Crime Against Humanity: the Holy GAAP, 35

In his study, Lewis observes, “From this comparison it is apparent that much the same functions are being performed in off−balance sheet banking as in traditional banking, and moreover for reasons which are essentially the same as those explaining traditional intermediation by banks.” That is the substance, and that is what we wanted to know. Another piece of the jigsaw, close by the way to other pieces telling us what he (naively?) calls “intermediation” by banks actually is.

Speaking in general of semantic minefields, interpretations, misunderstood words and the personal integrity of people and of public officials such as politicians and judges, anything is but majority agreement, semantics and grammar included. And if majority agrees that two plus two equals five, well, hardly any resulting natural disaster will do either.
Majority, actually is weighted majority, whereby weighted means that each individual has a specific degree of influence over the others, and that’s the “weight” of his or her “vote” in the “majority” agreement. Any kind of power, whether from sheer force, purchasing power or whatever authority, falls within that “weight”.
Thus, anything is but weighted majority agreement. And semantics and grammar, definitions of words and misunderstood words fall within that “anything”, as a product of that weighted majority.
We based our analysis on definitions, and such weighted majority dictates over words’ definitions and misunderstoods. Hence, those whose “weight” is majority, whether the few but powerful or the powerful because they’re many, not only control interpretations, language definitions and ruling misunderstood, but they do control as well whether the substance or the quibbles take precedence.