“Insanity is doing the same things and expecting different results.” Rita Mae Brown
When on October 10th George Soros said that he wasn’t contributing to this campaign because he didn’t want to “stay in the way of a [Republican] avalanche,” one could almost say that the old man finally regained his sanity. That delusion would have lasted for about a fortnight, until Soros declared he was giving money to the highly unpopular NPR for hiring more reporters, after Juan Williams was fired.
Last time he publicly gave a big chunk of money to a news corporation was when in February 2006 he saved the bankrupt Air America in order to have it as a tool for the mid-term elections at the time. At that time, The Hill reported, while actively engaging in the Democratic Alliance,
George Soros told a carefully vetted gathering of 70 likeminded millionaires and billionaires last weekend that they must be patient if they want to realize long-term political and ideological yields from an expected massive investment in “startup” progressive think tanks.
Long-term political and ideological yields, was what Soros was looking at when giving millions of dollars to bankrupt media and liberal politicians and think-tanks.
At the same time Bill Gates was spending his millions supporting the Democrat Party and individual liberal initiatives throughout the United States. Even as late as this last week, he contributed another $700,000 to defeat Proposition 23 in California.
Warren Buffett was known as an enthusiastic supporter of Obama, even to the point of allowing Obama to brag about having Buffett as his economic adviser.
And these are not alone. The Democrat Party, believed to be “the party of the little people” by its voters, lives on the money of the super-rich in this country. That’s why Democrat politicians have no problem raising tens of millions of dollars for their campaigns: It just happens so that “liberal values” – whatever that thing means – are the values of the billionaires in this country. Or may be – just may be – it so happens that the interests of super-rich are presented as “liberal values.”
This week the hope for “long-term” yields will go down the drain. A decade of “massive” billionaires’ investment came to a crash within one summer. The political yields are gone, and there is no recognizable ideological capital left on the left. Hundreds of millions of dollars down the road the liberal establishment is back to square one. America is conservative again, this time against not only the Democrats but against the Republican establishment as well. And no hope of changing the direction in the near future. Money given to leftist propaganda turned out to be a waste. And Air America went bankrupt earlier this year, followed by several other smaller leftist media organizations.
The fiasco of the billionaires is comparable to the failure of the massive financial support the Russian Bolsheviks received from Germany in 1917 to weaken Russia and make it harmless to Germany. Ten tons of German government gold ($440 million in today’s money) went with Lenin to Saint Petersburg, arranged by his friend Max Warburg (yes, the brother of Paul Warburg, the architect of the Federal Reserve). A year later the German monarchy collapsed; another 25 years later the Red Army was pillaging Germany.
The Billionaires’ Crusade has collapsed, despite all the money poured into it. This is a good time to ask: Why?
Soros, Buffett, and Gates got one thing right: Money talks. Money can change civilizations. It has influence. Wealth sends out signals. It attracts people’s attention. Therefore they decided to spend their money to change our civilization according to their own views. To have influence. To send out signals. To attract people to their causes.
What the billionaires missed is that money talks in a different way. It is not money spent that talks; it is money made that does. It is not wealth given away that sends out signals. It is wealth accumulated that sends out signals. Money spent only wins allegiance for a time; it doesn’t make people identify with it. Wealth accumulated attracts people’s attention for life. It says, “Follow me. Identify with me. Imitate me. Learn to be like me. Learn to achieve like me.” Rich people inspire by their example of hard work, intelligence, independence; not by their spending habits.
The ideal of the Billionaires’ Crusade is the world of socialism, where no one can receive a just compensation for their intellect, commitment, or skills. Everyone will be equalized. Overachievers will be taxed; underachievers will be sponsored. Wealth will be equal to all; healthcare will be equal to all, retirement will be equal to all. No one will be able to score higher than the rest. And the government will be there to make sure no one ever rises above the rest – except politically, of course.
In other words, the vision of the billionaires is a world without them. A world where Bill Gates can not exist because he’ll be taxed to extinction before he even makes his first million, let alone his 50 billions. A world where Buffett loses his money to government nationalizations before he can make profit on the investments. A world where Soros is equalized to everyone else and has no money left to contribute to any causes at all – he’ll be on a salary or government pension, like everyone else. There are no Soroses, Buffetts, and Gateses in any socialist country in the world; everyone is a hired hand there – to the government, of course. The Billionaires’ Crusade is a crusade for their own extinction.
There is one major problem with this vision: The existence of Soros, Buffett, and Gates themselves. Their very existence and success, and the existence and success of their like-minded billionaires and millionaires wars mightily against their own crusade. They didn’t make their wealth in a socialist environment. They didn’t become rich of welfare checks. They didn’t become rich by being members of trade unions. Neither did they become rich because of the generosity of social workers.
There are too many Americans out there who want the same opportunity. May be not to become as rich and influential but to be free and have the opportunity to get what they deserve for their effort and skills. No amount of money can convince those enterprising Americans to give up their dreams to become independently wealthy. They can’t be bribed into dependence. They learn from the positive examples of the rich, and they want to get there one day. If not them, then their children. If the free market created Soros, Buffett and Gates, why not let it create many more like them; why buy into a socialist utopia that produces only dependent slaves? If no social workers or welfare checks were necessary to create the vast fortunes of the billionaires, why do we need social workers or welfare checks to create any fortune, big or small?
All the leftist-minded billionaires with all their money can not bribe these people to give up their right to “pursuit of happiness.” Soros, Buffett and Gates can spend their last dollar on leftist propaganda; the majority of Americans will still learn from their example, and ignore their propaganda.
Of course, there is and always will be part of the population that will gladly take the money of the billionaires to work for their causes – trade union members, welfare recipients, wide-eyed green activists, communist activists, etc. But they constitute another problem for the billionaires, and another liability for the Billionaires’ Crusade:
These people hate the guts of the billionaires even while taking their money. They do not learn from the billionaires; they do not believe rich people can be an example in the first place. The whole ideology on the left is based on the belief that rich people are just “lucky,” “fortunate.” They do not identify with the super-rich; they believe the rich owe them a ride. It is an uneasy alliance, in which Soros, Buffett, and Gates must keep paying their field troops constantly in order to keep them in the battle – because without payment the troops will disperse. Even if Soros, Buffett, and Gates give away all their money and start living like one of those leftist-minded little people that vote Democrat, that won’t create a feeling of identity between them – envy will still be a stronger factor than camaraderie. The whole system of leftist political action is based on the principle of mercenary troops who leave when the cash doesn’t flow anymore. The very culture of leftism is based on mutual envy – because wealth is luck that happens to people, not a deserved reward for hard work and skill.
The crusade of Soros, Buffett and Gates resembles the invasion of Italy by the Carthaginian general Hannibal in 218-203 BC. Using the money of his rich family of merchants and bankers, the Barcas, Hannibal was able to assemble an army of mercenaries and invade Italy. He was a brilliant leader, and he defeated the Romans in almost every engagement during his 15-year stay in Italy. His problem was that the culture of mercenaries never wins long-term against those that defend their own life, liberty, and property. After every lost battle the Romans – who were not paid mercenaries but defended their own lives, liberties, and properties – became even more resolute to resist and overcome. After 15 years of war Hannibal’s own mercenaries grew tired of him and abandoned him – there was nothing in it for them anymore. He had to return to Carthage, where his remaining troops were finally defeated by Scipio. All the wealth of the Barcas couldn’t break the resolution of the Roman farmers and artisans to defend their own, against all odds.
Therefore, the Billionaires’ Crusade is doomed to failure. Money talks not when it is spent but when it is made; influence comes from personal example of work, skill, and commitment, not from spending habits. The very existence and example of Soros, Buffett, abd Gates encourages more people to try to become like them. These ambitious enthusiastic newcomers to the marketplace will resist the Billionaires’ ideal of socialist equalizing, and will never be bribed into accepting it – not in the long-term, anyway. On the other hand, the very spending of money for leftist causes enhances a mercenary culture that is short-term oriented, based on mutual resentment and envy in those who have no purpose for their life except to be fed and cared for by others. Either way, the Billionaires’ Crusade is a huge waste of money, and it is doomed to failure.