Monday, July 30, 2012

Billionaire Jeff Greene on Democracy -- New York Magazine:

This past April, at the Milken Conference, the annual confab hosted by the felon turned philanthropist, Greene sat on a lunchtime panel with Charles Murray, the author of Coming Apart: The State of White America, and historian Niall Ferguson, whose recent book could have been called the same thing. “Do you see this?” Greene asked the audience, pointing to a slide that showed the widening income gap. The crowd, whose members had paid the $6,000 entry fee to get investing tips, not guilt trips, made restless noises. Then there was a smattering of impressed applause, followed by uneasy laughter. Greene blinked, surprised. “People look at Occupy Wall Street as, This is just a little kind of a disorganized joke,” he said, raising his voice. “If we take another 10 percent of middle-class America’s income, who knows what kind of other social unrest could happen in this country and the changes that could happen to our way of life?”