Peter Navarro Quotes
The basic problem is for a congressman or a president to get elected, they need obscene amounts of money. And the only place you can get obscene amounts of money is from Wall Street and the big corporations who benefit from shipping our jobs and our factories overseas - that's the fundamental political problem.
Navarro, Peter, and Greg Autry. Death by China: Confronting the Dragon - A Global Call to Action. Pearson Prentice Hall, 2011.
At the time this was a very widely held, bipartisan view. See {634818} . Given statements like this, TR if he were alive today would never be able to get the Republican Nomination for President; nor could he obtain the Democratic Nomination because of his view on the military, expansionism, defense spending and war.
Often called Blackshirts
His unusual theory was that if government could or did not do much to affect the economy, there would be no reason for a large corporation to invest money in electing a particular party or candidate. Therefore the way to get the influence of big money out of politics is to reduce the role of government drastically. Paul was one of the very few Conservative politicians who would publicly state that the reasons that corporations made campaign contributions was to buy political favors, favorable legislation or tax treatment. If corporate investments did not pay off for the company, shareholders would not tolerate spending investment money for a particular political philosophy as most companies have shareholders representing the range of American political opinion and their investments should pay off to the bottom line—profits.
He had been serving as a University President. One change was the unlimited corporate funds that could then be donated to campaigns by corporations. “Super-Pacs” were one of these vehicles. Kerrey refused to use them. His opponent did not. His opponent was able to spend much more money on his campaign. Kerrey lost.
Peter Kent Navarro is an American economist and author. He served in the Trump administration as the Assistant to the President, Director of Trade and Manufacturing Policy, and the national Defense Production Act policy coordinator. He previously served as a Deputy Assistant to the President and Director of the White House National Trade Council, a newly created entity in the White House Office, until it was folded into the Office of Trade and Manufacturing Policy, a new role established by executive order in April 2017. He is also a professor emeritus of economics and public policy at the Paul Merage School of Business, University of California, Irvine, and the author of Death by China, among other publications. Navarro ran unsuccessfully for office in San Diego, California, five times.