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Back in the saddle after an extended President’s Day weekend. The market has held up well so far after Tuesday’s big rally, and has not given back any of the big gains. Volume has been running light, but the price action has been solid.
The first thing one is likely to notice about the Mount Vernon Statement is that a manifesto supported by many John Yoo-era Republicans asserts that their constitutional conservatism “applies the principle of limited government based on the rule of law to every proposal.” Sure. But Jack Balkin notices something even more striking — the statement is not willing, even on the most abstract level, to commit itself to any form of equality or equal protection of the law. So I think David Frum isn’t going far enough when he posits this hypothetical about a voter examining the statement:
