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"Blackstone chief Schwarzman likens Obama to Hitler over tax rises"

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TomCADem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-30-10 11:11 PM
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"Blackstone chief Schwarzman likens Obama to Hitler over tax rises"
With billionaire, and California congressional candidate, Meg Whitman claiming that she is being victimized because people are calling out her hypocrisy in hiring an undocumented worker while attacking the employment of undocumented workers, here is another billionaire complaining about President Obama's proposal to return to tax rates under Bill Clinton for the richest Americans:

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/7949062/Blackstone-chief-Schwarzman-likens-Obama-to-Hitler-over-tax-rises.html


The comments, made by Blackstone chairman and co-founder Steve Schwarzman in what he thought was a private meeting, reflect the strength of feeling among Wall Street’s private equity chiefs who are being threatened with paying the same levels of tax on their income as ordinary Americans.

In an appearance before the board of an unnamed charity, Newsweek reported that Mr Schwarzman, who is estimated by Forbes to be worth $4.7bn (£3bn), said: “It’s war. It’s like when Hitler invaded Poland in 1939.” The Daily Telegraph has verified that the comments were made and are accurate.

It follows the Obama administration’s consideration of raising the tax on “carried interest” – the share of profits private equity managers receive from the portfolio companies they manage – from 15pc to 35pc.

His remarks are even more noteworthy given that Mr Schwarzman is a practising member of the Jewish faith.

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sakabatou Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-30-10 11:16 PM
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1. Godwin strikes again.
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housewolf Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-30-10 11:23 PM
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2. You know, it's really a shame that Anericans are so poorly educated in their vocabulary
that all anything can think of using when criticizing someone is "Hitler" and "Socialist/Socialism". I long for the days-bygone when people knew how to use words.

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Geoff R. Casavant Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-30-10 11:24 PM
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3. To (mostly) quote Bill Maher:
If Obama really were Hitler, Mr. Schwarzman, higher taxes would be the least of your problems.
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The Magistrate Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-30-10 11:37 PM
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4. As The Man Said, Sir....
" They came for the Jews to KILL THEM! They came for the banks and the car companies to give them $700 billion dollars! If that's "coming for them", then come for me! Hell, for $700 billion, I'll go to you! "
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brewens Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-30-10 11:47 PM
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5. Fine. I'll give him that. So we do like the U.S. did when Hitler
invaded Poland. Nothing. We let him have it.
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