Monday, February 23, 2009

The Brooks Brothers Revolt

It's probably too late to get into the whole Rick Santelli thing but a few comments about it, other than he definitely Wall Worthy.

1)It does seem rather an American thing that a rich person is able to start a populist revolt by protesting over something that will prevent him from continuing to become an even richer person. We do like our rich people here in the U.S. of A. In fact, huge parts of our economic system is based on ways to ensure rich people get richer, all with the full endorsement of the non-rich American people who somehow feel that it's in their best interests for this to happen. See "Reaganomics". We here in America operate under some sort of Bizarro Marxism where the working class won't be happy unless the ruling class keep the means of production

2)The rant does show that we've come a long way in that the rich and powerful now have to resort to whining on a trading floor to whenever their status is threatened. In earlier times, they'd resort to other ways to handle attempts to take some of their power away-- like mass beheadings, or banishing them from their feudal manor or selling people into slavery after sleeping with their virgin daughters. Luckily for us, they can't do that anymore. Instead, we'll have to just be content in letting them run everything.

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