Turns out, Cohen writes, it's all the fault of smart people, especially those without values:
The oil industry is full of smart people, and so is the mortgage industry. Smart people seem to have brought us nothing but trouble. Smarts without values is dangerous -- threatening, scary, virtually un-American. This is why a succession of archconservative eccentrics have succeeded. Their values are obvious, often shockingly so. We know what they want, just not how they are ever going to get it. Experience has become a handicap and inexperience a virtue. Smart is out. Dumb is in.