Random Edness

• Business travel gets very old, very fast.
• I understand supply and demand. I understand how people panicing helped to drive the price of gas up.

  I still don't understand why speculating can drive up gas prices so fast, but reality causes downward adjustments to happen slowly.
  

• As I get older, I get to know more of the "adult bizness", otherwise known as the family secrets. Sometimes, ignorance is bliss.
  
• For the past few years, people have been complaining about the bias of the press. Those same people have been pointing out how the press gets things wrong but refuses to correct what they reported. But these same people will trust the press to present racially tinged issues truthfully.

  You tell me that makes sense.
  

Comments

[Negrorage]

Since you're feeling random...how about fielding a random question from John McWhorter?

'In response to occasional “blacker-than-thou” charges that arise within the black community, it is often said that one need not display certain cultural traits to be “black"–one need not be a good dancer, wear dreadlocks, eat fried chicken, or even speak the dialect. Clearly, however, a black person culturally indistinguishable from a white person would indeed be considered “not black.” What, then is the essence of “black"?' -John McWhorter

Go! Go! Go!

[DarkStar]

Clearly, however, a black person culturally indistinguishable from a white person would indeed be considered “not black.” What, then is the essence of “black"?'

I don't accept his premise, thus the question is garbage.

See the acceptance of rap as a great counter example.

HTH.

[blackhacker]

I still don't understand why speculating can drive up gas prices so fast, but reality causes downward adjustments to happen slowly.

Managing Expectations. Everywhere all you here is "gas is high, gas is high". And in deed it is high. But once the public gets used to paying a price point, they can charge that forever. Normally this principle works in reverse. Say Wal-mart charging 3 or 4 bucks lower than record stores for CDs. Eventually the record stores will have to do the same to compete. And the price will never go back up that high again, without good reason. Thtas why companies hate lowering prices. It becomes very hard for them to go back up. But with gasoline Expectation Management is built in. We are used to seeing the price fluctuate over the short term and rise over the long term. Until we can find something else to put in our cars to get to work, thats the way its gonna be.