Obama’s Marxist ideas are frightening
Friday, August 1st, 2008When a friend emailed this policy paper to me today, I was shocked by the degree of populist pandering by the Obama campaign. His ideas about taking money from one person or group and giving it to another person or group are not new. But the type of redistribution in such a blatant fashion — taking from oil company profits and giving the money directly to the masses in order to buy votes — is breathtaking.
The Politico reports,
“Sen. Barack Obama (D-Ill.) on Friday announced an “Emergency Economic Plan” that would give families a stimulus check of $1,000 each, funded in part by what his presidential campaign calls “windfall profits from Big Oil.”
America is not a culture, nor has it ever been, where this kind of socialist scheme is accepted. “Upset that you can’t pay your bills? That’s okay, just use force to take money from someone that has more money than you.” Class warfare is rampant in the Democrat Party, but this Obama “Emergency Economic Plan” goes beyond the normal rhetoric and crosses the line into something dangerous.
Republics fall with such policies, driven by ambitious politicians that play up the victimhood of the people and focus their anger on convenient scapegoats. Most businesses have a profit margin of around 7-9%, and Exxon Mobil falls within that average. If Obama and his socialist allies are so worried about “windfall profits” perhaps they should impose a tax on liberal college professors who make six figures, and give the money to students to buy books. Maybe they should implement a windfall profits tax on trial lawyers who make more than $80,000 a year and give the money to the jurors who get paid next to nothing.
The Obama campaign truly frightens me in its demagogic quest to do whatever it takes to win the election. If this man gets elected, hold onto your wallets, and be ready to get mugged by the federal government.
