Wednesday, May 5, 2010

Enough is Enough?

On April 28, speaking before a crowd in Quincy, IL, President Obama took his eyes off his teleprompter long enough to ad lib this gaffe-tastic gem:

I don't think his prepared remarks were actually a whole lot better:

"Now, we’re not doing this to punish these firms or begrudge success that’s fairly earned. We don’t want to stop them from fulfilling their responsibility to help grow our economy."

Even Obama's prepared remarks belie a gross misunderstanding of the economy; a business exists to make money for those that have invested in it: a single proprietor, a group of partners, or public shareholders.

Ah, but I digress. Certain things about Obama can plausibly be chalked up to ignorance, but as is so often the case, you have to listen to what he says and what he doesn't say to get the big picture.

Who decides what is "fairly earned" success? Who determines how much money is "enough money?" Obama may try to put our mind at ease by implying that he speaks for the common people, but he makes it clear to me that he thinks he is somehow smarter than the collective wisdom of over 300,000,000 people. While Obama crows about things like "enough" and "fairly earned," he should be worrying about what is legal. He shouldn't have to look any farther than The Constitution to determine that.

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