Obama Laugh Line: 'We Have No Money'

President Obama at the 150th Anniversary of the National Academy of Sciences:

“So we will continue to pursue advances in science and engineering, in infrastructure and innovation, in education and environmental protection — especially science-based initiatives to help us minimize and adapt to global threats like climate change. And I’m confident we’ll meet that task because we’ve got you — brilliant and committed scientists to help us guide the way. And part of what’s made the Academy so effective is that all the scientists elected to your elite ranks are volunteers — which is fortunate because we have no money anyway. (Laughter.)

“For 150 years, you’ve strived to answer big questions, solve tough problems, not for yourselves but for the benefit of the nation. And that legacy has endured from the Academy’s founding days. And when you look at our history, you’ve stepped up at times of enormous need and, in some cases, great peril.”