Robin Leach On Obama's Socialist Tendencies

Robin Leach, known for the TV programme "Lifestyle of the Rich and Famous" has some interesting things to say about Obama's goal to increase taxes on the rich.

Regarding Obama:

And for as long as you have a president who is whipping up this racial war and this economic divide, which he is doing quietly, but some of us see through it, you begin to realize that level the playing field is truly socialism.

Rick Santelli Bashes The Buffet Rule

CNBC on-air editor Rick Santelli lashes out against the Buffett Rule. 

Most of my "99%"er cohorts agree with Obama's assessment that the top money makers need to be paying more taxes. But what they don't realize is that if all those wealthy patrons of the arts are taxed more, the first thing they will do away with is funding the arts. The economy has already hit the performing arts industry very hard, with losses of many theatres (some major) nationwide. I predict there will be many more going belly up, if the Buffett Rule goes into effect. Most of us are already scrambling to find work to keep up with our insurance, fewer theatres will make it even more difficult to qualify. 

Why doesn't Buffett  just donate a bunch of his cash to the government to help lower the deficit? But just like all those other 'patriotic millionaires' who called for higher taxes but refused to donate to the treasury department, Buffett would never think of parting with his millions.

"Patriotic Millionaires" Calling For Higher Taxes Refuse To Donate To Treasury Department

Ha! From the Daily Caller:

Two dozen “patriotic millionaires” traveled to the national’s capital on Wednesday to demand that Congress raise taxes on wealthy Americans.


The Daily Caller attended their press conference with an iPad, which displayed the Treasury Department’s donation page, to find out if any of the “patriotic millionaires” were willing to put their money where their mouth is.

Watch video here.