. . .The huge bonuses over the last decade or so skimmed
off about 300 billion dollars into private pockets. Now what can those
people do with that money? How many yachts can you own? How many homes
can you own? How many planes can you own? It's that level of income
which could, I think, make a contribution to class solidarity rather
than be the cause of class hatred and social hatred, [and] Class
warfare, eventually.
Dr. Zbiginiew Brzeznski, March 26, 2009
One
day last week I woke up to a memorable bit of remarkable
television--and it was on "Morning Joe", of all places. If, before I
turned on the TV, Joe was his usual puffy-chested,
when-I-was-in-congress blowhard, I missed it. If Mika was her usual
schizo hand-wringing, sorry-for-even-existing, here-comes-tough-mommy
self, I didn't see it. If Jim Cramer did a freaky voodoo dance (he was
a guest that morning), I didn't see that, either.
What I saw was
Dr. Zbiginiew Brzeznski--Mika's
father--giving the clearest, harshest, most insightful lecture to the
super rich I've ever even dreamed of witnessing. (Mika makes no bones
about the fact that he is the most intimidating figure she's ever
known. Yes, I could see that. But the thing is--he's on our side. I
love that about him. Even though he'd scare me to death, too.)
The
most amazing thing about the segment with Zbiginiew--among many amazing
things--is that it went on for over 17 minutes with barely an
interruption. He began by talking about Iran, Afghanistan and Pakistan
(interesting stuff there, too) and then, at about 7:26 on the video,
Joe changed the subject by saying, "Dr. Brzeznski, you've talked about
the danger of runaway populism. (Eds note: ???) Some mocked you. Over
the past two weeks we've seen your predictions unfold, from Capitol
Hill to Wall Street to Main Street."
That was it. Joe (yes,
that Joe)
shut up and let Dr. Brzeznski talk. (Remember when Zbig called Joe
"stunningly superficial" a while back? That might have been why.)
"There
is a growing anger in this country," Dr B said, "a growing sense of
resentment. There is a feeling of fundamental unfairness. . .We saw a
list of people who have made more than a billion dollars in one year. A
billion is a thousand million. Can you imagine making more than a
thousand million a year? And how were most of those funds made? They
didn't make them by creating new jobs, building new factories, making
new technological innovations which then cumulatively enriched America.
They made it by complex financial transactions which few people
understand. Which, in effect, just sort of swooshed off money into
private pockets. . .It's almost like a huge national ponzi scheme."
Here I thought I heard some slight whimpers of protest, but the good doctor was on a roll:
"Now,
what gets me really is in this situation of anger and resentment and
the growing risk of class hatred, no one from the private sector has
stepped forward and said 'Let's organize a national solidarity fund in
which the people who made so much money. . .money which is difficult to
understand and to even justify, [should] contribute, to help, to
pull us together'. The taxpayers are contributing. The president has urged us to
pull this together,
and we're doing it. You're doing it, I'm doing it, and a lot of much
poorer people than us are doing it. Where are the rich people who have
made hundreds of millions, thousands of millions in some cases? Why
don't they step forward? We have the names of some who are returning
the bonuses; what about the others who are not? There should be social
pressure and if some major figures from the public sector with great
reputations who have made a lot of money but who are generous in
philanthropy stood forward. . .maybe there would be a movement to do
something about social rehabilitation, social reconciliation, social
solidarity. I think this is very much needed."
(Did you see the
CEOs coming out of the White House meeting yesterday? What was the one
thing they all said they agreed on with the president?
"We're all in this together." Something tells me either Zbigniew was in the room with them or the specter of Zbigniew was in the room.)
Finally,
Jim Kramer spoke--softly, a little petulantly, with head down though
not in full kowtow position. He said, " . . .These hedge fund managers
who made money are- a lot of them grew up regular, normal people who
grew up in America and managed to just win big. We don't want to
discourage people from winning big who are from normal origins, who are
not silver spoon people."
To which Dr B., refraining admirably
from slapping the little wanker upside the head, said, "Well, that's
fair but. . .there's also a limit to what 'win big' really means in a
society in which there are still a lot of people who are very poor--who
are not winning big but losing much. Do you really need billions of
dollars to be happy? What can you do with them? At some point it seems
to me that social responsibility comes to play. . ."
He talked
almost non-stop on the subject, without commercial interruption, for
over 10 minutes. He pointed out the obvious: "If you made 500 million
dollars and you gave away 250, I think you would still be left with
enough to enjoy. The point is, there has to be some demonstrable
response to this sense of crisis today from the rich people, rather
than have them hide, or hire security guards, or insist that they stay
anonymous."
And then he said it again, in another way: "I would
like to see some major figures, public figures, step forward on their
own. Not mobilized by the president, or by you or by me, but out of a
sense of moral obligation. They still will not suffer. If you have 500
million or even 50 million dollars in your pocket you can give up half
of it and still be more than comfortable for the rest of your life.
Mike
Barnicle came in then, and told a poignant story about the mill town in
Massachusetts, where he grew up . He talked about the "big winners" who
had "more or less raped that town and other towns like it. Made
millions for themselves, and yet the factories that they bought and
sold that enriched them are now closed. They didn't build any new
factories. They didn't create any new jobs. They left behind the
skeletal remains of a city that was once vibrant and they've moved on
to their big billion dollar salaries and this, I think, is part of the
Bunsen burner, the fuel that is igniting this incipient class warfare
in America."
It wasn't because the town had gone bad or the
workers didn't work. It wasn't because people didn't pray hard enough
or sing loudly enough. It wasn't a case of "tried but failed". It was
because those lousy SOBs rode into town with premeditated plunder on
their minds. (This is not Barnicle talking. This is me interpreting
what I saw on his face and heard in his voice.)
There was much
more, of course. I've probably already violated some copyright law by
transcribing almost word for word a large portion of this conversation.
(I'm doing it mainly for those who still have slow dial-up. They can't
watch those streaming videos without having to wander off for a
fortnight or two until the damn things finally reach the end.)
When
Dr. Brzeznski was finished, I thought the Morning Bunch was going to
burst into "Hoo Rahs" and cheers. They did rise up from their seats a
little and made muffled noises of assent, but of course they couldn't
let themselves go that far, considering who they are and what they've
either advocated or ignored in the past.
Mika, bless her heart,
had the final word after those long minutes of having to huddle in the
shadow of her father's brilliance:
"In
America we don't think about--actually, I'm sorry, but there is a
certain way of thinking--greed--put it on credit. We just don't think
of--I'm sorry, we just don't think this way."Is that priceless? Could you, in all honesty, turn it off after that?
Yeah, me too.
Ramona
(Cross-posted at
Ramona's Voices.)