The topic below was originally posted at the Intrepid Liberal Journal.
Arguably America’s greatest trial lawyer, Clarence Darrow, famously once said,
“First and last, it’s a question of money. Those men who own the earth make the laws to protect what they have. They fix up a sort of fence or pen around what they have, and they fix the law so the fellow on the outside cannot get in. The laws are really organized for the protection of the men who rule the world. They were never organized or enforced to do justice. We have no system for doing justice, not the slightest in the world.”
Reading this morning’s headlines about A.I.G. utilizing $165 million of their $170 billion tax payer financed bailout for bonuses, reminded me of Darrow’s insight. The excuse being offered after all is that a “contract is a contract” and A.I.G. must fulfill their obligations.