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 This is beyond stupidity. This falls under the category of delusional.

The uproar over bonuses “was intended to stir public anger, to get everybody out there with their pitch forks 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.
 So you see, if you are angry over Wall Street bankers giving themselves enormous bonuses directly out of taxpayer bailout money, then you are exactly the same as racist southerners who wants to lynch blacks.

 AHHHGGGHHH! Are you f*ckin kidding me?!?

  And believe it or not the moron keeps talking.

Mr. Benmosche on the government’s campaign against partial “bonuses” to be paid to hundreds of employees in the AIG financial-products unit as they unwound massive, ill-fated bets on mortgage bonds.

“That was ignorance … of the public at large, the government and other constituencies. I’ll tell you why. [Critics referred] to bonuses as above and beyond [basic compensation]. In financial markets that’s not the case. … It is core compensation.

 No, core compensation would have reduced salaries to reasonable levels. Especially in a bankrupt company.
   What you are describing is crony capitalism you jackass.
“We’re trying to find the villains [for the financial crisis]. There’s got to be a villain somewhere. The problem is that there isn’t a villain. There are villains. And they are everybody. They are the speculators in real estate. The people who flipped houses. People who lied and cheated [on mortgage applications]. Nobody did the income appraisals. … I include myself in there. I knew stuff was wrong” in the mortgage-underwriting system years before the real-estate bubble burst.
 So the "villains" are the little people getting foreclosed on now. Not the Wall Street execs and traders who manipulate the markets, launder money for drug cartels, and commit countless acts of fraud. No, those Wall Streeters are the "honest" folks.

  And if you think that this guy is somehow unique in his arrogant delusions, check out these quotes.

I’m doing God’s work.
- Goldman Sachs CEO Lloyd Blankfein in a November 2009 interview

It’s war. It’s like when Hitler invaded Poland in 1939.
- Steve Schwarzman, Chairman and co-founder of Blackstone, on potential tax changes in 2010

  This attitude isn't limited to just Wall Streeters. You can find their delusional defenders in the Republican House.

Kentucky conservative Matt Bevin said anger toward Wall Street since the financial crisis five years ago is "class warfare."
  It's interesting to find a Tea Party-type Republican politician saying that hatred at Wall Street is "class warfare" when in fact the Tea Party movement started as backlash against the Wall Street bailouts.
  I guess the Tea Party has now come full circle and completely lost any resemblance or even remembrance to its populist roots.

  On the other side of the coin, there actually were victims on Wall Street. For instance, this man and this lady.

A woman, victimized by harassment and death threats eve since she who blew the whistle on Wall Street Bank crimes, tells why she joined the Occupy Wall Street protests.
Poll

Anger over Wall Street bonuses is just like

12%4 votes
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9%3 votes
3%1 votes
30%10 votes
3%1 votes
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42%14 votes

| 33 votes | Vote | Results

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Comment Preferences

  •  Tip Jar (18+ / 0-)

    None are so hopelessly enslaved, as those who falsely believe they are free. The truth has been kept from the depth of their minds by masters who rule them with lies. -Johann von Goethe

    by gjohnsit on Tue Sep 24, 2013 at 03:28:38 PM PDT

  •  For those interested in this topic (3+ / 0-)
    Recommended by:
    Shockwave, peacestpete, greenearth

    there is also a diary from earlier today.

    http://www.dailykos.com/...

    "let's talk about that"

    by VClib on Tue Sep 24, 2013 at 03:36:11 PM PDT

    •  Darn, I missed it (3+ / 0-)
      Recommended by:
      peacestpete, greenearth, Sandino

      Sorry for the duplicate.

      None are so hopelessly enslaved, as those who falsely believe they are free. The truth has been kept from the depth of their minds by masters who rule them with lies. -Johann von Goethe

      by gjohnsit on Tue Sep 24, 2013 at 03:46:58 PM PDT

      [ Parent ]

      •  gj - yours is better (4+ / 0-)
        Recommended by:
        gjohnsit, peacestpete, greenearth, Sandino

        People who are interested should read both.

        "let's talk about that"

        by VClib on Tue Sep 24, 2013 at 03:50:43 PM PDT

        [ Parent ]

      •  Pierce weighed in on these comments (6+ / 0-)

        today:

        These bastards should have been folding sheets at Allenwood. Instead, we bailed them out for $85 billion. They responded by handing out $165 million in executive bonuses. People called them names. In response, silk-enclosed fee-fees became inflamed. There was much sulking in the Hamptons. Just as bad as lynching.
        Then again, let us never forget Clarence  Thomas essentially analogizing a hearing that gave him a lifetime seat on the SCOTUS to the fate suffered by Emmit Till:
        This is not an opportunity to talk about difficult matters privately or in a closed environment. This is a circus. It's a national disgrace. And from my standpoint, as a black American, it is a high-tech lynching for uppity blacks who in any way deign to think for themselves, to do for themselves, to have different ideas, and it is a message that unless you kowtow to an old order, this is what will happen to you. You will be lynched, destroyed, caricatured by a committee of the U.S. Senate rather than hung from a tree.
        Victimhood, like beauty, is in the eyes of the beholder, I guess.

        Some men see things as they are and ask why. I dream of things that never were and ask why not?

        by RFK Lives on Tue Sep 24, 2013 at 05:13:15 PM PDT

        [ Parent ]

    •  I'm glad that I read both of them, but I don't (1+ / 0-)
      Recommended by:
      greenearth

      really think that I'd have been better off to have missed either

      There can be no protection locally if we're content to ignore the fact that there are no controls globally.

      by oldpotsmuggler on Tue Sep 24, 2013 at 04:06:42 PM PDT

      [ Parent ]

  •  Sharpening pitchfork, (3+ / 0-)
    Recommended by:
    gjohnsit, trumpeter, greenearth

    re-tarring the torches.   The Banksters are worse than the inside-the-beltline pundits.
    'Jackass' is too kind a word for this guy and his like, and an insult to jackasses, who always did honest work for their food.

    The core of the Daily Kos behavior guide is simple: don't be a dick.~Kos

    by theBreeze on Tue Sep 24, 2013 at 04:07:27 PM PDT

  •  Some People... (2+ / 0-)
    Recommended by:
    gjohnsit, greenearth

    Some people have no sense of perspective.

  •  You have to remember that (4+ / 0-)
    Recommended by:
    gjohnsit, jbsoul, greenearth, kurt
    "We’re trying to find the villains [for the financial crisis]. There’s got to be a villain somewhere. The problem is that there isn’t a villain. There are villains.
    emphasis added.

    Of course there are villains. And they're the ones who complain that everyone thinks THEY are the villains.

    Well, of course you are, you morons. You are stealing from the poor to further enrich the already rich. That MAKES you villains, automatically.

    Come on over to my garret and we'll discuss it further. Bring your own chair...and your own bug spray.

    Irony takes a worse beating from Republicans than Wile E. Coyote does from Acme. --Tara the Antisocial Social Worker

    by Youffraita on Tue Sep 24, 2013 at 04:35:55 PM PDT

  •  Re nooses: he shouldn't be giving people ideas (3+ / 0-)
    Recommended by:
    gjohnsit, greenearth, Sandino

    just saying

    Happy just to be alive

    by exlrrp on Tue Sep 24, 2013 at 04:39:54 PM PDT

  •  Interesting definition. (3+ / 0-)
    Recommended by:
    gjohnsit, greenearth, kurt
    “That was ignorance … of the public at large, the government and other constituencies. I’ll tell you why. [Critics referred] to bonuses as above and beyond [basic compensation]. In financial markets that’s not the case. … It is core compensation.
    While Merriam/Webster defines it as:

    bo·nus
    noun ˈbō-nəs\

    : something good that is more than what was expected or required

    : an extra amount of money that is given to an employee
    Full Definition of BONUS
    :  something in addition to what is expected or strictly due: as
    a :  money or an equivalent given in addition to an employee's usual compensation
    b :  a premium (as of stock) given by a corporation to a purchaser of its securities, to a promoter, or to an employee
    c :  a government payment to war veterans
    d :  a sum in excess of salary given an athlete for signing with a team
    See bonus defined for English-language learners »
    See bonus defined for kids »
    Examples of BONUS

        As a bonus for good behavior you can stay up late.
        The product has the added bonus of providing extra vitamins.
        Staff members were given a bonus for finishing the project on schedule.
        The company offered bonuses to entice new workers.
        We receive annual bonuses at the end of the year.

    (Emphases mine)

    I wonder which is more correct.  /Snark

    I am not religious, and did NOT say I enjoyed sects.

    by trumpeter on Tue Sep 24, 2013 at 04:40:22 PM PDT

  •  He's already walked it back (1+ / 0-)
    Recommended by:
    greenearth
    "It was a poor choice of words. I never meant to offend anyone by it," Benmosche said in a statement.
    (per Reuters).
  •  A few public lynchings might have done some good (4+ / 0-)
    Recommended by:
    gjohnsit, greenearth, kurt, Sandino

    in this instance.  Or, to be more precise, a few prosecutions.  Or if that's too much, how about people being FIRED FOR DESTROYING THEIR BUSINESS.

    I guess there's no punishment for any level of greed and incompetence if you operate at the highest levels.  In fact, it's a lynch mob mentality to even expect it.

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