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I think Barack Obama is a socialist. I think he cares for his country - don't get me wrong about that - but I think he truly misunderstands what this country was based upon, the values that America was based upon, which was free enterprise and having the ability to risk your capital and having a chance to have a return on your investment.
I am proud to live in a country with an African-American president. But President Obama cannot be proud of the fact that the prevalence of black poverty has actually increased under his leadership. The specific policies advanced by the president and his allies on the left amount to little more than throwing money at the problem and walking away.
I got all the respect in the world for the front-runners in this race, but ask yourself: If we replace a Democratic insider with a Republican insider, you think we're really going to change Washington, D.C.? You don't have to settle for Washington and Wall Street insiders who supported the Wall Street bailout and the Obamacare individual mandate.
But of course, now we're told we're in recovery but this sure doesn't feel like a recovery to more than 9 percent of the Americans out there who are unemployed, or the 16 percent of the African-Americans, 11 percent of Hispanics in the same position, or the millions who can only find part-time work or those who have even stopped looking for a job.
I stand before you as the governor of Texas but also stand before you the son of two tenant farmers. Ray Perry who came home after 35 bombing missions over Europe to work his little corner of land out there and Amelia who made sure that my sister Milla and I had everything that we needed, included hand sewing my clothes until I went off to college.
The Republican candidates are talking about ways to transition this program and it is a monstrous lie. It is a ponzi scheme to tell our kids that are 25 or 30 years old today, you're paying into a program that's going to be there. Anybody that's for the status quo with Social Security today is involved with a monstrous lie to our kids, and it's not right.
We need a president that is sitting down, getting Americans to work, getting this economy going. That is the single most important thing that the president of the United States does, is create a climate where job creators know that they're going to be able to risk their capital and have a chance to have a return on the investment. And it's never too late to start that.
I want people of faith on my side, not just voting on election day but by hoisting me up by getting down on your knees and lifting me up in prayer. Those who have a different view of things are already organizing...Will you stand in the gap with those of us who believe there's a God, and a God who is strong? We can stand in the gap together and speak about issues we believe in and we will be victorious.
Canada, the United States and Mexico, we developed these energy reserves that we have in this North American region. And you can see a not only driving down the cost of electricity but a major manufacturing boom in this country. Couple that with tax policy, reduction, reducing the corporate tax rate, and that I think a renaissance in manufacturing like we've never seen in this country and really drive the economy.
Our Founding Fathers never meant for Washington, D.C. to be the fount of all wisdom. As a matter of fact they were very much afraid if that because they'd just had this experience with this far-away government that had centralized thought process and planning and what have you, and then it was actually the reason that we fought the revolution in the 16th century was to get away from that kind of onerous crown if you will.
Frankly, getting Mexico economically headed in the right direction with good energy policy - Canada, the United States, and Mexico have more known energy reserves than Saudi Arabia and Russia. So developing those and I think you'll see a major movement of people back into Mexico when that occurs when these prices get back. You're going to see a substantial development of the energy business in Mexico and Canada, domestic as well.
I know the difference between venture capital[ism] and vulture capitalism. Venture capitalism is a good thing, comes in, gives that gap funding to help these companies get off and get started creating jobs, and work. But Mitt Romney and Bain Capital were involved with what I call vulture capitalism. And they walked into Gaffney and took over that photo album company for no other reason than to basically pick the bones clean. And those people lost their jobs.
We have to make sure that college is accessible and affordable. Two years ago, I stood here and called upon our institutions of higher learning to develop plans for degrees that cost no more than $10,000. There were plenty of detractors at that time who insisted it couldn't be done. However, that call inspired educators at colleges and universities across our state to step up to the plate. Today, I'm proud to tell you that thirteen Texas universities have announced plans for a $10,000 degree.
I do agree that the science is not settled on this. The idea we would put Americans' economy in jeopardy based on scientific theory that is not settled yet to me is nonsense. Just because you have a group of scientists who stood up and said this is the fact... Galileo got outvoted for a spell. To put Americans' economic future in jeopardy, asking us to cut back in areas that would have monstrous economic impact on this country is not good economics and I would suggest is not necessarily good science.
We have to identify everybody that's here, and there's going to be an appropriate discussion in Congress on how to deal with an individual who has been here maybe for some long period of time. Amnesty is not on the table period. There will be no amnesty in the United States. We're a country of law and the idea that we're going to tell people that somehow or another that that's all forgiven is not going to happen. How we deal with them is a conversation. I don't know if I know all the answers. I want to talk to the American people.
I mean, these are kids that are getting on rail cars, riding the top of rail cars all the way up through Mexico. I mean, the danger that they're put in, the sexual assaults that are occurring - I mean, all of this is a great consternation, I think, for any of us. But when they come here and then they're dumped on our cities and our counties and our state is expected to pick up the costs, there's a point in time where you say, 'Quit giving these individuals incentives to come up and then be resettled in the United States'. That's the real issue for me.