The Corner

Krauthammer’s Take

From Monday night’s Fox News All-Stars.

On President Obama telling ABC News’s George Stephanopoulos that he is the underdog in 2012:

I think it’s a simple admission of the truth that there’s a statute of limitation on placing the blame on your predecessor. It’s about three years, and it’s run out.

If you try to continue and do that, it looks as if you either are clueless or not willing to take responsibility. He’s just admitting the obvious here.

On the Occupy Wall Street protests lacking any specific demands:

The mainstream press describes them as having no clear objective. Well, a protest without an objective is like a party of a picnic of the unemployed and the indolent. Unless you have an objective, what are you doing out there?

I was amused when I heard that young lady say that she’s objecting to corporate personhood. Well, China 30 years ago introduced corporate personhood — meaning capitalism — into its economy, even [if] in an imperfect way. And as a result of that one decision, more people were lifted out of destitution and poverty than any in the history of the world, hundreds of millions.

Look, these people are supposedly anti-capitalist. Well, I have news for them. They’re about 200 years too late. Protests started a long time ago. And in the meantime, non-capitalist systems have been tried. For example, the Soviet Union, Cuba, or, if you like, Greece. They don’t work.

And one other thing, if there are problems with capitalism, and of course there always are, I wonder how many of the protesters are aware that the Obama administration, the one that I would bet 90 percent of the demonstrators supported in 2008, has supposedly attacked all of these problems of the greed and the excesses [on Wall Street] in a bill [Dodd-Frank]. It passed last year … [and] supposedly was going to cure the excesses and the heavy risk and the … bail out[s] and was going to introduce fairness and efficiency into the system.

I wonder why they aren’t protesting an administration that in their eyes has not succeeded in doing any of that.

NRO Staff — Members of the National Review Online editorial and operational teams are included under the umbrella “NR Staff.”

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