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Obama: Not redistributing wealth
cbsnews.com ^

Posted on 12/11/2011 8:00:13 AM PST by Sub-Driver

Obama: Not redistributing wealth

(CBS News)

In a "60 Minutes" interview with Steve Kroft, President Obama disputes the notion he is trying to redistribute wealth with his plans to treat the country's economic ills. He tells Kroft he's just attempting to deliver the "American Deal" of a strong middle class "where everybody is able to do their part and everybody's able to succeed." Kroft spoke to the president yesterday at the White House and Tuesday in Osawatomie, Kan., for a "60 Minutes" interview to be broadcast Sunday, Dec. 11 at 7:00 p.m. ET/PT.

In the interview, Kroft points out that in his speech in Kansas, he mentioned income inequality, a phrase that suggests a need to redistribute wealth. The president quickly responded:

President Obama: Look, everybody's concerned about inequality. Those folks in there, who were listening to the speech, those are teachers and small-business people, and probably some small-town bankers, who are in there thinking to themselves, "How is it that I-- we're -- working so hard, we now have Mom and Dad working hard, maybe if they're lucky, they might have two jobs to try to pay off their house note, and it just seems like they're treading water? And meanwhile, they know that corporate profits are at a record level, that a lot of folks are doing very well. What's happened to the bargain? What's happened to the American deal that says, you know, we are focused on building a strong middle class?

(Excerpt) Read more at cbsnews.com ...


TOPICS: Front Page News; News/Current Events; Politics/Elections
KEYWORDS: 60minutes; americandeal; antiamerican; bhofascism; democrats; interview; kenyanbornmuzzie; kroft; nobama2012; obama; obamasaliar; redistributing; redistributingwealth; redistribution; stevekroft; wealth; wealthredistribution; youlie
Baloney.......
1 posted on 12/11/2011 8:00:13 AM PST by Sub-Driver
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To: Sub-Driver

This isn't wealth, I'm distributing

2 posted on 12/11/2011 8:11:47 AM PST by Vaquero ("an armed society is a polite society" Robert A. Heinlein)
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To: Sub-Driver

I don’t know, the ‘RAT politicians from Barry on down all seem to be doing pretty good. Same with all of their union thug friends and braindead donors to Barry and the DNC.


3 posted on 12/11/2011 8:18:33 AM PST by FlingWingFlyer (Stop BIG Government Greed Now!!!!)
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To: Sub-Driver

“middle class” is dem speak for unions,even union members I know want him out.


4 posted on 12/11/2011 8:20:52 AM PST by mdittmar
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To: Sub-Driver

A lot of folks ARE doing very well- especially if they own solar energy companies and donated to Obama

People who donated to Republicans, however, had all their auto dealerships taken away from them, or coal powered factories closed, or oil piplines stopped, or drilling blocked, or etc etc


5 posted on 12/11/2011 8:21:45 AM PST by Mr. K (Physically unable to profreed <--- oops, see?)
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To: Sub-Driver

Is that why I lost my job when the billionaire jet owner employer decided to sell the company last month?


6 posted on 12/11/2011 8:26:47 AM PST by FlyingEagle
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To: Sub-Driver
It depends on what your definition of redistribute is....

I wonder how long before he calls Corzine the greatest money manager of our time?

7 posted on 12/11/2011 8:27:17 AM PST by EGPWS (Trust in God, question everyone else)
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To: Sub-Driver
Redistribute? From our pockets to theirs.

I call it THEFT!

8 posted on 12/11/2011 8:35:36 AM PST by rawcatslyentist (It is necessary that a person be born of a father who is a citizen; ~Vattel's Law of Nations)
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To: FlyingEagle

Creative destruction. Few things last forever.


9 posted on 12/11/2011 8:37:33 AM PST by Paladin2
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To: Sub-Driver
And meanwhile, they know that corporate profits are at a record level, that a lot of folks are doing very well.

1. When did "doing very well" become some sort of crime?
2. Why would we want corporations to do badly when even the middle class has those investments in their portfolios?
3. When did it become not enough to have steady work, enough to eat, and a home to live in?
4. When did it become the government's job to guarantee more than that?

10 posted on 12/11/2011 8:49:11 AM PST by A_perfect_lady (Islam is as Islam does.)
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To: rawcatslyentist

I wonder what Obambi and liberals think that rich people will do with their money if the government does not spend it for them... bake it into pies?


11 posted on 12/11/2011 8:56:24 AM PST by Mr. K (Physically unable to profreed <--- oops, see?)
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To: Sub-Driver
"How is it that I-- we're -- working so hard, we now have Mom and Dad working hard, maybe if they're lucky, they might have two jobs to try to pay off their house note, and it just seems like they're treading water?

It's called taxes.

12 posted on 12/11/2011 9:05:06 AM PST by denydenydeny (The more a system is all about equality in theory the more it's an aristocracy in practice.)
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To: Sub-Driver

“where everybody is able to do their part and everybody’s able to succeed.”


“From each according to his ability. To each according to his need.”

Where have I heard this before ?


13 posted on 12/11/2011 9:09:30 AM PST by maine yankee (I got my Governor at 'Marden's')
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To: maine yankee

Marx: “From each according to his ability. To each according to his need.”

Obama: “Where everybody is able to do their part and everybody’s able to succeed.”

The sneaky little commie even got it to rhyme.


14 posted on 12/11/2011 9:19:03 AM PST by Fightin Whitey
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...
Image and video hosting by TinyPic "Look, everybody's concerned about inequality. Those folks in there, who were listening to the speech, those are teachers and small-business people, and probably some small-town bankers, who are in there thinking to themselves, "How is it that I-- we're -- working so hard, we now have Mom and Dad working hard, maybe if they're lucky, they might have two jobs to try to pay off their house note, and it just seems like they're treading water? And meanwhile, they know that corporate profits are at a record level, that a lot of folks are doing very well."
Thanks Sub-Driver.
Thanks Vintage Freeper for posting this:

Debt Ceiling Debate in a Nutshell | Creators.com | 07/29/2011 | Chip Bok | Posted on 07/30/2011 12:12:11 PM PDT by Vintage Freeper

15 posted on 12/11/2011 9:28:27 AM PST by SunkenCiv (It's never a bad time to FReep this link -- https://secure.freerepublic.com/donate/)
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To: Fightin Whitey

tiny quibble, I believe that Marx quote is actually John Stuart Mill.


16 posted on 12/11/2011 9:29:41 AM PST by SunkenCiv (It's never a bad time to FReep this link -- https://secure.freerepublic.com/donate/)
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To: rawcatslyentist

The 0bama Administration is doing an excellent job of redistributing poverty, or at least of spreading the poverty.


17 posted on 12/11/2011 9:38:41 AM PST by DanMiller (Dan Miller)
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To: Sub-Driver

This class warfare, this hatred of what he is not is so deeply ingrained in him that even his answers are rife with the demagoguery of a Marxist.

The creep has a monstrous chip on his shoulder that he carries around every day. He can’t even temper his replies without including himself. Was there ever a doubt that he is a narcissist and unbalanced?

“How is it that I— we’re — working so hard,” He considers himself hardworking and downtrodden. He is fighting back against anyone who is not him, not for anyone but himself. He is bitter, angry, vengeful and filled with hate.

Surely, the right is excited at the prospect of rubbing his nose in this Marxist manifesto he envisions for the Untied States?


18 posted on 12/11/2011 9:42:09 AM PST by Sequoyah101 (Half the people are below average.)
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To: Sub-Driver

“I’m not redistributing wealth. I’m taking money away from all the white people and giving it all to my homeys. It’s what Rev. Wright preaches. Why are you surprised?”


19 posted on 12/11/2011 9:49:47 AM PST by OrangeHoof (Obama: The Dr. Kevorkian of the American economy.)
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To: Sub-Driver
Baloney.......

Nahhh, absolutely true.

He really isn't redistributing wealth.

He's redistributing poverty.

20 posted on 12/11/2011 10:03:06 AM PST by null and void (Day 1055 of America's ObamaVacation from reality [Heroes arent made, Frank, they're cornered...])
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To: Sub-Driver

Well, I suppose there’s some truth in it. He’s not redistributing wealth in a leftie idealist kind of way. He’s redistributing it to his friends and supporters, sometimes in multi-billion dollar bundles.


21 posted on 12/11/2011 10:20:21 AM PST by Cicero (Marcus Tullius)
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To: Sub-Driver

Well, I suppose there’s some truth in it. He’s not redistributing wealth in a leftie idealist kind of way. He’s redistributing it to his friends and supporters, sometimes in multi-billion dollar bundles.


22 posted on 12/11/2011 10:20:34 AM PST by Cicero (Marcus Tullius)
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To: SunkenCiv

I don’t mind the quibble at all.

For all I know Mill might have written the phrase at some point but I can’t track that down.

Wikipedia, for what it’s worth (often not much) says Marx “popularized” the phrase but attributes it to yet a couple other ivory tower commies:

http://en.wikipedia.org/wiki/From_each_according_to_his_ability,_to_each_according_to_his_needs

No doubt Obama, who seems to read nothing, know no history, and give no thought to empirical fact, proudly thinks that he himself originated the whole bloody concept.


23 posted on 12/11/2011 10:22:10 AM PST by Fightin Whitey
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To: SunkenCiv

It would be interesting to see the total amount of income earned by the bottom 47% who pay no income taxes.


24 posted on 12/11/2011 10:23:20 AM PST by andyk (Tax credits == Welfare)
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He really isn’t redistributing wealth, he is DESTROYING THE WEALTH OF THE USA.


25 posted on 12/11/2011 11:56:18 AM PST by Leto (Damn shame Palin didn't run, The Presidency was Her's for the taking)
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To: Fightin Whitey

Marx and Obama had some things in common — a triumphant ignorance of history, a shameless penchant to nevertheless give history lessons, and, my personal favorite, never having held a job, relying on rich benefactors instead of working.


26 posted on 12/11/2011 12:03:59 PM PST by SunkenCiv (It's never a bad time to FReep this link -- https://secure.freerepublic.com/donate/)
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To: Sub-Driver

As South Carolina congressman Joe Wilson shouted to Obama during the State of the Union Address a few years ago,

“YOU LIE!”


27 posted on 12/11/2011 12:04:04 PM PST by july4thfreedomfoundation (The "Occupy Wall Street" losers should try occupying their local employment office. GET A JOB!)
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To: Sub-Driver

60 Minutes acts as the ultimate defense attorney for the Dems and prosecutor for the Republicans. Dems get to explain themselves, especially any of their missteps, with no challenge to their feel-good, evasive, even lying, answers. Republicans have to answer “some say something awful” questions and are rebutted again and again for their answers. I despise the leftist media.


28 posted on 12/11/2011 12:04:16 PM PST by Freee-dame
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To: Sub-Driver

Where is the Joe the Plumber tape?


29 posted on 12/11/2011 12:10:00 PM PST by narses
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Redistributing to me an’ my homeys.

And MY employer.


30 posted on 12/11/2011 12:13:03 PM PST by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto.)
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To: Sub-Driver

WTF not one question about Obama’s over 5 trillion dollar increase to the NATIONAL DEBT in his short 3 years. Obama has destroyed the economy because he has racked the debt to unsustainable limits and now he will be telling everyone oh we have to get the money to pay for it all from the wealthy but I am not redistributing the wealth no, not here, how does the media let him get away with this?


31 posted on 12/11/2011 12:47:44 PM PST by Typical_Whitey (Democrat socialist engineering of America is treason.)
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To: Sub-Driver

“I think when you spread the wealth around, it’s good for everybody.” Barack Obama to Joe the Plumber, October 12, 2008


32 posted on 12/11/2011 12:57:42 PM PST by raisetheroof ("To become Red is to become dead --- gradually." Alexander Solzhenitsyn)
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To: Sub-Driver

True!
He’s simply destroying America and the only beneficiary is the Socialist’s control over government, business, and the individual.


33 posted on 12/11/2011 12:59:58 PM PST by G Larry ("I dream of a day when a man is judged by the content of his Character.")
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To: Vaquero

Hey Barry, instead of worrying about slicing up the pie, how about we NOT put the bakeries out of business.


34 posted on 12/11/2011 1:20:45 PM PST by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: FlyingEagle

When government makes it impossible to make a profit, some people just stop trying


35 posted on 12/11/2011 1:24:11 PM PST by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: GeronL

Yes, the owner went Galt. No hard feelings.


36 posted on 12/11/2011 1:36:18 PM PST by FlyingEagle
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To: Sub-Driver

No, no - it’s true.

He’s redistributing the money to his friends and allies.

What you thought he was going to redistribute it to nobodies who can’t do anything for him?

So it’s not really “redistribution” - it’s more like...well, I would say “theft” but that is illegal and what Obama’s doing is just fine. :)


37 posted on 12/11/2011 1:39:58 PM PST by Tzimisce (Never forget that the American Revolution began when the British tried to disarm the colonists.)
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To: Vaquero

You can’t redistribute that which is disappearing or never coming into being.


38 posted on 12/11/2011 1:47:35 PM PST by Eleutheria5 (Diplomacy is war by other means.)
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To: Sub-Driver

You know, part of the problem is that the Federal Reserve has kept the interest rates so low that anyone with some money in savings are not doing well at all, especially if they are depending on at least part of their savings income to live - like those in retirement. Banks, etc are doing so well partly based on low interest rates on funds and if banks can’t make money now they will never make money. They are lending at 5.00% to 8.00% using funds paying .25% - such a deal, except for those that are supplyng the funds practically free.

The Federal Reserve should step up rates.


39 posted on 12/11/2011 3:36:50 PM PST by motivated
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To: Fightin Whitey
Obama: “Where everybody is able to do their part and everybody’s able to succeed.”

It used to be that most people, from the lowliest stable hand to the highest of royalty, could have the same ambition: to through their own efforts make their childrens' lives better than their own. Those who suggest that every child should have an equal chance at success would deny people the primary ambition which has held society together for millennia.

40 posted on 12/12/2011 5:51:21 AM PST by supercat (Renounce Covetousness.)
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To: supercat

“...Those who suggest that every child should have an equal chance at success would deny people the primary ambition which has held society together for millennia. ...”

But we all DO have an “equal chance at success” already.

It’s the personal ambition and initiative that makes the difference.

Socialism takes the person with drive, ambition, and initiative and puts him on the same level as the lazy worthless POS that has ZERO of those same qualities, and robs the products of one man’s hard labor to “equalize” the outcome for the worhtless POS.

We all DO have an equal chance for success here in this country; it’s up to the person to run the race to achieve it.

Obama and his ilk are playing on race jealousy, class jealousy, gender jealousy, and playing to every base instinct of greed and avarice that they have studied in people in their universities and study groups.

This is a carefully orchestrated act, and it works because there will ALWAYS be folks who are more successful because of hard work, quicker instincts and better intellect, and maybe just a little bit more luck (I’ve found that you basically make your own luck, though, just by paying attention and taking advantage of opportunities when they are presented to you).

And there will always be those who want what the other guy has, but are not willing to go the distance for it. And this is the liberal base that they play to in order to keep power.


41 posted on 12/12/2011 9:51:17 AM PST by NFHale (The Second Amendment - By Any Means Necessary.)
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To: NFHale
But we all DO have an “equal chance at success” already.

People do not all have an equal chance of success. People with really crummy parents have a much lower chance of achieving "success", almost no matter how it's measured, than people with good parents. While it's unfortunate that some people have really crummy parents, there's a limit how much one can do to limit the damage caused by bad parents, without creating more problems than one solves.

42 posted on 12/13/2011 4:30:32 PM PST by supercat (Renounce Covetousness.)
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To: supercat

I have to disagree with you, Super.

Personal initiative and drive can and usually does overcome things like that. This country is full of success stories. I personally know people who survived and overcame the scenario (as well as other, worse scenarios - alcoholic, abusive, and worse) who grew up, and went on to have thriving, productive and successful lives because they refused to be part of the vicious cycle.

Just a difference of opinion, friend.


43 posted on 12/13/2011 5:30:34 PM PST by NFHale
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To: NFHale
Personal initiative and drive can and usually does overcome things like that.

It certainly can overcome such things. And perhaps it would "usually" do so in cases where people actually manage to exercise some real initiative. On the other hand, people whose parents teach them how to exercise personal initiative would seem far more likely to do so than those whose parents teach them to leach off others.

44 posted on 12/13/2011 6:50:56 PM PST by supercat (Renounce Covetousness.)
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