A Signaling Game

Excerpts from Obama's Acceptance Speech on November 4th.

"For even as we celebrate tonight, we know the challenges that tomorrow will bring are the greatest of our lifetime - two wars, a planet in peril, the worst financial crisis in a century. Even as we stand here tonight, we know there are brave Americans waking up in the deserts of Iraq and the mountains of Afghanistan to risk their lives for us. There are mothers and fathers who will lie awake after their children fall asleep and wonder how they'll make the mortgage, or pay their doctor's bills, or save enough for college. There is new energy to harness and new jobs to be created; new schools to build and threats to meet and alliances to repair."

"It's the answer that led those who have been told for so long by so many to be cynical, and fearful, and doubtful of what we can achieve to put their hands on the arc of history and bend it once more toward the hope of a better day."

Forgive me for being a bit cynical about the next four years after this.

That is 150 million dollars that is not going toward either of the following: education, infrastructure, government worker salaries, paying off government debt, soldiers abroad, or even pushing papers in our labyrinthine bureaucracy. Chock it up to "fiscal stimulus" for the struggling entertainment industry.