The great Wikileaks dump has been interesting in any number of ways. I’ve learned a lot. It’s true that a number of commentators have said that this is all stuff we knew before, but I’m not sure that’s the case. There’s a whole raft of detail that now confirms what many of our intuitions were, and that’s a step forward. One thing that’s of paramount interest, I think, is that thus far no one has disputed any of the facts contained in the data dump.
This is good—facts are good things. For example, we now know that it’s a fact that the British government’s slavishness to the US embarrassed even the US government, and that Prince Andrew can be an oaf, but a highly amusing one, particularly about geography, and that the Vatican was upset that the Irish government didn’t intervene to stop the investigations into priest child abuse in the Irish Catholic Church, and that the US government actively tried to undermine the Kyoto agreement at the Copenhagen Climate talks. These are all things that if we didn’t know them to be facts, we could at least have intuited them as being likely—but it’s always nice to have your intuitions confirmed. Then there are some facts we didn’t know, like the fact that the US government pressured the Vatican to take the soft US line at Copenhagen, among others. I’m a financial analyst, and I like facts. That’s what makes transparency important. Continue reading →
A few years ago I invented a word: euphemasia , a hybrid between euphemism and euthanasia.
euphemasia – noun: the act of putting the truth out of its misery by cynically substituting an inoffensive expression for one that is considered offensive or damaging to the personal, political or economic interests of the party using the term. Also, the inverse, cynically substituting an offensive term for a benign one in order to achieve personal, political or economic ends.
We Americans didn’t invent euphemisms, but we have become masters at putting the language to sleep, haven’t we? Or, more accurately, at using language to put ideas and good sense in their rightful place. For instance:
Gentlemen’s Club: the last place you’d ever think to look for an actual gentleman. Continue reading →
The federal deficit is a major topic of conversation these days, both in the media and around the nation’s water coolers and copiers. In fact, many freshmen Republican Representatives and Senators believe that they have been sent to Congress specifically to shrink the deficit and the related national debt. But it’s become clear to me from reading and having multiple discussions about the deficit that not everyone is serious about actually addressing the problem. Sure, most citizens think they’re serious about eliminating the deficit, but because they don’t have any clue about the scale of the actual problem, they offer up “solutions” that aren’t even tenth-measures, never mind half-measures. And given the positions of the political parties and various politicians, it’s difficult to see how they might even think that their positions amount to a serious attempt to eliminate the deficit.
So how can we tell whether someone is serious about addressing the federal debt? Continue reading →