We’ve always known that Michael Hiltzik, the sock-puppeting “business” columnist, has ambitions to be a purely political pundit. Let’s take a look at a couple of passages from his recent “business” columns.
It’s proper to recognize that “experience” isn’t always all it’s cracked up to be. Sometimes it’s merely a smoke screen for the hidebound, burned out or lazy.
Nor is it a substitute for judgment and intelligence. Just the other day we inaugurated a president who repelled attacks on his supposed “inexperience” by displaying intellectual depth and a singular maturity of purpose. The defeated ticket, by contrast, was led by a superannuated politician who seemed to have forgotten all the lessons of a lengthy public career and a running mate whose “administrative experience” cloaked a worldview so shallow it would drown in a wading pool.
That one had something to do with experience and business.
No. 1 on the perp walk hit parade of 1987, for instance, was the arrest of three Wall Street traders allegedly involved in the big insider trading scandal of the moment. As news cameras rolled, one was led tearfully from his trading floor and handcuffed by agents of Rudolph Giuliani, then the federal prosecutor in Manhattan.
The charges against all three were dropped four months later. Who was the net beneficiary of this stunt? Only Giuliani, who gained a political platform that enabled him to infest our national politics for the next 20 years.
See, he’s talking about Wall Street there, so it’s “business.”
He’ll be back taking potshots at Hewitt and me and all the other right-wing bogeymen before you know it. It’s not personal. It’s strictly “business.”