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Chicago Commune [Flashback, Obama "Neighborliness" To Hike Taxes On Those "Sitting Pretty."]
The INVESTOR'S BUSINESS DAILY ^ | September 23, 2008 | By INVESTOR'S BUSINESS DAILY

Posted on 06/12/2009 3:03:50 AM PDT by Son House

Barack Obama summed up well the perversity of Democratic Party thinking when he told Fox News' Bill O'Reilly that it is "neighborliness" for Washington to hike taxes on those who are "sitting pretty."

Joe Biden, followed up last week with the observation that it's "patriotic" for the country's highest earners to pay more in taxes.

O'Reilly was right to point out to Obama that the senator is supporting a "socialist tenet" with his "neighborly" comment earlier this month. But a reminder of the facts isn't likely to change the Democratic candidate's inveterate stance.

This is the man who told ABC's Charlie Gibson that "I would look at raising the capital-gains tax for purposes of fairness," even if hiking the tax would ultimately result in shrinking federal revenues.

Why should Obama's definitions carry more weight than someone who believes that being a good neighbor and being fair means supporting one low rate for everyone?

Sometimes we've wondered if Obama needs to be reminded that the U.S. is a republic, not a commune. Now we are sure. His gross misunderstanding — or intended misrepresentation — of what neighborliness means confirms it.

Just as "neighborliness" is a euphemistic way to talk about the forced redistribution of wealth, "fairness" is code for punitively raising taxes on the economy's most successful producers. Think about the Obama fairness comment and in what context it was made: During a rant about "those who are able to work the stock market and amass huge fortunes on capital gains . . . paying a lower tax rate than their secretaries."

Michelle, "Barack Obama will require you to work" and "never allow you to go back to your lives as usual — uninvolved, uninformed."

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


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: chicago; commune; obama; tax
An obsession with other people's money
1 posted on 06/12/2009 3:03:50 AM PDT by Son House
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To: Son House

Good fences make good neighbors. What I make is none of Barack Obama’s business. I tell the IRS only because they hold a gun to my head. What sort of neighbor is that?


2 posted on 06/12/2009 3:11:02 AM PDT by oblomov (Every election is a sort of advance auction sale of stolen goods. - Mencken)
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To: Son House

Obama didnt work for his money it came easy to him.

For those who had to work for it, giving it away isnt so easy.


3 posted on 06/12/2009 3:33:01 AM PDT by Venturer
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To: Son House

September 23, 2008

Time warp?


4 posted on 06/12/2009 3:43:58 AM PDT by DB
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To: DB

It clearly says “Flashback” in the title. I don’t see a problem. I think it’s a good post. It reminds us of what WE knew but the rest of the country decided wouldn’t be so bad.


5 posted on 06/12/2009 4:16:22 AM PDT by raybbr (It's going to get a lot worse now that the anchor babies are voting!)
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