Restoring the Sacred

Wednesday, November 30, 2011

A Billionaire's Letter to Obama



That's billionaire investor Leon Cooperman, the son of a plumber, born in the South Bronx.  He's now worth about $1.8 billion.  He started his career at Goldman Sachs, worked there for 25 years, and, in 1991, founded Omega Advisors.  In short, he's an American success story - one who has had it with Barack Obama.

He just wrote Obama a three page letter, in which, among other complaints, he slammed him for promoting class warfare rather than leading as a president should:

"To frame the debate as one of rich-and-entitled versus poor-and-dispossessed is to both miss the point and further inflame an already incendiary environment. It is also a naked, political pander to some of the basest human emotions - a strategy, as history teaches, that never ends well for anyone but totalitarians and anarchists."

To read the whole letter click on the link below:





H/T mckte


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