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Obama’s latest class warfare demagoguery – Part 1

Written on Saturday, December 17, 2011 by

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Our Community-Organizer-In-Chief has long been an overt Marxist, as shown by when he told “Joe the Plumber” “it’s good if you spread the wealth around” (see full dialogue below)

Those who knew him in his younger days likewise confirm this (see College Mate: Obama Was an ‘Ardent’ ‘Marxist-Leninist’).  Yet many Americans now have “buyer’s remorse” because Obama has done just what he said he would do!  Fortunately they have finally opened their eyes.  So Obama must try to resort to damage control.  He obviously can’t stand on his record, as shown by this table.  So  in his latest speech, he just repeats the same old big-government, soak-the-rich mantras, and finally abandons all pretence that he’s anything but Marxist.

It shows his low opinion of Americans that he still expects them to fall for his tricks.  As will be shown, his claims fail tests of basic economic theory and the history of the last hundred years.  Unfortunately, even most conservatives still send their kids to be indoctrinated by the Democratic teachers’ unions at the government schools, so they are providing willing dupes for Obama’s campaign.

Capitalism and the American dream

Obama starts off OK, describing his maternal grandparents:

[Obama] They believed in an America where hard work paid off, and responsibility was rewarded, and anyone could make it if they tried—no matter who you were, no matter where you came from, no matter how you started out.  And these values gave rise to the largest middle class and the strongest economy that the world has ever known. It was here in America that the most productive workers, the most innovative companies turned out the best products on Earth. And you know what? Every American shared in that pride and in that success—from those in the executive suites to those in middle management to those on the factory floor.

All this is true.  Capitalism is a win-win system, because both parties in a free exchange get something they value more.  It is also the system that has made our lives so much better by providing goods that would have been considered luxuries a few decades ago.  See Patriot columns The Greed Myth and Capitalism and stock market vs. gambling. But it goes downhill from here:

[Obama] But for most Americans, the basic bargain that made this country great has eroded. Long before the recession hit, hard work stopped paying off for too many people. Fewer and fewer of the folks who contributed to the success of our economy actually benefited from that success. Those at the very top grew wealthier from their incomes and their investments—wealthier than ever before.

Here we have the typical envy-coddling of the Left.  As already shown, most of the wealthiest Americans became wealthy because they provided goods to millions of people at affordable prices.  That way, their customers were better off.  And the total wealth of the country as a result increased even more than the wealth of the greatest entrepreneurs.  The only way to stop people becoming “wealthier than ever before” is for the government to interfere with the free choice of the buyers, as the great columnist and economist Walter Williams recently pointed out  in his column Ending Income Inequality? in response to leftist economist and demagogue Paul Krugman:

“I’d ask Krugman this question: Who’s putting all the money in the hands of the few, and what do you think ought to be done to stop millions, perhaps billions, of people from using their money in ways that lead to high income and wealth concentration? In other words, I’d like Krugman to tell us what should be done to stop the millions of children who make Joanne Rowling rich, the millions who fork over their money to the benefit of LeBron James, and the hundreds of millions of people who shop at Wal-Mart.”

Housing crisis

[Obama] But in 2008, the house of cards collapsed. We all know the story by now: mortgages sold to people who couldn’t afford them, or even sometimes understand them.

And why were these mortgages sold?  Precisely because of the Community Reinvestment Act of his Democratic predecessors Carter and Clinton!  This forced banks to reduce their own lending standards, to lend to minorities with lower credit scores.  And quasi-government agencies increased the problem: Fannie Mae and Freddie Mac bundled up these mortgages.   Then the Democrats covered up the Fannie Mae, Freddie Mac Scam that caused our economic crisis, as you can see for yourself below. It’s not surprising, since Fannie and Freddie donated to Democrats, and then-Senator Obama was #2.

Then there is more dross about “greed” (but somehow the Left is never called “greedy” for wanting more money from the taxpayers who actually earned it), then an obscene moral equivalence between the peaceful TeaParty and the liberal crime-infested Occupy mobs.

And of course, there is more on “taxing the rich”:

[Obama] “Today, thanks to loopholes and shelters, a quarter of all millionaires now pay lower tax rates than millions of you, millions of middle-class families. Some billionaires have a tax rate as low as 1%. One percent.

“That is the height of unfairness. It is wrong. … It’s wrong for Warren Buffett’s secretary to pay a higher tax rate than Warren Buffett.”

By now, Obama must know he is “economical with the truth”.  First of all, Politifact documents:

“The IRS offers a breakdown of what the 400 top earners paid in effective tax rates:

0 percent to 10 percent: 30 filers
10 percent to 15 percent: 101 filers
15 percent to 20 percent: 112 filers
20 percent to 25 percent: 52 filers
25 percent to 30 percent: 46 filers
30 percent to 35 percent: 59 filers

So 30 of the top 400 filers paid an effective tax rate of between zero and 10 percent.

How many of those paid 1 percent? We have no way of knowing.”

Also, as I explained in response to Obama’s fellow class warfare demagogue Mitt Romney, the allegedly low tax rates are likely on dividends and capital gains.  The quote rates are the extra taxation rate on top of tax already paid, because this type of income suffers grossly unfair double taxation.  And the claim that Buffett is taxed less than his secretary has long been debunked.

The Washington Post asked Obama for documentation for “Some billionaires have a tax rate as low as 1%”, and a White House official confessed they “had no actual data to back up the president’s assertion.”  But since when did Obama let facts get in the way of his demagoguery?

There is so much more that needs to be said about the President’s agitprop.  But this will be addressed in Part 2, to deal with more of the worst ones.

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  • http://www.patriotactionnetwork.net Shane

    Obama and the Left don’t believe that hard-working, intelligent people can make it in our country unless the govt. helps them. The Left wants equality of result rather than equality of opportunity.
    We must not allow Obama to split us into classes and win the election. We must do what is best for our country and vote out the incompetent leader Obama.

  • Hank is back

    The best way to end class warfare is to prosecute the real crooks (cronies, international bankers with no allegiance, parasites), and let the free market and competition and hard work gradually even the rest out.

    • http://www.americagonestupid.com nvrpc

      This will NEVER happen prosecute the real crooks (cronies, international bankers with no allegiance, parasites) simply because all that you see happening around you was a well-planned ploy to do just what it is doing. It was drummed up to assure there was a greater divide between the rich and the poor, to assure 99% of you will work until you are dead and therefore never draw a dime form SS you’ve paid into for 35-40 years and finally it established a slave labor work for life society whereby 99% of all those in their 30 will never, ever retire; bringing the labor cost down to China’s making us all equal as any good socialist AH wants to be. That would be equally poor except for the elitist. It’s to be a world of 5% rich and 95% slave labor to make the rich, richer and that’s the end of this story. It’s over until the next revolution which can only come about when you’ve become as those who lived under the leadership equal to Gadaffi or Saddam. Why will it take that long to revolt? Because your all too stupid to realize what’s going on and why or to come together and do something about it before it’s too late. And you still have it to good.

    • Hank is back

      From philosopher Robert Nozick (1938-2002):

      Consider the following sequence of cases, which we shall call the Tale of the Slave, and imagine it is about you.

      1. There is a slave completely at the mercy of his brutal master’s whims. He often is cruelly beaten, called out in the middle of the night, and so on.

      2. The master is kindlier and beats the slave only for stated infractions of his rules (not fulfilling the work quota, and so on). He gives the slave some free time.

      3. The master has a group of slaves, and he decides how things are to be allocated among them on nice grounds, taking into account their needs, merit, and so on.

      4. The master allows his slaves four days on their own and requires them to work only three days a week on his land. The rest of the time is their own.

      5. The master allows his slaves to go off and work in the city (or anywhere they wish) for wages. He requires only that they send back to him three-sevenths of their wages. He also retains the power to recall them to the plantation if some emergency threatens his land; and to raise or lower the three-sevenths amount required to be turned over to him. He further retains the right to restrict the slaves from participating in certain dangerous activities that threaten his financial return, for example, mountain climbing, cigarette smoking.

      6. The master allows all of his 10,000 slaves, except you, to vote, and the joint decision is made by all of them. There is open discussion, and so forth, among them, and they have the power to determine to what uses to put whatever percentage of your (and their) earnings they decide to take; what activities legitimately may be forbidden to you, and so on.

      Let us pause in this sequence of cases to take stock. If the master contracts this transfer of power so that he cannot withdraw it, you have a change of master. You now have 10,000 masters instead of just one; rather you have one 10,000-headed master. Perhaps the 10,000 even will be kindlier than the benevolent master in case 2. Still, they are your master. However, still more can be done. A kindly single master (as in case 2) might allow his slave(s) to speak up and try to persuade him to make a certain decision. The 10,000-headed monster can do this also.

      7. Though still not having the vote, you are at liberty (and are given the right) to enter into the discussions of the 10,000, to try to persuade them to adopt various policies and to treat you and themselves in a certain way. They then go off to vote to decide upon policies covering the vast range of their powers.

      8. In appreciation of your useful contributions to discussion, the 10,000 allow you to vote if they are deadlocked; they commit themselves to this procedure. After the discussion you mark your vote on a slip of paper, and they go off and vote. In the eventuality that they divide evenly on some issue, 5,000 for and 5,000 against, they look at your ballot and count it in. This has never yet happened; they have never yet had occasion to open your ballot. (A single master also might commit himself to letting his slave decide any issue concerning him about which he, the master, was absolutely indifferent.)

      9. They throw your vote in with theirs. If they are exactly tied your vote carries the issue. Otherwise it makes no difference to the electoral outcome.

      The question is: which transition from case 1 to case 9 made it no longer the tale of a slave?

    • Hank is back

      Lead the way.

    • Peggy

      As far as being “stupid”, I don’t feel I am & I’m sure other people on this site don’t feel stupid either. I do know one thing for sure & two things for certain,I am getting tired of this crap! Start a revolution you say?! WHY don’t YOU start one & see how many AMERICANS pick up arms to fight for OUR COUNTRY & the CAUSE!!! You’re so good at mouthing off, step up to the plate & DO something!!

  • Doodlebug

    The above chart sure doesn’t show that the idiot in the WH has done any good. Yet, he goes out and blames everyone else for what has happened and even though things weren’t in great shape when he took over he sure has made it a ++++ of a lot worse. VOTE HIM OUT!

  • tmt

    Obama is a dangerous man. He has evil intentions but he thinks he is doing good by making America poor and giving our money away to other countries so they be better off. Obama thinks that America got rich by taking from other countries. What the brainwashed idiot should realize is that the only way to make money is to exploit the resources. A lot of countries are doing better because of America. Otherwise, many would have starved to death. Obama is so blinded by his own ideology that he cannot see the whole picture. The guy doesn’t know much history.

    • am2sweet

      Obama is working for George Soros and the Bilderbergs. They want total control of the world and getting us in line is part of it. They have more work to do since we are still armed and able to defend ourselves. He is dangerous in that his job is to break America down to where the U N and anyone else can step in and take over. The U N is evil and it would be to our advantage to get them out of our country and we stop being a member of their cult.

  • Patriot7

    Obama is a chameleon taking on whatever role he needs in order to accomplish his Marxist goals. He is well versed in the philosophy
    of the end justifies the means. Now that his cover is blown and even the most ignorant are aware of his plan for America, he must resort to classical Marxist tactics such as use of class warfare, blame your enemies for your failure, soak the rich, and other such strategies. Using his billion dollar war chest and with the help of the liberal media, he believes that he can use his propaganda machine to denigrate his GOP opponent to the extent that the people will have to re-elect him. The best means for preventing his being re-elected is to educate the citizenry so that there is enough popular support for the GOP candidate that it will outweigh all of the propaganda that will be used in the contest to come. Another 4 years of this Marxist will result in a United Socialist States of America.

  • Larry

    The SOB Barrack Obama must realy hate himself because he thinks that the rich are bad people and many are but Barrack Obama is a rich person and he wants to get more and that drive to get more will destroy him one day and it can’t happen soon enough.

  • setpoint

    Free market capitalists show what a blatant liar Obama is by creating and stirring up class envy. The American people are smart enough to discern Obama and his shallow insight into American economics. Paul Krugman, given all his supposed intellectual genius is still a Keyenesian, I believe and China has found that unless business is given a long leash, there is little or no progress on the economic front. Obama is finding that out first hand since he is at the root of most of it.

  • http://adrianvance.blogspot.com Adrian Vance

    To an arrogant Communist the truth is whatever works as he has “good intentions.” It is just that simple. This idiot thinks he knows best for America.

    The Two Minute Conservative at http://adrianvance.blogspot.com for political analysis, science and humor. Daily on Kindle.

    • seabee combat vet

      Hey oblowhole!!!! Father knows best went off the air years ago!!! You’re next d..kwad!!!!!

  • Tess2_Comments

    I am going to say that MOST of the top earners pay their fair share.
    1% of 1,000,000 is $10,000.
    10% of 1,000,000 is $100,000.
    20% of 1,000,000 is $200,000.

    How many who receive government assistance pay $10,000 in income taxes in 5 years?

    It is time for Obama to stop promoting class-warfare. After all the deductions are done, no one should pay less than 1% in federal income taxes.

  • Pat Sinclair

    Warrne Buffet has a stuctured Trust Fund which protects him. He has all kinds of gimiks to save him money. Then when he owes it, he doesn’t want to pay it. He money pays dividends and you pay less tax that way.
    Don’t pay any attenting to him or George Soros because they both keep their money in different ways than you and I do. If they want to pay more taxes, lets see it paid in black and white to the US Government. Obama will gladly they rid of it to his communist buddies just like he has done with our tax payers money.

  • Dave

    A message to Obama: I’m a janitor and clean toilets for a living and guess what?? Your class warfare isn’t working!! This is America, we have the freedom to make our choices. My brothers and some friends are well off and they work hard and it doesn’t bother me a bit.

    • seabee combat vet

      Like me, a housekeeper in a Hospital’s O.R’s working hard everyday for what I have. I am tired yes, but satisfied for what I do have, and not envious of what I don’t have, and damn well don’t want the government telling me that I NEED “THIS,” so they can take it from someone who”EARNED” it and give it to me, as a reward for “SLOTH!”. Not in my life time!!!

  • Fred Mitchell

    Congress has to know , there are grounds for them to impeach Obama.Obama is like a lited loose cannon rolling around.No other pres would ever think of the things, Obama has done to our country.