FT162: “It’s Good to be King or in the Upper Echelons of the Aristocracy or in the Federal Government.” —Old Pithy

Posted by PITHOCRATES - March 22nd, 2013

Fundamental Truth

King Louis XVI of France enjoyed all the Benefits that came with being King until his Arrest and Execution

In Mel Brooks’ The History of the World Part: I we see a satirical look at a broad swath of history.  It’s funny.  And often crude.  Such as the first art critic.  Who is a caveman reviewing a cave painting.  Everyone waits with bated breath for his critique.  After a long and serious consideration of the work of art the critic picks up the front of his animal skin clothing.  And urinates on the artwork.  To the displeasure of the artist.

Then Brooks looked at Rome and the excesses of Caesar.  Roman Emperor.  Absolute ruler of much of the known world.  Who lived in the lap of luxury.  And enjoyed arbitrary power.  Who could do pretty much whatever he wanted to do.  And did.  In the movie we see his legions bringing him treasures from conquered lands.  Which they poured over him in an alabaster bathtub.  Later, when a stand-up philosopher accidentally called the emperor fat and corrupt he sentenced him to death.  As he did to the wine steward who spilled wine on him.  Brooks made this funny in the movie.  But the best comedy is based in truth.  Suffice it to say you wouldn’t insult Caesar if you knew what was good for you.

Then we see Brooks have fun with King Louis XVI of France.  Who ruled just before the American Revolutionary War.  Until his arrest and subsequent execution in the French Revolution.  The French monarchy was an absolute monarchy.  The king could do whatever he wanted.  During his reign France was going broke thanks to his predecessor’s numerous wars.  And Louis’ support and financing of the American Revolution.  Which he paid for mostly with borrowed funds.  Leaving French finances in a mess.  Some bad harvests led to a famine or two.  So the common people were suffering during his reign.  While Brooks showed Louis enjoying his luxurious life at the Palace at Versailles.  With little regard for his people.  Enjoying all the benefits that come with being king.  As he groped the pretty ladies that caught his eye.  And said into the camera, “It’s good to be king.”

A King needs an Aristocracy so he can trade Privilege for Wealth to Secure his Power

The portrayal of Louis the XVI is not exactly accurate.  Or fair.  For he was a decent man.  Who tried to get his people to love him.  He’s greatest fault was probably being a weak and indecisive king.  Something most tyrants aren’t.  And there wouldn’t have been a United States of America without him.  Something else in Louis’ favor.  But the life of luxury he enjoyed at Versailles wasn’t that far off the mark.  For kings lived like kings.  And if you had the right dad that exceptional life could be yours.  Something a lot of people wanted.  Even killing off some heirs to the throne to put themselves next in the line of succession.  For the words of Mel Brooks ring true.  “It’s good to be king.”

But the interesting thing about kings is that they can’t be king alone.  They need an aristocracy.  Rich people who the king allows to get rich.  As long as they share some of their riches with the king.  In the days of kings that meant landowners.  So those in the king’s court who ran the government were wealthy landowners.  They used their positions of power to secure their wealth.  And they used their power to amass more wealth.  Which they shared with the king.  And because they did the king maintained their privilege.  Which secured his power.  So it was not only good to be king.  But it was good to be in the upper echelons of the aristocracy.  Who lived almost as good as a king.

Meanwhile the poor masses toiled on the land.  Enriching the landowners.  And the king.  Who worked hard and got little in return.  For their life was often “solitary, poor, nasty, brutish, and short.”  As Thomas Hobbes wrote in Leviathan.  For the times of kings was the age of feudalism.  Where the masses were attached to the land.  Bonded to it.  And forbidden to leave it.  They were born on it.  They lived on it.  They worked on it.  And they died on it.  As their children would, too.  With no hope of ever doing something different than your father did.  Because in feudalism there was the king.  The aristocracy.  And everyone else.  Those whose lives were “solitary, poor, nasty, brutish, and short.”

There is no way the President can live like a King without the Privilege he gets with his Position of Power

This is what bothered Thomas Jefferson.  The connection between money and government power.  For it was only when they came together could they oppress the masses.  He wanted to keep the money as far away from those in government as possible.  He didn’t want to see only a few rich landowners.  He opposed the expansion of government.  And when he was president he cut government spending.  Not cuts in the growth rate of future spending.  But actual cuts in spending.  Unlike today.  Where government spending only increases.  Even when they cut it.

The country continues to struggle in the worst recovery since the recovery following the Great Depression.  If you look at the labor force participation rate (LFPR) you’d conclude we’re still in the worst recession since the Great Depression.  Yes, the official unemployment rate has fallen some.  But the LFPR has fallen off a cliff.  The only reason why the unemployment rate has fallen is that they have stopped counting hundreds of thousands of people who can’t find full-time work.  People are hurting.  There are fewer jobs now than when President Obama took office.  People are underwater in their mortgage.  The median income has fallen.  While gasoline and food prices soar.  But the stock market is doing well.  Thanks to the quantitative easing.  As rich investors can borrow large sums of cheap money to invest in the stock market.  Especially those with friends in the federal government.  Who don’t even have to risk their own money to get rich.  No.  Like aristocracies of old, they get large sums of taxpayer funds.  In return they collect and bundle money from campaign donors to give back to their friends in power.  To help keep them in power.  So they can continue to get large sums of taxpayer funds.

Meanwhile President Obama and the First Lady have been living it up.  There was the lavish vacation to Spain for the First Lady and her friends. The Christmas vacations in Hawaii.  The summer vacations on Martha’s Vineyard.  Ski trips to Vail.  Golfing with Tiger Woods.  Zipping back and forth across the U.S for fundraisers in Air Force One.  Often hobnobbing with the Hollywood Elite and music royalty.  The National Review Online reports the Obama White House annual household expenses are $1.4 billion.  For these traveling costs add up.  As the president enjoys the trappings of his high office.  And who wouldn’t want to spend $1.4 billion on their household expenses?  With that kind of money we wouldn’t be spending summer vacation in our backyards anymore.  But we don’t get to live like a king.  No.  Our lives are more “solitary, poor, nasty, brutish, and short” these days.  As jobs continue to disappear from the economy.  And median income falls.  So why does the president continue to live like a king when so many of the people are suffering?  Because it’s good to be king.  It’s good to be in the upper echelons of the aristocracy.  And especially good to be in the federal government.  For there is no way the president can live like a king without the privilege he gets with his position of power.

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