Warren Buffet recently reiterated a simple truism re: Gold "bandwagon investors make their own Truth... for awhile". I have always extrapolated on such truisms to explore how far you can take them in understanding a deeper truth. Ie: "Beauty is in the eye of the beholder" could be broadly rephrased to suggest that "Beauty is in the I of the beholder... along with everything else." One's perceptions even as they are enhanced by technology are still limited by the narrow bandwidth of our human faculties and while we seek to arrive at fundamental conclusions we can rely on, they are forever to be limited by our simply not knowing all the variables and the changing condition of those variables.
Today's access to information over the internet is pretty much an unfiltered array of soapboxes, like this one, with every possible notion and nuance that such a broad spectrum of humanity can conjure up and yet, it is still limited by the level of skill one has in cross-referencing, verifying sources and the real work of researching a topic.
Getting back to "the beholder" I mean to say information from sources other than the internet, primarily ones own experience and observations. As I said, I rely on truisms more than long dissertations because I want to analyse for myself my more immediate experiential perceptions to understand what is actually observable and verifiable within my capacity to do so.
So if "bandwagon investors make their own truth", then I would naturally extrapolate from that that "bandwagon believers make their own truth" as well and if we bring that chicken home to roost we can see what we are up against in our local politics, particularly environmental changes and the general belief that close to $7,000,000 worth of Islands Trust bureaucracy is somehow protecting our environment without even the purchase of one acre of land to preserve. That increasing the budget on one hand and yet spending a further $400,000 in a navel gazing exercise to 'explore a trite policy statement' is somehow a a justifiable or efficient use of our tax dollars.
It all adds up to an extremism that we need to excoriate by seeking to contain The Islands Trust to their simple land planning mandate. Writing long reasoned letters to Trust Council is useless when they openly admit that they are simply playing a numbers game of counting the yeas and the neys as to whether the public is accepting or rejecting their proposed budget increases.
Needless to say, they should take that proposed $400,000 'policy statement discussion' and subtract it from their tax requisition and somehow continue to explore ways to trim their insatiable squandering of our tax dollars on this endless ideological fixation on environment and how it changes like every other aspect of the Universe we know and love.
