I’m a big fan of philosopher Nassim Nicholas Taleb, writer of The Black Swan and more recently AntiFragile: Things That Gain from Disorder. In AntiFragile Taleb warns:
Never listen to a leftist who does not give away his fortune or does not live the exact lifestyle he wants others to follow. What the French call “the caviar left,” la gauche caviar, or what Anglo-Saxons call champagne socialists, are people who advocate socialism, sometimes even communism, or some political system with sumptuary limitations, while overtly leading a lavish lifestyle, often financed by inheritance – not realizing the contradiction that they want others to avoid just such a lifestyle…
A former client of mine, a rich fellow with what appeared to be a social mission, tried to pressure me to write a check to a candidate in an election on a platform of higher taxes. I resisted, on ethical grounds. But I thought the fellow was heroic, for, should the candidate win, his own taxes would increase by a considerable amount. A year later I discovered that the client was being investigated for his involvement in a very large scheme to be shielded from taxes. He wanted to be sure that others paid more taxes.
Just something to consider as Elizabeth “Stands with Fistfuls of Corporate Cash” Warren grabs the limelight as the “New Hillary” of the Left. Former Congressman Barney Frank said in a recent Huffington Post piece that the Democrats are closing ranks trying to protect large corporate banks to wrest campaign contributions from the GOP. She’s following the path set by Old Hillary who has become well-known for her Goldman Sachs speeches. Shikha Dalmia wrote in a September 29, 2014 USA Today essay, “(I)t appears the woman [Warren] who went to Washington to vanquish the corporate powers-that-be has become a classic Washington insider serving those powers.”