Talking Points Memo: It’s All About Money
The upcoming presidential vote is all about cash and how Americans process it. What does that mean exactly? Bill O’Reilly broke it down in his Talking Points Memo on tonight’s The O’Reilly Factor. It appears that President Obama wants to redistribute income, O’Reilly said, by regulating the economy from Washington and set up a socially just economic system. As a result, those who are receiving other people’s money from the government tend to support the president.
Those people, however, may be short-sighted because, O’Reilly pointed out, “If the USA continues to run up staggering debt, our economy will eventually collapse and the dependent will get hurt the most.”
The struggle for fairness
when it comes to money is happening all over the world, as evidenced by the United Nations proposing a global tax on billionaires. One percent of their wealth would be given to the U.N. to disperse to developing nations. O’Reilly said it’s a sign of what people want to see: “Wealthy people being forced to give their assets to a controlling power.” The problem is that the controlling power is often corrupt, inept and/or apathetic.
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Does the U.N. or Washington spend money responsibly? It would appear that the more money the government gets, the more it wastes. There’s simply not enough federal workers to police the entitlements, resulting in hundreds of billions in taxpayer dollars being wasted or stolen.
O’Reilly told viewers, “When you hear President Obama saying the rich are not paying their fair share, you know that’s code for: we want as much money as we can get and we’ll dole it out as we see fit.”
He concluded, “When Americans vote in November, they will be voting for one of two things: The free marketplace, capitalistic approach espoused by Mitt Romney or the social justice, spread the money around approach championed by the president.”