Artistic Inspiration! The Whiny 0.01 Percent!


In an article in the New York Times yesterday, Paul Krugman wrote an op-ed piece titled Plutocrats Feeling Persecuted. These are the same dicks that crushed our economy with shady dealings, were bailed out with our fucking tax money, then laughed all the way to the bank (wait, they ARE the bank) and cashed in with even bigger Bonus Checks. Why go into this on an art blog…keep reading.

Below are some highlights of the article, things to get your artistic juices (and anger) flowing. We all bust our asses, we pay our fucking taxes (much more percentage-wise than the 1% pricks), we work 50, 60 or more hours a week, we scrape by paycheck to paycheck, and we watch friends and family lose jobs and houses…and these assholes whine, after being part of the central cause to all this fucking misery, when the idea of reducing or eliminating their bonuses (BONUSES! not paychecks) is brought up.


For those who don’t recall, A.I.G. is a giant insurance company that played a crucial role in creating the global economic crisis, exploiting loopholes in financial regulation to sell vast numbers of debt guarantees that it had no way to honor. Five years ago, U.S. authorities, fearing that A.I.G.’s collapse might destabilize the whole financial system, stepped in with a huge bailout. But even the policy makers felt ill used –

And it got worse. For a time, A.I.G. was essentially a ward of the federal government, which owned the bulk of its stock, yet it continued paying large executive bonuses. There was, understandably, much public furor.

So here’s what Mr. Benmosche did in an interview with The Wall Street Journal: He compared the uproar over bonuses to lynchings in the Deep South — the real kind, involving murder — and declared that the bonus backlash was “just as bad and just as wrong.”

Really? What kind of fantasy world does this jackoff live in? Thousands, probably hundreds of thousands of hard working Americans have seen their bonuses, benefits or even jobs taken away from them and he feels persecuted because people bring up the possibility of a reduced bonus?

go to jail2

You may find it incredible that anyone would, even for an instant, consider this comparison appropriate. But there have actually been a series of stories like this. In 2010, for example, there was a comparable outburst from Stephen Schwarzman, the chairman of the Blackstone Group, one of the world’s largest private-equity firms. Speaking about proposals to close the carried-interest loophole — which allows executives at firms like Blackstone to pay only 15 percent taxes on much of their income — Mr. Schwarzman declared, “It’s a war; it’s like when Hitler invaded Poland in 1939.”

No, It’s nothing LIKE Hitler invading Poland you fucking asshole! It’s paying the same percentage as all the hard working stiffs that keep this country running.

Also, notice what both men were defending: namely, their privileges. Mr. Schwarzman was outraged at the notion that he might be required to pay taxes just like the little people; Mr. Benmosche was, in effect, declaring that A.I.G. was entitled to public bailouts and that its executives shouldn’t be expected to make any sacrifice in return.


This is important. Sometimes the wealthy talk as if they were characters in “Atlas Shrugged,” demanding nothing more from society than that the moochers leave them alone. But these men were speaking for, not against, redistribution — redistribution from the 99 percent to people like them. This isn’t libertarianism; it’s a demand for special treatment.

Sometimes, in fact, members of the 0.01 percent are explicit about their sense of entitlement. It was kind of refreshing, in a way, when Charles Munger, the billionaire vice chairman of Berkshire Hathaway, declared that we should “thank God” for the bailout of Wall Street, but that ordinary Americans in financial distress should just “suck it in and cope.” Incidentally, in another interview — conducted at his seaside villa in Dubrovnik, Croatia — Mr. Benmosche declared that the retirement age should go up to 70 or even 80.

Yet, these are the same people who lobby to get Unemployment reduced and Food stamps & Welfare cut from the Federal budget because people the little people see it as an ‘entitlement’? If they payed their fair share of taxes, (them and their corporations) their wouldn’t be such a money crunch in the Federal budget.

We should have gone the way of Iceland. They arrested the asshole bankers who were fucking up their economy and stealing from the masses. Here is a quick summation of that HERE.

So, why did I spend all this time writing this article? Because it should give ANY artist some inspiration to design, create, produce some fine revolutionary, socially biting, 1% fucking, artworks. And if it does inspire you, I’d like to see that work. Any artist who sends me an artwork inspired by this article, or a related theme will be posted on this blog. Have a series of artworks dedicated to this subject, send me the artworks and a bio and I’ll make you a Give Us Art! Featured Artist!

Whether you send artwork or not, I hope this article helps drive you to pay attention to the world and find artistic inspiration from it!

Art the World!


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