Then future president Barack Obama calling for progressives to use a
“trick” to enable unpopular economic redistribution. In that speech,
Obama also used some of the same language he’s adopted for the 2012
campaign.
Amid public distrust, “the trick is figuring out how do we structure
government systems that pool resources and hence facilitate some
redistribution? — because I actually believe in redistribution, at least
at a certain level to make to make sure everybody has got a shot,”
Obama told a Loyola University audience in October 1998.
Since his ascent to the White House, he has followed a strategy of
“pooling” taxpayer dollars into projects, including green-tech programs
and cheap mortgages, that promote redistribution, while hiding the costs
and risks.