The Politics of Class Envy

Here’s an article on American Thinker that is just up my ally – and well worth a read for our small audience. Obama and all of the populists like to tell you that they understand your plight. You’ve got a right to be mad, especially at all of  those rich people. CEOs make too much money! It’s not fair!

Where do you draw the line? How much is too much?

How much did Obama and his wife Michelle make in the past 10 years? Well, I think they did quite well.

Barack Obama’s income took a big nosedive last year, but nobody’s going to be holding a bake sale for the Democratic presidential contender.

The Illinois senator released his 2006 federal tax return Monday, a day ahead of Tuesday’s tax filing deadline. Obama and his wife, Michelle, reported taxable income of $983,826, down from $1.6 million in 2005.

The big difference involves two lucrative book deals Obama signed before entering the Senate in 2005, one involving advances for three volumes Obama agreed to write for Random House and the other paying residuals for the re-release of his 1995 autobiography, Dreams From My Father.

The book deals netted Obama more than $1.2 million in 2005, but only $506,618 in 2006. The first of the Random House books, “The Audacity of Hope,” was released in 2006 and became an instant best-seller.

If CEOs that run a business day to day that may employee thousands of employees and provide benefits to families can be attacked, why can’t Obama be attacked too?