Originally posted by GamerGal
reply to post by Marcus Calpurnius

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Because it's not real. It is edited by the GOP. FACT! Now go away partisan hack.

Tue, 28 Oct 2008 - Republican John McCain is misreading seven-year-old comments by rival Barack Obama about "redistributive change" to argue that the Democrat's tax policy is built on "taking your money and giving it to someone else."
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"It's always more interesting to hear what people have to say in these unscripted moments," McCain told a rally in Dayton, Ohio, alluding to Obama's now well-known exchange in Ohio with Joe the Plumber. "And, today, we heard another moment like this from Sen. Obama.

"In a radio interview that was revealed today, he said that, quote, One of the tragedies of the civil rights movement is that it didn't bring about a redistribution of wealth in our society."

Obama never said that
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What Obama called a tragedy was the civil rights movement's focus on the court, rather than on "political and community organizing activities on the ground that are able to put together the actual coalitions of power through which you bring about redistributive change."

Obama did not define redistributive change in the interview, but he said one example of such change involves education, "how do we get more money into the schools and how do we actually create equal schools and equal educational opportunity."

Socialism refers to a broad set of economic theories of social organization advocating state or collective ownership and administration of the means of production and distribution of goods,

I guess Reagan was a socialist too!

When the Earned Income Tax Credit was expanded in the Tax Reform Act of 1986, President Reagan, who signed the bill into law, called the EITC “the best anti-poverty, the best pro-family, the best job-creation measure to come out of Congress.”

The EITC provides a tax credit to very low-income working families. The credit can exceed federal income tax liability, meaning that some very low-income families actually receive a check from the IRS. Since pretty much all working people pay federal payroll taxes (and also some federal excise taxes like the gasoline tax) even if they don’t owe income taxes, the EITC seemed like a justifiable break for struggling families.

Leaders of both parties agreed, as did President Reagan. That’s as close to a consensus as anyone finds in Washington. It seemed this was one sort of tax cut that everyone supported.

Until now. Presidential candidate John McCain, who often claims to emulate Ronald Reagan, has lately argued that tax breaks exceeding income tax liability are “welfare,” and has even suggested that they are socialism.
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Pinning down where Senator McCain stands on taxes has never been easy. He originally opposed the Bush tax cuts, saying. “I don’t believe the wealthiest 10% of Americans should get 60% of the tax breaks. I think the lowest 10% should get the breaks.”

In 2001, Chicago Public Radio interviewed then Illinois State Senator Barack Obama about civil rights. Over the weekend, someone posted excerpts of the interview, edited to misrepresent Obama's statements. The item is now catching national attention.
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The 4 minute spliced collection of clips portrays Obama as advocate a redistribution of wealth through the power of the Supreme Court. That folds in with some allegations by the McCain Palin campaign.

The twist here is that, when heard in the context of the whole show, Obama’s position is distinctly misrepresented by the You Tube posting. Taken in context, Obama is evaluating the historical successes and failures of the Civil Rights movement—and, ironically, he says the Supreme Court was a failure in cases that it took on a role of redistributing resources.

Originally posted by David9176
When listening to the audio of this...do you know what stands out to me the most? "Negative rights." What the hell is that? What is a negative right? What is he implying??

This is why it is a bad thing. A lot of people seem to be caught up in this we are redistributing the wealth to the richest people which isn't the case. Here are three different articles explaining this.

www.realclearpolitics.com...
www.actionamerica.org...
www.nationalreview.com...

The top 50% of tax payers have the highest tax burden. Anywhere from 35-45% of taxpayers don't pay taxes, they get a tax return.

We already have a very progressive tax system. And these are the tax brackets,

www.moneychimp.com...

And here is an article showing that the tax breaks for the wealthy actually increased government revenues.

www.moneychimp.com...

So Obama knows that raising the taxes on the wealthy is actually going to reduce government revenues, but he intends to make up for this by cutting the federal budget.

So my question is why is he cutting money supply to the government and then going to try to make up for it by cutting the federal budget? He is going to increase government spending by a massive amount.

His answer is that because it is "fair."

www.youtube.com...

YouTube Link

Then you have this gem of audio that just further increases the evidence that he is a Marxist.