Monday, October 27, 2008
- Obama's Dedication To 'Redistribution Of Wealth'
This is the 2001 audio of Barak Obama that you've probably been hearing all about if you follow alternative media, and that you've heard nothing about if you stick to the mainstream news. If you can't stand to listen to the guy (like I honestly can't) then it can be tough to get through, but basically he's saying what a "tragedy" he thinks it is that the Supreme court didn't focus more on "wealth redistribution" as part of the civil rights movement.
It doesn't mean that he's going to embrace the stupider ideas of the victim-ologists like Slavery Reparations, (although if I'm not mistaken he stopped just short of supporting the idea early in the campaign) but it does give you an idea of what he thinks is fair. I think it makes it pretty clear that the doesn't think the people who earned the money have as much right to it as the people that didn't, and he will more than likely take it from the first set of people for no reason other than to give it to the second.
This is profoundly bad economics and will only result in job loss, and slower economic growth. That may not seem like a big deal to you today, but in three months when the credit crisis is no longer a theoretical concept and is being felt by the man on the street, all of America will realize what a mistake Obama's economic outlook for America is.