Good morning!
Not thrilled to be up before Virginia’s sunrise, but looking forward to it…
1. It’s sad what happens to Ethics Alarms expatriates...One upon a time, uber-progressive blogger/cartoonist Barry Deutsch, aka Ampersand, was one of the most prolific, open-minded, articulate and reasonable commenters here. Then Barry banned himself because he didn’t like my pointing out that his blog is an echo chamber, after he censored my comment there noting that his SJW throng’s position on the Trayvon Martin-Zimmerman affair was intellectually dishonest. So Barry retreated to his self-made bubble. I check in on him now and then, and that admirable open-mindedness has disappeared in the marinade of relentlessly woke and intolerant fans.
Here’s how bad it is for Barry: this what he wrote on his “Alas! A Blog”recently: “Conservatives are against all immigrants (or at least all non-white immigrants), not just unauthorized immigrants.”
Tragic. Barry Deutsch now believes that anyone who disagrees with his far left world view is a racist. The Ampersand who followed Ethics Alarms would never think such a thing, much less publish it.
2. The trouble with billionaires. The class warfare being fomented by Bernie Sanders and others for a cynical and destructive power grab is an old formula that, when it works, always brings chaos in its wake. Throughout history, it has succeeded more often than basic economics and common sense would dictate in part because so many of the ultra-rich persist in being jerks. Does being a jerk make one more inclined to get rich, or does becoming extremely rich have a tendency to make one a toxic jerk?
That’s a question for the ages, but the behavior of people like billionaires Peter Nygard and Louis Bacon make things easier for class warfare demagogues like Sanders, Elizabeth Warren, and Rep. Ocasio-Cortez, just as it did for Lenin and Robespierre before them. This story, about their absurd and costly feud, illustrates how extreme wealth can permit one’s ethics alarms, not to mention sense of proportion, go dead.
From the Times:
The Bahamian pleasure palace featured a faux Mayan temple, sculptures of smoke-breathing snakes and a disco with a stripper pole. The owner, Peter Nygard, a Canadian fashion executive, showed off his estate on TV shows like “Lifestyles of the Rich and Famous” and threw loud beachfront parties, reveling in the company of teenage girls and young women. Next door, Louis Bacon, an American hedge fund billionaire, presided over an airy retreat with a lawn for croquet. Mr. Bacon preferred hunting alone with a bow and arrow to attending wild parties, and if mentioned at all in the press, was typically described as buttoned-up.
The neighbors had little in common except for extreme wealth and a driveway. But when Mr. Nygard wasn’t allowed to rebuild after a fire, he blamed Mr. Bacon. Since then, the two have been embroiled in an epic battle, spending tens of millions of dollars and filing at least 25 lawsuits in five jurisdictions. Mr. Nygard, 78, has spread stories accusing Mr. Bacon of being an insider trader, murderer and member of the Ku Klux Klan. Mr. Bacon, 63, has accused Mr. Nygard of plotting to kill him.
Read the whole thing. Continue reading
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