media: 27 March 2009 Editor, The New York Times 620 Eighth Avenue New York, NY 10018 To the Editor: A headline about New York Senator Kirsten Gillibrand reads "As New Lawyer, Senator Defended Big Tobacco" (March 27). I ask: Are you capable of writing "tobacco" without prefacing it with the word "big"? Similarly, can you write "oil" without the same ominous preface? These industries indeed are big, but each is a dwarf compared to Uncle Sam. So why do you not routinely describe government as "big government"? The menacing overtones of such a description are especially appropriate for the state because, unlike "big tobacco" and "big oil," government uses violence against persons who refuse to fund its budget and otherwise do its bidding. Sincerely, Donald J. Boudreaux cafehayek.com

To: RetiredNow who wrote (11139)	7/11/2009 4:18:19 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 86363

Statistics are powerful tools if you know how to use them. Yeah... They certainly are.. Look how the Rating Agency's statistical analysis of FICO scores permitted Investment Banks to turn sht into gold in the Asset Backed Securities markets. All of those models were based upon statistical analysis expected default rates. Did they match the actual reality? At a 40-50 mile range, they would literally meet the needs of 75% of consumers.* All except that inconvenient over-night plug in requirement and having to pay 1 1/2 to 2 times the cost of currently fuel efficient vehicle. I'll wait for your statistics to catch up with reality. Hawk