Posted on 05/09/2009 5:25:59 PM PDT by Steelfish
Barack Obama's rich supporters fear his tax plans show he's a class warrior
Some of Barack Obama's richest supporters fear they have elected a "class warrior" to the White House, who will turn America's freewheeling capitalism into a more regulated European system.
By Leonard Doyle in Washington 09 May 2009
Barack Obama: some of his rich supporters fear he is becoming a class warrior
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."
Chris Edwards of the Cato Institute, a free enterprise think tank, said Democrats in Congress were unnerved by the president's latest plan to raise $210 billion over 10 years from multinational corporations.
The money is needed to pay for a national debt that will double over the next five years; and triple over the next 10 years to $17.3 trillion. But the crackdown already faces fierce Democratic resistance.
"These big companies are based in New York Boston, Seattle and Silicon Valley, where Democrats dominate," Mr Edwards said. "Obama's tax plan is already cleaving him from his big corporate supporters," he said.
(Excerpt) Read more at telegraph.co.uk ...
Morons ... All I can say is that they got the leader they deserve. Unfortunately the rest of us have to suffer as well.
Shows that not all rich people are smart.
Who was it tried to tell them this BEFORE the election?
But it was SO COOL to elect a black man... (especially a liberal one! Clarence Thomas is SUCH an Uncle Tom, you know)
Rich Dems who don’t want their taxes raised. On contrary to the liberal mentality that everyone’s taxes should be raised.
Reap what you sow Facebook, Google, Microsoft, Apple etc...
The smart fellas should have listened to that dummy Hannity.
Well, Mr. O will soon find out that a messiah with no followers is not worth much.
Well, any reason, even a purely materialistic reason, for opposing Bambi is a good reason.
I can’t imagine how these people didn’t realize what was going to happen, but in their defense, I will say that most of them are very media driven and were just hearing what the media told them and what they wanted to hear (because they hated Bush, thanks to the media). A neighbor who I am sure was an Obama voter was just asking me if I think Obama is going to seize his income (he is in the medical field, and probably earns around $100,000 per year). He’s very worried that he will be taxed into oblivion.
I didn’t say I told you so, but it was on the tip of my tongue...
What? You mean that you did not think he meant every word he said during the campaign?
Idiot.
Is there a way to pluck enough followers from the messiah?
Well, duh. What were these people? Stupid? Obama never hid his committment to socialism.
That’s OK. Obama doesn’t need their donations now, he can just get the Treasury to print him the money.
And there’s always King Abdullah, of course.
The Titanic is "becoming" sunken.
More regulated? LOL
Do the words Seig Heil ring a bell?
or maybe it was Thank You Satan 1:50
They both sound, and function very similarly.
You see, the Assumption by many is that the Inexperienced BHO can actuaaly plan and execute this destruction of the Capitalist system and the Constitution.
The President is Incompetent and is NO MATCH for the Constitution or the REAL AMERICANS ..... He has no experience and 49 States will NOT tolerate what Illinois ...sorry, Chicago tolerated for very long.
Hey BHO.....BACKING DOWN on GITMO are you ? Get used to it....you are gonna back down a lot more in the future.
That’s all it was -
“I’m voting for the cool black guy so I can be part of history!”
Some of Barack Obama’s richest supporters fear they have elected a “class warrior” to the White House, who will turn America’s freewheeling capitalism into a more regulated European system.
Or, they just won’t pay them, as we’ve seen with most of the ‘rats that 0bama has in his cabinet.
Most of them ignored what he said, and just concentrated on how he said it.
They also believed he would “govern as a moderate”.
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