[Right Wing Assault]

"Government research created the Internet so that all companies could make money off the Internet."

I love that quote.

One of the top BS lines in history.

[yldstrk]

yeah, the reason for the creation was for government use. That private industry was able to make use of it indicates the creativity of private industry, nothing more. Government doesn’t create things for private industry.

[AlanGreenSpam]

-— “Government research created the Internet so that all companies could make money off the Internet.”

I agree that Obama’s statement shows his misunderstanding:

a) It was NOT the government’s MOTIVE to “create the internet so that companies could make money off it”

b) This shows Obama’s clear misunderstanding of how free markets work. He thinks government’s lofty hand is always guiding free enterprise, but it’s the reverse: It hinders free enterprise. And IN SPITE OF government, free enterprise always brings innovation to the market because of THE PROFIT INCENTIVE.