Daily Archives: September 25, 2013

Class Privilege

This is what ruling-class privilege sounds like. From AIG CEO Robert Benmosche:

The uproar over bonuses “was intended to stir public anger, to get everybody out there with their pitchforks and their hangman nooses, and all that — sort of like what we did in the Deep South [decades ago]. And I think it was just as bad and just as wrong.”

Just to be clear: Benmosche is arguing that popular discontent with the unprecedented economic inequality that has characterized the “recovery” from the global recession is like lynching African American men.

see http://www.washingtonpost.com/blogs/wonkblog/wp/2013/09/24/aig-ceo-anger-over-aig-bonuses-just-as-bad-as-lynchings/