“Never attribute to malevolence what is merely due to incompetence”
Arthur C. Clarke
“In a hierarchy, every employee tends to rise to his level of incompetence.”
Laurence J. Peter, The Peter Principle
“Those who wish to deal with me, must do so on my terms or not at all. I do not make terms with incompetence.”
Ayn Rand, Atlas Shrugged
“I hate incompetence. I think it’s probably the only thing I do hate. But it didn’t make me want to rule people. Nor to teach them anything. It made me want to do my own work in my own way and let myself be torn to pieces if necessary.”
Ayn Rand, The Fountainhead
Some interesting links if you have time;
Oz balanced precariously
http://www.acting-man.com/?p=43441
Piss off the feds, life screwed. Scarier than living under a junta.
http://www.vice.com/read/how-the-feds-blocked-me-from-covering-a-pill-mill-trial
Thai exports collapsing
http://www.reuters.com/article/thailand-economy-trade-idUSL3N16228N
BTW, spoke today with a friend involved at the fringe of the G20 meeting in Shanghai. No hint of any dramatic moves (per Bill at jsmineset). It seems the message will be focused on growth and reform.
One rumour concerns the 6% drop of Shanghai stocks Thursday, Asian participants suggesting it was orchestrated to send a message to Beijing. Perhaps the economic hitman is alive and well.
“Up ahead they’s a thousan’ lives we might live, but when it comes it’ll on’y be one.”
― John Steinbeck, The Grapes of Wrath
“At the advent of danger there are always two voices that speak with equal force in the human heart: one very reasonably invites a man to consider the nature of the peril and the means of escaping it; the other, with a still greater show of reason, argues that it is too depressing and painful to think of the danger since it is not in man’s power to foresee everything and avert the general march of events, and it is better therefore to shut one’s eyes to the disagreeable until it actually comes, and to think instead of what is pleasant. When a man is alone he generally listens to the first voice; in the company of his fellow-men, to the second.”
― Leo Tolstoy, War and Peace
“In a hierarchy, every employee tends to rise to his level of incompetence.”
Actually, they get promoted to one step beyond that in and bureaucratic organization, their competent peers push them out just to get rid of them and the only way to do that is to push them up.