From Zero Hedge:
All that debt Obama acquired, and all the stimulus did work to
redistribute wealth and income — it worked to redistribute wealth and income
toward the well-connected crony capitalist groups that funded Obama into
office. Obama can talk all he likes about cutting taxes for the middle class;
the data shows who Obama’s redistribution policies have overwhelmingly
favoured. Of course, leftists and statists often end up favouring the
super-rich. That’s been the underlying reality of communism — politburos,
bureaucrats, technocrats, party members all benefit at the expense of
everyone else (in spite of all that proletarian rhetoric). Inviting the state
to carve up national income and redistribute it is an invitation to corruption,
and graft. Obama talks an updated version of the old communist rhetoric about
redistributing wealth to the working class — he even adopted Stalin’s slogan
“forward” — yet just like Stalin the reality of his policies is more wealth for
the richest and most well-connected. What a surprise.
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