"Every Time These Guys Open Their Mouths, She Gets 10,000 More Votes": Leon Cooperman, Billionaire,

[BlueMTexpat]

Has a Few More Choice Words for Warren.

The superrich hedge-funder is still a little emotional over the candidate’s wealth tax and messaging. Some of his Wall Street peers wish he’d shut up.

https://www.vanityfair.com/news/2019/11/billionaire-leon-cooperman-has-a-few-more-choice-words-for-elizabeth-warren

... Cooperman, a self-made billionaire, is sharing these rather arch and pointed questions about the senior senator from Massachusetts (who is also a leading candidate for the 2020 Democratic nomination for president of the United States) somewhat reluctantly. While he says he has received 400 letters—“all of encouragement,” except for one from “a very die-hard Democrat”—since his public feud with Warren began at the Delivering Alpha conference, in September, he is starting to think he might be getting overexposed. An interview on CNBC recently reduced him nearly to tears after he got choked up thinking about his family’s journey to America as working-class Polish immigrants—his father was a plumber in the South Bronx, and he was the first person in his family to earn a college degree—and how he became a pre-IPO partner at Goldman Sachs and then wealthy beyond his wildest dreams from the success of his former hedge fund, Omega Advisors. He now runs his “family office,” which is Wall Street code for managing his own wealth. Nine years ago, he signed the Giving Pledge and has agreed to give away a majority of his wealth, estimated at more than $3 billion. Some people have told him to cool it. “I should lie low for a while,” he says.

That’s certainly the view of one senior Wall Street banker who is also a leading Democrat. He tells me the Cooperman–Warren feud is only helping Warren politically. “It’s ridiculous,” he says. “Every time these guys open their mouths”—meaning billionaires—“she gets 10,000 more votes. The vast majority of Americans, as it relates to billionaires—I’m not talking about Medicare for All; that’s a different debate. But on the questions around: What’s enough? How much is a billion dollars? What should they pay? That’s not an argument that I want to get into with Elizabeth Warren, because we’re on the losing end of that argument, okay? You can talk about how you grew up poor and this is America, and I got all that, okay? But for 99.9% of Americans, no one can even fathom the idea of having this kind of wealth, and so the idea that somehow she’s going to be chastised by it or not—or in some way not benefit by having this debate—is immature at best.” ...

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More at the link. POS Cooperman says that he will vote for any Dem OTHER THAN Warren or Sanders.

Insofar as he and those like him are concerned, they are NOT true Dems. Period.

[BlueMTexpat]

1. I am not sure how the whole post got bolded,

but I did NOT intend for it to. I looked through the code and couldn't spot where I went wrong.

Sorry about that.

[FM123]

2. What a crybaby.

Instead of using your dollar bills to dry your tears how about using them dry the tears of folks who need healthcare, childcare, student loan forgiveness....

[BlueMTexpat]

3. Exactly. eom