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The Danger of False Assumptions
2008-06-01 23:38:00 Today's edition of the New York Times includes a column from its Public Editor Clark Hoyt regarding a recent Op-Ed published in the Times written by Edward Luttwak and titled "President Apostate?" In his original piece, Mr. Luttwak argued that under Islamic Shariah law "as it is universally understood,” were Barack Obama to be elected president, he would be spurned by countries in the Muslim world as an "apostate" who had converted to Christianity. Luttwak went as far as to argue that Obama's...(read more)
?Generation Y? assumptions flawed, survey reveals
2008-05-30 02:01:00 Many of the stereotypes of so-called Generation Y workers have been turned on their head by
How do you know if your assumptions are right?
2008-05-24 13:30:00 When it comes to relationships, we make all our choices for conscious and unconscious reasons. How would your life be different if you began to consciously recognize unhealthy behaviour patterns and change? Modifying your behaviour doesn't necessarily mean you get to the root of your conditioning. How do you know if your assumptions uncover what you see or, only what you would like to see? Do you really know yourself?Take your current partner. To acknowledge the truth of what is happening in your life within your relationships, you need to be willing to take responsibility for your half of making or watching it happen. As you reflect on your conditions, you can, when ready, gradually grow to see where your beliefs and agreements create where you are. One man shared a story. He felt that as his- personal life took off in a good way, unforeseen obstacles appeared to repeatedly annoy him or ...
False Assumptions and True Expressions: Thursdays with Tushar
2008-05-15 09:45:00 I assume you know why I am late in posting this post today. I assume you know by now what I am going to write today. I assume that you must have got decent increment this time and your CV is not floating in the market. I assume that you have been reading and will keep on reading ...SHARETHIS.addEntry({ title: "False Assumptions and True Expressions: Thursdays with Tushar", url: "http://www.indiaprblog.com/200-8/05/false-assumptions-and-true--expressions-thursdays-with-tus-har.html" });
By: IndiaPRBlog!
False Assumptions and True Expressions: Thursdays with Tushar
2008-05-15 09:45:00 I assume you know why I am late in posting this post today. I assume you know by now what I am going to write today. I assume that you must have got decent increment this time and your CV is not floating in the market. I assume that you have been reading and will keep on reading ...SHARETHIS.addEntry({ title: "False Assumptions and True Expressions: Thursdays with Tushar", url: "http://www.indiaprblog.com/200-8/05/false-assumptions-and-true--expressions-thursdays-with-tus-har.html" });
By: IndiaPRBlog!
Five False Assumptions About Natural Living
2008-05-06 15:28:00 by Frederic Patenaude It seems like every time you turn your head, you hear confusing and misleading information from every corner of the natural health movement. First, you have mainstream “experts” who rely on outdated and inaccurate data to advise us on the subject. And then there’s the raw food or natural health movement itself, within which most people seem to disagree on what constitutes the healthiest diet. From the mainstream, we hear the following… “You have to make sure you eat enough protein” Without a doubt, the issue of “getting enough protein” is the number one concern of anyone switching to any kind of diet for any reason. Even though decades of vegetarian and vegan traditions and extensive research have proven that our actual protein requirements are fairly low and easy to meet - as long as we eat enough food - most people who will advise you about diet will likely make a much bigger deal about protein than it actually is. Bodybuilders go ...
By: fertilehealthy
Report on Iraq Cites Faulty Assumptions And Inability to Replace Saddam Wit
2008-04-19 04:51:00 McClatchy reports on this report from the National Defense University which calls the Iraq war “a major debacle.” They write that, “The report carries considerable weight because it was written by Joseph Collins, a former senior Pentagon official, and was based in part on interviews with other former senior defense and intelligence officials who played ...
By: Liberal Values
Climate Assumptions ?Unachievable?
2008-04-09 22:52:00 Straight up, I?ll say that the heading is supposed to be ?alarmist.? But the fact remains that, unless we do something now, the future is far too unpredictable to depend upon. A report published in...
By: Green Options
Assumptions About Intelligence
2008-04-02 07:01:00 Some individuals diagnosed with autism are not able to talk. When we meet a person who is non-verbal, we tend to make assumptions about their intelligence. A recent post on a prestigious website about autism even asked this question: ?Are non-verbal people with autism intellectually capable?? Because the inability to talk can be a result ...
By: FAQautism
Making Assumptions about ESL Knowledge
2008-03-25 01:10:00 I was tutoring an advanced ESL student today. He's a doctoral student at one of the top universities in the U.S. He asked me to primarily help him with his writing skills. I always focus on the areas my advanced students want to focus on, as opposed to beginning ESL students who need me to guide the directions of our ESL lessons a lot more.Some small thing came up today about pronunciation. I started talking about the many vowel sounds English has, yet we only have five vowels (sometimes six with the letter "y"). I wrote and said, "a, e, i, o, u." He asked me to repeat the vowels. He said that this was the first time he'd heard a native speaker say the vowels. I usually try not to make assumptions about what English language learners know or don't know. I'll often ask about something just to make sure. I never thought to ask about something as basic as the vowels. I learned that I still make certain assumptions and need to be even more conscious.--end--
Never make assumptions about performance
2008-03-17 14:47:00 The importance of measuring performance changes is a topic that has been covered by others smarter and more experienced than me, but I have a recent simple tale. I’ve simplified the code quite a bit in order to demonstrate the issue. Suppose I have a wrapper around an image (it has many more attributes): ...
Assumptions Are Conversation Killers
2008-03-06 10:30:00 In my work as an executive coach I have found that the single biggest mistake that people make is assuming that competence and performance are their ticket to success; when in fact they are merely the price of admission. Most people are good performers. It’s a huge mistake to think that good performance is the ...
iPhone SDK details leak, confirm assumptions
2008-03-03 18:59:00 Apple’s highly-anticipated iPhone/iPod touch SDK announcement is just around the corner, but anonymous sources area already doing what they do best. iLounge’s Jeremy Horwitz says a couple caged birds sang and confirmed a number of assumptions about what to expect from Apple’s first attempt at officially opening its darling gadgets. read it here arstechnica.com
By: iPhonetunes
Buddha & views to shatter false assumptions
2008-02-06 10:46:00 Sometimes inspirational mentors can be well-known yet, rather obscure. They can set an ideal or a standard which prompts you to reflect on how you view yourself. For me, Buddha represents mystery and heightened awareness. The three phases of his life experience--Siddhartha the prince, Gautama the monk, and Buddha the Compassionate, enlightened one, all set examples that urge the rest of us to redefine our own awakening:1) Discover the truth. According to Buddha, the individual person or concrete sense of self are illusions. He grew to sense how ignorance and attachment lead human beings to create false assumptions and misunderstandings, includi-ng getting stuck in a limited self-view, rather than embracing unconditional love and infinite potential. He urges us to willingly rethink the meaning and temptations of ownership, possession and control.2) Believe in karma. This brings us to the principle of...
[SEO by the SEA] Yahoo Replaces PageRank Assumptions with User Data
2008-01-16 08:20:00 SEO by the SEA has posted a new item, 'Yahoo Replaces PageRank Assumptions withUser Data'PageRank is an algorithm that measures the importance or quality of a Webdocument. It can be used in a number of ways by a search engine, such as being combinedwith relevance factors to rank search results, or to determine which web pagesto crawl (pdf) and how frequently to crawl them, or ...You may view the latest post athttp://www.seobythesea.com/?p-=977You received this e-mail because you asked to be notified when new updates areposted.Best regards,William Slawskibill@seobythesea.com
Developing systems, challenging assumptions
2008-01-11 21:26:00 I was on the phone today with Mary Lou Jepsen, founding Chief Technology Officer of One Laptop Per Child and now founder of Pixel Qi, a commercial spin-off company of OLPC that will be putting their new ambient-light-viewable displays into cell phones and laptops. Mary Lou and I both started off in holography about twenty years ago, and have (miles permitting) been friends for most of that time. And she has never ceased to amaze me: both in her talent and in her fortitude. I haven't been following the OLPC story that closely, partly because???as a freelance???I know that it's too big a story: it's of interest to consumer journalists, tech writers, even those writing the political pages. In that kind of environment it's hard to sell freelance pieces. But talking to her today made me realize that there was a story about engineering that was worth my telling... a story about how to not just think about building a system from the ground up, but to re-think it. A story about how to ...
Developing systems, challenging assumptions
2008-01-11 21:26:00 I was on the phone today with Mary Lou Jepsen, founding Chief Technology Officer of One Laptop Per Child and now founder of Pixel Qi, a commercial spin-off company of OLPC that will be putting their new ambient-light-viewable displays into cell phones and laptops. Mary Lou and I both started off in holography about twenty years ago, and have (miles permitting) been friends for most of that time. And she has never ceased to amaze me: both in her talent and in her fortitude. I haven't been following the OLPC story that closely, partly because—as a freelance—I know that it's too big a story: it's of interest to consumer journalists, tech writers, even those writing the political pages. In that kind of environment it's hard to sell freelance pieces. But talking to her today made me realize that there was a story about engineering that was worth my telling... a story about how to not just think about building a system from the ground up, but to re-think it. A story about how to ...
Assumptions
2007-12-14 09:01:00 Assumptions He Won’t Talk So He Must Be A Terrorist Better Break Out The Waterboard SHARETHIS.addEntry({ title: "Assumptions", url: "http://leftwingconspiracy.com/-2007/12/14/assumptions/" });
On False Assumptions of Conservative Divas & Gay Conservatives
2007-12-06 03:52:00 Every now and again, we got a comment which defines an attitude. But, it’s rare that that commenter will keep posting, continually proving how narrow-minded was his initial point about our blog, how wrong he was about our ideas and how ignorant he was about gay Republicans. But, yesterday, not long after I announced that ...
By: GayPatriot
Rent vs. Buy: Some Assumptions May Have a Significant Impact on Your Decisi
2007-11-27 18:46:00 Rent vs. buy comparisons are very common and have been already discussed in length. However, the impact of several common assumptions on costs and opportunities has yet to be fully uncovered and explained. I?ve recently compared the two alternatives and have decided to share my experience.We all know that in rent vs. buy the alternative cost of each option should be compared. When deciding to rent the primary cost is the rent itself. When buying a property the primary cost is the interest paid on the mortgage.However, there are no less significant costs and opportunities to consider. We usually refer to these as alternative costs or opportunity costs. When considering these costs and opportunities we usually make assumptions and let the internet calculator do its thing. You must be aware your assumptions greatly affect the end result. One must use sensitivity analysis in order to examine the impact of these assumptions on the comparison as a whole.When considering buying a property ...
Rethink your assumptions
2007-11-20 23:01:00 You invite each person into your life for different reasons. Part of your job is to figure out less obvious reasons. When things aren't going the way you assume they should at work or in romance, its tempting to assume people influencing your mood shouldn't be in your life. But wait! Think again. What could you be missing?1) Reflect on why that certain someone annoys you. This may be a person who has a crush on you or who follows you around having chosen you as office mentor. It could also be for other reasons. Admit the real reason you're annoyed. Its not likely the person at all. It could be what he/she represents or reminds you about. Whenever your attention is drawn to something, this is a good thing. Figure it out.2) Rethink that romantic scenario that didn't work out. Part of you may resist because you believe this would be a waste of time. Yet, when a romance doesn't pan out, its because de...
You must stick to your conviction, but be ready to abandon your assumptions
2007-11-14 12:37:00 I have abandoned a few assumptions this week. I assumed I could be pregnant (i.e. deal with all the hormones and prepare for this new life coming), take care of our 17 months old boy, my other half and study for a degree at the same time.I had to admit I was wrong. The strain of having to juggle so many things at the same time when all I wanted to do was take care of myself, read, buy baby clothes, hug my boy and man, was making me iffy and moody. I became angry at myself and the world. I started to doubt myself and my choices. I started to become seriously stressed and letting it out on the ones around me. And all these emotions were not good for the baby either.Why could I not handle this?I started analysing the situation. The reason why I chose these classes was so that I could obtain this degree. A degree which would not have advanced me in my current job. It would only allow me to possibly follow some other courses in order to possibly make a career change into education. And e...
By: MindFul MiMi
Three wrong assumptions
2007-11-11 19:52:00 Did some blog reading today, and found out several assumptions I had which were wrong: Assumption: "Protected Internal" means both protected and internal Wrong: It means Protected OR Internal. Assumption: 32bit Windows is limited to 2/4gb ram Wrong: It's limited to 2gb of ram per application. Assumption: OpenFileDialog is harmless Wrong: It loads a mini-explorer, including all the extensions you
By: Dotmad.net
Negative thinking leads to negative assumptions!
2007-11-08 16:27:00 Most people aim at nothing and hit it accurately. Manypeople who do plan, plan, and plan some more, never reach their goals. Others plan, take action, and seem to succeed without much struggle. Why do some people fail while others succeed?Success is achieved by planning action and taking action. However, before defining goals and putting together an action plan, it is important to do a self-evaluation. This evaluation must extend deep in one's attitude.Now I am not saying that having a good attitude will bring you success. What I am saying is that your attitude must be in line with the results you want to achieve. you must examine your inner self and know why you are striving for the goals you say you want to achieve.Build your attitude positively from the inside out. Begin by building a sustainable motivating attitude. Plan your goals around your strengths and build on your personal confidence in all you do. Over time, you will find yourself achieving more.TIP - Do not internally ...
By: motivation
Making Assumptions
2007-11-02 23:53:00 I remarked to one of my neighbours the other day that sweeping up autumn leaves was a thankless task. She agreed, saying that if she didn’t keep on top of it then our other neighbours would be really annoyed about the leaves blowing from her garden into theirs. When I asked how she knew this, she said it was just obvious; anyone would get fed up with having leaves all over their garden. It was an assumption and she had become a prisoner of that assumption, committing herself to the toils of Sisyphus, situated as we are at the edge of a wood on top of a windy hill. We all have to make assumptions all the time for life to actually function at all. I assume that there will be traffic on the A69 today and that cheese will go off in the fridge if I leave it there long enough. These are relatively safe assumptions but they can both be tested easily (and I frequently test both of them, especially the one about the cheese). When we get into trouble th...
By: BlogPositive
Assumptions - James Howard Kunstler
2007-10-31 09:21:00 by James Howard Kunstler When historians glance back at 2007 through the haze of their coal-fired stoves, they will mark this year as the onset of the Long Emergency or whatever they choose to call the unraveling of industrial economies and the complex systems that constituted them. And if they retain any sense of humor which is very likely since, as wise Sam Beckett once averred, nothing is funnier than unhappiness they will chuckle at the assumptions that drove the doings and mental operations of those in charge back then (i.e. now). The price of oil is up 53 percent over a year ago, creeping up now toward the mid-$90-range. The news media is still AWOL on the subject. (The New York Times has nothing about it on todays front page.) The dollar is losing a penny a week against the Euro. In essence, the American standard of living is dropping like a sash weight. So far, a stunned public is stumbling into impoverishment drunk on Britney Spears video clips. If ...
Friedmann?s Three Assumptions For The Evolution Of The Universe
2007-10-16 23:59:00 Have you ever thought about the question “what will happen to this universe”? May be it is misleading to claim that “all this” will end one day, so I would rather ask “how this universe will look like after a VERY long time“. For purpose I do not mention any exact time, ...
Violent Assumptions
2007-10-04 06:00:00 This article, from Lansing, Michigan's City Pulse newspaper, just made me totally crazy. Yes, I realize that we're not talking about the newspaper of record here, but the tone of the article speaks volumes about the kinds of assumptions and biases that make up the background music to debates about gender, and it is chock-full of unfortunate characterizations of masculinity. To clarify, the article in question is about domestic violence and new approaches to dealing with it. Right off the bat, the author makes it clear that we are only concerned with violence against women committed by men. Fair enough. Youre free to tackle any aspect of domestic violence that you wish to, though I dont see how that should translate into men being the source of the problem. Men are not the problem. Abusers are. For me, the really frustrating fact was that there is almost no way for me to voice my displeasure with what was written without someone misinterp...
Check Those Assumptions
2007-09-28 00:21:00 Because of cognitive challenges, some individuals diagnosed with autism are not able to read, write, or even talk.. Other people with autism seem self-absorbed and do not seem to be interested in learning. In these cases, it is easy to assume that a person cannot or will not understand science or history or music. ...
By: FAQautism
MCAT Questions: Conclusions and Assumptions
2007-09-25 18:06:00 To answer questions that ask you to choose a reasonable conclusion or assumption for an argument, it’s important to understand what it means for a conclusion or assumption to be reasonable in the context of the MCAT. An implied conclusion is necessarily supported by the evidence but is not explicitly stated. That is, given A, B, ...
By: Education World
Make Assumptions Obsolete by Communicating
2007-09-14 15:00:00 For instrumental music while reading, choose: hi-fi (broadband) or low-fi. We assume because we don’t know. We don’t know because we don’t ask. We don’t ask because we act as if we already know. Or, we are insecure and don’t want to appear stupid. So we make an assumption. Then we forget it is merely something we made up because we don’t know the truth, and we behave as if it’s a fact. If the other people in your life have a similar relationship with assumptions, drama abounds. Everyone acts as if their actions and reactions are based on reality when in fact, so many personal interactions are based on arbitrary fabrications, wishful thinking and fantasy. We have a name for this problem-prone, sloppy thinking: assumptions. Why do we do it? Mental laziness. With enough information, assumptions are unnecessary. When we know the real facts, we don’t have to make them up. How do we learn the facts? Ask questions. “He who fails to ques...
Resource Projection Best Practice 1 - Standardized Assumptions
2007-09-07 03:05:00 Understanding the resource cost of activities is key to creating confidence that assigned work can be completed successfully and on time. Regardless of whether activities are frequently recurring and therefore well understood or one time efforts to produce a unique product or service, the use of standardized resource assumptions greatly helps the organization anticipate the ...
By: StrategyDriven
Assumptions We Learned in Elementary School
2007-07-27 00:00:00 Once you have a vision of your future, it's time to establish a strategic course of specific action steps to lead you there. Action is the key to claiming your future, through a process of steady growth that builds momentum...
Dark clouds in forecast: Your long-term market assumptions may be all wet
2007-07-01 17:45:00 People in your 20s...something for you to ponder on...for your retirement....=================-===================By Chuck Jaffe, MarketWatchCHICAGO (MarketWatch) -- Everything you know about your financial future could be wrong. That's not a statement on listening to predictions of a dire market crash or following some new theory of the "best" way to invest. It's about what you think you know about stock market returns and how you have planned for them in the future. Paul McCulley, managing director at Pimco and author of the new book "Your Financial Edge," says that investors need to reshape their portfolios to reflect the returns they should realistically expect from the stock market for the next 25 years.It's not the first time someone has suggested that market gains will be lower over the long haul, it's just the rare occasion when someone with so much influence in the industry and such a long track record of being correct as an economist has called for such a dramatic sh...
Leftist Assumptions About Iran
2007-06-25 22:29:00 Diarist Tom Rinaldo at DailyKos, has concluded that the Iranian nuclear threat is a vastly inflated neoconservative conspiracy. A conspiracy designed exclusively to provoke a wider imperialist-mercantilist war for control of all Middle Eastern oil reserves. Essentially, his views are identical to the current propaganda being produced by the Iranian Information Ministry. The only difference being ...
By: postpolitical
QUESTIONING THE ADMISSIONS ASSUMPTIONS
2007-06-19 13:56:00 QUESTIONING THE ADMISSIONS ASSUMPTIONS New study sees high school grades as a far better predictor than SAT scores, but notes large gap in ability to predict anything. http://insidehighered.com/news/-2007/06/19/admit [My own experiences in this domain began in a school where my English teacher was chair of the verbal section of the SATs and my math teacher a member of the math ...
Government Approves 2008 Macro Economic Assumptions
2007-06-05 02:25:00 The government, Bank Indonesia and the Finance Commission of the House of Representatives (DPR), have approved the 2008 macro economic assumptions.The macro economic assumptions that were approved included which next year's economic growth of between 6.5 and 6.9 percent. Finance Minister Sri Mulyani Indrawati is of the opinion that the change in growth rate assumptions will influence the inflation rate, the Rupiah's exchange rate against the US Dollar and the three-monthly Bank Indonesia Certificate (SBI) interest rate. She also viewed that the growth assumption change will alter the three-percent SBI interest rate assumption to between seven and eight percent from the previous standard between 7.5 and 8 percent.
Flash Back: Sexist Assumptions At Relevant Mag
2007-06-02 21:36:00 I just posted a few weeks ago a bunch of the articles I’d written for Relevant magazine. Not saying this had anything to do with my lack of writing in the following year, but my post concerning Relevant’s new women’s mag, Radiant, got some interesting attention. Basically I posted this advertisement from Relevant’s website: And I ...
By: Trying to Follow
Check Those Assumptions
2007-05-21 07:01:00 Because of cognitive challenges, some individuals diagnosed with autism are not able to read, write, or talk.. Other people with autism seem self-absorbed and do not seem to be interested in learning. In these cases, it is easy to assume that a person cannot or will not understand science or history or music. When a person doesn’t seem to be able to learn new concepts, it is easy for us to just pop in the same video over and over again. Then we can’t figure out why our friends with special needs are so bored, agitated, or restless. What are some strategies for encouraging learning? Listen Now! or Click Here To Read
By: FAQautism
Application Crashing-Assumptions
2007-05-15 09:18:00 Application Crashing is a Severity Level one error and there is no way of accepting any kind of explanation to it. Here are some suggestions to counter that: QA/tester Assumptions: 1. Application should be stable at all times no matter what path or action(s) performed by the user. 2. Application should treat the user in a way that the user learns from the actions about the right processes. 3. Application should log out the user or create an exception that would lead to an error page. Testing perspective: 1. Create Test Cases based on activity logs captured if it is a .NET project. If it is a Java/J2EE based we can do handle that in session tracking. 2. Try getting on to the application from an unknown user and see if security features are met. 3. Check the work flow of the application and identify alternate paths if identified new, handled by the development team. Bollywood
Assumptions About Inter-cultural Marriage
2007-04-05 10:08:00 Intercultural marriage adds an extra set of dynamics to relationships. Regardless of how those differing cultures met to love one another, the desire to marry comes with a need to merge two cultures into one. Many questions arise. Will our families understand? What about spousal roles? What differences will be encountered with food and meal preparation?Recently,we created a survey questionnaire about intercultural marriage and asked many such couples to respond to some of the positives and negatives within an intercultural marriage. The answers were eye-opening and helpful.Probably one of the biggest assumptions made within marriage is that the way we do things is the correct way. After all, "My family has always done it this way and it works quite well." This same assumption is found within intercultural marriages, but it's magnified.Assumptions about how we live come with each culture. All of our life experiences through family & cultural background teach us how to deal with life...
Assumptions
2007-04-01 11:00:00 What if we found the photo of a stranger when we had taken the photo of ourselves? ...What if we woke up on a deserted beach without a single memory of the past? ...What if we started to doubt the biggest lies that had become truths throughout the centuries? ...What if we recognized that death is a part of life’s miracle? ...If everything was perfect, what would be the meaning of our life on this planet? ...
Assumptions
2007-04-01 00:28:00 I've found that whenever I move to a new place and I eventually reveal my lack of belief to people, I'm greeted with a host of assumptions. It's as if what I lack a belief in speaks for all my other life experiences and beliefs. For example, I couldn't possibly believe in marriage and "proper" child rearing because I lack a belief in God. Additionally, because I am only in my twenties, my
By: Anonymously
Assumptions in Intrusion Detection - Blind Spots in Analysis
2007-03-29 21:28:00 This paper examines one of the assumptions that form the foundations of packet analysis. A discussion of an approach to analyzing protocol stacks is presented. This approach can be used to determine gaps in the protocol stack where an analyst can be misled. Through the discussion a gap in the TCP/IP protocol stack is examined revealing one of the common assumptions made in intrusion analysis; trusting the content of the protocol field of the IP header. read more
Business strategy based on false assumptions
2007-03-25 19:40:00 The One-Eyed Doe (Illus by Harrison Weir, John Tenniel, Ernest Griset) A Doe had had the misfortune to lose one of her eyes, and could not see any one approaching her on that side. So to avoid any danger she always used to feed on a high cliff near the sea, with her sound eye looking towards the land. By this means she could see whenever the hunters approached her on land, and often
Assumptions
2007-03-08 12:00:05 Ever start down a planning road, get pretty far down it, and then add a team member to the discussion only to find that what you’ve assumed as how-it-will-work is not at all what they’re assuming? It happens to all of us, whether we’re talking about strategy at work…or planning how we’ll ...
"US' policy on Pakistan rests on 'dubious and misplaced' assumptions&q
2007-03-05 18:45:02 Washington, Mar 5: US' policy on Pakistan and the war against global terrorism was based on "dubious and misplaced assumptions" that the present regime there was the only viable option (to fight against terror), and that by liquidating top Al Qaeda leadership, terrorism war would have been half won.
By: newkerala.com
FAULTY ASSUMPTIONS In Home-Lending Push, Banks Misjudged Risk
2007-02-10 21:13:02 The percentage of HSBC mortgages more than 60 days past due is climbing. In a surprise announcement late yesterday, HSBC said its subprime-mortgage problem was worse than previously indicated. It said the capital it sets aside to cover all bad debts, including the soured mortgages, would be 20%, or $1.76 billion, higher than analysts' consensus estimates. "The impact of slowing house price growth is being reflected in accelerated delinquency trends across the U.S. subprime mortgage market, particularly in the more recent loans," the bank said. » original news
Belief and Assumptions
2007-02-07 23:34:00 Skeptics frequently talk about belief. Their view is that people who subscribe to a worldview that is not completely scientific do so because they have unsubstantiated (and unverifiable) beliefs, whereas those who subscribe to a scientific worldview do not have unsubstantiated beliefs.I’ve pointed out previously (More on Assumptions) that science is actually based on more assumptions then most religions. Personally, I do not use the word belief in this context. This is not just some politically correct name change, but because the two concepts are different. If someone says they believe there is a tiger in the room, you would expect them to exhibit certain behaviour patterns, for instance fear and anxiety, and they would attempt to get out of the way. If they don’t do this you may wonder what the nature of their belief is. On the other hand, an assumption is a view that is taken to be true without verification. Science makes many assumptions, some of what I’ve written about pr...
By: Esoteric
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