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tv   Washington This Week  CSPAN  August 21, 2011 6:30pm-8:00pm EDT

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any kind of agreement with democrats or president obama who has arguably strength and the federal role in many ways on education. >> the question i had about the tea party, there in ascendance right now, and their point of view is going to have a big impact on the debate. >> can i ask with your understanding of their point of view is? >> i think they believe it should be left locally as far as you can get it. a lot of candidates are essentially saying the federal involvement in education is this side of evil.
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10 years ago when a child left behind was on the hill, the debate was not anything like that. the debate was, how can we get this thing done? it was post-9/11, obviously, so there was a lot more cooperation going on. >> are there any aspects of no child left behind that there is consensus have worked? >> generally speaking, i think folks like the aggregation of data. seeing how different types of students are performing and standard tests, english- language learners, special education, minority kids. >> the secretary called for a national debate on the kind of educational system we want. where, in your opinion, does
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that debate start? >> good question. >> this very diverse country, is that a president that puts a plan for word in the white house? >> a lot of people called for in 2008 and i do not know that it ever got a lot of traction. they spend millions of dollars trying to get education on the front burner. >> i am thinking of your example of finland. >> we are in an election where jobs and economy are the only real issue. i just think it is going to be a very tough sell. >> i think you will depend a lot on who the republican nominee is. i think of governor perry does become the republican nominee, he is really the anti-obama on a lot of education issues.
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race to the top, texas is one of the few states to never applied, a common core, they're one of the five states not participating. i think if he is the candidate, it might make education more of an issue than it has been historically. >> texas is struggling. they have a low graduation rates, but it is an enormous state and they do have challenges that other states do not have. i would not want to speak for the entire state. >> do you believe pell grants and other education initiatives
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will survive the super committee? >> that will depend on how much money the education department has to work with on the year ahead. >> certainly, if they cut domestic discretionary spending significantly, the pie for education will get a lot smaller at a time when state and local officials are cutting education spending to the bare bones. >> thank you very much for your time. we appreciated. nice to have you here. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2011] >> a look here at al-jazeera and
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english with the developments in libya. the rebel stronghold in the east of the country. the capital city tripoli. rebel forces are reportedly taking control of neighborhoods in the capital. they are pushing for the overthrow of libyan leader mall marc gaddafi. >> let's leave it at that. that was a political activist in the libyan capital of tripoli. let me update you, our viewers, an incredible night of events.
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you are looking care at a rebel stronghold where thousands of people are pouring out onto the streets. wereo of gaddafi's sons arrested. another son surrendered. al-jazeera was earlier playing an audio message from the libyan leader where he was urging his supporters to fight the rebels are approaching the center of tripoli. listening in to al-jazeera for just a moment. >> but go back. what are those tumultuous scenes in the rebel stronghold. talk about what has been happening there. >> what has been happening is that after the evening, people have started to come out to the streets.
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they started the celebration 24 hours ago. the news came through that the uprising had begun. >> the u.s. state department says that it is closely monitoring the situation in libya. the u.s. is encouraging the rebel council to plan for a post-gaddafi libya and that gaddafi's days are numbered. we have continued coverage from libya on the c-span networks. >> some of the -- >> texas republican congressman and presidential candidate ron paul was the keynote speaker in orlando. he talked about the current tax system and the federal monetary reserve policy.
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>> thank you for coming and thank you for the very nice reception. thank you very much for helping out. this year, i particularly wanted to make sure i made this meeting. we have that little straw vote last week. i wanted to let you know about the results. i came to let you know how things came out. [applause] someday, when this momentum continues, which it is, the crowds are getting better -- bigger, the enthusiasm is getting louder, pretty soon, we
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are going to get some of those big interviews on sunday morning. who knows? it is great to be here. i would like to talk about what i talk about all the time and that is liberty. we have these particular believes that we believe sincerely in the constitution. they are strange. there is something odd about them. i want to talk about what is going on in this country. i think the oddballs have been in control for way too long. [applause] the one issue i have talked
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about for a long time and motivated me us in the early years of me being involved in politics and the monetary system, just think about how often they say that this idea of commodity money and gold and the constitution, how silly it was. the other day, i read something that i found entertaining. the person that was writing this said that if ron paul has interesting ideas about monetary policy, it is preindustrial. i got to thinking, does he realize where this country is moving? what happened in the last 40 years? we have ben deindustrualized by this paper standard. monetary policy is key. the key for those who believe in
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the entitlement system, the key for those individuals that will finance wars overseas, it is a very important issue. when you think about what has happened over the last hundred years since we have had our federal reserve, you are going to have to keep up. i have to check every morning how much we have lost against gold. it is about 99% of the value of the 1913 dollar we have lost. they want to say that this is a good system. purposely devaluing the currency. after 100 years, it is time we reevaluate it. we should come to the conclusion that we do not need a central bank. we need to get rid of the federal reserve system. [applause]
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when they tell you it is a silly idea to think about gold, how silly is sit writing numbers on pieces of paper? they want it that way. they know it serves the special interests. it serves the interests of big corporations, the military industrial complex, they know they can make a lot of money getting a hold of that money first. if they can control the money, they can control the ability to inflate at well. they also can bail themselves out when necessary. that needs to come to an end. we need to do a lot more with our middleclass. [applause]
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it is pretty bad when the congress goes and inflates and has the stimulus programs. a billion dollars here, a billion dollars there. it is a lot of money. it is minor compared to what the fed does. they believe that they should be able to do it in secret. if we do not get rid of the fed, we should at least be able to audit it and find out exactly what they have been doing. [applause] they have been pumping around $15 trillion the last four years. a third of that went to foreign central banks and federal governments. this is such an outrage. when the people here this, they become, raged. the truth is that i am very
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pleasantly surprised that we are this far along on delivering this message. four or five years ago, before the last campaign, nobody knew how many people were out there that had already thought about it and what about it. here were thousands and thousands. i believe that there were millions and millions of people who are now aware of what is going on. here we take a monetary system. they argue the case that printing money is real. we should do it in secret and bailout the special interests. they mock the idea that we should follow the constitution. only gold and silver can be legal tender. how do they protect your system?
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it by force. they use the force of government. the legal tender laws, they say that you must give all of your contracts using paper money. if you are so eager and so bold to think that you have the right, because of the constitution that you have the right to use gold and silver coins, even those that were mentioned by our government at its dulles as legal tender and the constitution says it is legal tender, they can be arrested and put in prison for this. charge with counterfeiting. to use american money is counterfeiting. the counterfeiters are over at the federal reserve. [applause] it is an absolute economic fact that by duplicating units of money with nothing behind the
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currency but to just duplicate paper money, there is no additional wealth put into the economy, none. all that it does it isdilute wealth. they have been doing it for centuries. it inevitably wipes out the middle class. in recent history, mexico has gone through runaway inflation. germany did it. zimbabwe has done it. south american countries have done it. it has been done so many times. yes, inevitably, the only way to restore confidence is to go back with real money. when we will do that, the people have to believe the individual is doing it. if at they announced that
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tomorrow, we are going on the gold standard, we will make 115 hundredths of an ounce of gold and we will honor that. we will not change our foreign policy, we will not change our deficit, who will believe in it? nobody will believe that. we have one bank example in our history when we did that. that was after the civil war. they had a resumption act. it took three years. they quit printing greenbacks. we did not have a welfare state. we did not have an empire. after three years, the price of gold went down dramatically. it was a non-event. today is so different. you have to deal with the role of government. the more important thing is to have people in government, individuals who you can trust and understand and will not lie
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to you. [applause] as bad as it is in washington from the top down and as bad as it is that we are suffering from the consequences of teaching by socialism and inflation ists, it is much the people's fall as anybody. we were in an audience like this. we know what has to be done. we are still numerically a minority. more than half the people in the country have become dependent on the government. any attempt to do it will make people very angry. we have seen this happen in the states that try to correct things. they are angry around the world. they are very upset about what is happening. prices of food are going up.
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they do not know that the world economic system and monetary system has been manipulated by us printing so much money. they are reacting to prices going up. they therefore back -- act out. they are capable of doing it in this country. the people have an appetite for big government. we have a large number of people. i meet them on the stage is when we have debates. they do not think we have enough wars going on. they think we need more wars going on. thank goodness we are breaking through on that. the people are with us on that. you have robert gates coming home and finally getting out of the business saying anybody who thinks we need another war needs their head examined. i agree. [applause]
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if we allow those who find special reasons for wanting to keep our presence around the world, so many bases in so many countries with no real effort to bring the troops home, there was an announcement that we are working on an agreement with the afghan government to stay, because they're inviting us to stay, until 200024. sure, sure. the odds of us leaving iraq, what are the odds? i think slim to none until we are broke until we get somebody in office that would change the foreign-policy and bring our troops home. [applause] sometimes, little item stand up bigger than the trillions of
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dollars. it is hard to comprehend the trillions and the hundreds of billions. there is one thing that went on in iraq that i think you can remember. it makes them look silly. they decided after reconquered iraq and we had it all of that over there. we conquered them and we started having the green zone. we built an embassy in the green zone. the embassy is as big as the vatican. recently in the dod budget, they put funding for 17,000 people to be employed in the embassy in iraq. do you think they are planning on coming home? the suggestion would be is if you're going to save that $1 billion, we should save the billion dollars, but half of it into deficit reduction off and put it into some program at home
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where we can help people that have learned to be so dependent on the government just to stay alive. that is the solution. it is not spending money overseas. take those 17,000 jobs and make sure that there are jobs at home, not overseas. [applause] the president can do without congressional authority, he should not go to war without congress' approval. the one thing that a president can do and i would do, i would and the wars that are undeclared and unconstitutional. -- end the wars that are undeclared and unconstitutional.
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the commander at in chief is in charge of the military. he can direct the military. we can bring them home. do not bring them home to fast. we do not have enough time. they ship them off rather fast. why can we not ship them home just as fast? just in the war zones in the middle east. it is in the perpetual occupation of countries that we do not need to occupy. that is out to react, japan, and germany. all of these countries and the nearly 900 basis we have. close them down, bring them home. you will organize the military sunday. get them home. you think of how many people would be spending their wages at home rather than in the german
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economy and japanese economy. that would be like a stimulus. [applause] the big issue in the campaign has been the economy and jobs. how the interviews have been pretty good. you get 30 seconds or 60 seconds. what are you going to do to turn the economy around? you answer in 30 seconds. they took 30 years to mess this up. you are supposed to answer in 60 seconds about how to correct this. i can lift a few things in 60 seconds that would help a whole lot. have some money, and get rid of regulations, reduce taxes, and bring our troops home, change
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our foreign policy, lo and behold, that could be very, very helpful. repeal the laws. that does take a while to get a consensus and how this happened. the most important thing you have to do to turn it around is that you have to get rid of the mistakes that have been made. pricing in the free market is crucial. they said that some socialism cannot work because they do not have a free market pricing structure. it is impossible to work. it can see in this sum, we fix the prices on one half of its period we fix the prices and fix the interest rates. this causes all of the distortions. you cannot get back to grow until you get rid of the distortions. you have to liquidate that and you have to get rid of that.
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politically, that is difficult. people do not want to do that. they are frightened. when the crisis came in 2008, it was announced that if we do not bail out the banks, everybody is going to suffer. we spent trillions of dollars bailing out the people that lost all of this money. we still have the debt on the books. it was shifted from the wealthy to the port. it is on our monetary system. that has to change. what we should have been doing in 2008, which has been said by many economists, when the crisis comes and somebody is bankrupt, you have stricter regulations, you messed up, you go bankrupt and wipe the debt off the books. you do not go to the people.
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we have lost confidence in freedom in general and an understanding of how free markets work. we have an talked into saying that there is always going to be people that will need help. therefore, we have to help them or they will fall through the cracks. when you do it their way, the cracks get bigger and more people fall through them. you say, we always get charge was saying that if you do not help those kind of people, you do not care. you have no humanitarian concerns. i have come to the conclusion that if we do have humanitarian concerns, the best way to take care of human needs is to have a free society and a free market and sound money. that will take care of the maximum number of people.
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they are always saying and charging us with this not caring. if you sacrifice a little bit of liberty, we have to help those in need. the reason i think that is wrong is that it is not morally right to steal from one group to give to another, regardless of what their needs are. economically, it does not work. it is not constitutionally authorized. when you help a little bit, you have sacrificed 100% of the principal. you have been forced redistribution of wealth. it is bound to grow. it is like saying the income tax is not so bad if is 1%. like it started out. the government owns all of your
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income and they will let you keep a certain percentage. that is why the income-tax is the worst kind of tax on a free society. [applause] i think so much of what we have done in the last few decades has been undermining this principle of our personal liberty. so many have not understood exactly where our money comes from. they think it comes from the government, that is why they are in our lives. we were voting on something that was protecting the consumer. i said, why do you have to do this? he said that the people are too stupid to take care of themselves. those are the words that he used. they believe that. they do not recognize that.
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we cannot argue that there will be no problems in a free society. they would be minimized. there would be a lot more wells in the country and there would be a lot more charity in the country. as soon as you do the government, you destroy the wealth and you destroy the free market. what we have done is that we have undermined across the board whose life is. the government assumes it is their money. the government's money. it is your life. the basic principle of the draft is that we can draft 18 year-old to go off to war. i know there is not a draft now. young people still have to register. in case we need you, we will ship you off. the most outrageous suggestion i hear, there is a famous liberal economist today arguing the
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case that war and depression and recession. that is a criminal thought as well as it is absolutely wrong. it was taught to so many of us in school. the depression ended with the second world war. it is because they hauled off 16 million americans and put them in uniform, the unemployment rate went down. they were getting shot and killed. the prosperity did not come. it came well after world war ii. this idea that when we get into trouble, that you have a war and that will stimulate the economy. it does not. it read directs the investment. there will be war profits. you build a bomber and it goes over and it gets blown up, it did not increase our standard of living in any way whatsoever.
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it is a dangerous thought. governments think that they own us and control us. they do that with the assumption of foreign policy. they use are young and send them off to fight these wars with no purpose. they do it in economics assuming they have to regulate you to take care of view and tax you can assume that they own you. what about the other sense? they are convinced that you cannot protect yourself? giving up liberty in order to gain protection from the government is foolhardy. we should never have to give up any of our freedoms to provide security for ourselves. [applause] in a personal way, this attack has been systematic for many, many years. it has been done with this ill-
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advised war on drugs. think what they do regulating drugs. i thought we had a pretty good test a prohibition back in the 1920's. we had to appeal it. we have spent over a trillion dollars in the war on drugs. we have not gotten rid of the drugs. we have got rid of our liberties. swat teams going into the wrong houses and killing people. it is your life. if you want to do something dumb, you are allowed to do it in a free society, but you cannot beg other people or how the government take care of you if you are going to do dumb things. one thing that has always been hard for me to understand is that our country is still pretty good at protecting religious freedom.
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basically, most americans say that you have no religion or any religion. that seems to be fined. we protect intellectual freedoms as well. when it comes to your own body and making the decisions about what food to eat and what you drink and what you smoke and what you do, your personal habits, there are a bunch of liberals and conservatives saying that the people are too dumb to protect themselves. we know what is best for them and we will take care of them. that is insidious in the culture. there is this believe that you need some nanny state to take care of us. the society that i do not want is when the government controls on us, whether it is financial control, personal control, a religious control, or controlled by forcing us into these wars. that is not what we need.
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we need to stand up and demand our freedoms. [applause] nobody will forget where they were on 9/11. those were difficult times. especially for those of us who were explaining what 9/11 was all about. there was a fair amount of legislation that came up. the first bill came to the floor to rectify these problems that
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existed was not to address foreign policy or asking questions, why do people commit suicide terrorism? where do these people actually come from? it was not iraq. what we need to do was to pass the patriot act. which makes no sense. one member of congress said, why are you voting for this? you have not had a chance to read it. how could i not vote for the patriot act under these circumstances? how could i go home and explain it? i said, that is what your job is. almost every bill in congress has a title that is exactly opposite of what it does.
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this is a perfect example. had it had the proper -- proper name, it would have been the repeal the fourth amendment act. most likely, it would have had a difficult time passing that piece of legislation. how in the world can attacking your freedoms and initiating this attack on our privacy, searches without search warrants, all the way down, we have to go through airports. why we are suspected terrorists without probable cause. and we are treated that way. if you are involved in a monetary issue, you might be charged as a terrorist. the term is to run around. how will passing the patriot act make us safer with darkened understanding of what is going on in the world? it is an attack on our personal
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liberties. liberty is the cause. that is why we continue to campaign for liberty. that is why this organization is so important. to change the situation in washington. i am astounded at what has happened since the last election period with the campaign for liberty going on across the country. we have not counted up all of the different offices and state legislatures around the country. they are numerous. that is where the encouragement comes from. the ideas are alive and well. yes, we have terrible problems. yes, they have undermined our liberties. we still have some left. we still have the opportunity to elect different people in washington. right now, we have a tremendous opportunity. the evidence is crystal clear
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that the views of the last century on foreign policy, the evidence is in. they have failed. our views are now appropriate to be put in place. [applause] we must remember that armies cannot stop an idea whose time has come. i believe our time has come. [applause] the country is waking up in due to all of the evidence that we have seen. the political landscape is changing. they are desperately struggling for that single candidate that
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will capture all of america and can represent the status quo. it does not look like they're finding one very easy. that opens up the door for us. i truly believe that. [applause] the great strides have been made with the grass roots, the tea party movement, and the changes going on. this is all but official. it is a big reason why the tea party movement arose. it is not so much that we know exactly who is in the tea party of what their beliefs are. i remember when it got started back in 2007. [applause] there was a necessity for a group of people to stand up and tell it the weight it is and
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speak out against this party system that we have. we do not have a two-party system. does medical care programs change with the republicans versus the democrats? does the entitlement system changed? does foreign-policy changed? no. they endorsed the same ideas. they have been taught by the same people. we are standing up and saying, we can get their attention. we do not have the opportunity to do it in a third party. i am always annoyed by the fact that we know what one of the excuses has been for us to go overseas. it is a real stretch of their imagination. we are overseas to spread our goodness and spread democracy. at the point of a gun? we are going over and killing a lot of people.
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a lot of people are getting killed. we are spreading democracy in the world. our democratic process where we can have different competing parties is virtually impossible. it is so difficult. i tried it once. i spent most of my money to try to get on ballots. it does not happen. this is the reason. there was a need and a vacuum. something had to be done. people got so incensed. they were following what was happening in 2007. i have to admit, there have been a few that have come over to join and get some of the benefits from the tea party movement as well. nevertheless, i think it is very, very healthy. our job is to help define that movement. i think that is what campaign the party has been doing and will continue to do.
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we have to wonder stand with liberty means. it means personal liberty. it means a different foreign policy. it means a different monetary policy. it means a different economic policy. this is where the progress has been made. at the universities, young people a lot of times represent any significant change. if we had no young people and the campuses were dead and totally uninterested in what we were doing, i would be discouraged. today, this is the place where we get a lot of attention. the young americans for liberty. [applause] it is an outgrowth of the campaign for liberty. he has done a magnificent job. he is getting hundreds of organized individuals around.
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i believe that a significant. people have access to so much more information. i'd this -- i struggled in the 1950's. there was a lot of that i did not fully understand. i was looking for information. i was trying to figure out the plain truth. i did not learn it in college. the desire to find it motivated me to keep moving. you do not get it from the professors. you had to get it elsewhere. you to get a lot of credit back in those years back to how the foundation for economic and -- economic education helped me. there were so few people try to keep it together. there is a remnant of society that hold things together. we still do not know how big the
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remnant is. it is a lot bigger than i ever dreamed it was. [applause] there were a few of us and a few organizations. now they have blossomed. they have blossomed and invaded the it universities. the professors that are getting into the colleges are associated with free-market organizations. this is magnificent, what is happening. this makes the big difference. again, the dissemination of and for mission whether it is political information. it comes through the internet. it is magnificent. it is a real tool. so, there is reason to be very
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concerned. i talk about an believe very sincerely, i do not claim to be a prognosticator and claimed to know when things will happen, i think good economic thinking, of printing money, your dollar loses value. i think the dollar is in a crisis. it is pervasive. it is around the world. it is the biggest bubble ever. all other countries use dollar in their reserve. it will not just be one country. it will not just be greece, it will not just be the united states. people are rushing into something that they can fully trust. putting money into the bank does not help you any more. they are taught about charging you to put money in the bank. nobody has any confidence. this is a sign that something big is coming. this week, we saw the consumer
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price index going up at 0.5%. housing prices this week are continuing -- housing sales are continuing to go down if you look at the prices of houses in the last three months, they have been creeping up. all things of real value, they're eventually will be a need for those things. i think that is what is happening. we have this opportunity to use all of these issues. the world is changing, the attitude is changing. the understanding is changing. there is a lot of room to be optimistic about our opportunities. as bad as things are, it will not be easy. we are much better off than we were five or 10 years ago. many of us were concerned at that time.
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the evidence is in now. they know that these problems are here. they are being so much better received because of this. freedom is the answer. bringing people together. i feel so emphatically positive about the benefits of liberty. i do not shy away from somebody saying, i do not care about people. it is only a free society that cares about people. that is what we have to convince people of. the magnificent thing about a free society, it is not judgmental. you judge the life of your kids or your family. you made be judgmental in the sense that you know right and wrong. it is not judgmental in the sense that we write laws that decide how you spend your money and what you should eat and whether or not you should drink raw milk or not.
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we should not do that. [applause] i am convinced that it brings people together. i am convinced that this philosophy prince together those who claim that they are progressive and those who consider themselves moderates and those who consider themselves conservatives and libertarians. they all have bits and pieces of the freedom ideas. there is no reason we cannot work with people on those issues with which we agree. this is the way that people feel less threatened and will come together. i claim that i have worked as well with any other group in washington and then anybody but instead of being stereotyped and saying that i am right wing conservative and i do not talk to people on the progressive side. you get a lot of support from progressives that are sick and tired of obama's wars and
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attacks on civil liberties. [applause] in a history of freedom, it is a rather young philosophy. authoritarianism is the way the world has live throughout much of history. that is people wanting to run each other's lives. having dictators, czars, kings, people telling each other what to do. we did have a good start. it introduced us into an age where we recognize private property and contracts and self- reliance and not a welfare state and not a world empire. we have this task and we became the most prosperous nation in the history of the world. we are still very wealthy. the problem is that we destroy our production and we got careless about what liberty is
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all about. prosperity is very, very fragile. we destroyed the foundation. it is not going to take a lot to push the whole house down. we need to restore the principles of liberty. when we became a prosperous, people became infatuated with materialism. materialism is wonderful, it is perpetual, all that we need is a government that will help redistribute it. we forgot about the principles that produce the wealth. we think we can do this by spending and deficits and printing money and not addressing repairing the foundation. we are kidding ourselves. we have this opportunity. we have the people coming with us. the evidence is so clear that it is failing. government is failing around the world. the only question is, what is it
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replaced west? are we going to go backwards and get dictatorial powers? are we going to allow this to be slipping away from us? can we restore that? can we get the people to say, let's use the remaining freedoms we have to defend our liberties and defend this great country of ours once again? thank you very much. [applause] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2011]
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>> texas governor and republican presidential candidate rick perry was in new hampshire where he questioned the global warming and the president's economic policies.
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>> people have asked me, why are you running for president? to get america working again. america cannot endure another four years of rising unemployment. it does not feel like a recovery. i am sure it does not feel like a recovery to those who have quit looking for jobs. one out of six work eligible americans cannot find a full- time job. that is not a recovery. that is a disaster. money that obama had reversed the recession. gotten the economy moving back again. over the last six months, he had a battllittle bad
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some dismissed texas job creation. they said that those 40% of the jobs created in america since the ninth of june, since june of 2009 was just luck. mr. president, america's crisis is not about mark, it is bad policy from washington d.c.. jobs come by keeping taxes low, ensuringming tort laws that the policies are fair. his policies in increased unemployment. they exploded the debt. they led to the first downgrade of credit in our country's history. apparently, his new economic plan is to create an agency for jobs. we need new jobs, we do not need
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new agencies. we do not need a government solution. win the private sector and getting to work and government getting out of the way. let small businesses and employers keep more of what they make. that is the way you stimulate the economy. here is another thing that we do in texas. here is another thing we need to do to send a message across this country. you can rest your capital and have a good chance of getting a return on that investment. freezing all of the federal regulations for a six-month period of time. it is regulatory overkill but as a serious threat to investor confidence and growth.
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there is a tension between washington regulators and employers. i would tell you that the situation is rapidly deteriorating. in 2010, the obama administration implemented 43 new regulations that cost businesses more than $26 billion in this country. new efficiency standards for residential water hit -- water heaters. that is getting down in the weeds. heating equipment, cool heaters, it is going to cost businesses. it is going to cost their customers. $1.3 billion. the new standard to raise the price of a typical water heaters by $120. that is just one example of a book full of examples of
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regulations that are strangling the economy. these regulations are not just causing employers to keep money in their reserve. it is the threat of regulations to come. it is the uncertainty that is out there, protector early from obamacare. they see this coming down the tracks. this monstrous cost to them. it is a takeover of one sixth of the economy of the united states. it must be repealed. the president's rhetoric of change does not match his record of change. one thing that sold in 2008, they have not delivered. it is no wonder that businesses are holding money in reserve and not putting it into the economy.
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as governor of texas, which have led with a few simple principles. principle number 1 is do not spend all of the money. have a tax structure that is as low as you can have it and still deliver the needed services. have an a regulatory climate that is fair and predictable. it is so important to have that predictability in the regulatory climate. the last is to have the legal system that does not allow for frivolous lawsuits. just this last spring, we added to our substantial tort reform in texas by passing a simple, but powerful concept called the word -- loser pays. over the years, we have followed this recipe to produce the
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strongest economy in the country. since june of 2009. 40% of all the jobs in america out were created in texas. it is time to do the same thing in our federal government. those simple principles will work as well in washington d.c. as they do in the state of texas. it is tied to put a limit on and simplify our taxes. it is time to stop spending money that we do not have. we need to restore our good credit. in new hampshire, you know what works. it is called a new hampshire advantage. it involved this republican legislature cutting spending instead of taxes.
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because of those courageous legislators, you have the best economy in new england. to make a better, i would suggest you override the veto of the governor spitzer you become a right to work state. yesterday, the president said that i need to watch what i say. i just want to respond back if i may. mr. president, actions speak louder than words. my actions as governor is helping to create jobs in this country. the president's actions are killing jobs in this country. it is time to get america working again. thank you all for coming. let's open it up for a few more questions if weekend. -- we can.
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>> the governor is going to take some questions. i do ask that you identify yourself. >> i will repeat the question so that everybody can hear. >> governor, the congress and the president the last several weeks of the summer were debating lifting the cap of the debt ceiling. if you were president, would you have signed that? >> if i was president, it would not come -- have come to that. the governor and i from south carolina wrote an editorial together. in the weeks when that was going on. we laid out the case for cutting spending come out capping that ceiling and passing a balanced budget amendment.
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i would not have signed that. we have got to quit spending money. this is not rocket science. spending money that we do not have continues to put more debt on young women like alex. the idea that we are going to spend money that we do not have sends the wrong message to every part of the economy. yes, sir? >> my question is at about what you started off with. i have two brothers that are serving. 10have back atw war for years. there are a lot of people coming home that need our help. there has been discussion about our ranging retirements for military folks. cash what are your thoughts about honoring the service of our men and women when we come
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home? >> i do not want to get too deep in the weeds. i am a veteran. we chose the wounded warrior project to be the recipient of our inaugural proceeds that we have. we work not only in a public way, but also a private way to support those young men and women who are coming home, some have been deployed four and five times. i do not know how many times your son has been deployed. multiple times for these kids. i cannot tell you how magnificent i are. iraq and afghanistan multiple times. they are selfless, they are sacrificial. for us not to take care of them, and i would suggest to you that the way we have to get our economy working again, to get america working again, and to
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lower the taxes and the regulatory impact on the job creators, i know what americans do. they roll up their sleeves and go to work. you give people an opportunity to have a return on their investment and they will get out there and create jobs that will create the wealth. i know that it works. that is what we have done in the state of texas. the job creation engine is so powerful. 2 -- for us to have the resources coming into the federal government, you have got to be able to do that. you can talk about all the programs that you want. if you do not have the money to be able to put into those programs, i suggest, whether we are going to have an economy that is strong enough so that we have the offensive and the tactical platforms in place so
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that people around the world now that america is strong militarily, we have got to get this economy back. that is the issue in front of us as a country. i know there is going to be a lot of diversionary talk. at the end of the day, we have to get america back working again. making sure that the -- anita with the young man who was discharged. he was not medically discharged. he was 100% disabled. he needed some help. he was working to make the military understand that they made a mistake. it took the governor of texas calling up, and the former governor of mississippi. those are the types of focus that we have had on our veterans. there is not a group of young
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men and women that deserves our focus, our thanks, and our support than our active duty military that then become our veterans. yes, ma'am. >> my question refers back to when you mentioned about business taxes. can you explain to me why ge should be allowed to pay a lower tax rate than myself? >> i cannot explain that. that is as easy as it gets. the idea that just because you have a good relationship with the political world and washington d.c., and just because you get chosen to be on the governor's business council, is not a good enough reason that you are not paying your fair
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share of taxes. the small businessmen and women are struggling to keep their doors open. you have corporate entities like ge. that is a great company. they have some incredible projects. the idea that they are not paying their fair share from the standpoint of corporate taxes. it is what we need to do. we need to look at our tax code and simplify it. lower the impact on people. i was talking to the representative from south carolina 10 days ago. he has a piece of legislation that lowers it, broadens its, heading toward a fairer tax. that is one of the ideas out there. i am not saying that is the right idea, but the idea is out there. how we simplify and how we lower
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it. here is another issue from my perspective. corporate profits that are offshore that we tax at 35%, we know for a fact that that money is not coming back. they are going to leave that offshore. why not talk about how you've repatriate those dollars? how those dollars focus on job creation. allow them to come back in at a substantially lower rate than 35%. if it is clearly going for job creation, like 0% to get this country working again. >> [inaudible]
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>> medical malpractice, texas, i will use the words of the "wall street journal" we were a hell hole in the early 1990's. we started addressing tort reform. in 2003 is when we made the big impact in texas. we put in place some serious protections against frivolous lawsuits. we capped economic damages.
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the doctor, hospital, or nursing homes would be protected from these out of sight settlements. there were a lot of people that said this is not going to work. it is going to limit people's access to health care. it will limit people's access to the courthouse. none of those things came true. what did come true. this last year, 21,000 more physicians practicing medicine in texas because they know they can come there and do what they love and not be sued frivolously. what a powerful message. 30 counties that did not have an emergency rock -- emergency room doctor have won today. counties along the rio grande, where women were having to travel for miles and miles
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outside of the county should to find an ob/gyn to receive prenatal care, now they have that. that is the result of medical malpractice reform that really matters and really makes a difference. people still have their access to the courthouse. they still have the ability to go in front of a jury trial. we protected against the frivolous suits. it is very important. i think that has to be done state-by-state. federal courts and federal law tort reform, certainly. i hope there are members of the legislature that will come forward with that kind of program. state tort reform does not need to come from washington d.c.
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>> thank you for coming. we followed texas as a role model in many ways. the community-based program as an alternative to incarceration. one of the most efficient and effective programs that the program runs as capital punishment. can you foresee a point at which we decide it is just not worth it? >> i think that is a state-by- state issue. it is really interesting to have the conversations about all these different issues that people think that a constitutional amendment needs to be passed. if there are enough people in america that believes that capital punishment needs to be
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prohibited across the country, then that will happen. it. , then state-by-state, they will make that decision. in texas, they support by an overwhelming majority capital punishment. i just lay it out there as an issue for americans. state-by-state, if the want to pass a constitutional amendment, i would suggest that are going to work harder on a balanced budget to the american constitution that on that day at amendment to ban capital punishment pierre -- punishment. >> you wrote in your recent book that global warming is a contrived mess and the earth is experiencing a cooling trend. the national academy of sciences combine that fossil fuel combustion is the primary
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cause of forming for every year since 1985. the question is, if observed scientific data and the national academy of sciences are both wrong on an issue involving thousands of scientists, south does does not call into question the entire foundation of 100 years of america's technological preeminence? >> you may have a point there. i do believe the issue of global warming has been politicized. there are a substantial number of scientists that have manipulated data so that they will have dollars rolling into their projects. i think we're seeing it almost weekly or even daily. scientists coming forward and questioning the original idea
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that man-made global warming is what is causing the climate to change. yes, our climate has changed. they have been changing ever since the earth has formed. i do not buy into that a group of scientists, that in some cases, have been found to be manipulating this information. the cost to the country and to the world of implementing these anti-carbon programs is in the billions, if not trillions of dollars at the end of the day. from my perspective, i do not want america to be engaged in spending that much money on a scientific theory that has not been proven. from my perspective, is more and more being put into question.
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yes, sir? >> in light of the terrible debt that the country has right now, notwithstanding the unfundeed liabilities for entitlements, most of the debt in this country can be traced -- there was not a problem until there was a federal reserve system. >> i got in trouble talking about the federal reserve yesterday. i got lectured about that yesterday. >> i would wonder, if you would be an advocate of that lease auditing be better reserved. >> i think there have been a number of candidates that have stood up over the course of the months and really questioned the transparency of the federal
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reserve. absolutely. whether you are the governor of the state or president of the united states or an independent branch of government, or not a branch of government, but an agency of government like the federal reserve, they should open their books up. they should be transparent so that the people of the united states know what they're doing, how they're doing it. the mistrust that is there today, if they would simply open up and be transparent with the american people, i think it would go a long way towards either finding out whether there is some activities that are improper or they have been handling themselves quite well. until they do that, there will continue to be questions about
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their activity and what their true goal is for the united states. >> thank you very much for coming to new hampshire. in the federal fiscal year 2007, the annual deficit was $200 billion. the total gdp was at $14.20 trillion. in 2011, the annual deficit is $1.60 trillion. basically, we have bent in a holding pattern since the end of the last republican budget. as president, what will you do about fixing the problem? >> obviously, working with the house of representatives and the senate, i am a little biased here. i hope we picked up 20 or 30
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more seats in the u.s. house and run the table and have more republican senators to work with. that would make it a lot easier from my perspective. working with those two legislative bodies, to put a budget in place that is balanced. and start freeing up the private sector to pay off the wealth to pay off the $16 trillion national debt. if the legislature, for whatever reason, does not agree that that is the way that we should go, the president has one other very powerful tool. that is his pen to veto spending bills. i love this country enough to
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wear out the ink in a veto pen to not spend money that we do not have because our children's future is more important than that. >> i am a blue star mother of the united states marine. i know in your opening remark he mentioned our state motto, live free or die. our freedoms and our individual liberties. i was wondering how you reconcile that value with your executive order to mandate medical treatments, specifically the guardasil vaccines on the little girls of texas. and how you reconcile your recent support where the state of texas mandates medical
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treatments, specifically the meningitis vaccine for college students. >> my wife is a registered nurse. her father is a physician of 52 plus years. both my parents are cancer survivors. i hate cancer. we passed a piece of legislation in texas in 2007, the same year i signed that executive order, to invest $3 billion over the next 10 years to find the cures for cancer. the guardasil issue for me was one of cancer. i made a mistake putting that forward without working with the legislature. it did create, not only a
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firestorm, but it also created a conversation between parents, mothers and their daughters, that i think was really healthy, so they could make that decision of whether or not they wanted access. the legislature clearly sent the message that that is not the way they wanted to go. i respect that and i still respect it today. the idea that we have got diseases that are killing our children and that we have proven vaccines like the one for meningitis and they were not making available, i think is unconscionable. i do think it is our responsibility to take care of the citizens of our state. it is a state issue. the legislature agreed with that. i signed that piece of
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legislation andi. f you -- if you don't want to do that, i understand. we think it is important to protect our kids against a lot of diseases. it goes to the legislative process. i learned a good lesson about not getting out in front of the legislature. >> we spoke of private sector and bringing our economy back in line. i am wondering how and what your plan is to move the heavy involvement in not constitutional matters into the private sector? >> her question was, how do you
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remove the regulatory impact that is very pervasive throughout our economy and how do you move our country back towards a more federalist type of approach? is that a fair way -- yes, ma'am. in my book that he referenced thank you very much. you can find that at barnes and noble or amazon. the proceeds go -- do not go to me. i talked about that in the book. we have gotten away from our roots. the government, particularly the entralized government -- it's
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human nature to acquire more power, whether it is in a state or a county or a city level. people tend to accumulate power. we need to ween ourselves away from that. on the regulatory side, if i am so blessed to be elected president of the united states, there will be men and women going into those agencies that are clearly pro-business advocates. that is one of the things that is missing in washington d.c.. we almost have an anti business legislation. the idea that the national labor relations board would stop a company like boeing from going into a right to work states like south carolina is beyond me.
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if you need a bumper sticker snapshot of what is wrong with this administration, that is a great one. i am a pro-business governor. make any apologies. i am a pro-business president. that is the future of america, that we get this country working again. >> we are monitoring al-jazeera english in between are programs tonight with developments in libya. rebel forces make their way to the center of the capital city keith pushing for the overthrow of gaddafi. you are looking at the rebel stronghold that is far east along the mediterranean coast. let's listen in to their washington correspondent with the latest. >> what is your assessment of
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that? >> from the very beginning, the united states said this was very much about protecting the civilians. everything that the defense department did when it was carrying out its authority, the united states dropped something like 1100 ordinances and bombs and munitions. this was always about protecting civilians. that is how they justify this action. again, at the same time, there was certainly a criticism six months ago that the president took some flak for getting the united states involved in libya. there was emphasis about getting involved in another conflict in the arab world.
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this has cost the united states close to $1 billion. from here, people would be very happy to see this go over. >> thank you very much indeed. we will come back with more international reaction. >> you just heard a little bit of the u.s. impact and u.s. reaction. the u.s. state department saying it is closely monitoring the situation in libya, briefing the president, the secretary of state, and prepping the government council to prepare for a post-gadhafi's libya. we will take more of a look live here from tripoli. >> they have already decided that the square will no longer be known as the green square, a name that was given by gaddafi. it is now called marker


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