Obama: 'I wasn't born with a silver spoon in my mouth'

President Obama said he related to middle class Americans “looking for a chance,” as he highlighted his administration’s efforts to retrain unemployed workers for new jobs.

Accusing his Republican rivals of trying to revive trickle-down economics instead of spending money on priorities to help the middle class, President Obama says those Republicans "don't seem to remember how America was built."

"I wasn't born with a silver spoon in my mouth. Michelle wasn't, either," the president said to a crowd of 400 students at Lorain County Community College in Elyria, Ohio. “But somebody gave us a chance. Just like these folks up here are looking for a chance.”

The Obama campaign has pushed wealth and economic fairness arguments against Mitt Romney, who would be one of the wealthiest presidents in history -- and that quote was quickly seen as a veiled reference to his GOP opponent this fall.

Amy Sancetta / AP

President Barack Obama reaches out to shake hands with Lorain County Community College student Bronson Harwood after speaking at the college Wednesday in Elyria, Ohio.

And as he criticized Republicans for opposing Democrats’ efforts to raise taxes on the wealthiest Americans, he told the crowd that, like them, he doesn’t enjoy paying taxes, but unlike most Americans, he can afford to pay more.

“They want to give me more of a tax break,” he said of Republicans. “Now, I just paid taxes. It’s not like I love paying taxes. But I can afford it. I don't need another tax break."

Obama argued that tax cuts alone don't make the economy stronger and that GOP policies have been tried before and almost brought the “entire financial system” to a collapse.

“Take a look at what happened in Ohio between 2000 and 2008," Obama said. "It's not like we didn't try it. And instead of faster job growth, we had the slowest job growth in half a century.”

But the president also seemed on the defensive, acknowledging arguments against him -- from debt, deficits, and big-government spending. He asserted twice that investing in job training programs and cutting tax cuts for the wealthy did not amount to wealth redistribution, a common conservative criticism.

“Understand, this is not a redistribution argument," Obama said. "This is not about taking form rich people to give to poor people. This is about us together making investments in our country so everybody’s got a fair shot."

And, when arguing that government-subsidized community-college training programs were vehicles for economic growth, he said, “These investments are not part of some grand scheme to redistribute wealth, they’ve been made by Democrats and Republicans for generations, because they benefit all of us.”

Before he spoke, the president held a round table with four unemployed workers who are participating in the Lorain County Community College’s job training programs. He said those individuals represent the American notion that “we don't quit.”

“And so the question now is, how do we make sure that all of America is expressing that spirit through making sure that everybody is getting a fair shot?” he continued. “Because that’s going to be a major debate that we have not just for the next few months but the next few years.”

Following his speech, the president headed  to the Cleveland airport en route to Michigan, where he was expected to give two evening campaign speeches and raise money.

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Studying Marxism and socialism at top notch universities is expensive.

  • 3 votes
Reply#77 - Wed Apr 18, 2012 5:12 PM EDT

You birthers still exist?

  • 1 vote
Reply#78 - Wed Apr 18, 2012 5:13 PM EDT

Right on President Obama! It's going to be another great four years bro!!

  • 2 votes
Reply#79 - Wed Apr 18, 2012 5:13 PM EDT

Nope, no silver spoon, just delicious canines.

  • 1 vote
Reply#80 - Wed Apr 18, 2012 5:13 PM EDT

Teabaggers work at walmart and vote for a mormon elitist?

  • 2 votes
Reply#81 - Wed Apr 18, 2012 5:14 PM EDT

As opposed to those who don't work and collect an unemployment ceck?

  • 4 votes
#81.1 - Wed Apr 18, 2012 5:16 PM EDT

bishopmittis

I am a member of the Tea Party and a minister. I am also the husband and father of a family of color. I own 3 businesses and am not voting for Romney (or Obama).

  • 1 vote
#81.2 - Wed Apr 18, 2012 5:16 PM EDT

at least they work...liberals ride on the government dole....like you mittens666

  • 1 vote
#81.3 - Wed Apr 18, 2012 5:18 PM EDT

It least they work.Most of Berries voters are on the dole and are drawing entitlements!

  • 1 vote
#81.4 - Wed Apr 18, 2012 5:19 PM EDT

That's the welfare check that flip floper gets. At least the tea baggers work. The DEMONCRAPS only have a hand out. And to not like someone is not racism you dolt.

  • 2 votes
#81.5 - Wed Apr 18, 2012 5:21 PM EDT

Larry- newsflash for you: if you don't vote for Romney then you are actually voting for Obama. I'd rather have someone in the office that has faith and recognizes the importance of religious freedom than Obama who believes the government needs to replace religion in peoples lives.

  • 2 votes
#81.6 - Wed Apr 18, 2012 5:22 PM EDT

Isn't it also true, Amy, that if Larry doesn't vote for Obama then he's actually voting for Romney?

    #81.7 - Wed Apr 18, 2012 5:26 PM EDT

    Sorry but I seldom vote for Republicans. Show me where they have reversed the socialism of the past 100 years.

      #81.8 - Wed Apr 18, 2012 5:36 PM EDT
      Reply

      Let's face it. Teabagger hate for Obama comes from their racism.

      • 1 vote
      Reply#82 - Wed Apr 18, 2012 5:14 PM EDT

      How old are you ..... 12??

      • 2 votes
      #82.1 - Wed Apr 18, 2012 5:16 PM EDT

      I think it's Obama's policies. Isn't Eric Holder, the AG, a racist?

      • 2 votes
      #82.2 - Wed Apr 18, 2012 5:18 PM EDT

      Bishop,

      Two BLACKS were elected to Congress in 2010. Both were TEA PARTY REPUBLICANS.

      Keep blabbering, putz. You're a phucking joke!!!

      • 4 votes
      #82.3 - Wed Apr 18, 2012 5:19 PM EDT

      and those 2 black conservatives get called every ugly name under the sun by these racist white liberals.

      • 2 votes
      #82.4 - Wed Apr 18, 2012 5:26 PM EDT

      123ang-the only name they should be called is crazy.

        #82.5 - Fri Apr 20, 2012 9:05 AM EDT
        Reply

        "They want to give me more of a tax break," he said of Republicans. "Now, I just paid taxes. It's not like I love paying taxes. But I can afford it. I don't need another tax break."

        If Obama is so willing to pay more, why didn't he just take the standard deduction? Why did he take all the deductions he was allowed which lowered his tax rate?

        I am a member of the Tea Party and a minister. I am also the husband and father of a family of color. I own 3 businesses and am not voting for Romney (or Obama)

        Answer- because he's a hypocrite and a liar.

        • 3 votes
        Reply#83 - Wed Apr 18, 2012 5:14 PM EDT

        yeah- should have used the caymen islands and swiss accounts.with all the frigging money Mittens got cant he hire more then one accountant to get his tax's done on time? How about his kids- heard they pay ZERO as the way he gave them the trust account avoided tax.

        He's smart so he is using the rules as they are. But he also wants to lower the tax rate even more, and provide more benefits to the rich. Why do we have to incentivize the rich to work harder but all your plans take the opposite approach on the non rich- make them poorer so they will work harder. Odd isnt it Minister Larry

          #83.1 - Wed Apr 18, 2012 5:21 PM EDT

          Good- I want the tax rate lowered for everybody. I'm in the middle class and we have a spending problem not a tax problem. The "balanced" approach the democrats want is tax more so they can spend more. The government doesn't manage money well- just look at GSA and solyndra.

            #83.2 - Wed Apr 18, 2012 5:35 PM EDT

            Tax cuts do not make the poor even poorer. It is their own choices that bring that result. Allowing people to keep more of their own money is not taking from the poor. Unless you are a liberal and believe it is moral to steal from one person and give it to another.

              #83.3 - Wed Apr 18, 2012 5:38 PM EDT

              Minister Larry- have you read the Ryan Plan- that "Marvelous Budget Document" and the cuts made to the social spending side of the budget. How is he going to pay for it- oh yeah he'll us a "dynamic" accounting method instead of the normal "static" method employed by the CBO. You guys change the goal posts without even understanding it apparently Larry.

              Larry- isnt it stealing when the rich get the benefits also Larry, The Minister. Like oil depletion allowances, or the banks able to borrow money from the fed discount window then buy oil futures?

                #83.4 - Wed Apr 18, 2012 5:59 PM EDT

                Larry- when you have transgenerational poverty is that an individual problem or a societal problem?

                  #83.5 - Wed Apr 18, 2012 6:00 PM EDT

                  I need a paxil

                  Larry- when you have transgenerational poverty is that an individual problem or a societal problem?

                  It is primarily an individual problem. Why do many escape poverty? They usually do so because of strong family and most importantly, individual desire, determination, and perseverance.

                  In the US some of it is societal because the liberals have promoted the gulags known as "housing projects". I've done a lot of work in projects over the years and they do nothing to help people escape poverty and a lot to promote it.

                    #83.6 - Wed Apr 18, 2012 6:23 PM EDT
                    Reply

                    He sure did not live like I did, single mother, worked two jobs to support my son. Went to college on loans and now I have to pay mine back and I'm sure the taxpayers paid for his Harvard education because where else did he get the money to go. How does someone that supposedly comes from no where with nothing, get an education, then works just a few years become the President and quite wealthy, not legally I'm sure Who was supporting him where did he get his money, that is one thing I want to know. I guess the lobbiest, companies that wanted favors and probably illegal things in there also. He did not get wealthy with nothing to start with. This is to Chicken Squared, the OBAMAS did not pay their student loans back, he never made any money and neither did she to speak of. Someone paid for it and I think the American people have a right t know who did it. You must be one of the idiots that voted this lame brain in. He has done nothing for the taxpayer and if you have enough education to read and you see I said read the OBAMACARE bill you will be greatly suprised what is in it, most does not apply to insurance.

                    • 1 vote
                    Reply#84 - Wed Apr 18, 2012 5:15 PM EDT

                    Sonja,

                    Well, first of all you have to make good grades to get into Harvard. Secondly, he had to pay student loans off just like you had to.

                    If you really went to college then you would understand how all of this works....it's really not that hard to understand. You go to high school...you make good grades....you get excepted into schools based on those grades...if you work really hard in college you can go to graduate school or law school or where ever you want.

                    Do you understand?

                    And yes....Obama did pay student loans back. Where the hell are you getting your information?

                      #84.1 - Wed Apr 18, 2012 5:21 PM EDT

                      information is never a problem for the Social Darwin RepubliCon party- they make it up.

                      if trickle down worked why have wages remained flat when adjusted for inflation despite Productivity going thru the roof. Now we know where the 1% made all the money

                        #84.2 - Wed Apr 18, 2012 5:34 PM EDT

                        Vipp- You have to make good grades to get into Harvard if you are white and from a middle income family. I am quite certain that the admissions department has different standards for other groups.

                          #84.3 - Wed Apr 18, 2012 5:38 PM EDT

                          Amy3,

                          I'm not sure I'm understanding your point....can you elaborate?

                            #84.4 - Wed Apr 18, 2012 5:53 PM EDT
                            Reply

                            If Obama doesn't have a silver spoon, then I wonder what the brother snorts his cocaine with!!

                            • 1 vote
                            Reply#85 - Wed Apr 18, 2012 5:15 PM EDT

                            If you morons want Obama to pay his fair share, tell Boehner to get to work.

                            • 2 votes
                            Reply#86 - Wed Apr 18, 2012 5:15 PM EDT

                            Obama could have easily paid a higher tax rate by simply taking the standard deduction and not maximizing his itemized deductions as he did.

                            He's a liar and a hypocrite

                              #86.1 - Wed Apr 18, 2012 5:18 PM EDT

                              Larry,

                              Obviously he is highlighting whats wrong with this country....and it is a country problem not an individual problem.

                              As you and I have argued before....Jesus Christ would certainly respect Obama's approach in his attempt to give more of his earthly possessions to help the greater good of society rather than take the approach that is "what is mine is mine"....or Republican approach.

                              You will now begin to bombard me with scripture that suggests that God said to give from your heart in some attempt to separate the individual from society in some way. However, God also spoke to societies as a whole and saw their acts as an abomination.

                              See the city and story of Sodom....the people had excess of food, prosperous ease, and an abundance of earthly wealth but they began to deny the poor and the needy and God saw this as an abomination.

                              God according to the Bible saw issues with societies and governments that didn't obey the preachings of the Bible. The Republican party and their style of governance flies in the face of all of Jesus's teachings. Wanting to give further tax breaks to those who already enjoy their wealth...especially the wealth they obtained from causing the fiscal crisis that wreaked havoc on the middle class and poor will not be viewed as very Christian in God's eyes.

                              If I were you...I would begin to ask myself what team I was on.

                              • 1 vote
                              #86.2 - Wed Apr 18, 2012 5:28 PM EDT

                              VIPP,

                              Your theological conclusions remain wrong. The only time God addressed helping the needy in a govt collective manner was in a structure of a theocratic govt.

                              Neither you nor I want a theocratic govt so God has commanded for Christians that our giving to help others must be a reflection our heart and done as unto Jesus. It is also COMMANDED to be done through giving to the Church so that God is glorified.

                              I cannot imagine you or anyone else desiring to see God get all the credit for what Govt does.

                              Yes, we have a country problem because liberalism has destroyed the priority of liberty for individuals to promote collectivism through the state. State collectivism is ALWAYS totalitarian and contrary to what God desires which is liberty for the individual.

                              I have no doubts which side I'm on. Liberalism is contrary to serving God.

                                #86.3 - Wed Apr 18, 2012 5:35 PM EDT

                                Larry,

                                Only someone who has completely and utterly missed the lessons of the Bible could say such a thing. Jesus would be a raging liberal if he lived today. If you think that Jesus would side with the policies of the Republican party you have ZERO idea of what he stood for.

                                Yes...he certainly spoke to the individual giving from the heart. But God wiped out whole civilizations for not obeying his word. In my sodom example....Did God not speak of that society as a whole? The answer is yes so what makes you think that he wouldn't look at our society and the policies we uphold and defend?

                                You happen to side with those who protect the wealthy, see no problem with polluting the earth, see the poor as lazy good for nothing trash, and would rather take from social programs that are meant to lend a hand to those in need.

                                If you think that's Christian....may God have mercy on your soul.

                                  #86.4 - Wed Apr 18, 2012 5:58 PM EDT

                                  Vipp,

                                  I know that Jesus wouldn't align with any political party.

                                  But I definitely know as a pastor and someone who has followed Jesus for 50 years that He could NEVER be a liberal.

                                  Jesus taught us that ALL of our provision as Christians comes from Him, not Govt.

                                  Liberalism has caused many Christians to become spiritually lazy and abandon their responsibilities to Jesus.

                                    #86.5 - Wed Apr 18, 2012 6:55 PM EDT
                                    Reply

                                    the only people I see supporting Romney are racist, oil corporations, rich people, vague, and vulgar people.

                                    • 1 vote
                                    Reply#87 - Wed Apr 18, 2012 5:16 PM EDT

                                    All people who oppose DOG EATERS will vote against Obama. After he ate the dog he complained about the toughness of the meat. Yuck!

                                      #87.1 - Wed Apr 18, 2012 5:20 PM EDT

                                      You have no idea what you are talking about?? Since Romney now holds a lead in the polls and has 48% approval .... are all those 48% what you say. Ridiculous. What a clown!

                                      • 1 vote
                                      #87.2 - Wed Apr 18, 2012 5:21 PM EDT

                                      You are right manual! By the way is that Spanish name,Manuel? Bet you got your hand in the government pocket,don't you!Try paying some taxes and get off welfare before you call anyone elsenames!We are all racsist! I guess im a racsist for writing this but you complained about being vague so I wanted to be specific!Vulgar people are those of American that sit on thier ass all day just waiting for thr entitlement check to arrive!Who paid your computer,the public?

                                        #87.3 - Wed Apr 18, 2012 5:25 PM EDT
                                        Reply

                                        Cocaine?

                                        Bush is gone.

                                        • 1 vote
                                        Reply#88 - Wed Apr 18, 2012 5:16 PM EDT

                                        Naw .... Obama and his secret service were living it up in Columbia ... the home of cocaine!!! You think Barry got in on the prostitute action also ..... or is he gay and not out of the closet, yet?

                                        • 2 votes
                                        #88.1 - Wed Apr 18, 2012 5:19 PM EDT

                                        Berries' brother can't afford cocaine.he lives in a grass shack in Kenya!The only thing he has available to put up his nose is animal dung!

                                          #88.2 - Wed Apr 18, 2012 5:26 PM EDT

                                          Zman,berrie wasn't involved,he's too afraid of Michelle!

                                            #88.3 - Wed Apr 18, 2012 5:27 PM EDT
                                            Reply
                                            sherantsDeleted

                                            Typical misdirection, divresion by liberals. Ask direct questions..you diversion, subject change and then you are attacked as a racist.

                                            • 3 votes
                                            Reply#90 - Wed Apr 18, 2012 5:17 PM EDT

                                            I like the misdirection. The liberal concern for dog welfare and transportation is today's misdirective issue that may determine the next leader of our country. I am comfortable to join that conversation and state equivocally that I will not vote for Obama because he is a dog eater.

                                              #90.1 - Wed Apr 18, 2012 5:24 PM EDT

                                              You know I always refer to "Mexicans" as Mexicans" and that's enough to get myself branded as a racsist! What do you call Mexicans if they are Mexicans without causing the wrath of these pc idiots! How about dem boys that live south of us! Think that will do! Or how about "Northern Guatumalans"! Will that work.99+% of the illegals in this country come from Mexico and were not suppose to say that.They are Mexican Nationals instead of illegal aliens!They are Mexican Nationals as long as they remain in Mexico,when they get here they become,illegal aliens!

                                              • 1 vote
                                              #90.2 - Wed Apr 18, 2012 5:41 PM EDT
                                              Reply

                                              How can he stand there and lie to all those people about not getting a hand up. He had so many people help him up and into the roles he has had. Lie after lie after lie. So sad and people beleive him. I am not against him getting a helping hand as much as I am his deceiving people into thinking he did it by himself. What a piece of work. Please watch what he does not what he says. It is the only way you can ever know for sure he needs to go. By far our worst president ever. Make it our last 4 years with this guy.

                                              • 1 vote
                                              Reply#91 - Wed Apr 18, 2012 5:17 PM EDT

                                              Born with a silver spoon? no! Someone gave them a chance? Yes: here's a lil list.....

                                              While Barry lived in California, while on cocaine binges... he had two bros he hung out with named...Muhammad Hasan Chandoo and Wahid Hamid, both from Pakistan(big money). in Chicago, the kat that got him a 1.5 million dollar house while O'Barry only earning $12,000 a year....Antoin "Tony" Rezko, born in Syria. in Chicago, Davis, Miner, Barnhill & Galland (They represented "Rezar" the crook). Iraqi Billionaire Nadhmi Auchi. The Muslim Brotherhoodz!

                                              • 1 vote
                                              Reply#92 - Wed Apr 18, 2012 5:17 PM EDT

                                              I hope and pray this incompetent man (Obama) keeps opening his irrelevant and ignorant mouth.

                                              • 1 vote
                                              Reply#93 - Wed Apr 18, 2012 5:17 PM EDT

                                              Ah yes, the divider and chief is on the campaign trail again spewing his class warfare.

                                              • 2 votes
                                              Reply#94 - Wed Apr 18, 2012 5:17 PM EDT

                                              Listen to yourself. How ridiculous a statment that is. To start with, asking everyone to pay fair share of taxes is nothing new, so where in the name of all that is holy do you get class warfare, and divider in chief from that. We've had a more equitable tax scheme in the past, why not again? Do you ever listen to this tripe or just spew it out.

                                                #94.1 - Wed Apr 18, 2012 5:21 PM EDT

                                                Yea and Harry,dont mess with my pomogranite trees, Reid ,just used Romney name on the Senate floor proposing this bs bill raising taxes for the wealthy!Harry is a millionaire,ten times over! The only difference between Harry Reid and Romney is Harry made all of his wealth while on the public dime.Romney went from no money to wealthy by working for it! What about John Kerry? Never said a word about him when he ran for president and he's worth moer than Romney!

                                                  #94.2 - Wed Apr 18, 2012 5:45 PM EDT

                                                  North - The top 5% earners in our nation pay 50% of the taxes. They more than pay their fair share. Obama wants to make it look like they don't, and constantly bashes rich people, when he is quite wealthy. It's pretty hypocritical.

                                                    #94.3 - Wed Apr 18, 2012 8:02 PM EDT

                                                    Alaskan 1983,

                                                    You do realize that the top 5% of earners also take home well over 50% of all income don't you? Maybe not.

                                                    Since the 1970's the top 1% of earners have more than doubled their share of overall income from an astounding 8% to over 17% OF ALL INCOME. A few people are getting very very rich and alot of people are getting very poor. Yet we are all "created" equal?? Or are some of us more equal that others?

                                                    The right wing is working very hard to justify the creation of a new American Ruling Aristocracy complete with their own set of anti-constitutional laws.

                                                      #94.4 - Thu Apr 19, 2012 9:47 AM EDT
                                                      Reply

                                                      If government wants enveryone in the country to have a fair shot, why doesn't the government stop corporate age discrimination. It is known government fact that it takes about twice as long for an older person to get any kind of job. Corporate hiring should reflect the per-centage of aged people in a population or the per-centage of older person applicants. How long is government going to do nothing? While the older are without jobs and exhaust unemployment, they are without health insurance which is astronomical in cost. A generation of throw-away older people is being created, because older people do not get a fair shot.

                                                        Reply#95 - Wed Apr 18, 2012 5:17 PM EDT

                                                        Do you teabaggers want Obama to pay his fair share or cheat the system like Mitt?

                                                        Make up your mind.

                                                        • 1 vote
                                                        Reply#96 - Wed Apr 18, 2012 5:17 PM EDT

                                                        Obama could have easily paid a higher tax rate by simply taking the standard deduction and not maximizing his itemized deductions as he did.

                                                        He's a liar and a hypocrite

                                                        And please provide the link with your evidence that Romney "cheated the system"?

                                                        If you have it, please forward it to the US Elections commission so they can disqualify Romney as a candidate after he's indicted for tax fraud. But you don't have it because you are just another leftist parasite who wants to live off of what others earn

                                                        • 2 votes
                                                        #96.1 - Wed Apr 18, 2012 5:19 PM EDT

                                                        since you are a cpa prove he cheated?

                                                          #96.2 - Wed Apr 18, 2012 5:19 PM EDT

                                                          Mitt got tax breaks because he paid MILLIONS to charity. He did it LEGALLY. No issue there.

                                                            #96.3 - Wed Apr 18, 2012 8:03 PM EDT

                                                            Lil Bishop:

                                                            O'phuque up has not paid his fair share...as a matter of fact, this P.O.S. has not even paid his due to society! O'Barry allready cheated the system. when he was Barry Sotero, he was granted a student loan under 'Foriegn Student Aide'....You're Parents (Bishop) paid for this phuque head... Then he gets a wild hair up his butt while binge-ing on booger-sugar, to get to know his family in Kenya, becomes a Muslim, comes back to the states with his new muslim name 'Barrock Obama', hangs out with more homies of the muslim brotherhood, hates white folks, does not give a phuque about his own family, let alone 'Black people'. His only narccisitic goal is to convince mindless mule phuque ups...like you 'Bishop', that only he! can walk on water...then, after each speech @ college campuses to all you knucklheads, he asks his writers..'Do you think I was convincing'?. This Muslim phuque does not have the ballz to get in front of the working folks for a Q & A session...only the moldable youth in college that are old enough to vote.

                                                              #96.4 - Thu Apr 19, 2012 11:35 AM EDT
                                                              Reply

                                                              Well said, Mr. President. Reasonable people will hear--and understand.

                                                              • 1 vote
                                                              Reply#97 - Wed Apr 18, 2012 5:18 PM EDT

                                                              The only people dividing America are the racist.

                                                              The south lost the war.

                                                              Get over it.

                                                                Reply#98 - Wed Apr 18, 2012 5:18 PM EDT

                                                                You are 100% correct. The problem is that, according to your statements on this board, you don't like Romney, so anyone who likes Romney is....racist?

                                                                I don't like Obama because of the FACT that he DOUBLED our deficit in 3.5 years. That is enough for someone like me, a person who creates balanced budgets for a living, to run the other way.

                                                                  #98.1 - Wed Apr 18, 2012 8:04 PM EDT

                                                                  You can't "create" balanced budgets if you don't even understand the definition of Debt vs. Deficit.

                                                                    #98.2 - Thu Apr 19, 2012 9:51 AM EDT
                                                                    Reply

                                                                    Remember when John Kerry ran for president no one complain about him being too rich.... now the liberals are at it again..... Get Real!

                                                                    Who’s the Richest?

                                                                    1. Sen. John Kerry (D)—The former Presidential candidate leads all members of Congress with a net worth of $167.55 million. He has dozens of million dollar assets, and the bulk of his wealth actually comes from his wife’s money.
                                                                    2. Rep. Darrell Issa (R)—Despite the recession, the California lawmaker has continued to increase his net worth to $164.70 million. He founded Directed Electronics, a car alarm manufacturer, and he has other valuable investments.
                                                                    3. Rep. Jane Harman (D)—This California Democrat has holdings in Harmon International Industries, an audio products company. In 2008, she reported a more than 50% decline in her minimum net worth, but she’s still worth $112.13 million.
                                                                    4. Sen. Jay Rockefeller (D)—When you hear the Rockefeller name, you immediately associate it with wealth. This West Virginia Senator is currently worth at least $80.45 million.
                                                                    5. Sen. Mark Warner (D)—Warner is the richest of the 11 freshman lawmakers. He was the co-founder of Nextel telecommunications, making him incredibly rich. His minimum net worth is estimated at $72.37 million.
                                                                    6. Rep. Jarred Polis (D)—Polis is a serial entrepreneur. He first founded American Information Systems, and later sold it for more than $20 million. He then grew his family’s greeting card business, and that sold for $780 million. After that, he founded ProFlowers.com and sold it for $477 million. His net worth is estimated currently at $71 million.
                                                                    7. Rep. Vern Buchanan (R)—Buchanan has many assets, including real estate, car dealerships, and investment accounts, making his net worth $49.79 million. The Florida Congressman has reported a sharp decline in net worth during the recession.
                                                                    8. Sen. Frank Lautenberg (D)—Lautenberg became rich from a payroll processing company he founded back in 1952. He maintains three blind trusts, and his total minimum net worth is $48.38 million.
                                                                    9. Sen. Dianne Feinstein (D)—The California Senator has an impressive portfolio that includes multiple trusts, real estate, and various partnerships. Her minimum net worth is estimated to be $42.94 million.
                                                                    10. Rep. Harry Teague (D)—Another rookie lawmaker, Teague earned his wealth by founding an oil services firm, Teaco Energy Services. His net worth is $40.63 million
                                                                    • 2 votes
                                                                    Reply#99 - Wed Apr 18, 2012 5:18 PM EDT

                                                                    Everything has changed now.... updated

                                                                      #99.1 - Wed Apr 18, 2012 5:26 PM EDT

                                                                      RickJam- try to keep it simple. Dont care that he has money its the fact he is not content paying a 13% tax rate.

                                                                      Why do we have to incentivize the rich to work harder by paying them more but all the incentives are being removed for the poor and working middle class under the Ryan(mittens supports- "marvelous budget plan") Why do you have to pay the rich more to have them work harder but gotta make the poor poorer. Why? also why is the tax rate on capital a lower rate then the tax rate on labor?

                                                                        #99.2 - Wed Apr 18, 2012 5:27 PM EDT

                                                                        Pointless.

                                                                          #99.3 - Wed Apr 18, 2012 5:30 PM EDT

                                                                          if its pointless should be easy to answer- why do you have to lower tax rates on the rich to "motivate" them

                                                                            #99.4 - Wed Apr 18, 2012 5:36 PM EDT

                                                                            Your last sentence is telling.... Why? Why should someone pay for something that they are investing in? Are you punishing those who invest? Capital Gains tax is different than salary tax.... people have already paid their salary tax and are using what is left over to invest and this rate by law is lower.... don't want to have double taxation for the same money ... Warren Buffet is receiving his income from capital gains which is taxed at a lower rate since he already has paid the salary tax long ago.... His secretary is making $400k a year and Warren receives $100k in capital gains ... so according to Obama if you make more then you should pay more so what is the problem?.... LOL... comparing apples to oranges and misleading people is the mark of a true "Machiavellian"

                                                                            • 1 vote
                                                                            #99.5 - Wed Apr 18, 2012 5:41 PM EDT

                                                                            what the hell are you talking about? If I work and save my money and buy apple stock, then sell it what do I pay tax on? The profit not the investment so how is it taxed twice and why should the rate be lower? So now we need govt involement in lower rates to get people to invest but no govt involvement allowed to help grow the economy. Makes NO SENSE- explain it if you can

                                                                              #99.6 - Wed Apr 18, 2012 6:10 PM EDT

                                                                              I need a paxil

                                                                              what the hell are you talking about? If I work and save my money and buy apple stock, then sell it what do I pay tax on?

                                                                              You pay regular taxes depending upon how long you have had the investment determines the rate you pay. Either you will pay the short-term rate or the long-term rate. Look at what you asked!!! you have worked and saved your money already but before you received your money you were taxed on the money and now you will be taxed again on the same money if it draws interest... so to me this is a double taxation on the same money ( I know the profit or gain is only taxed but it shouldn't be taxed at the normal rate since investments helps stimulates the economy and those who invest should receive breaks)

                                                                              So now we need govt involement in lower rates to get people to invest but no govt involvement allowed to help grow the economy. Makes NO SENSE- explain it if you can

                                                                              Explain how raising taxes helps grows the economy!!! Government involvement should be restricted in the free market and the exercise thereof.... determining who to invest in or what to invest in is not the job of the government. If capital gains tax is raised then there would be less incentive to invest, especially long-term investments..... short-term investments would raise the cost of doing business everywhere and would make for an unstable economy.

                                                                              I believe in limited government involvement in the free market.... if the government wants to stimulate the economy then pass a flat-tax rate where everyone pays their fair share. I guarantee when everyone has a dog in the fight then the government will shrink in size and these pork belly pet projects will fall to the wayside ... just my opinion

                                                                                #99.7 - Wed Apr 18, 2012 6:41 PM EDT
                                                                                Reply

                                                                                The GOP class warfare already killed the middle class.

                                                                                • 2 votes
                                                                                Reply#100 - Wed Apr 18, 2012 5:19 PM EDT

                                                                                NO, 100 years of incremental marxism from the Democrats (with help from the Republicans) killed all classes- our nation is bankrupt because of their socialist redistribution of wealth programs and excessive taxation

                                                                                • 1 vote
                                                                                #100.1 - Wed Apr 18, 2012 5:22 PM EDT

                                                                                Last time I checked I am still alive and well. And will vote for anybody other than Obama.

                                                                                • 3 votes
                                                                                #100.2 - Wed Apr 18, 2012 5:23 PM EDT

                                                                                So ... what has Obama done for you and the middle class in the last 4 years?? Answer, please.

                                                                                • 2 votes
                                                                                #100.3 - Wed Apr 18, 2012 5:23 PM EDT

                                                                                Larry- then why were average wage increasing prior to trickle down but not now. Productivity is way way way up but not wages adjusted for inflation. Now we know how the 1% made all that money Minister Larry.

                                                                                Social Darwinism at its finest- the RepbliCON party

                                                                                  #100.4 - Wed Apr 18, 2012 5:30 PM EDT

                                                                                  INAP- trickle down has worked extremely well in spite of all the attempts by liberals to wipe it out.

                                                                                  Trickle down works by incentivising people to create. The 90's was almost solely due to Reagan's trickle down economics which freed up the investment capital to create the dot com paradigm.

                                                                                  Conversely now you have liberalism again trying repeat their previous failed ideology of trying to expand opportunity by taking money out of the hands of the economy and GOVT determining who and where it's spent.

                                                                                  Millions of Americans create their own upward mobility by taking advantage of tax laws to build their own future. I always advise my clients that a job is the worst way to provide financial security for your family.

                                                                                    #100.5 - Wed Apr 18, 2012 5:49 PM EDT

                                                                                    Larry,

                                                                                    Reagan's trickle down also created deficits and widen the gap between the rich and poor. I guess to you that was another Christian move.

                                                                                      #100.6 - Wed Apr 18, 2012 6:03 PM EDT

                                                                                      how much money did the uS govt lose in the S&L crisis- you remember the one where we dont need to regulate the banks on loans- they know what they are doing. Like the budget director for Reagan in 1986 coming out abnd saying its all an illusion and cant work. How about the flood on the deficit.

                                                                                      Gotta laugh- Reagan Mr Conservative did what to get us outr of the 1981 Recession- cut tax(Keynesian economics) and spent like hell- look at the deficit but it was ion the military so all the RepubliCons loved it. What a joke- the founder of the Conservative Revolution used KEYNESIAN ECONOMICS

                                                                                        #100.7 - Wed Apr 18, 2012 6:05 PM EDT

                                                                                        Larry the Minister- lets talk today- why are your policies FAILING in Europe. Britian is employing the RepoubliCon play book and their economy is a disaster. Double Dip Recession

                                                                                        Dollar falling- no

                                                                                        inflation running wild- no

                                                                                        employment flat- no 25 months of continuous private sector job growth

                                                                                        Each of these occurences were predicted by your side 12 months ago. If you cant get this right why should we believe anything you say?

                                                                                          #100.8 - Wed Apr 18, 2012 6:15 PM EDT

                                                                                          INAP,

                                                                                          I answered this before. Socialism is so embedded in Europe that even austerity measures cannot save it. the laziness that socialism creates has destroyed Europe.

                                                                                          Every country with their socialized health care can no longer pay for it.

                                                                                          France claims it long ago achieved much of what today's U.S. health-care overhaul is seeking: It covers everyone, and provides what supporters say is high-quality care. But soaring costs are pushing the system into crisis. The result: As Congress fights over whether America should be more like France, the French government is trying to borrow U.S. tactics.

                                                                                          In recent months, France imposed American-style "co-pays" on patients to try to throttle back prescription-drug costs and forced state hospitals to crack down on expenses. "A hospital doesn't need to be money-losing to provide good-quality treatment," President Nicolas Sarkozy thundered in a recent speech to doctors.

                                                                                          And service cuts -- such as the closure of a maternity ward near Ms. Cuccarolo's home -- are prompting complaints from patients, doctors and nurses that care is being rationed. That concern echos worries among some Americans that the U.S. changes could lead to rationing.

                                                                                          The French system's fragile solvency shows how tough it is to provide universal coverage while controlling costs, the professed twin goals of President Barack Obama's proposed overhaul.

                                                                                          http://online.wsj.com/article/SB124958049241511735.html#mod=whats_news_free?mod=igoogle_wsj_gadgv1

                                                                                          November 21, 2011

                                                                                          French Pharma Industry Pays The Price For Country’s Financial Woes

                                                                                          http://www.europharmatoday.com/2011/11/french-pharma-industry-pays-the-price-for-countrys-financial-woes.html

                                                                                          Let's look at Germany which is supposed to have the best UHC

                                                                                          The costs of the German health care system are immense and rising due to demographics as well as medical cost inflation. Recent government reforms have attempted to make hospitals more competitive and thereby reduce costs for the state health insurance providers (Gesetzliche Krankenversicherung or GKV). Reduced benefits for dental work, increased out-of-pocket payments for those seeking treatment and an insurance premium now increased to 8.2% of regular income to be borne by the member alone were measures introduced. After the elections in 2009 a further health reform became necessary due to an expected budget deficit of over 10 Billion Euros for the GKV.

                                                                                          The introduction of the Gesundheitsfonds, which is a monstrous collection and distribution fund for all monies paid into the GKV, went into effect on January 1, 2009. The consequences were felt by all: the current 153 Krankenkassen claim that the amounts being distributed per head are not enough to cover costs and a number of the Kassen have already registered for bankruptcy. Their members will of course, be allowed to change to another Kasse. Krankenkassen are allowed to charge their members an unlimited supplemental premium if they calculate that they cannot meet their expenses. This will again make it necessary to compare the total premiums of the different Kassen before deciding which one to join. Further reforms can be expected in attempting to fund the system and these will probably mean that the premiums will increase and benefits will be further rationed.

                                                                                          http://www.howtogermany.com/pages/healthinsurance.html

                                                                                          You have three options for health insurance while living in Germany; the government-regulated public health insurance system (GKV), private health insurance from a German or international insurance company (PKV – Private Krankenversicherung) or a combination of the two. You can opt for full private plans if your income is above a certain threshold or if you are self-employed. Finding the best service provider of state health insurance or finding the most suitable coverage from a private health insurer while still at a competitive rate is not always easy but is well worth the effort.

                                                                                          Most German residents (approximately 70 million people) are members of the government health system. If your gross salary is below 50,850 Euros per year or 4,238 Euros per month then membership in the GKV is mandatory. The government health insurance scheme is administered by approximately 155 Krankenkassen and they must all charge the same basic rate. The basic rate of government health insurance is 15.5 % of eligible gross salary to a maximum monthly income of 3,825 Euros (2012 figures). If you earn more than this you do not pay a higher insurance premium. Assuming you pay the maximum monthly premium of 593 Euros as an employee earning at or above the threshold and are therefore a voluntary member, your contribution is approximately 314 Euros and your employer pays approximately 279 Euros. The general minimum period of membership with a particular Krankenkasse is 18 months. You can switch government health fund providers by giving two months notice after 18 months membership or if a supplemental premium is demanded or increased.

                                                                                          The medical benefits provided include in-patient (hospital) care as a ward patient with the doctor on duty at your nearest hospital, out-patient care with registered doctors (Kassenärzte) and basic dental care. Please note that there is no coverage for private doctors or surgeons, a private room in hospital, alternative/homeopathic medical care, dental implants, and vision products for adults or any medical benefits outside of Europe. Your non-working dependents living at your address in Germany are presently insured at no additional cost and simply need to be registered with the Krankenkasse.

                                                                                          http://www.howtogermany.com/pages/healthinsurance.html

                                                                                            #100.9 - Wed Apr 18, 2012 6:58 PM EDT
                                                                                            Reply

                                                                                            He wasn't born with a Silver Spoon........BUT he's GOT one now!

                                                                                            WE are footing the bill for his selfish familys luxury trips....Parties......designer gowns (what happened to J.Crew?)....

                                                                                            Obama has left us in the dust!!!

                                                                                            He hasn't bought a gallon of gas for almost 4 yrs. and could give a Crap that WE are suffering!

                                                                                            Too busy running Air Force One all over the world and his 100+ fundraisers at OUR expense!!!

                                                                                            • 4 votes
                                                                                            Reply#101 - Wed Apr 18, 2012 5:19 PM EDT

                                                                                            Willard should run for prez of the Caymans.

                                                                                            • 2 votes
                                                                                            Reply#102 - Wed Apr 18, 2012 5:19 PM EDT

                                                                                            NoBama should run for Governor of Illinois.........4 of the last 6 Governors are in Prison!

                                                                                            He would fit right in!

                                                                                            ALL of his cabinet are Chicago THUGS!

                                                                                            • 3 votes
                                                                                            #102.1 - Wed Apr 18, 2012 5:23 PM EDT

                                                                                            You are starting to sound as desperate as President Barrack Hussein Obama

                                                                                            • 1 vote
                                                                                            #102.2 - Wed Apr 18, 2012 5:26 PM EDT
                                                                                            Reply
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