CEO Class Rising, Everything Else Lagging

It is no coincidence that Switzerland, the most democratic country, was the first to ask We The People, in a referendum, what they think about the feudal class that is taking over, armed with neofascist ideology.

The answer, delivered March 3, 2013, is that 68% of the Swiss believes that the conspiracy of thieves that has come to dominate civilization, should be forcefully terminated.

Superficially, Switzerland is doing better than ever. GDP expanded in 2012. GDP per capita is nearly twice that of the USA (at nominal rates, not cheating PPP). But these good numbers and nice surroundings mask the fact that the wealthy have been doing incredibly better, while the plebs has lost ground. Most Swiss cannot afford to own there, to start with. Two-thirds of them rent (whereas 55% of French next door own their homes 100%). That way they are like the inhabitants of most “rich” cities of the West in that they can’t afford to live where they work.

An increasing inflow of tax avoiding and tax mitigating plutocrats makes the Swiss increasingly conscious of a feudalization of the country. For instance, most of the world oil trading is conducted out of Geneva, now that London is proving less tax friendly to the world’s richest sharks. That makes Swiss property values skyrocket, and also make average Swiss, like average Belgians, hold the tax bag.

Yet Switzerland is less subjugated by its elite than other “representative democracies”.

This has to do with history. Other places were typically founded by large imperial machines (France, Britain, Germany, USA, Ex British colonies, Portugal, Spain, Spanish colonies, Italy, Russia, Netherlands), and, or slave societies (Spanish colonies, Brazil, USA, Russia). Some countries may look small now, but degenerated from empires. The Netherlands even conquered England; Denmark, Portugal, and Sweden ran empires (Sweden thought it owned Ukraine and Russia for a millennium). The present Swedish regime was founded by Napoleon, etc.

Instead Switzerland started as a rebellion against the family that would run the “Holly Roman German Empire” for centuries. The birth of Switzerland was fundamentally an anti-plutocratic rebellion. Same in the USA, sure, but only that other revolution minded plutocrat, Louis XVI of France, made in possible (in more ways than one). The Swiss revolt was indigenous.

Any initiative signed by 100,000 people can be presented as a referendum in Switzerland.


Initiator of the “Rip-off Initiative” Thomas Minder is an entrepreneur industrialist, and right wing politician, who nearly lost his company when Swissair went bankrupt (from obscure financial maneuvers). In recent years, Mr. Minder observed that the world was put on its knees in the service of financiers. This is exactly the point demonstrators were making in Portugal this week.

As Portuguese demonstrators said, why should they sacrifice because infinitely rich bankers cheated? Or went mad? Or conspired with other rich fat cats to rob common people? Why is it that Portuguese people without money now have to pay to use the public hospital, when those who have caused the disaster keep on flying in private jets, shuttling among their mansions, worldwide?

As I said already more than 5 years ago, there is a CEO class. CEOs sit on each others’ board, and attribute each others’ salaries. OK, they are often more crafty, and use agents: relatives, or protégés. It is particularly clear in the USA, where it’s all about who you know really well: see the Summers-Clinton-Summer-Google-Facebook Ms. Sandberg (just a small example).

And it’s even more than a CEO class.


The CEO Class can be instrumentalized to divest power to talent that will serve plutocracy well.

A lot of people of power are able to transfer quickly and efficiently power to their children, or people they know will serve their children faithfully. It’s happening everywhere, especially in the USA.

Suddenly all powerful young people rise in the USA to seats on corporate boards: thus they are made to integrate the CEO Class, board side. Careful inquests always show connections with the powers that be. See Geithner, head of New York Fed, then tax cheating Treasury secretary, ah, but the son of Geithner (Geithner’s father was a Ford Foundation director who met with Obama’s mother. All and any connection with the painting behind Hitler in his Munich office will not be made, recommended an angel that passed by, dripping with finance.). Geithner was successfully vetted at Kissinger Associates, a plotting organization to connect plutocrats, corrupt politicians and other worldwide tyrants. He was put under the wings of Rubin and Summers (like Facebook’s billionaire woman, the genius feminist Sheryl Sandberg). Geithner was prepared to serve his masters well.

The CEO-boards Class systems enable the plutocratic machine to put large amounts of power to servile critters. This  is how ‘black’ women of the Rice class, such as Rice, Susan and Rice, Condoleezza, were all powerful by the age of 30 (the former a member of the National Security council, thanks to dad, a treasury director, the second on prestigious CEO boards all over, and a supertanker was named after her, because her masters at Stanford had determined she would serve her masters in the Dark Side well. still does: she is a towering member of the CEO class in 2013). Not that I have anything against blacks or “blacks”.

“Are they worth it?” Asked The Economist. While knowing very well the answer was no. One thing the extravagant growth of the CEO Class did not grow is corporate profits:


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