Yes, all you crazy mixed up liberals out there...so anxious to see the Republicans get kicked out of the White House... ...Just so you're clear on this one... ...Two of your Presidential hopefuls are flitting their tongues right into the sensitive places of one highly important demographic/economic segment.... YES! You guessed it! (Oops..no you didn't, my bad!) It's those wonder HEDGE FUND MANAGERS!! First, we have John "Two Americans and You Know Which One I Belong To" Edwards...who got an interesting "senior adviser" gig with Fortress Investment Group, a highly profitable hedge fund and private equity firm with several executives on Forbes’ billionaires list. So why did the "populist" Edwards do such a non-populist thing? Get a load of this. http://dealbook.blogs.nytimes.com/2007/05/09/for-poverty-101-edwards-went-to-a-hedge-fund/ Hmm...when I read that I nearly choked on my coffee. We continue. Hmm...let's see. Take a class....or get thousands attending meetings. Take a class....or get thousands attending meetings. What's poor ol' North Carolina boy supposed to do? Of course, John "Obscenely Rich Hedge Fund Managers Can Teach You A Thing or Two About Poverty" Edwards is not the ONLY Dem candidate hobknobbin with the Hedgers. No sirree. We also have... ....Barack Obama. The New Republic calls him "the Hedge Fund Candidate," http://www.tnr.com/doc.mhtml?i=w070507&s=risen051107 The "whole of Greenwich?" Hear THAT, you populist "we have too many people who are too rich" Dhimmis. Yes, Dems/Libs. YOUR candidates. Sucking up to the SUPER-rich. Just so you're clear on this one.
Best Karl thread title ever, but would anyone be surprised that the Dem front runners are as rich and assholic as they accuse the GOP of being?
The insanely stupid moronic liberals on this board, and elsewhere, would be. They actually believe their guys are better. They have been trying to insert their heads through their own sphincters for some time now.
There is one issue that the Democrats are right about on this -- namely that the way hedge funds are set up and managers often compensated, the managers claim the dividend/capital gain rate instead of the earned income rate.