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LuvNewcastle

(16,846 posts)
Sun Jun 7, 2015, 06:17 AM Jun 2015

These Primaries Are Just a Formality.

Let's just allow the invisible hand of the market decide who our next President will be.

I propose that we declare each candidate a corporation and trade shares of each candidate on the NYSE. Whoever has the highest share value at the end of trading on election day wins the election.

No more voting, just daily polls on the different strengths and weaknesses of each candidate. We'll see how each candidate weathers the storm when another negative detail about him/her is revealed. Then we'll see how they deal with positive news. We could even give them news from our major propaganda outlets and see who comes up with the best soundbites. The possibilities are endless, and giving people the ability to really invest in a candidate or more than one will get people more engaged in the political process.

I just thought that since we seem to be moving into an alternate reality these days, we might as well have an electoral process that is more suitable to the new reality. Since it's become all about money, let's allow money to decide the election for us. The political process has become nothing more than a series of marketing campaigns. Might as well have a process that reflects our values today.

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These Primaries Are Just a Formality. (Original Post) LuvNewcastle Jun 2015 OP
The Political Stock Exchange Octafish Jun 2015 #1
University of Iowa has done this for years... brooklynite Jun 2015 #2

Octafish

(55,745 posts)
1. The Political Stock Exchange
Sun Jun 7, 2015, 09:39 AM
Jun 2015

Reflects reality and goes right to the Value Added proposition. Koch Brothers will love it. Those who cannot afford to have skin in the game, tough luck. Chose better off parents, those who manage Hedge Funds, for instance. Or, if you're enterprising like Phil Gramm, wait for the right moment...

The repeal of Glass-Steagall in 1999. That spelled disaster in the 2008 Bankster Bailout. The Democratic president who signed it into law was working in a spirit of bi-partisanship with his Republican Senate colleague to encourage new areas of banking by deregulating the financial industry cough gutting the New Deal protections of the Wall Street casino from using taxpayer-backed bank deposits.

Dear DU Reader, see if you can spot some familiar names on this list:



They now work together at UBS -- which received uncounted billions in bailout money -- to specialize in some kind of "Weath Management."

Most interesting concept, LuvNewcastle! Cuts right through the heart of modern Democracy.

PS: Forensic economist and former Fed regulator William K. Black wrote the Banksters remind him of what happened during the Savings and Loans Crisis of the late 80s and early 90s. At the time, that was the greatest bank heist in history. It may be why the good professor sits in a postgraduate lab somewhere, instead of rounding up all the crooks who deserve to be in prison making little rocks out of big ones.

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