“The last capitalist we hang shall be the one who sold us the rope.”
~Karl Marx
A better political analyst than some today. Charles Gasparino, in today's New York Post, notes the phenomenon but misdiagnoses it as Stockholm Syndrome:
Immelt says the protesters who are camping out at Zuccotti Park, making life miserable for New Yorkers, make good points that we all need to consider, and “we have to be empathetic and understand that people are not feeling great.”
That echoes similar nonsense recently spewed by Citigroup CEO Vikram Pandit, Larry Fink of Blackrock and a few other banking honchos.
they have no problem using the protests as a way to divert public attention from the real scandal of the economy -- and why it isn’t producing enough jobs.
While President Obama promises crippling taxes and regulations on small businesses, large banks and corporations like GE are cashing in on crony capitalism.
Pandit? He offered to meet with the protesters and called their concerns “completely understandable” -- just as Citigroup announced solid-third quarter profits.
Maybe the outreach is meant to divert the public attention away from the fact that Citigroup wouldn’t exist without the hundreds of billions in taxpayer guarantees and money it got during the financial crisis,
Then there’s Fink, the famously astute Blackrock CEO, who said in a recent speech, “We should not turn our backs on these protests” because they provide “some balance.”
It’s bizarre, watching supposed free-market capitalists defend a movement that is now going beyond banker-bashing and vowing to destroy capitalism itself.
Or maybe they're working on another Marxist theorem:
“Sell a man a fish, he eats for a day, teach a man how to fish, you ruin a wonderful business opportunity.”
And speaking of Marxists, and ropes:
Despite frosty relations with the titans of Wall Street, President Obama has still managed to raise far more money this year from the financial and banking sector than Mitt Romney or any other Republican presidential candidate, according to new fundraising data.
Obama has brought in more money from employees of banks, hedge funds and other financial service companies than all of the GOP candidates combined...
One more time:
“The oppressed are allowed once every few years to decide which particular representatives of the oppressing class are to represent and repress them.”
~ Karl Marx
No, I'm not becoming a Marxist. Or a Leninist. Or a Che Guevara with a mere five-day growth. I'm just thinking that maybe our current business and political class - primarily leftists, and capitalists so steeped in liberalism that they can't see they are essentially earning money by selling off their own body parts - are acolytes of this twisted ideology, and feel they are putting their wealth and power to some type of higher purpose by applying the Marxist maxims. And since it is helping them squire more of both....well, in their eyes, it appears to working, right?
Of course, every other country that has applied this philosophy has fallen into ruin. Just like America currently is. And as far as our political class/oppressing class goes, well, in most nations they are eventually chased out by bayonet. Which is a heartwarming thought. And someone ought to tell our crony capitalists that whores look great when they're 20, but are washed up and suicidal by 30. If they live that long...
Karl Marx never said that, you lose.
ReplyDeleteNice article. Thanks
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