s. i say this with a heavy heart. i honestly do. president obama has disqualified himself, he has shown himself incapable of being our commander in chief. [ applause ] now why do i say that? these barbarians they are murdering journalists for drawing cartoons they don't like. beheaded 21 egyptian coptic christians for their believes. put it all on social media as a recruiting tool. murdering, killing torturing christians muslims, other religious minorities. this is what our president has to say. he says we are not at war with islam. well certainly we're not at war with islam. but we are at war with radical

islam. [ applause ] if we have a president who won't even identify the threat that we face how can we count on them to effectively win and prosecute this war. he's got an attorney general who says we're not even in a state of war. how many of you by the way are going to be happy when eric holder is out of a job? [ applause ] his state department says that we can't kill our way to victory in this war. have we ever won any victory in any war other than killing our way to victory? and then finally his state department officials says we're not going to win this war through military force. we're going to win this war through a jobs program and better governance. folks, we've got a president who won't even name -- name the opponent we face. we don't need a war on

international poverty. we need a war on the evil that is radical islamic terrorism. now, i gave a speech in london that got a couple of people upset. i got up there and i said that it is up to muslim leaders and clerics, not just to condemn acts of the violence generically. islam has a problem. individual muslim leaders and clerics need to say specifically by name these barbarians, these terrorists, they are not martyrs going to enjoy a reward in the afterlife. these individuals are going to go straight to hell, exactly where they belong. [ applause ] i also said this. i said here in the west we have a responsibility. we have a responsibility to

insist that those that want to come to our societies, to come to our countries. they must assimilate. they must integrate. we used to be the melting pot. now the politically correct crowd says we're a salad bowl. there is nothing wrong with saying if you want to come to america, you should want to be an american. [ applause ] there is there is nothing wrong with saying that english is our language. we're going to teach english exceptionalism in the sieve civics. and ive tired of hyphenated americans. we're not asian americans orb african americans or mexican americans -- we're all americans. [ applause ] my parents came to this country over 40 years ago.

it was the first time they got on a plane. they couldn't google louisiana. they had never visited anyone who had been to baton rouge. but they knew in their bones there was a special place that had freedom and opportunity. they came to live the american dream. and my dad, my mom used to teach us evoj3t(v son, get on your knees and thank god almighty. you are blessed to be born in the greatest country in the history of the world the united states of america. [ applause ] instead of identifying the threat we face, we've got a president who criticizes america and warns us about the threats of the crusades. mr. president, i've got a deal for you. i'll keep an eye out for the medieval christians. why don't you do your job and win the war against the radical islamic terrorists that we face

today. >> governor? [ applause ] >> let me close with two thoughts. one is this. the one time ever that i want congress to give the president more than he is asked for. they need to give him the tools to win this war. remove the three year time limit. remove the ban on ground troops. tell them we want our military leaders to do whatever it takes not to grade or expel but to hunt down and kill these islamic radical terrorists. that is how you now you have won a war. and my final thought is. i've talked about the need to repeal and replace all of obamacare. the need to get rid of the common core and need to win this war. that brings me to the most important point. in 2016 it is not an option for us to win this election. not because we're republicans.

not because we're conservatives. but because we care about our country. this president is bankrupting our country financially morally, our international standing. we have to win this election. we must win this election. we can win this election. we will win this election so your children, my children can say the same prayer my parents taught me. they are that you are blessed to be born in the greatest country in the history of the entire world, the united states of america. god bless y'all and thank y'all very very much. >> thank you governor. we have a lot of questions from theaudience. so if you could take a couple for us. from the audience, what is your response to president obama's executive order on amnesty. >> it needs to be repealed. they told us if we give them the senate majority they would stand up to this unconstitutional, this illegal act.

the president said he was going to issue this executive order. he delayed it till after the election because he knew it was going to be unpopular. and now he has basically broken the constitution, broken law. look, presidents disagree with congress all the time. they are not dictators. if they don't like the law they should change the law. they don't get to just decide what laws to uphold and what to ignore. it is time for republican leaders in congress to grow a spine. it is time for them to do a job we elected them to do. let's force the president to obey the law no amnesty and they need to secure the border. >> governor, people want to know when are you going to announce your intentions for 2016. >> well we're thinking and praying and -- we'll make that decision the next couple of months but let me tell you this. anybody thinking about running for president, what is more important. forget the polls. frgt forget the media. they need to think about what

they would do if they were elected president. we need our next president to want to do something. not be somebody. the last year putting on out policy on the foreign policy, energy rereform and independence. our best days are ahead of us as a country but we have to choose to renew these principles of freedom. this president's done a lot of damage. it's note irreversible. need principled conservative leadership. we don't need another republican that comes to washington and twoonts wants to make the media happen. i want a president who remembers what they promised us when they asked us to vote for them. >> thank you. another round of applause for. [ applause ]

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ladies and gentlemen, please welcome medal of honor recipient sergeant dakota meyer.

thank you. >> thank you so much. i want to give a special shout to all of our veterans and military spouses. [ applause ] along with the gold star families who are in the audience today. [ applause ] so our next guest needs to formal introduction. but i will say i was truly honored when governor palin asked me if i could introduce here. i want to talk a little about the governor palin that i know, whose not only a public service, but a mother a wife and the mother of a service member. now, this is important. because today less than one-half of a percentage of the population -- that's right right, .5% -- serves in the military. and yet we have politicians from both party who is feel they are

experts in foreign policy and who want to commit the u.s. military every time that there is a playground fight between two oil barons in the middle east. and look, we're not afraid to fight by no means. trust me on that one. but how antbout give us a fight that we can win. a fight -- [ applause ] a fight where politicians and bureaucrats stay out of our lane. because we'll get it done. [ applause ] that .5% is carrying the burden for the 95.5% of this country. we've heard a lot about the 98% and the 2% in the media from these politicians. but you know what? they are talking about money, how rich or poor we are. about how large of a soft drink we can drink. about whose up whose down. and that is what this town

spends its days on. but you know what no one is talking about? the .5%. and you know what that's okay. because we the .5 we are proud to serve. because of the service of so many of our country's men and women, washington is free to talk about what washington feels it is important to talk about. washington can sit and worry about who got the committee assignment and whose invited to what party and who got snubbed and who got caught off guard on camera but those of us like track palin who served in iraq and like governor palin a mother who stayed up worrying at night. well we'll continue to serve. a lot of you have thinking where is this going. is he going to introduce governor palin or not? but i say all this to make a point. the amazing woman that i'm introducing, governor palin, knows what veterans have been through and what their families are going through.

she knows that we are not charity cases and that we want nothing more than to serve our great nation. she knows that when the bell is rung again that we will be ready. we will be there. we will be ready to do the nation's bidding at a moment's notice again. and whatever is necessary to defend our rights as americans. but also those across the globe who are less fortunate than us. we knows because she's lived it. ladies and gentlemen please welcome governor palin. [ applause ] >> thank you so much. i am so honored to get to be here. thank you very very much.

thank you. i'm glad to be here. and i am so honored tonight to be able to speak about america's finest, our veterans. i was asked to speak about veterans. and i said absolutely. talk about near and dear to my heart, this subject. sergeant dakota meyer, i thank you so much for that introduction. [ applause ] his selfless service reminds us of that love, that patriotic love our country was built on and his selfless service inspires us. he and the generation of vets remind us of that courage that founded this country. in fact i'd like to tell you'll a story about america's first veterans and what this city's name sake said about that. 1783, it was just days after the last british troop left our soil and the father of our country,

general george washington. he gather his officers in a new york city tavern to bid them fair farewell. these hardened men, they had fought for years against the greatest military might in the world at that time. against all odds they won freedom. freedom for themselves and freedom for every american since. and standing before them, washington was overcome with emotion. he was noting the sacrifices that they had made. he said with a heart full of love and gratitude i now take leave of you. i most devoutly wish that your latter days may be as prosperous and happy as your former ones have been glorious and honorable. that was the wish for our first veterans. and it should be ours for every veteran that's followed. but we must ask, have we lived

up to that? from then until now there's been a long line of heroic vets. and they connect our history from george washington to -- to chris kyle. millions like them. [ applause ] millions like them. ordinary americans, equipped for extraordinary things. because they have come forward to serve and to save americans' lives. how many have done more than this generation in uniform though? the war on terror is the longest military engagement in u.s. history. so many have served in iraq and afghanistan. tens of thousands wounded. more than 6,800 dead. the strain on military and their families, it is enormous. during world war ii, the average deployment in the combat theater

was six months. korean war, nine months. vietnam, 13 months. for iraq and afghanistan an initial enlistment was 45 months. these deployment costs they are huge and they are hidden. the long someone is deployed and then redeployed, well the more likely they will suffer ptsd and about half a million of our returns vets suffer some fornl of it. and they suffer disproportionate unemployment numbers and the average drors ratedivorce rate, it is around 80%. and worse -- oh friends the worst, the suicide rate. the suicide rate among our best and brightest is 23 a day. as we gather here. we are safe, we're secure. we're having fun. four days together at a conference. in these four days 92 of our veterans will have taken their lives. so have we lived up to washington's wish for our vets?

i can't ask this as a politician. as dakota was suggesting. no i ask as one of so many mothers of a combat vet. when my son went off to war the first time as a teenager i was confronted with the same reality that all the other moms have to face. and that's realizing that man, i wasn't going to be there to help. to protect. moms can't be there when they hurt. i can pray and i did and i do. but few things are more difficult than to kiss a child goodbye often to harms way knowing that you are not going to be there to protect. those first deployments, that is when a parent goes from calling them son to calling them sir. america hands over her sons and her daughters in service with the promise that they are going to be taken care of. our troops are promised that no one will be left behind on the

battlefield. there promise that a grateful nation will spare no expense to patch them up and bring them back to health when now they come home wounded. too many broken in body and spirit. well, we, their mothers and their fathers and husbands and their wives we're here to collect on the promises made. we can't wait for d.c. to fix their bureaucratic blunders. this bureaucracy is killing our vets. they wait for months they wait for years to get treatment at the va. the va's mistakes and cover-ups have cost the lives of 500 vets in just the last four years and that doesn't account for those who took their own lives in despair. we witness the way corrupt

government treats our vets. the va putting them on those secret waiting lists and deceiving congress and spying on investigators who are trying to get to the bottom of it. don't be fooled into thinking that the problems resolved simply because the media doesn't cover lame duck scandals any more. just because one guy at the top resigned, the problems didn't resign. the reason that you don't hear about them is because our vets don't whine. they are not wired to complain. that's why this ran under the radar for so long. [ applause ] well, our debt of gratitude it starts payment with three simple solutions that government can and should do right now. because it is time to demand solutions. first with health care. give vouchers for treatment outside the va. [ applause ]

give our vets the same freedom that they gave us and instead of illegal aliens cutting in line and being rewarded with a handout of u.s. benefits, we demand that u.s. vets are first in line. [ cheers and applause ] second allow vets who are re-entering the civilian workforce let them use the skills they learned in the military. today say a vet with superb computer or mechanical skills often they have to go backward. they have to go back and take classes to get a paper three or paper certificate to slap on the wall okay now i'm certified in a field they already knew. let them test out and their military certification can transfer over. common sense.

yeah. [ applause ] common sense which i know is an endangered species in these parts. yeah. third, secure their benefits. congress secure their benefits. [ applause ] did you know that last year congress actually voted to cut vets' retirement benefits by 20%. did they vote to cut their own? no. they only reversed course when enough of us rose up in protest. so take the issue away from the politicians after legislation to secure benefits permanently. now, health care and benefits, you know, this is just part of the equation. general washington wished for our veterans that their deeds in war would be recognized as glorious and honorable and the deeds have been certainly.

there's no question. but see the thing that those vets from the revolutionary war, what they had that today's troops don't, is >%victory. and that is a thing they cherish most. they deserve to know that their sacrifices are not in vain, to know what they fought for and their friends died for was worth it. [ applause ] it is said -- it's said that old men declare wars and then they send the young ones to fight them. so, it's the duty of he who sends them to actually make sure we can win those wars. and it's our duty to elect an honorable commander-in-chief who is willing to make the same sacrifices he sends others away to make. [ applause ] we must provide our troops the

political will to win. and the rules of engagement to win. how many americans are harmed today because politically correct rules of engagement are imposed by those who are just too uncomfortable to give troops the trust and the tools that they need to win? that leads to a very unpleasant question. and it's one that well every gold star mom and every veteran will live with forever. did we actually win in iraq and afghanistan before we waved that white flag? the jury is still out. but when evil islamic terrorists are on the march screaming from iraq to paris it doesn't look like victory. middle east is a tinder box and

coming apart at the seams. it takes back land that we just spilled our blood to secure with their ultimate goal of a caliphate that extends from baghdad to damascus to jerusalem itself. only in egypt is jihad in retreat and that's no thanks to the obama administration. remember, they supported the muslim brotherhood which was finally toppled by the people in one of the largest popular revolts in history. [ applause ] now, in '09 when obama took over the war on terror, islamists were in retreat and al qaeda was a broken force. now islamists they control more territory than ever. it's where they train and launch more attacks on us and our allies and that was predictable. military brass warned, warned

the left do not pull out without allowing a residual force to remain, to keep a lid on it and to retain the ground that the good guys just gained. friends, the rise of isis is the direct result of this administration's refusal to heed that warning. [ applause ] and now every where you look, well islamists are on the march. from boko haram selling school girls and slaves and isis crewcy if i -- crucifying the innocent and beheading children babies. aside from god almighty what is the only force strong enough to keep this barbaric rolling tide at bay, the only thing standing between us and savages it's the red, white and blue which is the united states military!

[ cheers and applause ] we are in a long term civilizational struggle against the forces of evil. if we intend to beat them we better get serious about victory. the consequences of weakness it's retreat and defeat. in the past our leaders confronted evil with moral clarity, eliminating fascists and the nazis. they consigned communism to death bed of history. make no mistake radical islam is just as dangerous as those ideologies and islamists now swear they will bring the fight our shores. islam threatens to raise the black flag over our white house. they told president obama we'll cut off your head in the white house. but our lead from behind

president thinks we can co-exist with these genocidal thugs. he thinks the islamic state isn't islamic. pretending it's not there doesn't make it go away. calling it something else won't make it so. and lecturing christians to get off our high horse about radical islam won't stop the islamists from killing christians. [ applause ] stop blaming the victim and wake up mr. president. while christians bow our heads to pray for you radical islamists want to cut off your head. the world that they want is a world that would submit. we will never submit to evil. we will continue sign radical islam to the ash heap of history. just like the nazis before them.

oh, the naive obama state department, oh they say we can't kill our way out of war. really? tell that to the nazis. oh wait you can't because they're dead, we killed them. [ applause ] history proves the destruction of an enemy's military apparatus, that leads to victory and from victory to peace. so we will not tolerate politicians who squander the precious lives of our sons and our daughters on the battlefield. and then when they come home politicians callously refusing to respect and repay them. our vets deserve better and we demand better because friends, if you look for the virtues that sets our nation apart from the enemy, you'll find them in those who wear the uniform, who take

the oath, who pay the price for our freedom. the jihadists fight out of hatred. hatred of jews and christians and women and diversity and freedom. our troops they fight out of love. love of family and country and freedom. [ applause ] and if you love freedom thank a vet. and i would ask any veteran in here today or active duty military, honor us by please standing, we want to thank you, we salute you, we ask you to stand. we love you. [ applause ] thank you. [ applause ] thank you. thank you, sir. thank you, guys.

we love you. look, call to action time, conservative action stars here. here's our call to action. and not just here. but every where and every day find a vet, talk to them, thank them. thank them and honor them. and tell them that, yes, you love your freedom and you know who it is that needs to be thanked. so, we will honor general washington's wish. he said with a heart full of love and gratitude to achieve glorious and honorable victory on the battlefield and help our freedom fighters, their civilian days, be as prosperous and happy as their service to us was brave and true. so with one voice, let us say, god bless the united states military. we thank you veterans and god bless the united states of

america! thank you. [ applause ] thank you guys. [ applause ] thank you guys. [ applause ] thank you so much. and, of course, i'm happy to take any questions that you all would have for me and that they give me time to answer. >> good evening governor. we have time for a couple of quick questions four. we'll do a lightning round. one word answers. barack obama. one word answer, barack obama. >> sorry. hey, we came in second. >> hillary "rodham" clinton. >> i'm sorry. >> lady margaret thatcher.

>> iron. >> and governor, we have a lot of young people here with us tonight. a lot of millennials. [ cheers and applause ] >> governor palin what do you think the issues of concerns should be on the forefronts of the minds of our young folks since they are the next generation of leaders. >> some of the message i just delivered will be received by them but i know the folks in this room get it. they have that great love and that honor of those who are willing to sacrifice all in terms of service and in the name of freedom for us. so that, but also these kids need to understand like thomas payne said if there's trouble let it be in my day that my child then will have peace. meaning we need to make some sacrifices today and not be so -- politicians anyway -- so doggone selfish they would give

these kids and their kids and their kids after that so in debt that they are shackled and that they are they are so constrained and confined to what we're doing today is unfair, immoral, unethical, i think it's illegal that debt. >> one last question. do you think there's a double standard in the way media treat republican women who run for office as opposed to democrat women who run for office? >> yes. >> thank you. governor sarah palin everybody. thank you so much. >> i love you guys. ♪

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>> this has been going on to iv some-odd years. close to 150,000 kids have gone through this. in our office we have six of our staff who come out of the leadership institute. my former chief of staff was actual wli the leadership institute and worked closely with them for many years. i think what's great about the leadership institute is that it does something no one else is doing. there are think tanks in town, conservative and libertarian think tanks and people who believe in the free market. there's nobody training the next generation of people who will be the leaders in our country. so i'm amazed not only here in washington but as i travel throughout the united states that i meet kids that came out of the leadership institute. to me it's an amazing thing and a genius thing for morgan blackwell to come up with the idea.

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♪p÷ú? ♪ ladies and gentlemen, please welcome to the stage dr. michele

connoly. >> hello. i'm michele connoly. i'm an economist at duke university. and served twice as chief economist of the federal communications commission. i was not listed on the agenda. i'm suspicious that if you heard of an econ professor was going to speak you might leave. [ laughter ] the panel that we will have today with our very accomplished speakers is speaking to the issue of economics and economic policy that will benefit the middle class of the united states. my background is in growth economics and i always teach my students the most important thing that will help average americans is growth. growth in gdp per capita is the

most relevant measure because it's showing how much income is essentially the equivalent of average income in the population. and why do i think this is the most important thing? think about this. if you have a 4% annual growth rate per capita, your income will double in 18 years. so in one generation you double your income. if, on the other hand, you have a 1% growth rate, then it will take three generations. it will take 70 years before average income doubles in the united states. so here since everyone is talking about gdp growth i thought it would be useful to show the data. here i have a graph in the blue line this is real u.s. gdp per capita, so some notion of average income per capita in the united states. that's the blue line. the red line is the trend growth rate over that time period.

the trend growth rate over that period was about 2% growth per year. that is if we go back to the 1880s in the united states. but notice something. since the bottoming out of the recession in 2009, we have the blue line at the very top which you can see is significantly below trend growth rate. in the recovery you need the growth rate to be above average not below. so fundamentally something is happening here that is of great importance. if we look at all of the past recessions since world war ii that have lasted for ten months or more, the recovery rate is on average about 3% per year. that's been all of our recoveries since world war ii. our current recovery we've had

an average growth rate of 1.5%. now what does that mean? well that's the difference between income doubling every 47 years instead of every 24 years so i think that in the end this long run growth rate ends up being the most important thing to the gain of americans because if we're growing it doesn't matter if you're in the 50th percentile or 52nd percentile everyone will end up with much higher income. it's not government that creates growth, private firms create growth. [ applause ] what is the role of government? government provides the environment in which the private sector creates the growth. the government can create a positive environment or it can

create a negative environment. it can create a positive environment that will encourage innovation, investment and production by using rule of law providing infrastructure property rights military protection, free trade and education. or it can create a negative environment which will actually discourage innovation, investment and production. kit do this by attempting to decide which firms or industries should be favored over others thing sovereign lendra. it can kraelt economic uncertainty. it can increase taxes for paying the increasing size and number of government projects. it can do this by increasing the effective taxes and discouraging optimal firm choices through excessive regulation. i want to mention something today a few hours ago. we had what is the most perfect example of really bad

regulation. the sec decided at the insistence of the white house to impose net neutrality rules on the internet. the administration doesn't steam care that over the last two decades the internet has done amazingly well, in fact, one of the large drivers of our growth. and all of this time it's been doing that without any government regulation. so what is happening today is not only a huge regulatory grab on the part of the fcc they are also imposing this heavy handed utility regulation much of which was written in the 1930s. the fcc is claiming that it is supporting net neutrality but they are not making anything neutral or fair. what they are doing is making it possible for the fcc to decide what is neutral and fair. whenever they feel like it. they are making point for the

fcc to impose new taxes on the internet, to impose new obligations and basically to impose anything that the fcc eventually decides that it wants to impose on this industry. tim lu coined the term net neutrality. today i would like to coin the term net neutering. [ laughter ] [ applause ] for this is the process that the fcc has chosen to begin today. now i would like to introduce our very accomplished set of panelists who will be speaking about these issues. we have larry kudlo, carly fiorina, steven moore. [ applause ]

what a group. let me give a brief introduction. larry kudlow is the cnbc senior contributor and radio host of the larry kudlow show. his career began at the federal reserve bank of new york. he worked under reagan as associate director for economics and planning in the office of management and budget and later served as senior chief economist at bear stearns. he's a syndicated columnist and contributing editor of the national review magazine. carly fiorina is a self-made woman who worked her way up in business. >> thank you. >> eventually becoming the ceo of hewlett-packard. she is currently chairman of opportunity international, one of the world's largest microfinance institutions chairman of good 360 widow nats excess merchandise to charities. chairman of the unlocking

potential project to engage women in the political process. of course the current chairman of the american conservative union foundation. [ applause ] congressman roger williams currently represents texas' 25th congressional district. he also served under governor rick perry as secretary of state of texas from november 2004 to 2007. he served as regional finance chairman for governor george w. bush in his '94 and '98 elections and then became the north texas chairman for the bush-cheney campaign in 2000. [ applause ] and then steven moore is the chief economist at the heritage foundation. in the past he was a member of the editorial board of the "wall street journal." and he was the founder and past

president of the club for growth. [ applause ] so i leave the floor to larry. >> okay. thank you very much. hi, everybody. i am larry kudlow. we'll talk a little economics. maybe some money and politics as well. i want to begin with myé] old friend carly fio rimpb na who many of us hope will remain in the public arena and move to even higher levels. anyway -- [ applause ] so, the economy basically has been growing at 2% for this entire recovery and it's basically been growing at 2% for the last 15 years. historically i looked at some number since world war ii we've grown at 3.5%. over the past 100 years from 1900 to the year 2000, i think that's 100 years anyway we grew at 3.4% per year.

we can't do 2%. it's not american. we lose our leadership. we lose our employment. we lose our vigor. what would you do first. first thing you would do? >> well, first, i think we have to acknowledge that 2% is not a new normal that we should get used to. i say that because the administration keeps declaring victory. it keeps declare victory. we're growing more jobs. we're growing. no this isn't victory. we can't accept this. the second thing we have to recognize is that the cost, the complexity, the bloat, the corruption of government is part of the reason our growth is falling. the tax code is too complicated. the regulatory structure is too complicated. result of that is crony capitalism. as i said earlier today small businesses are getting crushed. in other words we have to start with the fundamental that we need to thrift weight off the economy. so that we can get going and

growing again. then we have to as well acknowledge that in this the 21st century, we have to compete for every job. we have to fight hard for every job because everyone every where around the world wants jobs too. >> steve moore, can i please have a 15% flat tax? >> you're more radical than i am. >> i want 15% on the income tax. 15% on the corporate tax. i want to quit double and triple taxing cap gains, dividends estate is about quadruple taxing. i want the republican party, i want the candidates running for president to start talking about this kind of sharp tough tax reform. now, tell me i know i'm a dreamer, but i want to tell you -- [ applause ] >> all right. first of all let me answer your question about the most important thing we can do to get growth up and that is to make

sure that she does not become president in 2016. i'm not talking about this she. >> good to be clear, steve. good to be clear. >> look, we know this. we know that we have this incredible spurt of growth under ronald reagan. reagan took the highest income tax rate larry you were there when it happened the highest income rate went down from 70 to 28%. now we have the fastest period of prosperity for 20 years. we tripled the revenue. it worked. lower tax rates mean more revenues. this is a lesson we learn over and over again. when you ask this question i say i looked at the president's budget and it's an abomination. and the president would raise tax on small businesses raise taxes on investors, he would raise the inheritance tax in this country over to 60%. government would take over half of everything that is earned from people who die with an investment. those are the kinds of things that have to be stopped.

i think our agenda is try to make sure that carly fiorina and jeb bushes and scott walkers and the rest all adopt flat rate income tax. by the way, you think the tax system is messed up. the last poll that was taken a few weeks ago even irs agents think the tax system is too complicated. it's a mess and that's my top priority. the real question is whether we have a flat tax or a national sales tax. that's the question do we want a low rate flat fax or do we want a national sales tax. i would take either one. >> roger williams, you were in business, you started as a businessman. so i need some help here. the president is raising the tax on capital gains, he's raising the tax on dividends. and he's raising the tax on estates and inheritance. in other words he's going to raise taxes on investment in order to distribute the money to

whom ever he wants to distribute the money he wants to. explain this to me. how can you have a new job without a business to provide the job and i'm going to go even deeper, roger. how can you have a business to provide the jobs if you're always taxing the investment that has to go into a business? i don't understand this. investment leads to businesses leads to jobs leads to incomes leads to consumer spending. i don't get this model. you got to explain to it me. this is a new model. >> you obviously missed hillary clinton saying recently don't let anyone tell you business crates jobs pup missed that. >> i went to college. i went to graduate school. i've been around. i just don't understand this new model. help me out. >> there's a deal. i went to college in texas. and i don't understand it. because it doesn't work.

problem is the president doesn't understand it. that's the reason we're in our problem today. i'm a small business owner. i still own a business that my father started in 1939. that's 75 years ago. i've been in business 44 years and my daughters now run the business and i can tell you that if you haven't been in business since september of 2008 you haven't been in business. wall street may be doing great but i'm a main street guy. i employ 100 people. main street is playing defense. main street is not back. main street is suffering for a lot of reasons. we can talk about god and all the things that are hindering businesses like mine to continue to hire people and put people to work and getting me from playing defense to offense. i got a program called jump start america we got all over the country that will turn this country around again if we can get it going. i'm frustrated like you are that we have no appetite to cut expenses like families do and businesses do. we just continue to borrow and

borrow. we can't wait to get that fixed. we got have some fax reform that will work. that's why we're talking about something i believe will turn the economy around whether your name is gates or whether your name is williams. we don't pick winners and losers. what we do is we come with a personal or a corporate income tax flat of 20%. now we don't worry about deductions. we need to cash flow this country. >> 15%. >> we come with corporate income tax of 15%. >> much better. >> personal income tax on two brackets, 20% on first million, 30% on the second million. we cut the capital gains and bring it back down to 15. i think it should be zero. sometimes that's hard to sell. we know 15 works. let's get dividends and cap gains back to 15. dloepts away with the most unfair tax anywhere in the world, the inheritance tax. if we do away with the

inheritance tax studies show you no longer have to save money like families work with the vest money in business pass net worth on to your family and not an insurance policy which to me is not what we do in america. then we cut the payroll tax in half or the employee and employer that adds a lot of money in the employee's hands if they get paid every other week. employer doesn't have to much that much. businesses don't save money they spend money invest in capital invest in people and then pay tax on that. then on the repatriation on the money we got overseas this president wants to tax it at 40% not going to happen. we need to repatriate that money at 5%. bring that money back over here every single year. make the people bring it over here, not declare dividends put it in people and infrastructure. grow the economy. it's not a holiday. what will happen we'll bring jobs back we lost. we'll bring jobs over here we never had because now you can make money again and america has

the best -- >> steve, not bad. >> pretty good. i'll take it. >> i won't jump into the deep end of the pool. but he wants to tax capital gains and dividends. >> what would your rate be. >> bring it back down 15. >> i would take that. >> let's go to zero. we want to go to zero. >> you got to answer this question, carly. get ready. i don't understand if i want to start a business, okay i want to start a business. i don't have any money. i pass the hat. i go to some people who have some means. they say, you know well okay. maybe we'll do this but then again i have to look at after tax basis and you're a high-risk guy, larry so, i have to have a really high return after tax. that's the point that this administration and i fear mrs. clinton does not understand. if you tax something more you

get less of it. if you tax investment more you get less investment which means fewer new businesses which means fewer new jobs. >> larry the big problem we have in washington and this is a problem -- this is a problem in both parties, right? with the exception of you sir, none of these people have ever run business right? they don't have any idea how to run a business. barack obama has never even worked for a business before. by the way, this is one of the thing that appeals to me about carly fiorina. she's run a company and knows how to make a payroll. that's something these politicians even know how to do. the most important tax we have to cut right now. guess what country has the highest corporate tax in the world. the united states of america. we have a 40% corporate tax rate. the rest of the world has been adopting reaganomics.

carly, i call that a 16% head start program for every single country that we're competing against. why would we want to put america in last place. i want jobs to come back to the united states. by the way, you made this point so many times on your show and writings, larry people who are hurt the most by these corporate taxes and business taxes are the american worker and we as conservatives have to be for a high wage society that raises incomes for everybody in america not just, you know, not just these people like tom saunders. >> it's not a small point. all the evidence, god help us but can you use numbers sometimes. >> facts matter. >> facts matter. all the evidence shows that the people who suffer the most from the high corporate income tax are middle income wage earners. we all talk about helping the middle class. the administration wants to then middle class. they won't do this.

they won't cut the corporate tax rate. you ran a big company. how important is the corporate tax rate and how would it affect payroll? >> it's very important. but, you know, the liberals have a test case of what happens when their policies last for too long. and it's a very instructive test case. it's called state of california. the state of california has had in place every liberal policy there is. from taxes on everything everything. to the beginnings of what the epa is now trying to regulate around global warming, the law in california was called ab 32. what do you have in california now? a land of incredible opportunity. it used to be called the west of the west. it was a place where everybody went. what do you have now? in california there are today 111 billionaire, good for them.

the highest poverty rate in the nation. the highest spending per student on education with 49 out of 50 in terms of results. the the decimation of the middle class. every business small medium, large have left the state of california. if you're rich you're doing okay. if you're stuck in that web of dependence you're stuck. everybody else has left. we don't need to argue about the facts. they are there right there, in full view in the state of california. >> i can just add one quick thing to that carly. you're so right. we wrote this book about the states. the goal of america should be to make america look more like texas and less like california right? >> that's right. [ applause ] >> congressman williams, it does

occur to me that theu*qáu protection taxpayers can have is to shrink the size and scope of the federal government. in fact, i was thinking about this after many months, i finally figured out how to use my iphone. i'm not good at this stuff but i got my iphone down. america is an iphone. the federal government is a mimeograph machine. i want to get rid of the mimeograph machine. why do we need a commerce department? >> well -- >> wait a second. i don't want to stop there. that's too easy. why we need a labor department. why do we need an education department, which isn't that old, by the way. [ applause ] why do we need an agriculture department. mind you, this is 2015.

this is the iphone economy. we have a list of federal departments, god bless them people run them we probably needed them in the 20th century we probably needed them in the 19th-century we don't need them in the 21st century. there used to be a time when republican candidates ran on a plank of abolishing federal departments or at the very least slashing the bureaucracy and the agency. why can't we do that? >> i think you're goal -- you're exactly right. our goal is have the federal government do three things. collect our taxes, defend our border and get out of the way. that's the goal we should strive to reach. there's a thing called the tenth amendment which crates states options and much like what you just talked about i look at america as a big holding company. inside that holding company are 50 small businesses. and those businesses should compete against each other. those businesses -- the holding company and states have 330

million customers that are begging for service, begging for return on investment, begging for somebody to treat them right. so i think what we need to do we don't need a commerce we don't need a education, we don't need the epa all the things we talked about, we don't need. pass states. leapt the states compete against each other. let the customers go to those states. do business in those states. live in those states like they say they want to be. >> why do i need an energy department? >> oh, my god. >> up have an energy derpt in texas if you leave us alone. >> the energy department leave the nuclear weapons alone. does the energy department produce more energy? seems to me the energy department produced more obstacles to drilling and fracking which again is iphone stuff i call it and energy department is a mimeograph machine. would you take a whack at the energy department? >> one of the things that i think we are -- the short answer

is yes. but one of the things we're plagued by is a lot of managers in politics they exist in business as well a lot of managers, the congressman excepted but a lot of managers who tinker around the edges of problems. they accept what's always been there because it's always been that way. we cannot accept it any longer. leaders change the order of things. leaders say we can't accept this any more. we cannot accept -- we cannot accept how bloated how corrupt, how costly how powerful our federal government has become. we cannot accept it any more. so i think that requires leadership that has the vision that understands, yes, in the 2015 and iphone economy there are things that we can do to help. >> follow up i once was a

associate button director. i used to know this stuff. what does the commerce department do to help commerce? >> corporate welfare department. >> why do we need this? it's a big building. i could create -- make a nice school. >> these are questions that have to be asked so we can re-imagine how government serves citizens. i think actually it will also take huge pressure from citizens in this nation to say we are no longer going to accept candidates who tinker around the edges or people who just let things go on and on and on and on. citizens have to step up too. and leaders have to step up. [ applause ] >> why do we still have -- another puzzling thing. why do we still have fannie mae and freddie mac. >> $150 billion. >> one of roger williams friends in congress promised to banish fannie mae and freddie mac after

the housing crisis. they are still standing. they are making a couple of bucks. no one is talking about abolishing -- >> not only that. but ladies and gentlemen, fannie mae and freddie mac just made an announcement a month or two ago and this is one of the biggest outrage i ever heard they will start providing 100% taxpayer guarantees paid by all of us for 3% down payment loans. >> we're starting that again. >> we're right back where we started. the energy department, i'm going to tell you something that sounds pretty radical but the biggest obstacle to economic growth in this country is the radical green movement of america which has become the modern rust. these are people trying destroy our industrial base stopping our energy production and by the way the only reason the economy is growing right now is because of the shale oil and gas revolution. and the biggest scam in the last 100 years is climate change.

this is the roger of the left. >> the guy that ran the energy department, very smart guy, professor i think at m.i.t. he wanted $8 a gallon for gasoline. that was his goal. >> is that great example why central planning doesn't work. >> there was no bureau or agency for fracturing. >> exactly. that's my point. >> the energy department forgot to have a fracturing bureau. >> as recently as three years ago our president carly said, was running around the country saying we're running out of oil and gas. we're not running out we're running into it if we drill, baby drill within four years this country will move from an oil import country to an oil and gas export country for the first time in 50 years and all we have to do is keep the government out of theway. [ applause ] >> i'll give the last word. we have less than a minute. janet yellen testified in front of your committee. is she a political fed chair?

is she a liberal fed chair or is she giving it her best shot? you're on the financial services committee, you saw the testimony. give me it quick. 25 seconds. does she think she rules the world >> i think she thinks she the rules world. she's a liberal. chairman of the fed. she has a hard time meeting with both parties i think the numbers are -- you've seen them larry the numbers she's met with democrats are much more heavily skewed than she's met with republicans. i think she sees things in a very liberal light. she believes in big government. she does not believe in the private-sector from what i think. i think that's what we got. and we got to work hard to do the things we talked about and get the economy back in the hands of small business. moms and dads. and get the country going again. >> i want to put in a plug, we'll all get the hook.

we with steve forbes have started committee to unleash american prosperity. we are taking each presidential candidate and putting them in front of 40 or 50 smart people and grilling them grilling them on tax reform, spending reform minimum regulations free trade and money. maybe teen dollar as sound as gold. please fouls. committee to unleash american prosperity. thank you roger williams carly fiorina and steve moore. i'm larry kudlow. [ applause ] ♪

♪ >> my goal, i always thought we could be their friends and not just that but that they would take our criticism and our activism and checks and balances and that they would correct themselves, that they would become better citizens. they've chosen not to go that route. i really believed and i'm committed to the destruction of the old media guard and it's a

very big business model. but i believe that from that something better will come because nothing can be better than a group of people that collectively steer big business, an obvious joke when people want a public redress for their grievances they are called tea baggers and everybody has a great laugh it a. we have to defend ourselves for having this conversation is despicable. the media class is the wall that we have to climb over in order for our voices to be heard. once our voices are heard, then democracy will happen. ladies and gentlemen, please welcome dan snyder. cpac, we've had a great

second day of the conference. some of you might be thinking what do you mean second day? yesterday was our first-ever activism boot camp. we planned on having or hopefully would have 250 people going through it. we had almost 500 people go through activism boot camp yesterday. [ applause ] it's critical that we combine our ideas with activism. because ideas without activism might be personally profitable but won't change society. similarly activism with ideas is bankrupt. that's what this conference has been about. conservative action starts here. conservative ideas with our action. today has been spectacular. we saw great leaders and great communicators speaking important ideas to us all. but, frankly you're going to be

really impressed tonight. you're going soon flare a spectacular speaker who is going to bring the house down. but i want to caution you about one thing. don't get so carried away with his speech that you forget about the two receptions tonight. we have the sunset reception in the potomac hallway, at the far end. and then we have the blow-out party of the weekend at the lounge, in the far part of the hotel on the top floor, the 19th floor. so go there. that's the poker player's alliance sponsoring that. it's a great party. thank you so much and i'll see you tomorrow. ♪ ladies and gentlemen please welcome in alexander marlow.

♪ good evening cpac. thank you. my name is alexander marlow and i'm the editor-in-chief of bright barton news and the first employee of andrew bright's media empire. way back in 2008. in 2014 we opened up an entire site dedicated to uk politics called bright ñvn÷bart london which i'm happy to report it's thriving. people asked us why you and american media company centered in los angeles open a uk site so soon. i always had a cynical answer for them. it's a cautionary tale, i would say, a warning about what america will become if we trend in this direction towards a secular social democratic society under president obama.

but tonight i would like to take an opportunity to revise that answer. right bart london is here to track a revolt and against the political establishment and global elites. [ applause ] that revolt is being led by a party called uk, a man you'll soon meet. the united kingdom independence party is led by this man named nigel who is a member of european populism much he's a man with four children and cheated death thrice. been run over by a car. he's beat cancer. no joke he survived a plane crash. he's earned his massive following thanks to his straight talk and common sense policy ideas and his signature issue is

immigration. he's trying to keep the united kingdom sovereign as opposed to being governed by the elites and european union. because apparently even island are left to the accomplishment establishment. he's also the only uk politician who's told the truth about the islamist threat. he's a gregarious everyman and he's built his populist coalition with people from all sides of the aisle. and he's a living, breathing smoking, drinking protest to political correctness. you can most commonly find him with a beer in one hand and a cigarette in the other. we were actually trying to wrangle him earlier because he was having a cigar i believe. it was nervous time backstage. he's also weathered media storms. he once said that women are worth less to government officials and bureaucrats. the headlines blared, nigel

farrage says women are worthless. and recently after 20 years of hard work, dead kaigs, anddication, and being called all sorts of ugly names he continues to be called today he's a winner. you can't line up a string of victories in 2014. it was once called a joke by nigel farage in 2010. pulling 3% in the polls. now ukip is close to 20% support. a revolution is afoot ladies and gentlemen. and i'm honored to introduce to you the leader nigel farage. [ applause ]

>> thank you. thank you. good evening, everybody. i'm here today as the leader of an insurgent political force in the united kingdom. a political force that has taken on the establishment and rocked them to the backs of their heels. [ applause ] our party color is purple. and what happened in 2014 was a purple revolution because we won the european elections back on may 22nd last year and later on in the autumn two existing conservative members of parliament didn't just cross the floor to join u kichlt p but they had the honor and the integrity to resign their seats as members of parliament and to offer themselves up to the electorate in by-elections or special elections as you call them, on the basis as both of them said, that in fact it's the people that are the bosses.

something i think that is forgotten by politicians in westminster and brussels and i'm guessing probably in washington too. so they offer themselves up and they both won those by-elections. so ukip rode high all through 2014. but if you think about it, i come from another country that speaks english, that has a first pass the post electoral system and has had two-party domination of politics for the last couple of hundred years. how is it set against that that a third party has managed to make an insurgency of this scale? well it wasn't easy. and it took a long time. and i stood for ukip all through the 1990s in election after election

election. i think my lowest score was 1.2% back in the early '90s, but i wondered for a bit whether i might be the patron saint of lost causes. but my original reason for getting into politics was that i thought something had gone fundamentally wrong. now, it's good to be back in america because i used to visit here a lot because for 12 years i worked for american companies. did you hear that folks? i worked. i had a job before getting involved in politics. how about that? [ applause ] that's pretty unusual these days isn't it? but i was working in business. what i saw was a westminster political elite where the left and the right had effectively merged together in a new form of social democracy. and what they'd done is they'd transferred what i saw as my birthright, what i saw as the very thing that those that went

before us fought to defend. namely, our independence our democracy, our pride our self-respect. and they've handed it over to a set of institutions in brussels run by a bunch of old men who nobody had ever voted for and nobody could ever remove. and i resolved that i was going to do something about it, that i wanted my country back. so in the end i got elected to the european parliament. and how lucky i was because i had the opportunity to actually in close quarter do combat with the very unelected old men that i'd worried about in the first place. and for those of you that have watched me on youtube i suspect that my experience in the european parliament has given me far greater pleasure than mr.

barroso or herman van rompuy. but ukip worked and ukip began to achieve success because people understood that the issues we were talking about were the very issues that our political elite refused to discuss and the very issues that our so-called liberal media said should not be discussed in polite company. and i'm talking particularly about the issue of immigration. it has been taken for decades in britain that if you discussed immigration it means you're a bad person. if you discussed immigration it means that you harbor dislike or hatred or prejudice of somebody else. and actually all i've ever said is that britain is actually a very small island and that we cannot go on absorbing a net inflow of up to a third of a million people two british

cities, every single year. and that as members of the european union there is nothing we can do about it because we have an open door now to nearly half a billion people. so i made the arguments on immigration. i made the arguments that actually far from europe being a structure that would bring us peace and harmony it was a structure that would effectively knock our heads together and make us dislike and distrust epa other. and i warned from day one that the euro was a project that was doomed to failure. and folks i put it to you. if you look at the plight today in the mediterranean, i was right from the very beginning. for those that are watching the eurozone crisis, we've seen the election in greece of a radical left government and for the moment they've blinked.

the germans, the troika, the ecb, and indeed the international monetary fund have scored the first round of victories against this greek government, but don't think that's the end of the matter because in another four months' time the next renegotiation comes up. and don't think that it's just greece that is blighted with this. the same is going on in spain and in portugal and in italy and in cyprus. and if you think back to the bad old days of the 1930s to the buddy can you spare us a dime, bear in mind the greek economy has fallen by nearly double what the american economy fell by back in the 1930s because they've artificially pegged their currency to the german currency. so don't think please that i'm just a british politician who simply wants the united kingdom to be outside the supernational structures of the european union

and i couldn't care less what happens in the rest of europe. i actually care a lot what happens in the rest of europe. my own family were french protestant protestant huguenots who fled and took refugee status in the united kingdom. i'm married to a girl from germany. so nobody needs to tell me about the dangers of living in a german-dominated household. [ applause ] she always begs me not to tell that one. but never mind. i joan it. and that's what really matters isn't it? and hey shouldn't politics be fun anyway? of course it should. of course it should. now, the point i'm making is this. i am actually against the european project. i want all the countries of europe to be free, independent, self-governing democracies with their own currencies, and i will

not rest until we get that. [ applause ] but ukip has also cut through because we've begun to represent a group of people who have been completely left behind. left behind by the european project. but actually, folks left behind by something that i think i can identify in modern-day america as well. we have had the growth of corporatism. big businesses big banks and big governments. structures within which we finish up with our private sector industries massively overregulated. a situation in which the small man and the small woman simply cannot compete with the big guys in this overregulated structure. and what these people have found, certainly in britain, is that there is nobody there to