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

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.

http://www.realclearpolitics.com/vid...ugh_money.html

When it involves an individual (or organization, for that matter) cheating or committing a crime to make the money, yes. Though I take it that you think he has something else in mind, or at least want others to get a different impression, which seems to be the point of the article.

In context "We’re not trying to push financial reform because we begrudge success that's fairly earned".
Sounds to me like he's not against companies or individuals earning money based on their success.

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 it 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.

Call it "Wealth Redistribution plain and simple." if you like but
that's the reality, plain and simple.

At some point I do think that people have made "enough money" and I have no problems with tax laws that ask people who can easily afford it to bear more of the burden. People don't make money in a vacuum and they don't live in a vacuum.

With that said, I do think a lot of people do take advantage and sit on their asses instead of trying. If there is no reason you can't work, then you should not be able to eat at the public table for an unlimited amount of time.

There are low income people who get money back from the tax system and they can use that money to buy a few more meals a year and to make life less of a struggle; and at the same time there are billionairs who pay less than the middle class in actual taxes. I have no sympathy for them. And for the rich who do have relatively high tax rates (compared to the poor) this means that maybe they can't afford to have an additional luxury house, car, AND/or boat - again this does not stress me as mush as starving children and families.

Maybe u should start pointing ur finger at the people who steal money on Wall Street. I'm not sure what are u complaining about in this reform...

Please do say how is it stopping u from making more money?? If u back the people who build business 'to' fail and they get to keep all the money then there is really nothing more to argue about...

You as well as others here missed the entire point. My comment had nothing to do with wall street reforms and allowing wall street firms or anyone for that matter to make money stealing or breaking the laws.

My focus was on Obama's comment about a point at which we've made "enough" money. I don't want a 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.

Imo, it's a comment made by a sitting prez, and in these times, everything
is scrutinized, dissected, spun and used for fodder by "both sides" of the
political spectrum.

Whether one likes O, or thinks he is Marx's 2nd coming, is not the point.
He, or any prez doesn't write the "laws"; our genius elected officials do.

I have no dog in this fight, as most of you know I have utter disregard for
most politicians/bureaucrats, et al.

My question to my Obama beating geezer buds is "who do you want as prez"
and, "other than emotions involved, why would your 'pick' be better in terms
of real world situations and direction?"

I seldom hear much response to my question...
GL, mD

If you think that is what the President's comment means, then I respectfully say that you have missed his point.

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.

MD;

:iagree: