Thursday, February 26, 2009

Northern Trust Should Embrace Golf and Renounce TARP

John Powers reports on Chicago's,rich northern suburbs:
Judging from the Presidential election results in New Trier Township, voters were confident enough in Barack Obama and the Democrats to support him by a 63-35 margin. During the election season, I would occasionally mention to my neighbors that Obama has promised to raise taxes on them, which would get a response of “No, he is only going to raise taxes on rich people, not us”, which shows how bewildering the campaign was. Given New Trier Township includes Winnetka, Kenilworth, Wilmette, Glencoe, plus portions of Glenview and Northfield, this demographic is exactly the target of the the 2010 tax hikes.
Great moments of the trust fund class.