Posted by | December 6, 2011 13:18 | Filed under: News Behaving Badly Top Stories

by Stuart Shapiro

Michael Lewis, the brilliant author of Moneyball and The Big Short, has stumbled upon a top secret strategy memo circulating among the one percent.  The protests do have them worried:

As our chief quant notes, “No matter how well we do for ourselves, there will always be 99 of them for every one of us.” Disturbingly, his recent polling data reveal that many of us don’t even know who we are: Fully half of all Upper Ones believe themselves to belong to the Lower 99. That any human being can earn more than 344 grand a year without having the sense to identify which side in a class war he is on suggests that we should limit membership to actual rich people. But we wish to address this issue in a later memo. For now we remain focused on the problem at hand: How to keep their hands off our money.

But they have a plan:

As a first, small step we propose to bestow, annually, an award to the Upper One who has best exhibited to the wider population his willingness and ability to have nothing at all to do with them. As the recipient of the first Incline Award — so named for the residents of Incline Village, Nevada, many of whom have bravely fled California state taxes — we propose Jeff Bezos.

His private rocket ship may have exploded before it reached outer space. But before it did, it sent back to Earth the message we hope to convey:

We’re outta here!

Perhaps this is the reason that the search for Earth-like planets has picked up recently.

Click here for reuse options!
Copyright 2011 Liberaland
By: Stuart Shapiro

Stuart is a professor and the Director of the Public Policy
program at the Bloustein School of Planning and Public Policy at Rutgers
University. He teaches economics and cost-benefit analysis and studies
regulation in the United States at both the federal and state levels.
Prior to coming to Rutgers, Stuart worked for five years at the Office
of Management and Budget in Washington under Presidents Clinton and
George W. Bush.