Wednesday, July 14, 2010

David Brooks: Op-Ed Columnist - An Economy of Grinds -

(c) 2010 F. Bruce Abel

David Brooks writes pieces that are often hard to categorize, but I read everything he writes.  This one deserves note and reading over and over again.  It covers an interesting class view that fits with my own.

Knowing Brooks's Republican political-history, this piece is not of small import.  David Brooks is slowly feeling his way into a world-view that is anti-establishment, anti-corporate.  Far from where he was during the Bush years.  Click on and start at the beginning.

Op-Ed Columnist - An Economy of Grinds - "Since the princes are nicer and more impressive, it is easy to be seduced into the belief that they also are more trustworthy. This is false. During the last few years, for example, the princes at Citigroup, Bear Stearns, Goldman Sachs and Lehman Brothers behaved with incredible stupidity while the hedge fund loners often behaved with impressive restraint."