American Highlander

The many musings of an American Celt

Must Read: Mark Steyn’s “Outrage Kabuki” at NRO

Posted by Reid on March 23, 2009

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The Outrage Kabuki

As usual he is amazing… head over to NRO and read the article, I would be happy to talk about it here though. Here is just a highlight that I quite enjoyed.

The investor class invests in jurisdictions where the rules are clear and stable. Right now, Washington is telling the planet: In our America, there are no rules. Got a legally binding contract? We’ll tear it up. Refuse to surrender the dough? We’ll pass a law targeted at you, yes, you, Mr. Beau Nuss of 27 Plutocrat Gardens, Fatcatville. If you want a banana republic on steroids, this is great news. So cheer on thuggish grandstanding by incompetent legislators-for-life like Barney Frank if you wish. But, in any battle between the political class and the business class, you’re only fooling yourself if you think it’s in your interest for the latter to lose.

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One Response to “Must Read: Mark Steyn’s “Outrage Kabuki” at NRO”

  1. Peggy said

    This is something liberals and the “outraged” people don’t seem to understand. The bonuses were protected by Congress, by the same “liberals” expressing outrage about them, by the self-absorbed president who not only knew about them but supported them. His fake outrage only fools those who refuse to see reality and realize that if the government can invalidate a contract, the entire country loses. They can’t see past their greed to understant what that will do to undermine the entire country.

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