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Billionaire: Top 1% Faces Holocaust-Level Hate

According to Tom Perkins, a billionaire venture capitalist, no one has it quite so tough as America’s top 1 percent of earners. In a letter in The Wall Street Journal, Perkins compared the hate directed at America’s uber-rich to the hate directed toward Jews during the Holocaust, because clearly the push for higher taxes on America’s rich is very similar to one of the biggest genocides the world has ever seen…

In the letter, Perkins wrote about “the parallels of fascist Nazi Germany (and) its war on its ‘one percent,’ namely its Jews, to the progressive war on the American one percent, namely the ‘rich.'” He went on to say, “From the Occupy movement to the demonization of the rich embedded in virtually every word of our local newspaper, the San Francisco Chronicle, I perceive a rising tide of hatred of the successful one percent.” He closes out with “Kristallnacht was unthinkable in 1930; is its descendent ‘progressive’ radicalism unthinkable now?”

When asked to follow up by Bloomberg media, Perkins cited San Francisco protesters broke business’ windows while the media “focuses its wrath on the one percent. In the Nazi area it was racial demonization, now it is class demonization.”

Maybe the parallels between negative media coverage and genocide weren’t as obvious to the rest of the media because, expectedly, the piece drew quite a bit of outcry. Elias Isquith of Salon writes “Kristallnacht was an act of coordinated barbarism done in service of the Nazis’ ultimate goal, the expulsion (and, later, elimination) of Europe’s Jewish population. American progressives, on the other hand, would like to see Tom Perkins pay more in taxes.”

Sam Biddle of Valleywag wrote “In short, criticizing the techno-affluent, and their at times unwanted transformation of San Francisco, is tantamount to one of the most horrific events in Western history is one of the most disgustingly tone deaf statements on class tensions we’ve ever seen.”

(Image courtesy of Max Morse/TechCrunch)

About the author

Igor Derysh is the Managing Editor of Latest. com and a syndicated columnist whose work has appeared in The Los Angeles Times, Chicago Tribune, Boston Herald, Baltimore Sun, and Orlando Sun Sentinel, and AOL News. His work has been criticized in even more publications. Follow him on Twitter @IgorDerysh

  • Clarence Brown

    Why they always talking about jews and nazi, what about the genocide in 1890 when they massacred the indians in America ?

    • Thomas W. Yale

      There are many historical parallels one could make of oppressors and oppressed. The Nazi/Jew comparison is the one people usually think of when they need to pick one out of the air.

      What astonishes me more is why Perkins is casting the 1% he’s part of in the role of victims, when the other 99% of us are the ones who’re suffering. Oh, Mr. Perkins, you poor man, my heart is bleeding!

  • Thomas W. Yale

    So where are the concentration camps? The gas chambers? The overcrowded “rich” ghettos? The laws excluding the rich from civil society? Since when has the United States sponsored any program of the systematic murder of wealthy people?

    This Nazi/Jew analogy is more than inaccurate—it’s IDIOTIC.

  • LyndaLBD

    The 1% has got it so tough?? What about those who are barely squeaking by on WalMart wages? How about the ones suffering cancer and don’t have any sort of insurance or are bankrupt from the cost of medical care??? How about the families who are watching a child die from a disease that money could save the life of??? What about those living on the streets because the banks took their homes from them? What about those who have lost their jobs??? THAT IS TOUGH! How about the military person who is fighting so Tom Perkins and the 1% profit from war and oil but know their family may not have enough money to buy groceries or pay the bills? What about the Senior citizens that served their country, worked most of their lives only to watch their pensions ripped away from them and then worry that Politicos are going to take their social security away too? HUH??? How about those that don’t have heating fuel in the NE of the nation during this very cold winter???

    NOW — THAT is tough!

    Tom Perkins and the 1% don’t know JACK about TOUGH! I’ll bet he eats caviar and drinks champaigne after this little interview. And laughs all the way to the bank with millions more while people starve and suffer.