The San Jose Bubble

Politicians talk to the media. --> Media publish what the politicians say. --> Politicians believe the media. --> Media feel really smart because the politicians believe what they publish.

Lather. Rinse. Repeat.

Tuesday, September 18, 2012

Rush Analyzes Silicon Valley CEO's

"I would love to know why certain people who I think (by virtue of the rest of their lives) are demonstrably intelligent... These people are self-starters, and they are entrepreneurs. They're very successful. I asked myself, "How can they intellectually not just support Obama, but fund-raise and bundle for him?" A lot of high-tech people in Silicon Valley come to mind when I think of this.

There are answers to this.

Let me give you an example. Let's take, for now, a nameless CEO, although I have a person in mind. This person I'm gonna describe exists. Let's take this CEO of major, major Silicon Valley Internet company. This CEO is a huge Obama bundler. Huge! I mean, he throws fundraisers at the family abode, raises money, donates money, bundles money. He is totally devoted to Obama. It can't be because of Obama policy. It simply can't be!

 Obama's policies are diametrically opposed to every economic philosophy implemented by this person. It simply cannot be policy, this partisan divide. When I saw this religion breakdown -- 22% more people who don't go to church vote for Obama; 24% more of people who do vote for Romney; and the people that go once a week, now and then, it's evenly split -- that's cultural. There is no question. Now, what makes cultural? What comes under that umbrella? Well, it's any number of things, including religion.

 But it's also pop culture. It's movies, television shows; what's cool, what's hip, who's smart, who isn't smart. Branding. All those things are what come to the fore. So I've been asking myself: What would make otherwise smart people support somebody who's got policies that will harm their company? Why would they do this? Why would they raise money for this person? Why would they donate money?

 Again, take this mythical CEO. And for this example, this CEO does not have a knowingly traceable crony relationship with Obama.

 He's simply a political fundraiser. He simply has an emotional attachment -- as opposed to, say, somebody like the Solyndra guys, who, frankly, wouldn'ta cared whatever Obama was gonna do because he was giving them money. He was funding their business, so policy didn't matter. For this mythical CEO I'm talking about, that's not the case. In fact, this mythical CEO knows that Obama's policies are harmful. Yet something is stopping her from voting for people that will actually give her more customers with more disposable income which will grow her business.

 So what is it, if it isn't policy

 Sigmund Freud used to think that sex was the ultimate motivating power in people's lives. ... But it turns out that as Sigmund Freud got older (and as do most people who get older, he got wiser), he realized that it was not sex that was the ultimate motivating power in people's lives but rather it was the drive to be respected by their peers.

 And even further, a desire to be respected by the elites who decide who is respectable or not. ...

We're trying to win an election, and if policy is not how you go get people, then how do you do it? That's a huge question. Now, it could well be there's also this factor: This mythical CEO assumes that by being such a vocal public supporter of Obama, the CEO is gonna end up being in the elite circle of who decides who's hip and who's not and who's respected and who's not, or respectable or not.

The older I get, the more I learn that the people are totally ... governed by what people think of them. It's the desire to be respected by their peers. Well if you are in Silicon Valley, you are not gonna be respected if you're a Republican. It just ain't gonna happen. You're not gonna be respected if you're a conservative. It isn't gonna happen, and policy won't matter.

 So Romney's gonna continue to be -- no matter what he is -- stiff, rich, heartless, the whole cliche. But it boils down to the fact, I think, that Freud ended up being right. What people want is to be respected by their peers. And as they get older and as they move up their own ladders of success, that being respected by others then changes. It becomes being respected by the elites. The elites they want to be. The elites they want to be part of. The elites."


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