May 24, 2018
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12:02Now PlayingIn this Majority Report clip, Ken Langone is as stupid as he is rich.
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"Ken Langone, the multibillionaire founder* of Home Depot, is back in the news for writing a book gracefully titled I Love Capitalism. Even Peggy Noonan likes it! But it would be interesting to know how well Home Depot’s hundreds of thousands of employees feel Langone’s brand of capitalism is serving their needs.
Langone himself is almost beyond parody—he seems completely guileless and sincere in his childlike belief that because he rose from humble beginnings to work on Wall Street and become a billionaire corporate titan, anyone can, and therefore Bernie Sanders is “the antichrist.” If I were as rich as Ken Langone I would love capitalism too! A longtime Republican donor who has defended Donald Trump and compared Democrats concerned about inequality to Hitler, Langone famously granted his friend Dick Grasso $140 million when he left his job as head of the New York Stock Exchange and defended that decision with the sort of righteous fury usually reserved for fighting against, I dunno... Hitler.
I love capitalism!"*
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