Let Them Eat Cake!

As I’m sure you know, last week Barack Obama added a salary cap provision to the next round of bank bailouts that would limit the pay of any executive at a bank receiving TARP money to half a million dollars a year. The right-wingers immediately started shrieking “Socialism! Socialism!”, but at this point those people have reached the level of slime mold in terms of credibility (and that’s insulting the slime mold). Since Obama said it was a “take-it-or-leave-it” proposition, Bank of America decided it was more important to continue to plunder their depositors’ money for things like bonuses and Super Bowl parties and so they won’t have anything to do with the next round of bailouts.

Meanwhile, the New York Times had the unmitigated gall to run this article in Sunday’s paper about just how hard it is for the average millionaire to eke by on half a million dollars a year in New York City. Why, a chauffeur alone costs anywhere from $75,000 to $125,000 a year! And Wifey simply MUST spend $35,000-$50,000 on two or three new frocks to wear to all those ghastly social events millionaires must attend. Not to mention the $4 million summer house in the Hamptons, the $20,000 vacations twice a year (sun in the winter, skiing in the spring, dahling!). How ANYONE could expect a person to barely scrape by on half a million dollars is simply a NIGHTMARE.

My friends, I have the perfect solution:

If it was good enough for Marie Antoinette, surely it is good enough for these people.

2 comments

  1. John Munsch says:

    The “Let Them Eat Cake” is generally considered to have been falsely attributed to Antoinette. Which is not to say that she was a great person, but I like my rhetoric historically accurate :)

  2. Brian says:

    Well, Cecil Adams agrees with you about that, but I, for one, have never been shy about letting a bon mot win out over hard facts.

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