Fw: VPOTUS pool report #6

From: Demirjian, Karoun [mailto:xxx@email.com]
Sent: Monday, September 07, 2015 01:25 PM
To: Spector, Stephen I. EOP; Goodman, Meghan K. EOP
Subject: VPOTUS pool report #6

Event in the lobby of the United Steelworkers union building -- the international headquarters -- started at 12:50pm. Maybe about 150-200 ppl were there.

Leo Gerard, head of USW, was the first to speak, introducing Biden:
"I have a tremendous amount of pride int he relationship our union has with president barack obama and his administration. Much of that relationship relies on our relationship with vice president Joe Biden."

He called Biden: "A friend of the workers, a friend of our union, and a personal friend."

* * *

VPOTUS started speaking at 12:54pm. He sounded hoarse. Don't think this one is going to be broadcast, so I'm just going to give you all the snippets I typed down. Three bigger highlights at the top, and then a lot more follows:

Highlight #1, at the very end of the speech:
Man's voice: "Run for president!"

Biden answer: "No I'm not -- I gotta talk to my wife about that."
"I don't want to lose your friendship."

* * *

Highlight #2, Joe's two-part "plan", plus a shout-out to Bernie Sanders. (No, Hillary Clinton got no shout-outs.)

1. infrastructure.
"We are over $3 trillion behind the curve in infrastructure. Imagine if Republicans
how many more jobs…there's billions of dollars to be made from that."

"In order to keep companies here and growing you need the most modern infrastructure in the world."

"The jobs that went are a lot of braun. the jobs coming back require cognitive capability."
(Spoke about IT workers, plumbers, nurses.)

(2. educate the new workforce.)
"But we're not making it available for people….the reason why is our republican friends say we can't afford it.
We can send every single kid qualified to go to community college for free, and cut the deficit by $4 billion. So here's my plan: there's $600b in these so-called tax breaks that have absolutely no productive value."

(Biden's voice got much stronger during that part. And here, a woman's voice interrupted with "Run for president!")

"So we should eliminate those tax breaks. And by the way, this isn't joe biden, pro-labor, liberal democrat talking like this…or competing with bernie sanders -- who's doing a hell of a job by the way."

* * *

Highlight #3:

Spoke of "significant social turmoil" in Europe …"we haven't had any of that because there's been this notion of the american dream"

"That bargain has been broken, I'm not going to give you all the statistics, you know it -- you feel it in your gut, you taste it you smell it."

"How many people you know woke up in that recession one morning, never having been late for work…never having missed a mortgage payment. They woke up one day and found they lost their home…and all of a sudden the bottom fell out from them."

"In this recession we got clobbered, all america got clobbered. Without that basic bargain, there's this system of we'll give up as little as possible in return."

* * *

And here's everything.

"Ladies and gentlemen the last thing you need is a long speech. I just want to say a boulle of things -- thank you, and I mean that sincerely. And I don't mean getting me elected to the senate seven times as as vice president. Thank you for what you do for everyone I grew up with, thank you for what you did to my family."

"Without you I not only would have been standing here, but without you I would not have gotten the education I did, i would not have gotten out of the neighborhood."

"You know in DC I'm known as middle class Joe, and in DC they say it not as a compliment…even though I get paid a gigantic salary now."

"Folks, the reason I'm always talking about you all, the reason I'm always talking about the middle class is one thing people don't focus on, they don't focus on but for the fact that we've had a growing and expanding middle class for the last 100 years, we wouldn't have had the political and social stailiby we have in this country."

Spoke of "significant social turmoil" in Europe …"we haven't had any of that because there's been this notion of the american dream"

"That bargain has been broken, I'm not going to give you all the statistics, you know it -- you feel it in your gut, you taste it you smell it."

"How many people you know woke up in that recession one morning, never having been late for work…never having missed a mortgage payment. They woke up one day and found they lost their home…and all of a sudden the bottom fell out from them."

"In this recession we got clobbered, all america got clobbered. Without that basic bargain, there's this system of we'll give up as little as possible in return."

"The way the system's built, they look out for their stockholders more than they look out for you."
"American corporations made $4.7trillion"

"For the first time, they took 54% of it and they bought back their own stock…less stock, the stock that's left is more valuable. Why'd they do that? Because they get paid in stock. They're CEOs, they now get paid in stock."

"The system's broken guys, the system's broken, and it didn't happen overnight. You guys have a proud, proud history in this state and in this city."

"There are two very very powerful entities out there that are making it clear they don't want American labor to be a bargaining agent for American workers."

"I got in trouble back in 1997 speaking to American workers, when I said the national chamber of commerce has declared war on labor sales."

"Guess what -- they've been incredibly successful."

"Did you ever think you'd live to see the day to have Ohio as a right-to-work state?…Look what's happening. It didn't happen nationally, it happened locally. And all that right to work is is the right to pay you less."

"The fact is that we know how to fix this, we know how to restore this bargain. It's not that complicated -- it's really hard, but it's not that complicated."

"The first thing you gotta do is you gotta make sure we begin to focus on the things that matter."

"They'll tell you it's globalization...that's a lot of malarkey."
"Two things have taken place. They changed the tax code…and all those things that matter to ordinary people, they got cut."

"When Reagan was elected, a CEO made roughly 25x as much as the average worker in the company. And when Reagan was president the top 1% of the american workers, i won't call them workers, the top 1% of america, made 9 percent of all the income"

"now they control 40% of all the wealth in america. And not -- it's because all these things incrementally got chagned."

"Why is it if you go out there and invest your money, you pay so much less than people who earn their money with the sweat of the brow? I'm saying this to be realistic about what we have to do."

Biden called for changing the tax code to benefit the worker over the investor. "You're the reason they had protection. And as you've lost your bargaining power, they've lost ground, and they're starting to figure it out."

"Here's the deal: We have gone, we inherited the worst recession short of the depression in all of american history, the only one worse is actually the depression. we made some very difficult calls, we brought back the auto industry…we made a lot of mistakes along the way as well. But now we've gone from crisis to recovery, and we're on the way to resurgence in America."

"our workers are three times as productive as their workers. They don't only not have enough energy, they don't have enough water..it's a couple trillion dollars to make sure they have enough water for their country."

"The European union, we want em to do well, but they're not even close."

Biden cited the Boston Consulting Group survey of companies in China, that say 54% of american companies investing in china plan on coming home.

"Insourcing won't matter much for us if you don't get paid a decent wage."

"Here's the deal: We'd better make darn well sure that as they're coming home we do the two things:"

...
1. infrastructure. "We are over $3 trillion behind the curve in infrastructure. Imagine if Republicans
how many more jobs…there's billions of dollars to be made from that."

"In order to keep companies here and growing you need the most modern infrastructure in the world."

"The jobs that went are a lot of braun. the jobs coming back require cognitive capability."
(Spoke about IT workers, plumbers, nurses.)

(2. educate the new workforce.)
"But we're not making it available for people….the reason why is our republican friends say we can't afford it.
We can send every single kid qualified to go to community college for free, and cut the deficit by $4 billion. So here's my plan: there's $600b in these so-called tax breaks that have absolutely no productive value."

(Biden's voice got much stronger during that part. And here, a woman's voice interrupted with "Run for president!")

"So we should eliminate those tax breaks. And by the way, this isn't joe biden, pro-labor, liberal democrat talking like this…or competing with bernie sanders -- whose doing a hell of a job by the way."

"Standard and Poor's you know what they say is the biggest threat to our nation? The concentration of wealth. The IMF…the biggest threat to growth is concentration of wealth."

"it's really not hyperbole to say it's good for America. And here's what we gotta do, we gotta stand up on our hind legs and start to holler for it. Holler more loudly than we have, be willing to take on these groups. They call you an interest group. Gime a break. So folks, I am optimistic, I am optimistic about the chances of this country, but I am only optimistic in proportion to your willingness to break your necks and bargain for them.

Man's voice: "Run for president!"

Biden answer: "No I'm not -- I gotta talk to my wife about that."
"I don't want to lose your friendship."

End comments at 1:18pm.

*************************************
Karoun Demirjian
The Washington Post
xxx@email.com
office: +xxx-xxx-xxxx
cell (better): +xxx-xxx-xxxx
Twitter: @karoun
Skype: karound

Show Comments