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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

 


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Sun, 07/15/2012 - 21:04 | Link to Comment Mentaliusanything
Mentaliusanything's picture

Pods - Answer me this... can there be ignition without Acetylene. if so, does it exist outside our atmosphere ie on the moon or in space, if not, how could ignition take place. Thus endith the lesson in applied Science

Mon, 07/16/2012 - 05:12 | Link to Comment Oh regional Indian
Oh regional Indian's picture

+1/6th Gravity mumbo jumbo too.

You're welcome Pods.

And to all the other deluded folk here, furiously down-arrowing.... just think, do some research.

It's a good place to be, where you can tell truth from lies. Check out the link above. It's hours and hours worth of top-notch research.

ori

Mon, 07/16/2012 - 10:18 | Link to Comment pods
pods's picture

For ignition you would need a fuel source and an oxygen source (and an ignition source).

Does not matter where you are if you have those two.

The Lunar dune buggy was battery powered, from what I have read.  If that is what you were getting at.

If you are speaking of how the lunar module got back off the moon without any type of blast below it the answer is simple.

Magic.

Sun, 07/15/2012 - 21:26 | Link to Comment Mentaliusanything
Mentaliusanything's picture

Oh dear they can't seem to get anything right. That image of the reflector shown on that site (proving that it exists) shows clearly some footprints going to and turning to the reflector but no retrace (none leaving) also the spacings of the prints show that the steps furtherest away from the reflector have no continuation of gate That is, there is no print preceding the first (bottom) footprint shown where it would be expected of a human footprint. That was one giant step for man whos gate is surprisingly accurate or "consistant" over distance.

Sun, 07/15/2012 - 13:55 | Link to Comment Debt-Is-Not-Money
Debt-Is-Not-Money's picture

"For the record, I have researched this, and there ain't no fucking way we could have gotten there and back in the 60's."

Correct.

Can anyone explain just how the Moonies got through the Van Allen radiation belt? I remember early in the days of the shuttle they tried to reach higher orbit and when they got about 250 miles up their eyebrows began glowing green and they quickly reduced altitude on an emergency basis! They never tried higher orbit again.

Sun, 07/15/2012 - 14:28 | Link to Comment Everybodys All ...
Everybodys All American's picture

your ignorance should not be discounted.

Sun, 07/15/2012 - 15:45 | Link to Comment XenoFrog
XenoFrog's picture

Easily explained by how quickly they passed through it. Living cells are actually more capable of repairing the damage caused by radiation than the anti-nuclear crowd would like you to think.

Sun, 07/15/2012 - 18:01 | Link to Comment Debt-Is-Not-Money
Debt-Is-Not-Money's picture

Then why did they panic in the shuttle???

Sun, 07/15/2012 - 14:52 | Link to Comment BraveSirRobin
BraveSirRobin's picture

pods, if only you knew the real story. I've been living on the moon for nigh 7 years now, and the golf is incredible. Virgin Atlantic has weekly flights. And though he is starting to show his age a little (less gravity means slower aging), I still like going to see Elvis perfrom live every Wednesday night at D. B. Cooper's Bar, Grill, Casino and Massage Parlor.

Sun, 07/15/2012 - 15:33 | Link to Comment JoBob
JoBob's picture

Pods, you can't argue facts with drunks or idiots, so I have nothing to say.

Sun, 07/15/2012 - 15:41 | Link to Comment fnordfnordfnord
fnordfnordfnord's picture

They left some mirrors on the moon.

http://physics.nist.gov/News/Update/940718.html

Sun, 07/15/2012 - 17:34 | Link to Comment TruthInSunshine
TruthInSunshine's picture

BraveSirRobin, if you like the golf, you're gonna love the cheese. There's a little cafe on the corner of Dark Side & Light Side Avenues, and it's called Le Fromages Du Bouclier-Rouge.

Order from sampler platter called "Conscience d'un libéral doctorat Nobel Laureate Agitateur Alien."

C'est maginificent et extraordinaire.

Sun, 07/15/2012 - 19:06 | Link to Comment Dooud
Dooud's picture

True and I have personally bounced a laser beam off of them.

Sun, 07/15/2012 - 21:10 | Link to Comment pods
pods's picture

Oh yeah, they did.  That 3' cube that they "hit" with a laser that is almost 7 km wide by the time it gets there.

From Wiki:

"The first successful tests were carried out in 1962 when a team from the Massachusetts Institute of Technology succeeded in observing reflected laser pulses using a laser with a millisecond pulse length.

They have been, and are, merely bouncing the laser off of the surface of the moon.  Not off of some silly cube.  Even the plots of the returns show the data over several minutes.  Anyone who knows anything about reflection knows that the angle of incidence equals the angle of reflection. So with a stationary reflector, you would have to move either the laser source, or our return collector.  I am not going to calculate the distances required to move either of those based on the rotation of both celestial bodies frankly because I am not getting paid, and this whole argument falls under the category of belief.

How is it that laser rangefinders work here on earth when no "reflector" is placed on the golf pin, deer or brown skinned man's Toyota Landcruiser?

Believe what you want though, in the big scheme of things it matters not.
I would rather you study the origins of our money supply.

pods 

Mon, 07/16/2012 - 10:59 | Link to Comment HardAssets
HardAssets's picture

I find it tough enough to get people to wrap their heads around the way that money/banking and the Federal Reserve works.  - - - "You mean they create money out of thin air when the bank loans me money ? Nawww . . .  "  - - - I havent looked all that deeply into the moon thing. (And all the best to those that investigate this.) - - - Today it seems that Every Freakin' Thing is a fraud. But with limited time and energy, I have to pick my battles and arguments used to try to 'wake people up'.

Sun, 07/15/2012 - 13:06 | Link to Comment risk-reward
risk-reward's picture

ORI...I am disappointed in you if you REALLY believe that.  Do you?  REALLY?

Sun, 07/15/2012 - 13:32 | Link to Comment bankruptcylawyer
bankruptcylawyer's picture

you've been commenting on these boards for years. and for years you've continuously proved what a moron you are.

Sun, 07/15/2012 - 14:02 | Link to Comment LULZBank
LULZBank's picture

You dont know what youare talking about man. Americans, till to this day, have not been able to land a rocket like craft vertically on Earth, but they managed to do it, right the first time on Moon. Thats the American genius!

Taking off from Earth, the need the props and carriers and 3 stage booster rockets to cover the distance but they they could take off from the moon without all that, and even save some fuel on the return journey.

I guess that was because Moon is up and Earth is down and coming down from the Moon, you just have to tilt and roll over and fall nicely on Earth. Thats so amazing, only the Americans could figure this out!

Sun, 07/15/2012 - 14:14 | Link to Comment cbxer55
cbxer55's picture

I guess you forgot, or did not know, that the moon has WAY less gravity (83.3% less) than the same on Earth? Therefore landing a craft vertically is easier, as it getting back off of the place.

http://www.moonconnection.com/moon_gravity.phtml

Sun, 07/15/2012 - 14:47 | Link to Comment LULZBank
LULZBank's picture

And if there was NO gravity, then the motion would be a whole lot easier? Including landing and balancing aircrafts?

You can say what you want but Americans (or anybody else) would not be landing again on Moon anytime in future. They will just be jerking off, probing Mars and Pluto's ass, but no more manned missions on other planets.

Now the world is interconnected and has fast flow of information. They could pull off moon landings, like Gold confiscation, only in a US Citizen ONLY environment.

Sun, 07/15/2012 - 15:43 | Link to Comment akak
akak's picture

Why do I keep hearing echoes of the insanitation and offuscating blobbing-uppityness of AnAnonymous in almost all of your posts?

Sun, 07/15/2012 - 14:52 | Link to Comment Laretes
Laretes's picture

There are for sure a lot of conspiracy theorists and extremists on ZH, but your post beats them all... please tell me that you have not fathered any children to spoil the gene pool with your idiocy genes, please....

Sun, 07/15/2012 - 15:00 | Link to Comment LULZBank
LULZBank's picture

Please... You didnt answer my question. Lack of gravity or less gravity will make motion more stable?

Like any fucking ignorant arsehole, just swing insults and hide behind the MSM stories without giving any counter argument.

Sun, 07/15/2012 - 15:54 | Link to Comment XenoFrog
XenoFrog's picture

Stop reading moon conspiracy websites.

Sun, 07/15/2012 - 21:12 | Link to Comment pods
pods's picture

He is actually correct. The total force needed to slow down the approaching craft would be less, but their problem was not of overcoming the force, but one of balance.

pods

Mon, 07/16/2012 - 04:08 | Link to Comment LULZBank
LULZBank's picture

Apparently, you also need to stop reading the moon landing conspiracy websites :)

Flight on Earth, with its given atmospheric pressure and gravity, took years of research and trials to perfect, but they managed to do it right, the first time on Moon, with its given atmosphere and gravity... LULZ

Mon, 07/16/2012 - 06:40 | Link to Comment Ghordius
Ghordius's picture

LULZ, the way I understand it is the near-absolute lack of atmosphere that makes landing on the Moon easier to control. The theory behind the Apollo mission envisioned a very small moon landing vehicle landing (or "mooning";-), then restarting even smaller to join shortly the orbiting main capsule, which is the vehicle with the fuel to return to Earth. btw, I have to admit I never read moon landing conspiracy websites...

Sun, 07/15/2012 - 15:48 | Link to Comment JawsMusic
JawsMusic's picture

>You dont know what youare talking about man. Americans, till to this day, have not been able to land a rocket like craft vertically on Earth,

Ok here is a video of a rocket taking off and landing vertically built by some guy and his son in their garage.

http://www.youtube.com/watch?v=8UJDxp2gv3o&feature=g-upl

If a guy can do it in his garage, I think the gov with the big aerosapce contractors probably could as well...

Sun, 07/15/2012 - 16:12 | Link to Comment Temporalist
Temporalist's picture

This one is better I think...maybe not garage made:

http://www.youtube.com/watch?NR=1&feature=endscreen&v=qRFsGhti_D8

Sun, 07/15/2012 - 16:20 | Link to Comment Vesuvius
Vesuvius's picture

Nice clip! Thank God some persons make sense here, otherwise I'd feel like I'm in conspiracy la-la land.

Mon, 07/16/2012 - 06:19 | Link to Comment LULZBank
LULZBank's picture

You seem hurt. Go back to sleep. Your guv has everything under control and is looking after you.

Mon, 07/16/2012 - 06:03 | Link to Comment LULZBank
LULZBank's picture

If a guy can do it in his garage, I think the gov with the big aerosapce contractors probably could as well...

-------------------------------------------------------------

Yeah, dont worry. The same gov with the big economists and financial contractors will fix the economy too!! LULZ

Sun, 07/15/2012 - 15:49 | Link to Comment fnordfnordfnord
fnordfnordfnord's picture

X-Prize Lunar Lander challenge. Northrup Grumman,  Armadillo Aerospace, and several others have done it, and it is significantly more difficult on Earth due to the weight of the craft due to the extra fuel needed.

 www.youtube.com/watch?v=InXn2kfARR0

Sun, 07/15/2012 - 16:17 | Link to Comment Temporalist
Temporalist's picture

It's more difficult on Earth as well because there is an atmosphere, wind, weather, thermal currents...

 

Maybe Buzz Aldrin should go around punching more people:

http://youtu.be/UUFO8AGMwic?t=1m22s

Sun, 07/15/2012 - 16:26 | Link to Comment Vesuvius
Vesuvius's picture

! The man who walked on the moon felt real! lol.

Mon, 07/16/2012 - 06:21 | Link to Comment LULZBank
LULZBank's picture

True.

NASA did a lot of test flights and landings over the Moon before sending in the first manned mission.

Mon, 07/16/2012 - 10:23 | Link to Comment pods
pods's picture

I would say that what you just wrote was one of the best illustrations of sarcasm that I have ever read.

Bravo!

Wed, 07/18/2012 - 00:07 | Link to Comment Oh regional Indian
Oh regional Indian's picture

Heartily Seconded. That selective'ly impressionable moon dust is also something eh? Feet make prints, but a whole Lunar Dune Buggy that packed into a 3x3x3 box left none.

Oh wait, no gravity. That's why. 

Oh and one more thing, you cannot see any stars from the moon, how sad eh, pods?

ori

Sun, 07/15/2012 - 15:53 | Link to Comment XenoFrog
XenoFrog's picture

Look up VTOL Technology, then never post again.

Mon, 07/16/2012 - 06:22 | Link to Comment LULZBank
LULZBank's picture

Ofcourse!

They managed to do all that 40+ years later in garages and prototypes.

Wake me up when they have a functional, load and passenger carrying version and make another trip to the moon and I'll stop posting.

BTW.. my paper boat floated just fine with my little Mr Lego in my bath tub.. Cant understand why it sank in the river!! LULZ

Sun, 07/15/2012 - 14:00 | Link to Comment monoloco
monoloco's picture

Fuck the moon, I still haven't seen any definative proof that the earth isn't flat.

Sun, 07/15/2012 - 15:54 | Link to Comment akak
akak's picture

May I presume from that statement that you are a deflationist?

Sun, 07/15/2012 - 18:52 | Link to Comment Dr. Sandi
Dr. Sandi's picture

Earth used to be a sphere. Now it's flat because we took all the stuff out of its insides.

Sun, 07/15/2012 - 14:21 | Link to Comment G-R-U-N-T
G-R-U-N-T's picture

 

"Fascism and communism are not two opposites, but two rival gangs fighting over the same territory . . . both are variants of statism, based on the collectivist principle that man is the rightless slave of the state."

-Ayn Rand

Obama and his looting the productive masses zombified, liquified brain mass drones, can stick their Collectivist parasitic souls up their ass. 

Now get off your lazy ars, be productive, and quit trying to con the productive out of their hard earned wealth!

 

Sun, 07/15/2012 - 20:02 | Link to Comment ejmoosa
ejmoosa's picture

There was a time when playing the board game Risk, we would change the rules after we eliminated a few players.  Those out of the game said we could not do that.  We laughed and said "You do not exist any longer".

 

The Fascists, Communists and even the Socialists will work together until the rest of us are eliminated.

 

Then, they will sort out their differences.

 

Until then, we, the producers, are the common enemy.

Sun, 07/15/2012 - 20:45 | Link to Comment G-R-U-N-T
G-R-U-N-T's picture

Indeed ej, however without us they wouldn't be able to cloth, feed, or give themselves shelter. These are empty shells, whom are terrified of physical reality, not having the capacity to make an honest, productive living. They live lie's because there is no truth in them having the inability to recognize the truth. In the end they will destroy themselves together with those naive and ignorant souls whom they successfully conned.

Sun, 07/15/2012 - 15:50 | Link to Comment Vesuvius
Vesuvius's picture

This is not a scientific forum so I guess I should expect that some finance persons have no clue about science.  I don't think any amount of evidence will make some unscientifically inclined people believe that people walked on the Moon.  They're stuck in Piaget's concrete operational stage of development with respect to science.  It's kind of sad and makes me wonder how good this forum is even for finance.  I do think that people who are ignorant in one field may make a lot of sense in some other field that they are knowledgeable about, hopefully it's true for money and finance here.  

 

Sun, 07/15/2012 - 16:11 | Link to Comment sgt_doom
sgt_doom's picture

"The Internet didn’t get invented on its own."

Well, scientifically speaking, if the Kennedy administration didn't have the brilliant wherewithal to appoint JCR Licklider to the Pentagon, to most intelligently direct funding to the most technically astute types like Vint Cerf, Kahn, Postel, Baran, Englehardt, etc., et al., then the Internet would likely have taken a bit longer, if it ever came into existence, and since the Kennedy administration also instituted the largest R&D program, NASA and the moon project, which instigated the development of such components, that take together with the prior existence of the Internet, allowed for Berners-Lee to create the Web (or at least coordinate in its creation, should anyone want to argue that point?).

Definitely, you need progressive politicians in positions to direct progress rightly.

Things dramatically changed one day when David Rockefeller picked up that telephone to make the call to set in motion the murder of President Kennedy.

Want to blame anti-progess and clusterf**kups on anyone, look to David Rockefeller!

Sun, 07/15/2012 - 18:54 | Link to Comment Dr. Sandi
Dr. Sandi's picture

Oh yeah?

Well I have definitive proof that the Internet was never invented. It's a big lie, just like the lunar landings. It's just too huge and too impossible for mere monkeys to have ever made it work.

Mon, 07/16/2012 - 11:45 | Link to Comment HardAssets
HardAssets's picture

Vesuvius - - I would hope that you'd sift through opinions here on money, finance, & economics - -  as prudently as you would statements made about science on other forums. There's a wide range of broad & specialized knowledge, experience, and logic here. And, there's also a wide range of idiocy.

As in science - - - where one might be a biologist specializing in frogs, but shouldn't make definitive comments about meterology, the same goes here. And sometimes the 'frog biologists' may even go on-and-on about the euro and whether the derivatives mess will all come crashing down with the collapse of the European Union.  Skepticism is called for IMO. (Adjust the terms as appropriate.)

Today's education is inadequate. Critical thinking skills including evidence/grammar, logic, and rhetoric arent taught in the public schools (nor in many private ones). Some critical thinking skills are taught in some fields - including science & engineering - but on a very limited specialized (almost vocational) basis.  Thus, you can find scientists who think rationally on the job, but accept the most outrageous political or economic comments from politicians who strike an emotional chord with them, on blind faith. Just like with non technically trained citizens.    Bottomline:  'buyer' beware

Sun, 07/15/2012 - 16:28 | Link to Comment palmereldritch
palmereldritch's picture

And MAN HAS NOT STEPPED ON THE MOON!

Sorry ORI but that take smells of exaggerated disinfo.  It's enticing but if you bite and ingest it your perspective and credibility are immediately poisoned courtesy of the pseudo-science of moon landing skepticism, it is offered up so they can hide behind its smoke for bigger lies...kinda like UFOs are piloted by aliens from another world.  Are UFOS real?  Much evidence to suggest there's something going on but not necessarily the narrative directed and fostered by those possibly in charge of the technology.

The key is trying to discern which illusion is real.

http://www.youtube.com/watch?v=1bk8PWOpVes

 

Sun, 07/15/2012 - 16:40 | Link to Comment Vesuvius
Vesuvius's picture

Nice video. I'm glad there are many more sane persons here than lala land people! It makes me feel better about reading these comments and maybe taking financial advice.

Sun, 07/15/2012 - 12:51 | Link to Comment francis_sawyer
francis_sawyer's picture

Obama's in my business... He's in my buisness...

~~~

http://www.youtube.com/watch?v=dDmVFvGvOeE

Sun, 07/15/2012 - 12:55 | Link to Comment TruthInSunshine
Sun, 07/15/2012 - 21:26 | Link to Comment ToNYC
ToNYC's picture

If it weren't for risk capital, the pay check-no-matter-what crowd, would have nothing to do but continue waiting for the wet Government spark. Government can create incentives and the math makes it happen, the bad stuff is a direct product of mal-incentives. Incentive Management should be Cabinet-level position; Transparency keeps it real.

Sun, 07/15/2012 - 12:20 | Link to Comment FEDbuster
FEDbuster's picture

It takes a village of idiots to raise an idiot to the level of POTUS.  We have passed the tipping point, time for the producers to go on strike.

Sun, 07/15/2012 - 12:55 | Link to Comment Kayman
Kayman's picture

I guess I can just sit back and watch my business operate on its own, since Big Brother has everything covered.

"There's those that make it happen, those that watch it happen, and those that wonder what happened. Obama barely squeezes into the last camp."

  What a pathetic idiot.

Sun, 07/15/2012 - 13:08 | Link to Comment covsire
covsire's picture

He's amazing at pandering to his base.  Though his base is too stupid to realize he's screwing them the most as their quality of life will undoubtedly decline.  Then the next batch of commie leftists will be misdirected and lied to so they blame anyone but their own leaders and the farce will continue like it has since at least FDR.

Sun, 07/15/2012 - 14:08 | Link to Comment blunderdog
blunderdog's picture

Damn!  That started off so well!

   He's amazing at pandering to his base.  Though his base is too stupid to realize he's screwing them the most as their quality of life will undoubtedly decline.

Fuckin' A right!  Same as the last guy who stood up there!

   Then the next batch of commie leftists...

Aw, shit.

Sun, 07/15/2012 - 16:25 | Link to Comment covsire
covsire's picture

That's who his base is.  They don't know it, but they are buying into communist propaganda hook line and sinker.  Just because they don't walk around with a "Hi I'm Communist Dave" doesn't mean we can't call a spade a spade.

Sun, 07/15/2012 - 15:59 | Link to Comment fnordfnordfnord
fnordfnordfnord's picture

There's his base, and then there's those of us considering the greater douchebag theory. Right now, it still looks to me like Mittens is the bigger douchebag by miles. Not that it matters, I live in a (solidly) red state.

Sun, 07/15/2012 - 21:33 | Link to Comment ToNYC
ToNYC's picture

He got them believing that eliminating the payroll tax has no important consequences that are mathematically-determinable, BUT that critically important Certainty, is nowhere mentioned, not even in small type. It went down the Osama-is-recently-dead hole is my guess.

Sun, 07/15/2012 - 15:29 | Link to Comment madmax1965
madmax1965's picture

Yeah, me too!  I think I will take the rest of the summer off!  We all know how well the gubermint runs things!

Somewhere in Kenya a village is missing it's IDIOT!

Sun, 07/15/2012 - 15:57 | Link to Comment NumberNone
NumberNone's picture

All the people on public assistance thank the President for assuring them that they are just as good as the wealthy and the so-called 'producers'.  They have nothing to be ashamed of because everyone sucks from the government teat.  Shame on anyone for feeling any sense of accomplishment because in the end no matter how much money they have they got it thanks to the government and they are no better than the welfare queens.   

I'm sorry was that Chavez, Castro, or Obama that made this statement?

 

Sun, 07/15/2012 - 18:56 | Link to Comment Dr. Sandi
Dr. Sandi's picture

 

Somewhere in Kenya a village is missing it's IDIOT!

But at least that village in Texas got theirs back. Symmetry is what keeps the world spinning.

Sun, 07/15/2012 - 13:57 | Link to Comment BlackHorsewithScales
BlackHorsewithScales's picture

All hail the Village Idiot of Chicago (VIC)!  

Sun, 07/15/2012 - 18:46 | Link to Comment El Tuco
El Tuco's picture

For the longest time I thought POTUS stood for Piece of Total Utter Shit.

Sun, 07/15/2012 - 12:27 | Link to Comment spinone
spinone's picture

You can tell Al Gore invented the Internet, because its full of AlGoreithms.

Sun, 07/15/2012 - 13:13 | Link to Comment silvertrain
silvertrain's picture

didnt gore also invent the oldsmobile? that dude is smart I tell ya..

Sun, 07/15/2012 - 15:08 | Link to Comment Chuck Norris
Chuck Norris's picture

Al Gore didn't invent the internet.

 

But he did make up Global Warming.

Sun, 07/15/2012 - 17:39 | Link to Comment Yellowhoard
Yellowhoard's picture

And, Al Gore was the first prominent Climatologist to announce that the Earth is over 1 million degrees hot just beneath the surface.

http://m.youtube.com/results?q=al%20gore%20millions%20of%20degrees

Sun, 07/15/2012 - 23:03 | Link to Comment PD Quig
PD Quig's picture

"look, if you’ve been successful, you didn’t get there on your own."

For instance, it took 69 million fucking dipshit morons to make you president. You didn't get there on your own.

Sun, 07/15/2012 - 11:55 | Link to Comment Comay Mierda
Comay Mierda's picture

Who is John Galt ?

He's the guy in FEMA Camp #6, solitary confinement

Sun, 07/15/2012 - 12:20 | Link to Comment JPM Hater001
JPM Hater001's picture

No. They moved him last night into double triple secret probationary confinement next to me...

Sun, 07/15/2012 - 12:38 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

Dagney and the boys from the Gulch are gonna bust him out. It's a cooperative effort but it's a voluntary cooperative effort.

 

"I swear by my life, and my love of it, that I will never live for the sake of another man, nor ask another man to live for mine."

Sun, 07/15/2012 - 15:40 | Link to Comment JoBob
JoBob's picture

We have guns. Guns are for rescuing people like Galt. I think it's time.

Sun, 07/15/2012 - 16:19 | Link to Comment canardo
canardo's picture

They have drones

Sun, 07/15/2012 - 18:58 | Link to Comment Dr. Sandi
Dr. Sandi's picture

I have seen the drones and they are us.

BTW, Resistance is Futile!

Mon, 07/16/2012 - 22:39 | Link to Comment Race Car Driver
Race Car Driver's picture

I have tasted the maggots in the mind of the drones. I was deeply offended.

Sun, 07/15/2012 - 11:54 | Link to Comment Silver Bug
Silver Bug's picture

This is an absolutely disgusting statement.

 

http://ericsprott.blogspot.ca/

Sun, 07/15/2012 - 12:05 | Link to Comment veyron
veyron's picture

Sprott recently TVIX'd customers of the silver trust

Sun, 07/15/2012 - 12:08 | Link to Comment TN Jed
TN Jed's picture

"Disgusting" is your collection of blogs which attempts to monetize the words of others.  Phony.

Sun, 07/15/2012 - 12:04 | Link to Comment Capitalist
Capitalist's picture

Obama is trying to pass his new Directive 10-289 laws. 

Sun, 07/15/2012 - 13:24 | Link to Comment bobnoxy
bobnoxy's picture

Let me guess. A fictional character in a mindless diatribe stretched into book length, espousing a theory that has never worked in the real world?That John Gault?

Sun, 07/15/2012 - 15:44 | Link to Comment JoBob
JoBob's picture

Fess up, Bob. You never read it, did you?

Sun, 07/15/2012 - 13:26 | Link to Comment MolotovCockhead
MolotovCockhead's picture

Fuck Obama!!! That low life copy the speech from Elisabeth Warren!!

Sun, 07/15/2012 - 17:14 | Link to Comment Ayn NY
Ayn NY's picture

And it worked so well for her...

Sun, 07/15/2012 - 13:44 | Link to Comment PC Load Letter
PC Load Letter's picture

Man, we are in deep shit. How the hell did we end up with Obama and Romney as our two "choices?" The fact Obama actually said these things is beyond scary - and chances are he will win the selection/election

Sun, 07/15/2012 - 14:40 | Link to Comment F. Bastiat
F. Bastiat's picture

Who is Bill Ayers?

Sun, 07/15/2012 - 14:46 | Link to Comment whoisjohngalt11
whoisjohngalt11's picture

did some one call ?:-)

Sun, 07/15/2012 - 15:29 | Link to Comment Mad Mad Woman
Mad Mad Woman's picture

He is a fictional character in  Ayn Rand's book, Atlas Shrugged.  

Sun, 07/15/2012 - 15:50 | Link to Comment Winston Churchill
Winston Churchill's picture

Go back to sleep.

Will wake you if something even more REALLY important happens.

Sun, 07/15/2012 - 16:03 | Link to Comment sgt_doom
sgt_doom's picture

"Who is John Galt?"

I believe he's that guy hiding up Sarah Palin's butt!

Sun, 07/15/2012 - 16:29 | Link to Comment AAA21
AAA21's picture

Spoken like a true Socialist Scum Bag!  This guy is a very, very, very dangerous individual!

Sun, 07/15/2012 - 17:48 | Link to Comment Jim in MN
Jim in MN's picture

(Rand being just as pointless a distraction/cover as anything the President ever said)

Sun, 07/15/2012 - 19:40 | Link to Comment Jeffersonian
Jeffersonian's picture

John Galt didn't build the Egyptian pyramids or Euro cathedrals.

Sun, 07/15/2012 - 20:38 | Link to Comment ToNYC
ToNYC's picture

We didn't wash my car; if it was our car, it might be washed tomorrow by the other guy, who is neither is of my entitled children.

Sun, 07/15/2012 - 11:46 | Link to Comment Mongo
Mongo's picture

The age of the middle class is over... the time of the oligarchs have come

Sun, 07/15/2012 - 12:00 | Link to Comment Colonial Intent
Colonial Intent's picture

lowest tax rate on the top 10% in 80 years!

There's your problem right there.

Sun, 07/15/2012 - 12:16 | Link to Comment Comay Mierda
Comay Mierda's picture

tax rate doesnt matter

its the total tax paid as a % of income that matters

and that % is the highest in history thanks to dollar devaluation pushing nominal income higher into the "lower" tax rates

Sun, 07/15/2012 - 12:30 | Link to Comment TheSilverJournal
TheSilverJournal's picture

Not to mention the inflation tax, which is the most destructive and deceptive form of taxation and wealth distribution of them all. While the inflation tax does harm the rich the least because they can buy assets to protect themselves from inflation, it also forces the rich to pay a lot of additional taxes on the sale of assets that inflation has pushed prices higher, but without all of the money printing, borrowing, and ridiculously low rates, those asset prices would not have appreciated as much.

Sun, 07/15/2012 - 14:16 | Link to Comment blunderdog
blunderdog's picture

    its the total tax paid as a % of income that matters

Well if you care about that, it IS highest for all the working class and schlubs making from $20K to $20 million a year.  Once you start making real money, total tax paid as percentage of income drops off the scale.  That's the finish line, and there can only be a few thousand winners.

Best of luck.

Sun, 07/15/2012 - 12:18 | Link to Comment nmewn
nmewn's picture

Do you even know where that top 10% begins?

Sun, 07/15/2012 - 12:33 | Link to Comment Colonial Intent
Colonial Intent's picture

Yeah it begins with the people who have stolen natural wealth and transferred most of it to the top 10% of the population, and thats what screwed capitalism, capitalism is just like communism, it sounds great on paper but the minute you introduce humans into the system it becomes terminally corrupted.

Not saying i got an answer to the current problem, just saying what i think caused it.

If i was a capitalist/communist i would be ensuring the flock is fleeced just the right amount, not too much and not too little, the best parasite is one which the host is unaware of.

Sun, 07/15/2012 - 12:45 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

 

 

it sounds great on paper but the minute you introduce humans into the system it becomes terminally corrupted.

 

No. Ayn Rand said that what you are suggesting is a secular version of Original Sin. The bureaucrats have taught you that you are flawed and only by harkening to their wise and special voices can you ever lift your head up out of the dirt. That's how the sociopaths take charge, not by offering a good product or service at a reasonable price.

Sun, 07/15/2012 - 12:52 | Link to Comment Colonial Intent
Colonial Intent's picture

I stopped listening to all my voices long ago, even the special ones.

I got a form that says i'm sane, they gave it me when they let me out......

Sun, 07/15/2012 - 12:57 | Link to Comment TheSilverJournal
TheSilverJournal's picture

Producing and trading for what you have produced isn't a parasitic action. What's parasitic is not producing and leaching off of others that produce.

Sun, 07/15/2012 - 13:43 | Link to Comment Colonial Intent
Colonial Intent's picture

Also ayn rand is not jesus, cant stress that point enough.

 

Sun, 07/15/2012 - 13:57 | Link to Comment Mudduckk
Mudduckk's picture

You, like Pilate, wouldn't know Jesus if Ayn Rand bitch slapped you in the face.

Sun, 07/15/2012 - 14:17 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

 

Also ayn rand is not jesus, cant stress that point enough.

 

Do you often take time to point out errors which no one present has made? Do you find this to be an effective strategy for changing the subject when your ability to argue rationally has played out?

Sun, 07/15/2012 - 14:09 | Link to Comment Moe Howard
Moe Howard's picture

Jesus, Jesus wasn't even Jesus, for Christ's Sake!

 

 

 

Who is Ron Paul? 2012

Sun, 07/15/2012 - 19:02 | Link to Comment Dr. Sandi
Dr. Sandi's picture

Ayn Rand was a fairly successful TV writer. Here on the Weekend Edition of ZeroHedge, that makes her a saint.

Sun, 07/15/2012 - 12:47 | Link to Comment financial apoca...
financial apocalyptic contagion's picture

you'ze a dumb motherfucker colonial bitch go to sleep

Sun, 07/15/2012 - 12:56 | Link to Comment Colonial Intent
Colonial Intent's picture

Arent you guys the "colonial bitches" on this occasion?

Any more of that talk and ill send dem redcoats over.......

Funny story, UK MOD actually gamed out a 2020 naval conflict scenario in the late nineties, only twist was that the Opfor was USA!

(it was quietly shelved)

 

Sun, 07/15/2012 - 14:12 | Link to Comment Moe Howard
Moe Howard's picture

Based on continuing the trend since WWII, was the UK MOD Navy two rowboats and a rented sloop for the 2020 naval conflict scenario? Or did they rent a navy from Argentina?

Sun, 07/15/2012 - 12:47 | Link to Comment TheSilverJournal
TheSilverJournal's picture

Giving the government more money only hurts the economy. After all, the government gets its money by first taking it out of the economy.

Sun, 07/15/2012 - 12:59 | Link to Comment Mactheknife
Mactheknife's picture

You could take every penny the top 10% has and it wouldn't even fill THIS YEAR's buget deficit.  We don't have a tax problem we have a SPENDING problem. PERIOD!

Sun, 07/15/2012 - 13:07 | Link to Comment Kayman
Kayman's picture

 the best parasite is one which the host is unaware of.

The Fed has a bloated $3 Trillion balance sheet, the Federal deficit is 8% of GDP against growth of 2%, which includes inflation and government as production.

So if the Host is unaware of the Parasite(s), he soon will be out of blood, and awareness will be superceded.

Sun, 07/15/2012 - 13:13 | Link to Comment nmewn
nmewn's picture

"Yeah it begins with the people who have stolen natural wealth and transferred most of it to the top 10% of the population..."

The top 10% of wage earners begins around 100k my man. You're being lied to.

http://www.bankrate.com/finance/taxes/top-1-percent-earn.aspx

Sun, 07/15/2012 - 13:54 | Link to Comment Umh
Umh's picture

Took the time to read the link. Those dollar amounts are per tax return. Comparing a single person with a family of 4 and calling them equally rich is good for a laugh. So a 2 income family with children who make $114,000 is in the top 10% using those numbers.

Sun, 07/15/2012 - 15:23 | Link to Comment nmewn
nmewn's picture

Thats the way this progressive tax system is set up, two married people making 60k each, filing jointly, is in the top 10% of wage earners...which is what he was belly aching about..."the evil ten percent" or some such nonsense.

In his indoctrinated mind ten percent must mean something...I have no idea what.

Mon, 07/16/2012 - 12:57 | Link to Comment HardAssets
HardAssets's picture

Colonial Intent - - the problem with your statements and why you get so many down votes is for several reasons IMO. First of all, we don't have true free market capitalism today. There's crony 'capitalism' which is nothing but insiders using politicians to rig the game at the expense of everyone else. Secondly, you mention the 'top 10%'. Most people in that group aren't those who control and rig the system - - the oligarchs. These oligarchs probably only number a few thousand people on the planet. And the top of the heap are billionaires (and some claim there are trillionaires) who pay little or no taxes at all. They use overseas tax shelters, tax exempt foundations and other mechanisms to maintain their wealth & power.  - - There are many people who have lived relatively prosperous upper middle class lives up to this time, who are as disgusted with the oligarchs as you appear to be. But those same people (many in the top 10%, but not the top 1/100 of 1%) - - grow wary at statements like yours. In the past, the oligarchs have used 'class warfare' as a means to divide & conquer people. They have the means, through the control of the media, to do this. If fooled in this way, people can end up attacking their natural common allies in the war of ideas, rather than their true common enemies.

The oligarchs can then safely observe from safe havens offshore, and laugh while people destroy each other. This we must not do.  The result will be a society consisting  of only three groups - 'Lords', poorly paid parasite enforcers, and a vast majority of serfs living in proverty and oppression.  - - -

Sun, 07/15/2012 - 12:36 | Link to Comment Libertarian777
Libertarian777's picture

sure... in 80 years...

people like you will look at the sole federal tax rate and proclaim proudly that tax rates are the lowest ever!

80 years ago we didn't pay:

6.2% social security tax

4.2% medicare tax

1.45% my employer picks up for me

= 11.85% more

now add to that

california state tax of about 9%

california sales taxes for 7-9%

~28% tax over and above your so-called 'lowest tax rate in 80 years'.

so 28% + say average federal rate of 28% and i'm at 56% in taxes.

Add property tax to that (1% of the property... and please note the property is worth more than your gross income so equivalently its about another 3-4%) and i'm at 60% total AVERAGE tax rate.

So don't look at the highest marginal rates from 60 years ago and proudly proclaim because the top marginal rate is < 90% that rates are lower now. Get a fucking clue please.

And for a full accounting of your taxes you need to add

  • gasoline tax
  • car registration taxes
  • any tolls you pay when you drive (road tax)
  • smog check for your vehicle
  • recycling fee taxes for any bottle / drink you buy

 

Sun, 07/15/2012 - 12:43 | Link to Comment Colonial Intent
Colonial Intent's picture

6.2% social security tax - to keep your labor pool healthy

4.2% medicare tax - to keep your labor pool healthy

1.45% my employer picks up for me - he can stop if its not profitable.

california state tax of about 9% - Move if its not profitable.

california sales taxes for 7-9% - Move if its not profitable.

Add property tax to that (1% of the property... and please note the property is worth more than your gross income so equivalently its about another 3-4%) and i'm at 60% total AVERAGE tax rate.

- Rent.

Get a fucking clue please. - Working on it right now.

  • gasoline tax - stop importing oil.
  • car registration taxes - Bribe a senator to remove licence plates from vehicles.
  • any tolls you pay when you drive (road tax) - Use a helicopter.
  • smog check for your vehicle - stop importing oil.
  • recycling fee taxes for any bottle / drink you buy - reuse the bottles.
  • At which point did you realise i was taking the piss?
Sun, 07/15/2012 - 13:10 | Link to Comment A Nanny Moose
A Nanny Moose's picture

...to keep your labor pool healthy...

You presume that either of these programs is capable of keep people healthy. The logical conclusion is to extend such benefits to all members of society. Oh...but SocSec recipients are either A) NOT working because of some disability/illness, B) Retired and...not working.

We subsidize people who are not working, and who are fat lazy and sick. Subidize that which you wish to encourage. So let's go ahead and extend that to all 300 fucking million of us shall we?

Move if its not profitable.

Be careful what you wish for. What is 9% of ZERO Einstein?

Sun, 07/15/2012 - 13:40 | Link to Comment Jena
Jena's picture

My husband is self-employed.  He pays both halves of the Social Security tax and has for the twenty plus years he's been in business.  Prior to the slowdown, he employed six people, and it was what made him the most proud out of all his many accomplishments.  Now he manages with minimal part-time help.  The market (for now) is here in California, so those taxes apply, too.  And damn if the state doesn't do their level best to maximize every cent they can in fees and taxes.

I don't think he noticed anyone else in the studio working 16 hour days with him building his business, so he could succeed in a career that fewer than 1% who try ever make a decent living.  The only people he owes are his eldest brother who employed him in the summers painting houses so he could afford college (back in the days when that would pay tuition in California, and his parents, who helped out with other expenses during grad school.

In this together, Mr. President?  With respect, fuck you.

Sun, 07/15/2012 - 14:20 | Link to Comment Moe Howard
Moe Howard's picture

Back in the late 1970s / early 1980's I took a $20K a year / one full time person and one half time person business on the decline and turned it around to employ 3 full time and one part time person, I was being personally taxed at well over 50% of my gross. I closed up shop and left the country for a few years. I have never worked for myself in the USA again. Slavery is supposed to be illegal here.

Sun, 07/15/2012 - 16:12 | Link to Comment fnordfnordfnord
fnordfnordfnord's picture

Jena, Did hubby go to private college, or to State?

Sun, 07/15/2012 - 19:31 | Link to Comment Jena
Jena's picture

All right, fnord3, you have me there.  Undergrad was state;  grad school was private.

I'm not one of your junks.

Mon, 07/16/2012 - 15:18 | Link to Comment FreedomGuy
FreedomGuy's picture

Jena, you rock. When I moved back to Colorado it was "Welcome back,! Now it will be $1000 to bring your cars in state and two need emissions testing and there is an extra roads and bridges fee since you left. Computers are auditing every tax return at state and Federal level. Everywhere I turn the state is there with its hand out and a stick in the other.

When did we agree to be ruled by the State and the political class (including unions). When did the function of the State change from protecting us and our civil rights to taking stuff and feeding it's own growth?

We have gone to a democratic socialist state without a single Constitutuional amendment. We are paying the price and we don't even get the good stuff like a guaranteed month off each year.

Sun, 07/15/2012 - 14:04 | Link to Comment Mudduckk
Mudduckk's picture

To avoid property taxes, you suggest,"- Rent."?

 

Renters pay property tax dipshit.  It's bundled in the rent.  You are so fucking dumb.

Mon, 07/16/2012 - 12:38 | Link to Comment HardAssets
HardAssets's picture

"Renters pay property tax dipshit. It's bundled in the rent. You are so fucking dumb."

That's why the mandatory public school system was set up in the early 1900s - - to dumb people down. Seems its accomplished its mission. (Had lots of help from t.v. too)

Sun, 07/15/2012 - 12:59 | Link to Comment A Nanny Moose
A Nanny Moose's picture

Social Security would be 12.4%. Your employer merely contribute that which they would otherwise be paying you. If self employed, I believe you must pay both halves.

Sun, 07/15/2012 - 16:59 | Link to Comment Raymond Reason
Raymond Reason's picture

...and i'm at 60% total AVERAGE tax rate.

Now add the inflation tax, because they still can't come close to funding requirements with your lousy 60%

Sun, 07/15/2012 - 12:08 | Link to Comment Flakmeister
Flakmeister's picture

History will show that the existence of the middle class was a very transient phenomenon... The variable that most closely correlates with its existence is the "Energy Use per Capita" which peaked around 1980 or so....

Sun, 07/15/2012 - 12:13 | Link to Comment Oh regional Indian
Oh regional Indian's picture

Flak, as always, On Topic, check out this video, Piers Corbyn on AGW. Eye opening.

 

http://www.youtube.com/watch?v=9N4Y2Km_MHI

 

Curious to knwo what you think after watching. Man is brilliant.

ori

Sun, 07/15/2012 - 12:38 | Link to Comment Flakmeister
Flakmeister's picture

Re: The video: Surely your joking...   unless you mean cherry picking data and construction of strawmen??

Sun, 07/15/2012 - 12:21 | Link to Comment JPM Hater001
JPM Hater001's picture

"the time of the oligarchs have come"

the time of the oligarchs have come again.

fixed

Sun, 07/15/2012 - 12:55 | Link to Comment The trend is yo...
The trend is your friend's picture

"the time for ar-15's have come for those oligarchs"

 

Fixed further

Sun, 07/15/2012 - 12:41 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

 

The age of the middle class is over... the time of the oligarchs have come

 

It's always darkest before the dawn.

 

"When you see those lights go out," said Galt, "then you will know that our job is done."

Sun, 07/15/2012 - 12:59 | Link to Comment Kayman
Kayman's picture

"the oligarchs have come"

 The Oligarchs have come out.  Fixed it for ya.

And now they piss on your head in public.

They commit their crimes out in the open and laugh in your face.

Sun, 07/15/2012 - 11:45 | Link to Comment JR
JR's picture

Nonsense.

Sun, 07/15/2012 - 12:05 | Link to Comment i-dog
i-dog's picture

Indeed. But the Free Shit Brigade will lap it up.

Sun, 07/15/2012 - 15:30 | Link to Comment Totentänzerlied
Totentänzerlied's picture

I'm afraid it's not just a brigade, it's an entire army with operations in all 50 states.

Sun, 07/15/2012 - 13:21 | Link to Comment Kayman
Kayman's picture

JR.

But you must remember Socialists invented air and resources.  Prior to inventing the Internet Al Gore mastered electrical engineering.

Entrepreneurs and Producers are like mushrooms in a Pine forest, they just pop up out of nowhere.

Good morning. 

Sun, 07/15/2012 - 11:46 | Link to Comment Capitalist
Capitalist's picture

Missed this part from his speech "From each according to his abilities, to each according to his needs."

Sun, 07/15/2012 - 11:46 | Link to Comment MsCreant
MsCreant's picture

That's the way to organize a community!

Truly inspiring!

Sun, 07/15/2012 - 12:06 | Link to Comment Bob
Bob's picture

What community?

That's appalling!

Sun, 07/15/2012 - 13:20 | Link to Comment JR
JR's picture

Right. He’s going for the affirmative action something-for-nothing vote again, following the Community Investment Act modus operandi, more ACORN (Association of Community Organizations for Reform Now) for the peoples.

It’s what he knows, hired by ACORN to train its “community organizers” in the tactics of the late Saul Alinsky - abusing the law and using intimidation tactics of public charges of racism and threats to block business expansion - to force billions into “subprime” loans to the uncreditworthy. It's just more ACORN for his voter base.

He doesn’t mean together, of course; he means government. He doesn’t mean we’re all going to work together arm and arm; he means government is going to work hand-in-pocket of the middle class.

His definition of government is that the people who are producing things come up with the money and the community organizers will decide how the money should be spent and invariably it should be spent on the people who haven’t produced anything. That means that big government-connected unions will build the bridges with low-wage imported labor and the tax-subsidized welfare people will be paid to come along with the projects. It’s the never ending cycle of wealth transfer.

And when he says we’re all going to work together, he means government spending is going where all this incredible amount of spending has gone since he has been president. And all he has to show for it is raging unemployment and the decline in the fortunes of small business and an economy “on the edge of returning to recession” by government definition.

Obama's speech reminds me of the union steward's rant to his supporters: We’re going to double our wages, we’re going to 12-week vacations and we don’t have to work except on Fridays! And a voice from the back said: Not every bloody Friday!

 

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