The documentary "Inside Job", a recounting of the financial crisis of 2008, last night won the Oscar for Best Documentary. I have no comment on whether or not it was well-deserved - I assume it was - or on the movie itself, which I haven't seen. But I would like to note the reaction the victory produced in director Charles Ferguson.
Ferguson started his acceptance speech by noting that "three years after our horrific financial crisis caused by financial fraud, not a single financial executive has gone to jail, and that's wrong." Well, he can make the case they committed crimes and deserved to go to jail, if he thinks there's legal reasons for it. But that's not really the point, because of course he's not a lawyer or law professor or even a scholar of finance. He's a movie director who successfully produced a winning film about the subject. It may be highly educational, but that doesn't mean Hollywood has any particular political expertise - all of their protests to the contrary. Politics isn't entertainment - it's dead serious.