#195 - The Era of Transparency and Accountability
“When you see that in order to produce, you need to obtain permission from men who produce nothing - when you see that money is flowing to those who deal, not in goods, but in favors - when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you - when you see corruption being rewarded and honesty becoming a self-sacrifice - you may know that your society is doomed.” - Ayn Rand“History is seasonal, and winter is coming.” ― William Strauss, The Fourth Turning: What the Cycles of History Tell Us About America's Next Rendezvous with Destiny“To fix crime we have to fix the family, but before we do that we have to fix welfare, and that means fixing our budget, and that means fixing our civic spirit, but we can't do that without fixing moral standards, and that means fixing schools and churches, and that means fixing the inner cities, and that's impossible unless we fix crime.” ― William Strauss, The Fourth Turning: What the Cycles of History Tell Us About America's Next Rendezvous with Destiny“A Fourth Turning lends people of all ages what is literally a once-in-a-lifetime opportunity to heal (or destroy) the very heart of the republic.”― William Strauss, The Fourth Turning: What the Cycles of History Tell Us About America's Next Rendezvous with Destiny
Capturing the zeitgeist is a difficult task, but the pulse of the moment is unmistakable. I see a country defined by a profound sense of anger on all sides—a sense that the social contract hasn’t just been stretched, but shredded. I see the betrayal: honest, law-abiding citizens who pay their fair share only to watch fraud continue while they shoulder the bill. I see the disinherited: a generation locked out of the American dream, working harder than ever yet unable to afford a home in a market that has outpaced their reach. I see weakness masquerading as leadership on both sides of the aisle—politicians who talk of justice while waste, fraud, and abuse go unabated. I see a generation buried by the cost of "progress," drowning in healthcare and student loan debt. I see a prevailing sense that the big levers of the world—globalization, macroeconomics, and technology—are being controlled by invisible and untouchable powers to the detriment of the common American.
In all of this, I see a loss of agency by the common man. Is there any wonder that the result has been pure, unfettered anger? We treat these outcomes as economic or political failures, but they are not. They are moral failures. All of these outcomes are symptoms of a deeper issue: our society has lost the ability to tell the truth, and when the truth is hidden, something less than the truth takes its place. Instead, we’ve become accustomed to avoiding hard confrontations when lies are fed to the public for "the greater good." We are fed a diet of permanent crises—from the War on Terror to Covid lockdowns, from the War on Poverty to promises of ‘free’ healthcare, education, you name it. Always a crisis, but never a solution. These are marketed by those promising outcomes that never arrive while we are buried in debt we can never repay.
As a society, we’ve lost the ability to collectively stand up for what is true. C.S. Lewis warned us about what happens when societies forget how to tell the truth in The Abolition of Man:
“We make men without chests and expect from them virtue and enterprise. We laugh at honor and are shocked to find traitors in our midst.”
By mocking honor and objective truth, we have hollowed out moral center of society—the seat of spirit and conscience—leaving us with leaders who lack the courage to do right and a citizenry too exhausted to demand it. We have created a moral vacuum, and we are shocked to find it filled with hatred. But it does not have to be so. How do we restore the moral center and heal our nation? How do we love our neighbor and tell the truth when they neither believe us nor like us? Look to the example of Christ, who loved His neighbor while speaking the truth. We must speak the truth as a physician diagnoses a wound: not to inflict harm, but to heal. Telling the truth is not an act of aggression; it is an act of rescue. If a man is walking toward a cliff, "loving" him doesn't mean remaining silent to avoid a confrontation; it means shouting a warning, even if he hates you for the noise. If our country is heading for a cliff, silence is not politeness—it is complicity.
In an era of shadows, WE THE PEOPLE must become the light. WE THE PEOPLE must stand for the timeless truths that built Western Society—not because they are old, but because they are true. WE THE PEOPLE must demand accountability from the halls of power, but we must first restore it in our own homes and hearts. Most importantly, WE THE PEOPLE must speak the truth—not merely to win an argument, but to show genuine love for our neighbor, our community, and our country. Our agency is not a gift from government; it is a God given right recognized by our forefathers in the Declaration of Independence: Life, liberty, and the pursuit of happiness. It is time WE THE PEOPLE exercise our agency and choose to be the architects of a future built on HONOR, INTEGRITY, and TRUTH for the sake of the generations to come.
Investor’s Corner
30 years - Reflection on 10 attributes of great investors - Link
The prison of financial mediocrity - Link
Permanent Equity 2025 letter - Link
A look at what post-dollar economics looks like with Luke Gorman and Balaji Srinivasan - Link
Technology Corner
Agentic Design Patterns: a hands-on guide to building intelligent systems - Link
Questions on stack overflow have collapsed since the dawn of LLM’s - Link
The house you thought was empty - LLM’s are beginning to ‘think’ - Link
Shipping code at inference speed - Link
Politics, Philosophy, Theology Corner
Communism’s cost, visualized - link
Yes, the earliest Christians did call upon the Mother of God - Link
Interim report on January 6th - Link
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