What bias?

Hello everybody:

I was considering what bias means in humans and why it's so difficult to be rational and follow facts. That’s what happens to us in the markets and life in general.

It came to mind after thousands of comments in several blogs, how easily people retrench to basest lines of defense and get a blurred vision of facts.
The overwhelming majority ignore this, appeared in the Arizona Daily Star in June but was available on the web Saturday.


“Get on Target for Victory in November. Help remove Gabrielle Giffords from office. Shoot a fully automatic M16 with Jesse Kelly.


Um…help removed…shoot M16...with a politician? All in the same sentence, presented as a fun kind of activity (my guess).
Sounds like an unusual activity to engage in, with a politician. More like preparing for a war.

This invitation makes me wonder could it be that some unstable person read it like a message? Usually unstable people alleged getting lots of messages from TV or radio inciting them to act. Could it be? Well maybe you see a bias.

This wasn’t the important thing in the discussions at all. Troubling.


Now, imagine that I present Wall Street bankers as some kind of kids that cannot control themselves (I would be tacitly implying) that they somehow are not too responsible because kids lack accountability in a serious sense…hey is in their nature…they can’t control themselves, you know kids.
The regulators are the ones mainly responsible because we are dealing with kids.

They are not kids, a racketeering ring is more apt to describe them in my opinion.
So presenting them in that kind of way shows bias too, because relieve them of accountability regarding how many lives got destroyed through time because of them.
(Other groups are involved too, of course).

Just more bias…well, it’s a war right?

And how wars are useful to some few of these rings?

Read what “The fighting Quaker” Maj. Gen. Smedley D. Butler said 75 years ago in “War is a racket” (very short piece available on internet) to have a grasp about beneficiaries of wars and how it works.
http://www.lexrex.com/enlightened/articles/warisaracket.htm

Something besides the book, that he said, caught my attention too :

“…I spent 33 years and four months in active military service and during that period I spent most of my time as a high class thug for Big Business, for Wall Street and the bankers. In short, I was a racketeer, a gangster for capitalism. I helped make Mexico and especially Tampico safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefit of Wall Street. I helped purify Nicaragua for the International Banking House of Brown Brothers in 1902–1912. I brought light to the Dominican Republic for the American sugar interests in 1916. I helped make Honduras right for the American fruit companies in 1903. In China in 1927 I helped see to it that Standard Oil went on its way unmolested. Looking back on it, I might have given Al Capone a few hints. The best he could do was to operate his racket in three districts. I operated on three continents“.


And now we can see a practical sample if it's true that history rhymes,


Argentina 1973-4. Minuscule public debt- self sufficient country. Che Guevara- Bolivia- extremists- bombs- deaths-military coup- people in the far right or left-elite get lots of debt-torture from the government-30000 people disappeared-population scared.

Having the population forced to chose among the two groups of wing nuts, scared from each other and from the government because “it is a war” (like a guy with explosives in their ass or underwear here) so government is allowed to become more and more powerful, intertwined with the elite and then comes the coup de grace, the act of magic:

All the private debt is transformed to public debt, taxpayers are going to pay for 25 years for debt that the elite got, plus the one that government incurred, you know it’s war.

Until the 2000 default. Debt restructured, smaller, so everybody happy now? Just keep paying.

It’s necessary turmoil or even terror so the population acquiesce to a stronger and more paranoid state, where anyone who dares question it, is dumb or unpatriotic . More control and less habeas corpus gets going.

With Bush the debt almost doubled in 8 years, people got silent because well, it’s war or because maybe were scared, maybe?. In 2008 offering the first stimulus and with Obama getting the second one. (probably in the first one he was somehow involved is my logical guess)loans were made again to take care of the world just right on the edge…see… you can almost see down there…the cannon…at the bottom…and the entire world is going to fall right there...and is going to hurt…if the banks don’t get whole and pay themselves royally to overcome their stress.

The question in my mind is just when the act of magic like in Argentina is going to happen again but here:

When all the private debt is transformed in public again, condemning millions of innocents.

They are not kids with candy at all. That’s just another bias.



Dan



Sorry I didn’t talk about astrology and the markets but this is my final piece about what I get on the web. I’m not going to bother you with that anymore for sure, I’m going to focused just on my stuff from now on.

I couldn’t resist because I love this nation and it hurts to witness the same crap for a second time in my life.

Next week I’m going to get about if the Fed governs equity prices or if they are just morons or what, (in my humble opinion).