Now that Obama’s agenda has been amputated, are you ready for the “Wealth Envy” populist play?

Posted on June 1st, 2010 by admin1 in democratic marketing strategy

This week, he basically "raped" the banks and we see the effect on the market and our 401k’s:

worst 3 day run since March. Some investors are saying he will cause a "1000 pt correction".
This is not about "regulation" and more about punishing them. Not smart when we’re trying to get them to free up lending.

Do you believe this is just the beginning of the Democratic strategy of attacking the "rich" (successful) in an attempt to get the people angry enough to follow misguided policy?

Or, we he revert to blaming Bush?

He is absolutely committed to transferring wealth from one group to another if not by healthcare, then by any means possible, but bashing Wall St. and killing investor confidence, this just transfers wealth to vapor, and low yield fixed income investments, not growth.

O would understand this if he was a businessman.

9 Comments on “Now that Obama’s agenda has been amputated, are you ready for the “Wealth Envy” populist play?”

  1. Bill G IV

    With this guy you always have to watch both hands all the time.
    Personally, I think this is just another diversion from some other nightmare.References :

  2. ck4829

    "Do you believe this is just the beginning of the Democratic strategy of attacking the "rich" (successful) in an attempt to get the people angry enough to follow misguided policy?"

    I don’t think that being born into the right family counts as being successful, sorry. Sounds like wealth envy is when the rich want the small things that the non-wealthy have.References :

  3. RockIt

    He is absolutely committed to transferring wealth from one group to another if not by healthcare, then by any means possible, but bashing Wall St. and killing investor confidence, this just transfers wealth to vapor, and low yield fixed income investments, not growth.

    O would understand this if he was a businessman.References :

  4. Arnold

    Obama is just trying to divert anger away from his own socialist policies. Expect more of this in the future.References :

  5. Beermrbeer

    What he fails to realize is that elections count. We the people can remove his black ass if we choose to. So we need not rely on him being shot for our nations security. If he tries the wealth envy card, I feel that will be the end of him. The people have had enough and were mad as hell!References :

  6. Little Hussein

    He needs to have his Black ding dong amputated !!References :

  7. meg

    There is good policy reasons to tax big banks and put restriction on what they can do because they have and will cost us a lot of money not only in bailouts but in the harm they did/will do the economy. If the way to get support for the legislation is to appeal to people anger that is fine with me. If the level of the stock market was a good measure of how the country was doing people would not be mad at Obama it the first place since the market has been doing fine. It is the people who are suffering.References :

  8. Snarky

    It is just the next step to take from the Obama play book: Rules for Radicals By Saul Alinsky. The main agenda is to collapse the financial infrastructure to such a point that the people will be forced to depend on the government for all their needs. Wealth envy is the best tool to do that with. As for the 401k’s, the next step they plan to take, is to bring them under government protection, for your own safety, good, and well being. Isn’t that nice. The government that has spent itself into oblivion is now wants to take care of your 401k for you?
    I am sure that you can trust them to take very good care of it.References : http://www.crossroad.to/Quotes/communism/alinsky.htm

  9. Corky R

    The thing that gets me is that he’s spouted this socialistic rhetoric since long before he got elected, and even during his campaign he told his followers exactly what he was going to do when he got into office. Apparently they didn’t believe him, or they weren’t listening to him, they were listening only to their own chants of "We want change, we want change . " Well we’re getting change, unfortunately not the change the young, mostly black and illegal alien voters were looking for, or maybe it is. And how about his pet group, ACORN, talk about a mess. They were probably more instrumental in getting him elected than any other group or entity in the country. I’d bet money they scoured the streets and talked to every young person they could come across about him and what wonderful things he would do for them, if they would just get registered and vote. Personally, I think the voting age should be 21, not 18. Hell, most 18 year olds are lucky if they can find their ass with both hands, let alone be well enough informed to vote for a president of the most powerful nation in the world. This man had not done ANYTHING, nothing at all in the political world, especially nothing that should have prepared him to be president of the United States. We have a chance now to show him that WE, THE VOTERS, in this country, have the power to take him out, even if we have to do it one ignorant Senator and Representative at a time. We need to show him this November just whose United States this is!!!References :

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