I am guessing that Obama should be the one to elaborate on what he meant. Right now we can only assume that he is in favor of wealth redistribution on all levels. Unless he explains what he meant, how do we know otherwise?

When I hear him say spread the wealth around I think he is going to take the money and pump it into welfare, unemployment, acorn and so on.

He really needs to clearly define what he is talking about and unless I missed it, I don't think he has.