After ‘it’s not happening’, ‘it may be happening, but for different reasons’, and ‘would it be such a bad thing if it was happening?’, we have finally arrived at the ‘it’s happening and it’s a good thing’ stage of the Nigel Farage banking story. This now-familiar pattern of motivated reasoning was first identified by conservative writer Rod Dreher in his law of merited impossibility, which described how progressives could simultaneously hold the views that gay marriage wouldn’t diminish religious liberty and that the religious liberty of opponents of gay marriage ought to be diminished.