Friday, August 10, 2018

Rich and thick (Part 2)

When I search back over some of my past posts on Peter Thiel, I see that my opinion of him has steadily grown worse.  

Now, Jason Soon has linked to a "fascinating" interview with him from German publication (the date is not clear.)   I'll say it's fascinating - for once again showing that being rich involves no necessary alignment with wisdom and good judgement.   It provides plenty of ammunition for further downgrading my  opinion of him.  Take this:
My support for Donald Trump was, on some level, the least contrarian thing I have ever done. If it is half the country, it cannot be that contrarian. And yet, in the Silicon Valley context it has felt extraordinarily contrarian.
What it is contrary to is good common sense.   But look, he seems to have been caught up in the whole "we're on a path to national dis-ast-er!" utter bullshit wingnut assessment of the state of the US under Obama:
At some point, you described that the last presidential election felt like an apocalyptic battle. What exactly did you feel was at stake?
There are these essays by a person called Michael Anton. They are all written pseudonymously because he felt it was too dangerous to write names. One of them was titled “The Flight 93 Election”. Flight 93 was one of the four flights that was hijacked after 9/11 but it was the one where the passengers took over, they charged the cockpit – plane still crashed. And it was like that it felt that the country had been taken over and it was on a catastrophic trajectory, that people were going to try to charge the cockpit. It didn’t mean that they would be able to ride the plane or the ship or whatever the metaphor is, but “we’re gonna try”. So I do think that “The Flight 93 Election” is a powerful metaphor and, emotionally, that certainly resonated with me.
Well, that's nice.  Sees himself as one of the plucky, concerned public who felt compelled to seize control of a government of malevolent forces determined to take everyone down with them?   (And failed anyway.)   Look, this is genuinely moronic fantasy land stuff. 

He expands upon it further (my bold):
What is the explanatory power of this metaphor?
It is this very deep sense that the United States – the western world as a whole – are not progressing in the direction they should. We have a center-left establishment in both Western Europe and the US that mainly glosses over all the short- and long-term problems in our societies. And if something is not done, at some point it becomes too late to fix things. And the hour was very late.
 This is freaking ludicrous in light of Trump and the Wingnut Right absolutely denying the more world threatening and disruptive global issue of the 21st century - climate change!

I have noted in an earlier post that Thiel seems not overly perturbed about it as an issue (he said he didn't think he was an extreme skeptic, but left open the extend of his skepticism) - even though he apparently is spending some of his fortune on some clean energy research.  He may have grounds for arguing that the Left gives the issue more lip service than effective policy - but you cannot in any way conceive that the Trump led wingnut Right is addressing the issue at all.   They are denying it against science and the evidence in front of their noses.

As for what he thinks is good about Trump:
You were on Donald Trump’s transition team. In which respect is he different than everybody else you’ve met before?
I think it is his extraordinary ability to understand people.
Oh please.   Trump's narcissism means he "understands" and praises everyone who praises him.  Otherwise, it's all ridiculing former POWs for not being brave, mocking a journalist with a disability, making up childish nicknames for opponents, and vilifying immigrants.   And Thiel is in Trump's good books for being a rich tech person who doesn't find him creepy and dumb.    Of course Thiel will think he'd great at "understanding people".

As for his views on tariffs and Trump, I'm not sure that this bit really makes sense:
Another issue that is debated very controversially is Trump’s trade policy. People are shocked by his imposition of tariffs.
At the center of this is the question with China. The US exports something like 100 bn a year to China, we import 475 bn. What’s extraordinary, is that if we had a globalizing world, we would actually expect the reverse to hold: you would expect the US to have trade surpluses with China and current account surpluses because we would expect that there is a higher return in China because it is a faster growing country than the US. This is what it looked, let’s say, in 1900, when Great Britain had a trade surplus of 2 percent and a current account surplus of 4 percent of GDP. And the extra capital was invested in Argentinean railroads or Russian bonds.
He then goes to make other great observations, such as:
If you didn’t have a welfare state and someone wants to stay at home and play video games all day, maybe we should not make judgements about that. But if you have a big welfare state and people do that, maybe you have to do something to correct that. We live in a world where there is too much welfare and where work is undervalued. 
 Gotta treat people mean to keep them keen, hey billionaire Pete?   This is just a tabloid wingnut vision of welfare. 

I see that he's spoken about Asperger's not being a bad thing in business, but has he said he thinks he's on the scale himself?   Because I seriously doubt his emotional (and rational) judgement.

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