Blog Credo

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.

H.L. Mencken

Wednesday, October 31, 2012

The Endorsement

Chait says Obama is the best President of his lifetime.

Pierce says... drones. But I'll vote for him anyway.

And Chait comes back with: Have you seen this Romney dude?

Naturally, this circles us back to the irrepressible question of what Romney himself actually believes. The vast industry devoted to exploring the unknowable question of Romney’s true beliefs has largely ignored a simple and obvious possibility: That Romney has undergone the same political and/or psychological transformation that so many members of his class have since 2009. If there is one hard fact that American journalism has established since 2009, it is that many of America’s rich have gone flat-out bonkers under President Obama. Gabriel Sherman first documented this phenomenon in his fantastic 2009 profile in this magazine, “The Wail of the 1%,” which described how the financial elite had come to see themselves as persecuted, largely faultless targets of Obama and their greedy countrymen. Alec MacGillis andChrystia Freeland have painted a similar picture.
The ranks of the panicked, angry rich include Democrats as well as Republicans and elites from various fields, but the most vociferous strains have occurred among the financial industry and among Republicans. All this is to say, had he retired from public life after 2008, super-wealthy Republican financier Mitt Romney is exactly the kind of person you’d expect to have lost his mind, the perfect socioeconomic profile of a man raging at Obama and his mob. Indeed, it would be strange if, at the very time his entire life had come to focus on the goal of unseating Obama, and he was ensconced among Obama’s most affluent and most implacable enemies, Romney was somehow immune to the psychological maladies sweeping through his class.

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