Skip to comments.Obama: People Don't Get Rich on Their Own
Posted on 01/27/2012 8:52:24 AM PST by mandaladon
President Obama tells a college audience that people don't get rich on their own. Obama's point that without government and paying your fair share, ultimately the successful wouldn't be able to get where they are.
"We do not begrudge wealth in this country. I want everybody here to do well. We aspire to financial success, but we also understand that we're not successful just by ourselves," President Obama said at a campaign event in Ann Arbor, Michigan on Friday morning.
"We're successful because somebody started the University of Michigan. We're successful because somebody made an investment in all the federal research labs that created the internet. We're successful because we have an outstanding military that costs money. We're successful because somebody built roads and bridges. And laid broadband lines and these things didn't just happen on their own. And if we all understand that we've got to pay for this stuff, it makes sense for those of us who've done best to do our fair share and to try to pass off that bill on to somebody else, that's not right. That's not who we are," he said.
(Excerpt) Read more at nation.foxnews.com ...
This is a common new meme that they are pushing to young people. I see it a lot from that idiot Massachusetts lib female professor who is challenging Senator Brown.
Young minds full of mush eat this stuff up.
The Lewis and Clark Expedition of economic ignorance.
The RaceMarxist is blazing new, unexplored paths in utter fiscal and monetary, not to mention social, stupidity.
Nothing less than breathtaking.
The hell, you say! I had no idea!
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Karl Marx would be so proud of his little mimes.
I pay my fair share Mr. Prez. But everytime I look in to starting a business venture the details of regulations and taxes destroy the business before it ever starts.
More ass backward cargo cult thinking.
Things like roads and bridges do facilitate industry but they don’t drive it. There was a growing need for an interstate highway system, the interstate didn’t create the need.
Zero is speaking from personal experience...he wouldn’t be were he is without affirmative action and government handouts.
Geez, he’s just an out and out open communist now. Not even TRYING to hide it.
This is the type of BS Newt could squash like a bug.
Artists don;t paint a work of art alone. They have people who make the paint, the easel, the canvass, who pose, etc. etc.
But you know what Obama? Without the DAMN ARTIST, there is NO WORK OF ART!!!
He is so obtuse. I can’ believe the garbage that comes out of this idiot’s mouth.
His election was a perfect example of the dumbing down of America. Too many superbowls, reality shows, Star Dancing and watered down history courses.
Good Samaritans, huh Bari?
Obama is living proof that people don’t get stupid all on their own, it takes a liberal village to produce such an idiot.
He’s going full on Elizabeth Warren now.
I would like some Obama zombie to explain this to me: how is this not Socialism? And if it is, then why is it supposedly wrong to call Obozo a “Socialist”?
This is simple, create a cabinet level, Department Of Getting Rich Because Of The Government, staffed with a 1,000 bureaucrats paid at the maximum $172,000 dollar a year salaries and give it a 5 trillion dollar a year budget to throw money at... well... anything.
Utopia for all will be just around the corner.
An often forgotten fact is that the interstate system was built to speed up the transport of military materiel in the advent of war and had nothing to do with helping industry or the public. Same with the internet and information.
Using Obama and Elizabeth Warren’s convoluted logic “No one got rich on their own” nonsense, would prompt me to ask them why isn’t everyone rich then? If everyone benefits from these services, products, roads, bridges, etc, that you speak of, then why do have so many poor people?
They will continue to pound us with this line of thinking in order to justify taking more and more of our $$. I want to ask any of these hardcore leftists (they are NOT liberals) what % of total taxation (Fed, state, local, etc.) would be considered too much? One’s income is part of their personal property. It AMAZES me how the hardcore left continues to justify the increased taking of ones personal property and thus taking away more and more of one’s freedom. Make no mistake about it: they ARE attempting to take away part of your freedom by using the above line of thinking and propaganda
He was born with a silver spoon. You damn well his momma got paid to keep her mouth shut as to his real father.
Get real sick when I see a 40% graduation rate in the same city that had 95% when I was a kid. Don't ask me about the demographics.
Using Obama and Elizabeth Warren’s convoluted logic “No one got rich on their own” nonsense, would prompt me to ask them why isn’t everyone rich then?
If everyone benefits from these services, products, roads, bridges, etc, that you speak of, then why isn’t everyone rich then?
Neither do they become government serfs and slaves on their own.
The interstate highway system was built on fraud in the first place, congress did not have the constitutional authority to construct a highway system, they were shot down numerous times by the courts, they then decided on a national rouse that the highway system was necessary for National Security, the Courts and Congress went along with the rouse and that is how we got our interstate highway system. BASED ON FRAUD AND DECEIT, not that it isn’t a good thing in the long run, just the way it was done, thereby giving CONTROL TO THE FEDERAL GOVERNMENT. Had the States done it on their own, we would be much better off.
Not original. He is just channeling Elizabeth Warren.
RULE 2: Never go outside the expertise of your people. It results in confusion, fear and retreat. Feeling secure adds to the backbone of anyone.
‘The common man eloped with history and ran off to the United States of America. Mr. Jefferson and his friends reinvented politics. Mr. Ford, Mr. Rockefeller and Mr. Carnegie took it from there.’
You don't have to be a rocket scientist to recognize that “O” is absolutely out of his f'n mind!!
By Obama’s logic, North Korea should be the richest country on the planet, with a long line of Mexicans trying to cross the border.
What a putz.
“We’re successful because somebody started the University of Michigan. [Students (usually) pay tuition for their schooling — CAPITALISM WORKS] We’re successful because somebody made an investment in all the federal research labs that created the internet. [People buy internet service and companies sell advertising to pay for the internet — CAPITALISM WORKS] We’re successful because we have an outstanding military that costs money [I gladly pay taxes to support the military]. We’re successful because somebody built roads and bridges. [Roads are built and maintained through gas taxes which all consumers pay for in the price of goods and services — SPECIFIC CONSUMPTION TAXES WORK AND ARE VOLUNTARY] And laid broadband lines and these things didn’t just happen on their own. [The opportunity for profit caused people to invest capital in broadband. Don’t want broadband, don’t subscribe — CAPITALISM WORKS] And if we all understand that we’ve got to pay for this stuff, it makes sense for those of us who’ve done best to do our fair share and to try to pass off that bill on to somebody else [When 47% don’t pay anything in income taxes, who’s passing off that bill to whom???], that’s not right. That’s not who we are,” [Unfortunately we’ve become a nation of producers and looters. The producers are getting FED UP] he said.
Fair means everyone pays the same thing
Less Fair means everyone pays the same rate
Theft means 47% steal from 53%
The list, Ping
Let me know if you would like to be on or off the ping list
Obama doesn’t want to say that people remain poor because of government.
Remember him trying to take credit for the natural gas/oil boom the other day? “A little nudge from government ...”.
This command economy bass-turd and his cronies have done everything they can to throw up stumbling blocks/cripple efforts to make us less oil-dependent on his muslim buddies, and he has the sheer effrontery to claim credit for the success of this private enterprise.
I'm getting a little SICK of someone else telling me what THEY THINK is 'my fair share' of anything!
Right now, 'my fair share' is close to 50% not including PROPERTY TAXES, GASOLINE TAXES, SALES TAXES, LICENSES & FEES, etc., etc., etc.....
None of that negates the fact that it was actually good for business even if it wasn’t the intent.
He’s right, but not in the way he thinks...
In process of becoming rich, “rich folks” usually make a lot of other people richer, too.
This reminds me of Mr. Clinton’s definition of being alone.
According to Mr. Obama, you receive a degree from the University of Michigan and you’re all set!
My father became a successful doctor because he worked for it - not because someone granted him the success.
Obama is the dumbest piece of shit President in the history of forever....and ever.
It's not new. He swiped this concept from Elizabeth Warren, the Dem hag who's running against Scott Brown in MA.
She has been spouting these same lines for a few months now.
I agree, We needed it and it worked out pretty well, with the exception of the Controlling Authority by the Feds, but the way it was done is how we screw ourselves, by disregarding the Chains of the Constitution and using trickery and fraud to disobey the Constitution, in the end we will all lose, because this behavior perpetuates that behavior.
I don’t recall the government being mentioned in the MicroSoft movie. Oh wait, they were in the garage and the door was open. You could see the street he lived on.
He left out man’s greatest inventions; the on-off switch, and the mute button.
It is so refreshing to have a President that has such a strong faith for the people, their ability and the society as a whole. Oh wait, was that not what he was saying?
In a division of labor and free society, one person's gain is not only not other people's loss but is other people's gain.Both in their origin and in their use, great fortunes are source of gains to everyone who participates in the economic system.
But such fortunes originate in innovations that result in the earning of a high rate of profit on capital, almost all of which is constantly reinvested, so that the high rate of profit rapidly compounds. The fortunes emerge as the sum of the reinvestment of these compound profits over a period of many years.
didn’t this POS have Steve Jobs wife at his propaganda rally on Tuesday night???
Our real problem with the highway system today is due to waste, fraud, stupidity, etc. After all we shouldn’t be funding city transportation projects, rain gardens and museums out of highway funds. As far as I’m concerned the highway funds should be strictly restricted to upkeep on interstates and related bridges and nothing else.
I’m even OK with letting some roads here in Michigan return to dirt if they have minimal traffic. I live on a dirt street that hasn’t seen a snow plow for years and I’m just fine.