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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palmereldritch's picture


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.


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.

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.

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.

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.

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.

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.

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.

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.

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.

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!

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?


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.

BlackHorsewithScales's picture

All hail the Village Idiot of Chicago (VIC)!  

El Tuco's picture

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

spinone's picture

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

silvertrain's picture

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

Chuck Norris's picture

Al Gore didn't invent the internet.


But he did make up Global Warming.

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.

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.

Comay Mierda's picture

Who is John Galt ?

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

JPM Hater001's picture

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

JoBob's picture

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

Dr. Sandi's picture

I have seen the drones and they are us.

BTW, Resistance is Futile!

Race Car Driver's picture

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

veyron's picture

Sprott recently TVIX'd customers of the silver trust

TN Jed's picture

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

MolotovCockhead's picture

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

Ayn NY's picture

And it worked so well for her...

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

Mad Mad Woman's picture

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

Winston Churchill's picture

Go back to sleep.

Will wake you if something even more REALLY important happens.

sgt_doom's picture

"Who is John Galt?"

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

AAA21's picture

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

Jim in MN's picture

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

Jeffersonian's picture

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

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.

Mongo's picture

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

Colonial Intent's picture

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

There's your problem right there.

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

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.

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.