A different prespective to Life

Doubt is the product What this book says, and the film elucidates is there is a selective specific group of "scientists" who have a particular playbook to discredit, confuse and "muddy the waters" against scientific research for their sponsors. What these group of people or interest groups have learned from the days of dealing with the tobacco industry, is that they need not concern themselves with trying to prove anything or to disprove the scientists. All they need is to seed doubt and confusion in the market of public opinion, their main motto is "Doubt is our product". As, when people are confused and the policies are difficult to interpret because they are complicated, ambiguous, inconclusive, etc then there will be great difficulty in organizing widespread opposition to it. They deliberately frustrate governments into inaction, blocking them by using their lobbyist and "experts" and hence stop all ways of finding effective solutions...

Just finished watching the 13th on Netflix by Ava DuVernay With only 5% of the world population the US has 25% of the world incarcerated. One in 4 out of the people in prison anywhere in the world is an America. South Africa's apartheid was taken from the US segregation laws, then mass incarceration. The "I am not a crook" Nixon used the Southern Strategy and the "War on Drugs". Then Ronald Reagan continued the war on drugs and harsher sentences placed on crack than on cocaine.  Minorities, especially African Americans, were disproportionately incarcerated. More that 80 percent of federal prisons serving crack cocaine sentences were black. In August 2010 President Barack Obama signed the Fair Sentencing Act of 2010 to “restore fairness to Federal cocaine sentencing“ laws.  The war on drugs was like a war on blacks and I used to like Reagan. And these like other terms are codes for "war on blacks" like "state rights", "forc...

I recently watched a film " The Big Short ", this is a wonderful film it is more of a documentary-like film, with the actors who played main characters in causing the crises, sometimes taking breaks and explaining directly to the camera exactly -what was happening. They also used different additional clips and sketches, with beautiful actors and actresses doing exotic things to explain very complex financial instruments. The film starts with a coat from Mark Twain It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so. The story was traced back to the 1970's when banking could be said to be boring. There was a particular person, named Lewis Ranieri of Salomon Brothers, who is said to have created  mortgage-backed security   ( MBS ). These are a group of mortgages bundle together hence lowering the risk and raising the yield or profit. Now there was no problem as long as these MBS main con...