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Politics is like Stock Market
Posted by elitethinker • 5/11/09 • Subscribe to this Discussion [RSS] • Report This Topic
Topics: politics
Politicians give Hope the Herd want to believe, and when finally Delusion comes, the Herd complain: "We've been cheated" !
So what's difference with Stock Market ? When will people become RESPONSIBLE ?
User Comments
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When they see the truth, of course.
Alas, at this point, elitethinker is the only person in the world who does.
All hail him.
*yawn* -
elitethinker, you'd start a better discussion if you actually picked a specific issue rather than making these generalizations.
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Generalization is a scientific process to advance progress don't you know that ? or Sadi Carnot wouldn't have invented Entropy Theory in Thermodynamics and we would still believe that machine's vapor is a phylogistic matter.
So instead of looking at the trees, look at the Forest. This requires the capacity of mind abstraction, logic, knowledge and synthesis that seem to be lacking in many people which just read facts without any capacity to relate one fact with one another.
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None of us is immune to self-deception. I think we all are kidding ourselves when we believe in the good intentions of politicians. But it's natural to hope for something better. Hope makes a bumpy ride a little bit smoother.
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You can hope for something better when the proposal is backed by something that has good probability to be true. When the design of the proposal is doomed to fail, hoping is just ignoring the risk and make this laster much worser and everybody pays the price even those who didn't participate at all to the silly game.
The bailout is doomed to fail: we had a crash because of debt, we are putting more debt to cure the debt ... even a 5 years old would wonder where common sense is ! So in a few years, you will see what I mean because the consequence is unavoidable.
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Hey! Get off the man's back. He's obviously not a native English speaker! :-) Politics and the stock market are fundamentally unrelated, although in practice they have a lot to do with each other because people turn out to be so corruptible and uninformed.
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People are not uninformed, they are frauders like the politicians: they faint to ignore common sense and think they will never be the latest fool at this game by profiting from it before delusion comes because they think they are smart enough except they are not alone to think the same.
As Kenneth Galbraith - the Economist of John Kennedy - put it : it's the Economics of "Innocent" Fraud.
People are frauders so they elect politicians of the same vein who will invent Good Stories which are just fairy tales.
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Here's a better analogy:
Politics is like taking the most stubborn people from different religions and cultures and asking them all to interpret an abstract painting from a third culture and religion, and then to make rational decisions without constantly referring to the damn painting.
Political science? HA!-
This one may be too abstract for me can you elicit more concretely ... just for me
So I'm not sure what you mean about abstract painting but I do say that though abstraction is a usefull tool, it's not an end by itself, and abstraction based on void is useless. And I know the CIA has fueled money for abstract art and religion ... I may guess why.
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