In response to:

Why Are the Rich Still Enamored of Obama?

tcomments Wrote: Apr 22, 2012 2:05 PM
Obama and the "Do Nothing Congress" PEOPLE CHECK OUT THE FACTS Do Not Rely on wht Obama tells you. January 3rd 2007 the Democrats took over the House of Representatives and the Senate, at the very start of the 110th Congress. Democrats controlled the budget process for 2008 & 2009 as well as 2010 & 2011. In that first year, they had to contend with George Bush, which caused them to compromise on spending, when Bush somewhat belatedly got tough on spending increases. For 2009 though, Nancy Pelosi & Harry Reid bypassed George Bush entirely, passing continuing resolutions to keep government running until Barack Obama could take office. At that time, they passed a massive omnibus spending bill to complete the 2009 budgets.

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...