Obama: "I Do Think At A Certain Point You've Made Enough Money"

When Mr. President leaves the teleprompter, his alter ego The Redistributor often comes out. Here he tells people he doesn't begrudge making an honest buck, but that at a certain point you've made enough money.

We look forward to discovering what our overlords believes that limit is. His campaign promise was $250,000 and below would be safe. So we're guessing "enough" is somewhere in the neighborhood of just north of twofity.

We eagerly await learning about our next social engineering experiment, oh Great Obamanation, ruler of The Borg.

To those of us without Obamanation's all seeing, all knowing vision, prepare to be assimilated.



HT: RG

Liberty Quote Of The Day: Frederic Bastiat

For those readers that are not familiar with Bastiat, we are pleased to introduce you. Bastiat's concept from 1850 of that which is seen and that which is not seen permeates an enormous portion of TILB's thinking. He will be a frequent contributor to Liberty Quote of the Day.

Today, we bring you Bastiat's concise and trenchant views of taxation and wealth redistribution as legalized theft:

"Sometimes the law defends plunder and participates in it. Thus the beneficiaries are spared the shame and danger that their acts would otherwise involve... But how is this legal plunder to be identified? Quite simply. See if the law takes from some persons what belongs to them and gives it to the other persons to whom it doesn't belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime. Then abolish that law without delay ... No legal plunder; this is the principle of justice, peace, order, stability, harmony and logic."

- Frederic Bastiat