Friday, March 20, 2009

There is a reason...

...why I link to one particular Washington Post columnist on this page. Mr. Pearlstein's most recent column does a good job of bringing people back to earth regarding the hysteria surrounding these AIG bonuses. And Steven Colbert, showing why his show wins Emmys for writing, viciously satirized this insane populism that is sweeping the nation. Jon Stewart, of course, had his own pithy segment, where he mocks himself, among others.

This populism gets old very fast, from where I'm standing. We already had the blatant pandering during the presidential campaign to anti-NAFTA groups and the inane idea of a gas-tax holiday. This populist streak is also threatening to make the crisis worse, if America starts looking out for itself to the detriment of the rest of the world. Some elements of this have already started, and one must just hope it ends here. After all, didn't we learn our lesson in the 30s?

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