Posted on 07/20/2018 10:27:03 AM PDT by BBell
At a recent speech in South Africa, former President Barack Obama criticized wealth inequality, saying those who have more money should share their earnings with the less fortunate.
“Right now, I’m actually surprised by how much money I got,” Obama said of the more than $20 million he earned between 2005 and 2016.
Obama then chided wealthy individuals for excess, saying, “There’s only so much you can eat. There’s only so big a house you can have. There’s only so many nice trips you can take. I mean, it’s enough.”
“We’re going to have to worry about economics if we want to get democracy back on track,” Obama continued “We’re going to have to consider new ways of thinking about these problems, like a universal income, review of our workweek, how we retrain our young people, how we make everybody an entrepreneur at some level.”
Obama continued on income inequality, saying, “History shows that societies which tolerate vast differences in wealth feed resentments and reduce solidarity and actually grow more slowly. And when economic power is concentrated in the hands of the few, history also shows that political power is sure to follow and that dynamic eats away at democracy.” After the speech calling for rich people to get smaller houses, Obama traveled back to America and to his $8.1 million eight-bedroom, nine-and-a-half bathroom mansion in one of the wealthiest neighborhoods in the world.
So Gore and Barak Obama 2 Democrat hypocrites.
No taste. But that faux-Victorian horror! Straight out of a Shirley Jackson novel.
James Madison, in Federalist #10, treats the concept so conceived as the threat it has been in recent decades.
It shows his orientation, to be sure.
It’s as infuriating as the time we learned Al Gore’s house uses enough electricity to pretty much power Chattanooga.
Obama, Gore and the Clintons all said the same thing. They are Marxists, so they think they deserve mansions...
Well I suppose it was inevitable that this moron would climb out from under a rock and start running his mouth.
At which level do YOU want to be an entrepreneur?
I imagine a lot of his former constituents in Chicago would like to go from the street corner level to a car to a house before the state pen.
You just can't make this stuff up! Even greater than Obama's hypocrisy is the ignorance of his audience.
That nit-wit would be totally incapable of passing an economics 101 college class in my old school, and his policies proved it. He’s never generated or produced a tangible product or service in his entire life, and would be homeless without the misplaced charity of his sycophants.
Obama: “There’s only so big a house you can have. We needed extra room and extra security cause we’ve got Valerie living with us.”
won’t saudi arabia buy him a house
Maybe they did....
As do they.....
I don’t know, but what I observed was that baraq attended a lot of big bucks fundraisers and the party faithful was grumbling that he was not sharing any of those funds with the party. Media tried to cover that up.
Oh, yeah...
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