At RNC, Peter Thiel talks gay pride, was Republicans away from 'fake culture wars' - CNET

Thiel conjured up a golden age when innovation and opportunity existed throughout the United States and not just in a West Coast tech hub, an era when the US was preparing to send a man to the moon and "the future felt limitless."

"But today our govement is broken," he said. "Our nuclear bases still use floppy disks. Our newest fighter jets can't even fly in the rain. And it would be kind to say the govement's software works poorly, because much of the time it doesn't even work at all."

"I'm not a politician," Thiel said. "But neither is Donald Trump. He is a builder, and it's time to rebuild America."

Thiel's appearance at the RNC comes as some other high-profile members of the technorati have been busy distancing themselves from Trump. Apple, HP and Motorola all pulled out of sponsoring the convention this time around (they've traditionally provided equipment and other support to both party's confabs). And last week a number of tech VIPs, including former executives with Apple, Facebook and Google, signed an open letter saying that Trump "campaigns on anger, bigotry, fear of new ideas and new people" and would be "a disaster for innovation."

Thiel has also raised some eyebrows in the Valley by quietly bankrolling a successful lawsuit by Terry Bollea, aka Hulk Hogan, against Gawker Media. The case pitted freedom of the press against a celebrity's right to privacy and led Gawker into bankruptcy, raising questions about whether Thiel's campaign to undo Gawker could have a chilling effect on other publications. Thiel, outed as gay by Gawker publication Valleywag in 2007, has said he was fighting a bully that has ruined people's lives.

But Amazon CEO Jeff Bezos said he didn't think "a billionaire should be able to fund a lawsuit to kill Gawker."

Thiel's RNC nod to gay rights, on the other hand, would seem to be in line with the thinking of a number of Silicon Valley's elite. In March, more than 90 business leaders, including the CEOs of Apple, Facebook, Twitter and Salesforce.com, pushed politicians in North Carolina to repeal a law there that they feared could be used to discriminate against people who are gay, lesbian, bisexual or transgender.

As for Trump and LGBT rights, it's complicated. The candidate is said by some to be more accepting of the lesbian, gay, bisexual and transgender community than GOP leaders have been. "He will be the most gay-friendly Republican nominee for president ever," Gregory T. Angelo, president of LGBT-rights group the Log Cabin Republicans, told The New York Times in April.

The following month, however, Angelo backed off a bit, noting in a comment to the Daily Mail that Trump "has taken documented stands on both sides of the marriage equality debate." And this week, Angelo told The Wall Street Joual that the GOP's current platform is "the most anti-LGBT platform in the party's 162-year history."

Here's the complete text of Thiel's speech:

Good evening. I'm Peter Thiel.

I build companies and I support people who are building new things, from social networks to rocket ships.

I'm not a politician.

But neither is Donald Trump.

He is a builder, and it's time to rebuild America.

Where I work in Silicon Valley, it's hard to see where America has gone wrong.

My industry has made a lot of progress in computers and in software, and, of course, it's made a lot of money.

But Silicon Valley is a small place.

Drive out to Sacramento, or even just across the bridge to Oakland, and you won't see the same prosperity. That's just how small it is.

Across the country, wages are flat.

Americans get paid less today than ten years ago. But healthcare and college tuition cost more every year. Meanwhile Wall Street bankers inflate bubbles in everything from govement bonds to Hillary Clinton's speaking fees.

Our economy is broken. If you're watching me right now, you understand this better than any politician in Washington. And you know this isn't the dream we looked forward to. Back when my parents came to America looking for that dream, they found it--right here in Cleveland.

They brought me here as a one-year-old, and this is where I became an American.

Opportunity was everywhere.

My Dad studied engineering at Case Weste Reserve University, just down the road from where we are now. Because in 1968, the world's high tech capital wasn't just one city: all of America was high tech.

It's hard to remember this, but our govement was once high tech, too. When I moved to Cleveland, defense research was laying the foundations for the Inteet. The Apollo program was just about to put a man on the moon--and it was Neil Armstrong, from right here in Ohio.

The future felt limitless.

But today our govement is broken. Our nuclear bases still use floppy disks. Our newest fighter jets can't even fly in the rain. And it would be kind to say the govement's software works poorly, because much of the time it doesn't even work at all.

That is a staggering decline for the country that completed the Manhattan Project. We don't accept such incompetence in Silicon Valley, and we must not accept it from our govement.

Instead of going to Mars, we have invaded the Middle East. We don't need to see Hillary Clinton's deleted emails: her incompetence is in plain sight. She pushed for a war in Libya, and today it's a training ground for ISIS. On this most important issue, Donald Trump is right. It's time to end the era of stupid wars and rebuild our country.

When I was a kid, the great debate was about how to defeat the Soviet Union. And we won. Now we are told that the great debate is about who gets to use which bathroom.

This is a distraction from our real problems. Who cares?

Of course, every American has a unique identity.

I am proud to be gay.

I am proud to be a Republican.

But most of all I am proud to be an American.

I don't pretend to agree with every plank in our party's platform. But fake culture wars only distract us from our economic decline.

And nobody in this race is being honest about it except Donald Trump.