Thursday, March 09, 2006

An e-mail to Steve

Steve,

Re: the ports deal--that's horrible news. I was befuddled by the reaction that many had to it in the first place. Foreign companies own a lot of US enterprises. One reason why we have a "trade deficit" is because of the large amount of foreign capital pouring into the US. This Dubai deal certainly lends credibility to the accusation that Americans are impelled by an anti-Muslim bigotry, however unfair such a characterization may be.

It seems to me that having deals such as the port deal with the UAE are the best way to reduce conflict. Free trade breeds interdependence: when Muslims realize that their jobs are dependent on the success of US enterprises, the theory goes, animosity melts away. With globalization, we're all in this together.

The sinking of the port deal also reinforces my libertarian perception of our representatives in Washington as shameless demagogues--at least THEY should've known better, even if the populace was momentarily blinded by its demotic passions. Our certainly politicians are, as PJ O'Rourke put it, a "parliament of whores."

Oh well...here's to Chief Justice Roberts!

Grant

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