Obama's policies serve the long-term interests of the 1%.

I don't say this as a criticism, just something that I consider to be a fact.

Needless to say, the rest of us will be better off under Democratic policies as well. But even the richest among us will, in the long-term, be harmed by the destructive policies promoted by the other party.

Conservatives are dealing in economic fantasies these days, and when fantasies eventually meet reality, the results are seldom pretty.

It is remarkable to me how few of the 1% are well-informed enough to realize that the destruction of the regulatory framework that enabled them to become so wealthy in the first place is not a good thing. I don't understand how they can think the impoverishment of their customer-base is going to somehow be beneficial to their businesses. And I really can't understand how they expect Herbert Hoover economic policies to somehow have a different result this time around.

In order to benefit from Republican economics, you need to have:

- at least $3.5 million in net worth (maybe double that if you are married)
- at least $800,000 a year in income
- no more than five or ten years left to live
- no children or grandchildren (that you care about, anyway)

The billionaires pouring millions into electing Republicans are not only greedy, they are incredibly short-sighted.

Warren Buffett became one of the richest men in the world by thinking long-term, making good investments, and being patient enough to wait for those investments to pay off. No wonder he doesn't support the policies of the extreme right. It isn't that he's too nice, it's just that he's too smart.