Tag Archives: goozeviews

A Frenchman Turns Economics Upside Down

Thomas-PikettyBy Peter Galuszka

Call it “The Anti-Baconomics.”

Thomas Piketty, a French economist, is turning conventional, conservative economic thinking on its head. Goodbye to the idea that all boats rise in capitalism. What we are seeing instead is a dangerous concentration of  21st century wealth in the hands of an ever-smaller elite.

This is Piketty’s message in his book “Capital in the Twenty-First Century” (a 700-pager on my reading list) that caught Europe by storm last year and is now a best-seller in this country.

Unlike convention wisdom, the thesis from this thinker from the Paris School of Economics is that Marx was wrong about capitalism self-destructing but so is Nobel Prize winner Simon Kuznets who posited a few decades ago that the inequality gap inevitably grows smaller with economic growth. Just the opposite, it turns out.

“One of the great divisive forces at work today,” Pinketty has said, “is what I call meritocratic extremism. This is the conflict between billionaires, whose income comes from property and assets, such as a Saudi prince, and super-managers. Neither of these categories makes or produces anything but their wealth, which is really a super-wealth that has broken away from the everyday reality of the market, which determines how most ordinary people live.”

This is why, perhaps, middle class families struggle to see declining disposable income while others who do not produce wealth but slice it and dice, like hedge fund managers or managers of huge corporations, are safe with their unsinkable portfolios. It is the same in just about any country, capitalist or no, from the U.S., to Spain, to China, to India to Russia.

If this continue continues unabated, as it probably will, you will see increasing social unrest as the 21st century wears on.

It seems interesting that Piketty who is in this 40s, came up of this relatively free from the residual Marxist thinking, or Keynesian for that matter, that did lurk in the background of many college economics intro courses. The Frenchman seems to be viewing things through a new prism of what has actually been happening over the past five decades when the middle class dream started evaporating and hard work, sacrifice and productivity simply no longer mattered.

If you read one of the books published a few years back by a prominent blogger here, you get the same-old Reaganomics of trickle down topped with a sauce of the Protestant worth ethic masquerading as agnosticism.

What’s the upshot of Piketty? It seems to be taxes, taxes and more taxes. In other words, it is time to start considering redistributing wealth from the elite back to their societies. The question seems to be “Why not? The elite didn’t really earn it anyway.”

Read meat for conservatives. The right-wing media has launched an anti-Piketty counterattack which is healthy and predictable. But he has a few things going for him. Given his youth, he represents the fresh views of up-and-coming thought leaders. And their thoughts are hardly the conventional all-boats-rise sophistry. Watch as the debate becomes stronger.

April Is The Cruelest Month

deepwaterBy Peter Galuszka

April is the cruelest month, especially for brutal energy disasters.

This Sunday is the fourth anniversary of the Deepwater Horizon offshore drilling blowout that killed 11 and caused one of the country’s worst environmental disasters. April 5 was the fourth anniversary of the Upper Big Branch coal mine explosion in West Virginia that killed 29.

What lessons have been learned from both? Not a hell of a lot. In both cases, badly needed, tougher regulations to prevent such messes from happening again go languishing while politicians – including Virginia’s Democratic Governor Terry McAuliffe – say move on fast for more exploitation of energy resources including in Virginia’s sensitive offshore waters.

Take Deepwater Horizon. The rig linked to British Petroleum in the Gulf of Mexico was tapping reserves 5,000 feet down. When the rig hit a rough patch, the blowback exploded upwards, racking the surface part with explosion and fires. Down below, a blowout protector was supposed to swing into action, chop into the pipe and shut down any flow. That didn’t happen and oil flowed freely at the bottom until July 15 generating one of the biggest oil spills ever.

Four years later, what has been done? According to experts S. Elizabeth Birnbaum, and Jacqueline Savitz, not enough. In December 2011, the National Academy of Engineering reported that Deepwater’s blowout preventer had never been designed or tested for the conditions that occurred and that other rigs may have the same problem.

Sixteen months later, nothing has been done in terms of new regulations – not even proposed one. It sounds as if that socialist-minded, regulation maniac Barack Obama is actually off the job. Meanwhile, McAuliffe changed his mind about the risks of offshore drilling and has jumped on board the Republican bandwagon led by former Gov. Robert F. McDonnell to expose Virginians to similar dangers.

McAuliffe’s turnaround came last year during the gubernatorial campaign. According to the Washington Post: “Terry has learned more about offshore drilling from experts in Virginia,” said McAuliffe spokesman Josh Schwerin. “He thinks that because of technological progress we can now do it in a responsible fashion.”

Say what? Maybe he should take a trip to Brazil and Norway that have more advanced blow-out preventers and policies. By the way, Democrat Mark Warner, running for re-election for U.S. Senate, is for offshore drilling as well.

If you really want to see evidence of the lack of regulation, check out Upper Big Branch owned by the former, Richmond-based Massey Energy.

The firm was notorious for its anti-regulation, anti-labor union policies led by its in-your-face chief executive Don Blankenship. Four reports say that Massey’s lax safety standards allowed the disaster to happen, including letting badly maintained equipment be used and not taking measures to keep highly explosive coal dust from building up. A flame caused by a ball of flaming methane touched off the dust leading to an underground blast that covered seven miles underground. In the process, 29 miners were either blown apart of asphyxiated in the worst coal mine disaster in 40 years.

Every mine event has led to some kind of regulatory reform such as the one at Farmington, W.Va. that killed 78 in 1968 and the Buffalo Creek W.Va. coal sludge pond breach and flood that killed 125 in 1972.

Post-Upper Big Branch reforms have been proposed, notably the Robert C. Byrd bill that would protect whistleblowers, hold boards of directors responsible for knowing and doing nothing about safety threats and giving the feds subpoena power which, incredibly, they do not now have in the case of mine safety. The Department of Agriculture can subpoena records in the case of possible milk or meat price-fixing, but the Mine Safety and Health Administration cannot in the case of human miners.

The Byrd bill is all but dead mostly because of the Republican controlled House of Representatives where the majority leader is none-other than business toady Eric Cantor of Henrico County.

And if you want to understand just how little miners’ lives are regarded, compare the media coverage of Deepwater Horizon versus Upper Big Branch. I guess you could say that in the media’s eyes, the life of an offshore rig worker is worth 2.6 times that of a coal miner.  Six months after Deepwater, there were at least six books about the disaster. Four years after Upper Big Branch there is one book about it and it happens to be mine.

So, this Sunday, I propose a toast to the dead oil rig workers and coal miners. Let’s not allow their souls to stay on our consciences. Let’s have anti-regulation reign in the name of free market economic policies and profits! It doesn’t matter if you are a Republican or a Democrat. Salute!

Fracking the Mother of Presidents

fracking rigBy Peter Galuszka

Controversial hydraulic fracking appears to becoming a distinct possibility in areas south and east of Fredericksburg on land that is famed for its bucolic and watery splendors along with being the birthplaces of such historical figures as George Washington, James Monroe and Robert E. Lee.

After several years of exploring and buying up 84,000 acres worth of leases from Carolina to Westmoreland Counties, a Dallas-based company that uses a post office box as its headquarters address participated in the first-ever public discussion of what its plans may be.

According to the Free-Lance Star, the meeting was put together by King George County Supervisor Rudy Brabo to air concerns and hear plans of Shore Exploration and Production Co., which is based in Dallas and has offices in Bowling Green. Its headquarters address is registered with the State Corporation Commission as P.O. Box 38101 in Dallas.

About 100 people attended the meeting April 14, but judging from the newspaper’s account, not many questions were answered. Participants repeatedly asked Shore CEO Ed DeJarnette what his plans were regarding fracking and who would be responsible for damages if something went wrong.

DeJarnette responded that his firm is merely buying up leases and is looking to sell them to other gas drillers and operators. The state’s Department of Mines, Minerals and Energy issues permits one at a time and is responsible for enforcing them, he said.

Hydraulic fracking and horizontal drilling have touched off a revolution in the American energy industry in recent years, particularly in the Marcellus Shale gas formations that stretch in the Appalachians from New York State to southwest Virginia. The methods have also been used to reach rich shale oil deposits in North Dakota and other western states.

Fracking has been used as a drilling process for years according to media accounts and authors such as Gregory Zuckerman whose recent book “The Frackers” covers the process’s increasingly widespread use in the past several years.

Among concerns are that the toxic chemicals mixed with water and then pumped hundreds of feet underground could eventually ruin groundwater serving streams and wells. Other concerns are that the inevitable “flowback” in drilling will require surface ponds to handle toxic waste. In places such as Pennsylvania and West Virginia where fracking is permitted, quiet country areas are badly disturbed by the roar of diesel generators at drilling sites and from trucks that are constantly delivering drilling supplies. Methane can leak from drilling rigs, further complicating global warming issues, and flash fires can be problems. Fracking can also consume great amounts of water which often has to be trucked in.

On the plus side, holders of mineral leases can receive great sums in royalties and various taxes and other payments can boost local tax coffers. Natural gas is cleaner and less deadly source of energy than coal, plays a big role in electricity power generation in the Mid-Atlantic.

At the King George meeting, DeJarnette told the audience that he preferred using nitrogen as an element in fracking rather than water, but there were few details in the newspaper story.

While providing scarce details on who would actually handle the drilling, how it would be done and who would be responsible for damages, DeJarnette repeatedly emphasized the monetary benefits and jobs fracking would bring.

If it proceeds, fracking in the Taylorsville Basin would likely be confined to Virginia, which is more business-friendly than Maryland where the basin also extends. The field stretches across the Potomac River into Charles, St. Mary’s, Calvert and Anne Arundel Counties but Maryland has a moratorium on fracking until it can be studied further.

DeJarnette says he wants drilling to start by late this year or in 2015. Major oil firms explored the Northern Neck area and found some evidence of oil and gas deposits there in the 1980s.

Rethinking Online Classes at U.Va.

President Sullivan

President Sullivan

By Peter Galuszka

Just two years after the University of Virginia weathered a crisis and the short-lived resignation of its president for supposedly not embracing online education fast enough, Mr. Jefferson’s school is taking a cautious approach about Web-based courses.

This is a good thing, despite the excitement over having thousands of distant students sign up for MOOCs, or large scale college online courses, and expect to instantly log on to all the good things universities offer with supposedly few of the negatives.

Although U.Va. does participate in offering online courses through Coursera, they are not for college credit and Virginia is not following the example of Georgia Tech which is offering an entire degree program via the net.

The Daily Progress reports that U.Va. administrators and professors are worried that it is too easy for unseen students to cheat on the courses – an important consideration due to U.Va.’s strict honor code. Other problems are the high dropout rate of MOOCs and the fact that they may be best suited for introductory courses because professorial classroom involvement is important for more advanced ones.

These views raise questions after all the hype about MOOCs, including many posts on the blog. A special irony is that just two year’s ago, U.Va.’s highly capable and popular President Theresa Sullivan was forced to resign in Board of Visitors putsch led by chairman Helen Dragas supposedly because of her lack of enthusiasm in embracing new technologies.

One well-known blogger wrote a gushy lead paragraph on a posting stating that “Helen Drags gets it.” Err, maybe not, because Sullivan was reinstated after a huge outcry within the U.Va. community and after major, negative world media coverage.

Elsewhere, MOOCs do seem to be gaining some traction. One at the University of North Carolina at Chapel Hill noted that a Tar Heel course got 30,000 sign ups on-line.

But a University of Pennsylvania study showed that of 16 open online courses the school offered, fewer than half of all registrants even watched the first lecture.

So, it seems that MOOCs are going through a period of adjustment. And, they are politically charged since many conservatives, still angry over social changes in the 1960s and 1970s, see MOOCs as a way to overcome what they view as the overweening political bias of cossetted universities.

As the Daily Tarheel at UNC reports: “Rob Schofield,, director of research and policy development for the left-leaning think tank N.C. Policy Watch, said though MOOCs have many positive aspects, there are drawbacks.

“This problem is especially worrisome in the current political environment in which far-right politicians are doing everything they can to de-fund public schools and universities and turn them into on-the-cheap education factories,” he said.

Luckily for the Old Dominion, the University of Virginia is evaluating MOOCs with its eyes open.

The Richmond Elite’s Bizarre Self Image

richmond-times-dispatchBy Peter Galuszka

If one wants to know one source of Richmond’s malaise, she or he need look no further than the pages of the Richmond Times Dispatch, the mouthpiece of the city’s elite. This is especially true when one reads this morning’s edition. The inadvertent revelations about the city and what is wrong with its leadership are stunning.

Some background. Last week, Style Weekly, an alternative newspaper in the city, published a hard-hitting cover story taking a ground-up view of just how awful and neglected the city’s school buildings and system are. The coverage is very much contrary to the image Richmond’s “leadership” wants to sell about the city.

As the schools are mismanaged and families are abused, the Richmond elite, and the RTD’s editors are pushing other pet projects such as building a new baseball stadium in historic Shockoe Bottom to replace a crumbling one elsewhere and a chamber of commerce trip to Tampa by 159 “leaders” to learn how another city works.

Full disclosure: I am a contributing editor at Style but had no input to the school story. I did file two blog postings about the schools story and received a number of highly insightful comments by readers. The basic problem, as several put it, is that  the schools are a mess is that the middle class has moved to the suburbs, the upper class sends its children to private schools and many of those left aren’t in a position to join the debate are have much influence. One out of every four people living in the city is poor.

The TD’s coverage today is a wonderful blueprint about exactly what is wrong with the elite’s thinking. Examples:

  • The front page features a catch-up story featuring short 125 word essays written by seven city council members and nine school board members. Three council members, Reva Trammell, Michelle R. Mosby and Cynthia Newbill – didn’t respond, perhaps wisely. The story states that judging from the responses, “momentum is building” for “substantive change.” The council, the school board and the mayor are working together. Mind you, this is not based on any real reporting—such as shoe leather in the school halls. Instead, one gets to read what the leadership responsible for the horrific problems thinks about them – sort of like interviewing the foxes after they raid the chicken coop. An added extra: the RTD claims it sent out its questionnaires before Style published its story, sort of like backdating stock options.
  • Flip to the “Commentary” section and a piece by John W. Martin, CEO and president of the “Southeastern Institute of Research in Richmond and frequent opinions contributor to the TD. His piece is basically an extended apology for proposing a new stadium in the middle of the blooded ground of the country’s second-largest slave market – standard stuff. Especially bizarre is the art. It is a cartoon drawing of what appears to be an interracial couple happily walking near what could be a combined slave memorial ballpark. The man is white, blond, wears a Richmond polo shirt and is flipping a baseball. His arm is around an African-American woman in sports togs and carrying designer shopping bags. In front is an apparently mixed-race child in a Flying Squirrels baseball cap happily holding out his glove to catch the ball from dad. The effect is downright creepy. It insults the intelligence of the readers and hits a very sensitive raw nerve, given Richmond’s sad history of race relations and the TD’s historic support of segregation five decades ago when it really mattered.
  • Let’s move to the Op-ed page where there is piece by Nancy Bagranoff, dean of the University of Richmond business school and upcoming chair of the Greater Richmond Chamber of Commerce. She was part of the chamber’s trip to Tampa to “learn” how they do it (while Richmond’s school buildings crumble). Her important takeaways seem to be that Tampa puts lights on its bridges, that it is a big port city, the region has distinctive personalities and that there are some universities there. Her conclusion: “I fell love with Tampa during out visit, but “I’m still married to Richmond.” Now that is extremely helpful.
  • Lastly, there is an impenetrable story by TD publisher Thomas A. Silvestri about several fictitious people discussing Tampa. Unsure of the point, I read the endline bio of Silvestri. It says he used to head the chamber and did not go on the Tampa trip because he’s been there before.

So, there you have it folks. Instead of real reporting, you have Richmond’s elite, some of whom are responsible for the problems, interviewing themselves. And that is a big reason why the city is in such a huge mess.

“Where Is the Closest Tiki Bar?”

tiki_barBy Peter Galuszka

Often times, blog commenters really hit the nail on the head. This is the case with “Virginiagal2” who responded to my blog post earlier this week that Richmond’s schools are decrepit and crumbling, as Style Weekly detailed in a recent cover story.

They note that Richmond’s elite has done little for its public schools while chasing higher-profile and extraneous projects such as a summer training camp for the Washington Redskins and a new baseball stadium for the Minor League AA Flying Squirrels.

Schools? What schools?

Blog posts also note that NFL football star Russell Wilson, a Richmonder, stayed at private Collegiate school after his father saw academics as more important than sports and blunted maneuvers by Richmond public schools to recruit Wilson during his school years.

Part of the problem, as Virginiagal2 notes, is that Richmond’s select and self-appointed “leadership” ignores the city’s serious problems while they embark another pointless road trip to another city, typically in the sunny South, to gather ideas on how they should proceed with their (how to describe?) “leadership.”

Just a week or so ago, about 160 of Richmond’s “leaders” were bopping around Tampa, sampling its eateries and noting the watery views. The biggest cheerleader for these junkets is The Richmond Times-Dispatch, which is very much a propaganda organ of the area’s chamber of commerce. Its publisher Thomas A. Silvestri was chamber chair a few years back yet few commented on the potential conflict of interest. On the Tampa trip, the editor of the editorial pages wrote a supposedly cute series of reports in a “postcard” (ha-ha) style about the Tampa trip. Here’s one tidbit:

“About 160 Richmonders will spend three days sipping from Tampa’s version of youth’s fabled fountain. Where oh where is the closest tiki bar?”

I couldn’t have said that better myself. Next, I’d like to copy what Virginiagal2 had to say in response to my blog. She absolutely nails it:

“The cost of sending a kid to Collegiate is beyond a lot of young families. What do you think those Richmond families value the most – a sports team that has around 5,000 people attend games, or a good safe public school for their kids? The RTD has been shilling for the stadium for months – when’s the last time the RTD advocated for money for better city schools? Do you ever remember them encouraging businesses to partner with city schools? Advocate for vouchers, yes – advocate for baseball, yes – improve the overall public schools, no.

‘nuf said.

Is Blackwater Successor in Ukraine?

blackwaterBy Peter Galuszka

A private security company with ties to Virginia and northeastern North Carolina has been linked to rising tensions between Ukraine and Russia that some fear could turn into war.

The Russian Foreign Ministry issued a statement April 8 saying that a security firm named “Greystone” that is tied historically to the defunct and controversial Blackwater special security operations company has sent “about 150” mercenaries to Ukraine disguised as a military unit called “Falcon.”

A spokeswoman for Greystone denied to ABC news that the firm was involved with Ukraine while other news outlets were told the firm had no comment.

Greystone is registered in Bermuda, according to ABC. It was at one time linked to Blackwater although its ties to Xe Services and Academi which succeeded Blackwater after its demise are unclear.

Blackwater was founded by Erik Prince, a former Navy SEAL, in Moyock, N.C., near the Virginia border.  It hired former special forces military and used a swampy tract for training. The Moyock operations is close to a Navy facility at Dam Neck in Virginia Beach which is the base for the SEALs’ Team Six that tracked down and killed terrorist Osama bin Laden.

Blackwater was hired by the Bush Administration to handle security for officials and other duties in Iraq. Employees of the Blackwater firm were involved in the shooting of 17 people in Baghdad in 2007 and the firm was later banned from U.S. government work after a slew of problems in Iraq, Sudan and other countries.. During the controversy, it changed its name to Xe Services and then again to Academi, which has its headquarters in McLean. Prince has left the company.

Greystone, ABC reports, was formed as a sister company of Blackwater to handle security matters for foreign clients while Blackwater concentrated on U.S. government contracts.

The Russian government started accusing both Blackwater and Greystone of being involved in Ukraine last month although U.S. officials have denied it. Tensions have risen after Ukraine’s pro-Russian president was ousted and Russia seized Crimea. Russia has thousands of troops massed on the Ukrainian border.

Another footnote in this strange tale: a director of Academi is retired Navy admiral Bobby Ray Inman, who is a former head of the National Security Agency, a deputy director of the CIA and a former head of naval intelligence. Inman also had been a director of as the last board chairman of then-Richmond-based Massey Energy, which was forced to be sold to Alpha Natural Resources after a deadly explosion at a West Virginia coal mine.

I’m not making this up.

Richmond’s Huge and Hidden Problem

The Seahawk's Wilson

The Seahawk’s Wilson

 By Peter Galuszka

There’s been plenty of image-building on this blog site in favor of what is perceived to be a “new” Richmond.

In this view, the former Capital of the Confederacy famous for its gentile white elite and, unfortunately, race politics, is being transformed to a major draw for talented young people and active retirees with plenty of diversity. Some evidence bears this out, such as the wealth of arts and culture and increasing upscale apartment rentals in the city.

The image is being pushed along by Richmond Mayor Dwight Jones who wants to anchor his downtown drive by placing a controversial baseball stadium in Shockoe Bottom. There is plenty of angst about his idea given that the city has other, more pressing concerns. They include its 26 percent poverty rate and the fact that the mostly white suburban counties seem to be moving farther from the Richmond sphere of influence.

There’s yet another big and unaddressed problem that may spell the ultimate fate of the city. Its school system is decrepit, as two recent stories in Style Weekly to which I contribute, point out.

One is a deeply reported cover story this week by Tom Nash that takes readers on a horrifying tour of several Richmond schools. Thompson Middle School has ceiling that ooze gunk. Diluted tar falls in classrooms. Fairfield Court Elementary needs a new roof. A tile fell on a student but the fix is $90,000 or one fifth of the district’s school budget for the year. Tom reveals more problems at Carver Elementary and Armstrong High, among others.

Most of Richmond’s school buildings are more than 60 years old. Dana Bedden, the system’s new superintendent, says school buildings are the worst he’s ever seen and that includes a stint in the District of Columbia. Reports say that $26 million is needed just this year to make a corrective dent in the problem.

Another Style story of note is an opinion piece by Carol A.O. Wolf, a former journalist and school board member. It was published in February, just after the Seattle Seahawks crushed the Denver Broncos in the Superbowl. The star was Seahawk quarterback Russell Wilson who grew up in Richmond.

Wilson’s dad placed him at Collegiate, a highly regarded private school in the West End. The Sporting News reported that when Wilson was a ninth grader at Collegiate, Richmond public schools started angling to recruit him to play ball for them. Dad said no. According to him, “I didn’t put Russell in Collegiate for sports, I put Russell in Collegiate to get the best education he could get.”

So much for Richmond’s public schools. It’s really too bad, as well, that the public school system is so neglected and that the mayor and other opinion makers are ignoring huge municipal problems in favor of top-down development like the new baseball stadium of questionable value.

An Inconvenient Obamacare Truth

SNL spoofBy Peter Galuszka

It is highly amusing to watch Obamacare detractors mock news that the Affordable Care Act has more than reached it goal by signing up 7.1 million Americans.

This inconvenient truth turns the Fox News echo chambers on its head. You also read a bit of that on this blog – there’s an unassailable assumption that Obamacare is a certain failure, the Website is a mess and that it will be rejected hands down by consumers. Therefore, it’s a given that it must be repealed or undergo massive surgery.

Obamacare deniers also link expanding Medicaid to the fray. That is why the General Assembly has not passed a budget. Hard right Republicans in the House of Delegates, led by House Speaker Bill Howell, have set up expansion along the lines of their Obamacare fight. Medicaid is DOA, they claim, and they are quite right risking shutting down state government July 1 to make their point.

Of course, they are plowing ground for November elections in which they assume (underlined) that Obamacare will be a killer topic for their allies.

Problem is, if Americans keep signing up (early problems with the Website notwithstanding), they kinda lose some of their thunder. They may have to come up with a new mule to beat.

Anyway, I caught this skit on Saturday Night Live last night and immediately thought of Bacon’s Rebellion. Enjoy!

Why Five Ex-Attorneys General Are So Wrong

mcdonnells arraignedBy Peter Galuszka

The practice of law in Virginia is supposed to be an honorable profession.

The state, which produced such orators as Patrick Henry and Thomas Jefferson, loves its lawyers perhaps much more than individuals who actually create or do something of value. It could be why the state has so many of them.

This makes a filing in the McDonnell corruption case by five former attorneys general all the more despicable. The bunch includes both parties and is made up of Andrew P. Miller, J. Marshall Coleman, Mary Sue Terry, Stephen D. Rosenthal and Mark L. Earley.

They want corruption charges thrown out against former Gov. Robert F. McDonnell, who, with his wife, has been indicted on 14 federal corruption charges. Their trial, expected in July, will explore charges they misused their position to help a dietary supplement maker who showered them with more than $165,000 in personal gifts and loans.

The five attorneys general claim that there is no clear evidence the McDonnells did anything wrong. Odd, but I thought lawyers knew enough not to try and bias a case that has been through the indictment and arraignment phase and is due for trial but then I didn’t go to law school.

Their other reason is actually more upsetting. Their filing claims that future governors might be reluctant to invite state business leaders on foreign trade missions or to host campaign donors at the governors mansion, according to The Washington Post.

Huh? I don’t see the connection. Of course, governor’s can host trade missions. They can invite people to the Executive Mansion. It’s just that, in the process, the governors can’t reasonably be OK with accepting a $6,500 Rolex from the head of Kia Motors or a special loan for his failing beach houses from the local rep of Rolls Royce North America.

It is stunning that the five attorneys general are caught up in “the Virginia Way” of having hardly any controls on gift giving and spending that everything is OK. They also can’t seem to move beyond the conceit that  anyone who occupies the governor’s chair must naturally be an honest gentleman or gentlewoman.

This kind of thinking helps explain nothing substantive has been done to reform the state’s ethics laws. I can give you five reasons why.