Tuesday, May 31, 2005

Market Manipulation by The Euro-Weenies? Non.

Good morning to you! I hope that you all had a great Memorial Day weekend and that everyone thanked a veteran for their service. I did not serve, but I hold those that do and that have in the highest regard. Their sacrifice of their time, and willingness to put themselves in harms way in places far away is the ultimate sacrifice one can make. To all of you that are currently serving, thanks!

On the Memorial Day holiday I took my two sons to Chuckie Cheese and they had a great time. When we were leaving I noticed a bumper sticker in the parking lot that I found disturbing. The bumper sticker read, "Don't Pray In My School, And I Won't Think In Your Church." So many things disturb me about this I don't know where to start. One of the things that really gets me is the word "my" to describe the school. Based on the socio-economics of people who drive a car like this one, and would waste their time putting this bumper sticker on the car I would have to conclude that their children attend a public school. The definition of public means that something is accessible or shared by the whole community. So I guess the next question begging to be asked is what community does this person live in? They may live in Alpharetta where the Chuckie Cheese was located, or they could live anywhere in the North Atlanta suburbs, or maybe even in Atlanta because the car had a Georgia tag. Let's assume that they live in Alpharetta. I am going to go out on a limb and guess that the majority of the people living in Alpharetta would call themselves Christians of some sort which means that they believe in Christ, that he was the son of God, and that he died on a cross to forgive us all of our sins. I believe without a doubt to assume that the majority of people in Alpharetta are Christians is a very safe assumption. I also believe that most of the Christians in Alpharetta that have children in schools were exposed to praying in school just like I was, which was always before sporting events, and in some schools I attended we prayed every morning before school started. So now the question becomes whose community is it? What I am getting at here is that with most of the children in public schools in Alpharetta being Christians and coming from Christian homes isn't it more their community than the few that for some unknown reason find themselves offended by prayer? Our country was founded on freedom of religion, not freedom from religion. The only way this person can justify saying "my" school is if they are home schooling or sending their child to some sort of atheist academy. This is just another example of a small minority trying to vocally establish their rights through authoritarian means showing a lack of respect and regard for democracy and the majority. Then there is the, "I won't think in your church" part of the sticker. This line is to remind you that this person is an intellectual and that if you believe in God and attend church you must be a stupid simpleton. This strategy is one of the liberal establishment’s favorites, if you can not beat them on issues or argue with them and win then simply call them stupid and remind them of your intellectual prowess. I have found through a lot of first hand experience that the people who pursue this strategy are usually the dumbest of the lot. I have liberal friends that I can have friendly discourse and exciting debate with and then there are the ones that I crush unmercifully and in the end all the can do is say, "yeah, but your a racist, homophobic, dumb-ass, and your from the south so you must be real dumb, and because your only 37 you just don't know any better." Why is it my liberal friends that can hold their own with me never resort to name calling? Why is it my liberal friends that can hold their own also would never have a bumper sticker on their car insinuating that people of faith are dumb? To the person with the sticker on their car, I look forward to seeing you in church and I hope that you do think while you are there because maybe just then you will get it. You are probably young, there is still time for you to change. I did.

We raised prices for the US Open Golf tournament on Friday for the first time in weeks. There was definitely some buying going on last week by the brokers. Maybe they were just covering orders for early delivery and they needed to get them out before the long holiday weekend? All I know is that market definitely tightened up last week, where it goes from I here I do not know. My guess is that the tightening was only temporary and we will see prices begin to ease again this week.

I have been emailing with some of my correspondents from overseas and the picture they paint for our business over there is bleak. There were some big football matches last week and all of the tickets were "named" meaning they had your name on them. The ticket takers at the gate were randomly checking people's id's to make sure the ID matched the name on the ticket. The Ryder Cup, the World Cup, and the Winter Olympics in Torino are all planning on doing random checks at the gates to make sure passport ID's match with the ID's associated with the tickets. What is going on over in Europe? The United Kingdom is really the only country in Europe that has ever embraced free markets and capitalism and even in the UK the socialists make up a much larger portion of their society than here in the USA. I think the problem is that the Europeans simply just do not get it. I can't even figure out what they are thinking here? I have been told that it is for security reasons, but it when you read the European press it seems as though they are out to end the ticket touts business for good. Can they end the touts for good? I think not, but can they further restrict the marketplace and drive prices even higher for those who could not get a ticket but still want to go? Definitely! Maybe there is something more diabolical at work here? Maybe, the corporations and VIP's who get most of the tickets have colluded with FIFA, UEFA, the Olympics and others to place these restrictions so that when it comes time for them to sell their inventory to the touts they can get more? This could be a form a market manipulation like we have never seen. Could the Euro-weenies be that smart or that greedy? I don't think they have it in them.

Until Tomorrow - Adios!

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