Monday, February 02, 2009
President Hamlet by Victor Davis Hanson on National Review Online: "Obama, unlike Bush, is an adherent of the therapeutic mindset. The recession was caused by “them”—Wall Street greed mostly—and never “us,” we who borrowed too much for houses we could not afford and things we did not need. The solution will be the European socialist model, in which a few thousand well-trained elites, educated at our best Ivy League law and business schools, will form partnerships with private enterprise. These Guardians will make major economic decisions and redistribute wealth through high taxes and massive entitlements—albeit with the understanding that the managerial class in both business and government will enjoy lifestyles similar to those they led in the past."