How Obama Himself Made More Than 'Enough Money'

The American Thinker ^ | May 03, 2010 | Jack Cashill

[Scanian]

In defending his administration's efforts at putative financial reform, President Obama suggested a ceiling, perhaps government-imposed, for Wall Street executives. Although he did not begrudge them income that is "fairly earned," he added ominously, "I do think that at a certain point, you've made enough money."

The president may be projecting guilt from his own excellent adventures in greed. A surprising 2006 article for the American Century Foundation by liberal publisher Peter Osnos sheds useful light on this subject. As Osnos relates, a 1990 New York Times profile on The Harvard Law Review's first black president caught the eye of a hustling young literary agent named Jane Dystel.

Dystel persuaded Obama to put a book proposal together, and she submitted it. Poseidon, a small imprint of Simon & Schuster, signed on and authorized a roughly $125,000 advance in November 1990 for Obama's proposed memoir.

[Northern Yankee]

Do as I say, not as I do.

It is the arrogance of the left that will be their undoing in November. They think they should lord over everyone else in regards to lifestyles, as they continue to amass their own fortunes.

Good grief!

[myknowledge]

They never lead by example, but unfortunately, the so-called congressional elections win in November is an illusion. With many congressmen bought and paid for by the globalist elite, there is no difference they can make.

[Pravious]

I like to think it will be their undoing, but I fear for the worst. After all, 50% of America was stupid (or treasonous) enough to vote for a completely inexperienced do-nothing Liberal Senator for President - mostly because of his skin color (but, of course THAT’S never considered “racism”).

I mean, so WHAT if he sees himself as Mussolini Jr. and personally wants the power to oversee everything that goes on in the Country? According to the lapdog media - as they manage to remind us a thousand times a day, every day - the guy can do no wrong (witness the current oil spill, and then just imagine how they’d be covering the President’s performance if G.W. Bush were still in office). With a propaganda machine like that, coupled with the entrenched and constant liberal indoctrination in our schools (coupled with the left’s intimidation tactics and outright voter fraud) it’s hard to feel like the deck isn’t stacked against us come November.

But we’ll see. I hope for the best, of course... that EVERY SINGLE Democrat in the country who’s up for office loses. All of them.

Then I’ll begin hoping that the guys on our side can actually grow a pair and do something to de-power The Anointed One.

[Liz]

When does Ohaha think he has enough of our tax dollars?

THE NEVERENDING WH SLUSH FUNDS Obama already has huge slush funds:

(a) 80% of the trillion dollar stim is unspent and under his control......that he is hoarding to finance endangered Dems.

(b) June 9, 2009 Obama announced, "Several financial institutions are set to pay back $68B to taxpayers." Taxpayers assumed the $$$ would be returned to the general funds from whence it had come .......in order to pay down the debt. The truth, however, is that the money returned is finding new life as part of what amounts to a Treasury Dept-controlled slush fund....to finance candidates.

(c) Remember that the first four years of ObamaCare is to amass $$billions. Period. Healthcare does not kick in til 2014.

ENRON ACCOUNTING SCAM Another Ohaha gimmick pushes much of the Healthcare legislation’s costs off the federal budget and onto the private sector by requiring individuals and employers to purchase health insurance....or pay a hefty fine or go to jail (only illegals are exempt from this provision).

=================================

Any fool can plainly see that Ohaha is frantic----rushing to get money into the hands of ACORN, SEIU, immigrant groups, unions and others, BEFORE the Nov 2010-12 elections.

Even stupid Dems know that, for them, it's curtains in 2010-12---unless massive voter fraud takes place. They need to buy votes, and are pulling out all the stops to get billions into the hands of their operatives---ACORN, SEIU, immigrant groups, unions, and others.

[Liz]

CIRCA Sept 15, 2009 A SHOCKING DISPLAY OF OBAMA'S THIRST FOR POWER FOX News' Judge Napolitano notes: if implemented, the unconstitutional proposals Obama urged in his Sept 2009 speech to Wall Street will amount to a final coup d’état by banksters, their technocrats and enforcers, at the Federal Reserve (*the privately-held bankster cartel that masquerades as a government agency).

Obama's "reforms" would install a dictatorial regulatory power controlled by international bankers oer the entire US economy — down to the local grocer and hot dog vendor on the corner. It will control our lives down to the smallest detail. It will require us to ask permission for the most mundane and routine of financial transactions. IT MUST BE BE RESISTED AT ALL COSTS.

VIDEO LINK AVAILABLE Judge Andrew Napolitano On Obama/Bankster Takeover

[Calm_Cool_and_Elected]

ping

[Ann Archy]

Since he made $5,000,000.00 LAST YEAR, I would say, yes...he made enough...(what’s good for the goose is good for the gander).

[freedomfiter2]

As long as someone is providing a good or service, they aren’t making too much money. Exceptions would be government supported monopolies.

[Made In The USA]

“I do think that at a certain point, you’ve made enough money.”

I’ll be sure to let one of WNY billionaires know that - he just gave another 10 million out of his pocket for a hospital expansion in Rochester, NY.

[Vaduz]

Administration’s efforts at putative financial reform = Limit income take the rest.

[driftless2]

You know it’s becoming laughably ridiculous to hear people, many on the right, who question the use of the term socialist to describe Obama. They sincerely wonder why people would call The Great Spreader socialist. Gee whiz, I don’t know, maybe it’s because he uses phrases like “spreading the wealth” and now the one about making enough money. He says these kinds of things all the time. How many more examples do we need?