From the Left: Bloomberg and Edwards
The Patriot Post
Speaking of RINOs, current New York City Mayor Michael Bloomberg has intimated to friends that he would be willing to sink as much as $1 billion of his own personal wealth into an independent bid for president. Tony Blankley describes Bloomberg as a “nosy, hectoring, busybody, anti-smoking, anti-trans fat, social engineering, lifestyle blue-nosing, freedom-crushing, nanny-state enthusiast.” According to former Federal Election Commission chair Michael Toner, he is Ross Perot on steroids. Word on the street is that Bloomberg has even met with former Perot campaign strategists. That all sounds fine. Bloomberg could split New York’s liberal vote with Hillary and bring about the unthinkable: handing New York’s 31 electoral votes to the GOP candidate (we’ll call him “Fred Thompson”) on a silver platter.
Meanwhile, John Edwards, self-anointed champion of America’s poor, opened mouth and inserted foot when he said he did not know that the hedge fund that hired him as an adviser was becoming heavily involved in the sub-prime-lending market. Edwards took the adviser position with Fortress Investment Group in October 2005 after being assured the fund was not involved in predatory lending practices. Yet while he worked there, Fortress expanded its market share considerably in the sub-prime-lending industry as the declining housing market forced numerous smaller companies to unload their holdings. Apparently, Fortress’ partners and foreign investors also have taken advantage of some of the very offshore tax breaks that Edwards has criticized.
His defense for taking the job is that he wanted to “learn more” about poverty—all while raking in a cool $479,512 salary in 2006. Then there’s the $5.9 million in investment income, including some from Schlumberger, which is the oil services company with ties to the Sudanese dictatorship responsible for genocide in Darfur. What a priceless lesson in poverty.
Speaking of RINOs, current New York City Mayor Michael Bloomberg has intimated to friends that he would be willing to sink as much as $1 billion of his own personal wealth into an independent bid for president. Tony Blankley describes Bloomberg as a “nosy, hectoring, busybody, anti-smoking, anti-trans fat, social engineering, lifestyle blue-nosing, freedom-crushing, nanny-state enthusiast.” According to former Federal Election Commission chair Michael Toner, he is Ross Perot on steroids. Word on the street is that Bloomberg has even met with former Perot campaign strategists. That all sounds fine. Bloomberg could split New York’s liberal vote with Hillary and bring about the unthinkable: handing New York’s 31 electoral votes to the GOP candidate (we’ll call him “Fred Thompson”) on a silver platter.
Meanwhile, John Edwards, self-anointed champion of America’s poor, opened mouth and inserted foot when he said he did not know that the hedge fund that hired him as an adviser was becoming heavily involved in the sub-prime-lending market. Edwards took the adviser position with Fortress Investment Group in October 2005 after being assured the fund was not involved in predatory lending practices. Yet while he worked there, Fortress expanded its market share considerably in the sub-prime-lending industry as the declining housing market forced numerous smaller companies to unload their holdings. Apparently, Fortress’ partners and foreign investors also have taken advantage of some of the very offshore tax breaks that Edwards has criticized.
His defense for taking the job is that he wanted to “learn more” about poverty—all while raking in a cool $479,512 salary in 2006. Then there’s the $5.9 million in investment income, including some from Schlumberger, which is the oil services company with ties to the Sudanese dictatorship responsible for genocide in Darfur. What a priceless lesson in poverty.
posted by Andy W. Rogers | 9:04 PM
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