Obama In 1998: "I Actually Believe In Redistribution" - YouTube
Yep...
And if the "Free Press" didn't agree with it, they would be Brutalizing him with it like they are Romney right now over the 47% tape...
Son, you need to widen your optic and approach this issue from a place outside the Rightwing message system.
Our system has been redistributing money to the wealthy from day one. Do you understand the point of lobbying? It is to get subsidies, bailouts, and tax free access to infrastructure.
Research how commercial aviation was launched. Research Boeing. Research the pure redistribution from the taxpayer into the hands of private profit makers. Or, research the patent system, which allows corporations to get monopoly protection so as to avoid being disciplined by market competition.
My young naive son. Research the way the state of California awarded monopolies to their too largest cable/internet providers Cox and Charter. There is not one city in California where these companies are forced to compete directly. You know why Charter and Cox don't want to compete Son? Because the market would force them to offer lower prices and better service to retain market share. Competition benefits the consumer but corporations hate it - because they can't raise rates on consumers who have other options.
Do know what large corporations like Cox and Charter do son? They pour money into government so they can divide the state into fixed no-competes - same with health care. This allows them to raise rates and cut service without fear of losing customers.
By eliminating market competition, government helps corporations redistribute money from poor consumers to shareholders.
Research the 2003 GOP Drug Bill, specifically what Eli Lilly did to eliminate drug competition so that it could get a no-bid, soak-the-taxpayer access to medicare drug distribution.
Research how many health care providers exist in the state of Iowa. Research how much money was paid to make this happen.
Corporations -
the private sector - lobbies Washington in order
to get rid of competition. This enlarges their market share and increases the payout to investors. But it does something else son. It redistributes money from captive consumers to the artificially rigged monopolies.
Or what about when the government gives tax breaks to corporations who ship jobs overseas? These corporations depend on government services, specifically the Pentagon, which protects their supply chains and trade routes. Who do you think subsidizes the stabilization of dangerous parts of the "developing" world where corporations get their sweatshop labor and raw material? Answer: the public. It's called redistribution.
Study the US patent system, which is the most monopoly friendly in the world. Research who pays to maintain it. Then research what a patent means to a company, specifically the way it gets rid of competition and transfers money from captive consumers to shareholders. It's called redistribution son.
Son, research the military Keynesianism that ended the great depression.
The government put the nation to work building war materials. Then when the war ended, the industrial infrastructure was handed to the private sector. Research government subsidies and government funded research inside computer/internet/biotechnology. Research how the technology that came out of the Cold War Pentagon/NASA budgets fueled the 80s consumer electronics revolutions. Do you even know the kind of technology that was developed by the Pentagon and NASA? And do you know where that technology ended up?
Before you talk about redistribution you should realize that profit-makers have been standing on the shoulders of tax payers since the ******* beginning. They have received more redistribution than any two-bit welfare queen by an unimaginable factor. The point of being a large corporation is to go to Washington and lobby for access to the taxpayer's wallet. The point of the Reagan Revolution (which was so beautifully represented in Tom Delay's K Street) was to give corporations more efficient access to government welfare.
And let's not talk about the bailouts from Reagan's S&L's to Bush's meltdown. The USA has been reduced to an ATM for the recklessness of elite investors. Corporations, the private sector, John Galt, has been bailed out to the tune of trillions more than any collection of welfare queens.
Government has redistributed trillions to the private sector. You need to include this in your thinking, otherwise it seems like your information came directly from the Republican Party. There is such a big world out there. It's way more complex than you've been lead to believe.
