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George Gilder loses…

…at The Confidence Game, sharing with us a dimwitted thesis as to “why I trust the most disgraced chief executive more than I do the most reputable public servant.

… I trust chief executives because they deal in projects that can go bankrupt. They cannot repeatedly or consistently lie about their companies because the truth will out in a relatively short time. Even at Enron, Lay and Skilling could deceive themselves and the public only for a matter of months.” He seems to think the difference between corporate executives and politicians is akin to that between physicists and sociologists, and then confuses metaphor and reality. George, the finger pointing at the moon is not the moon. Forbes [thanks, Richard]