The Obama Plan: Marble Envy?
Is an entire country being run on “marble envy?”
I’m willing to bet that when Obama was growing up, he was jealous of anyone on the playground who had more marbles than he had. He became obsessed with taking their marbles (or as he called it, “redistributing” them). And I’ll bet he was good at it. So good that nobody wanted to play with him. I imagine him sitting alone in his room, dreaming of someday running the country, making all the rules and taking marbles away from everyone.
Unfortunately, people rarely change. Your experiences as a child often shape the base of your philosophy and personality for the rest of your life. In Obama’s case, his actions as a politician have been built around the idea of government stealing from people who work hard and earn their money, only to redistribute that stolen wealth to those who don’t work as hard or don’t have as much.
Obama tried to redistribute wealth even before he was president. Using the Community Reinvestment Act as a platform, he led the charge to force banks to approve loans for lower-income Americans who could not afford to own homes. But that didn’t work out so well. It imploded the housing market and led to the destruction of the entire U.S. economy.
Apparently, Obama did not realize that there is a difference between amassing a pile of marbles and buying a home. Marbles are free to kids. Homes come with a mortgage, insurance, repairs, and property taxes. Just because people want a home, or because it seems “fair” that everyone should have one, doesn’t mean everyone can afford it or is responsible enough to pay for it month after month.
Obama was elected President on the strength of his promise to give his voters all the marbles they wanted. Soon Obama was busy trying to recreate his childhood and wipe away all that pain and jealousy. He wanted to give everyone an equal amount of marbles. But to do that, he’d have to find a way to take the marbles away from those who had them.
So Obama came up with new and creative ways to target, punish, and tax the rich, while at the same time handing out more goodies and treats than ever before to his poor, underprivileged voters. He redistributed trillions of dollars through the largest stimulus program in U.S. history. His administration has approved the distribution of food stamps to 45 million Americans — the largest increase in food stamps in U.S. history. Obamacare is the largest free healthcare program in U.S. history. And let’s not forget the welfare checks designed to look like “tax cuts” which were handed to people who never paid taxes.
Obama’s voters were swimming in marbles. His childhood dreams had come true. But there was a problem. As Obama tried to steal more marbles from the rich, jobs started disappearing. More and more of “his people” started losing their homes. Funny how that works.
Obama was angry and confused. So he doubled down. More marbles would have to be stolen and redistributed by the government. Since housing was at the center of America’s economic collapse, that’s where he turned his attention.
But how do you redistribute housing? Obama has had to come up with some very creative ideas. Part one of his housing redistribution plan is to rescue the Obama voters who can’t afford their homes. And to do that, he proposes to force banks — that are already broke because the government encouraged them to give loans to lower-income people who weren’t qualified — to refinance those underwater mortgages. He doesn’t care whether or not this is economic suicide for the banks. Obama will try any reckless scheme to keep his voters in their homes that they can’t afford — at least until the election.
Now here is where part two comes in. Obama isn’t happy just handing marbles to the poor. He’s also got to take them away from the rich. So he desperately plans and plots to eliminate or greatly reduce the mortgage tax deduction for higher-income homeowners. This decreases the values of their homes, forcing many of them into foreclosures or short sales, and destabilizing upscale neighborhoods across the USA.
I ask you — could anyone who is sincerely interested in boosting the housing market possibly suggest eliminating the mortgage deduction? Of course not.
This is the housing redistribution plan devised by the Marxist-in-Chief Barack Obama. Think about the beauty and brilliance of this plan. Government keeps people who can’t afford their homes, in their homes, without regard for the rule of law or legal contracts they’ve signed. At the same time, government raises taxes on wealthy people and eliminates one of their primary tax deductions, forcing them — the people who can afford their homes and have met their financial obligations — to lose their homes. Brilliant. Columbia professors Cloward & Pivens would be proud.
My hero Ronald Reagan wanted to starve the government and empower the individual by dramatically cutting taxes. Obama has the opposite goal — to starve his political opposition (business owners and high-income Americans) by dramatically increasing their taxes, leaving them powerless to stop him from exploding the size of government.
This is the Obama plan. And it all started with a young boy’s marble envy.
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Copyright © 2012 Robert Ringer
ROBERT RINGER is a New York Times #1 bestselling author and host of the highly acclaimed Liberty Education Interview Series, which features interviews with top political, economic, and social leaders. He has appeared on Fox News, Fox Business, The Tonight Show, Today, The Dennis Miller Show, Good Morning America, The Lars Larson Show, ABC Nightline, and The Charlie Rose Show, and has been the subject of feature articles in such major publications as Time, People, The Wall Street Journal, Fortune, Barron's, and The New York Times.
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Like many of you, I have lost approximately 50% of the value of my real estate holdings, through no fault of my own. It will take at least 10 years for me to get back to break-even, if I’m lucky!
I think we’ve all lost our marbles to put up with these thieving Marxist scoundrels.
@Scott: You will never get back your marbles, unfortunately. If your house increases in value, the value will be expressed in hopelessly deflated dollars in 10 years. It will have to more than double in post bubble dollars to be even with pre bubble dollars. You have also lost the time value of your money for that period.
MARK the Wisdom of PRE-1861 Lincoln CONSTITUTION COUP, jural society governance, where ONLY ALODIAL PROPERTY OWNERS – e.g. those in rightful possession of land, silver or gold substance[s] a/k/a coin of the realm – had the right to vote; Sheriff’s were accepted as the supreme law enforcement officer in the land; and the county court at Law was the one Supreme court where jury-nullification was not only a know factor, but EXQUISITELY served to succinctly maintain the constitutional compliance of CODE – State or Federal- ALL for the simple reason: The Law, as in principle & premise of the Pentateuch, God’s Holy Law, was accepted as Supreme Rule of Law, so stipulated by the Founders with their succinct grammatical rule writing of term “law” THROUGHOUT the Declaration & seven Articles of the Constitution, in its thus capitalized titular form.
We are NO FURTHER AWAY from the TRUE WEALTH & SPIRIT of this nation’s foundation, than these succinct, simple steps BACK TO THEIR REALITY AS OUR FUNCTIONAL WAY-OF-LIFE, rather than this DIABOLICAL EXISTENCE!!!
P.S. Little-know to most of us, but: The SOLE reason fo the Bailiff to announce “All Rise” upon entry of the Judge into the courtroom WAS SOLELY BECAUSE: HE CARRIED A HOLY BIBLE IN HIS HAND, AS THE FUNDAMENTAL LAW-BOOK FOR HIS REFERENCE IN HIS DECISION!!! … How much BETTER can it get, THAN THAT?!?!
Let’s also remember that the President is essentially powerless (under the law) to make legislative change without congressional approval, though he has found temporary ways to apparently get around that. We cannot have reversal of the marbles without cleansing of congress. Perhaps the most important vote is a vote for senate and representative change.
Obama’s envious and small-minded world view was shaped not in an insignificant way by his grandfather, who was treated badly by the imperialist British who were in Africa at the time, trying to bring western values to that continent in the only way they knew given the circumstances.
That’s why he sent back the bust of one of the greatest freedom fighters of all time, Winston Churchill, which was kindly given to the Americans by the British government after 9/11 to ENCOURAGE them.
Of course Churchill in Obama’s view is not a man of courage but just another imperialist bastard. When he threw that gift back in the face of the British, in my view, he showed the world everything there is to know about the man. Historically ignorant, petty and misguided. And completely without manners.
I heard somewhere that the reason he sent back the bust of Churchill was that it kept rolling its eyes every time he made a speech.
At first I thought they were kidding.
I agree with the primary thrust of your essay, i.e. BHO is a demagogic (re)distributor of other’s wealth– both earned and unearned; Your hero, Ronald Reagan, was, too, remember? In fact, R. Reagan began the massive credit expansion which Ludwig von Mises warned of. Ron Paul almost left the Republican party because of disagreements with your hero’s party, remember?
Presidents 40, 41, 42 and 43 all helped construct the debt skyscraper of cards by redistributing wealth, so let’s be honest with ourselves, shall we?
Furthermore, I wonder if you even know why and how America transmogrified into amerika? Frankly, I think that you have a general idea, but, like so many good men, you still need to hit the books and do further study. I conclude this because of your imprecise assertions; for example, “[banks are] broke because the government encouraged them to give loans to lower-income people who weren’t qualified.” No, banks are broke because banksters loved to (re)distribute wealth to themselves by means of creating credit out of thin air, by the creation of 1.5 quadrillion worth of derivatives through the financial (self)service industry, by a web of fractionalized leverage, CDOs which were bundled and fraudulently rated AAA and, and, and through a platform of Madoffian lies & fraud including loaning money to “lower-income” recipients (banksters loved those loans).. at the heart of all this fraud, waste, abuse and treason was/is The Fed, which creates marbles out of thin air.
plus…heavy leaning, still, on the madison ave pitch that owner occupied residential r/e is an investment. it isn’t. it is a depreciating expense that net, over the long term, tracks the rate of inflation (currency devaluation), plus a point or two (best case).
plus even heavier leaning on the notion of “ownership”. stop paying the tax, and the true owner will boot you out, soon enough.
i’m trailing edge of the ‘boomers’, and so will add that demerit to the pile that is the r/e scam: who were the boomers supposed to ‘cash out’ their “investments” to, when ‘retirement’ rolled around?
the r/e debacle, like the rest of the debacles, is a symptom, not causative. central bank is cause.
clarification: fiat central banking is the lever that modern-weaponizes gov. gov is cause. and the lowing herd is the cause of gov. ouroboros. the not quite human condition.
i liked kenny roger’s cover, but mickey newbury did it first, i think, and best:
censor is a linkaholic. you’ll have to youtube it yourself:
mickey newbury, “Just Dropped In/Wish I Was – 1991″
ethereal, soulful, existential…..
@RS,
I doubt Mr. Ringer’s imprecision is due to a lack of “book learning.”
1. One can never be too precise in anything shorter than a PHD Dissertation: Which is an expert analysis of a small topic.
2. One can never be too precise unless one’s topic is sufficiently small.
3. Ignoring Planck’s length, this is why it is commonly said of those holding a Piled Higher and Deeper degree: “He knows everything about nothing at all.”
Having hit many books, and more than one major project in my career, I would have to give the brass ring to the generalist with experience more often than the egg-head.
The “O” is an egg-head and that’s why the nation is paying for his idiotic ideas. The “O” certainly “hit the books” because he could not have come up with the nonsense he believes by observing the real world.
…
Let me add… I appreciate Mr. Ringer taking the time to bloviate publicly. This is a limited privilege now, and may become less so sooner than many realize.
While one can always quibble, Ringer has an strong command of the circumstances, and a fair and generous attitude rather than a narrow, personalized viewpoint.
Just saying…
Root not Ringer….
Just always thinking it’s Robert’s column so it’s Robert’s writing…. though that’s not the case in this case.
root, not ringer….
and, the brass ring goes to the renaissance man, or woman, who synthesizes special and general…..
Just to be clear: Regarding Root, he’s a good man from what I can tell and I’d stand next to him… Regarding RJR, any man who can author “Restoring The American Dream” understands.
I like you, too, Topeka, and I value your criticisms.
reunion is in a class all by himself, we are lucky to have him here; Every time he lashes me or anybody, I take note. I even collect his work, so I can borrow it later on.
muchas gracias, realidad buscador…..
@RS
thanks – I appreciate that….
owe you a beer for the push
Yes, we have good comment writers. It’s a big reason I read Robert’s blog. There are good authors out there – but depending on which website one finds their work, the comments can range from just plain stupid to flaming.
Certain sites harbor intelligent authors, and one can tell they speak from wide or deep or wide and deep experience or background.
Which… the missing comments section is driving me nuts.
My latent OCD is coming out…
A Realtor since 1976, I’ve had strong financial reasons for studying housing from the front lines. Bankers and others took (mostly) legal advantage of the Clinton Administration’s forcing Freddie Mac/Fannie Mae to relax mortgage loan requirements almost to the point that just breathing qualified people for mortgages.
If homebuyers were responsible people and built up credit/income to qualify for a mortgage, the thinking was apparently that making everybody homeowners would also make them responsible people who’d repay politicians with votes.
But people aren’t responsible because they’re homeowners, they’re homeowners BECAUSE they’re responsible enough to qualify for a mortgage under requirements existing prior to political meddling.
Should whoever was complaining about research above research this, he’ll find very credible individuals, both in and out of government, who fought credit easing and predicted the end result, as soon as enough non-credit worthy homeowners and investors built up enough to create a boom.
Blaming bankers, etal,for being greedy bankers is like blaming children for growing out of their clothes. Current Liberals now want to blame that half of the population supporting the other half for the monster they created, especially the top 10% of earners who pay something like 80% plus(?) of the annual tax bill.
Making taxpayers evil to those benefiting from taxpayers is a dangerous game that probably ends in both social and economic disaster.
Your view has evolved. Before and during the elections you were saying that Obama is the sincere believer in Marxism in contrast to Hillary Clinton, who has the “immorally” selfish agenda of stealing marbles, portraying him as a well-intentioned but misguided, and therefore much more dangerous, because his sincere belief in a mistaken cause, would make him more uncompromising. I think that your previous view was accurate. The only thing I disagree with there, is I do not think our system of government would allow even a Marxist President to do much damage. Now you think that Obama had it all planned out. You “bet” that Obama had marble envy you say. I prefer deduction supported by a detailed explanation of how one has come to a particular conclusion to guessing. Humor is a powerful device, but let’s use it, not abuse it. Here is an example of deduction, common sense would suggest that Obama’s position would have been even more stable if he had Hillary as his VP, and not Biden, who is an obscure figure. A black President and a female Vice-President seems like a coup de grâce political correctness, doesn’t it? But the real coup de grâce for the Democrats would be to have a black President martyr (!), and a female Vice-President come President as his high priest. (Of course nobody would suspect Clinton of involvement in Obama’s asassination. Did they suspect that weasel Lindoln Johnson in Kennedy’s? Ha! Ha!) Count your blessings, you are not living in Russia under Putin.
For those interested, the administration presently sitting in Washington, DC (the way I usually word it is the guy sitting in the oval office of OUR President!)will, of course, go along with his plan of redistributing OUR money; that is, til he gets BACK into office. (The media, and the other evil people with ‘power’–at least, however much ‘power’ allowed to them by our Heavenly Father, the Almighty–WILL make sure of his re-election!–in my personal opinion and knowledge!) However, what I wish to say here is (not knowing, of course, how low the dollar will go, or IF it will even be worth anything at all!), get your money, at least the majority, OUT of the banks NOW!!! (O.B.-sorry, I get sick if I say, or even spell, his name–the would-be-dictator, headed up by George Soros, a Jew-hating Jew–our ‘supposed leader’–He WILL, since he WILL be able to, withdraw OUR money OUT of OUR bank accounts. PLEASE keep the great majority of your funds at home OR someplace SAFER than the government-run banks. We can’t trust them for anything else; HOW or WHY can (or should) we trust them with what we have worked for all our lives?? We CANNOT trust the enemy, and right now, we DO have THE ENEMY–RUNNING OUR COUNTRY!!! Thank you, one and all, for reading this!!!
After the collaps of the Soviet Union, and even during the Perestroika, scientists suffered from underfunding. It is not always the best policy to restrict science to the creation of products that would bimmediately benefit society. Sometimes it takes many generations of pure science to understand how things work. When we understand how life works, we can learn to control it. Soros gave grants to talented scientists. Also what is a Jew hating Jew? By deduction if one is a Jew he can not be an anti semite, since he can not hate all Jews, unless he hates himself. A person who dislikes most Jews is not an anti-semite. A sizable minority of Jews dislike most Jews, withoutr loathing themselves. Meaning they recognize the reality that there are good Jews and there are bad Jews. If Soros is slipping, should we judge the entire individual? Who among us has not made mistakes? Intellectuals are socially conditioned by the badly educated middle class with this pink mentality. It is unfortunate. But I witnessed the brightest minds in their speciality vote for Barak Obama. Famoust people are usually specialists, by concentrating all their forces at their strongest point they achieve renown. But that’s why they are unable to think for themselves in other fields. A pleasant demeanor means that they usually try to stay civil with colleagues, and the majority of the educated a lefties. That is why I dislike the middle class. Conservatives are fools who worship what old liberals have messed up
A couple of good comments touching on the banks.
As a former engineer though, pardon a pseudo-liberal nuance here. Not to go Lefty on anyone, but not all banks are “banks.” And I am not referring to the many distinctions among financial institutions.
Comparing my local banker (like the guy at a 3 branch community bank who bailed out my business once upon a time) to the membership of the Federal Reserve or European Central Bank, or Annaly Capital Management, or Long-Term Capital Management, or JP Morgan or Goldman Sachs or… (you get the picture?) Who cares about apples and oranges: It’s comparing Bernie Madoff to your CPA. Yes, we use the same four letters “bank” but it’s hard to believe it’s the same planet.
There are thousands of little banks doing the George Bailey versus a handful of Mr. Potter’s.
Mr. Potter’s bank should never be held to the same anything as Mr. Bailey’s bank. Mr. Potter is a thief. Mr. Bailey is placed in severe jeopardy causing him to become a little unhinged. (Been there, done that.)
In fact there are laws against the “banks” activities. See Banking Law under – The Laws No Liberal Can Break And Mere Bankers Cannot Ignore.
Remember, if you hear a bell, it’s an angel getting his wings.
Simple cure…
RE-ELECT NO ONE!!
One term and it’s over.
“You have 1500 characters left.” … Sig HEIL!!!!
lol…keep singing out of tune, hal. the extraordinary rendition bureaucrat is eyeballing you……
I CONCUR!!! … TRY THIS ONE ON FOR “SIZE” ….
WOW!!! … Robert Ringer: WHAT A REVELATION! … Here you are – quasi-king of conservative standard-bearers – using your most deservedly established credibility as such, to support your apparent innate conviction that a WWF-style emulation in a “Black-on-Black” Presidential “Election” is necessary for a “Republican” WIN (all of which I surmise is ample reason for absence, a “COMMENTS” section in your 02 Nov. piece to which I reply HERE, ANYWAY)!?! … Albeit; with certain modifications I can almost concur with such rationale, to wit:
Notwithstanding the fact we’re HARDLY 12-MONTHS BEFORE Diebold machines get to a) RE-INSTALL OBAMA –perhaps even anticipating an illegal-emigrant Kenyan squatter happening to interrupt metal-projectile “traffic,” then, OPPS! A Joe-6-pack Biden would just be a bigger-mess from which to recoup, so why not the other Clinton, as V.P., or given success in your (hopefully pseudo) promotion of Herman; then b) SCUTTLE the Kenyan and install Cain & Co.’s “FRS SQUATTER’S-MESS CLEAN-UP CREW” assuring We the People become 9-9-9 mushrooms, quietly sequestered within FEMA’s Slave-Caves & Excessive-Elementals-Consumer Reduction Program[s] – a/k/a Bilderbergs’ “Final Solution”! Now. … My question to you, Sir R.R. is simply this:
MORE THAN SUFFICIENT TIME exists to contact & PROMOTE THE ONLY NATURAL-BORN BLACKER-THAN-BLACK AMERICAN, STEEPED IN EXCELLENT STATESMAN BACKGROUND, A “WALKING-TALKING- U.S. Constitution-HUMAN-COPY”– WITH TALENT, COMMITMENT, and INTESTICLE-FORTITUDE SUFFICIENT TO OVAL OFFICE ENFORCEMENT OF THAT DOCUMENT – i.e. (in case you’ve not guessed OF WHOM I SPEAK): ONE U.S. Ambassador, Dr. Alan Keyes! AND SO: WHY has R.R. not attempted to place this sterling American on display within your showcase here!!!
From his `96 Republican-primary challenge to NeoCon, “gimpy” Dole; I’ve vetted and adamantly followed & supported Dr. Keyes throughout his 6-of-6, HANDS-DOWN (4% TO 49% margin) WINS in the A.D. 2000, Vote-Dot-COM debates (avg. 34,000 -votes, each polling!), into his 2004 challenge of Shrub (even “sitting Pres.”) BUSH! Even Dr. Keyes’ Obama exposé, within his`06 Ill. U.S. Senate seat challenge, which became national in his 2008 efforts to EXACTLY EDUCATE We the People, REGARDING the TRUE NATURE & CAUSE OF THIS ILLEGAL-ALIEN KENYAN – THE REALITY OF WHICH, IS NOW OUR REGRETTABLE EXPERIENCE – only to be compelled to watch this LAWFULLY defined & spirited TRUE-American, being GESTAPO-HAULED OFF-CAMERA on National TV WHILE DOING SO, and as far as I know: NEVER YET to be heard from again!!!
PERHAPS it’s due time to STOP & TAKE SERIOUS CONSIDERATION of EXACTLY WHAT IT IS, We’re TRYING TO SAVE HERE!?!
WHAT IF Monday morning, next: Dr. Ron Paul & Dr. Alan Keyes, announced their combined Presidential / Vice-Presidential candidacy –by either-pair arrangement – BASED UPON Write-in vote, tabulated and certified by independent agency, of credible authenticity & security: NO MSM NEWS space would be available for ANYTHING ELSE for at least the following two-weeks – If for no other reason than MSM, trying to make a laughing-stock of the whole idea! … But in light of today’s rude awakening – like ole Bre’r Rabbit – I say: “PLEASE don’t throw Me in that brier-patch!” …
Is this bizarre?!? … Perhaps; But ONLY IF one considers “THE COMMON SENSE THING TO DO,” IS THE SAME THING WE’VE DONE, the same way we’ve done it for decades now, only this time IT’LL BE DIFFERENT!!! (Did I hear someone answer: ‘NOT BIZARRE! … This is INSANE’?) To which of these scenarios is that psychiatric-label a propos!
This IS NOT ABOUT ANOTHER “Political Party” – the very BAIN OF LIBERTY President Washington spent 5-pages WARNING US AGAINST in his “Farewell Address”!!! … IT IS ABOUT two Americans, doing what REAL Americans WERE FUNDAMENTALLY DESIGNED TO DO: i.e. OPERATING AS INDIVIDUALS WITHIN A TRUE REPUBLIC, where the INDIVIDUAL– PEACEFULLY EXERCISING HIS/HER RIGHTS within the Common Law, i.e. God’s Law – IS A MAJORITY OF ONE!!! … That same Liberty applies to running for office, as well as voting in the process!!!
We have time for this!!! … We just need to get our heads out-of-this-quadrennial “I want to be first, to identify the next Sock-Puppet” game, and for the FIRST TIME, at least IN My 75-years of life: We CAN ACTUALLY ELECT an American President & Vice-President of these United States of America – the Republic!!! … Lest We forget: Our vote at the polls IS FOR AN “ELECTOR” – NOT THE CANDIDATE!!! Ergo:
With due diligence in working our local precincts for that coveted position, and; with that SUCCESSFUL Write-in vote, tabulated and certified by an independent agency, of credible authenticity & security; WE EVEN MAINTAIN OUR VICTORY INTO THE ELECTORAL COLLEGE!!!
God Speed,
YoOle Me