01.31.14

The Plutocrat’s Publicity Tour

Posted in Culture of Lickspittle at 2:55 pm by George Smith

A week or so ago:

The idea, in landing on the pages of the nation’s marquee newspaper, is to get great publicity for something, further invitations and opportunities for the perspicacity of your thinking and doing, a book contract…

Sam Polk’s NYT column is entitled “For the Love of Money,” and if that’s not a gift-wrapped invitation to the publishing industry I don’t know what is.

From the Today show, today:

And four years after walking out [with a $3.6 million bonus the last year on Wall Street, Sam Polk’s] thrill of making money has been replaced by the excitement of helping others …

[Polk said] if his essay becomes a published book, he will give 25 percent of the profits to his new philanthropy.

“I’m all in favor of people having success and living out the American Dream,” Polk says. “I just think that, for me, somewhere along the way I forgot that the American Dream had to do with balance.”

No link.

It is far easier to give book contracts to people in the New York Times and on network tv than hunt for decent writers. For example, major publicity already has a big boost. One can count on at least a few mentions in the same major venues once that book is published.

Plus, there’s the added benefit of not having to to read through the pitches and manuscripts from people you’ve never heard of.

In 2012 Greg Smith was given a second pile after his career as a somewhat rueful and reluctant blood-sucking squid at Goldman Sachs, a $1.5 million dollar advance, after his essay, “Why I Left Goldman Sachs,” was published in the Times.

The resulting book sold somewhere between 19 and 20,000 copies, hardly anyone’s idea of a return on investment.

Another recent entry to the club is J. T. Stone, the alias of a Wall Street employee who runs a “popular” Twitter feed on mordant humor said to have been heard in the elevator of Goldman Sachs.

Touchstone has acquired Stone’s “Straight to Hell,” allegedly another tell-all on the said-to-be howlingly funny crummy behavior of Wall Street’s top swine. Stone believes it will be a best-seller.

One of the problems facing such books is that, outside of Wall Street and the high-button servants/mavens of the Culture of Lickspittle in Manhattan and other financial pleasure domes, most Americans don’t know who they are.

I played “Let’s Lynch Lloyd Blankfein” a few times in front of audiences, 99 percent of which I was sure, could read. Nobody ever knew who Lloyd Blankfein was.

(By the way, if you’re in Pasadena on Saturday afternoons, we’ll play it for you, just off Colorado. Just drop me a note.)


What do you think should be the title of a book I might write? And what would it be on?

4 Comments

  1. Anon said,

    January 31, 2014 at 6:21 pm

    At first I wanted to suggest using “Destiny” or “Destiny’s Father” or “Destiny’s Brother” in the title, but you’d probably get sued into oblivion by Beyonce’ or someone…

    “Destiny’s Motorcycle,” perhaps?

    Are you looking to write fiction, nonfiction, or fictionalized reality to protect yourself?

  2. Bill said,

    January 31, 2014 at 6:40 pm

    “What do you think should be the title of a book I might write? And what would it be on?”

    Stop $tealing my future.

    Thieves/Self-Entitled Sociopaths/Entertaining Nutjobs

    And speaking of entertaining nutjobs, is Polk tied with the Nuge now, or is Teddy still in front?

  3. George Smith said,

    January 31, 2014 at 8:27 pm

    Nuge way out in front by orders of magnitude. The Nuge is a hateful bigot on a daily basis; as one of our public knee-jerk fascist/racists nobody beats him except for a few on right wing talk radio.

    Polk is just a beneficiary of the yen for the tales from the plutocracy on those who’ve confessed and seek redemption by way of books deals or other things having to do with the alleged value of their honest thinking.

  4. George Smith said,

    January 31, 2014 at 8:37 pm

    Nope, Anon, I already -for practical purposes- own Dick Destiny by weight of Google for well over 15 years, so the pop music overlap from Beyonce/Destiny’s Child is minimal.

    This blog doesn’t get much Google search traffic from mixed up Beyonce fans. And my positioning isn’t a threat to their mega-business, even if they had an issue, which they don’t.

    I once years ago entertained the idea from Zappa, The Chrome Plated Megaphone of Destiny, from We’re Only In It for the Money. But Destiny’s Motorcycle is definitely in the same vein and better by dint of compactness and syntactic muscle.