Progressives claim to hate the rich and hate corporations. So how do you progressives explain the following?
Michelle Obama vacationed with billionaire Howard Marks. That may be ok, except for the fact Howard Marks raised over 10 billion in 2008 to buy distressed assets after the economy fell apart.That is right he bought assets for pennies on the dollar after everything fell apart. Just like Mr Potter.
Jack Lew Obama’s head of OMB was head of the Citigroup unit that shorted the housing market. He also received $900,00 in TARP funds.
Obama’s chief of staff William Daley made 8.7 million last year working for JP Morgan. JP received 25 billion in Tarp funds. His family has ran Chicago for most of the last sixty years. A study by University of Illinois at Chicago finds that corruption in Chicago costs the tax payers $500 million a year.