Would Obama Like Obama-Style Redistribution of Wealth?

Here’s an insightful political cartoon by Rick McKee that a Ponderstorm reader sent me. It does a great job of putting Barack Obama’s socialistic income redistribution notion into perspective.

As the rich candidate, would Barack Obama want his “spread the wealth around” scheme applied to his campaign contributions? What do you think? Should the government force the successful Barack Obama to share his campaign contributions with John McCain who is behind on fundraising? Wouldn’t that give John McCain a chance at success just like Barack Obama told ‘Joe the Plumber’ he wanted to do for those who earned less? (Click image to enlarge.)

Posted under Barack Obama

This post was written by PonderstormMike on November 3, 2008

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5 Reasons Why ‘Joe the Plumber’ Resonates with Americans

Last night during the 3rd Presidential debate we heard ‘Joe the Plumber’ (AKA Joe Wurzelbacher of Holland, OH) mentioned 26 times. It seems that his questions of Senator Obama’s tax policy struck a chord with many middle class Americans, especially once Obama stated that he wanted to “spread the wealth around” through tax policy.

Who is ‘Joe the Plumber’ and why has he become an American icon for Senator McCain so many middle class voters? Here is a brief introduction from Toledo, Ohio CBS reporter Jennifer Boresz:

Updated: CBS disabled embedding this video but you can watch it here.

Following the Presidential debate the following candid comments from Joe Wurzelbacher were recorded. Read More…

Posted under Campaign, Video

This post was written by PonderstormMike on October 16, 2008

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Obama Admits His Plan is Income Redistribution (Marxism)

More than a month ago I asked if Barack Obama’s “Robin Hood” tax plan would redistribute wealth. Based on the fact that only about 65% of Americans pay any income taxes but Obama was promising a “tax cut” to 95% of Americans I knew something was fishy. Because those numbers are mathematically impossible to compute I suspected he was calling an income redistribution scheme a “tax cut.”

My fear that such a scheme could be in the works went from speculation to reality when Obama answered a simple question from a business owner about taxes. We now have proof positive that Obama plans to take from the haves and give to the have nots. Watch Obama in his own words tell that he plans to “spread the wealth around” (about 4:45 into the video):

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You can read more about this specific Marxist admission here. I say Marxist because it is just that — income redistribution from those with “wealth” to those who are “poor.”

Karl Marx wrote the following in 1875 in Read More…

Posted under Barack Obama, Economy

This post was written by PonderstormMike on October 15, 2008

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