Ben Stein Carries Water For Obama on Wall Street Bill

His words, not mine.

Sometimes I think Ben Stein should quit punditry and just go back to droning on about voodoo economics at Shermer High School.

Stein acts as if regulatory oversight of Wall Street has been non-existent up to this point. Is he kidding? Has he never heard of the Glass-Steagall Act of 1933? The Investment Company Act of 1940? The Sarbanes-Oxley Act of 2002?

Correct me if I'm wrong here, but there are already rules in place against corporate fat cats partying like 'drunken frat boys' with investors' money.

So why do we need Barack Obama proposing another slew of byzantine regulations reiterating the illegality of corporate fat cats partying like drunken frat boys with investors' money?

Via Breitbart.

Cross-posted at RedState.

UPDATE: Instapundit links!

Comments

[Tipper Gore Romney]

Ben Stein is a terrible windbag.

I used to think he was quite smart, but now I think he's quite smart and quite willing to move product and boost profile with comments he doesn't believe.

There is absolutely no way Ben really thinks the issues he's complaining about were not already illegal. I won't get into his assault of scientific progress... but I am tired of this hack. I would have rolled my eyes if he had condemned another red tape rollout.

[frank14]

Something snapped in poor Ben during the Iraq War and now he is a Nixonian RINO. His once amazing column in the American Spectator is now unreadable.

[Daniel]

This particular aspect of Ben Stein's politics is nothing new. Readers of his Clinton-era American Spectator columns should recall that he has long been a proponent of regulations that protect stockholders from the certain types of business shenanigans. Agree with him on this or not, but he really isn't selling out his true beliefs or saying anything that he hasn't said dozens of times already. Right or wrong, he has been consistent, and he does know what he's talking about.

[Skip]

He lost me when I learned he gave campaign money to Al Franken, for which he explained that Al was a friend. Some friend.

[Largebill]

Skip,

I had not heard about him donating to Franken's campaign. Friend or not that is inexcusable. No one who cares a whit for this country would contribute a penny to the effort to put Franken in elected office. If Stein's judgment is that seriously flawed I can not accept anything he says as valid going forward.

[Army of Davids]

Stein giving money to Al Franken is amazing in and of itself. If Franken doesn't sneak in via ACORN and voting games we don't have ObamaCare.

Thanks Ben (sarcasm)...every little bit helps.

[Thurberesque]

Crankiest people in the world....

He doesn't hate Obama or Franken so he's a off the Approved List? All the previous rants at Democrats don't matter any more?

Love the Small Tent theory, bros.