Leon Cooperman isn’t shy about the fact that he thinks President Obama is working against wealthy Americans, and in this week’s New Yorker, Chrystia Freeland does a deep dive into the “sleeper cell” of millionaires that have joined Cooperman’s cause.
Bottom line: They believe Obama isn’t grateful enough for everything that businessmen do for America. They say he villifies them, is creating a sense of class warfare in the country, and should be taking their advice to get the economy started.
See, this isn’t just about raising taxes or blaming Wall Street for the financial crisis. No, in fact, Leon Cooperman has had more personal encounters with Obama’s lack of gratitude — Obama didn’t even send him a thank you note after he gave Sasha and Malia copies of his 14 year old granddaughter’s self published book of poetry.
Last July, before he had written the letter, Cooperman was invited to the White House for a reception to honour wealthy philanthropists who had signed Bill and Melinda Gates and Warren Buffett’s Giving Pledge, promising to donate at least 50 per cent of their net worth to charity. At the event, Cooperman handed the President two copies of “Inspired: My Life (So Far) in Poems,” a self-published book written by Courtney Cooperman, his fourteen-year-old granddaughter. Cooperman was surprised that the President didn’t send him a thank-you note or that Malia and Sasha Obama, for whom the books were intended as a gift and to whom Courtney wrote a separate letter, didn’t write to Courtney. (After Cooperman grumbled to a few friends, including Cory Booker, the mayor of Newark, Michelle Obama did write. Booker, who was also a recipient of Courtney’s book, promptly wrote her “a very nice note,” Cooperman said.)
So yeah, that’s beef ladies and gentlemen.