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Industry Quotes

“If drugs were legalized in the US, the Mexican economy would collapse since the earnings from drugs bring in more hard currency than its largest licit source, oil sales. Mexico is a corrupt state that has now become dependent on the earnings on an illegal product. But inevitably, the product will become legal and then Mexico will retain its corruption but must face the needs of its citizens now employed by the drug industry who have become steeped in violence and conditioned to higher incomes.”

“Let's take energy, for instance. I understand that in some industries, the input cost of energy is a major factor in whether an industry is going to locate in the United States or go elsewhere. So, when, at Bain Capital, we started a new steel company called Steel Dynamics in Indiana, the cost of energy was a very important factor to the success of that enterprise.”

“Consumer habits have changed dramatically. People have gotten used to getting the news they want, when they want it, how they want it, and where they want it. And this change is here to stay. Despite all the dire reports about the state of the newspaper industry, we are actually in the middle of a golden age for news consumers who can surf the Net, use search engines, access the best stories from around the world, and be able to comment, interact, and form communities.”

“One of the reasons why this country undertook military action in Iraq was that there are quite a few problems here, and perhaps attention needed to be deflected from those problems. It sometimes seems that the U.S. economy works successfully only if it gets a stimulus from the defense industry. So perhaps in addition to showing the power and the might of the United States internationally, another reason was to help the defense industry and to help the U.S. economy recover.”

“Terror became a big issue when the Reagan Administration came in. They immediately announced [their plans] and kind of disparaged Carter's alleged human rights programs. The main issue is state-directed international terrorism. Right at that time that big industry developed. That's when you start getting the academic departments on terrorism.”

“The rage building up, generation after generation, among what has become a permanent underclass in many parts of the world cannot continue. We are desperately undereducating our children. In the United States, we are turning prison-building into the single largest urban industry. These are like toxic chemical factors any one of which could cause a raging fire. God help us if they begin to interact.”

“Overall, you know, no state in our country has been hurt more by the eight years of Barack Obama than Wyoming has been, and whether it's the absolutely unconstitutional role that the EPA is playing and the president trying to kill our coal industry - Wyoming is the nation's largest coal-producing state. So when President Obama and Hillary Clinton say they're gonna put coal out of business, it hits us harder than just about anyplace else.”