tkim,
It isn't madness at all. Affirmative action isn't meant to disenfranchise the status quo; it's meant to level the playing field for all participants. It isn't a permanent solution.
If you look at Asian admission to major American universities, you'll see that there is no preferential treatment given anymore. AA is a policy decision that admits that history has created fundamental differences of opportunity. In fact, it's extremely difficult for Asian students to be admitted to the cream of the crop universities these days.
I believe one thing most Asian Americans don't realize is how much we've benefited from the work of Martin Luther King during the Civil Rights Era.
Yes, education is ingrained into many Asian cultures from early childhoold, but that doesn't mean anybody who doesn't "make it" didn't deserve to make it. Honestly, some folks never get the chance. If you question my opinion here, just ask yourself if there's a difference between attending a run-down public school vs. attending private academies from day one.
Finally, I said it in another thread, but the "work hard" argument is just a way of wrongly putting down people who haven't achieved the same measure of success in society. Everybody understands that most lazy folks won't get very far.
However, there are millions of working poor in America who I assert work just as hard as anybody else, regardless of income. Many of them are in the service economy that pays a pittance compared to executive compensation. Sure, many don't have the education for higher-paying professional jobs, but don't dismiss them as lazy or without work ethic. On a similar note, I disrepect anyone who gives the tired argument that being a corporate exec is an incredibly difficult job that demands the compensation multiple that we see. Simply put, compensation in the U.S. is the most inequitable in the developed world, and a big reason is the old-boys network that exists amongst executives and the board. There's a famous quote from J.P. Morgan that says executives should be compensated at some (maybe 50X) multiple of regular employees. Right now, the multiple is ridiculously higher than his quote.
Not to mention executives who do a lousy job are never held accountable in any fashion. If you are I screw up seriously on a job, we'd be shown the door immediately.