Hollywood Gets a Pass as Desperate Dems Crank Up Class Warfare Machine

by Edward Azlant

The Democrats, after getting their butts kicked all through July, are trying to change the momentum by raising the bloody flag of class warfare. Last Friday the House of Representatives voted 237-185 along party lines to enable financial regulators to limit Wall Street pay and bonus packages they deem inappropriate. The new regulation would affect firms worth over $1 billion, whether or not they got government bailout funds. The Washington Post and AP both asserted the House was responding to looming “populist anger,” although polls suggest recent public concern has been over spending and health care. 

Class warfare rests on the assumption, usually well disguised and used very selectively, that capitalist profits are a rip-off, a heist, “unearned.” In his recent health-care pitch, President Obama declared insurance companies are “making record profits,” a questionable claim but presumably identifying both the evil enemy and the room for government to save money, if you buy that the government can deliver something as good for the same cost.   (more…)

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Posted Aug 6th 2009 at 12:04 pm in Entertainment, Politics | 58 Comments