Friday, March 16, 2007

We sometimes have to take things seriously, as when the icecaps are melting.

Where is the controversy in this? Is the melting of icecaps a fiction, and is the hole in the ozone layer a simple phrase in the newspaper?

If we assume the two phenomenon above actually exist, then we at least start from some sort of fact. The rest becomes curiouser and curiouser, as interpretations go wild.

Interpretation has a way of getting beyond the facts and burying them, whether we are talking about ecological data or the prices of stocks and bonds.

Really, when you think about it, we have so little to go on.

This tends to make extrapolation and interpretation the news of the day, rather than the facts, of which we have so many, that most of us go into overload. In come the talking heads to tell us what they think it means. The winning talking head is crowned the Expert until the next batch of data and the next crisis.

I was tickled a few weeks ago, when the stock market dropped and commentator Jim Cramer was called in the calm investors down. Can you imagine Jim calming anyone down?

But we stray from the real topic which is Unreality.

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