NBC did a little homework and found the clip of Barack Obama talking about 'redistribution.' The clip was edited by republicans and omitted the parts about competition and marketplace. I'm sure it was an honest mistake, republicans wouldn't knowingly deceive the public. <----SNARK
Their findings:
Mitt Romney's campaign this week has pounced on a 14-year-old clip of Obama speaking about "redistribution" in October 1998 at a conference in Chicago, in which the future president seems to extol the virtues of redistributing wealth.
Yet NBC News has obtained the entirety of the relevant remarks, which includes additional comments by Obama that weren't included in the video circulated by Republicans. That omission features additional words of praise for "competition" and the "marketplace" by the then-state senator.
I'm still puzzled why repubs had to go back to 1990s to have their 'ah ha' moment. Then they had to edit the video. Do repubs really think people won't go back and look this up?
Anyway here's what Obama said:
I think 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 sure that everybody's got a shot. How do we pool resources at the same time as we decentralize delivery systems in ways that both foster competition, can work in the marketplace, and can foster innovation at the local level and can be tailored to particular communities.
Republicans must be in a bad place if this is all they have.
http://firstread.nbcnews.com/...