Wisconsin Attorney Sentenced for Beating of Wife
Wisconsin Attorney Sentenced for Beating of Wife
Botched Execution in Arizona of Joseph Wood Prompts Investigation
Botched Execution in Arizona of Joseph Wood Prompts Investigation
Adopted Son of Jerry Sandusky Tells His Story to Oprah
Adopted Son of Jerry Sandusky Tells His Story to Oprah
Employees of SeaWorld, Universal Studios and Disney Arrested for Child Sex Crimes
Employees of SeaWorld, Universal Studios and Disney Arrested for Child...
Job Listings

Video of President Obama from 1998 Loyola Speech Released

Just days after a video of Mitt Romney was released talking about 47 percent of Americans being ‘dependent on government,’ a video has been leaked from 1998 of President Barack Obama. Romney’s comments came because the 47 percent he was referring to do not pay federal income taxes. The video of Obama, reportedly recorded at Loyola University, was posted to YouTube. It seems as though the thoughts expressed by Obama in the video are much different than the ones expressed by Romney in his video, which was taken at a fundraising event in May. In the Obama video, at the time a senator from Illinois, said:

“The trick is figuring out how do we structure government systems that pool resources and hence facilitate some [wealth] redistribution — because I actually believe in redistribution, at least at a certain level to make sure that everybody’s got a shot.”

It seemed as though Obama’s opinion of redistribution changed 10 years later when he was running his campaign for the presidency in 2008. He was criticized by Republicans when he said the following at a campaign event in Ohio: “When you spread the wealth around, it’s good for everybody.”

A statement has not been released by the Obama campaign or administration about the authenticity of the video.



Get JD Journal in Your Mail
Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!


Did you like this? Share it:
Video of President Obama from 1998 Loyola Speech Released by

Tagged: , , ,

Posted by on September 19, 2012. Filed under Shocking. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.
  • Lynn Jones

    The edited tape circulated by the Romney campaign is very misleading. It conveniently cut off the segment in which Obama linked the concept of redistribution to competition in the marketplace. The substance of his comment was that in order to encourage innovation and economic competition on the local community level fiscal policies must be adapted to encourage investment and innovation.

    Watch the video here: firstread.nbcnews.com/_news/2012/09/19/13971913-in-rest-of-98-clip-obama-speaks-of-competition-and-the-marketplace#comments

 

 

Job of the Day
Capital Markets Counsel 3 Attorney
USA-NC-Charlotte

Wells Fargo & Company, a diversified financial services company, is seeking an experienced capital markets Attorney to join its Law Department in its Charlotte, NC office. The individual selected...