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Redistributing the controversy

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POSTED: Thursday, September 20, 2012 - 5:07pm

UPDATED: Friday, September 21, 2012 - 10:54pm

In the last week, the Presidential race has become a battle of the video tapes.

Mitt Romney’s 47% comments have now been countered by statements made by the President several years ago. It’s an argument as old as the Bible.

In the Book of Acts… “And all that believed were together, and had all things common; And sold their possessions and goods, and parted them to all men, as every man had need.”

But 2000 years later, the idea of redistributing the wealth of a community has taken on very different meanings.

So when President Obama was participating in a workshop at Loyola University, when he was a state Senator, he said this, "I think the trick is figuring out how do we structure government systems that pool resources and hence facilitate some redistribution because I actually believe in redistribution…”

The Romney campaign had a counterpart to the Romney tape we have been debating for a week now.
Democrats argue that the rest of the comment puts it in a different context.

"…at least at a certain level to make sure that everybody's got a shot. How do we pool resources at the same time as we decentralize delivery systems in ways that both foster competition, can work in the marketplace, and can foster innovation at the local level and can be tailored to particular communities."

But for some, the tape is a smoking gun.

It remains to be seen how this latest political hot potato plays out, or doesn’t.

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Then why hasn't the democrats balanced the budget?

THE DEMOCRATS ARE THE ONLY ONES WHO HAVE EVER BALANCED THE BUDGET AND THAT HAS ONLY BEEN TWICE IN THE HISTORY OF OUR NATION.

THE DEMOCRATS DO NOT CONTROL CONGRESS, THE REPUBLICANS DO.

John Boehner says Obama engaged in a spending binge that rang up a $16-trillion debt
If you include all growth in the national debt under the Obama administration, it’s roughly $5.4 trillion, not $16 trillion. The administration inherited a national debt of more than $10 trillion when it came into office. But Boehner’s claim saddles the administration with responsibility for all of the $16 trillion. Statement is False
http://www.politifact.com/ohio/statements/2012/sep/19/john-boehner/john-...

Obama says Romney talks tough on China but puts his money there
The Romney campaign confirms this statement. In particular, news reports show as recently as this year, Romney had money invested in funds that owned shares in two Chinese firms.
We rate the statement Mostly True.
http://www.politifact.com/truth-o-meter/statements/2012/sep/20/barack-ob...

Mitt Romney says “redistribution” has “never been a characteristic of America”
Reasonable people can disagree about the wisdom of it, but redistribution has been a basic principle of the U.S. tax system and many federal programs, including some such as veterans benefits that have long attracted support from Republicans. Pants on Fire!
http://www.politifact.com/truth-o-meter/statements/2012/sep/20/mitt-romn...

mitt said he wants to redistribute the wealth also when he said he would close tax loop holes on the wealthy to gain more income for the government. That is redistribution just look it up in the Webster Dictionary.

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