Comment by Jim Campbell, Citizen Journalist, Oath Keeper and Patriot.
We have a new breed of Limousine Liberal today among the elite progressives who are under the mistaken notion that they are our rulers.
The classics of days past, inherited their money. Today we have those that use their position in government to amass untold wealth while ostensible being government servants.
Take the Obama’s $1.3 million net worth when he was sworn into office in January 2009. Now with an annual salary of $400,000 plus additional money for expenses his net worth is $11.8 million before his upcoming inauguration in January 2013.
Of course this increase is largely attributed to the sale of his books, which were for the most part filled with lies and other misrepresentations.
Realistically, would he have “written” any books and would they have been purchased if he had not been elected to the highest office in the land?
Using their political power when the so-called congressional committees turn a blind eye to millions of taxpayer dollars being diverted from the taxpayer to nepotistic contracts being offered for personal gain.
(Paul Pelosi, husband of fancy Nancy owned $17 million of Starkist Tuna when Pelosi intervened on behalf of the company killing the minimum wage in American Samoa, the company’s headquarters.)
I draw the line when these crooked bottom feeders believe they can by executive order or any other means alter the meaning of the Second Amendment.
The above are nothing more than vermin and should they persist they will bring on vermin control with extreme prejudice. It’s time that they back off.
National Review Online
By Victor Davis Hanson
Modern elitists are past masters at preaching one thing and practicing another.
The Roosevelt’s and Kennedy’s enjoyed the high life quite apart from the multitude that they championed. And they were exempt, by virtue of their inherited riches and armies of accountants and attorneys, from the higher taxes they advocated for others.
Few worried about how their original fortunes were made long ago, or that as lifelong government officials they had their needs met by the state. Most were relieved instead that as very rich people they wanted less rich people to pay their fair share to help the poor. Complete article below
But the new liberal aristocracy is far less discreet than the old. Most are self-made multimillionaires who acquired their money through government service, finance, law, investment, or marriage. If the old-money liberals lived it up tastefully within their walled family compounds, the new liberal aristocrats are unashamed about living openly in a manner quite at odds with their professed populist ideology.
Take former vice president Al Gore. He has made a fortune of nearly a billion dollars warning against global warming — supposedly shrinking glaciers, declining polar-bear populations, and the like — while simultaneously offering timely remedies from his own green corporations, all reminiscent of the methodology of Roman millionaire Marcus Licinius Crassus, who profited from fires and putting them out.
But whether the first family escapes to Hawaii or Martha’s Vineyard or Costa del Sol, the image of a 1 percent lifestyle seems a bit at odds with the president’s professed disdain for “millionaires and billionaires,” “fat cats,” and “corporate-jet owners” who supposedly can afford such tony retreats only because they have done something suspect.The media used to ridicule grandees like Ronald Reagan and George W. Bush for wearing cowboy hats and wasting precious presidential time chopping wood or chain-sawing dry underbrush on their respective overgrown ranches. But for liberal class warriors, golfing and body surfing in the tropical Pacific while staying at a zillionaire’s estate become needed downtime to prepare for the looming battle against 1 percenters.
One wonders about the conversation between the Obamas and their landlord. “We will stay here, but only on the condition that you remember that you didn’t build it”?
Multibillionaire Warren Buffett is a tireless advocate of hiking inheritance taxes on small businesses and farms. But he has pledged much of his wealth to the Gates Foundation, a ploy that will cost the federal Treasury billions of dollars in lost revenue.
Meanwhile, if inheritance taxes go up, millions of terrified Americans will double up on their life-insurance policies — an industry central to the multibillion-dollar Buffett empire. It never seems to occur to the liberal-minded Buffett that there is something tawdry about advocating a policy that he not only seeks mostly to avoid, but will even profit from.
So tax avoidance is another characteristic of the new aristocracy — ask Jeffrey Immelt, the General Electric CEO and Obama point man on jobs and growth, who endorses the Obama agenda even as he managed to skip taxes altogether on his company’s 2010 profits. What should Immelt say? “Taxes are for the little people whom we try to help”?