President Obama: ‘If You’ve Got a Business — You Didn’t Build That. Somebody Else Made That

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posted on Jul, 19 2012 @ 04:35 PM
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reply to post by beezzer
 


Ha, and I would assume the unholy trinity are Obama, Pelosi and Biden?




posted on Jul, 20 2012 @ 12:26 AM
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Romney at a campaign stop tries to belittle Obama's speech (the grossly out-of-context part of "you didn't build that") by showcasing a local business in Roxbury Mass., which he and the owner claimed he built using just his own labor and the $500 he had in his pocket.

Romney's Obama attack gets sidetracked


(ROXBURY, Mass.) - After two consecutive days of strong attacks on President Obama for his comments touting government's role in fostering new businesses, Republican presidential candidate Mitt Romney's message was decidedly more muddled on Thursday when a local television station here reported that one of the local entrepreneurs selected to illustrate Romney's point got help from local government.


What the owner and Romney failed to mention is that the business owner got government-backed Industrial Revenue Bonds which he used to start up his business. In other words, he got a government handout "to build that".


On a campaign stop, Romney sought to rebut Obama by highlighting the success of an auto repair shop started by a local entrepreneur. "This is not the result of government," Romney told reporters, referring to Middlesex Truck & Coach after he toured the shop. "This is the result of people who take risk, who have dreams, who build for themselves and for their families."

Company owner Brian Maloney, 69, agreed with Romney's assessment. "I take umbrage at the suggestion that people don't start and build businesses," Maloney said. "I started out with 500 bucks and worked with my hands to afford grad school at night. My wife supported me. Started a little body shop and was able to bring together people, one at a time."

But in an interview with Boston-based reporter Jon Keller of WBZ-TV, Maloney acknowledged that his business received some government help. "The only way I was able to come here, because I had no money, was with an industrial revenue bond," Maloney said in the interview. Industrial revenue bonds are typically issued by local and state governments to attract new business to an area. They create low-interest loans for new development and startups.


And now Mr. Malony wants to bite the hand that fed him, by denying the very government that gave him a low interest bond he used to help build his business ever had anything to do with his success.

I wonder if Mr. Malony or Mitt Romney ever considered how successful his Truck & Coach shop would be, without the tax revenue used to build the very infrastructure needed for his business to thrive in.

Maybe we should all take a page from Romney's play book and stop paying taxes. Let the system collapse. No roads, utilities, police, firefighters. Let anarchy reign. Then let's see how successful anyone's business would be (outside of guns and ammo shops).



posted on Jul, 20 2012 @ 01:13 AM
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reply to post by beezzer
 



And who makes the oil????


The people who think that roads create businesses are the same ones that think expensive golf clubs make great golfers.


beez,
i want to point out the flaw in your logic,
if you were a scientist,
and you used known laws of physics or even general relativity to explain a phenomenon,
you would not get published without referencing the preceding work of others, and you would be claiming to be a stand alone scientist.

this means that you do not recognise newton, Einstein or any other scientist who had previously discovered and documented the fundamental discoveries that made it possible to explain your input or paper.

im sure cern scientist recognise that they did not invent electricity, or the equations that allow them to use electricity.

they may extend electrical theory and may extend the field of particle acceleration using superconducting magnets and high voltage electrical equipment,

BUT AT NO POINT WOULD THEY SAY THEY
DID IT ON THEIR OWN

at all points available to them they would reference those who pioneered these fields that ALLOWED them to succeed in speeding particles to near the speed of light.

in science we recognise that we are standing on the shoulders of giants.

the insolence of business seems to happen in a vacuum without proir input from another,

this in science is unacceptable by the greater community,
why do you think you know better how things work,
than the greatest minds in history?

xploder

edit on 20-7-2012 by XPLodER because: (no reason given)



posted on Jul, 20 2012 @ 01:39 AM
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reply to post by XPLodER
 

Recognising people who broke ground, made great strides is one thing.

Placing the onus of discovery, hard work and innovation on the shoulders of governemnt is another.

It is, in a word, hubris.



posted on Jul, 20 2012 @ 01:49 AM
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The president was speaking from his heart. He really doesn't give credit to anyone who does anything for themselves in this country. He honestly believes that anyone who accomplishes anything must have done it by luck - like he got where he did - without much effort and with tons of luck! Of course, a lot of ignorant Americans who voted for him too... That's where he lucked out... no intelligent person would ever have thought there'd be enough ignorant people out there to get him elected.



posted on Jul, 20 2012 @ 06:33 AM
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Originally posted by ChicagOpinion
The president was speaking from his heart. He really doesn't give credit to anyone who does anything for themselves in this country. He honestly believes that anyone who accomplishes anything must have done it by luck - like he got where he did - without much effort and with tons of luck! Of course, a lot of ignorant Americans who voted for him too... That's where he lucked out... no intelligent person would ever have thought there'd be enough ignorant people out there to get him elected.


President Obama is a Radical Marxist masquerading as a moderate in order to get elected.

He doesn't have a choice. He must lie by omission.
--------
Unfortunately, the teleprompter was switched off and the truth accidentally slipped out.

- The Roanoke Socialist Rant -

Apparently, Obama has been reading the same textbook as Elisabeth Warren.

Her socialist rant went viral years ago.

"If you've got a business, you didn't build that !"

First Obama mocked the capitalists. Then he demonized the capitalists.



posted on Jul, 20 2012 @ 04:38 PM
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reply to post by MidnightTide
 


To say the government built something would imply that the government paid for it which is a false notion being that the government does NOT create wealth, we the people do. We paid for all the roads and bridges that obama speaks of and not the government.



posted on Jul, 20 2012 @ 11:05 PM
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Originally posted by sensibleSenseless

Hi ElectricUniverse,

In Canada there are such things as crown corporations which are funded and owned by government where they attempt to make profit - ie a greater amount of income than the expenses they pay. The US government has similar activities - such as weapons sales. On the other hand, there isn't always a shareholder who takes home profits - for example the province of Ontario's lottery system, then uses the profits to fund other government initiatives.


Even the lotto, in every country, is set up to make profits, otherwise they would go broke pretty fast.

Lottos are set up for example to make 100million for every 10 million they give away. Sometimes you will see for weeks, and weeks that no one gets the money, and that is for a purpose, so that the lotto system and the people who make it happen can make millions.

Even in Ontario's lottery system most of the money is a profit for your government.



Originally posted by sensibleSenseless
This is not the general rule in all government departments - but it is a part of some government initiatives - one which I didn't cover, so I stand corrected. When for instance, the government takes taxes for a school system, the government is not attempting to profit from it - something I was trying to put emphasis on. (There are probably exceptions to everything I've written all over the place - I have neither the time or resources to devoting to discovering absolutely everything - so your input is quite appreciated.)


So are you telling me that everyone that works for the "department of education", including teachers, professors, janitors, etc do not get paid at all? Sure they all get paid, and the "department of education" decides where to spend money and what programs to implement to get more funding and for the funding to work. So even the "Department of Education" does work for a profit, but of course they claim "it is for the good of our children"...


edit on 20-7-2012 by ElectricUniverse because: (no reason given)



posted on Jul, 21 2012 @ 08:46 AM
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Originally posted by Ancient Champion
reply to post by MidnightTide
 


To say the government built something would imply that the government paid for it which is a false notion being that the government does NOT create wealth, we the people do. We paid for all the roads and bridges that obama speaks of and not the government.


Correct.

Those are OUR roads and bridges. WE paid for them.

The socialists have everything upside down and backwards.



posted on Jul, 22 2012 @ 09:22 AM
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Originally posted by totallackey
reply to post by stanats
 


Any person who supports progressive taxation in any form is a Marxist. Case closed. I did not need any bs thread or anything else to prove the point. It does not matter whether any other term (i.e., Republican, Democrat, Independent) is utilized as an adjective. If you support progressive taxation, you are a marxist...it really is that simple.
edit on 15-7-2012 by totallackey because: clarity


Marxists are bad I assume?

Tell that to Jesus.

Should we start taking people into rooms and pumping them full of '___' again, in the name of our democratic republic?



posted on Jul, 22 2012 @ 10:29 AM
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Marxists / Socialists - replacing what works with stuff that sounds good and has zero possibility of working.



posted on Jul, 22 2012 @ 01:28 PM
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reply to post by Evolutionsend
 





Should we start taking people into rooms and pumping them full of '___' again, in the name of our democratic republic?


The Soviet Union did as bad or worse during the Cold War.
It is the kind of thing that they both did then.



posted on Jul, 22 2012 @ 02:07 PM
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This is a great thread with a lot of good ideas. I know that anything I say now will probably be lost, but I wanted to share something I have heard may times from some very smart and rich people. It is worth pondering:

You need LUCK to make your first million. You need SKILL to make your second million.

What I think that means is as follows: There are a lot of ordinary people (not MOST people, but still quite a few) who, if they just had a million dollars, they could turn that into even bigger bucks and join the ultra rich. But getting that first million is very very hard, and relies mainly on luck, such as being in the right place and time, or being born to wealth.

It makes sense to me, because I know a lot of hard working, very sharp people who aren't rich, but want to be. If they just had the money for a decent marketing budget things would completely turn around for them. Or -- they need to get lucky.

So I think Obama is basically correct when he says that you didn't build your business strictly by your skill -- it was a combination of first luck and then skill.

A final note -- maybe being born with the right attitude helps -- but that is also just a matter of luck in some ways. I consider myself lucky to be born in a free USA, for example.



posted on Jul, 23 2012 @ 05:05 AM
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reply to post by Ancient Champion
 


and to say that the company wrote up the plans for one small stretch of that road system is solely responsible for it being there is off the mark also.
it took the taxpayers, working hard, paying taxes to provide the funds, it took more hardworking taxpayers doing the backbreaking work paving it, and so much more!!

you own a successful business, congratulations, but well....
if you are in need of staff of college educated workers, there's a good chance that at least some of those workers were taught in the state colleges, maybe even depending on gov't scholarships and grants and gov't backed loans. so, well, one might say that your success is partly delivered to you thanks to the US taxpayer.

if your business is producing a product, well, the materials you use are probably being provided courtesy of a group of hard working people who are spending 40 or more hours a week producing that material, and let's not forget about your own staff, who are working 40 or more hours producing that product!

and well, let's not forget, if you are delivering a product or service, well, you are depending on hard working people to come in and pay your their hard earned money for that product and service!!


and well, if you are one of those really successful people who have earned your fortune speculating on wall street, in derivatives, ect.....well, maybe you did it all on your own....is so, well, you can take all the credit...but will you please also accept some of the risk that goes with it and quit expecting the hardworking taxpayers to bail you out when the bets turn sour!!!

but you see, a problem pops up when these successful people start thinking that they are the greatest and the rest of us are just pions who deserve nothing!!
we have nothing to go and spend at their businesses, or the money to get to our jobs, or get sick and fail to get the medical care we need, and then, their success dwindles away!!!
and well, what is success with all it's monetary rewards, if those hard working taxpaying people ain't out there producing the goods and services you are enjoying!!!

very few successful people have gotten there all on their own!!!



posted on Jul, 23 2012 @ 05:15 AM
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If it wasn't for the generation that laid down their lives in WW2 who were then forced to repay the war debt back through taxation, there would be no America today, certainly not one capable of fostering such entrepreneurship.



posted on Jul, 23 2012 @ 05:24 AM
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Originally posted by dawnstar
reply to post by Ancient Champion
 

A problem pops up when these successful people start thinking that they are the greatest and the rest of us are just peons who deserve nothing!! Very few successful people have gotten there all on their own!!!


I agree. I think that is exactly what Obama is saying.

It is a problem because these people now have the capital and the power, and if they don't have the right attitude (if they think they are elite and intrinsically superior to others) then they are positioned to limit upward mobility for the rest of the country. Really, why should they help other, more inferior types climb to their level?

Fortunately, although this bad attitude may be quite common, there are still many people who are socially sensitive, and want to bring others to their level, improving society. I think a lot of people realize that they are lucky to have success, and they are willing to help others achieve the same.

Unfortunately, this appears to be less and less the rule. It seems that way to me, anyway.



posted on Jul, 23 2012 @ 05:33 AM
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reply to post by Axial Leader
 

I believe there are many successful waitresses, store clerks, and other low paid workers, they do their jobs great, and they manage to live happy lives with what they are given. and they are no less deserving than the ceo of the too big to fail, but failing bank!!



posted on Jul, 23 2012 @ 09:28 AM
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reply to post by butcherguy
 


If some of these biollionaires that are cashing in their fortunes would examine the greater good, they would not be leaving. The greater good is a core communist ideal. You would be hard pressed to find an American that would never consider the greater good of others.

Americans are more communist than they know.

I guess if you're rich in America you are allowed to be a brat. If your friends don't play the way you want to, you can take your toys and go home.

Those lofty conservative ideals can quickly turn into me-me ideals, just like any other pollitical belief.
edit on 23-7-2012 by Evolutionsend because: (no reason given)
edit on 23-7-2012 by Evolutionsend because: (no reason given)



posted on Jul, 24 2012 @ 01:15 PM
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Originally posted by buster2010
Obama is right. Everyone who is wealthy in this nation has gotten help in some way or another in their life. Anyone that says I became wealthy on my own is a liar.


What an absurd pov. (defending this topic)

ALL work is derivative:. Even Einstein stood on the shoulders of Kepler and Galilleo

EVERYONE has the common denominator of "good roads"; " air to breathe". So that pretty much negates any "advantage". there.(it is at least fairly offered to all people in society).

person"A" has "good roads" and a stable society; and does enough to get by.

Person"b" has "good roads and the same stable society too;

but he works 18 hours a day and risks his own capital on his own ideas.and moves his plan forward. He becomes a "Successful business owner. He then hires plenty of person "A" types and pays them.

BOTH parties pay taxes to pay for said "good roadS" and stable society.

Person"B" deserves full credit.He IS DIFFERENT from all the person "A" types. Who don't have the drive and ambition.
Infact person "B" was productive enough to pay for the roads and stable society he used and left unused (wasted)by person "A"!!!!! If anything person"A" "owes" person "B"a "dead weight tax" on unproductive ( lack of )use of the roads he paid for!!!.

Unless you are a collectivist.
Looking for any excuse to insert a little "guilt (from perceived upaid obligation) in some little crack to weedle a little more tax revenue to redistribute.
edit on 24-7-2012 by 46ACE because: (no reason given)



posted on Jul, 24 2012 @ 05:37 PM
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reply to post by ElectricUniverse
 


Hi Electric Universe,

That is exactly my point - you said it.





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