Thursday, December 12, 2013

The Sarcasm Report v.182

December 11, 2013
New Republic: Techies Are the New Puritans

You can preach compassion, equality, and be the biggest lover in the world, but there is an area of town for degenerates and an area of town for the working class. There is nothing positive gained from having them so close to us. It's a burden and a liability having them so close to us. Believe me, if they added the smallest iota of value I'd consider thinking different, but the crazy toothless lady who kicks everyone that gets too close to her cardboard box hasn't made anyone's life better in a while.

Emphasis added.

I know what you must be thinking.

1. Why doesn't compassionate Greg Gopman (CEO) and all the other biggest lovers in the world just stay the @#$% away from her cardboard box?

2. Should we really expect a toothless lady (who may actually live in a cardboard box) to do anything to make the life of a CEO better?

3. Is there some sort of special bubble suit that CEOs could wear to protect them from the decaying environment around them?



9 comments:

mab said...

I love the yes men!

But it wouldn't be right if they went to a Berkshire Hathaway shareholder meeting/revival. St. Buffett and St. Munger are above reproach.

“Like it or not, the inhabitants of Wall Street, Main Street and the various Side Streets of America were all in the same boat,” - Warren Buffett, 2008 BRKD annual report.

I think the Titanic is a better analogy. Some people got onto the lifeboats, some didn't.

“There’s danger in just shoveling out money to people who say, ‘My life is a little harder than it used to be,’” ..... “At a certain place you’ve got to say to the people, ‘Suck it in and cope, buddy. Suck it in and cope.’”

I need someone to explain to me how ZIRP asset inflation policies aren't shoveling out money to people like Buffett and Munger.

As if there's no "danger" in shoveling out money to Wall St. for decades on end.

mab said...

Oops. The second quote in the above comment is from Charlie Munger.

Gotta give credit where it's due.

Just doing my part to get "credit" flowing.

dd said...

That little old lady has made my life immensely better just knowing she pissed off the f***er. We need more little old ladies kicking CEOs around; seems they're the only ones with enough gumption.

Stagflationary Mark said...

mab,

I need someone to explain to me how ZIRP asset inflation policies aren't shoveling out money to people like Buffett and Munger.

Princess Bride explains it best. ;)

"Get used to disappointment."

Stagflationary Mark said...

dd,

I share your sentiment. My life improved as well. Sarcasm Reports are just my way of spreading the love! ;)

fried said...

So many candidates for Scrooge, so hard to choose a winner.
My perennial choice is Charles Munger, but YMMV.

On a happier note, as a lapsed Catholic, I am really liking this Pope Francis. Imagine, trying to introduce Christianity into the Church...who said miracles never happen?

Stagflationary Mark said...

fried,

Haven't you heard?

Pope Francis: Free Market-Hater

In all seriousness, check out the comments of Phil Keller, lol. Here's one to get you started.

And I suppose you both subscribe to the school of thought that Jesus didn't really mean it when he said that it's easier for a camel to pass through the eye of a needle than for a rich man to enter the kingdom of heaven. The capacity of people to rationalize away inconvenient truths
never ceases to amaze me.


Overall, I think he won the debate. Here's his last word.

Still waiting for a response from you self-proclaimed intellectual heavyweights. No mas?

fried said...

Mark,
thanks for the link. I was especially interested in the remarks of those opposed to Pope Francis, who characterized him as a "moron".
Confirmed my view that those who espouse "free markets' are expressing a religious view, with accumulated wealth tangible markers of their earthly and spiritual worth.
Why they bother to call themselves Christians baffles me. Unless they feel it provides an Invisibility Cloak to defend them from attacks:
A view derived from comic books and Ayn Rand.

Stagflationary Mark said...

fried,

Confirmed my view that those who espouse "free markets' are expressing a religious view, with accumulated wealth tangible markers of their earthly and spiritual worth.

I'm not a religious person, but it doesn't take a lot of faith to ask a simple question. What would Jesus do?

The "free markets" would generally dump toxic waste into the nearest ditch it improved profits. Further, it would be rationalized as a fiduciary "responsibility" to the shareholders.

Is that what Jesus would do? And people wonder why we apparently need regulations and laws? Seriously?