by Structured Settlement Watchdog
Pedantic Pat is on another bender. This time he's throwing up as much as he can against the wall on "structured settlement metrics" , a topic that is, coincidentally, on the agenda at this week's NSSTA Fall Educational Meeting in Austin Texas which I will be attending.
Diana Ross once sang about "metrics"**, perhaps we draw strength from there!
"Do you know where you're going to?
Do you like the things that life is showing you?
Where are you going to? do you know?
Do you get what you're hoping for?
When you look behind you there's no open door
What are you hoping for?
Do you know?"
Hindert's latest post, "Structured Settlement Metrics-5" is a three-posts-too-many recycle of old information, sometimes statistically irrelevant information. After devoting endless bandwidth to then NYU Law student Jeremy Babener's assiduous research about dissipation by tort victims in 2009, ostensibly to underwrite his agenda on "pernicious myths", Hindert revives a statistically irrelevant J.G Wentworth survey of 115 of its own customers. In 2008, Pedantic Pat devoted no fewer than 5 posts of analysis of the statistically irrelevant J.G. Wentworth survey. A bit hypocritical to advocate for assiduous research on the one hand with Babs and then flip flopping to statistically irrelevant material to advocate for a metric standard for the structured settlement industry, isn't it?
When it comes to "metrics" one has be patient. After all the "metric system" was first adopted by France in 1799 and 212 years later, the United States is the only industrialized country in the world that still uses is own system of measurement. The structured settlement industry for all intents and purposes has only been in existence since around the time Diana Ross first sang the "Theme From Mahogany" in 1976.