Just added it tonight. The reference to "reality" comports with this (from Wikipedia
here):
Reality-based community is an informal term in the United States. In the fall of 2004, the phrase "proud member of the reality-based community" was first used to suggest the commentator's opinions are based more on observation than on faith, assumption, or ideology. The term has been defined as people who "believe that solutions emerge from judicious study of discernible reality." Some commentators have gone as far as to suggest that there is an overarching conflict in society between the reality-based community and the "faith-based community" as a whole. It can be seen as an example of political framing.
The source of the term is a quotation in an October 17, 2004, The New York Times Magazine article by writer Ron Suskind, quoting an unnamed aide to George W. Bush (later attributed to Karl Rove[1]):
The aide said that guys like me were "in what we call the reality-based community," which he defined as people who "believe that solutions emerge from your judicious study of discernible reality." ... "That's not the way the world really works anymore," he continued. "We're an empire now, and when we act, we create our own reality. And while you're studying that reality—judiciously, as you will—we'll act again, creating other new realities, which you can study too, and that's how things will sort out. We're history's actors…and you, all of you, will be left to just study what we do."[2]
[Emphasis added.] The first time I read that, I could hardly believe my eyes. The hubris of it all. Karl Rove, I think, is a perfect exemplar, along with Glenn Beck, of the problem of a little education being a dangerous thing. "A small amount of knowledge can mislead people into thinking that they are more expert than they really are." (See
here.) Both Rove and Beck are college drop-outs; education was too liberal for them. (George Bush, always the rebel, was basically just dumb enough to be bamboozled by Rove.)
Of course, Glenn Beck now has his own bullshit "university."
Changing the subject: Technically, I was born in Coral Gables and now live in North Miami, which is its own municipality. But for the most part I grew up right in the heart of the City of Miami. I also work there.
And after that Buffett leaves the business alone. It is free from the pressures of being a publicly traded company, and it is managed as the original management sees fit. This is the opposite of the private-equity approach, in which businesses are loaded with debt and profits are boosted via layoffs. "Love of money over love of business," says Buffett about private equity. Every two years, Buffett sends a memo to his top managers, whom he calls his "All-Stars." This summer, he wrote, "Talk to me about what is going on as little or as much as you wish. Each of you does a first-class job of running your operation with your own individual style and you don't need me to help." . . .
