The True Grit Era

This is from a Frank Rich column analyzing America in the light of the two True Grit films –

That kind of legal and moral cost-accounting seems as distant as a tintype now. The new “True Grit” lands in an America that’s still not recovered from a crash where many of the reckless perpetrators of economic mayhem deflected any accountability and merely moved on to the next bubble, gamble or ethically dubious backroom deal. When Americans think of the law these days, they often think of a system that can easily be gamed by the rich and the powerful, starting with those who pillaged Lehman Brothers, A.I.G. and Citigroup and left taxpayers, shareholders and pensioners in the dust. A virtuous soul like Mattie would be crushed in a contemporary gold rush even if (or especially if) she fought back with the kind of civil action so prized by the 19th-century Mattie.

Frontier justice. That would send the Wall Street gamblers packing, wouldn’t it? Of course, right now, I’d take just about any kind of justice. The current situation in the finance world if analogous to a movie would be Heaven’s Gate. In that film the villains after a murderous spree are tracked down by a posse from the local people and rescued by the cavalry on direct orders of the governor. That’s about the situations we have here.

James Pilant