Can someone produce Obama's stance on this exactly. It would be helpful to know what exactly he is talking about when he says 75K would be considered rich...

I just want to see the statement in context.

Here ya go ...

"Da white man make mo' money dan da black man! Da white man save da black man! Da black man fight da white man! Da black man say da white man now owe da black man! Cuz dey is dis many white man makin' dis much money y0! If we sayz ... "HEY! KrakkaZ! Yall that be makin dis much monieZ iz now gonna givta da black man dis much, cuz dis be where da most white man is making dis much monieZ, ifs we taxes da white man makin diz much, we da black man, gonna get even mo money dan if we taxez da white man makin mo' o' less', cuz dis where da most white man make da money! We show all dem dam KrakkaZ!"

Hope this helps

you make my brain hurt

70k is not rich for a family of four. I make 70k and I'm doing damn well for myself, but I'm also single and frugal. But, like Dogmeat said, if I were supporting three other people on that, I would be stretched quite thin.