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Apr 2, 2014
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his name was henry ford. henry ford. and because of his decision to pay his workers $5 a day -- which was unheard of 100 years ago -- he became one of the richest men in america. because of that decision. but when he first announced the $5 workday, not everybody was happy. economists had a fit, ford's exeatserford'scompetitors were e wall street elite were calling the $54a day an economic crime. they said ford wouldn't be competitive in the economy anymore. they questioned his judgment and business sense. and, mr. president, they were wrong. his decision to pay his workers $5 a day not only was a brilliant business decision, it created the middle class of this country, and we're very proud in michigan that it started with us. 100 years ago, $5 a day was a lot of money. a loaf of bread cost 6 cents. a gallon of milk cost about 35 cents. at 3:00 a.m. the day after henry ford made his announcement, a bitterly cold day in detroit, something -- something started to happen down woodward avenue. picture it: it's the middle of t
his name was henry ford. henry ford. and because of his decision to pay his workers $5 a day -- which was unheard of 100 years ago -- he became one of the richest men in america. because of that decision. but when he first announced the $5 workday, not everybody was happy. economists had a fit, ford's exeatserford'scompetitors were e wall street elite were calling the $54a day an economic crime. they said ford wouldn't be competitive in the economy anymore. they questioned his judgment and...
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Apr 21, 2014
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schoumher: for a while, henry ford stood his ground with the model t. nt efficiency around the world couldn't believe that americans could choose gm's style over ford's substance. he said, why should he go to the trouble of providing a self-starter after all? and why should he have a rear-view mirror in the car? the joke was at the time, why have a rear mirror in a ford car, because whatever was behind you would pass you soon anyway. schoumacher: what was passing the ford was the chevy. by the time the depression started in 1929, sloan and gm had overtaken ford. the model t was history. ford brought out a new car, the model a, at offered colors and options like gm cars did, but it was too late, ford had to settle for second place, then for third place behind the new company of former gm executive walter chrysler. we live in a world of change, but not all that much has changed in the auto industry since general motors pushed ford from command. gm is still in first, and consumers still watch the advertising and choose among cars that vary more in color and
schoumher: for a while, henry ford stood his ground with the model t. nt efficiency around the world couldn't believe that americans could choose gm's style over ford's substance. he said, why should he go to the trouble of providing a self-starter after all? and why should he have a rear-view mirror in the car? the joke was at the time, why have a rear mirror in a ford car, because whatever was behind you would pass you soon anyway. schoumacher: what was passing the ford was the chevy. by the...
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Apr 2, 2014
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that's what henry ford understood. and paul zingerman opened his doors 32 years ago last month, but he and business owners like him believe that higher wages are good for the bottom line. i happen to believe the same thing, so, you know, i have decided several months ago that the federal government should follow their lead. and so i issued an executive ofrd. that requires federal contractors, folks who are doing business with the government, to pay their employees on new contracts a fair wage of at least $10.10 an hour. it's the right thing to do. and i'm determined to do my part, to lift wages, improve take home pay any way you can. if you cook our troops meals, if you wash their dishes, your country should pay you a living wage. here's the challenge, what zingerman's can do on its own, what even i can do as the head of the executive branch of the federal government, that doesn't reach everybody. if we're going to do right by our fellow americans, we need congress to get on board. we have got to have congress to get o
that's what henry ford understood. and paul zingerman opened his doors 32 years ago last month, but he and business owners like him believe that higher wages are good for the bottom line. i happen to believe the same thing, so, you know, i have decided several months ago that the federal government should follow their lead. and so i issued an executive ofrd. that requires federal contractors, folks who are doing business with the government, to pay their employees on new contracts a fair wage...
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Apr 1, 2014
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in the process, henry ford had changed manufacturing forever." mr. president, this quote is not from some democratic talking point. this is from the ford motor company, a press release they issued in january to commemorate the 100th anniversary of henry ford's novel decision. now, there was an employer who knew that the american economy was based on consumer demand, and if workers could be paid more, they would buy more, it would help his company and would help america. the senate can take action in this way, and the senate can take action in other ways to give people a fair shot to move on up in american society. in fact, mr. president, we've already acted 0en a couple of bills that i -- on a couple of bills at that i hope the house will pick up. we acted on immigration reform, which creates a pathway for citizenship. this eliminates a barrier that keeps people from moving up. the c.b.o. says it will significantly improve the american economy. immigration reform is about a fair shot. immigration reform is about moving up. we also acted on enda, legis
in the process, henry ford had changed manufacturing forever." mr. president, this quote is not from some democratic talking point. this is from the ford motor company, a press release they issued in january to commemorate the 100th anniversary of henry ford's novel decision. now, there was an employer who knew that the american economy was based on consumer demand, and if workers could be paid more, they would buy more, it would help his company and would help america. the senate can take...
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Apr 2, 2014
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. >> it was here in michigan a hundred years ago that henry ford announced he was doubling worker's wages. he understood it was going to be good for business. not only boost productive and increase turnover and make workers more loyal to the company. but it meant that the workers could afford to buy the cars they were building. >> and not just henry ford. in michigan the president has a state that is already higher that be the federal minimum. michigan also has a statewide campaign to raise the minimum wage to $10.10 per hour. same thing he proposed today. while he says this should be a quote no brainer, the wage hike could come down to the states due to the republican opposit n opposition. >> we're trying our utmost to cooperate with republicans. they are doing their best to divert and delay everything we do. this gets people out of poverty is all it does. >> they degrisagree with. that. they say it would kill jobs. saying it would be doa in the gop controlled house. mike, now i want to start out with you. the reality is the president is pushing this issue the minimum wage. something whe
. >> it was here in michigan a hundred years ago that henry ford announced he was doubling worker's wages. he understood it was going to be good for business. not only boost productive and increase turnover and make workers more loyal to the company. but it meant that the workers could afford to buy the cars they were building. >> and not just henry ford. in michigan the president has a state that is already higher that be the federal minimum. michigan also has a statewide campaign...
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Apr 2, 2014
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henry ford was a genius. in many ways. but one of his insights was he wanted his workers to be able to buy his products. and one of the problems in our economy today is a lack of demand. the people of the middle class don't have enough income to buy the products, and it becomes a downward spiral. it's a lack of demand that's really at the heart of the weakness of the current economy and it's because people don't have a good enough jobs and they're not being paid enough. henry ford realized if he paid his workers more -- and, by the way, that munificent sum in 1914 was $5 a day but that was a doubling of what the rate of pay everywhere else in the american society at that time. that was a huge breakthrough intellectually, economically, and socially for this country. okay. we've talked about the losses. there is some good news. in the last two and a half years we've gained 500,000 jobs. we lost six million in that decade but now we've gained 500,000 back so something's happening. it's a lot of different things that are happe
henry ford was a genius. in many ways. but one of his insights was he wanted his workers to be able to buy his products. and one of the problems in our economy today is a lack of demand. the people of the middle class don't have enough income to buy the products, and it becomes a downward spiral. it's a lack of demand that's really at the heart of the weakness of the current economy and it's because people don't have a good enough jobs and they're not being paid enough. henry ford realized if...
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Apr 2, 2014
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-- when rip forward said it would -- henry ford said it would be good for business with the cars they are employing. >>> and now it's not cause being trash problems. >>> concerns about bullying at several local high schools, the twitter accounts at the and it main not. we still have a few little sure and we'll see how much longer this will last. . >>> 6:14 the death toll is now 28 and 20 people are still missing. floodwaters are receding in the town of oh so north of seattle but more rain is expected there and the mud, it is 70 feet thick in some places and it's also contaminated by hazardous chemicals and sewerage. >>> andand 26-year-old abraham finkelstein who went missing has been found alive. he vanished monday in the see rather back country and searchers spend more than a day looking for him but 8:00 last night they received a call saying he was able to find a home miles from the search area. >> i am grateful. >> a missing runner also survived after spending two nights and he was with his running club on sunday when he took a wrong turn and not lost. he was wearing shor
-- when rip forward said it would -- henry ford said it would be good for business with the cars they are employing. >>> and now it's not cause being trash problems. >>> concerns about bullying at several local high schools, the twitter accounts at the and it main not. we still have a few little sure and we'll see how much longer this will last. . >>> 6:14 the death toll is now 28 and 20 people are still missing. floodwaters are receding in the town of oh so north of...
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Apr 15, 2014
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. >>> and horsepower, not even henry ford could imagine a
. >>> and horsepower, not even henry ford could imagine a
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bill ford, great grandson of henry ford unveiled it today. by the way, he was eight years old the last time that was done. >>> perhaps you remember the golden oldies, the really hard vocabulary words we studied for the s.a.t.s, the words that would cause sweat to break out on the forehead of those stone-cold students in high school. the new words for 2016 will not include questions about obscure words, an attempt to better align the test with high school and college realities, otherwise, many fear the test will become obsolete. >>> good news, bad news out of lincoln, nebraska, where a young mom called 911 to report her toddler missing and in good news the bowling alley called to saw they had a toddler in the claw machine. unclear how the 3-year-old got there but the good folks waived the 50 cent fee and got the kid out and free without charge. >>> the young royal couple william and kate are enjoying a hugely successful trip to new zealand and australia. the parents of young george proving to be a success on the road. the royals proved themsel
bill ford, great grandson of henry ford unveiled it today. by the way, he was eight years old the last time that was done. >>> perhaps you remember the golden oldies, the really hard vocabulary words we studied for the s.a.t.s, the words that would cause sweat to break out on the forehead of those stone-cold students in high school. the new words for 2016 will not include questions about obscure words, an attempt to better align the test with high school and college realities,...
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Apr 15, 2014
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. >>> and horsepower, not even henry ford could imagine a classic with this much power. tonight a classic turns 50. nightly news begins now. >>> from nbc news world headquarters in new york, this is "nbc nightly news" with brian williams. >>> good evening. there's been another terrible outburst of violence, this time a shooting at a jewish community center. the 73-year-old man identified as a veteran of the ku klux klan is identified and it's being treated as a hate crime. in the face of this tragedy, one woman has come forward to talk about the loss of both her father and her 14-year-old son, both cut down by the gunman. mindy corpran talked about the loss while exhibiting strength. >> you know, it was a horrible act of violence and my dad and our son were at the wrong place at the wrong time for a split second. he was with us for a wonderful 14 years. he had a really full life for a 14-year-old, and we were very blessed. people keep saying, how come you're so strong? and i'm strong because i have family. i'm strong because i have faith. i know that god did not do this.
. >>> and horsepower, not even henry ford could imagine a classic with this much power. tonight a classic turns 50. nightly news begins now. >>> from nbc news world headquarters in new york, this is "nbc nightly news" with brian williams. >>> good evening. there's been another terrible outburst of violence, this time a shooting at a jewish community center. the 73-year-old man identified as a veteran of the ku klux klan is identified and it's being treated...
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Apr 12, 2014
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. >> henry ford revolutionized manufacturing when he came up with the assembly line. instead of one person doing many jobs to build a car, each person specializes in one part of the process. now that process is going through a new revolution. the workers on this assembly line are benefiting from new technology -- virtual reality. >> it's the same technology they use to make video games and movies like "avatar" and "rise of the planet of the apes," and what it essentially does is it tracks objects in space, and then we can make those objects move virtual objects in a virtual environment. [ record scratches ] >> yeah, i found that a little hard to follow, too. but, as they say, seeing is believing, and i was about to see just what he meant. >> hi. >> carina, how are you? >> good. >> hey, come this way. i want to show you something. >> okay. >> welcome to the ergonomics lab. >> wow. cool. what does "ergonomics" mean? >> oh. ergonomics is really cool. it's the study of the relationship between humans and anything they touch and feel. >> and that's where the virtual realit
. >> henry ford revolutionized manufacturing when he came up with the assembly line. instead of one person doing many jobs to build a car, each person specializes in one part of the process. now that process is going through a new revolution. the workers on this assembly line are benefiting from new technology -- virtual reality. >> it's the same technology they use to make video games and movies like "avatar" and "rise of the planet of the apes," and what it...
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Apr 30, 2014
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come see america's greatest history attraction, the henry ford, and ignite the spark of imagination inus as we watch our heroes come alive in pure michigan. your trip begins at michigan.org. bentaste-free andr, dissolves completely. and unlike other fibers, you'll only know you're taking fiber by the way good digestive health makes you look& and feel. benefiber. clearly healthy. >>> take a look at these pictures coming in overnight from the florida panhandle. the city of pensacola was hit by more than a foot of rain in just a few hours. numerous drivers were trapped by the flooding waters. >> today, the heavy rain and strong winds could make travel difficult from i-95 up to mississippi. and there will also be dangerous storms in the ohio valley. >> if you're flying, airport delays are possible in new orleans, atlanta, charlotte, washington, d.c., philadelphia. >>> clayton locket, given a three-drug combination, didn't work. he began writhing on the gurney. >> the procedure was halted. but he died from a heart attack. anti-death penalty advocates say this is a perfect example of why cap
come see america's greatest history attraction, the henry ford, and ignite the spark of imagination inus as we watch our heroes come alive in pure michigan. your trip begins at michigan.org. bentaste-free andr, dissolves completely. and unlike other fibers, you'll only know you're taking fiber by the way good digestive health makes you look& and feel. benefiber. clearly healthy. >>> take a look at these pictures coming in overnight from the florida panhandle. the city of pensacola...
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Apr 20, 2014
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company three of the edison children madeline, charles edison and theodore edison and they also had henry fordand clara ford and edsel ford and several other friends. they went first to level and then from labelle over to a mockley and in the woods from their trip place called rock lake which was a very obscure place in the woods. they set up tents which they had already for this trip. one was reserved for the addison's and it was the tenth two lloyd's and that attend for women and attend for the men. they had dinner that night out in the woods and all of a sudden myla, but ed since wyatt said everybody should go to their tent now and before she could finish her statement it started raining like you have never seen before. the conversation that went on in madeline's account is just incredible. madeline burke called -- and unusual tropical storm on rare occasions made life miserable in this part of the country. like writers before the members of the expedition came one by one into the tent. this is the big tent. by the time the full fury of the storm arrived it contained everybody that but thea
company three of the edison children madeline, charles edison and theodore edison and they also had henry fordand clara ford and edsel ford and several other friends. they went first to level and then from labelle over to a mockley and in the woods from their trip place called rock lake which was a very obscure place in the woods. they set up tents which they had already for this trip. one was reserved for the addison's and it was the tenth two lloyd's and that attend for women and attend for...
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Apr 20, 2014
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westbrook, the plutarc of modern america because of his books on walt disney, hugh hefner, and henry ford, and now dale carnegie. a professor of history at the university of missouri, former chair of the department at -- and kale carnegie -- i give a lecture that i give -- i give it every year and a half -- the title is "missouri the center of the literary universe" and we talk about turn s. eliot and mark twain and the best-selling cookbook written in st. louis. i like to refer to the first sentence as the greatest sentence in american literature. stand facing the stove. but also as part of the lecture i always tell people that one of the -- the greatest self-help book ever wherein was written by a missourian who always identified him as a missourian and that's dale carnegie. born in a small town in northwest missouri and is buried in an increasingly not so small town of belton just to the south of us, part of our suburbs. dale carnegie was a true missourian, and walt disney a true missourian, and jesse james, true missourian. they were all in one way or another into self-fulfillment, an
westbrook, the plutarc of modern america because of his books on walt disney, hugh hefner, and henry ford, and now dale carnegie. a professor of history at the university of missouri, former chair of the department at -- and kale carnegie -- i give a lecture that i give -- i give it every year and a half -- the title is "missouri the center of the literary universe" and we talk about turn s. eliot and mark twain and the best-selling cookbook written in st. louis. i like to refer to...
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henry ford got it. that if he wanted people to buy his cars he was going to have to pay them a wanl they could afford to do that. it's good for our economy and for business. >> how do you expect the republicans to work with your party on this? that really is it. you say if it were to come to the floor that it would turn. >> there are. -- i think we're going to get enough -- we would get enough republicans who would find it dangerous if the vote were actually called to vote no. we're just simply not going to give up, ed. there is a lot of organizing going on. and the campaign to take back the house and to keep the senate is going to be very much a ground game. and there are a lot of motivational issues. for some it will be minimum wages, others voting rights and for the women it would be the fact they are after our pocketbooks as well as organizing freedom. we're going to be organizing all these conconstituencies. we know how to push the buttons that are going to get people motivated to vote. >> thanks f
henry ford got it. that if he wanted people to buy his cars he was going to have to pay them a wanl they could afford to do that. it's good for our economy and for business. >> how do you expect the republicans to work with your party on this? that really is it. you say if it were to come to the floor that it would turn. >> there are. -- i think we're going to get enough -- we would get enough republicans who would find it dangerous if the vote were actually called to vote no. we're...
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president obama will point out that michigan is where carmaker henry ford once doubled his workers' wages, saying it would be good for business because it would help his employees afford the cars they were building. >>> the apple spaceship is read yid to take off. but dash is ready to take off -- dash is ready to take off but this is causing traffic problems in the city. >>> good morning. we are still looking at slow traffic in some areas but there's also been a lot of improvement around the bay area. 237 is slow. we'll show you the other approaches to the valley -- coming up. >>> well, finally getting some sunbreaks in there. it will be a good day for some clouds. we'll see some end of this rain. but we have updated rain totals to show you in a couple of minutes. newwith two unique ingredients. to mix in however your heart desires. go on. spoon me. mixim - from the ehrmann family. it's love, your way. newwith two unique ingredients. to mix in however your heart desires. go on. spoon me. mixim - from the ehrmann family. it's love, your way. >>> 7:45. within the past hour, legal analysts s
president obama will point out that michigan is where carmaker henry ford once doubled his workers' wages, saying it would be good for business because it would help his employees afford the cars they were building. >>> the apple spaceship is read yid to take off. but dash is ready to take off -- dash is ready to take off but this is causing traffic problems in the city. >>> good morning. we are still looking at slow traffic in some areas but there's also been a lot of...
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Apr 4, 2014
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peter, when you look at what the president had to say this week, he went back to the example of henry fordwhen he basically doubled wages, how productive his workers became and then he goes fast forward, likes to talk about costco, for example, he went into a sandwich shop, small business, where they are paying above the minimum wage. why isn't this happening? >> well, simply from what i was talking about before, the supply of workers is so much greater than the demand, and shifts in the economy. if you have a technical skill, then you can earn a lot of money, but if you have a generic education, high school graduate without additional training or liberal arts graduate from a so-so college like the one i went to, your prospects of earning a decent living are not very high. we have hundreds of thousands of college graduates earning minimum wage. on the ceo side, we have the problem of sort of a cartel, they sit on each other's boards and vote each other bigger and bigger pay increases. i was having dinner with one ceo. he said, peter, think about the value i create. i said what if you went
peter, when you look at what the president had to say this week, he went back to the example of henry fordwhen he basically doubled wages, how productive his workers became and then he goes fast forward, likes to talk about costco, for example, he went into a sandwich shop, small business, where they are paying above the minimum wage. why isn't this happening? >> well, simply from what i was talking about before, the supply of workers is so much greater than the demand, and shifts in the...
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the university of michigan in ann arbor, using the state to frame his argument that auto pioneer henry ford once doubled his workers' wages, saying it would be good for business. democrats in washington are dialing up the pressure against their colleagues across the aisle. harry reid yesterday signalled the senate likely won't vote on the measure until the next week after next. meanwhile, within the hour, several house democrats will be joined by members of the business community, along with social justice advocates who called for immediate action on the issue. congresswoman sheila jackson, one of the lawmakers leading the event, thank you so much for your time. >> it's a pleasure to be with you, tamron, and congratulations on the nbc spot. >> thank you, you're very sweet to say that. thank you very much. there's not much happiness, i think, for a lot of people who thought there would be some progress regarding the increased minimum wage. right now, you well know the hill is reporting that republican senator susan collins is reaching out to democrats on a compromise that could divide democr
the university of michigan in ann arbor, using the state to frame his argument that auto pioneer henry ford once doubled his workers' wages, saying it would be good for business. democrats in washington are dialing up the pressure against their colleagues across the aisle. harry reid yesterday signalled the senate likely won't vote on the measure until the next week after next. meanwhile, within the hour, several house democrats will be joined by members of the business community, along with...
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at the university of michigan, he'll offer comparisons to henry ford, who doubled the money he paid his workers because he said it was good for business. the president will point to costco and gap as modern day examples. the president might have an extra swing in his step over the news 7.1 million americans signed up for obamacare, and he was defiant in the face of ongoing attempts by republicans to repeal obamacare. >> i got to admit, i don't get it. why are folks working so hard for people not to have health insurance? why are they so mad about the idea of folks having health insurance? >> so any minute we will hear from john boehner, who has resided over 60-plus votes to repeal or change the health care law. let me bring in our company, ryan grimm, ruth marcus is columnist for "the washington post." good morning. >> good morning, chris. >> you have what have been overwhelmingly positive headlines on health care and a huge turnaround in how much momentum the president is carrying today. look, we've got this new poll from quinnipiac that shows people are evenly split, in fact, a little
at the university of michigan, he'll offer comparisons to henry ford, who doubled the money he paid his workers because he said it was good for business. the president will point to costco and gap as modern day examples. the president might have an extra swing in his step over the news 7.1 million americans signed up for obamacare, and he was defiant in the face of ongoing attempts by republicans to repeal obamacare. >> i got to admit, i don't get it. why are folks working so hard for...
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henry ford used to say the reason he paid his workers so much was he wanted them to go buy cars. so how can we incent businesses to get off the sidelines, starting hiring and creating jobs, kind of with the faith the demand will be there. if you build it, they will come. there is some truth to that in the economy but there's been a lot of uncertainty around economic dprogrowth. we've been in a tepid state for about five years so that doesn't give employers confidence. >> is that not the payback after the bailout to some degree? >> i think they see it if they're able to make that level of profits without hiring more people, they'll go ahead and do it. susan, thank you so much for helping make this successful. i'll have more on this later. i think one of the things to watch is the way that our policy conversation is altered by the changed assumptions and the changed world. >> i think that's going to be one of the biggest conclusions frngs bo from this book, how it changes. >>> and a reason to actually read "playboy" for the articles. no, really. (mom) when our little girl was born,
henry ford used to say the reason he paid his workers so much was he wanted them to go buy cars. so how can we incent businesses to get off the sidelines, starting hiring and creating jobs, kind of with the faith the demand will be there. if you build it, they will come. there is some truth to that in the economy but there's been a lot of uncertainty around economic dprogrowth. we've been in a tepid state for about five years so that doesn't give employers confidence. >> is that not the...
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Apr 19, 2014
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they also had henry ford and claire ford and other friends. they then went over to a place called rock lake which was a very obscure place in the woods and they set up the pretense which they had ready for this trip. one was reserved and then they had a tent for the women and the men. they had a dinner that night for supper out in the woods and all of a sudden his plac wife said everybody just go to your tent now but before she could finish her statement it started raining like you have never seen before. the conversation went on and it was just incredible. she recalled an unusual tropical storm that on rare occasions were miserable in this part of the country. the members of the exposition came one by one into the tent. but by the time they arrived the language contained they laid her founder wrapped in mosquito netting. he worked here every year. his last project started and the reason for that was he had an experience during world war i for trying to getrying to get ce couldn't get because of world war i ended they were surrounded by german
they also had henry ford and claire ford and other friends. they then went over to a place called rock lake which was a very obscure place in the woods and they set up the pretense which they had ready for this trip. one was reserved and then they had a tent for the women and the men. they had a dinner that night for supper out in the woods and all of a sudden his plac wife said everybody just go to your tent now but before she could finish her statement it started raining like you have never...
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Apr 16, 2014
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come see america's greatest history attraction, the henry ford, and ignite the spark of imagination inroes come alive in pure michigan. your trip begins at michigan.org. if you ask me about did you ever have chickenpox? 1 in 3 people will get shingles in their lifetime. guess which one i was. myso i asked her how i isaved fifteen percent on car insurance in just fifteen minutes. (laughter) "idk?" what does that mean? "i don't know." and i'm the one who's out of touch. lol. fifteen minutes for a quote is out of touch. with esurance, seven and a half minutes could save you on car insurance. welcome to the modern world. esurance. backed by allstate. click or call. ♪ [ male announcer ] spring is calling. get 3 perennials for just $10 at lowe's. ♪ >>> good morning. i'm eric thomas. residents of an apartment building in san francisco are waiting to get back in this morning after a fire yesterday. the flames poured out of the roof and knocked out power to the six-story building on delores and 14th street. nobody was hurt. >>> leyla gulen is here with the forecast and your traffic. >> all righ
come see america's greatest history attraction, the henry ford, and ignite the spark of imagination inroes come alive in pure michigan. your trip begins at michigan.org. if you ask me about did you ever have chickenpox? 1 in 3 people will get shingles in their lifetime. guess which one i was. myso i asked her how i isaved fifteen percent on car insurance in just fifteen minutes. (laughter) "idk?" what does that mean? "i don't know." and i'm the one who's out of touch. lol....
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Apr 29, 2014
04/14
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CSPAN2
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the great story of henry ford, who raised the day rate of his workers, way back in the olden days, and people said what are you doing? you're raising wages, you could get away with paying them whatever it was. he says i'm raising them because i want them to buy my car. the cars that we make. now, i tell you, what you're going to hear on this floor from our colleagues is, we're going too fast. we're raising this too much. i've already shown you we're raising it less than inflation. so that's baloney. honor its face. no two, they're going to say it's going to hurt small business. i've already told you 82% of small business already pay all their employees more than the federal minimum wage and more than half of them support raising it to $10.10. because they know people will spend money on their products and in their stores. then the next thing they're going to say, it's a job loser. it's a job loser. and they're going to cite one study which i call an outlier, c.b.o., it said the minimum wage would reduce employment by .3% over the next two years. let me tell you, when i heard that i tho
the great story of henry ford, who raised the day rate of his workers, way back in the olden days, and people said what are you doing? you're raising wages, you could get away with paying them whatever it was. he says i'm raising them because i want them to buy my car. the cars that we make. now, i tell you, what you're going to hear on this floor from our colleagues is, we're going too fast. we're raising this too much. i've already shown you we're raising it less than inflation. so that's...
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Apr 29, 2014
04/14
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CNBC
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. >> but then you could henry ford. >> yes, you could. that were close calls in that way. >> bill mcgowan. >> mci. even rupert murdoch who did a lot of his building beginning back in the 1950s. but whose greatest impact. >> it didn't bother you with millken but somebody with some of the others. >> i was just really kidding there. we had to have, for diversity sake, we had to have at least one felon on the list. >> let's talk about similarities. technology had a massive impact. tech titans dominated. you saw four of the top five being filled by the silicone value vision ears. was that an overwhelming theme you kept coming back to again and again? >> happy to avoid it. tech has been the driver, along with finance, health, and media. but tech first among equals in that group. >> it's been transform active. but also life experience. almost every one had profound moments of setback. steve jobs, a lot of people have been fired. >> you separated buffalo versus private. greenspan, bernanke are not business people. i don't understand how that work
. >> but then you could henry ford. >> yes, you could. that were close calls in that way. >> bill mcgowan. >> mci. even rupert murdoch who did a lot of his building beginning back in the 1950s. but whose greatest impact. >> it didn't bother you with millken but somebody with some of the others. >> i was just really kidding there. we had to have, for diversity sake, we had to have at least one felon on the list. >> let's talk about similarities....
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i think it started back with jacksonian and also was made popular the twenty's and thirty's by henry fordnd by father coughlin which is that there is the you know the uppity bankers and you can refer to the semitism there and then you know and so they're draining us and then the bottom feeders right and they're draining us and it's only the people that produce things are worthy of our country and even apply them bundy used the word today on c.n.n. he was talking about he's a producer he actually you know invoked that so it really comes down. to these wild thoughts we have about a minute i have lived here before for a quick break here and your thoughts on. the climate and just populism in general. well i mean i think in bundy standoff much like ruby ridge and waco did it's kind of a galvanizing point where you have various extremists drawn into a cause and they can recruit they can you know push forward their message or draw more people into the movement and also serves as a radicalization of these people who are on the ground their arm ok they're experiencing what they perceive us federal
i think it started back with jacksonian and also was made popular the twenty's and thirty's by henry fordnd by father coughlin which is that there is the you know the uppity bankers and you can refer to the semitism there and then you know and so they're draining us and then the bottom feeders right and they're draining us and it's only the people that produce things are worthy of our country and even apply them bundy used the word today on c.n.n. he was talking about he's a producer he...
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Apr 12, 2014
04/14
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CSPAN2
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>> guest: henry kissinger had his own opinions, president ford was not really that involved.re right there in the secretary's office and the people in saigon were saying we are having all hard time, we don't have a clear chain of command where everyone has to report to one person and that one person will have the final authority and everything was chaos at the time so it was -- washington wasn't really directed toward the end. it was done by the people on the ground in saigon. >> host: thank you for holding, you are on with author bing west. >> caller: great program, c-span. i am a private in the army. i have a son who is a warrant officer. two years in iraq, one year in afghanistan. i have a grandson. our only grandchild who just finished basic training at fort benning, georgia. we are of families that have put our lives on the line. i have to be very fortunate, i served in fort monroe, va. when general john waters, general patton's son in law, and general truman, harry truman's nephew hit the army command. i was two years in the u.s. army special forces reserve, went back t
>> guest: henry kissinger had his own opinions, president ford was not really that involved.re right there in the secretary's office and the people in saigon were saying we are having all hard time, we don't have a clear chain of command where everyone has to report to one person and that one person will have the final authority and everything was chaos at the time so it was -- washington wasn't really directed toward the end. it was done by the people on the ground in saigon. >>...
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Apr 28, 2014
04/14
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CSPAN2
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a hundred years ago in january, henry ford in 1914 announced he was going to pay his workers $5 a day. nobody really thought when they look at henry ford and his life, nobody really thought he was doing it out of the kindness of his heart. but that didn't matter. he decided to pay everybody in his plant $5 a day because he understood that paying them more would mean a more prosperous work force who could then, presto, have the money in their pocket to begin to buy a car, to buy a model t or one of henny henry ford's cars. productivity increased 58% in this country since 1979. used to be as productivity went up, wages went up. since world war ii between 1945, 1973, productivity went like this, wages preach parallelled increase. workers producing more for their boss would get part of the wealth would share in the wealth that they were helping to create for their company, for their boss. so while productivity has increased 85% in the last 35 years, inflation-adjusted wages increased 6% and the value of the minimum wage fell 21%. think about that. proicht went up 85%. profits went up sign
a hundred years ago in january, henry ford in 1914 announced he was going to pay his workers $5 a day. nobody really thought when they look at henry ford and his life, nobody really thought he was doing it out of the kindness of his heart. but that didn't matter. he decided to pay everybody in his plant $5 a day because he understood that paying them more would mean a more prosperous work force who could then, presto, have the money in their pocket to begin to buy a car, to buy a model t or one...
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Apr 3, 2014
04/14
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CSPAN2
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so i would just urge that we come together and that we look at this as henry ford did 100 years ago, in 1914 when he doubled the salary of his workers to $5 a day. he lifted them up. the small businesses around his plant saw increases in their business, hired more people because more people had money in their pocket, they could come in and buy the foods and goods. we're talking about people working hard, again, madam president, every single day. moms that are cleaning hotel rooms and on their feet all day. they're mopping floors, preparing food. they go home, they take care of their families. all they want is a fair shot to succeed and be able to make their lives and their children's lives better. let's have a strong bipartisan vote on raising the minimum wage. thank you, madam president. the presiding officer: under the previous order, amendment numbers 2878, 2877 and 2875 are withdrawn. and under the previous order the question is on the motion to waive. the yeas and nays have been ordered. the clerk will call the roll. vote: vote: the presiding officer: are there any senators in t
so i would just urge that we come together and that we look at this as henry ford did 100 years ago, in 1914 when he doubled the salary of his workers to $5 a day. he lifted them up. the small businesses around his plant saw increases in their business, hired more people because more people had money in their pocket, they could come in and buy the foods and goods. we're talking about people working hard, again, madam president, every single day. moms that are cleaning hotel rooms and on their...