Wed Sep 19, 2012, 11:55 PM

In rest of '98 clip, Obama speaks of 'competition' and 'the marketplace'

Source: NBC News

Updated 11:29 p.m. — 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.

In the whole clip, Obama says:

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.

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11 replies	Author	Time	Post
In rest of '98 clip, Obama speaks of 'competition' and 'the marketplace' (Original post)	highplainsdem	Sep 2012	OP
Wow talk about Mittens Shooting first Aim later	timlot	Sep 2012	#1
In 2008, this would have been par for the course (as R ads go)	eggplant	Sep 2012	#2
Seems like the 'Licans have mastered only one strategy for when you're caught in a lie . . .	MrModerate	Sep 2012	#3
LOL Made me think of Bruce Willis	VWolf	Sep 2012	#6
Nope, the "Vengeance" screening isn't until November 7. n/t	MrModerate	Sep 2012	#11
Deceptive editing by the GOP..	DLine	Sep 2012	#4
So, one the one hand,	VWolf	Sep 2012	#5
k&DUrec	JTFrog	Sep 2012	#7
No one gives a crap what Obama said in 1998 as a state senator.	yellowcanine	Sep 2012	#8
Let's make ads about what Mittwit said 14 years ago. Wasn't he a liberal back then?	sinkingfeeling	Sep 2012	#9
The $13 billion profit that the banks made...	Blanks	Sep 2012	#10

Response to highplainsdem (Original post)

Thu Sep 20, 2012, 12:08 AM

timlot (92 posts)

1. Wow talk about Mittens Shooting first Aim later

Very interesting. This should get a little life on the news cycle tomorrow.

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Response to highplainsdem (Original post)

Thu Sep 20, 2012, 12:21 AM

eggplant (972 posts)

2. In 2008, this would have been par for the course (as R ads go)

But now it just sounds whiny.

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Response to highplainsdem (Original post)

Thu Sep 20, 2012, 12:28 AM

MrModerate (8,040 posts)

3. Seems like the 'Licans have mastered only one strategy for when you're caught in a lie . . .

Lie harder!

This has worked fairly well over the last few election cycles, but it seems to me that its use-by date has expired.

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Response to MrModerate (Reply #3)

Thu Sep 20, 2012, 08:29 AM

VWolf (2,521 posts)

6. LOL Made me think of Bruce Willis

Lie Hard II: Lie Harder

Soon to be followed by
Lie Hard With a Vengeance
(although I think that's already come out)

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Response to VWolf (Reply #6)

Fri Sep 21, 2012, 07:26 PM

MrModerate (8,040 posts)

11. Nope, the "Vengeance" screening isn't until November 7. n/t

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Response to highplainsdem (Original post)

Thu Sep 20, 2012, 02:04 AM

DLine (397 posts)

4. Deceptive editing by the GOP..

I for one am shocked.

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Response to highplainsdem (Original post)

Thu Sep 20, 2012, 08:28 AM

VWolf (2,521 posts)

5. So, one the one hand,

we have a guy saying all softs of awful things, claiming they were taken out of context, and then proven wrong when the entire video is released.

And on the other hand, we have a guy saying something reasonable, that WAS taken out of context, and that comment is made even MORE reasonable when the entire video is released.

False equivalency, much?

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Response to highplainsdem (Original post)

Thu Sep 20, 2012, 09:14 AM

JTFrog (9,396 posts)

7. k&DUrec

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Response to highplainsdem (Original post)

Thu Sep 20, 2012, 09:21 AM

yellowcanine (24,444 posts)

8. No one gives a crap what Obama said in 1998 as a state senator.

The fact that Mitt would jump on this shows how desperate he is to change the subject. It will not work. Obama is the President. He has a record which is relevant. What he said in 1998 as a state senator is not.

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Response to highplainsdem (Original post)

Thu Sep 20, 2012, 09:34 AM

sinkingfeeling (27,783 posts)

9. Let's make ads about what Mittwit said 14 years ago. Wasn't he a liberal back then?

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Response to highplainsdem (Original post)

Thu Sep 20, 2012, 04:54 PM

Blanks (1,351 posts)

10. The $13 billion profit that the banks made...

When the FED loaned them $7.7 trillion immediately comes to mind.

We need to catch money like that at the spigot and redistribute it.

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