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O’Reilly: President Obama Does Not Want Americans To ‘Accumulate Wealth’

Posted by Ellen -7849.80pc on September 26, 2013 · Flag

Did any Fox News viewers actually believe Bill O’Reilly last night when he went on a rampage attacking President Obama and “his acolytes” as not wanting Americans to “accumulate wealth?” Don’t forget this is the same network that can’t stop attacking President Obama (and Michelle Obama, too) as an out-of-touch, golf-playing elitist who takes overly ritzy vacations.

Methinks O’Reilly is upset about his own tax bill more than anything else. He said in this segment that his knees “actually buckled” when he got his tax bill recently. Nevertheless, the multimillionaire made quite a pretense of acting like he and the rest of us are all in the same working-folks boat.

“Why you don’t have as much money as you should have,” O’Reilly said, naming the title of his Talking Points Memo for last night. Low wages? Unemployment? Nope. The problem is taxes are too damned high, says O’Reilly. He must have been banking on people forgetting that just about a year ago, O’Reilly was complaining that half the country is made up of mooching slackers who, he argued at the time, need to pay MORE taxes.

Nevertheless, now O’Reilly claimed:

This is why the U.S. economy is stagnant. American consumers don’t have enough money to spend because the taxman is taking the money.

After accusing President Obama of “spin, pure spin,” for saying that taxes for the middle class are lower than when he took office, O’Reilly did plenty of spinning when he announced:

The people we’ve elected are taking away our security because we can’t accumulate enough money to feel secure in retirement. They’re taking away our legacy because we can’t pass money onto our children. They’re putting us in danger because we can’t protect ourselves from disasters.

This from the network that can’t wait to reform “entitlement spending” aka cut Social Security and Medicare for seniors. I think that might affect their feelings of security, don't you, Bill? And as for not being able to pass money to your children? I have a feeling your little darlings will be getting plenty of money and not needing any soup kitchens. Ever.

O’Reilly continued:

Things are obviously out of control and the Democratic party is primarily to blame. Simply put, President Obama and his acolytes do not want Americans to accumulate wealth. They want to take private wealth away from those who have it and give it to those who don’t have it. And they have succeeded in doing that with an assist from the Bush administration, which ran up colossal debt after 9/11. Taxes in America have reached critical mass.

Oh, really? According to Associated Press, the Obamas are worth somewhere between $1.8 million and $6.8 million. But maybe O’Reilly doesn’t consider that real wealth.

Yet, though he admitted he had the money to pay his knee-buckling taxes, he also pretended to be just one of the folks:

So unless we the American people, the working people, wise up and understand what a bad deal we are getting, we will never have a vibrant economy again.

In an article called, “Why Bill O’Reilly Shouldn’t Report On The Economy,” Media Matters came up with a more technical analysis of this segment. Noting that the tax figures that matter are not the raw revenue numbers but their percentage of the economy, the article pointed out:

Under Obama, tax revenues as a share of the economy are historically low. During Obama’s first term, the ratio of revenue to GDP averaged 15.4 percent, the lowest levels since 1950, according to data from the Tax Policy Center. For context, since 1950, federal revenue has averaged approximately 18 percent of GDP.

These numbers are unsurprising because federal tax rates have declined to “near historic lows” for middle-income Americans, the Center for Budget and Policy Priorities determined.

… O’Reilly’s claim that Obama has “succeeded” in redistributing wealth is laughable given the recent economic milestone the U.S. reached—in 2012, the nation’s income inequality gap reached its greatest extent since before the Great Depression. According to the Associated Press, America’s richest one percent saw their incomes rise by 20 percent last year, while the other 99 percent of the country saw their incomes rise only one percent.

University of California, Berkeley economist Emmanuel Saez recently released research showing that the top one percent has captured 95 percent of the income gains made during the first three years of economic recovery following the recession. 

So, we’re sorry, Bill, if you think too much of your stash is going to things like schools and libraries and national parks and federal disaster relief. But you’ll have to cry me a river long before I believe that you’ve really got it tough or that your budget woes are anything like those of most of the rest of us.

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Richard Santalone commented 2013-09-28 10:54:26 -0400 · Flag
@antoinette LOL! Ah yes, we can dream Antoinette, can we not? Like Ivana Trump said near the end of the movie “The First Wives Club”:

“DON’T GET MAD — GET EVERYTHING!”

:^)
Richard Santalone commented 2013-09-28 10:48:49 -0400 · Flag
From bemused’s comment:

“The fact that an ignoramus like O’Reilly could presume to write supposedly historical books and be taken even minimally to the point where people actually spend money on them, is truly mind-boggling……”

Yes indeed bemused — but then again, keep in mind who publishes the majority of O’Lielly’s books: HarperCollins and its imprints (i.e. divisions), which are OWNED by Herr Goebbels II (i.e. Murdoch).

’Nuff said.
Bemused commented 2013-09-28 02:48:06 -0400 · Flag
Sandman2: With faith and trust, I await the day that I shall hear those great questions raised on Fox, perhaps (surely?) by Ed Henry or Toddles.

The fact that an ignoramus like O’Reilly could presume to write supposedly historical books and be taken even minimally to the point where people actually spend money on them, is truly mind-boggling: A source of considerable hilarity in the rest of the world… and of constant embarrassment.
Jan Hall commented 2013-09-27 16:55:21 -0400 · Flag
Sounds like your being a Grievance Hustler to your audience Junior.
Antoinette commented 2013-09-27 16:45:49 -0400 · Flag
Richard-Yes, Billy will never go broke. What will drive him up the wall is Maureen taking his money each month and spending it on her, her child and her new man. Yes, we can see it now! She’s buying top-of-line wine for her and her new love, cozy up near a fireplace, smooching passionately until the sun rises.

Finally, she is free of this old loon, and find happiness with another man.
Aria Prescott commented 2013-09-27 16:05:14 -0400 · Flag
O’Reilly has always talked to people like he thinks we’re all small children compared to him… but this whole segment, he talked like he thought were weren’t even that. It was like he was talking to a puppy off-screen. Condescending prick.
mj - the same one commented 2013-09-27 13:47:36 -0400 · Flag
O’Reilly: President Obama Does Not Want Americans To ‘Accumulate Wealth’

If that were true, BillO, you’d be working at a fast food joint. So STFU . . .

.
Sandman2 commented 2013-09-27 11:15:59 -0400 · Flag
Wasn’t there already a book about “Killing Jesus?” I think it’s called the Bible! Billdo says his book is better because he’s found some “NEW” facts to add to the story of Jesus death! Did he discover that it was Pres. Obama’s fault? Was Pres. Obama a direct descendent of those who killed Jesus? Was Jesus really killed in Benghazi and Pres. Obama’s relatives covered it up? Did Pres. Obama’s relatives invent staking people to a Cross with the sole intent to kill the “Savior?” Were his relatives responsible for the economic down-turn of Cross builders-A.D.?
Or is Billdo just lying to increase interest to build up his book sales?

What a giant ego this man has. How much bigger can this guys head get considering it’s size already?
Anne-claire Souza commented 2013-09-27 10:12:20 -0400 · Flag
Everything Bile claims is pulled straight from his sorry ass.This Murdoch puppet needs to find a brain.
Jan Hall commented 2013-09-27 09:12:15 -0400 · Flag
Why you don’t have as much money as you should have? In your case Junior, you were talking vibrators on the phone.
Richard Santalone commented 2013-09-27 07:11:27 -0400 · Flag
@antoinette True — but here’s a fact I think you should keep in mind: as long as HarperCollins (or its imprints, i.e. divisions) is publishing O’Lielly’s books, I don’t think Bully will EVER be cash-strapped. Remember: Herr Goebbels II (i.e. Murdoch) OWNS HarperCollins.
Richard Santalone commented 2013-09-27 07:03:20 -0400 · Flag
Mark my words: Bully O’Lielly ALWAYS HAS BEEN AND ALWAYS WILL BE THE UNDISPUTED KING of the “born on third base but thinks he hit a triple” loudmouths. Remember: when his father (William O’Reilly Sr.) died in 1986, he left him a stock portfolio that is probably worth AT LEAST SEVEN FIGURES in today’s dollars. Keep in mind: stocks and other capital assets (e.g. bonds, real estate, etc.) can be passed on to heirs at death 100% FREE OF CAPITAL GAINS TAX. This is by far the MOST CHERISHED TAX BREAK of the 1%ers — and here’s a question for all you working class folks out there: can you guess who ALWAYS gets stuck making up this MASSIVE revenue shortfall in the end?

[cue the “Final Jeopardy” theme]
Thx4 Fish commented 2013-09-26 22:58:09 -0400 · Flag
I’m sure Bill’s tax bill alone is equivalent to the total incomes of 200 or more of his viewers but whine on Bill, the rubes think you really care about them.
mlp ! commented 2013-09-26 20:58:41 -0400 · Flag
I wonder what percentage of Bildo’s audience even pays taxes?
truman commented 2013-09-26 20:51:08 -0400 · Flag
Bildo’s taxes are so onerous that he has now been forced to buy used loofahs and falafels.
Kent Brockman commented 2013-09-26 19:34:37 -0400 · Flag
Killer O’Reilly sez
I avoid da Wrath-O-Jabba-da-Ailes by sucking on hiz money-weenie an spittin’ it out at you, the viewer! It sounds like Hate Speech but believe me, it’s only Roger’s Seed!
Antoinette commented 2013-09-26 19:29:48 -0400 · Flag
Billy’s wealth will be cut in half when Maureen gets through with him. We hope she cleans his closet out.

Billy is going to need to write several more books to pay for his alimony payments.
NewsHounds posted about O’Reilly: President Obama Does Not Want Americans To ‘Accumulate Wealth’ on NewsHounds' Facebook page 2013-09-26 19:17:51 -0400
Associated Press reports that the Obamas are worth about $2-7 million. But maybe O'Reilly doesn't consider that real wealth.








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