Yes Dammit, Spread the Wealth Around!

If they won't invest in America and hire American workers, then tax them.

Spreading the wealth is like sharing a loaf of bread with someone...it's a good thing. But the propaganda that has been put out for many decades by the wealthiest and most powerful among us has demonized this concept of sharing, equating it to evil and communism (and we know how Stalin and Mao mass-murdered their own people).

Media pundits like Rush Limbaugh and Glenn Beck who spew their fear-mongering would have you think that taxing the rich is akin to a socialistic plot to destroy America. Pure nonsense. Tax rates during Dwight D. Eisenhower's time was 3 times higher than they are today, and he was just as American and patriotic as anyone I've ever read about in U.S. history (and he was a Republican too).

And Ronald Reagan, another Republican, despite his misguided ideas about economics, knew that responsible governments needed taxation to fund government, and that millionaires should pay their fair share. We ARE government. And if we're "bigger government", it's mostly because our population has grown by a third -- over 100 million on the last 40 years...since I was 16 years old.

Greedy people don't want to pay fair wages or their fair share of taxes. Greedy people don't want to share at all. And not sharing is greedy, and greed is evil.

In the thirteenth century St. Thomas Aquinas, an Italian priest of the Catholic Church and an immensely influential philosopher and theologian, had wrote that greed was "a sin against God, just as all mortal sins, in as much as man condemns things eternal for the sake of temporal things."

Greed or avarice, after all, is specifically cited as one of the Seven Deadly Sins by the Catholic Church. And Dante Alighieri's Inferno dedicates an entire circle of Hell to the painful punishment of the greedy. Greed or avarice was seen by the Church as sinful due to its overvaluation of the mundane, rather than immaterial or spiritual aspects of existence.

Avarice can describe various greedy behaviors such as betrayal or treason for personal gain, hoarding of material things or wealth ($2 trillion on the side lines in off-shore accounts), theft (such as all those on the TV show American Greed), robbery (such as the investment banks like Goldman Sachs), and fraudulent schemes such as Bernie Madoff's, designed to dishonestly manipulate others for personal profit.

Greed is about never being satisfied with what one has, always wanting and expecting more. It is an insatiable hunger. A profound form of gluttony.

Addiction is a form of greed. Addicts always want more of what gets them high, gives them pleasure, enables escape from anxiety, suffering, themselves. They greedily crave that which their substance or rituals of choice provide, be it drugs, sex, gambling, food, pornography, internet, television, fame, power or money.

We all have our own personal addictions to some varying degree, it's human nature: workaholism, rationalism, shopaholism, perfectionism etc. This is our futile attempt to fill a spiritual and emotional emptiness within, to gratify some long-buried need, to heal, or to at least numb some festering psychological wound.

Greed is a type of selfishness. And most of us are taught from childhood that selfishness is sinful, bad or evil. When does selfishness cross the line into egoism, self-indulgence, greed, sociopathy and pathological narcissism? When does one cross the line from being just stingy to evil?

How many "Gordon Gekkos" are there really in this world that truly believe that "greed is good"?

Is it Bill Gates with $59 billion, Warren Buffett with $39 billion, Larry Ellison (Oracle) with $33 billion, the Koch brothers with $25 billion each, George Soros with $22 billion, or Sheldon Adelson (Las Vegas Sands casino) with $21 billion? Who's good and who's evil?

Oliver Stone's "Wall Street" could have been about true hostile takeovers (Carl Icahn $13 billion), insider trading (Raj Rajaratnam $7 billion hedge fund), cold calling, investment banking (Goldman Sachs managing $720 billion) -- information asymmetries -- the language of so-called high finance permeates the world depicted in the movie Wall Street. The film has come to epitomize the culture of that center of financial transactions in the United States called by the same name. That's why the Occupy Wall Street protests are happening there today. Greed and corruption.

But if all the financial markets did was just move money from "weak" hands to "strong" hands, then it would be little more than the casino that many have claimed it to be.

What is the relationship of the financial sector to the so-called real economy? This is an important macroeconomic question. In Wall Street, Lou Mannheim tries, implicitly, to answer this question when he says to Bud Fox that "the money you make for people creates science and research jobs."

In fact, most of the trading in the financial markets has no direct effect on the capital available to industrial corporations, such as those producing tangible products, for building new plants, buying equipment, or hiring new workers (including those engaged in research and development).

Trading in existing equity and bonds simply moves money from one portfolio investor's hand to another such portfolio holder.

House Speaker John Boehner says that the markets need "certainty". In order for these markets in securities to work properly, most portfolio investors must be confident that the market is, for the most part, fair. That's why we have the SEC. So why does John Boehner and the Republicans want to further de-regulate it?

But how can greed ever be good if no jobs are being created and millions of people are either unemployed or earning sub-standard wages?

If someone such as Bill Gates or Steve Jobs had used domestic workers (paying a living wage) and domestic suppliers to manufacture their products, couldn't they have been just as competitive in the market-place and still been billionaires, but just had a few billion less that they do now?

Instead of Bill Gates using slave labor in China to earn $59 billion, couldn't he have created middle-class jobs in this country and only be worth half as much today? What would he have been unable to do? What would have kept him from being competitive in the marketplace? And couldn't the same be said for all the other 400 people on the Forbes's Richest 400 List?

Then there is Wal-Mart with low paying part-time jobs and no healthcare benefits for employees who sell products made in China. Together the 4 heirs of Wal-Mart have $81 billion in personal wealth between them (Christy Walton $24.5 billion, Jim Walton $21 billion, Alice Walton $21 billion, and S. Robson Walton $20.6 billion). Do they think that "greed is good"?

How about NYC mayor Michael Bloomberg with $19.5 billion, Facebook owner Mark Zuckerberg with $17.5 billion, or those at Google. Or the late Steve Jobs with $7 billion? Did he think that "greed is good"?

And what of all their executives on their board of directors...what do they think?

Some people say taxing them is punishing the rich for their success; and that by asking our captains of industry to hire Americans and contribute to this country is somehow being un-American. Or that asking the caretakers of our nation's monetary supply to improve our infrastructure and pay off national debt is unfair. Some compare it to Socialism and "spreading the wealth around". Well, what happened to their "trickle-down" theory? Wasn't that supposed to also reward American workers with the fruits of their labor? Wasn't their "free market" economic system supposed to be a rising tide, lifting ALL of our boats? (Millions have sank since 2008.)

With income inequality wider than it ever was since the Gilded Age, couldn't greed be suspected by some of the bankers and corporations? Or are poor people just whining for no reason at all? Is it really just the poor people who are waging a class war against the innocent multi-national conglomerates, and it's really just the poor people that are really the greedy, envious, and evil ones?

But can poor people even afford to be greedy, if they have nothing to share?

No matter how the point is argued, even without considering the Forbes 400 list of people's PERSONAL net assets, there is still $2 trillion on corporate balance sheets that's sitting dormant. There is a lot of money they won't invest and can't spend...so they only hoard it. Hoarding leads to an inefficient distribution of scarce resources, making the scarcity even more of a problem. And hoarding is evil. Read: Good (us) Verses Evil (bankers)

If I were a successful baker and I had an extra loaf of bread that I couldn't sell because everybody else that could, already bought my bread - and you were hungry, but didn't have the money to buy my bread - should I just keep the extra loaf stored away somewhere until someone else could buy it at a later date? Should I just hold it until it becomes moldy and is no good to anyone else, and then just throw it away?

Or should I just give it to you so you won't starve, by spreading my wealth around? (I wouldn't starve.)

More that 99% of all Americans don't have a net worth of $1 million, nor will they ever acquire it in their entire lifetime (not even as a lifetime total), let alone actually earn $1 million in any one given year. That's who Obama wants to tax. He wants to tax those who have a million loaves of bread. If you want to call that "socialism", so be it. I call it sharing.

President Obama in an address to the Chamber of Commerce in Washington, D.C. on February 7, 2011 - "So if I’ve got one message, my message is now is the time to invest in America. Today American companies have nearly $2 trillion sitting on their balance sheets."

The Second Gilded Age: History Repeats Itself

The result of 40 years of conservative-leaning policies has undermined labor unions and favored banks and corporations over workers. If he had been alive today, when Mark Twain wrote in his autobiography, "It kept us hoping and hoping during 40 years, and forsook us at last," he could have been referring to these last 40 years of middle-class decline.

The Gilded Age is a period roughly defined by the end of the Civil War in 1865 and the beginning of World War I in 1917 in the United States when the economy transformed itself and grew under the leadership of new tycoons; and when America's mercantile society had once again transformed itself under the impact of the nouveau riche -- the opportunistic industry leaders and speculative railroad promoters. They were once known as tycoons, moguls, magnates or robber barons. Today they call themselves CEOs.

During the Gilded Age the super-rich industrialists and financiers such as John D. Rockefeller, Andrew W. Mellon, Andrew Carnegie, Henry Flagler, Henry H. Rogers, J.P. Morgan, and the Vanderbilt & Astor families were attacked as "robber barons" by critics, who believed they cheated to get their money -- and lorded it over the common people.

John D. Rockefeller used his wartime profits from the Civil War to finance his investment in Samuel Andrews' oil refinery, which led to the creation of Standard Oil and his huge fortune. But Rockefeller was also an astute businessman who knew how to borrow money to finance promising projects. Most (Northern) businesses benefited from the Civil War's demand, so many considered this "war profiteering".

Philip Danforth Armour more directly profited from the Civil War by selling pork "short" in New York City and made his first million in the process. Then he went to Chicago, where he built up a huge meat-packing house in partnership with his brother. In the 1980s, the Armour brothers brand was split between Pinnacle Foods and Smithfield Foods. The Armour brand for use in the pharmaceutical industry is owned by Forest Laboratories Inc.

The Civil War allowed others to profit as well. The Pacific Railroad Act lay the ground for the first U.S. transcontinental railroad. The subsequent fortunes of the Thomas C. Durant and Ames, as well as the Pacific Quartet (Leland Stanford, Charles Crocker, C.P. Huntington and Mark Hopkins), were based on this monumental construction project.

The Civil War caused the disruption of normal labor conditions during the war, in conjunction with the increased demand for food and clothing, which was directly responsible for the rise of the John McCormick harvester-reaper and the Singer sewing machines.

Mining fortunes laid the foundation for California and the West Coast's economy and later radiated on the whole nation's economy, as the mining bonanza kings and their descendants invested their silver or copper profits in enterprises of national interest. George Hearst used his mining fortune to buy the San Francisco Examiner and gave it to his son to manage. Using the millions he inherited from his father, William Randolph Hearst later built one of the major tabloid newspaper chains in the Twentieth Century.

After the outbreak of Civil War, Cornelius Vanderbilt left the steamship business, sold most of his ships to the Union Navy and started his career of a railroad tycoon. In a number of short campaigns, he acquired the New York & Harlem, the Hudson River and the New York Central railroads. In the process he built himself a fortune and became the richest man in the world.

Other railroad tycoons made large fortunes in all regions of the United States, building other transcontinental roads, speculating on their stocks and bonds to eventually consolidate them in ever larger systems, spanning whole regions and driving towards a monopoly, which they never seemed to reach. Men like Jay Gould, Jim Fisk and Russell Sage became known as the archetypes of the robber barons, preying on their fellow citizens to extort their money in devious Wall Street speculations or corporate coups.

J.Pierpont Morgan was another monument of the Gilded Age. This son of a wealthy merchant banker joined forces with the Drexels of Philadelphia in 1873 and Morgan became the peacemaker in the railroad wars of the 1880's, having gained the Vanderbilts' confidence.

Drexel, Morgan & Company became J.P.Morgan & Company in 1893, the nation's premier investment bank. When John Pierpont Morgan created United States Steel in 1901, and became the first American corporation with a capitalization exceeding $1 billion, he wielded more power than any other American capitalist, or any other man in the World. His creations also included General Electric, International Harvester and the reorganization of American Telephone & Telegraph Company (AT&T). The Titanic was a ship of the International Mercantile Maritime trust, a corporation J.P. Morgan sponsored in 1902.

The Gilded Age was also the age of the banker and J.P. Morgan was the greatest and most charismatic of the great investment bankers of his time, but he was in no means the only one, and he was also not the richest. The superlative among the bankers in terms of wealth fell to the Mellon brothers of Pittsburgh: Andrew William Mellon and Richard Beatty Mellon. They were major stockholders in the fabulously successful Gulf Oil corporation and the Aluminum Company of America (to become Alcoa). Their aggregate wealth exceeded $1 billion before the stock market crash of 1929.

The Gilded Age also saw the rise of the great commercial banks, most of them located in New York. Moses Taylor built the City Bank. This, and the First National Bank of New York, merged to form the First National City Bank of New York, nowadays known as Citicorp.

The Gilded Age also saw the establishment of Jewish banking houses in America. August Belmont was the agent of the Rothschilds in New York and in this position, one of the most influential Jewish bankers in America. But the largest and most influential American Jewish banking house was Kuhn, Loeb & Co of New York.

Merchants evolved to superlatives in these times of rapid growth. The first of the great merchant princes was Alexander Turney Stewart, whose department store became a monument in New York City. In 1875, A.T. Stewart was the third richest man in America. Unlike Vanderbilt and Astor, Stewart had no children and therefore failed to found a dynasty. The A.T. Stewart department store was acquired by the Wanamakers of Philadelphia. Marshall Field built the largest department store in Chicago and became one of the richest Americans at the turn of the 20th century. Department stores rose in all major American cities such as Macy's in New York, controlled by the Straus family (not to be confused with Levi Strauss, the German-Jewish immigrant who founded the first company to manufacture blue jeans in 1953); Strawbridge & Clothier in Philadelphia; and many smaller ones.

Frank Winfield Woolworth was the king of chain merchandising with his 5 & 10 cent stores. George Huntington Hartfort also built a very successful specialized chain with his Great Atlantic & Pacific Tea Company (A&P and Pathmark supermarkets). Another new retailing concept was mail order, the direct ancestor of nowadays e-commerce. Richard Warren Sears (Sears, Roebuck and Company) and Aaron Montgomery Ward were the successful pioneers in this field.

But the Gilded Age was first of all the age of industry. During the second wave of industrial revolution, the small family manufacturers and mercantile partnerships gave way of ever larger industrial plants, financed and promoted by a new breed of capitalists. It was the age of the trusts, these nebulous legal creations, predecessors of the modern corporations, which so much scandalized the public by their strive to monopoly.

The first and largest trust, sometimes called the "mother of trusts", was the Standard Oil company, whose main promoter, John Davison Rockefeller, later became the richest American ever -- and also one of the foremost philanthropists. The basis of the Standard Oil Trust was the secret association of the major oil refiners in Cleveland, Pittsburgh, Philadelphia and New York, to bring order to the anarchy, that prevailed in the Western Pennsylvania oil regions. Under the umbrella of Standard Oil, John Davison and William Rockefeller gathered the leading oil industrialists of their times. (By 1911, with public outcry at a climax, the Supreme Court of the United States ruled that Standard Oil must be dissolved under the Sherman Antitrust Act and split into 34 companies.) Standard Oil was so fabulously profitable after the trust agreement of 1882, that the major partners had millions to invest in other enterprises, which they eagerly did, such as in mining and the production of steel.

The Gilded Age was also the age of steel, which was the pillar of the U.S. industrialization during the second part of the 19th century. The champions were Andrew Carnegie and his handpicked team of partners and managers, including Henry Phipps, Alexander Holley, Captain Bill Jones, and later Charles Schwab and William Corey. One of the main Carnegie partners was Henry Clay Frick, who also dominated the coke industry at Connellsville, Pennsylvania. (Alexander Berkman plotted to murder Henery Clay Frick in revenge for the seven steelworkers killed when they were attacked by the Pinkerton detectives hired by Frick to disperse the locked-out workers and allow in strikebreakers.)

A profitable business and essential component of the industrial revolution, steel soon became the coveted turf of some of the major corporate consolidators. J. Pierpont Morgan and the Moore brothers created several steel product trusts. Both the Moores and J.D. Rockefeller made attempts to takeover Carnegie Steel toward the end of the 1890's, but is was Morgan, who finally clinched the deal with Carnegie and managed to organize the giant United States Steel corporation in 1901. U.S. Steel was apotheosis of the trust movement. Charles Schwab was made the first president of U. S. Steel, but he resigned after just three years, took over Bethlehem Steel and built it into a major rival. (The U.S. steel industry operated with little foreign competition. But eventually foreign firms were rebuilt with modern techniques such as continuous casting, while profitable U.S. companies resisted modernization.)

Soon a new sector of services known as "public utilities" emerged. Public utilities roughly comprised telecommunications, street railways, and gas or electricity suppliers. Telecommunications started with the telegraph lines. The Western Union Telegraph company soon had the reputation of a stable investment held by many of the richest capitalists, including the Astors and the Vanderbilts. Through a series of merger transactions, Jay Gould and Russell Sage gained control during the 1880's. These robber barons were already among the leading railroad tycoons. During the 1890's this group of capitalists consolidated the street railways in NYC and Philadelphia and reaped huge profits. With the profits from their transactions, these men took large positions in gas and electricity companies, mining enterprises, the nascent automobile industry and the American Tobacco trust (a monopoly that controlled the cigarette market. (Aside: The game of Monopoly can be traced back to 1904.)

The huge fortunes they derived from their mining, railroad, banking, merchandising or industrial activities, brought the American capitalists a status, second to none, including royalty. And like the kings and earls of Europe or the somewhat more modest colonial manor lords and plantation owners, the kings of fortune left their landmarks to posterity, mainly in the form of their castles and mansions. Superlative architectural expressions of great wealth were built in many places, but they tended to favor certain spots, such as Newport R.I. or Long Island (where Bill O'Reilly of Fox News lives. See his mansion here.)

The Vanderbilt family easily outdid all other wealthy families of the Gilded Age in their architectural aspirations, although the Du Ponts of Delaware later made it to a close second. Their favorite architect, Richard Morris Hunt, built the Vanderbilts no less than five castle-like mansions, including 660 Fifth Avenue, Idle Hour, Marble House, the Breakers (pictured below) and Biltmore, the largest of them all. A dozen other mansions rounded the set of Vanderbilt family seats, which had reputedly cost an aggregate of more than $100 million. Like the Livingstons (signers of the Declaration of Independence and the United States Constitution) did a hundred years earlier, the Vanderbilts built their social prominence on the stones of their lofty country estates.

Commodore Cornelius Vanderbilt (1794-1877) established the family fortune in steamships and later in the New York Central Railroad, which was a pivotal development in the industrial growth of the nation during the late 19th century. Below is his grandson's Rhode Island mansion The Breakers. Estate taxes eventually slowed the perpetuation of wealth in the hands of these founding families...but not very much today.

The Du Pont family's mansions were all built in the countryside of Delaware and nearby Pennsylvania in an area which is known as the "American chateau country", nestled in the quiet Brandywine valley. Like the Vanderbilts and the Duponts, other wealthy families built their mansions preferably in the countryside close to their hometowns, in Newport or in Florida.

But the great capitalists of the Gilded Age also left more public minded legacies. Many of them ended a lifelong passion of art collectors by leaving their collections to a museum. Some of the greatest magnates just left a sizeable part of their fortune to philanthropic foundations. Andrew Carnegie devoted the last two decades of his life spending the money he had made before. John Davison Rockefeller did likewise in what some would later term as an attempt to restore his image and shed the cloak of the villain. (Rockefeller Center in NYC was named after John D. Rockefeller, Jr.)

The Gilded Age ended sometimes in the first third of the 20th century, Some cite the 15th of April 1912, the night when the ocean liner Titanic sank. Others mention World War I or the stock market crash of October 24, 1929. All these events certainly had an impact on the factors which put an end to the Age of Moguls in America. The Titanic disaster taught mankind that there were still limits to where it could go. World War I started a process in which the power of the federal government was increased against the power of the tycoons, a process which would be furthered by the depression which followed the stock market crash of 1929.

A century later one might call this era in American history The Second Gilded Age. With the advent of modern banking, the advancement of computer technology, the outsourcing of American jobs, and the proliferation of American greed and corruption in politics over the last 40 years, we have seen the exact same inequality of wealth as we did during the original Gilded Age.

America's 99 percent are not just imagining it. The gap between the incomes of the rich and poor in this new Gilded Age is strikingly broad and deep, according to an October report from Congress' data crunchers. The study by the Congressional Budget Office, released this week, found that income has become dramatically concentrated, shifting heavily toward the top earners between 1979 and 2007. And although incomes at all levels have risen some, they've skyrocketed for the very wealthiest of earners. The top 1 percent is where the growth was breathtaking. That contingent saw their incomes spike by 275 percent.

"It is really stunning the degree to which rewards have been concentrated at the top," said Josh Bivens, an economist at the Economic Policy Institute. "We have now returned to Gilded Age levels of inequality."

The hoarding at the top was so great that even after accounting for taxes, the "income received by the 20 percent of the population with the highest income exceeded the after-tax income of the remaining 80 percent," the CBO found. This week's report is far from the first to point out rising income equality in the United States. Numerous studies have shown that America's very highest earners have been steadily pulling away from the rest of the population for a generation.

Wages for the lower and middle classes have hardly moved for the last three decades -- a phenomenon that roughly coincides with the decline in union participation, as Think Progress noted. Paul Krugman, the Nobel-winning economist and left-leaning New York Times columnist, describes this phenomenon as the "Great Divergence."

Today, the 400 richest people in the country control more wealth than the bottom 50 percent of households, and the U.S. ranks roughly alongside countries like Uganda in terms of the gap between its richest and poorest citizens.

The CBO report noted that salaries for "superstars" -- top earners in sports, entertainment and the corporate world -- have jumped out of proportion to other workers' income. The report also noted that capital gains income has spiked much more than cash coming from interest, dividends or pensions.

A big culprit is the deregulation of the finance industry. The CBO identified finance (banks) as a sector that saw some of the largest jumps in income.

The year 2007 has a lot in common with another notable year: 1929. Besides the similar spikes in glaring income inequality, both years marked the beginning of one of the worst economic downturns in United States history. According to the International Monetary Fund, the pronounced degree of inequality today is likely holding back the economic recovery -- thereby prolonging the misery for millions of Americans who are out of work and the record 46.2 million who are currently living in poverty.

The gap separating the richest 1 percent from the rest of the country has emerged as arguably the single most prominent rallying cry of the Occupy Wall Street movement, which began last month on September 17th in New York City's Zuccotti Park and has since expanded to hundreds of protests around the country and sister demonstrations across six continents.

And there's another coincidence that Occupy Wall Street and the 99 percenters might point out: It was the collapse of the Gilded Age that preceded many of the successes of the labor movement and the Progressive Movement.

What really put an end to the original Gilded Age (The Age of the Moguls), was the introduction of income and estate taxes during the Wilson administration. Corporate and income taxes rendered wealth accumulation slower and more difficult, whereas the estate taxes prevented the perpetuation of wealth in the hands of the founding families. It allowed for an American middle-class in the 1940's, 50's and 60's, but which has steadfastly eroded over the last 40 years -- about the same time taxes for the wealthy declined as labor unions came under attack as wages stagnated.

Now we're trying to fix this disparity in wealth by fairly taxing the wealthy; but because of the Republican Party (widely known to favor the wealthy and large corporations), and because of money and corruption in politics, it's proven to be very difficult to do.

Mark Twain and Charles Dudley Warner wrote a novel in 1873 called "The Gilded Age: A Tale of Today", which satirizes greed and political corruption in post-Civil War America. Its title very quickly became synonymous with graft, materialism, and corruption in public life. In one preface to the novel Mark Twain writes, "We have also touched upon one sad feature...that is the shameful corruption which lately crept into our politics, and in a handful of years has spread until the pollution has affected some portion of every State and every Territory in the Union."

There is currently a petition to end unlimited money going to SuperPacs to bribe elected politicians, those who only represent the interests of very wealthy people (like the Koch brothers), banks (like Goldman Sachs and Bank of America), and corporations (like Exxon Mobil), instead of the interests on THE PEOPLE. Only when corporations and banks can be reigned in and properly taxed and regulated, can THE PEOPLE (here, and around the world) take back their country and restore (or create) a middle-class.

Just like the during Roaring Twenties before the stock market crash of 1929 and the subsequent Great Depression of the 1930's, the deregulation of banks made possible by Republican sponsored legislation, allowed the banks to sell derivatives that caused the housing collapse in 2008. The banks, who made easy money spawned by greed and excess, and the low taxes on large corporations and the uber-wealthy (during the Bush tax cuts years), fueled the Second Gilded Age, and caused the budget crisis, unemployment, and the Second Great Depression.

What ended the Gilded Age was better taxation of income, corporations, and wealthy estates. It once allowed for an American middle-class, which has steadfastly eroded, as did taxes on the rich, over the last 40 years. I suspect the same thing is needed again to end this Second Gilded Age...taxing the rich more and more fairly redistributing the wealth. But we'll never have that with the Republicans.

Herman Cain - A National Narcissistic Joke

nar·cis·sism (närs-szm) also nar·cism (-szm) n. - A psychological disorder Excessive love or admiration of oneself. A psychological condition characterized by self-preoccupation, lack of empathy, and unconscious deficits in self-esteem. The attribute of the human psyche characterized by the abnormal admiration of oneself. Out of touch with common people, cannot relate to, or with, the normal human condition.

Before Libya's Muammar Gaddafi went into hiding after an armed rebellion by the Libyan people (because he raped and pillaged the country), was the Libyan leader always going on national TV and telling his people, "That's what the people want."

The Republicans do, all the time. "That's what the American people want." Why are they always telling us what we want, when in fact, we don't want their same old crap at all! But yet, they still keep repeating that same mantra over and over again - as though maybe, if they say it often enough, they'll get a consensus of the people, and we'll start to believe them.

And that's what really pisses me off. The Republicans must really think that the American people are very, very, stupid. Are we? Or is it just Republican voters who are? But regardless, Republican presidential hopeful Herman Cain must think I'm very stupid indeed!

And what's scary is, this week Herman Cain leads the pack with 27% of the Republican voters in the polls! That's an awful lot of dumb and stupid Americans, because there can't be that many Republican millionaires or corporate CEOs.

I wish Bill O'Reilly would get Body Language expert Tonya Reiman on his show and analyze Herman Cain, who rarely smiles and always licks his lips when he speaks in his interviews. He always seems to be so angry at the American people all the time. Why? Is it because we have the nerve to doubt his preposterous schemes?

Herman Cain was on Meet the Press this morning. He said the Liberals aren't mismanaging the economy, they're deliberately trying to destroy it (I'd say Bush and the Republicans already destroyed it...remember 2008?)

Herman Cain says with his 999 Tax Plan, taxes will go up for some "some people" [the poor], but that the cost of their goods and services will also go down, because there will be no more invisible taxes. (He used the "loaf of bread" economic theory.)

Herman Cain said the Occupy Wall Street people were "stupid" and protesting the wrong people, that they should be protesting at the White House for failed economic policies (I guess Herman Cain wasn't paying attention to what the banks and other corporations have been doing while he was making pizzas.)

And can Herman Cain read English? He says the people protesting Wall Street don't know what they want, but if Herman can read, all the protest signs in over 950 protests in 80 cities around the world are clearly stating the same thing...and that is what they DON'T want. It doesn't take a damn rocket scientist to figure that out. Maybe Americans aren't so stupid after all, maybe Herman Cain is.

If Herman Cain had read this Fox News article or had watched this un-aired Fox News interview, Herman Cain might have a much better understanding of what the "occupy" protesters (the 99%) were all about and what they want...and it's certainly not Herman Cain, or his screwy 999 Tax Plan (no matter how many times he tells us).

But yet, he tells the American people that "yes", that is exactly what we want. If Herman Cain really believes this, then he is just as out of touch with the 99% as the other 1% is.

The Herman Cain 999 Tax Plan is nothing more than a shell game: It taxes the poor more, and taxes the rich less, just like all the other Republican millionaires and their corporate hacks want to do. They are all narcissistic assholes.

(BELOW) Herman Cain - Then and Now

Besides Herman Cain, all the Republicans, and many Democrats, here's some more narcissistic Jokes...

# How many narcissists does it take to change a light bulb?
None, a narcissist will always manage to find someone else to carry out a menial chore like that.

# What is one way to irritate a narcissist?
Pretend to enjoy doing the lowly menial chores which the narcissist has given you to do. It will make the narcissist think that he or she is missing out on something.

# What's a narcissist's idea of being a "slave"?
Not being able to boss everyone else about.

# What is a narcissist's idea of equality?
Being equally bossy to everyone else

# Why does a narcissist find it so difficult to empathize with others?
Because he (or she) is always so busy empathizing with himself (or herself)

# What's a narcissist's definition of "rubbish"?
(like social programs) Items which take up space in the narcissist's house but which belongs to someone other than the narcissist.

# What's a narcissist's idea of generosity?
Giving away things which the narcissist considers to be rubbish.

# What do you call a narcissist who is never envious of others?
Exceptional!

# What is a narcissist's idea of being abused?
Occasionally having to go along with someone else's preferences.

# Why do narcissists indulge in projection?
It's not narcissists that indulge in projection, its you that indulges in projection. - you are so devoid of empathy and you always want lots of attention and if I dare to criticize you, you always fly off the handle and you go on and on and on about it and you never let me get a word in edge-wise and as well as that you are always being charming to people when they are present and later on you always want to criticize them behind their backs! (pause for a deep breath)

# What's a narcissist's idea of hard work?
Arranging for lots of other people to do all the chores.

# Why does a narcissist find it tiring to have lots of visitors?
Who said that acting wasn't tiring? (the narcissist has to present a false image to those whom he/she feels the need to impress. However, if the visitors stay long enough the narcissist might eventually let his/her guard down (and the visitors might see a truer picture).

# Why do narcissists feel the need to control other people?
Perhaps it makes up for them not being able to control themselves.

# What do you call a narcissist who can graciously accept criticism or blame?
Dead.

# What do you call a narcissist who can get through a whole day without criticizing someone?
Unfeasible! Narcissists have to criticize others incessantly, despite the fact that they cannot bear to receive criticism.

# How can you tell when a narcissist is telling lies?
His/her lips are moving (narcissists feel a need to lie. It is regarded as an intrinsic part of his/her defenses)

# What's a narcissist's idea of compromise?
Persuading others to go along with the narcissist's preferences.

# What do you call a narcissist who is never vengeful?
A myth.

# Why does a narcissist often fail to keep his/her word?
Because a narcissist's promise is the narcissist's own property. So the narcissist has a right to break his/her promise if he/she wishes.

# What do you call a narcissist who learns to empathize with other people?
Cured! (the inability to empathize properly with others is a key feature of pathological narcissism)