WPost Elitists Feel for Wall St. Brethren

[laststeamtrain]

WPost Elitists Feel for Wall St. Brethren

By Robert Parry
March 22, 2009

One interesting trait of elitists is that they show remarkable class solidarity, often more so than people of lesser means. Which may help explain why the Washington Post’s editorial writers penned three editorials last week decrying the populist outrage over the AIG bonuses.

Yes, the Post gave a nod of understanding to why the American people are furious over the idea of giving $165 million in bonuses to executives in the American International Group’s financial products division after that bunch helped set in motion the economic catastrophe which is driving millions of people around the world out of their jobs and homes and into poverty and destitution.

Also, the bonus money comes from the U.S. taxpayers who were forced to pony up about $173 billion to prevent the insurance giant from collapsing and possibly wreaking more havoc.

The very idea that super-rich executives living in mansions and enjoying pleasures and perks beyond the comprehension of the rest of us must be, in essence, bribed to stay in their jobs to clean up the mess that they created goes beyond galling to being unpatriotic, almost treasonous.

At a time when the United States is involved in two wars – demanding extraordinary sacrifices from soldiers and their families – and when American autoworkers are reworking their contracts to reduce their pay and surrender benefits, what is one to make of pampered executives insisting on lucrative bonuses to get them to stay on to undo some of the damage they caused? ... http://www.consortiumnews.com/2009/032209.html

[OHdem10]

1. Is it not time for elitists to assume some responsiblity for what happens

in this country. Every other group of people are being made to sacrifice.
Some are being asked to work 3 and 4 day work weeks., millions have been
laid off, services are being cut. The list goes on. The elites need
to suck it up and make their own sacrifices. Likewise Wall Street and
the Business Community need a reality check. What can we do for our county.
Everyone needs to get in the boat and do their part if they want to
right the ship having our Country back on a slow track to recovery.