OK...Finally we get the truth from Obama and his agenda.

[Dannyell]

Originally Posted by MrLabGuy

PRESIDENT OBAMA: "Now, what we’re doing, I want to be clear, we’re not trying to push financial reform because we begrudge success that's fairly earned. I mean, I do think at a certain point you've made enough money."

Do you want the Government to set a Limit on what we can make as individual United States Citizens? This could even include your company. After-all there is a point where they make "enough money".

Wealth Redistribution plain and simple.

RealClearPolitics - Video - Obama To Wall Street: "I Do Think At A Certain Point You've Made Enough Money"

U can't just pick sentences out of context and criticize them without looking at what is being criticized. Obviously Obama was referring to these investment companies...

[Thunder22]

Originally Posted by Quicksilver

At the risk of repeating myself, we know what your focus was.
Here's another view that perhaps you should consider.

On the second part "I do think at a certain point you've made enough money"
IMO it doesn't sound like he's advocating a limit on what anyone can earn.

What I get from his comment is this.
Anyone with a degree of understanding knows that greed
can't be a good thing weather it's greed by an individual or greed from
a corporation. Honestly it's a moral issue which was and still is the
basis for the financial issues we face.

Ask anyone who's made more money than they can spend and
they will tell you that there's a point when making money is no longer
the issue. The most important thing when you get to that point
is what you can do to help other people. No where is his comment
did he say or imply anything regarding government deciding
how much a person or company can profit before stepping into their
bank account to siphon the funds they deem EXTRA to pay for their projects in Washington.

You know what Barry, for someone who disavows and even denies being a Obama supporter, you sure to defend him A LOT.

Just sayin'.....

[Quicksilver]

Hey whats right is right. If you use a quote out of context
which is what happen in this thread then a correction is called for.
I would even support you if you said something that's balanced and correct.
In any event, glad to see you still stalking.

Originally Posted by Thunder22

You know what Barry, for someone who disavows and even denies being a Obama supporter, you sure to defend him A LOT.

Just sayin'.....

[Thunder22]

Originally Posted by Quicksilver

Hey whats right is right. If you use a quote out of context
which is what happen in this thread then a correction is called for.
I would even support you if you said something that's balanced and correct.
In any event, glad to see you still stalking.

Out of context? wow.

Anyway, not stalking, I simply read the thread, and your hypocrisy stood out so I commented.

Carry on.

[Quicksilver]

It must be slow at work Huh......
Nothing else to do except find someone
to call names. Very mature......

Your right about one thing though.

Carry on

[Thunder22]

Originally Posted by Quicksilver

It must be slow at work Huh......
Nothing else to do except find someone
to call names. Very mature......

Your right about one thing though.

Carry on

A stalker isn't exactly complimentary.

have a good night.

[Quicksilver]

Now you know how it feels.
Let's stay on topic and dispense
with the name calling. Agreed???

[MrLabGuy]

Originally Posted by Quicksilver

Hey whats right is right. If you use a quote out of context
which is what happen in this thread then a correction is called for.
I would even support you if you said something that's balanced and correct.
In any event, glad to see you still stalking.

Liberal Democrats have demonstrated enough through the years with their eagerness to redistribute wealth.

"Social Justice"
"Economic Justice"

Hardly a stretch to attribute his words in this speech to his agenda and that of Congress. How do you think they are going to pay for all these programs. Do you really believe the projected cost of a Health Plan which starts in 4 years will be what they claim? You can't be that naive. You've been around long enough to see how these programs explode in cost overruns and budget shortfalls. Who is going to pay for all this? Democrats and the Obama administration have already laid out a clear path. Those who make more than $150,000 which in the Northern California Bay Area is HARDLY rich better watch their pocket books.

Billionaires can afford to hire law-firms to do their taxes. I can't so I'll end up paying as well as many of you in this bracket.

[JCL]

Well, I would agree with MD.

But back to the link, MLG, which is about financial reforms. Your link states "What was working for them (the banks) wasn't working for ordinary Americans" before it carries on to your highlighted quote about firms that profited at the expense of the country, so it does appear to be about greed on Wall Street more than it is about wage caps on the middle class. It is a suggestion that poor regulatory practices made the crisis worse. So the real agenda of Obama that you are challenging with this thread appears to include bringing financial reforms in.

Question for you: Are you suggesting that you are against these financial reforms? Do regulators have a role in the economy? That may be worth debating more than the Obama is great/Obama is evil proposition.

[MrLabGuy]

Originally Posted by JCL

Well, I would agree with MD.

But back to the link, MLG, which is about financial reforms. Your link states "What was working for them (the banks) wasn't working for ordinary Americans" before it carries on to your highlighted quote about firms that profited at the expense of the country, so it does appear to be about greed on Wall Street more than it is about wage caps on the middle class. It is a suggestion that poor regulatory practices made the crisis worse. So the real agenda of Obama that you are challenging with this thread appears to include bringing financial reforms in.

Question for you: Are you suggesting that you are against these financial reforms? Do regulators have a role in the economy? That may be worth debating more than the Obama is great/Obama is evil proposition.

I'm actually in favor of Financial Reforms and was against the level and scope of the Bank Bailouts. The Banks were responsible for the fiasco and should have been allowed to fail.

At a minimum there should have been some terms to the bailouts which spelled out a payback plan and limits on executive compensation and bonuses. The CFO's and CEO's should have been fired but thanks to Lobbyist and Washington politicians the American taxpayers got hosed again.

My philosophy of personal responsibility extends to business and corporations as well.