Obama’s Fuller 1998 Remarks at Loyola - By Stanley Kurtz - The Corner - National Review Online: "The Globe story is frightening enough, but today’s investigative piece at the Washington Examiner breaks new ground on what we learned from the Globe in 2008. What we’re really looking at here is a clever way of funding social-welfare programs via breaks for favored business partners, who in turn become permanent campaign contributors to the politicians who vote for the programs. This is less about free-market competition — although that’s the happy face Obama sought to put on it — than about Obama-style crony capitalism. As I explained earlier, the leftist New Party, which Obama joined not long before his Loyola remarks, favored a kind of institutionalized crony capitalism as a strategy for socializing the economy by degrees. Obama’s support for this faux public–private partnership in housing policy was also part of his broader support for the regionalist movement. Regionalists seek to break up “concentrated poverty,” and this is why Obama brought in Rezko to manage mixed-income housing projects, in preference to large public-housing units. Although the thrust of the regionalist philosophy Obama embraced is overwhelmingly redistributionist, regionalists typically do try to force their housing strategies onto private developers, as in “inclusionary zoning,” a favorite regionalist gambit. So when you go back and look at the regionalist policies in housing, education, and other areas that Obama was supporting and enacting at the time of his 1998 Loyola remarks, it’s entirely fair to conclude that he was redistributionist in a profound sense. The newly revealed continuation of Obama’s Loyola remarks does nothing to contradict that. If anything, the new passages only make the real meaning of Obama’s redistributive regionalism more clear."Another RTWT. You have no clue how manipulative O Duce is. No. Clue.
Open Thread
1 hour ago