The whole Repub redistribution of wealth argument doesn't work anymore.

[dkf]

I was listening to O'Reilly today going off about how Obama wants to tax him and give his money to the poor.

Then I thought of how we the taxpayer had to step in and bail out the stock market.

Every citizen is paying to make sure O'Reilly's assets don't disappear overnight. He no longer has a leg to stand on.

[BlueManDude]

1. but that won't stop them from repeating it and it won't stop lots of people from believing it

[dkf]

2. All the taxes he has ever paid are a drop in the bucket compared

to how much this bailout will cost.

I bet we are protecting a whole lot of his assets too.

[Skidmore]

3. It does break down because all wealth is not treated equally and the market is not free.

I was thinking along these lines yesterday. Some poor schmuck and his wife are given the incentive to purchase a home--part of the American dream, and considers himself to have arrived at last. The family does not have an increase in income for the past several years, but the expenses keep going up and they try to cover with credit for as long s they can but wind up in debt and lose everything. This family's struggle becomes the object of derision and they are mocked because they couldn't hold on to it or made poor economic choices, even if part of their problem might be that there was a medical crisis which took all of their income and savings.

Now the investments that Billo and his buddies make are viewed as different and, by some twisted logic, more worthy of covering with a parachute or being allowed to restructure that debt. No one comes for their retirement funds or the equity in their homes when they make a poor choice. I recently read an article about the number of celebrities that are really living lavish lifestyles on mountains of debt.

Corporations are treated even better than Billo-type investors. They are too big or too valuable to be allowed to fail. So much for the free market. Big business and a whole class of people have their collective thumb on the scale. The "free market" is a myth perpetuated by the greed class to hold onto wealth and power.

[chknltl]

4. Worked just fine actually, they did redistribute the wealth!

Those in control of the redistribution plan got hella richer while everyone else got poorer. Many many died in the Middle East, many more became homeless throughout the world. I'm pretty sure that this was the plan from the start. I'm also pretty sure those who got richer laughed all the way to their secret offshore banks and couldn't have given a rats butt about what they did, (and still are doing), to our planet. These monsters are doing what they can to ensure mCain carrys on with that plan for them.

[judasdisney]

5. Bingo -- it was never true in the first place, but Democrats abandoned FDR & cowered like pussies

[TomClash]

6. O'Reilly is a mouthpiece

He doesn't control anything and his assets are peanuts.

[Waiting For Everyman]

7. We already have redistribution - from workers to the 1%.

And smaller government isn't smaller - it's bigger but privatized. More sleight-of-hand. Oh, I forgot they prefer the term 'smoke and mirrors'.