Barack Obama did something bizarre even by his oddball standards on New Years Eve. With the so called Fiscal Cliff deadline only hours away, while Republican and Democratic Senate leaders were locked in delicate negotiations to prevent a tsunami of tax increases and spending cuts kicking in as the world’s most powerful basket case nation joined Greece, Portugal, Ireland, Spain and Italy in the bankruptcy club, the President held a press conference at the White House. From any other President or world leader we might have expected a bipartisan call for compromise on taxes and spending. Instead, he gave a campaign speech, praising himself and ridiculing his opponents for their greedy, tax evading capitalist ways.
So it looks like business as usual in 2013 with President Obama casting himself in messianic role while equating anyone who criticizes him with Beelzebub, the Banshee and Iggy the bare bum fire bobby and anybody who has a bit of money saved as a filthy, greedy capitalist who is personally responsible for murdering a thousand African children every day.
Easy to attack the political opposition of course but peeversely Obama had no criticisms for those ‘Liberal’ and ‘progressive’ ( crypto – fascist)billionaires and celebs who gave shitloads on money to his campaign to get elected and spent most of the last four years sticking their tongues ever further up his arse.
Google. The left-wing Internet giant provided Silicon Valleys biggest campaign-finance boost to Obama, with individual-employee donations supporting the tax-hiking candidate by a ratio of more than 31-to-1. Google rank-and-file workers pitched in some $800,000 to Obama. Googles CEO Eric Schmidt, co-founder Sergey Brin, chief legal officer and senior vice president David Drummond, and vice president and chief Internet evangelist Vint Cerf are all vocal Obama supporters and top donors.
In December, Googles Netherlands subsidiary disclosed in a tax filing that it had shifted nearly $10 billion in revenues to a Bermuda shell company. Thats almost double the total from three years before, according to Bloomberg News. In response to criticism, Google defended the scheme as a legal response to government incentives. Its called capitalism, Schmidt snarked defiantly.
Wonder what all of Obamas operatives and media lapdogs who bashed evil, selfish Republican offshore tax havens have to say about that? The anticipated response features a whining wind blowing tumbleweed along the main street of a deserted town as a distant church bell peals a funereal beat.
The Washington Post. On the subject of media lapdogs, the newspaper that gave you Watergate but completely ignored Fast and Furious (the Obama administration’s supplying weapons to Mexican drug cartels to destabilze the Mexican government) sanctimoniously supported Obama for president and singled out his support for revenue [tax] increases. Its endorsement editorial castigated Mitt Romney for embracing an America in which an ever-greater share of the nations wealth resides with the nations wealthy, at a time when inequality already is growing.
The privileged wealthy barons at the Washington Post, however, increased that inequality at the end of the year when they joined a growing number of companies that gave 2013 dividends in 2012 to protect investors from paying higher Obama taxes on dividend income. Its proof positive, blogger Doug Powers noted, that no matter what happens in the fiscal cliff negotiations, the country is definitely going off the irony cliff.
Costco. The mega-retailers co-founder, Jim Sinegal, is a lifelong Democrat and top Obama fundraiser. He crusaded aggressively for Obamacare and sent out a campaign dispatch defending his candidate from criticism over his you didnt build that remarks. But while Sinegal purported to speak for beleaguered small-business owners, his company was availing itself of rarefied tax-avoidance strategies. Like the Washington Post, the Costco board of directors voted to pay special year-end dividends, in this case amounting to $7 per share, to avoid higher taxes.
Facebook. The social-networking giants founder, Mark Zuckerberg, told Obama in 2011 at a town-hall forum that he was cool with paying higher taxes. But neither Zuckerberg nor his many Facebook execs are actually down with following through. Co-founder Eduardo Saverin renounced his American citizenship in a blindingly obvious bid to evade nearly $70 million in taxes. In addition, Zuckerberg and a half-dozen Facebook insiders are all skirting hefty estate and gift taxes on their family Facebook shares held in annuity trusts.
George Lucas. The billionaire Star Wars director called Obama a hero and parroted his candidates capitalism-bashing rhetoric in a January 2012 interview with PBS dinosaur Charlie Rose. I do not believe that the rich should be able to buy the government, Lucas lectured. He does, however, believe in shirking higher taxes the one-percenter way. In October, Lucas sold his film company to Disney for a whopping $4 billion taking payment mostly in stocks to evade capital-gains-tax.
Andre Dr. Dre Young. Forbes magazine named this California gangsta-rapper-turned-music-industry-mogul the highest-paid musician in the world in 2012. He raked in an estimated $100 million, mostly from sales by his Beats headphone company, along with concert revenue. Dres music-electronics company was co-founded with Jimmy Iovine, who also founded Dres parent record label, Interscope Records and is one of the nations biggest Democratic-party donors.
Dre boosted the careers of prominent Obama hip-hop cheerleaders Eminem and 50 Cent. But overseas, hes rolling like a Romney supporter. The rap mogul and his business associate Iovine now use a County Cork, Ireland, tax haven to protect his business empires subsidiaries and avoid high U.S. corporate tax rates.
To paraphrase Dre and another Obama-endorsing multi – millionaire rapper Snoop Doggy Dogg: Aint nuthin but an E thang.
It certainly is. Elitism. Exemptions. Evasion. There’s no hypocrite as hypocritical as a leftie hypocrite.
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