Obama In His Own Words: “Tax the heck out of people at the end and just redistribute it”

audacityofhypocrisy.com ^ | August 22, 2008 | admin

[ari-freedom]

Buried in that 8,000 (!) word NYT magazine article about Obama’s economic plan that I mentioned yesterday, is this bit flagged by Geraghty at Campaign Spot:

“If you talk to Warren [Buffet], he’ll tell you his preference is not to meddle in the economy at all — let the market work, however way it’s going to work, and then just tax the heck out of people at the end and just redistribute it,” Obama said. “That way you’re not impeding efficiency, and you’re achieving equity on the back end.” He continued by saying that he thought there was some merit in Buffett’s argument.

To which, Geraghty responds: “Isn’t it reassuring to have a presidential candidate saying he sees some merit in ‘taxing the heck’ out of something?” Indeed.

[petercooper]

bttt

[devolve]

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Thanks potlatch -

[devolve]

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Thanks potlatch -

[potlatch]

Thanks devolve.

[Arthur Wildfire! March]

I’ve been trying to keep this thread above the radar. It certainly is relevant in light of the big Drudge news of today — this thread reveals that BO hasn’t changed since then:

Drudge Headline: 2001 OBAMA: ‘TRAGEDY’ THAT ‘REDISTRIBUTION OF WEALTH’ NOT PURSUED
http://www.drudgereport.com [also put report in ‘view replies’]

Obama wants a lot more redistribution of wealth than he’s letting on, and his judicial appointments will be as bad as we feared.]
Also the lead story at Michelle Malkin’s website: http://michellemalkin.com/

Discussion thread:
http://www.freerepublic.com/focus/news/2116186/posts