President Obama: "If You've Got A Business - You Didn't Build That. Somebody Else Made That Happen"

Tyler Durden's picture

Presented without commentary (highlights ours)

There are a lot of wealthy, successful Americans who agree with me -- because they want to give something back.  They know they didn’t -- look, if you’ve been successful, you didn’t get there on your own.  You didn’t get there on your own.  I’m always struck by people who think, well, it must be because I was just so smart.  There are a lot of smart people out there.  It must be because I worked harder than everybody else.  Let me tell you something -- there are a whole bunch of hardworking people out there.  (Applause.)


If you were successful, somebody along the line gave you some help.  There was a great teacher somewhere in your life.  Somebody helped to create this unbelievable American system that we have that allowed you to thrive.  Somebody invested in roads and bridges.  If you’ve got a business -- you didn’t build that.  Somebody else made that happen.  The Internet didn’t get invented on its own.  Government research created the Internet so that all the companies could make money off the Internet.


The point is, is that when we succeed, we succeed because of our individual initiative, but also because we do things together.  There are some things, just like fighting fires, we don’t do on our own.  I mean, imagine if everybody had their own fire service.  That would be a hard way to organize fighting fires.


So we say to ourselves, ever since the founding of this country, you know what, there are some things we do better together.  That’s how we funded the GI Bill.  That’s how we created the middle class.  That’s how we built the Golden Gate Bridge or the Hoover Dam.  That’s how we invented the Internet.  That’s how we sent a man to the moon.  We rise or fall together as one nation and as one people, and that’s the reason I’m running for President -- because I still believe in that idea.  You’re not on your own, we’re in this together.  (Applause.)

Source: White House

h/t Jamesr79

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
DFCtomm's picture

You didn't know that because they didn't. The Army put out specs and had a "beauty contest" to see who won. The contestants were all produced, as far as I know, by auto manufacturers. The Army then selected the winner and that was the Hummer. Is it rude to mention competition in the comments of a socialist love letter?

holdbuysell's picture

I wouldn't say always, but you are correct in that certain substantial technologies (GPS, internet as examples) came from government work that are now pervasive in the private sector.

imbrbing's picture

A private sector coorperation could have built GPS if they had the way to create the money the way the gov can to

finance it. Given a need,  anyone with money can create. He who has the money, creates shit.

If I hade the money, I could go to the moon too.



ATM's picture

Nope. No private company would have been granted a license to build such a system before the government did.

And why the hell does the government have the power to limit a private company from using satellites space? 

Raymond K Hessel's picture

No private company would have been granted a license to build such a system before the government did.

EXACTLY. Just because we live in a world where govts prevent us from doing what we want doesn't mean we couldn't do it on our own.

HardAssets's picture

What would private citizens be able to create, if so much of their earnings wouldnt be diverted to parasite government ?

jerry_theking_lawler's picture

If a private party (other than the Federal Reserve system) creates money out of thin air.....then it is called counterfeiting.

holdbuysell's picture

Sources for development:


"The GPS is a DoD developed, worldwide, satellite-based radionavigation system that will be the DoD's primary radionavigation system well into the next century. The constellation consists of 24 operational satellites. The U.S. Air Force Space Command (AFSC) formally declared the GPS satellite constellation as having met the requirement for Full Operational Capability (FOC) as of April 27, 1995. Requirements include 24 operational satellites (Block II/IIA) functioning in their assigned orbits and successful testing completed for operational military functionality."

"GPS or the Global Positioning System was invented by the U.S. Department of Defense (D.O.D) and Ivan Getting, at the cost of twelve billion taxpayer dollars."


"In 1973, the U.S. Defense Advanced Research Projects Agency (DARPA) initiated a research program to investigate techniques and technologies for interlinking packet networks of various kinds. The objective was to develop communication protocols which would allow networked computers to communicate transparently across multiple, linked packet networks. This was called the Internetting project and the system of networks which emerged from the research was known as the "Internet." The system of protocols which was developed over the course of this research effort became known as the TCP/IP Protocol Suite, after the two initial protocols developed: Transmission Control Protocol (TCP) and Internet Protocol (IP)."

Terrorist's picture

Yet, what you don't see in your single dimension tunnel, is what would have been invented by the private sector if it had not been sucked dry by taxes, inflation, regulation and competition for personnel and capital by big Gov.

Is it so hard to imagine that the private sector would invent what are now forever unknown solutions that would have been far superior to what presently appears so outstanding?

That a Gov. solution squashed innovation by first mover advantage?

Can you imagine that a private solution would have developed with more effective and robust features because it was created by the more driven motivation of personal inspiration?

When claiming Gov. produces something, do you just abandon and ignore the basic truth that people are more motivated by self interest than participation in a buearocratic group?

holdbuysell's picture

Understood. I'm identifying what happened as fact, not what may have been more optimal, as you're pointing out.

TexasAggie's picture

Jet Engines - by Germany during the war.


There was no Dept of Energy during WWII


Sabibaby's picture

Manhattan Project anyone? You completely miss the point and even more shameful is that eight other idiots up voted you.

johansen's picture

most all of the failed reactor designs are because they were fast tracked to build plutonium to make weapons. 


we had thorium technology since the 50's and built like 1 or 2 reactors.. 

Calmyourself's picture

Umm huxley, what resources were used to create these things?  Did the money for these research projects come from the magical money tree? Usually you think a little deeper but I understand other things trump thought in this case.

max2205's picture

We all get HUMMERS from the Govt everyday

billybobtx's picture

From what I read on the interweb, Oblabla was quite the "hummer"...

tsx500's picture

.....ummmm...... allegedly  .  .  .  .  .  .  .

Beam Me Up Scotty's picture

Ya from a 60 year old 400 pound bald guy......not your fantasy babe.

InjuredThales's picture

Yes, the history of invention and technology is the 72 things that governments worldwide have invented.  There have been no other technologies or scientific developments, ever...

Sorry dude, if you don't understand the process, and don't understand the underlying, all you do is make ridiculous statements like this.

TWSceptic's picture

There is a multiple of examples originating from the private sector, so what's the point?


Commercializing often means better development and better quality, now why is that? Could it be that the free market does a much better job innovating and evolving technology?


And if government wasn't so destructive throughout history, could perhaps the private sector have created all those things you mentioned much earlier in time? The idea that we need a government to innovate and evolve is of course fallacious and in fact the opposite is true.


Not to mention that government first needs to take with force capital, resources and labour from the private sector, it can't just create them out of thin air.

Ayn NY's picture

The government gives out contracts to companies who invent and build technologies.  I have a company whose technology the government is interested in, if we sat and waited for the government to get through their process to get together a contract, I figure it would take another decade at the rate they're moving now (and my husband was invited to read a paper at a DARPA conference about his technology -so they're "motivated").  I am very happy that they're not our only option.

Anusocracy's picture

Wow! Pile those confirmation biasing neocon lies high. Not quite high enough to hide the truth, though.


The key to a practical jet engine was the gas turbine, used to extract energy from the engine itself to drive the compressor. The gas turbine was not an idea developed in the 1930s: the patent for a stationary turbine was granted to John Barber in England in 1791. The first gas turbine to successfully run self-sustaining was built in 1903 by Norwegian engineer Ægidius Elling. Limitations in design and practical engineering and metallurgy prevented such engines reaching manufacture. The main problems were safety, reliability, weight and, especially, sustained operation.

In Hungary, Albert Fonó in 1915 devised a solution for increasing the range of artillery, comprising a gun-launched projectile which was to be united with a ramjet propulsion unit. This was to make it possible to obtain a long range with low initial muzzle velocities, allowing heavy shells to be fired from relatively lightweight guns. Fonó submitted his invention to the Austro-Hungarian Army but the proposal was rejected. In 1928 he applied for a German patent on aircraft powered by supersonic ramjets, and this was awarded in 1932.[3][4][5]

The first patent for using a gas turbine to power an aircraft was filed in 1921 by Frenchman Maxime Guillaume.[6] His engine was an axial-flow turbojet.

The Heinkel He 178 was the world's first aircraft to fly under turbojet power, and the first practical jet aircraft. It was a private venture by the German Heinkel company in accordance with director Ernst Heinkel's emphasis on developing technology for high-speed flight and first flew on 27 August 1939, piloted by Erich Warsitz. This had been preceded by a short hop three days earlier.

Hans Joachim Pabst von Ohain (December 14, 1911 – March 13, 1998) was a German engineer, one of the inventors of jet propulsion. His first design ran in March 1937, and it was one of his engines that powered the first all-jet aircraft, the prototype of the Heinkel He 178 in late August 1939. In spite of these early successes, other German designs quickly eclipsed von Ohain's, and none of his engine designs entered widespread production or operational use.

von Ohain independently developed the first jet engine during the same period that Frank Whittle was doing the same in the UK, and the two projects were often within weeks of meeting the same milestones. von Ohain's Heinkel HeS 1 ran only weeks before Whittle's WU, but did not run on its own power until six months later. von Ohain's design flew first in 1939, followed by Whittle's in 1941. Operational jet aircraft from both countries entered use only weeks apart. After the war the two men met, and became friends.


Joseph Carl Robnett Licklider (March 11, 1915 – June 26, 1990), known simply as J.C.R. or "Lick" was an American computer scientist, considered one of the most important figures in computer science and general computing history. He is particularly remembered for being one of the first to foresee modern-style interactive computing, and its application to all manner of activities; and also as an Internet pioneer, with an early vision of a world-wide computer network long before it was built. He did much to actually initiate all that through his funding of research which led to a great deal of it, including today's canonical graphical user interface, and the ARPANET, the direct predecessor to the Internet.


These 1939 developments sparked activity in many laboratories. Hahn and Strassman showed that fission not only released a lot of energy but that it also released additional neutrons which could cause fission in other uranium nuclei and possibly a self-sustaining chain reaction leading to an enormous release of energy. This suggestion was soon confirmed experimentally by Joliot and his co-workers in Paris, and Leo Szilard working with Fermi in New York.

Bohr soon proposed that fission was much more likely to occur in the uranium-235 isotope than in U-238 and that fission would occur more effectively with slow-moving neutrons than with fast neutrons, the latter point being confirmed by Szilard and Fermi, who proposed using a 'moderator' to slow down the emitted neutrons. Bohr and Wheeler extended these ideas into what became the classical analysis of the fission process, and their paper was published only two days before war broke out in 1939.


The design of GPS is based partly on similar ground-based radio-navigation systems, such as LORAN and the Decca Navigator developed in the early 1940s, and used during World War II. In 1956, Friedwardt Winterberg[3] proposed a test of general relativity (for time slowing in a strong gravitational field) using accurate atomic clocks placed in orbit inside artificial satellites. (To achieve accuracy requirements, GPS uses principles of general relativity to correct the satellites' atomic clocks.[4]) Additional inspiration for GPS came when the Soviet Union launched the first man-made satellite, Sputnik in 1957. Two American physicists, William Guier and George Weiffenbach, at Johns Hopkins's Applied Physics Laboratory (APL), decided on their own to monitor Sputnik's radio transmissions.[5] Within hours they realized that, because of the Doppler effect, they could pinpoint where the satellite was along its orbit from the Doppler shift. The Director of the APL gave them access to their UNIVAC to do the heavy calculations required. When they released the orbit of Sputnik to the media, the Russians were dumbfounded to learn how powerful American computers had become, as they would not have been able to calculate the orbit themselves. The following spring, Frank McClure, the deputy director of the APL, asked Guier and Weiffenbach to look at the inverse problem where you know the location of the satellite and you want to find your own location. (The Navy was developing the submarine-launched Polaris missile, which required them to know the submarine's location.) This led them and APL to develop the Transit system.[6]


The Long Island Motor Parkway, opened in 1908 as a private venture, was the world's first limited-access roadway. Germany began to build its famous Reichsautobahn controlled-access highway network (then referred to as a Dual Highway) following the First World War.


Jeeps? Who gives a f ck.


booboo's picture

Really? The military? bwaahahahahahaha
Einstein, Oppenheimer, Von Braun. The Government could not pour piss out of a boot if the instructions were on the fucking sole.
And where pray tell would they get the money if the private sector up and told them to fuck off?

Technical Bard's picture

Well - the development of the jet engine started in the 1930s in Britain.  Mr. Whipple I believe was his name.   Yes, military funds contributed to the development.

The Autobahnen in Germany predates Hitler.  It was planned and starte during the Weimar republic, but the project couldn't be funded and didn't have the political drive to be completed until the Third Reich took it over - and admittedly saw the military advantages of such a system.

booboo's picture

"Yes, military funds contributed to the development"

Who's funds? They only have what they are funded and the funders only have what they can steal and they can only steal from one source. Who might that be?

jez's picture

Frank Whittle (1907-96). Took out a patent on his turbojet design in January 1930, aged 22. Extraordinary chap:

jez's picture

Who's responsible for the teleprompter manufacturing industry, that's what I want to know.

Imminent Crucible's picture

"Jeep = Army"

Uh, no. Jeep = Convenient way to get out of U.S. and into Mexico without bothering about formal border crossings.  See "Lukeville, AZ, also known as Gringo Pass."

HardAssets's picture

Corporations just commercialize technology long after a technology has been invented. Even when military is not directly involved, they fund the phDs in universities (computer science departments are almost all DARPA funded) to train the researchers.


Aerospace Jet Engines = cold war

Internet = DARPA, navy submarines divisions.

Energy = Atomic bomb

GPS = from space race

interstate system = hitler's military

Humevee, Jeep, Hummer = Army


Adding to your list:

Trillions diverted into the military/industrial/intel  complex =

Bankrupted citizens +  domestic hi tech police state justified by 'foreign enemies' in the name of 'national security' + constant wars (w/ 'blowback') + the potential destruction of all humanity in some future nuclear/chemical/or biological world war

that is, - - - precious natural resources and human effort misdirected into 'kill-ogy" rather than 'livingy"  (the later being the ability to support X human beings for so many Y days into the future)

Government doesnt create, it consumes - - by forced robbing of resources from others ultimately at the point of a gun. What could have been done with all those trillions, with all that spent on ever 'obsolete' weapons systems, etc. ?

HoofHearted's picture

Did this speech end with "Sieg Heil"?

You didn't do it on your took government health care and Obamabucks. We've always been at war with Eurasia. Freedom is slavery.

Holy shit! If people don't see it now, they are never going to see it. Al Gore got it started, but now this guy is taking it one step beyond. 

Muppet of the Universe's picture

Fun with MADLIBS:

We should TOTALLY ______(insert verb) _____________(insert potentially hypothetical, random president), and _______(insert verb) him from a _____(insert noun).  B/c seeing him in the early morning light, swaying with the rising sun behind, fits all too well with the golden god image he portrays himself as.  But, let us not forget, that upon closer inspection, when the sun stands high in the sky, he'll be ________(insert adverb) like his soul.


Yea, beat that zerohedge.  didn't break any rules this time!  I just realized, this is totally going to become an abridgement of freedom of speech soon...  that blows.

Breaker's picture

Moussolin. lamppost. Make him lower his chin. I'm working on the riddle.

Atlas_shrugging's picture

"You’re not on your own, we’re in this together." (Yes, its your business and my gun in your back. What a team!)

derek_vineyard's picture

obama actually said that government research created the internet so everybody could make money off of it?  you have to be joking.  his speech writers cannot be that stupid.   the final presidental vote might be 2-0   obamas and romney the only fools voting (both for the man of color of course)

youngman's picture

"his speech writers cannot be that stupid. " but the people that vote for him are.....they believe this stuff

Omen IV's picture

do your homework - almost ALL technology today was a result of government sanctioned or paid for research and product development - look up AT&T / western electric-bell labs - just for one example of a monopoly granted in pursuit of federal government funding and objectives

InjuredThales's picture

Epic troll, or epic fool?

Hear that guys "ALL technology"!



This just in's picture

Can I buy gold with my EBT card?

tmosley's picture

Sure, you just have to filter it out of the Goldschlager.

Demonoid's picture

More like, an epic Poe.

Poe's Law holds that when considering a fervent statement of a religiously-held belief, it is pretty much impossible to judge whether the statement is real or a parody.

John_Coltrane's picture

By your "reasoning" the Swiss Patent office should get  the credit for Special and General Relativity, the photoelectric effect, and many significant ideas in quantum mechanics since Einstein worked there when he developed these critical ideals estimated to be responsible over 1/2 of world GDP.  All technology depends on scientific ideas and the scientific method, not the government or central authorities.  Your comment is nonsense, the individual is the engine which drives the world and always will be.  Einstein would have developed these ideas if he had worked as a garage collector because he was driven by curiosity.  The talentless "team" promoters are always trying to suck off those of competence and ability.  They promote teamwork, fairness and sharing to hide their lack of ability.  As we all know Obama has never had a real job in his life-community orginizers don't count!  His degree is in the law-the most parasitic of professions-creating nothing while sucking off the teat of the creators and producers. 

TheGardener's picture

Become a clerk, patent clerk all the better for the world!

Suck off ideas and get them patented! How pathetic!

Dr. Sandi's picture

Ideas yearn to be sucked off.

THey have different feelings about being patented, however.

Anusocracy's picture

All government does is take money from its rightful owners and squander it on things to protect or enlarge itself. Anything else is incidental.



NumberNone's picture

Fucking killing me with this lock step love-fest for what Obama said.  You do understand that government funding for most of the things cited were funded so that we can fight wars better??  So I'm guessing that the Obama base is now 100% behind the Military Industrial Complex?  Big up arrow for missiles, bomb, tanks, drones and fighter jets?

If you are against this, maybe Obama can fund some 'good' industries.  Maybe he should get into funding other businesses like solar energ...oh never mind.