Posted on 10/19/2008 1:28:10 PM PDT by ari-freedom
Buried in that 8,000 (!) word NYT magazine article about Obamas economic plan that I mentioned yesterday, is this bit flagged by Geraghty at Campaign Spot:
If you talk to Warren [Buffet], hell tell you his preference is not to meddle in the economy at all let the market work, however way its going to work, and then just tax the heck out of people at the end and just redistribute it, Obama said. That way youre not impeding efficiency, and youre achieving equity on the back end. He continued by saying that he thought there was some merit in Buffetts argument.
To which, Geraghty responds: Isnt it reassuring to have a presidential candidate saying he sees some merit in taxing the heck out of something? Indeed.
(Excerpt) Read more at audacityofhypocrisy.com ...
ping to save pictures later
http://www.nytimes.com/2008/08/24/magazine/24Obamanomics-t.html?pagewanted=6
go to the source - NYT Mag, page 6 last paragraph.
” let the market work, however way its going to work, and then just tax the heck out of people at the end and just redistribute it, Obama said. That way youre not impeding efficiency, and youre achieving equity on the back end. He continued by saying that he thought there was some merit in Buffetts argument. “
yep, he said it. Now keep in mind that these magazine pieces are written weeks, if not months, ahead of publication.
Therefore, he said this BEFORE his curbside encounter with our hero, “Joe.”
So even if he does try to clarify his answer to “Joe” - it won’t wash. This is his Socialist agenda
Rush has it - we need to email our FOX friends...
NOW - ;o) while it’s topical and on people’s minds - this is the cherry on top.
well yeah this article was published a while ago. but it needed to be brought up now especially since Obama thinks he can use warren to somehow prove he’s not a socialist.
Barackula! lol
Reminds me of the old EIB bit about Count Taxula (Clinton) and his sidekick ‘Algore’. Funny how the Algore name stuck!
But Atlas will shrug, and then he'll be standing there like a doofus wondering where all the $$ went.
another benefit- corporate bribery of politicians to affect future tax policy will cease.
Atlas Shrugged is very appropriate when talkin’
about Obomber and his Socialist ways!
My very comment just yesterday:
http://www.freerepublic.com/focus/news/2109328/posts?page=44#44
Oh!
And bumping a few others here now. :)
I do think that what the argument may miss is the sense of control that we want individuals to have.....”
“...and I also think you want to instill that sense of self-reliance and that what you do will help determine outcomes.”
Interesting. Not that we want individuals to have control, or to instill self reliance. Just to instill the SENSE of it.
Sounds like it could be four more years of Jimmy Carter.
Reminds me of Animal Farm.
Another nasty secret is that these stealth taxes are highly regressive.
The Fair Tax will not have a prayer until Palin cleans out DC and we get the country back to the concept of limited gov’t.
The Fair Tax puts way to much power into the hands of the people and out of the hands of DC.
The Goreon’s name and his hideous persona lent themselves to so many verbal, written and cartoon insights to Algore.
I found plenty of gems in that obama boot licking piece. It is long, but a good find.
I sent these additional quotes out to a few friends today.
***************************
“To do this, he is proposing tax cuts for most families that are significantly larger than those McCain is offering, along with major tax increases for families making more than $250,000 a year. Thats essentially a major part of our economic plan, Obama said. But its also a political message. Economically, he is trying to use the tax code to spread the bounty from the market-based American economy to a far wider group of families. Politically, he is trying to drive a wedge through the great Reagan tax gambit.”
*********************************
“All told, Obama would not only cut taxes for most people more than McCain would. He would cut them more than Bill Clinton did and more than Hillary Clinton proposed doing. These tax cuts are really the essence of his market-oriented redistributionist philosophy (though he made it clear that he doesnt like the word redistributionist). They are an attempt to address the middle-class squeeze by giving people a chunk of money to spend as they see fit.”
And the most telling of all is the philosophy adopted from a potential cabinet member for an Obama Presidency:
“He said it made him think of Warren Buffett, an Obama supporter, who, if anything, might argue that he wasnt going far enough to change the tax code. If you talk to Warren, hell tell you his preference is not to meddle in the economy at all let the market work, however way its going to work, and then just tax the heck out of people at the end and just redistribute it, Obama said. That way youre not impeding efficiency, and youre achieving equity on the back end.
******************************
My comments were:
From each according to his ability, to each according to his need.
The really comical thing is that the author of this pro-Obama piece is clearly so uneducated about free market economics that he is flat out stating that Obama is more “free market” than Ronaldus Maximus. I think that a pre-requesit to get into Journalism school is that you must have undergone a lobotomy.
At least consumers from overseas will pay some taxes if “corporate income taxes are embedded at each stage of production as a cost and are passed onto the consumer in the form of higher prices.” Passing on the cost of keeping the world safe is legitimate and not only US taxpayers should pay.
Well, you'll notice she didn't have any pie -
but 'tis the way with Socialist/Marxists. YOU give up your slice of the pie = THEY don't. Indeed, they keep the biggest piece of YOURs for themselves. BYW, their charitable donations don't match their rhetoric... What's the URL for that reciept? We need to email to hannity, Rush, Greta, brit - the campaign - cries out for an ad - I also heard that they have ALREADY ordered massive amounts of the same foods for THEIR inauguration dinner.
Both this luncheon receipt and their pre-inauguration orders should be a BIG ad, along with: "No economic tightening for the obaminites. It's YOUR piece of the pie they want to redistribute"
Very nicely presented graphics devolve, as usual!
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