President Obama did everything but quote from Adam Smith in his recent town hall on CNBC. No, he insisted, he's not anti-Wall Street, not anti-hedge fund.Personally I'm one of the people who feel he actually hasn't done enough to crack down on Wall Street, but that's neither here nor there. What's more important, I think, is that I've found some evidence indicating that Steve Schwarzman may have had a point when he said "It's like when Hitler invaded Poland in 1939." He was referring to Obama trying to raise taxes on private equity managers -- really makes you think of Hitler, doesn't it? -- but he could have been talking about something that is likely to make the fat cats even more likely to flip their lids.
Obama Strikes at Wall Street Like Hitler Marching Into Poland - Weiss
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