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Guest Post: Hating The Rich

Tyler Durden's picture


Submitted by James E. Miller of the Ludwig von Mises Institute of Canada,

In the midst of the extramarital affair scandal involving former CIA director David Petraeus, the mansion which mistress-turned-media target Paula Broadwell is hiding out in was revealed by the Daily Mail. This $2.3 mansion contains seven bedrooms and five bathrooms and is owned by Broadwell’s brother. Some are pointing to the mammoth home as yet another symbol of the vast inequality that pervades the West. It is said that to see the house is to have a glimpse at how the “other side” lives- the other side being subtly hinted to as that of the undeserving bourgeoisie.

In many respects, much of this loathing is well deserved for Ms. Broadwell and her brother Stephen Kranz. A former trial lawyer for the U.S. Department of Justice, Tax Division and Chief Counsel for the District of Columbia’s Office of Tax and Revenue, Kranz is currently a partner at the D.C. law firm Sutherland. Much of his career has focused on the tax code. It appears that he once used the code as a weapon to shakedown other Americans in the service of Uncle Sam. Today, he advocates for taxpayers but the fact remains that he owes his standard of living to the formalized thieving racket the state labels taxation.

So to some degree, a bit of detestation is warranted at Kranz. But consider former presidential candidate Mitt Romney. During the beauty pageant (otherwise called campaign) to become president, the former Governor’s immense wealth was used a basis for attack. He was regularly mocked for the various homes he owned and his net worth of around $250 million. He was criticized for being out of touch with how the majority of the country lived and felt. In other words, he wasn’t a real man of the people.

To that, this writer can only say good riddance. The so-called “people” have been indoctrinated to see wealth as something to take by government force. Romney is by no means a good man- good men rarely make a run for public office. He fell into a great deal of income through second-hand government contracts and political connections. But his intimacy with the state is not why he faced an onslaught of censure. It was simply because he had something few else do - riches.

And because his house was bigger than most, his car collection larger than others, and his tastes more refined, he was hated by the media establishment. Even Romney’s de facto supporters who constituted the “conservative press” were careful to not draw attention to Romney’s wealth. Such would not inspire the hard laborer to rush to the polls in a fevered passion. President Obama ran a campaign based on handing out tickets for an auction of stolen goods. The incumbent’s success on Election Day came as no surprise to anyone familiar with mankind’s universal mannerism of desiring something in the now rather than later.

Western culture is presently defined by many things; one of which being an instilled sense of extreme jaundice toward wealth. No doubt Karl Marx would beam with pleasure in seeing how the contemporary bourgeoisie is regarded with hateful suspicion. His plan of crippling class warfare is slowly taking hold. This isn’t for the reasons Marx envisioned however. In his incredibly flawed understanding, the bourgeoisie would suck the very living out of the proletariat by keeping their hands clenched around society’s capital.

Instead, the accumulation of capital has financed the advent of modern technology. Man now lives longer, consumes more calories, is more mobile, and has ready access to a centuries worth of information. But rather than aid in the masses’ search for truth, the rise in convenience has made the species soft. The ignorant now cling to juvenile appeals of nationalism and the prospect of having government officials redistribute wealth in the name of justice.

Before the twentieth century and the ascendance of the all-intrusive state, sumptuous living was typically seen as something to aspire to. It aroused jealously which fueled a lust for reaching such heights of luxury; not to pick away at success. With its various schemes of theft, the state has institutionalized that which would be considered a crime if done by private hands. It has attracted those who not only relish in stealing by legal decree but also the voters who have a fetish for knocking those more successful down a peg. In short, it has turned envy into a laudable trait which can in turn be used to mask some political scheme.

A great deal of this can be attributed to the government granting of privilege to the well-connected. As long as the state exists, there will be a class of people who use political means to acquire vast swaths of riches. Their opulence feeds the feelings of animus the average man has towards the moneyed. It is through democracy that this hate is put into concrete action. As Albert Jay Nock writes,

Above all things the mass-mind is most bitterly resentful of superiority. It will not tolerate the thoughts of an elite; and under a political system of universal suffrage, the mass-mind is enabled to make it antipathies prevail by the sheer force of numbers.

Democracy isn’t just mob rule; it is a social system which the most craven tendencies of man are appealed to for political success. Instead of standing true for a justice that is based on a set of moral principles, the elected official will sink to whatever cesspool of indecency is necessary to garner just a few more votes. Democracy may start off as a means for self-determination but it quickly devolves into a race to the bottom fueled by endless promises to fill the public trough for the swine to feed at.

The bourgeoisie values of prudence and temperance are no longer respected in the Western world. They are seen as anachronistic and not in tune with the needs of society. This is a self-defeating attitude that will only lead to further impoverishment. For as long as success is punished and high time preferences are rewarded, the capacity for productive efforts deteriorates.

Coercive egalitarianism based on ill feelings of Schadenfreud is a cancer. There is no conceivable benefit in everyone being equal. There is only one moral social system and that is free, unadulterated capitalism which gives everyone the chance to improve their own standing. Anything less represents the triumph of the idiotic masses over good sense.


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Fri, 11/23/2012 - 13:52 | 3006835 BLOTTO
BLOTTO's picture

The world can NO LONGER afford the global elite.



Fri, 11/23/2012 - 13:57 | 3006854 falak pema
falak pema's picture

well said. If we move back in human regression big time, watch out for the resurgence of cannibalism; the lean eat the fat. 

Radical cure to obesity! 

"Yonder Cassius has a lean and hungry look!" ...Yikes! 

Fri, 11/23/2012 - 18:45 | 3007509 Publicus
Publicus's picture

All wealth is created by labor.

There's really only two kinds of people in a capitalist economy: creators of wealth vs accumulators of wealth.

Fri, 11/23/2012 - 21:03 | 3007802 philipat
philipat's picture

My wealth was created by MY labour. And, I must say, I am quite enjoying it .

Fri, 11/23/2012 - 21:14 | 3007819 CH1
CH1's picture

All wealth is created by labor.


Digging holes then filling them is labor, and it creates zero wealth.

Labor is an important component of wealth, but without knowledge, will, adaptation and cooperation, it is useless.


Fri, 11/23/2012 - 22:09 | 3007900 midtowng
midtowng's picture

Just because not all labor creates wealth doesn't discount the fact that labor creates all wealth.

Sat, 11/24/2012 - 00:02 | 3008047 CH1
CH1's picture

Labor, as in physical work (see a couple of posts below on definitions) is PART of wealth creation. It does not "create wealth." Rather, it contributes to creating wealth.

Sat, 11/24/2012 - 05:42 | 3008193 jeff montanye
jeff montanye's picture

capital is stored labor.  natural resources are part too.  start with the birth of agriculture and think it out.

however the post's "Before the twentieth century and the ascendance of the all-intrusive state, sumptuous living was typically seen as something to aspire to. It aroused jealously which fueled a lust for reaching such heights of luxury; not to pick away at success." i think misreads history.  

the french revolution didn't just seem to aspire to the luxury of the ancien regime.  there was some serious picking away at success. in the u.s. the assassination of two presidents in a generation (garfield, mckinley) and near constant labor riots speak of more than aspiration to wealth. as with romney, "success" is not just or, perhaps, even primarily, about hard, smart work.  it is sometimes about being born into advantage (as i was).  

Sun, 11/25/2012 - 19:03 | 3010349 All Risk No Reward
All Risk No Reward's picture

This article makes no sense without addressing the fraudulent debt based monetary system - Debt Money Tyranny:

Why should the citizenry have to borrow its "money," at interest such that the debt is mathematically unpayable, from a bunch of psychopathic criminal international banksters?

The Mises guys don't "get it" and play the role of controlled opposition so long as they don't beat on this table.

Note to Ron Paul - The Fed isn't stupid, they are traitorous criminals.  They are looting the nation dry.  They aren't trying to prop up the economy that can't be propped up, they are looting us dry before the eventual collapse that they orchestrated so they can buy stuff up for pennies on the dollar and consolidate the country under their corporate fronts.

This lack of insight and pro corporate stance of Mises, etc...  is likely the reason that the Rockefeller Foundation funded Mises and the reason Mises accepted cash from the devil's minions.

Now, I like much of what Ron Paul says.  I look forward to Lew Rockwell's podcasts.  They do much good.  But until they expose the mechanics and criminality, not of "fiat," but of debt based money and expose the Big Finance Capital cartel that runs it (along with every major corporation - including Rockwell's beloved Amazon), the people will be left confused on shifting sand.

Rockwell should expose and boycott Amazon as Big Finance Capital front corporation...  part of thw Wizards's "curtain" of deception, as it were.  Instead, he grovels to it because he makes a little cash while "Rome" at the hands of the Owners and Controllers of companies such as Amazon.

I saw a documentary (Daniel Ellsburg: The Most Dangerous Man in America?) where a Vietnamese farmer's daughter was killed in the Vietnam War.  He was distraught and wanted the reporter to give LBJ his daughter's shirt so he could know the hell and evil that he was unleashing on animal based farming community.  In the background was a village mate drinking Coca-Cola.  Guess who is majority owner and controler of Coca-Cola?  The same crowd that is majority owner and controler of the MIC that took Operation Noerthwoods (look it up and read it!) live against Vietnam!  The villager was financing the very people who was bombing his village!

Rockwell plays the village mate roll by shilling for Amazon.

He should know better than to actively promote the Big Finance Capital funding and societal debt saturating mechanism - but the controlled opposition has apparently never delivered this insight. 

Fri, 11/23/2012 - 23:51 | 3008035 Dr. Sandi
Dr. Sandi's picture


Labor is an important component of wealth, but without knowledge, will, adaptation and cooperation, it is useless.

Acquiring knowledge, gaining the will, learning to adapt and cooperate are ALL LABOR. They are not handed out by the tooth fairy. Therefore, they are LABOR.

Willful misunderstanding and repetition of this looter crap is what makes it possible for the loathsomely lazy to live off the labor of others.

You don't have to dig a hole to be laboring. But you DO have to be doing something useful that creates wealth. Actual wealth, not just money. Something of value must be the result, whether it's food, trucks, socks or salad shooters. Or even organizing others to create something of value, this also counts as labor.

Digging a hole and filling it back in isn't labor, its exercise. And most likely part of an exercise program backed by government funds, funds taken from the labor of real people.

People who socially engineer other people to create wealth for them are certainly laboring. However, people who move stock certificates around to the detriment of the value of the company represented by that stock are not laboring, they are looting. They create no wealth, even if they are given much money in exchange for their frauds.

Labor creates something of value. If your guidance of others' labor creates something of value, then you are also laboring. If your guidance of others' labor destroys capital, then you are looting, not laboring.

When you watch a ripe apple fall to the ground, you are loafing. When you pick it up for later use, you are laboring. Even though you had nothing to do with the planting or care of the tree, your simple act of putting the apple into use gives it value and is, therefore, labor.

And if you let the apple rot in your pocket, you are now an arm of the government.

Sat, 11/24/2012 - 00:01 | 3008045 CH1
CH1's picture

Getting Knowledge = Labor is not, in my experience, a common definition. If we are to take that definition, no problem.

Sat, 11/24/2012 - 01:22 | 3008112 willwork4food
willwork4food's picture

+1 to you and the good Doctor.

Sat, 11/24/2012 - 02:18 | 3008144 PrintingPress
PrintingPress's picture

So you've never had to study for a test?  Taking all of that information in the book and turning it into "useful" knowledge? 

Sat, 11/24/2012 - 10:51 | 3008309 falak pema
falak pema's picture

capitalisation of knowledge requires labour. In fact all productive capitalisation is labour intensive. Human energy is the source of all riches; as of all poverty other than acts of God; or Venus, if you believe in the she-version both of all-knowing-one as of the devil. 

I'll have my devil naked on the rocks. 

Fri, 11/23/2012 - 22:35 | 3007941 Ctrl_P
Ctrl_P's picture

+1 for Cassius.


Welcome to the new boss, same as the old boss.

Fri, 11/23/2012 - 14:02 | 3006878 slaughterer
slaughterer's picture

Let's all enjoy this article over a bottle of 1990 Lafite Rothschild and a Twinkie. 

Fri, 11/23/2012 - 20:35 | 3007675 nmewn
nmewn's picture

I can't believe this article rated so low.

So again I'll throw it out there...if the state is going to confiscate wealth...why would the welfare mom even bother playing the lottery?


Does my socialist/statist, cowardly, junker have a comment to make or does he prefer to manipulate opinion from the shadows as usual?

Fri, 11/23/2012 - 22:23 | 3007922 Lord Koos
Lord Koos's picture

"Before the twentieth century and the ascendance of the all-intrusive state, sumptuous living was typically seen as something to aspire to."

Shouldn't you start up the front loader before depositing such a large pile of bullshit?  

Does the word "revolution" ring a bell?

Sat, 11/24/2012 - 07:07 | 3008221 Tsukato
Tsukato's picture

I'm really sick of all the "have nots" bitching and whining, and crying for revolution. American Homo Penguinicus is reaping what he deserves. Too many imbiciles lived way beyond their means thinking the party would never end. Well it ended, and how's that working out for y'all? Now you cry things aren't fair. Fuck all of you socialist bitches!

Sat, 11/24/2012 - 17:42 | 3008814 Ident 7777 economy
Ident 7777 economy's picture

Also note many of the 'have nots' are posting WAY above their (intellectual) means as well ...

Sat, 11/24/2012 - 20:06 | 3009028 Incubus
Incubus's picture

I'm a have and I did little to get this way; lolinheritance.


Jealous? Yeah. GoCapitalism!

Sun, 11/25/2012 - 19:13 | 3010370 All Risk No Reward
All Risk No Reward's picture

But they aren't getting socialism, they are getting oligarch controlled financial (hardening rather quickly to become a militarized police state) authoritarian fascism.

Rather than falling prey to the socialsim / capitalsim false dialectic, how about reject the false narrative and point people towards what is real.

Everyone who isn't a psychopathic international banking cartel owner, controller or minion has a Debt Money Tyranny beef with the current wicked system.  The following chart explains it in sufficient detail:

Detb Money Tyranny:

Got that?  Your country, your state, your city and your community are being driven into bankruptcy through a mathematically unpayable debt con game.

Now, you seem to think you are "safe" from the consequences of such.  For a time you should be.

But suggest you look long term - as these criminals continue to wipe out people below your financial level, you get closer and closer to their bullseye.

Yes, the financial morons were played like the greedy, irrational, miseducated fools they were.  They were punked.  They were chumps.  They were fools.  But they have no POWER.


We need those who can know to have perspective and beat this drum exposing the monetary fraud until it becomes common place.

The whole "socialism / capitalism" false narrative is a 100% waste of time BECAUSE IT ISN'T REAL.

Sat, 11/24/2012 - 09:20 | 3008264 nmewn
nmewn's picture

"Does the word "revolution" ring a bell?"

Bring it on Koos, it seems that's what your heart is set on...a little less talk and a lot more action.

"Before the twentieth century and the ascendance of the all-intrusive state, sumptuous living was typically seen as something to aspire to."

Pretty sure he said "typically". He didn't say all. If you want to live lke a hermit and dumpster dive the rest of your life, go right ahead, no ones stopping you.

Sat, 11/24/2012 - 09:35 | 3008270 Rusty Diggins
Rusty Diggins's picture

"If you want to live lke a hermit and dumpster dive the rest of your life, go right ahead, no ones stopping you."


I don't know about that, the Santa Fe police just rousted me from the Trader Joes dumpster, shit that meat was going to go bad in another day.

Sat, 11/24/2012 - 10:29 | 3008297 Clark Bent
Clark Bent's picture


Sat, 11/24/2012 - 02:26 | 3008146 mark mchugh
mark mchugh's picture

James Miller is too much of an idiot to talk to or about.  And seriously, I'm getting pretty fed up with people who can't think their way out of a wet paper bag.  Know why banana republics suck?  Because they allow wealth to be concentrated in the hands of an undeserving few.

I'm sure that those blood-suckers believe they earned their wealth too.

Ten trillion psuedo-dollars have been printed up and handed out by the US government in the last twelve years.  Contrary to what you may think, most of that money didn't go to buying ghetto-folk blocks of cheese.  Nope.  It goes to well-connected  douche-bags like Romney.

No huge deficits...No mega-bucks Mitt Romney.  How can you not get that?

He is the true poster-child of the welfare state.  Literally too fucking stupid to understand that his wealth was acquired from the debts government has burdened millions with.

We paid "Moon Base" Gingrich 1.5 MILLION dollars to write a paper on the GSEs.  You wanna talk about "wealth distribution"?  There you go...

As an American doing his best to pull his own weight while the government heaps more and more debt on my family's back, which do you think I'm more pissed about: The black kid who got a cheeseburger tonight or the vulture who got rich shipping jobs overseas, raiding pensions and hiding money in the Cayaman's?

Now I ask you, which one's the abomination of the system in your mind?

Sat, 11/24/2012 - 06:36 | 3008212 Tsukato
Tsukato's picture

You are too fucking much!

He is the true poster-child of the welfare state.  Literally too fucking stupid to understand that his wealth was acquired from the debts government has burdened millions with.

You would do the same if you had half a brain.

As an American doing his best to pull his own weight while the government heaps more and more debt on my family's back, which do you think I'm more pissed about: The black kid who got a cheeseburger tonight or the vulture who got rich shipping jobs overseas, raiding pensions and hiding money in the Cayaman's?

You're a fucking fool. In any system you must know the game is rigged, and get yourslf in the position to profit from the corruption. If you're not smart enough to figure that one out, why the hell are you having kids for chrisstsakes?!

Shipping jobs abroad is a bad thing!? Why?! It's a stupid thing to pay more for labor than is necessary. Are you for real???????

And also, what have you got against someone trying to keep the fruits of their labor? Should we willingly give it away to the less intelligent, the lazy?! Fuck no. Pull your head outa your ass.

Lastly, the black kid who got a cheeseburger. What are you... some kinda racist? Blacks aren't smart enough to earn the money to buy a burger?! You really are shameless. However, if you think my money should be used to buy him a burger, then fuck him and you. People of your ilk really needn't add to the gene pool. You should go out and kill that kid, and then turn the gun on yourself. Fucking socialist degenerate.

Sat, 11/24/2012 - 09:39 | 3008273 Rusty Diggins
Rusty Diggins's picture

So the only reason to live, "to suceed" is to give up your will and "play the corrupt system"?  Right, I'm heading back to the ship then.

Sat, 11/24/2012 - 11:15 | 3008339 Tsukato
Tsukato's picture

I think I come across as rather one dimensional in this posting. Actually, I am looking at things in a completely different way than most folks here. Through personal experience, and years of meditation, I understand that none of this exists actually except in Mind. There is no actual real ness in this existence we take as reality. That being the case, anything that we are seeing, experiencing, etc. has no inherent worth as in being right or wrong. There is no right or wrong, no birth or death. The only thing that exists in this domain of mind is "the game". In the game, one tries to get what one wants by any means. Limitation has no place here. If you limit yourself, it's your own self induced handicap. So anyway, though I am no fan of the shitheads milking the system, I have to agree with what they are doing because I would probably do the same thing in their situations. That actually includes the uber rich talking about culling 90% of the population. Sounds about right to me, and will make the game more interesting to boot.
Ps... I'm also an American living in china. I understand the virtues and benefits of corruption. It's a beautiful, streamlined way of getting action done. Only chumps and delusionals don't see it's merits.

Sun, 11/25/2012 - 00:42 | 3009377 mark mchugh
mark mchugh's picture

I think you meant years of masturbation.

Sat, 11/24/2012 - 12:50 | 3008464 mark mchugh
mark mchugh's picture

 I can only hope you are getting paid well for blasting out cranial diarrhea.  It would be tragic to think that you actually believe what you wrote.

Me socialist?  You're too funny.  I'm what both socialists and psuedo-capitalists fear most:  Zero Deficits!

Fri, 11/23/2012 - 21:07 | 3007807 philipat
philipat's picture

Agreed except that 1990 wasn't a very good year, can we make that a 1982? Oh, and can I skip the Twinkie for some foie gras?

Sat, 11/24/2012 - 01:26 | 3008116 willwork4food
willwork4food's picture

How 'bout a nice cold Heineken instead?  I'll buy the nuts. Pussies.

Fri, 11/23/2012 - 16:22 | 3007227 Qualitative Tig...
Qualitative Tightening's picture

I understand your qualms with said 'global elite', but, anyone who thinks the 'global elite' are the only people with wealth is just being one of the misinformed sheep that this piece discusses. Entrepreneurs, via the free markets (whats left of them at least), use their creative talents to create businesses, and if successful, they end up creating many jobs (careers) and are rewarded by said free markets with wealth. This is not a bad thing, but rather something of great logic and beauty, and ultimately we need more of it, not less.

Sat, 11/24/2012 - 02:51 | 3008156 geewhiz
geewhiz's picture

Sums it up. People with a redistributionist bent oftentimes confuse croneyism with capitalism.

Fri, 11/23/2012 - 17:36 | 3007242 Call me Ishmael
Call me Ishmael's picture

According to Ray Dalio, America has $3 trillion of money and $50 trillion of debt.

Delusions only have truth that we afford them. Let's talk about who issues debt. This argument is tired. Let's figure out a more just way to make food and the finer things flow from the scumbags to those who make life a place for the living.

We have abundant resources and oceans on both sides of us. The apparatus the criminals built on top of the constitution is teetering. The future can be bright.

Instead of bringing all these beached whales food we could be carving them up and eating them.

Fri, 11/23/2012 - 18:45 | 3007511 archon
archon's picture

So, let's see if I get this...  Romney earns money turning around struggling businesses, and pays taxes on his income earned from that.  Some of those taxes are used to pay for government contracts, some of which are awarded to Romney's company, which then allows him to recover some of the money he paid in taxes in the first place.

Obama never works a real job in his entire life, and grows fat and rich at the publich trough.  Obama earns his "living" by hating rich people (except those who become rich the way he did, of course) and causing class warfare.  All the income he earns was first taken from someone like Romney by way of taxation, and all the taxes he pays are in reality taxes of taxes.

Although I may concede that no "global elite" are without their flaws, it seems to me that some global elite are preferable to others.

Fri, 11/23/2012 - 19:13 | 3007559 RockyRacoon
RockyRacoon's picture

I rated the article a 2 for its cliched and trite arguments.  I give your comment about the same for your narrow and partisan view.  Everything can't be boiled down to thought morsels.  A broader and more studied consideration of all the situations has to be the rule, or any semblance of a solution will appear further and further away.  Cause and effect aren't so simple as either you or the article would like.

Besides, I have a particular hatred for plagiarism:

"Every election is a sort of advance auction sale of stolen goods."

 -- H. L. Mencken

Fri, 11/23/2012 - 19:20 | 3007576 Dr. Sandi
Dr. Sandi's picture

I rated it 1 because of the source. Same asshole, different shit.

Fri, 11/23/2012 - 21:43 | 3007858 archon
archon's picture

I love Mencken, he also said, "Democracy is the theory that the common people know what they want and deserve to get it good and hard. "

If you're indifferent to the quality of the "global elites" that you would have to govern you, then you only assure that you will be governed by nothing but the very worst.

Sat, 11/24/2012 - 00:50 | 3008087 Anusocracy
Anusocracy's picture

Mencken was incredible.


Democracy is the art and science of running the circus from the monkey cage.
H. L. Mencken

Sat, 11/24/2012 - 06:31 | 3008209 archon
archon's picture

HAHAhaha...  good one.  How about:

"The urge to save humanity is almost always only a false-face for the urge to rule it. "

Sat, 11/24/2012 - 10:37 | 3008299 Clark Bent
Clark Bent's picture

Truly, if we are to be ruled, can't we find a person and program that is worthy of some respect? Must the leader always be the stupidest, lowest-class, vilest douchebag locatable? Is there anything about the POS in the WH that isn't odious and embarrassing? The man is a cretin on all apparent levels, public and private. Odious rotter.  

Sat, 11/24/2012 - 15:51 | 3008655 Cathartes Aura
Cathartes Aura's picture

the system describes the participants, and the system is rotten to the core.

as are all who participate.  act accordingly.  you may just be the "ruler" you've been waiting for.

Sat, 11/24/2012 - 10:44 | 3008302 MillionDollarBoner_
MillionDollarBoner_'s picture

I don't have a problem with wealth.

I do have a big problem with ill-gotten gains.

Especially as it is a nil-sum outcome I.e. if one person gets richer by being connected, crooked or swindling - others must be the poorer for it in equal amount.

Free Jon Corzine!!!

Fri, 11/23/2012 - 13:54 | 3006844 Joebloinvestor
Joebloinvestor's picture

Hating the wealthy?


How they got it, YES.

Wether they are prosecuted for it?

Yes again.

I am still pissed that Hillary turned $10k into $100k and there was never a record of trades.

They should have just given her the money in a bowling bag.

Fri, 11/23/2012 - 14:36 | 3006986 SWCroaker
SWCroaker's picture

You (and I, and the 18 or so who have bothered thumbs up) are in a minority: we know that "rich" and "ill gotten" are two often but not always overlapping circles on a Venn diagram.

I'm sadly coming to the conclusion that the article's author *is* correct; hate of "rich" is being deliberately promoted as a tool by a numerical few at the top (ironically most of which might be rightly judged to be "rich" from "ill gotten" means), in an effort to grab and solidify power.  Entitlements are a cancer that self perpetuate.

Fri, 11/23/2012 - 14:52 | 3007038 Blankman
Blankman's picture

swcroaker - what you wrote is exactly how I have been trying to organize it in my head.  Who started the whole hate of rich?  Probably some rich guy trying to divide the masses even further.  For instance Mitt Romney's net worth is reported at 250 million how does this compare to Barack OBama's net worth of 12 million.  Barack is also a millionaire but because he is only worth 12 mil he is not considered rich?  12 mill is quite rich if you ask me.  I'm not trying to pit Dems vs Repubs but just show that politics are sports for the wealthy.  You sit around watching football on monday night while these guys sit around trying to gain power for themselves on a nightly basis.  Politics = rich guy sports.

Sat, 11/24/2012 - 10:47 | 3008305 Clark Bent
Clark Bent's picture

Marxism has always been the hobby of rich-kid ne'er do wells. Only a true idiot can beleive the nonsense spouted, but a cunning scumbag can detect its potential for manipulating the stupid and the envious. First, advance a consumer culture where materialism is the measure of personal worth. Disdain honor and religion, teach people that what they want right now is the most sacred principle. Tell them they owe nothing to their parents, their spouses and their inadvertent offspring. Once you've laid the groundwork, you now have in your hands the motivators, which are lucre, self-righteous revenge, and absolution from any conscience. Come as a Messiah and tell the vermin you can offer them flashy status-pregnant consumer articles and rationalization for their roles in their own debased existence. Suggest to them that they have some exalted status based on their indolence, romanticism, and envy...let them think that you are just like them. Maybe run a Negro for President, after all they are so authentic and real. Then contact them on their cell phones you have provided, just like you're all buddies and now we're going to go out and kick ass on stodgy old civilization. Then split the spoils. There is no tomorrow. Osama is dead and GM is alive. 

Sat, 11/24/2012 - 15:57 | 3008667 Cathartes Aura
Cathartes Aura's picture

PS:  if you genuinely believe having a "Negro for President" is part of the/problem, then you're playing into their hands Clark.

Obama is intentional - the other blue team "choice" might have been a woman, equally a target for white male ire and resentment.

think about it.

Fri, 11/23/2012 - 14:37 | 3006990 mayhem_korner
mayhem_korner's picture

Hating the wealthy?


How they got it, YES.


Your post leaves no room for the possibility that some earned their wealth.  In my view, the number of people who subscribe to that belief is far larger than the number of dishonest wealthy.  The result is that the will of the masses incorrectly pushes ever onward toward socialism.

Fri, 11/23/2012 - 15:00 | 3007060 Gazooks
Gazooks's picture

The "will of the masses" is simply survival, most haven't a clue what comprises the truly super rich.


Anyone here that thinks aspiring Romney as one of the upper elite is equally ignorant of what filthy rich actually means.


The true capital of America is its youth. It's that capital in dire jepardy being mindlessly squandered by the gluttony of the uber rich.


Fuck them and their agents one and all.

Sat, 11/24/2012 - 07:33 | 3008227 Tsukato
Tsukato's picture

The true capital of America is its youth.

Bwahaha!!!! That's rich! have you looked out your window recently, and seen the quality of the West's youth?!

Everything was bound to go to shit.

Fri, 11/23/2012 - 15:25 | 3007116 Joebloinvestor
Joebloinvestor's picture

I said "How they got it".

How much more plain is that?



Fri, 11/23/2012 - 20:12 | 3007691 nmewn
nmewn's picture

"I said "How they got it".

It's mind numbing.

The people who down rated must believe "the state" is the best arbiter of all wealth. For the honest wealthy, the hard work, savings at risk, long hours, FAILURE followed finally by success means nothing.

A sad day.

Sat, 11/24/2012 - 03:42 | 3008168 mark mchugh
mark mchugh's picture

For cryin' out loud. 

It's a sad day when someone as smart as you doesn't understand that 40% of GDP comes directly from government spending (and every dollar gets spent more than once) the government isn't the best arbiter of wealth, it's the ONLY arbiter of wealth.

The private sector is gone thanks to people like Mitt Romney.

Mitt's not some guy who started out as a bus boy and opened a chain of successful restaurants.  Nor can he dunk or throw a footbal 65 yards.  Notice no one ever bitches about those people making good coin, because those people are subjected to real-life market forces. 

Our financial system and our government are shielded from real market forces.  When the tax base gets destroyed because corporation's increased profits by shipping job overseas the government fills the gaps by borrowing money (which burdens all of us) and tells the corporation to keep those "hard earned" profits.  Don't worry about taxes....we got it.

It's sad alright.

Sat, 11/24/2012 - 09:07 | 3008258 nmewn
nmewn's picture

What the hell is wrong with you Mark?

I was defending Jobloinvestor's comment as to HOW someone became wealthy is what really matters not whether they are wealthy. Do you really have anger at someone who created a product or service, employed thousands so that they had the opportunity to achieve wealth or at least made a decent living AS OPPOSED TO someone like a Jon Corzine, Soros or Rubin who manipulates society and the state for their wealth?

You can't separate these two things in your head?

"doesn't understand that 40% of GDP comes directly from government spending"

I think you mean 40% of every dollar spent by government comes from borrowing. Government spending makes up around thirty percent of GDP. And you already know how (or should know) I feel about using GDP as a yardstick for measuring a nations welfare...Kuznets himself warned about using GDP...“the welfare of a nation can scarcely be inferred from a measurement of national income.”

But then (by way of some weird example) you launch into an attack on Mitt Romney who never held a federal office in his life. Why not Clinton? He signed NAFTA didn't he? He listened to Rubin...didn't he!?!? Obama and his Do-Nothing-But-Tax-Partners in Congress just borrowed and spent MORE than any previous administration in our history...COMBINED!!! Mitt fucking Romney? WTF!

"Our financial system and our government are shielded from real market forces. When the tax base gets destroyed because corporation's increased profits by shipping job overseas the government fills the gaps by borrowing money (which burdens all of us) and tells the corporation to keep those "hard earned" profits."

Corporate taxes are passed through to the consumer to maintain profitability. Without profit motive there is no job to do. We've got one of the highest corporate tax rates in the developed world RIGHT NOW. And you want what...them to do what?...go higher? Really?

Cost of labor is usually the highest outlay of any corporation, then you pile on regulatory compliance brought about by government and you want to talk about "market forces"? Give me a fucking break...strip away 3/4 of the absolute bulshit a company has to deal with here and I'd be willing to bet a good portion of those jobs would come back. You want heavy industry for low skilled and highly skilled jobs but you do everything to stand in its is that working out?

Then we get to this thing from Jekyl Island.

It was put in place for precisely this reason. Politicians don't have to make the tough choices on tax & spending anymore. The EBT, unemployment, SNAP, WIC etc. for the unemployed masses gets reloaded from thin air. How convient...or is it?

Fri, 11/23/2012 - 16:18 | 3007217 Diogenes
Diogenes's picture

They did. She had a discretionary account which means her broker made the trades for her. The broker made the trades during the day and decided which account to assign them to after he knew if they were successful or not. Guess which ones he assigned to his boss's buddy Hilary?

And as for the other ones, the discretionary accounts that did not belong to the governor's wife took a beating.

Now you know why 9 out of 10 commodity accounts lose their money in a 50/50 game.

Fri, 11/23/2012 - 13:57 | 3006853 aleph0
aleph0's picture

"government granting of privilege to the well-connected"

Yes .. I'm sure that nobody has anything against getting rich , or the rich themselves , but when these cheats , looters & cronies go unprosecuted ... that is really ... "too rich" !

Fri, 11/23/2012 - 15:39 | 3007142 A Nanny Moose
A Nanny Moose's picture

The divide isn't between rich and poor, but between the productive class, and the looter class.

Fri, 11/23/2012 - 19:21 | 3007578 Dr. Sandi
Dr. Sandi's picture

MY divide is between the worker and the thief.

Fri, 11/23/2012 - 16:50 | 3007271 calltoaccount
calltoaccount's picture

If people understood how crooked the deck was across the board...and that it's a top down problem... that lying, cheating and stealing are the prime drivers of crony capitalism.  That fraud was the rule, not the exception throughout the corptocracy, we'd be a lot closer to beginning to solve the problem.  But they don't.  Yet.  Because captured mainstream pols and media (abetted by corrupted government failure to enforce laws on the books against lying, cheating and stealing) pretend otherwise. 


Fri, 11/23/2012 - 19:59 | 3007656 DosZap
DosZap's picture

Yes .. I'm sure that nobody has anything against getting rich , or the rich themselves , but when these cheats , looters & cronies go unprosecuted ... that is really ... "too rich" !


Bro, u missed the entire point.

The reason they are not prosecuted is the Prosecutors, are also on the dole.

That's how it work's in the Sindicate.

Fri, 11/23/2012 - 13:56 | 3006856 mrktwtch2
mrktwtch2's picture

i know i wont ever be wealthy but i have found out that most of them.. about 85% are self they do deserve it..but as steve jobs can tell you health is way more important than

Fri, 11/23/2012 - 14:14 | 3006920 xtop23
xtop23's picture

1) it depends on what you consider "wealthy"

2) most wealth of the "self made" type was accomplished when markets were considerably less geared toward large corporations and we were still in the early stages of ever-increasing / ever-expanding bubbles.

3) you can still build a better mousetrap and become wealthy but it is considerably harder today than decades prior. 

4) as far as the "up and coming" wealthy? Your 85% self-made estimation is woefully optimistic. I would guess somewhere near the order of 90%+ are "connected" and commited crony-capitalists that succeed through government largesse rather than through recognition of a service or product need that the true market desires.

5) start-up capital is VERY difficult to obtain. Unless of course you're connected ( see no.4 ) 

Fri, 11/23/2012 - 14:58 | 3007034 BigJim
BigJim's picture

 ...i know i wont ever be wealthy but i have found out that most of them.. about 85% are self made..

Me too. But those are the only ones you (and I) will ever get to meet; the Rothschilds and Lombards and Rockefellers et al occupy a privileged stratum into which we will almost certainly never glimpse. And they haven't 'earned' their money.

What Miller and similar hard-core libertarians seem to forget is that a lot of the existing stock of wealth has been handed down through the generations to its current owners from people who did not gain their land through homesteading rights, but from murdering the original inhabitants. These descendants occupy rentier positions in society and do absolutely nothing to earn their way, and are kept there by the very 'property rights' that libertarians loudly espouse but that can only be enforced by the very governments they criticise (much of the public anger at 'The Rich' derives from the popular conflation of inherited (unearned) wealth and wealth earned through creating and exchanging value in a free marketplace). I can't think of a single square inch of Europe, for instance, that hasn't at some stage been seized from the only inhabitants who had any kind of rightful claim to it via homesteading. Yes, it's too late to make reparations; but that's not what I'm proposing.

I consider myself a libertarian but there needs to be a rethink of how we allow natural resources (including such things as land) to be exploited. Much land in Europe is owned by people whose forebears had it granted to them for doing favours to despots. Get rid of income taxes (ie, taxes on the flow of wealth) and start taxing access to natural resources, a la the 10 yearly electromagnetic spectrum auctions by which we grant exclusive access to bits of the airwaves. One of the major functions of government is enforcement of property rights - well, property owners should be the ones who stump up for it, and in proportion to their properties' market value.

Sat, 11/24/2012 - 09:54 | 3008280 tip e. canoe
tip e. canoe's picture

check out geolibertarianism for concepts similar to what you wrote here.

Sat, 11/24/2012 - 11:04 | 3008319 Clark Bent
Clark Bent's picture

While we're re-thinking. You might want to re-think your assertion that governments protect property rights. Our main problem is that the powerful dilute property rights constantly to acquire all assets for use in advancing political goals. In my observation, the business that government is in is corruption. It asserts control over property, assets, labor, and every useful and valuable thing that exists, and then sells it back to the people for the price of power, status, and riches. They sell this structure these days by telling us that our betters, i.e. the technical experts (like the fraudsters who invented and packaged the global wamring scam) are best positioned to allocate resources. Notice that by calling them "resources" I neatly excise any individual's property rights in said items and secure them to the ownership of the collective. A mindless fiction that is actually the voice of political expediency for the scumbags who have clawed their way to the top of shit-heap currently, until they too are thrown down by scandal, attrition, or murder. Giving any power to goverments is at best merely risky. Usually it is fatal to liberty and human dignty.  

Sat, 11/24/2012 - 16:01 | 3008681 Cathartes Aura
Cathartes Aura's picture


particularly the "property rights" of human bodies, and the "libertarians" who seek to usurp a woman's "liberty and human dignity."

Fri, 11/23/2012 - 13:57 | 3006859 sbenard
sbenard's picture

I recommend The Law by Frederic Bastiat. It is one of the great classics in libertarian philosophy. The more I read, the more I recognize how broken things are! We are now 180 degrees from where we should be!

This is not going to end pretty! Plan and prepare accordingly!

Fri, 11/23/2012 - 14:04 | 3006883 beaglebog
beaglebog's picture

A fabulous work, by Bastiat. 


Maybe not an easy read to the modern eye, but well worth the trouble.

Fri, 11/23/2012 - 18:57 | 3007533 Being Free
Being Free's picture

Thanks sbenard.  I'll add it to the list.

Fri, 11/23/2012 - 13:57 | 3006860 RopeADope
RopeADope's picture

It must be a slow day if this sort of trash article is posted on ZH.

Fri, 11/23/2012 - 18:43 | 3007507 sumo
sumo's picture

Fully agree.

ZH used to be a haven from the Red team/Blue Team brands of Stupid. But lately I've noticed heavy upticks in Stupid-brand marketing.

One particularly sneaky lie, in today's shill's effort, is the Brand Statement that the wealthy are mostly entrepreneurs instead of rentiers. Both Red and Blue teams push that one, but the Rethugs push it harder (yeah, quelle surprise).

Is this a deliberate attempt to neutralize ZH? "Poisoning the well", as the disinfo intell crowd call it? ZH has had a long bull run, steadily increasing in power and influence.

Brand Stupid marketers can't be happy about that. Maybe this is pushback against their competition - dumbing down ZH.



Fri, 11/23/2012 - 20:33 | 3007735 Cathartes Aura
Cathartes Aura's picture

it's an election year, so people's minds are focused on pickin' teams, easily exploited by sites seeking "voting" on thread.

it's in the comment threads that voices can be heard - it's the opinions posted "above the line" that are sometimes suspect, particularly when they are un-questioned by comments, merely parroted.

Fight Club, not Fan Club.

Fri, 11/23/2012 - 22:51 | 3007971 StychoKiller
StychoKiller's picture

Does good exist in a Universe where there is no evil?

Sat, 11/24/2012 - 01:52 | 3008125 willwork4food
willwork4food's picture

Does dark exist in a universe where there is all light?


Sat, 11/24/2012 - 00:58 | 3008097 MeBizarro
MeBizarro's picture

This guy has been a contributor on here for a while and he contributes very little usually in his posts besides ranting.  

Sat, 11/24/2012 - 01:57 | 3008132 geoffr
geoffr's picture

Mises Institute hardly counts as red team/blue team.

Sat, 11/24/2012 - 11:07 | 3008326 Clark Bent
Clark Bent's picture

I suppose it depends upon how you define wealth. I'd feel very wealthy indeed if I could afford to have my shit-hole quasi-commie government back off and quit making decisions for me by force. How do I earn that sort of wealth? 

Fri, 11/23/2012 - 13:58 | 3006864 GCT
GCT's picture

I do not care what or who is rich to be honest, nor do I hate them.  I care about the insider connections that have corrupted our institutions by allowing certain rich people access, that the majority of us do not have.  Corruption is rampant and people should be in jail.  Instead our politicians and courts allow corporations and rich individuals write our laws now. Thats what I truly dislike.


Fri, 11/23/2012 - 14:59 | 3007054 prains
prains's picture

When is it time to do something?

Fri, 11/23/2012 - 19:23 | 3007582 Dr. Sandi
Dr. Sandi's picture

Any time's a good time. However, the motivation may not be strong enough to right an evil if you're going to lose an eye or something.

Sat, 11/24/2012 - 11:19 | 3008346 Clark Bent
Clark Bent's picture

The scum have seized the executive departments through seducing the majority of designated fools. We need to build organs that can act on the problem. For example, how does one force open the books on Fannie/Freddie and prosecute the fraud and criminality? How do we take Bawney Fwank from ruling over the mortgage system as his corrupt fiefdom and place him in prison for his crimes? The Tea Party has been trying to accomplish something like this, to change political culture and reform the Repub party. As anyne can see they have been repaid with calumny and the usual assertions of "racism" that are dutifully carried by the propaganda media. The Repub establsihment has fought tooth and nail to retain its system of venality and the Dem-commies have gained as a result of the schism. The enemy is in control of our "resources" through the use of fiat currency and the Fed, as well as the truncheons of the federal police power. The Regime defends itself as can be attested by many Inspector Generals and private citizens (not to say also Andy Breitbart). Revolutions are not so easy you see.  

Fri, 11/23/2012 - 22:27 | 3007926 Lord Koos
Lord Koos's picture

25 years ago would have been good.

Fri, 11/23/2012 - 13:59 | 3006869 woggie
woggie's picture

the beast is on the gobble
and all that matters is we're all headed for it's belly

Fri, 11/23/2012 - 14:07 | 3006891 TheCanadianAustrian
TheCanadianAustrian's picture

"Karl Marx would beam with pleasure in seeing how the contemporary bourgeoisie..."

Why do writers feel the need to decorate their sentences with strange words? Using synonyms with more syllables that are less commonly used, well, that can just be a bad habit. But to actually pull words from other languages to me really demontstrates pretentiousness with intent.

Fri, 11/23/2012 - 14:57 | 3007049 bank guy in Brussels
bank guy in Brussels's picture

Would you criticise American baseball guy Yogi Berra, when he said it was 'déjà vu all over again'?

Do you criticise poor Americans in the deep South who ask for a piece of pie 'à la mode'?

Do you avoid phrases like 'coup d'état'?

Languages evolve out of borrowing from other languages, it is natural ... the (actually now English) word 'bourgeoisie' has a different connotation than 'middle class', quite a different feel

Early Anglo-Saxons borrowed from ancient Celtic tongues for the word 'whisky', the 'water of life' ... is that bad?

Merrie Old Englande for a while was much conquered by Vikings, shared a king with Denmark and has Old-Norse- derived words ... then England was conquered by Norman French ... a huge amount of English is from French ... The rest of the world is using English words and phrases like 'Sale!' and 'Have a Nice Day!' ... Do you think Anglos should just avoid using words that sound 'foreign'?

And the word 'bourgeoisie' is listed in English dictionaries as an English word, like the American Webster's:

Fri, 11/23/2012 - 15:02 | 3007065 akak
akak's picture

All those damned foreign phrases are my personal bete noire, the sine qua non of pretentiousness, and I will take on anyone who would argue otherwise mano a mano.

Sat, 11/24/2012 - 01:54 | 3008128 willwork4food
willwork4food's picture



{someone call HS Asap!}

Fri, 11/23/2012 - 17:01 | 3007282 Henry Hub
Henry Hub's picture

Did you know that the French are so socialistic that don't even have their own word for entrepreneur. They have to use the American word.

Fri, 11/23/2012 - 17:17 | 3007334 mkhs
mkhs's picture

Are we still blaming Bush?

Fri, 11/23/2012 - 19:25 | 3007585 Dr. Sandi
Dr. Sandi's picture

Yeah, but now it's Poppy Bush for setting the longer term avalanche in motion.

As for me, I blame Fillmore. Useless bastard that he was.

Fri, 11/23/2012 - 20:14 | 3007695 sumo
sumo's picture

Steve Martin used to joke:

  Boy, those French, they have a different word for everything


Fri, 11/23/2012 - 22:55 | 3007977 StychoKiller
StychoKiller's picture

Provincialism and petit bourgeoise fit together in small minds.

Fri, 11/23/2012 - 14:08 | 3006894 booboo
booboo's picture

So what happens when they run out of the "rich" to eat. I mean man does not live by the bread of others alone, sooner or later they have to eat..............? Ooops, there goes that socialism bubble.

Fri, 11/23/2012 - 19:28 | 3007589 Dr. Sandi
Dr. Sandi's picture

There's always somebody richer to eat. Even if it's just the guy who works next to you, whose wife manages the family budget better than yours does. How DARE they, living better than us on the same income?

Sat, 11/24/2012 - 01:57 | 3008131 willwork4food
willwork4food's picture

Yea, it's just not fair. EAT THEM!

Sat, 11/24/2012 - 11:24 | 3008354 Clark Bent
Clark Bent's picture

You guessed it, once the rich are brought to heel, then we have to deal with all those counter-revolutionaries that impede the fabled times. Also, outside parties that would attack our sacred fair-no-utopia-bubble of super yummy justice. We're gonna need some conquests surely. 

Fri, 11/23/2012 - 14:10 | 3006899 BLOTTO
BLOTTO's picture


Marshall Mcluhan


 Only puny secrets need protection. Big discoveries are protected by public incredulity.

Fri, 11/23/2012 - 16:12 | 3007204 Call me Ishmael
Call me Ishmael's picture

like  money = debt

Fri, 11/23/2012 - 14:10 | 3006901 buzzsaw99
buzzsaw99's picture

the majority of those maggots stole their loot. if they were that much smarter or worked that much harder i wouldn't mind. i don't resent sports figures or actors or other such earners. what i hate is the kleptocratic maggots who have perverted everything for personal gain. hang 'em high.

Fri, 11/23/2012 - 15:07 | 3007079 bank guy in Brussels
bank guy in Brussels's picture

Behind every great fortune is a great crime

- Classic phrase attributed to writer Honoré de Balzac (1799-1850)

Though it seems this is a paraphrase of him writing in his novel 'Le Père' Goriot of 1835, more subtle:

« The secret of a great success you can't explain, is a crime that has never been discovered, because it was superbly carried out »

Fri, 11/23/2012 - 16:54 | 3007284 Tom Servo
Tom Servo's picture

I thought Method Man said that.... "Behind every fortune is a crime"


Sat, 11/24/2012 - 18:41 | 3008911 Boxed Merlot
Boxed Merlot's picture

Here I thought the reason for presidential / executive level departments was to keep a lid on the secret initiating crime it was ostensibly established to control.

Sat, 11/24/2012 - 11:28 | 3008357 Clark Bent
Clark Bent's picture

Where does the guy who runs a welding shop fit in, or a home cooking restaurant, or Starbucks? Methinks you may have digested a tad too much "robber-Baron" stereotypes. You know, Andrew Carnegie was the first to employ steel to build a bridge across the Mississippi River. On that risky triumph he began an empire of steel. At what point should he have been hanged? 

Fri, 11/23/2012 - 14:11 | 3006904 steelhead23
steelhead23's picture

You are so wrong.  Everyone here on ZH readily acknowledges the clear superiority of the rich.  They have been ordained by God to lead us away from our natural, barbaric ways.  Left to our own devices, no doubt we would be cooking over open fires and speaking in sign language.  Only through the great beneficence of our benefactor rich do any of us have a job - a job that provides real meaning to our pathetic lives.  Thank God for the rich, for they have shown us that democracy is folly - that the only hope for our future is strict adherence to Aristocratic principals.  Only the wealthiest can lead us, lest we become lost.

BTW - Jimmy, you are an asshole.

Fri, 11/23/2012 - 17:15 | 3007331 Cathartes Aura
Cathartes Aura's picture

heh, this seems a good place to jump in.

I'd have to agree with the spirit of your post, which points to the hangover of trickle down economics from the roarin' 80's - people were taught to believe that the rich were gonna piss on 'em and they'd get some riches too. . .

well, obviously, there was some truth in that, amrka is getting pretty wet, and piss'd.  this article reeks of justification, and I'd say behind that is fear, hopefully.  ZH'rs for the most part seem to defend the principles of loathing for the proles, daily, and justify whatever wealth they scrape off the markets daily as being hella smart, and worth it.  and maybe they are, who cares?  but the daily hate rants at anything they consider beneath themselves is palpable, and if anyone thinks the proles don't feel this hate, they're not paying attention from their lofty towers.

best buy moar guns for zombie target practise, because the worm turns.

Fri, 11/23/2012 - 14:11 | 3006906 clagr
clagr's picture

You do realize that only the government jobs increase as a result of 'the poor'!

Fri, 11/23/2012 - 14:32 | 3006928 OneTinSoldier66
OneTinSoldier66's picture

Evil Thoughts - by Divide and Conquer


This is just a thought out loud about the Rich vs. the Poor. It is not aimed at the author or a specific person.

Fri, 11/23/2012 - 14:17 | 3006932 I am Jobe
I am Jobe's picture

The Rich are immortals is all Amerikans needs to know. Enjoy the riches bitchezz. U ain;t taking it with you.

Fri, 11/23/2012 - 14:18 | 3006934 spooz
spooz's picture

If Romney was a Ben & Jerry type guy who built his fortune "honestly" instead of as a vulture capitalist, I would have little reason to object.  But Romney's fortune was based more on tax dodges like carried interest and offshore blocker corporations; creative finance thanks to a tax code filled with loopholes created for special interests.  The "mob" doesn't get this special treatment, and pay far more than their fair share of income to our country's economic well being.  The fact that these economic royalists think that the peasants should just shut up and eat shit while they live off ill gotten wealth is what infuriates voters. True justice would not allow our tax code to be up for sale and would have stiff penalties for those whose actions undermine our sustainability.


Fri, 11/23/2012 - 14:31 | 3006939 Bob
Bob's picture

OTOH, it could be that the rich are mostly just smugly self-righteous assholes who found a way to live well off a system that rewards otherwise empty, money-grubbing predatory freaks like themselves. 

What if it weren't all about envy . . . regardless of how profoundly enviable the "producers" deem themselves?

Fri, 11/23/2012 - 17:26 | 3007358 Cathartes Aura
Cathartes Aura's picture


the "rich" love to believe it's all about envy because their world revolves around having, accumulating.  that's their mind-set, so that's the lens they view the world through - anyone buying into that paradigm "rich vs. poor" is always striving for more, it's about control and power after a certain point, and in order to feel in control, they must label others as out of control, envious of wealth, monsters!!  under the bed!!  trying to get the precious!!  jealous thieves!!!

the balance of humans not in their class mostly get on with their lives, and if a few entertain themselves with thoughts of "lifestyles of the rich 'n' famous" know that the majority are busy with other more fulfilling things.

the rich should be feeling the collective butt pucker about now, y'all best get in line for your private mercenary protectors. . .

Fri, 11/23/2012 - 17:48 | 3007381 Bob
Bob's picture

indeed, envy is the energy that balances the core emptyness of narcissism.  their own lives and those of the world forced to organize around them become denominated in the currency of intensely pathological envy. 

i almost feel sorry for them . . . but just being twisted on their own time in their own personal world wasn't good enough.  crazy fuckers had to try to run it into a state-enforced universal religion.  serving gangsters.  under the upper 10% toadie class. 

it is coming to a close.  unfortunately, nobody on the "got the power" side of things is gonna get it any way but slow and hard. 

the worm indeed turns. 

Fri, 11/23/2012 - 18:16 | 3007451 Cathartes Aura
Cathartes Aura's picture

yes, I expected you to be able to see through this "they envy us" nonsense, and hold up the narcissist's mirror.

these cycles grow increasingly obvious to anyone paying attention - when the elites sit holding onto their power-grabs, the creative get even more creative, the art gets more pointed in expression, first starting underground, but eventually the ideas inform the next cultural shift.  even with all the doomer calls for end of the world, there are folks creating alternatives. . .

plenty of activity happening around the edges, but the "rich" are too busy worrying over their pile of accumulations to even notice.

Fri, 11/23/2012 - 20:27 | 3007717 sumo
sumo's picture

A thief believes everybody steals (Edgar Watson Howe), so the rich believe everyone is consumed by elite levels of greed.

Fri, 11/23/2012 - 22:12 | 3007905 Cathartes Aura
Cathartes Aura's picture

you make a very important point, in that humans have a tendency to believe their individual perspective is the ONLY truth.

multiply that by. . . billions.  voila!

Sat, 11/24/2012 - 02:14 | 3008140 willwork4food
willwork4food's picture

is Santa giving me a new F350 Diesel for Xmas?

Sat, 11/24/2012 - 11:09 | 3008332 MillionDollarBoner_
MillionDollarBoner_'s picture

On the subject of retribution, am I the only one who wishes there was less advocacy of "hang them high, bash their heads in" etc? That kind of talk will only get you into trouble and is mostly fed in by trolls to trap the unwary.

Instead, now would be a good time to consider just how the looters (and they know who they are) should be dealt with in an effective but non-violent way.

As a starter for ten: arrest them, incarcerate them, investigate them; remove from them ALL of their loot, track down their entire family and deal with them in exactly the same manner.

I'm sure there are other items for this list but the underlying principle should be total family wealth destruction - because that's what they treasure most and fear losing more than life itself.

They should then be let back into society, with appropriate SS support, to make their own way in the world BUT under strict licence I.e. if they have hidden ANYTHING or one of their remaining crony friends gives them a hand up, then is straight back to jail.

“I will hurt you for this. I don't know how yet, but give me time. A day will come when you think yourself safe and happy, and suddenly your joy will turn to ashes in your mouth, and you'll know the debt is paid.”

? George R.R. Martin, A Clash of Kings  
Sat, 11/24/2012 - 16:10 | 3008694 Cathartes Aura
Cathartes Aura's picture

removing their treasures gathered would be a karmic lesson, true.  to put them back in the world with nothing to lord over would indeed try their belief in ultimate specialness, and worthy of all they had accumulated. . .

on a long enough time line, perhaps we all get to experience the relative truths of our "beliefs"

Sun, 11/25/2012 - 17:08 | 3010218 MillionDollarBoner_
MillionDollarBoner_'s picture

Thanks for the support, CA.

I gues I'm not the only one after all then...there are two of us.

Sheesh :O(

Sat, 11/24/2012 - 11:42 | 3008375 Clark Bent
Clark Bent's picture

Really, the rich and well connected have something to fear from Obama? Have you observed his actions regarding the rich and the absurd wasteful pretension as he and Moochelle live the lives of the rich and famous with earnest passion? The rich are safe as houses with little Barry. It is the middle class that are facing the final hour, and the poor, around the world, who face devastation of his counter-productive policies. 

Fri, 11/23/2012 - 14:41 | 3006941 augustus caesar
augustus caesar's picture

Democracy works as well as the people who participate in it. I feel it is only really successful as a system when instituted after a long period of environmental hardship that eliminates the bottom tiers of intelligence out of the gene pool. After a period of enlightened rule by these newly democratic citizens some of the previous environmental selective factors are remitted and the stupid are reintroduced into the gene pool. Unless the civilization is struck by famine, disease, natural disaster, or war the inferior genes will multiply in excess of the superior genes ( efficient resource management is characteristic of higher intelligence thus lower birthrates, quality versus quantity). If the democracy does not convert into a monarchy, aristocracy, or dictatorship during this period      ( or vastly restrict voting rights ) it is likely the only people that will be capable of winning elections will be demagogues appealing to the basest instincts of the intellectually derelict thus heralding the end of that particular civilization.

Democracy can be an advantageous form of government especially considering its alternatives, however unless it is adapted to its constantly changing demographics it will be destroyed by its own success.


Fri, 11/23/2012 - 14:23 | 3006945 linrom
linrom's picture

Are you related to Simon Black?

Fri, 11/23/2012 - 17:20 | 3007342 mkhs
mkhs's picture

There is only one newsbot: just different bylines.

Fri, 11/23/2012 - 14:27 | 3006958 AgShaman
AgShaman's picture

Oh this article is too long to read....somebody, read it for me please!


Fri, 11/23/2012 - 19:30 | 3007596 Dr. Sandi
Dr. Sandi's picture

I read it. It's rubbish. Catch a good college game on the tube and come back Monday when the markets are open and crashing again.

Fri, 11/23/2012 - 14:28 | 3006960 q99x2
q99x2's picture

Arrest them and redistribute their stolen wealth.

Fri, 11/23/2012 - 14:45 | 3007017 xtop23
xtop23's picture

You would have to have a judicial branch that actually enforces the law rather than utilize interpretation to promote a political agenda.


Sat, 11/24/2012 - 11:46 | 3008378 Clark Bent
Clark Bent's picture

Then arrest those receiving the stolen redistributed wealth, and on down the line. At some point the recipients can be declared guiltless in getting the loot and we can start the process again. Just make sure that those with the least claim to the loot are the ones who had anything to do with earning it. 

Fri, 11/23/2012 - 14:29 | 3006963 Slartibartfast
Slartibartfast's picture

Geebus, that article was pure unadulterated crap. Selective reasoning at its most ludicrous. Sometimes...just sometimes...the uber-wealthy bring it on themselves because there is no 'off switch' for greed. The average person just wants a little slice of happiness and wouldn't care a wit if other's spent all their time getting rich. It's the whole prevailing notion that 'you're nothing because you're not rich' that gets up people's kilts. And we've been slowly but steadily building a society that rewards non-productive capital as opposed to rewarding productive capital.

Fri, 11/23/2012 - 15:34 | 3007134 Midas
Midas's picture

I've often wondered why Warran Buffett decides nothing could be better than going to a shareholder meeting in Omaha.  Why not take Becky to a tropical island for a week instead?

Fri, 11/23/2012 - 17:33 | 3007370 Cathartes Aura
Cathartes Aura's picture

maybe power, and the attention it garners, is Uncle Warren's hard-on, and Becky is used intentionally to entertain yours.

Fri, 11/23/2012 - 20:33 | 3007734 sumo
sumo's picture

Power is the ultimate high. Very hard to turn it down, and most don't bother to try.

In comparison, sex is a poor distant cousin.

Fri, 11/23/2012 - 22:15 | 3007911 Cathartes Aura
Cathartes Aura's picture

"sex" as practiced by the majority of amrkns is about power, sadly.  that's a key element of porn culture, owning the mindset, and playing them off each other'd.

(liking your posts here today)

Sat, 11/24/2012 - 02:17 | 3008142 willwork4food
willwork4food's picture

I treat my Japanese blow up doll very nice..

Sat, 11/24/2012 - 10:01 | 3008283 tip e. canoe
tip e. canoe's picture

maybe attention is power...hence symbols like the All-Seeing Eye.

Sat, 11/24/2012 - 16:13 | 3008699 Cathartes Aura
Cathartes Aura's picture


the power of Victoria's secret over many here is palpable, lol. . .

Fri, 11/23/2012 - 14:33 | 3006965 Whoa Dammit
Whoa Dammit's picture

Striking Walmart workers pushed aside by Lexus SUV in high income Atlanta area. (This link has good photo- other local news sources reporting them  as strikers, not protesters).

Fri, 11/23/2012 - 14:31 | 3006969 BallsWoodman
BallsWoodman's picture

I think when we watch people get rich by peddling mortgages to people who couldn't possibly afford them and then ultimately passing the bill to countries all over the world and the US tax payer, it brings out the Marxist in a lot of us.  Now, its austerity all around to make sure we pay back all the bad debt created by this elite class of a-holes who some how managed to avoid prison time and who get to keep their ill gotten gains.

Fri, 11/23/2012 - 19:34 | 3007607 Dr. Sandi
Dr. Sandi's picture

In MONOPOLY Cronyism, once you become an established player, you receive a "Get Out of Prosecution Free" card.

Fri, 11/23/2012 - 20:39 | 3007743 sumo
sumo's picture


Sat, 11/24/2012 - 11:50 | 3008384 Clark Bent
Clark Bent's picture

Eric Holder is gonna get right on that this time. It is right at the top of his to-do list. You know he's a Negro so he means it when he says he's got your back. 

Fri, 11/23/2012 - 17:05 | 3006971 kevinearick
kevinearick's picture

Projection, Propulsion, & Productivity

1811-1891 Spokan Carry

"Born to a chief and orphaned at 11, Carry was taught by missionaries to aid in fur trading. He was a teacher, a leader, a hunter and a peacemaker. Always the white mans friend, he was refused citizenship, burned off his land, deprived of his earthly goods and finally his dignity by the white man. He died here a lonely unwanted person in the land of his birth and the land he loved."

The empire is a spoiled, passive aggressive bully, of passive aggressive bullies. You adjust its gravity by limiting its technology frontier. There is no relative end to the capacity of the universe to fuel the empire, but only a transformative laborer can give it oxygen. The transformational orator is a myth, except to short the system. Just step out of the way.

Graph airline flights, Boeing durable goods delivered, and cash accounting against GDP, Boeing durable goods orders, and accrual accounting. HP is just the tip of the iceberg. You may also want to graph monetary expansion times cash in circulation. The law is virtual, and the accounting rungs are collapsing as the rails split. What does all the corporate cash on the sidelines look like now? What is Delta doing?

Macy's doesn't employ the bankruptcy code, to which you are denied access, on a regular basis by accident, which is why labor discounts the supply side credit markets, along with all participants, every time. The empire grows to the extent you mate with its replicating robots and blows up when you allow them to inbreed.

Bernanke, like Greenspan before him, has been instructed to torch the empire, rather than pay effective labor a market-clearing price for its skills. No amount of talking is going to change that. Real Africans are well mannered, highly intelligent, and hard working; like anywhere else, those capable of love, putting future generations first, are capable of great things. Those incapable of love, the talkers, are only capable of small mindedness, which is exactly what the empire wants, certifiable replicating robots lost in the artificial complexity of their own emotions, soothed by consumption to maintain the status quo.

No one is brokering peace in the middle east. They are all ensuring division. The US is the strongest of the weaklings. You don't build bigger and bigger guns because you have confidence in the effectiveness of your economy, in the adaptability of your relationships. Anything that is not unique gets programmed out, commoditized, including human peer groups. The Chinese, the Spanish, the English, all assumed the world could not exist without their particular brand of administrative genius.

Supply the integral and demand the derivative, or don't, depending upon the size of the empire you need to do whatever you want to do. In any case, ignore the "impending economic crisis." The empire is always in an impending economic crisis, by design. That's the nature of stupid.

We will bring the Titanic back up and refit it; we always do.

Fri, 11/23/2012 - 14:36 | 3006985 Market Man
Market Man's picture

What a bunch of crap comments... people here are green with ENVY of the rich!   Why not spent time making some money, rather than spending all your time complaining about people that have it!

Fri, 11/23/2012 - 15:46 | 3007155 Boxed Merlot
Boxed Merlot's picture

Why not spent time making some money, rather than spending all your time complaining about people that have it...?


Many would like to be making money.  Unfortunately, the prospects of plying one's trade are becoming less profitable and more difficult to find.  People are resourceful and will adapt, but the cheerleading from the top of "you didn't build that" attitudes are being baked into the the mix.  This is a cancerous mentality imo in that it feeds envy and covetousness, the basest of negative human passions and promotes lethargy.  Who wants to succeed at anything if one recieves nothing but ridicule for achievement by the leaders?


"For to win a crowd is not so great a trick; one only needs some talent, a certain dose of untruth and a little acquaintance with the human passions"  --  The Crowd is Untruth - Soren  Kierkegard

Fri, 11/23/2012 - 16:18 | 3007219 Hugh_Jorgan
Hugh_Jorgan's picture

Kierkegard? Seriously?


Try something outside of cynical Humanist banality.

"In passing, we should note this curious mark of our own age: the only absolute allowed is the absolute insistence that there is no absolute." - Francis Schaeffer

Fri, 11/23/2012 - 17:23 | 3007351 mkhs
mkhs's picture

The only constant in life is change.

Fri, 11/23/2012 - 19:10 | 3007563 batterycharged
batterycharged's picture

Beauty is truth, truth beauty.

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