To: Pogeu Mahone who wrote (123756 ) 7/19/2010 1:07:29 PM From: Knighty Tin Read Replies (1) | Respond to of 132070 George Carlin said it all. "Reality, what a concept!" <G> Facts can lie, too. I read a piece in the Wall Street Urinal about a week ago stating that Bush's tax cuts had little if any impact on the subsequent budget deficits. Though every fact in the article was correct, the facts the author omitted made the entire piece a lie. I would love to say that it is because the Urinal is owned by Rupert Murdoch now, but this sort of sophistry is everywhere. It is even used by people I like and agree with. I'm glad I took so many statistics courses, because I can nearly always spot when someone is lying with statistics. However, when they say that something happened or something was said or unsaid, and it turns out to be a lie, I am always shocked. Why perjure yourself when facts can be so easily checked? The answer is simple: the folks who agree with you won't check the tapes or the transcripts and those who disagree with you can be dismissed as enemies. Thus, we had a fellow say on this thread that a direct quote by Rush Limbaugh was false because it was played by Keith Olberman. Something is either true or false and the personality of the utterer is not a determining factor. This is why I love mutual funds so much. Every day, the funds have to mark to market. The performance is reported in the newspapers and on web sites. Faking the numbers is a federal crime and folks who try that do go to prison. So, few try that path. Very few, though an unseemly number of them seem to be old friends of mine. (But, so far, none who worked at the same firm with me.) It has a naive purity about it that we rarely get in this world of spin and counter-spin.