Ed Morrissey is
Glad to see that the wizards of finance have finally begun to realize who they backed, but it’s hardly impressive. They clearly deserve an award that speaks to their cluelessness, if not their disingenuity, at their shock, shock at class-warfare cheerleading in the Democratic Party:
Enjoy the video after you read the whole thing.
I’m not as surprised as Mr. Morrissey about how the alliance between Wall Street and the Democrats came to be. Who wound up on Wall Street over the last couple of decades? Yuppie liberal arts majors, smart guys whose good SAT scores got them into elite schools where they didn’t learn about dealing with the real world on the real world’s terms. They made deals instead of making real stuff. They imagined that since they could create “wealth” on paper, it was possible to reconfigure the world as they wished, so they supported politicians who wanted to change the world by fiat.
Meanwhile, some other people studied disciplines such as engineering and the hard sciences. They created the personal computer, the Internet, new drugs, and all the other stuff that enriches the material side of modern life. One of the principles they learned early on was the Second Law of Thermodynamics–There ain’t no such thing as a free lunch.
The Wall Street yuppies are now beginning to learn that lesson. They will pay full price for it, plus many years’ interest.