A very good read.
“Behind the success of plausible denial [in accounting] is an already longstanding North American disconnection from reality: the substitution of image for substance. The idea is that a presentable image makes substance immaterial. All that glitter is gold. This probably began with the glorification of literary and social celebrities during the latter nineteenth century, although it was remarked even earlier as an American tendency. False image making has become a very big business throughout North America and is a staple of the U.S. government. Legions of hired liars labor to disconnect reality from all manner of images – images of personalities, of legislation, of corporations, of places, and of activities. Spin doctors, virtuosos of deceptive image making and damage control, have become authoritative spokespersons in political campaigns and troubled institutions, able not only to disconnect reality but to construct new reality. If that sounds confusing about the reality of reality, it is; that is the purpose of spin-doctoring”. ~ Jane Jacobs, Dark Age Ahead
http://www.financialsense.com/editorials/barron/2005/0821.html
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