It’s good to be the king … of class warfare hypocrisy. While he lectures his political opponents about their neglect of middle-class America, President Obama is headed to Martha’s Vineyard. Again. Because nothing spells populist like a $7.6 million, 9.5-acre estate owned by one of Chicago’s wealthiest corporate financiers.
The sprawling summer manse of David Schulte is actually a downgrade from the Obama family’s previous summer digs. The $21 million, 28.5-acre Blue Heron Farm that had hosted Obama and his massive entourage since 2009 isn’t available for rental anymore because a British mogul snapped it up….
Homeowner Schulte deserves special attention. If this deep-pocketed donor and private-equity whiz were a Republican, the Occupy hordes and left-wing super-PACs would have made him a household name by now. The SEIU already would have picketed his private residence. Cher, Bette Midler and Chris Rock would be tweeting furiously about this privileged white robber baron in all caps.
Schulte, you see, earned his money in much the same way the demonized Mitt Romney did: through corporate restructuring and rescuing debt-burdened companies.