'Today': Haircut to Hedge Fund, Dee Dee Digs at Edwards
At about 7:08 am EDT this morning, Meredith Vieira began a tour of the presidential horizon with Myers and conservative commentator and radio talk show host Laura Ingraham. Talk turned to Edwards, and Vieira framed the issue in a manner not particularly flattering to the ex-trial lawyer.
View video here.
TODAY CO-HOST MEREDITH VIEIRA: You have Democratic candidate John Edwards, who portrays himself as a man of the people but obviously a very rich man of the people. He has assets of just under $30 million and earned another $500,000 last year working for a hedge fund. So who has the bigger image problem, do you think, John Edwards or Giuliani? [Note: the panel had previously discussed Rudy's recent earnings of $16 million].Ingraham declined to bite at Vieira's class-warfare bait.
LAURA INGRAHAM: I don't think American people are concerned with what your portfolio says or how much money you've made. I think they're concerned with where you're going to take the nation.Myers was considerably less forgiving.
DEE DEE MYERS: But I do think that in the short term the press is going to make an issue out of the fact that he talks a lot about poverty and he works for a hedge fund, which is a very lucrative investment vehicle available only to the wealthiest Americans. He talks about poverty but he lives in a huge house. He talks about poverty but he pays $400 for his haircut. Those may not be fair but in the short run I think they're going to cause him a little heartburn. You know, I don't think you need to be a consultant to a hedge fund or invest in a hedge fund to learn how capital markets work and how they affect poverty in this country, and I'm not sure that explanation sticks.Ouch!
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