Top Billionaire Hedge Funder Sees Himself As a Hyena Devouring Wildebeests
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And to add to the insult, Dalio wants to lecture us as he's chewing into our anuses. Because we're crude slobs who make the billionaires sick. In December of 2007, a Dalio foundation ran an ad in the Wall Street Journal denouncing Christmas consumerism--for some reason, rich people, especially the sons and daughters of rich people, started Going Naomi Klein every Christmas, and Dalio wanted in on the act if that's where the hyenas were heading. So his ad campaign, "Redefining Christmas," sneered at the wildebeests: "No sooner does Thanksgiving end, than the loathsome shopping season begins--a monthlong compulsion to buy something, anything, for anyone."
And that's it. We’re ruled over by crazies who despise us and think of us as wildebeests and themselves as hyenas, and don’t even care that it’s a laughable analogy because they’re too fucking lazy and stupid and too busy devouring everything they can. And in case you thought things were about to change, and that financial reform was failing only because of the Republicans, I’ll leave you with this scene from a New Yorker article published last October, titled Inside The Crisis: Larry Summers and the White House Economic Team, recounting last spring’s “stress tests” on the bailed-out banks. Those tests, you’ll recall, were roundly criticized as a joke and a fraud, but Obama’s economic team wasn’t interested in our opinions. Guess who’s opinion they sought to please most of all:
The results of the stress tests showed that the banks were not in as dire shape as commonly believed. Most of the nineteen banks were able to raise money privately. “It worked,” the Treasury official said. “People had money to put into banks. The nationalization crowd would have had the government putting all that money in.” On the day the results of the stress tests were released, Geithner met with the President. He smiled and handed Obama the first page of a report from Bridgewater Associates, a private investment firm that had consistently taken a dim view of Treasury’s plans. The report was headlined “We Agree!”
There you have it--the entire goal of Obama's economic team was to get a self-described hyena to take a break from his wildebeest feeding frenzy to give a big thumbs-up in approval and cackle, “We agree!” This pretty much answers every question about why nothing has changed for the better in the wake of the financial crisis—it’s a matter of perspective. Everything’s better for the hyenas—that’s just the way Nature wanted it, and that’s the way it’ll be until we wake up. Remember, even wildebeests can kick a hyena to death. Their power is in numbers—and in the real Nature, wildebeests are winning, while hyenas are protected by conservation efforts. It’s only in the human world—our world-- that the hyenas are winning.