VICTOR DAVIS HANSON: The Kerry Yacht As A Teachable Moment. “Once again, a liberal proponent of higher and more redistributive taxes (e.g., Daschle, Geithner, Rangel) has acted antithetically to what he professes. In his 2004 campaign, Kerry alleged near-treasonous behavior (‘Benedict Arnold’) on the part of companies that relocated out of the country to seek lower taxes. The psychology of this hypocrisy is hard to figure: Does the technocratic guardian class believe that, as an overseeing nomenklatura, the laws should not apply to them? Does loud support for taxes in the abstract serve as some sort of surrogate ethical compensation for avoiding them in the concrete? Or is there an assumption that such elites won’t get caught (remember, Geithner and Kerry only paid up when public attention turned to their avoidance)?” Follow the link for more lessons.

UPDATE: The Obama Elite vs The American People.