The Purpose of Spectacular Wealth, According to a Spectacularly Wealthy Guy
Ever since the financial crisis started, we’ve heard plenty from the 1 percent. We’ve heard them giving defensive testimony in Congressional hearings or issuing anodyne statements flanked by lawyers and image consultants. They typically repeat platitudes about investment, risk-taking and job creation with the veiled contempt that the nation doesn’t understand their contribution. You get the sense that they’re afraid to say what they really believe. What do the superrich say when the cameras aren’t there?
A VERY interesting read. I pride myself on being able to try to see it from “their” POV from time to time, a practice I consider spiritually healthy.
This guy’s logic really doesn’t hold up though. And, as always, what really burns me is that there will be poor people, Dems and Republicans, right and left, that will buy his nonsense wholesale.
A key point is that he makes lots of abstract points. Another key point is that the facts just plain say that the super wealthy gambled with other people’s money. They did not intend to lose their bets. They feel bad that they were wrong.
But at the end of the day they are still stinkin’ rich and always will be. It would take Global Catastrophe to change the fact that they are the rich and the 1%. It would take a miracle to get him and others like him to admit to this and other facts of life.
It’s not that mysterious or controversial to say that the bankers gambled with other people’s money. Knowing all the while that they’d still be rich at the end of the day. Know what? Don’t need to be a Philadelphia (or NY) lawyer to know that much.
15 minutes later…
and the sheer SMARM of the mofo.
the fecklessness that is the Republican party. The unwashed masses, that’s me and you, couldn’t possibly understand the complexities of things like, oh, arithmetic.
Fascist swine. One and all. A vote for W in the day or for Romney in the future is equivalent to having sympathy for this schmuck.
When the arithmetic doesn’t make sense, there’s something wrong. And these hybrid bait and switch artists couldn’t pass remedial ‘rithmetic. They want me to believe that 2 and 2 make 5, or almost 5. Or not quite 4. And oddly enough, with their accounting, it’s always the poor who take it in the shorts.
When the arithmetic doesn’t make sense, and they vote that way anyway, I strongly suspect there is another reason for their ideology. And I don’t care if it’s not popular or it’s talking about your friends and family, but the reason is mean-spirited, or simply hate. One brand or another, the Republican party can’t even say most of their party-line with a straight face.
This story is about a guy who’s in the top .1% of the wealthy. Did you even have to ask what party he supports?
What I have to ask is the question about the poor people who vote for these reptiles. They gave us lamp-shades and soap, and will again, you heard it here first.