Pundits are making a great deal out of Obama's ad-lib statement during his speech on financial reform in Quincy, Ill., about profits and earnings. But his prepared remarks are just as revealing, even if not obviously so, of his profit aversion and his belief in government control over the private economy.
In his prepared remarks, Obama said: "Now, we're not doing this (financial reform) to punish these firms or begrudge success that's fairly earned. We don't want to stop them from fulfilling their responsibility to help grow our economy." But live, he added, among other things, "I do think at a certain point you've made enough money."
Let me first address his prepared comments, about which I haven't heard much criticism. He assured us he wasn't pushing the financial reform bill -- his latest socialist (actually, it's closer to fascist, but why pick nits?) monstrosity -- to punish success that's fairly earned.
Well, why do you suppose he needs to assure us he's not intending to "punish"? A little subconscious admission perchance? Remember, he protests that he's a fierce advocate of the free market. Remember also that he is allowing the Bush tax cuts -- because they are "tax cuts for the wealthy," who don't pay "their fair share" -- to expire, not to mention the host of other taxes he is imposing on the "rich" -- and many on the rest of Americans, too, despite his pledge not to.
Please put aside for now the outrageousness of this ongoing lie designed to divide America by income groups and to win Democratic votes through propaganda and demagoguery. Of course the rich -- especially the top 1 percent, 5 percent and 10 percent -- pay a higher percentage of income taxes than the poor and also pay more in actual taxes, while the bottom half of income earners pay a negligible amount.
The point for now is that Obama says he wants to rectify the tax code to make the "wealthy" start paying their fair share, as if they don't already. And you don't need to be Freud to realize his prepared remarks reveal that his true motives include punishment. You just need to have paid attention to his statements and behavior since he bopped onto the national stage.
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