1.06.2006

G-d Does Not Play Dice...

...but the rest of us surely do.

James Dobson: "If the nation’s politicians don’t fix this national disaster, then the oceans of gambling money with which Jack Abramoff tried to buy influence on Capitol Hill will only be the beginning of the corruption we’ll see. Some religious leaders want new ethics rules for Congress, but that’s only a band-aid fix. Politicians need to root out this infection. Gambling – all types of gambling – is driven by greed and subsists on greed. That makes it morally bankrupt from its very foundation. Gambling creates addicts, breeds crime and destroys families. We need courageous office holders who will begin the process of shutting down lotteries, casinos and other gambling outlets."
Gordon Gekko and James Dobson: they're both evil, but only one of them is stupid. I've said before that I'm not big on gambling. -EV games scare the crap out of me. I only take marginal odds in poker when the situation is fluid enough for me to catch up, usually out of the blinds. But is it possible for anyone in James Dobson's position to so fully misapprehend the nature of our economy? Lots of everyday things are a gamble, and not just from a certain point of view. Insurance is a gamble - you are betting a (relatively) small amount of money against a statistically unlikely catastrophe. And as with all gambling, the house likes to win - ask my brother, who beat leukemia when he was a teenager but won't be able to get a decent healthcare policy until one is mandated for him by law. The stock market? A gamble. Nobody puts money into the market and hopes it will go down (well, short-sellers do, but it just reinforces the point - they're making a wager based on the outcome of future events). Any type of investment, period, is a gamble. Any type of manufacturing or retail enterprise is a gamble - manufacturers hope that their sales will outpace the cost of production, retailers hope they'll be able to unload their goods at sufficient markup to cover their costs. R&D is a longshot gamble - throwing money into a hole and hoping something magical will come out. Some of these gambles may be safer than others, but they're all still gambling. Far be it from me to contradict one of America's Mullahs, but America is gambling. The food on our tables, our standard of living, our hopes for our children - they all come from a gamble that we hope will pay off. And I fail to see the difference between wagering on truly random events (the toss of a coin, a roll of the dice, the turn of a friendly card) and events which are not random but over which we have essentially no control (the outcome of the Vanderbilt game, a drunken maniac on the road, whether General Motors will make their earnings targets). They're all wagers which we take based on the information available to us at the time. None of them are evil. Though a lot of them are, like Dobson, pretty dumb. I take comfort in my near-certain knowledge that Dobson probably never had a decent hummer in his life. If pressed, I'd probably be willing to lay 5-to-1 odds. Any takers?

1 Comments:

Blogger StudioGlyphic said...

Nice post. These guys are dumbfucks.

1/06/2006 06:45:00 PM  

Post a Comment

Links to this post:

Create a Link

<< Home