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tv   Vice President Joe Biden Campaigns with Jason Kander in St. Louis Missouri  CSPAN  November 1, 2016 6:03am-7:01am EDT

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political ads for senator blunt and for his political opponent jason kander. here is a look. >> we have a family business just like roy blunt. his wife and three of his children are all lobbyists. he does not see what is wrong with this. blunt: everybody's family does something. i do not see what is wrong with that. >> he does not even live in in washington. maybe he should just become a lobbyist, too. jason kander: i am jason kander and i approve this message. roy blunt: i am roy blunt and i approve this message. >> kander is lying. lobbyists have never paid for roy blunt to trouble anywhere. but here's the truth.
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it is an kander has taken millions from lobbyists and special interest. even his wife was listed as a lobbyist. but now jason lies about that. jason kander, another lying liberal politician. secretary kander: when i came home, i realize politicians were lying. parties, their pay raises, and their clinical careers. ahead of our country. iam running for senate and approve this message because we will not change washington until we change the people we send it there. >> when hillary clinton went shopping for her new agenda, her first stop was jason kander's headquarters. she gave half a million dollars to support him. she knows he supports her bad ideas like expanding obamacare. if hillary clinton is president, jason kander will be a blank check.
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no wonder he keeps lying about roy blunt. the pay is good. sen. blunt: i'm roy blunt and i approve this message. announcer: vice president joe campaigned alongside missouri candidate jason and her. the two spoke at a rally in st. louis recently. this is just under one hour. [cheers and applause] ♪
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[cheers and applause] sec. kander: how are you doing? how about kathy? all right? all right. so, this is the vice president. [cheers and applause] i'm excited. yeah! thank you all so much for everything you are doing. you know, there is 11 days to go. did you know that? i thought you might. in the army we would refer that to 10 days and a wake-up, but we actually have to work for the whole 11 days. are you ready to do that?
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i thought so. i thought so. you know, i wanted to start by telling you a quick story because this campaign has really become a conversation about whether or not there is promise in the next generation in so i want to tell you a quick story. it is a story the veterans here will understand. raise your here and if you are a veteran. can we give these folks of round of applause? so, the folks who raise their hand know when you're getting ready to go overseas, one of the things that happens is people tell you, people training you, that when you get over there you are going to have the good stuff. for me, they said you're going to have armored humvees. there is a mean fellow on top. i see you are nodding, right? a mean looking fellow on top of a machine gun. that's what i was expecting. this is about my first few days in afghanistan. i get there and i am thinking i am pretty tough.
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like, i thought i was g.i. joe in the flesh. i had my battle rattle, my hip.l on my a pretty tough guy. within the first few days it came time for me to go the very first convoy of my whole deployment to the camp when i was stationed. i was still feeling tough. it rolls up in the convoy is not armored humvees. not a mean looking fellow on top of a machine gun. it was a midsized unarmored suv. seriously. just like what you drive around st. louis. but we were about to drive around afghanistan and i suddenly felt the opposite of tough. i was starting to get queasy and then in addition to being physically scared, i became very concerned that i could end up getting sick and being known as a guy during my whole deployment as the guy who threw up on his coworkers the first day and i thought that would be bad. fortunately, we safely got where we're going and i did not get sick on anybody. but if you fast-forward, i'm
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standing in the exact same spot but now i am a convoy commander. i am telling folks what to do if we got attacked. i am telling them and who would be in charge if i am killed, and i see this kid staring right back at me. 19 or 20 years old and clearly feeling what i was feeling months earlier because he is turning green. like, the color of the letters on your shirt green. and, i know what he is feeling, i know when he is thinking. i am watching him for what he would do. we load up the vehicles. the reason i remember this is because he ended up sitting right behind me and i remember thinking, i really hope this kid does not get sick. he is right behind me. the reason i tell you that story is because up until that moment in his journey, he had all these decisions to make where he knew what the right thing was, and he knew what the easy thing was, and he knew they were not the same thing. and he chose the right thing.
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he chose the right thing when he decided to enlist. 2006. he knew that meant he can end up in a place like afghanistan. then he chose a job in the military that could put him in a seat right behind me. and then he when he was turning green and everybody knows going on, he knew he could say, maybe i will go in tomorrow's convoy. but he did not do that. he got in the suv. and the reason i am running really comes down to my overwhelming feeling that what we need in congress right now are more people that make a choice. more people that will get in the suv. more people who look at the right thing and be easy thing and choose the easy thing and -- the right thing and the easy thing, and they choose the right thing, and they know it is not the same thing. [cheers and applause] sec. kander: because when i signed up for the army i didn't -- did it out of a desire to protect the entire country. i promise you i did not go to afghanistan solely to protect the wealthiest 1% of americans. i did not. [applause] sec. kander: and i know that
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just like that young man knew you need to do the right thing, we need to do right by the middle class and that is not what senator blunt is doing in the united states senate. [cheers and applause] sec. kander: because for far too long, congress has put millionaires, billionaires, special interest who can afford access to politicians ahead of everybody else. ahead of folks working multiple jobs. 15 years ago, there were making more money working one job. they're putting all of those folks behind. and the truth is working americans, they are not actually looking for a handout. they are looking for a level playing field. because we know -- that's right -- the reason you're here, the reason i am here, the reason the vice president is here -- [cheers and applause]
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sec. kander: -- is because we know that america is at its best when our middle class is at its strongest. [applause] sec. kander: and we all know that we need more people in congress, in the senate, who understand that college has to be more affordable or middle-class families are going to struggle under that debt for generations. and we know that the middle class needs a tax cut before a multi-national corporation needs another tax loophole. and we know that it is wrong when women are paid less than men for doing the exact same job. [cheers and applause]
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sec. kander: so, over the next 11 days, here's what is going to happen. the folks who have made an investment in senator blunt, they are going to -- he's coming back, don't worry -- [laughter] sec. kander: it is not a magic trick. [cheers and applause] sec. kander: they got worried. v.p. biden: i'm not leaving. i'm not leaving. i just thought of something i've got to show you. sec. kander: they were like, joe! [chuckling] sec. kander: so, over the next 11 days, here is what is going to happen. the special interests that made investments into senator blunt are going to keep doing that. i have used "investments" purposefully. over the last years, they've made an investment in somebody
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who wakes up every morning thinking about what he can do for the special interests that fund his campaign and his lifestyle. they are not going to go quietly. they do not want to see that go away. they know i am not going to be there to serve the special interest. so, he can have the special interest, because i've got you. [laughter] [applause] i got you. i got you. i've got you to knock on doors, make phone calls, and to do the work. that is how we win. that is how we win, and the good news is that there is a new generation stepping forward in this country right now. [applause]
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sec. kander: and it is a generation, for me, i will tell you, i am not interested in getting distracted by this dark choir of politicians that will still tell us our country is doomed or this country is incapable of greatness. because i've seen members of this generation sign on the dotted line and enlist when they knew doing so probably meant going to war. i've seen them asked to go back as soon as possible after they have been hurt. i have seen them work alongside civilians their age to try to make the very best country in the world the greatest version of itself it can be. that is what i have seen. [applause] kander: and, this is a generation that is more focused on ideas than on ideology.
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it is a movement that measures your patriotism not by your willingness to send other people to war but by your willingness to do what is right no matter what the political cost. [cheers and applause] sec. kander: and i know we need more people in washington in both political parties who have voluntarily been through something in their lives that is more difficult than a reelection campaign, and i promise you i have. [applause] sec. kander: so, we know that we are not going to change washington until we change the people we send there and the time has come for the next generation to step up and take the lead in shaping the direction of our state and our country, and with your help that is exactly what i will do as your united states senator. thank you so much. thank you. [cheers and applause] sec. kander: yeah.
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[cheers and applause] [cheers and applause] sec. kander: and now -- and now it is my honor to -- i think they are ready for you. it is my honor to spend a moment introducing vice president joe biden. [applause] sec. kander: vice president biden -- i don't mean to step on it. you can go ahead. [chanting "joe"]
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sec. kander: vice president biden is somebody who is proof that just because you go to washington does not mean you become washington. [applause] [chanting] sec. kander: they tried. they tried. thank you, i appreciate it. but the sooner we get through this the sooner you get to hear from the vice president. let's do that. let's do that. so, americans across the political spectrum respect the vice president because they know he puts them first. they know he is about the middle class. they know whether you are a teacher or a student, a waitress or an auto worker, that he is there for you. and i can tell you that i've seen firsthand when he was here a couple months ago and we stopped at goody-goody -- when we walked through, people don't
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jump up and yell "mr. vice president, mr. vice president" and, it is not that they are showing disrespect. they are yelling "joe, joe," like you were. the reason they do that is because -- it is not that they already feel that they know him, but because they know that he knows them. right? that is why he is a fighter for the middle class and the working class, and that is why i'm so honored that he is here to campaign with us. please give a big missouri welcome to vice president joe biden. [cheers and applause] v.p. biden: hello, st. louis! it is great to be back. folks, it is great to be back. you know, before i start talking
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about the issues, let me follow along with something jason said. you know, jason, like my son beau was part of the -- no, thank you but -- part of, i think, the greatest generation that has ever been created in this country, and let me explain what i mean by that. you know, after i -- i call it the 9/11 generation. after 9/11, close to 5 million young women and men went down somewhere -- the national guard, the united states army recruiting, the navy -- and they said, send me. you know that quote from isaiah, "who shall i send?" send me. send me. and they went. they went.
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i have been in and out of afghanistan and iraq 28 times. i have seen what these young women and men have done. [cheers and applause] v.p. biden: i have been asked in a forward operating base in the middle of a godforsaken nowhere in the upper kunar valley in afghanistan to pin a silver star on a young captain, in what they call a f.o.b., forward operating base. six military personnel on the side of a hill of a mountain by themselves, nothing but these great big sandbags reinforced with chicken wire. i was asked by the commanding general, would i pin a silver
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star on this young man, because he had gone down a ravine to rescue one of his young men who had been shot, brought him back under a hail of gunfire, and was wounded. the young man died. when i went to pin that silver star, with general rodriguez -- went to pin the silver star on his chest, he said, i don't want it, sir. i don't want it, sir. he died. he died. i don't deserve it. the same thing happened outside of ramadi. a young man, an army captain went into a burning humvee to rescue one of his soldiers, a lieutenant. they hit an ied.
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i was asked by the commanding officer, would i pin a silver star on him. this is the god's honest truth. he whispered to me, sir please do not. please do not pin that on me. he died, sir. he died. i did not do my job. he died. with burned hands and a young man who had risked his life. this is a truly remarkable generation. i wish all of you could see how they operate. right after we got elected, because i allegedly know something about foreign policy and national security, the
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president asked me before we got sworn in, would i go to afghanistan? would i come back with recommendations as to how to proceed? i asked two highly decorated members of the senate to come with me, john kerry, a democrat, and chuck hagel, a republican. we were going from down in the valley all the way to the airbase kandahar north of kabul. our helicopters were flying at about -- the mountains were like the sawtooth mountains in idaho, only much more extreme. the mountain peaks are between 8000 and 10,000 feet. jason knows this. and they are literally three quarters of a mile to 1.5 miles apart. there is no vegetation. we hit a snow squall, and thank god i had a really great young pilot with us, who found the one spot we could land on.
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not much bigger than this stage. the wings, the helicopter rotors, hung over on each side. they told me was 1400 feet down one side and 6000 down the other. and we were standing there in the wash of the helicopter, and i had a young gunny next to me. i looked out and looked across, it turns out to be less than a mile, and i will tell you how i knew. i saw 1, 2, 3, think i counted 12 afghans, on -- it looked like a goat path, facing us. i took the binoculars and looked. i said, can they get us? can they make it to us from there? he said, it would take them seven to eight hours to get down and through the valley. and i said, how far are they? and the gunner picked up his rifle. i said, no, no, no.
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he said, i'm just getting the distance, he said. 9/10 of a mile, sir. i looked over and i saw -- that was probably at 12:00. i saw at 3:30 or 3:00, this little tiny village nestled in the hill in a crevice of the mountain, with smoke coming out. it turned out it was a little afghan village, and i looked and i wondered, do those people have any idea what was going on in kandahar? it would take them days to walk there, and i was only 17 clicks away. i looked at this young man next to me and i realized, this kid probably a year and a half earlier had been home and pretty comfortable. but here he was in the middle of godforsaken nowhere. and as the f-16's flew over us for proof of life -- i later got
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home and found out there was a photograph sent of me, the general, and two congressmembers who later became secretary of state and secretary of defense, and the gunny and this interpreter. a vivid picture. of us standing in the wash of the helicopter. i said, where the hell did this come from? guys that jason had trained with had climbed up with over 60 or 70 pounds of equipment on their backs, had climbed up 11,000 feet in pursuit of an isil group, and they had taken a photograph of us. the reason i bothered to tell you this story is because the generation many of you and jason represents is the most incredible generation ever. never before have we sent people into war not once, not twice, but sometimes three and four and
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five times. scrubbing the blood off the seat of a humvee and going back and saddling up the next day. i carry a card with me, my schedule. i took my coat off. it is in my schedule. the back, everywhere i can find a place, is a box in black. i had my staff contact the pentagon every single morning for the last nine years. and i ask because i want to know -- it is called daily troop update. i want to know exactly how many americans have died in afghanistan or iraq. exactly how many have been wounded. because every one -- the thing i hate the most is, people say we have over 6000 dead.
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no. it is 6761. because every single one of those fallen angels left behind a family, a community that mourns their loss. many of them, like my son, when they came back decorated war heroes -- bronze star, other major medals -- i won't brag about my son, but he was one hell of a man. here is the point. [applause] v.p. biden: here is the point. there are thousands of your generation who have done this. over 4 million. 2.3 million, roughly, strapped on those boots, walked across the scorching sands of iraq, those god-awful moonscapes of afghanistan. and when i hear talk about the millennial generation, this generation not being ready to
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lead, it makes me want to gag. when i hear talk about this generation that is spoiled, i want to grab them. when i hear people talk about our best days are ahead of us -- or behind us, when the greatest generation we have had -- you know, you millennials, you volunteer more than any generation has. you are more open and any other generation. you're more committed than any other generation has. and all of this talk you are hearing in this campaign from so many corners, about trying to discourage you from going out and voting -- ladies and gentlemen, back in september, when jason and i were campaigning, i met his beautiful wife diana, and his precious son.
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i met his parents and his siblings. let me tell you, it is not a surprise he turned out to be who he is. he is a patriot -- as i said, like my son. he came home to serve just as he left to serve. he served in the missouri house, missouri secretary of state. he is the kind of person we need in politics, in both parties, as he says. young, optimistic. although i have to admit, he is not that young. [laughter] v.p. biden: i was elected to the u.s. senate when i was 29 years old. old guys like this -- [applause] v.p. biden: old guys like this, in my generation, and i see a couple guys up there of my generation, there is an expression. if he's over 30, you can't trust
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him. remember? son of a gun, he is over 30. i don't know, man. i don't know. i had to wait 13 days to be sworn in. i was not eligible to be sworn in when i got elected constitutionally. but here's is the deal, all kidding aside. we need new blood in both parties. i got in trouble -- i got in trouble -- no one ever doubts i say what i mean. the problem is, i sometimes say all that i mean. [laughter] v.p. biden: i said in the 2012 campaign, i said, if you had one wish, what would it be and i said, "for a republican party." i am not being facetious. you notice every time there is a congress problem in the administration, i get sent to capitol hill. no, no i have great reverence
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for our institutions. i really do. the proudest thing i ever did was serve in the united states senate. but here's the deal, guys. there's an awful lot of leaders up there. i would sit down, whether it was trying to keep the country from defaulting on its debt, or whatever the issue was -- you think back of all on the times, six major times. i would sit for hours, whether it was with john boehner, or eric cantor, or mitch mcconnell. and i would work out a deal. i said how, no, no. i would shake hands. we would have a deal. and then anywhere within seven hours to six days, i would get a call -- and i know these guys meant it. i know these men. honorable men. i disagree with them politically, but they are honorable men. and i would get a call saying, joe, i cannot do it. i cannot keep the deal. i will get thrown out of my position.
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joe, they would say -- this is not your father's republican party. this is not your father's republican party. i will be told, "i cannot do it, joe. i cannot get it done." what i am looking for in both parties is women and men who have the courage of their convictions, who will tell me what they want to do and not be cowed by special interests. [cheers and applause] v.p. biden: and i mean that. ladies and gentlemen, i learned a long time ago what jason knows intuitively. when i first got to the senate
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after i got elected, my wife and daughter were killed. i got elected november 7, and december 18, i got a phone call in washington saying a tractor-trailer broadsided the car my family was in and killed my baby daughter, killed my wife, and my two boys were not likely to make it. so i did not want to go to the senate. but because of guys -- and i mean this sincerely. because of tom eagleton and a guy named fritz hollings in south carolina and senate majority leader mike mansfield from montana -- they convinced me, just come and stay six months. just help us organize. because i did not think i could be a father and senator at the same time. and i used to go over to senator mansfield's office every tuesday at 3:00. i would get an assignment. i'm the first united states senator i ever knew. so, i did not know senators did not get assignments.
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no, for real, i did not know senators did not get assignments from the majority leader, but after about four months, i realized he was just taking my pulse to see how i was doing, to see if i was ok. and one day i walked onto the senate floor to go to my meeting, and a guy named jesse helms was excoriating a good friend of mine, republican bob dole, who is still my close friend, as well as teddy kennedy. because they were writing a thing called the americans with disabilities act. [cheers and applause] v.p. biden: and i was angry. and fortunately, because i had to go to this meeting, it was in may, with the leader, i did not stop and say something imprudent, seeking the floor. i walked into mansfield's office, this is the point of the story.
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i walked into his office and i guess i looked like i was very angry, and he said, "what is the matter, joe?" i unloaded on jesse helms. i said, he has no social redeeming value. he does not care about the disabled, and on and on. he took his unlit corncob pipe out of his mouth and said, "what would you say if i told you that in christmas of 1969" -- this was 1973 -- "jesse and dot helms were in their living room reading "the raleigh observer" up in raleigh, north carolina, and there was an advertisement for a young man with braces up to his hips and with steel crutches, saying, all i want for christmas is somebody to love me and take me home?" he said, "what would you say if i told you that jesse adopted that man as his own son?" i said, "i would feel like a fool." he said, well, he did.
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he said, joe, it is always appropriate to question another man's judgment. it is never appropriate to question his motive, because you don't know the motive. what is happening today in washington is all about motive. if you disagree, you are a bad person. you are immoral, this or that. jason gets it. he gets what this country is about. we have gone from crisis to recovery to resurgence. now it is time to restore the middle class. it is the single most significant responsibility we have as a nation. [applause] v.p. biden: but look, i know when you read the press, they call me "middle class joe." that is not a compliment in washington. no, i am serious. that means i am not sophisticated. but i am pretty darn sophisticated about how we become who we are.
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it is because the thing that has held this country together, not just economically, but socially and politically, has been a rising middle class. whenever there is a crisis anywhere else in the world, including in democratic countries, there has been chaos. but not here, because it promises existed here that if you do well, if you play by the rules, there is a basic bargain. if you help the enterprise you work for do well, then you do well. well, that bargain has been broken. it has been broken. and ladies and gentlemen, in the process, not only did jason get that the middle class has been hammered. he gets it is not just our economic standing, but our dignity. my dad had a saying, ever since we moved from scranton, pennsylvania when there was no work down to claymont, delaware.
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every time it came up about a job he would say, joe, remember, a job is about a lot more than a paycheck. it is about your dignity, your self-respect, about being able to hold your head high. it is about your place in your community. he has seen too many people, and so has jason and so have you, here in missouri, stripped of their jobs and dignity through no fault of their own. let me define what jason and i mean by middle class. it's about being able to send your kids to a park, and knowing they will be safe. it is about being able to send your kid to a local high school and if they do well, they will get into college and if they do well in college, he will figure out how in god's name to get them there. [cheers and applause] v.p. biden: but it is also about the community.
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i was a pretty good athlete in high school and college. i had scholarships to go and play ball. there was one school i wanted to go to. it only gave grants. it did not give scholarships. it was a small school in new england, but it cost a lot of money. aid,gave me a grant and but i still could not make it. my dad was trying to figure out how to get me there. my dad ran an automobile agency. he did not own it, he ran it. one thing good about having your dad run an automobile agency if you always have got a new car for the prom. [laughter] v.p. biden: in mid-may after a baseball game we had in little town called claymont, i drove 20 miles down to the dealership. i had my uniform on, my spikes off, i had my 1951 plymouth i bought. $75. it had beach towels for seats. i got out of the car and ran into the showroom and said,
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mary, where is dad? he said, out in the lane going into the shop, sunny. my dad was a graceful man. i walked out this two story. he was pacing back-and-forth. he looked up and saw me and said, joey, i'm so sorry. i am so sorry. this was before cell phones. i thought maybe something had happened to my mom or sister or my two brothers. he said, honey, i went to the bank today to borrow money to get you to school. they won't lend me the money, honey. i am so damn ashamed, joey. i am so ashamed, and joey. not only was there no way for me to borrow money at a reasonable rate to get to school, my father's dignity was stripped from him because he looked at a kid who he thought could go to this very competitive school and there was no way he could get him there. there is nothing worse for a parent than looking at their child with a health problem or an opportunity, knowing they can't help. jason and i grow up 1000 miles
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apart and decades apart, but we grew up in the same neighborhood. we were taught the same values. in scranton, people worked hard. we went to school in a steel town, and watched the industry die. but i watched my neighbors with a grim determination get up off their backs and fight. and in my neighborhood, you were taught that anything was possible. it could become anything you wanted. what bothers me most about some of the people in politics today is they think the only people who are well-educated have money, have dreams. in my neighborhood, we had the same dreams that any wealthy kid did in any other neighborhood. [cheers and applause] vice president biden: i was taught like jason that i am every man's equal and i am not
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superior to every man or woman, but i am every man's equal. and maybe most important, my dad's mantra was, everybody is entitled to be treated with dignity, the same pride and respect. look, i might add, my dad, my dad used to say, i don't expect the government to solve my problems, but god, i expect them to understand my problems. just to understand my problems. i am not looking for a handout. i just want you to understand what it is and give me a fair shake. ladies and gentlemen, the fact of the matter is that jason's opponent, and a lot of people i
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work with in washington, don't understand what a fair shake means. look, does anybody out there think that this generation of young people can make it on 12 years of education in the 21st century? what do you think? guys, look. i did this study for the president. what are the jobs of the future? right now, six out of 10 jobs require something more than a high school degree. the same guy or woman who worked manually, that same guy who threw coal into a furnace to make steel as the full capacity to be able to understand photovoltaic technology, work with a machine that builds full -- that builds solar panels, but they need a little help. they need to be retrained. [cheers and applause] vp biden: but the other team does not think that is something government should do. that is not something government
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showed do. they kind of think that maybe, the neighborhood i come from we are not capable. but you listen to jason's opponent, all of a sudden, guess what? they are all for the middle class now. isn't it amazing? isn't it amazing as we say like you do, boy, is that an altar call. they have seen the lord. it is amazing. it is amazing. they are all for education now. they are all for opportunity, for child care for women who have to go out and work. they are for all these things we have been talking about. they say they value them. my dad has another expression. there is so much to say and i don't want to keep you. when somebody would come up to my dad and say, joe, let me tell you what i value. he would say, don't tell me what you value. show me your budget and i will tell you what you value. show me your budget and i will tell you what you value. [applause]
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vp biden: so, let's take a look at the other team's budget. they cut and they voted on this on six occasions in the house. and passed. they cut education by $6.7 billion a year. we didn't let that happen. we have the highest graduation rates in the history of america now. more hispanics, more blacks graduated from schools. [cheers and applause] vp biden: they wanted to cut tell grants. that is a fancy word for saying, any kid who makes less than $50,000 a year can get a cal
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-- pell grant. it has but 9 million kids in college. [applause] cutiden: the budget medicaid by him must $1 billion. calls for social security to be privatized. well wall street did with other peoples money. give them all the money from the social security fund, guess what is going to happen? that's what it is. by the way, medicare. medicare. they have a fancy word. it is called voucherizing it. that means you get a hell of a lot less. tell that to your mom or dad who got the pension taken away from them. who are living on nothing but medicare and social security. look, folks, jason knows, he knows, what real people are concerned about.
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let me and with one example of what we need to do. let's go back to education for a minute. folks, i love my republican colleagues in particular. some democrats. who talk about, we are all for productivity and growth, right? that is what we are for. we are not those big spending democrats. we are for productivity and growth. well, ladies and gentlemen, what do you think we have? a collective senate amnesia as to how the hell we got where we got? because of the budgets they passed. [applause] vp biden: as we say in my old neighborhood, they are full of malarkey. here is the deal. let me give you another example. when ronald reagan was president, there were a total of about $800 billion in tax loopholes, ok? some good. there are some reasons for tax
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loopholes. they call them tactics managers. -- tax expenditures. there are reasons for them. one, to promote a social good, to get people to be able to own their homes. that is why in your first time homebuying, you are allowed to deduct your interest rate on your mortgage. to encourage people. it gives you stability. they never say anything about the second, third, and fourth home. two, it is designed to get you to take a chance. you have a great idea and you are willing to risk it all. it generates when you do it, a great social good. a grows the economy. you should pay less taxes. we should encourage you to take risks. but ladies and gentlemen, now you know how much a year is not collected because of tax loopholes, $1,300,000,000,000. find me a single economist in the world that can justify that any more than 600 billion of
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that to $700 billion of that generates economic growth. so, when jason and i come along and say 12 years is not enough, if we had every community college student able to go to community college free, assuming average anda b assuming college and all their credits were transferable to a university, that would increase growth by 0.2% a year. that is over $1 trillion in 10 years. growth in the economy. we would go from 6 million students to 9 million students and community colleges. ask any single democrat or republican or executive, what is the one thing they say they need most? a better educated public. guess what? i can give them that.
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it costs a lot of money. $6 million a year to make sure everybody could go to community college for free if they keep a b average. that is a lot of money. there go those democrats again. remember i told you about that $1.3 trillion in tax loopholes? if you just eliminated one, and by the way -- i am one of those guys who think which folks are just as patriotic as poor folks. just as decent as poor folks. i do not buy this argument that just because you're a wealthy sometimes you are not as good. i reject that. loophole,minate one it is called stepped up basis. if you go back on google with my financial disclosure, you will find the first time i did my financial disclosure as vice president, the "washington post," said, it is probable that no man has ever us in the office -- the office of vice president with fewer assets than joe biden.
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[laughter] vp biden: that is not good. my family was not crazy about that. i said i would immediately disinvest of any bank or enterprise and i would never own stock or bonds for fear of a conflict of interest. unfortunately for my family, i have kept my promise all of these in years. but here is the deal, guys. [cheers and applause] v.p. biden: i did not know what stepped up basis is. here is what it is -- if somebody goes out and has the wherewithal to purchase $1 million worth of stock, five years later it accrues to $2 million and they are going to sell it, they have to pay a capital gain which is less than their tax rate on that $1 million gain. but if god forbid, you are hit by a truck and pass away and it gets left to the child, and they
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sell at the very next day, they pay no tax whatsoever. now, they make up .4% of the taxpayers. they are already very wealthy. the last thing they need is another made up tax break beyond the one their parent had. but you know how much that costs the treasury every year? $17 billion every year is not collected that otherwise should have been collected. i ask you, in terms of productivity and growth, fairness and equity, is it better to put 9 million kids in community college for free, cutting in half their four four years of education, or give another $17 billion tax cut. i can pay for every single, solitary kid in school and eliminate $11 billion from the debt. [cheers and applause]
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v.p. biden: i mean, i might be a lot older, man -- but we are the same. the same state of mind here. folks, all we want is just a little bit of fairness. just an even shot. let me conclude by saying that, you know, when i was that 29-year-old kid, everybody talked about me as the idealistic, young senator who was so optimistic. i can say, i give you my word as a biden, i am more optimistic today about america's chances than i ever have been in my whole life. ladies and gentlemen, remember some of you older folks out there remember back in the late 1980's when japan was going to eat our lunch and own america. i remember going to the vault at the wharton school of
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pennsylvania, university of pennsylvania and debating someone from one of the conservative think tanks, and saying there was no possibility of that happening. anybody worried about japan right now? ladies and gentlemen, then we heard about how the european union, 384 million people, with a juggernaut of economic power, was going to eat our lunch. ladies and gentlemen, raise your hand if you are worried the competition is from the eu? i want them both to do better because we need the world economy to grow. and now you hear from these guys about how china is going to own us. ladies and gentlemen, china does not have enough energy, or enough water. they have a $2 trillion project to turn around the two major rivers to flow on the plain to
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provide water for the vast provide water for the vast majority of their population. they have real problems. we want them to grow for stability. but ladies and gentlemen, as i say, the rest of the world is not a patch on our jeans in terms of our economic capability. name me a product that has revolutionized the world. name me a new technology that was not made in america. name me on. [cheers and applause] v.p. biden: folks, it is time we lift our heads up, understand who we are. americans never bend. we never bow. we never break. we are resilient. we always get up. we never fail. that is who we are. that is what we do. that is what he understands. ladies and gentlemen, let's get up. it is time to take back this country. god bless you all, and may god protect our troops. go get them!
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[cheers and applause] ♪
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announcer: c-span, where history unfolds daily. 1979, c-span was created as a public service by america's cable television companies and is brought to you today by your cable or satellite provider. >> here on c-span this morning, washington journal is next. at 10:00, a look at how the latest cancer treatment creates new treatment >> coming up on today's "washington journal," paul butler talks about the investigation into hillary clinton semo server and the fbi directors of james comey. and then patrick merrick on political advertising and how does evolved to the years.
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later, the role of north carolina as a battleground state read we will be joined by jason roberts, an associate professor at the university of north carolina at chapel hill. ♪ host: good morning. it is tuesday, november 1, 2016. after nearly 600 day campaign, one week from election day. stories about hillary clinton's e-mail and donald trump are dominating the airwaves and leaving the lead in front pages. plenty of news about house seats and senate seats that will be voted on next week. some democrats are hopeful that the democratic wave could give them control of the house. we will spend our first 45 minutes talking about which party you think should control congress


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