Donkey Punch

October 9, 2007

He’s (not) joking. Alright, maybe he is…

Filed under: Bad Joke?, Economics, Michael Lewis — t4toby @ 1:48 pm

Michael Lewis

Well, well, well, what do we have here?

This is unbelievable. I might write something like this, then discard it because as far as sarcasm goes, it’s just too campy. But this isn’t sarcasm. Let us begin:

Don’t get me wrong: I have nothing personally against the poor.

Why does this remind me of, “Don’t get me wrong: Some of my best friends a black people”?

At the time I bought the sub prime portfolio I thought: This is sort of like my way of giving something back.

I thought people would admire the Wall Street big shot who found a way to help the little guy. Sort of like a money doctor helping a sick person.

Everyone feels sorry for the poor, and no one feels sorry for me. Even though it’s my money!

That’s it. Call it out!



maybe it was when I gave up the bleacher seats and got the suite. But the first rule in this business is to know the people you’re in business with, and I broke it. People complain about the rich getting richer and the poor being left behind. Is it any wonder? Look at them! Did it ever occur to even one of them that they might pay me back by WORKING HARDER?

I love the smell of entitlement in the morning.

Our society is really, really hostile to success. At the same time it’s shockingly indulgent of poor people.

At this point, I think he’s going for the ‘Head Crammed Up Your Own Ass’ World Record.

I have a different solution. Debtors’ prison is obviously a little too retro

Ya think?

All over Greenwich I see lawns to be mowed, houses to be painted, sports cars to be tuned up. Some of these poor people must have skills. The ones that don’t could be trained to do some of the less skilled labor — say, working as clowns at rich kids’ birthday parties. They could even have an act: put them in clown suits and see how many can be stuffed into a Maybach. It’d be like the circus, only better.

This motherfucker…

Transporting entire neighborhoods of poor people to upper Manhattan and lower Connecticut might seem impractical. It’s not: Mexico does this sort of thing routinely.

At this point, I think I’ve been had. This has to be a (poor) joke.

There’s a reason the rich aren’t getting richer as fast as they should: they keep getting tangled up with the poor.

So either this is the most heartless bastard I’ve ever come across, or someone who wouldn’t know subtlety if it bit him in the balls.

I e-mailed him and asked if he was kidding. We’ll see if he gets back to me.

Bonus: This guy teaches journalism. I think he may need a refresher course…

h/t to Cangrejero

Update: See the next post. I overreacted.