You would think if you had a billion dollars in the bank you wouldn’t much care what anybody thought about you and you’d do and say as you damn well pleased, within the limits of the law. Apparently that’s not the case. From Bill Bonner at bonnerandpartners.com:
DUBLIN – Poor David Bonderman.
He said the wrong thing. He should be ashamed of himself.
We’ll come back to him in a minute…
Stroll Through the Park
In the meantime, if you want to enjoy summertime as it should be, take a walk through St. Stephen’s Green in Dublin on a sunny day in June.
Yesterday, young people lounged on the grass… taking off shirts and hiking up skirts to get the sun on their skin. Lovers walked arm in arm around the pond. Children kicked balls… old people sat on benches reading.
And your editor strolled with his son.
Warm, sunny weather is rare in Ireland. But when it happens in midsummer, the result is spectacular. The sun rises at 5 a.m. and doesn’t go to bed until 10 p.m. The flowers love it.
“Pretty, isn’t it?” said the younger one.
“Yes, hard to beat.”
“Our family is Irish, isn’t it?”
“I wonder why they left.”
“Oh… Ireland was not always such a pleasant place. Even as late as the 1970s, there were areas in the west that were desperately poor. Children went to school without shoes. And some of the schools had outdoor plumbing.
“Then when the country joined the euro in 2001, it got access to credit at low German rates. That’s when the building boom started. By 2007, property prices had risen to the point that the Irish – on paper – were the richest people in Europe.
“Our family missed the whole cycle. We went from being one of the poorest families in Ireland to being one of the poorest families in Maryland.”
Back in the USA…
There is practically a subgenre in public commentary explaining how political correctness has gone too far.
To continue reading: Political Correctness Claims a Victim…