From The Reformed Broker:
Dear Jamie Dimon,
I hope this note finds you well.
I am writing to profess my utter disbelief at how little you seem to understand the current mood of the nation. In a story at Bloomberg today, you and a handful of fellow banker and billionaire "job creators" were quoted as believing that the horrific sentiment directed toward you from virtually all corners of America had something to do with how much money you had. I'd like to take a moment to disabuse you of this foolishness.
America is different than almost every other place on earth in that its citizenry reveres the wealthy and we are raised to believe that we can all one day join the ranks of the rich. The lack of a caste system or visible rungs of society's ladder is what separates our empire from so many fallen empires throughout history. In a nation bereft of royalty by virtue of its republican birth, the American people have done what any other resourceful people would do – we've created our own royalty... and our royalty is the 1%.
Not only do we not "hate the rich" as you and other em-bubbled plutocrats have postulated, in point of fact, we love them. We worship our rich to the point of obsession. The highest-rated television shows uniformly feature the unimaginably fabulous families of celebrities not to mention the housewives (real or otherwise) of the rich. We don't care what color they are or what religion they practice or where in the country they live or what channel their show is on – if they're rich, we are watching.
... [W]hen Steve Jobs died, he did so with more money than you or any of your "job alliance" buddies – 10 times more than most of you, in fact. And upon his death, the entire nation went into mourning. We set up makeshift shrines to his brilliance in front of Apple stores from coast to coast. His biography flew off the shelves and people bought Apple products and stock shares in his honor and in his memory. Does that strike you as the action of a populace that hates success?
... So, no, we don't hate the rich. What we hate are...
Read full article...
More outrage on the banks:
The big Wall St. banks are already trying to buy the 2012 election
The big banks are already scheming to charge sneaky new fees
Must-read rant of the month: "America is awake now and it's p#$%^&"
