In Case You Missed This...Bankers, Billionaires "Going To Vomit" If They Keep Hearing This 1% "Crap"

[WillyT]

Bankers, Billionaires "Going To Vomit" If They Keep Hearing This 1% "Crap"
By Christopher Robbins - Gothamist
December 20, 2011 12:20 PM

<snip>

It's easy to get caught up in the moment and forget about those who are hurting the most this holiday season: old, rich white men, who have suffered the slings of the 99% despite being responsible for all that is good in the world. Thankfully Bloomberg News was able to track down these noble creatures to find out what they think about the legions of Americans who believe in greater income equality. "Who gives a crap about some imbecile?" 82-year-old billionaire and co-founder of Home Depot, Bernard Marcus says. "Are you kidding me?"

Sure, the 1% may make 36 times more money than the median household, and most Americans support raising taxes on Americans who make more than $250,000. But look how many people don't owe any taxes at all!

Let Blackstone Group CEO Stephen Schwarzman, who once paid Patti Labelle and the Abyssinian Baptist Church choir to sing him a song about himself, explain the need for more sacrifice using the not-meanacing-at-all metaphor of bodily harm. "You have to have skin in the game. I'm not saying how much people should do. But we should all be part of the system." Except these companies that all made massive profits and didn't pay net income taxes. Their skin is sensitive and can't withstand all that exfoliation.

Home Depot's other co-founder, 76-year-old billionaire Ken Langone, loves cats and therefore doesn't mind being called one:

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“I am a fat cat, I’m not ashamed,” he said last week in a telephone interview from a dressing room in his Upper East Side home. “If you mean by fat cat that I’ve succeeded, yeah, then I’m a fat cat. I stand guilty of being a fat cat.”

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More: http://gothamist.com/2011/12/20/billionaires_going_to_vomit_if_they.php

The Bloomberg Piece (MUST READ!!!): http://www.bloomberg.com/news/2011-12-20/bankers-join-billionaires-to-debunk-imbecile-attack-on-top-1-.html

So... Meet The Job Creator's Alliance: http://jobcreatorsalliance.org/

[Warpy]

1. They just can't bring themselves to admit they looted too much

and that the people they looted have not only noticed, they resent it deeply.

Either they can cede it gracefully through tax reform or they will have it taken away through violence. Those are their only real choices now.

[HangOnKids]

9. You are too fabulous Warpy! n/t

[WillyT]

16. + 1,000,000,000... What You Said !!!

[meow2u3]

2. Let them puke to their hearts' (or lack thereof) content

I'll provide the plastic bag from my next trip to the grocery store.

[Jackpine Radical]

3. My recommendation:

[The Genealogist]

4. The potential pukers ought to just buy themselves a bucket then

A solid gold, diamond-encrusted bucket. They can afford it.

[primavera]

5. Better start carrying around a bucket then - n/t

[marmar]

6. Well I suggest they keep their air sickness bags handy.

[Purveyor]

7. "Who gives a crap about some imbecile?" 82-year-old billionaire and co-founder of Home Depot, Bernar

So I'm pissed at Lowes and now I'm scratching HDepot off my list (which was near the bottom anyway with their cluttered stores).

Thankfully we still have many 'home-grown' hardware and lumber-yard stores in operation in these parts who actually have knowledgeable, appreciative people staffing their businesses.

[rurallib]

8. that is the kind of stuff that does trickle down.

[Zorra]

10. "Billionaire Steve Schwarzman Wishes More Poor People Would Pay Income Taxes "

Billionaire private equity tycoon Stephen Schwarzman, the chief executive of Blackstone Group, told Bloomberg Television this morning that he wants more people to pay income taxes.

"We have a system today in the United States were 45% of Americans don't pay any income tax...You have to have skin in the game," he said.

That essentially means he wants more poor people in the U.S. to pony up and pay income taxes.

However, he didn't specify the amount he wants them

http://articles.businessinsider.com/2011-11-30/wall_street/30457847_1_income-tax-system-income-taxes-blackstone-group

With an estimated current net worth of around $5.9 billion, Schwarzman was ranked by Forbes as the 52nd-richest person in America in 2011.

In 2007, Schwarzman was listed among Time Magazine's 100 Most Influential People in The World

http://en.wikipedia.org/wiki/Stephen_A._Schwarzman

Take note: Mr. 1% Grinch here is one of the 100 most influential people in the world.

Occupy.

[Demeter]

14. Well, You Need an Income, To Pay Income Tax

because after all, one cannot get blood from a stone or a turnip, nor taxes from the destitute and unemployed.

[Lunacee2012]

24. Amazing, $5.9 billion

and he's still not in the top 50.

As for the "vomit" comments, are the rich really that goddamn clueless?

[Prophet 451]

11. Cry me a fucking river

I wish you guys had a Robin Hood in your cultural mythology.

[otohara]

12. Low Income Don't Pay Their Share

They want it all, and they want us to shut-the-fuck-up about their gross salaries, low taxes and loopholes.

Schwarzman, Paulson

Asked if he were willing to pay more taxes in a Nov. 30 interview with Bloomberg Television, Blackstone Group LP (BX) CEO Stephen Schwarzman spoke about lower-income U.S. families who pay no income tax.

“You have to have skin in the game,” said Schwarzman, 64. “I’m not saying how much people should do. But we should all be part of the system.”

Some of Schwarzman’s capital gains at Blackstone, the world’s largest private-equity firm, are taxed at 15 percent, not the 35 percent top marginal income-tax rate. Attacking the banking system is a mistake because it contributes to “a healthier economy,” he said in the interview.

[rustydog]

13. What? They will vomit into $ 100.00 hankies?

Cry me a river

[NavyDem]

15. I've hear that if you vomit enough

You will eventually die. Would I be being evil to encourage the 1% to vommit with great frequency and quantity?

[WillyT]

17. And...

Wilbur Ross, 74, another private-equity billionaire, said in an e-mail that entrepreneurship and capitalism didn’t cause the financial crisis.

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Tearing down the rich does not help those less well- off,” said the chairman of New York-based WL Ross & Co. LLC. “If you favor employment, you need employers whose businesses are flourishing.”

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That view is shared by Robert Rosenkranz, CEO of Wilmington, Delaware-based Delphi Financial Group Inc., a seller of workers’-compensation and group-life insurance.

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“It’s simply a fact that pretty much all the private- sector jobs in America are created by the decisions of ‘the 1 percent’ to hire and invest,” Rosenkranz, 69, said in an e- mail. “Since their confidence in the future more than any other factor will drive those decisions, it makes little sense to undermine their confidence by vilifying them.”

****************************************************************

Same article.

[drm604]

18. All the more reason

for us to keep talking about "this 1% crap".

[rocktivity]

19. No need for anyone to vomit

Last edited Fri Dec 23, 2011, 12:51 PM - Edit history (1)

All that's needed is for them to pay their fair share of wages, taxes, and benefits -- and stop buying political influence that protects them from paying their fair share of wages, taxes, and benefits.

Cue the DU "Cry Me A River" String Quartet!


rocktivity

[baldguy]

20. Do they WANT a repeat of 1789?

[WillyT]

21. Kick !!!

[Initech]

22. I'm going to vomit if I keep hearing about their god damn bonuses one more time.

Too late.

[guitar man]

23. with any luck

they'll be lying on their backs when they puke...fuckers can choke to death on it for all I care

[sabrina 1]

25. They like the 'little people' to know their place.

Good to know the message is reaching them. Congress never got them this upset. Each time they are hauled before Congress, they are arrogant and dismissive but definitely show no sign of fear of anything happening to them.

This movement, someone said, is not effective?? They have reached the 'fat cats' which no one else has succeeded in doing.

Now all we need is a Congress that is not on their payroll to start changing some of the laws they paid for. Starting with 'if you take American jobs overseas, you get taxed, a lot and you get no subsidies either'. That would be a good start. Let them go overseas, let them live there, they're of no use here and they clearly do not care about this country.

That doesn't include the good guys who do pay their workers decent wages and do make their money right here.

[HughBeaumont]

26. K & R. More shit-tastic quotes from crying diaper bastards with planes and 9-digit net worths here.

http://www.democraticunderground.com/100257582

I'd really like to understand what would compel someone who has more money than they could logically outspend per second, who has every advantage in life and goes out of their way to gain more advantage seemingly at the expense of everyone who works for them, to publicly and shamelessly embrace their role as a villain.

Maybe they are sociopaths.

Or maybe they're truly just a bunch of gloating deluded fucking assholes?