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Time to Get Tough

Page 17

by Donald Trump


  20 “Natural sources of marine oil pollution,” GPA, http://oils.gpa.unep.org/facts/natural-sources.htm.

  21 “Top 10 Proofs Obama Wants High Energy Prices,” Human Events, June 20, 2011, p. 19.

  Chapter Three

  1 Transcript, “The Democrats’ First 2008 Presidential Debate,” New York Times, April 27, 2007, http://www.nytimes.com/2007/04/27/us/politics/27debate_transcripthtml?pagewanted=print. .

  2 Kathy Chu, “Most Americans think China is No. 1 economy; it isn’t,” USA Today, February 15, 2011, http://www.usatoday.com/money/economy/2011-02-14-chinapoll14_ST_N.htm.

  3 “The China Job Drain,” Alliance for American Manufacturing, http://www.americanmanufacturing.org/china-job-loss.

  4 Gideon Rachman, “Think Again: American Decline,” Foreign Policy, January/ February 2011, http://www.foreignpolicy.com/articles/2011/01/02/think_again_american_decline .

  5 Ibid., and Graeme Wearden, “US-China trade deficit grows to record $27obn,” The Guardian, February 11, 2011, http://www.guardian.co.uk/business/2011/feb/11/us-chinese-trade-gap-grows.

  6 Peter Navarro, “How China unfairly bests the U.S.,” Los Angeles Times, June 21, 2011, http://articles.latimes.com/2011/jun/21/opinion/la-oe-navarro-trade-china-20110621.

  7 Ibid.

  8 John Hechinger, “U.S. Teens Lag as China Soars on International Test,” Bloomberg, December 7, 2010, http://www.bloomberg.com/news/2010-12-07/teens-in-u-s-rank-25th-on-math-test-trail-in-science-reading.html.

  9 Andrew J. Rotherham, “Shanhai Surprise: Don’t Sweat Global Test Data,” TIME, January 20, 2011, http://www.time.com/time/nation/article/0,8599,2043312,00.html .

  10 Anne Flaherty, “Pentagon: China’s Military Power Growing,” ABC News, August 16, 2010.

  11 Aprille Muscara, “Wikileak Cables Reveal China’s Modernising Military Might,” Global Issues, January 13, 2011, http://www.globalissues.org/news/2011/01/13/8172.

  12 Bryan Krekel, “Capability of the People’s Republic of China to Conduct Cyber Warfare and Computer Network Exploitation,” The US-China Economic and Security Review Commission, Northrop Grumman Corporation, October 9, 2009, 52, http://www.uscc.gov/researchpapers/2009/NorthropGrumman_PRC_Cyber_Paper_FINAL_Approved%20Report_16Oct2009.pdf.

  13 Scott Robertson, “AISI calls for China currency remedy,” Metal Bulletin, April 7, 2010.

  14 Ibid.

  15 Alan Tonelson, “Economic Watch: It’s Time to Stop Kowtowing on Yuan Manipulation,” Washington Times, March 30, 2010, Section A, p. 4.

  16 Patrice Hill, “Penalties sought for China over currency practices,” Washington Times, September 16, 2010, http://www.washingtontimes.com/news/2010/sep/16/lawmakers-seek-penalties-for-china/.

  17 Chris Isidore, “How ‘The Donald’ could incite a trade war,” CNNMoney.com, April 18, 2011, http://money.cnn.com/2011/04/17/news/economy/trump_china_trade_war/index.htm.

  18 James Bacchus, “What A Trade War With China Would Look Like,” Forbes.com, February 2, 2009, http://www.forbes.com/2009/01/31/trade-wto-china-opinions-contributors_0202_james_bacchus.html.

  19 “National Income and Product Accounts Gross Domestic Product, 2nd quarter 2011 (third estimate) Corporate Profits, 2nd quarter 2011 (revised estimate),” Bureau of Economic Analysis, report released September 29, 2011, . http://www.beagov/newsreleases/national/gdp/gdpnewsrelease.htm.

  20 “Weekly Address: President Obama: ‘We Can Out-Compete Any Other Nation,’” WhiteHouse.gov, January 22, 2011, http://m.whitehouse.gov/the-press-office/2011/01/22/weekly-address-president-obama-we-can-out-compete-any-other-nation.

  21 Jamie Reno, “’Made in the USA’ Makes a Comeback,” NewsMax, November 2011, 23.

  22 Ibid.

  23 Ibid.

  24 James Bacchus, “What A Trade War With China Would Look Like,” op. cit.

  25 Patrice Hill, “Penalties sought for China over currency practices,” op. cit.

  26 Adam Smith, Theory of Moral Sentiments (Cambridge University Press, 2002), 95.

  27 “The Makings of a Trade War With China,” The Daily Beast, September 27, 2010, http://www.newsweek.com/2010/09/27/the-makings-of-a-trade-war-with-china.html .

  28 Jacob Greber, “Krugman Says China Is Devaluing Its Currency, ‘Stealing’ Jobs,” Bloomberg, October 23, 2009, http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aUVeLdpK4Yqg.

  29 Peter Navarro, “How China unfairly bests the U.S.,” op. cit.

  30 Ibid.

  31 Josh Kraushaar, “Nerves Show on Team Obama,” National Journal Against the Grain, June 28, 2011, http://www.nationaljournal.com/columns/against-the-grain/nerves-show-on-team-obama-20110628.

  32 Government Press Release, “China to Boost Military Spending,” INTERNATIONAL PRESS SERVICE, March 4, 2011, http://infoweb.newsbank.com.proxy.lib.fsu.edu/iw-search/we/InfoWeb?p_product=AWNB&p_theme=aggregated5&p_action=doc&p_docid=134C3E70680B7700&p_docnum=1&p_queryname=1.

  33 Siobhan Gorman, August Cole, and Yochi Dreazen, “Computer Spies Breach Fighter-Jet Project,” Wall Street Journal, April 21, 2009.

  34 “Spies Breach Pentagon Fighter-Jet Project: Report,” Agence France-Presse, April 21, 2009, http://infoweb.newsbank.com.proxy.lib.fsu.edu/iw-search/we/InfoWeb?p_product=AWNB&p_theme=aggregated5&p_action=doc&p_docid=127BB775B218BCD0&p_docnum=1&p_queryname=19.

  35 Krekel, “Capability of China to Conduct Cyber Warfare,” op. cit., 7.

  36 Ibid., 52.

  37 Ibid.

  38 Government Press Release, “China to Boost Military Spending,” op cit.

  39 Aprille Muscara, “China: Wikileak Cables Reveal China Focus on Military Upgrades,” Inter Press Service English News Wire.

  40 Kelvin Wong, Nichola Saminather, and Hui-yong Yu, “The Chinese Go on a Global Homebuying Spree: Facing domestic restrictions, buyers boost markets abroad,” Bloomberg Businessweek, June 23, 2011.

  Chapter Four

  1 Ronald Reagan, An American Life: The Autobiography (New York: Simon & Schuster, 1990), 233.

  2 Gifts to the United States Government, U.S. Department of the Treasury, http://fms.treas.gov/faq/moretopics_gifts.html.

  3 Barbara Hollingsworth, “Virginia’s ‘Tax Me More Fund’ is a big flop,” Washington Examiner, March 29, 2010, http://washingtonexaminer.com/blogs/beltway-confidential/virginia-s-tax-me-more-fund-big-flop.

  4 Ronald Reagan, An American Life: The Autobiography, 232.

  5 Ibid., 233.

  6 “Economic Overview of Federal Tax Expenditures,” Invest in Kids Working Group, The Partnership for America’s Economic Success, February 20, 2007, http://www.partnershipforsuccess.org/docs/ivk/iikmeeting_slides200702weinstein.pdf.

  7 Stephen Ohlemacher, “Half of U.S. pays no federal income tax,” Associated Press, April 7, 2010, available at MSNBC.com, http://www.msnbc.msn.com/id/36226444/ns/business-personal_finance/t/half-us-pays-no-federal-income-tax/.

  8 Steve Forbes and Elizabeth Ames, How Capitalism Will Save Us: Why Free People and Free Markets Are the Best Answer to Today’s Economy (New York: Crown Business, 2009), 148.

  9 Jason Pye, “Top 1% pays more in taxes than bottom 95%,” United Liberty, July 30, 2009, http://www.unitedliberty.org/articles/top-1-pays-more-in-taxes-than-bottom-95.

  10 Neil Cavuto, Your Money or Your Life (New York: Regan Books, 2005), 84.

  11 Steve Forbes and Elizabeth Ames, How Capitalism Will Save Us, 148.

  12 Ronald Reagan, An American Life: The Autobiography, 232.

  13 “The Dead Enders,” Wall Street Journal Review & Outlook, December 1, 2010, http://online.wsj.com/article/SB10001424052748703326204575616843991237032.html .

  14 “What Do Corporate Income Taxes Cost American Families?” Tax Watch, Tax Foundation, http://www.taxfoundation.org/files/corporate_income_taxes_cost_families-20080818.pdf .

  15 Ronald Reagan, “Address to the Nation on the Economy,” February 5, 1981, transcript available at http://www.reagan.utexas.edu/archives/speeches/1981/20581c.htm .

  16 “Hidden taxes you pay every day,” MSN Money Cent
ral, http://articles.moneycentral.msn.com/Taxes/CutYourTaxes/HiddenTaxesYouPayEveryDay.aspx?page=2.

  17 Scott Burns, “US tax disparity may be flatter than it seems,” Boston Globe, January 28, 2007, http://www.boston.com/business/taxes/articles/2007/01/28/us_tax_disparity_may_be_flatter_than_it_seems/.

  18 W. Kurt Hauser, “There’s No Escaping Hauser’s Law,” Wall Street Journal, November 26, 2010, http://online.wsj.com/article/SB10001424052748703514904575602943209741952.html#printMode.

  19 David Brooks, “The Genteel Nation,” New York Times, September 9, 2010, http://www.nytimes.com/2010/09/10/opinion/10brooks.html.

  20 “Night of the Living Death Tax,” Wall Street Journal Review & Outlook, March 31, 2009, http://online.wsj.com/article/SB123846422014872229.html.

  21 Ibid.

  22 “Solutions for America: Tax Reform,” Heritage Foundation, August 17, 2010, http://www.heritage.org/Research/Reports/2010/08/Tax-Reform.

  23 Adam Aigner-Treworgy, “Obama talks estate tax at final bus tour stop,” CNN.com The 1600 Report, August 17, 2011, http://whitehouse.blogs.cnn.com/2011/08/17/obama-talks-estate-tax-at-final-bus-tour-stop/.

  24 Curtis Dubay, “The Economic Case Against the Death Tax,” Heritage Foundation The Foundry, July 21, 2010, http://blog.heritage.org/2010/07/21/the-economic-case-against-the-death-tax/.

  25 Sam Stein, “Obama Wants Higher Capital Gains Tax Rate: Too Far Or Not Enough?” Huffington Post, February 26, 2009, http://www.huffingtonpost.com/2009/02/26/obama-wants-higher-capita_n_170237.html

  26 J. D. Foster, “Obama’s Capital Gains Tax Hike Unlikely to Increase Revenues,” Heritage Foundation, March 24, 2010, http://www.heritage.org/Research/Reports/2010/03/Obamas-Capital-Gains-Tax-Hike-Unlikely-to-Increase-Revenues.

  27 Janet Novack, “Tax Waste: 6.1 Billion Hours Spent Complying With Federal Tax Code,” Forbes, January 5, 2011, http://www.forbes.com/sites/janetnovack/2011/01/05/tax-waste-6-1-billion-hours-spent-complying-with-federal-tax-code/.

  Chapter Five

  1 Quote available at Gerald R. Ford Quotes, http://www.fordlibrarymuseum.gov/grf/quotes.asp.

  2 Guest Writer, “The debt ceiling deal—an agreement to do nothing,” MLive.com, August 4, 2011, http://www.mlive.com/opinion/grandrapids/index.ssf/2011/08/guest_commentary_debt_ceiling.html?utm_source=Justin+Amash+for+Congress+Email+List&utm_campaign=af602ae2f7-Justin_s_Editorial_on_Debt_Ceiling_8_4_2011&utm_medium=email.

  3 Stephen Ohlemacher, “Can tiny changes save Social Security?” Associated Press, May 17, 2010, available at MSNBC.com, http://www.msnbc.msn.com/id/37195779/ns/business-personal_finance/t/can-tiny-changes-save-social-security/#.TojfqLLh5Bk.

  4 Ronald Reagan “Remarks on Signing the Social Security Amendments of 1983,” April 20, 1983, http://www.reagan.utexas.edu/archives/speeches/1983/42083a.htm

  5 “Sen. Rubio: ‘We Don’t Need New Taxes, We Need New Taxpayers,’” RealClearPolitics. com, July 7, 2011, http://www.realclearpolitics.com/video/2011/07/07/sen_rubio_we_dont_need_new_taxes_we_need_new_taxpayers.html.

  6 “Government Waste By the Numbers : Report Identifies Dozens of Overlapping Programs,” FoxNews.com, March 1, 2011, http://www.foxnews.com/politics/2011/03/01/government-waste-numbers-report-identifies-dozens-duplicative-programs/.

  7 Emily Kopp, “OPM commits to stopping payments to dead people,” FederalNewsRadio. com, September 23, 2011, http://www.federalnewsradio.com/?nid=520&sid=2560010.

  8 “Dr. Coburn Releases New Oversight Report: ‘Wastebook 2010: A Guide to Some of the Most Wasteful Government Spending of 2010,’” Tom Coburn, M.D., December 20, 2010, http://coburn.senate.gov/public/index.cfm/pressreleases?ContentRecord_id=054487a3-ff6e-4df9-a025-48de764abe55.

  9 Edwin Mora, “U.S. Has Paid $1.44 Million for Project That is Studying the ‘Social Milieu’ of Male Prostitutes in Ho Chi Minh City and Hanoi,” CNSNews.com, June 28, 2010, http://www.cnsnews.com/node/68628.

  10 “Scores charged in massive US healthcare fraud scams,” Reuters, September 8, 2011, http://in.reuters.com/article/2011/09/08/idINIndia-59213620110908.

  11 “Medicare fraud strike force charges 91 individuals for approximately $295 million in false billing,” HHS.gov news release, September 7, 2011, http://www.hhs.gov/news/press/2011pres/09/20110907c.html.

  12 “Medicare Fraud: A $60 Billion Crime,” CBSNews.com, September 5, 2010, http://www.cbsnews.com/stories/2009/10/23/60minutes/main5414390.shtml.

  13 Sharyl Attkisson, “Federal fraud: Healthy workers took disability,” CBSNews.com, February 18, 2011, http://www.cbsnews.com/stories/2011/02/18/eveningnews/main20033639.shtml?tag=cbsnewsTwoColUpperPromoArea.

  14 Tom Murse, “LIHEAP Fraud Costs Taxpayers At Least $116 Million,” About.com US Government Info, November 2, 2010, http://usgovinfo.about.com/od/moneymatters/a/LIHEAP-Outrageous-Example-of-Fraud.htm.

  15 Mary Meeker, “USA Inc.: Red, White, and Very Blue,” Businessweek, February 24, 2011, http://www.businessweek.com/magazine/content/11_10/b4218000828880.htm .

  16 Stephen Ohlemacher, “Can tiny changes save Social Security?” Associated Press, May 17, 2010, available at MSNBC.com, http://www.msnbc.msn.com/id/37195779/ns/business-personal_finance/t/can-tiny-changes-save-social-security/#.TojfqLL-H5BK.

  17 “Mary Meeker’s Definitive Guide To The American Public Debt Crisis,” Business Insider, http://www.businessinsider.com/mary-meeker-usa-inc-february-24-2011-2#-120.

  18 “The Obama Fisc,” Wall Street Journal Review & Outlook, January 27, 2010, http://online.wsj.com/article/SB10001424052748703906204575027181656362948.html.

  19 Victor Davis Hanson, “Obama’s Spending Addiction,” RealClearPolitics.com, July 28, 2011, http://www.realclearpolitics.com/articles/2011/07/28/obamas_spending_addiction_110741.html .

  Chapter Six

  1 George Washington, “Fifth Annual Address,” December 3, 1793.

  2 David Ignatius, “Caution fills Obama’s playbook,” Washington Post, September 23, 2009, http://www.washingtonpost.com/opinions/caution-fills-obamas-playbook/2011/09/22/gIQAdNKfrK_story.html.

  3 Sam Youngman and Jordy Yager, “Obama to resume Gitmo military trials,” The Hill, March 7, 2011, http://thehill.com/homenews/administration/147871-obama-military-commissions-to-resume-for-gitmo-detainees.

  4 Editorial, “Mr. Obama’s defense cuts,” Washington Post, April 20, 2011, http://www.washingtonpost.com/opinions/mr-obamas-defense-cuts/2011/04/20/AFlMqNEE_story.html.

  5 “Defending Defense: China’s Military Build-up: Implications for U.S. Defense Spending,” American Enterprise Institute, Heritage Foundation, Foreign Policy Initiative, March 2011, http://www.aei.org/docLib/DefendingDefenseChina.pdf.

  6 Ibid.

  7 Joseph A. Bosco, “China Lobbies Washington for Arms,” Weekly Standard, June 1, 2011, http://www.weeklystandard.com/blogs/china-lobbies-washington-arms_573140.html. .

  8 Dan Blumenthal and Michael Mazza, “Asia Needs a Larger U.S. Defense Budget,” Wall Street Journal, July 5, 2011, http://online.wsj.com/article/SB10001424052702304803104576425414030335604.html.

  9 Irwin M. Stelzer, “Our Broken China Policy,” Weekly Standard, January 17, 2011, http://www.weeklystandard.com/articles/our-broken-china-policy_526878.html.

  10 Dan Blumenthal, “China Humiliates Gates, Obama,” Weekly Standard, January 12, 2011, http://www.weeklystandard.com/blogs/china-humiliates-gates-obama_533550.html.

  11 Thomas Donnelly, “The Real Meaning of China’s ‘Stealth Fighter,’” Weekly Standard, January 13, 2011, http://www.weeklystandard.com/blogs/real-meaning-chinas-stealth-fighter_533614.html.

  12 Ewen MacAskill, “WikiLeaks: Hillary Clinton’s question: how can we stand up to Beijing?” The Guardian, December 4, 2010, http://www.guardian.co.uk/world/2010/dec/04/wikileaks-cables-hillary-clinton-beijing.

  13 Irwin M. Stelzer, “Our Broken China Policy,” op. cit.

  14 “Defending Defense: China’s Military Build-up: Implications for U.S. Defense Spending,” op. cit.

  15 Julian E. Barnes and Megan K. Stack, “Russia’s Putin praises Obam
a’s missile defense decision,” Los Angeles Times, September 19, 2009, http://articles.latimes. com/2009/sep/19/world/fg-missile-defense19.

  16 Ibid.

  17 “Obama: Missile defense plan not about Russia,” MSNBC.com, September 20, 2009, http://www.msnbc.msn.com/id/32937784/ns/world_news-europe/t/obama-missile-defense-plan-not-about-russia/#.TpDQobLh6uI.

  18 Paul Richter, “Russia pushing back on tougher sanctions against Iran,” Los Angeles Times, September 24, 2010, http://articles.latimes.com/2010/sep/24/world/la-fg-russia-sanctions-20100925.

  19 Daniel Halper, “U.S. Intelligence Confirms: Russia Bombed U.S. Embassy,” op. cit.

  20 Graham Allison, “Obama should test Iran’s nuclear offer,” Washington Post, October 6, 2011, http://www.washingtonpost.com/opinions/obama-should-test-irans-nuclear-offer/2011/10/06/gIQAdAmDRL_story.html.

  21 Jay Solomon, “Iran Rejects Proposed U.S. Military Hot Line,” Wall Street Journal, October 4, 2011, http://online.wsj.com/article/SB10001424052970203791904576609093178338996.html.

  22 Trita Parsi, “Iran’s growing bluster spells danger,” Los Angeles Times, October 2, 2011, http://articles.latimes.com/2011/oct/02/opinion/la-oe-parsi-iran-20111002.

  23 Jay Solomon, “Iran Rejects Proposed U.S. Military Hot Line,” op. cit.

  24 Ibid.

  25 William J. Broad, John Markoff, and David E. Sanger, “Israeli Test on Worm Called Crucial in Iran Nuclear Dely,” New York Times, January 15, 2011, http://www.nytimes.com/2011/01/16/world/middleeast/16stuxnet.html?pagewanted=all .

  26 David E. Sanger, “Iran Moves to Shelter Its Nuclear Fuel Program,” New York Times, September 1, 2011, http://www.nytimes.com/2011/09/02/world/middleeast/02iran.html .

  27 See “Obama: Iran Doesn’t Pose a Threat . . . Iran is a Grave Threat,” posted on YouTube.com, May 20, 2008, http://www.youtube.com/watch?v=vaG6s05MKeM .

  28 Sara A. Carter, “U.S. confirms attacks by Pakistani military units,” Washington Examiner, October 2, 2011, http://washingtonexaminer.com/politics/2011/10/us-confirms-attacks-pakistani-military-units.

 

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