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Neal Asbury began his nationally syndicated “Neal Asbury’s Made in America” show on Radio America by warning that intellectual property theft costs America billions of dollars and millions of jobs. “IP theft hurts everyone,” said Neal Asbury.
Joining the show as a first time guest was Republican Congressman, Tim Griffin, representing Arkansas’ 2nd district.
“IP theft is a jobs issue and an economic issue for the U.S. Billions of dollars are lost through computer fraud, mostly by China and Russia, who turn a blind eye to IP theft. We need to shut down websites that are selling knock-off merchandise, and we have to have an administration that takes IP theft seriously; and that includes holding countries accountable when negotiating with them,” said Griffin.
Neal agreed, adding that China steals $200 billion a year in intellectual property. Co-host Dr. Rich Roffman added that Latin America has also increased its participation in IP theft.
“One of the ways to control IP theft is for the U.S. to ratify more Free Trade Agreements, where due process of law is available. Obama is taking credit for the signing of the free trade agreements with Panama, Colombia and South Korea, but those FTAs were started under George Bush,” added Dr. Roffman.
“Obama made all these promises of doubling trade, but that turned out to be nothing more than a campaign issue. If we had a trade policy that worked we could add 6-7 million new jobs. But we are falling behind our global competitors,” said Asbury.
Dr. Roffman chided President Obama for comparing himself to FDR. Ironically FDR was opposed to the exact type of socialist programs that Obama embraces.
Neal agreed: “FDR warned about the peril of dependence on subsidies and handouts. It acts like a narcotic, lulling people to stop trying. It takes away their human dignity.”
Joining the show was first time guest Scott Pruitt, Oklahoma’s Attorney General, who is bringing suit against Dodd-Frank, along with other Republicans.
“Dodd-Frank threatens community banks. There once were 12,000 community banks. Now there are 7,000. And the worst part is that they are being consolidated so that power can rest in Washington D.C.,” said Pruitt.
Pruitt pointed to Tim Geithner, treasury secretary, for amassing this power, which gives him the authority to seize financial institutions with only 24-hour notice.
“This is not consistent with the Constitution. Seizing banks like this is unprecedented. There is no due process; no separation of powers,” said Pruitt, adding that with the disappearance of small banks, small business have no access to credit.
Made in America’s final guest was David Almasi, executive director of the National Center for Public Policy Research. Almasi reported on his attendance at the annual meeting of FedEx, which is locked in a battle with left wing radicals over attacks on the American Legislative Exchange Council (ALEC), which works to advance the fundamental principles of free-market enterprise, limited government, and federalism at the state level. ALEC is being accused of being racist for registering voters.
“Fred Smith (FedEx CEO) gets it. He realizes that FedEx can support a multi-faceted group such as ALEC for one reason and not be bullied out of that support for a completely different reason,” said Almasi, adding that “Fred Smith and FedEx acknowledged that there are businesses willing to support the creation and the free-flow of ideas that won’t be intimidated by the hard-nosed tactics of left-wing political operatives.”
Once again, Asbury and co-host Dr. Rich Roffman introduced their weekly “Cronyism Report,” an ongoing look at how federal funding payouts are wasting taxpayer dollars.
Dr. Roffman was delighted to reference again the Solyndra debacle. “If you thought Solyndra was the last alternative energy company to get a big handout from Steven Chu and the DOE, then you haven’t met Solo Power, which received a $179 million loan guarantee. In fact, it’s being called Solyndra II.”
“Why aren’t people talking about how our taxpayer money is being wasted through cronyism?” asked Asbury.
Each week Neal Asbury’s Made in America provides Neal’s insights into the week’s top news stories and their impact on the worlds of entrepreneurship, small business ownership and the overall economy. Neal’s analysis, together with co-host Dr. Richard Roffman, a veteran 30-year publisher with extensive domestic and international experience, takes a non-biased approach based on real life experience in business as an American manufacturer and exporter. Made in America airs nationally each Saturday from 7-8:00 PM on Radio America. Link to Made in America at http://www.nealasbrysmadeinamerica.com.
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