Barack Obama said "elf," not "wealth"

When Sen. Barack Obama was telling that plumber in the ABC News video going around that he wanted to take money from him and give it to other people so they can succeed too, some interpreted his statement as evidence of his Marxist redistribution philosophy.

The Obama campaign said that just isn't so. What he said was not "spread the wealth around." In fact, what he said was "spread the elf around."

Like this:

Some racist, right-wing hate groups have taken his words out of context. Please click the image below for a full 5:47 video of Barack and the plumber. At the 4:40 mark you will see the camera cut to an actual elf who says he has to use the bathroom: