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Article: PPA: Mitt Romney Has it Wrong in Opposing Online Poker

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  1. AnotherPhil AnotherPhil is offline

    Escaz
    Costa Rica

    Posts: 71
    Joined: Nov 10

    Feb 6th, 2012 (2/6/2012 3:04pm) in reply to nikotes

    Romney has no chance to win anyway so who cares what he thinks? Not that Obama has been especially good, but this Republican pool is terrible. F*#k Mitt.
  2. Ace_this Ace_this is offline

    Smyrna, GA
    United States

    Posts: 178
    Joined: Jul 05

    Feb 7th, 2012 (2/7/2012 8:11pm) in reply to pokerscrub1

     
    Originally Posted by pokerscrub1 View Post

    You gotta wonder how the republicans plan on having the kind of novermber that they want when they continue to alienate people by projecting there values onto everyone...I mean most americans tend to agree with them on economic issues and fiscal responsibilty, but they continue to get bogged down on social issues. I mean I consider myself a fiscal conservative, but there are def a lot of things that these clowns say that just puts me off.

    My biggest issue is really with Rick Santorum, I mean seriuosly guy, get out of peoples lives. This is 2012, your anti gay, anti individual freedom, policies are just a joke, and it's why you cant get above 15% in the polls, and the only state you won was an ultra socially conservative Caucus, that is in no way indicative of how the country feels.

    I mean i feel like most Americans agree with like 85% of what Ron Paul says, but his foriegn policy, and a couple other issues just shocks & scares everyone and a large # of republicans in the primary's simply won't vote for him. If a candidate would take Ron Pauls message of individual liberty, limited government, and fiscal responsibilty, and combine it with a more realistic and mainstream foriegn policy, people would really rally around that candidate.

    Congrats republicans, you are about to snatch defeat from the jaws of victory this november, and if you want someone to blame, you need only to look in a mirror.

    RIGHT ON!!
  3. Gateman07 Gateman07 is offline

    Storrs Mansfield, CT
    United States

    Posts: 53
    Joined: Nov 08

    Feb 8th, 2012 (2/8/2012 5:11am) in reply to Ace_this

    I am an MBA who manages money for a living, and I am also a poker player. Within this context, I can state without a doubt that the fact that one of the founding members of Bain Capital dares to categorize poker as gambling is a bigger joke than the statement "the Kardashian's are the most talented family on the planet."

    The stock market, the bond market, the derivatives market, the federal reserve's 7 trillion dollar balance sheet, are all examples of taking CALCULATED RISKS based on information that is infinitely less definitive than the information that we, as poker players, use to make decisions. If I flop a flush draw, I know that I have a 1.9 to 1 chance of hitting a flush. This is a cold hard fact based in statistics and mathematics. When I create discounted cash flow models for valuing publicly traded companies, I am making literally thousands of semi-arbitrary judgments on factors varying from the compounding annual growth of a company's CAPEX, to changes in its effective tax rates. The misconception that poker is "gambling" on the part of individuals who are not part of the poker community is perhaps the most frustrating experience that I have every had to deal with under any context.

    While I would love to think that this problem lies with Romney, Bush and the legislators that allowed an online poker ban to get slipped in to the 2006 legislation that prohibited our livelihoods, the problem is much more deeply rooted than that. The problem lies with the American public. Now anyone who has signed up for pocket 5's or any similar site clearly understands how poker functions, but sadly the vast majority of Americans don't understand our game just like they don't understand how irresponsible gambling in the financial markets led America into its current recession. Its depressing. Its frustrating. Its America. The vast majority of Americans would rather read an article in the National Enquirer about how Demi Moore is intravenously injecting baby tears into her veins than an article about how the Eurozone debt crisis will impact their 401(k)'s. I am an American, and I love my country, but I am terrified at the direction in which we are heading.

    Until we stop watching E!, and start watching BBC, its only going to get worse. I have friends that have worked at Bain, they are smart as hell, and Mitt isn't an idiot... he's just catering to what his naive and uninformed voter base wants to hear.
    Edited By: Gateman07 Feb 8th, 2012 at 05:14 AM
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