A Seriously Deluded Individual |
This is John Yates,
the twit who ran the Metropolitan Police in London into the ditches
where Rupert Murdoch crawled in search of private conversations and
personal scandals in high places that he could exploit for money.
Whether
these men do these things due to genuine paranoid delusional beliefs,
or whether they know only too well that they are gaining financial
and other benefits at every step along their paths 'up' and
are simply pretty good at hiding this inner knowledge, I do not know.
But what I am certain of is that Hebb's
Rule, that 'brain cells wire together when they fire together,' is a
reliable guide, and that eventually, people who continuously maintain
some outward claim that they know inwardly to be false, will end up
(in non-technical, entirely layman's terms) schizophrenic, paranoid,
and genuinely delusional. And this is especially so when such persons
actually get massively rewarded along the way for carrying off the
lie - or the several lies they need to maintain, in order to push
their position and their way forward.
Bernie Cornfeld - not too bad |
I think J. Edgar Hoover became a
seriously paranoid schizophrenic towards the end. A lot of modern
psychiatrist don't like the word 'schizophrenic,' choosing bi-polar
or manic or depressed – but the reality is these people have a mind
split into two. I think from a little distant hindsight, now, it is
possible to look back, for instance, at the financier who built the
Playboy Mansion – Bernie Cornfeld – and realise that he wasn't
quite the bad guy he is often made out to have been. In hindsight you
can see that he brought real innovations to mutual fund investing and
his legacy as a business identity might have fared better if the
market had have rewarded him in any way justly for what he put into
the market equity system itself, and for the support for
equitisations that he gave.
But see the market never does do that
and this is something well worth remembering when involving yourself
in the sharemarkets at all.
The fellow that eventually caused his
undoing was another of these what I would call, seriously dangerous
delusional personalities – Robert Vesco. Vesco was an outrageous
fraudster and criminal who exploited malicious litigation and
mudslinging to advantage. He was linked to the Nixon funding regime.
Whatever you might think of Nixon as a President, his backing was
extremely suspect and it tarnished his political legacy, and few
disagree on that point.
A really good man |
But there are also
extraordinarily good people about the place. They appear often in the
guise of fairly simple souls. A cunning ploy, I must say. Look for
more from this fellow in this coming year. (Pic on right: Tom Watson, UK MP)