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Obama: People Don't Get Rich on Their Own
Fox Nation ^ | 27Jan 2012

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 ...


TOPICS: Constitution/Conservatism; Extended News; News/Current Events; Politics/Elections
KEYWORDS: obama
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To: EyeGuy
The RaceMarxist is blazing new, unexplored paths in utter fiscal and monetary, not to mention social, stupidity.

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.

41 posted on 01/27/2012 9:23:24 AM PST by Semper911 (When you want to rob Peter to pay Paul, you'll always have the support of Paul.)
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To: cripplecreek

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.


42 posted on 01/27/2012 9:24:42 AM PST by eyeamok
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To: PizzaTheHut
...why isn’t everyone rich then?

you nailed right there, pard. Nothing more needs to be said - this takes apart the whole argument and exposes these pinko bozos for what they are and what they'd like to do to our way of life.
43 posted on 01/27/2012 9:26:16 AM PST by Apparatchik (If you find yourself in a confusing situation, simply laugh knowingly and walk away - Jim Ignatowski)
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To: mandaladon
F U B O
44 posted on 01/27/2012 9:27:00 AM PST by ▀udda▀udd (7 days - 7 ways a Guero y Guay Lao << >> with a floating, shifting, ever changing persona)
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To: FrankR

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.


45 posted on 01/27/2012 9:27:26 AM PST by massgopguy (I owe everything to George Bailey)
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To: mandaladon

He left out man’s greatest inventions; the on-off switch, and the mute button.


46 posted on 01/27/2012 9:28:00 AM PST by arrdon (Never underestimate the stupidity of the American voter.)
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To: mandaladon

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?


47 posted on 01/27/2012 9:28:26 AM PST by BloodAngel
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To: 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.

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.

48 posted on 01/27/2012 9:33:35 AM PST by mjp ((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))
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To: mandaladon

didn’t this POS have Steve Jobs wife at his propaganda rally on Tuesday night???


49 posted on 01/27/2012 9:34:45 AM PST by God luvs America (63.5million pay no federal income tax then vote demoKrat)
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To: eyeamok

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.


50 posted on 01/27/2012 9:35:54 AM PST by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: mandaladon

The idiots brain cells are dieing off faster than expected.


51 posted on 01/27/2012 9:38:25 AM PST by Vaduz
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To: mandaladon

You can stuff your roads, infra structure and everything else. I take my FREEDOM.


52 posted on 01/27/2012 9:38:38 AM PST by central_va ( I won't be reconstructed and I do not give a damn.)
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To: cripplecreek

You be correct and we agree, now if only we could knock some sense into the Ruling Class, or better yet FIRE THEM ALL.


53 posted on 01/27/2012 9:39:00 AM PST by eyeamok
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To: LibsRJerks
“I see it a lot from that idiot Massachusetts lib female professor “

Yes she did say this. (Elizabeth Warren) There are some really loony things she said, that are available to listen to, stunning when you hear them.
And she is the one Obama wanted to put in charge of regulating banks and other financial entities.

I'm too lazy to search and link them.

54 posted on 01/27/2012 9:40:27 AM PST by HereInTheHeartland (I love how the FR spellchecker doesn't recognize the word "Obama")
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To: LibsRJerks

Only a lousy POS confiscates wealth and then tells kids the victims were making an “investment”. What complete and utter garbage!


55 posted on 01/27/2012 9:45:16 AM PST by Clump (the tree of liberty is withering like a stricken fig tree)
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To: ZULU
He is so obtuse. I can’ believe the garbage that comes out of this idiot’s mouth.

He remains very obdurate, even after 3 years in office.

56 posted on 01/27/2012 9:45:34 AM PST by central_va ( I won't be reconstructed and I do not give a damn.)
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To: eyeamok
My street used to be the responsibility of the village but they contracted out with the county who in turn get money from the state who in turn get money for the feds.

The net result is that I pay taxes for the county to run through with a grader about twice a year and they don't plow snow or even grade the whole street. They turn the corner and go away from my end of the street. In fact the street is disappearing over the years.

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57 posted on 01/27/2012 9:55:02 AM PST by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: central_va

“obdurate”
Darn, I thought I was Menza qualified until you wrote that.
After looking it up you are Darn sure right!

Thanks!


58 posted on 01/27/2012 9:55:22 AM PST by GOYAKLA (Recall/ Impeachment Day, November 6, 2012. FUBO)
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To: tobyhill

Central planning 101
Public-Private partnership where the government is the silent but controlling partner.


59 posted on 01/27/2012 9:57:55 AM PST by griswold3 (Character is Destiny)
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Obama wants to help us all the way to the poor house.

Lord protect me from those who wish to do me good.


60 posted on 01/27/2012 9:59:40 AM PST by D-fendr (Deus non alligatur sacramentis sed nos alligamur.)
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