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seabass

08/20/03 12:14 PM

#24597 RE: otraque #24570

>>>>the significant majority of our population are like "investors" that buy into a scam stock, and as the shorts produce tons of evidence it is a scam stock, they nonetheless hold and average down until penniless rather than EVER say they were WRONG.<<<

And for redemption, cast blame where it doesn't belong. Works the same way in republican politics. "We didn't say Iraq tried to buy uranium - the British did". Most Bush supporters take it one step further and don't even bother with excuses since any suggestion of wrongdoing on part of their master is considered so outrageously misguided the only response required is scorn.

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goodluck

08/20/03 12:16 PM

#24599 RE: otraque #24570

i have at times considered that the significant majority of our population are like "investors" that buy into a scam stock, and as the shorts produce tons of evidence it is a scam stock, they nonetheless hold and average down until penniless rather than EVER say they were WRONG.

FWIW, I think you're right.

I wish you weren't.

The Founders knew how unstable democracies were. The Constitution was written in the way it was written not in order to give the US more democracy, more rule by the many, but less. It was designed with checks on every branch of government and also designed to allow the govt to check the people. But the winner take all elections that they built into the system has corrupted it--they didn't forsee how powerful parties would become. Madison in particular envisioned that the two branches of Congress would be independent entities, would have their own sense of honor and institutional integrity. He and most others also assumed that they would be the most powerful branch, which is why they put as many checks on them as they did, besides elections. They would have been dismayed, I think, at the way parties have blurred the checks and balances that they built in, made it so that party bosses behind the scenes can control at least two and perhaps even all three branches if things go right for the Republicans in the next year and a half.