Tuesday, January 28, 2014

Our Founding Fathers Must Have Been Paranoid Too, Like Tom Perkins

Liberals are in a feeding frenzy over Silicon Valley venture capitalist, Tom Perkins’s, irate letter to the liberal San Francisco Chronicle, reprinted in the Wall Street Journal (Is a Progressive Kristallnacht Coming?). In his complaint, Perkins calls “attention to the parallels of fascist Nazi Germany to its war on its ‘one percent,’ namely its Jews, to the progressive war on the American one percent, namely the ‘rich.’” Perkins warns of “a rising tide of hatred of the successful one percent…. This is a very dangerous drift in our American thinking. Kristallnacht was unthinkable in 1930; is its descendant "progressive" radicalism unthinkable now?

The Left has pounced on Perkins’ Kritstallnacht analogy as the “clownish” mutterings of an “aging, coddled jerk,” who has the gall to compare American “progressives” to Hitler’s Nazis! They dismiss Perkins’ fear of dangerous demonization of the one percent as the paranoid ravings of an ultra-rich guy, who like most of his kind, is “alarmingly detached from reality” (Paul Krugman Paranoia of the Plutocrats).

The faux empathetic conclusion of the Left: Pay no attention to the ramblings of this poor (but rich) fool. He cannot help himself. Imagine a rich guy, isolated in his Francisco estate and private clubs, worrying that “they are coming to get me.”

I say: Not so fast. Perkins’ fears are actually those that motivated our founding fathers to establish a limited government, secured by checks and balances and by the Bill of Rights. Our founders worried, like Perkins, that a majority can pass laws that discriminate against minorities—in particular against owners of property for the purpose of “more fairly” distributing wealth. 

go to forbes.com


  1. I wonder if Putin has the gall to launch a brazen incursion into the Ukraine and then try to negotiate its withdrawal. History shows that Russians/USSR have done this more than one occasion. Recently, Putin pulled off the something with not much of repercussion in Georgia during the 2008 Summer Olympic Games. But, this time, he may wait until the Torch is put out.

  2. Henry Kissinger once said: Russia with Ukraine is a Western power, without Ukraine is an Eastern power. Will Putin accept to go to its Eastern corner? He is still sorry that the USSR is no more. Will he let the Ukraine to join the west on his (Russian) watch? Can he live with the legacy of losing the Ukraine?