Video archive of the US Congress

House Proceeding 09-25-09 on Sep 25th, 2009 :: 2:04:05 to 2:10:19
Total video length: 2 hours 45 minutes Stream Tools: Stream Overview | Edit Time

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Steve King

2:04:02 to 2:04:22( Edit History Discussion )

Steve King: the way you can't avoid trying to find a good answer to those questions. mr. king: reclaiming my time. i very much appreciate the diplomatic gentleman from utah for his contribution to the knowledge base and decisionmaking process we do here in this congress. i would suggest he's a little overly humble when he says he doesn't know the answer what happens to those communists.

Steve King

2:04:05 to 2:10:19( Edit History Discussion )
Speech By: Steve King

Steve King

2:04:23 to 2:04:43( Edit History Discussion )

Steve King: when i think about the discussion that we heard about ukraine, georgia, iran, venezuela, and north korea, south america, mr. speaker, all a book written by colonel robert chandler called "the shadow world."

Steve King

2:04:44 to 2:05:05( Edit History Discussion )

Steve King: it's 500-some pages long. and mr. chandler takes the situation of the world at the end of the cold war, and that would be at the implosion of the soviet union, and he begins to identify the leading personalities in the world, those leaders and those ideologies within the countries,

Steve King

2:05:06 to 2:05:27( Edit History Discussion )

Steve King: that are, let me say, communist interes. hard core communist interests. and he takes a person around the globe to every populated continent and talks about the core politics of each of those countries, including these countries that have been mentioned by mr. bishop of utah, and especially venezuela, north korea, and some of the other countries in south america.

Steve King

2:05:28 to 2:05:49( Edit History Discussion )

Steve King: also putin in russia and how things unfolded, and gorbachev's position as well. it is a very, very educational compilation of what happened after almost 20 years ago when the berlin wall went down, the iron curtain came crashing down, and the people who were holding up that part of the world, the

Steve King

2:05:50 to 2:06:10( Edit History Discussion )

Steve King: level side of the world, those on the east side of the berlin wall who had a managed economy, who had the central planning that set up five-year plans for the collective farms, those that told everyone else when to go to work, what raw materials to deliver. if you rember ronald reagan,

Steve King

2:06:11 to 2:06:31( Edit History Discussion )

Steve King: some of the others made the joke that, well, the soviet union, the people in the soviet union pretended to work and the soviet union pretended to pay them. but eventually that house of economic cards collapsed because the question was before us, as a

Steve King

2:06:32 to 2:06:52( Edit History Discussion )

Steve King: nation, and that question was, while the soviet union was developing a missile capability to eclipse our own capability here, such a devastating force of icbm's that there was nothing the united states could do to survive such an attack, that mutually assured destruction was going down the path of a

Steve King

2:06:53 to 2:07:14( Edit History Discussion )

Steve King: destruction that would be so bad in this country that civilization itself may not survive, the question that was before us was articulated best by the former ambassador to the united nations, jeane kirkpatrick, who upon as she stepped down from that position in the early 1980s said, this contest that's going on, this cold war is the equivalent of of playing chess and monopoly on

Steve King

2:07:15 to 2:07:35( Edit History Discussion )

Steve King: the same board and the only question is, will the united states of america bankrupt the soviet union economically before the soviet union checkmates the united states militarily? that was the most succinct example of what was taking place in that cold war in the 1980's.

Steve King

2:07:36 to 2:07:56( Edit History Discussion )

Steve King: and we know how it played out now. we look back on that and almost 20 years ago the soviet union could no longer hold their economics together. they couldn't keep their military out even in places like east germany. and so they opened up the border with hungary, people flowed around to austria and hungary.

Steve King

2:07:57 to 2:08:17( Edit History Discussion )

Steve King: at a certain point there wasn't any america keeping -- guarding the wall anymore because people were streaming around the end. and so they went over the top and began to sit up on top of the wall with hammers and chisels and sauce and anything they could get their hands on and yes, some broke bottle of champagne and it was family reunification but it was the

Steve King

2:08:18 to 2:08:40( Edit History Discussion )

Steve King: iron curtain crashing down nearly 20 years ago that should have been a lesson for the whole world that free enterprise always defeats a managed economy. because no matter how many smart people you put in positions of power, they can't micromanage an economy tha combination of everybody's individual productive and

Steve King

2:08:41 to 2:09:01( Edit History Discussion )

Steve King: economic activity every day. the invisible hand as damn smith famously described and actually didn't about how free enterprise works with providing the incentives and managing the supply. so it works like this. if the grocery store runs out of bread, the store owner understands he has to have more

Steve King

2:09:02 to 2:09:22( Edit History Discussion )

Steve King: bread or otherwise people will go someplace else to shop. and if there's a cheaper, better bread at the neighboring store, that store own certificate not going to sell his bread. that's how grocery stores grow and shrink, how chain stores begin, how manufacturing begins. our control, our manufactured -- managed economy is this.

Steve King

2:09:23 to 2:09:44( Edit History Discussion )

Steve King: fre enterprise is o economy. and the buy, sell, trad, make, gain culture we have that's part of what made america great, one of the central pillars of american exceptionalism is free enterprise. when we have that working for us in this country, americans are more productive than anybody else in the world. and our job here in this congress, mr. speaker, is to get

Steve King

2:09:45 to 2:10:05( Edit History Discussion )

Steve King: government out of the way and to provide the kind of tax and regulatory structure as minimally as we can so that the result is the individuals in this country will see our verage annual productivity go up -- average annual productivity go up. and they will produce more. if you tax them and punish them and regulate them, they will

Steve King

2:10:06 to 2:10:19( Edit History Discussion )

Steve King: produce less. in places like the soviet union, the former soviet union, they just simply suppress the productivity by taking away the rewards. i can give you a simple example that stands out in a very stark

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