Monday, January 07, 2008

The biggest hypocrite

It's a tough one--who's the bigger hypocrite, John Edwards who claims to be looking out for the little guy, or Hillary Clinton who thinks 30 years "behind the throne" supporting Bill and supporting highly suspect candidates when she was a youngster qualifies as "experience" because she's been thoroughly vetted by the press. But, I choose John.

John Edwards, Democratic candidate for President 2008, and Vice Presidential candidate in 2004, has assets of nearly $30 million. Normally, I don’t begrudge anyone his wealth--if he’s earned it honestly. Before being elected to the U.S. Senate in 1998, Edwards had a very successful career as a personal-injury lawyer in North Carolina. He ran for President in 2003 and was selected as Kerry's V.P. running mate, resigning from the Senate to do so. If you want to talk about experience, he probably falls behind Obama who at least was in the Illinois legislature. What I don’t like about him is his dishonesty. Readers in today’s WSJ (and I can’t find the article to which they are referring) suggest that the 25-33% contingency fee trial lawyers get in law suits is much more excessive than the greed of which he accuses corporations‘ officers. Since he wants to limit the income of CEOs (who actually are contributing something to the economy), a reader suggests that he help stop “legal abuse” and limit lawyers to $300/hour, with an income not to exceed $750,000 a year. This would help reduce the inequity he sees among the high income earners. Others suggest why stop at corporate CEOs? Why not limit entertainers, sports figures, writers, etc.? This, of course, is a straw man--people who suggest this don’t really believe in limiting anyone’s income, but they do it to point out his hypocrisy. But just tort reform would reduce our health care costs without jeopardizing our health (the way dumbing down with universal health care would). Step up to the plate, John Boy. Put on those blue jeans and come out for the little guy and the pensioner like me.

1 comment:

Unknown said...

I have similar issues with many politicians today. Wealth is permissionable as long as we gain wealth with honesty and without cheating and stealing. I don't know if we can call this a blessing or thankful that it is a system that benefits everyone even though some will still live in poverty. In this country, people have equal opportunity to be successful but not everyone would be successful. Just as everyone have the equal opportunity to excel in sports and make millions but only 2% of the population have the talent and gifts to play with big bucks.

Politicians and lobbyists often take advantage of average income people when they want our votes. Because they’re self-absorbed, they’re self-centered, they’re caught up in their own comfort.

Anyway, that's my opinion. :)

Jim