http://blog.washingtonpost.com/fact-checker/

'In other words, Obama says pretty much the opposite of what the McCain camp says he said. Contrary to the spin put on his remarks by McCain economics adviser Douglas Holtz-Eakin, he does not express "regret" that the Supreme Court has not been more "radical." Nor does he describe the Court's refusal to take up economic redistribution questions as a "tragedy." He uses the word "tragedy" to refer not to the Supreme Court, but to the civil rights movement:

"One of the tragedies of the civil rights movement was that the civil rights movement became so court focused, I think, there was a tendency to lose track of the political and organizing activities on the ground that are able to bring about the coalitions of power through which you bring about redistributive change."

Holtz-Eakin "read a different interview to the one I heard," said Dennis Hutchinson, a University of Chicago law professor who joined Obama in the panel discussion. "Obama said that redistribution of wealth issues need to be decided by legislatures, not by the courts. That is what a progressive income tax is all about."'