Sioux City Journal

Rich are getting richer

Posted: Wednesday, August 27, 2008

SIOUX CITY -- Recently, conservative and admittedly wealthy Bill O’Reilly chastised Barak Obama in his column, saying he supports “income distribution.” Change a couple of terms and I will agree with his contention that redistribution of wealth in this country is out of hand. Let us call this "wealth redistribution." The rich are getting richer at the expense of the rest of us. The top 1 percent (including Mr. O’Reilly) seems only to oppose redistribution of wealth downward, where the rich share wealth to those of us in the middle class. Does he ever consider that those of us NOT in the top tier of the economy are harmed by the redistribution of wealth upward?

We common folk oppose CEOs of large corporations awarding themselves salaries and benefits measured in multi-millions and corporate giants (such as Exxon) gouging the general population with exorbitant prices at the pump, then posting the largest profits ever recorded anywhere. It seems that wealth is being distributed to those already having more than most of us will earn in a lifetime. I contend that Mr. O’Reilly heartily approves of this redistribution of wealth as long as it lines his vaults.

Unbelievably, Mr. O’Reilly compounds the egregiousness of his position by proclaiming himself the arbiter of the “charities” he deigns to approve. This brand of elitism can only be described as arrogance, a trait that Mr. O’Reilly also has in abundance. -- Dennis Rasmussen

Story Comments

VegasRage wrote on Sep 17, 2008 4:11 PM:

" Worth Repeating (who is really Brad) conveniently forgets the Republicans spent for 6 years before that, and it was Bush has demanded all that war money which he got rubber stamp approval on by both parties. DUH!

I recall telling you Gold and Silver was the place to be right now too. i doubt you listened then or will listen now "

Worth Repeating wrote on Sep 15, 2008 7:18 PM:

" Vegaswhine is crying wrote on Sep 8, 2008 6:54 PM:

" Vegaswhine, If you were more intelegint you would know that Congress sets the Budget, and for the past two years it has been the Democrats that have been spending all the money. " "

VegasRage wrote on Sep 8, 2008 11:02 PM:

" Benji-brad and if you were more Intelligant and stopped getting high on Republican gas you would know both parties have endorsed the bailouts, the stimulus checks, and both parties have borrowed and spent like teenagers drunk on with their first credit card.

I know you love to point to the last two years of a failed democrat controlled congress, and yes, yes they have failed. Yet you seem to forget that for 6 years the Bush rubber stamp GOP Congress gave the demander in chief all he threw a fit for so he could play president at our expense. "

Kirk wrote on Sep 8, 2008 6:58 PM:

" Ruissia still owes us money from world War II loans. "

Vegaswhine is crying wrote on Sep 8, 2008 6:54 PM:

" Vegaswhine, If you were more intelegint you would know that Congress sets the Budget, and for the past two years it has been the Democrats that have been spending all the money. "