Obama’s Mob Rule

A great piece by Alex Epstein at the Ayn Rand Institute: Mob Rule Comes to Washington:

In dealing with AIG, why are people pussyfooting around? They believe that the bonus money was stolen from the public and must be retrieved by any means possible. So why not bypass the niceties and just send in some well-armed “enforcers” to confiscate the bonus recipients’ cars and houses and bank accounts?

If this raises fear about ushering in mob rule, it’s too late. AIG employees have been crudely vilified, they have been targets of death threats, a U.S. senator has urged them to kill themselves, protestors “tour” their homes, they have had to hire security guards and AIG has removed its name from the front of its Manhattan offices.

This mass hysteria is being fueled by the government, which is proceeding on the premise of: “Get the money back first, rationalize later.” The House passed an extraordinary piece of punitive–and unconstitutional–legislation to tax away almost all the bonus money. New York’s attorney general, abetted by the threat of making their names public, has gotten many of the recipients to “voluntarily” return their bonuses. Perversely, the rights of captured Islamic jihadists generate greater concern in Washington.

All these actions are tantamount to rule by mob action.

Read the whole thing.

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