Also in this playlist...
This transcript is automatically generated
Catherine I say yeah good to see you Greta and I should say we're gonna are we picked that you didn't just so that they're investing in -- and on the cars and I would that we exist on.
But I ran around Iowa a lot these days I'm glad that we get to meet up here to point OK good I collapsed when we first talked about this solution and today secretary of energy -- testified.
And he said today he describes what happened with the solution.
-- that the American taxpayers on the hook for about or five and 28 million dollars.
Is his words were extreme and force it.
That's the understatement of the year this is the height of crony capitalism this is pres Obama's political donors.
He's paying off and essentially that the president -- -- -- -- one of his fund -- into the Energy Department.
To point out.
Which -- -- should be made to which person that -- political donations to the president donations are made to companies like excellent record companies like lightsquared.
Companies like beacon power now there's a new ones that came out I think it's that -- -- Yet this is really serious this year you're talking over 500 million dollars they're going after companies at.
No chance of being successful and based upon a political donation is crony capitalism that's.
-- what he's senate implant just they have -- sorry.
He said that without the decision to give them loans -- and I and I assume he also meant -- restructuring that was now which put the American taxpayer and the end of the line.
That the White House didn't pressure him.
Well but the point is it was time.
Because again what happened -- I think it's important point out what you just said.
There was a restructuring after the -- already if they don't loan and the United States at a lower position to get paid back.
-- that's unprecedented.
And instead of political donor -- Obama was but at the top of the heap so that they would be the first -- paid out that's wrong plus it's also important.
That the white of the person dealing with those long.
Was also represented the law firms later this is dirty in every single aspect represents the very worst.
Washington but the worst of what -- -- doing which is thrown me.
Capitalism hang up political donors -- taxpayer money or favors that's what's should.
Say can't energy Q there's -- -- be fired.
I think that he should resign and I think that President Obama should fire I think that this is clearly bad dealing.
Not just that long but other loans that are suspect.
And you can't connect to the American people this is really about the American people.
And the source -- -- government picking winners and losers government does it over and over and over again it never works government -- get out of that business.
Make the playing field level and companies -- are companies fail.
And that's how the United States is always worked some companies may get some companies don't.
The federal government should be yen this business financing certain companies at the detriment at the expense of others.
He hasn't seen the Republicans who our.
In this and announced the -- in the field who are raising elements whether they're not talking about the company capitalism but.
Even if you put the best.
Look at in this and it wasn't -- capitalism.
It was incompetent and passed me as a really bad decision we know instantly now like well you know I -- I that are currently not -- well crowd -- what everybody sees it.
Is that the question of -- you know.
Is it Smart to have someone in the job was made such a profoundly.
Bad decisions in that it was done a good heart good mind this is a really bad decision.
It was a really bad decision as it is exactly right but it's -- the idea that.
This isn't just a one time occurrence that is at one time occurrence -- very suspect but it happens over and over like lightsquared.
That was a decision that was made to get bandwidth next to the GPS devices and if this is national security implications.
Because -- lightsquared.
That is the GPS devices would be compromised for military aircraft and commercial aircraft they can essentially go dark.
In the Obama administration is pushing giving as they have with the lightsquared.
At the detriment.
Commercial aircraft this is something that theory wrong and it's an idea of picking winners and losers.
Based upon political donations that's criminal I think that's criminal it's morally and ethically bankrupt but it's also -- -- attempt at a very loosely it's one is insurance and I -- -- it's a criminal means it might -- you know I was in line for six hours to get some -- which is not a prop it up I -- -- -- -- -- and in a -- since argued and believe that there isn't violates of -- code -- -- that this is a criminal violation.
I genuinely believe that it's on -- wrong.
-- -- -- -- that better be up for people injustice to make that decision as far as crime because I certainly wouldn't be wondering at.
But I do think there's something morally reprehensible.
That it rise to a rises to a lot well.
Has the president United States using the United States government -- purpose Kate -- political donors that's asking mr.
That's gangster government and you have a government pay out your political donors.
To pay -- York -- that's wrong.
Is it just you are seeing it is morally wrong here and you're not it's not they're going to have an opinion OK -- I don't do criminal work today and I did criminal expert -- -- -- -- there.
I -- do -- white collar crimes I can't tell you.
From my memory that's that are not going back to law school days but rebels think I would want now that is a crime is it should be prosecuted.
-- some insurance -- that are now unemployment claims good news.
This last week lowest since early April -- -- 388000.
Of course that sense of -- that's going down the right direction.
That's a fourth decline in five weeks.
Does that mean this is good news.
It does this mean that the stimulus program February 09 the president's signature program may be working.
No absolutely not I think what it means is that the stimulus is over is stopped working its way through the system.
And now the economy is trying to recover.
Each had mono ones as the economy's recovery they automatically do the president I have in the stimulus has -- programs.
Have extended the recession far beyond what they wouldn't get otherwise so this is good news 380000.
Is still too many people that are filing unemployment because usually with the economists say is we get to 400000.
You're going backwards so we're about.
Right if it's if it's 388000.
That -- were only 121000 claims away.
From going backwards so we're still in very dangerous territory with unemployment.
But I've always welcoming any good news that we can possibly get on the horizon.
People's that -- look at Iowa -- of the biggest Imus thing last obviously -- the Strobl he had taken the state by the storm.
Not out here is seen at least by the posted -- struggling.
What happen or what are you doing.
I think a lot of that is a functions in the -- which which candidate -- that the media follows in the -- candidate will tend to -- in the -- it's kind of a self fulfilling prophecy.
But I think again what we've seen as almost like wall -- got up and down on the stock market.
No one has ever seen a political market like this -- -- the fortunes of candidates rise and fall.
You might not.
What I'm doing here and in -- I was exactly what I need to do.
And meeting with people just as I did before and we're seeing -- turn here in Iowa event wonderful meetings with people all across the state.
It -- people unlucky at the candidate that is the most conservative -- -- candidate I've -- that candidate.
I haven't had a gap for something that I've done is cause me to -- in the polls.
People see you see in me someone who's genuinely a social conservative a fiscal conservative and national security conservative -- -- -- are here are in the whole package.
And when it comes to the best Republican who could take out Barack Obama and not have any clunkers and my record them to take him on -- me.
And I've been involved as a private citizen for fifty years for the last five years.
I've been an alliance in Washington DC.
It's not a record that I'm very proud of and I'm happy to take him on in the debates to hold them accountable for what he's done to the economy and the country.
And our national security while he's.
So they cannot find you mean the allegations.
Herman Cain that there were two women -- that this -- rest.
And you -- -- Governor -- unfortunate 532.
-- gap gap at the one of the debates is that that clunker that brings people down.
Those bunkers so -- people that -- candidates in the polls I have -- something like that.
But what I bet you that if you do you have below gas -- that recently but add that the historic reference -- massachusetts' -- and yet again.
-- -- us Presley's birth -- wrong but I don't think that the disqualifying factor for being president had states.
What I did do is stand up loud and clear as -- but -- voice last summer.
When we were dealing with the debt -- And I said let's pay off the interest on the debt today but let's also prioritize our spending let's not do the super committee.
This super committees giving -- one of two very bad choices one says let's raise taxes.
Bad decision I signed a pledge and I think that means something not to raise taxes I said let's not raise taxes on the American people hurt the economy.
But the other choice for the super committee is cutting 600 billion dollars out of national defense.
That's a terrible disaster -- the president has engaged our military.
In more venues -- never Libya you've got that now is just made -- decision -- -- 500 troops in Australia.
In addition to the work that we're doing.
In Iraq and Afghanistan and in light of the report came out I EU -- that Iran could be nuclear power very quickly.
In light of that to cut 600 billion dollars out of our military in addition to 400 billion.
We're guiding the military and according to secretary of defense and -- -- we're looking at shooting ourselves yet when it comes the military that's a very bad decision and so what we need to do is this.
We need to prioritize right now we need to reform entitlement programs right now.
And we need to have a dramatic cut in the spending that we have we're we're building up a welfare state.
That's not helping our economy we need to be a pro growth economy not -- welfare state economy and that's what I wanted to focus on innovation and job creation.
Not I'm building up well.
There's no easy they talk about it cutting entitlements there's a reasonable dissent that suggests that we're at exactly that Republicans at something -- 6% of Americans -- Republicans.
-- for the rich for -- Well nice image so when you start at about entitlements that people may need -- out it's the least bit feeds into that that.
-- well and that's why people need to now in the last quarter with political donations.
I had 97000.
Donations and average donation was 42 dollars.
It isn't rich people that are getting behind my candidacy it's real people that are getting behind my candidacy.
Because they see ever real person I was born here in Waterloo raised in Cedar Falls.
Boards are very real family and it -- certain point we went below poverty.
I know what it's like to have to struggle that's -- I did when I was twelve years of age.
I had to buy my claws I'm blast site in my -- once it's -- my mother did especially.
We just -- happening.
I'm a real person and I get how real people have to struggle.
But what I also know -- what people want more than anything is -- growing economy and job creation I also know how to do that.
Because -- a federal tax lawyer I get the economy.
And I also get job creation my husband I started with absolutely nothing.
And with a little money together we started a successful business we run into profit we -- -- profits a good thing.
It's I can't let that one of our economy which is small business new business innovation and job creation I get that and that's what I want to hear.
-- -- -- -- And when when the congress to present couldn't agree on debt limits.
-- debt ceiling.
Last August it specifically was created -- until November 23 with a -- in the event the deal doesn't happen there's been trigger with a -- is certain number of cuts that.
Defense Department and a certain number two the entitlements and that will make a lot of Americans mad -- either side Republicans and Democrats across the country in rates.
That doesn't go -- to the fact though until if if we could until January 2013.
After the election.
I think Peter wells last night -- greeted me that that is so outrageous outrageous I I am going.
In the next election absolutely I absolutely agree -- everything congress does everything the politicians do is kick the can down.
I think they can't -- it's a -- taxpayers and it is starting to delighted to do your homework late but the fact is that they wanted to almost -- -- gonna alienate Republican voters and democratic voters as well but it's gonna happen after the election so that that he won't be taken out.
On the incumbents come back whichever way you what generally if bonds Republican Democrat.
And that's Ron just like pres Obama set the date for implementation of -- here until after the next election.
That he kicked the can down the road on a lazy I want but he's thinking thinking I don't think it's almost like it is what it is such erratic it is kicking -- -- -- in -- he just -- -- the -- impact.
Of this bad decision.
Won't be felt by the voter until they've already -- cast their vote at about box it's disingenuous it's gone.
Hi Hillary it's CD -- -- -- kick it out it's actually asking for copper.
Course that's -- we're not doing the job right there and it isn't that but that's them.
-- things that politicians are doing and I disagree -- and that's why I was a long voice last summer when I said.
We've got to do our job now they're 535.
Of us we were sent here by people to do something.
And the big message that came out of the 2010 election -- is.
People upset about the stimulus was too much money -- trillion dollars that are a lot of -- from -- people were upset.
He had people were very upset about president Obama's signature issue.
Which was obamacare.
So they don't want more government spending didn't want the government takeover of 16 of the economy.
What politicians do last summer they decided that they weren't going to make the tough decisions that had to me they're gonna give it to just twelve people.
Kick it down for five more months here we are it looks like now we're told that the -- -- -- -- about plan B rather than planning.
It's it looks like that's going to crash and burn into the wall.
We've got to have a big dose of reality we have to look at -- -- and recognize.
That our country is in deep trouble was spending.
Fifteen trillion in debt fifteen trillion GDP.
We have to recognize it's like we need intervention -- we have to sober up because we are in the same predicament is Italy the only.
Fact is there's -- France and no.
Germany it's gonna bail us out.
We here at the last exit ramp in our society be able to get back to prosperity.
We just have to recognize it and -- living -- a fool's paradise we can't borrow 43 cents on every dollar -- somehow think everything's going to be okay.
I just finished second -- 500 college students -- -- university.
And their lives are on the line futures are on the line they're not going to have the jobs of the prospects -- I had there the very first generation I told them.
You are the first generation -- -- -- markedly reduced standard of living in other words it's going to be very tough for you to -- -- very tough for you to buy -- car.
Very tough for you to live financially.
First generation 235 years of American history.
I don't want that for them I have three kids in college myself right now I have one -- -- -- -- position another one who's out.
Been in teaching for two years I don't want their life to be reduced standard of living that's why I'm running for -- Do you think they'll have a hole in the future do you think he -- president.
Differs with -- president Bob you blind and there's there's a difference in how they're going to achieve it are real difference.
And I am the candidate all candidates was bought obamacare more than any other.
I didn't implement it I didn't get behind it I didn't have the idea -- -- -- 40000 Americans to Washington DC to fight it.
I wrote the legislation to repeal it.
I think one candidate it's going to stick with obamacare to repeal it it's going to be like pushing -- granite boulder up a -- to get rid of it.
Because all the special interest -- together to pass obamacare.
We have to repeal it so that we did -- deal with the real cost of obamacare which is costs costs are shooting up.
I want to bring costs down and held here.
And we do that by letting people buy their own health insurance -- tax free money and letting them by any policy you -- the United States with no minimum and it's having.
Medical malpractice reform.
Those are some of the things that we need to do to bring costs down but obamacare socialized medicine.
That's only going to Jack up costs that's going to bring rationing of care policy.
Passion thank you very much thank you.
Filter by section