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How Close Were US Presidential Elections?

Mike Sheppard writes "I'm a graduate student in Statistics at Michigan State University and spent some time analyzing past US presidential elections to determine how close they truly were. The mathematical procedures of Linear Programming and 0-1 Integer Programming were used to find the optimal solution to the question: 'What is the smallest number of total votes that need to be switched from one candidate to another, and from which states, to affect the outcome of the election?' Because of the way the popular and electoral votes interact, the outcome of the analysis had some surprising and intriguing results. For example, in 2004, 57,787 votes would have given us President Kerry; and in 2000, 269 votes would have given us President Gore. In all there have been 12 US Presidential elections that were decided by less than a 1% margin; meaning if less than 1% of the voters in certain states had changed their mind to the other candidate the outcome of the election would have been different."

88 of 971 comments (clear)

  1. Thanks from the reminder by elrous0 · · Score: 5, Insightful

    "269 votes would have given us President Gore"

    And eight years of being reminded of that sad fact can take a toll on a man's soul that can't be quantified.

    --
    SJW: Someone who has run out of real oppression, and has to fake it.
    1. Re:Thanks from the reminder by BadAnalogyGuy · · Score: 4, Insightful

      If the election had gone the other way 8 years ago, we wouldn't be in Iraq fighting an unwinnable war.

    2. Re:Thanks from the reminder by Anonymous Coward · · Score: 5, Insightful

      I'm still mad at the Republicans for not running McCain back in 2000. I think we'd be in a MUCH different situation with either Gore or McCain - that's before McCain was taken over by that pod person that's occupying his body now.

      *GRMUBLING* Passing over Christine Whitman for that dingbat from Alaska....

    3. Re:Thanks from the reminder by diersing · · Score: 4, Insightful

      True, but that doesn't mean the runner up would have done better. When provided with two shitty options, we'll always end up with shit.

    4. Re:Thanks from the reminder by elrous0 · · Score: 5, Informative

      Gore would have known that Bin Laden was in Afghanistan/Pakistan, not Iraq.

      --
      SJW: Someone who has run out of real oppression, and has to fake it.
    5. Re:Thanks from the reminder by famebait · · Score: 4, Insightful

      Well, you see, there's this thing about military action: it's not all the same. It tends to actually matter who you attack, at what scale, with what goal, and with what strategy.

      It is very possible that another leader would fuck up spectacularly too, but I have to believe that _most_ leaders would at least go after someone who actually had something to do with the attack.

      --
      sudo ergo sum
    6. Re:Thanks from the reminder by Nursie · · Score: 3, Insightful

      I suppose we've 'won' Afghanistan too eh?

      notice how that's all gone quiet? That's because it's not good news.

    7. Re:Thanks from the reminder by Farmer+Tim · · Score: 4, Funny

      Has or is?

      --
      Blank until /. makes another boneheaded UI decision.
    8. Re:Thanks from the reminder by Sique · · Score: 5, Insightful

      There is this thing called Phyrric victory. Spending U.S.$ 1.5 trillion to turn one of the most corrupt states of the world into one of the most corrupt states of the world, increasing at the same time the number of political motivated killings from an average of 10,000 per year to 25,000 per year, moving from a pretty secular and multi religious state into a very fundamentalistic islamic one... technically it was a victory, yes.

      --
      .sig: Sique *sigh*
    9. Re:Thanks from the reminder by Beefaroni · · Score: 5, Informative

      Clinton / Gore were banging the WMD drum loudly all through the 1990's. Iraq's invasion was going to happen since Serbia was seen as a victory. in 1998 Clinton signed a bill to free Iraq. the argument was never over the war but over what party was going to skim off the top of the war funding in my opinion. the Dems seized control of the Congress in 2006 and could have cut off funding - we are still in Iraq. you do not maintain air supremacy over a nation for 12 years (no fly zone enforcement) and not invade. we strangled Saddam economically, softened him up and rolled his forces, and tossed him onto the ash heap of history. anybody that has any war history under their belts knows there will always be an insurgency to put down after a nation goes down - see also the Werewolves in post WWII Germany. the reason they were defeated so easily is that era of warfare did not have its hands bound by political correctness, instantaneous digital media coverage, and a bunch of spineless wimps in Congress. Ike suppressed the media, blasted the Nazi remnants out of the hills, and prosecuted any that were involved via military tribunal. it is ugly nasty work, that is why it was called a war.

    10. Re:Thanks from the reminder by scubamage · · Score: 5, Insightful
      You make it sound like Iran in the 50's or something. Its not like we led a coup against a secularist leader who dared to nationalize their nation's oil...

      oh wait... well at least Mossadegh was elected, whereas Hussein killed his way to the top of the Ba'ath party. Either way, we've paved the path for fundamentalists to take over yet another major region with our manifest destiny pompous attitude. When you kill all of the secularists, the only ones left will be the fundamentalists.

    11. Re:Thanks from the reminder by eclectic4 · · Score: 4, Funny

      It could have been worse? Statistically improbable...

      --

      "The greatest obstacle to discovery is not ignorance - it is the illusion of knowledge." - Daniel Boorstin
    12. Re:Thanks from the reminder by Frosty+Piss · · Score: 5, Insightful

      Gore would have known that Bin Laden was in Afghanistan/Pakistan, not Iraq.

      What makes you think Bush didn't?

      --
      If you want news from today, you have to come back tomorrow.
    13. Re:Thanks from the reminder by jmoloug1 · · Score: 5, Informative

      Without the war, FDR would have been voted out of office in 1940, and the recession would have stretched through most of the 1940s.

      Nice theory, except we weren't attacked until the end of 1941. Most people were opposed to the war before then while FDR was actively trying to get us into the war.

      Further, as for the theory that Obama will be hated in four years because he can't fix it, why was FDR reelected continuously through the depression which he allegedly couldn't/didn't fix?

    14. Re:Thanks from the reminder by badasscat · · Score: 5, Insightful

      What Gore has done in the past eight years scares me even more than what Bush has done.

      (spit-take)

      What planet are you living on? Do you actually read newspapers or anything? If an unnecessary war wasn't enough, then Gitmo, the Patriot Act, suspension of Habeas Corpus, rampant cronyism and corruption, then a $700 billion bailout for an economy that's been run into the ground doesn't phase you?

      Yeah, what Gore has done over the past eight years is MUCH worse. We can't have people actually be aware of global warming!

    15. Re:Thanks from the reminder by edmicman · · Score: 4, Insightful

      You see, there you go again. You could have the most incredibly insightful thoughts and opinions, but you lose any and all credibility as soon as you use the term "Nobama". It's akin to "Micro$oft" and such....it immediately makes you come across as childish and immature, and I stopped taking you seriously as soon as I read it.

    16. Re:Thanks from the reminder by lytithwyn · · Score: 3, Funny

      Everything is the president's fault. Everything.

      The devastating hurricanes we've experienced in his administration? Yep, Bush caused them.

      My toilet is broken: that's his fault, too. I haven't mowed my lawn in 3 years. You know why? Bush. I can't even see my truck sitting in my yard, which is currently rusting away. Bush caused that. Our president is so selfish and ignorant, that it even caused my internet connection to be horribly slow around 2:30 every day.

    17. Re:Thanks from the reminder by ghostunit · · Score: 5, Insightful

      Fool. The Iraq invasion was never a matter of military superiority. Are you implying that it was won because the usa hasn't been invaded or nuked or something since then? ridiculous.

      What the Iraq invasion was a campaign to establish a sphere of influence that would secure usa economical and geopolitical interests in the region.

      Years later and the usa has not only failed at that but (and this is what's killing you) in the process shown its true colors to the whole world. The fall of the dollar, the collapsing economy, the conflict with Russia, that's just the beginning. The tide is turning, the world is starting to realize that "the world's only superpower" is more like a paper tiger and just as inertia pushed the usa forward despite the arrogance and ineptitude it's shown these last years, it will also send it crashing rock-bottom now that it has begun its fall.

    18. Re:Thanks from the reminder by Anonymous Coward · · Score: 5, Insightful

      Welcome to fan psychology.
      Because your candidate was terrible and you were told how terrible he would be before you voted for him. You are now partially responsible for his actions. So logically the other candidate had to have been equally bad.
      In the 2000 race Bush was already known bad, even terrible, a hypocrite extraordinaire. Gore was known to be BORING. These are not the same. While the Neocons waged their standard slimy smear campaign the Dems sat there and turned the other cheek. Good God, how do you lose against a cocaine junkie? These days Neocons and stupid people still believe the lies.. AL Gore said he invented the internet!

      TLDR: Just because you supported the worst president in history doesn't mean that other guy was just as bad. E.G. you liked the guy who has killed more than a million innocent people VS that peace prize winner guy.

    19. Re:Thanks from the reminder by jollyreaper · · Score: 5, Interesting

      FDR tried and failed to fix the 1930s recession..... it ultimately took a world war to bring-back full employment. Without the war, FDR would have been voted out of office in 1940, and the recession would have stretched through most of the 1940s.

      Obama faces what FDR faced, and Obama's not going to be any more successful. (Unless a war saves him.)

      Why is it we always praise wars for bringing full employment? I hate to use the cheesedick "war on x" phrases but seriously, what if we were literally do pull out all the stops and mobilize the population on the scale of total war but make the enemy be shoddy infrastructure or crappy housing or something. Instead of marshaling the entire industrial might of the nation towards turning out bombers and tanks, why not treat the whole war as a massive public works project? Make the government the employer of last resort. "If private industry cannot provide work for our good citizens, the government will employ them in something as close to their profession as possible, working towards the public good." It's unemployment benefits that don't keep you out of work and gives the government a tangible return for the money. When the economy picks up, the private sector can start hiring the workers back.

      We've been cutting back on investing in infrastructure for decades, it'd be good to put some money back into our country again. Set a goal of getting us off fossil fuels over the next two decades, put government labs to work on seriously making a go of fusion power, green living, reshape our cities to be less energy intensive.

      --
      Kwisatz Haderach
      Sell the spice to CHOAM
      This Mahdi took Shaddam's Throne
    20. Re:Thanks from the reminder by Anonymous Coward · · Score: 3, Insightful

      Wow that was ignorant. Do you really think Gore would have been just as bad as Bush? You are sad.

    21. Re:Thanks from the reminder by Nursie · · Score: 3, Interesting

      "Notice how when a point is proven you just ignore and try to make a different one?"

      1. No, that was my first post in this topic
      2. I'm disputing that we have 'won' by any reasonable measure in either theatre.

    22. Re:Thanks from the reminder by Reality+Master+101 · · Score: 5, Informative

      then a $700 billion bailout for an economy that's been run into the ground doesn't phase you?

      Yes, Bush has sucked, but I hate to break it to you: It was Clinton/GORE that enacted the policy that destroyed the economy. They're the ones that pushed for the looser mortgage standards so that "poor people could afford to buy a house". In fact, the Republicans tried several times to tighten things up during the last eight years, but were blocked primarily by Democrats. If Gore had been President, certainly nothing would have changed on this particular score. It was his own policy, after all.

      Not to say I don't blame Bush for the crisis, by the way (see my recent posts on this exact subject -- Bush had the responsibility to see this coming and deal with it).

      --
      Sometimes it's best to just let stupid people be stupid.
    23. Re:Thanks from the reminder by Rolgar · · Score: 4, Funny

      He didn't say worse, just not better which can mean about the same. Instead of being angry about invading Iraq, we might all be upset about Gore not being aggressive enough, Al Qaeda is still running free with a free run of south Asia, and maybe even managed to land a few more attacks on US soil. Then who knows what sort of cowboy war hawk we would have elected in 2004.

      Sure, you might lose some of Bush's failures if he hadn't been the sitting president on Sept. 11, 2001, but you also might not have some of his successes.

    24. Re:Thanks from the reminder by BlueStrat · · Score: 5, Insightful

      When you kill all of the secularists, the only ones left will be the fundamentalists.

      Apparently you're not aware of how the US military, especially the Marine Corp, operates. They're job is to kill people and break things. They don't discriminate, they're equal-opportunity. When it comes to anyone, fundamentalists or secularists, taking up arms against them it's "kill 'em all and let Allah sort 'em out"!

      You make it sound like Iran in the 50's or something. Its not like we led a coup against a secularist leader who dared to nationalize their nation's oil...

      oh wait... well at least Mossadegh was elected, whereas Hussein killed his way to the top of the Ba'ath party.

      Yes, and every other country and people throughout history has done bad things to other people and countries, especially if you're looking at it from the losing side. That's human nature. Life, the world, and the people in it generally aren't fair. Countries change allies, make new friends and new enemies. Interests shift. The US and Russia were allies in WW2.

      At least the US has tried, for the most part, to be a force for good in the world when it could without damaging it's own interests too badly. Most other countries don't, haven't, don't care what happens to any other peoples/countries, don't even pretend to try to be "good guys", and ruthlessly pursue their own interests and power.

      I'd say that most other countries, if given the power that the US has been wielding for the past 60 years or so, would have been on a total blitzkrieg-like war campaign to completely conquer the world. How do you think things in the world would be if the US had collapsed and the USSR had been left as the sole superpower? Or China? Maybe the US isn't all sweetness and light and kumbaya, but trust me...it could be much worse! Could it be better? Sure. But let's try to have a little perspective here, although I know that US-bashing is the cool thing to do, especially here.

      Yeah, I know this will get modded to extinction for violating the group-think and group-hate. Someone has to say it though, and I've got the karma.

      Cheers!

      Strat

      --
      Progressivism (aka US 'Liberalism'): Ideas so good they need a police/surveillance-state to enforce.
    25. Re:Thanks from the reminder by Nursie · · Score: 3, Insightful

      In 1991 the mission didn't include toppling the power structures and trying to enforce peace amongst the people in a democratic way.

      It just involved spanking Saddam out of Kuwait, much easier task, much more defined results. The iraqi army were defeated in days the second time too, it's just that the objective was more sophisticated (and less well thought out) this time around.

    26. Re:Thanks from the reminder by orcus · · Score: 5, Informative

      the Dems seized control of the Congress in 2006 and could have cut off funding - we are still in Iraq

      I am so SICK of people pointing to the Democrats in congress and complaining that they alone have not turned things around.
      People have to remember that it takes a 2/3 majority to make a bill VETO proof - and with the very slim majority the Democrats have in
      congress currently, they need support from Republicans. Unfortunately, the Republicans are in virtual lockstep with the current administration
      so of course they opposed the Democrats every chance they get - and then laugh at them for not being able to change things.

      Until the people either elect a Democratic 2/3 majority and/or a Democratic President, things are not going to change.

      Personally, I would prefer a congress controlled (2/3's) by one party, and the administration controlled by the opposing.
      In that situation, the two sides would HAVE to work together - and we'd have true checks and balances.
      (Ok - so maybe not a 2/3's - but close - so the majority party in congress could not simply ignore the president)

      Having congress in perfect lockstep with the president (circa pre-2006) allows government to run TOO efficiently - and efficient governments
      tend to run roughshod over the populace.

      Oh - and it is also not helpful that a lot of people have been deluded that if you are not for the war - then you are anti-american.
      I believe the best way to support our troops (a tired cliche that means whatever the person saying it wants it to) is to bring them home safe NOW and let the cesspool fend for itself.

      --
      First they burn books, then they burn people.
    27. Re:Thanks from the reminder by darkmeridian · · Score: 3, Informative

      Even if Gore would have unilaterally invaded Iraq without seeking a world-wide consensus first, do you think that he would have invaded with a woefully inadequately-sized force that could not secure the peace? Do you think he would have disbanded the Iraqi police and military after seizing power, so that you'll have hundreds of thousands of jobless men trained to use weapons? Do you think he would have de-Baathed Iraq so that all the doctors and schoolteachers lost their jobs because you had to swear allegiance to the Baath party in order to have any important job? Do you think he wouldn't have had a plan set up to rebuild Iraq promptly and restore order so that it wouldn't devolve into a clusterfuck of neglect and lawlessness?

      I think any sane person fighting a war would have done all of those things. Gore would have; Bush did not. Even assuming everything you said, Bush winning the election was a terrible tragedy for this country.

      And there's reason to believe that the narrow gaps in the elections were not mistakes. According to tools we use to monitor the validity of foreign elections, the 2004 election was rigged. It may be the case that 269 votes was NOT the difference after all.

      --
      A NYC lawyer blogs. http://www.chuangblog.com/
    28. Re:Thanks from the reminder by abigor · · Score: 3, Interesting

      This depends on where you get your news. Afghanistan isn't an American operation the way Iraq is. There is a big Canadian and UK presence there too, so check news sources from those countries. The Canadians in particular are in southern Afghanistan/Kandahar and see more action than just about anybody, so there is plenty of news coverage on the CBC, including reporters' blogs, etc.

    29. Re:Thanks from the reminder by Hatta · · Score: 4, Insightful

      We know his actions, and that is the true measure of a man. GWB, while possibly a nice guy, has done many many evil things.

      --
      Give me Classic Slashdot or give me death!
    30. Re:Thanks from the reminder by innerweb · · Score: 4, Insightful

      The problem with Iraq is that the war was/is based on lies. Lies about WMD, about ties to Al Quaeda, lies about oil and more. The problem is Bush lied to the people and has used those lies to line the pockets of corporate friends at the expense of the American public's financial well being and the Iraqi people's lives and well being. Maybe Iraq will become a better country in the future, but this mess has been about as poorly handled as it could have been at the executive level.

      I believe (but can not know) that Gore would have focused on the real issue in Afghanistan. I believe Gore would have focused on reducing national debt, not increasing it. I believe we would mostly be better off if Gore had been elected. All except Gore and many of the wealthiest Americans.

      InnerWeb

      --
      Freud might say that Intelligent Design is religion's ID.
    31. Re:Thanks from the reminder by tmosley · · Score: 4, Insightful

      Think again. All the Democrats had to do was block the spending bills that contained money for Iraq. All that is needed for that is a simple majority, and you can't veto what doesn't get to your desk. Had they done that, it would have FORCED Bush to the table, and they could have FORCED him to withdraw from Iraq.

      Imagine that, going back to the way things were supposed to be (wars requiring a Declaration of War from Congress), rather than the President simply being able to jump on a plane and invade any country he wants under false pretenses.

    32. Re:Thanks from the reminder by hey! · · Score: 4, Insightful

      It's not that simple. True, you need a supermajority in the Senate to do anything against the will of the minority. However, you don't even need a majority to stop something. Cutting off funds for the war falls under the category of stopping.

      The problem was this was a huge game of chicken against a player who is proven to be extremely reckless. There's a good chance that Bush would simply have attempted to muddle through, counting on the inevitable disaster to get Congress to open the purse strings.

      --
      Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
    33. Re:Thanks from the reminder by corbettw · · Score: 4, Insightful

      Where's the moderation for "+1, Depressing"?

      --
      God invented whiskey so the Irish would not rule the world.
    34. Re:Thanks from the reminder by corbettw · · Score: 4, Funny

      The President will re-write your hard drive. Not only that, but he will scramble any disks that are even close to your computer. He will recalibrate your refrigerator's coolness setting so all your ice cream goes melty. He will demagnetize the strips on all your credhe cards, screw up the tracking on your television and use subspace field harmonics to scratch any CDs you try to play.

      he will give your ex-girlfriend your new phone number. He will mix Kool-aid into your fishtank. He will drink all your beer and leave his socks out on the coffee table when there's company coming over. He will put a dead kitten in the back pocket of your good suhe pants and hide your car keys when you are late for work.

      Bush will make you fall in love with a penguin. He will give you nightmares about circus midgets. He will pour sugar in your gas tank and shave off both your eyebrows while dating your girlfriend behind your back and billing the dinner and hotel room to your Discover card.

      He will seduce your grandmother. He does not matter if she is dead, such is the power of Bush, he reaches out beyond the grave to sully those things we hold most dear.

      He moves your car randomly around parking lots so you can't find it. He will kick your dog. He will leave libidinous messages on your boss's voice mail in your voice! he is insidious and subtle. He is dangerous and terrifying to behold. He is also a rather interesting shade of mauve.

      Bush will give you Dutch Elm disease. He will leave the toilet seat up. He will make a batch of methamphetamine in your bathtub and then leave bacon cooking on the stove while he goes out to chase grade schoolers with your new snowblower.

      --
      God invented whiskey so the Irish would not rule the world.
    35. Re:Thanks from the reminder by catmistake · · Score: 3, Insightful

      Its pretty clear in hindsight that had all the ballots been counted in FL, even not counting the loose chad ballots, but including the absentee ballots (that for no reason weren't counted) and letting that one county of old folks that incorrectly used the butterfly ballots revote, that Gore won FL by about 20,000 votes. At election time, the Republicans really begin to play dirty, and Democrats, for all their befuddlement, are generally not dishonest (maybe to a fault). The FL Republicans and the SCOTUS stole that election. Gore should hold his head high, there is no shame in being boned out of an election.

    36. Re:Thanks from the reminder by flyingsquid · · Score: 4, Insightful

      Everything is the president's fault. Everything. The devastating hurricanes we've experienced in his administration? Yep, Bush caused them. My toilet is broken: that's his fault, too. I haven't mowed my lawn in 3 years. You know why? Bush. I can't even see my truck sitting in my yard, which is currently rusting away. Bush caused that. Our president is so selfish and ignorant, that it even caused my internet connection to be horribly slow around 2:30 every day.

      Not everything is Bush's fault, but a lot is. Bin Laden launching an attack on the U.S. isn't Bush's fault. But failing to watch Bin Laden beforehand is his fault. Failing to catch him afterwards is his fault.

      Sunnis and Shiites hate each other. That's not Bush's fault, but when the administration invades Iraq without an occupation plan or enough forces, dismantles their army, and then ignores the growing insurgency and civil war, that is Bush's fault.

      Hurricane Katrina isn't Bush's fault. Hiring incompetent guys like Brown, and failing to respond to the disaster, that is Bush's fault.

      Afghanistan being a failed state, that's not Bush's fault. But not being able to secure it because you invaded Iraq, that is Bush's fault.

      Bush isn't to blame for everything that's gone wrong in 8 years, but he has a lot to owe up to. That's why he's in the running for the title of Worst President in U.S. History. And finally, it's worth considering that not everything that happens to the U.S. is Bush's fault. But everything that happens to the U.S. is his responsibility. It's just sad that he never seems to have understood that.

  2. How about by whereizben · · Score: 4, Insightful

    If 269 votes had been counted that weren't, and they were for Gore, it all would have been different. This is a good reason to not stop recounts from going forward...

    1. Re:How about by electrictroy · · Score: 5, Informative

      Actually, MANY recounts were performed. One by USA Today, one by Washington Post, another by Wall street Journal, and so on.

      They all agreed that Gore simply did not have enough ballots according to Florida legal standards (where hanging chads are called null votes). They all agreed that Bush won Florida State.

      --
      The government is not your daddy. Its purpose is not to raid middle-class neighbors' wallets and give it to you.
    2. Re:How about by morgan_greywolf · · Score: 3, Funny

      How about if Bush's campaign chair in Florida weren't put in charge of that states recount? How about if George W. Bush's corrupt brother Jeb weren't the governor of that state? How about if that lying cheating sonofabitch didn't steal the election?

      Go ahead, Republicans, use your mod point! Strike me down! I will only grow more powerful!

    3. Re:How about by Nobo · · Score: 4, Insightful

      Your math is wrong. 269 votes switched is not the same as not counted, because a switched vote would have both lowered the vote for the Republicans and raised the vote for the Democrats. If it was truly votes not counted, you need to double that number to get the same effect.

    4. Re:How about by AVee · · Score: 5, Insightful

      If 269 votes make such a big difference there is a good reason to change the system. Such a small group of people should not have such a big influence on what happens in a country. That is, when you are serious about being a democracy. Really, these are all just symptoms of a bigger problem.

    5. Re:How about by mbone · · Score: 5, Informative

      First, they weren't official recounts.

      Second, they showed that if there been a full statewide recount of all counties, Al Gore would have received more votes than Bush.

      It is true that that is not what Al Gore's campaign was asking for, but there it is.

      And that is before you get into the whole voter list mess, which undoubtedly rejected thousands of legitimate Democratic voters, but was not a recount issue.

    6. Re:How about by gad_zuki! · · Score: 5, Insightful

      Hanging chad? So the voting technology is so terrible that an elderly person who votes for Gore has a good chance of not pressing hard enough (parkisons, arthritis, weakness is a bitch you know) and thus nullifying their vote. I dont expect this kind of thing to happen in fist world countries. I think its pretty obvious what a hanging chad means. Tossing it out is borderline voting fraud.

    7. Re:How about by Trifthen · · Score: 4, Insightful

      And that's just it. Ideally, any election would be run by an impartial third party, which is effectively impossible in the highly charged and partisan atmosphere encouraged by our system. I would be much more at ease if another country like Sweden stepped in to control the whole thing, just because theoretically they're less likely to attempt outright subversion of the process.

      Or hell, at least someone less partial than one of the candidate's relatives. Fuck, even McDonalds has sweepstakes rules that employees and family members can't win prizes for similar reasons. Are we saying our elections are less important than McDonalds sweepstakes? Maybe not, but our actions sure are.

      --
      Read: Rabbit Rue - Free serial nove
    8. Re:How about by mikael · · Score: 3, Interesting

      The simplest solution is to make it a legal requirement for everyone to vote, and to provide a "none-of-the-above" for those who can't make a choice (otherwise they would just spoil their voting paper anyway).

      It happens anywhere there is an election. There will always be "safe seats" where the population will always vote for one party (rich wealthy areas vote for the "lower taxes for rich people" party, and the low income areas vote for the "tax the middle classes for social services" party. In the end, the party campaigners only go after the swing seats where there is no outright majority for any party. Changing election boundaries might be one way of solving this, but low income areas tend to have a higher housing density and so have a smaller catchment area.

      --
      Vintage computer adverts: http://www.vintageadbrowser.com/computers-and-software-ads
    9. Re:How about by roystgnr · · Score: 5, Informative

      http://www.nytimes.com/images/2001/11/12/politics/recount/results/preset-v4.html

      If a statewide recount of all disqualified ballots was undertaken using the standards that each county's election officials have said they would use in a recount.

      Winner: Al Gore, by 171 votes

      neither has any facts to sustain it.

      Just because you don't like the facts doesn't mean they don't exist.

    10. Re:How about by sorak · · Score: 3, Insightful

      >>>>>>"did not have enough ballots according to Florida legal standards (where hanging chads are called null votes).

      >Ahh, but that would have ignored "voter intent"....
      >

      Yes true, but I'm sorry, the law is the law. You don't change it after the fact (although bleeding-hearts like to ignore the law). If the law states hanging chads are "null votes" then that's what you follow. No exceptions.

      Thank god we have George W Bush in office to uphold the law and protect the constitution. Who knows what a bleeding heart liberal like Al Gore would have done with it?

    11. Re:How about by FiloEleven · · Score: 4, Funny

      Go ahead, Republicans, use your mod point! Strike me down! I will only grow more powerful!

      More powerful will you grow, hmm, only when the truth you realize: Republican, Democrat, both to the Dark Side have fallen.

  3. Doesn't really matter how many people by antifoidulus · · Score: 3, Insightful

    actually vote for a non-Republican, Diebold will give is the president that it thinks is best for us anyway.

  4. Never changes by rodrigoandrade · · Score: 5, Insightful
    In all there have been 12 US Presidential elections that were decided by less than a 1% margin; meaning if less than 1% of the voters in certain states had changed their mind to the other candidate the outcome of the election would have been different."

    Maybe these small margins indicate why things never change in politics. Nice work.
    1. Re:Never changes by Kjella · · Score: 4, Interesting

      It's an almost textbook example of optimization theory - assume there's two ice cream booths on a beach [0..1] with a uniform distribution of guests, now the optimal for the beach guests would having them at 1/4 and 3/4, but then each could steal customers by moving towards the center. End result you got two booths right next to each other in the middle, each serving half the guests. As long as any other booths can't enter (winner takes it all-system) that situation is stable. Any disturbance like the guest moving over to one side of the beach because it got better sun in the afternoon and the dividing line will move, again leaving half on each side. If you want clearer objective proof that having 40% of the votes it useless in the US, this is it. The politicians must redefine their politics so they're fighting for the majority, rather than stay true to anything.

      --
      Live today, because you never know what tomorrow brings
  5. Importance of protecting the process by RichMan · · Score: 4, Interesting

    This shows how easy it would be to swing the election should one hack the voting in a few districts. The analysis can be used to show the regions to focus on.

    This shows the importance of maintaining an open and audit able process if the system is to be protected from manipulation.

    It also shows the importance of every vote and in protecting the rights of all to be able to cast their vote.

     

    1. Re:Importance of protecting the process by 4D6963 · · Score: 3, Informative

      Also shows the effect independent candidates can have. Also, if I'm not mistaken, it shows that if the voting process was direct (i.e. popular vote decides of the outcome) elections would depend on much more people, and in more than in a few keys states.

      Of course I am biased for being French, but ever since 1962 we chose our president based on popular vote, and what's best, we have two elections, one with the shitload of "independents" in the mix, and a second one with only the two winners from the first election, which solves the problem of the nasty influence that Ralph Nader and the likes have, while still giving them all the room they deserve in the debate.

      Actually in France all candidates get equal air time, which means you'd get to hear Ron Paul, Bob Barr or Ralph Nader speak on TV as much as Barack Obama or that cop from Die Hard, John McClane. God I can't believe we could have that guy from president, that's just too awesome!

      --
      You just got troll'd!
  6. Re:99% off-topic question by RandoX · · Score: 4, Insightful

    Same thing. Different pair of liars. Vote for the one you dislike the least.

  7. Some... by whisper_jeff · · Score: 4, Insightful

    Some would contend (and I have difficulty disagreeing) that, in 2000, 269 votes still wouldn't have given us President Gore - it would have just given us 269 more rejected ballots...

  8. Who is DUKASIS? by markhb · · Score: 3, Funny

    So, Bush 41 beat someone named "Dukasis"?

    The maps are the best part, as you can see which parts of the country provided the closest margins. It's also interesting that, in 1976, Hawaii had a smaller number of votes needed to flip it than Delaware (Hawaii is generally considered safely Democratic).

    --
    Save Maine's economy: write stuff down. All comments are exclusively my own, not my employer.
  9. Re:99% off-topic question by 93,000 · · Score: 3, Insightful

    The republican VP candidate is usually smarter than this year. Not necessarily 'better', mind you, but usually at least allowed to speak in public.

    [/troll]

  10. Re:99% off-topic question by Stormwatch · · Score: 3, Insightful

    Same thing. Different pair of liars. Vote for the one you dislike the least.

    You know, there was this guy I actually really liked. But it seems you can't be a candidate if you are too staunch a defender of freedom!

  11. Re:99% off-topic question by rthille · · Score: 5, Interesting

    I'm turning 41 in a week, and this is the 2nd election I listened to...even in 2000, while I 'listened' enough to make up my mind, I didn't think politics was really important. Even the Florida recount didn't seem to matter that much to me, I figured "how much more then the other one can one of these bozos screw things up?" After 9/11 and the other insane government fuckups of the first Bush administration, I got more involved. I figured there'd be no way 2004 would re-elect Bush, so I didn't donate too much or work too hard. Sure Kerry was wooden, but after the first debate my vote changed from "Anyone but Bush" to "Kerry, the guy who could articulate an intelligent position" (even if he could ramble on for days :)

    Now in 2008 I'm working in a local campaign, donating money to Obama and Al Franken.

    For an interesting picture about how much having the wrong guy at the top matters, read 'State of Denial'.

    --
    Awesome furniture, accessories and cabinetry in Santa Rosa, CA: http://humanity-home.com/
  12. Re:99% off-topic question by YrWrstNtmr · · Score: 3, Insightful

    The only thing really different is the internet and availability of information. Previously, we had the TV networks, newspapers and radio. And that was pretty much it.
    Now, with so many avenues of info, there is a lot to choose from. Sadly, a lot of people only go to those sources which simply reinforce what they already believe.

  13. 1836 election was interesting by Teese · · Score: 3, Interesting
    from the article (sourced from wikipedia:

    "It was the only race in which a major political party intentionally ran several presidential candidates. The Whigs ran three different candidates in different regions of the country, hoping that each would be popular enough to defeat Democratic standard-bearer Martin Van Buren in their respective areas. The House of Representatives could then decide between the competing Whig candidates. This strategy failed: Van Buren won a majority of the electoral vote and became President."

    So, not trying to win, but make your opponent lose, and force the tie-breaker where the rules are in your favor. Very interesting strategy, I don't know if it was good or bad that it failed. I don't remember the Whig platform.

    --
    "I'm a Genius!"*


    *Not an actual Genius
  14. In 2000, 1 vote would have been enough... by mbone · · Score: 5, Insightful

    there were only 9 votes that counted, and switching 1 would have done it.

  15. How often does the outcome matter? by Hatta · · Score: 4, Insightful

    The fact that so many elections are so close seems to indicate that 'the people' don't have a strong preference for one candidate over another. Why? Because their policies are often nearly indistinguishable.

    Look at this election for instance. Even on the issue of withdrawing from Iraq, both candidates plan to withdraw troops from Iraq based on conditions on the ground, and send them into Iraq. Neither of these candidates are going to stand up against this upcoming bank welfare bill. Even the candidate for "change" has voted with the Bush administration to protect telecoms from consequences for their illegal spying on Americans. And yet, people seem to think that this is "the most important election of our time". Bullshit.

    So yeah 1% might swing the outcome of an election, but it's going to take more than 1% to cause any sort of real change. You might as well flip a coin, you'll get a 50/50 split that way too.

    --
    Give me Classic Slashdot or give me death!
  16. Marketing is an Engineering Problem by Speare · · Score: 5, Interesting

    I have said in the past (since before 2000) that the very strong trend toward fifty-fifty splits between rivals only proves that Marketing is now an Engineering Problem.

    To explain: all endeavors start as artforms, like "the tuning of these newfangled carburetors is a bit of a black art." Then you understand the general system well enough to call it a science, "we have found that if we measure the fuel mixture, we maximize combustion." Once the system is known very well, it is an engineering problem: "an electronic system monitors the mixture and adjusts for different conditions on the fly."

    Just as the cola wars are in a well-settled detente, the business of national politics is a marketing endeavor. Whether you're Demopublican or Replicratic, whether you're a Preservative or a Libertine, your party system will simply apply the art, nee, the science, nee, the engineering methodology to ensure the candidates do the best they can. Of course, both sides have effectively infinite resources so the marketing comes out equal, and the course of history witnesses Gore/Bush 2000, too many 5-4 decisions to count, a roughly 50-51 Senate, and a dynamic but well-balanced electoral college.

    We seem to be deadlocked into a 50%/50% world, regardless of the actual merits. Marketing is simply engineering the "choices" we have, and equally effectively on "both" sides of just about every political issue.

    --
    [ .sig file not found ]
  17. Designed that way by T.E.D. · · Score: 5, Interesting

    A "feature" (probably unintended) of the design of the Electoral College system is that most elections look like more of a blowout than they were. In theory, if someone manages to consistently get 50.5% in every state, they could win every state and the public will be told the next morning about the victor's huge landslide victory.

    That's why after the 2000 election the Reps floated around those red state/blue state US maps with such glee. It made a squeaker look like a huge victory. (For a better picture, see the University of Michagan , which use some cartiographical tricks to adjust for population).
    A better illustration are Regan's victories. Everyone knows Regan clobbered Carter and Mondale, right? Well, the true answer is not really, and sorta respectively. The electoral college turned his %50.7 victory in 1980 into a %86 state victory, and his %58.8 victory in 1984 into a %94 state victory.

    It has been argued that this effect is actually good for the country, as it gives presidents more legitimacy from their elections.

    1. Re:Designed that way by T.E.D. · · Score: 3, Insightful

      I have heard that the smaller population states wanted greater influence, and did not want to be bullied by the comparatively gargantuan New York and Pennsylvania at the time.

      That's probably what everyone has heard, because that's what tends to be written in the history books that make it past school boards.

      However, there are actually good historical records of the deiliberations at the constitutional convention, and this is not true. The system we have, along with the Senatorial system and the now obsolete 3/5ths rule and a whole buch of other little rules and clauses nobody pays much attention to anymore, were all pushed by the slave states, and their allies in the north. Their worry was that in a straight democracy the more populous (and at the time more religous) North would simply vote slavery out of existance. The entire system of government we have was designed to prevent the North from ever being able to do that. Nearly any good or bad feature of the electoral college system is just a side-effect.

  18. What are the odds these were random? by petes_PoV · · Score: 4, Interesting

    OK, we have some instances of small fluctuations causing major effects. Rather than just sitting back and says "wow, that was close", the next stage is to calculate the possibility of these events being statistically random.

    --
    politicians are like babies' nappies: they should both be changed regularly and for the same reasons
  19. Modern electoral process by spaceman375 · · Score: 4, Insightful

    If the results of the vote are within statistical error (which is a LOT bigger than 269 votes), the election should be thrown out and run again. Plain science; the kind that politicians will never allow. They'll claim that would be too confusing for most voters. That is, thay'll say we are in the aggregate too stupid. SOME people may be, but most of us aren't. We are, however, too apathetic. The election in 2000 was blatantly rigged, yet the populace just grumbled. I guess I'll move to canada. The US government has been hijacked.

    --
    On the one hand you take life too seriously, and on the other, you do not take playful existence seriously enough. Seth
  20. Re:Douchebag count by OeLeWaPpErKe · · Score: 4, Funny

    That's gonna cost you soooo many carbon credits !

  21. Re:99% off-topic question by goldspider · · Score: 3, Insightful

    Too many people don't want to be free anymore. They want to be taken care of. No good can come from that mindset.

    --
    "Ask not what your country can do for you." --John F. Kennedy
  22. Re:99% off-topic question by gad_zuki! · · Score: 4, Insightful

    The "cool kids" will, of course, tell you that everything is the same, everything sucks, and you should give up on trying to make a positive change in any part of your life or any part of your country.

    Those people are dead wrong. Thats what they said about Gore and Bush, and I think its pretty obvious that a Gore presidency would have been 100% better for America. Dont give in to mindless peer-pressured apathy.

  23. Re:Linear programming? by NewbieProgrammerMan · · Score: 3, Informative

    Sorry pal, but that is what they teach in high school Algebra I/II classes as a stand-in for analytically solving equations.

    Inquiring minds want to know: where the fuck do they teach this in Algebra I/II?

    P.S. If you've got some way to analytically solve any constrained optimization problem with 50+ variables, there's probably a long line of people with medals and/or piles of cash to give you.

    --
    [b.belong('us') for b in bases if b.owner() == 'you']
  24. Re:99% off-topic question by scubamage · · Score: 3, Insightful
    "Choosing the lesser of two evils is still choosing evil." - Jerry Garcia

    Do your research and vote for the candidate you like most, major parties be damned. You'll hear people tell you, "a vote for a third party is a vote for (whichever candidate they don't like)." This is not true, and is the very thing which keeps us locked in a two party system.

    Vote with the person who seems intelligent, and qualified to lead. Not the one who uses amorphous taglines like, "hope," "change," and "new America" (this isn't a slight against Obama, however he is using these words with very few actual moves towards any real genuine change in politics - on slashdot this is more evident than most places).

    Finally, its your vote. Don't get bought, sold, or caught up in rhetoric. You are an intelligent person. To quote yet another musician, "There is a war being waged for your mind. If you are thinking, you are winning."

  25. Re:Vin Diesel Opines by suggsjc · · Score: 4, Funny

    I'll bet you a nickel that someone else wrote that line.

    Nope, that is why he and all the other Hollywood elite get paid so much. They just turn on the cameras, say "Action" and wait for them to come up with amazing plot lines and quotes that will be remembered for ages.

    I vaguely remember a strike that happened just recently. I think it was called the actors strike or something similar. Anyway, they said they needed a break from coming up with so many good lines. TV sucked for a few months while they took some time off and regrouped.

    --
    When I have a kid, I want to put him in one of those strollers for twins and then run around the mall looking frantic.
  26. Re:What's the point of the Electoral College? by Teancum · · Score: 4, Informative

    In U.S. Presidential elections, you are voting for electors, not really candidates. In most states, it is the political parties that decide who get to be electors... and usually send a list of electors to the top state election official prior to the election who will represent the candidate of that party when the election is finally held.

    Having been involved with major party politics on the state level (as a convention delegate) I've had the somewhat rare privilege of directly voting on who would get onto that list and help select the actual electors to the electoral college. They are usually strongly loyal political leaders... such as governors or county party chairmen who have been serving for decades or longer.

    Each state can have as many electors as they have senators and representatives in the U.S. Congress... although it should be noted that all federal officers... including senators and representatives... are constitutionally prohibited from participating as electors.

    Also, once the electors have been selected and elected, they are free to vote for whomever they want... for both President and Vice-President, which are treated as two separate voting opportunities. It is possible to vote for two people (pres/vp) of different political parties... and in fact that has happened in the past. An elector in Texas voted for George H.W. Bush as president and Lloyd Bentson (a democrat) as his vp candidate in the 1988 Presidential election. In a couple of cases, the elector screwed up and got the presidential candidate and the vp candidate messed up... casting the vp candidate as a vote for the president and the presidential candidate as the vp. So far none of these "faithless" electors have made a significant impact on the actual election in terms of changing who the victor of the election may be.

    Assuming that something tragically happens between the nomination of the candidate and when the electors actually vote... especially if there is a death of a candidate after the election (natural death or assassination), the electors also serve as a line of authority to help decide who is going to become President without having to go through the whole process of selecting a candidates all over again and another national election. This did happen in the 1872 election with the Democratic candidate.

    I should also note that it is up to each state to decide how it selects its electors (in terms of from what parties or how they are selected). Most states do a "winner-take-all" system where the candidate with the most votes gets all of the electors for that state. This is not something in the U.S. Constitution, but rather a custom that has developed over the years... and is not universally followed either. Maine and Nebraska both have a split system where each congressional district votes independently for electors, and then the two "senatorial" electors are decided by the state-wide vote.

    I hope this isn't putting up more info than you were asking for. Individual votes from ordinary voters do make a difference... in fact a huge difference.

  27. Re:99% off-topic question by Hatta · · Score: 4, Insightful

    Absolutely. The fact is that neither of the major candidates represent the people. They represent corporate interests first and foremost. Voting for one or the other simply continues the mandate of the corporate oligarchy. The two party system is an illusion, there is one corporate party with an absolute stranglehold on American politics. If we ever want to restore freedom to this country, we have to break it, and voting 3rd party is the only way short of revolution.

    Don't blame Nader voters for following their conscience. Blame Gore for not representing policies they could vote for in good conscience.

    --
    Give me Classic Slashdot or give me death!
  28. Fact Check by Brown · · Score: 4, Informative

    http://en.wikipedia.org/wiki/John_Kerry_Military_Service_Controversy#Document_release

    On May 20, 2005 John Kerry signed a 'Standard Form 180', releasing pretty much every possible relevant document, including all his military service, reserve and discharge records, as well as his medical records, to the Associated Press, the Boston Globe, and the Los Angeles Times.

    -Chris

    1. Re:Fact Check by Brown · · Score: 3, Informative

      And then he never sent the form in, and NO records were released.
      That does not appear to be the case.

      The point being that John Kerry could not have been discharged in 1978. By law, he was discharged about 1975. But where is that discharge paper, and why get a new discharge in 1978 from the wrong agency.
      http://en.wikipedia.org/wiki/John_Kerry's_military_service#Honorable_Discharge
      Because he was transferred to the reserve in order to become a candidate for Congress, effective January 3, 1970? And was then transferred in 1972 to the standby Reserve? That would seem to make the U.S. Naval Reserve the correct agency...

      Would you care to cite any sources for your claims?

      -Chris

  29. Re:99% off-topic question by NiceGeek · · Score: 3, Insightful

    I liked Ron Paul's views on the economy and his foreign policy, unfortunately he is also a misogynist, homophobe, and a religious nut.

  30. Re:Linear programming? by Sandbags · · Score: 3, Informative

    Actually, linear programming IS basic algerbra, but is best solved with geometry skills. Simpler formulas are being used in 6th and 7th grade math. Basic linear programming problems, like calculating the best sale price for profit based on demand, are math standards used in Algebra I, Geometry, and statiscics classes alike. In some states using circular math, like NY and Connecticut (tiered learning instead of seperating Algebra from Geometry, from Trig, which is simply stupid to do since they're all interdependent!) Linear programming and advanced logic are taught in the second year of high school math (9th or 10th grade).

    But actually, it starts much earlier than High School. My wife teaches 3rd grade now in SC, but Linear programming is one of the standards of math she taught a couple years ago when teaching 4th grade. It appears again in the 6th and 8th grade curriculum standards on the state's PACT test.

    The wiki article is highly technical, and goes pretty deep into equasion design, but honestly, you've been using this stuff for years, it just wasn't called "programming" and you didn't use function notation... (and it has no relation to writing software)

    This is exactly the same as kids that use calculus, doing derivitives and more for optics experiments and when dealing with simple velocity equasions, in basic physics classes in 6th, 8th and 9th grade years before actually finding out it's called "calculus" because if they actually told kids that, they'd refuse the work and parents would lobby the schools not teach that stuff to kids who had not already taken calculs... Honestly, short form derivitives using the 4 shortcut rules is easier than algerbra, and many people believe it should actually be taught FIRST, after basic math skills but before geometry and trig.

    --
    There is no contest in life for which the unprepared have the advantage.
  31. Constrained Optimization Problems by tobiah · · Score: 4, Insightful

    Large constrained optimization problems get solved all the time, algorithms like simplex scale nicely and the computer doesn't care that you've thrown hundreds of variables at it (well, it bogs down a bit, especially with non-linearities).
    I've been paid rather well to consult on problems like this. The biggest they thought there was something wrong with their solver, but it was just bad data. The people collecting the data had been given inconsistent instructions, things like "measure at the beginning of the year" vs "measure halfway through the year". Garbage in, garbage out, and no fancy algorithm is going to save you.

    --
    "The ability to delude yourself may be an important survival tool" - Jane Wagner -
  32. 'Smallest number of votes' is misleading by Ed+Avis · · Score: 4, Interesting

    Yes, 289 is the _smallest_ number of voters that could be switched to change the result of the election. But that gives a misleading picture of how close it was. You should also consider the largest number of voters that could switch without changing the result: that is several million votes (for example, Texas voted for Bush; switch 24.999% of the votes Texas cast to Bush to Gore, and the result does not change). In other words huge numbers of people (outside Florida and other swing states) could have decided to vote for Gore (or Nader) instead of Bush and it wouldn't have made the slightest difference.

    Perhaps the fairest measure of the closeness of an election is: what is the smallest number N of votes such that if you picked N individual votes at random across the whole country and flipped them, there is more than a 50% probability that the result would change?

    --
    -- Ed Avis ed@membled.com
  33. You don`t understand corporate finance. by BlackCobra43 · · Score: 4, Informative

    I suggest you read up on corporate finance because your post indicates a profound misunderstanding of the current economical crisis' ACTUAL source : Deregulation of investmebnt banking. These was lobbied for extensively by two people who'se names you might recognize from the current election cycle : Senator John McCain (R-AZ) and Tresury Secretary "Hank" Paulson. Let`s not even go into the Senator`s invovlement in the "Keating 5" savings and loan scandal...

    But yes,yes, keep blaming Clinton. It's much easier.

    --
    I never spellcheck and I freely admit it. Save your karma for more worthwhile "lol erorrs" replies
  34. Re:Linear programming? by HuguesT · · Score: 3, Informative

    People might teach 2D linear programming using geometrical means to some high school but they are decidedly NOT teaching fully blown arbitrary dimension LP with integer constraints like this article is using. Integer programming is an NP-hard problem. I teach this to university seniors.

  35. "Deregulation caused it" by DesScorp · · Score: 3, Insightful

    "I suggest you read up on corporate finance because your post indicates a profound misunderstanding of the current economical crisis' ACTUAL source : Deregulation of investmebnt banking"

    You sir, are quite full of shit. The repeal of Glass-Steagall simply allowed regular banks to get into other financial activities... stocks, bonds, etc. It didn't have a damn thing to do A) the government pressuring banks to give home loans to people that didn't qualify for them, and B) banks caving and giving those loans out of fear of being labled "racist". One political schmuck was saying last night that these "ninja loans"... no income, no assetts, were morally good because "the free market doesn't work for poor people".

    The Glass-Steagall repeal also wasn't responsible for the culture of easy credit that helped get us into this mess. This is largely a failure of responsibility on the part of all the American people, rich and poor, democratic and republican. We abandoned responsibility, and now the bill is coming due. Victor Davis Hanson had it right... we're victims, but not innocent victims. We stopped seeing homes as a place to live, and starting seeing them as a way to make a quick buck by "flipping" them after some minor improvements. We all did things that made the price of homes shoot through the roof, far above any rational standard, and now reality has set in. The McMansions were never worth a million dollars or more. That was paper inflation, and we greedily, eagerly helped keep their prices inflated. We made it worse by taking out mortgages we couldn't afford.

    One finance guy on Bloomberg made an excellent point yesterday. There would be no crisis if these mortgage holders were paying their bills. That's what it all comes down to. So spare me the bullshit about deregulation. This isn't about regulations, it's about responsibility. When the government did try new regulations to reform Fannie/Freddie in 2003, it was blocked, largely by Democrats, because the tightened lending standards for minorities and the poor would have been "unfair".

    --
    Life is hard, and the world is cruel
    1. Re:"Deregulation caused it" by RyuuzakiTetsuya · · Score: 3, Interesting

      Racism? God I don't even know where to start.

      Okay, Glass-Steagall let banks sell financial instruments, namely securities. They developed securities backed by subprime mortgages that were going around thanks to the booming real-estate market and the dotcom bust. Thanks to the absurdly large number of mortgages, these securities got very very sexy. So companies like Lehman Brothers and Bear Sterns invested very heavily into them, and banks like Washington Mutual went balls out trying to sell as many mortgages AND with those mortgages, creating all sorts of wacky securities backed by them.

      Had the SEC done it's JOB, it would've known that these securities do not pass the smell test and would've done something about them. Since they were asleep at the fucking wheel, the economy is now in the shitter.

      And yes, it'd be a rosy and happy world if mortgage holders could pay back mortgages that are pretty much slanted directly against them, but they can't. The idea was that they'd go through a cycle of refinancings and somehow stay on top of it, even with refinancing, there's no way some of these mortgage holders could've paid off their mortgages. Even worse is that commentators and financial analysts were saying that it was a great time to buy homes and to get a mortgage.

      --
      Non impediti ratione cogitationus.
  36. Re:Linear programming? by Jimmy_B · · Score: 4, Informative

    You have completely misunderstood what the parent is talking about. Linear programming doesn't mean solving systems of linear equations, it means maximizing a target function within a system of linear constraints. There is a way to do this geometrically when there are only two variables, which you might have seen in high school, but that approach doesn't work when there are three variables or more. In that case, you would use the Simplex algorithm. It can be done by hand, but the principle is not even remotely the same, and it is certainly not taught in high school.