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The Rich Get Richer

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The Rich Get Richer

Postby ibposing on Wed Nov 04, 2009 12:23 pm

Hold on folks! It is NOT the Republicans!

This article never uses the word corruption, because like honor the word has fallen into disfavor. No one in either party wants to change the system. The reason is simple. "I" get what "I" want, and someone else pays the bills. Better than a license to steal!


The Discreet Charm of the Left-wing Plutocracy



The news of this week made mention of Al Gore as our soon-to-be, first carbon billionaire. Accounts included both his earlier and contemporary angry denials that he was greedy, or had used his vast network of government contacts to influence public loans, contracts, and regulations, in parlaying a 2001 net worth of $2 million apparently into a green empire of several hundred million.

To distill Gorism is to live in a 1,000 sq. ft. solar house, bike to work, and take the train on long distances; but to promote Gorism, one lives in a mansion, jets on private planes, and is chauffeured from airport to conference center—a rather heavy carbon footprint indeed. I mention that because this week he has insisted that he only invested in what he believes in and is thus not a hypocrite—sort of like a 1990s Fannie or Freddie director saying he is only taking mega-bonuses because he believes in public support for housing.

Rev. Wright is back in the news. In Animal Farm, pigs-on-two-legs fashion he is sermonizing on the joys of socialism as he is ensconced in a three-story, 10,000 sq. ft. mansion, paid for by his relatively modest flock in thanks to his virulent race-baiting (the real story of his Fox-news-aired clips was not his racism or anti-Americanism, but the standing ovations he received from his congregation for his unadulterated hate.). A Nancy Pelosi shouts slogans from the barricades, while her husband subsidizes her aristocratic liberalism through a network of arcane deal-making. Chris Dodd worries about the roguery of credit card companies while he finagles an Irish getaway “cottage” through influence peddling. The list could go on.

What are we to make of the George Soroses and Warren Buffetts and the club of the mega wealthy preferring the populist rhetoric of Barack Obama? Why did a “redistributive change”, “spread the wealth” Barack Obama move into a million-dollar mansion, or a “truth to power” Valerie Jarrett make out like a bandit from questionable insider Chicago real estate deals, or Rahm Emanuel cash grab as a director of a scandal-plagued Freddie Mac, or raise-our-taxes Timothy Geithner’s in the most tawdry fashion avoid taxes? In short, why the liberal fascination with money and privilege—and populism?

With money also comes a sort of refinement by the very fact that hoi polloi are usually kept at a distance—the Kennedys discussing health care from their beach compound, John Kerry from one of his numerous homes lambasting greed, Governor Corzine, awash in $400 million of Goldman-Sachs bonus money, deploring rightist obstructionism to his anti-poverty plans. In other words, the rich like their alliances with the distant objects of their affection, as long as the many remain suitably distant.

There is some real big money in leftwing capitalism. Look at Gore again, and his outrage when asked about the propriety of it all (his argument boils down to: ‘How dare you to insinuate that me, Al Gore, savior of your planet, would ever be interested in making a hundred million off it!), or Charles Rangel’s furor at questions about his corruption, or

Franklin Rains essentially looted what he could get from Freddie Mac, but as a man of the people such despicable compensation was, well, a mere distraction from populism. In other words, liberalism is smart business practice in the world of big money, an enhancement of right-wing capitalist me-first money-making. The wealthier the Wall Street wheeler-dealer, the more likely, in Robert Rubin fashion, one was to embrace Clinton and Obama. Hundred-million-dollar liberalism not only legitimizes and shields great wealth, but says, “Oh, by the way, for a few years I dabbled as one of those lucre-chasing capitalists and found what they do quite easy, actually.”

http://pajamasmedia.com/victordavishans ... lutocracy/



go Glenn Beck
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ibposing
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