60 online
Most Popular Choices
Share on Facebook 15 Printer Friendly Page More Sharing
Exclusive to OpEd News:
OpEdNews Op Eds    H3'ed 3/13/09

Volunteers Needed For the War on Rich People

By       (Page 1 of 3 pages)   3 comments

     According to Republicans and their media mouthpieces, President Barack Obama has declared a war on rich people.

·       “[President Obama] is declaring war on investors,   entrepreneurs, small businesses, large corporations, and private-equity and venture-capital funds.”--Larry Kudlow, CNBC, 2/27/09

·        “Obama chose a time of recession to propose a massive increase in progressivity--a 10-year, trillion-dollar haul from the rich, already being punished by the stock market collapse and the housing market decline. [The plans are so radical,] there will not be enough wealthy people left to bleed.”--Michael Gerson (a former Bush speechwriter), The Washington Post, 3/5/09

      They are calling it a “class war” (from Media Matters, 2/27/09).

 ·        [MSNBC’s] Michelle Bernard said Barack Obama “was almost declaring class warfare” in his speech to Congress;

 ·        CNBC’s Carlos Quintanilla said, “I don’t want to call it class warfare, although that’s what it may end up being in the end, this debate over wealth redistribution”.

 ·        Politico ran an article headlined “Class warfare returns to D.C.”.

 ·        MSNBC ran a segment asking: “Is there a war against the wealthy? Do we have a class war developing?”


      What has President Obama done to start a class war and throw these pundits into such a tizzy?

      He has proposed to:

 ·        Roll back the Bush tax cuts on families making more than $250,000 per year or single filers earning more than $200,000 per year.

 ·        Raise taxes on the gas and oil companies that made record profits while Americans paid record gas prices.

 ·        Eliminate subsidies paid to private insurers in Medicare and drug companies in Medicaid, and put the savings toward healthcare reform.

 ·        Make the investor class pay the same tax rate as the working class.

      In other words, President Obama is proposing to do exactly what he said he would do--if elected President.

Next Page  1  |  2  |  3

(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).

Must Read 3   Well Said 2   Supported 2  
Rate It | View Ratings

Michael Youther Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Mick Youther is an American citizen, an independent voter, a veteran, a parent, a scientist, a writer, and all-around nice guy who has been roused from a comfortable apathy by the high crimes and misdemeanors of the Bush Administration.

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEd News Newsletter
   (Opens new browser window)

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Scientists Discover That Conservatives Are Brain-Dead

It is Time to Raise Taxes on the Wealthy and Save the American Dream

The Rottenness of John McCain

One Word to Describe Bush and Bush as a Vocabulary Word

Why Are We Still Fighting in Afghanistan?

Bu$hWorld--The End Game

To View Comments or Join the Conversation:

Tell A Friend