PrintNovember 2, 2008
Hey Barack: Share Share is not always Fair
During a Thursday stump speech in Sarasota, Fl, Obama suggested that people wanting to keep their hard-earned money rather than hand it over to the taxman are "selfish."
After explaining how changing "our tax code" to take even more from the rich to give to the poor would "make sure that everybody's got a shot," Obama counterattacked his opponents' blasts at his earlier "spread the wealth" comments:
"John McCain and Sarah Palin they call this socialistic. You know I don't know when, when they decided they wanted to make a virtue out of selfishness."
Selfishness? Hmmm. Where have I heard that one part Karl Marx, one part Sesame Street economic bias before?
Oh yeah, it was during his April Philadelphia debate with Hillary. Remember his similarly kiddy-comrade response to Charlie Gibson's rebuke that his plan to raise the capital gains tax rate would likely decrease revenues? It went like this, with my emphasis added:
"Well, Charlie, what I've said is that I would look at raising the capital gains tax for purposes of fairness. We saw an article today which showed that the top 50 hedge fund managers made $29 billion last year -- $29 billion for 50 individuals. And part of what has happened is that those who are able to work the stock market and amass huge fortunes on capital gains are paying a lower tax rate than their secretaries. That's not fair."
Not fair? Selfish?
Moving the discussion to the adult table, it appears that not only does Obama's self-righteous sense of fair-play trump economic efficiency, but anyone unwilling to share the booty of their daily toil with less-productive strangers is immoral.
The socialist experiment has failed all international field-tests miserably. Obama's Sophomoric Socialism would only spread similar misery to America.
Perhaps he'd think that unselfishly fair.
