Category Archives: Liberal Apostasy

Hypocrisy watch watch:  remembering that Hillary was against gay marriage before she was for it

HC: “I think you are trying to say that I used to be opposed and now I am in favor and I did it for political reasons, and that’s just flat wrong. “

That’s right, that’s what Gross is saying.  And Hillary’s indignity aside, of course it’s the truth.  I think what I’m actually astonished at is that this is an apparently earnest question by Gross.  I mean, the ground shifted under everyone’s feet for sure, but before that you figure the Democrat base was giving its candidates a fair amount of leeway to make this absurd pander to moderates, swing voters, and other squares about their commitment to a defense of traditional marriage.  They are just not traditionalists on the whole, and the GLBT has a great influence within the party specifically.

It’s clearer in hindsight now.  People exceeding a modest understanding of politics know that elected Democrats were lying about their objection to gay marriage.  The Democrat base gave them a pass on the lie, if in fact they were not in on the truth.

Gross can not be oblivious to this knowledge.  So I don’t know why she asks the question and has an expectation that there’s a genuine, clarifying answer to be gotten.

PS: I’m for marriage equality, in case I have to say it again

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Liberals hunting down their apostates

There has been a lot of this going on.  Jonathon Chait is suffering from it acutely, though we have not discussed his case so much yet.  I’d like to sometime soon.

No sooner than the Slate CEO pay article appears, Danny Vinik on TNR denounces it:

http://www.newrepublic.com/article/117441/liberals-want-raise-taxes-rich-help-poor

The ostensible harms of income inequality are expressed better by Vinik here; there’s some thought income inequality correlates to lower economic growth.

You know, maybe there is a correlation, broadly.  Thing is, SFW.  Correlations are not causality, and CEO pay would have nothing to do with it for reasons of mechanics that we (which is to say, “I”) explained here.  IE, CEO stock option grants are magic transactions where corporate boards create monetary value out of thin air, for which there are several immediate beneficiaries and no losers.

There’s no plausible explanation that can be offered by anyone to explain how this transaction retards broader economic growth that would be otherwise benefitting the middle class. None.

None. None. None.

Indeed, there’s an obvious argument to be made that if you overtax these transactions, companies will stop doing them.  At that point, it’s not that the wealth goes to the worker.  It’s that it doesn’t get created at all.  Further, there’s no piece for the government to get as taxes, those taxes going to social programs that do benefit the lower and middle classes.

There’s a certain level of purposeful obtuseness that has to be maintained for a guy to overlook the mechanics and not get this.