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17 Numbers That Prove That The Redistribution Of Wealth Has Greatly Accelerated Under Obama

 
waht
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09/21/2012 08:19 PM
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17 Numbers That Prove That The Redistribution Of Wealth Has Greatly Accelerated Under Obama
What is the number one job of the U.S. government? Well, at this point the federal government in spending more time and money on redistributing wealth than it is on anything else. In fiscal year 2012, 62 percent of the federal budget will be spent on entitlements. How much farther do we have to go until everyone finally admits that we have become a socialist nation? Our government has become the largest engine of wealth redistribution in the history of the world, and the redistribution of wealth has greatly accelerated during the presidency of Barack Obama. Yes, wealth redistribution as a share of the economy also grew under George W. Bush and Bill Clinton, but Barack Obama has taken things to an entirely new level. Back when Ronald Reagan took office, less than 30 percent of all Americans lived in a home where at least one person was receiving government benefits. Today, an all-time record 49 percent of all Americans live in a home where at least one person receives government benefits. Of course we always want to help the poor, the needy and those that cannot help themselves, but things in this country have gotten way out of balance. And most Americans agree with me – according to a new Rasmussen survey, 64 percent of all Americans believe that too many Americans are dependent on government assistance. We have become a nation that expects the government to take care of us from the cradle to the grave, and all of this government dependence is causing our debt to spiral completely and totally out of control.

Yes, without a doubt we will always need a safety net. Nobody wants to see any American go without food or sleep under a bridge.

But we simply cannot afford to have more than 100 million Americans relying on that safety net. It was never designed to accommodate so many people and the entire system is going to fail if we continue with this foolishness.

Sadly, a large percentage of the American people have become trained to vote for the politician that will promise them the most goodies. Government benefits have become a way to “buy votes”, and it is deeply corrupting our system.

In such an environment it probably should not be a surprise that we elected a president that has publicly declared that “I actually believe in redistribution.”

A growing percentage of the American people are actually convinced that the job of the federal government is to act as some sort of cosmic Robin Hood. They are convinced that the federal government should take money away from the rich and give it to them.

But what kind of a society will we have if we continue down this road? Will we have a society where the “dependent class” is always clamoring for more and where the “working class” has no ambition to work hard and make money because the government is just going to come along and take most of it away?

Socialism does not work. But that is where the United States (along with most of the rest of the world) is headed.

The following are 17 numbers that prove that the redistribution of wealth has greatly accelerated since Barack Obama has been president….


Read more at [link to investmentwatchblog.com]

Obama In 1998: "I Actually Believe In Redistribution"

At an October 19, 1998 conference at Loyola University, Barack Obama spoke against "propaganda" that said government doesn't work and the need to "pool resources and hence facilitate some redistribution because I actually believe in redistribution."

[link to www.youtube.com]

I wonder if anyone asked him what he meant by "redistibution & who what was going to be redistributed to where". This is said by a man who spent his college years surrounded by socialists in all of the clubs he belonged to.

Last Edited by waht on 09/21/2012 09:11 PM
casino skim for AIPAC
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08/25/2013 05:50 PM
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Re: 17 Numbers That Prove That The Redistribution Of Wealth Has Greatly Accelerated Under Obama
What is the number one job of the U.S. government? Well, at this point the federal government in spending more time and money on redistributing wealth than it is on anything else. In fiscal year 2012, 62 percent of the federal budget will be spent on entitlements. How much farther do we have to go until everyone finally admits that we have become a socialist nation? Our government has become the largest engine of wealth redistribution in the history of the world, and the redistribution of wealth has greatly accelerated during the presidency of Barack Obama. Yes, wealth redistribution as a share of the economy also grew under George W. Bush and Bill Clinton, but Barack Obama has taken things to an entirely new level. Back when Ronald Reagan took office, less than 30 percent of all Americans lived in a home where at least one person was receiving government benefits. Today, an all-time record 49 percent of all Americans live in a home where at least one person receives government benefits. Of course we always want to help the poor, the needy and those that cannot help themselves, but things in this country have gotten way out of balance. And most Americans agree with me – according to a new Rasmussen survey, 64 percent of all Americans believe that too many Americans are dependent on government assistance. We have become a nation that expects the government to take care of us from the cradle to the grave, and all of this government dependence is causing our debt to spiral completely and totally out of control.

Yes, without a doubt we will always need a safety net. Nobody wants to see any American go without food or sleep under a bridge.

But we simply cannot afford to have more than 100 million Americans relying on that safety net. It was never designed to accommodate so many people and the entire system is going to fail if we continue with this foolishness.

Sadly, a large percentage of the American people have become trained to vote for the politician that will promise them the most goodies. Government benefits have become a way to “buy votes”, and it is deeply corrupting our system.

In such an environment it probably should not be a surprise that we elected a president that has publicly declared that “I actually believe in redistribution.”

A growing percentage of the American people are actually convinced that the job of the federal government is to act as some sort of cosmic Robin Hood. They are convinced that the federal government should take money away from the rich and give it to them.

But what kind of a society will we have if we continue down this road? Will we have a society where the “dependent class” is always clamoring for more and where the “working class” has no ambition to work hard and make money because the government is just going to come along and take most of it away?

Socialism does not work. But that is where the United States (along with most of the rest of the world) is headed.

The following are 17 numbers that prove that the redistribution of wealth has greatly accelerated since Barack Obama has been president….


Read more at [link to investmentwatchblog.com]

Obama In 1998: "I Actually Believe In Redistribution"

At an October 19, 1998 conference at Loyola University, Barack Obama spoke against "propaganda" that said government doesn't work and the need to "pool resources and hence facilitate some redistribution because I actually believe in redistribution."

[link to www.youtube.com]

I wonder if anyone asked him what he meant by "redistibution & who what was going to be redistributed to where". This is said by a man who spent his college years surrounded by socialists in all of the clubs he belonged to.
 Quoting: waht
......................Pinochio OBAMA, Dick Cheney, Paul Wolfowitz , Michael Bankster Raphan and Off-shore ROMNEY are AIPAC stooges who sold out the USA to the oil speculators , war profiteers and zio-imperialists........see BY WAY OF DECEPTION , Goldstone Report , Shock Doctrine and FIVE BROKEN CAMERAS and Operation Greylord.
Anonymous Coward
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08/25/2013 05:55 PM
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Re: 17 Numbers That Prove That The Redistribution Of Wealth Has Greatly Accelerated Under Obama
Yes, "redistribution" from the slowly disappearing middle-class, to the welfare parasites and the one percenter bankster class!

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