November 04, 2011

Langone on OWS: Grow Up Already You Big Babies

Former NYSE Director and Home Depot co-founder Ken Langone puts NYT/CNBC dweeb Andrew Ross Sorkin some f'n knowledge about the rabble in Zuccotti Park.

"The kids downtown, I'd view them as babies in adults' bodies," Langone said in a live interview. "I don't think they know what they want to be when they grow up."


"The generation of children in public schools in America today is the first generation that's going to have a lower literacy rate than the previous generation," Langone said. "There are jobs all over, but you need to be able to count."

Langone wrapped up his lesson for the young whippersnapper thusly:

Let me tell you the biggest down side of the welfare state. We are taking the self-respect of these people away. During the depression, my grandfather who went to -- he left school at 6 years old and he had a shovel in his hand his entire life. During the depression, my grandfather refused to go with what was called home relief. Refused it. He said, no, I'm gonna go out and work. I see taking away people's dignity by them believing they're living off somebody else. and that's the biggest -- that's the highest price we're going to pay over the long term.

And then he went down to Zuccotti Park and told the protesters to get off his damned lawn. Not really ... but I'm sure he wanted to.

Watch the whole thing. It's chock-full of goodness.

One of the topics they bring up hear the end is "income inequality", on which Michele Caruso-Cabrera had the killer line: "there used to be no income inequality in China because everyone was poor. This is a tradeoff you accept for growth and freedom." Bingo!

Jimmy Pethokoukis also had a couple of good columns on this topic today. The first is on the OWSers' and Obama's (BIRM) obsession with inequality and the second excerpts from a new study on the topic.

For most people, income increases over time as they move from a usually low-paying first job to better-paying jobs later in life. Some others, however, may lose income over time due to business cycle contractions, demotions, career changes, retirement, and so on. Because incomes are not constant over time, the same households do not necessarily remain in the same income quintiles. Thus, comparing income quintiles from different years is a proverbial apples-to-oranges comparison because the households compared are at different stages in their earnings profile.

To which everybody but liberal Democrats and Former Enron Adviser Paul Krugman replies, "duh."

digg this
posted by Andy at 07:57 PM

| Access Comments

Recent Comments
[/i][/b]Christopher R Taylor[/i][/s][/b]: "[i]I deleted my twitter account and don't want to ..."

redchief: "Not sure how true it is, but was listening to crow ..."

[/i][/b]andycanuck (UHVv4)[/s][/u]: "Why is a minor child's previous sexual history fod ..."

Ziba: "Michelle Ma Belle Big Mike.. ..."

Loudon County School District: "Our bathrooms, our rules. ..."

artemis: "@302 And I think there's a reason the swamp fo ..."

[/i][/b]Christopher R Taylor[/i][/s][/b]: "[i]Fredericka Wilson represents the majority of he ..."

JoeF.: "Is she doing chin ups? Whatever she's doing she se ..."

Joe Mannix (Not a cop!): "One that was strongly buried and Ngo became a targ ..."

JEM: "[i]Even in Portland, "transgenders" are a tiny, ti ..."

Thing From Snowy Mountain, Dandolo Did Nothing Wrong: "Christopher: I just checked Baldilocks' twitter ac ..."

Dr.Rev. Senator Your Highness E Buzz Miller, Esq PhD MA MS: " Tranny is allowed in girl's bathroom. Girl gets ..."

Recent Entries

Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64