Man, just when I was going to name Musil my favorite Right Wing (Self)-Parody site, Andy Sullivan comes in with this winning post:
BUSH AND THE MARKETS: I've been asked why I haven't blogged much on the current attempt to inflict political damage on president Bush because of the accounting and business scandals of the last few months. I haven't written anything because I don't
think I have anything interesting to say. (Yeah, I know that's no excuse for a hack. But hey, I wrote a column about it.) The truth is: I'm really not qualified to make a judgment about what technically-speaking would be the best solution for punishing the guilty and preventing further abuse. The president's balance seemed fair to my instinctively anti-regulatory impulses. But I'm open to other arguments. But I do think there's something strained about the attempt to hold Bush personally accountable. The Harken stuff seems trivial to me. Almost all the worst corruption happened on (surprise!) Bill Clinton's watch. Much of it can be attributed to the ethical temptations of a bubble economy and the root causes aren't as salient today. I'm repulsed by the greed and dishonesty of some of the characters, but I don't actually enjoy the thrill of class-warfare. That's one thing that separates me from, say, Paul Krugman and Howell Raines. So let hem have their story. I'll take a pass on their agenda.
