Billionaire hedge fund manager, Leon Cooperman said he doesn’t
need anybody crapping
all over what he does for a living. He made those comments in response to
remarks made by Hillary Clinton, who rightly pointed out that hedge fund
managers pay a lower tax rate than truck drivers or nurses.
I’m not trying to defend Hillary. As Cooperman noted, she
hangs out at Martha’s Vineyard and the Hamptons with the very folks from Wall
Street that she skewers in her speeches about inequality. More importantly, Hillary
and her husband have been the best friends of Wall Street and the worst enemies
of the middle class and the truly needy. President Bill Clinton ended Glass–Steagall,
which allowed the banks to run wild with our tax money and he pushed through
welfare “reform,” which was not reform at all, but a transfer of public money
to big business and the wealthy at the expense of the poor.
Yet despite the Clintons and their two-faced politics, this
does not excuse the pompous, arrogant, comments from this egotistical piece of
shit of a person who is Leon Cooperman. He wants us to feel sorry for him and
his creed because there happens to be a candidate out there who has the
audacity to suggest he pay higher taxes. (Remember that other scumbag piece of
shit, Paul
Tudor Jones, who equated higher taxes with war and revolution?)
If Cooperman’s recent comments are not nauseating enough,
here’s part of a letter
he wrote—and sent—to President Obama. Check out the over the fucking top
hubris.
“The divisive, polarizing tone of your rhetoric is cleaving a widening gulf, at this point as much visceral as philosophical, between the downtrodden and those best positioned to help them,” Cooperman wrote. “It is a gulf that is at once counterproductive and freighted with dangerous historical precedents.”
The downtrodden? He thinks he’s the Statue of Liberty now? Should
we replace the Great Lady with a giant copper statue of this fat fuck?
And more…
"You should endeavor to rise above the partisan fray and raise the level of discourse to one that is both more civil and more conciliatory…. Capitalism is not the source of our problems, as an economy or as a society, and capitalists are not the scourge that they are too often made out to be. As a group we employ many millions of taxpaying people, pay their salaries, provide them with healthcare coverage, start new companies, found new industries, create new products, fill store shelves at Christmas, and keep the wheels of commerce and progress (and indeed of government, by generating the income whose taxation funds it) moving. 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."
He fills store shelves at Christmas????
Are you fucking kidding me? He’s Santa Claus now??
This is a mind-blowing display of over the top, egomaniacal
narcissism.
Where does hubris come from? What, exactly, does Cooperman
do for a living that gives him such a feeling of self-importance? I’ll tell you
what he does: He’s runs a hedge fund that invests in stocks. Wow. Not exactly
Mother fucking Teresa.
That’s right…he doesn’t run into burning buildings to rescue
people like a fireman. He doesn’t clean bed pans, administer medicine or, care
for the sick and the elderly like a nurse. And he doesn’t educate young people
in the classroom so that they become productive members of society, like a
teacher. Instead, he buys and sells fucking stocks—and loses money (down
4.2% in 2014 when the S&P was up 13%), but still, he DEMANDS your respect
and he DEMANDS that the President of the United States respect him, too.
Personally, I am sick and tired of these parasitic
motherfuckers. I’m all in with Keynes:
let’s “euthanize the rentiers.”
These speculators; these scum, contribute nothing to
society. Even worse: their speculations often drive up the costs in real terms
for everything from food to fuel and very often, jobs.
And their donations to charity don’t get them off the hook,
either. Like other wealthy people Cooperman gives to the charity of his choice
in the amount that he pleases. It happens to be a few percent of his net worth.
Big deal. Let’s face it, too, many rich people do this for status and recognition—to
get their name on a hospital wing or campus building or something or, to get
invited to some swank society party.
The fact of the matter is, most of these hypocrites support
policies and politicians that have harmed the wealth and incomes of the middle
class and poor. Private charity wouldn’t even be necessary if these assholes
were not so obstructionist toward government’s natural role of “promoting the
general welfare” of the citizenry. All these selfish assholes are concerned with
is their own welfare.
Furthermore, Cooperman—yeah, I’m talking to you, pal—the bulk
of all taxes collected by the Federal government come from working people. More than 80% of all tax revenues are from
employment taxes—withholding and FICA. I am pretty sure YOU are not getting a
paycheck from an employer every week unless of course you’ve found some clever
way to suck even more money from a company that you control.
I’ll just end up by saying that Cooperman is right when he
says he doesn’t need someone crapping all over what he does for a living. What
he needs is someone shitting all over him and his “work,” and then flushing both
down the toilet.
