Heh.If Mr. Jones is correct, he can make a financial killing. All he need do is to invest all of his assets going long in gasoline futures (which are today about 30 percent lower than they were in late July). Indeed, he ought even to cash out all the equity in his house, max out on his credit cards, and borrow heavily from his brother-in-law so that he can invest as much as possible in these futures.
He can then contribute his post-election financial bounty to the Democratic National Committee.
5.10.06
IF YOU'RE SO SMART, WHY AREN'T YOU RICH? Don Boudreaux offers an extended version of that argument to a devotee of the argument that Karl Rove is more powerful than a Lyapunov attractor.
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