It’s hard to feel too sorry for these folks…
The Telegraph reported today that some of Barack Obama’s richest supporters fear they have elected a “class warrior” to the White House, who will turn America’s freewheeling capitalism into a more regulated European system.
It looks like they were a little slow on the take.
Here’s another headline from today…
Obama announced that he’s raising taxes on the rich.
The Obama administration will propose $60 billion in new tax increases over 10 years on wealthy estates, businesses and others to partially pay for his expensive healthcare handouts.
It’s not like they weren’t warned.
If ‘stupid is as stupid does’, the rich in this country are extremely stupid, and now we’re seeing the results of that stupidity playing out before our eyes. The most unfortunate thing is that the middle class is going to be gouged right alongside the ‘rich’.
Hopefully we can roll it back before things get too much worse.
There’s my two cents.