A Quote by Chris Matthews
President [Barack] Obama's staking his reelection hopes on rebuilding America's middle class. He wants higher taxes on the wealthy, tougher rules on Wall Street, and everyone else to get a fair shot to succeed. Republicans can cry "class warfare" if they want, but as the president put it today, it's about this country's welfare.
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Well, "The Washington post" three weeks ago had this investigation and they said that President Obama has now raised more money from Wall Street and the banks for this election cycle than all - than all eight Republicans combined. I don't want to say that, because if that's the truth, that Wall Street already has their man and his name is Barack Obama, then we've got a much bigger problem.
They talk about class warfare -- the fact of the matter is there has been class warfare for the last thirty years. It's a handful of billionaires taking on the entire middle-class and working-class of this country. And the result is you now have in America the most unequal distribution of wealth and income of any major country on Earth and the worst inequality in America since 1928. How could anybody defend the top 400 richest people in this country owning more wealth than the bottom half of America, 150 million people?
I do believe that we should substantially lower student debt in this country, which is crushing millions of people. We pay for it, in my view, by a tax on Wall Street speculation. The middle class bailed out Wall Street in their time of need. Now, it is Wall Street's time to help the middle class.
And let me make this very clear - unlike President Obama, I will not raise taxes on the middle class. As president, I will protect the sanctity of life. I will honor the institution of marriage. And I will guarantee America's first liberty: the freedom of religion.
The interesting thing about class warfare is that it's only class warfare if it's up, not down. If you talk about welfare cheats or something, that's not class warfare because it's down; you have to talk about rich people before it's class warfare.
I'm very, very concerned ultimately, as Medicaid costs increase in my state and most states, it's going to reduce funding for state aid to our public schools, to our higher education institution or higher taxes on the middle class that President Obama said he didn't want to do. And that's exactly where he's headed.
When the Democrats are attacked for [inciting class warfare] they shrink back. They don't say what obviously should be said, "Yes, there is class warfare. There has always been class warfare in this country." The reason the Democrats shrink back is because the Democrats and the Republicans are on the same side of the class war. They have slightly different takes. The Democrats are part of the upper class that is more willing to make concessions to the lower class in order to maintain their power.
Advocacy groups like Families U.S.A. imagine that once Medicaid becomes a middle-class entitlement, political pressure from middle-class workers will force politicians to address these problems by funneling more taxpayer dollars into this flawed program. President Barack Obama's health plan follows this logic.
Wall Street shouldn't be deregulated. I think Wall Street and Main Street need to play by the same set of rules. The middle-class can't carry the burden any longer, that is what happened in the last decade. They had to bail out Wall Street.
I heard governor Romney here called me an economic lightweight because I wasn't a Wall Street financier like he was. Do you really believe this country wants to elect a Wall Street financier as the president of the United States? Do you think that's the experience that we need? Someone who's going to take and look after as he did his friends on Wall Street and bail them out at the expense of Main Street America.
Barack Obama destroyed the middle class. Whatever you want to say about his rhetoric, the rich got richer, but the poor got poorer, and the middle class got wiped out. That's really what Trump appealed to and inspired in the forgotten man.
The greatest hope most Americans - including Republicans - had when Barack Obama was elected president was that the election of a black person as the country's president would reduce, if not come close to eliminating, the racial tensions that have plagued America for generations.
We no longer have a significant middle class in the US due to Barack Obama's job-killing ban on oil drilling in Zion Park. While a small middle class remains in the coastal blue states, our tax bill devastates them by curbing deductions for state and local taxes and large mortgages. In a few years, everyone except the 1% will be a tricklee.
Barack Obama was not born into wealth or privilege, yet today his is president of these United States of America. Barack Obama has lived the American Dream. He has walked in our shoes.
The anger from Occupy Wall Street is coming from this simple fact: America no longer seems to be a place where you can work your way up, from rags to riches, from lower class to middle class to upper class.
Barack Obama is the president of the United States of America. More specifically, Barack Obama is the president of a congenitally racist country, erected upon the plunder of life, liberty, labor, and land. This plunder has not been exclusive to black people. - Ta
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