America’s Elites Are on Top of the World
America’s Elites Are on Top of the World by Bill Bonner – Bonner and Partners
his morning, while waiting for one dose of claptrap, we were whacked by another.
Fed chief Janet Yellen was scheduled to speak before the House Financial Services Committee on Capitol Hill at 10 a.m. Waiting, we read a column by Mr. Brooks in The New York Times:
Recently I took a friend with only a high school degree to lunch. Insensitively, I led her into a gourmet sandwich shop. Suddenly I saw her face freeze up as she was confronted with sandwiches named “Padrino” and “Pomodoro” and ingredients like soppressata, capicollo and a striata baguette.
I quickly asked her if she wanted to go somewhere else and she anxiously nodded yes and we ate Mexican.
Mr. Brooks is making a very sensitive comment about how very sensitive he is.
He is also talking nonsense.
His lament is that there is a big gap between the elite and everyone else, illustrated by the divide between someone “with only a high school degree” and himself.
But what kind of higher education would you need to know what soppressata and capicollo are?
A degree in Italian cooking!
And what kind of person, high school degree or not, could possibly care?
That’s the problem with social codes: They are mostly a waste of time.
No matter how much education you’ve suffered, remembering the ingredients in every gourmet concoction in Manhattan is probably not the best use of brain capacity.
And it takes no PhD in psychology to see that Mr. Brooks has spent too many hours looking at himself in the shiny metal of sandwich shop counters. He needs to get some fresh air.
America’s elites are on top of the world – with more money, more power, and more status than any elite since 4th-century Rome, just before the barbarians arrived.
Studying themselves in the mirror, they wonder: How come we’re so great?