[ExI] elections again
spike66 at att.net
Tue Feb 12 06:52:58 UTC 2008
Pardon my overposting today. As a moderator I should spank myself bigtime,
however I notice that there is a lot of excellent high-quality meme-age
flying about today, and no one is flaming, thanks.
I watch the Iowa Electronic Markets, the real money version of IFX Ideas
A lot of it these days is political stuff. While looking at the trends, it
suddenly occurred to me that this provides a perfectly legal (even if
neither ethical nor moral) way of buying votes.
Imagine a close political contest between Hosenose and Butthead. Imagine a
rich person prefers Hosenose, but has already donated to the limit. She
checks Iowa Electronic Markets, and sees that Hosenoses are selling for 47
cents a share and Buttheads are selling for 53. She could buy a million
shares of Hosenose for 470k, and give them away to random poor people, say a
hundred shares each to ten thousand people in a critical state. Then of
course if Hosenose wins, those gifts are worth a hundred dollars, otherwise
nada. Surely this would encourage Hosenose votes.
More information about the extropy-chat