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Obama: "I do think at a certain point you've made enough money"
Barack Obama went off the TelePrompter in his speech to a Quincy, Illinois audience about Wall Street reform. After saying that Democrats dont begrudge success thats "fairly earned," Obama then ad-libs -- and reveals more about himself than he probably wanted:

Were not, were not trying to push financial reform because we begrudge success thats fairly earned. I mean, I do think at a certain point youve made enough money. But, you know, part of the American way is, you know, you can just keep on making it if youre providing a good product or providing good service. We dont want people to stop, ah, fulfilling the core responsibilities of the financial system to help grow our economy.

Wondering if that 5.5 million income he reported on his 2009 tax return is enough money?
Compare that to his remarks as prepared for delivery:
Now, were not doing this to punish these firms or begrudge success thats fairly earned. We dont want to stop them from fulfilling their responsibility to help grow our economy.

He should have stuck with the TelePrompter. The President doesnt get to decide when people have "made enough money." In fact, as the radio host notes, thats a statist point of view. Furthermore, the responsibility of an entrepreneur isnt to "grow our economy," core or otherwise. Its to grow his own economy. In a properly regulated capitalist system, the natural tension of self-interests create economic growth through innovation and efficient use of capital and resources.

Put simply, a free people work for themselves, not for the government. Barack Obama seems to have a problem understanding that.

Posted by: 746 2010-04-29
http://www.rantburg.com/poparticle.php?ID=295666