Jesse Ventura on President Obama

[Bubstr]

I thought Standard Oil was broke up just after Teddy Roosevelt left office somewhere around a century ago. At the time I thought Standard Oil under Rockefeller had a 90-95% percent share of the refining industry. Guess I'll have to look that up.

I don't see deregulation that same way you do, and no it doesn't mean I'm blind. Globalization I would estimate has a greater effect on the stagnation/shrinking of the middle class in some sectors of the economy while it increases it in others. Competition creates winners and losers.

Regulation is one thing, required inspections of meat and other foodstuffs, laws requiring workplace safety, environmentalism, just to name a few are things all reasonable people would agree too that the Federal Government should be doing. However, using regulation as a tool in global isolationism I think is counter-productive. If you were to advocate that after a certain amount of time, say a decade, that 3rd world countries who import into the US have to start putting into place the same sort of regulations our local industries have to endure, then I would agree with you. That would be a fairer/leveler playing field than we have today.

You will find that the implementation of standard oil break up wasn't done till the 1950s. I know this because one of my first jobs was at a Standard Oil gas station. One day we was Standard oil and the next day Amoco. We washed windshields and checked the fluids and tires. I believe it's all Chevron now, a part of BP.

How do you like your gas bill with out regulation? It was as low as 11 cents a gallon back then and there was competition of hundreds of oil companies. As you can see, deregulation reduces competition, it does not increase it. How many oil companies do we have now? 5 with multiple names?

Globalization, Yes and with globalization we had congress change the regulations for corporations to free them up. Now they don't even bring the profits back home to get taxed. They want the benefit of an US consumer and cheap abundant labor but leave us, the middle class to pay the bill for it. Yes the part of the economy it stimulates is the paper pushers in wall street. Even then, if they play the market with borrowed money at cheap interest, they pay tax at 15% rate. Then guys like me and you that may have 401k don't pay tax at all, until they retire and then at a higher rate than a smart day trader.

I agree that there are good and bad regulation. Some of the worst are regulations that prohibit competition in any industry. These would be the EPA making it almost impossible for a start up oil company to drill, transport or refine oil. These would be limiting insurance sales between states or even who can cut hair or sell property. The list of protected industry goes on and on. It's crony capitalism. As far as regulating foreign countries? Fat Chance. It can be cured in the stroke of the pen. You do business here, you pay tax here. Put a deduction tied to US labor that pays tax. Simple as that.

We don't have a deficit problem, we have an unemployment problem. Debt is only bad if you can't afford it. We have never been out of debt as a nation, since Andrew Jackson. He was the only president that put the country in the black. He did it by kicking out the US Bank, the equivalent of the FED, now days. Printed the money, paid them off and told them not to let the door hit them on the way out. It took over 50 years to worm their way back in. The mistake Jackson made was lack of regulation.

[15D]

You will find that the implementation of standard oil break up wasn't done till the 1950s. I know this because one of my first jobs was at a Standard Oil gas station. One day we was Standard oil and the next day Amoco. We washed windshields and checked the fluids and tires. I believe it's all Chevron now, a part of BP.

How do you like your gas bill with out regulation? It was as low as 11 cents a gallon back then and there was competition of hundreds of oil companies. As you can see, deregulation reduces competition, it does not increase it. How many oil companies do we have now? 5 with multiple names?

Globalization, Yes and with globalization we had congress change the regulations for corporations to free them up. Now they don't even bring the profits back home to get taxed. They want the benefit of an US consumer and cheap abundant labor but leave us, the middle class to pay the bill for it. Yes the part of the economy it stimulates is the paper pushers in wall street. Even then, if they play the market with borrowed money at cheap interest, they pay tax at 15% rate. Then guys like me and you that may have 401k don't pay tax at all, until they retire and then at a higher rate than a smart day trader.

I agree that there are good and bad regulation. Some of the worst are regulations that prohibit competition in any industry. These would be the EPA making it almost impossible for a start up oil company to drill, transport or refine oil. These would be limiting insurance sales between states or even who can cut hair or sell property. The list of protected industry goes on and on. It's crony capitalism. As far as regulating foreign countries? Fat Chance. It can be cured in the stroke of the pen. You do business here, you pay tax here. Put a deduction tied to US labor that pays tax. Simple as that.

We don't have a deficit problem, we have an unemployment problem. Debt is only bad if you can't afford it. We have never been out of debt as a nation, since Andrew Jackson. He was the only president that put the country in the black. He did it by kicking out the US Bank, the equivalent of the FED, now days. Printed the money, paid them off and told them not to let the door hit them on the way out. It took over 50 years to worm their way back in. The mistake Jackson made was lack of regulation.

Crony Capitalism; the capitalist has two choices, 1; build or better product or give a better service or number 2; pay off a politician to either gain a privilege or undermine your competitors.

The only answer to solve this is to elect officials of integrity and high moral character, consistently. Seems unlikely, we prefer to elect officials who will steal from someone else to give to me.

Nice touch with the reference to Andrew Jackson, very few realize it has been 180+ years since the US of A was debt free.

[Bubstr]

Crony Capitalism; the capitalist has two choices, 1; build or better product or give a better service or number 2; pay off a politician to either gain a privilege or undermine your competitors.

I have no problem with free market capitalism, but we should have been more conservative with the career politician and the pay offs for favors and huge contributions. If the Corporations are treated as a person for contributions, how come they aren't taxed at 38% like a person? There is a saying about politicians and term limits, "If a politician can't get rich in one term, they aren't smart enough to represent you".

The only answer to solve this is to elect officials of integrity and high moral character, consistently. Seems unlikely, we prefer to elect officials who will steal from someone else to give to me.

Would it make a difference who you voted for? The majority of Representatives and Senators vote party lines. This partisan voting make all of them crooked half the time. Do we really have a choice of representative with integrity? With this really bad two party system, they have sold their integrity just to get on the ticket. You have a choice, despicable on white or whole wheat.

Nice touch with the reference to Andrew Jackson, very few realize it has been 180+ years since the US of A was debt free.

Kinda makes you feel warm and fuzzy, to think, we are still paying for some of the Spanish American war. Do you realize that the US Bank, that Jackson kicked out, bought the US Economy on Margin made up of borrowed money? After they where removed, they purposely undermined the US dollar which caused a recession. Some say Lincoln was assassinated by the Banksters over the greenback dollar. The greenback was not a debt based dollar. Lincoln was forced to print these because of the exorbitant interest rates charged by banks to fund the Civil War. It was a long struggle between a debt based dollar and promise to pay dollar, which the people of the US lost in 1913. We had orrupt politicians back then also.

[racin6mod]

clintons NAFTA ?

NAFTA was signed by President George H.W. Bush, Mexican President Salinas, and Canadian Prime Minister Brian Mulroney in 1992. It was ratified by the legislatures of the three countries in 1993. The U.S. House of Representatives approved it by 234 to 200 on November 17, 1993. The U.S. Senate approved it by 60 to 38 on November 20, three days later. It was signed into law by President Bill Clinton on December 8, 1993 and entered force January 1, 1994. Although it was signed by President Bush, it was a priority of President Clinton's, and its passage is considered one of his first successes. (Source: History.com, NAFTA Signed into Law, December 8, 1993
__________________________________________________ ____
For Immediate Release November 6, 1997
REMARKS BY PRESIDENT CLINTON,
PRESIDENT BUSH, PRESIDENT FORD,
AND PRESIDENT CARTER
IN PHOTO OPPORTUNITY
Inside George Bush Presidential Library
Texas A&M University
College Station, Texas
10:40 A.M. CST


…….
PRESIDENT BUSH: May I inject an answer to a question that has not been asked? I have great respect and I expect -- I'm not trying to speak for President Carter or President Ford -- for what President Clinton is trying to do in getting fast track through this Congress -- through this Republican Congress. And he is doing the right thing. The Congress must support him in the House of Representatives, as they did in the Senate. And I am passionately committed to his position -- President Clinton's position -- on free and fair trade.
And I don't know if anyone wants to add to that. But this is an important moment, given what's happening out there.

PRESIDENT FORD: Well, I strongly reiterate my previous comment to the effect that fast track legislation is critically important for substantive reasons and for U.S. leadership around the world. We've had that kind of legislation since the day I was President and we hope to have it because it's important, critically, to the future of the United States as a leader of the nation.
So we hope and pray you'll get the votes tomorrow, Mr. President.

PRESIDENT CARTER: Well, all of us former Presidents have endorsed not only NAFTA earlier, but also fast track now. In January, my wife and I and others were down in Latin America and saw the tremendous progress being made there. As a matter of fact, the Mercosur countries, which President Clinton visited recently, have already signed separate trade agreements with Mexico, with Canada, and with Europe. And I think, first of all, we're going to get left out if we don't sign fast track and get the negotiations done. And secondly, it's going to be a slap in the face to our natural friends and allies in Latin America.
The last three or four days I've been calling as many Democratic Congress members as I could, trying to get the Democrats to come and support fast track. I think we have a much better chance among Republicans than we do Democrats. So I think we've got a lot of work to do, but it couldn't be a more important issue at this moment than to get fast track approved.

Q How does it look, President Clinton?

PRESIDENT CLINTON: It looks like we'd be better off if they were in Congress -- (laughter) -- and if I was. We're working hard. And let me say, the strong position that President Bush, President Carter, and President Ford has taken is immeasurably helpful. You know we have a lot of opposition, and I think you all know where it's coming from. I wish we could have a secret vote in the Congress, we'd pass it three or four to one.
But we're going to do the very best we can, and we're very hopeful. And we've been gaining ground in the last day -- we had a great announcement yesterday by a group of Texas members of the House, supporting it, and we're working on another group today. We're just going to keep working until tomorrow morning and see where we are. But I think we've got a good chance to win.

PRESIDENT FORD: Let us know if we can help make any calls.

[Bubstr]

What are you trying to say, 6. You wish to spread the blame or acclaim for NAFTA?

How do you feel about NAFTA? Something that allowed companies to pick up and move to Mexico, leaving ghost towns, and evading their tax burden, leaving you to pay the bill for the unemployed. The corporations got what they wanted. Cheap abundant labor, less taxes and still able to sell in the US. What on earth could be wrong with that? Enjoy your Maytag washer, John Deere garden tractor and Ford engine. They only cost you probably $10 an hour in wages and who knows how much extra tax to make up the share of the deserting business, not to mention the loss of consumer sales to the ones that lost their job because of it.

[Clayton_Wetter]

What are you trying to say, 6. You wish to spread the blame or acclaim for NAFTA?

How do you feel about NAFTA? Something that allowed companies to pick up and move to Mexico, leaving ghost towns, and evading their tax burden, leaving you to pay the bill for the unemployed. The corporations got what they wanted. Cheap abundant labor, less taxes and still able to sell in the US. What on earth could be wrong with that? Enjoy your Maytag washer, John Deere garden tractor and Ford engine. They only cost you probably $10 an hour in wages and who knows how much extra tax to make up the share of the deserting business, not to mention the loss of consumer sales to the ones that lost their job because of it.

Got to compliment you when you make a pretty good post!!!

[Bubstr]

Got to compliment you when you make a pretty good post!!!

I cheat, It's easier when your not confined in the democrat or republican box. The only hard part is when you don't have them telling you what to think, you have to do it for yourself.

[Clayton_Wetter]

I guess I didn't emphasize "WHEN" enough!!

[racin6mod]

What are you trying to say, 6. You wish to spread the blame or acclaim for NAFTA?

(Just pointing out we got screwwed on nafta way before clinton took office GHB had this deaL started and was pushing hard to get it done. I would like to hear how they think it has turned out.)



How do you feel about NAFTA? Something that allowed companies to pick up and move to Mexico, leaving ghost towns, and evading their tax burden, leaving you to pay the bill for the unemployed. The corporations got what they wanted. Cheap abundant labor, less taxes and still able to sell in the US. What on earth could be wrong with that? Enjoy your Maytag washer, John Deere garden tractor and Ford engine. They only cost you probably $10 an hour in wages and who knows how much extra tax to make up the share of the deserting business, not to mention the loss of consumer sales to the ones that lost their job because of it.

yes and some companies have taken to the middle east for cheap labor and no insurance to drive cost up! Ford motor company is leading the way. they're looking at Iran for cheap labor now and are forcing ther suppliers to do the same. they want to do bussiness in the same way they did in the very early 1900's