Dems 2008: Capitalism has been "bery, bery good" to Clinton and Obama? [Karl]
Invoking the ghost of Chico Esquela,Ã‚Â TownHall’s Austin HillÃ‚Â spots someÃ‚Â more elitism inÃ‚Â the Democratic presidential hopefuls:
The profile and name recognition that led both Obama and Clinton to lucrative publishing deals and enormous book sales have been brought about by the roles they occupy in our government. Arguably, their marketability at the bookstore has to some extent been subsidized by the federal government. Yet Clinton and Obama are first in line to question the legitimacy and Ã¢â‚¬Å“moralityÃ¢â‚¬Â of purely private sector enterprise, and canÃ¢â‚¬â„¢t wait to punish those who are successful with it.
HillÃ‚Â notes Bill Clinton’s lucrative post-presidency, to which he could haveÃ‚Â added the pure coincidence thatÃ‚Â Michelle Obama’s incomeÃ‚Â skyrocketed around the time Barack Obama became a US Senator.
Some might call it hypocrisy, but Hill is correct to call it elitism instead.Ã‚Â Most Americans cannot avail themselves of crony capitalism as the Clintons and Obamas have.Ã‚Â Moreover, theirÃ‚Â success in crony capitalismÃ‚Â is probablyÃ‚Â one reason the Clintons and ObamasÃ‚Â question the legitimacy and Ã¢â‚¬Å“moralityÃ¢â‚¬Â of purely private sector enterprise.