Friday, September 27, 2013


Plutocrats are back with a vengeance. More often than not, these people (if you can call them that) act as if their vast wealth and power were the product of predestination. That is, they were chosen by god to be wealthy beyond all wealth. As rich as Croesus, as it were.

These people make Ayn Rand look like Mother Teresa.

I read about two plutocrats this morning in an op-ed by Nobel-Prize winner, Paul Krugman of "The New York Times."

One was an ex-client of mine, Robert Benmosche, the Chief Executive of American International Group (AIG.) Benmosche, whose financial malpractice almost brought down AIG and the world's economy, granted large bonuses to key AIG executives. Benmosche compared the backlash over these bonuses "just as bad and just as wrong" as lynchings in the Deep South.

Another such bloodsucker is Steven Schwarzman, chairman of the Blackstone Group. He declared the movement to get people like him (who make billions and pay tax at a 15% Federal rate) "it's like war; it's like when Hitler invaded Poland in 1939."

Yesterday a friend wrote that he saw a job listing online.

You had to be award-winning.

Had to know all current software.

Had to have your own Mac.

Had to work onsite.

The pay was $20/hr.

The plutocrats deserve billions.

The workers deserve to starve.

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