Putting People In Their Place

A very lazy post this evening, nevertheless two really on point thoughts from others to point you to.

First, Greg Mankiw exposes Barney Frank as a rank politician not afraid to completely ignore history and his recorded statements (full disclosure, I disagree with most of what Frank says but like him in the same way that I found Bill Clinton utterly charming):

“Low-income home ownership has been a mistake, and I have been a consistent critic of it,’’ said Frank, 70. Republicans, he said, were principally responsible for failing to reform Fannie Mae and Freddie Mac, the mortgage giants the government seized in September 2008.

I’m not going to copy the entire post — don’t worry it’s quite short — so you’re going to have to click over to see how Mankiw sets this one up.

Second, David Schuler neatly skewers the pretensions of “elites”:

Despite their many virtues neither the present Harvard Law graduate incumbent nor his Yale Law graduate Secretary of State nor his Harvard Business graduate predecessor nor his Yale Law graduate predecessor gives me, at least, the impression of being a scintillating intellect who has a right to rule by virtue of his or her mighty brain.

They won elections. Elections are not IQ tests or measures of the ability to do anything other than win elections.

Once again, take a look at the whole, short post.

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