It’s so fun to watch hardcore capitalists try to parse out the recent troubles. Some of [Jesse, in this case] Malkin’s commenters, at the risk of picking fruit hanging so low it’s practically tuber, are truly bewildered:
Here’s what I don’t understand:
To work in a high-level position of any of these financial companies, chances are you have to have an Ivy League or near-Ivy League degree.
To get into an Ivy League school, you need to be “smart.”
To get promoted to CEO of a major company, you need to be “good.”
How do people who get so far in life screw up so royally?
To quote myself from the Alas thread on this topic, Um, because your imaginary meritocracy is a tissue of lies and always has been?
The robber barons are back.
At first I thought this was a plant or even an admitted liberal, because “The robber barons are back” would be the tag line of the Bush Administration Economic Policy movie, but a look at the commenter’s blog reveals a good little anti-Sharia panic merchant that somehow missed the memo.
Of course Barney F****T is bass-ackward. Aren’t they all?
That one’s kind of pointless, I just wanted to remind you what ignorant bigoted fucks Malkinites remain.