Obama In 1998: "I Actually Believe In Redistribution"

[Chris]

Obama did say that he believes in spreading the wealth around. Remember, he said that to Joe the Plumber after Joe asked a question. The liberals panicked at his slip up and immediately attacked some guy for asking a question. They investigated Joe and tried to ruin him. All because they couldn't deal with Obama telling the truth about his plans for other peoples' money.

If you don't believe words that come out of Obama's own mouth, just look at his policies and you'll see he means it when he says the wealth should be spread around. Welfare rolls are the highest ever. Unemployment is the highest ever. Foreclosures are the highest ever. And he thinks the grade he deserves is incomplete. He means that he needs more time to complete the destruction of capitalism so he can rebuild the country the way he wants. His huge ego causes him to believe he is smarter than our forefathers and he seems to think they got it wrong.

Umemployment has dropped from 10.2% to 8.1%
The stock market has doubled since the stimulus.
4.5 million private sector jobs have been created since 2009.
GDP has been growing since 2009.
Americans net worth is up $10 trillion dollars since 2009.
Auto sales are up. Retail sales are up. Home sales are up.
Bin Laden is dead, and GM is alive.
Obama has done a very good job.

Employment in this country hits 30 year low. There are 23 million Americans either unemployed or underemployed. August 2012 jobs report.
August jobs report: hiring down, unemployment falls - Sep. 7, 2012

Medium household incomes have dropped more than $4000.00 since Obama took office.
Household income is below recession levels, report says - The Washington Post

One in six families now living beneath the poverty level.
Almost 1 in 6 Americans living below poverty line - Americas - World - The Independent

16 trillion dollars in red ink, with another 5 trillion to be added to this tab--just for interest over the next decade.
National debt: Washington's $5 trillion interest bill - Mar. 5, 2012

46 million Americans receiving food stamps.
SNAP/Food Stamp Participation « Food Research & Action Center

Consumer Confidence at lowest level in decades.
Consumer confidence - Aug. 28, 2012

"When you don't have a record to run on, you need to paint your opponent as someone people should run from"--Barack Obama

George W. Bush inherited a strong economy, a budget surplus, and a nation at peace.

Eight years later, he left Obama with a shattered economy, a trillion dollar deficit, and two useless wars.

Obama saved the country from another Great Depression, rebuilt GM, reformed healthcare, reformed Wall Street, doubled the stock market, created 12 straight quarters of GDP growth, created 30 straight months of private sector job growth, got Bin Laden, got Gaddafi, and got us out of Iraq.

And now with the automatic spending cuts and the expiration of the Bush tax cuts in 2012, Obama has solved the deficit problem as well.

Obama has done a very good job.

 

[oreo]

Old news. I heard this back in 2008.



A bunch of people oon here do that. As soon as they see something on CNN or Fox they run to their computer so they can be the first to parrot it.

I have NEVER heard this video BEFORE--Nice Try---and I pay attention to politics like no one else. If this video would have been out in 2008 when McCain was running for office--it would have been in every ADD on every station through-out the nation.

But it finally explains it. Why there are 47% of this nation that pay no federal income tax--and why Obama has continually pounded the drum to raise taxes on the 200K crowd and over.

Here are the 47% er's and as you can see--the majority of them would not be considered "pennyless"---

47% of households owe no tax - and their ranks are growing - Sep. 30, 2009

Along with this comment from a DEMOCRAT CEO.

"I'm saying it bluntly, that this administration is the greatest wet blanket to business, progress and job creation in my lifetime. A lot of people don't want to say that. They'll say, 'Oh God, don't be attacking Obama.' Well, this is Obama's deal, and it's Obama that's responsible for this fear in America."

"The guy [Obama] keeps making speeches about redistribution, and maybe 'we ought to do something to businesses that don't invest or hold too much money.' We haven't heard that kind of talk except from pure socialists."

"Business is being hammered. The business community in this country is frightened to death of the weird political philosophy of the president of the United States. Until he's gone, everybody's going to be sitting on their thumbs."

Democrat CEO--Steve Wynn
Steve Wynn's Anti-Obama Rant - Is He Right? - CBS News

Welcome to Obama flood the basement economic policies--the HORRIBLE August 2012 jobs report. Employment in this country hits 30 year low.
August jobs report: hiring down, unemployment falls - Sep. 7, 2012

"When you don't have a record to run on, you need to paint your opponent as someone people should run from"--Barack Obama

Half of Americans pay no taxes? This is the Big Republican Lie.

81% of Americans pay federal taxes including payroll taxes for Medicare and Social Security and income taxes. In addition they also pay state taxes, sales taxes and property taxes.

Of the 19% who pay no federal taxes 95% are elderly on fixed incomes or working families.

What kind of political party attacks the elderly and the working poor?.....the Republican Party.

I believe CNN is a liberal news source--LOL. You want to try again. Social security benefits (ARE NOT TAXED)-when you hit 66 years of age.

NEW YORK (CNNMoney.com) -- Most people think they pay too much to Uncle Sam, but for some people it simply is not true.

In 2009, roughly 47% of households, or 71 million, will not owe any federal income tax, according to estimates by the nonpartisan Tax Policy Center.

Some in that group will even get additional money from the government because they qualify for refundable tax breaks.

The ranks of those whose major federal tax burdens net out at zero -- or less -- is on the rise. The center's original 2009 estimate was 38%. That was before enactment in February of the $787 billion economic recovery package, which included a host of new or expanded tax breaks.

The issue doesn't get a lot of attention even as lawmakers debate how to pay for policy initiatives like health reform, whether to extend the Bush tax cuts and how to reduce the deficit.

The vast majority of households making up to $30,000 fall into the category, as do nearly half of all households making between $30,000 and $40,000.

As you move up the income scale the percentages drop.

Nearly 22% of those making between $50,000 and $75,000 end up with no federal income tax liability or negative liability as do 9% of households with incomes between $75,000 and $100,000.

Of course, income taxes don't tell the whole story. Workers are also subject to payroll taxes, which support Social Security and Medicare.

When considering federal income taxes in combination with payroll taxes, the percent of households with a net liability of zero or less is estimated to be 24% this year, according to the Tax Policy Center's estimates.

A key reason why there is a zero-liability group at all is because the U.S. tax system is progressive. Those who bring in more money pay more than those lower down the income scale to support government functions such as national defense and social safety nets like Medicaid for those in need. That progressivity can be dialed up or down.

"Some think it's too progressive. Some don't think it's progressive enough," said Roberton Williams, a senior fellow at the center.

President Obama falls into the latter camp. He has proposed increasing the income tax burden on families making more than $250,000 and individuals making more than $200,000, while offering new measures to reduce the tax bite for most Americans making less.

One of Obama's proposals is to extend the 2001 and 2003 Bush tax cuts for everyone except high-income tax filers, which was the group that derived the most benefit from those cuts.

As a result, under Obama's budget, he would keep the ranks of the non-payers higher than they would otherwise be.

47% of households owe no tax - and their ranks are growing - Sep. 30, 2009

 

[oreo]

Old news. I heard this back in 2008.



A bunch of people oon here do that. As soon as they see something on CNN or Fox they run to their computer so they can be the first to parrot it.

I have NEVER heard this video BEFORE--Nice Try---and I pay attention to politics like no one else. If this video would have been out in 2008 when McCain was running for office--it would have been in every ADD on every station through-out the nation.

But it finally explains it. Why there are 47% of this nation that pay no federal income tax--and why Obama has continually pounded the drum to raise taxes on the 200K crowd and over.

Here are the 47% er's and as you can see--the majority of them would not be considered "pennyless"---

47% of households owe no tax - and their ranks are growing - Sep. 30, 2009

Along with this comment from a DEMOCRAT CEO.

"I'm saying it bluntly, that this administration is the greatest wet blanket to business, progress and job creation in my lifetime. A lot of people don't want to say that. They'll say, 'Oh God, don't be attacking Obama.' Well, this is Obama's deal, and it's Obama that's responsible for this fear in America."

"The guy [Obama] keeps making speeches about redistribution, and maybe 'we ought to do something to businesses that don't invest or hold too much money.' We haven't heard that kind of talk except from pure socialists."

"Business is being hammered. The business community in this country is frightened to death of the weird political philosophy of the president of the United States. Until he's gone, everybody's going to be sitting on their thumbs."

Democrat CEO--Steve Wynn
Steve Wynn's Anti-Obama Rant - Is He Right? - CBS News

Welcome to Obama flood the basement economic policies--the HORRIBLE August 2012 jobs report. Employment in this country hits 30 year low.
August jobs report: hiring down, unemployment falls - Sep. 7, 2012

"When you don't have a record to run on, you need to paint your opponent as someone people should run from"--Barack Obama

Half of Americans pay no taxes? This is the Big Republican Lie.

81% of Americans pay federal taxes including payroll taxes for Medicare and Social Security and income taxes. In addition they also pay state taxes, sales taxes and property taxes.

Of the 19% who pay no federal taxes 95% are elderly on fixed incomes or working families.

What kind of political party attacks the elderly and the working poor?.....the Republican Party.

I believe CNN is a liberal news source--LOL. You want to try again. Social security benefits (ARE NOT TAXED)-when you hit 66 years of age--ya ditto head.

Payroll taxes (social security and medicare) are NOT income taxes--ya dumb ass. You and your employer pay into those required funds for YOUR benefits for YOUR old age.

NEW YORK (CNNMoney.com) -- Most people think they pay too much to Uncle Sam, but for some people it simply is not true.

In 2009, roughly 47% of households, or 71 million, will not owe any federal income tax, according to estimates by the nonpartisan Tax Policy Center.

Some in that group will even get additional money from the government because they qualify for refundable tax breaks.

The ranks of those whose major federal tax burdens net out at zero -- or less -- is on the rise. The center's original 2009 estimate was 38%. That was before enactment in February of the $787 billion economic recovery package, which included a host of new or expanded tax breaks.

The issue doesn't get a lot of attention even as lawmakers debate how to pay for policy initiatives like health reform, whether to extend the Bush tax cuts and how to reduce the deficit.

The vast majority of households making up to $30,000 fall into the category, as do nearly half of all households making between $30,000 and $40,000.

As you move up the income scale the percentages drop.

Nearly 22% of those making between $50,000 and $75,000 end up with no federal income tax liability or negative liability as do 9% of households with incomes between $75,000 and $100,000.

Of course, income taxes don't tell the whole story. Workers are also subject to payroll taxes, which support Social Security and Medicare.

When considering federal income taxes in combination with payroll taxes, the percent of households with a net liability of zero or less is estimated to be 24% this year, according to the Tax Policy Center's estimates.

A key reason why there is a zero-liability group at all is because the U.S. tax system is progressive. Those who bring in more money pay more than those lower down the income scale to support government functions such as national defense and social safety nets like Medicaid for those in need. That progressivity can be dialed up or down.

"Some think it's too progressive. Some don't think it's progressive enough," said Roberton Williams, a senior fellow at the center.

President Obama falls into the latter camp. He has proposed increasing the income tax burden on families making more than $250,000 and individuals making more than $200,000, while offering new measures to reduce the tax bite for most Americans making less.

One of Obama's proposals is to extend the 2001 and 2003 Bush tax cuts for everyone except high-income tax filers, which was the group that derived the most benefit from those cuts.

As a result, under Obama's budget, he would keep the ranks of the non-payers higher than they would otherwise be.

47% of households owe no tax - and their ranks are growing - Sep. 30, 2009

 

[Interpol]

So, this thread proves that Obama's been consistently for a fair and balanced redistribution of wealth, while it ignores the fact that in 2002, Mitt Romney was for abortion.

 

[C_Clayton_Jones]

Another one!

Identical topic titles and everything. Kind of creepy.


.

More like desperate and pathetic.

 

[Lakhota]

Sooo, is "oreo" black on the outside and white on the inside? He sounds like Allen West.

 

[editec]

Well its damned obviously that some means of redistribution must happen otherwise the game ends once few enough people gain too much of the overall cash available.

Now mostly money gets redistributed though the normal course of business, but if tax laws and social policies get too lopsided, then the problem of wealth inequity makes the capitalist game much less efficient.


Basically, that's the problem we're facing right now.

 

[Claudette]

Fake video!

Did Obama or did not Obama say to Joe the plumber he wants us to Share the wealth.. Same thing is what he is saying here but using bigger words

[ame=http://www.youtube.com/watch?v=PUvwKVvp3-o]'Joe the Plumber' Becomes Focus of Debate - YouTube[/ame]

Well hell. If Barry and all likeminded want to share their wealth they are certainly free to do so.

Just leave the rest of us alone.