You take a look at what's happening to steel and the cost of steel and China dumping vast amounts of steel all over the United States, which essentially is killing our steelworkers and our steel companies. We have to guard our energy companies. We have to make it possible.
Higher energy costs are unavoidable in all future scenarios.
The question is: do we pay a little bit more now? Or do we pay a whole lot later? For the equivalent of a postage stamp a day for each American, we can put a price on carbon today that will send a signal to private capital to invest in the clean technologies of tomorrow. Taking a vast portfolio of new energy solutions to scale will ultimately drive down costs through competition.
I think there's new optimism in Brazil. The Olympics went well. Our demand is good. Costs are down. We're back in the black. We're feeling really good about what's going on in Brazil.
I just don't think it's good public policy to tax fuel. It's kind of silly. It stops people from traveling and actually costs the economy more money than what you gain in the taxes.
Google's AdWords, they allow you to bid on words that people will type into the search engine, and they cost more or less. For example, I think mortgage refinancing can cost - now, it's probably hundreds, maybe thousands of dollars. So, in other words, they are allowing you to bid on what people are going to type, and that is the AdWords program. So you own certain terms, and then your ads show up as opposed to someone else's.
When I talk about how we're going to pay for education, how we're going to invest in infrastructure, how we're going to get the cost of prescription drugs down, and a lot of the other issues that people talk to me about all the time, I've made it very clear we are going where the money is. We are going to ask the wealthy and corporations to pay their fair share.
I really see the U.S. staggering under the burden of three blows. One is 9/11 and the threat of terrorism, which is still huge in Syria, Iraq, and elsewhere. The second is the failed 2003 war in Iraq, which cost so much and ruined America's credibility in the eyes of so many. Obama has repaired it to some extent, but those scars are deep. And then, thirdly, banks failed, the whole real estate market had the carpet pulled out from under it.
When you look at a company like Amazon, one of the reasons that Amazon is one of the most powerful companies in the world is because we want to buy cheap stuff. If Donald Trump were to change trade laws, we couldn't buy the cheap stuff or in our Wal-Marts, they would cost a whole lot more.
Under a neoliberal regime, the language of authority, power and command is divorced from ethics, social responsibility, critical analysis and social costs.
Until educators, individuals, artists, intellectuals and various social movements address how the metaphysics of casino capitalism, war and violence have taken hold on American society (and in other parts of the world) along with the savage social costs they have enacted, the forms of social, political, and economic violence that young people are protesting against, as well as the violence waged in response to their protests, will become impossible to recognize and act on.
The [Donald's] Trump war on the press continues. Tonight, the national cost of a conservative media bubble, now featuring alien conspiracy theories. And about those Obamacare headlines.
Obamacare's not imploding. The main goal of Obamacare was two-fold. One was to cover the uninsured, of which we've covered 20 million, the largest expansion in American history. The other was to fix broken insurance markets where insurers could deny people insurance just because they were sick or they had been sick. Those have been fixed, and for the vast majority of Americans, costs in those markets have come down, thanks to the subsidies made available under Obamacare.
I said earlier [2015] year that I thought we'd get to 10 or 20 bucks [per barrel ] because that's the marginal cost, and when you're in a price war, it's the marginal cost that determines the price.It is a price war because basically the OPEC reason did not cut production in their November 2014 meeting was that they got tired of cutting production and having American frackers and Russians et cetera grab market share.
I completely agree with the concept that American citizens shouldn't expect that a failure of a bank would cost them money, or that it would hurt the economy.
Nations that pay for outcomes and health actually spend a lower percentage of GDP, and they have better outcomes. And so the Affordable Care Act is starting to make that migration, but we've got to keep down that path, and we'll improve outcomes and reduce cost.
We could not bring democracy and freedom to Vietnam at a cost acceptable to ourselves. The idea that that was what we were trying to do, is again, a tautology, it's true by definition because we were doing, and the state is noble by definition. That's called "extreme liberalism".
[The U.S. Treasury] can borrow basically unlimited amounts. They can stay there for years and years. These assets will be worth more money over time. So when Merrill Lynch sells a bunch of mortgage-related assets at 22 cents on the dollar like they did a month or so ago, the buyer goes - is going to make money, and he's going to make a lot more money if it happens to be an institution like the U.S. government which has very, very cheap borrowing costs.
When somebody makes it very easy for you to do it by saying you don't really have to put up my money, you can lie about your income a little, or we'll give you 100 percent mortgage, you're going to do it, because everybody that's done it has been proven right. You have social tools, and you're going to feel like an idiot if you didn't do it, because the house cost more.
There is no point in developing anything at the cost of exploiting and abusing animals.
If you're working at the factory and you're cursing every day that you get up, at all costs get out of it. You'll just make yourself ill.
If Apple is enslaving Chinese to make its iPhones, you don't need to eat the i-Phone, you need to make sure that Apple is paying a living wage to someone, and then it adds a dollar to the cost of iphones, and everybody's cool.
The irony is that one of the things people want to solve climate change is more market - more price on carbon so that markets have something to chew on when they think about climate change instead of the complete monopoly, the absurdity of allowing these guys to own the sky for free - socialise all of the costs and privatise all of the profits.
In fact, somebody keeps putting on my Wikipedia page that I'm either Don Pardo's son or grandson. I had an audition recently where the woman said, "I understand that you're Don Pardo's grandson," and I said, "No, I am not." And you should have seen the look of disappointment on her face. It may have cost me the job. It was that devastating to her that I wasn't related to Don Pardo.
College costs are out of control.
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