Transcript: William J. Bernstein
March 7, 2021 12:00pm by Barry Ritholtz
The transcript from this week’s, MiB: Bill Bernstein on the Delusions Of Crowds, is below.
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BERNSTEIN: So we have this evolutionary drive, that let me we lead this to over interpret things and the analogy I think that is best is that you know if you’re a skunk millions of years of evolution have told you that when you meet a large predator, you turn 180 degrees, lift your tail and spray.
And that’s you know, very, very functional and very useful in a state of nature. But in a semi urban environment where the biggest threat to your existence is a hunk of steel weighing two tons moving at 60 miles an hour, that is not a functional response and unfortunately that’s the world we live in today.
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Somehow I feel that “We, The Sheeple” are like that poor skunk being unable to adapt to the politicians and bureaucrats taking control of life.
A leftist professor wants to limit executive power. This should not be news in the Age of Trump. Every leftist wants to do that, but this leftist might be slightly different. Professor Julia Azari wrote a piece for Vox arguing that the Constitution doesn’t do enough to limit executive power and suggests amending it to do so.
Source: Podcast Episode 224: The Constitution and Executive Power | Brion McClanahan Author & Historian
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We need to reign in the Executive. The problem is NOT BHO44 or DJT45. The DOWG weren’t perfect and they didn’t do enough to prevent the President from becoming a King. Or worse, a Deity.
I think of how some of my Depression Era relatives “worshiped” FDR and the fights when certain uncles who were war vets pointed out his flaws (i.e., women), claims that just weren’t true (i.e., he saved us from the Depression), and “conspiracy theories” (i.e., he caused Pearl Harbor; he led us into war; he was a socialist that gave away the world at Yalta).
Maybe that where I get my “suspicion” that ALL the Conspiracy Theories have a grain of truth at the core AND SOME even are true!
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