OBAMA STEPS IN IT AGAIN
Once again we are haunted by that old Obama ‘Joe the Plumber’ confrontation in the front lawn about the happiness to be had with wealth distribution.
Obama: “We’re not trying to push financial reform because we begrudge success that’s fairly earned. I do think at a certain point you’ve made enough money, but you know, part of the American way is, you know, you can just keep on making it if you’re providing a good product or you’re providing a good service.”
The theme was socialist, the target was our free economy. The spin was to take the sting away from the idea that Obama’s goal is to destroy capitalism with the fallacy that under big government we can provide good services and in turn healthy products.
He went on to relate to our greedy New York investment firms: “We had some people on Wall Street who took these unbelievable risks with other people’s money. They were making bets on what was going to happen in the housing market. They were creating these derivatives, all these instruments that nobody understood. It was basically operating like a big casino. It was producing big profits and big bonuses for them, but it was all built on shaky economics.” Yet again, the idea is that only through big government can we hope for the chance to restore American opportunity.
We are now moving into the play book of qualifying comments. The socialistic agenda of share and share alike is qualified by good products and services. The socialistic agenda of big government controlling all of the greedy investment firms is qualified by restoring opportunities.
What smooth sailing it has been for GM and all of the employees who continue to be fired. If you believe our drowning real estate market may breath again some day, wait until Greece goes broke and watch our interest rates vault. Obama told Joe the Plumber and all of us exactly what his goals were during his campaign. Why even attempt to hide them now?