The second disturbing thing he says is that there are "core responsibilities of the economy," as though we owe the economy something. It frightens me how little he understands about the free market given how intelligent he is.
>>I do think at a certain point, you've made enough money<<
GIven what "making money" means--helping people enough that they willingly give you money for your efforts and using scarce resources efficiently enough in so doing that you have money left when it's all over and done with--our president is really saying either that, at a certain point, you've helped people enough and ought to stop helping them, or you ought to be more wasteful with scarce resources in helping others. Idiot Alert!
To understand our president's perspective, you need to understand how his wife, before becoming our Diet Commissar, held a $350k/yr job as a diversity consultant for a large university hospital, at which she provided services that were so essential that they didn't bother finding a replacement for her when she left. You see, the president thinks all wealthy people live that high on the hog. He can only speak from his own experience; about the circles he's travelled in all his life.
interesting that he gives this speach, yet there are few people in america that actually make more than him. obama, obama, obama, when will you learn not to sound or act like a hypocrite?
so is he saying that he has earned the nearly 350k he makes a year? cause with socialised healthcare, and his entire freedoms elimination campaine, you'd think not so much. was it not obama who said, "i believe in the second amendment" then like 3 or less years later, "hand guns are weapons of mass destruction, that must be eliminated for the safety of americans"
It's not that President Obama isn't good enough that has people opposing him; he's the greatest president we've ever had! It's just that we think, at a certain point, a president has been great enough that it's time for him to resign and leave the American People alone so they can get back to work cleaning up the mess. That's all we're about here. We just want President Obama to move on quickly to become the greatest former president we've ever had. We believe that would help everybody.
@happystance7able i really hope you were kidding when you said, "he's the greatest president we've ever had!" trully i hope you don't believe that. from what you said toward the end, i think that's what you were saying, but in today's world ya never know. and i'm not going to assume.
Just look at Obama. Made $5.5 Million last year. He's just like all the communist dictators around the world. They attack capitalism, yet they enjoy all the benefits from it. Wow, what a guy. He's soooo smart, the Great Obama...oh yes, the Great Obama everyone!
Junior senator, never managed a town, city, county or state budget in his life...yet now he knows EVERYTHING. The great Obama!!!
Obama has never met a payroll, or started a company, he does not have the intellect to comprehend how capitalism and free market system really works. Keep speading the truth about what Obama and his gang of thugs are all about.
@thordoggie Well, I can't tell you when Bill Gates has "enough money", but I can sure as shit tell you that a welfare Mom smoking two packs a day, getting her hair done, while texting on her new iPhone is past the point where she has "enough money", no matter how hungry her kids are.
And I can also tell you that a government spending billions of dollars on corporate welfare has "enough money", no matter how big the national debt is.
@IRONMANAustralia please! you don't think i know obama is clueless? as most politicians are? i worked for the local government for a couple of yrs. 90%+ of politicians are lower than parasites
obama... FUCK YOU ASSHOLE!!!! who says how much is enough? YOU?!!!
leave it to me...for what YOU'VE accomplished in your life...you should be picking up aluminum cans for money. you're a worthless, incompetent. NOBODY in business would give you a job BECAUSE YOU CAN'T MAKE A PROFIT! OOPS! WRONG! YOU MADE A LOT OF MONEY DEALING POISON TO CHILDREN!
If you've followed Obama's career, this is NOT out of context. His entire life, attitude, body language, etc., shows that he has very little understanding about how capitalism works. He believes government is best equipped to solve problems. I simply believe history has shown time and time again he's dead wrong on that.
I'm not in agreement w/ everything that this president says & does, just as I didn't agree w/ everything the LAST president said or did. However, it irritates the CRAP outta me when people take things out of context 2 fit their agendaregardless of whether it originates from the RIGHT OR the LEFT side of the aisle! I said the same w/ Bush (II) & Clinton, & I'm sayin that w/ Obama! C'mon, peoplethere are other things 4 which 2 VALIDLY criticize. No need 2 create sumthin! TOTALLY out of context!
@kahalemusic you don't seem to understand what 'taken out of context' means. FYI it means that the other things he said cause you to interpret THIS thing differently from what it sounds like. So... how did he mean it DIFFERENTLY from what we heard? "at some point you've made enough money" is pretty darn straightforward. WHAT WAS THE CONTEXT THAT MAKES IT MEAN OTHER THAN WHAT IT SEEMS TO MEAN? Until you tell me, I'll assume it means he thinks ppl shouldn't be allowed to make 2 much money.
That's not the point. It's none of his business how much anyone makes. I've never heard a president say such things. The dems are always looking for their next demon. Chris Dodd the quitter, who is responsible for a lot of financial messes, should not even be allowed to touch this issue. He'll rob the cookie jar of all he can before he makes his getaway with Reid and Co. in November. Never in my life has a president or a party been so intrusive into so many aspects of this country.
"...But part of the American way is you can just keep on making it if you're providing a good product or you're providing a good service. We don't want people to stop fulfilling the core responsibilities of the financial system to help grow the economy. I've said this before. I've said this on Wall street just last week. I belive in the power of the free market."
@destruantes in other words, making money because you want to make money is not 'fulfilling a responsibility'. ENlightened self-interest, as they call it, is NOT ENOUGH. In fact self interest is BAD. For Obama, success is a responsibility to the SYSTEM, a collective effort to benefit society, not a personal effort to benefit oneself and one's family. He believes in the 'power' of the free market.. but not the principles of it. come on, destruantes, this isn't hard.
@daveperk well, That's the very foundation of the capitalist system to begin with - you make money by selling goods your services, EMPLOY others & let the market decide whether you succeed or not - benefits to society are per definition part of the system (employing others and your goods/services) thats what he talked about and you know it.
Self interest is good, but if you decide to NOT pay salories or NOT ship your goods because then you make more money - then self interest IS bad.
@destruantes "decide not to pay salary" that is ILLEGAL. it's THEFT if you steal labor just like stealing investment capital or stealing goods by not shipping the paid for goods.. we already have LAWS about those things. Obama's not talking law. He's talking in collectivist terms and retaining for himself the right to decide whether what I do is FAIR even if I obey ALL LAWS, which btw is what 'enlightened self interest' means.. self interest without selfishness. THIS ISN"T HARD. :-)
@destruantes Obama's not talking about evil, lawbreaking, cruel selfishness and greed. He's talking about whether making a profit by lending money to others is FAIR. He's talking about making profits by selling products which pollute the earth (oil, coal, etc) is FAIR to society. He is talking in leftist code for "government has the right to tell you what to do and what not to do even if you obey all laws". Central command and control, Stalin style. It's his deal, it's his LIFE.
@daveperk You can find the ENTIRE speach at /watch?v=4n3mDp4l2o8 (the context of what he said starts at around 16:18 and goes on to about 19:28)
he IS talking about evil, lawbreaking cruel selfishness and greed - this entire segment of his speach covers just that - the fact taht you had people just like that on wall street that caused the econpmic crises and how to make sure it doesn't happen again. Watch it - it has NOTHING to do with selling products which pollute the earth.
@daveperk and no, he's not talking about whether making a profit by lending money to others is fair, hell he even encourages it. What he has a problem with is the people on wallstreet that took unbelivable risks in a casino like system with other peoples money and kept the profits when it worked and told you to cover their losses when it didn't.
watch the video, you're an intelligent person - you speak english - there is no way that you can possibly miss it. IT ISN'T HARD ;-)
This guy told Joe the Plumber he was gonna spread the wealth around. It's on tape. No one wanted to listen. Now he's telling us how much of that wealth we can have.
OBAMA: "Now, what were doing, I want to be clear, were 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." This fool ought to stop his spending or else you'll never make enough to afford a loaf of bread....its called hyperinflation.
The street thug needs to get his message to the richest man in Congress - John Kerry. B-HO's second largest contributor was Goldman-Sachs.
Barry Soetoro - A different face for every crowd.
linkwray22 3 months ago
The second disturbing thing he says is that there are "core responsibilities of the economy," as though we owe the economy something. It frightens me how little he understands about the free market given how intelligent he is.
EGarrett01 7 months ago
>>I do think at a certain point, you've made enough money<<
GIven what "making money" means--helping people enough that they willingly give you money for your efforts and using scarce resources efficiently enough in so doing that you have money left when it's all over and done with--our president is really saying either that, at a certain point, you've helped people enough and ought to stop helping them, or you ought to be more wasteful with scarce resources in helping others. Idiot Alert!
happystance7able 1 year ago
To understand our president's perspective, you need to understand how his wife, before becoming our Diet Commissar, held a $350k/yr job as a diversity consultant for a large university hospital, at which she provided services that were so essential that they didn't bother finding a replacement for her when she left. You see, the president thinks all wealthy people live that high on the hog. He can only speak from his own experience; about the circles he's travelled in all his life.
happystance7able 1 year ago
interesting that he gives this speach, yet there are few people in america that actually make more than him. obama, obama, obama, when will you learn not to sound or act like a hypocrite?
Sony18241 1 year ago
so is he saying that he has earned the nearly 350k he makes a year? cause with socialised healthcare, and his entire freedoms elimination campaine, you'd think not so much. was it not obama who said, "i believe in the second amendment" then like 3 or less years later, "hand guns are weapons of mass destruction, that must be eliminated for the safety of americans"
Sony18241 1 year ago
It's not that President Obama isn't good enough that has people opposing him; he's the greatest president we've ever had! It's just that we think, at a certain point, a president has been great enough that it's time for him to resign and leave the American People alone so they can get back to work cleaning up the mess. That's all we're about here. We just want President Obama to move on quickly to become the greatest former president we've ever had. We believe that would help everybody.
happystance7able 1 year ago
@happystance7able i really hope you were kidding when you said, "he's the greatest president we've ever had!" trully i hope you don't believe that. from what you said toward the end, i think that's what you were saying, but in today's world ya never know. and i'm not going to assume.
Sony18241 1 year ago
lol. John kerry just got fucked over for tax evasion. Why are ALL the democrats so excited to spread everyone's wealth around except their's?
redarrowhead2 1 year ago
What a hypocrite! You made 5.5 million on book sales. When is enough enough, Mr. Potato Head? How much did you give away?
wildetaube 1 year ago 2
Keep your hands off my stack!
plum26754 1 year ago
Just look at Obama. Made $5.5 Million last year. He's just like all the communist dictators around the world. They attack capitalism, yet they enjoy all the benefits from it. Wow, what a guy. He's soooo smart, the Great Obama...oh yes, the Great Obama everyone!
Junior senator, never managed a town, city, county or state budget in his life...yet now he knows EVERYTHING. The great Obama!!!
marathon1974 1 year ago 2
Lets face it, the guy is a dickhead.
LiberalsStillSuck08 1 year ago 5
Obama made $5.1 million in 2009, is that enough?
egarber99 1 year ago
Obama has never met a payroll, or started a company, he does not have the intellect to comprehend how capitalism and free market system really works. Keep speading the truth about what Obama and his gang of thugs are all about.
redwhiteandblues 1 year ago
There ARE people who at a certain point have "enough money":
The IRS
Politicians
Public Sector Workers
Union Bosses and Workers
Welfare Recipients
IRONMANAustralia 1 year ago
@IRONMANAustralia hear hear!!!! if ANYONE has been greedy it is the government and the "poor"
Government feels SO good being charitable with OTHER people's money.
and to all you working class people... you are paying taxes... destroying your OWN prosperity for supporting this man-child
thordoggie 1 year ago
@thordoggie Well, I can't tell you when Bill Gates has "enough money", but I can sure as shit tell you that a welfare Mom smoking two packs a day, getting her hair done, while texting on her new iPhone is past the point where she has "enough money", no matter how hungry her kids are.
And I can also tell you that a government spending billions of dollars on corporate welfare has "enough money", no matter how big the national debt is.
IRONMANAustralia 1 year ago
@IRONMANAustralia you agree with me, and you're too stupid too realize it!!!
if YOU can't tell me when Bill Gates has enough money...who are you going to elect to make that decision?
why not just let business do what they know best?
thordoggie 1 year ago
@thordoggie I wasn't disagreeing with you at all - just continuing in that same vein.
I'll give you three guesses who is too stupid to realise any of this though.
Bet you can't guess. I'll give you a clue.
His name starts with "O".
IRONMANAustralia 1 year ago
@IRONMANAustralia please! you don't think i know obama is clueless? as most politicians are? i worked for the local government for a couple of yrs. 90%+ of politicians are lower than parasites
thordoggie 1 year ago
Who in the hell does this asshole think he is? Who the hell is HE to tell ME that I've made "enough money"??
BamaDan78 1 year ago
obama... FUCK YOU ASSHOLE!!!! who says how much is enough? YOU?!!!
leave it to me...for what YOU'VE accomplished in your life...you should be picking up aluminum cans for money. you're a worthless, incompetent. NOBODY in business would give you a job BECAUSE YOU CAN'T MAKE A PROFIT! OOPS! WRONG! YOU MADE A LOT OF MONEY DEALING POISON TO CHILDREN!
thordoggie 1 year ago
If you've followed Obama's career, this is NOT out of context. His entire life, attitude, body language, etc., shows that he has very little understanding about how capitalism works. He believes government is best equipped to solve problems. I simply believe history has shown time and time again he's dead wrong on that.
kevcarm101 1 year ago 13
I'm not in agreement w/ everything that this president says & does, just as I didn't agree w/ everything the LAST president said or did. However, it irritates the CRAP outta me when people take things out of context 2 fit their agendaregardless of whether it originates from the RIGHT OR the LEFT side of the aisle! I said the same w/ Bush (II) & Clinton, & I'm sayin that w/ Obama! C'mon, peoplethere are other things 4 which 2 VALIDLY criticize. No need 2 create sumthin! TOTALLY out of context!
kahalemusic 1 year ago
@kahalemusic Taken out of context? Please, then, enlighten us as to what he "meant" to say...
BamaDan78 1 year ago
@kahalemusic you don't seem to understand what 'taken out of context' means. FYI it means that the other things he said cause you to interpret THIS thing differently from what it sounds like. So... how did he mean it DIFFERENTLY from what we heard? "at some point you've made enough money" is pretty darn straightforward. WHAT WAS THE CONTEXT THAT MAKES IT MEAN OTHER THAN WHAT IT SEEMS TO MEAN? Until you tell me, I'll assume it means he thinks ppl shouldn't be allowed to make 2 much money.
daveperk 1 year ago
Who is he to tell us what is enough money????
Jennofthejungle49 1 year ago
@Top40
That's not the point. It's none of his business how much anyone makes. I've never heard a president say such things. The dems are always looking for their next demon. Chris Dodd the quitter, who is responsible for a lot of financial messes, should not even be allowed to touch this issue. He'll rob the cookie jar of all he can before he makes his getaway with Reid and Co. in November. Never in my life has a president or a party been so intrusive into so many aspects of this country.
jovidman69 1 year ago 11
lets continue with what he said after that:
"...But part of the American way is you can just keep on making it if you're providing a good product or you're providing a good service. We don't want people to stop fulfilling the core responsibilities of the financial system to help grow the economy. I've said this before. I've said this on Wall street just last week. I belive in the power of the free market."
destruantes 1 year ago
@destruantes in other words, making money because you want to make money is not 'fulfilling a responsibility'. ENlightened self-interest, as they call it, is NOT ENOUGH. In fact self interest is BAD. For Obama, success is a responsibility to the SYSTEM, a collective effort to benefit society, not a personal effort to benefit oneself and one's family. He believes in the 'power' of the free market.. but not the principles of it. come on, destruantes, this isn't hard.
daveperk 1 year ago
@daveperk well, That's the very foundation of the capitalist system to begin with - you make money by selling goods your services, EMPLOY others & let the market decide whether you succeed or not - benefits to society are per definition part of the system (employing others and your goods/services) thats what he talked about and you know it.
Self interest is good, but if you decide to NOT pay salories or NOT ship your goods because then you make more money - then self interest IS bad.
destruantes 1 year ago
@destruantes "decide not to pay salary" that is ILLEGAL. it's THEFT if you steal labor just like stealing investment capital or stealing goods by not shipping the paid for goods.. we already have LAWS about those things. Obama's not talking law. He's talking in collectivist terms and retaining for himself the right to decide whether what I do is FAIR even if I obey ALL LAWS, which btw is what 'enlightened self interest' means.. self interest without selfishness. THIS ISN"T HARD. :-)
daveperk 1 year ago
@destruantes Obama's not talking about evil, lawbreaking, cruel selfishness and greed. He's talking about whether making a profit by lending money to others is FAIR. He's talking about making profits by selling products which pollute the earth (oil, coal, etc) is FAIR to society. He is talking in leftist code for "government has the right to tell you what to do and what not to do even if you obey all laws". Central command and control, Stalin style. It's his deal, it's his LIFE.
daveperk 1 year ago
@daveperk You can find the ENTIRE speach at /watch?v=4n3mDp4l2o8 (the context of what he said starts at around 16:18 and goes on to about 19:28)
he IS talking about evil, lawbreaking cruel selfishness and greed - this entire segment of his speach covers just that - the fact taht you had people just like that on wall street that caused the econpmic crises and how to make sure it doesn't happen again. Watch it - it has NOTHING to do with selling products which pollute the earth.
destruantes 1 year ago
@daveperk and no, he's not talking about whether making a profit by lending money to others is fair, hell he even encourages it. What he has a problem with is the people on wallstreet that took unbelivable risks in a casino like system with other peoples money and kept the profits when it worked and told you to cover their losses when it didn't.
watch the video, you're an intelligent person - you speak english - there is no way that you can possibly miss it. IT ISN'T HARD ;-)
destruantes 1 year ago
This guy told Joe the Plumber he was gonna spread the wealth around. It's on tape. No one wanted to listen. Now he's telling us how much of that wealth we can have.
jovidman69 1 year ago 6
@jovidman69 Hey?,.. can we all agree this affirmative action shit has gone too far? This is one dumb monkey.
LiberalsStillSuck08 1 year ago
@jovidman69 I heard him loud and clear.
Stupid fucking retards voted for this moron.
Democrats are stupid.
They will look at their paycheck and see money being taken.
But they don't make the connection that morons like this guy are the ones who are gonna be taking more.
HandyMan101 1 year ago
We is in big trouble, here, peoples. :-)
1000buffalos 1 year ago 3
OBAMA: "Now, what were doing, I want to be clear, were 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." This fool ought to stop his spending or else you'll never make enough to afford a loaf of bread....its called hyperinflation.
dkkght46 1 year ago 3