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Betty Arenson: Obama’s message not ‘forward’ but ‘mediocrity’

Right Here, Right Now

Posted: June 15, 2012 1:55 a.m.
Updated: June 15, 2012 1:55 a.m.

President Barack Obama has not fallen short on speaking to students of all ages at various schools and colleges these past few years. He orates the positive theme words of "hard work pays," American ingenuity and rewarding responsibility. Lately, he reminds them of their encumbering student loan debt.

A primary theme of his presidency and his campaign is to harshly attack the wealthy. Moreover, the assailments are executed with some intangible transference that the rich are greedy, nefarious, detestable and worst of all Republican.

While the president mouths working hard and achieving success, which the vast majority equates with income, he astutely and designedly omits where he and his followers have drawn that elusive line that makes you rich; or more fatally, a member of the 1 percent.

When the audiences recover from the overwhelming vapors of his purported "cool" and charisma, I wonder if they rationally think to match his words to his actions and those of his followers.

That should be a prompt, logical ensuing thought.

Obama supports the Occupy Wall Street movement. This group's leitmotif is anti-bank, anti-investment, anti-wealth and anti-everything capitalist. They claim capitalism is destructive.

While the White House machine condemns Wall Street-like appurtenances, Obama has stacked his administration with a long list of former Wall Street hot shots. Many have problematic income tax issues of their own.

Moreover, these same faux critics have their money invested in Wall Street. Without that, there would not have been the recent dustup with the public learning that those on Capitol Hill can legally practice insider trading, which is illegal and prosecutable for Joe Citizen.

Hypocritically, Wall Street-ers and others of wealth are funding Obama's campaign with tens of millions of dollars.

We are nauseatingly reminded that the rich do not pay their fair share. The majority of the media gleans there is a significant amount of support for the tax-the-rich-more idea.

For many of the past months, the Obama-extolled Buffett Rule included taxing not just millionaires but reaching down to those earning $200,000 and households with combined incomes of $250,000. It is worth noting, that those lower numbers have now dissipated from the media and from Obama supporters. Now, tax-the-rich is storied to be just millionaires and billionaires.

According to the 2010 IRS database, anyone earning $380,354-plus is in the 1 percent. That group pays 38 percent of all federal income tax with the top 25 percent ($67,280-plus) paying 86.34 percent of all taxes.

This all leads to the most prominent question to a student body.

Students: You are spending years of your lives studying and striving to achieve high GPAs while incurring tens of thousands of dollars in student loan debt.

Upon graduation, do you plan and aspire to be a member of the 1 percent and pay your fair share, or do you plan to settle at the national average income of about $53,000 a year?

Parents, what do you want for your children after they graduate and head into the job market to support themselves and their families for life?

That's a question worth pondering when you are barraged with the Obama machine's message of "capitalism is evil" and telling you that should you make it to an upper income, we will do our best to bring you down and level that playing field.

Betty Arenson is a Valencia resident.



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