printThe Stupid Party and its followers have been maligning “United Nations Ambassador Susan Rice for an investment portfolio that “includes investments of hundreds of thousands of dollars in several energy companies known for doing business with Iran, according to financial disclosure forms.”
The Evil Party and its devotees have responded by pointing “to ]John] McCain’s financial disclosures, which reveal $1,000 to $15,000 in the JP Morgan International Value Fund. What’s the second-biggest holding in that fund? Why, Royal Dutch Shell, of course. McCain has another $1,000 to $15,000 stake in the JPMorgan Emerging Markets Equity Fund, which invests in China’s CNOOC, which has contracts to ‘develop some of Iran’s biggest oil and gas fields.'”
Two observations: The arguments the Democratic and Republican factions advance exist on a continuum of cretinism. There is no qualitative difference between them. Both Republicans and Democrats agree that Iranians should be crippled economically, when the truth is that Iran should be bartered with, not boycotted. Trade, not democracy, is the best antidote to Iran’s belligerence. The more economically intertwined countries become, the less likely they are to go to war.
The second and secondary point is that the woman (Susan Rice) probably has no idea how all her money is invested. Most people do not examine each and every investment fund they have in their portfolio.
UPDATED (Dec. 2): Rice may, however, be accused of hypocrisy and worse for enforcing sanctions, yet investing in Iran.