Fannie Mae Preferred S (FNMAS)

[skibrian]

Sen. Geo. Mitchell on last night's "Charlie Rose" [Dem. Senate Majority leader, envoy to the N. Ireland peace process, Obama envoy to Israel Middle East talks]

convenient to this thread...he is speaking about how presidents do not seek enough information about arguments that differ from his closest advisors, that they live in a bubble. as far as F&F thinking goes, all beware his (paraphrased) quote:

"Our brains are hardwired to receive and remember information consistent with our prior views. We are inclined to not hear or take in information that conflicts with that view. We interpret information based on prejudices and biases of prior beliefs."