Saturday, November 03, 2012

Knowing The Enemy

This is a long, thorough article classifying the various creeps, liars, and sociopaths infesting the upper rungs of the economic ladder. It is well worth reading, especially if you're feeling the need for a sorta academic fix.

How Fox News created a new culture of idiots -
...Bar Patron 1 credits his job entirely to his own talent. Notice that he does not deny the plain fact that society has just bailed out the whole industry, saving many “smart” people from together wrecking the whole system. What he claims is that this plain fact is nevertheless wholly irrelevant to what bankers are due. The feeling seems to be widely shared in the industry. Bankers feel very sure of their entitlement to enormous benefits, and therefore feel mystified and even victimized by the suggestion that they are overpaid. Indeed, in interviews with bankers about the Occupy Wall Street protesters, bankers privately say that their critics lack an appropriate sense of gratitude...

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