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.”…
A senior Wall Street executive who remains an admirer of Mr Obama, told The Sunday Telegraph that the reforms were necessary after years of excess. “I think its refreshing that he has the chutzpah to deal with the previously untouchable abuses of the system like tax dodging and excessive executive pay,” he said.
“We badly need some European style social democracy, and Obama might as well start with health care reform.”
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No, we really don’t.
PBoilermaker on May 9, 2009 at 9:07 PM
stunningly idiotic.
homesickamerican on May 9, 2009 at 9:08 PM
Live and do business there for a few years sir.
Then get back to us.
ThePrez on May 9, 2009 at 9:09 PM
I’m appalled that anyone can be that stupid. Now…we all reap the whirlwind.
Asher on May 9, 2009 at 9:12 PM
A senior Wall Street executive who remains an admirer of Mr Obama = Jeff Immelt.
Caper29 on May 9, 2009 at 9:12 PM
The Precedent is not really a class warrior. He’s a race (anti-white) warrior just like his buddy at Trinity Church and the terrorists scum he loved to pal around with. And he HATES the West. HATES.
Anyone who didn’t see this long ago is a total moron.
This guy should be neutered. I guess nominating to the cabinet is a novel way to deal with tax cheats – and then set them in the lead to fight tax cheats is true chutzpah (unlike the way this tool above misuses the word).
progressoverpeace on May 9, 2009 at 9:14 PM
Stop calling it healthcare reform and instead what it really is: Healthcare rationing.
Blake on May 9, 2009 at 9:17 PM
These Yah Yahs are super smart finance people and they DIDN’T know a community organizer from Chicago would be a class warrior? How dumb can you get?
Herb on May 9, 2009 at 9:19 PM
Here’s a bit of redneck wisdom: “They sucked for it and now they got it”. I’m not sure who to credit for that quote, so I guess my brother will have to do.
DFCtomm on May 9, 2009 at 9:20 PM
Suffer the consequences of your vote.
Isn’t reality fun?
artist on May 9, 2009 at 9:22 PM
Screw Obama’s “wealthy supporters.” They deserve every bit of big government, high-tax, income redistribution, and regulatory pain this amateur president and his crew of thugs heap upon them. And whatever that does to this nation, THEY are responsible for it. So screw ‘em. You don’t get to vote for an anti-business leftist, who told you he was an anti-business leftist, and then whine cuz you got yourself an anti-business leftist in the White House. Fad following punks.
Rational Thought on May 9, 2009 at 9:26 PM
I wonder how many people voted for Obama with the same notion that he was just saying what was politically expedient on the campaign trail, but that he didn’t really mean it. I imagine there are more than a few people who are seriously regretting their vote. Let’s hope Congress reigns in Dear Leader or else America, as we knew it, is dead.
ExcessivelyDiverted on May 9, 2009 at 9:35 PM
The schadenfreude is certainly enjoyable.
It’s also good to see that some are shaking off their kool-aid hangovers. Maybe there is some hope for 2010 or 2012.
beancounter on May 9, 2009 at 9:36 PM
Stupid people surprised to discover Obama’s a class warrior
TheBigOldDog on May 9, 2009 at 9:38 PM
If Obama had shown up in any of their offices with that wafer-thin résumé, would they have even considered him for a middle management position?
If the answer is no, please explain your vote.
If the answer is yes, please explain how you’re still in business.
tastes like chicken on May 9, 2009 at 9:40 PM
Good thinkin’, Sparky! How long do you think those companies will remain based in the US?
Wait a second, you mean money “trickled down” to the waiter? You don’t think… Naaah, couldn’t be… but maybe… You don’t think that maybe the reason college professors make a decent buck is because some of those Wall street guys sent their kids to college for $35,000 a year or more? Hey, Bambi, what would happen to those beloved college professors (Bill Ayers, is that you?) if the number of people who can afford to pay exhorbitant tuitions drops dramatically? Any ideas?
trubble on May 9, 2009 at 9:41 PM
Just more proof that you don’t have to be smart to be rich.
BayCon on May 9, 2009 at 9:45 PM
Imagine that! The candidate who espoused socialist rhetoric is actually a socialist.
The candidate who built his political career in the thugocracy of Chicago politics is a racist class warrior-just like he said he was all along!
He told anyone who would listen what he is and they didn’t think he was serious. I’m glad the a$$holes who inflicted this turd on us are getting screwed by him. How can people who are supposed to be so smart be so stoopid?
single stack on May 9, 2009 at 9:45 PM
the fellow thinks he is rich enough to avoid most of the pain of Bambi’s Fa$ci$m….
“good luck fella you’ll be dinner soon”
sven10077 on May 9, 2009 at 9:47 PM
Please don’t hold your breath. I doubt anyone (even republicans) will go after Obama on anything. Thug-in-chief scares the crap out of everyone in Washington. Politicians have too many skeletans in their closet, and they are scared what Thug-in-chief will do to them. Remember “we are keeping count” and “I’m the only one between you and the pitchforks.” Who knows what the heck is said behind closed doors.
deidre on May 9, 2009 at 9:48 PM
He’s a character from Ayn Rand. He could, of course, opt to make less money and have the company he heads pay more taxes.
If he were honest. Of Course.
lorien1973 on May 9, 2009 at 9:50 PM
Obama is a Socialist? Who knew?
Kjeil on May 9, 2009 at 9:51 PM
Sow the beans, reap the flatus.
The article didn’t mention that some of his other big supporters, like hotel magnate Penny Pritzker, are freaked about card check.
I have an ag degree from a cow college, and I knew this was coming. It’s in his bio and it was in his campaign speeches. Who are the rubes now?
I’ll admit I didn’t think he’d be quite this aggressive though.
juliesa on May 9, 2009 at 9:54 PM
Thought it was $250k? Does it go down $50k every 6 months? So it started out at $250k, now it’s $200k, by the end of 2009 it’ll be $150k, by the end of 2010 there will be tax increases on anyone earning more than $100k.
If only this had been predicted! How could no one see this coming? Alas, we’ve been tricked! /sarc off
JustTruth101 on May 9, 2009 at 9:56 PM
Here’s another group of supporters gone sour:
http://www.hollywoodreporter.com/hr/content_display/news/e3i4e17d68abb9787337186a5038618057a
juliesa on May 9, 2009 at 9:58 PM
I hate Obama on and off. Mostly I don’t hate him. Because it’s the ideas I hate.
But every once in a while I get a flash of hating Obama himself, such as when I read this:
“they were willing to pay $100 for a steak dinner and the waiter was getting the kinds of tips that would make a college professor envious”
That he thinks he should be able to decide what everyone makes – even what waiters get in tips! – infuriates me.
Who died and made him God? Who the heck is he to sit and decide how much money he thinks people should spend, or how big the tips waiters get should be?
Yet he really does think he should be the one to decide all these things, and all the minutiae of everyone else’s lives and incomes. And tips.
Alana on May 9, 2009 at 10:06 PM
And that’s another thing. Now it’s $200,000.
We never made $200,000 a year, or even half that – and we never will.
But I was never so incredibly stupid as to think people who do make $200,000 are “rich.”
I hate this old-time Marxist class-envy crapola.
Alana on May 9, 2009 at 10:08 PM
FIFY
Daggett on May 9, 2009 at 10:08 PM
Alternate headline to this story:
“Stupid People Learn a Lesson”
AZfederalist on May 9, 2009 at 10:09 PM
Adam Smith was killed by Bawney Fwank and Kwiss Dodd to make Barry have the power of “God”…..
a tiny acorn made the CRA grow….
sven10077 on May 9, 2009 at 10:10 PM
Don’t forget: these are the same people who don’t believe the Islamists when the latter say that their ultimate goal is to convert all “infidels” to Islam, subject them to dhimmi status or kill them. 9/11 didn’t convince them and the 4/27/09
reenactmentpublicity shot didn’t either.baldilocks on May 9, 2009 at 10:10 PM
Dear Leader wants to share poverty equally to make life ‘fair’(his version).
rockbend on May 9, 2009 at 10:25 PM
Two quotes from the article hit like a right hook.
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.”
Mr Obama has also focused his sights on wealthy individuals who use offshore tax havens to evade tax and is hiring 800 inspectors to track them down.
That first one has been commented on a few times. My two cents worth is that it is appalling that educated, supposedly intelligent people think it is “ok” to lie and whip up populist anger during a campaign, but the assumption is that once in office, Obama was going to govern with a different agenda than the one that got him elected. Apparently, this isn’t uncommon in the Democrat party, and Obama doing what he said he would do is unsettling. Go figure.
The other comment? Stunning, just stunning. This man is ruthless behind the scenes, and even as the curtain is pulled back a little, this administration doesn’t care; they’ve got the monied class scared to act or speak, including their allies in the media.
OneEyedJack on May 9, 2009 at 10:27 PM
And another thing….this guy has DHS looking at right wing threats. With the supporters he is angering afraid to take him on in public and with law, he should watch his six.
I’ll take famous final words for 500, Alex\
et tu, brute?
OneEyedJack on May 9, 2009 at 10:35 PM
Rich idiots are some of the most useful of the useful idiots.
ZenDraken on May 9, 2009 at 10:43 PM
Stupid, rich liberals should be poor because of idiot statements like that. If it’s not okay now, why should it have been okay on the campaign trail. A lie is a lie and hyperbole is hyperbole. You asked for it and we all got it. Embrace it.
hawkdriver on May 9, 2009 at 10:55 PM
{{{hawkdriver}}}}
baldilocks on May 9, 2009 at 11:01 PM
Hey, Baldi. I saw you comment the night I moved out of the tents and got my internet but it’s so unreliable. By the time I typed a comment, you all were gone.
hawkdriver on May 9, 2009 at 11:08 PM
Beautifully put!
Josiah on May 9, 2009 at 11:09 PM
The last paragraph of the article was the best:
Those trillions Obama and his Democrat controlled Congress have run through since then evidently aren’t worth a mention.
Laura on May 9, 2009 at 11:12 PM
Agreed. Well said.
hawkdriver on May 9, 2009 at 11:15 PM
Sounds like fun. Hope we aren’t all in tents soon. May God watch over us. Where I grew up, they say He watches over babies and fools. It’d be nice if He’d reach down and slap these Wall Street fools. They can afford to be stupid, but we all have to pay the price for it.
baldilocks on May 9, 2009 at 11:17 PM
Yes, and that’s working out so well for them…
http://blogs.telegraph.co.uk/daniel_hannan/blog/2009/04/06/americans_dont_copy_the_british_healthcare_system?com_num=20&com_pg=3
katy on May 9, 2009 at 11:30 PM
I missed it Hawkdriver. I’ve been out of the loop for a bit. what happen to you and why is everyone welcoming you back?
katy on May 9, 2009 at 11:33 PM
Wait until the poor people discover they are merely canon fodder in Obama’s war.
Loxodonta on May 9, 2009 at 11:35 PM
I’m not actually back.
I was Stop Lossed and not permitted to retire like I wanted. I’ve been either traveling or in a tent about the last two weeks and not very internet accessible.
I’m in a hard building now in Kandahar, Afghanistan. I’ll be here at least until the holidays.
I’m doing my environmental training flight today and this evening. I’ll be on regular missions after a local area oriention (right-seat ride) later this week.
hawkdriver on May 9, 2009 at 11:41 PM
Apparently they could find only one.
My favorite comment in the thread. Touche’.
Captain Scarlet on May 9, 2009 at 11:48 PM
Wow.
baldilocks on May 9, 2009 at 11:48 PM
Thanks for the update!
I saw a few posts over the last few days that gave me the impression you were hurt or something. I misread into it.
Sorry to here about the stop loss though….
Glad to know you are ok!!!!!!
katy on May 9, 2009 at 11:54 PM
Health care reform = kill the proles earlier than they might otherwise die.
Greg Toombs on May 9, 2009 at 11:59 PM
Nope, I’m fine. And thanks.
Yeah Baldi and the new and “improved” Stop Loss the president said he wanted to use sparingly just plain sucks. Where you used to have an entire year to make appointments through the ACAP program (it’s not a year away from your job, but time for workshops and retirement appointments) and be afforded 20 days permissive TDY and be able to use 60 days of your leave for transition leave, you now have to be out within 60 days of your unit returning. So unless I get back for the holidays for at least a couple months of ACAP, I’m screwed. I’ll have to try to push the retirement date back out of just do without.
And the extra money? You don’t get any of that until you pass the time you should have retired or ETSed. So, President Obama gets me for no extra pay whatsoever until September which would have been my first months as a civilian. Gee, Thanks!
We should do a freaking thread on the real program now compared to what we were permitted under President Bush. The American People only know that, ‘Oh, president Obama stopped that awful, Bushhitler StopLoss travesty!”
Right! It’s worse now.
Thanks all you great folks that gave us this guy.
And before any of you wise asses say anything, yeah, it was my unit that SLed me, but they still have to process it under the Obama Adminisrations rules. That’s the part that sucks.
hawkdriver on May 10, 2009 at 12:11 AM
Gasp!
nickj116 on May 10, 2009 at 1:48 AM
What did they think was going to happen? It’s really quite shocking that otherwise intelligent people can be so consistently stupid.
Karmashock on May 10, 2009 at 1:59 AM
What is that saying about fools and their money?
OldEnglish on May 10, 2009 at 5:47 AM
And you don’t have to be one of the ‘elite’ to be smart, as evidenced by the supposed elites who bought the Presidential Quality Snake Oil.
karl9000 on May 10, 2009 at 7:00 AM
Gubmit is part of the problem, not part of the solution.
petefrt on May 10, 2009 at 7:05 AM
Obama throws parties every weekend at his new pad with wagyu beef as the centerpiece and is only 45 and gets a friggin’ lifetime pension all for… WHAT exactly? He has done nothing in his pathetic life, except attempt to destroy America.
I am so sick of that sob.
amkun on May 10, 2009 at 7:27 AM
just proves my theory that there are alot of idiots out there. for instance Allah continues his attacks on Palin and conservatives in gerneral while promoting the “moderate social.” Even after the “moderate social” has cost us 2 national elections, a national majority and has enabled the ushering in of the most left wing administration and socialist Congress ever seen in this Country.
unseen on May 10, 2009 at 7:28 AM
No sh!t sherlock! Whatever hedge fund you manage I want no part of.
conservnut on May 10, 2009 at 8:02 AM
You flippin idiots voted for the guy and you’re now figuring out he’s a socialist / communist?
Ha !
BowHuntingTexas on May 10, 2009 at 8:29 AM
These people make me more angry than ever. If *if* we make it out of these four years relatively in tact, I wonder if they will have learned their lesson about rhetoric versus reality. IDEAS AND ELECTIONS have consequences. But, no…don’t listen to the rednecks talking about liberty, mmmk? Follow your hearts…
losers.
Mommypundit on May 10, 2009 at 8:31 AM
So this idiot is saying that he voted for Obama hoping that he didn’t mean what he said on the campaign trail?
Good Lord!
RMR on May 10, 2009 at 8:46 AM
Sorry to hear you’ve been stop lossed, Hawk.
It’s a ridiculous policy that needs to be scrapped. Once you are done, you are done, and that should be it.
blatantblue on May 10, 2009 at 9:12 AM
A lot of these hedge fund guys were math/physics geeks in college who figured out some mathematical method of gaming the market. They have no idea about politics or history or power and literally can’t believe that someone in power would believe in Marxism or socialism or any of their variants, although they are cynical enough to understand why Obama would have had to play to those themes in the campaign. I would bet that it never dawned on them that they might be the things Obama actually believes in and I’m sure he was happy to let them persist in that illusion.
venividivici on May 10, 2009 at 9:46 AM
More on Barack’s rapacious redistributionist greed here.
Buy Danish on May 10, 2009 at 10:23 AM
I’m just going to have to wait it out here in China. How ironic.
DarkCurrent on May 10, 2009 at 10:41 AM
I’m just going to have to wait it out here in China. How ironic.
DarkCurrent on May 10, 2009 at 10:41 AM
I’ve already pulled out my stocks and done everything I can to avoid paying one more cent in taxes to the US government, and I am definitely not rich.
If I were rich, I’d be circling the wagons.
amkun on May 10, 2009 at 10:51 AM
It sure is easy for someone who is wealthy to say we need socialized medicine. They have the ability to get treatment whenever they want outside the system.
aikidoka on May 10, 2009 at 11:00 AM
What idiot CEO would vote for this guy… much less any other pro business tax (and pro capital gains tax) Democrat?
You’d have to be positively brainless, just like every other Obamaton out there.
How bout next time you vote for someone who doesn’t have that kind of Rhetoric in or out of a campaign? Just because that kind of talk is popular doesn’t mean it’s right.
Chaz706 on May 10, 2009 at 11:15 AM
You could make that into a series of articles. Stoploss, poaching NG units, screwing with non-stoplossed retirees, etc.
ON Topic:
Isn’t that what the country wants, a politician that keeps his campaign promises?
Nathan_OH on May 10, 2009 at 11:33 AM
The only thing that would surprise me about Obama is if he could show enough self-restraint to go a WHOLE DAY without doing something to destroy the country.
Daggett on May 10, 2009 at 11:45 AM
Hmmm, engineering “geek” here who is now a currency trader; another mold broken! I’m rolling!
Ya know, V-cubed, this is the part I can’t figure out. You would think their science background and hedge fund managerial experience would teach them SOMETHING about risk management. The engineer and risk manager in me tells me to first listen to what’s being said to me and then delve a LOT deeper to find the facts. Delving even superficially into Obama should have had these managers screaming for McCain, or at least not supporting Obama.
Gives ya the willies…
karl9000 on May 10, 2009 at 12:03 PM
The risk is that the dollar will fall harder than stocks , the inflation created by printing money can become huge.
So it’s not safe to have all your money in cash , try gold and some safe stocks in food or something.
the_nile on May 10, 2009 at 12:26 PM
Speaking of fools and their money….
Looks like the Obama government is going to take over GMAC. The thought is that they will offer cheaper loans than private carmakers, thus ensuring that the
unionsUS carmakers stay afloat.Treasury to bail out GMAC
PattyJ on May 10, 2009 at 2:29 PM