In response to:

Why Are the Rich Still Enamored of Obama?

John5892 Wrote: Apr 22, 2012 5:30 PM
It is simple these elitist rich are trying to buy political influence and an exemption to the taxes and regulations that their competitors will face. In the case of Gates look to recent history. He was pretty much non political until Microsoft came to the attention of the Dept of Justice for monopolistic business practices he learned very quickly to buy influence. Buffet owns a rail road that hauls oil that othewrwise would be moved by the KL-pipline also ows about 100m in taxes.

A question for the rich: if President Obama successfully breaks the backs of the working middle class, is that really good for you?

And how about this: if over half of your fellow Americans pay no income taxes and are quite happy to have you foot the bill for our wasteful bloated government, will that be good for your portfolios– or anybody else’s?

We’re less than seven months away from selecting either four more years of Barack Obama, or a new President named Mitt. At this point President Obama isn’t running on his track record, so much as...

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