Too many conservatives think Obama is an incompetent, idealistic boob in the mold of Jimmy Carter. This is a grave mistake as I think he knows exactly what he's doing which is to run the national debt so high (via spending on programs that disproportionately benefit blacks) so as to create a financial crisis that forces us to accept much higher and broader federal taxes. Thus, achieving his wealth redistribution utopia.
Obama and his wife see everything through the prism of race, they believe blacks are disproportionately poor due to racism and only government can equalize the situation. What they fail to realize is that wealth in America is distributed, for the most part, by talent, intelligence, and work ethic.