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Schwarzman likens Bam to Hitler over taxes
NY Post ^ | August 17, 2010 | MARK DeCAMBRE

Posted on 08/17/2010 3:09:02 AM PDT by Scanian

Steve Schwarzman, billionaire head of buyout giant The Blackstone Group, shocki , shockingly likened President Obama's threat to impose higher taxes on private equity firms to Adolf Hitler's invasion of Poland.

"It's a war," declared Schwarzman, speaking at a private board meeting of a nonprofit organization. "It's like when Hitler invaded Poland in 1939."

Schwarzman's over-the-top comments reportedly stunned those in attendance.

Yesterday, Schwarzman said he was sorry about his choice of words, but he wasn't backing away from the issue.

"I apologize for what was an inappropriate analogy," he said.

"However, the fundamental issue of the administration's need to work productively with business for the benefit of the overall economy is still of very serious concern, not only to me, but also to large parts of the business community," he told The Post.

Schwarzman's "Hitler" comments, first reported by Newsweek, come as the industry's largest lobbying group, the Private Equity Council, requests its members to wage a "grassroots" campaign against the tax hikes.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: blackstonegroup; businesstax; privateequityfirms; taxhikes

1 posted on 08/17/2010 3:09:06 AM PDT by Scanian
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To: Scanian

He has the courage to call it as he sees it..That is refreshing and a good thing. When honest debate happens, we all receive an education.


2 posted on 08/17/2010 3:15:08 AM PDT by jazzlite (esat)
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To: Scanian

Blackstone Group is supporting Reid, the biggest crook out there. Click my name to see about the book I wrote.


3 posted on 08/17/2010 3:21:16 AM PDT by DaxtonBrown (HARRY: Money Mob & Influence (See my Expose on Reid on amazon.com written by me!))
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To: DaxtonBrown
Blackstone, Goldman, et al.
They nuzzled up to Barky last time around...
4 posted on 08/17/2010 3:43:42 AM PDT by Eric in the Ozarks (Impeachment !)
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To: Scanian

Big difference. Hitler loved his country, Obama hates his.


5 posted on 08/17/2010 3:48:19 AM PDT by Leisler ("Over time they create a legal system that plunders and a moral code that glorifies it." F. Bastiat)
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To: Scanian
Steve Schwarzman, likened President Obama to Adolf Hitler


6 posted on 08/17/2010 3:56:37 AM PDT by Condor51 (SAT CONG!)
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To: Scanian

It’s unfair to draw parallel between Obama and Hitler. One of them was a socialist who nationalized multiple national industries, bought voter support with other people’s money, and hated the Jews. The other one . . . oh, nevermind.


7 posted on 08/17/2010 4:20:52 AM PDT by Pollster1 (Natural born citizen of the USA, with the birth certificate to prove it)
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To: Scanian

> “I apologize for what was an inappropriate analogy,” he said.
Not true. The analogy is dead on.


8 posted on 08/17/2010 4:21:01 AM PDT by BuffaloJack (Obama, the Criminal, is BAD for AMERICA.)
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To: Scanian

“I apologize (to Hitler and the Ayran Nation) for what was an inappropriate analogy,” he said.


9 posted on 08/17/2010 5:49:21 AM PDT by Onelifetogive (For the record, McCarthy was right.)
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To: Scanian

Companies, including banks, need to just tell the Government to blow off and not abide by all the Communist regulations.

The only problems with this is the major companies, including the banks, have a bunch of greedy, Godless, Socialists in charge and are in bed with the Government. Thus, if any smaller company tries to exert its liberties the big companies/government will thwart them and crush them.


10 posted on 08/17/2010 5:49:21 AM PDT by OldMissileer (Atlas, Titan, Minuteman, PK. Winners of the Cold War)
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To: Scanian

Apparently, Mr. Billionaireman is unaware of Godwin’s Law..... =.=


11 posted on 08/17/2010 5:59:40 AM PDT by cranked
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