Monday, November 10, 2008

You can't keep a good market down...

The response to this situation should be interesting-- but would it be Obama's call or W's? Or the local authorities of Washington DC? I'd guess the last of them all, with advice from Obama.

But wouldn't it be ironic if, during an inauguration address by Obama highlighting the importance of strengthening the economy, he took the stance of squashing the most rudimentary of markets by preventing resale of inauguration tickets?

As I've said many times before: Ticket "scalping" is not bad.

As I've also said many times before: If you wanted to put an end to ticket resale markets, auctioning off tickets to begin with would severely reduce in size that market.

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