DailyKos transcribed the actual speech (sans editing):
I think what we’re going to have to do is resuscitate the notion that government can be effective at all. There has been a systematic—I don’t think it’s too strong to call it a propaganda campaign—against the possibility of government action and its efficacy. And I think some of it’s been deserved: Chicago housing authority has not been a model of good policy making and neither have been necessarily the Chicago public schools.
What this means, then, is that we try to resuscitate this notion that we’re all in this together, leave nobody behind, we do have to be innovative in thinking what are the delivery systems that are actually effective and meet people where they live? And my suggestion, I guess, would be that the trick—and this is one of the few areas I think that there are technical issues that need to be dealt with as opposed to just political issues—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 has got a shot.That’s terribly evil of Obama to want to help the poor. I guess he should just give up his campaign right now.
Republicans, including Ronald Reagan on this very topic:
Right wing sites are running with the mundane, false talking points that Obama is a Socialist by bringing up the evil word, “redistribution.” So, they must hate Ronald Reagan, Theodore Roosevelt and Dwight D. Eisenhower then.
And, Mitt morphing into Sarah Palin is really going to work? Keep it up guys.