{"id":5981,"date":"2014-07-01T06:32:05","date_gmt":"2014-07-01T12:32:05","guid":{"rendered":"http:\/\/www.zmetro.com\/?p=5981"},"modified":"2014-07-01T06:32:05","modified_gmt":"2014-07-01T12:32:05","slug":"moaning-moguls","status":"publish","type":"post","link":"http:\/\/www.zmetro.com\/?p=5981","title":{"rendered":"Moaning Moguls"},"content":{"rendered":"<p><a target=\"_blank\" href=\"http:\/\/m.newyorker.com\/talk\/financial\/2014\/07\/07\/140707ta_talk_surowiecki\">James Surowiecki<\/a>:<\/p>\n<blockquote><p>The past few years have been very good to Stephen Schwarzman, the chairman and C.E.O. of the Blackstone Group, the giant private-equity firm. His industry, which relies on borrowed money, has benefitted from low interest rates, and the stock-market boom has given his firm great opportunities to cash out investments. Schwarzman is now worth more than ten billion dollars. You wouldn\u2019t think he\u2019d have much to complain about. But, to hear him tell it, he\u2019s beset by a meddlesome, tax-happy government and a whiny, envious populace. He recently grumbled that the U.S. middle class has taken to \u201cblaming wealthy people\u201d for its problems. Previously, he has said that it might be good to raise income taxes on the poor so they had \u201cskin in the game,\u201d and that proposals to repeal the carried-interest tax loophole\u2014from which he personally benefits\u2014were akin to the German invasion of Poland.<\/p><\/blockquote>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>James Surowiecki: The past few years have been very good to Stephen Schwarzman, the chairman and C.E.O. of the Blackstone Group, the giant private-equity firm. His industry, which relies on borrowed money, has benefitted from low interest rates, and the stock-market boom has given his firm great opportunities to cash out investments. Schwarzman is now [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/5981"}],"collection":[{"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5981"}],"version-history":[{"count":1,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/5981\/revisions"}],"predecessor-version":[{"id":5982,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/5981\/revisions\/5982"}],"wp:attachment":[{"href":"http:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5981"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}