OIC now! Fact vs. Opinion, Concept, Theory

We are posting Facts, Opinions, Concepts, Theories and stuff we just find interesting.

• Concepts are ideas
• Facts to us is verifiable truth - verifiable = making sure or demonstrating that (something) is true, accurate, or justified
  • In science it is when you can repeat the experiment and get the same results 
  • In reporting it is when you can find several sources that you can trust (and even then it might not be fact)
• Opinions are just what a person thinks about something and it doesn't mean it is true
• Theories are ideas that try to explain whatever they are about ... like the Theory of Relativity in Physics

Do not get confused between what is fact and opinion. 

Theories try to explain how things happen or work, and then are tested to see if they prove out to be fact.

Concepts are ideas on how to do something or how things work. There are proven concepts (Facts), and unproven concepts (Ideas)!

Global Climate Change - FACT

Global climate change is happening. Whether you believe it is caused by mankind or it is just a natural occurance, it is fact that it is happening. The old normals are gone. The question is what are we going to do about it?

Optimal Profit - Stabilizing Economy & Country - CONCEPT

Optimal Profit - Stabilizing Economy & Country - Companies that have as their goal to maximize profit or value for investors are creating a huge disparity in wealth between the top 1% and the rest of the population. Instead, companies should have as their goal optimal profit. This puts the goal of making profits or worth for the investors within parameters that help sustain a healthy country and economy. Those parameters would be to have employees and those who work for the companies be given wages that provide them with more than enough to sustain a typical family and have extra income for investing and other expenditures.