"Why this fat cat likes Obama's tax plan" was the headline of a full-page ad La Jolla, Calif., investor Norman Lizt took out in The New York Times in August.
It was H.L. Mencken who said nobody ever went broke underestimating the taste of the American public. He didn't think to add that no politician ever lost an election by underestimating the gullibility of the American public.
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