5.20.2007

Which America is John Edwards'?



I wish I lived in his!

a transcript of Senator John Edwards "Two Americas" stump speech

Quote:

"Today, under George W. Bush, there are two Americas, not one: One America that does the work, another America that reaps the reward. One America that pays the taxes, another America that gets the tax breaks. One America that will do anything to leave its children a better life, another America that never has to do a thing because its children are already set for life."

Pride of the Caymans: John Edwards's part-time job

Excerpts:

Let us say right up front that it's terrific that John Edwards lives in a country where he can lose an election and still land a $480,000 part-time job as a consultant to an investment firm that keeps its hedge funds in the Cayman Islands as a tax shelter for its clients.

...

It would also be churlish to repeat the by now tired line about which of his "Two Americas" Mr. Edwards lives in--notwithstanding his $30 million in assets, about $16 million of which is invested in Fortress. And in any case, no one should have to apologize for his wealth and success.

...

Mr. Edwards said instead that if he's elected President he'll still try to abolish offshore tax shelters. At least he'll have already made his money.

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