Newsflash: Having A Problem With The 1 Percenters Makes You A Nazi

Venture capitalist Tom Perkins compared liberals' push to reduce inequality in the United States to Nazi Germany's war on Jews.

In a letter to the editor published in The Wall Street Journal Perkins, a founding member of Kleiner Perkins Caufield & Byers, asks whether a "progressive Kristallnacht" is coming. Perkins's letter is in response to an editorial on speech codes at American colleges.

"Writing from the epicenter of progressive thought, San Francisco, I would call attention to the parallels of fascist Nazi Germany to its war on its "one percent," namely its Jews, to the progressive war on the American one percent, namely the "rich," Perkins wrote in the letter to the editor.

He continued that he perceives "a rising tide of hatred of the successful one percent. There is outraged public reaction to the Google buses carrying technology workers from the city to the peninsula high-tech companies which employ them."

Perkins cites outrage over real-estate prices as an example of overblown liberal outrage.

"This is a very dangerous drift in our American thinking. Kristallnacht was unthinkable in 1930; is its descendent "progressive" radicalism unthinkable now?" Perkins concluded in the letter.

Perkins is listed as a partner emeritus on the Kleiner Perkins Caulfield & Byers website.

Here's the full letter to the editor:

Regarding your editorial "Censors on Campus" (Jan. 18): Writing from the epicenter of progressive thought, San Francisco, I would call attention to the parallels of fascist Nazi Germany to its war on its "one percent," namely its Jews, to the progressive war on the American one percent, namely the "rich."

From the Occupy movement to the demonization of the rich embedded in virtually every word of our local newspaper, the San Francisco Chronicle, I perceive a rising tide of hatred of the successful one percent. There is outraged public reaction to the Google buses carrying technology workers from the city to the peninsula high-tech companies which employ them. We have outrage over the rising real-estate prices which these "techno geeks" can pay. We have, for example, libelous and cruel attacks in the Chronicle on our number-one celebrity, the author Danielle Steel, alleging that she is a "snob" despite the millions she has spent on our city's homeless and mentally ill over the past decades.

This is a very dangerous drift in our American thinking. Kristallnacht was unthinkable in 1930; is its descendent "progressive" radicalism unthinkable now?

Tom Perkins

San Francisco

Mr. Perkins is a founder of Kleiner Perkins Caufield & Byers.

Yes, proposals to tax the richest one percent at a rate closer to what they were paying under Ronald Reagan or to charge giant tech companies a small fee for using city bus stops for their private shuttles…. that's JUST like the Nazis. Except they're not. Really, not even close.

The biggest historical difference of course, is that the Jews in pre-war Germany — even the most wealthy ones — did not have any political power whatsoever which would ensure that their riches were safe, or grew exponentially.  Can that be said of the 1 percenters?  I think not.

Nice try at victimhood though.  I'm sure we won't see the last of it.

What do you think?