If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(Huffington Post)   I don't know which is worse, that this letter was written or that some editor at the Wall Street Journal decided to run it. (Link is indirect because of the WSJ's paywall.)   (huffingtonpost.com) divider line 96
    More: Dumbass, Wall Street Journal, Holocaust, Kristallnacht  
•       •       •

7084 clicks; posted to Politics » on 26 Jan 2014 at 5:41 PM (29 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Smartest)
View Voting Results: Smartest and Funniest

2014-01-26 06:01:32 PM
19 votes:
Mr. Perkins,

Given your moderate wealth, it's somewhat disappointing to see such a poor grasp of history being portrayed in your allegory. While I understand a man in your position must have many demands on his time, surely you can afford a reputable tutor to explain this clearly.

What you are seeing is more closely reflected in the French Revolution, the issuing of the Magna Carta, the sacking of Rome and even the American Revolution in terms of how the general populace feels towards the progressive 1%.

You see, Mr. Perkins, there comes a time where the abuses and malfeasance of the ruling class becomes too onerous to bear, and the ones who have borne the weight of these sins become violent. It is a pattern repeated countless times in both past and modern history with fairly predicable results for said ruling members.

Perhaps if you devoted more time and effort towards alleviating and atoning for the toxic methods used by the corporate and banking regimes that caused this economic fiasco, we would begin to see ourselves out of the mire, and be less inclined to take it oiut of your collective hides.

Pound of flesh, Mr. Perkins.
2014-01-26 06:09:34 PM
18 votes:
If class warfare is real, it wasn't the common American who started it.

It wasn't the common American who plundered Congress.

It wasn't the common American who sent millions of jobs abroad to cater to share holders.

It wasn't the common American who bought legislation to advance their own financial worth.

It wasn't the common American who caused the largest economic collapse since the Great Depression.
2014-01-26 05:51:57 PM
10 votes:

Boloxor the Insipid: The lesson of Nazi Germany is not that crazy people get into office and do bad things, it is that an entire population can group think its way to concentration camps.

The jews of germany and the 1% in America are the same thing: they are scapegoats.


Except that the Jews didn't control Germany.
2014-01-26 06:04:20 PM
9 votes:

Boloxor the Insipid: The jews of germany and the 1% in America are the same thing: they are scapegoats.


If you actually cause the problem, you are, by definition, not a scapegoat.
vpb [TotalFark]
2014-01-26 11:49:36 AM
9 votes:
The odd thing is that he basically proves that hatred of the "1%" is pretty appropriate.
2014-01-26 05:09:04 PM
8 votes:
www.theartblog.orgimg.fark.net

Closer match.
2014-01-26 11:09:58 PM
7 votes:
Ignore me if this isn't a new observation, but something just clicked for me... These tools are genuinely a little bit scared, aren't they?

I mean, we make jokes about the French Revolution and show pictures of the guillotine, mostly out of frustration that these people don't seem to realize that they're living in a different world and don't understand that true victimization isn't a 1% capital gains tax increase. But I'm starting to think that some of them are getting a little nervous that the riff-raff might actually start coming after them. If this tool can compare the harassment of the Jews in Germany with civil unrest among the 99%, there's some part of his brain that really actually honestly genuinely does feel a little bit threatened.

And the thing about the 1% getting scared is that they honestly don't know how to defuse the situation they've created. They can't increase the moribund wages of their employees or ensure better access to the privileges of employment, nor can they pay more in progressive taxes to prevent the collapse of our social system, because everything they've heard and read for the last thirty years has told them that that's Wrong. So they're wracking their brains trying to come up with something else. A lot of them, like this idiot here, have decided to tell us how put-upon and victimized they feel. Don't you feel sorry for him now? Don't you feel bad that you hurt his feelings? Poor little thing. ...Why are you looking at him that way?
2014-01-26 03:29:24 PM
7 votes:

themindiswatching: Which Fark Independents™ are going to white knight this dude?  I'm going to guess none.


I'll observe that this would have been completely appropriate had he said it would be a Communist purge. After all, if the 1% are as arrogant as the Russian nobility and that willing to tell everyone else to fark off, OF COURSE people will rise up and slaughter them.
2014-01-26 06:49:42 PM
6 votes:
The best solace that the 99% of us can have is that no matter how much profit, how many capital gains, how many tax breaks, how many superbly starved and artificially enhanced women jump into his bed, no matter what kind of car he drives or homes he owns, a man like this can never, never purchase the one thing that he craves-genuine, heartfelt respect and admiration.
2014-01-26 06:25:17 PM
6 votes:
What's really scary is this guy actually thinks this way.  How isolated from your fellow humans do you have to be to have the world view this letter shows.

While you think about that, think about this; him and people like him are the people who have the power currently.

This letter doesn't make me angry it scares the shyte out of me.  Gods only knows what those crazy, isolated, and powerful people are contemplating.
2014-01-26 08:48:59 PM
5 votes:
WSJ is just Fox News for the rich.
2014-01-26 06:32:13 PM
5 votes:

Mikey1969: Well the nice part is that he didn't go shattering any stereotypes or anything. I believed most super rich people were total pieces of shiat who have no real world perspective, and he reinforced that belief.


It's almost as if super-rich people care nothing about anyone else but themselves and will actively fark over any other human being if it means a higher payday.

The comparisons between the super-rich and super-successful businessmen on Wall Street and your manipulative sociopath in the psych ward are uncanny at times. You basically have to be mentally ill and willing to harm other human beings without guilt or remorse in order to be extremely rich.

Not always the rule. Warren Buffet and Bill Gates for example. But for the most part the economic 'leaders' of this country are sociopaths who care only for their own purse and their immediate family who are similarly self-centered.
2014-01-26 12:12:31 PM
5 votes:
After reading that, I'm kinda hoping that he's right.
2014-01-26 08:52:20 PM
4 votes:

jjorsett: Super Chronic: Why did the WSJ publish this? Might have something to do with the fact that Perkins is Murdoch's buddy and used to sit on the board of directors of News Corp.

Maybe they think airing a wide range of opinion is good. Viewpoint discrimination is more of a lefty thing. You know, like, "We're not publishing any more letters disagreeing with climate change," or, "If you hold conservative values I dislike, get the hell out of New York."


Why do you always seem to think that you can defend evil, stupid right wingers who exist, and are the actual subject of the articles we are discussing, by citing the alleged behavior of imaginary "leftists"?
2014-01-26 08:18:22 PM
4 votes:
The rich are parasites on the American middle class. 40 years after the trickle down experiment began its plain to see that this flawed ideology does nothing of the kind. This guy needs a tax increase as large as his ego. Eat the rich before they eat you.
2014-01-26 07:50:52 PM
4 votes:
The big motivation that drives corksuckers like this isn't just from the owning of craptons of luxury items and vast amounts of wealth. They want, no, insist upon us proles worshiping them for being rich. The idea of us worms all adoring them for being so stinkin' loaded with cash gives them that little rush they feel of thinking that they are better than the rest of us.

So of course, the fact that us drones dare to not sing  praises from the work pits any longer baffles and troubles the Elites. There's no longer that big rush they get from flaunting around in their fur coats and 4 million dollar Venenos because they get glares & scowls instead of the OOOs and AHHHs they are accustomed to.

And so, in their little poutrage, they have their secretaries type up missives like this, where the Masters of the Universe declare their superiority over all to Know Their Place and not even make a single peep of their umbrage. Shut up! Obey! Resume worshiping us rich, your Gods! Obey!
2014-01-26 07:08:37 PM
4 votes:
i.imgur.com
2014-01-26 05:51:57 PM
4 votes:

Boloxor the Insipid: The lesson of Nazi Germany is not that crazy people get into office and do bad things, it is that an entire population can group think its way to concentration camps.

The jews of germany and the 1% in America are the same thing: they are scapegoats.


That's just a silly thing to say.
2014-01-26 11:29:43 AM
4 votes:
I don't think this guy understands how good the NAZIs were for large corporate interests.
2014-01-26 10:38:23 AM
4 votes:
Unlike him, most people, including progressive types, have never killed anyone.
2014-01-26 10:07:39 PM
3 votes:

jso2897: jjorsett: Super Chronic: Why did the WSJ publish this? Might have something to do with the fact that Perkins is Murdoch's buddy and used to sit on the board of directors of News Corp.

Maybe they think airing a wide range of opinion is good. Viewpoint discrimination is more of a lefty thing. You know, like, "We're not publishing any more letters disagreeing with climate change," or, "If you hold conservative values I dislike, get the hell out of New York."

Why do you always seem to think that you can defend evil, stupid right wingers who exist, and are the actual subject of the articles we are discussing, by citing the alleged behavior of imaginary "leftists"?


Because it's easier than thinking.

I will give Bill Clinton credit--someone who I'm not real fond of, but who I will give props to on occasion because the Big Dog wasn't a fool--he recognized the NeoCon tendency to lockstep, and used that tendency, to push them further Right. Intransigence became a hallmark of the opposition he faced, and he led them down the Merry Garden Path to support some things that have proved simply asinine, and to expend a lot of cash to "prove" their asininity has some logical, scholastic base. By putting a stamp firmly in the middle of the road, the GOP was forced to take further right positions just to set themselves apart from their opposition, and the vilify such things as Head Start, school lunches, and even the thought of infrastructure improvements. It has been effective, because the GOP keeps trying to ascribe the lockstep mentality to everyone else as well. Both sides are bad et all, but what he did was set out a strategy for putting the GOP to keep on a defensive strategy, and when they do go out on an attack, they've left a LOT of ground open, because of widespread opposition to things that...well, they ain't exactly terrible.

I will likewise give Obama some credit, for doing something similar. I still think he needs to come out in favor of football, baseball, apple pie, and express his admiration for Ford and Chevy brand trucks, just to watch the Congress line up to tell everyone how terrible it is that the President sided with such Pinko-Commie institutions, and just let the knee jerk opponents twist themselves up to find reasons to tell their constituents how terrible a thing it was.

At this point, the captive press does have a lot of cash in it, and good advertising to keep their voters listening, even if it can be torn down when they have to leave the bubble. It's easier to talk about "leftists" because examining the corruption in the ranks makes less waves. It's nice to have distractions. And the more untenable the positions, the quicker folks are to invoke the ebbil Commie-Socio-Fascists, even if those folks are espousing positions that the GOP found palatable, or even forwarded themselves at one point. Yes, I'm looking at the ACA right now. With some withering gaze, but you'll have to imagine it.

The Party has become reactionary, and knee jerk in that reactionism. And that's what's sad, because it's firmly rooted in that subjective reality bubble that the NeoCons really like to live in. Not as a useful concept to understand human relations, but as a place to live in, and scatter furniture about to make it comfy. New position, they've got a horde of nice folks who are willing to play fetch and carry for them to move said furniture to the new digs, and who don't seem to realize that all those tables and chairs that they're lugging actually mean that the position has moved. It takes some serious work to get that level of cognitive dissonance, and at least we can take some comfort that the talking heads, with a few notable exceptions like Ted Nuget and Victoria Jackson, understand their role, and are perfectly willing to trade their dignity and integrity for cash in hand. That they then try to claim some moral superiority for this sudden shift, and a refusal to even recognize their shift, well, I think that one of their heroes said something about hypocrites and those who pray in public, but THAT particular cat isn't so popular, what with the whole message about helping folks, forgiveness and charity and kindness.

The sad thing is: if you want to take the moral high ground, you have to actually occupy that territory first. And far too many folks just figure you just keep shouting that you HAVE IT! all the while spilling lies, cash, and detailed receipts for hookers and blow from pockets, and figure that the rubes will NEVER connect the dots, so long as the media keeps it quiet. And America isn't quite there to waking up, but a few more dings in the economy by shipping yet another round of jobs overseas while bolstering Wall Street positions, and we may get there.
2014-01-26 09:27:40 PM
3 votes:
I have no words. Normally, I'd rant & rave, but the simple fact is that he is right in one very key point.

It is, indeed, time to deal with the appalling income inequity generated by a globe that encourages the rich to exploit the poor to the point of brutality, even as the rich laugh at the poor for complaining about it.

Now, at this point, I'd express some pithy statement about remembering this come the next election, but what's the point? The candidates for which you will be groomed have largely been chosen, and they're not going to be people who plan on dealing with this inequity - because they're in on the gig. They, too, are rich. They, too, plan on staying rich. They, too, will perform whatever action is necessary to placate the poor while ensuring that the rich stay rich, because as long as the illusion remains, we'll remain content.

Our representative democracy is broken. It was broken about three decades or so ago, and rich assholes like this one, who believe that ethics & morality are just games to be played as their actions directly contribute to the harm of millions, if not billions, on this planet, continued to widen the breach for their own benefit. And we let them - hell, some of us are cheering these bastards on. We won't push back hard enough, because of the illusion that, gee, if we're really lucky or if we really work hard, we, too, might become one of them. The odds are about 85 in 7,139,000,000. You're better off betting your future on a Lotto ticket.
2014-01-26 08:06:11 PM
3 votes:
I caught how he refers to the wealthiest 1% as the "successful" 1%.
Nice to know that all us dumb assholes out here who work or have worked all our lives, feeding, clothing and housing ourselves and our families, educating our kids, making and providing everything his soft, spoiled, lazy ass uses - are all failures.

Scapegoat, my foot.
Christ, what an asshole.
2014-01-26 07:35:00 PM
3 votes:
Well when all logic fails just Godwin the argument.

I was going to say something snarky akin to not minding if he was in a concentration camp, but the time for snark has passed. I want a peaceful upheaval of the current system, I want passive income gone, a system of debt gone, labor being properly valued, and a system where capitalism serves the people, not the people serving capitalism.
2014-01-26 06:26:54 PM
3 votes:

meyerkev: Among other things, the Republicans have all the guns, and most of the actual military training*.


Military is just about evenly split between registered Democrats and Republicans, actually.  All the right-wingers fantasizing about the day the military overthrows the tyrannical federal government are going to have a big surprise that day.

Parthenogenetic: All of you complaining about how you have suffered at the hands of America's Job Creators, I have some questions for you.

How many of you are underweight?

How many of you lack clothing or shelter?

How many of you have a refrigerator, television, internet connection, and computer?  HA HA trick question, or else you wouldn't be reading this right now!

Well then, I fail to see what you are complaining about.


Remember, if you aren't literally starving to death, you have no right to complain about systemic inequalities built into our economic systems.
2014-01-26 06:10:38 PM
3 votes:
So does this mean that the author actually thinks that the Jews in Europe were actually the 1% of their age? This would of course confirm and justify the stereotypes that were applied to jews at that time.
This mean he is justifying the holocaust.  The bastard.
2014-01-26 06:01:57 PM
3 votes:

2wolves: [www.theartblog.org image 247x388][img.fark.net image 570x238]

Closer match.


Dayum that's uncanny. He's just like Doctor Smith but maybe with a touch of trollface guy as well.

Maybe more than a touch.

Seriously, comparing himself to Jews in Germany under Hitler because people are starting to notice the increased wealth inequality?

Sure, the internet has a lot more people posting pics of guillotines than say before OWS came on the scene but that is pure hyperbole most of the time.

IRL, the rich have never had it so good.
2014-01-26 01:36:17 PM
3 votes:
We don't see enough Reductio ad Hitlerum in print.
2014-01-26 11:26:12 AM
3 votes:
Holy shiat, what an asshole. Better get more tax cuts for people like him post haste, lest he feel any worse.
2014-01-27 09:44:03 AM
2 votes:

Phinn: Gyrfalcon: Isn't that sad? Gee, that's sad. If only there were some way for me to express my sadness.

[buelahman.files.wordpress.com image 355x367]

Gee, I wonder where he got the idea that violence systemic oppression and genocide was being threatened.


When comparing something to Nazi Germany, you don't get to play it off as "violence" like it was just a couple Hitler's Youth beating up an old Jew in an alley.  If you're going to make the comparison, and don't want to look like an utter tool, you should be comparing it to something that actually involves a few million deaths at least.  This guy is almost reaching Roger "There are Liberal hit squads out to get me" Ailes levels of delusional paranoia and people posting guillotine pics on the Internet doesn't make it any less delusional.

Perkins' analogy is bad, and you should feel bad for defending it.
2014-01-27 01:41:22 AM
2 votes:
pbs.twimg.com

You're probably making 10% less than you were 10 years ago. The top 0.01% is making 76.2% more. pic.twitter.com/nYQIpWobfC

- Critical Reading (@CriticalReading) December 21, 2013

Leave the rich alone! They're barely surviving!
2014-01-26 10:29:04 PM
2 votes:
I'd be okay with a night of broken glass for tax cheats in the top .1%
2014-01-26 10:18:26 PM
2 votes:

Satanic_Hamster: jso2897: I caught how he refers to the wealthiest 1% as the "successful" 1%.
Nice to know that all us dumb assholes out here who work or have worked all our lives, feeding, clothing and housing ourselves and our families, educating our kids, making and providing everything his soft, spoiled, lazy ass uses - are all failures.

Scapegoat, my foot.
Christ, what an asshole.

That and the bullshiat belief that everyone with lots of money EARNED it.  They'd like everyone to believe they started as poor dirt farmers and crawled their way to the top with no help from no one.


Or as Molly Ivins once said about George Bush, "He was born on third-base, and thinks he hit a triple."
2014-01-26 10:16:02 PM
2 votes:

jso2897: I caught how he refers to the wealthiest 1% as the "successful" 1%.
Nice to know that all us dumb assholes out here who work or have worked all our lives, feeding, clothing and housing ourselves and our families, educating our kids, making and providing everything his soft, spoiled, lazy ass uses - are all failures.

Scapegoat, my foot.
Christ, what an asshole.


That and the bullshiat belief that everyone with lots of money EARNED it.  They'd like everyone to believe they started as poor dirt farmers and crawled their way to the top with no help from no one.
2014-01-26 09:52:15 PM
2 votes:
The fact that all these rich people are protesting so much leads me to believe they whiff that the people are on to them. They know their riches are ill gotten and BS. Like it could all come crashing down. It's one thing to be rich, but they have to all be such colossal dicks?
2014-01-26 08:20:10 PM
2 votes:

Jim_Callahan: "Progressive" refers to a specific economic policy where the proportional costs of government are increased progressively as income increases, thus the term. And more broadly to policies that advocate placing proportionally more of the figurative "cost of doing business" of operating the country on the more affluent.


That's not what it is at all. I can tell you what it is.

*ahem*

"Progressive" was a social movement that came about in the 1890s and peaked in the 1920s with the rise of the leisure class, the flapper chic and the empowerment of women in areas of finance, politics and law. It was a stark social reaction to the "Gilded Age" of post-Civil War America which saw rapid advancements in manufacturing and industrial productivity but at the expense of standard of living, as extreme inequitable distribution of affluence led to two crushing Depressions and two World Wars.

Progressivism essentially refers to the moral and ethical interactions between groups of people, and seeks to improve them (ie: progress). Progressive politics marked the beginning of social righteousness, and while some on the right may have a problem with some or all of its activist causes (women's suffrage, prohibition, civil rights), I think everyone can agree that it has effectively made life a little more pleasant for the average person.

/my words, not Wikis
2014-01-26 07:59:53 PM
2 votes:
I don't know which is worse, that this letter was written or that some editor at the Wall Street Journal decided to run it.

The answer is: The WSJ printing it is worse.

There are tons of crackpots out there, and just because somebody is a rich old coont, it doesn't make their crackpottery print-worthy.
2014-01-26 07:28:37 PM
2 votes:

jjorsett: Super Chronic: Why did the WSJ publish this? Might have something to do with the fact that Perkins is Murdoch's buddy and used to sit on the board of directors of News Corp.

Maybe they think airing a wide range of opinion is good. Viewpoint discrimination is more of a lefty thing. You know, like, "We're not publishing any more letters disagreeing with climate change," or, "If you hold conservative values I dislike, get the hell out of New York."


Exactly!  They're boldly pushing edgy, alternative viewpoints, like, "Why can't we go back to the old days when WASPs were in charge of everything and we used quotas to keep Jews and Catholics out of elite private schools?"  We need public political dialogue to include such brave new insights.

/And you may have misread the Cuomo quote:

You have a schism within the Republican Party. ... They're searching to define their soul, that's what's going on. Is the Republican party in this state a moderate party or is it an extreme conservative party? That's what they're trying to figure out. It's a mirror of what's going on in Washington. The gridlock in Washington is less about Democrats and Republicans. It's more about extreme Republicans versus moderate Republicans.
... You're seeing that play out in New York. ... The Republican Party candidates are running against the SAFE Act - it was voted for by moderate Republicans who run the Senate! Their problem is not me and the Democrats; their problem is themselves. Who are they? Are they these extreme conservatives who are right-to-life, pro-assault-weapon, anti-gay? Is that who they are? Because if that's who they are and they're the extreme conservatives, they have no place in the state of New York, because that's not who New Yorkers are.
 If they're moderate Republicans like in the Senate right now, who control the Senate - moderate Republicans have a place in their state. George Pataki was governor of this state as a moderate Republican; but not what you're hearing from them on the far right."

http://blog.timesunion.com/capitol/archives/203801/cuomo-extreme-con se rvatives-have-no-place-in-the-state-of-new-york/

//Seems like he was complaining about the extreme Republicans who were against the moderates in their own party.
///Just as the extremists in the GOP wish to purge the RINOs from their party.
2014-01-26 07:19:40 PM
2 votes:

zerkalo: It's not class warfare when the rich wage it


Of course not - it's classy warfare. I mean, just look at that guy's jacket/turtleneck combo.
2014-01-26 06:44:36 PM
2 votes:
img.fark.net
2014-01-26 06:44:26 PM
2 votes:

vernonFL: [i.huffpost.com image 570x238]

He looks like a Bond villain, or maybe evil Mr. Rogers.


I was thinking Patrick Stewart's douchey brother.
2014-01-26 06:25:45 PM
2 votes:

Jim_Callahan: Are you perhaps unclear on what "progressive" means?


I haz a sad. You're usually smarter than that.

"Progressivism is a broad political philosophy based on the Idea of Progress, which asserts that advances in science, technology, economic development, and social organization can improve the human condition." First sentence of the wiki on "Progressivism". I don't see much about class in that.
2014-01-26 06:24:13 PM
2 votes:
Why did the WSJ publish this? Might have something to do with the fact that Perkins is Murdoch's buddy and used to sit on the board of directors of News Corp.
2014-01-26 06:19:29 PM
2 votes:
Shut the fark up. Shut the fark up.  Shut the fark up.  Shut the fark up.  Shut the fark up.

You're making money because you happen to have skills that the market currently likes.  And in a general sense, you and people like you are creating a farkton of wealth (Given that people can afford to pay you whatever they paid you, and keep going, and you're not showing up with jackbooted thugs at people's doorsteps and forcing them to buy whatever you're selling, you're clearly giving them something worth more than they're paying you).

And we know for a fact that trying to redistribute the wealth is a fantastic way to destroy the wealth creation.  No one likes this, no one's happy about it.  But it's necessary.

And yes, SF is FARKING STUPID in the way that they're dealing with the massive influx of wealth into their city.

But you don't deserve that.  It's not inherent.  It was skill plus luck (or possibly inheritance, which was just plain luck, though not blowing it all on hookers and blow required some exceedingly minimal skill).  And it's not Kristallnacht  yet.  Among other things, the Republicans have all the guns, and most of the actual military training*.  And shutting the fark up and just carrying on about your day is a MUCH BETTER way to prevent that from ever happening than coming across as an entitled asshole.

Shut the fark up.

*To wit:  "Nobody really thinks whites are as evil as portrayed by white liberals and black demagogues. If they really thought so, they'd be too afraid to ever leave the house, since a) there are a lot more whites, b) those whites are much better armed, c) they're more likely to be veterans of the Army's and Marine Corps' ground gaining combat arms, and d) they have an historically demonstrated cultural aptitude for mass, organized violence."
2014-01-26 06:15:44 PM
2 votes:
He reminds me of Patrick Stewart, but with more hair. Appearance, anyway.

Internally, in the metaphysical sense... he strikes me as an uncanny doppelganger to Montgomery Burns without the charm.
2014-01-26 06:15:29 PM
2 votes:
On the bright side this thread has given me a new addition to my "Stupidest Things Ever Said on Fark" file.
2014-01-26 06:15:18 PM
2 votes:
Isn't that sad? Gee, that's sad. If only there were some way for me to express my sadness.

buelahman.files.wordpress.com
2014-01-26 05:55:28 PM
2 votes:

vernonFL: He looks like a Bond villain, or maybe evil Mr. Rogers.


Oddly enough he was convicted of manslaughter in 1996 for killing someone.  With his yacht.
2014-01-27 01:46:53 PM
1 votes:
We've reached the point where their obscene wealth is making them actually, literally insane.
2014-01-27 10:47:51 AM
1 votes:
pbs.twimg.com
2014-01-27 10:39:22 AM
1 votes:

Flaumig: We have a system that has been manipulated over the course of decades to keep people like Perkins as rich as humanly possible at the expense of just about everyone else in the country.



Amen!  Sing it, sister!  I'm right there with you.


Flaumig: Given that the people who have the power to change that are either actively supporting the status quo, or doing nothing to enact positive change, what solutions would you offer?



Eliminating the massive financial rip-off that is our ass-farked monetary system.

I like to give one recent example -- even more recent than the time that the financial industry snapped its fingers and got a $700 billion gift by overnight delivery.  It's this:

www.creditwritedowns.com

What happened in August 2009, you might ask?  The Federal Reserve is the bankers' bank.  All banks are members of this cartel, and they all have bank accounts there.  They are required to keep a certain amount on deposit, and required to keep their own fund of reserves, which is the liquid assets they must have, as opposed to all of the other investments they make in loans and such.  Everything more than the mandatory minimum is "excess." Banks hate excess.  That's money that isn't out on the street, earning interest.  They are effectively obligated to lend out the excess.

In 2009, following the Bank of England's lead, the Fed gave banks a pass on lending money, because the economy sucked.  All investments were looking like potential losses.  They wanted to keep their money to themselves, but they can't.  They have to find something.  The Fed started offering a 0.25% return on all Excess Reserve deposits that the banks deposited back at the Fed.  That 0.25% looked a LOT better than investing it in mortgages, for example.  where they were looking at a -20% return.

The problem is that the Fed is the black hole of money.  It does no business with anyone except banks and the government.  You can't get a business loan from the Fed.  Money that goes there no longer exists.  It's retired from circulation.

So, this tiny interest rate on Excess Reserve deposits, is a place to park money.  It's a time-out from banks having to get in the game.  In other words, this Fed policy sucked $1.2 trillion out of the US economy, all on its own, almost overnight.


Flaumig: It may be distasteful, it may mean that we're barbarians for suggesting it, but when the only legal weapon you have against someone is the very weapon they're using to fark you over, maybe it's necessary to use a different kind of weapon that will solve the issue permanently.



Attending the guillotining festival isn't really my style.  It will (or won't) happen whether I cheer-lead for it or denounce it.

But I was merely commenting on the fact that Mr. Perkins isn't exactly wrong when he says that mass violence is about good match-strike away.  He can't both be wrong about that assessment, and the object of murderous threats at the same time.
2014-01-27 10:18:03 AM
1 votes:

Phinn: I created this alt just for this thread: When comparing something to Nazi Germany, you don't get to play it off as "violence" like it was just a couple Hitler's Youth beating up an old Jew in an alley.

The Reign of Terror, as depicted in the image from Gyrfalcon that I was responding to, was not isolated, but systemic.

From Wikipedia: "The death toll ranged in the tens of thousands, with 16,594 executed by guillotine, and another 25,000 in summary executions across France."

So, the position from a number of FarkProg posters here is not so much that Perkins is cray-cray to think there's a nascent threat of mass murder, but that it's justified, which is a substantially different argument.


We have a system that has been manipulated over the course of decades to keep people like Perkins as rich as humanly possible at the expense of just about everyone else in the country.  Given that the people who have the power to change that are either actively supporting the status quo, or doing nothing to enact positive change, what solutions would you offer?  It may be distasteful, it may mean that we're barbarians for suggesting it, but when the only legal weapon you have against someone is the very weapon they're using to fark you over, maybe it's necessary to use a different kind of weapon that will solve the issue permanently.
2014-01-27 10:08:04 AM
1 votes:

Phinn: I created this alt just for this thread: When comparing something to Nazi Germany, you don't get to play it off as "violence" like it was just a couple Hitler's Youth beating up an old Jew in an alley.

The Reign of Terror, as depicted in the image from Gyrfalcon that I was responding to, was not isolated, but systemic.

From Wikipedia: "The death toll ranged in the tens of thousands, with 16,594 executed by guillotine, and another 25,000 in summary executions across France."

So, the position from a number of FarkProg posters here is not so much that Perkins is cray-cray to think there's a nascent threat of mass murder, but that it's justified, which is a substantially different argument.


I wouldn't participate, but I wouldn't interfere either.

farm4.staticflickr.com
2014-01-27 09:43:20 AM
1 votes:

Jim_Callahan: "Progressive" refers to a specific economic policy where the proportional costs of government are increased progressively as income increases, thus the term.


Holy shat you're an idiot.

The "progressive" income tax has nothing to do with "progressivism." It's named that because the tax rate progresses higher as income is higher.
2014-01-27 05:01:37 AM
1 votes:
Well at least we know who the real victims are. It's the poor little rich boys that are complaining about the taxes on their mansion instead of being in jail for killing someone.

Anyone organizing this guy's telethon yet?
2014-01-27 02:14:56 AM
1 votes:
Your standard Google employee is not part of the 1%.

Why would they be employed and take a bus to work if they could take a helicopter to the beach?

Assuming that someone in an employment relationship is part of the 1% is the biggest lie the 1% has ever perpetuated. 1% wealth does not come from employment.
2014-01-27 12:29:05 AM
1 votes:

peasandcarrots: Ignore me if this isn't a new observation, but something just clicked for me... These tools are genuinely a little bit scared, aren't they?


Some are.  From what I can tell, there seem to be three major camps:

1.) People like (seemingly) Warren Buffet, who are concerned by the growing gap between rich and poor
2.) People like Lee Iacocca who don't really seem all that troubled by income inequality but do nice things because they understand that they don't want to be at the wrong end of a revolution
3.) People like Jamie Dimon who are looking out for #1 and are oblivious to the social unrest caused by this sort of behavior

It's the idiots in category three that are causing all the trouble.
2014-01-26 11:47:56 PM
1 votes:

peasandcarrots: They can't increase the moribund wages of their employees or ensure better access to the privileges of employment, nor can they pay more in progressive taxes to prevent the collapse of our social system, because everything they've heard and read for the last thirty years has told them that that's Wrong


That and (being really, really insanely ruthless):

* If you don't raise costs (via higher wages or more taxes to fund yet more ineffective welfare handouts instead of some infrastructure), there's a riot.
* If you raise costs and don't raise prices, your profit goes down, your personal wealth goes down and the stock price collapses.
* Sub: If you raise costs by hiring better workers, you've just farked over the poor, and haven't prevented that damn riot.  (Just saying.  Costco pays more than Walmart, and in general, the people at Costco are better workers, IMO).  In fact, you've made it worse because now the poor are unemployed.
* If everyone raises costs and doesn't raise prices, the stock market collapses and every pension fund and retirement account in the USA becomes insolvent overnight (and then there's a riot and a recession.  Just saying.  There's a reason why Wall Street is untouchable and it's not just "Fark you, we're rich.".  It's "Fark you, we own your retirement funds.").
* If you raise costs AND prices, your competitors put you out of business.
* If you raise prices by shifting to serving a richer clientele, you've just farked over the poor and now there's a riot.
* If everyone raises costs and prices, you put a squeeze on the middle class, kick off massive inflation,  and put the poor right back to where they were (And then there's a  bigriot by both the poor and middle-class whites.  And trust me.  Middle class whites are a LOT more effective at rioting than poor blacks when they really put a mind to it.  Among other things, they own all the legal guns.)

So there's absolutely no way out of this that doesn't involve getting shot at by poor people or middle-class people.

Well, actually there's one.  You ruthlessly prioritize productivity over everything else so that that better class of worker doesn't force you to raise costs, put just enough money into welfare to keep the poor from shooting at you, and then shove about half the extra profit into charity so that the middle class doesn't shoot at you because they're too busy admiring the new elementary school.  And as a super bonus, you get even richer.
2014-01-26 11:44:29 PM
1 votes:

Lsherm: UNAUTHORIZED FINGER: Satanic_Hamster: jso2897: I caught how he refers to the wealthiest 1% as the "successful" 1%.
Nice to know that all us dumb assholes out here who work or have worked all our lives, feeding, clothing and housing ourselves and our families, educating our kids, making and providing everything his soft, spoiled, lazy ass uses - are all failures.

Scapegoat, my foot.
Christ, what an asshole.

That and the bullshiat belief that everyone with lots of money EARNED it.  They'd like everyone to believe they started as poor dirt farmers and crawled their way to the top with no help from no one.

Or as Molly Ivins once said about George Bush, "He was born on third-base, and thinks he hit a triple."

Not an Ivins quote.  She was like an fourth thief, or something.


Yeah, that was my bad, I misattributed it to Ivins. She quoted Jim Hightower in one of her books, and I forgot that he said it. Still a great quote, and she knew Bush from school days. Thanks for setting that straight. :)
2014-01-26 11:09:41 PM
1 votes:

Zombie Butler: LittleJoeSF: Mrtraveler01: LittleJoeSF: Mrtraveler01: gaslight:
Do you think this is another bubble in the making?

/honest question, it's good to see SF growing again but I remember the 1990's all too well

It is totally different this time around because the current tech boom is being pushed by companies that actually have a real value (Most of them anyway), or a viable product that is or will become profitable. In the late 90's it seemed everyone was just starting companies for the sake of starting a company and maybe then selling it off for a ridiculous amount if cash.

I sure as hell hope that I am right.


.



Nah, it's a bubble and it will crash. Only way to keep it going is to keep raising salaries to keep up with the rents. This is counter to what the companies want which is higher and higher profit. Bubble.


I disagree, the rent in SF is silly high always has been. Living in SF proper is a "thing" there are plenty more less expensive rentals in south city, San Bruno and OH NOES! Oakland.

If it doesn't plateau at some point soon then there will be trouble. However if you look around the city all you see is cranes and buildings going up, easily half of those are high density condos.

We also just recently took a major digger economically due to a tech bubble and crash, we are booming right now and no one forgets what happened in 2000. I don't think it will happen again.

Thread jack aside, Judging by the pic of this ass polyp he is on an upper floor of Embarcadero 4. Next time I am up there I will be sure to fart in the elevator.
2014-01-26 10:26:52 PM
1 votes:

Nicholas D. Wolfwood: Also, has no one pointed out yet that the WSJ is owned by Rupert Murdoch?

/WTF did you expect?


Unsurprisingly, the asshat who wrote the original editorial sat on the board of directors for News Corp. until 2012.
2014-01-26 10:12:59 PM
1 votes:
I wouldn't make the comparison of 1%ers:The 99% :: Jews : Nazis...  I think it's more along the lines of 1%ers : The 99% :: French Aristocracy : French Commoners.
2014-01-26 10:06:51 PM
1 votes:
I said it the other night, but at this point I really don't care if somebody starts knifing the rich in the streets for their money.

If you want to claim yourself a victim of a Kristallnacht, I want your companies ransacked, and you and your managers beaten and killed.
2014-01-26 08:31:06 PM
1 votes:
People like this make me wish that there was a real life version of "God Bless America", with 1 percenters.
2014-01-26 08:29:37 PM
1 votes:
Your not helping...
2014-01-26 07:51:06 PM
1 votes:
Great_Milenko: vernonFL: [i.huffpost.com image 570x238]

He looks like a Bond villain, or maybe evil Mr. Rogers.

He's a psychopath.  No need to make up fake villains to compare him to.

aarontallent.com

We all go a little mad sometimes...

RIP Mr Perkins
2014-01-26 07:45:42 PM
1 votes:
First, kudos to subby for avoiding WSJ's paywall.

Second, Mr. Perkins, you're right. We're going to come for you. I believe Patrick Sky said it best 40 years ago:

In the draft board here we sit
Covered o'er with Nixon's shiat
While our sweat is turning Agnew's filthy mill
And the people, as they pass
They jam Melvin up our ass
Well I guess we've had our goddam farking fill

Fight, fight, fight for liberation
Break, break, break the social scheme
We will drag the bastards down
And we'll grind 'em in the ground
And replace them with a working class regime

Then we'll send a firing squad
After Cardinal Spellman's God
MacNamara will be the next in line
Then we'll pump some LSD
Into Jackie Kennedy
And we'll make her fark the workers overtime

Then we'll get a bloody rope
And we'll hang the farkin' pope
And we'll burn the Sistine Chapel to the ground
Then we'll turn our tommy-guns
On the screaming, ravished nuns
And the peoples' voice will be the only sound

So if you hate the Working Class,
But you'd like to save your ass
Then you better give your money to the poor!
Or we'll sell your mother's twat
To a sailor on your yacht
And we'll turn your favorite daughter to a whore!

Fight, fight, fight for liberation
Break, break, break the social scheme
We will drag the bastards down
And we'll grind 'em in the ground
And replace them with a working class regime

/sleep well, Mr. Perkins
2014-01-26 07:41:07 PM
1 votes:
A single bankruptcy is a tragedy, a million is a statistic.
2014-01-26 07:21:53 PM
1 votes:

Jim_Callahan: Yeah, don't go to wikipedia for anything related to politics. "Progressive" refers to a specific economic policy where the proportional costs of government are increased progressively as income increases, thus the term. And more broadly to policies that advocate placing proportionally more of the figurative "cost of doing business" of operating the country on the more affluent.

The word isn't derived from progress as in movement along the world-line in the direction of increasing entropy, it's from "progressive" in the sense of escalation/growth. The word originated in politics to describe differing philosophies on taxation specifically.


That's farking clownshoes and you know it. This is ex post facto etymology and smacks strongly of an axe to grind. I guess you don't like Wikipedia because it actually makes farking sense with history and the politics of the last century:

"The Progressive Era was a period of social activism and political reform in the United States, that flourished from the 1890s to the 1920s.[1] One main goal of the Progressive movement was purification of government, as Progressives tried to eliminate corruption by exposing and undercutting political machines and bosses. Many (but not all) Progressives supported prohibition in order to destroy the political power of local bosses based in saloons.[2] At the same time, women's suffrage was promoted to bring a "purer" female vote into the arena.[3] A second theme was building an Efficiency movement in every sector that could identify old ways that needed modernizing, and bring to bear scientific, medical and engineering solutions."

Many activists joined efforts to reform local government, public education, medicine, finance, insurance, industry, railroads, churches, and many other areas. Progressives transformed, professionalized and made "scientific" the social sciences, especially history,[4] economics,[5] and political science.[6] In academic fields the day of the amateur author gave way to the research professor who published in the new scholarly journals and presses. The national political leaders included Theodore Roosevelt, Robert M. La Follette, Sr., and Charles Evans Hughes on the Republican side, and William Jennings Bryan, Woodrow Wilson and Al Smith on the Democratic side."

Initially the movement operated chiefly at local levels; later it expanded to state and national levels. Progressives drew support from the middle class, and supporters included many lawyers, teachers, physicians, ministers and business people.[7] The Progressives strongly supported scientific methods as applied to economics, government, industry, finance, medicine, schooling, theology, education, and even the family. They closely followed advances underway at the time in Western Europe[8] and adopted numerous policies, such as a major transformation of the banking system by creating the Federal Reserve System in 1913.[9] Reformers felt that old-fashioned ways meant waste and inefficiency, and eagerly sought out the "one best system".[10][11]


The major problem you can link to Progressivism is that there is no "one best system", which can lead to disillusionment or, a la Buckley, accusations of "immanentizing the eschaton". It has fark-all to do with Maoism, Communism or anything else nasty you might want to link to the movement. Seriously, you're better than this. I never expected you to be using this bullshiat line of tired political cant.
2014-01-26 07:17:07 PM
1 votes:

jjorsett: Super Chronic: Why did the WSJ publish this? Might have something to do with the fact that Perkins is Murdoch's buddy and used to sit on the board of directors of News Corp.

Maybe they think airing a wide range of opinion is good. Viewpoint discrimination is more of a lefty thing. You know, like, "We're not publishing any more letters disagreeing with climate change," or, "If you hold conservative values I dislike, get the hell out of New York."


Yes, this sister company of Fox News is well known for valuing "a wide range of opinion".

Would you like me to move the straw container closer so you don't hurt yourself stretching?
2014-01-26 07:06:11 PM
1 votes:

Super Chronic: Why did the WSJ publish this? Might have something to do with the fact that Perkins is Murdoch's buddy and used to sit on the board of directors of News Corp.


Maybe they think airing a wide range of opinion is good. Viewpoint discrimination is more of a lefty thing. You know, like, "We're not publishing any more letters disagreeing with climate change," or, "If you hold conservative values I dislike, get the hell out of New York."
2014-01-26 07:01:57 PM
1 votes:

vpb: The odd thing is that he basically proves that hatred of the "1%" is pretty appropriate.


Warlordtrooper: I'm ok with this, lets put the 1% into concentration camps.


Thanks for proving his point.
2014-01-26 07:01:39 PM
1 votes:

capn' fun: The best solace that the 99% of us can have is that no matter how much profit, how many capital gains, how many tax breaks, how many superbly starved and artificially enhanced women jump into his bed, no matter what kind of car he drives or homes he owns, a man like this can never, never purchase the one thing that he craves-genuine, heartfelt respect and admiration.


Meh. With all that other stuff, an entourage of fawning sycophants is good enough.
2014-01-26 06:53:21 PM
1 votes:
People who compare things they don't like to Nazi Germany are worse than Hitler.
2014-01-26 06:52:02 PM
1 votes:

vernonFL: [i.huffpost.com image 570x238]

He looks like a Bond villain, or maybe evil Mr. Rogers.


He's a psychopath.  No need to make up fake villains to compare him to.
2014-01-26 06:44:10 PM
1 votes:
Pretty much every VC guy that I have ever dealt with was a complete self-absorbed douchebag. This guy is pretty much standard issue.
2014-01-26 06:38:54 PM
1 votes:

Chameleon: Remember, if you aren't literally starving to death, you have no right to complain about systemic inequalities built into our economic systems.


Not just literally, but personally. No sticking up for those less fortunate than you!
2014-01-26 06:38:14 PM
1 votes:
The WSJ clearly has it out for Mr. Perkins. There's no way this piece runs if they didn't want him to ESAD.
2014-01-26 06:37:05 PM
1 votes:
What a schmuck.
2014-01-26 06:33:03 PM
1 votes:
i hope he's from the future and not being hyperbolic.
2014-01-26 06:28:37 PM
1 votes:
Well the nice part is that he didn't go shattering any stereotypes or anything. I believed most super rich people were total pieces of shiat who have no real world perspective, and he reinforced that belief.
2014-01-26 06:20:54 PM
1 votes:
All of you complaining about how you have suffered at the hands of America's Job Creators, I have some questions for you.

How many of you are underweight?

How many of you lack clothing or shelter?

How many of you have a refrigerator, television, internet connection, and computer?  HA HA trick question, or else you wouldn't be reading this right now!

Well then, I fail to see what you are complaining about.

While you may resent the higher station of your betters, rather than enviously carp about their moral failings, why not spit out those sour grapes, get off your duffs, pull on those bootstraps, and make something out of your worthless selves?  You could be working right now at a second or third job to improve your lot in life!

If you'd rather not, because you feel that you are entitled to a life of undeserved luxury paid for by stealing the fruits of others' labors, well... the world needs easily disposable drone workers, too.

sent from my iPhone 6, via satellite internet connection on my Gulfstream G650
2014-01-26 06:20:10 PM
1 votes:
Cry moar, you farking emo biatch. With a simple transaction from any of your numbered Swiss bank accounts, you could have any Occupy protestor snuffed out. You wouldn't even have to kill them, you could just destroy their life with legalities, loss of employment, what have you. So take your whiny emo Kristalnacht bullshiat and get the fark over yourself.
2014-01-26 06:19:00 PM
1 votes:
So workers wanting to get paid a living wage is the equivalent of the Nazi Holocaust to this dude. Well there might be a vague comparison but not what he thinks. It certainly will not garner him any sympathy for his cause except from the "derp" crowd.
2014-01-26 06:16:06 PM
1 votes:

gnosis301: Relatively Obscure: Unlike him, most people, including progressive types, have never killed anyone.

This is probably the kind of guy who thinks Nazis, Bolsheviks, Maoists, and Stalinists were progressives.


Um... Bolshevism and Maoism  were progressive ideologies, they were class-based revolutions that ejected the upper classes entirely for the benefit of the lower.  Are you perhaps unclear on what "progressive" means?  Because it's not just the name of your favorite football team or whatever, it's a word, with a definition and shiat.
2014-01-26 06:13:35 PM
1 votes:

Dusk-You-n-Me: These guys truly think they are the Masters of the Universe.


Yeah. He's Stinkor.
2014-01-26 06:08:54 PM
1 votes:
Aw darn. Looks like the jig is up, everyone. We may as well crawl back to our minimal-paying jobs tomorrow morning and just be grateful that our Lords & Masters haven't released the hounds and strikebreakers on us. No hope for us and we deserve none. Whatever were we expendable peasants thinking?
2014-01-26 06:03:49 PM
1 votes:

Mrtraveler01: gaslight: From the Occupy movement to the demonization of the rich embedded in virtually every word of our local newspaper, the San Francisco Chronicle, I perceive a rising tide of hatred of the successful one percent. There is outraged public reaction to the Google buses carrying technology workers from the city to the peninsula high-tech companies which employ them. We have outrage over the rising real-estate prices which these "techno geeks" can pay.   We have, for example, libelous and cruel attacks in the Chronicle on our number-one celebrity, the author Danielle Steel, alleging that she is a "snob" despite the millions she has spent on our city's homeless and mentally ill over the past decades.

San Franciscans always find something to biatch about. I think the anger over the Google buses and the rising number of tech workers in the city is pretty stupid and misguided but I don't think that San Francisco is about to lead them to the gas chambers either.


I drive in the city almost every day and the number of buses waiting at almost every bus stop is freaking ridiculous and seriously holds up traffic. It is actually an issue.

The price of rentals is seriously inflated, this happened before in 2000 I was renting a tiny ass studio for 1200 and when the bubble burst I got it dropped to 900. Now we are in the same kind of crisis with not enough apartments and too much demand, the only difference is I don't care any more since I live in Marin.

Back in 2000 people were basically saying the same thing as they are now. And not one person has been put in an oven.

yet...
2014-01-26 06:00:37 PM
1 votes:
www.reactionface.info
2014-01-26 06:00:21 PM
1 votes:
Hurr.
2014-01-26 05:57:55 PM
1 votes:

themindiswatching: Which Fark Independents™ are going to white knight this dude?  I'm going to guess none.


You were being overly optimistic.


Boloxor the Insipid: The lesson of Nazi Germany is not that crazy people get into office and do bad things, it is that an entire population can group think its way to concentration camps.

The jews of germany and the 1% in America are the same thing: they are scapegoats.

2014-01-26 05:17:11 PM
1 votes:
Godwinned from the very beginning. What a tragic end to such a pearl of an argument...
2014-01-26 02:20:43 PM
1 votes:
These guys truly think they are the Masters of the Universe.
2014-01-26 12:31:39 PM
1 votes:
i.huffpost.com

He looks like a Bond villain, or maybe evil Mr. Rogers.
2014-01-26 11:44:09 AM
1 votes:
San Fran's # 1 celebrity is Danielle Steel? WTH? Where did that come from? ... oh fun fact: they used to be married.

/let it go, she won't renegotiate the alimony.
2014-01-26 10:12:30 AM
1 votes:
The letter by billionaire Tom Perkins:

Progressive Kristallnacht Coming?
I would call attention to the parallels of Nazi Germany to its war on its "one percent," namely its Jews, to the progressive war on the American one percent, namely the "rich."  Writing from the epicenter of progressive thought, San Francisco, I would call attention to the parallels of fascist Nazi Germany to its war on its "one percent," namely its Jews, to the progressive war on the American one percent, namely the "rich."

From the Occupy movement to the demonization of the rich embedded in virtually every word of our local newspaper, the San Francisco Chronicle, I perceive a rising tide of hatred of the successful one percent. There is outraged public reaction to the Google buses carrying technology workers from the city to the peninsula high-tech companies which employ them. We have outrage over the rising real-estate prices which these "techno geeks" can pay.   We have, for example, libelous and cruel attacks in the Chronicle on our number-one celebrity, the author Danielle Steel, alleging that she is a "snob" despite the millions she has spent on our city's homeless and mentally ill over the past decades.

This is a very dangerous drift in our American thinking. Kristallnacht was unthinkable in 1930; is its descendent "progressive" radicalism unthinkable now?

Tom Perkins
 
Displayed 96 of 96 comments

View Voting Results: Smartest and Funniest


This thread is closed to new comments.

Continue Farking
Submit a Link »






Report