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November 6, 2011
Recession since the great depression. the downtown in the economy has nothing to do with resource scarcity. >> of course, it has everything to do with resource scarcity. you go and spend $150 a week filling up your car. try and put corn and food on your table when you have record prices for corn. >> get rid of the eartha until subsidies. >> im not even talking about ethanol. >> i am. >> talking about food in general. nearly all-time highs. >> i will make you a bet you can pick five commodities a...
November 6, 2011
Dollar a pound in the 1990s. the point is they are going go up a lot more. these threats that you heard about in 1973, well, that was when the worlds population may have been 1 or 2 billion. i dont know what it was. now, it is 7 billion. china is growing fast. what they have recognized and let me just quote from goldman, sachs the other day, forget about me, goldman, sachs a pretty credible brokerage firm. >> john: sometimes. >> times. but not trying to overly excite people. here was the words t...
November 6, 2011
Nomination and this clip of you with your mouth wide open has been circulating on tv shows and all over the internet. >> if a woman is raped she should not be allowed to end the pregnancy? >> that is her choice. that is not governments choice. i support life from conception. >> so abortion should be legal? >> no, abortion should not be legal. i believe in the sanctity of life. >> im not understanding. should it be legal? it its her choice that means it is legal. >> no. >> i still dont really und...
November 6, 2011
Downfair advantage over another. >> you are creating an unfair advantage when you allow that vendor selling in the front of a flower shop the same flowers that the flower shop is selling and at a much reduced price that is unfair competition. >> would it be legitimate to pass a law in hialeah to say a mcdonalds cant be used to a burger king because they are competing with each other. >> typical attorney you are going apples to oranges. two brick buildings one next to another. >> because just the...
November 6, 2011
Contract? i mean some of these kids the loans were so easy they dont even know what they are are paying. at virginia tech they advertise dining hall serves lobster and london broil. at arizona state they brag about their two 20,000-foot community center with a movie theater and pools. colleges have become country clubs because we are too generous with taxpayer money. >> well, okay, fair enough. but we dont want the other side to happen, right. we dont want it only to be the super affluent kids a...
November 6, 2011
Zinc. iron ore. >> john: economists made this bet years guy. >> and they lost. >> no, we won. >> people like me lost but people like me. >> and you continue to lose if you believe that. >> because china with 1.5 billion people more than the world had when the previous bet was made ex--- >> john: do you want to do about it? go over there and bomb them? >> i tell you what i want to do about it. i dont want to let it happen. >> john: how are you going to stop it? >> you create policies that create ...
November 6, 2011
>> tax issues are tax issues. this is about the right of street vendors to pursue their lawful occupation. it is a lawful occupation. that is like passing a law is a that says that mcdonalds cant set up shop next to a burger king. these people are just trying to make an honest living and the city is making it impossible to do so. they say if you are flower vender it is illegal to set a bucket of flowers next to the ground on your feet. >> john: view you have to keep moving and strolling along? >...
November 6, 2011
>> john: a woman would use this for self- >> that was kept off the market for ten years. cost millions of dollars to get it through the fda. all the while, doctors around the country are clammerring for it because it is so beneficial. what is the risk involved with that. >> i dont hear the companies complaining about the evil fda being too slow. i hear the big companies saying we like the regulation. >> it has a great andty competitive benefit if you are in the sack with the fda. when you are ou...
November 6, 2011
If that economy grows and becomes wealthy as it is doing to the extent they adopt free market capitalism which they are moving toward they he will find ways to create more resources around get more out of existing resources. i have no doubt that resource supplies in the secular trend will be upward over the next few decades, centuries. >> i think you are betting on a technology god. it may have happened in the past. >> john: technology god. i like that. >> im betting on human ingenuity. >> where...
November 6, 2011
Took two and a half years and cost them hundreds of thousands of dollars. all the while it could have been in use and ultimately it was approved. it is that kind of delay and multiple inquiries coming from the agency on ridiculous things many times that really hurts the american public. >> john: and there is a bias in the reporting and we in the media mess this up because if something does go wrong we make a huge story about it and your fellow lawyers get rich suing a company that made a mistake...