(Another) Area Money Manager Feels Like A Jew In Europe Circa 1939
Basically a pogrom.
This one decided to disassociate himself by name with the sentiment, but nevertheless follows a long line of investors before him (or her) including:
- Leon Cooperman (Who in the lead up to the 2012 election told the New Yorker, "...the largest and greatest country in the free world took a forty-seven year-old guy that never worked a day in his life and made him in charge of the free world. Not totally different from taking Adolf Hitler in Germany and making him in charge of Germany because people were economically dissatisfied.")
- Stephen Schwarzman (On the Obama administration's desire to increase in taxes on private equity: "...like when Hitler invaded Poland in 1939."
- Tom Perkins (Of "I would call attention to the parallels of fascist Nazi Germany to its war on its 'one percent,' namely its Jews, to the progressive war on the American one percent, namely the 'rich'" fame)
Sayeth Anonymous, on the president calling hedge fund managers "society's lottery winners" and Hillary Clinton claiming "There's something wrong when hedge fund managers pay lower tax rates than nurses or the truckers":
One prominent investor—who, like others, asked to remain anonymous given the divisive subject—called the rhetoric "class warfare" and noted other times in history, including before World War II, when financial speculators were unfairly blamed by politicians. "Instead of the Jews, it's the hedge fund managers," the person said.
If you don't count yourself among the persecuted, the equating of genocide with an open discussion about taxes might be hard to understand but you just gotta trust them on this. It truly is basically the exact same thing. Maybe even worse!
Hedge fund managers stung by 'class warfare' rhetoric [NetNet]
