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Sunday, November 9, 2008

Loose Ends... Vol. XVI

The election is behind us. There will still be plenty more to discuss, analyze and talk about here at Stop Taking Soma!

This election, at least 1,604,638 brave Americans didn't take their soma. They voted for someone other than Barack Obama or John McCain. Ralph Nader had the best showing garnering 679,149 votes. Bob Barr tallied 499,912. Chuck Baldwin edged Cynthia McKinney by receiving 180,780 votes to her 146,539. I applaud these candidates and those who voted for them. They stood against the system and the rhetoric of wasting votes.

Turnout for this election did not meet expectations. Total votes cast stands at 124,470,677 with 99.6% of precinct reporting. By my math, this equates to about 58% of the eligible electorate. Next time someone talks about a third party candidate costing someone an election, remind them that over 40% of people didn't vote at all. That is a much larger factor than the small percentage cast against the established duopoly.

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I joined Free Hoosiers this week. This is a new social networking site set up by the Libertarian Party of Indiana. While I still have not officially joined the party, I feel that I soon will. For those of you who are also residents of Indiana and have libertarian leanings, I encourage you to join as well.

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China has just announced a four trillion yuan ($586B) economic stimulus package. WOW! Now that is socialism in action. They have decided to out-Keynes everyone else. I don't have enough details on this yet, nor am I knowledgeable enough, but I'll keep my eye on this one. This money will mostly be pumped into China's domestic economy to spur growth. Will this begin to limit their appetite to buy U.S. treasuries? If so, this could have serious implications on our own economy.

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