Who Says The Ruling Class Is Oblivious?
by digby
I'm sorry I find this hilarious --- in a nervous-laughter-going-into-hysteria sort of way:
Chris Ison/AP
The 52-foot yacht "Bob," left, owned by BP CEO Tony Hayward, prepares at the start of the J.P. Morgan Asset Management Round the Island Race off the coast of England on Saturday.
Were the ladies all wearing white wigs and eating cake?
I had heard he went to a yacht race, but didn't know he was actually sailing in the J.P. Morgan Asset Management Round the Island Race. Seriously? Is he attending the AIG Credit Default Swap Regatta next week-end? Oh wait, that's the fourth, so I'll bet he's going to be busy paying homage to the Gulf fishermen at the Annual Bernie Madoff Nantucket clambake. (Rex Tillerson's going to sing Elvis songs and Lloyd Blankfein's going to play the ukelele, so it should be fun.)
Honestly, the arrogance of the wealthy in this era is just breathtaking. I guess they figure they have nothing to worry about and that all the small people need to enjoy their value meals and shut up. They aren't irrational to think this. What will happen to them for this behavior? We don't look in the rear view mirror (and if we do all we see is a sky full of golden parachutes.) It's not like they're embarrassable. And even if they are socially shunned (which they won't be), they can always comfort themselves by taking to their 55 ft Farr racing yachts and counting their money. Waddaya gonna do about it?
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Chris Ison/AP The 52-foot yacht "Bob," left, owned by BP CEO Tony Hayward, prepares at the start of the J.P. Morgan Asset Management Round the Island Race off the coast of England on Saturday.