The billionaires' crybaby club

Billionaires’ crybaby club: Someone get these whiners a bottle!

An epidemic of self-pity among the wealthy raises questions about the mental health of the top of the top 1 percent

By Joan WalshDoes being super-wealthy make you extra susceptible to self-pity today? That’s the only conclusion we can draw from an epidemic of self-pitying American billionaires decrying their persecution by “despots,” and the “Kristallnacht” of rising concern about income inequality, over just the last few months.

Charles Koch is the latest to fall victim to what funnier folks than me have labeled the WATB syndrome, with a whiny op-ed in the Wall Street Journal. “Collectivists” in government, Koch writes – “those who stand for government control of the means of production and how people live their lives,” i.e. Democrats — “strive to discredit and intimidate opponents.” It gets worse: “They engage in character assassination. (I should know, as the almost daily target of their attacks.)”

I’m worried about Charles Koch. For one thing, with all his billions, he couldn’t find a better ghost writer? His silly op-ed, with its alarmist Marxist clichés and fusty Schopenhauer references, would have been dismissed as an April Fool’s joke if published just one day sooner. It came the same day as the Supreme Court’s McCutcheon decision, which only increased its ridiculousness.

But Koch’s self-pity and persecution complex is downright unhealthy. He clearly suffers from the same malady as Tom Perkins, who delusionally compared rising political concern about income inequality to “Kristallnacht” for the rich. Newspaper-destroying real estate mogul Sam Zell, who cosigned Perkins, is also a victim, complaining the super-rich “are getting pummeled because it’s politically convenient to do so,” when in fact “the 1 percent work harder.”

Self-pity sufferer Ken Langone of Home Depot even warned Pope Francis that Catholic billionaires might stop contributing to the church because of the pope saying the “exclusionary” culture of the rich made some of them “incapable of feeling compassion for the poor.” Langone had earlier joined self-pitying mogul Leon Cooperman to admonish President Obama for “new lows in polarizing rhetoric…aimed at successful people in the business sector.”

Maybe we need a public health campaign to warn billionaires about the dangers of self-pity: stress, anxiety, depression, isolation and illness. The authors of “47 Steps to Stress Management” say that “the effect of self-pity on the body is similar to chronic anxiety.” A widely quoted 2003 study of self-pity in the Journal of Personality found:Paul Krugman slams the ‘parade of billionaires whining’ because people are criticizing them

Comment:  Many people have criticized the billionaire crybabies for whining about Nazism and evil when we try to raise tax rates to their historic levels. These postings are just the tip of the iceberg.

For more on the subject, see Rich People Are Sociopaths and Conservative Christian Persecution Fantasies.

Below:  Tom Perkins.