Why Do the Super-Rich Keep Comparing Obama to Hitler?

So don't kid yourself. Today, they're coming for Bentleys. Tomorrow, they'll come for Aston Martins. The time to speak out is now.

Others have. Buyout-king (and actual-billionaire) Steven Schwarzman has said that Obama's plan to tax the income of venture capitalists, hedge fund and private equity mangers like everybody else's, and not as capital gains, is like Hitler invading Poland. And hedge funder (another actual billionaire) Leon Cooperman has pointed out that you know who else came to power amidst an economic crisis. And no, he wasn't talking about Ronald Reagan.

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Here's the scariest part for the 1 percent: Obama won't rein in the un-American class hatred he's unleashed. People didn't used to dislike the "rich." They used to want to be rich. But then Obama scapegoated Wall Street for the financial crisis it caused by calling bankers "fat cats"—and suddenly people were angry about the bailouts and being unemployed. It didn't make any sense. Now, Obama could have tried to explain it all, and at least one Wall Streeter asked him to:

The president had won plaudits for his speech on race during the last campaign, the guest noted. It was a soaring address that acknowledged white resentment and urged national unity. What if Obama gave a similarly healing speech about class and inequality? What if he urged an end to attacks on the rich?

Obama refused.