Perot attending the 2009 EagleBank Bowl in Washington, D.C.
Complete with charts. That’d make Ross proud, but sad that he was right.
NAFTA was the start of the end of the manufacturing base in the United States.
There were lots of jobs and few illegals in the southwest in the early 90’s.
Now we are covered by illegals across the country and the manufacturing jobs are gone.
Thanks Clinton.
duh. Only liars disagreed with ross on that. We all knew that didn’t we?
We should have had a revolution like Egypt and made Ross president. But, that would have screwed up the NWO and we all know that is a no-no.
I suffered a trade deficit with my grocer so I cut off trade relations with them. I damn near starved to death!
President Perot would have have ensured this century as an American one.
Oh well I guess I don’t really mind learning Chinese.
Why do people trust a government that lies 24/7?Are people this GD dumb?
Perot attending the 2009 EagleBank Bowl in Washington, D.C.
I LOVE how the unions get a free pass in all of this.
Apparently a lot of people here would be PERFECTLY HAPPY paying UAW workers $150k to $200k per year, so that they could buy Ford’s $50,000 Pintos - which is EXACTLY where we would be now, had we prohibited competition from lower-priced labor.
I hate seeing our jobs exported as much as the next guy (actually, probably more, as I am able to understand the effect on national security this is having), but I am JUST AS INTERESTED in why we have to pay manufacturing workers two or three times what they’re worth, simply because they belong to a union.
I would REALLY like to see some of the Perot people address that - rather then enable more of it.
Nothing personal, From, still a good posting (didn’t realize it was you).
The former presidential candidate blasts John McCain, and gets an education about Barack Obama’s religion.
(Page 1 of 2)
The phone rang and it was Ross Perot, who hasn’t given an interview in years. Perot, who won 19 percent of the vote in the 1992 presidential election, making him one of the strongest third-party candidates in American history, got straight to the point.
“Remember what you wrote about John McCain in the March 13, 2000, NEWSWEEK?”
“Sure,” I lied.
“When McCain called Perot ‘nuttier than a fruitcake’?”
The Texas billionaire, now 77, still has some scores to settle from the Vietnam era, and his timing is exquisite. Just days before the South Carolina GOP primary, he wants me to know that McCain “is the classic opportunist—he’s always reaching for attention and glory. Other POWs won’t even sit at the same table with him.”
Mark Salter, McCain’s longtime top aide, says the Arizona senator has plenty of veteran support and many close friendships among other former POWs.
The Perot-McCain relationship goes back to McCain’s five and a half years of captivity in Hanoi. When McCain’s then-wife Carol was in a serious car accident, McCain’s mother called Perot for help. “She asked me to send my people to Philadelphia to take care of the family,” Perot says. Afterwards, McCain was grateful. “We loved him [Perot] for it,” McCain told me in 2000.
Perot doesn’t remember it that way. “After he came home, he walked with a limp, she [Carol McCain] walked with a limp. So he threw her over for a poster girl with big money from Arizona [Cindy McCain, his current wife] and the rest is history.”
Perot’s real problem with McCain is that he believes the senator hushed up evidence that live POWs were left behind in Vietnam and even transferred to the Soviet Union for human experimentation, a charge Perot says he heard from a senior Vietnamese official in the 1980s. “There’s evidence, evidence, evidence,” Perot claims. “McCain was adamant about shutting down anything to do with recovering POWs.”
Not surprisingly, McCain sees it differently. He has told me several times over the years that the myth of live POWs was a cruel hoax on the families. He chaired hearings into the issue in the 1990s and found nothing. “The committee did an exhaustive job and pored over thousands of records and every claim of a sighting, no matter how outlandish,” says Salter. “It was all untrue.”
Perot says he intends to vote for Mitt Romney in the Texas Republican primary on March 4, citing Romney’s experience in business and his family values. “When I went to the Naval Academy and met my first Mormons I asked why so many were excellent officers,” Perot recalls. “I learned it was because of their strong family unit.”
When I asked about Barack Obama, Perot said he admired his eloquence but thought it “a little odd that we would be less concerned about his background than being a Mormon.” Perot was pleasantly surprised when I told him that Obama was a Christian, not a Muslim, and relieved when I informed him that the e-mail Perot (and untold others) received about Obama not respecting the Pledge of Allegiance was a fraud.
Perot isn’t a Hillary hater, but he’s not a fan either, relating the bumper sticker he received that reads: “Monica Lewinsky’s Ex-Boyfriend’s Wife for President.”
The founder of a data-processing empire is still sharp in diagnosing what ails the United States. “The situation in 1992 was not nearly as bad as it is now,” he says. “If ever there was a time when it was necessary to put our house in order, it’s now.
“It’s like having cancer and being in denial. The conduct of the House and Senate is an embarrassment to the nation.” President Bush, Perot says, is a “decent person, but you can’t say the same thing about the people around him.”
Perot is appalled at the specter of big banks having to borrow from foreigners to stay afloat: “We have to go around the world with a tambourine and a tin cup.”
He attributes the success of China to the fact that even uneducated Chinese must learn 3,000 characters early in life, compared to the 26 letters in the English alphabet. “Their hand-eye productivity is incredible because of drawing the symbols,” Perot says, noting that most of today’s Ph.D.s in engineering are from China and India, and only a small percentage from the United States.
Perot offers no easy solutions, instead emphasizing “a strong moral and ethical base, strong homes and the finest schools.” He says he’s disappointed that big textbook companies successfully lobbied in the Texas state legislature to reverse his landmark school reforms.
The pint-size Texan with the funny voice and the big ears isn’t planning to run for president again, but says he will launch a Web site next month with plenty of the charts and graphs he made famous when explaining the deficit in 1992.
Before hanging up, Perot asked me to read the books he recommended on live POWs. I promised him I would.
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Not so much a SUCKING SOUND.. pulling business from USA... but a PUSHING SOUND ... taxes and regulations and MORE TAXES and MORE REGULATIONS PUSHING businesses OUT.
The second graph illustrates the problem with the reasoning, though. It shows that we’ve lost more than 28 million jobs. But the total unemployed in the US is only 12.5 million. These kinds of statistics can be misleading.
Sadly, the “Giant sucking sound” is the really the sound of our tax, regulation, and hostile business climate causing business to rush past our borders to places where it is wanted.
Gee.
Ya think?
Of course, as this article states, we now have a $62 billion trade deficit with Mexico after years of the giant sucking sound.
Any fool knew what would happen when they removed tariffs and made cheap Mexican labor (about 10% of US labor cost at the time) available to US firms. Mexico sent out brochures advertising their cheap labor in those days. The lies told to help pass that disaster were, well, they were typical of how all the so-called free trade agreements were misrepresented to the public, and still are.
Perot may have been nutty at times, but it’s been obvious for years that he was exactly right about the giant sucking sound. And yet, somehow when Gore compared NAFTA to the Louisiana Purchase in a TV debate with Perot, this sounded more serious and thoughtful than Perot’s description.
I have run a medium sized U.S.manufacturing company for 20 years
and the jobs killer are listed in order:
1. Litigation.
Nothing like having your prototypes drawings and manufacturing
trade secrets stolen and sent to China while you are sued
for antitrust under the Sherman Act by the perpetrators
while the Lawyers milk you for millions.
Even better when you find out you were immune under
Noerr-Pennington doctrine
but the lawyers kept it going just to use your business
for an ATM.
Nothing like juggling 4 discrimination suits while the
state asks you for mountains of paperwork for a year
and a half. And of course the same old determination,
-Never Mind-.
Nothing like having a vendor destroy $35,000 worth of
your parts and sue you for the $2,000 bill.
Nothing like having a vendor not be able to ship your
order, cancel it have them acknowledge the cancellation
buy the parts elsewhere and have the vendor ship them to
you 8 months later.
After the parts are returned the vendor sues you for
them and claims under UCC the parts are custom when they
are not.
After fighting a year in court we decide the litigation
is to costly and decide to buy the $8,000 worth of parts
only to find out the vendor does not have them.
Never lost a single law suit. The lawyers just won bigger.
I could go on all night.
It's the lawyers.
Plus the crooks they work for.
2. Regulations.
Mountains of paperwork, surveys, reporting, environmental surveys, etc.
Every time the government comes up with a new law or program
you just know you and three other people are going
to be busy for a couple of months ( while not doing what you need to do).
Accountants, accountants and more accounts.
A good accountant is worth their weight in gold.
Most want you do all the work and then they kiss
the end product like they were the pope.
Never doing the do-diligence to verify the end product
is correct leaving you to hire another accountant to
correct it.
3.Personnel
A good employee is worth his weight in GOLD.
I have over a hundred of them.
Many have been with the company for 15+ years,
some since it's inception.
How do you tell a good employee?
Simple, they love their job so henceforth they are good
at it. Pay them well and you never find them on the job market.
However due to growth there aways the need for more.
I have learned one thing in 20 years.
A good person almost always has a job.
As for the new hires, 80% of the new hires can't or won't
do their job.
Most within 6 months are either interfering with,
gossiping about, and attacking the good employees (they have special radar and can pick them out in a NY minute).
50% of them turn to grand theft in 1 year less.
Then when terminated they sue the company.
Back to #1.
With all that when does one have the time to actually
do what they are in business for in the first place.
I could write a book.
In fact someday I will.
1. Stop the frivolous lawsuits.
2. Get rid of the ridiculous regulations.
3. Stop taxing business on their inventory's of raw materials and unfinished goods.
Lower the ridiculous tax rates and let the monies be used
for capital equipment and personnel.
4.Stop allowing China to rig their currency so that
Americans cannot compete.
I can take electronic equipment made in China and make
a bill of materials for millions of units and have the parts
and raw material's come to more than the Chinese retail it
for.
That's a free market?
America can win through automation and innovation.
Gore pulled out his trade balance chart to show a surplus for 1992...and if NAFTA passed and continued we'd have the largest trade surplus with Mexico than any other nation.
We were hitting deficits in ‘95 with no stop in illegal immigration or raise in Mexican standards of living.
You guys are ALL clueless! That ‘giant sucking sound to the south’ was Monica Lewinsky!!