It must have been funny amid the glamour, gluttony, greed, glitterati and glorification of global elites in Davos at the World Economic Forum — an annual, forgettable moment in which the world's wealthiest elites meet to honor themselves — to observe the faces of the top 1 percent of the 1 percent as a representative of Pope Francis read his denunciation of the self-indulgence and self-adoration the forum represents.
Credit Michael Hiltzik of the Los Angeles Times for his column describing Francis's statement, and credit (of all people) Matt Drudge for promoting the Hiltzik column.
The big story on Wall Street today is the new bonus given to Davos regular and J.P. Morgan chief Jamie Dimon, known in some circles as the leader of the bank that was Bernie Madoff's banker (literally), the guy who failed risk assessment of the J.P. Morgan whale in London (which must be why Dimon holds the titles of Chairman and CEO), and the fellow who copped some pleas with the feds (surely qualification for a hefty bonus).
If Francis were serving on the board of directors of J.P. Morgan, do you think he would have voted for the new bonus for Dimon, who is to Davos what Bruce Springsteen is to rock fans?
Yes, it must have been funny to watch the expressions on the faces of the economic summit elites as the pope's words were read castigating those who deify free markets and practice trickle-down economics and stand at the altar of the cult of money!
Some of the audience probably thought: what a bummer! Others no doubt thought they agreed with the pope because he was talking about everyone else at Davos.
Say what you want about Drudge, but at least he paid attention to the pope, for which I give him credit, and gave the pope one more megaphone.
I was not invited to Davos (again), and I did not crash the party (though I enjoy eating lobster and skiing on the slopes), and I haven't received any Wall Street bonuses recently, but reading the pope's words to Davos and thinking about the reaction of this gilded audience was better than watching a touchdown pass at the Super Bowl.