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Todd G. Buchholz — Bringing The Jobs Home: How The Left Created The Outsourcing Crisis — and How We Can Fix It — Videos

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Todd G. Buchholz

From Wikipedia, the free encyclopedia

Todd G. Buchholz is an economist and has served as White House director of economic policy under George H.W. Bush and a managing director of the Tiger hedge fund. He was awarded the Allyn Young Teaching Prize by the Harvard University Department of Economics and was named “One of the Top 21 Speakers of the 21st Century” by Successful Meetings magazine. Businessweek and Bloomberg have reported that Buchholz is on the short-list for a White House appointment to the Federal Reserve Board.[1]

The Wall Street Journal named Buchholz’s 2016 book The Price of Prosperity: Why Rich Nations Fail and How to Renew Them, one of eight “must-reads” for the summer of 2016.[2] Buchholz is the inventor of the Math Arrow,[3] a mathematical matrix that makes numbers more intuitive to children. He is the CEO of Sproglit, LLC,[4] which develops software and classroom materials based on the Math Arrow. Martin Cooper (inventor), widely recognized as the inventor of the cellular phone, has called the Math Arrow “ingenious.”

Life and career

A founder of the G7 Group consulting firm, Todd Buchholz holds advanced degrees in law from Harvard Law School and in economics from University of Cambridge. He has also served as a Fellow at Cambridge University.

Buchholz frequently contributes commentaries on political economy, financial markets, business and culture to the New York TimesWall Street Journal and Washington Post, as well as PBSNPR and major television networks. He hosted his own special on CNBC and is the only person to guest-host CNBC’s Squawk Box two days in a row.

His books have been translated into over 15 languages and his first book New Ideas from Dead Economists is listed as a “classic” by the American Economic Association.[5] It has been strongly endorsed by such varied thinkers as Milton Friedman and Lawrence Summers.[6]

Buchholz’s newest book, The Price of Prosperity: Why Rich Nations Fail and How to Renew Them was published by HarperCollins in June 2016. The book received endorsements from prominent Democratic and Republican economists, including Lawrence Summers, Alan Blinder, Michael Boskin and Glenn Hubbard. Former Federal Board vice chair Blinder called it a “crackling read…a tour de force.”[1] Buchholz’s 2011 book Rush: Why You Thrive in the Rat Race was named a top ten book in the social sciences by Publishers Weekly, and a book of the year by the New York Post and Los Angeles Times.[7] Rush is a “synthesis of neuroeconomics and evolutionary psychology.” In 2012, Rush was featured on the Charlie Rose television show.[8] Buchholz’s other works include New Ideas from Dead CEOsLasting Lessons from the Corner OfficeFrom Here to EconomyMarket Shock, and Bringing the Jobs Home.

Buchholz resides primarily in San Diego, California and travels the world delivering keynote presentations on economics, finance, and innovation to such companies as MicrosoftIBM and General Electric, as well as to governmental organizations.[2] He has lectured in the U.K. Parliament, as well as at the White House library and the U.S. Treasury.

He is one of the founding producers of the Broadway musical Jersey Boys; is active in entrepreneurial businesses; holds engineering and design patents; and advises investment funds on business and portfolio strategy. In 2011, he co-founded software companySproglit, LLC.

He is also the author of a mystery novel about a boxer and hedge funds, called The Castro Gene, which won a USA Best Books prize.[9] Buchholz is the coauthor of the musical, Glory Ride, which tells the true story of Italians sneaking children out of Fascist Italy on bicycles. Glory Ride was performed in New York in January 2015, starring Tony Award nominee Josh YoungAlison Luff, and Quinn VanAntwerp. [10]

Economic Theories and Policy Proposals

Buchholz has devised a number of economic theories and policy proposals, which have been presented in books, articles, and lectures:

Law of Fertility, Prosperity, and Immigration

In his book The Price of Prosperity, Buchholz shows that when a nation’s annual average GDP rate exceeds 2.5 percent for two consecutive 25-year periods (two generations), the fertility rate will drop to just over the replacement level, that is, 2.5 children per female. If GDP continues to grow for a third consecutive generation, the fertility rate will tend to drop below 2.1 percent and the population will require immigration to maintain a stable working population. As a corollary, if the fertility rate falls below the replacement rate, the nation will find it extraordinarily difficult to pay down accumulated debt.[11]

Locking in Super Low Rates

On the editorial page of the Wall Street Journal [12] in June 2012, Buchholz proposed that the U.S. Treasury lock in record low borrowing rates by issuing 100-year bonds. With the 10-year Treasury yielding just 1.62%, Buchholz called it the “best deal since Pope Julius paid a pittance to have Michelangelo paint his ceiling.” Fourteen months after the article appeared, yields had risen by 78 percent to 2.88%.[13]

Competition Breeds Cooperation

In his book Rush, Buchholz argues through neuroscience and history that competitive societies achieve longer life expectancy, less disease, and greater measures of cooperation than societies that try to quash competitiveness.[14]

Turning Unemployment Compensation into Signing Bonuses[edit]

In 2011, on the front page of the Washington Post Outlook section, Buchholz proposed turning unemployment compensation into signing bonuses.[15] Instead of collecting 99 weeks of unemployment payments, under Buchholz’s proposal, individuals would receive a signing bonus from the government if they accepted a job sooner.

Crime and Interest Rates

The Buchholz Hypothesis holds that crime is strongly correlated with interest rates.[16] This hypothesis helps solve the puzzle of why crime fell during the Great Depression, even though conventional wisdom suggests that a bad economy leads people to commit more crime.

Free-Rider Effect on National GDP

In his book New Ideas from Dead Economists, Buchholz argues that small countries with large social welfare programs may achieve strong GDP gains because they are able to ride on the gains generated by countries that promote a more competitive structure with less governmental intervention.

Economic Forecasting

In his media and speaking appearances, Buchholz frequently makes forecasts about major economic turns and developments, sometimes with surprising accuracy.

Farmland Price Drop 2014-2015

In January 2014, in an essay entitled “Green Acres Turning Red,” Buchholz forecast a sharp decline in farmland prices, following a sharp multi-year rally. Buchholz stated that prices were “teetering on the slope of something ugly and parabolic.”[3] Over the next two years, farmland rental rates dropped by almost 20 percent.[17]

Oil Price Collapse 2014-2015

In April 2014, with the price of oil at approximately $100 per barrel, Buchholz appeared on Fox Business Channel with Maria Bartiromo and forecast (correctly) that the price of oil would plunge to $50 per barrel.[18]

U.S. Debt Downgrade 2011

In 2011, in keynote speeches and in television and radio interviews, Buchholz forecast that the Standard and Poor’s rating agency (S&P) would downgrade U.S. Treasury debt. On August 5, S&P announced the downgrade of U.S. debt from AAA to AA+[19]

Economic Recovery Forecast 2009

In February 2009, Buchholz was among the first well-known U.S. economists to forecast an economic recovery from the “Great Recession.” In a speech to the Americas Lodging Investment Summit, Buchholz forecast that “we’re going to have an economic recovery just in time for back-to-school sales in September” and that “lodging and hospitality is going to benefit from this upswing as well.” In fact, GDP did turn positive in the third quarter of 2009.[20]

April 2008 Commodities Forecast

In April 2008, on the PBS Nightly Business Report, Buchholz forecast that commodity prices, including oil, would climb higher in the short-term but then tumble during the summer of 2008. On July 13, 2008, addressing the Southern Legislative Conference, when oil prices were $137 per barrel and leading Wall Street analysts were forecasting a move to $200, Buchholz predicted that prices would fall by half over the next six months. His comments were met with criticism from other leading economic analysts, but within the next eight weeks, prices of commodities such as oil, grain, and industrial metals started to crumble, and the price of oil fell significantly.

June 2008 Economic Forecast

In an opening keynote speech at Everything Channel’s 2008 VARBusiness 300 Conference in June 2008, Buchholz said he believed that the U.S. economy, while undoubtedly in a slowdown, would avoid two consecutive quarters of negative GDP, the classic definition of a recession. “I’m convinced we’re not going to have any quarters of negative GDP”, he added. Buchholz cited high employment, lean inventories at manufacturers, and strong exports, spurred by the weaker dollar, as reasons for his beliefs.[21]

Instability of the Eurozone

Buchholz’s 1999 book Market Shock warned that the Eurozone was unstable and headed toward political turmoil.[22] In a chapter subtitled “How European Unity Splinters,” Buchholz pointed out that eventually the Mediterranean nations and Ireland would stumble because those countries required a different monetary policy than the core countries of Germany and France.

References

  1. Jump up^http://www.businessweek.com/bwdaily/dnflash/jul2005/nf20050721_2381_db038.htm
  2. Jump up^ “Eight Summer Vacation Must-Reads from the Wall Street Journal”.
  3. Jump up^ https://www.theguardian.com/science/alexs-adventures-in-numberland/2013/jun/07/mathematics
  4. Jump up^ http://www.sproglit.com/
  5. Jump up^ American Economic Association books
  6. Jump up^ Todd G. Buchholz, New Ideas from Dead Economists (New York: Penguin, 2007)
  7. Jump up^ “Spring 2011 Adult Announcements”Publishers Weekly,
  8. Jump up^ Interview with Charlie Rose
  9. Jump up^ The USA Best Books 2007 Awards, USA Book News
  10. Jump up^ http://www.theatermania.com/new-york-city-theater/news/josh-young-stars-in-glory-ride-reading_71191.html
  11. Jump up^ Buchholz, Todd (2016). The Price of Prosperity. HarperCollins. p. 36. ISBN 9780062405708.
  12. Jump up^https://www.wsj.com/articles/SB10001424052702303836404577475060119430638
  13. Jump up^ https://www.bloomberg.com/news/2013-08-18/gold-holds-gains-as-asian-futures-slip-after-u-s-retreat.html
  14. Jump up^ Todd G. Buchholz (2012) Rush: Why You Thrive in the Rat Race. New York: Hudson Street/Penguin.
  15. Jump up^ http://www.washingtonpost.com/opinions/instead-of-unemployment-benefits-offer-a-signing-bonus/2011/06/08/AG46vHPH_story.html
  16. Jump up^ Todd G. Buchholz, (2007) New Ideas From Dead Economists. New York: Plume. p. 200
  17. Jump up^ “Farmland Values and Credit Conditions” (PDF). Chicagofed.org. Chicago Reserve Bank of Chicago.
  18. Jump up^ http://video.foxbusiness.com/v/3418293666001/oil-headed-for-50-a-barrel/?#sp=show-clips
  19. Jump up^ http://www.marketwatch.com/story/us-may-still-face-debt-downgrade-buchholz-2011-07-31
  20. Jump up^ http://www.hospitalitynet.org/news/4040053.html
  21. Jump up^ Whiting, Rick (June 2008). “Buchholz: U.S. Will Skirt A Recession”. VARBusiness28 (6): 18 =.
  22. Jump up^ Todd G. Buchholz, (1999) Market Shock. New York: Harper Collins. p.146.

External links

https://en.wikipedia.org/wiki/Todd_G._Buchholz

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Part 2, Obama The Big Liar (The Great Pretender) Vs. Trump The Great Truth Teller (We Will Rock You) — Make America Great Again! — Could Not Have Said It Better Myself — Three Cheers For Trump — Videos

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Story 1: Part 2, Obama The Big Liar (The Great Pretender) Vs. Trump The Great Truth Teller (We Will Rock You) — Make America Great Again! — Could Not Have Said It Better Myself — Three Cheers For Trump — Videos

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RCP Average 6/11 – 6/28 16.3 10.5 9.8 9.3 7.8 7.3 6.5 4.0 3.8 3.3 2.3 2.0 1.5 1.3 1.3 Bush +5.8
CNN/ORC 6/26 – 6/28 19 6 7 6 8 7 12 3 4 3 3 1 2 2 1 Bush +7
FOX News 6/21 – 6/23 15 9 10 8 6 9 11 4 2 2 3 3 2 2 1 Bush +4
NBC/WSJ 6/14 – 6/18 22 17 11 14 9 7 1 4 5 4 0 2 1 0 1 Bush +5
Monmouth 6/11 – 6/14 9 10 11 9 8 6 2 5 4 4 3 2 1 1 2 Carson +1

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The Mexican Government is forcing their most unwanted people into the United States. They are, in many cases, criminals, drug dealers, rapists, etc. This was evident just this week when, as an example, a young woman in San Francisco was viciously killed by a 5 time deported Mexican with a long criminal record, who was forced back into the United States because they didn’t want him in Mexico. This is merely one of thousands of similar incidents throughout the United States. In other words, the worst elements in Mexico are being pushed into the United States by the Mexican government. The largest suppliers of heroin, cocaine and other illicit drugs are Mexican cartels that arrange to have Mexican immigrants trying to cross the borders and smuggle in the drugs. The Border Patrol knows this. Likewise, tremendous infectious disease is pouring across the border. The United States has become a dumping ground for Mexico and, in fact, for many other parts of the world. On the other hand, many fabulous people come in from Mexico and our country is better for it. But these people are here legally, and are severely hurt by those coming in illegally. I am proud to say that I know many hard working Mexicans—many of them are working for and with me…and, just like our country, my organization is better for it.

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Billionaire mogul Donald Trump announced his 2016 presidential run Tuesday. Below is the text of his speech:

Last quarter, it was just announced, our gross domestic product – a sign of strength, right? But not for us.

It was below zero. Who ever heard of this? It’s never below zero.

Our labor participation rate was the worst since 1978.

But think of it, GDP below zero, horrible labor participation rate, and our real unemployment is anywhere from 18-20%. Don’t believe the 5.6. Don’t believe it.

That’s right – a lot of people up there can’t get jobs. They can’t get jobs because there are no jobs because China has our jobs and Mexico has our jobs. They all have our jobs. But the real number, the real number, is anywhere from 18-19 and maybe even 21% and nobody talks about it because it’s a statistic that’s full of nonsense.

DONALD TRUMP IS RUNNING FOR PRESIDENT

Our enemies are getting stronger and stronger by the day and we as a country are getting weaker. Even our nuclear arsenal doesn’t work.

It came out recently. They have equipment that’s 30 years old and they don’t even know if it works. And I thought it was horrible when it was broadcast on television because boy does that send signals to Putin and all of the other people that look at us and they say ‘OK, that is a group of people and that is a nation that truly has no clue. They don’t know what they’re doing. They don’t know what they’re doing.’

We have a disaster called the big lie – Obamacare, Obamacare.

Yesterday it came out that costs are going, for people, up 39, 39, 49 and even 55%. And deductibles are through the roof. You have to get hit by a tractor, literally a tractor, to use it because the deductibles are so high it’s virtually useless. It’s a disaster.N

NEW YORKERS WITH MEXICO ROOTS SLAM DONALD TRUMP

And remember the $5 billion website, 5 billion we spent on a website, and to this day it doesn’t work. A $5 billion dollar website.

I have so many websites. I have them all over the place. I hire people, they do a website. It costs me $3.

$5 billion dollar website.

Well you need somebody because politicians are all talk, no action. Nothing’s going to get done. They will not bring us, believe me, to the promised land. They will not.

TWITTER REACTS TO DONALD TRUMP’S BIZARRE 2016 ANNOUNCEMENT

As an example, I’ve been on the circuit making speeches and I hear my fellow Republicans and they’re wonderful people. I like them. They all want me to support them.

They don’t know how to bring it about, they come up to my office. I’m meeting with three of them in the next week and they don’t know: Are you running, are you not running, could we have your support, what do we do, how do we do it?

And I like them. I hear their speeches. And they don’t talk jobs. They don’t talk China. When was the last time you heard ‘China’s killing us?’ They’re devaluing their currency to a level that you wouldn’t believe it makes it impossible for our companies to compete. Impossible.

They’re killing us, but you don’t hear that from anyone else. You don’t hear that from anybody else.

And I watch the speeches. I watch the speeches and they say ‘the sun will rise. The moon will set. All sorts of wonderful things will happen.’

And the people are saying ‘What’s going on? I just want a job. I don’t need the rhetoric, I just want a job.’

And it’s going to get worse because remember, Obamacare really kicks in in 2016, 2016.

Obama is going to be out playing golf. He might even be on one of my courses – I would invite him. I have the best courses in the world. So I say, you know what, if he wants to – I have one right next to the White House. Right on the Potomac. If he wants to, if he’d like to play, that’s fine. In fact I’d love him to leave early and play. That would be a very good thing.

But Obamacare kicks in in 2016, really bigly. It is going to be amazingly destructive.

Doctors are quitting.

I have a friend who’s a doctor and he said to me the other day: ‘Donald, I never saw anything like it. I have more accountants than I have nurses. It’s a disaster. My patients are besides themselves. They had a plan that was good. They had a plan. They have no plan now.’

We have to repeal Obamacare and it can be replaced with something much better for everybody. Let it be for everybody, but much better and much less expensive for people and for the government. And we can do it.

So I’ve watched the politicians. I’ve dealt with them all my life. If you can’t make a good deal with a politician, then there’s something wrong with you. There’s something certainly not very good and that’s what we have representing us.

They will never make America great again. They don’t even have a chance. They are controlled fully, they are controlled fully by the lobbyists, by the donors and by the special interests. Fully. They control them.

Hey, I have lobbyists. I have to tell you, I have lobbyists that can produce anything for me. They’re great. But you know what? It won’t happen. It won’t happen because we have to stop doing things for some people, but for our country it’s destroying this country.

We have to stop and it has to stop now.

Our country needs, our country needs a truly great leader and we need a truly great leader now.

We need a leader that wrote the Art of the Deal. We need a leader that can bring back our jobs, can bring back our manufacturing, can bring back our military, can take care of our vets – our vets have been abandoned. And we also need a cheerleader.

You know, when President Obama was elected I said ‘Well, the one thing I think he’ll do well – I think he’ll be a great cheerleader for the country. I think he’d be a great spirit. He was vibrant. He was young. I really thought he would be a great cheerleader.

He’s not a leader, that’s true. You’re right about that. But he wasn’t a cheerleader. He’s actually a negative force. He’s been a negative force. He wasn’t a cheerleader, he was the opposite.

We need somebody that can take the brand of the United States and make it great again. It’s not great.

We need, we need, we need somebody that literally will take this country and make it great again. We can do that.

And, I will tell you, I love my life. I have a wonderful family. They’re saying, ‘Dad, you’re going to do something that’s so tough.’

You know, all of my life I’ve heard that a truly successful person, a really, really successful person – and even modestly successful – cannot run for public office. Just can’t happen.

And yet, that’s the kind of mindset that you need to make this country great again.

So, ladies and gentlemen, I am officially running for President of the United States and we are going to make our country great again.

It can happen. Our country has tremendous potential. We have tremendous potential.

We have people that aren’t working. We have people that have no incentive to work. But they’re going to have incentive to work. Because the greatest social program is a job. And they’ll be proud, and they’ll love it, and they’ll make much more money than they would have ever made. And they’ll be doing so well, and we’re going to be thriving as a country. Thriving. It can happen.

I will be the greatest jobs president that god ever created, I tell you that.

I’ll bring back our jobs from China, from Mexico, from Japan, from so many places. I’ll bring back our jobs, and I’ll bring back our money.

Right now, think of this – we owe China $1.3 trillion. We owe Japan more than that. So they come in, they take our jobs, they take our money and then they loan us back the money and we pay them in interest. And then the dollar goes up, so their deal’s even better.

How stupid are our leaders? How stupid are these politicians to allow this to happen? How stupid are they?

Business mogul Donald Trump announces his candidacy for the U.S. presidency at Trump Tower on Tuesday in New York. Trump is the 12th Republican who has announced running for the White House.
CHRISTOPHER GREGORY/GETTY IMAGES

Business mogul Donald Trump announces his candidacy for the U.S. presidency at Trump Tower on Tuesday in New York. Trump is the 12th Republican who has announced running for the White House.

I’m going to tell you a couple of stories about trade, because I’m totally against the trade bill for a number of reasons.

Number one: the people negotiating it don’t have a clue. Our president doesn’t have a clue. He’s a bad negotiator. He’s the one that did Bergdahl. We get Bergdahl, they get five killer terrorists that everybody wanted over there. We get Bergdahl. We get a traitor. We get a no-good traitor and they get the five people that they wanted for years. And those people are now back on the battlefield trying to kill us. That’s the negotiator we have

Take a look at the deal he’s making with Iran. He makes that deal, Israel maybe won’t exist very long. It’s a disaster and we have to protect Israel.

So we need people – I’m a free trader. But the problem with free trade is, you need really talented people to negotiate for you. If you don’t have talented people, if you don’t have great leadership, if you don’t have people that know business – not just a political hack that got the job because he made a contribution to a campaign, which is the way all jobs just about are gotten, free trade is terrible.

Free trade can be wonderful if you have smart people. But we have people that are stupid. We have people that aren’t smart, and we have people that are controlled by special interests and it’s just not going to work.

So here’s a couple of stories. Happened recently, a friend of mine is a great manufacturer, and you know, China comes over and they dump all their stuff.

I buy it. I buy it because, frankly, I have an obligation to buy it, because they devalue their currency so brilliantly. They just did it recently and nobody thought they could do it again, but with all our problems with Russia, with all our problems with everything, everything, they got away with it again.

And it’s impossible for our people here to compete. So I want to tell you this story. Friend of mine if a great manufacturer. Calls me up a few weeks ago, he’s very upset.

I said, ‘What’s your problem?’

He said, ‘You know, I make a great product.’

I said, ‘I know, I know that, because I buy the product.’

He said, ‘I can’t get it into China. They won’t accept it. I sent a boat over and they actually sent it back. They talked about environmental, they talked about all sorts of crap that had nothing to do with it.’

I said, ‘Oh, wait a minute, that’s terrible. Did anyone know this?’

He said, ‘They do it all the time with other people.’

I said, ‘They send it back?’

He said, ‘Yea, so I finally got it over there, and they charged me a big tariff.’

They’re not supposed to be doing that. I told him. Now they do charge you tariffs on trucks when we send trucks and other things over there.

Ask Boeing. They wanted all their patents and secrets before they agreed to buy planes from Boeing.

Hey, I’m not saying they’re stupid. I like China. I just sold an apartment for $15 million to somebody from China. Am I supposed to dislike them?

I own a big chunk of the Bank of America building at 1290 Avenue of Americas that I got from China in a war. Very valuable. I love China.

The biggest bank in the world is from China. You know where their United States headquarters is located? In this building, in Trump Tower.

I love China. People say, ‘Oh, you don’t like China.’ No, I love them, but their leaders are much smarter than our leaders. And we can’t sustain ourselves with that.

There’s too much – it’s like, it’s like take the New England Patriots and Tom Brady and have them play your high school football team. That’s the difference between China’s leaders and our leaders.

They are ripping us. We are rebuilding China. We are rebuilding many countries.

China, you got there now – roads, bridges, schools. You never saw anything like it. They have bridges that make the George Washington Bridge look like small potatoes.

And they’re all over the place. We have all the cards, but we don’t know how to use them. We don’t even know that we have the cards, because our leaders don’t understand the game.

We would turn off that spigot by charging them tax until they behave properly.

Now they’re going militarily. They’re building a military island in the middle of the South China Sea – a military island. Now, our country could never do that because we’d have to get environmental clearance and the environmentalists wouldn’t let our country – we would never be able to build in an ocean.

They built it in about one year, this massive military port. They’re building up their military to a point that is very scary.

You have a problem with ISIS, you have a bigger problem with China.

And in my opinion, the new China, believe it or not, in terms of trade is Mexico.

So this man tells me about the manufacturing. I say, ‘that’s a terrible story, I hate to hear it.’

But I have another one, Ford. So Mexico takes a company, car company, that was going to build in Tennessee, rips it out. Everybody thought the deal was dead. Reported in the “Wall Street Journal” recently.

Everybody said that it was a done deal. It’s going in, and that’s going to be it, going into Tennessee -. great state, great people. All of a sudden, at the last moment, this big car manufacturer, foreign, announces they’re not going to Tennessee, they’re going to spend their billion dollars in Mexico instead. Not good.

Now Ford announces a few weeks ago that Ford is going to build a $2.5 billion car and truck and parts manufacturing plant in Mexico. $2.5 billion. It’s going to be one of the largest in the world. Ford – good company.

So I announced that I’m running for President. I would, one of the early things I would do, probably before I even got in, and I wouldn’t even use – you know, I know the smartest negotiators in the world.

I know the good ones, I know the bad ones, I know the overrated ones. You’ve got a lot that are overrated. They get good stories because the newspapers get buffaloed. But they’re not good.

But I know the best negotiators in the world and I’d put them one for each country. Believe me folks, we will do very, very well. Very, very well.

But I wouldn’t even waste my time with this one. I would call up the head of Ford, who I know. If I was President I’d say ‘Congratulations, I understand that you’re building a nice, $2.5 billion dollar factory in Mexico and that you’re going to take your cars and sell them to the United States. Zero tax – just across the board.’

And you say to yourself, ‘How does that help us, right? Where is that good.’ It’s not.

So I’d say ‘Congratulations, that’s the good news. Let me give you the bad news. Every car, and every truck and every part manufactured in this plant that comes across the border, we’re going to charge you a 35% tax. Okay? And that tax is going to be paid simultaneously with the transaction, and that’s it.’

Now here’s what’s going to happen. If it’s not me in the position, if it’s one of these politicians that we’re running against, you know, the 400 people that we’re – and here’s what going to happen. They’re not so stupid. They know it’s not a good thing. And they may even be upset by it,

But then they’re going to get a call from their donors or probably from the lobbyists for Ford and say ‘you can’t do that to Ford, because Ford takes care of me, and I take care of you, and you can’t do that to Ford.’

And you know what? No problem. They’re going to build in Mexico, they’re going to take away thousands of jobs. That’s very bad for us. So under President Trump, here’s what would happen: The head of Ford will call me back, I would say within an hour after I told him the bad news, but it could be he’d want to be cool and he’ll wait until the next day. You know, they want to be a little cool.

And he’ll say, ‘Please, please, please.’

He’ll beg for a little while, and I’ll say, ‘Sorry, no interest.’

Then he’ll call all sorts of political people and I’ll say ‘Sorry fellas, no interest.’

Because I don’t need anybody’s money. It’s nice. I don’t need anybody’s money. I’m using my own money. I’m not using lobbyists, I’m not using donors. I don’t care. I’m really rich.

And by the way, I’m not even saying that to brag. That’s the kind of mindset, that’s the kind of thinking you need for this country.

So, because we’ve got to make the country rich. It sounds crass. Somebody said ‘oh, that’s crass.’ It’s not crass.

We’ve got $18 trillion in debt, we’ve got nothing but problems.

We’ve got a military that needs equipment all over the place. We’ve got nuclear weapons that are obsolete.

We’ve got nothing.

We’ve got social security that’s going to be destroyed if somebody like me doesn’t bring money into the country. All these other people want to cut the hell out of it. I’m not going to cut it at all. I’m going to bring money in, and we’re going to save it.

But here is what’s going to happen. After I’m called by 30 friends of mine who contributed to different campaigns, after I’m called by all of the special interests and by the donors and by the lobbyists – and they have zero chance at convincing me. Zero. I’ll get a call they next day from the head of Ford.

He’ll say, ‘Please reconsider.’

I’ll say, ‘No.’

He’ll say, ‘Mr. President, we’ve decided to move the plant back to the United States. We’re not going to build it in Mexico.’

That’s it. They’ll have no choice. They have no choice. There are hundred of things like that.

I’ll give you another example: Saudi Arabia. They make a billion dollars a day, a billion dollars a day.

I love the Saudis, many are in this building. They make a billion dollars a day. Whenever they have problems, we send over the ships. We send, we’re going to protect – what are we doing? They got nothing but money.

If the right person asked them, they’d pay a fortune. They wouldn’t be there except for us.

And believe me, you look at the border with Yemen – you remember Obama a year ago, Yemen was a great victory. Two weeks later the place was blown up. Everybody.

And they kept our equipment. They always keep our equipment. We ought to send used equipment, right? They always keep our equipment, we ought to send some real junk because, frankly, it would be – we ought to send our surplus. We’re always losing this gorgeous, brand-new stuff.

But look at that border with Saudi Arabia. Do you really think that these people are interested in Yemen? Saudi Arabia without us is gone. They’re gone.

And I’m the one that made all of the right predictions about Iraq. You know, all of these politicians that I’m running against now, it’s so nice to say I’m running as opposed to if I run, if I run – I’m running.

But all of these politicians that I’m running against now, they’re trying to dissociate. I mean, you look at Bush – it took him five days to answer the question on Iraq. He couldn’t answer the question. He didn’t know.

I said, ‘Is he intelligent?’

And then I looked at Rubio. He was unable to answer the question. He didn’t know.

How are these people going to lead us? How are we going to go back and made it great again? We can’t They don’t have a clue. They can’t lead us. They can’t.

They can’t even answer simple questions. It was terrible, but Saudi Arabia is in big, big trouble.

Now, thanks to fracking and other things, the oil is all over the place. And I used to say it, there are ships at sea, and this was during the worst crisis, that were loaded up with oil. And the cartel kept the prices up because, again, they were smarter than our leaders.

They were smarter than our leaders. There is so much wealth out there that we can make our country so rich again and, therefore, make it great again.

Because we need money. We’re dying. We’re dying. We need money. We have to do it and we need the right people.

So Ford will come back. They’ll all come back. And I will say this – this is going to be an election, in my opinion, that’s based on competence.

Somebody said to me the other day, a reporter, very nice reporter – ‘But Mr. Trump, you’re not a nice person.’

But actually, I am. I think I’m a nice person. Does my family like me? I think so. Look at my family.

I’m proud of my family by the way. Speaking of my family – Melania, Barron, Kai, Donny, Dunn, Vanessa, Tiffany, Ivanka did a great job. Did she do a great job? Jarrett, Laura and Eric. I’m very proud of my family. They’re a great family.

So the report said to me the other day ‘But Mr. Trump, you’re not a nice person. How can you get people to vote for you?’

I said, ‘I don’t know. I think that, number one, I am a nice person. I give a lot of money away to charities and other things.’

I think I’m actually a very nice person, but I said ‘This is going to be an election that’s based off competence. Because people are tired of these nice people and they’re tired of being ripped of by everybody in the world and they’re tired of spending more money on education than any nation in the world per capita. Than any nation in the world.’

And we’re 26th in the world. Twenty-five countries are better than us at education, and some of them are like, third-world countries.

But we’re becoming a third-world country because of our infrastructure, our airports, our roads, everything.

So one of the things I did, and I said, you know what I’ll do? I’ll do it. And a lot of people said ‘he’ll never run. Number one, he won’t want to give up his lifestyle.’

They’re right about that, but I’m doing it.

Number two – I’m a private company, so nobody knows what I’m worth. And the one thing is, when you run, you have to announce and certify to all sorts of governmental authorities, your net worth.

So I said, ‘that’s okay, I’m proud of my net worth.’

I’ve done an amazing job. I started off in a small office with my father in Brooklyn and Queens. And my father said – and I love my father. I learned so much. He was a great negotiator.

I learned so much just sitting as his feet playing with blocks, listening to him negotiate with subcontractors. But I learned a lot.

But he used to say ‘Donald, don’t go into Manhattan. That’s the big leagues. We don’t know anything about that. Don’t do it.’

But I said, ‘Dad, I gotta go into Manhattan. I gotta build those buildings. I’ve got to do it, Dad, I’ve got to do it.’

And after four or five years in Brooklyn, I ventured into Manhattan and did a lot of great deals: the Grand Hyatt hotel, I was responsible for the convention center on the west side.

I did a lot of great deals and I did them early and young, and now I’m building all over the world. And I love what I’m doing.

But they all said, a lot of the pundits on television, ‘well Donald will never run and one of the main reasons is, he’s private, and he’s probably not as successful as everybody thinks.’

So I said to myself, ‘you know, nobody’s ever going to know unless I run because I’m really proud of my success, I really am.’

I’ve employed tens of thousands of people over my lifetime. That means medical, that means education, that means everything.

So a large accounting firm and my accountants have been working for months because I’m big and complex and they put together a statement, a financial statement. It’s a summary, but everything will be filed eventually with the government. And we don’t need extensions or anything, we’ll be filing it right on time.

We don’t need anything. And it was even reported incorrectly yesterday, because they said he had assets of nine billion.

I said, ‘no, that the wrong number. That’s the wrong number, not assets.’

So they put together this, and before I say it, I have to say this: I made it the old-fashioned way. It’s real estate. it’s labor and it’s union – good and some bad – and lots of people that aren’t unions and it’s all over the place and building all over the world.

And I have assets, big accounting firm – one of the most highly respected – $9,240,000,000.

And I have liabilities of about $500 – that’s long-term debt, very low interest rates.

In fact, one of the big banks came to me, said, ‘Donald, you don’t have enough borrowing, can we loan you $4 billion.”

I said ‘I don’t need it. I don’t want it. I’ve been there. I don’t want it.”

But in two seconds, they give me whatever I wanted. So I have a total net worth, and now with the increase, it’ll be well-over $10 billion. But here, a total net worth of — net worth, not assets, not — a net worth, after all debt, after all expenses, the greatest assets — Trump Tower, 1290 Avenue of the Americas, Bank of America building in San Francisco, 40 Wall Street, sometimes referred to as the Trump building right opposite the New York — many other places all over the world.

So the total is $8,737,540,000.

Now I’m not doing that, I’m not doing that to brag, because you know what? I don’t have to brag. I don’t have to, believe it or not.

I’m doing that to say that that’s the kind of thinking our country needs. We need that thinking. We have the opposite thinking.

We have losers. We have losers. We have people that don’t have it. We have people that are morally corrupt. We have people that are selling this country down the drain.

So I put together this statement, and the only reason I’m telling you about it today is because we really do have to get going, because if we have another three or four years — you know, we’re at $8 trillion now. We’re soon going to be at $20 trillion.

According to the economists, who I’m not big believers in, but, nevertheless, this is what they’re saying, that $24 trillion. We’re very close, that’s the point of no return. $24 trillion.

We will be there soon. That’s when we become Greece. That’s when we become a country that’s unsalvageable. And we’re gonna be there very soon. We’re gonna be there very soon.

So, just to sum up, I would do various things very quickly. I would repeal and replace the big lie, Obamacare.

I would build a great wall, and nobody builds walls better than me, believe me, and I’ll build them very inexpensively, I will build a great, great wall on our southern border. And I will have Mexico pay for that wall.

Mark my words.

Nobody would be tougher on ISIS than Donald Trump. Nobody.

I will find, within our military, I will find the General Patton or I will find General MacArthur, I will find the right guy. I will find the guy that’s going to take that military and make it really work. Nobody, nobody will be pushing us around.

I will stop Iran from getting nuclear weapons. And we won’t be using a man like Secretary Kerry that has absolutely no concept of negotiation, who’s making a horrible and laughable deal, who’s just being tapped along as they make weapons right now, and then goes into a bicycle race at 72 years old, and falls and breaks his leg.

I won’t be doing that. And I promise I will never be in a bicycle race. That I can tell you.

I will immediately terminate President Obama’s illegal executive order on immigration, immediately.

Fully support and back up the Second Amendment.

Now, it’s very interesting. Today I heard it. Through stupidity, in a very, very hard core prison, interestingly named Clinton, two vicious murderers, two vicious people escaped, and nobody knows where they are.

And a woman was on television this morning, and she said, ‘You know, Mr. Trump,’ and she was telling other people, and I actually called her, and she said, ‘You know, Mr. Trump, I always was against guns. I didn’t want guns. And now since this happened,’ it’s up in the prison area, ‘my husband and I are finally in agreement, because he wanted the guns. We now have a gun on every table. We’re ready to start shooting.’

I said, ‘Very interesting.’

So protect the Second Amendment.

End, end Common Core. Common Core should, it is a disaster. Bush is totally in favor of Common Core.

I don’t see how he can possibly get the nomination. He’s weak on immigration. He’s in favor of Common Core. How the hell can you vote for this guy? You just can’t do it.

We have to end, education has to be local.

Rebuild the country’s infrastructure. Nobody can do that like me. Believe me. It will be done on time, on budget, way below cost, way below what anyone ever thought.

I look at the roads being built all over the country, and I say I can build those things for one-third. What they do is unbelievable, how bad.

You know, we’re building on Pennsylvania Avenue, the Old Post Office, we’re converting it into one of the world’s great hotels. It’s gonna be the best hotel in Washington, D.C. We got it from the General Services Administration in Washington. The Obama administration. We got it. It was the most highly sought after — or one of them, but I think the most highly sought after project in the history of General Services.

We got it. People were shocked, Trump got it. Well, I got it for two reasons. Number one, we’re really good. Number two, we had a really good plan. And I’ll add in the third, we had a great financial statement. Because the General Services, who are terrific people, by the way, and talented people, they wanted to do a great job. And they wanted to make sure it got built.

So we have to rebuild our infrastructure, our bridges, our roadways, our airports.

You come into LaGuardia Airport, it’s like we’re in a third world country. You look at the patches and the 40-year-old floor. They throw down asphalt, and they throw.

You look at these airports, we are like a third world country. And I come in from China and I come in from Qatar and I come in from different places, and they have the most incredible airports in the world. You come to back to this country and you have LAX, disaster. You have all of these disastrous airports. We have to rebuild our infrastructure.

Save Medicare, Medicaid and Social Security without cuts. Have to do it.

Get rid of the fraud. Get rid of the waste and abuse, but save it. People have been paying it for years. And now many of these candidates want to cut it.

You save it by making the United States, by making us rich again, by taking back all of the money that’s being lost.

Renegotiate our foreign trade deals.

Reduce our $18 trillion in debt, because, believe me, we’re in a bubble. We have artificially low interest rates. We have a stock market that, frankly, has been good to me, but I still hate to see what’s happening. We have a stock market that is so bloated.

Be careful of a bubble because what you’ve seen in the past might be small potatoes compared to what happens. So be very, very careful.

And strengthen our military and take care of our vets. So, so important.

Sadly, the American dream is dead. But if I get elected president I will bring it back bigger and better and stronger than ever before, and we will make America great again.

Thank you. Thank you very much.

Remarks by the President on Progress in the Fight Against ISIL

The Pentagon

4:10 P.M. EDT

THE PRESIDENT: Good afternoon, everybody. I hope everyone had a wonderful holiday weekend — especially our men and women in uniform. This Fourth of July we were honored to once again welcome some of our incredible troops and their families to share Fourth of July and fireworks at the White House. It was another chance for us, on behalf of the American people, to express our gratitude for their extraordinary service around the world every day.

And that includes the work that brings me here today — our mission to degrade and ultimately destroy the terrorist group ISIL. This is a cause, a coalition, that’s united countries across the globe — some 60 nations, including Arab partners. Our comprehensive strategy against ISIL is harnessing all elements of American power, across our government — military, intelligence, diplomatic, economic, development and perhaps most importantly, the power of our values.

Last month, I ordered additional actions in support of our strategy. I just met with my national security team as part of our regular effort to assess our efforts — what’s working and what we can do better. Secretary Carter, Chairman Dempsey, I want to thank you and your team for welcoming us and for your leadership, including General Austin who’s leading the military campaign. And I want to summarize briefly where we stand.

I want to start by repeating what I’ve said since the beginning. This will not be quick. This is a long-term campaign. ISIL is opportunistic and it is nimble. In many places in Syria and Iraq, including urban areas, it’s dug in among innocent civilian populations. It will take time to root them out — and doing so must be the job of local forces on the ground, with training and air support from our coalition.

As with any military effort, there will be periods of progress, but there are also going to be some setbacks — as we’ve seen with ISIL’s gains in Ramadi in Iraq and central and southern Syria. But today, it’s also important for us to recognize the progress that’s been made.

Our coalition has now hit ISIL with more than 5,000 airstrikes. We’ve taken out thousands of fighting positions, tanks, vehicles, bomb factories, and training camps. We’ve eliminated thousands of fighters, including senior ISIL commanders. And over the past year, we’ve seen that when we have an effective partner on the ground, ISIL can be pushed back.

In Iraq, ISIL lost at the Mosul Dam. ISIL lost at Mount Sinjar. ISIL has lost repeatedly across Kirkuk Province. ISIL lost at Tikrit. Altogether, ISIL has lost more than a quarter of the populated areas that it had seized in Iraq. In Syria, ISIL lost at Kobani. It’s recently endured losses across northern Syria, including the key city of Tal Abyad, denying ISIL a vital supply route to Raqqa, its base of operations in Syria.

So these are reminders that ISIL’s strategic weaknesses are real. ISIL is surrounded by countries and communities committed to its destruction. It has no air force; our coalition owns the skies. ISIL is backed by no nation. It relies on fear, sometimes executing its own disillusioned fighters. Its unrestrained brutality often alienates those under its rule, creating new enemies. In short, ISIL’s recent losses in both Syria and Iraq prove that ISIL can and will be defeated.

Indeed, we’re intensifying our efforts against ISIL’s base in Syria. Our airstrikes will continue to target the oil and gas facilities that fund so much of their operations. We’re going after the ISIL leadership and infrastructure in Syria — the heart of ISIL that pumps funds and propaganda to people around the world. Partnering with other countries — sharing more information, strengthening laws and border security — allows us to work to stem the flow of foreign fighters to Syria as well as Iraq, and to stem, obviously, the flow of those fighters back into our own countries. This continues to be a challenge, and, working together, all our nations are going to need to do more, but we’re starting to see some progress.

We’ll continue cracking down on ISIL’s illicit finance around the world. By the way, if Congress really wants to help in this effort, they can confirm Mr. Adam Szubin, our nominee for Treasury Under Secretary to lead this effort. This is a vital position to our counterterrorism efforts. Nobody suggests Mr. Szubin is not qualified. He’s highly qualified. Unfortunately, his nomination has been languishing up on the Hill, and we need the Senate to confirm him as soon as possible.

Meanwhile, we continue to ramp up our training and support of local forces that are fighting ISIL on the ground. As I’ve said before, this aspect of our strategy was moving too slowly. But the fall of Ramadi has galvanized the Iraqi government. So, with the additional steps I ordered last month, we’re speeding up training of ISIL [Iraqi] forces, including volunteers from Sunni tribes in Anbar Province.

More Sunni volunteers are coming forward. Some are already being trained, and they can be a new force against ISIL. We continue to accelerate the delivery of critical equipment, including anti-tank weapons, to Iraqi security forces, including the Peshmerga and tribal fighters. And I made it clear to my team that we will do more to train and equip the moderate opposition in Syria.

Now, all this said, our strategy recognizes that no amount of military force will end the terror that is ISIL unless it’s matched by a broader effort — political and economic — that addresses the underlying conditions that have allowed ISIL to gain traction. They have filled a void, and we have to make sure that as we push them out that void is filled. So, as Iraqi cities and towns are liberated from ISIL, we’re working with Iraq and the United Nations to help communities rebuild the security, services and governance that they need. We continue to support the efforts of Prime Minister Abadi to forge an inclusive and effective Iraqi government that unites all the people of Iraq — Shia, Sunnis, Kurds and all minority communities.

In Syria, the only way that the civil war will end — and in a way so that the Syrian people can unite against ISIL — is an inclusive political transition to a new government, without Bashar Assad — a government that serves all Syrians. I discussed this with our Gulf Cooperation Council partners at Camp David and during my recent call with President Putin. I made it clear the United States will continue to work for such a transition.

And a glimmer of good news is I think an increasing recognition on the part of all the players in the region that given the extraordinary threat that ISIL poses it is important for us to work together, as opposed to at cross-purposes, to make sure that an inclusive Syrian government exists.

While the focus of our discussions today was on Iraq and Syria, ISIL and its ideology also obviously pose a grave threat beyond the region. In recent weeks we’ve seen deadly attacks in Tunisia, Kuwait and Egypt’s Sinai Peninsula. We see a growing ISIL presence in Libya and attempts to establish footholds across North Africa, the Middle East, the Caucasus, and Southeast Asia. We’ve seen attacks in Ottawa, Sydney, France and Copenhagen.

So I’ve called on the international community to unite against this scourge of violent extremism. In this fight, the United States continues to lead. When necessary to prevent attacks against our nation, we’ll take direct action against terrorists. We’ll continue to also partner with nations from Afghanistan to Nigeria to build up their security forces. We’re going to work day and night with allies and partners to disrupt terrorist networks and thwart attacks, and to smother nascent ISIL cells that may be trying to develop in other parts of the world.

This also includes remaining vigilant in protecting against attacks here in the homeland. Now, I think it’s important for us to recognize the threat of violent extremism is not restricted to any one community. Here in the United States, we’ve seen all kinds of homegrown terrorism. And tragically, recent history reminds us how even a single individual motivated by a hateful ideology with access to dangerous weapons can inflict horrendous harm on Americans. So our efforts to counter violent extremism must not target any one community because of their faith or background, including patriotic Muslim Americans who are our partners in keeping our country safe.

That said, we also have to acknowledge that ISIL has been particularly effective at reaching out to and recruiting vulnerable people around the world, including here in the United States. And they are targeting Muslim communities around the world. Numerous individuals have been arrested across the country for plotting attacks or attempting to join ISIL in Syria and Iraq. Two men apparently inspired by ISIL opened fire in Garland, Texas. And because of our success over the years in improving our homeland security, we’ve made it harder for terrorists to carry out large-scale attacks like 9/11 here at home.

But the threat of lone wolves or small cells of terrorists is complex — it’s harder to detect and harder to prevent. It’s one of the most difficult challenges that we face. And preventing these kinds of attacks on American soil is going to require sustained effort.

So I just want to repeat, the good news is that because of extraordinary efforts from law enforcement as well as our military intelligence, we are doing a better job at preventing any large-scale attacks on the homeland. On the other hand, the small, individual lone wolf attacks or small cells become harder to detect and they become more sophisticated, using new technologies. And that means that we’re going to have to pick up our game to prevent these attacks.

It’s also true why, ultimately, in order for us to defeat terrorist groups like ISIL and al Qaeda it’s going to also require us to discredit their ideology — the twisted thinking that draws vulnerable people into their ranks. As I’ve said before — and I know our military leaders agree — this broader challenge of countering violent extremism is not simply a military effort. Ideologies are not defeated with guns; they’re defeated by better ideas — a more attractive and more compelling vision.

So the United States will continue to do our part, by working with partners to counter ISIL’s hateful propaganda, especially online. We’ll constantly reaffirm through words and deeds that we will never be at war with Islam. We’re fighting terrorists who distort Islam and whose victims are mostly Muslims. But around the world, we’re also going to insist on partnering with Muslim communities as they seek security, prosperity and the dignity that they deserve. And we’re going to expect those communities to step up in terms of pushing back as hard as they can, in conjunction with other people of goodwill, against these hateful ideologies in order to discredit them more effectively, particularly when it comes to what we’re teaching young people.

And this larger battle for hearts and minds is going to be a generational struggle. It’s ultimately not going to be won or lost by the United States alone. It will be decided by the countries and the communities that terrorists like ISIL target. It’s going to be up to Muslim communities, including scholars and clerics, to keep rejecting warped interpretations of Islam, and to protect their sons and daughters from recruitment. It will be up to all people — leaders and citizens — to reject the sectarianism that so often fuels the resentments and conflicts upon which terrorists are currently thriving. It will be up to governments to address the political and economic grievances that terrorists exploit.

Nations that empower citizens to decide their own destiny, that uphold human rights for all their people, that invest in education and create opportunities for their young people — those can be powerful antidotes to extremist ideologies. Those are the countries that will find a true partner in the United States.

In closing, let me note that this Fourth of July we celebrated 239 years of American independence. Across more than two centuries, we’ve faced much bigger, much more formidable challenges than this — Civil War, a Great Depression, fascism, communism, terrible natural disasters, 9/11. And every time, every generation, our nation has risen to the moment. We don’t simply endure; we emerge stronger than before. And that will be the case here.

Our mission to destroy ISIL and to keep our country safe will be difficult. It will take time. There will be setbacks as well as progress. But as President and Commander-in-Chief, I want to say to all our men and women in uniform who are serving in this operation — our pilots, the crews on the ground, our personnel not only on the ground but at sea, our intelligence teams and our diplomatic teams — I want to thank you. We are proud of you, and you have my total confidence that you’re going to succeed.

To the American people, I want to say we will continue to be vigilant. We will persevere. And just as we have for more than two centuries, we will ultimately prevail.

Thank you very much, everybody. And thanks to the team up on the stage here with me — they’re doing an outstanding job.

Q Take a question?

THE PRESIDENT: You know what, I will take a question. Go ahead.

Q Every servicemember who is listening to you today, Mr. President, is wondering, are you going to veto the defense bills that are going to pay me? What is your latest thinking on that? Because we’ve heard secondhand through statements of policy that your advisors would threaten a veto. What’s your take, sir? Would you veto the appropriations bills?

THE PRESIDENT: Our men and women are going to get paid. And if you’ll note that I’ve now been President for six and a half years and we’ve had some wrangling with Congress in the past — our servicemembers haven’t missed a paycheck.

But what is also important in terms of our budget is making sure that we are not short-changing all the elements of American power that allow us to secure the nation and to project our power around the world. So what we’re not going to do is to accept a budget that short-changes our long-term requirements for new technologies, for readiness. We’re not going to eat our seed corn by devoting too much money on things we don’t need now and robbing ourselves of the capacity to make sure that we’re prepared for future threats.

I’ve worked very closely with the Chairman and the members of the Joint Chiefs of Staff to develop a budget that is realistic and that looks out into the future and says this is how we’re going to handle any possible contingency. And we can’t do that if we’ve got a budget that short-changes vital operations and continues to fund things that are not necessary.

We also have to remind ourselves that the reason we have the best military in the world is, first and foremost, because we’ve got the best troops in history. But it’s also because we’ve got a strong economy, and we’ve got a well-educated population. And we’ve got an incredible research operation and universities that allow us to create new products that then can be translated into our military superiority around the world. We short-change those, we’re going to be less secure.

So the way we have to look at this budget is to recognize that, A, we can’t think short term, we’ve got to think long term; and B, part of our national security is making sure that we continue to have a strong economy and that we continue to make the investments that we need in things like education and research that are going to be vital for us to be successful long term.

Q As an Army reservist, I’m curious to know if you have any plans to send any more American troops overseas right now, any additional forces.

THE PRESIDENT: There are no current plans to do so. That’s not something that we currently discussed. I’ve always said that I’m going to do what’s necessary to protect the homeland.

One of the principles that we all agree on, though, and I pressed folks pretty hard because in these conversations with my military advisors I want to make sure I’m getting blunt and unadultered [sic] uncensored advice. But in every one of the conversations that we’ve had, the strong consensus is that in order for us to succeed long-term in this fight against ISIL we have to develop local security forces that can sustain progress.

It is not enough for us to simply send in American troops to temporarily set back organizations like ISIL, but to then, as soon as we leave, see that void filled once again with extremists. It is going to be vital for us to make sure that we are preparing the kinds of local ground forces and security forces with our partners that can not only succeed against ISIL, but then sustain in terms of security and in terms of governance.

Because if we try to do everything ourselves all across the Middle East, all across North Africa, we’ll be playing Whack-a-Mole and there will be a whole lot of unintended consequences that ultimately make us less secure.

All right? Thank you. I didn’t even plan to do this. (Laughter.) You guys got two bonus questions.

Thank you.

http://www.nydailynews.com/news/politics/transcript-donald-trump-2016-presidential-announcement-article-1.2260117

Donald Trump

From Wikipedia, the free encyclopedia
For other uses, see Donald Trump (disambiguation).
Donald Trump
Donald Trump March 2015.jpg

Trump at the 2015 Conservative Political Action Conference (CPAC), March 2015
Born Donald John Trump
June 14, 1946 (age 69)
Queens, New York, US
Residence
Alma mater Fordham University (transferred)
University of Pennsylvania (B.S. Economics)
Occupation  • Chairman and president of The Trump Organization[1]
• Chairman of Trump Plaza Associates, LLC[2]
• Chairman of Trump Atlantic City Associates[2]
• Host of The Apprentice(formerly)
Years active 1968–present
Salary $60 million[2]
Net worth Increase US$4.1 billion (July 2015)[2]
Political party Republican (Before 1999; 2009–2011; 2012-present)
Reform Party (1999–2001)[3]
Democratic (2001–2009)[4]
Independent (2011–2012)[5]
Religion Presbyterianism[6]
Spouse(s) Ivana Zelníčková (1977–1992)
Marla Maples (1993–1999)
Melania Knauss (2005–present)
Children Donald
Ivanka
Eric
Tiffany
Barron
Signature
Donald Trump Signature.svg
Website
Official website

Donald John Trump, Sr. (born June 14, 1946) is an American business magnate, investor,[7] television personality, author, and politician. Currently running for the office of President of the United States, he is the chairman and president of The Trump Organization, and the founder of Trump Entertainment Resorts.[1] Trump’s lifestyle and outspoken manner, as well as his best-selling books and media appearances, have also made him an American celebrity, a status which has been further amplified by the success of the NBC reality show The Apprentice that he hosted.[2]

Trump is a son of Fred Trump, a prominent New York City real estate developer.[8] Donald Trump worked for his father’s firm, Elizabeth Trump & Son, while attending the Wharton School of the University of Pennsylvania, and in 1968 officially joined the company.[9] He was given control of the company in 1971 and renamed it The Trump Organization.[10][11] Trump remains a major figure in the real estate industry in the United States and a celebrity for his prominent media exposure.[12]

In 2010, Trump expressed an interest in becoming a candidate for President of the United States in the 2012 election,[13][14] but in May 2011, he announced he would not run.[15] He was a featured speaker at the 2013Conservative Political Action Conference (CPAC).[16] In 2013, Trump began researching a possible presidential bid in the 2016 election,[17][18] and, on June 16, 2015, he formally announced his candidacy for President of the United States in the 2016 election at Trump Tower in Manhattan, to which end he is seeking the nomination of the Republican Party.[19][20]

Early life and education

Trump was born on June 14, 1946, in Queens, New York, one of five children of Mary Anne (née MacLeod) and Fred Trump, who married in 1936. His oldest brother, Fred Jr., died in 1981 at the age of 43.[21] Trump’s mother was a Scottish immigrant, born on the Isle of Lewis, off the west coast of Scotland,[22] and Trump’s paternal grandparents were German immigrants.[23] His grandfather, Frederick Trump ( Friedrich Drumpf), immigrated to the United States in 1885, and became a naturalized United States citizen in 1892. Frederick married Donald’s grandmother, Elisabeth Christ (October 10, 1880 – June 6, 1966),[24] at Kallstadt, Bavaria, Germany, on August 26, 1902. They had three children.

Trump attended the Kew-Forest School in Forest Hills, Queens, as did some of his siblings. At age 13, after he had some difficulties there, his parents sent him to the New York Military Academy (NYMA), hoping to direct his energy and assertiveness in a positive manner.[25] At NYMA, in rural New York, Trump earned academic honors,[citation needed] and played varsity football in 1962,[citation needed] varsity soccer in 1963,[citation needed] and varsity baseball from 1962 to 1964[citation needed] (baseball captain 1964).[citation needed]

Trump attended Fordham University in the Bronx for two years, before transferring to the Wharton School of the University of Pennsylvania, because Wharton then had one of the few real estate studies departments in U.S. academia.[26] He graduated in 1968, with a Bachelor of Science degree in economics.[27]

Business career

Trump began his career at his father’s real estate company,[28] Elizabeth Trump and Son,[29] which focused on middle-class rental housing in Brooklyn, Queens, and Staten Island. One of Trump’s first projects, while he was still in college, was the revitalization of the foreclosed Swifton Village apartment complex in Cincinnati, Ohio, which his father had purchased for $5.7 million in 1962. Trump became intimately involved in the project and with a $500,000 investment, turned the 1200-unit complex with a 66 percent vacancy rate to 100 percent occupancy within two years.[citation needed] In 1972 the Trump Organization sold Swifton Village for $6.75 million.[30]

In 1971, Trump moved to Manhattan and became involved in larger building projects and used attractive architectural design to win public recognition.[8] He made plans to acquire and develop the old Penn Central for $60 million with no money down.[31] Later, with the help of a 40-year tax abatement from the New York City government, he turned the bankrupt Commodore Hotel into the Grand Hyatt[32] and created The Trump Organization.[33]

New York City had a plan to build the Javits Convention Center on property for which Trump held a right-to-buy option. Trump estimated his company could have completed the project for $110 million[34] but the city rejected his offer and Trump received a broker’s fee on the sale of the property instead. Repairs on The Wollman Rink in Central Park (built in 1955) were started in 1980 with an expected 2½-year construction schedule but was nowhere near completion by 1986. Trump took over the management of the project, at no cost to the city, and completed it in three months for $1.95 million, which was $750,000 less than the initial budget.[35]

In 1988, Trump acquired the Taj Mahal Casino in a transaction with Merv Griffin and Resorts International.[36] This expansion, both personal and business, led to mounting debt.[37]

By 1989, poor business decisions left Trump unable to meet loan payments. Trump financed the construction of his third casino, the $1 billion Taj Mahal, primarily with high-interest junk bonds. Although he shored up his businesses with additional loans and postponed interest payments, by 1991 increasing debt brought Trump to business bankruptcy[37] and to the brink of personal bankruptcy. Banks and bond holders had lost hundreds of millions of dollars, but opted to restructure his debt to avoid the risk of losing more money in court. The Taj Mahal emerged from bankruptcy on October 5, 1991, with Trump ceding 50 percent ownership in the casino to the original bondholders in exchange for lowered interest rates on the debt and more time to pay it off.[38]

The late 1990s saw a resurgence in his financial situation. In 2001, he completed Trump World Tower, a 72-story residential tower across from the United Nations Headquarters.[39] Also, he began construction on Trump Place, a multi-building development along theHudson River. Trump owns commercial space in Trump International Hotel and Tower, a 44-story mixed-use (hotel and condominium) tower on Columbus Circle. Trump owns several million square feet of prime Manhattan real estate.[40]

Trump has developed many real estate projects, such as Trump International Hotel and Tower – Honolulu, Trump International Hotel and Tower – Chicago, Trump International Hotel and Tower – Toronto, and Trump Tower – Tampa. In Fort Lauderdale, Florida, one Trump construction project was put on hold in favor of another (Trump International Hotel and Tower – Fort Lauderdale). Meanwhile, Trump Towers – Atlanta is being developed in a housing market having the nation’s second-highest inventory of unsold homes.[41]

In 2015, Forbes estimated his net worth at $4.1 billion.[2] In June 2015, Business Insider published a June 30, 2014, financial statement supplied by Trump. The statement reflects his net worth as $8.7 billion. Of that amount, $3.3 billion is represented by “Real Estate Licensing Deals, Brand and Branded Developments”, described by Business Insider as “basically [implying] that Trump values his character at $3.3 billion”.[42]

Business ventures and investments

The Trump Organization owns, operates, develops and invests in real estate around the world such as Trump International Hotel and Tower in Chicago.

Trump branding and licensing

Beyond his traditional ventures in the real estate, hospitality, and entertainment industries and having carved out a niche for the Trump brand within these industries, Trump has since then moved on to establish the Trump name and brand in other industries and products. Trump has succeeded in marketing the Trump name on a large number of products, including Trump Financial (a mortgage firm), Trump Sales and Leasing (residential sales), Trump Restaurants (located in Trump Tower and consisting of Trump Buffet, Trump Catering, Trump Ice Cream Parlor, and Trump Bar), GoTrump (an online travel website),[43] Donald J. Trump Signature Collection (a line of menswear, men’s accessories, and watches), Donald Trump The Fragrance (2004), Trump magazine, Trump Golf, Trump Chocolate, Trump home (home furnishings), Trump Productions (a television production company), Trump Institute, Trump The Game (1989 board game), Donald Trump’s Real Estate Tycoon (a business simulation game), Trump Books, Trump Model Management, Trump Shuttle, Trump Ice, Trump Mortgage, Trump Vodka, and Trump Steaks. In addition, Trump reportedly receives $1.5 million for each one-hour presentation he does for The Learning Annex.[44]

In 2011, Forbes’ financial experts estimated the value of the Trump brand at $200 million. Trump disputes this valuation, saying that his brand is worth about $3 billion.[45] Many developers pay Trump to market their properties and to be the public face for their projects.[46] For that reason, Trump does not own many of the buildings that display his name.[46] According to Forbes, this portion of Trump’s empire, actually run by his children, is by far his most valuable, having a $562 million valuation. According to Forbes there are 33 licensing projects under development including seven “condo hotels” (the seven Trump International Hotel and Tower developments).

Net worth

In April 2011, amidst speculation whether Trump would run as a candidate in the US presidential election of 2012, Politico quoted unnamed sources close to him stating that, if Trump should decide to run for president, he would file “financial disclosure statements that [would] show his net worth [was] in excess of $7 billion with more than $250 million of cash, and very little debt.”[47] (Presidential candidates are required to disclose their finances after announcing their intentions to run.) Although Trump did not run as a candidate in the 2012 elections, his professionally prepared 2012 financial disclosure was published in his book stating a $7 billion net worth.[48]Estimates of Trump’s net worth have fluctuated along with real estate valuations: In 2015, Forbes listed it as $4.1 billion.[49] On June 16, 2015, just prior announcing his candidacy for President of the United States, Trump released professionally prepared financial disclosure statements to the media stating a net worth of almost $9 billion.[50] Some business journalists have expressed skepticism of the higher net worth estimate.[51]

Trump Tower

Trump Tower, at 725 Fifth Avenue, Manhattan

Trump Tower is a 58-story mixed-use skyscraper at 725 Fifth Avenue, at the corner of East 56th Street in Midtown Manhattan, New York City. It was developed by Trump and the Equitable Life Assurance Company. It is now just developed/owned by Donald Trump, and designed by Der Scutt of Swanke, Hayden Connell.[citation needed]

Stock market investments

In 2011, Trump made a rare foray into the stock market after being disappointed with the depressed American real estate market and facing poor returns on bank deposits. He stated that he wasn’t a stock market person, but he also stated that prime real estate at good prices is hard to get. Among the stocks Trump purchased, he stated he bought stock in Bank of America, Citigroup, Caterpillar Inc., Intel, Johnson & Johnson and Procter & Gamble.[7] In December 2012, Trump revealed that he also added shares of Facebook to his stock portfolio.[52]

Sports

In 1983 Trump purchased the New Jersey Generals for the inaugural season of the United States Football League (USFL). Trump tried to lure legendary coach Don Shula from the Miami Dolphins. Legend has it that Shula asked for a condominium in Trump Tower as part of his deal and Trump balked at the prospect. Once Shula declined, the Generals hired former New York Jets head coach Walt Michaels. Prior to the inaugural season Trump sold the franchise to Oklahoma oil magnate J. Walter Duncan. Prior to the 1984 season, Duncan sold the team back to Trump.[53]

The USFL planned to play its 1986 schedule in the fall, directly opposite the NFL, thanks mostly to Trump’s strong advocacy of direct competition with the older, established league. Two years earlier, Trump sold most of his fellow owners on a move to the fall by arguing that it would eventually force a merger with the NFL—in which the owners of any USFL teams included in a merger would see their investment more than double.

The Generals merged with the Houston Gamblers during the extended offseason, adding such stars as quarterback Jim Kelly and wide receiver Ricky Sanders. Michaels was fired, replaced with former Gamblers coach Jack Pardee, who planned to bring the Gamblers’ high-powered run and shoot offense with him. However, the USFL’s “Dream Team” never took the field. The 1986 season was cancelled after the USFL won a minimal verdict in anantitrust lawsuit against the NFL; the league folded soon afterward.

Trump at one time acted as a financial advisor for Mike Tyson,[54] hosting Tyson’s fight against Michael Spinks in Atlantic City.[55]

Following the death of Buffalo Bills owner Ralph Wilson Jr. in March 2014, Trump expressed public interest in purchasing the team. When speaking to the media, Trump has made it clear that should he purchase the team, the Bills would remain in Buffalo.[56]Ultimately, the team was sold to Kim and Terrence Pegula in September 2014.[57]

Golf

Turnberry Hotel, Ayrshire, Scotland

The Trump Organization operates many golf courses and resorts in the United States and around the world.[58] On February 11, 2014, it was announced that Trump had purchased Doonbeg Golf Club in the Republic of Ireland. It was confirmed that Doonbeg Golf Club would be renamed Trump International Golf Links, Ireland.[59] In 2006, Trump bought the Menie estate in Balmedie, Aberdeenshire, Scotland creating a highly contentious golf resort.[60][61] In April 2014, Trump purchased the Turnberry hotel and golf resort in Ayrshire, Scotland, which is a regular fixture in the Open Championship rota.[62][63] In June 2015, Trump’s appeal objecting to an offshore windfarm (Aberdeen Bay Wind Farm) within sight of the golf links was denied.[64]

Beauty pageants

Further information: Miss USA and Miss Universe

The Miss Universe and Miss USA have been owned by Donald Trump since 1996 and are among the most recognized beauty pageants. The pageant was founded in 1952 by the California clothing company Pacific Mills. In 2015, Trump awarded the Reelz Channel exclusive rights to air the Miss Universe and Miss USA Pageants.[65]

Entertainment media

Trump with Dennis Rodmanduring the latter’s participation on The Apprentice.

In the media, Donald Trump is a two-time Emmy Award–nominated personality, has made appearances as a caricatured version of himself in television series and films (e.g. Home Alone 2: Lost in New York, The Nanny, The Fresh Prince of Bel-Air, Days of Our Lives, Wall Street: Money Never Sleeps.[66]), and as a character (The Little Rascals). He has been the subject of comedians, Flash cartoon artists, and online caricature artists. Trump also has his own daily talk radio program called Trumped!.[67][68][69][70]

In March 2011, Trump was the subject of a Comedy Central Roast. The special was hosted by Seth MacFarlane, and roasters included Larry King, Snoop Dogg, and Anthony Jeselnik among regular roast participants. Trump’s daughter Ivanka was seen in the audience. In April 2011, Trump attended the White House Correspondents’ Dinner, featuring comedian Seth Meyers. President Obama used the occasion to present several prepared jokes mocking Trump.[71]

The Apprentice

In 2003, Trump became the executive producer and host of the NBC reality show, The Apprentice, in which a group of competitors battled for a high-level management job in one of Trump’s commercial enterprises. Contestants were successively “fired” and eliminated from the game. In 2004, Donald Trump filed a trademark application for the catchphraseYou’re fired.”[3][4][5]

For the first year of the show, Trump was paid $50,000 per episode (roughly $700,000 for the first season), but following the show’s initial success, he is currently[when?] paid a reported $3 million per episode, making him one of the highest paid TV personalities.[citation needed] In 2007, Trump received a star on the Hollywood Walk of Fame for his contribution to television (The Apprentice).

Along with British TV producer Mark Burnett, Trump also put together The Celebrity Apprentice, in which well-known stars compete to win money for their charities. While Trump and Burnett co-produced the show, Trump stayed in the forefront, deciding winners and “firing” losers.

In February 2015, Trump opted not to renew his television contract for The Apprentice, generating speculation of his eventual run for President of the United States in 2016.[72]

World Wrestling Entertainment

Trump is a known World Wrestling Entertainment fan and friend of WWE owner Vince McMahon. He has hosted two WrestleMania events in the Trump Plaza and has been an active participant in several of the shows.[73] Trump’s Trump Taj Mahal in Atlantic City was host to the 1991 WBF Championship (which was owned by WWE, known at the time as the “World Wrestling Federation”). Trump was interviewed by Jesse Ventura ringside at WrestleMania XX.[74]

He also appeared at WrestleMania 23 in a match called “The Battle of the Billionaires”.[73] Trump was in the corner of Bobby Lashley, while Vince McMahon was in the corner of Lashley’s opponent Umaga with Stone Cold Steve Austin as the special guest referee.[73]The stipulation of the match was hair versus hair, which means that either Trump or McMahon would have their head shaved if their competitor lost.[73] Lashley won the match, and he and Trump shaved McMahon bald.[73]

On June 15, 2009, as part of a storyline, McMahon announced on Monday Night Raw that he had “sold” the show to Trump.[73] Appearing on screen, Trump declared he would be at the following commercial-free episode in person and would give a full refund to the people who purchased tickets to the arena for that night’s show.[73] McMahon “bought back” Raw the following week for twice the price.[73] His entrance theme “Money, Money” was written by Jim Johnston.

Trump was inducted into the celebrity wing of the WWE Hall of Fame in 2013 at Madison Square Garden for his contributions to the promotion. He made his fifth WrestleMania appearance the next night.[75]

Politics

Donald Trump speaking at the 2015 Conservative Political Action Conference (CPAC) in National Harbor, Maryland on February 27, 2015.

A 2011 report by the Center for Responsive Politics showed that over two decades of U.S. elections, Donald Trump made contributions to campaigns of both Republican Party and Democratic Party candidates.[76] In February 2012, Trump endorsed Mitt Romney for president of the United States.[77] Trump was an early supporter of Ronald Reagan for president of the United States.[78]

At the 2011 CPAC conference, Trump stated that he is “pro-life” and “against gun control.”[79][80][81] He has spoken before Tea Party supporters.[82][83][84] Trump has expressed himself against the scientific consensus that no evidence links the childhood vaccination to the development of autism.[85][86][87][88]In May 2015, Trump opposed giving President Obama fast track trade authority for the Trans Pacific Partnership trade agreement.[89] Instead, he has called for stronger negotiations with China on trade and tariffs if necessary.[90][91][92] Trump has advocated a policy of stronger leadership to deal with the Organization of Petroleum Exporting Countries (OPEC), which he has blamed for high oil prices.[93][94]

Trump floated the idea of running for president in 1988, 2004, and 2012, and for governor of New York in 2006 and 2014, but did not enter those races.[95][96] He ran for the presidential nomination of the Reform Party in 2000, winning the party’s California primary.[97][98][99][100] As Trump publicly speculated about seeking the 2012 Republican presidential nomination, a Wall Street Journal/NBC News poll released in March 2011 found Trump leading among potential contenders, one point ahead of former Massachusetts Governor Mitt Romney.[101] A Newsweek poll conducted in February 2011 showed Trump within a few points of Barack Obama, with many voters undecided in the November 2012 general election for president of the United States.[102] A poll released in April 2011 by Public Policy Polling showed Trump having a nine-point lead in a potential contest for the Republican nomination for President of the United States while he was still actively considering a run.[103][104] His moves were interpreted at the time by some media as possible promotional tools for his reality show The Apprentice.[15][105][106] On May 16, 2011, Trump announced he would not run for president.[15] Public Policy Polling described the events of May 2011 as “one of the quickest rises and falls in the history of presidential politics”.[107] In December 2011, Donald Trump was named among the top six of the ten most admired men and women living, according to a USA Today/Gallup poll.[108]

In 2013, Trump was a featured speaker at the Conservative Political Action Conference (CPAC),[16] and spent over $1 million to research a possible run for president of the United States.[17] In October 2013, New York Republicans had circulated a memo suggesting Trump should run of governor of the state in 2014 against Andrew Cuomo. Trump said that while New York had problems and taxes were too high, running for governor was not of great interest to him.[109] In February 2015, Trump opted not to renew his television contract for The Apprentice, generating speculation that he might run for President of the United States in 2016.[72]

In January 2013, Trump (who is a notably popular figure in Israel)[110] endorsed Israeli Prime Minister Benjamin Netanyahu during the 2013 Israeli elections, stating that “A strong prime minister is a strong Israel.”[111][112] In 2015, Trump was awarded the ‘Liberty Award’ at the ‘Algemeiner Jewish 100 Gala’ in honor of his positive contributions to US-Israel relations.[113]

Presidential campaign, 2016

Trump formally announced his candidacy for president of the United States in the 2016 elections on June 16, 2015, from his headquarters in Trump Tower in New York City.[19][20] Trump’s announcement speech included the song “Rockin’ in the Free World“.[114]Trump launched his campaign declaring the official slogan, “We are going to make our country great again” with a commitment to become the “greatest jobs president that God ever created”.[20]

Personal life

Donald Trump

Trump is popularly known as The Donald, a nickname perpetuated by the media after his first wife Ivana Trump, a native of the Czech Republic, referred to him as such in an interview.[115]

Trump’s mother, Mary Anne, was born in 1912 at Tong, Stornoway on the Isle of Lewis, off the coast of Scotland. In 1930, aged 18, on a holiday in New York, she met Fred Trump and stayed in New York. Born in Queens, New York,[116] Trump has four siblings: two brothers, Fred, Jr. (who is deceased) and Robert S. Trump; and two sisters, Maryanne and Elizabeth. His older sister, Maryanne Trump Barry, is a federal appeals court judge.

In 1977, Trump married Ivana Zelníčková and together they have three children: Donald, Jr. (born December 31, 1977), Ivanka (born October 30, 1981), and Eric (born January 6, 1984). They were divorced in 1992. In 1993, he married Marla Maples and together they had one child, Tiffany (born October 13, 1993). They divorced on June 8, 1999. In a February 2008 interview on ABC’s news program Nightline, Trump commented on his ex-wives by saying, “I just know it’s very hard for them [Ivana and Marla] to compete because I do love what I do. I really love it.”

On April 26, 2004, he proposed to Melania Knauss, a native of Slovenia. Trump and Knauss married on January 22, 2005, at Bethesda by the Sea Episcopal Church, on the island of Palm Beach, Florida, followed by a reception at Trump’s Mar-A-Lago estate.[117] Melania gave birth to a boy named Barron William Trump, Trump’s fifth child, on March 20, 2006.[118][119]

Trump has seven grandchildren: five from his son Donald Jr. (Kai Madison,[120] Donald John III,[121] Tristan Milos,[122] Spencer Frederick and Chloe Sophia) and two from his daughter Ivanka (Arabella Rose and Joseph Frederick[123][124]).

Trump is a Presbyterian.[6] In an April 2011 interview, on the 700 Club, Trump said, “I’m a Protestant, I’m a Presbyterian. And you know I’ve had a good relationship with the church over the years. I think religion is a wonderful thing. I think my religion is a wonderful religion.”[125][126] A February 2011 Politics Daily article described Trump as “apparently a member of the Dutch Reformed Church, which is a Presbyterian denomination”.[127] Andrew Cusack in 2008 stated that Donald Trump is a member of New York City’s Marble Collegiate Church. Explaining that church’s organizational relationships, Cusack says “the Collegiate Reformed Protestant Dutch Church is actually a denomination within a denomination” and that the Collegiate Churches are “now part of the Reformed Church of America“.[128] Marble Collegiate Church also states that it is denominationally affiliated with the Reformed Church in America,[129] with the RCA website stating that the RCA has a local church “presbyterian form of government”.[130] Trump does not drink alcohol.[131] Of his daughter Ivanka’s conversion to Judaism he said: “Not only do I have Jewish grandchildren, I have a Jewish daughter and I am very honored by that.”[132]

Legal affairs

Trump manages business financing as far as possible without placing himself at risk of personal bankruptcy.[133] Four of his businesses have declared Chapter 11 bankruptcy.[133][134] According to a 2011 report by Forbes, these were due to over-leveraged hotel and casino businesses in Atlantic City: Trump’s Taj Mahal (1991), Trump Plaza Hotel (1992), Trump Hotels and Casino Resorts (2004), and Trump Entertainment Resorts (2009)[135][136]Trump said “I’ve used the laws of this country to pare debt. … We’ll have the company. We’ll throw it into a chapter. We’ll negotiate with the banks. We’ll make a fantastic deal. You know, it’s like on ‘The Apprentice.’ It’s not personal. It’s just business.”[137] He indicated that other “great entrepreneurs” do the same.[135]

Trump’s first corporate bankruptcy was in 1991 when Trump Taj Mahal was unable to pay its obligations.[137] Forbes indicated that his first bankruptcy was the only one where his personal wealth was involved. Time, however, maintains that also in the later 2004 bankruptcy $72 million personal money was involved.[138]

On November 2, 1992, the Trump Plaza Hotel filed a prepackaged Chapter 11 protection plan. Under the plan, Trump agreed to give up a 49 percent stake in the luxury hotel to Citibank and five other lenders.[139] In return Trump would receive more favorable terms on the remaining $550+ million owed to the lenders, and retain his position as chief executive, though he would not be paid and would not have a role in day-to-day operations.[140]

In the subsequent restructuring of these two events Trump had eliminated a large portion of his $900 million personal debt by 1994[141] and reduced significantly his nearly $3.5 billion in business debt. While he relinquished theTrump Princess yacht and the Trump Shuttle (which he had bought in 1989), he managed to retain Trump Tower in New York City and control of his three casinos in Atlantic City. Trump sold his ownership of West Side Yards to Asian developers as a result of his negotiations with Chase Manhattan Bank. Trump was reportedly paid a premium for placing his well known moniker on the buildings that eventually arose. In 1995, he combined his casino holdings into the publicly held Trump Hotels & Casino Resorts. The real estate assets became a source of wealth even when profits had struggled.[142]

The third corporate bankruptcy was on October 21, 2004, when Trump Hotels & Casino Resorts announced a restructuring of its debt.[143] The plan called for Trump’s individual ownership to be reduced from 56 percent to 27 percent, with bondholders receiving stock in exchange for surrendering part of the debt. Trump Hotels was forced to seek voluntary bankruptcy protection to stay afloat. After the company applied for Chapter 11 Protection in November 2004, Trump opted to relinquish his CEO position but retained a role as Chairman of the board. In May 2005[144] the company emerged from bankruptcy as Trump Entertainment Resorts Holdings.[145]

The most recent corporate bankruptcy occurred in 2009. On February 13, Trump announced that he would resign from the board of Trump Entertainment Resorts and four days later the company filed for Chapter 11 bankruptcy.[146] At that time Trump Entertainment Resorts had three properties in Atlantic City: Trump Taj Mahal, Trump Plaza, and Trump Marina (sold in 2011). In early August 2014 Donald Trump filed a lawsuit requesting his name be removed from the Trump Plaza Hotel and Casino and the Taj Mahal facilities since he no longer runs or controls the company.[147] Trump Entertainment Resorts filed again for bankruptcy in 2014.[148]

In March 1990, after an analyst at Janney Montgomery Scott said that Trump’s Taj Mahal project would initially “break records” but would fail before the end of that year, Trump threatened to sue the firm unless the analyst recanted or was fired. The analyst refused to retract the statements, and was fired by his firm.[149] Taj Mahal declared bankruptcy for the first time in November 1990.[150] A defamation lawsuit by the analyst against Trump for $2 million was settled out of court.[151] The analyst’s statements regarding the Taj Mahal’s prospects were later called “stunningly accurate.”[152]

In January 2002, the Securities and Exchange Commission brought a financial-reporting case against Trump Hotels & Casino Resorts Inc., alleging that it had committed several “misleading statements in the company’s third-quarter 1999 earnings release.” The matter was settled with the defendant neither admitting nor denying the charge.[153]

During the 2008 financial crisis Trump International Hotel and Tower in Chicago was unable to sell sufficient units. Lender Deutsche Bank refused to let Trump lower the prices on the units to spur sales. Arguing that the financial crisis and resulting drop in the real estate market is due to circumstances beyond his control, Trump invoked a clause in the contract to not pay the loan.[154] Trump then initiated a suit asserting that his image had been damaged. Both parties agreed to drop their suits, and sale of the units went on.[155]

In 2015 Trump initiated a $100 million lawsuit against Palm Beach County claiming that officials pressured the FAA to direct air traffic to the Palm Beach International Airport in a “deliberate and malicious” act over his Mar-A-Lago estate.[156] The air traffic is allegedly damaging the construction of the building and disrupting its ambience. Trump had previously sued twice over airport noise.[156]

Other controversies

In 1973, the Justice Department unsuccessfully sued Trump Management Corporation for alleged racial discrimination, at which time Trump was the company’s president.[157] The federal government filed the lawsuit against his New York City real estate company for allegedly discriminating against potential black renters to which Trump never admitted, the case was settled out of court in 1975.[158]

A 1991 book, Trumped!!, by John R. O’Donnell, former president of Trump Plaza Hotel & Casino, claimed that Trump once said in reference to a black accountant at Trump Plaza: “laziness is a trait in blacks.” O’Donnell claimed he told him: “Black guys counting my money! I hate it. The only kind of people I want counting my money are short guys that wear yarmulkes every day.”[157][159] Trump responded that O’Donnell was a disgruntled employee.[157]

In April 2011, he questioned President Obama’s proof of citizenship.[160] Trump also questioned whether Obama had good enough grades to warrant entry to Harvard Law School.[161] On April 25, 2011, Trump called for Obama to end the citizenship issue by releasing the long-form of his birth certificate.[162][163] Obama eventually made a formal statement in efforts by the White House to put the matter to rest with the release of the long-form of Obama’s birth certificate on April 27, 2011.[164] Trump expressed pride at his role in the release of the long-form certificate in a press conference follow-up.[165]

On August 24, 2013, a lawsuit filed by New York Attorney General Eric Schneiderman, whose claims were dismissed by the Manhattan Superior Court, had accused Trump of defrauding more than 5,000 people of $40 million for the opportunity to learn Trump’s real estate investment techniques in a for-profit training program, Trump University.[166][167][168] On January 30, 2014, the New York court dismissed all of the Attorney General’s fraud claims against Trump, allowing only the licensing aspect of the case to proceed.[169] In October 2014, the New York court found Trump only liable for not obtaining a license to operate the for-profit investment school, Trump Entrepreneur Initiative, formerly known as Trump University.[170] In a separate class action civil suit in mid-February 2014, a San Diego federal judge allowed claimants in California, Florida, and New York to proceed.[171]

On June 5, 2013, Trump tweeted: “According to Bill O’Reilly, 80% of all the shootings in New York City are blacks-if you add Hispanics, that figure goes to 98%, 1% white”. Trump also tweeted: “Sadly, the overwhelming amount of violent crime in our major cities is committed by blacks and hispanics-a tough subject-must be discussed”.[172][173]

In late October 2014, model Alexia Palmer filed a civil suit against Trump Model Management for promising a $75,000 annual salary but paying only $3,380.75 for three years’ work. Palmer claims to be owed more than $200,000. Palmer charged that Trump Model Management, charged, in addition to a management fee, “obscure expenses” from postage to limousine rides that consumed the remainder of her compensation. Trump attorney Alan Garten claims the lawsuit is “bogus and completely frivolous.”[174][175]

Illegal immigration comments, 2015

Trump attracted reactions from opponents and defenders regarding comments on undocumented illegal immigration while announcing his candidacy for the U.S. presidency at Trump Tower on June 16, 2015 in New York City.[176] He stated in part, “When Mexico sends its people, they’re not sending their best. They’re not sending you. They’re not sending you. They’re sending people that have lots of problems, and they’re bringing those problems…. They’re bringing drugs. They’re bringing crime. They’re rapists. And some, I assume, are good people.”[176][177]

On July 6, 2015, Trump issued a 3-page, 881-word written statement clarifying his earlier comments on illegal immigration, which read in part:

The Mexican Government is forcing their most unwanted people into the United States. They are, in many cases, criminals, drug dealers, rapists, etc. This was evident just this week when, as an example, a young woman in San Francisco was viciously killed by a 5 time deported Mexican with a long criminal record, who was forced back into the United States because they didn’t want him in Mexico. This is merely one of thousands of similar incidents throughout the United States. In other words, the worst elements in Mexico are being pushed into the United States by the Mexican government. The largest suppliers of heroin, cocaine and other illicit drugs are Mexican cartels that arrange to have Mexican immigrants trying to cross the borders and smuggle in the drugs. The Border Patrol knows this. Likewise, tremendous infectious disease is pouring across the border. The United States has become a dumping ground for Mexico and, in fact, for many other parts of the world. On the other hand, many fabulous people come in from Mexico and our country is better for it. But these people are here legally, and are severely hurt by those coming in illegally. I am proud to say that I know many hard working Mexicans—many of them are working for and with me…and, just like our country, my organization is better for it.

Donald Trump, Written Statement released July 6, 2015.[178]

Reactions to illegal immigration comments

  • José Antonio Meade Kuribreña, Mexican Secretary of Foreign Affairs, said that “he is a politician who ignores the context in which it is participating”, with regard to US international economic relations and Trump’s comments.[179]
  • Univision announced it would no longer carry broadcasts of the Miss USA Pageant.[180] In response, Trump indicated the matter would be handled by legal action, and followed through by filing a $500 million lawsuit against Univision. The complaint asserts that Univision is attempting to suppress Trump’s First Amendment rights by putting pressure on his business ventures.[181]
  • Trump awarded exclusive rights to the Reelz Channel to broadcast the Miss Universe and Miss USA Pageants.[65]
  • Macy’s also announced it would phase out its Trump-branded merchandise.[187]
  • Paulina Vega, the current Miss Universe, said that, although she repudiates the immigration remarks of Trump,[191] who in turn called her a “hypocrite”,[192] that she cannot give up the crown because her contract forbids it, and she could be sued.[193]
  • Serta, a mattress manufacturer, also decided to drop their business relationship with Trump.[194]
  • Defenders of Trump’s remarks on illegal immigration and crime include U.S. Senator Ted Cruz, Congressman Steve King, and the survivors of victims.[209][210][211]
  • ESPN decided to relocate its ESPY Celebrity Golf Classic to the Pelican Hill Golf Club in Newport Beach. The charity golf tournament was once scheduled to be held at a golf course owned by Trump.[212]

Awards and honors

Trump’s star on the Hollywood Walk of Fame.

Bibliography

Trump has authored many books including:

  • Trump: The Art of the Deal (1987)
  • Trump: Surviving at the Top (1990)
  • Trump: The Art of Survival (1991)
  • Trump: The Art of the Comeback (1997)
  • Trump: How to Get Rich (2004)
  • The Way to the Top: The Best Business Advice I Ever Received (2004)
  • Trump: Think Like a Billionaire: Everything You Need to Know About Success, Real Estate, and Life (2004)
  • Trump: The Best Golf Advice I Ever Received (2005)
  • Why We Want You to be Rich: Two Men – One Message (2006), co-written with Robert Kiyosaki.
  • Think Big and Kick Ass in Business and Life (2007), co-written with Bill Zanker. (ISBN 978-0-06-154783-6)
  • The America We Deserve (2000) (with Dave Shiflett, ISBN 1-58063-131-2)
  • Trump: The Best Real Estate Advice I Ever Received: 100 Top Experts Share Their Strategies (2007)
  • Trump 101: The Way to Success (2007)
  • Trump Never Give Up: How I Turned My Biggest Challenges into Success (2008)
  • Think Like A Champion: An Informal Education in Business and Life (2009)
  • Trump Tower (2011) (a novel with Jeffrey Robinson, ISBN 978-1-59315-643-5)
  • Midas Touch: Why Some Entrepreneurs Get Rich-And Why Most Don’t (2011), co-written with Robert Kiyosaki. (ISBN 1-61268-095-X)
  • Time to Get Tough: Making America No. 1 Again. Regnery Publishing. December 5, 2011. p. 256. ISBN 978-1-59698-773-9.

See also

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The Ukraine Ceasefire Is A Failure — Will NATO Be Forced To Intervene? — Videos

Posted on February 22, 2015. Filed under: American History, Ammunition, Articles, Blogroll, British History, Business, Central Intelligence Agency (CIA), College, Communications, Computers, Corruption, Crime, Crisis, Diasters, Documentary, Economics, Education, Employment, Energy, Enivornment, European History, Faith, Family, Federal Bureau of Investigation (FBI), Federal Government, Federal Government Budget, Fiscal Policy, Foreign Policy, Fraud, Freedom, government, government spending, history, Inflation, Investments, Law, liberty, Life, Links, Missiles, Money, National Security Agency (NSA_, Natural Gas, Natural Gas, Oil, Oil, People, Philosophy, Photos, Pistols, Politics, Press, Radio, Rants, Raves, Regulations, Resources, Rifles, Security, Strategy, Talk Radio, Tax Policy, Taxes, Technology, Terrorism, Transportation, Unemployment, Video, War, Wealth, Weapons, Weather, Welfare, Wisdom, Writing | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

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Pronk Pops Show 421: February 20, 2015

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Story 2: The Ukraine Ceasefire Is A Failure — Will NATO Be Forced To Intervene? — Videos

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BBC News Ukraine crisis BBC meets last few Donetsk residents

Kerry says arming Ukrainian forces has not been ruled out

Conversation: Arming Ukraine with Lethal Weapons has Risks

Former U.S. Ambassador Kenneth Yalowitz discusses Ukraine ceasefire

Ceasefire appears to be failing in Ukraine

Ceasefire appears to be failing in Ukraine. Pro-Russian rebels now control key town

Shaky ceasefire in Ukraine

East Ukraine Opinion: Soldiers and residents in Artemivsk doubt ceasefire will last

Ukraine: Fighting continues despite truce

Fierce fighting is said to be continuing in the key Ukrainian town of Debaltseve, as the new ceasefire appears to be failing.

Rebels say they have taken most of the town, but the government says it is still in its control.

Gas Pipeline Blast Caught On Video, Hit By Shell In Eastern Ukraine

Ukraine and Natural Gas

Ukraine promised not to steal Russian gas from Europe

Russia halts plans for natural gas pipleine to Europe

Russia Expands Its Natural Gas Infrastructure (Agenda)

Caspian pipeline politics of Europe, Russia and China

Russia supplies more then 25 percent of Europe’s hydrocarbon needs. Ever since the natural gas cutoffs in 2006 and 2009, the European countries have been searched for ways to reduce their dependency on Russian oil and natural gas. In this context, the crisis in Ukraine has sparked a new drive for the search for alternative sources of energy. One project that is of particular interest, but underappreciated in the media, is the Trans-Caspian pipeline. If realized it would significantly change the energy map of Europe in the long term.

Fulcrium – Like it or not, Russian natural gas is here to stay – panel on European Energy Security

The LBS GES Energy Security panel addressed geo-political issues and challenges decision-makers face in the pursuit of European energy supply security in the wake of the Ukraine Crisis. Bottom line: The EU will remain dependent on Russian natural gas for decades to come irrespective of sanctions, source of supply diversification, and renewables agendas ! Likewise Moscow is dependent on the EU for 60% of Gazprom’s revenues. Like it or not, the EU and Russia are highly co-dependent as far as Russian natural gas is concerned.

Days after this debate took place, Russian President Vladimir Putin shelved the $40bn South Stream project designed to bypass Ukraine as the key transit state for Russian gas to Europe. And in a further twist, on 16 December 2014, German Chancellor Angela Merkel has urged Bulgaria to enter into dialogue with Moscow to revive the South Stream project. Perhaps this is a signal of a softening EU stance in order to rebuild economic ties with Russia, more out of a necessity to safeguard Germany’s and Bulgaria’s interests. Other countries which stood to gain from South Stream, including Serbia and Hungary, also want to rescue the project. Russia supplies about 25 percent of EU gas needs; half of that flows via Ukrainian transit pipelines. The EU’s most powerful economy, Germany, is still highly dependent on Russian natural gas, importing 30% of it’s annual gas consumption from Russia.

Panel Chair: Raju Patel, Chief Executive, Fulcrium

Panellists:

Vladimir Drebentsov, Vice President, BP Russia / Head of Russia & CIS Economics, BP Plc

Dr Tatiana Mitrova, Head of Oil and Gas Department in the Energy Research Institute of the Russian Academy of Sciences (ERI RAS), Board Director – E.ON Russia

Andrew Risk, Senior Associate – Political Risk, GPW + Co

David Buchan, Senior Research Fellow, The Oxford Institute for Energy Studies

Impact on world energy markets of Ukraine Crisis

The Effect of the Ukrainian Crisis on the Economy | Made in Germany

Psaki. Minsk Ceasefire. 19 Feb 2015 (Ukraine)

Ukraine: EU says ceasefire agreement not a failure

Military Forces Pull Out Of Besieged Ukrainian Town – Feb 19, 2015

Putin Tells Kiev to Let Troops Surrender as Ukraine Ceasefire Unravels

NATO Slams Russian Role in Ukraine Conflict: Stoltenberg says Kremlin must end insurgent support

Will the Ukraine-Russia deal stick?

WW3 NEWS UPDATE: The Strategic Role of UKRAINE in WW3

The Road to World War 3: Oil Prices, Ukraine, Russia, America, Collapse U.S. Dollar

Gen. Odierno Discusses Ukraine, NATO at Forum

The Role of Russia and NATO in Ukraine’s Civil War

Paul Craig Roberts: The Real Story Behind Oil Prices

The Road to World War 3: Ukraine, Russia and American Imperialism

 

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Listen To Pronk Pops Podcast or Download Shows 62-64

Listen To Pronk Pops Podcast or Download Shows 58-61

Listen To Pronk Pops Podcast or Download Shows 55-57

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Listen To Pronk Pops Podcast or Download Shows 49-51

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Listen To Pronk Pops Podcast or Download Shows 27-29

Listen To Pronk Pops Podcast or Download Shows 17-26

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Historic Progressive Politicians and Media Snow Job — Man-Made Computer Model Consensus Weather Forecast Busted — Never Mind — Dallas Hits 75 Degrees — Blame It On Global Warming — Give Me A Break — It Is Called Winter, Stupid — Both Weather and Climates Change — Videos

Posted on January 27, 2015. Filed under: Blogroll, College, Communications, Computers, Computers, Constitution, Crisis, Cult, Culture, Documentary, Economics, Education, Employment, Energy, Enivornment, External Hard Drives, Federal Government, Federal Government Budget, Fiscal Policy, Food, Freedom, Friends, Geology, government, government spending, history, liberty, Life, Links, Literacy, media, Money, Music, Music, Natural Gas, Natural Gas, Nuclear Power, Oil, Oil, People, Philosophy, Photos, Politics, Radio, Rants, Raves, Regulations, Resources, Science, Strategy, Systems, Tablet, Talk Radio, Tax Policy, Taxes, Technology, Video, Water, Wealth, Welfare, Writing | Tags: , , , , , , , , , , , , |

Project_1

The Pronk Pops Show Podcasts

Pronk Pops Show 404: January 27, 2015

Pronk Pops Show 403: January 26, 2015

Pronk Pops Show 402: January 23, 2015

Pronk Pops Show 401: January 22, 2015

Pronk Pops Show 400: January 21, 2015

Pronk Pops Show 399: January 16, 2015

Pronk Pops Show 398: January 15, 2015

Pronk Pops Show 397: January 14, 2015

Pronk Pops Show 396: January 13, 2015

Pronk Pops Show 395: January 12, 2015

Pronk Pops Show 394: January 7, 2015

Pronk Pops Show 393: January 5, 2015

Pronk Pops Show 392: December 19, 2014

Pronk Pops Show 391: December 18, 2014

Pronk Pops Show 390: December 17, 2014

Pronk Pops Show 389: December 16, 2014

Pronk Pops Show 388: December 15, 2014

Pronk Pops Show 387: December 12, 2014

Pronk Pops Show 386: December 11, 2014

Pronk Pops Show 385: December 9, 2014

Pronk Pops Show 384: December 8, 2014

Pronk Pops Show 383: December 5, 2014

Pronk Pops Show 382: December 4, 2014

Pronk Pops Show 381: December 3, 2014

Pronk Pops Show 380: December 1, 2014

Pronk Pops Show 379: November 26, 2014

Pronk Pops Show 378: November 25, 2014

Pronk Pops Show 377: November 24, 2014

Pronk Pops Show 376: November 21, 2014

Pronk Pops Show 375: November 20, 2014

Pronk Pops Show 374: November 19, 2014

Pronk Pops Show 373: November 18, 2014

Pronk Pops Show 372: November 17, 2014

Pronk Pops Show 371: November 14, 2014

Pronk Pops Show 370: November 13, 2014

Pronk Pops Show 369: November 12, 2014

Pronk Pops Show 368: November 11, 2014

Pronk Pops Show 367: November 10, 2014

Pronk Pops Show 366: November 7, 2014

Pronk Pops Show 365: November 6, 2014

Pronk Pops Show 364: November 5, 2014

Pronk Pops Show 363: November 4, 2014

Pronk Pops Show 362: November 3, 2014

Pronk Pops Show 361: October 31, 2014

Pronk Pops Show 360: October 30, 2014

Pronk Pops Show 359: October 29, 2014

Pronk Pops Show 358: October 28, 2014

Pronk Pops Show 357: October 27, 2014

Pronk Pops Show 356: October 24, 2014

Pronk Pops Show 355: October 23, 2014

Pronk Pops Show 354: October 22, 2014

Pronk Pops Show 353: October 21, 2014

Pronk Pops Show 352: October 20, 2014

Pronk Pops Show 351: October 17, 2014

Pronk Pops Show 350: October 16, 2014

Pronk Pops Show 349: October 15, 2014

Pronk Pops Show 348: October 14, 2014

Pronk Pops Show 347: October 13, 2014

Pronk Pops Show 346: October 9, 2014

Pronk Pops Show 345: October 8, 2014

Pronk Pops Show 344: October 6, 2014

Pronk Pops Show 343: October 3, 2014

Pronk Pops Show 342: October 2, 2014

Pronk Pops Show 341: October 1, 2014

Story 1: Historic Progressive Politicians and Media Snow Job — Man-Made Computer Model Consensus Weather Forecast Busted — Never Mind — Dallas Hits 75 Degrees — Blame It On Global Warming — Give Me A Break — It Is Called Winter, Stupid — Both Weather and Climates Change — Videos

global-warming-winter-storm-political-cartoonglobal-warming-cartooncartoons-warmingibd_jpgClimate-Model-Comparison-1024x921CMIP5-73-models-vs-obs-20N-20S-MT-5-yr-means1CMIP5-global-LT-vs-UAH-and-RSScomputer modelsmod_v_obs_01_16_15Predictions1976-2011

Gilda Radner Miss Emily Litella

The Global Warming Hoax Explained for Dummies

Watermelons

ManBearPig, Climategate and Watermelons: A conversation with author James Delingpole

The World Weather Forecast

National Weather Service apologizes for blizzard forecast miss

Brenda Lee – I’m Sorry

“I’m Sorry”

I’m sorry, so sorry
That I was such a fool
I didn’t know
Love could be so cruel
Oh-oh-oh-oh-oh-oh-oh-yesYou tell me mistakes
Are part of being young
But that don’t right
The wrong that’s been done(I’m sorry) I’m sorry
(So sorry) So sorry
Please accept my apology
But love is blind
And I was too blind toseeOh-oh-oh-oh-oh-oh-oh-yesYou tell me mistakes
Are part of being young
But that don’t right
The wrong that’s been done
Oh-oh-oh-oh-oh-oh-oh-yesI’m sorry, so sorry
Please accept my apology
But love was blind
And I was too blind to see(Sorry)

Winter Storm Juno How US reported blizzard

New York snow: Winter Storm Juno downgraded as ‘one of the largest snowstorms

Winter Storm JUNO 2015 : Blizzard for Historic New York City – RAW VIDEO Compilation

New York blizzard: Winter snow storm ‘Juno’ hits US East Coast, in pictures
A huge snowstorm has slammed into northeastern US, shutting down public transport, cancelling thousands of flights and leaving roads and streets deserted as snow blanketed an area that’s home to tens of millions of people. Authorities ordered drivers off the streets in New York and other cities like Boston in the face of a storm that forecasters warned could reach historic proportions, dumping up to three feet (up to a metre) of snow in some areas

Winter storm looms with record level snow threat; 7,700 flights canceled
Seven states on the Northeast are in watch mode as a potentially record-setting storm is churning up the coast, threatening to dump up to 3 feet of snow in parts and paralyze the region from Philadelphia to Maine.

More than 7,700 flights for Monday and Tuesday have been canceled as of Monday evening, with Boston’s Logan Airport and Providence’s T.F. Green Airport closed outright. Delays and the knock-on effects of stranded planes and lost connections will start hitting the entire nation’s air-travel system Tuesday.

Winter Storm Juno: Blizzard Warnings for New York City, Boston, Parts of 7 States; Potentially Historic Northeast Snowstorm Ahead

Millions of people in the Northeast are bracing for Winter Storm Juno, which threatens to become a major snowstorm Monday through Wednesday with the potential for blizzard conditions and more than 2 feet of snow.

The high confidence in forecast wind and snowfall led the National Weather Service to issue blizzard warnings well in advance of the storm. As of late Sunday evening, those warnings were posted from the New Jersey shore all the way to Downeast Maine, including the cities of New York City, Boston, Providence, Hartford and Portland. The warnings were scheduled to go into full force as early as noon Monday along the Jersey Shore. The aforementioned stretch of Northeast coast will be fully under blizzard warnings by sunrise Tuesday, unless some are downgraded before then. Most of the warnings are set to run through late Tuesday night.

Winter Storm Juno: A Pummeling for the History Books
The East Coast already looks like a snow globe thanks to winter storm Juno, but the worst is yet to come.
NYC Mayor Bill de Blasio said at a press conference Sunday, “This could be the biggest snowstorm in the history of this city.” The National Weather Service (NWS) and Weather Channel meteorologist Chris Dolce have both said the impending storm is “potentially historic.” So, what does historic mean, and how strong is this “potentially”? It depends on your definition, but this storm could be one for the record books, and not just in the highest-3 point-shooting-percentage-in-the-third-q­uarter-with-two-bench-players-on-the-cou­rt-on-a-Tuesday type of statistic.

Based on a new experimental forecast from the NWS, as of Monday morning there is an 80 percent chance that NYC will receive at least 12” of snow. Since record keeping in Central Park began in 1869, there have been 35 events exceeding a foot of snow, so 12″ wouldn’t be a big record. But there is a 62 percent chance for at least 18” of snow, and there have only been 11 events reaching that marker. Despite the seeming endlessness of last year’s winter, only one event (on February 13th and 14th) made the 12”+ snow event list for New York City. New York has only seen snowfall totals above two feet twice, first in December 1947 and more recently in February 2006.

To be recorded in official weather history, what matters most for NYC is the official snowfall in Central Park. This is where the longest period of record is for the city, so it’s what is used for most of the statistics on weather events. While the NWS is calling for 20-30″ in most areas around NYC, local bands of snow will likely cause several more inches in some places. Scientists have difficulty predicting where these bands will occur, but whether such a band forms over Central Park could be the difference between a nuisance-maker and a history-making nuisance.

Blizzard 2015 New York City, Brooklyn, Historic Northeast Blizzard

CNN’s Anderson Cooper looks at some of the biggest nor’easters to hit the East Coast.

Tens of millions of people in the Northeast hunkered down on Monday for a historic blizzard that was expected to drop more than 2 feet of snow, whipped around by winds approaching hurricane..

Blizzard 2015 Airports Begin to Close as Historic Northeast Blizzard NearsBLIZZARD ’15: THE LATEST Nearly 7000 flights have been cancelled. Amtrak has suspended Tuesday service between New.

Tens of millions of people in the Northeast hunkered down on Monday for a historic blizzard that was expected to drop more than 2 feet of snow, whipped around by winds approaching hurricane.

Meteorology 101 – UniversalClass Online Course

 

Jamie Cullum – What A Difference A Day Made

Dinah Washington ‘Difference-complete TV segment

Dinah Washington singing here with the Louis Jordan Band. This is the complete TV Show segment with Dinah singing ‘What A Difference A Day Made’ and ‘Making Whopee’. Louis and Ronald Reagan make the announcements and I love the way Louis calls him ‘Ronnie’! The show was dated March 8th 1960.

Gilda Radner – LIVE FROM NEW YORK!

Storm Fails To Live Up To Predictions In Some Areas As National Weather Service Meteorologist Apologizes

A howling blizzard with wind gusts over 70 mph heaped snow on Boston along with other stretches of lower New England and Long Island on Tuesday but failed to live up to the hype in Philadelphia and New York City, where buses and subways started rolling again in the morning.

Gary Szatkowski, meteorologist-in-charge at the National Weather Service in Mt. Holly, New Jersey, apologized on Twitter for the snow totals being cut back.

“My deepest apologies to many key decision makers and so many members of the general public,” Szatkowski tweeted. “You made a lot of tough decisions expecting us to get it right, and we didn’t. Once again, I’m sorry.”

Jim Bunker at the agency’s Mount Holly office said forecasters will take a closer look at how they handled the storm and “see what we can do better next time.”

In New England, the storm that arrived Monday evening was a bitter, paralyzing blast, while in the New York metro area, it was a bust that left forecasters apologizing and politicians defending their near-total shutdown on travel. Some residents grumbled, but others sounded a better-safe-than-sorry note and even expressed sympathy for the weatherman.

At least 2 feet of snow was expected in most of Massachusetts, potentially making it one of the top snowstorms of all time. The National Weather Service said a 78 mph gust was reported on Nantucket, and a 72 mph one on Martha’s Vineyard.

“It felt like sand hitting you in the face,” Bob Paglia said after walking his dog four times overnight in Whitman, a small town about 20 miles south of Boston.

Maureen Keller, who works at Gurney’s, an oceanfront resort in Montauk, New York, on the tip of Long Island, said: “It feels like a hurricane with snow.”

As of midmorning, the Boston area had 1½ feet of snow, while the far eastern tip of Long Island had more than 2 feet. Snowplows around New England struggled to keep up.

“At 4 o’clock this morning, it was the worst I’ve ever seen it,” said Larry Messier, a snowplow operator in Columbia, Connecticut. “You could plow, and then five minutes later you’d have to plow again.”

In Boston, police drove several dozen doctors and nurses to work at hospitals. Snow blanketed Boston Common, and drifts piled up against historic Faneuil Hall, where Samuel Adams and the Sons of Liberty stoked the fires of rebellion. Adjacent Quincy Market, usually bustling with tourists, was populated only by a few city workers clearing snow from the cobblestones.

As the storm pushed into the Northeast on Monday, the region came to a near standstill, alarmed by forecasters’ dire predictions. More than 7,700 flights were canceled, and schools, businesses and government offices closed.

But as the storm pushed northward, it tracked farther east than forecasters had been expecting, and conditions improved quickly in its wake. By midmorning Tuesday, New Jersey and New York City lifted driving bans, and subways and trains started rolling again, with a return to a full schedule expected Wednesday.

While Philadelphia, New York and New Jersey had braced for a foot or two of snow from what forecasters warned could be a storm of potentially historic proportions, they got far less than that. New York City received about 8 inches, Philadelphia a mere inch or so. New Jersey got up to 8 inches.

SOCIAL MEDIA CALLING BLIZZARD OF 2015 A ‘BUST’

New Jersey Gov. Chris Christie defended his statewide ban on travel as “absolutely the right decision to make” in light of the dire forecast.

And New York Gov. Andrew Cuomo, who drew criticism last fall after suggesting meteorologists hadn’t foreseen the severity of an epic snowstorm in Buffalo, said this time: “Weather forecasters do the best they can, and we respond based to the best information that we have.”

In New York City, Susanne Payot, a cabaret singer whose rehearsal Tuesday was canceled, said the meager snowfall left her bemused: “This is nothing. I don’t understand why the whole city shut down because of this.”

Brandon Bhajan, a security guard at a New York City building, said he didn’t think officials had overreacted.

“I think it’s like the situation with Ebola … if you over-cover, people are ready and prepared, rather than not giving it the attention it needs,” he said

http://connecticut.cbslocal.com/2015/01/27/storm-fails-to-live-up-to-predictions-in-some-areas/

 

National Weather Service to evaluate work after missed call

A National Weather Service official says the agency will evaluate its storm modeling after a storm that was predicted to dump a foot or more of snow on many parts of New Jersey and the Philadelphia region delivered far less than that.

“You made a lot of tough decisions expecting us to get it right, and we didn’t. Once again, I’m sorry,” said meteorologist Gary Szatkowski of the NWS.

Jim Bunker, who leads the weather service’s observing program in the Mount Holly office, says the storm tracked a bit to the east of what forecasting models predicted.

Parts of Long Island and New England are getting slammed. But many parts of New Jersey received less than 4 inches.

Bunker says the agency will evaluate what happened to see how it can do better in the future.

http://www.myfoxny.com/story/27950449/missed-call 

Blame De Blasio and Cuomo and Christie for the Blizzard Snow Job

As politicians rushed to out-serious each other, New Yorkers were whipped into a fear frenzy.

Every modern event has a hashtag and this morning, as New York City takes stock of the #snowmageddon2015 that wasn’t, it’s turning to #snowperbole.

On Monday, as Governor Cuomo, Governor Christie, and Mayor de Blasio rushed to out-serious each other, New Yorkers were whipped into a fear frenzy. Supermarket shelves were stripped bare, photos of Whole Foods depleted of kale circulated, and people stocked up for what would likely be days (maybe weeks!) indoors.

Even as we were doing it, we acknowledged it didn’t make much sense. After all, we’re in New York City. Bodegas never close. Delivery guys on bicycles have been a constant through all previous winter storms. All New Yorkers have their stories. That time we ordered Chinese Food during the snowstorm of 1994. Swimming on Brighton Beach during Hurricane Gloria. Buying Poptarts at the corner bodega during Sandy. Driving from Manhattan to Brooklyn and back again during the blackout of 2003. Yes, those are all mine.

As we waited for the storm deemed “historic,” the only real history was made when the subway shut down for the first time ever in preparation for snow. The real insult came when it was reported later that the trains were indeed still running, empty, as trains needed to keep moving to clear the tracks. Citibike was shut down. Cars were banned from the roads and anyone who didn’t take heed risked being fined.

These are all symptoms of our infantilizing “do something!” culture. Everyone understands the pressure politicians feel to be seen as proactive. But this time they went way too far in the name of protecting us. It’s one thing to warn drivers that conditions are dangerous and that they go out at their own risk. It’s another to shut down all roads in the city that allegedly never sleeps.

The 11 p.m. curfew resulted in lost wages for delivery people who count on larger-than-usual tips during inclement weather. Why couldn’t they make their own decisions about working during the snow? Not everyone makes a salary the way our mayor and governor do. Many workers count on their hourly wage, and their tips, to make their rent each month.

The storm was a dud, but even if had been as severe as predicted, bringing a city like New York to a preemptive standstill makes little sense. The people who keep New York humming take the subway after 11pm and can decide for themselves whether to keep their businesses open. Preparedness doesn’t have to mean panic.

http://time.com/3684240/blame-de-blasio-and-cuomo-and-christie-for-the-blizzard-snow-job/

The Pronk Pops Show Podcasts Portfolio

Listen To Pronk Pops Podcast or Download Show 400-404

Listen To Pronk Pops Podcast or Download Show 391-399

Listen To Pronk Pops Podcast or Download Show 383-390

Listen To Pronk Pops Podcast or Download Show 376-382

Listen To Pronk Pops Podcast or Download Show 369-375

Listen To Pronk Pops Podcast or Download Show 360-368

Listen To Pronk Pops Podcast or Download Show 354-359

Listen To Pronk Pops Podcast or Download Show 346-353

Listen To Pronk Pops Podcast or Download Show 338-345

Listen To Pronk Pops Podcast or Download Show 328-337

Listen To Pronk Pops Podcast or Download Show 319-327

Listen To Pronk Pops Podcast or Download Show 307-318

Listen To Pronk Pops Podcast or Download Show 296-306

Listen To Pronk Pops Podcast or Download Show 287-295

Listen To Pronk Pops Podcast or Download Show 277-286

Listen To Pronk Pops Podcast or Download Show 264-276

Listen To Pronk Pops Podcast or Download Show 250-263

Listen To Pronk Pops Podcast or Download Show 236-249

Listen To Pronk Pops Podcast or Download Show 222-235

Listen To Pronk Pops Podcast or Download Show 211-221

Listen To Pronk Pops Podcast or Download Show 202-210

Listen To Pronk Pops Podcast or Download Show 194-201

Listen To Pronk Pops Podcast or Download Show 184-193

Listen To Pronk Pops Podcast or Download Show 174-183

Listen To Pronk Pops Podcast or Download Show 165-173

Listen To Pronk Pops Podcast or Download Show 158-164

Listen To Pronk Pops Podcast or Download Show 151-157

Listen To Pronk Pops Podcast or Download Show 143-150

Listen To Pronk Pops Podcast or Download Show 135-142

Listen To Pronk Pops Podcast or Download Show 131-134

Listen To Pronk Pops Podcast or Download Show 124-130

Listen To Pronk Pops Podcast or Download Shows 121-123

Listen To Pronk Pops Podcast or Download Shows 118-120

Listen To Pronk Pops Podcast or Download Shows 113 -117

Listen To Pronk Pops Podcast or Download Show 112

Listen To Pronk Pops Podcast or Download Shows 108-111

Listen To Pronk Pops Podcast or Download Shows 106-108

Listen To Pronk Pops Podcast or Download Shows 104-105

Listen To Pronk Pops Podcast or Download Shows 101-103

Listen To Pronk Pops Podcast or Download Shows 98-100

Listen To Pronk Pops Podcast or Download Shows 94-97

Listen To Pronk Pops Podcast or Download Shows 93

Listen To Pronk Pops Podcast or Download Shows 92

Listen To Pronk Pops Podcast or Download Shows 91

Listen To Pronk Pops Podcast or Download Shows 88-90

Listen To Pronk Pops Podcast or Download Shows 84-87

Listen To Pronk Pops Podcast or Download Shows 79-83

Listen To Pronk Pops Podcast or Download Shows 74-78

Listen To Pronk Pops Podcast or Download Shows 71-73

Listen To Pronk Pops Podcast or Download Shows 68-70

Listen To Pronk Pops Podcast or Download Shows 65-67

Listen To Pronk Pops Podcast or Download Shows 62-64

Listen To Pronk Pops Podcast or Download Shows 58-61

Listen To Pronk Pops Podcast or Download Shows 55-57

Listen To Pronk Pops Podcast or Download Shows 52-54

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An Inconvenient tax: picking people’s pockets in Dallas — Videos

Posted on January 25, 2015. Filed under: American History, Blogroll, Business, Communications, Corruption, Crime, Cult, Demographics, Economics, Employment, Enivornment, Family, Food, Freedom, Friends, government spending, history, Law, liberty, Life, Links, Literacy, media, People, Philosophy, Photos, Politics, Press, Radio, Rants, Raves, Resources, Strategy, Talk Radio, Taxes, Video, Wealth, Weather, Welfare, Wisdom, Writing | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , |

An Inconvenient tax: picking people’s pockets

By Raymond Thomas Pronk

Warning, when you check out, be on the lookout for pickpockets.

The latest green movement cause du jour is the banning or taxing of disposable plastic and paper bags. These laws or city ordinances are designed to nudge or coerce customers to bring their own reusable tote bag when they shop for groceries and other merchandise.

A number of United States cities including Washington, D.C., Los Angeles, San Francisco, Portland, Seattle, Boulder, Austin and now unfortunately Dallas have either banned or taxed disposable plastic and/or paper bags or so-called “single-use carryout bags.” According to the Earth Policy Institute, over 20 million people are currently covered by 132 city and county plastic bag bans or fee ordinances in the U.S.

For decades most American and European businesses have provided their customers bags, at no additional charge, to carryout and transport their purchase. In the 1980s businesses began to give their customers a choice of paper or plastic.

On March 26, 2014, the Dallas City Council passed an 8 to 6 City Ordinance No. 29307. It requires business establishments that provide their customers “single-use carryout bags” to register with the city annually each location providing these bags and charge their customers an “environment fee” of 5 cents per bag to promote a “culture of clean” and  “to protect the natural environment, the economy and the health of its residences.”

Give me a break. It is a new tax to raise millions in new tax revenue for the City of Dallas. Who are the elected Dallas-8 council member watermelons (green on the outside, red on the inside) that ordained this tax on the people and businesses of Dallas? The names of the Dallas-8 are Tennell Atkins, Carolyn R. Davis, Scott Griggs, Adam Medrano, Dwaine R. Caraway, Sandy Greyson, Philip T. Kingston, and Mayor Mike Rawlings.

The Dallas-8 are led by council member Caraway, who wanted to completely ban plastic and paper single-use carryout bags. Instead they decided to shake down Dallas businesses and their customers with a new highly regressive tax. Caraway refuses to call it a tax and claims the new ordinance which went in effect on January 1 is “a ban with a fee, such as other cities are doing across the United States.”

The eight-page ordinance includes the definition and standards that reusable carryout bags must satisfy: “A reusable carryout bag must meet the minimum reuse testing standard of 100 reuses carrying 16 pound.” Reusable bags may be made of cloth, washable fabric, durable materials, recyclable plastic with a minimum thickness of 4.0 mil or recyclable paper that contains a minimum of 40 percent recycled content.

All of the above reusable bags must have handles with the exception of small bags with a height of less than 14 inches and a width of less than 8 inches.

Business establishments can either provide or sell reusable carryout bags to its customer or to any person.

The city ordinance exempts some bags from the single-use carryout definition including:

  • Plastic bags used for produce, meats, nuts, grains and other bulk items inside grocery or other retail stores,
  • Single-use plastic bags used by restaurants to take away prepared food only where necessary to prevent moisture damage from soups, sauces, gravies or dressings,
  • Recyclable paper bags used by restaurants to take away prepared food,
  • Recyclable paper bags from pharmacies or veterinarians for prescription drugs,
  • Laundry, dry cleaning or garment bags,
  • Biodegradable door-hanger and newspaper bags, and
  • Bags for trash, yard debris and pet waste.

The Dallas 5 cent paper and plastic bag tax or environment fee applies only to single-use carryout bags defined as bags not meeting the requirements of a reusable bag.

Businesses that violate the ordinance can be fined up to a maximum of $500 per day.

Lee Califf, executive director of the American Progressive Bag Alliance, a bag manufacturing group, said “This legislation applies to a product that is less than 0.5 percent of municipal waste in the United States and typically less than 1 percent of litter in studies conducted across the country;” “Placing a fee on a product with such a minuscule contribution to the waste and litter streams will not help the environment: but it will cost Dallas consumers millions more per year on their grocery bills, while hurting small business and threatening the livelihoods of the 4,500 Texans who work in the plastic bag and recycling industry.”

Stop the shakedown of Dallas businesses and their customers. Repeal the inconvenient tax on paper and plastic disposable bags by voting out of office the Dallas-8 city council members who voted for this tax, Dwaine Caraway. Support your Texas state representatives in passing a new law that would prohibit cities such as Dallas and Austin from banning or taxing paper and plastic carryout bags.

 

Project_1

The Pronk Pops Show Podcasts

Pronk Pops Show 393: January 5, 2015

Pronk Pops Show 392: December 19, 2014

Pronk Pops Show 391: December 18, 2014

Pronk Pops Show 390: December 17, 2014

Pronk Pops Show 389: December 16, 2014

Pronk Pops Show 388: December 15, 2014

Pronk Pops Show 387: December 12, 2014

Pronk Pops Show 386: December 11, 2014

Pronk Pops Show 385: December 9, 2014

Pronk Pops Show 384: December 8, 2014

Pronk Pops Show 383: December 5, 2014

Pronk Pops Show 382: December 4, 2014

Pronk Pops Show 381: December 3, 2014

Pronk Pops Show 380: December 1, 2014

Pronk Pops Show 379: November 26, 2014

Pronk Pops Show 378: November 25, 2014

Pronk Pops Show 377: November 24, 2014

Pronk Pops Show 376: November 21, 2014

Pronk Pops Show 375: November 20, 2014

Pronk Pops Show 374: November 19, 2014

Pronk Pops Show 373: November 18, 2014

Pronk Pops Show 372: November 17, 2014

Pronk Pops Show 371: November 14, 2014

Pronk Pops Show 370: November 13, 2014

Pronk Pops Show 369: November 12, 2014

Pronk Pops Show 368: November 11, 2014

Pronk Pops Show 367: November 10, 2014

Pronk Pops Show 366: November 7, 2014

Pronk Pops Show 365: November 6, 2014

Pronk Pops Show 364: November 5, 2014

Pronk Pops Show 363: November 4, 2014

Pronk Pops Show 362: November 3, 2014

Pronk Pops Show 361: October 31, 2014

Pronk Pops Show 360: October 30, 2014

Pronk Pops Show 359: October 29, 2014

Pronk Pops Show 358: October 28, 2014

Pronk Pops Show 357: October 27, 2014

Pronk Pops Show 356: October 24, 2014

Pronk Pops Show 355: October 23, 2014

Pronk Pops Show 354: October 22, 2014

Pronk Pops Show 353: October 21, 2014

Pronk Pops Show 352: October 20, 2014

Pronk Pops Show 351: October 17, 2014

Pronk Pops Show 350: October 16, 2014

Pronk Pops Show 349: October 15, 2014

Pronk Pops Show 348: October 14, 2014

Pronk Pops Show 347: October 13, 2014

Pronk Pops Show 346: October 9, 2014

Pronk Pops Show 345: October 8, 2014

Pronk Pops Show 344: October 6, 2014

Pronk Pops Show 343: October 3, 2014

Pronk Pops Show 342: October 2, 2014

Pronk Pops Show 341: October 1, 2014

 
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taxesdc-chart-feeOregon-Plastic-bag-tax-banbird_bagTax-Day-6Plastic_bagsingle-use-plastic-bags-areplastic bag12009-04-08plastic_bags_600Watermelons

Dallas plastic bag ban goes into effect Thursday

Dallas bag fee begins on Jan. 1

Dallas reconsiders plastic bag ban after a year of study

“Environmental” Fees: Over 100 cities pushing plans to tax plastic bags • Cavuto

Dallas considers following Austin’s lead on plastic bags

Outrageous Hypocrisy of Plastic Bag Bans

Jim Lacy on California’s plastic bag ban

Are You Being Told the Truth About Plastic Bags?

ZoNATION: Man on the Street: Los Angeles Reacts to New Plastic Bag Ban & Paper Bag Tax

A Brief History of the 5-cent Bag Tax

New York City Considers a Plastic Bag Ban

BookTV: James Delingpole, “Watermelons: The Green Movement’s New Colors”

ManBearPig, Climategate and Watermelons: A conversation with author James Delingpole

James Delingpole: Great Britain, the Green Movement, and the End of the World

The Junk Science Behind Global Warming with James Delingpole

John Stossel – Green Road To Serfdom

Carryout Bag Ordinance

Disponible en español      NEW⇒Tiếng Việt

On January 1, 2015, the Carryout Bag Ordinance will start in Dallas. 

Are you ready?

 

Shop
shoppers

RETAILERS

CUSTOMERS

Retailers offering single-use bags to customers must:
  • Register ELECTRONICALLY HERE; works best on Chrome or Firefox (if you need to register using a paper form via USPS, clickhere)
  • Assess a five-cent environmental fee for each single-use bag; the environmental fee is not subject to sales tax
  • Print total number of bags and fee on each receipt
  • Keep records available for inspectors
  • Post signs in controlled parking lots reminding customers to bring their bags
  • Post signs in the store, within six feet of each register, per the ordinance SAMPLE HERE 
  • The full link to the Code Compliance carryout bag website, with forms and additional information, is here

Retailers offering only reusable bags, as defined by the ordinance, have different requirements.

All retailers should look at their operations and determine if their bags are single-use, reusable, or exempted from the single-use definition. Consult the full ordinance for all details pertaining to the ordinance and what is expected for each type of bag including thickness, language on the bag, durability, signage, and other considerations.

Customers, you are encouraged to bring your bagand keep your change.Single-use carryout bags have a five-cent per bag environmental fee.  A single-use bag can be paper or plastic.Reusable bags do not have the environmental fee, though stores may charge you to offset costs.  Reusable bags stores offer can be made from cloth or other washable woven materials, recyclable paper, or recyclable plastic so long as they meet certain requirements.  However, any bag you bring with you to use is considered reusable since you are reusing it.There are some bags that are exempted from the single-use bag definition:

  • Laundry, dry cleaning or garment bags;
  • Biodegradable door-hanger and newspaper bags;
  • Bags for trash, yard debris or pet waste;
  • Plastic bags used for produce, meats, nuts, grains and other bulk items inside grocery or other retail stores;
  • Recyclable paper bags from pharmacies or veterinarians for prescription drugs; and,
  • Recyclable paper bags used by restaurants to take away prepared food.
  • Single-use plastic bags used by restaurants to take away prepared food only where necessary to prevent moisture damage from soups, sauces, gravies or dressings.

Remember to recycle the bags you can recycle appropriately.

Why

Many wonder why the City passed this ordinance.  The Dallas City Council passed the ordinance to help improve the environment and keep our city clean.  The City is currently spending nearly $4 million dollars to remove litter from our community to keep it beautiful and thriving.

The Carryout Bag ordinance is intended to encourage shoppers to use reusable bags to carry goods from stores, restaurants, and other locations to reduce the number of bags that can end up loose in the environment as litter. 

To help you understand, we have created this list of frequently asked question.

whatThe carryout bag ordinance outlines the City’s “desire to protect the natural environment, the economy and the health of its residents,” and the “negative impact on the environment caused by improper disposal of single-use carryout bags.” The Dallas City Council approved the ordinance on March 26, 2014.

whenThe ordinance takes effect on January 1, 2015.

Retailers and customers should be ready and know all the details.  This website and the City’s Code Compliance Services website have details to help retailers prepare.  The links to the Code website on DallasCityHall.com are below.

howSome are still unclear how the ordinance may impact them.

Businesses will have to register each location with the City in order to offer single-use bags.  No registration is necessary if a business is only offering reusable bags or bags that are exempted from the single-use bag definition in the ordinance.  Businesses must be registered before distributing single-use carryout bags starting January 1, 2015. Businesses are required to collect a five-cent environmental fee for every single-use bag used by a customer.

Customers will be charged a five-cent environmental fee for each single-use bag, paper or plastic, they receive from retailers.  Again, reusable bags and bags exempted from the definition of single-use bags do not carry the environmental fee.  You can avoid the environmental fee by bringing your own bags with you.  The five cent fee assessed for the single-use bag is not subject to sales tax.

Will I still be able to get plastic carryout bags?
Yes, provided your retailer chooses to offer them and collect the environmental fee.

Can I bring my own reusable bags to carry out items I purchased?
Yes. Customers are encouraged to bring their own reusable bags to carry out their items instead of paying the five-cent environmental fee per single-use plastic or paper bag.

If I reuse a single-use carryout bag, will I have to pay the fee again?
Whatever bag you bring — tote bag, golf bag, diaper bag, satchel, purse, or produce bag — if you bring it with you to reuse, you do not have to pay the environmental fee.

Where does the money go?
A portion of the fees will be used to pay for enforcement of the ordinance and for public education efforts.  Stores keep 10 percent of the five-cent fee to help offset administrative costs.

Does this ordinance apply to all businesses?
All retailers that offer single-use carryout bags in Dallas are subject to this ordinance.

What about non-profits or charities?
If the non-profit or charity offers food, groceries, clothing, or other household items free of charge to clients, they may still use single-use carryout bags for the specific function of distributing those items.  However, the ordinance will apply to any bags used at the point of sale for any goods sold through the non-profit or charity.
Additionally, any non-profit or charity that collects goods for donation from the public or which leaves informational material for the public must be sure any door-hanger bags left for collecting those goods or providing that informational material are biodegradable.

Does the ordinance include all bags?
The ordinance applies to single-use paper or plastic carryout bags used by businesses as defined in the ordinance language.

What if businesses don’t follow the ordinance?
Businesses that violate the ordinance could face fines of up to $500 per day.

How will the ordinance be enforced?
City Code Compliance inspectors will respond to complaints and provide proactive enforcement.

How can the City know if businesses aren’t complying with the law? Will they be doing more inspections?
There will be proactive enforcement and periodic audits.  Additionally, the City will respond to complaints from residents.

Will the ban on single-use bags at city facilities apply to retailers at American Airlines Center, city museums, the Omni Dallas Hotel, and Fair Park?
Yes.  The City Attorney’s Office will work with Code Enforcement to determine which facilities are affected and how.

Whom should I contact if I have additional questions?
Call 3-1-1, the Office of Environmental Quality, Code Compliance or email us atgreendallas@dallascityhall.com.

NEW⇒ Where can I find the forms?
Forms and more information are available on the Code Compliance website dedicated to the Carryout Bag Ordinance here.

http://greendallas.net/carryout-bag-ordinance/

 

Dallas City Council OK’s fee-based ordinance that says retailers must charge five cents for carryout bags

For months Dwaine Caraway has insisted he had the votes to pass at least a partial ban on the single-use carryout bag. He was right: By a vote of 8-6 the Dallas City Council passed the so-called “environmental fee ordinance,” which bans single-use carryout bags at all city facilities and events while still allowing retailers to use plastic and paper bags.

But beginning January 1 retailers will have to charge customers who want them “an environmental fee” of five cents per bag, and they will get to keep 10 percent of that money. The ordinance also says retailers who want to keep handing out plastic and paper bags will have to register with the city and keep track of bags sold.

The city says the money raised from the bag fees will help go toward funding enforcement and education efforts that assistant city manager Jill Jordan told the council could cost around $250,000 and necessitate the hiring of up to 12 additional staff members.

Wednesday’s vote came a year after council member Dwaine Caraway asked the city attorney to draft an ordinance that completely banned the bag. The council member says the ordinance passed today was a compromise born out of “a fair process” that included environmentalists, bag manufactures and retailers. Several of his colleagues wanted to send the proposed ordinances back to committee for further debate. But Caraway wanted a vote now.

“You get to a point where it’s time to make decisions, decisions that will have a great impact on the city of Dallas and our environmental status … and the beautification of our city,” he said. The process has “been pretty tough. it’s been back and forth. We listened and listened fairly.”

But six of his colleagues disagreed: Sheffie Kadane said the fee-based ban will result in a lawsuit from retailers and manufacturers. Rick Callahan called it a “government intrusion.” Jennifer Staubach Gates said it wouldn’t do any good, because in five years the reusable bags supported by the environmentalists will end up in landfills too. And Jerry Allen said the three options being considered by council, including a full-out ban, represented “a lack of clear conviction,” which he found disappointing.

And then there was Lee Kleinman, who on Friday indicated he supported the fee-based ordinance. Five days later he’d changed his mind and said he no longer cared what happened in his colleagues’ districts.

“I would personally probably stay more focused on my own district, which does not have the same trash problems as others,” he said, to the amazement of some of his southern sector colleagues. “Why should I care if someone is shopping like at Southwest Center Mall and they want a plastic bag? If people in that community are satisfied with the conditions around that mall, why should I utilize my position in North Dallas to improve those conditions? I should just focus my energies on North Dallas redevelopment projects and not help another improve quality of life in other areas of the city.”

That entire speech is above, thanks to my colleague Scott Goldstein.

Vonciel Jones Hill, who has said in the past she opposes any ban or bag tax, was no present for today’s vote. Monica Alonzo also voted against it, but said nothing.

In a statement released following the vote, the American Progressive Bag Alliance said it’s “a move that will fail to accomplish any environmental goals while jeopardizing 4,500 Texas jobs and hurting consumers.”

Its executive director, Lee Califf, said in a statement that “the vote to approve a 5-cent plastic and paper grocery bag fee in Dallas is another example of environmental myths and junk science driving poor policy in the plastic bag debate.”

But it’s not clear if the state will allow Dallas’ new bag “ban” — or bag tax, more appropriately.

Attorney General Greg Abbott is going to weigh in on the legality of bag bans, following a request by state Rep. Dan Flynn of Canton on behalf of the Texas Retailers Association. Jerry Allen asked Dallas City Attorney Warren Ernst if the state allows bag bans.

“We are ready to defend that position,” Ernst said. “If it’s the will of the council to pass the ordinance, we’ll defend that as a legal action by the city.”

Allen was not convinced, insisting “there’s a tremendous amount of uncertainty.” Ernst appeared to agree.
Those council members opposed to the ordinance said Dallas needs to do a better job of enforcing its litter laws. Jordan told the council that the city spends $4 million annually on trash pick-up, “and we still have litter.”

In the end, said council member Scott Griggs, “this is just one step. We tackle the bags then we can move on to Styrofoam and other issues that cause trash. This is a large elephant we’ll have to take on as a city and a council.”

Kroger’s Gary Huddleston, also of the Texas Retailers Association, shared a hug with Dwaine Caraway following today’s council vote.

Following the vote, Gary Huddleston, head of the Texas Retailers Association, said he wasn’t sure whether his organization would sue the city. He noted that they are awaiting the attorney general’s ruling on the legality of a fee.

“It will affect the retailers in the city of Dallas and it will affect our customers,” Huddleston said. “They’ll have to pay for their paper and plastic bags or they bring in their reusable bags.”

“We personally believe the solution to litter in the city of Dallas is a strong recycling program and also punishing the people that litter and not punishing the retailer,” Huddleston said.

The fee means that businesses will have to institute additional programming and training in order to enforce ordinance and track the fees. Customers will “have to pay a nickel a bag, whereas maybe they use that nickel to buy more product in my store.”

But Huddleston’s concerns didn’t stop him from hugging Caraway outside chambers. The two men smiled and embraced in front of television cameras.

The council member said he was pleased with the result of more than a year of work. He refused to call the fee a “tax.”

“It’s a ban with a fee, such as other cities are doing across the United States,” Caraway said.

He said it’s important for residents to know the ban does not cover a variety of bags, such as those in the produce section of grocery stores or at restaurants

“Folks need to understand that these are single-use carryout bags,” Caraway said. “These are simply those thin, flimsy bags that take flight and that are undesirable and bad for the environment.”

Staff writer Scott Goldstein contributed to this report.

http://cityhallblog.dallasnews.com/2014/03/dallas-city-council-approves-partial-fee-based-ban-on-single-use-carryout-bags.html/

Dallas Will Charge Fees for Plastic Bag Use
By Josh Ault and Ken Kalthoff

The City of Dallas has implemented new rules for plastic grocery bags, imposing a 5 cent fee on single-use plastic or paper grocery bags. The rules go into effect in January. (Published Wednesday, Mar 26, 2014)
Thursday, Mar 27, 2014 • Updated at 5:56 AM CST
The Dallas City Council has passed a proposal ordering retailers to charge a fee for one-time use plastic bags while partially banning them from city-owned facilities.
In a 8-6 vote, the council passed the ordinance requiring retailers to charge customers a $0.05 fee if they request single-use plastic or paper bags.
Dallas Plastic Bag Ban Vote Wednesday[DFW] Dallas Plastic Bag Ban Vote Wednesday
The Dallas City Council is expected to vote on plastic bag ban issue on Wednesday. (Published Monday, Mar 24, 2014)
Dallas City Councilman Dwaine Caraway accepted the compromise of a bag fee after spending a year fighting for a ban on single-use bags.
“This is an opportunity for us to clean our city, to clean our environment and to move forward, and to be like the other cities across the country and around the world,” Caraway said.
Zac Trahan with Texas Campaign for The Environment said Austin and eight smaller Texas cities have taken stronger action by banning single-use bags, but he still supported the Dallas regulations.
“It’s still a step in the right direction because it will still result in a huge reduction in the number of bags that will be distributed,” he said.
The ordinance also requires those retailers to register with the city and track the number of single-use bags sold.
The retailer would keep 10 percent of the environmental fee with the remainder going to the city to fund enforcement and education efforts.
Lee Califf, the executive director of the bag manufacturers’ group American Progressive Bag Alliance, released the following statement after the ordinance was passed.
“The vote to approve a 5-cent plastic and paper grocery bag fee in Dallas is another example of environmental myths and junk science driving poor policy in the plastic bag debate. This legislation applies to a product that is less than 0.5% of municipal waste in the United States and typically less than 1% of litter in studies conducted across the country. The City Council rushed through a flawed bill to appease its misguided sponsor, despite the fact that 70% of Dallas residents opposed this legislation in a recent poll.

“Placing a fee on a product with such a minuscule contribution to the waste and litter streams will not help the environment; but it will cost Dallas consumers millions more per year on their grocery bills, while hurting small businesses and threatening the livelihoods of the 4,500 Texans who work in the plastic bag manufacturing and recycling industry. Councilman Caraway may view this vote as a victory for his political career, but there are no winners with today’s outcome.”
Several Council Members opposed any new restrictions.
Rick Callahan said grocery bags are only a small part of the Dallas litter problem and better recycling education is needed.
“Banning something or adding a fee, putting more regulation on business is not the answer,” Callahan said.
The ordinance does ban single-use plastic or paper bags at city-owned facilities and events.
It still allows distributing multi-use, or stronger, paper or plastic bags for free so stores can get around charging the fee by offering better bags.
The ordinance goes into effect Jan. 1, 2015.

http://www.nbcdfw.com/news/local/Dallas-Council-to-Consider-Plastic-Bag-Ban-252427601.html

 

Dallas’ new plastic bag fee: for and against

By Steve Blow

After more than a year of considering a ban on disposable shopping bags, the Dallas City Council voted instead last week to impose a 5-cent “environmental fee” on each bag.

In previous columns, Steve Blow had opposed a ban, while Jacquielynn Floyd had supported it. Today, they debate the council’s new approach.

Steve: Leave it to the Dallas City Council to take a bad idea and find a way to make it worse. I thought a ban on shopping bags was a bad idea, but slapping a new tax on Dallas shoppers is even more pointless.

This isn’t just a new tax, it’s a new mini-bureaucracy at City Hall. There’s talk of hiring 12 new people to run the program. And I’m sure someone is already writing a job description for a Deputy Junior Assistant City Manager for Retail Packaging Assessment and Oversight.

Good grief. I had little faith that a ban would accomplish much. I’m even more dubious about a bag tax — except as a tool of government growth.

Jacquielynn: Dude, it’s a nickel. Nobody’s getting taxed into bankruptcy here.

I hope, in fact, that this modest 5 cents is enough to assign at least minimal value to these awful bags. The reason they end up on fences, in fields and as tree garbage is that they’re so free and plentiful.

Almost everybody collects them every day — yet they have virtually no value. It’s human nature to take something for free, then toss it or lose track if you don’t need it.

Like it or not, this is the direction cities are headed. Los Angeles has had a ban in effect for more than a year. New York and Chicago are talking about either banning or limiting plastic bags.

I don’t think this is a case of forcing people to bow to the authoritarian rule of government overlords — we’re asking for a very minor change in their habits. It makes environmental sense, like other conservation and recycling measures that have become routine.

Steve: They don’t end up as litter because they’re free and plentiful. They end up as litter because a few dopes among us litter. A nickel is not going to transform those dopes into responsible citizens. Anyone careless with trash is not going to suddenly become careful with 5-cent trash.

On a fundamental level, this issue chaps my inner libertarian. I don’t think “government regulation” is automatically a dirty word. But I firmly believe the need must be obvious and compelling before we add more regulation.

Jack, you may be fixated on plastic bags as you drive around, but I promise they make up a small percentage of the litter that’s out there. I see more cups than anything. Will we be required to carry around reusable cups next? Or pay a cups tax?

Jacquielynn: Steve, I agree that clueless dolts dump all kinds of garbage, from burger wrappers to moldy old sofas.

Plastic bags are a particular problem, though, for the very qualities that make them such a successful consumer product: They’re cheap, durable, lightweight and water-resistant. They’re mobile, easily blown into trees, creeks, fences and even for miles out into rural areas. A farmer who lives outside Dallas told me this week he hates plastic bags because when they land on his property, baby calves can choke on them.

Most of us don’t have calf problems, but the bags’ weightlessness makes them vulnerable to any breeze. Even if they’re responsibly discarded, they’ll blow out of open trash cans, trucks, you name it.

They’re not just a blight — they’re a highly contagious blight.

Steve: Oh, c’mon. How am I supposed to rebut choking baby calves?

I will point out that Washington, D.C., has a real paradox on its hands. It implemented a 5-cent fee on disposable bags in 2010. And in a survey last year, residents reported using 60 percent fewer bags.

But get this: Tax revenue from the bags has been going up, not down as was expected. The city had originally projected to collect $1.05 million in fiscal 2013. Instead, bag fees topped $2 million.

The dollars don’t lie. More bags are being used after four years. Sure, some people will switch to reusable bags. But this sure isn’t going to make plastic bags disappear. Is a regressive new tax really worth it?

Jacquielynn: I’d be happy to sidestep the entire “tax” issue by banning bags outright. If you want groceries, make sure you have a way to get them home.

But if cities aren’t ready to take that step, and they actually see a windfall out of bag taxes, maybe that should be dedicated to cleanup efforts.

Ideally, though, stores wouldn’t have the things at all. They can make boxes available (a la Costco). They can sell heavier plastic multiple-use bags for 25 or 50 cents. Shoppers buying just one or two items could learn to use the flexible appendages at the ends of their arms to carry stuff away.

The mail I’ve received from angry readers makes it plain that a lot of people loathe this plan, whether you call it a ban or a tax.

But I just don’t think we’re asking for a dramatic change in the way we live our lives. If we don’t stop assuming that everything we send to the landfill magically disappears, the landfill is going to start coming to us. Do you really want to live in a city that has garbage in the trees?

Steve: No, it’s not a drastic change. Just a needless one. And I’m looking out my office window at six or seven trees with nary a bag in sight. Except for a few spots, the litter problem has been overblown.

I just wish we had tried a major public-awareness campaign before imposing more taxes and more regulation. 1. Recycle bags where you get them. 2. Try reusable bags. 3. Don’t litter, you dope.

Jacquielynn: On those points, we’re in wholehearted agreement.

http://www.dallasnews.com/news/columnists/steve-blow/20140329-dallas-new-plastic-bag-fee-for-and-against.ece

 

Attorney General asked to weigh in on bag bans

Don’t bag it. Butt out. That’s the message Wednesday to Attorney General Greg Abbott from supporters of efforts to ban the use of plastic bags in Texas. The Attorney General has been asked to determine whether or not city ordinances like the one in Austin go too far and violate state law. While Abbott was told to back off, the state lawmaker who asked the Attorney General to get involved explained why he made the request.

It’s no longer legal in Austin for a retailer to provide customers with plastic bags. Wednesday, those who want to keep the bag ban on the books gathered at the state capitol to send a message.

“We call on the Attorney General today to keep his nose out of local government’s business of protecting the health of their residents and local communities, and leave well enough alone,” said Robin Schneider who is the Executive Director of Texas Campaign for the Environment.

The group is filing a legal brief to convince the Attorney General that cities in Texas have the Home-Rule authority to out-law plastic bags. Austin is among nearly a dozen towns that have passed bag ban ordinances. Wednesday is the deadline to weigh in before the Attorney General issues an opinion. The question is whether or not a municipal ban violates the state health and safety code.

The state lawmaker who requested the legal opinion, state Rep. Dan Flynn (R) Vann said his concern is not necessarily about the use of plastic bags but about the perceived abuse of power.

“The last this particular law was looked at was about 20 years ago,” said Rep. Flynn.

The Republican from Van heads up a House Committee created to make government more transparent. According to Flynn, he made the request for a legal opinion after getting several calls asking for clarification.

“It’s not about Austin, it’s all about state authority and the power grab by some cities over state law, that’s just about the easiest way to say it.”

When a ban on plastic bags was approved in Austin, the lack of a similar, free, option spurred much of the opposition. Shoppers are required to buy their own reusable cloth of thick plastic bags. Some stores in Austin do provide paper bags but typically charge for them,” said Flynn.

“They’re not charging in Fort Stockton,” said Darren Hodges, Mayor Pro Tem of that west Texas town.

The Fort Stockton city council worked with local retailers before being one of the first to pass a ban. According to Hodges, free biodegradable bags are offered to Fort Stockton shoppers. That kind of option, he agreed, could help reduce back lash in communities considering similar action.

“It’s best to get with your big bag people and work with them on something that they can live with, at least get everyone involved in the process and see if you can move forward,” said Hodges.

An A.G. ruling against bag bans will not strike down any ordinance. It could provide a legal foot-hold for any group that takes a city to court.

The Dallas city council, earlier Wednesday, considered its own bag ban. Instead of out-lawing them, in a close vote, the Dallas council passed an environmental fee ordinance, which is essentially a new tax.

Starting next year shoppers in Dallas will be charged 5-cents for every plastic and paper bag that they use.

In reaction to the Dallas council vote, the American Progressive Bag Alliance issued the following statement:

“The vote to approve a 5-cent plastic and paper grocery bag fee in Dallas is another example of environmental myths and junk science driving poor policy in the plastic bag debate. This legislation applies to a product that is less than 0.5% of municipal waste in the United States and typically less than 1% of litter in studies conducted across the country. The City Council rushed through a flawed bill to appease its misguided sponsor, despite the fact that 70% of Dallas residents opposed this legislation in a recent poll.”

http://www.myfoxaustin.com/story/25082745/attorney-general-asked-to-weigh-in-on-bag-bans

 

Plan B Updates
APRIL 22, 2014
Plastic Bag Bans Spreading in the United States
Janet Larsen and Savina Venkova

Los Angeles rang in the 2014 New Year with a ban on the distribution of plastic bags at the checkout counter of big retailers, making it the largest of the 132 cities and counties around the United States with anti-plastic bag legislation. And a movement that gained momentum in California is going national. More than 20 million Americans live in communities with plastic bag bans or fees. Currently 100 billion plastic bags pass through the hands of U.S. consumers every year—almost one bag per person each day. Laid end-to-end, they could circle the equator 1,330 times. But this number will soon fall as more communities, including large cities like New York and Chicago, look for ways to reduce the plastic litter that blights landscapes and clogs up sewers and streams.

While now ubiquitous, the plastic bag has a relatively short history. Invented in Sweden in 1962, the single-use plastic shopping bag was first popularized by Mobil Oil in the 1970s in an attempt to increase its market for polyethylene, a fossil-fuel-derived compound. Many American customers disliked the plastic bag when it was introduced in 1976, disgusted by the checkout clerks having to lick their fingers when pulling the bags from the rack and infuriated when a bag full of groceries would break or spill ov