"Reaganomics, you start a business in your parent’s garage; Obamanomics you move into your parents garage."
Ted Cruz Just Told A Room Full Of Wall Streeters What’s Up Right To Their Faces
http://www.westernjournalism.com/ted-cr ... eir-faces/
Cruz pointed out that big business and big government can go hand-in-hand, hurting economic mobility and the chance for people to live out the American dream.
Randy DeSoto July 15, 2015 at 5:48pm
Share on Facebook290 Tweet70 Email Print
Republican presidential candidate Sen. Ted Cruz cannot be accused of playing to the audience after some of the things he said at CNBC’s Delivering Alpha conference on Wednesday.
The event took place in New York City before a Wall Street crowd. Cruz pointed out that big business and big government can go hand-in-hand, hurting economic mobility and the chance for people to live out the American dream.
“You want to sum up this race in one simple meme? It’s one we tweeted out,” Cruz said lightheartedly. “Reaganomics, you start a business in your parent’s garage; Obamanomics you move into your parents garage.”
“Hillary Clinton and Barack Obama love to talk about income inequality. Let me tell you, I love when they bring it up, because it has increased dramatically under their policies,” the senator said.
“The simple reality is big business does great with big government,” he continued. “I’ll give you a statistic that you’ll never hear President Obama or Hillary Clinton admit: the top 1 percent, the millionaires and billionaires Obama constantly demagogues today earn a higher share of our income, than any year since 1928.”
“There is a tendency in Washington to support giant corporations,” he said, adding that “the Democratic party is the party of the rich, big government and cronyism. That is the Democratic Party”
Cruz offered the example of Dodd-Frank, which “killed hundreds and even thousands of small financial institutions” because they could not comply with its onerous regulations, which the candidate said Wall Street helped write.
“I don’t think government should be playing the role of either Santa Claus or thug,” the candidate observed.
Cruz conceded to CNBC host John Harwood that most of Wall Street was likely splitting their support between Hillary Clinton and Jeb Bush.
The reformer candidate was also willing to call out his own party as being part of the problem in Washington. Harwood asked Cruz if he thought GOP leadership was corrupt. The senator answered by offering the example of the 2013 debt ceiling debate.
After legislation passed the House raising the debt ceiling, primarily with the help of Democrats, the measure came to the Senate. The leadership called in all the GOP senators into a meeting and asked them to agree, with a unanimous consent floor vote, to allow the debt ceiling increase to go forward by a simple majority, rather than the usual 60 vote requirement. The leadership said that that way, the Democrats could pass it by themselves (they had 55 senators at the time), and all the Republicans could vote against it and go tell their constituents how they stood up against big spending.
Cruz indicated he could not in good faith do what they were asking. He said only Sen. Mike Lee, R-Utah, stood with him and filibustered raising the debt ceiling without spending reforms.
GOP leadership pressed Cruz why he was going to make five Republican senators have to vote with the Democrats to pass the legislation. Cruz saw the incident as emblematic of leadership that had forgotten why they were sent to Washington.
Ted Cruz Just Told A Room Full Of Wall Streeters What’s Up Right To Their Faces
http://www.westernjournalism.com/ted-cr ... eir-faces/
Cruz pointed out that big business and big government can go hand-in-hand, hurting economic mobility and the chance for people to live out the American dream.
Randy DeSoto July 15, 2015 at 5:48pm
Share on Facebook290 Tweet70 Email Print
Republican presidential candidate Sen. Ted Cruz cannot be accused of playing to the audience after some of the things he said at CNBC’s Delivering Alpha conference on Wednesday.
The event took place in New York City before a Wall Street crowd. Cruz pointed out that big business and big government can go hand-in-hand, hurting economic mobility and the chance for people to live out the American dream.
“You want to sum up this race in one simple meme? It’s one we tweeted out,” Cruz said lightheartedly. “Reaganomics, you start a business in your parent’s garage; Obamanomics you move into your parents garage.”
“Hillary Clinton and Barack Obama love to talk about income inequality. Let me tell you, I love when they bring it up, because it has increased dramatically under their policies,” the senator said.
“The simple reality is big business does great with big government,” he continued. “I’ll give you a statistic that you’ll never hear President Obama or Hillary Clinton admit: the top 1 percent, the millionaires and billionaires Obama constantly demagogues today earn a higher share of our income, than any year since 1928.”
“There is a tendency in Washington to support giant corporations,” he said, adding that “the Democratic party is the party of the rich, big government and cronyism. That is the Democratic Party”
Cruz offered the example of Dodd-Frank, which “killed hundreds and even thousands of small financial institutions” because they could not comply with its onerous regulations, which the candidate said Wall Street helped write.
“I don’t think government should be playing the role of either Santa Claus or thug,” the candidate observed.
Cruz conceded to CNBC host John Harwood that most of Wall Street was likely splitting their support between Hillary Clinton and Jeb Bush.
The reformer candidate was also willing to call out his own party as being part of the problem in Washington. Harwood asked Cruz if he thought GOP leadership was corrupt. The senator answered by offering the example of the 2013 debt ceiling debate.
After legislation passed the House raising the debt ceiling, primarily with the help of Democrats, the measure came to the Senate. The leadership called in all the GOP senators into a meeting and asked them to agree, with a unanimous consent floor vote, to allow the debt ceiling increase to go forward by a simple majority, rather than the usual 60 vote requirement. The leadership said that that way, the Democrats could pass it by themselves (they had 55 senators at the time), and all the Republicans could vote against it and go tell their constituents how they stood up against big spending.
Cruz indicated he could not in good faith do what they were asking. He said only Sen. Mike Lee, R-Utah, stood with him and filibustered raising the debt ceiling without spending reforms.
GOP leadership pressed Cruz why he was going to make five Republican senators have to vote with the Democrats to pass the legislation. Cruz saw the incident as emblematic of leadership that had forgotten why they were sent to Washington.
://.soundclick/band/page_music.cfm?bandID=178805
Google You tube Slacker G Guitar skills (1&2)
The same spirit that ruled over Hitler is headed our way.
Let those with ears to hear understand.
Google You tube Slacker G Guitar skills (1&2)
The same spirit that ruled over Hitler is headed our way.
Let those with ears to hear understand.