Form: Definition

DEFINITIONS: “BAITING INTO HAZARD” (Seduction)

Defining a Hazard – “In old English law an unlawful game at dice, those who play at it being called ‘hazardors’. In modern law, any game of chance or wagering.”

Creating a Hazard – A failure of due diligence in defending others against a hazard you are either aware of or have created. i.e. a failure to cover a well-hole that a child can fall into. Old but common one: refrigerators with locking doors left at junkyards with the door on, so that children can get inside, suffocate, or starve, and die.

Moral Hazard – When a party with more information about its actions or intentions has a tendency or incentive to behave against the interests of the other party with less information. Usury, Prostitution, and Drugs are the most common moral hazards. The most common topic on law involves insurance schemes, where one is incentivized to commit arson or murder simply because one has insurance on the building or person.

Defining A Moral Hazard

The lack of incentive to guard against risk where one is protected from its consequences, lack of incentive to guard against risk where one is protected from its consequences

In Insurance. The risk, danger, or probability that the event insured against may happen, varying with the circumstances of the particular case.

In Fire Insurance. The risk or danger of the destruction of the insured property by fire, as measured by the character and interest of the insured owner, his habits as a prudent and careful man or the reverse, his known integrity or his bad reputation, and the amount of loss he would suffer by the destruction of the property or the gain he would make by suffering it to burn and collecting the insurance.

In Economics. Moral hazard occurs when an entity has an incentive to increase its exposure to risk because it does not bear the full costs of that risk.

In Tort Law – “A tiger trap presents a hazard not only to the tiger, but to man.”

In Politics … the entire leftist corpus of freedom from responsibility for scarcity, behavior, and evolutionary consequences.

Examples of Moral Hazard
1) If I entice you into buying drugs, I’m baiting you into a hazard, since addiction is a spiral. (Pushers)
2) If I lend you money or extend you credit to buy alcohol or drugs, creating a vicious cycle of debt and addiction.
3) If I suggest you might win at gambling (you can’t), that’s baiting you into hazard. (Gambling houses)
4) If I lend you money or extend you credit to gamble. (Bookies)
5) If I lend you money at usurious prices that will entrap you in debt cycles. (Loan Sharking)
6) If I offer you a loan to get what you want under impulse or duress, but I can extract interest from you, and then seize your property in restitution.
7) If a woman implies access to friendship, affection, or sex, in exchange for goods services favors opportunity – which she will never deliver.
8) If I promise you life after death if you obey and undermine the upper classes. (Abrahamism)
9) If I promise you salvation in heaven if you rebel against the government that is trying to create order and prosperity over the next few decades, that is baiting you into a hazard.
10) If I promise you power and equality if you undermine the political system (Marx)
11) If I promise you equality if you undermine men (feminism)
12) If I promise you status if you undermine the status hierarchy (postmodernism)
13) If I appeal to your morality and pass the hart cellar immigration act. (frankfurt school)
14) If I promise you equality or socialism when it’s genetics that cause our differences, and you act to destroy your civilization, then that’s all baiting into hazard.
15) If I promise you the end of whiteness and whites will improve your condition when it is only under whiteness –  meaning sciences – and their rule that has improved your condition, and that your condition reflects that of your ancestors.

In other words, you are entering into a voluntary exchange that is not in your interests, simply because for whatever reason you are vulnerable to the trap. These are all lies that bait you into hazard (risk and loss).

Reply addressees: @PsychoPsmith