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FREAKONOMICS Chapter 2 The Ku Klux Klan and Real-Estate Agent.

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Presentation on theme: "FREAKONOMICS Chapter 2 The Ku Klux Klan and Real-Estate Agent."— Presentation transcript:

1 FREAKONOMICS Chapter 2 The Ku Klux Klan and Real-Estate Agent

2 Ku Klux Klan A white supremacist group Used secrecy to help them maintain power Used power of fear to get their way Code names – Mr. Ayak and Mr. Akai Claimed to be a nonprofit organization, but made a lot of money from fees Klans bible – Kloran Had own secret rules

3 Real Estate Agents Didnt care about how much the sellers got, only cared about how much money they got Had secret code words and rules They lie

4 Other Dating websites people lied to make him/herself sound better The Weakest Link – they vote people off, even if they are smart, for their own self interest and wanted to win the jackpot

5 Ku Klux Klan vs. Real Estate Agents Both have secret codes to make them seem more powerful Both lie to get what they want Only worry about making money

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7 Interesting Facts Stetson Kennedy went undercover and pretended to be part of the Ku Klux Klan, so he could find out how they ran their organizations and other facts about the Klan Kennedy called the writers of the Superman and told them the secrets of the Klan and how the Klan worked. Real estate agents have secret code words to describe the price

8 Facts Continued Real Estate agent cheated one house seller out of $20,000, while the agent only lost $300


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