This has been ably dispatched here, here and elsewhere, but you still may have missed it. Lou-weeeze:
“Acting like everyone who’s been successful is bad and because you’re rich you’re bad, I don’t understand it,” the JPMorgan Chase & Co. (JPM) CEO told an audience member who asked about hostility toward bankers. “Sometimes there’s a bad apple, yet we denigrate the whole.”
Dimon, 55, whose 2010 compensation was $23 million, joined billionaires including hedge-fund manager John Paulson and Home Depot Inc. (HD) co-founder Bernard Marcus in using speeches, open letters and television appearances to defend themselves and the richest 1 percent of the population targeted by Occupy Wall Street demonstrators.
If successful businesspeople don’t go public to share their stories and talk about their troubles, “they deserve what they’re going to get,” said Marcus, 82, a founding member of Job Creators Alliance, a Dallas-based nonprofit that develops talking points and op-ed pieces aimed at “shaping the national agenda,” according to the group’s website. He said he isn’t worried that speaking out might make him a target of protesters.
“Who gives a crap about some imbecile?” Marcus said. “Are you kidding me?”
So… who’s the imbecile? This is not even being tone deaf – I think they’re just dumb. Why would you ever feel it necessary to go on the war path about this? You’re tough enough to create all those jobs and bank all that dough but you can’t take criticism for being rapacious windbags and now must be called petulant, too? This is a gross extrapolation of the argument that people making $400K are barely getting by – and also that more money you make, the harder you work. Neither of these things is remotely true. Krugman’s right: get rich enough to surround yourself with sycophants and no one will tell you you’re being an asshole.
Camel through the eye of a needle and all – the real moral is: We all really need close friends.