For the life of me I cannot understand the infatuation of many Conservatives and Republicans with the idea of Martha Stewart’s innocence.
Agreed, the interpretations of insider-trading law need further tuning, and agreed that Stewart’s broker was perhaps unfairly caught in its coils. Agreed, that Martha will pay (and already has paid) a high price for a relatively minor crime, and agreed that many of the stockholders in her company will be caught in the undertow.
But what’s the other side of it? Should “relatively” minor theft by a wealthy person go unpunished? Should only the worst examples of using inside knowledge be prosecuted? Should a celebrity have received breaks that you or I would not get under similar circumstances? I think not. And we should remember that at many stages Martha could have called a halt to the proceedings by telling the truth; she might have received penalties but certainly not as severe as what she now faces.
In the end, her main mistakes were arrogance and, perhaps, stupidity: the belief that her interpretation of the laws would be proved correct, that her worshipers would make it to the jury, that her supporters great and small could favorably affect the outcome. In other words, she committed worse than a crime — she committed a mistake.p>And as for Reid Collins’ laughable assertion that based on historical precedent she deserved to be tried before a jury of wealthy CEOs and company founders (not his exact words, of course), isn’t this a bit like insisting that John Wilkes Booth be tried by a panel of actors? br> — Richard Donley /p>
“[C]onsider the motives for fibbing to the feds, or fabricating a stop-loss agreement with the broker.”
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?
H/T to National Review Online