I made this observation on November 24th… PUMA
Wow! To think this is coming from the President of America… Oh well, it could have been worse... From CNN
“As a thought leader, Larry [Summers] has urged us to confront the problems of income inequality and the middle-class squeeze, consistently arguing that the key to a strong economy is a strong, vibrant, growing middle class,” Obama said of Summers. “This idea is at the core of my own economic philosophy and will be the foundation of all of my economic policies.”
I mean, the very basis of socialism and communism is income inequality. Or how else is income equality achieved if not through social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole.
I don’t know how many people realized the implications of Obama’s words back then, but now those very words have gone from being mere words to the guiding principle of Obamanomics aka wealth re-distribution aka socialism.
Since those words were written, over 300 of the biggest financial institutions in the country have come under government ownership, two of the biggest 3 car companies, are now government owned too.
Thankfully, some in the media are beginning to pay attention, here a zinger from Glenn Beck…
Sad reality is that by the time Obama is done with this country, it would take at least a generation to get back on track.
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