Wednesday, July 31, 2013

Living It Up In A Capitalist's Mansion: Obama loves the life of the "One Percenters"

It’s good to be the king … of class warfare hypocrisy. While he lectures his political opponents about their neglect of middle-class America, President Obama is headed to Martha’s Vineyard. Again. Because nothing spells populist like a $7.6 million, 9.5-acre estate owned by one of Chicago’s wealthiest corporate financiers....

Homeowner Schulte deserves special attention. If this deep-pocketed donor and private-equity whiz were a Republican, the Occupy hordes and left-wing super-PACs would have made him a household name by now. The SEIU already would have picketed his private residence. Cher, Bette Midler and Chris Rock would be tweeting furiously about this privileged white robber baron in all caps.
Schulte, you see, earned his money in much the same way the demonized Mitt Romney did: through corporate restructuring and rescuing debt-burdened companies.....
Like Schulte, Romney’s Bain record includes many successful turnarounds that saved workers’ jobs, pensions and health benefits — including Staples and Sports Authority. When Democrats do it, it’s creative capitalism. But when Republicans do it, it’s a criminal enterprise.
The double standards are rich. But Obama’s coffers are richer. Democratic demagoguery means never having to say you’re sorry for throwing stones at glass houses, while vacationing in the compounds that “vulture capitalism” built.
~Michelle Malkin, emphasis, original

No comments: