Read the story here. Advertise at Before It's News here.
Profile image
By FalkenBlog (Reporter)
Contributor profile | More stories
Story Views
Last hour:
Last 24 hours:

Priorities over Enumeration

% of readers think this story is Fact. Add your two cents.

Science is about probabilities, not possibilities.  Many smart people don’t appreciate this because logic  is often focused on what can be proved true or false, whether something is impossible, or possible.  There are very few ‘existence’ or impossibility theorems describing social phenomena that are interesting, mainly because it usually takes a pretty small adjustment in assumptions to negate the proof.  For example, I have not met anyone who thinks the first or second welfare theorem was compelling in developing their political beliefs.

In any case, I was struck by this notice of how America’s latest psycho killer was on an FBI watch list, along with 420,000 others:

The FBI’s apparently had Wade Michael Page on it’s radar six years ago, he wound up killing six and injuring several others when he opened fire at a Sikh temple in Wisconsin. 

Figures released last fall put the FBI’s watch list total at 420,000 — including 8,000 Americans. But former deputy assistant director Danny Coulson says you can’t watch everyone, even if they are an angry ex-military member with ties to white supremacist groups like Page reportedly was.

I imagine that list of 8000 Americans is pretty simple, they just looked at White Power groups and such. As most of these guys are just disgruntled, there’s not much to do. A similar thing happened with the Colorado Batman shooter, where a psychiatrist notified the school the kid was troubled, but nothing was done, as usual.

A major problem with risk management is large organizations are very good an enumerating improbable risks, not so good at priorities.  That’s because collectives often lose their common sense when they become a certain size, where those downstream often get little feedback, and so they simply create reports that highlight measurables–enumeration of risk–and their bosses accept this because they too are clueless and have little intuition.  Incompetent managers are a cancer, and they metastasize.  These are inevitable inefficiencies of scale, why the Too-Big-Too-Fail banks don’t outperform smaller ones even with their taxpayer funded bond guarantee.

Large organizations should not so much focus on preventing these risks, but rather containing them via a quick response. Knight’s initial mistake last week is understandable, stuff happens, but the delayed response–even the NYSE called after only 5 minutes to tell them they had a bug and it took them another 25 minutes to pull the plug–suggests a more profound problem.  

2012-08-08 19:47:31



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Humic & Fulvic Liquid Trace Mineral Complex

HerbAnomic’s Humic and Fulvic Liquid Trace Mineral Complex is a revolutionary New Humic and Fulvic Acid Complex designed to support your body at the cellular level. Our product has been thoroughly tested by an ISO/IEC Certified Lab for toxins and Heavy metals as well as for trace mineral content. We KNOW we have NO lead, arsenic, mercury, aluminum etc. in our Formula. This Humic & Fulvic Liquid Trace Mineral complex has high trace levels of naturally occurring Humic and Fulvic Acids as well as high trace levels of Zinc, Iron, Magnesium, Molybdenum, Potassium and more. There is a wide range of up to 70 trace minerals which occur naturally in our Complex at varying levels. We Choose to list the 8 substances which occur in higher trace levels on our supplement panel. We don’t claim a high number of minerals as other Humic and Fulvic Supplements do and leave you to guess which elements you’ll be getting. Order Your Humic Fulvic for Your Family by Clicking on this Link , or the Banner Below.

Our Formula is an exceptional value compared to other Humic Fulvic Minerals because...


It Always Tests at 9.5+ pH

Preservative and Chemical Free

Allergen Free

Comes From a Pure, Unpolluted, Organic Source

Is an Excellent Source for Trace Minerals

Is From Whole, Prehisoric Plant Based Origin Material With Ionic Minerals and Constituents

Highly Conductive/Full of Extra Electrons

Is a Full Spectrum Complex

Our Humic and Fulvic Liquid Trace Mineral Complex has Minerals, Amino Acids, Poly Electrolytes, Phytochemicals, Polyphenols, Bioflavonoids and Trace Vitamins included with the Humic and Fulvic Acid. Our Source material is high in these constituents, where other manufacturers use inferior materials.

Try Our Humic and Fulvic Liquid Trace Mineral Complex today. Order Yours Today by Following This Link.

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.