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    • The Sanders-AOC Bill to Cap Interest Rates At 15% Is Too High
      All right, let’s get this out of the way: It’s better than the status quo. But most credit card interest rates are about 20 percent or so, so this is about a 5 percent decrease. Twenty percent is already insane. Given that banks have access to money, right now, at a little over 2.5 percent […]
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Charles Pierces Brooks

Oh, golly, it was soooo worth the wait:

Both Klein and Brooks have taken to the public prints to reassure Willard Romney — and, by proxy, all of the country’s Willard Romneys — that he is being treated so terribly unfairly, darling, by that man in the White House who plainly does not know his place. First, we have Brooks, who never saw a plutocrat for whom he wouldn’t happily serve as a footstool….

“Romney is going to have to define a vision of modern capitalism. He’s going to have to separate his vision from the scandals and excesses we’ve seen over the last few years. He needs to define the kind of capitalist he is and why the country needs his virtues. Let’s face it, he’s not a heroic entrepreneur. He’s an efficiency expert. It has been the business of his life to take companies that were mediocre and sclerotic and try to make them efficient and dynamic. It has been his job to be the corporate version of a personal trainer: take people who are puffy and self-indulgent and whip them into shape. That’s his selling point: rigor and productivity. If he can build a capitalist vision around that, he’ll thrive. If not, he’s a punching bag.”

All those steelworkers, and the people at that paper company, they were puffy and self-indulgent — and not hunks of iron-reinforced man-flesh like, you know, David Brooks — and that’s why none of them have jobs anymore. People at the business end of the “system” that so charms David Brooks over the canapes know the real score: The “scandals and excesses” are the system. Take them away, and Romney is clipping coupons back in Michigan.

But wait!   There’s more!

Pierce also takes on Joe Klein too.  It’s a twofer.  (Moral Hazard, alas, has decided to take a day off)

Bliss, sheer bliss.  I shall savor it slowly while I’m eating my lunch to make it last.

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