Carl Icahn Thinks Senator Obama Would Be A Bad President

Paleo-corporate raider

(image via cnn)

Carl Icahn, who is all over the news concerning his maneuverings on the Microsoft-Yahoo! front is waxing political. Icahn was also on the losing end of a battle with Dick Parsons to get an alternate slate of directors at Time Warner in 2006. He has a problem with an Obama Presidency. His argument is the typical response of an Upper East Side Republican to a Democrat who, record-wise, is still an unknown quantity on the subject of taxation. And the cucumber sandwich crowd tend to shoot first and ask questions later on the subject of Democratic candidates and taxation. From Bloomberg:

"Billionaire investor Carl Icahn said Barack Obama would be a 'terrible' U.S. president whose election would bring higher interest rates and a loss of international confidence in the dollar.

"'I don't normally get involved in politics, but this time I am,' Icahn told an investors conference in New York last night. 'I don't think Obama really understands economics.'

"... Earlier this year, Icahn donated the maximum $2,300 to the presidential campaign of Republican Rudy Giuliani, according to the Washington-based Center for Responsive Politics. Giuliani has dropped out of the race. He has also given to Democrats, including New Hampshire Senate candidate Jeanne Shaheen.

"Obama does have support in the investment community. Among those who have donated to his campaign are billionaires Kenneth C. Griffin of Citadel Investment Group in Chicago, and George Soros of Soros Fund Management, according to the center."

Yeah, and good luck with that Giuliani candidacy, douchebag! Fuck you very much.