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Billionaire close to tears amid fears of "lefties" like AOC, Bernie Sanders (www.newsweek.com)

submitted 1 year ago by [email protected] to c/[email protected]

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Billionaire Leon Cooperman was on the verge of tears while speaking about his concern about "the lefties" and their progressive outlook on capitalism.

"I've lived the American dream. I'm trying to convince people like [Senators] Elizabeth Warren, Bernie Sanders and AOC (Rep. Alexandria Ocasio-Cortez)—don't move away from capitalism. Capitalism is the best system," Cooperman said on CNBC's Squawk Box on Friday while holding back tears. "I get choked up when I talk about it because basically, my father came to America at the age of 12 as a plumber's apprentice. No education."

"I went to public school in the Bronx, high school in the Bronx, college in the Bronx. I started my career in Wall Street the day after I got my MBA from Columbia. I had no money. I couldn't afford a vacation. I made a lot of money. I'm giving it all back," Cooperman said before co-anchor Rebecca Quick stepped in as he choked up.

"Giving it all back?" Give me a fucking break, asshole.

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[–] [email protected] 3 points 1 year ago

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Billionaire Leon Cooperman was on the verge of tears while speaking about his concern about "the lefties" and their progressive outlook on capitalism.

I'm trying to convince people like [Senators] Elizabeth Warren, Bernie Sanders and AOC (Rep. Alexandria Ocasio-Cortez)—don't move away from capitalism.

Capitalism is the best system," Cooperman said on CNBC's Squawk Box on Friday while holding back tears.

A Gallup poll from August 2022 found that 52 percent of Americans think the government should redistribute wealth through heavy taxes on the rich.

Numbers that confirm earlier surveys, like a September 2021 Morning Consult poll that found 74 percent agreed with the statement, "The wealthiest Americans should pay higher taxes," and a Marist poll from July 2019 that showed 62 percent of Americans saying a higher tax rate on income above $1 million is a good idea.

Cooperman published a memoir over the summer, called, From The Bronx To Wall Street: My Fifty Years in Finance and Philanthropy.

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