Fact check: Obama said he would 'spread his wealth around'? (CNN continues the lies for Obama)

cnn ^ | 10/18/2008 | cnn

[tobyhill]

The Statement Republican presidential nominee Sen. John McCain, during a speech on October 16 outside Philadelphia, recounted the story of "Joe the Plumber," a man who held a conversation with Democratic candidate Sen. Barack Obama and who became the surprise star of the candidates' October 15 debate when McCain gave an account of the story. McCain said the man told Obama, "'Look, I've been working all my life — 10, 12 hours. I want to buy the business I'm in, but you're going to raise my taxes.' And you know what Senator Obama had to say to Joe? He wanted to spread his wealth around. He wanted to spread his wealth around."

Get the facts!

The Facts Sen. Obama had been campaigning outside Toledo, Ohio, on October 13 when he met Joe Wurzelbacher, 34, who works for Newell Plumbing & Heating Co., a small firm in the Toledo area. "I'm getting ready to buy a company that makes $250-270-80 thousand a year," Wurzelbacher said. "Your new tax plan is going to tax m more, isn't it?"

Obama explained his tax plan during the roughly five-minute exchange — telling Wurzelbacher that the tax rate on the portion of his income that was more than $250,000 would be increased from 36 percent to 39 percent.

[tobyhill]

Here's a fact, under Obama someone making $250,000 will see their taxes increase $7,500 a year or $625 a month.

[Texas Eagle]

That’s why nobody watches The Cartoon News Network.

[i_dont_chat]

Yeah, sure.

Just like Hussein Obama shares his wealth with his brother who lives in a third-world country, in poverty, on about $12 a year.

If Hussein really believed in spreading HIS wealth around, don’t you think he’d help with own flesh and blood?

No, he wants to spread other people’s wealth around.

[allmendream]

Notice what is missing from the “0bama explained...” bit?

Oh yes, a DIRECT QUOTE from the 0bamessiah. Must be nice to have the MSM pounce in to explain what you REALLY meant.

[GVnana]

BWAHAHAHA! Well we knew factcheck was phoney, but this blatant cover-up seals the deal in my estimation.

"Spread the wealth around" is exactly what he said and we all know what that means.

Obama, I'm not interested in giving your "tax credits" to people who don't pay taxes. That's welfare. You're creating a welfare state. Get out of my wallet!

[Jeff Head]

He told Joe that in his experience is is a good thing to share the wealth when Joe asked him why he would be taxed more for success if he were able to buy that business.

Joe smoked out the marxist mantra in Obama..."share the wealth" when the government is doing it is "redistribute the wealth".

http://www.jeffhead.com/joeplumber.htm

[tobyhill]

rOB A MAn

[OCCASparky]

Who are you going to believe—Clinton News Network or your own lying ears?

[SaintDismas]

They are now scared to death that this one phrase has lost it for them.

[runfree]

CNN's Factcheckers pulled the same crap about whether Biden had said he wanted to split Iraq into three regions or not. CNN said he did not want three regions, of course if their factcheckers could use Google they would have found this story from 2006 on NPR.

[Las Vegas Ron]

<>i.... his plan includes a 50 percent small-business tax credit for health care and a proposal to eliminate the capital-gains tax for small businesses that increase in value

What an absolute ignorant putz. This man knows nothing about business let alone managing an economy

McCain needs to hammer this marxist view hard.

It is very easy for the average "Joe" to comprehend and is the average American dream to be their own boss.

[AmericanGirlRising]

I transcribed the entire conversation for my blog - this “fact check” story is an OUT and OUT LIE!
http://redgirlrising.blogdns.net/joe-exposes-the-socialism/

Since the interview JTP told the AP that Obama’s statements were “right out of Karl Marx’s mouth.”

Ever notice that CNN makes no secret that they’re not news for the people? You couldn’t find an email address or phone number on their site if your brain was wired with the most advanced webbot ever.

[Just Another Lurker]

I heard Obama explain that the failed Bush economic policies that he refers to are the Bush tax cuts and that he would let them expire. I have also heard him say that the 95% of the people whose taxes that would be lowered are based on the tax rate they were paying in 2000 not on what they are paying now. I am confused why no one has been calling him on this.

[Prole]

Yeah, and if Americans don't give Obama their hard-earned money, the IRS will ruin people's lives and put them in prison.

That is what communists do.

[Jeff Head]

MCCAIN-OBAMA COMPARISON CHART

[arthurus]

He will spread your wealth around, mostly to underpaid and brand new bureaucrats and to a vastly expanded Homeland Security that will use all its electronics and shoes to keep the population in line and ferret out Christians and gun owners and other enemies of the State. Arabs and Terrrists and other Islamists will join the ranks of criminals petty and grand as social allies.

[arthurus]

Communists fear assets in the hands of people and organizations other than the State and its Rulers.

[GOPJ]

He’s going to give tax “refunds” to people who don’t pay taxes. Just the start of redistribution...

[Islander7]

0bama will spread YOUR wealth around, not his!

Tax Prof

[arthurus]

To "spread the wealth' most of it doesn't even have to be confiscated with taxes. Money creation is a useful tool to accomplish that end without even "raising taxes." If the rulers double the stock of money by giving out the new money to the "reliable" elements it reduces the value of the assets held by the other part of the populace by half. Most of that new money will go to drug dealers-social allies- and to the government banks. The government thereby gets that value back in mortgage interest and foreclosures. Foreclosures don't have to be a taking of the property, merely an assumption of title so that government becomes landlord to the reliable portion of the population and can put several families or whatever mix it chooses into the properties. "We have title now and you can't afford the rent so we are assigning a certain number of homeless people and others to share your quarters." Then double the stock of money again and further reduce the assets of the producing unreliables. Then, democratically by stages, the country becomes reduced to a small stratum of Party functionaries and rulers who control almost all of the diminishing assets of the nation and a great mass of proletarians in declining circumstances who must more and more rely on government for their very survival.

That is if it all goes smoothly without interference from the fellows in Teheran and Riyadh who just might complicate things a bit, not to mention those folks over there in China and the frustrated empire centered in Moscow.

And if this guy is truly a Saracen in Democrat clothing it won't save him or us.