Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

Ceos Knew the Result

Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

Ceos Knew the Result

Article excerpt

In his March 12 commentary, Larry E. Davis claims to explain the economic facts of life to us, to tell it like it is ("The Truths We Never Told Them"). Instead, he presents a carefully crafted excuse that seems to blame the victims for not seeing how innocent their victimizers were. To Mr. Davis, the economic dislocations that have ravaged wide swaths of the American economy were no one's fault, like a blizzard. There's no sense blaming corporate executives who outsourced thousands of jobs and shuttered countless factories. They were just pursuing profits. I'll bet every scam artist and bank robber has used that defense.

But Mr. Davis goes even further, putting in a good word for the slave traders who, after all, were only pursuing profits. …

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