Hey, thanks for mentioning that. Most of the news accounts & even the critical commentary I've been reading leave the location of his very deliberate 'gaffe' out, but it's important to put what he said in context because it makes this phony con-artist's hypocrisy even more egregious.
As you said, he was behind closed doors talking to a crowd of über-rich donors at Ann & Gordon Getty's lavish mansion in Pacific Heights (bought with blood money by evil oil barons, no less!) when he cast his slurs upon all of middle america.
On any other day, Obama would have been perfectly correct to smugly assume most of the left coast glitterati assembled on San Francisco's Billionaire's Row that day would wink approvingly at his brazenly arrogant elitism.
Clearly he didn't anticipate that one of the liberals present, Mayhill Fowler, evidently suffers from uncharacteristic intellectual honesty & would later have serious misgivings about his petty two-faced bigotry & post her recording of the event online.
In other words, Obama was snarking on the very working class voters whose alleged misery he claims only he can alleviate while he was hobnobbing with all his wealthy industrialist buddies & their trust-fund scions - which pretty well puts paid to the media-generated myth that his is a grassroots candidacy financed by Ma & Pa America & torpedoes the hoary DNC mantra that it's the republicans who are the party of the rich.
We all know the truth is that the upper eschelon of the wealthy power establishment elite have been forking over serious coin to put this guy in their hip pockets & now we know that he's obviously only too happy to pander to their prejudices about the lower classes to keep all those high-rollers' ducats rolling in.
Yet what seems to have been lost in all the umbrage his comment's been generating is that, just as he got caught confessing to the Canadians last month that his anti-NAFTA schitck in Ohio was all a ruse to appease the rubes, here he's essentially assuring the bigwigs in California he's not really a rabid anti-free trader, he just plays one on TV because that's what the gun-totin' bible-thumpin' racist yahoos in flyover country want to hear! And in all the commotion, that confession is being overlooked, IMO.
Oh yeah, Obama's all about change, alright, lot's of it, in fact. He just neglected to mention the teeny-weeny little detail that it's all heading straight into his lying little pockets!