May 10, 2009
WHO ARE THE RUBES? (CONT’D): Barack Obama’s rich supporters fear his tax plans show he’s a class warrior. And, apparently, their contributions didn’t buy protection, as they might have hoped.
UPDATE: Reader Jeff Brown emails:
See what being historically ignorant will get you. You must learn from the mistakes of others or you’re doomed.
I do not claim great knowledge in socialist, communist or even world history but I am aware that after the Bolshevik revolution, the French revolution, the Cuban revolution, and more I can’t think of right now, that once in power, the powerful leader(s) turned on those who didn’t fit the profile they were selling. Especially, if they ever presented themselves as having an influence on the leadership.
Once they run out of rich bank and industrial CEOs to pillory, they’ll turn on the rich Hollywood and Silicon Valley CEOs, who wanted to salve their guilt at being capitalist with a capital C.
Yeah, you can already see that coming.
ANOTHER UPDATE: Related thoughts from Dan Riehl. Not sure I agree.
MORE: Tarquin’s poppies?