Who says Wall Streeters aren't filled with a desire to please? Two big-name Democratic financiers, Roger Altman and Steven Rattner, may not be ready to defend the president's deceitful Bain ads. But they promptly took to the airwaves to defend the president's defense of the ads, after President Obama himself issued a few syllables they could cling to, saying the ads merely questioned whether profit maximization is an appropriate governing principle.
Which of course has nothing to do with anything. It certainly has nothing to do with the Bain ads. The ads aren't meant to engage viewers in a discussion of the limits of the profit motive. The ads are about pure ressentiment.
The word is French and was once adopted by philosophers as diverse as Kierkegaard, Nietzsche and Weber. It describes a kind of moral scapegoating of others to explain our disappointments and dissatisfactions.
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