Quote:
Originally Posted by DVaut1
Obviously, though, right? One of the benefits of being rich is that you have way better risk mitigation strategies than a regular bozo. Rich people can gamble a lot more on politics just like they can in casinos. Lots of rich people are sharp enough to understand that the downside risks of Trump were way larger than an average politician but went to bat for him because they calculated they can fade a lot of the terribleness, including some really bad case scenarios.
All along during the Trump era, going back to the campaign, I think there's been this quiet, unspoken assumption there is some shadowy band of elites or just the effects of some questionable set of incentives that will force people to confront and ultimately defeat Trump. I understand the psychological need for that; it would be comforting if it were true. But it's not.
Here's the thing: there were plenty of wealthy elites who voted for or explicitly supported Trump but understood the risks as normal people describe them. They are just calculating they can still come out of it OK.
I feel like I had this conversation with bobman recently, who was expressing some disappointment with the mainstream GOPers for not subverting Trump. I was *sort of* giving him one half of a lecture for being naive and one half of a lecture for the despicable nature of anyone who tolerated the last 40 years of the elite + extreme right-winger media/thought bubble nexus. People say the left looks down on the angry white tribalists and surely they do, but the right has been ****ing taunting them. They've been training them like dog fighters condition Mastiffs. They've been making ever increasing promises drifting ever more from reality with escalating preposterous rhetoric about scape-goats and fostering their fear and paranoia -- all in the service of less taxes and less regulation. This whole insanity has been transparently been building and the GOP, companies and interests allied with their outcomes have been engaged in it for decades now.
And the responsible parties knew what they were doing and kept on taunting the dogs and giving them scraps and giving it bait animals to work with.
And when **** hits the fan and the dogs go berserk in the pit and start attacking everyone, the trainers and the owners and the bookies are going to be the first ones out of the arena. No question. Don't expect any less. They won't be the vanguard defense corps of the dog fighting game to settle things down and get the dogs back on their leashes. Come now. Anyone who is sleeping better because they know elites seem a little disengaged and careless now but once their profits are threatened or we veer away from stability, they'll set things right THEN -- won't happen. This is why you don't cynically cultivate anger and fear and paranoia in people and we all should have done more to raise the alarm, because the people doing it had absolutely no mitigation strategies or plans to clean things up if they went south. Well, they did, but their back-up plans were for them, not you. Twas ever thus.
Wasn't going to quote all this but it is a very good point. The wealthy have fewer downsides with a Trump administration as the bad parts are insulated by their wealth.
The irony of shouts of crony capitalism towards Clinton is that I doubt it has ever been easier for a wealthy business person to get an audience with the president. I think Trump would meet with pretty much any fairer skinned super wealthy American.
So their wealth protects them from most of the real dangers, including a potential civil war, while they financially profit from a bevy of potential changes designed to enrich them. There are some uber rich people with integrity but it is probably about the same percentage as congress.