Re: What the results tell us…

On Nov 8, 2006, at 12:14 PM, Chuck wrote:

What gets me is that people can witness countless elections and the
ongoing shittiness of politics and still have faith in the system.

People overvalue new information at the expense of what they’ve known
for a long time. That’s really visible in the financial markets,
where the same thing happens over & over again (e.g. speculative
bubbles), but there’s always a reason why “this time it’s different.”

Doug

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