Why Do America's Super-Rich Feel Victimized By Obama?

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At www.newyorker.com

The growing antagonism of the super-wealthy toward Obama can seem mystifying, since Obama has served the rich quite well. His Administration supported the seven-hundred-billion-dollar tarp rescue package for Wall Street, and resisted calls from the Nobel Prize winners Joseph Stiglitz and Paul Krugman, and others on the left, to nationalize the big banks in exchange for that largesse. At the end of September, the S. & P. 500, the benchmark U.S. stock index, had rebounded to just 6.9 per cent below its all-time pre-crisis high, on October 9, 2007. The economists Emmanuel Saez and Thomas Piketty have found that ninety-three per cent of the gains during the 2009-10 recovery went to the top one per cent of earners. Those seated around the table at dinner with Al Gore had done even better: the top 0.01 per cent captured thirty-seven per cent of the total recovery pie...

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because they are a bunch of pampered unaccountable... by intotheabyss on Monday, Oct 1, 2012 at 4:15:15 PM
Since the Christian Right rose to political power ... by E. J. N. on Monday, Oct 1, 2012 at 7:22:15 PM
As the saying goes:"If the Government is a car set... by Amanda Lang on Tuesday, Oct 2, 2012 at 1:47:28 PM