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	<title>Comments on: The Pygmalion Effect</title>
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		<title>By: vivi</title>
		<link>http://www.noquarterusa.net/blog/14454/the-pygmalion-effect/#comment-1404175</link>
		<dc:creator>vivi</dc:creator>
		<pubDate>Mon, 13 Sep 2010 14:19:03 +0000</pubDate>
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		<title>By: cynic</title>
		<link>http://www.noquarterusa.net/blog/14454/the-pygmalion-effect/#comment-1143574</link>
		<dc:creator>cynic</dc:creator>
		<pubDate>Tue, 17 Feb 2009 08:15:15 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=14454#comment-1143574</guid>
		<description>Anyone wondering about ultimate responsiblity ought to watch the 2-hour documentary &quot;House of Cards&quot; on CNBC.  It&#039;s maddening.  Basically it reveals that nearly everyone involved was knowingly responsible--borrowers, loan originators, banks and financial institutions, marketers, Wall Street, the government--the entire chain from top to bottom.  &lt;em&gt;Everybody&lt;/em&gt; knew better, but the lure of quick and easy money seduced &lt;em&gt;everybody&lt;/em&gt; into doing it anyway.  

The maddening thing about it is that even after those interviewed reveal all they knew, they &lt;em&gt;still&lt;/em&gt; accept no &lt;em&gt;personal&lt;/em&gt; blame.  They were caught up in the money machine, they say; &lt;em&gt;anyone&lt;/em&gt; in their shoes would have done the same.  Greenspan attributes it to a fundamental flaw in human nature.  He asserts that no regulatory structure can guard against that flaw, and calmly states at some point it will happen again. 

Catch it if you can.  It&#039;s worth watching.

http://www.msnbc.msn.com/id/29163182/</description>
		<content:encoded><![CDATA[<p>Anyone wondering about ultimate responsiblity ought to watch the 2-hour documentary &#8220;House of Cards&#8221; on CNBC.  It&#8217;s maddening.  Basically it reveals that nearly everyone involved was knowingly responsible&#8211;borrowers, loan originators, banks and financial institutions, marketers, Wall Street, the government&#8211;the entire chain from top to bottom.  <em>Everybody</em> knew better, but the lure of quick and easy money seduced <em>everybody</em> into doing it anyway.  </p>
<p>The maddening thing about it is that even after those interviewed reveal all they knew, they <em>still</em> accept no <em>personal</em> blame.  They were caught up in the money machine, they say; <em>anyone</em> in their shoes would have done the same.  Greenspan attributes it to a fundamental flaw in human nature.  He asserts that no regulatory structure can guard against that flaw, and calmly states at some point it will happen again. </p>
<p>Catch it if you can.  It&#8217;s worth watching.</p>
<p><a href="http://www.msnbc.msn.com/id/29163182/" rel="nofollow">http://www.msnbc.msn.com/id/29163182/</a></p>
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		<title>By: bert</title>
		<link>http://www.noquarterusa.net/blog/14454/the-pygmalion-effect/#comment-1143528</link>
		<dc:creator>bert</dc:creator>
		<pubDate>Tue, 17 Feb 2009 04:39:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=14454#comment-1143528</guid>
		<description>Great comment, Peggy Sue. Well said, especially the last paragraph. &lt;strong&gt;call on the best spirit of the American people&lt;/strong&gt;

That was my message in a nutshell.</description>
		<content:encoded><![CDATA[<p>Great comment, Peggy Sue. Well said, especially the last paragraph. <strong>call on the best spirit of the American people</strong></p>
<p>That was my message in a nutshell.</p>
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		<title>By: Peggy Sue</title>
		<link>http://www.noquarterusa.net/blog/14454/the-pygmalion-effect/#comment-1143463</link>
		<dc:creator>Peggy Sue</dc:creator>
		<pubDate>Tue, 17 Feb 2009 01:29:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=14454#comment-1143463</guid>
		<description>Thanks, Bert, for a very relevant essay.  I think any parent would recognize the basic truth in this: aim high and your more likely to get high results.  Aim low and the reverse is true.

One of the things that impressed me about HRC&#039;s initial address at the State Department was her statement that though the problems were huge throughout the world, she and her staff were &quot;optimists,&quot; believing that they could find roads to peace and resolutions to improve people&#039;s lives.  George Mitchell said the same thing: the road to peace is fraught with obstacles and will take time and patience to navigate.  But that doesn&#039;t mean results cannot be had.  He brought up the &quot;Irish Troubles,&quot; 30-years of open warfare and centuries of resentment and mistrust.  Lots of people said it was useless and hopeless to expect anything good in Ireland.

Mitchell persisted and the accords have lasted for a decade now.

So, this is a long-winded way of saying we can be realistic, admit that the road is bumpy at best, but call on the best spirit of the American people: we can and will find a solution.  This is far cry from &quot;gloom and doom,&quot; rushed, undebated policy packages, and threats that &quot;you don&#039;t vote now, it will be too late.&quot;  That&#039;s the spin of the con-artist, not a leader.

Good piece! Thanks.</description>
		<content:encoded><![CDATA[<p>Thanks, Bert, for a very relevant essay.  I think any parent would recognize the basic truth in this: aim high and your more likely to get high results.  Aim low and the reverse is true.</p>
<p>One of the things that impressed me about HRC&#8217;s initial address at the State Department was her statement that though the problems were huge throughout the world, she and her staff were &#8220;optimists,&#8221; believing that they could find roads to peace and resolutions to improve people&#8217;s lives.  George Mitchell said the same thing: the road to peace is fraught with obstacles and will take time and patience to navigate.  But that doesn&#8217;t mean results cannot be had.  He brought up the &#8220;Irish Troubles,&#8221; 30-years of open warfare and centuries of resentment and mistrust.  Lots of people said it was useless and hopeless to expect anything good in Ireland.</p>
<p>Mitchell persisted and the accords have lasted for a decade now.</p>
<p>So, this is a long-winded way of saying we can be realistic, admit that the road is bumpy at best, but call on the best spirit of the American people: we can and will find a solution.  This is far cry from &#8220;gloom and doom,&#8221; rushed, undebated policy packages, and threats that &#8220;you don&#8217;t vote now, it will be too late.&#8221;  That&#8217;s the spin of the con-artist, not a leader.</p>
<p>Good piece! Thanks.</p>
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		<title>By: Ferd Berfle</title>
		<link>http://www.noquarterusa.net/blog/14454/the-pygmalion-effect/#comment-1143441</link>
		<dc:creator>Ferd Berfle</dc:creator>
		<pubDate>Tue, 17 Feb 2009 00:58:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=14454#comment-1143441</guid>
		<description>The solution is for idiots like you to shut up and stop commenting about things of which you know little or, more to the point, nothing. You only come here to flame us centrists with your prepackaged, prefabricated pontifications provided you by the provocateur-in-chief. The solution is for people like you to stop demanding money from people like me who actually work for a living.  I know it is a quaint notion, but actual work used to be a requisite for acquiring money.

But you guys have a much better idea, and that is to allow the shiftless to sit around on dead backsides and &lt;em&gt;&lt;strong&gt;whine&lt;/strong&gt;&lt;/em&gt; until someone hands it to them, a sum from which you will probably get a cut, since you&#039;re apparently so interested that they get it.

Nice try, troll, but you&#039;re a known commodity here..</description>
		<content:encoded><![CDATA[<p>The solution is for idiots like you to shut up and stop commenting about things of which you know little or, more to the point, nothing. You only come here to flame us centrists with your prepackaged, prefabricated pontifications provided you by the provocateur-in-chief. The solution is for people like you to stop demanding money from people like me who actually work for a living.  I know it is a quaint notion, but actual work used to be a requisite for acquiring money.</p>
<p>But you guys have a much better idea, and that is to allow the shiftless to sit around on dead backsides and <em><strong>whine</strong></em> until someone hands it to them, a sum from which you will probably get a cut, since you&#8217;re apparently so interested that they get it.</p>
<p>Nice try, troll, but you&#8217;re a known commodity here..</p>
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		<title>By: whoframedrudy</title>
		<link>http://www.noquarterusa.net/blog/14454/the-pygmalion-effect/#comment-1143434</link>
		<dc:creator>whoframedrudy</dc:creator>
		<pubDate>Tue, 17 Feb 2009 00:50:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=14454#comment-1143434</guid>
		<description>This article is correct.  I am cutting back spending because of Obama&#039;s fear mongering and his &#039;historic&#039; expansion of the deficit.  I don&#039;t trust Pelosi/Reid and I don&#039;t trust their puppet President.  I have to save now to protect myself in case they really do trigger a catastrophe.

We were discussing this at a dinner party, and a friend noted, well, it hurts the economy if people save.  Too bad.  How can anyone expect me to risk bankruptcy in a year or two on the word of Nancy &#039;The Dingbat&#039; Pelosi?</description>
		<content:encoded><![CDATA[<p>This article is correct.  I am cutting back spending because of Obama&#8217;s fear mongering and his &#8216;historic&#8217; expansion of the deficit.  I don&#8217;t trust Pelosi/Reid and I don&#8217;t trust their puppet President.  I have to save now to protect myself in case they really do trigger a catastrophe.</p>
<p>We were discussing this at a dinner party, and a friend noted, well, it hurts the economy if people save.  Too bad.  How can anyone expect me to risk bankruptcy in a year or two on the word of Nancy &#8216;The Dingbat&#8217; Pelosi?</p>
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		<title>By: AlexisM</title>
		<link>http://www.noquarterusa.net/blog/14454/the-pygmalion-effect/#comment-1143432</link>
		<dc:creator>AlexisM</dc:creator>
		<pubDate>Tue, 17 Feb 2009 00:48:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=14454#comment-1143432</guid>
		<description>Troll, what in God&#039;s name is your point?  We&#039;re going to have to report you to Bot Central if you can&#039;t regurgitate the correct &quot;talking points&quot; from the Bot Playbook.</description>
		<content:encoded><![CDATA[<p>Troll, what in God&#8217;s name is your point?  We&#8217;re going to have to report you to Bot Central if you can&#8217;t regurgitate the correct &#8220;talking points&#8221; from the Bot Playbook.</p>
]]></content:encoded>
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		<title>By: Ignignokt</title>
		<link>http://www.noquarterusa.net/blog/14454/the-pygmalion-effect/#comment-1143427</link>
		<dc:creator>Ignignokt</dc:creator>
		<pubDate>Tue, 17 Feb 2009 00:39:03 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=14454#comment-1143427</guid>
		<description>Congratulations.  I believe I feel the immense weight of concerns about the nation&#039;s economic problems lifting already.  Had I only realized sooner that negativity could so easily be transmuted into &lt;em&gt;actual solutions!&lt;/em&gt;

Which I have yet to hear, come to think...</description>
		<content:encoded><![CDATA[<p>Congratulations.  I believe I feel the immense weight of concerns about the nation&#8217;s economic problems lifting already.  Had I only realized sooner that negativity could so easily be transmuted into <em>actual solutions!</em></p>
<p>Which I have yet to hear, come to think&#8230;</p>
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		<title>By: bert</title>
		<link>http://www.noquarterusa.net/blog/14454/the-pygmalion-effect/#comment-1143422</link>
		<dc:creator>bert</dc:creator>
		<pubDate>Tue, 17 Feb 2009 00:28:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=14454#comment-1143422</guid>
		<description>Great comment, Docelder. Yes, McCain wasn&#039;t saying the economy did not have problems that needed solving. He was saying that capitalism is a good system and needed some adjustments. It is too bad that he is not a more dynamic speaker that could have taken that statement and inspired Americans with it.</description>
		<content:encoded><![CDATA[<p>Great comment, Docelder. Yes, McCain wasn&#8217;t saying the economy did not have problems that needed solving. He was saying that capitalism is a good system and needed some adjustments. It is too bad that he is not a more dynamic speaker that could have taken that statement and inspired Americans with it.</p>
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		<title>By: Ferd Berfle</title>
		<link>http://www.noquarterusa.net/blog/14454/the-pygmalion-effect/#comment-1143421</link>
		<dc:creator>Ferd Berfle</dc:creator>
		<pubDate>Tue, 17 Feb 2009 00:26:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=14454#comment-1143421</guid>
		<description>And I win, by the way, ignorinski.</description>
		<content:encoded><![CDATA[<p>And I win, by the way, ignorinski.</p>
]]></content:encoded>
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	<item>
		<title>By: Ferd Berfle</title>
		<link>http://www.noquarterusa.net/blog/14454/the-pygmalion-effect/#comment-1143419</link>
		<dc:creator>Ferd Berfle</dc:creator>
		<pubDate>Tue, 17 Feb 2009 00:24:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=14454#comment-1143419</guid>
		<description>&lt;blockquote&gt;Who’s most responsible for erroding confidence in the economy? &lt;/blockquote&gt;

Mainly the MSM. But that never occurred to you huh? That One is a close second. His alter ego, Mr. Teleprompter must be out of order.</description>
		<content:encoded><![CDATA[<blockquote><p>Who’s most responsible for erroding confidence in the economy? </p></blockquote>
<p>Mainly the MSM. But that never occurred to you huh? That One is a close second. His alter ego, Mr. Teleprompter must be out of order.</p>
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		<title>By: AlexisM</title>
		<link>http://www.noquarterusa.net/blog/14454/the-pygmalion-effect/#comment-1143416</link>
		<dc:creator>AlexisM</dc:creator>
		<pubDate>Tue, 17 Feb 2009 00:22:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=14454#comment-1143416</guid>
		<description>Ignorant...Well if one of your two facts is that Obama is Jesus Christ the Messiah...I call bullsh*t.

Daily Kook has an afternoon strip poker game.  Don&#039;t you want to go play with your batcrap crazy pals?</description>
		<content:encoded><![CDATA[<p>Ignorant&#8230;Well if one of your two facts is that Obama is Jesus Christ the Messiah&#8230;I call bullsh*t.</p>
<p>Daily Kook has an afternoon strip poker game.  Don&#8217;t you want to go play with your batcrap crazy pals?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Ferd Berfle</title>
		<link>http://www.noquarterusa.net/blog/14454/the-pygmalion-effect/#comment-1143411</link>
		<dc:creator>Ferd Berfle</dc:creator>
		<pubDate>Tue, 17 Feb 2009 00:14:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=14454#comment-1143411</guid>
		<description>Fact 1: You&#039;re a bot
Fact 2: Everyone here knows it
Fact 3: Your $0.05 per post multiplied by the number of posts you&#039;ve made is enough for you to get that bottle of Thunderbird.
Fact 4: You can brown-bag it over at HuffnPuffPo

Buh-bye</description>
		<content:encoded><![CDATA[<p>Fact 1: You&#8217;re a bot<br />
Fact 2: Everyone here knows it<br />
Fact 3: Your $0.05 per post multiplied by the number of posts you&#8217;ve made is enough for you to get that bottle of Thunderbird.<br />
Fact 4: You can brown-bag it over at HuffnPuffPo</p>
<p>Buh-bye</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: nohalf</title>
		<link>http://www.noquarterusa.net/blog/14454/the-pygmalion-effect/#comment-1143409</link>
		<dc:creator>nohalf</dc:creator>
		<pubDate>Tue, 17 Feb 2009 00:13:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=14454#comment-1143409</guid>
		<description>$789 trillion divided by 300 million is $2630 per person. A lot better than the $15,000 per person signed away by the GOP.

Oversight

very public once the bill is signed

recovery.gov

so simple a Republican could remember the address.</description>
		<content:encoded><![CDATA[<p>$789 trillion divided by 300 million is $2630 per person. A lot better than the $15,000 per person signed away by the GOP.</p>
<p>Oversight</p>
<p>very public once the bill is signed</p>
<p>recovery.gov</p>
<p>so simple a Republican could remember the address.</p>
]]></content:encoded>
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		<title>By: JulieDarlingNotJulieOBOT</title>
		<link>http://www.noquarterusa.net/blog/14454/the-pygmalion-effect/#comment-1143407</link>
		<dc:creator>JulieDarlingNotJulieOBOT</dc:creator>
		<pubDate>Tue, 17 Feb 2009 00:11:49 +0000</pubDate>
		<guid isPermaLink="false">http://www.noquarterusa.net/blog/?p=14454#comment-1143407</guid>
		<description>Excellent Post Bert!!

I&#039;m an advocate and a firm believer in the &quot;High Expectations&quot; Theory.

And scaring people isn&#039;t leadership.</description>
		<content:encoded><![CDATA[<p>Excellent Post Bert!!</p>
<p>I&#8217;m an advocate and a firm believer in the &#8220;High Expectations&#8221; Theory.</p>
<p>And scaring people isn&#8217;t leadership.</p>
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