Information, Knowledge and Wisdom

Background: The following issues arise during communication of information, acquisition of knowledge and wisdom. Who knew what, when did they know it, and how did they acquire it?

When preparing plans and programs, attending school or performing research, discussions occur between members of groups. As activities progress, changes occur as a result of lessons learned or changing objectives. Public news or information on the issue may not reflect current status or final outcomes. Discussions based on incomplete or untimely results will most likely be inaccurate.

A common occurrence is when students receive information from teachers without familiarity through experience or association with the subject; and are lacking in wisdom. Information combined with knowledge through experience leads to Wisdom. Without completing the cycle, conflict can occur between participants and the public.

The following are modified from the Merriam-Webster online dictionary. Definitions may appear to overlap.

Definition of Information: Communication is the operative word. Visual, oral, written or any combination thereof.

The communication or reception of knowledge or intelligence.

(1) Knowledge obtained from investigation, study, or instruction

(2) intelligence, news

(3) facts, data

  • The attribute inherent in and communicated by one of two or more alternative sequences or arrangements of something (such as nucleotides in DNA or binary digits in a computer program) that produce specific effects.
  • A signal or character (as in a communication system or computer) representing data.
  • Something (such as a message, experimental data, or a picture) which justifies change in a construct (such as a plan or theory) that represents physical or mental experience or another construct.
  • A quantitative measure of the content of information specifically a numerical quantity that measures the uncertainty in the outcome of an experiment to be performed.

Definition of Knowledge: Experience is the operative word. Art, agriculture, business, education, engineering, government, manufacturing, medicine, research, science and more. Design and testing to prove concepts.

The fact or condition of knowing something with familiarity gained through experience or association.

  • Acquaintance with or understanding of a science, art, or technique.
  • The fact or condition of being aware of something.
  • The range of one’s information or understanding answered to the best of one’s knowledge.
  • The circumstance or condition of apprehending truth or fact through reasoning.
  • The fact or condition of having information or of being a learned person of unusual knowledge.

Definition of Wisdom: Discern is the operative word. Formulate and apply successful concepts based on acquired information and knowledge. 

Ability to discern inner qualities and relationshipsInsight

Good sense: Judgment

Accumulated philosophical or scientific learningKnowledge

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Examples of significant information, knowledge and wisdom disconnects in government.

Note: Selecting a link opens a separate page. Close the page to return to this posting.

$24 Trillion GDP Loss: Result of mismanaged international trade.

Economics for Politicians: Unbalanced global trade can have a negative impact on infrastructure, employment and crime.

Ignorance, Stupidity and Idiocy: Does the level of education guarantee good government?

Gridlock in Government: What has changed since the future forecast for 2014?

State of the Union: Based on real data. Headed down the road to where? You be the judge.

Now you are up to date . . . for the next six years.

China’s Future MEGA PROJECTS


China has become a major economy and is building a supersized footprint in Asia consisting of territorial expansion and military growth.

Assisting in this movement, has been investment in, and political alignment from government leaders in the U.S. and Europe. Although benefiting the politically powerful, citizens of the U.S. and Europe are being harmed economically.

It is frequently said that lower costs of China's products exported to foreign countries benefits their economy. This claim is a false one, in that it results in unemployment, strife and crime in the communities unemployed.

The result is government spending on unemployment, health care, food stamps and other subsidies. Accompanying this, is the increased cost in domestic security, and casualties resulting from increased crime.

To accurately assess the effect of imported goods, increased costs of government subsidies, and the loss of skills of citizens must be added to the import costs of products and services.

In the U.S. this results in a loss of over 22 Trillion dollars of lost GDP and 11 Trillion dollars in taxes and fees not collected since 1992. Unbalanced trade has devastated the U.S. and severely degraded national security.

Bottom line: Politicians have moved the country past the point of no return in displacing a Democracy (republic) with Socialism. And are on the way to creating an Oligarchy form of government where only a few individuals control "absolutely." The people are no longer free, but becoming servants to the oligarchy with a puppet representing president.

The U.S. Government Oligarchy is using the citizens to pay for the expansion of China while individually profiting from it.

President Obama’s Balance Sheet: Finance

Prelude:

Like it or not, this is how it goes. The financial markets, through a process of incredible manipulation, intended or not, preplanned or not, destroyed one group of citizens in exchange for another getting rich. As time passes, those destroyed will be forgotten, a lot like the Veterans are forgotten. Oh, yes, much noise has been made but nothing real has happened . . . this is the way of Washington.

We will begin to hear stories about increased wealth and an improving economy. But remember this . . . it’s a little like the reverse of the Robin Hood (Robyn Hode) fable . . . robbing from the poor and giving to the rich. There will be stories of the new wealthy millionaires and billionaires . . . those who could not have made it without an inside track of some kind . . . the masterful craft of the financial markets. It is a true story.

You may be expecting a detailed list of issues with a score assigned . . . not so. Rather, this is a broad review in a few words, which asks the question . . . what happened in the financial markets over the past six years?

The Story:

Prior to the election of President Obama, there was the trip down “Wall Street Lane” where the financial radicals explained to the President how they created the mess and what he needed to do to save their wealth for them. Of course saving the radicals wealth was paramount, because if the major money manipulators lost their basket of candy, the people would surely suffer more.

Welcome in TARP and changing the category of a few Money Market Manipulators to Banks with a single sheet of paper . . . time was of the essence less they lose their penthouses. And, so it was done, that major . . . lower than the curb on the street, those who should have been living out of a shopping cart . . . managed again to claim the shopping cart of the homeless . . . and make many more homeless.

With TARP came the free flow of money to those we now know as useless . . . they could buy up more of their own stock with the cheap money and yes, the value of the stock had fallen dramatically giving rise to their increased ownership. To get out of the dilemma of the huge burdens of debt, the useless now diluted their stock (selling more shares) and paid off the debt burden with money from investors on the street and pension funds.

In the final analysis the people on the street became the TARP program, and now have a larger burden of national debt to carry. Add to that the cost of lost wealth from real estate, pension funds and bank interest to name a few. The financial radicals are to the citizens as a foreign enemy. The damage they have created has destroyed the lives of our current generation and a few to come. “Isn’t every day an insider trading day on Wall Street?”

President Obama’s SEC Chairman Mary L. Schapiro entered the position with high hopes of making many positive changes and left lamenting it was not possible.

You may ask what has been done to correct the situation . . . maybe some window dressing. There is always more to the story, however it will never be told as with the other issues of the times. The pile under the rug just grows higher. Where is the press you ask? . . . it doesn’t matter . . . even if they reported the issues as they really are, nothing would happen. They have lost all credibility.

New Rules: Five Million New Jobs

This should not be difficult to imagine. Why it has not been accomplished before this is hard to understand. The U.S. import deficit is largely due to Chinese products. Now many will say that is because they are less expensive. Not necessarily true.

The unemployed and underemployed are being dealt a bad hand by the undereducated and inexperienced. What is really happening is no job means unemployment insurance, food stamps, and medical care furnished by the government and for that what do they get? No job, no skills and a feeling of worthlessness.

The U.S. gladly gives the Chinese nearly $400 Billion dollars a year in trade deficit and borrows it back as well as paying the social costs. Further and further in debt and more citizens lost from even unemployment insurance.

How about the U.S. do something smart. Take a $100 Billion and build industrial centers that give people jobs making things imported from China. No need for unemployment, food stamps or government paid for health care. The government essentially mismanaged international trade. Now do something smart to fix it.