CHICAGO, May 25, 2012 — “Greedy,” “vulture capitalists,” and “predators” are terms used by President Obama, the Democrats, and their fellow travelers in Liberal Land. They use them to define private equity firms, Mitt Romney, and anyone else who is successful.
They are also used to define capitalists, financiers, energy producers, manufacturers, and wealthy people who do not give or raise big bucks for the president’s reelection campaign.
There are two capitalist Americas. One is filled with greedy opportunistic predators who refuse to be altruistic enough to redistribute their wealth to their fellow man, President Barack Obama. They are denounced for the subhuman scum that they are.
The second America is filled with billionaires and millionaires who are altruists. They give generously or bundle money for the president. They believe Obama needs a fair shot. They are the good guys.
They are billionaires like Jon Corzine, the Elmer Fuddish capitalist who presided over MF Global, the eighth largest bankruptcy in history. He also managed to lose track of a couple of billion dollars of investor money that just vanished into thin air.
The missing money belonged to clients, many of them small business people and middle-class investors. Their life savings and investments were wiped out. Those are supposed to be the good folks President Obama cares so much about.
Corzine is supposedly being investigated by several Obama Administration agencies. Like Fast and Furious and Solyndra, the investigations are going nowhere, except down dead end streets.
Corzine is a good capitalist. Corzine is an honorable man. His rapacious greed is as pure as the driven snow. Good capitalists who give and raise money for Team Obama are immune from criticism. Jon Corzine is a major bundler. Team Obama did return Corzine’ personal donations, but they are ecstatic to pocket donations he brings in from his billionaire friends.
If you donate to the president’s campaign, you are by definition a good and savory person. No matter how many bad bets you make, no matter how many lives and livelihoods you destroy, it’s all absolved by donations to the president, like medieval sins wiped away by the purchase of indulgences.
If you do not give to Obama you wallow in your capitalist sins. It’s worse if you donate to his opposition. Not only are you scum, you are criminal scum that needs to be investigated, and exposed.
If you want to destroy jobs and lives and live high on others’ money, it’s okay if you do the right thing: Give a share to Obama and company.
This is the pure hypocrisy of the Obama propaganda team. They disparage Mitt Romney’s record, while one of their top bundlers is worse than a jackal.
If Romney’s record at a private equity firm is fair game, then Corzine and all the other Wall Streeters “vampires” and billionaires who donate to Obama should be fair game.
It is time to do to Obama and his supporters what Team Obama is doing to Romney and his supporters: Expose them and all their dirty laundry. It isn’t just fair (and isn’t “fair” Obama’s favorite word?), it’s imperative.
Only a crepuscular cretin would believe Corzine does not know how billions of dollars that he managed vanished, or where they vanished to.
Only Mensa moron would believe MF Global was a simple victim of market circumstance.
Corzine made bad casino bets then, like a degenerate gambler, doubled and tripled down, betting good money after bad. MF Global used supposedly untouchable client money to cover Corzine’s bad bets.
Corzine is not a vulture capitalist. He is a rapacious predator. Yet Team Obama will not drop him. They will not condemn him. There are still no cries for his head, no denunciation of him as a vampire. He is not the face of economic ruination.
He is Jon Corzine, friend of Barack, a good and honorable man.
If Romney’s business acumen is fair game, then Corzine is the fairest game of all. Indulgences were a bad idea that enriched popes but corrupted the Catholic church. They’re an even worse idea in our political system, a corruption that will destroy the body politic. For that reason Corzine and people like him should be relentlessly pursued, not feted at the White House.
If Americans were truly motivated by the urge to justice, Corzine would be hemmed in on every side by federal investigators. His home would be surrounded and occupied by drumming protesters. His life would be one of pure legal misery.
The beanie-clad boy wonder, Jay Carney, should suffer withering questioning by the White House Press Corps about Corzine. The president should be asked about him at every available opportunity. The WHPC should stop being lazy and slothful, as Carney claims the media are.
Vice President Joe Biden should … oh, never mind.
Obama’s attacks on Romney’s career at Bain Capital are in hypocritical bad taste as long as he keeps Corzine in his retinue. His continued association with Corzine should be an embarrasment, but you cannot shame a Democrat.
Three executives from Bain Capital, where Mitt Romney worked, donated money to the Obama campaign. The campaign has no intention of giving vulture capital money back. They have every intention of denigrating Bain Capital
That is the epitome of hypocrisy.
Peter V. Bella is a retired Chicago Police Officer, freelance journalist and photojournalist, cook, and raconteur. He likes to be the irreverent sharp stick that pokes, prods, and annoys. His opinions are his and his alone. Mr. Bella is a member of the National Press Photographers Association and the Society for Professional Journalists.
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