I posted this thought back on April 9, 2013, regarding something that Rush Limbaugh said on his radio show:
Limbaugh has hinted on past shows that the "rich" that he associates with are scared of what Obama might do to their wealth. This disturbs me.I'm scared that the "rich" are scared. If they were really "rich and powerful" leaders of their industries (we used to call them "___ barons"), I'd expect an organized pushback against the confiscation of their wealth, leading to the rejection of Obama. If they are simply "rich" trust-fund babies, then maybe they should be scared because they don't have a power-base behind their wealth to deliver on their wishes.
Given that we haven't seen the former, I'm guessing that we're stuck with the latter.
I still don't understand why multi-millionaire CEO's and other "movers and shakers" in their fields have to resort to "declined to speak publicly about the push back because they fear retribution."
What are our industry leaders fearing, physical harm to themselves or their families? Destruction of personal property by our President and his henchmen?
Seriously?
Don't most top CEO's also have bodyguards/chauffers and global corporate security departments that monitor their travels?
What will it take for one of these people who "fear retribution" to overcome that fear and speak out?
-PJ
1. The IRS
2. The Anti-Trust Section of the Justice Department
3. Or the SEC, the EPA, the FCC, the NLRB, etc.
The Federal Government has the power to destroy businesses, even entire industries (e.g., coal mining) and, at the very least, force you to spend a substantial portion of your fortune defending yourself.
"Decline to comment" is a lot less expensive.
Especially when you can't count on the Department of Justice or the media to take your side...
When it is only one party, and the Democrat Party at that with a record of extortion, thuggery, etc it isn’t bodily harm so much the wealthy fear, but regulatory harm the extortionist party can conjure to make them penniless in short order.
BIG business, primarily the transnational corporations with no allegiance to any nation, or anything but their bottom line are usually well stocked with Chief officers, and boards of directors quite friendly to Marxist organizations. Those Chief Officers see to it the political funding is directed to those organizations, and little or nothing to the opposition. Most of those Chief Officers, and Directors are active in the Democrat Party, Democrat circles.