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What happens when developers conceive grand plans and run smack into the realities of the Great Recession? In the case of the 280-room Palmyra Resort, a luxury property in Montego Bay, Jamaica, once valued at $150 million, the property ends up on the auction block.

By now, our overwhelming tendency to look for what confirms our beliefs and ignore what contradicts our beliefs is well documented. Psychologists refer to this as confirmation bias, and its ubiquity is observed in both academia and in our everyday lives: Republicans watch Fox while Democrats watch MSNB; creationists see fossils as evidence of God, evolutionary biologists see fossils as evidence of evolution; doomsayers see signs of the end of the world, and the rest of us see just another day