You know the stereotypes already. Both Obamas come from what might loosely be called the intellectual/academic meritocracy, the "liberal elite," the post-WASP Ivy League, easily caricatured as the world of free-trade coffee, organic arugula, smug opinions, and Martha's Vineyard. The Romneys, by contrast, belong to the financial oligarchy, the "global elite," the post-financial-deregulation world which is just as easily caricatured as one of iced champagne, offshore bank accounts, dressage trainers, and private islands. The two groups have some important overlaps. Though Romney got some attention for holding a fundraiser in the Hamptons last week, it is Obama who has raised more money in the Hamptons overall (the president scored particularly well in Sagaponack, by one account, where the median home sells for $4.4 million).
Source: http://feeds.slate.com/click.phdo?i=db4d3787204caeab0b08f598cab2a4d4
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