Former Texas senator Phil Gramm and one-time Republican candidate for president says that there is only one form of bigotry that is still tolerated in America. Can you guess what it might be? Your first guess might be that it is the bigotry against transsexuals. Or against Mexicans. But that is because you are a bleeding heart liberal. Since Gramm is a conservative Republican, you might think that he is referring to Christians because they never stop claiming victimhood.
But you would still be wrong.
Gramm says that the one remaining bigotry is that against rich people. Yes, indeedy! And what does he provide as evidence of his claim?
Phil Gramm, a former three-term Republican senator from Texas who once ran the Senate Banking Committee, told the House Financial Services Committee yesterday that “it was an outrage” that his friend Edward Whitacre, the CEO of AT&T, only got “$75 million” when he retired in 2007.
“If there’s ever been an exploited worker” it was Whitacre, said Gramm, testifying on the fifth anniversary of passage of the Dodd-Frank financial reform bill. Gramm appeared genuinely aggrieved by Whitacre’s shabby treatment and literally pounded the table while speaking.
Whitacre actually received a retirement package totaling $158 million.
Gramm attributed public anger at CEOs like Whitacre to “the one form of bigotry that is still allowed in America,” which is “bigotry against the successful.”
These people are beyond parody.