May

4

Is one that puts the liar in a somewhat but much reduced negative light while hiding the real gravament of major culpability? A good example is Cole Porter saying that he was a member of the French Legion and that the reason that they took him was that they wanted an American to be in it for public relations. But he really wasn't in it at all as he had gone to France to avoid the Draft. And Gross's upside down thing that the secular in stocks and bonds, is over is an example of that perfect lie, although one would guess that he is not aware he is lying and just would not ever say anything good about stocks because that would hurt allocations to his fixed income activities. And he's been calling for the end of the rally in stocks since Dow 1000 or so.

Stefan Jovanovich writes:

"In July of 1917, he set out for Paris and war-engulfed Europe. Paris was a place Cole flourished socially and managed to be in the best of all possible worlds. He lied to the American press about his military involvement and made up stories about working with the French Foreign Legion and the French army. This allowed him to live his days and nights as a wealthy American in Paris, a socialite with climbing status, and still be considered a "war hero" back home, an 'official' story he encouraged throughout the rest of his life."

From Cole Porter's bio on coleporter.com

Draft registration began June 5, 1917.

To justify the enslavement of American citizens, the Supreme Court looked not to the Constitution but to "the law of nations" - i.e. what the Europeans had always done.


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2 Comments so far

  1. douglas roberts dimick on May 6, 2015 6:10 pm

    Galt’s Lie?

    Has anyone heard of this alleged investment scam presenting Randian inferences?

    http://blog.panampost.com/james-guzman/2015/04/30/avoiding-train-wrecks-like-galts-gulch-chile/

    Victor, when occasioned to watch related TV and movie dramas, the juxtaposed regulatory schemes fail to present the metacircularity of similar AR story arcs. How did government regulation become introduced then proliferate to Rand’s heightened levels?

    Why is it that our free-market heroes opt for escapism?

    Here again in this news story, we are given an example where fair and orderly market exchange/investment products result in people claiming their loss of money resulted from fraudulent activity.

    Is it really buyer beware?

    How does the “too big to fail” doctrine fit here?

    dr

  2. Alice Allen on May 10, 2015 11:56 pm

    Victor’s example of a ‘perfect lie’ reminded me of another type described in Neil Sheehan’s book, A Bright Shining Lie: John Paul Vann and America in Vietnam (Vintage Books, 1988). Briefly, Lt. Col. Vann appeared to courageously risk a golden future in the military as he publicly offered strong critiques of the way U.S. generals were executing the war. He appeared to be making a huge sacrifice of his own future career for the public benefit. According to Sheehan, Lt. Col. Vann knew that he was actually risking very little. He had been accused of raping a chaplain’s daughter early in his career–a fact that would most likely prevent his further advancement up the ranks. He could appear to be a self-sacrificing hero, because in truth he had already lost what he appeared to be risking.

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