• BullionStar
    05/30/2016 - 21:24
    The US Gold Market is best known as the home of gold futures trading on the COMEX in New York. The COMEX has a literal monopoly on gold futures trading volumes worldwide, but very little physical...

Billionaire Blackstone CEO Trolls American Public – Doesn't Get Why People Are Angry

Tyler Durden's picture




 

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

DAVOS MAN: “A soulless man, technocratic, nationless and cultureless, severed from reality. The modern economics that undergirded Davos capitalism is equally soulless, a managerial capitalism that reduces economics to mathematics and separates it from human action and human creativity.”

 

– From the post: “For the Sake of Capitalism, Pepper Spray Davos”

I’ve written several posts examining the dangerous cluelessness inherent throughout the ranks of the oligarch class over the past several years. One of my earliest and most viral pieces was published two years ago and titled, An Open Letter to Sam Zell: Why Your Statements are Delusional and Dangerous. That article was a response to the billionaire’s appearance of CNBC during which he instructed the less financially fortunate to “emulate the 1%,” as if their destitution was a result of personal shortcomings as opposed to egregious structural flaws inherent in the rigged, crony, oligarch-controlled Banana Republic economy billionaires such as himself helped mold. Here’s an excerpt:

Individuals, social classes, even cultures and nation-states develop storylines and so-called “myths” about themselves and how they fit into the bigger picture of current events and human history. We all see ourselves and whatever group(s) with which we identify within a particular social, political and economic context. This is obvious, yet it is much more difficult to look at your owns myths and question them. It is far easier to look at other groups’ myths and heap criticism on them. That is basically all you do.

 

You think everyone that has issues with you oligarchs and how the 0.01% is destroying our economy and society is simply envious because you assume they think like you do. Certainly, if you were poor you would be envious of the the rich. You’ve made that clear. However, that is not the primary motivation of the anger and resentment swelling up from the underclasses.

 

Your misdiagnosis of the root cause of the current dissent in America is a result of your obliviousness to the actual concerns of the 99%. A group about which you speak with such certainty, yet certainly know almost nothing about. In fact, my website is dedicated to highlighting all of the destructive trends happening in this nation today. From record high food stamp participation, to declining real wages and the reality that young people need to take on so much debt they become indentured serfs from the moment they enter the workforce. From a loss of 4th Amendment rights due to illegal NSA spying, to the militarization of the police force. From oligarch immunity from serious financial crimes that average citizens would be thrown in jail for life for, to trillion dollar bailouts with zero strings attached for the financial community. From the over-prosecution of some of our bravest citizens such as Aaron SwartzBarrett Brown and Private Manning to a fraudulent two-party sham political system entirely controlled by your socio-economic class.

In that article, I outlined many of the reasons people are angry and why they should be angry. In fact, I’ve published hundreds of articles every year since early 2012 detailing exactly why the country is in such dire straights. It’s not just me of course, tens of thousands of people across the globe have been doing it for far longer and to much larger audiences. The reason billionaires are incapable of comprehending what’s going on is because doing so would contradict the life-stories they tell themselves about themselves. Make no mistake about it, billionaires think of themselves as truly exceptional people. Privately, they likely muse that their mere presence on earth is nothing short of a glorious gift to humanity from the heavens. These people are deluded, secluded and emotionally stunted in more ways than you could possibly imagine. They have zero capacity for self-reflection.

In our modern world, our culture has become convinced that extreme wealth and power are something to admire, when history shows us time and time again that “the people” must always remain vigilant against the centralization of precisely those two things. Naturally, the people who are centralizing the wealth and power for themselves don’t see the problem with wealth and power centralization. Neither does much of the fawning, inept, and soulless media.

The latest example of oligarch disconnectedness comes, quite appropriately, from Davos. So here’s the quote from Steven Schwartzman, billionaire CEO of private equity giant Blackstone:

“I find the whole thing astonishing and what’s remarkable is the amount of anger whether it’s on the Republican side or the Democratic side,” the Wall Street mogul said at the World Economic Forum in Davos. “Bernie Sanders, to me, is almost more stunning than some of what’s going on in the Republican side. How is that happening, why is that happening?”

Forbes goes on to accurately note that:

America is the richest and most unequal nation in the world — at least when you look at the wealth in 55 of the more conventionally developed countries. Median income has largely fallen behind economic growth as corporations continue to retain a bigger share of the benefits, turning into a reverse of what is usually claimed as the danger of income redistribution.

 

But whether there are long term changes coming or not of their own accord is immaterial in this case. People in the U.S. don’t tend to think that way. What many perceive now is a basic economic unfairness. They work hard, play by the rules as they’ve learned them, and keep getting further behind. The debt funding for college and large purchases seems to be never ending for large portions of the populace, which cements in a sense of unending inequality.

 

In a way, Bernie Sanders and the Tea Party are different expressions of the same phenomenon. People disagree over the causes and the proper fixes, but they can find common ground in the sense that things are wrong, that power and wealth are too concentrated, and that most of the country will be left holding the bag when things blow up. That the biggest banks got bailed out of an economic downturn largely of their own creation while the promised help for homeowners largely never materialized didn’t help.

 

Of course people are angry. It’s one thing to face problems but another to face incompetent greed and manipulation. Unless people climb out of their ivory towers and recognize what is happening on the ground, there will be pain and suffering for all to pay. It’s happened time and again in the past. What makes anyone think that our age is somehow immune?

David Sirota at the International Business Times adds:

On the eve of the conference, the nonprofit group Oxfam released a report showing that the richest 62 people on the planet now own more wealth than half the world’s population. In the United States, recent data from Pew Research shows the average American’s median household worth has stagnated, as the median household worth of upper-class Americans increased 7 percent. Schwarzman, though, expressed surprise that people are enraged.

Yes, you read that right. 62 people own more than 3.5 billion of the earth’s inhabitants. Nothing to see here, move along serfs.

Of course, as I’ve maintained time and time again, this sort of aggregation of wealth only happens in rigged economies. It’s as if the entire Western world has become that Third World oil dictatorship where three guys have billions while the rest of the population eats dirt. I’m sure those dictators also see wonderful, admirable people when they fawn over themselves in the mirror, just as Steven Schwartzman undoubtably does.

 

Which brings me to my final point: Blackstone. It’s not like Steven Schwartzman is Steve Jobs or Henry Ford, revolutionary entrepreneurs who made their fortunes changing the world and bringing innovative products to people. In fact, you could very easily make the argument that Schwartzman has made much of his fortune by bringing misery to people, or if we want to be generous, hyper rent-seeking from the destruction of the American middle class. Need some proof? Check out the following:

Leaked Documents Show How Blackstone Fleeces Taxpayers via Public Pension Funds

A Closer Look at the Decrepit World of Wall Street Rental Homes

America Meet Your New Slumlord: Wall Street

0
Your rating: None
 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Thu, 01/21/2016 - 21:33 | 7079927 junction
junction's picture

One reason for anger and an example of how corruption in New York and Washington, D.C. knows no party lines, today, New York Governor Andrew Cuomo nominated Michael Garcia for a 14 year term as an associate justice on the New York Court of Appeals.   Republican Michael Garcia was the U.S. Attorney for the Southern District of New York from 2005 to 2008 who, in 2008, forced then-Governor Elliot Spitzer to resign or face prosecution for paying for escorts from the Emperors Club, a call-girl operation. 

 

Everyone including then U.S. Attorney Garcia knew that the Bush administration used illegal NSA taps to get the goods on Spitzer.  The FBI had let its wiretaps on Spitzer’s phone lapse on Thursday, February 7, 2008 and then on Monday, February 10, 2008, the FBI put in for a renewal of this wiretap, which was granted on February 11.  On Friday, February 8, Spitzer got a call and was roped into meeting Emperors Club call girl Ashley Alexandra Dupré.  The other call girls all hated Spitzer and wanted nothing to do with him.  Dupré though,had a problem, one more important than bad sex with a sadistic client.  Her brother, a drug addict on probation for selling drugs, had recently been arrested again for selling drugs in New Jersey near a school and had a court date in March 2008.  He faced getting his probation revoked and going to jail.  That never happened, thanks to the influence of Dupré’s pimp, U.S. Attorney Michael Garcia.

 

NSA analyst William Binney said on the Alex Jones show that NSA wiretaps were used to get Spitzer on phone arranging to meet prostitutes.  On the CNN show “Viewpoint with Eliot Spitzer” that aired May 7, 2012, Binney was Spitzer’s guest but I found no record that he discussed the Emperors Club arrest with Spitzer.  This “dirty trick” to force Spitzer’s resignation was the brainchild of Roger Stone, the man behind Trump’s early campaign for the Republican presidential nomination. 

 

Thanks to Spitzer resigning in his first term after U.S. Attorney Michael Garcia’s involvement in a criminal conspiracy that involved illegal wiretaps and pimping activities by his office, Andrew Cuomo could run on the Democratic party line for Governor in 2009 and be elected in 2010.  Now Cuomo is paying back Garcia for his criminality.  The Mafia could take lessons from New York politicians.

 

Brother of Spitzer call girl faces drug sentence in NJ

By The Associated Press
On
March 15, 2008 at 12:35 PM, updated March 15, 2008 at 12:54 PM 

http://www.nj.com/news/index.ssf/2008/03/brother_of_spitzer_call_girl_f....

 

Kyle Youmans, brother of Ashley Alexandra Dupre, the prostitute involved with New York Gov. Eliot Spitzer, gets into a minivan outside a house in Jackson, N.J., Thursday, March 13, 2008. Youmans did not answer any questions as he left the house and was driven away.

The call girl implicated in the Eliot Spitzer scandal isn't the only one in her family getting some unwanted publicity.

Kyle Youmans, 26, of Jackson, the brother of the woman known as Ashley Alexander Dupre, pleaded guilty this week in Superior Court in Ocean County to possession of heroin with intent to distribute. He's scheduled to be sentenced next month.

Youmans is already serving five years' probation on charges that include intent to distribute heroin in a school zone.

He has publicly defended his sister, who was born Ashley Youmans, calling her a "great person" and saying he will stand by her side no matter what happens.

https://groups.google.com/forum/#!topic/alt.gossip.celebrities/QI2_VsNEJGw   

 

Ashley Alexander Dupre, Eliot Spitzer's date February 13 at the Mayflower Hotel, had reasons other than money to be with the Governor.  Her brother, a repeat offender for being a heroin dealer in New Jersey, now turns out to have gotten an amazingly lenient deal from State prosecutors, the continuation of the probation he was
already serving under court supervision.  The question no reporters have asked is whether Ms. Dupre was already working for the Feds when she met Spitzer, in return for helping out her brother. 

 

Thu, 01/21/2016 - 21:45 | 7079959 Richard Chesler
Richard Chesler's picture

What do you mean Obongo don't seat on your lap? not even Hillary???

 You fucking peasants deserve what you get!!!

 

Thu, 01/21/2016 - 21:54 | 7079990 TruxtonSpangler
TruxtonSpangler's picture

whats that old addage? You wont understand what you cant understand?

Thu, 01/21/2016 - 22:07 | 7080034 Dindu Nuffin
Dindu Nuffin's picture

SORRY for unrelated post: 

i JUST FOUND A NEW SEARCH ENGINE THAT IS DEFINITELY WORTH LOOKING INTO.

GOODGOPHER.COM

It has the option of removing corporate and government pages.

As an obvious result, It is WAY BETTER THAN GOOGLE

Thu, 01/21/2016 - 22:18 | 7080070 johngaltfla
johngaltfla's picture

I don't know you dipshit billionaire. Mabye it is because you keep foisting frauds like this asshole on us:

Why Real Florida Conservatives Despise Marco Rubio
Thu, 01/21/2016 - 22:56 | 7080202 Which is worse ...
Which is worse - bankers or terrorists's picture

What a coincidence. He doesn't understand why some people are so angry. Others don't understand why he is still allowed to be alive. 

Thu, 01/21/2016 - 23:13 | 7080259 J S Bach
J S Bach's picture

I'm sure Nero felt the same way as he fiddled and Rome burned.

Thu, 01/21/2016 - 23:25 | 7080297 MagicHandPuppet
MagicHandPuppet's picture

"Let them eat Little Debbie's"

Thu, 01/21/2016 - 23:57 | 7080328 tc06rtw
tc06rtw's picture

   
 N.B.  —  In case anyone is doing any research on this “influential Jewish American”  (where/how he travels, resides, family members, PAC donations, etc… ),  his correct name is:
   Stephen Allen Schwarzman  (not Steven).

Fri, 01/22/2016 - 00:04 | 7080407 palmereldritch
palmereldritch's picture

Another Crypto-Masonic Death Cultist Skull and Bones says what?

https://en.wikipedia.org/wiki/Stephen_A._Schwarzman
He attended Yale University during the same period as George W. Bush, one year behind him (both were in the Skull and Bones society)[11][12]

Fri, 01/22/2016 - 00:10 | 7080417 Manthong
Manthong's picture

That arrogant thief hasn’t even seen angry yet.

Fri, 01/22/2016 - 00:21 | 7080442 jeff montanye
jeff montanye's picture

and it's dire straits (not straights) but truly keep up the good work.  the next fifteen years won't be as kind, relatively, to the richest as were the last fifteen, relatively.

Fri, 01/22/2016 - 02:05 | 7080592 Divided States ...
Divided States of America's picture

Hey zio-fuck Schwartzman, its no wonder there is anger against both dems and reps, its because you zio-banker types have lined their pockets with money that you stole from the American people.

Fri, 01/22/2016 - 06:40 | 7080883 Manthong
Manthong's picture

Get this through your freak’n heads…….

This is not about any concept  of a market…

It is all about managing/manipulating “stocks and flows”…..

Except this time around the stocks are worth ca-ca-and the flows be managed to the point that the base economy (oil.et al)  landscape is desolate.

Then the vultures buy the assets for pennies on the dollar.

No lamppost on Wall Street should be unoccupied.

Fri, 01/22/2016 - 09:13 | 7081279 Slomotrainwreck
Slomotrainwreck's picture

anger whether it’s on the Republican side or the Democratic side..."

 

That's because it's not a political aspect, it's universal innate need for life, liberty and the pursuit of happiness without encumbrances from politico's. Leave us alone to realize our dreams.

People are migrating because they have been bombed out of their homeland, their families have been killed and maimed, they have no livelihood, their life, dreams and heritage, for no humanitarian purpose, have been destroyed by warmongering selfish inhumane sociopaths.

Fri, 01/22/2016 - 11:44 | 7081870 nope-1004
nope-1004's picture

The world is completely upside-down.  We pay tribute to financial whores, literally, who don't produce ANYTHING.  All these guys do is trade, corner, control, manipulate, and then claim ignorance as to why people are mad.  Mike said it best:  They all assume people are envious of them, because in their mind they think "why else would a poor stranger not admire my greatness?  Gotta be cuz they're just envious."  This is also a sign of deep narcissism, common among these whores.

Humanity requires justice.  Stephen is rich, but mentally poor.  For that, he will pay one day with his life because there are alot of individuals keeping a tally of these arrogant comments.  Keep talking Stephen..... you think you're admired, when really you're being logged.

 

Fri, 01/22/2016 - 12:20 | 7082055 Evil Peanut
Evil Peanut's picture

Trump is the new Obama - The political circus is just that; a circus for the peons to lap up. Regardless of the promises made, the politician who ends up in office will do what the wizards of OZ tell them to do. Look at every president since JFK, they have all been tools of the elite. Has the average citizens lot in life improved one iota in the last 50 years? Since the removal of a gold backed currency the American nation has been lead by a secret cabal who's only motivation seems to be war and profit. Unfortunately the peons are too busy struggling to survive or are caught up in trivial entertainment and diversions to see what needs to be done to put an end to the charade of government. Look at Obama's promises from his first election. Can you count how many promises he made that he actually followed through on? How about promises he made but broke? Make a list doing a simple google search. You would find he has broken 85% of his promises, heck even Obama Girl now says she wouldn't vote for him again and that he's been a huge disappointment. In a time of so much need, the president spends upwards of $10 million a year just on vacations - how can the public justify this waste? Trump is not the answer and yet neither are most of the candidates offered up by the political machine. It is indeed a quagmire in which the American people find themselves and at this point, one which can only be solved by the hardest of solutions; a revolution to unseat the special interests and a return to the founding documents.

Sat, 01/23/2016 - 01:01 | 7084781 Victor von Doom
Victor von Doom's picture

Sorry EP - that's wishful thinking. The sad truth is that America is simply moving beyond its Democratic/Republican phase. There is no way to "enlighten" the masses - they can only be led and supplicated now. The Republic is in the hands of the greedy billionaires (just like Rome was). The answer is not a cultural restoral, back to the beginning days of the Republic, but onwards, overthrowing the Republic and installing the Empire, and its ruling Emperors.

You don't have to like it - but it is what the culture demands. There is no option either. The only condition is whether or not this is entered willingly or otherwise.

Only when the dictater is installed and he is percieved to back the people's needs will the political turmoil subside.

What I am trying to teach you here is that you should not waste your time looking for a Lucius Junius Brutus (founder of the Roman Republic), but an Augustus (founder of the Roman Empire).

Despite any nostalgic longings for a golden past, cultures never return from whence they have come, but only ever march onwards towards the next age. Even a moment's reflection of the population of America today tells you that the common held beliefs that were consistant at the time of the founding are completely lacking. Therefore there will be no return.

It would be akin to a middle-aged man turning into an infant, instead of entering his old age.

For the sake of completeness, let me tell you why this will be the case. In order to topple the current centralised powers they will have to meet and be destroyed by and even greater power. That power will then supplant itself in their position. No decentralised power will be able to accomplish their fall.

It's for this reason that people like Donald Trump hold the only hope for America today - not to restore it - but should they fulfill their promise, to provide it with a rebirth - the dawning of a brand new age.

 

That is as good as it can get, I'm afraid. Don't believe me? Read more history - you'll pick up the trends.

Fri, 01/22/2016 - 09:48 | 7081396 Debt-Is-Not-Money
Debt-Is-Not-Money's picture

"No lamppost on Wall Street should be unoccupied."

Right, and it should be done with good, American-grown hemp rope!


Fri, 01/22/2016 - 11:52 | 7081907 Chris Dakota
Chris Dakota's picture

He is talking about Trump and why the sheeple are revolting, at the ballot box FIRST.

WE WANT TARIFFS, TARIFFS, TARIFFS!

Fri, 01/22/2016 - 01:23 | 7080546 PT
PT's picture

Perhaps we've got it wrong.  Maybe we really can simply walk into a bank, borrow a billion dollars, pocket a hundred million for ourselves and then build some factories and then, if we can't make a profit, simply borrow more money and build more factories.  I mean, you don't know until you try, do you?  I know I've never tried.  I thought I'd have to save a few pennies, start small and then build a track record.  But hey, profits are sooooooo last century...

You must give me money becoz I am creating jawwwwwwbs ...

Fri, 01/22/2016 - 06:31 | 7080865 OldPhart
OldPhart's picture

In my life I've only personally known one billionairre, and he made me work for him for an obscene amount of money and benefits.  Called me out of the blue while I was working as Director of Finance at LACMA.  That meant I had two years of driving from Apple Valley to San Diego, every day.

The guy was honestly nice.  However he had real, day to day problems with money.  He relied on a girl who was a long family friend.  And she controlled the checkbook for the company he had bought and hired me into.  Think the stereotypical Southern California Blonde...she was it.  Dumb as three doorknobs on a sink.

We'd cut checks and I'd tell her to cover a million or so, she'd arbitrarily transfer chunks of cash to the AP account over the next week.  The credit union we used, because we save $4 in fees (really) one day closed our account due to a fraudulent check being presented, changed our account number and didin't tell us until I got a call from an employee asking why his paycheck bounced.  During this time, I had taken a few days off for vacation with my wife, and developed pneumonia...I fielded hundreds of calls breathlessly, explaining that the checks would be made good.  We lost 40% of our critical workers over this.

9/11 hit, and we were right next to the Miramar Marine Base.  We could hear "We are at DEFCOM 1, this is NOT a drill."  Jets going up five at a time (It seems, I remember watching multiple jets taking off simultaneously).  9/12 Marine Base Commander came to our facility and told us to get the fuck out, they were widening their perimeter and we had to move like, right the fuck now.

ALL of our work stopped.  Instantly, after 9/11.  In December, the billionairre came to me and asked for three scenarios on what to do.  Stick it out, Cut down, or Armageddon.  I recommended Armageddon.  He took my advice and fired me and the rest of the executives, and roughly 90% of the remaining workers.

Naturally, my severance bounced.

Two months later he made it good by his personal check.

The guy is pretty much like anyone else, but he got his money by being involved in horse racing...as he said it, for every dollar bet, he got a nickel in the failed state of commiefornia.  But, being pretty much like anyone else, he had no real business sense, he had the image down pretty well, but the execution was pretty poor.

 

 

Fri, 01/22/2016 - 13:07 | 7082254 janus
janus's picture

great story, OldPhart.

janus

Fri, 01/22/2016 - 10:59 | 7081646 RaceToTheBottom
RaceToTheBottom's picture

We might find ourselves in a situation where we each get to decide whether a WS'er will live or die.  When things get really bad and the street people (by then that will be the 99%) will do whatever they can to get even.  It doesn't really matter why or against whom; just get even.  France was like that.  So will we.

 

At that time Fucks like this Dickless, and lucky, rich guy will plead for mercy.  

I know how I will answer.

How will you?

Fri, 01/22/2016 - 11:52 | 7081915 Utah_Get_Me_2
Utah_Get_Me_2's picture

There is nothing I'd like to see less than a Jacoban revolution in the country. The impossibly ignorant 'black lives matter' dipshits would be lynching white small business owners that pull in $200k a year thinking they are the '1%' instead of the Soros' types that bankrolled their entire astroturf movement through the foundations.  

Fri, 01/22/2016 - 02:53 | 7080636 Captain Chlamydia
Captain Chlamydia's picture

Lemme call some brothers from the hood with a blow torch and pliers to go midieval on his ass. Fuck that gimp!

Fri, 01/22/2016 - 00:15 | 7080425 ebworthen
ebworthen's picture

Stephen Allen Schwarzman- moving up to #1 on the hang list!  Like a rocket!

Thu, 01/21/2016 - 23:26 | 7080299 847328_3527
847328_3527's picture

There's plenty of reasons Americans at every level are angry; 

1) 87% of the people polled voted against Obamacare yet Piglosi, Reed and Bozo shoved it down American throats;

2) "If you want to keep your health insurance, you can keep your health insurance" lies spouted by Bozo;

3) The complete Bogus "Everything is awesome" crap we hear 24/7 out of DC and blasted on MSM over and over while thousands of middle class American lose jobs, wallow in a deep recession, etc;

4)"Americans are stupid," Gruber speech from Bozo's right hand teammate in DC;

5)"Fast & Furious" ;

6) Piglosi screaming at those seniors at Town Hall meetings calling them, "Nazis";

7) shall I go on?

 

This jerk is simply falls into the category of out to lunch Billionaires ... not to be confused with the total disconnect between DC politicans and the American people.

Fri, 01/22/2016 - 03:42 | 7080677 Cliff Claven Cheers
Cliff Claven Cheers's picture

Q: Difference between Burger King and Obama? A: One's a creepy king known for whoppers, and the other's a fastfood chain bolting high taxes.

Thu, 01/21/2016 - 23:29 | 7080313 Gaius Frakkin' ...
Gaius Frakkin' Baltar's picture

As did the French aristocrats. They ignore the anger at their own peril.

Fri, 01/22/2016 - 02:07 | 7080595 Tijuana Donkey Show
Tijuana Donkey Show's picture

They also ignored the Rothchilds....

Fri, 01/22/2016 - 04:11 | 7080709 Ghordius
Ghordius's picture

"In our modern world, our culture has become convinced that extreme wealth and power are something to admire, when history shows us time and time again that “the people” must always remain vigilant against the centralization of precisely those two things. Naturally, the people who are centralizing the wealth and power for themselves don’t see the problem with wealth and power centralization. Neither does much of the fawning, inept, and soulless media."

"America is the richest and most unequal nation in the world — at least when you look at the wealth in 55 of the more conventionally developed countries. Median income has largely fallen behind economic growth as corporations continue to retain a bigger share of the benefits, turning into a reverse of what is usually claimed as the danger of income redistribution."

since you mention the French Revolution... I'll have to mention modern contemporary France. just as example

where the political debate that the President had not that long ago was if the super-rich are supposed to pay more or less then 75% taxes

in comparison, in the 50's the debate in the US was if the super-rich's marginal tax of roughly 92% was not a bit... excessive

so I ask: who is "we", kemosabe? our culture? our modern world?? is the American political and socio-economic setup the whole world? what is it, provincialims, exceptionalism, what is it?

mention France, here, and there it goes: "surrendering cheese-eating monkeys", "oh, all socialists", and so on

it's American companies that retain their stupendous cash mountains offshore. it's American CEOs that live in a separate world where they are becoming increasingly clueless of the rest

it's the American people that are engaged in an exceptional socio-economic experiment of dividing everybody - voluntarily - into zip codes according to income and status

it's Americans that worship wealth and the wealthy, or, as a minority, engage in a strange impotent "eat the rich" sullen rethoric that leads nowhere

exceptionalism is based, among other things, on this wonderful and scary tendency of Americans of judging what happens in their near environments around them and calling it the whole world

(the counterpart of it is of them travelling but not seeing anything that makes them reflect about things at home)

go through the various ZH articles and look for it: you'll find it everywhere: our Western culture, our world, our modern world, and so on

sure, the American cultural floodlights shine brightest, starting from Hollywood, so it is indeed difficult to look from there into darker, less lit places

but you can mention French aristocrats or the French Revolution as much as you want, as long as Americans are not willing to make serious comparisons, they won't understand their... world

exceptionalism is a kind of blindness. it blinds those CEOs, it blinds those "well meaning" oligarchs, and it blinds a whole a whole country

open your eyes. take this sentence:

"Make no mistake about it, billionaires think of themselves as truly exceptional people. Privately, they likely muse that their mere presence on earth is nothing short of a glorious gift to humanity from the heavens. These people are deluded, secluded and emotionally stunted in more ways than you could possibly imagine. They have zero capacity for self-reflection"

now, do reflect on this: if you exchange "billionaires" with "Americans" and... you say that to non-Americans, enough of them... what do you think the range of answers will be?

more importantly... are you curious what that range of answers would be?

Fri, 01/22/2016 - 10:39 | 7081577 mainstream medi...
mainstream media is useless's picture

Maybe the responses would not be favorable, but in all likelyhood, most responses would be made in ignorance, as most have probably never met an average american.  What do you suppose the response would be if you exchanged "billionaire" with "Frenchman?"  Of course, you are a likely a hyprocrite who would never self-reflect, and therefore, are under the delusion that the repsonses would be mostly favorable. 

Sat, 01/23/2016 - 01:18 | 7084818 Victor von Doom
Victor von Doom's picture

Most non-Americans would say that is an accurate descripiton. It might be stereotypical, but that's the thing about stereotypes, isn't it? Truth is, they are the underlying rule of thumb...

 

Thu, 01/21/2016 - 23:45 | 7080323 tc06rtw
tc06rtw's picture

   
     Tout à fait!

Fri, 01/22/2016 - 03:46 | 7080679 Cliff Claven Cheers
Cliff Claven Cheers's picture
tout comprendre, c'est tout pardonner
Fri, 01/22/2016 - 04:47 | 7080755 Escapeclaws
Escapeclaws's picture

"Make no mistake about it, billionaires think of themselves as truly exceptional people. Privately, they likely muse that their mere presence on earth is nothing short of a glorious gift to humanity from the heavens."

If someone lives in a mud hovel that's slightly better than everyone else's mud hovel, he/she will have the same feeling.

The whole point of having all that money is to feel good about yourself. It's pathetic, really.

Fri, 01/22/2016 - 00:27 | 7080447 Nero_Hedge
Nero_Hedge's picture

I did, and I do.

Fri, 01/22/2016 - 03:47 | 7080683 Cliff Claven Cheers
Cliff Claven Cheers's picture
tout à vous
Thu, 01/21/2016 - 23:20 | 7080282 MagicHandPuppet
MagicHandPuppet's picture

I'm not angry.  More apethitic with a hint of "I told you so".  That said, if the mob strings up this fooker, I'll lend a hand to tie the rope if'n they want me to... unless there's something good on the t.v.  But, well, I guess I'm not really going to help... but, maybe I can offer a golf clap in support as he dangles.

Fri, 01/22/2016 - 03:50 | 7080686 Cliff Claven Cheers
Cliff Claven Cheers's picture
touter

 

Historical Examples

Roger, the touter, recognised his lordship, as he made his way slowly through the mob along the side of the market.

Fri, 01/22/2016 - 08:35 | 7081133 SWRichmond
SWRichmond's picture

He doesn't understand why some people are so angry.

I prefer my revolutions French.

Fri, 01/22/2016 - 11:23 | 7081755 buyingsterling
buyingsterling's picture

The political meltdown is just starting. Unprecedented. Loss of power apparently concentrates the mind. 

Here's a site that predicted a Trump blowout in Iowa, before the polls turned. It digs in depth into the psychology of the Trump campaign. If you want to understand how it's happening and why, this is a good place to go. Here's the predictive post from the 6th, which predicted the blowout long before anyone else. 
http://trumpcampaignanalysis.blogspot.com/2016/01/trumps-cruz-master-str...

Latest post explains why Cruz's Zombie campaign is a dead: http://trumpcampaignanalysis.blogspot.com/

Thu, 01/21/2016 - 22:56 | 7080203 Chief Wonder Bread
Chief Wonder Bread's picture

I signed in here to comment on another thread and so in closing

FU Schwartzstein cunt!

Thu, 01/21/2016 - 23:24 | 7080292 Panopticon 131
Panopticon 131's picture

A lot of these outrageous public statements coming from the plutocracy must be DELIBERATE and CALCULATED to manufacture consent for the GLOBAL WEALTH TAX waiting in the wings.  First proposed in 2009 by Nancy Pelosi as a global financial tax after being promoted by Trilateral Commision member UK Prime Minister Gordon Brown.  

What is Bernie proposing?  A Wall Street wealth tax.  Meet the next interation.  The old (dying) iteration was/is the global CARBON TAX.

The wealth tax was also floated as the only "solution" to a ruling oligarchy when Bill Moyers and Paul Krugman discussed Piketty's book on national television well over a year ago.

Pink Floyd:  "Welcome to the Machine.  What did you dream?  We told you what to dream."

Next up: Heavy promoting of the Minimum Income (aka MINCOME) or Basic Income - now going global, being adopted and discussed in several countries, including Europe.  The concept has already been lightly floated in the US by the Obama administatration and MSM lapdogs.

Thu, 01/21/2016 - 23:21 | 7080288 . . . _ _ _ . . .
. . . _ _ _ . . .'s picture

GoodGopher results bring up AlJazeera and Israeli websites when I searched for 'syria'.

Global Research, Voltaire, WUWT, and ZH not listed.

Do you have to pay to be listed?

Useless.

 

Fri, 01/22/2016 - 09:39 | 7081370 nscholten
nscholten's picture

http://www.forbiddennews.info/adolf-hitler-and-his-nazi-jewish-masters/

All wars are bankers wars.  I know, I am singing to the chior.  This is from goodgopher.com

Thu, 01/21/2016 - 22:35 | 7080121 swmnguy
swmnguy's picture

“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” - Upton Sinclair

Thu, 01/21/2016 - 22:17 | 7080067 indygo55
indygo55's picture

OK 62 people. Show me the list. Is it that dangerous to show the list? 

Thu, 01/21/2016 - 23:00 | 7080215 Ol Man
Ol Man's picture

They never tell us who,  do they...???

Do NOT follow this link or you will be banned from the site!