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Opening Arguments

The stupid rich

Some supporters of Barack Obama are shocked and amazed -- shocked! I tell you -- that the man is exactly who he said he was:

Wealthy Wall Street financiers and other business figures provided crucial support for Mr Obama during the election, backing him over the Republican candidate John McCain as the right leader to rescue the collapsing US economy.

But it is now dawning on many among them that Mr Obama was serious about his campaign trail promises to bring root and branch reform to corporate America - and that they were more than just election rhetoric.

A top Obama fundraiser and hedge fund manager said: "I'm appalled at the anti-Wall Street rhetoric. It was OK on the campaign but now it's the real world. I'm surprised that Obama is turning out to be so left-wing. He's a real class warrior."

So, many of the evil rich turn out to be the stupid rich. This would be a better "nyah, nyah, nyah, told you so" moment except for the fact that those stupid voters stuck us all with this redistributive class warfare for at least the next four years. If you think the politics of greed was ugly, wait till the politics of envy hits full stride.


Michael B-P
Tue, 05/12/2009 - 8:46am

Adopting the meme of "power vs. envy" invites the exploitation of prejudice from either side.