July 24, 2012 § Leave a comment
NEIL CAVUTO, FOX NEWS: “The President’s message is you had help along the way, the government was there, there was a support structure there, that without which, you wouldnt have done what you did. What do you say?”
JACK GILCHRIST: “Well, there’s truth to what he said. I mean, my 11th grade English teacher made an impression on me that will last with me for the rest of my life. I can’t even tell you what, but she just sticks with me. I think my dad and his parents, the great generations on their backs, we built the interstate highway system and the bridges and whatnot. But we all pay taxes every time we put gas in our tanks which go to maintaining and keeping up the roads and the bridges. I think the military maybe? I’m not sure if it’s Al Gore or the military which created the Internet. For whatever purpose it was intended. We all get to benefit from it since then. So yes, there`s been some help along the way.”
- Jack Gilchrist, star of Romney attack ad against Obama
- Source: video
- Context: This is an update to the previous post on Gilchrist taking government funds to start and grow his business. Since the news broke that the man who claimed to have built his business on his own in Romney’s new attack ad actually got plenty of help in doing so, there has been a flurry of activity on the internet. Gilchrist, although maintaining that he does not feel as if he has compromised any of his beliefs, appears to agree with President Obama’s message in this Fox News interview.
July 24, 2012 § Leave a comment
“I’m not going to turn a blind eye because the money came from the government. As far as I’m concerned, I’m getting some of my tax money back. I’m not stupid, I’m not going to say ‘no.’ Shame on me if I didn’t use what’s available.”
- Jack Gilchrist, star of a Romney attack ad against President Obama. His response when asked about the help his business received.
- Source: ABC News
- Context: On July 20, 2012, the Romney campaign released an attack ad using an out of context sound bite of President Obama saying “If you’ve got a business – you didn’t build that.” Jack Gilchrist then appears, taking full credit for building his own business, and questions why the President “demonizes” people like him. However, Jack Gilchrist received millions of dollars in government funds and contracts. ABC News reports:
“…in 1999 the business in question, Gilchrist Metal, “received $800,000 in tax-exempt revenue bonds issued by the New Hampshire Business Finance Authority ‘to set up a second manufacturing plant and purchase equipment to produce high definition television broadcasting equipment’…” In addition, in 2011, Gilchrist Metal “received two U.S. Navy sub-contracts totaling about $83,000 and a smaller, $5,600 Coast Guard contract in 2008…”
The businessman, Jack Gilchrist, also acknowledged that in the 1980s the company received a U.S. Small Business Administration loan totaling “somewhere south of” $500,000, and matching funds from the federally-funded New England Trade Adjustment Assistance Center.
- The video providing the full context of Obama’s speech can be viewed here.