Corporate Stock Buyback is Lunacy!

Wieczorek Takes Aim At Economy In Campaign Run

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  • Jul 16, 2018 Updated Jul 17, 2018
Wieczorek Takes Aim At Economy In Campaign Run
Mount Vernon’s Ron Wieczorek, who is making an independent run for the U.S. House, spoke with reporters Monday during a stop in Yankton.

Above all else, Ron Wieczorek says he wants his grandchildren to have the best future possible available to them. This desire has played a large role in the Mount Vernon man’s decision to make an independent run for Congress again, making this his third attempt. He previously ran for Congress in 1994 and 1998.

A Lyndon LaRouche Democrat, Wieczorek is running on the Independent ticket.

“I’m a Democrat in the tradition of Franklin D. Roosevelt and John F. Kennedy, and a Republican in the tradition of Abraham Lincoln, Andrew Garfield and William McKinley,” he told the Press & Dakotan Monday.

He is also an admirer of one-time South Dakota governor and three-term senator Peter Norbeck, who is known for his work investigating Wall Street after the crash of 1929.

“We need more of that mentality again,” Wieczorek remarked.

He said the need for this stems from the state the economy is currently in.

“Every segment of (the economy) looks like it’s faltering,” he said. “I don’t care whether you talk about student loan debt, car debt or home mortgages, the corporate debt is totally out of control. We’ve got corporations borrowing money to buy their own stock to drive the market up. That’s a lunacy that shouldn’t be permitted to happen.”

He isn’t critical of President Trump’s recent tariffs, noting that “25 years of free trade has brought the American manufacturers to its knees.”

“It’s coming to an end because you can see the decline in prices,” he said. “The farmers didn’t seem to care too much when the $30-$40 an hour labor left the country that was paying the income taxes that built our infrastructure and maintained our roads. Today, they follow the concepts and ideas of British free trade, sending the production to the least-cost areas of the world. How do you build a trade system based on looting your customer?

 “This country was built on tariffs and duties. We didn’t have a federal reserve or income tax till the early 1900s. That’s when we did away with the parity system, except for that period under Roosevelt and Kennedy, which gave the government a source of income and maintained a cost production system in this country where our manufacturers and people could make a living.

“When you’ve got a system where somebody has to lose so somebody can win, that’s not a very good system. You need a win-win system.”

Instead of alienating people, Wieczorek seeks to establish friendly relations with other nations in an effort to prevent any potential conflicts down the road. He practiced this in the early 1990s when he organized shipments of milk powder to Baghdad.

“That’s the kind of policies we need,” he said. “I didn’t want those young kids there to be the enemies of my grandchildren.”

Its repeal in 1999 has had disastrous consequences that led to the Great Recession in 2008-2009, he said.

“Today, we have international bankers telling our government what to do,” he said. “They’re not representatives of the people. The representatives are supposed to be guys like me who are going to Washington. That has to happen, or we will lose our country, and my grandchildren deserve a future.”

Looking at history should be the most important step in avoiding mistakes for the future, he added.

“If you don’t know 3,000 years of history, and don’t know where you come from, you don’t have a clue where you’re going,” he said.

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