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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