2012 Democratic National Convention speeches: on Corporations


Barack Obama: End tax breaks to corporations that ship jobs overseas

After a decade of decline, this country created half a million manufacturing jobs. And now you have a choice: we can give more tax breaks to corporations that ship jobs overseas, or we can start rewarding companies that open new plants and train new workers and create new jobs here. We can help big factories and small businesses double their exports, and if we choose this path, we can create a million new manufacturing jobs in the next four years. You can make that happen. You can choose that future
Source: 2012 Democratic National Convention speech Sep 6, 2012

Joe Biden: Auto bailout saved a million American jobs

Barack saved more than 1 million American jobs. In our first days in office, GM and Chrysler were on the verge of liquidation.

We listened to Senators, Congressmen, advisors--we shouldn't step in, the risks were too high, the outcome too uncertain. But the President didn't see it their way. He understood something they didn't: this wasn't just about cars. It was about the Americans who built those cars.

In those meetings, I often thought about my dad. My dad was an automobile man. He would have been one of those guys selling American cars to the American people. I thought about what this crisis would have meant for the mechanics, the secretaries, the sales people who he managed. And I know for certain, that if my dad were here today, he would be fighting for this President, who fought to save all those jobs, his job, and the jobs of all the people he cared about. He would respect Barack Obama for having the guts to stand up for the automobile industry, when others walked away.

Source: 2012 Democratic National Convention speech Sep 6, 2012

Bill Clinton: Republicans cut taxes for the rich & deregulate banks

[The Republicans] convinced me they were honorable people who believe what they've said and they're going to keep every commitment they've made. We've just got to make sure the American people know what those commitments are.

They want to cut taxes for high-income Americans even more than President Bush did. They want to get rid of those pesky financial regulations designed to prevent another crash and prohibit federal bailouts. They want to actually increase defense spending over a decade $2 trillion more than the Pentagon has requested, without saying what they'll spend it on. And they want to make enormous cuts in the rest of budget, especially programs that help the middle class and poor children.

I like the argument for President Obama's re-election a lot better: He inherited a deeply damaged economy. He put a floor under the crash. He began the long, hard road to recovery and laid the foundation for a modern, more well-balanced economy.

Source: 2012 Democratic National Convention speech Sep 5, 2012

Elizabeth Warren: People feel like the system is rigged, because it is

People feel like the system is rigged against them. And here's the painful part: they're right. The system is rigged. Look around. Oil companies guzzle down billions in subsidies. Billionaires pay lower tax rates than their secretaries. Wall Street CEOs--the same ones who wrecked our economy and destroyed millions of jobs--still strut around Congress, no shame, demanding favors, and acting like we should thank them.

Anyone here have a problem with that? Well I do.

Source: 2012 Democratic National Convention speech Sep 5, 2012

Elizabeth Warren: Government regulation makes capitalism work

We started to take children out of factories and put them in schools. We began to give meaning to the word consumer protection by making food and medicine safe, and we gave the little guys a better chance to compete by preventing the big guys from rigging the markets. We turned adversity into progress because that's what we do.

No, corporations are not people. People have hearts. They have kids. They get jobs. They get sick. They cry, they dance. They live, they love, and they die, and that matters. That matters because we do not run this country for corporations. We run it for people.

Source: Speech at 2012 Democratic National Convention Sep 5, 2012

Kamala Harris: Same rules must apply to everyone, including the wealthy

Millions of Americans know that feeling of walking through the front door of their own home for the first time--the feeling of reaching for opportunity and finding it. That's the choice in this election. It's a choice between an America where opportunity is open to everyone, where everyone plays by the same set of rules, or a philosophy that tilts the playing field to help the wealthiest few. A choice between holding Wall Street accountable or letting it write its own rules.
Source: Speech at 2012 Democratic National Convention Sep 5, 2012

Cory Booker: Predatory lending & unchecked avarice destabilized economy

American economic might [stands] strong on the bedrock of the American ideal: a strong, empowered and ever-growing middle class. Our platform emphasizes that a vibrant, free and fair market is essential to economic growth.

We also must pull from our highest ideals of justice and protect against those ills that destabilized our economy--like predatory lending, over-leveraged financial institutions and the unchecked avarice of the past that trumped fairness and common sense.

Source: 2012 Democratic National Convention speech Sep 4, 2012

Ted Strickland: Auto industry slogging back, but we've got a long way to go

The auto industry supports one of every eight jobs in Ohio, and it's alive and growing in America again. Late last year, Chrysler announced they were hiring 1,100 new autoworkers in Toledo. Just last month, GM announced a plan to invest $200 million in Lordstown, keeping 5,000 jobs in Ohio and building the next generation of the Chevy Cruze--a car we are proud to say is made entirely in Ohio.

It's been a long slog back, and we've still got a long way to go. But all over Ohio--all over America--men and women are going back to work with the pride of building something stamped "Made in America." Before Barack Obama took office, it looked like that pride could have vanished forever, but today, from the staggering depths of the Great Recession, the nation has had 29 straight months of job growth.

Mitt Romney proudly wrote an op-ed entitled, "Let Detroit Go Bankrupt." If he had had his way, devastation would have cascaded from Michigan to Ohio and across the nation.

Source: 2012 Democratic National Convention speech Sep 4, 2012

Tim Kaine: Auto industry is back; manufacturers are hiring again

Democrats fought for the middle class. We cut taxes for 95 percent of American families. We went from 25 months of job losses to 29 straight months of private-sector job growth. The auto industry is back. Manufacturers are hiring again, but we've got to do more. And there's a real choice.
Source: 2012 Democratic National Convention speech Sep 4, 2012

  • The above quotations are from Speeches at the 2012 Democratic National Convention in Charlotte NC, Sept. 4-6, 2012.
  • Click here for definitions & background information on Corporations.
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  • Click here for more quotes by Barack Obama on Corporations.
  • Click here for more quotes by Joe Biden on Corporations.
2020 Presidential contenders on Corporations:
  Republicans:
Gov.John Kasich(OH)
V.P.Mike Pence(IN)
Gov.Mark Sanford (R-SC)
Pres.Donald Trump(NY)
Gov.Bill Weld(MA)
Democrats:
Sen.Michael Bennet (D-CO)
V.P.Joe Biden (D-DE)
Gov.Steve Bullock (D-MT)
Mayor Pete Buttigieg (D-IN)
Sen.Cory Booker (D-NJ)
Secy.Julian Castro (D-TX)
Mayor Bill de Blasio (D-NYC)
Rep.John Delaney (D-MD)
Rep.Tulsi Gabbard (D-HI)
Sen.Kirsten Gillibrand (D-NY)
Sen.Mike Gravel (D-AK)
Sen.Kamala Harris (D-CA)
Gov.John Hickenlooper (D-CO)
Gov.Larry Hogan (D-MD)
Gov.Jay Inslee (D-WA)
Sen.Amy Klobuchar (D-MN)
Mayor Wayne Messam (D-FL)
Rep.Seth Moulton (D-MA)
Rep.Beto O`Rourke (D-TX)
Rep.Tim Ryan (D-CA)
Sen.Bernie Sanders (I-VT)
Adm.Joe Sestak (D-PA)
CEO Tom Steyer (D-CA)
Rep.Eric Swalwell (D-CA)
Sen.Elizabeth Warren (D-MA)
Marianne Williamson (D-CA)
CEO Andrew Yang (D-NY)

2020 Third Party Candidates:
Rep.Justin Amash (L-MI)
Howie Hawkins (G-NY)
Gov.Gary Johnson(L-NM)
V.P.Mike Pence (R-IN)
Howard Schultz(I-WA)
V.C.Arvin Vohra (L-MD)
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Page last updated: Jul 18, 2019