I read the entire thing and I had no idea. I've a habit of leading people on to see how absurd of a thing I can get them to agree to. Like go to "conservative" club meetings (in college) and see how many people you can convince that Arabs shouldn't be considered human. Or why people that can't afford health care obviously don't deserve it, or how they ought to be forbidden to reproduce, etc.

It's scary.

The key piece of evidence that it's satire:

"Michael Lewis in Berkeley, California"

They would crucify him there if he really meant what he wrote;-)

I didn't find it particularly entertaining, though.