AND NOW FOR SOMETHING COMPLETELY DIFFERENT

Let's talk about the "Pamperatti," that pampered horde of trust fund babies who control much of American business, especially the "news" business. We blab and blab about MSM bias, that they lie, and that they shill for causes while pretending objectivity. What nobody has discussed is the huge role Monopoly Capitalism is playing in this singularity of news and opinion in every market. The current absence of capitalism in the news business is robbing the landscape of what it always needs: competition. Only New York has more than one big daily paper; Los Angeles metro with a population of ten million has one, ditto Chicago, Atlanta, and so on.

Why the absence of competition? The main reason is the cost of entry vs the revenue possibilities. Any new paper presents an initial cost of half a billion dollars plus at least five years of losing money. The guys with that kind of money didn't get it by being stupid. Only inherited wealth can be that stupid. So the people controlling the press represent only one kind of billionaire, the ones who are already rich through great great grandfather's acquisitions and passed on inheritance. Known as Trust Fund babies, they have never never held a job, worked their way to the top of anything, and had daddy and mumsy pay for their educations. Once turned loose on their prepared landscape these "pamperatti" will only hire people who think exactly like them. These Pampered Ones are never threatened because each has hundreds of millions of dollars locked away for them that safely pay huge amounts of interest each and every year. They don't have to make money in their "jobs" or in their inherited businesses. They can afford to be "progressive" even if their inherited customers are not.

A large part of our country has been taken over by the "pamperatti." The car business is a disgusting example of people who have gone to the same universities refusing to fire their pampered inefficient pals. Hollywood has long been the capital of nepotism and is only now having their apron strings cut by capitalist mommies who think the unthinkable: make money or get out of the business.

The current state of journalistic groupthink is exactly what the shielded monied class wants. High taxes are good for the established rich because they are shielded from all but a minimum tax. High taxes and big government spending suits the pamperatti just fine. Anything to keep out the capitalists, competition, and accountability.

Membership in the wealth without working class is closed, thank you very much, and it doesn't look like things will change any time soon. They will continue to report glossies about their own, pretend shock at celebrity sex and homo-sex, and profess shock over the victimhood of those pillaged by the companies whose stock they own (this shock is expressed immediately after their brokers short the stock).

I have purposely left out the role that standardized education, subsidized by huge "Foundations," which are simply tax avoidanvce schemes for the mega rich, play in this mosaic. I do so because Libertas has a dynamite review of THX 1138 up today and they discuss this condition at length HERE.

...big business doesn’t care what your values are - it only cares about the dollar. Big businesses are just as likely to be run by liberals these days - a Steve Jobs here, a George Soros there. If Viacom’s Tom Freston (Kerry supporter) wants your children watching MTV, your children will watch MTV. Your child will be glutted with advertising and glamorous images - and he/she won’t be able to escape. And it won’t matter that your values as a parent are different from MTV’s. It won’t matter that you don’t want your daughter growing up to be a pop tart/porn star/Paris Hilton. Viacom-MTV doesn’t care, and is only looking at demographic numbers - of which your daughter is one. She’ll be processed/sexed-up like all the rest - she’ll become a dehumanized sex-body - because if she doesn’t she’ll be regarded as strange and neurotic and you’ll put up with it because … what choice do you have?

Well those without a contaminated value system created by wealth without work won't see that because they already are that.