Obama: “I do think at a certain point you’ve made enough money”

posted at 8:48 am on April 29, 2010 by Ed Morrissey

Via News Alert and Breitbart TV, consider this Share the Wealth 2010. Barack Obama went off the TelePrompter in his speech to a Quincy, Illinois audience about Wall Street reform. After saying that Democrats don’t begrudge success that’s “fairly earned,” Obama then ad-libs — and reveals more about himself than he probably wanted:

We’re not, we’re not trying to push financial reform because we begrudge success that’s fairly earned. I mean, I do think at a certain point you’ve made enough money. But, you know, part of the American way is, you know, you can just keep on making it if you’re providing a good product or providing good service. We don’t want people to stop, ah, fulfilling the core responsibilities of the financial system to help grow our economy.

Compare that to his remarks as prepared for delivery:

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.

He should have stuck with the TelePrompter. The President doesn’t get to decide when people have “made enough money.” In fact, as the radio host notes, that’s a statist point of view. Furthermore, the responsibility of an entrepreneur isn’t to “grow our economy,” core or otherwise. It’s to grow his own economy. In a properly regulated capitalist system, the natural tension of self-interests create economic growth through innovation and efficient use of capital and resources.

Put simply, a free people work for themselves, not for the government. Barack Obama seems to have a problem understanding that.


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I’ve determined that you need to SPREAD YOUR WEALTH AROUND.

Vote Out Obamacrats in 2010
Anybody Else in 2012

Good Lt on April 29, 2010 at 8:50 AM

Put simply, a free people work for themselves, not for the government.

Obama and his disciples don’t believe in free people working for themselves.

They instead believe that there are slaves and masters, and they intend to be the masters.

Good Lt on April 29, 2010 at 8:51 AM

I do think at a certain point, you have enough power. Dear Liar doesn’t think so. Fascist-in-Chief.

rbj on April 29, 2010 at 8:52 AM

Open mouth, insert foot.

gsherin on April 29, 2010 at 8:52 AM

At what point does a leader have too much power? At what point does a government have too much influence over its populace?

Any limits on that, Comrade Obama?

What he must have learned sittin’ on mommy’s commy lap….

EMD on April 29, 2010 at 8:52 AM

Keep talking Mr. President. Tell us all about your beliefs.

thebrokenrattle on April 29, 2010 at 8:52 AM

This doesn’t come as a shock to those of us who sounded the alarm bell after the Joe the Plumber incident. The man is a Marxist. He has a pay czar in his administration for God’s sake! Today he’s going after Wall Street, but you know it’s only a matter of time before he targets other professions.

Except of course for lawyers, actors, athletes, lobbyists, and politicians.

Doughboy on April 29, 2010 at 8:52 AM

As the real Messiah–Jesus Christ–said, “Out of the abundance of the heart the mouth speaks.”

itsnotaboutme on April 29, 2010 at 8:52 AM

Well, thanks to the spineless Republicans being afraid of Obama and deciding to vote on his new financial legislation… I’m afraid El Presidente WILL decide how much money is “enough” for the rest of us to make.

This is no longer America.

Skywise on April 29, 2010 at 8:52 AM

When is he planning to give his 5 million away? I’d like to be in line.

jeanie on April 29, 2010 at 8:53 AM

I’ve been calling him a Commie for at least a year now.

bitsy on April 29, 2010 at 8:54 AM

Skywise on April 29, 2010 at 8:52 AM

They just let it comes to floor to be debated. I can be filibustered again on a final vote.

gsherin on April 29, 2010 at 8:55 AM

Well then good for him. He can start donating his whole paycheck towards the deficit. Or if that doesn’t suit his fancy, he can spread it around to the voters who voted for him by donating to shelters in their districts. Give it away if you have had enough. But the rest of us still have bills to pay.

texasconserv on April 29, 2010 at 8:55 AM

L’Il Duce!!

james23 on April 29, 2010 at 8:56 AM

I mean, I do think at a certain point you’ve made enough money.


….I am sure “enough money” includes the millions of dollars Obama gets from Wall St.,Oil Companies,Unions,and leftist activists groups like code pink and Answer…..

Baxter Greene on April 29, 2010 at 8:56 AM

Empty out your “stash” BO, and spread the wealth around.

You have too much, right?

Cody1991 on April 29, 2010 at 8:57 AM

I wonder what President Obama’s net worth is. He’s probably just barely getting by.

Heralder on April 29, 2010 at 8:57 AM

This from a man that has an actual person in a highly paid office that is helping setup a pay cap for Wall Street Execs. If anyone, and I mean anyone, says he is not a socialist, they are either lying or they do not know the definition of the word.

Johnnyreb on April 29, 2010 at 8:58 AM

Douchebag? You make the call.

jdflorida on April 29, 2010 at 8:58 AM

“I’ve got mine – and I’m taking away YOURS!”
– Socialist-in-Chief

rockbend on April 29, 2010 at 8:58 AM

I wonder where we would be today if people like Carnegie, Schwab, Mellon, Rockefeller, Ford and others had decided to lay back after they were earning “enough” money? I suspect it wouldn’t be so pretty – here or in Europe.

forest on April 29, 2010 at 8:58 AM

Skywise on April 29, 2010 at 8:52 AM

They just let it comes to floor to be debated. I can be filibustered again on a final vote.

gsherin on April 29, 2010 at 8:55 AM

Yeah, just like the health care bill. That bill should be a non-starter and they KNOW IT. If the Democrats maintain enough of a majority they’ll just reconcile it next year.

Skywise on April 29, 2010 at 8:59 AM

Keep going off prompter,we love it!

ohiobabe on April 29, 2010 at 8:59 AM

Well, you, Barry, for certain are clearly overpaid.

stenwin77 on April 29, 2010 at 8:59 AM

I think Barry should lead by example, how bout give all the money he got from the book Bill Ayers wrote for him. How about after he gets booted out in 2012 he moves into a Chicago housing project. How about he lives off of welfare and foodstamps. Total Douchebag.

Daveyardbird on April 29, 2010 at 8:59 AM

I think several million dollars is “enough” for any one first family. Right, Barry? I mean, especially when there are so many people suffering in the world while you drop ten thousand dollars on a date night with your wife?

Time to SPREAD YOUR WEALTH AROUND, Mr. President. Bring your income down to the average income in the private sector.

Doing anything less than this makes you a hypocritical liar.

Good Lt on April 29, 2010 at 9:00 AM

“I’ve got mine – and I’m taking away YOURS!”
– Socialist-in-Chief

rockbend on April 29, 2010 at 8:58 AM

Comment of the day.. Nails it!

Keemo on April 29, 2010 at 9:00 AM

True colors.

blatantblue on April 29, 2010 at 9:00 AM

Jeez. All he had to do was read one famous Adam Smith quote, not even the whole book:

It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest. We address ourselves, not to their humanity but to their self-love, and never talk to them of our own necessities but of their advantages

albo on April 29, 2010 at 9:01 AM

At some point, an incompetent fraud has made too much money, and caused too much damage IYKWIMAITYD.

Vashta.Nerada on April 29, 2010 at 9:02 AM

Liberals/Progressives think the economy is a zero-sum game. If someone is making more, that means somebody else is making less. They can’t imagine the pie growing, it’s only how the pie is divided.

PatMac on April 29, 2010 at 9:02 AM

I mean, I do think at a certain point you’ve made enough money.

Enough money for what?

DaydreamBeliever on April 29, 2010 at 9:02 AM

Have you told all your Hollywood donors this?

Wethal on April 29, 2010 at 9:03 AM

What about us who havent had a chance to make ANY money? mr president. Whadda Dumbass.

Strike that
; Whadda Dangerous Dumbass.

5u93rm4n on April 29, 2010 at 9:03 AM

This already seems like the longest presidency in out history. Every day seems like it is months long. 2012 is so far away.

myrenovations on April 29, 2010 at 9:04 AM

Wonder whether Bill Ayers thinks President Obama made too much from that certain book….

chaswv on April 29, 2010 at 9:04 AM

This guy is such a pony

blatantblue on April 29, 2010 at 9:04 AM

Too many people have forgotten that an essential part of freedom is accepting that you don’t get to make decisions for other people. ie: It’s not your business.

Sackett on April 29, 2010 at 9:05 AM

@Ed,

I believe this is the more damning part of the quote:

you can just keep on making it if you’re providing a good product or providing good service

What he means is, “If you’re selling carbon offsets or make movies about the evils of capitalism, ah, we’re fine with it, nothing wrong, ah, becoming a billionaire from that.”

Niko on April 29, 2010 at 9:06 AM

…Oh yea…speaking of money….Obama might want to get some of it back from Pakistan:

Intel: Pakistan Taliban Chief Now Believed Alive
Associated Press
http://www.foxnews.com/world/2010/04/29/intel-pakistan-taliban-chief-believed-alive/#/world/global-terror/ci.Intel%3A+Pakistan+Taliban+Chief+Now+Believed+Alive.opinionPrint

Revelation contradicts initial confidence among U.S. and Pakistani intelligence officials that the brash militant leader had been killed in a mid-January missile attack in Waziristan.

…..So all that bragging from the anti-war crowd about how well they were waging war with tools inherited from the Bush administration is coming up short in reality.

This revelation combined with this:


Pakistan released two Afghan Taliban leaders?

By Bill RoggioApril 10, 2010 9:18 PM
http://www.longwarjournal.org/threat-matrix/archives/2010/04/pakistan_released_two_afghan_t.php

According to The Washington Post, Pakistan’s Inter-Services Intelligence agency has freed two top Afghan Taliban commanders. The names of the two commanders have not been disclosed. If this is true, this will really put a dent into Pakistan’s claims that it is serious about dealing with the Afghan Taliban:

….shows that the liberal messiah Obama who was going to show everybody how the “adults” get it done is fairing no better than anyone else when it comes to the Pakistan/Afghanistan shell game.

…The economy,domestic policy,international policy….the great Obama who was going to change the world is coming up seriously short in the results catagory and left to whine about “it’s Bush’s fault”.

“Yes We Can!!!!!!!”

Baxter Greene on April 29, 2010 at 9:07 AM

Nobody limited how much money he could make for himself…

But he is going to limit how much any else can make???

God HELP America.

rockbend on April 29, 2010 at 9:07 AM

Ummm… George Soros? Warren Buffet? WTF. My liberal hypocracy-o-meter just maxed out.

bitsy on April 29, 2010 at 9:07 AM

Too many people have forgotten that an essential part of freedom is accepting that you don’t get to make decisions for other people. ie: It’s not your business.

Sackett on April 29, 2010 at 9:05 AM

That was called something… what was that… oh yeah… SLAVERY.

Skywise on April 29, 2010 at 9:07 AM

What exactly, in real dollars, is that point?

holygoat on April 29, 2010 at 9:08 AM

Ummm… George Soros? Warren Buffet? WTF. My liberal hypocracy-o-meter just maxed out.

bitsy on April 29, 2010 at 9:07 AM

mine’s been broken for a good 5 years

blatantblue on April 29, 2010 at 9:08 AM

Barack will never allow you to go back to your lives as usual, uninvolved, uninformed.”

Michelle Obama

I miss our pre-Obama lives.

obladioblada on April 29, 2010 at 9:09 AM

This man seems more dangerous by the day.

petefrt on April 29, 2010 at 9:09 AM

Coming from a man who has never worked a real job in his life. Funny. (Not.)

Remember. November.

publiuspen on April 29, 2010 at 9:09 AM

Be fun to see some of Barack’s ueber-rich supporters from 2008 questioned about his latest bon mot to the entrepreneurial class. But unless someone like Warren Buffett happens to already be booked on CNBC today or Friday and with an interviewer who actually has the nerve to ask the question, that’s not likely to happen.

jon1979 on April 29, 2010 at 9:10 AM

Maybe it is wise to hold Obama’s salary to no more than what a Kenyan would get in Kenya. It’s about all he is worth.

Does this fool not know people think he is a moron?

tarpon on April 29, 2010 at 9:10 AM

If the media would have done their job….sigh. I blame the media.

deidre on April 29, 2010 at 9:11 AM

I mean, I do think at a certain point you’ve made enough money.

…So when will he be telling all of his hollywood and musical activists friends how much money they are allowed to make??????

….I can promise you Matt Damon made to much money for the “Green Zone”…..

Baxter Greene on April 29, 2010 at 9:11 AM

What will they do when there is not much take home left in peoples paychecks?

docflash on April 29, 2010 at 9:11 AM

This speaks to the everlasting tension between those in the private sector–who are paid in money–and those in politics–who are paid in power.

Does Obama have enough power yet?

HakerA on April 29, 2010 at 9:12 AM

OBAMA’S MARTIAL LAW IS COMING!

Cybergeezer on April 29, 2010 at 9:12 AM

Radio host? That’s Mark Levin, the more intelligent radio personality of all when you want to talk nuts and bolts law and Constitution—and he’s hilarious, too. I download his show everyday since he’s free. I’m no longer surprised at what comes out of Barry’s mouth. The best part is that since he never shuts up, the newly attentive independents are getting an earful in time for November.

Renwaa on April 29, 2010 at 9:12 AM

GREAT! I think YOU should therefore make a small down payment on our debt by putting $4,750,000 into the Treasury. (That’s what YOU made last year over and above the $250,000 you think is “reasonable” to make.)

When YOU pay up, then I’ll think about listening to this drivel. Until then, all you are is a hypocritic and liar!

UnderstandingisPower on April 29, 2010 at 9:12 AM

The smug pygmie taunted us a few months ago, “some people say what we’re doing is… uhhh, socialistic.”

Mister President, I’m starting to wonder if you really know what the word means after all? You spoke with such authority when you ridiculed us.

Maybe in the past we stretched the word to fit.

But today, the application of the word socialist to you is more than metaphor, more than analogy, indeed, it’s no longer subject to any claim of equivocation whatsoever. We’re to the point right now, Mister Obama, where the Oxford English Dictionary may well be preparing to update its entry for the word socialist by displaying the following in bold face and all caps: SEE BARACK HUSSEIN OBAMA.

jeff_from_mpls on April 29, 2010 at 9:12 AM

Why do we put up with this? Of course this is what Obama believes–we’ve known that all along. But to varying degrees, it’s what most of our politicians believe, Republicans included. I can count on one hand the number of pols in Washington who truly fight to preserve our liberty and protect private property rights of Americans. It’s not enough for supposed conservatives to support lower tax rates. Any time they seek an earmark, vote for a subsidy or a new entitlement program, they are telling us that they don’t have a problem taking what rightfully belongs to one American and giving it to another American. And it’s always immoral.

flyfisher on April 29, 2010 at 9:12 AM

What exactly, in real dollars, is that point?

holygoat on April 29, 2010 at 9:08 AM

The amount Obama approves, of course, and that will vary depending on how much of your money he thinks he can take. It’s like when life begins — by Democrat standards: when the baby’s wanted, neither one moment before nor one moment after. Hope that helps.

inviolet on April 29, 2010 at 9:12 AM

Will say it again from the other thread:

am relatively poor by American standards, by choice, and will be my whole life, and that is the most f****** messed up thing I think I’ve ever heard from a sitting American president.

inviolet on April 29, 2010 at 9:13 AM

that’s MOST intelligent. Sheesh…

Renwaa on April 29, 2010 at 9:13 AM

Time to retire to obscurity in exile then Ogabe.

Inanemergencydial on April 29, 2010 at 9:13 AM

I assume “enough money” is over $650 million.

Lehosh on April 29, 2010 at 9:13 AM

Ummm… George Soros? Warren Buffet? WTF. My liberal hypocracy-o-meter just maxed out.

bitsy on April 29, 2010 at 9:07 AM

Just now? Mine broke the first time I heard a liberal speak.

Wolftech on April 29, 2010 at 9:14 AM

Hey Barrack; Just devalue the dollar. That fixes it! Nothin’ for you to worry your fuzzy little head about.

Cybergeezer on April 29, 2010 at 9:14 AM

This already seems like the longest presidency in out history. Every day seems like it is months long. 2012 is so far away.

myrenovations on April 29, 2010 at 9:04 AM

KSM was only waterboarded 183 times and it was over, he was lucky… having to deal with the idiocy of the Racist-in-Chief daily feels like being waterboarded 183 times each and every day.

WordsMatter on April 29, 2010 at 9:14 AM

Obama: “I do think at a certain point you’ve made enough money”

talk about audacity….geez!

why aren’t folks crying foul on this schmuck

cmsinaz on April 29, 2010 at 9:15 AM

This from a man who is a business and economics illiterate, a man that has never run so much as a lemonade stand.

petefrt on April 29, 2010 at 9:15 AM

WordsMatter on April 29, 2010 at 9:14 AM

Cracked me up; in a painful way…

Keemo on April 29, 2010 at 9:16 AM

When you can live a life of luxury off the interest of your wealth, then maybe you have made enough.

Holger on April 29, 2010 at 9:16 AM

Time to take the white’s land eh Robert Hussein Ogabe?

Inanemergencydial on April 29, 2010 at 9:16 AM

cmsinaz on April 29, 2010 at 9:15 AM

Because if you say anything against him, you are automatically a racist.

Wolftech on April 29, 2010 at 9:16 AM

Even knowing this is what he thinks, it’s shocking to hear him say it out loud.

America, are you listening?

Dee2008 on April 29, 2010 at 9:16 AM

I mean, I do think at a certain point you’ve made enough money. But, you know, part of the American way is, you know, you can just keep on making it if you’re providing a good product or providing good service.

Did the President just call himself unAmerican?

Tongueboy on April 29, 2010 at 9:17 AM

Which was the dwarf with the big ears? Was it Dopey?

Someone needs to pull little Dopey aside and explain that capping income caps taxes which caps his socialist spending, which will leave no more reason for his followers to like him.

This could seriously damage his whole messiah complex.

jeff_from_mpls on April 29, 2010 at 9:17 AM

If we each have a “responsibility to grow the economy”….

Well, that goes pretty far in explaining how they view the health care madate as legal under the Commerce Clause.

And it answers the question: Do they work for us or do we work for them?

jeanneb on April 29, 2010 at 9:18 AM

mine’s been broken for a good 5 years

blatantblue on April 29, 2010 at 9:08 AM

My old one broke so I ordered one of those new heavy duty Obama-era models; it was on sale and my city offers a cash rebate if you order an energy efficient model.

bitsy on April 29, 2010 at 9:18 AM

Bill and Melinda Gates are out trying to save the World now, and as it turns out, Gates doesn’t have enough money. He could’ve earned 200-billion, and still not have enough money now for what he’s trying to do. Why would someone want to stop him? He’s saving a lot of lives with all that “evil” money.

RBMN on April 29, 2010 at 9:19 AM

Wolftech on April 29, 2010 at 9:16 AM

my bad…with the way things are going, everyone will be under the bus before 2012

cmsinaz on April 29, 2010 at 9:19 AM

Put simply, a free people work for themselves, not for the government. Barack Obama seems to have a problem understanding that.

No, no, he understands that perfectly well as that is the axiom of the socialistic/communistic world; that everyone abandons their own personal interests for the sake of the ‘common good’. That’s the hive mentality that we are nothing more that worker bees in the socialistic collective.

docdave on April 29, 2010 at 9:19 AM

Some Leftie chick was on Fox & Friends this morning decrying the use of toys in kids meals because it allows children to use the “whine factor” on parents, forcing them to buy poison to feed their children But the “whine factor” is perfectly okay for the Left to use on children to promote Global Warming to non-compliant parents.

Cindy Munford on April 29, 2010 at 9:20 AM

jeff_from_mpls on April 29, 2010 at 9:17 AM

He’s a messiah just like Fidel Castro was a messiah.
The entire planet will regret this president.

Cybergeezer on April 29, 2010 at 9:20 AM

I’ve got mine. I want yours. What’s so hard to figure out? The man is the antithesis of all that has been America. If he is not stopped, and his rediculous and bankrupting legislation overturned, I fear our once great nation will be lost.

Crusader Rabbit on April 29, 2010 at 9:20 AM

Well then good for him. He can start donating his whole paycheck towards the deficit. Or if that doesn’t suit his fancy, he can spread it around to the voters who voted for him by donating to shelters in their districts. Give it away if you have had enough.But the rest of us still have bills to pay.

texasconserv on April 29, 2010 at 8:55 AM

We have a ginormous debt. I am sure Dear Leader would be delighted to “spread his wealth around”. My offer to trade him to various foreign countries in the next three years till we paid our debt still stands.

nyx on April 29, 2010 at 9:21 AM

I’ve got the tired marks to show.

I wear em like a badge of honor.

Shoved under the Obarfy Bus

blatantblue on April 29, 2010 at 9:21 AM

I’ve got mine. I want yours. What’s so hard to figure out?

Crusader Rabbit on April 29, 2010 at 9:20 AM

My dogs have the same attitude after they’ve eaten & I’m eating.

rbj on April 29, 2010 at 9:21 AM

misstyped ridiculous

sorry

Crusader Rabbit on April 29, 2010 at 9:22 AM

Something tells me that “enough money” happens to be right around $5.5 million.

uknowmorethanme on April 29, 2010 at 9:23 AM

Put simply, a free people work for themselves, not for the government. Barack Obama seems to have a problem understanding that.

He understands full well, Ed. He rejected that idea years ago.

SKYFOX on April 29, 2010 at 9:23 AM

Obama and his disciples don’t believe in free people working for themselves.

They instead believe that there are slaves and masters, and they intend to be the masters.

Good Lt on April 29, 2010 at 8:51 AM

uknowmorethanme on April 29, 2010 at 9:24 AM

Hey, I’m down with this. Obama made how much last year? $5M+? OK, I can live on that the rest of my life. Quite comfortably as a matter of fact. Where does Barry draw the line though? Six million? More? And like Ed said, who’s he to decide? Oh yeah, “I’m the decider”. [Nevermind that a Rep said it.] Obama = Dad. Thanks, Dad. Where’s my $5M allowance? I’ve got a hot date tonight.

JimP on April 29, 2010 at 9:24 AM

tire, not tired

blatantblue on April 29, 2010 at 9:24 AM

Related – Al Gore just bought an $8.5 million seaside vista.

Will Obama tell him that “that’s enough?”

And will the Obamacrats line up behind him and chide Al Gore for “extravagance” and “excessive wealth?”

For some reason, given Obamacrats’ well-known adherence to practicing what they preach, I just doubt it…

Good Lt on April 29, 2010 at 9:24 AM

Notice the trolls avoid these threads like the Plague.

uknowmorethanme on April 29, 2010 at 9:24 AM

my bad…with the way things are going, everyone will be under the bus before 2012

cmsinaz on April 29, 2010 at 9:19 AM

I hope we throw him under the bus before 2012.

nyx on April 29, 2010 at 9:25 AM

Interview ambush: Quick question, Mister President: what is different about your socialist plan that you seem to believe will make it succeed where every one of its 19th and 20th century predecessors failed?

jeff_from_mpls on April 29, 2010 at 9:25 AM

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