Legendary Silicon Valley venture capitalist Tom Perkins appeared on Bloomberg TV this evening to apologize for writing a letter to The Wall Street Journal comparing progressives to the Nazis and America's richest 1 percent to persecuted German Jews. In the process, he may have delivered the greatest brag about a watch that the Hip Hop world somehow never thought of.
Perkins said he particularly regretted his letter's comparison of Occupiers and progressives to Kristallnacht, the 1938 wave of riots in which Germans destroyed Jewish shops and 30,000 Jews were carted off to concentration camps. He explained that he had been reminded of the historic pogroms during the recent protests over the wealth inequality in San Francisco, in which protesters broke the windows of a Wells Fargo Bank and luxury car dealerships.
“I saw that and remembered that the police stood by frozen," he said. "And thought, well, this is how Kristallnacht began. So that word was in my mind."
Perkins says he is certainly not sorry, however, about he letter's overall message that the rich are being unfairly attacked and are "threatened as a class" by higher taxes. “To demonize the job creators, to demonize the rich who spend and buy things is crazy," he said.
