→ Of Course Obama Believes in Wealth Redistribution

Drudge has linked to an audio someone dug up from what is reportedly an October 19, 1998, conference at Loyola University where Obama spoke. In the audio, Obama says, “I actually believe in redistribution.” It’s certainly interesting, although not surprising, to hear Obama explicitly defend the notion of government as an instrument of redistribution. As Katrina points out, his position now is more or less the same as in the video, although nowadays he’s careful to leave out the word “redistribution.”

Does this really come as a surprise to anyone? Of course this is what President Obama believes.