Tag Archives: Win Smith

Win Smith’s 47% Moment

What’s this in my inbox? Why, it’s a heart-rending tale from the desk of Win Smith, co-owner of the Sugarbush ski resort and president of the Vermont Business Roundtable. And former Merrill Lynch executive. And reportedly a member of a secret Wall Street society described as “‘”a sort of one-percenter’s Friars Club’ whose annual dinners are filled with elitist, sexist and homophobic humor.”

(Bruce Lisman’s also a member, but I digress.)

Smith’s business partner in Sugarbush is, of course, State Rep. Adam Greshin, who wrote and lobbied for an amendment that forestalls a significant increase in Sugarbush’s sizable utility bills. And was, dubiously and privately, cleared by the House Ethics Panel.

Smith’s essay is being distributed to Vermont news outlets; I’m sure it will shortly be cluttering up your local paper’s content-hungry Op-Ed page. It’s a pretty amazing piece of work, managing to be both politically and literarily obnoxious. It’s a subtle retelling of stale conservative myths about poverty and government. You know the stuff: welfare mothers with Cadillacs, poor folks lulled into dependency by public-sector largesse, and the myth that “47% of Americans pay no taxes” and therefore have no stake in responsible government.

Smith begins with the sad story of “a childhood friend of mine” whose mother expressed her love by serving “large portions of tasty food.”

Unfortunately, Mom’s generosity had deadly results.

Continue reading

Advertisements