Google Groups no longer supports new Usenet posts or subscriptions. Historical content remains viewable.
Dismiss

A Letter to the Lazy - Don't just whine and beat drums about people and institutions you don't know the first thing about.

0 views
Skip to first unread message

Ubiquitous

unread,
Oct 15, 2011, 6:59:29 AM10/15/11
to
By Ben Stein

Dear Demonstrators,

What a great time you must be having. I used to demonstrate a lot
myself. In the 1950s and 1960s we marched and picketed for civil rights
for black Americans and we accomplished a lot. In the late '60s and '70s
we demonstrated to end the war in Vietnam and "bring it on home to
Babylon..." as we often said. The results were a catastrophe for the
Cambodians but probably good for the U.S., which was caught in a meat
grinder there in Asia.

My wife and I also danced and screamed and sang for the Black Panther
Party. That was a bit of a mistake but we were at Yale and we didn't
know any better.

But we always had specific goals: voting rights. Equal housing and
accommodations. Bringing the troops home.

What are your specific goals? It means zero to be against greed. Greed
is a basic part of animal nature. Being against it is like being against
breathing or eating. It means nothing.

And, what does it mean to be against corporations? Corporate ownership
is _by far_ the most efficient, responsible way of organizing industrial
production there has ever been. It is a billion times more democratic
that the Marxist forms of organization some of your speakers are
advocating. Marxism is so much uglier than capitalism it's not even in
the same universe. Marxism is just systemized envy, violence, and
repression.

Besides, your parents and grandparents are the owners of those
corporations through their retirement investments. Do you want to
impoverish your own parents and grandparents? Do you want to impoverish
yourselves?

I agree that there are some bad apples on Wall Street. I spent about ten
years exposing corporate and financial fraud for Barron's magazine and I
found a lot to write about.

But the overwhelming majority of the people on Wall Street get up early,
work an incredibly long, hard honest day, mostly trying to make money
for your parents and grandparents and for the endowments of your
universities -- and for a very few wealthy people who often leave their
money to your schools.

To tar all of Wall Street with the same brush is outrageously unfair and
false.

Look, many of you have educations. If you want to fight the evil you see
in finance and industry, get to work reading the corporate filings, see
if there has been fraud, and where you find it, report it to the SEC or
write about it or blog about it.

But don't just whine and beat drums about people you don't know and
don't mock the best political and economic system there has ever been.
Do something specific and constructive, and if you are willing to work
as hard as the people on Wall Street, you might just accomplish
something.


--
"If Barack Obama isn't careful, he will become the Jimmy Carter of the
21st century."

0 new messages