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Lt. Commander Jeffery Lay, author of “Topgun on Wall Street: Why The United States Military Should Run Corporate America, weighs in on the U.S. and ...
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The senate commander Jeffrey Lang says we really shouldn't -- chuck.
-- economic dependence -- -- standing he is the author of top -- on Wall Street why the US military should run corporate America.
Commanders -- good to have you.
It's great to -- here.
You know it's always the old argument commander on principle over profit are profiteering.
But we depend on -- -- a buyer debt.
And here we are in the middle of defending a blind dissident.
Money -- Say.
Forget the blindness.
Well the entire point here is do we have the courage of our convictions are we going -- -- to a nation like China are we gonna realize that our -- or tied together.
The debt that our nation is -- up is troubling and if we don't believe that our country can recover if that makes us weaker in the conversation that's not the point that we wanna be operating from.
Now globally China's in the position and is because -- brought so much of their stuff so we have had to trump card ourselves Donald Trump himself assessment right but.
It's -- how it's him some people who expressed surprise how forcefully.
The administration.
As spends supported this tested and are you surprise for that encouragement.
I'm encouraged that they're gonna step up its really about leadership -- where I come from after 24 years of military service leadership's about.
Taken responsibility first and given Craig for those who deserve and you have to give credit to the administration to stand up and be willing to engage in a conversation like this we really have to believe in our nation again and get back to that nation it was pandas by forefathers.
Now and I was looking at the president was he could easily and an election you know less knowing there -- the ramifications and repercussions on an angry.
China may be trading has -- access to skip out on the next adults and we have.
To do this anyway.
-- what if China though respondents.
Way commander and says you know one.
You're next step debt auction we're not gonna buy anything when -- and start cutting back on purchases we're gonna -- economic hit.
And right we're gonna feel the economic and it's gonna come home to roost there's no free launch and that the united states military.
We are accountable every single day and we were stewards of the assets replace their hands they might have been military hardware.
But the assets that are being entrusted to our politicians.
Down in Washington.
Those are physical assets emotional assets and the -- the spirit the heart of a nation we can give that back to anybody we have to actually found that.
But there are those have been argued it would that is positioned to -- and say well.
The -- -- and military uses BC hero.
There's going to be less money for the military.
If we if we take on the Chinese like we're doing right now.
It's a catch 22 on and we -- interest around the world but again I come back to the fact that our -- are linked together maybe we don't wanna be in competition with China.
But whether we realize that we're not we are in competition with China so we need to get in the game we can't be standing back and hoping for things to get better.
You look at the global situation and predict currency you probably -- -- Clinton and I but.
I think when you look at China's reputation globally more countries are afraid of China -- they are the United States looked -- I don't know -- intimidated is a word but we don't.
Impress the same three Europe all -- that we -- on where is China.
-- Why is that.
I think it's because we are really feeling hostage to our own -- mean we've got ourselves a little bit of a massacre now we're gonna get ourselves message out of equity mean -- it.
Well look at the amount of death of refractive I mean we're passing on debt toward children that I don't think anybody really wants to turn around -- -- we need leadership it's gonna come see beauty the world things were journals and I don't think that word joke and I can tell you but a part of American preeminence is slipping and one place that hasn't -- the United States -- has some of the tenants that we had.
Around personal responsibility and accountability.
There's no black and white in life anymore it's -- operating -- they're still black and -- -- American military -- really starts with accountability.
I don't wanna put soon spot but you're hearing from -- here but the president critics say spiking the ball.
On the anniversary of -- killing of some of -- on any thoughts on the.
Yeah my heart goes out to every soldier and their families ever lost that soldier but what I can say about the killing of Osama bin Laden.
Is very simple and that is the credit doesn't go to one -- and it doesn't go to one party either side that was a victory for America plain and simple and nobody can take that away from us so was there anything wrong.
With ten having a speech on the anniversary of or being in Afghanistan.
On the day and -- I think you have to go out -- you have to put yourself in from the troops of people that are put themselves.
And -- way but we don't need to politicize this this is an an opportunity to go around and talk about what someone might or might not have done.
You have to rise to the cage in the office and it wouldn't -- -- he was inside of the White House at that time I think they would have made that call.
-- -- -- what I mean I don't Mitt Romney sitting Jimmy Carter would have medical I don't know about that.
Put some military guys is there a sense that they still have support back in Washington or or is that slipping but.
That the support does feel like it's -- and this is actually.
Kind of an -- time it feels very similar to my time in the military in the ninety's we had some pretty draconian cuts we -- things.
Where Marines were being cut in force by 25%.
It was like this peace dividend.
We're having discussions around peace dividend today we've got to be more cautious about the money is being spending address entitlement -- and that's how we're gonna be able to keep our military strong.
Can of the peace dividend after World War I that all the western powers cutting back on the military expenditures.
And along came the resurgent Germany right about.
Commuter a pleasure -- on Wall Street when the united states military should run.
Corporate America could see you look at corporate America -- -- showing people out of the process all right let's take you -- -- very very much.
