AOL News has a new home! The Huffington Post.
Click here to visit the new home of Politics Daily!Redistribution of wealth is NOT allowed - when it is redistributing it downward.
In the 50's and 60's this country was in an economic boom time of jobs, manufacturing, new small businesses, housing sales, car sales...
And the top 1% paid up to a 90% tax rate.
Now the rich are paying less than 30% and with loopholes-usually less.
So the rest of the U.S. Middle Class and working poor have been redistributing wealth UPWARD to cover these slackers for 30 years. That's what 'trickle down' economics IS - Redistribution of wealth upwards to the rich. As we found out the hard way, it only works for the rich.
But somehow the 'news' media has everyone convinced that it's a BAD BAD thing to redistribute it back Downwards to the middle class and poor. Yet that is what brought us out of the Great Depression and kept the economy growing for over 40 years.
PT Barnum was right.
I am not a fan of Mr. O'Reilly. I am a US Patriot and support our President. With that being said, I found the interview to be very fair. Mr. O'Reilly has a history of being very tough and rude duting interviews. During this interview Mr. O'Reilly showed himself to be a true patriot who, dispite his political views was very respectful of the President. He asked the uncomfortable questions but did not dwell on the Fox (news?)rhetoric. He gave the President time to answer. As we all know, President Obama can be long winded in his answers. Mr. O'Reilly kept the conversation moving. His interruptions were sporatic and used only to keep the President on track. Think the President did very well in unfriendly territory.
February 07 2011 at 8:03 PM Report abuse Permalink rate up rate down ReplyI was appalled the the rudeness that Mr O Reilly exhibited towards the President of the United States! Before anyone jumps on the bandwagon of deciding my politics, it doesn't matter! I would be just as outraged if a Republican President was treated that way.
Interrupting, being dismissive, etc. I was so outraged that my husband got tired of hearing me talk about it. I am sorry, but whoever holds the office deserves to be treated with respect and dignity. The fact that I am not hearing much about it on the news today tells me that our country is in danger of completely losing the ability to use any manners at all.
I would not have been allowed to treat my mother with such disrespect, and I am ashamed that it happened to the President.
Shame on you, Bill.
I as a tea partier, conservative.....do not in any way hate Obama. I don't agree with his politics and ways of governing. I think o'reilly did a disservice by saying hate. I am sure there are those who do, just as there are those who hated bush and clinton. As for myself I seperate the two. I have liberal friends, I wouldn't if i hated people on the basis of their politics.
February 07 2011 at 10:41 AM Report abuse Permalink +8 rate up rate down ReplyAfter watching the interview between President O'Bama and Bill O'Reilly I was at a loss as to why FOX would air a political interview instead of a friendly exchange regarding the Super Bowl. Everyone knows the President is a sports fan including FOX. In my opinion, this was staged to ambush and embarass the President. It also made Mr. O'Reilly look like a typical rude newshound. The President of our great Country deserves to be treated with respect and that is regardless of Party affiliation.
February 07 2011 at 10:38 AM Report abuse Permalink +1 rate up rate down ReplyOk to start the evil circle has not changed, the last 2 years with Obama in office trying to restructure our nation from the callapse of our finances and medical program are trying to be removed??? how easly people forget what condition our nation was in when he took office, it will take a decade to get back on our feet if our government reps don't change how they approach the problems that are not just holding us back, but causing us to keep falling from what we intended when forming our country.
secondly when the top 2% of our population controls over 90% of our financial structure, how is our government going to keep the other 98% in a form of financial stability? If you can't see a problem with this you are being blinded by greed and self preservation of your stature.
there are 2 type of people that are no good for our country:
1. a person that puts money before another person
2. a person that has put other people down to make themself look or feel better at the cost of that person's standing with others.
we are suppose to by a civil and fair country, so lets start acting like one and when you are picking yourself up from falling down or moving forward don't forget the person next to you, because that person could very well be the one that helped you or could help you in the future.
Just food for thought!!!
Bill'O REALLY needs to be more mature when interviewing ans STOP interupting whenever the other person is trying to anwser the question that Bill has asked. What is that all about? Some kind of power-play? Which didn't work, in my opinion. Bill seems to be very inhibited by Obama. He always talks real tough when commenting about Obama on his show, but then when he actually sits face to face with Obama, Bill comes off as a big teddy bear. And I'm not surprised at how thankful Bill is to Obama with regards to those two Fox reporters. It just goes to show those on the right that Obama isn't one-sided as some on the right think. When they are the one's who display that behavior most often.
February 07 2011 at 12:26 AM Report abuse Permalink rate up rate down ReplyFrom just reading this transcript and not hearing the interview, I count 18 times that Mr. O'Reily did not let the president complete his sentence, if that is what the (...) means at the end.
Just seems to me that when an interviewer asks someone a question, it would not only be polite, but would also be just common sense, to allow the person to answer the question fully, instead of cutting them off.
Could it be that Mr.O'Reily just might be more interested in making himself the "center of attention" than he is in educating the listening public and presenting news that is "Fair and Balanced"?
And before others start commenting on my comment, I am not a Democrat or a Republican or a member of the Tea Party. I am an American citizen, born and raised in the USA, and I vote for the person who I can determine is most interested in working to assure life, liberty and justice for ALL Americans, not just a select group.
I do not watch Fox or any other news channel with any regularity since I have not found any of them without slant toward their own financial interests, instead of what is best for our country. They are ALL now about the all mighty dollar and have turned news into entertainment. Thanks to all of them for helping to "dumb down" Americans. No wonder we are falling behind the rest of the world in so many ways including education. Might be nice if they spent more time and money sending reporters out in the real world and truely educating their audiences with factual information and less time sitting around trying to sway others to think like they do or instill fear, terror and hate or anything else that has helped to create this division in our country. Maybe it is time we rename ourselves from the United States of American to The Divided States of America.
Thank you for taking the time to read my comment.
Thank you Mr.O'reilly for re-insuring my opinion on where Mr.Obama stands. One thing is definite is he's steadfast on transforming America into a Socialistic country. he will go to the grave until his obamacare clears which we must repeal with earnest! This bill is the key to change our CONSTITUTION which we as AMERICANS have to stand together and repeal before there no stopping his bigger plan of redistribution of wealth.And more importantly our freedom!
February 06 2011 at 10:45 PM Report abuse Permalink +9 rate up rate down ReplyWhat a canned response. Obama is not a socialist and is not trying to redistribute wealth. It's too bad, unfortunately, as that is exactly what he should be doing. The gap between the super-rich and everyone else is a product of the Reagan-Bush years and is extremely unhealthy for America. Obama should have held his ground on the taxes for the highest level of "earners".
February 06 2011 at 11:22 PM Report abuse Permalink -3 rate up rate down ReplyPrez. as cool as a cucumber. O'reilly looked on edge. Totally disrespectful of O'reilly asking him if he knows all the people that hate him, interrupting. I thought O'reilly honestly had more class than that. Anyway, bad move Billo and Fox. Oh,hey Laura I., what did you think of interview. lol
February 06 2011 at 10:45 PM Report abuse Permalink -5 rate up rate down ReplyFollow Politics Daily
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