Inside Kappa Beta Phi

 Posted by at 12:11 am  Politics
Feb 202014

I trust you all remember how Little Lord Willard was etching his sketch faster than Lyin’ Ryan’s nose grows, when we were treated to the definitive moment of the 2012 campaign.  Thinking he was speaking only to his vulture capitalists cronies, he made the infamous 47% comments, making it crystal clear that he and his party truly represent only billionaires and corporate criminals.  It seems that when Banksters think they are out of the public view, they behave altogether different then they do, when they think the world is watching.  Experiencing this first hand, engendered the following conclusion.

0220Kappa…As I walked through the streets of midtown in my ill-fitting tuxedo, I thought about the implications of what I’d just seen.

The first and most obvious conclusion was that the upper ranks of finance are composed of people who have completely divorced themselves from reality. No self-aware and socially conscious Wall Street executive would have agreed to be part of a group whose tacit mission is to make light of the financial sector’s foibles. Not when those foibles had resulted in real harm to millions of people in the form of foreclosures, wrecked 401(k)s, and a devastating unemployment crisis.

The second thing I realized was that Kappa Beta Phi was, in large part, a fear-based organization. Here were executives who had strong ideas about politics, society, and the work of their colleagues, but who would never have the courage to voice those opinions in a public setting. Their cowardice had reduced them to sniping at their perceived enemies in the form of satirical songs and sketches, among only those people who had been handpicked to share their view of the world. And the idea of a reporter making those views public had caused them to throw a mass temper tantrum.

The last thought I had, and the saddest, was that many of these self-righteous Kappa Beta Phi members had surely been first-year bankers once. And in the 20, 30, or 40 years since, something fundamental about them had changed. Their pursuit of money and power had removed them from the larger world to the sad extent that, now, in the primes of their careers, the only people with whom they could be truly themselves were a handful of other prominent financiers. [emphasis added]

Perhaps, I realized, this social isolation is why despite extraordinary evidence to the contrary, one-percenters like Ross keep saying how badly persecuted they are. When you’re a member of the fraternity of money, it can be hard to see past the foie gras to the real world.

Inserted from <NY magazine> Hat-Tip: Daily Kos

Bear in mind, this is just the conclusion.  The rest of the article is packed material so intense that it make’s Little Lord Willard’s 47% rant seem infantile in comparison.  It includes several pictures and audio clips of these leaches who are sucking America dry, while having the unmitigated hubris to call themselves “job creators”.  It is far too important an article not to click through for all it has to offer.


  7 Responses to “Inside Kappa Beta Phi”

  1. While reaing the article and linked article with member list I kept hoping it was satire like Andy Berkowitz or The Onion. Sadly, it isn't. Members insist it is only a "party fraternity". HAH!

  2. Note that this is ONE CHAPTER of the "Fraternity."  Two words:  Bohemian Grove.

  3. I read this last night on Daily Kos.  These people are so far removed from reality that they seriously need a reality check, like serving time for their crimes.  Watching the video made me cringe.

  4. Out of touch with reality?  That's an understatement!  . . . and they seem to be running scared!  Running from reality further and further!

  5. Amen to all the above!!

  6. ~~The first and most obvious conclusion was that the upper ranks of finance are composed of people who have completely divorced themselves from reality.

    I would recommend some Acid (LSD) in hopes of a bad trip for them… :mrgreen:

  7. […] Inside Kappa Beta Phi. […]

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