CW 554 - As Oil Price Drops Fracking Folds, Capitalism or Cronyism with 2016 Presidential Candidate Mark Everson

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Welcome to the Creating Wealth Show. This is episode number 554. Thank you so much for joining me today on episode 554. Our guest today is Mark Everson, presidential candidate, former CEO of the American Red Cross and former. You're going to love this IRS commissioner.

Wow.

I don't know that he would ever be a too, too popular of a presidential candidate being the IRS commissioner, but I don't know, maybe he was a really lax laissez faire type or maybe he was like a, you know, nail these taxpayers type. Who knows? But we'll see what he has to say in a few minutes. But first, for our intro portion of the show, I've got Naresh with me. And Naresh has not been on the show before, I don't think, but he's the guy who actually launched Porter Stansberry's podc and he's been working with me for a few years now and we appreciate his help in booking guests and coordinating the show. Kind of behind the scenes work. It's great to have him here today to be the Aaron Brabham of the show, but he'll be a better one than Aaron, I'm sure. Naresh, welcome.

Thanks so much, Jason. Thanks for that intro. And I actually, I think I was on your show maybe two years ago. It was, it was a while ago and we made some interesting predictions.

We did. Okay, okay. Sorry, I don't remember that. But so you know, it's interesting. I mean, Porter Stansberry's podcast when he was doing it, now he doesn't do it anymore. He just does a for sale podcast, not a free one. And he always complained about how he wasn't getting paid to do the Podcast. And I'm thinking, Porter, the whole point is you're getting all these newsletter subscribers and people buying all your products. You know, what are you complaining about? But you started his podcast. Tell us about that. How long ago was that?

So that was about four years ago, in the fall of 2011. It was right after the End of America Infomercial, which I'm sure many of your listeners and. And you have watched before. It was pretty much right after that, Porter realized that people actually wanted to listen to him. Not just read his stuff, but listen to what he wanted to say. And they. So as a result, he wanted to launch a radio show, because podcasting back then was still kind of new. Not a lot of people listened to it, and he didn't know much about it. So they contacted me, found me online, actually got in touch, asked me if I could help with the production and promotion of the radio show. Radio didn't work out. We switched to podcast, and six months after we launched that podcast, he was getting a ton of listeners, and he was actually making a very good amount of money. So it's funny, Porter says that he wasn't making any money, but the actual podcasting network itself was making a really good amount of money. We. We launched that. I moved up to Baltimore. I was living in North Carolina at the time. Moved up to Baltimore to manage that project.

Now, let me ask you a question before you go on. So you went to Duke University. So you were in Raleigh, Durham, North Carolina, right?

Yep, I was in Raleigh, Durham, North Carolina. It used to be one of my favorite areas.

Did you go to Duke for your undergrad and your master's degree?

No, it was just for graduate school.

Just for grad school. Where'd you go undergrad?

Undergrad? I went. I was in upstate New York at Syracuse University. Oh, Syracuse.

Syracuse. Okay. Another good school. So what were your two degrees in? I'm curious. I mean, I'm not curious, actually. Sorry. I'm not curious. I just want the listeners to know. I should rephrase that.

Yeah, yeah. So my. My master's degree, that was. I went to Duke's business school. So my focus was on general management and. And then undergrad. I actually had three different majors. I was kind of. I just loved to learn and take classes. So my majors were broadcast and digital journalism, finance and accounting. So my background is heavily in media and in business and finance.

Yeah, well, that's a pretty good mix for today's world, I think. So. So, anyway. So you moved from Raleigh, Durham, North Carolina. You moved from Duke and you went up to live in Baltimore. Yuck.

Yeah, it was, it was an experience, let's put it that way. I was there for almost three years.

And by the way, sorry, Baltimore listeners, you probably already know this, that it's not the greatest place. Of course there are nice areas in any place, but you know, that's where Agora Financial is. I mean a lot of, I mean they're dispersed, but a lot of Agora Financials there. And so that's where Porter Stansberry is. And yeah, anyway. Okay, go ahead.

Yeah, Baltimore. I don't know if you do any, if you've ever looked into real estate.

There, but I have extensively. I'll tell the listeners about that sometime. But yeah, go ahead.

Well, it's interesting because it's a very dilapidated city. It's kind of dark and dreary. There's a really clear disconnect between the haves and the have nots. Really high crime as many people saw the riots about four months ago. But it's also, I don't know if you knew this or if your listeners know this, but Maryland has the most or it's the richest, not the richest state, but it has the most amount of rich people and riches characterized as people who make more than $250,000 or more. So it has the greatest number of richest people in the country. And but most of that is, is either suburbs of Baltimore or the D.C. area. Suburbs of D.C. in the Maryland area. Living in Baltimore was definitely an experience. It. I'm happy I went through it. I'm happy I got that experience. But now I live in Tampa, Florida and I have no regrets about moving out of Baltimore.

Yeah, yeah, I think that would be a definite upgrade, you know, weather wise and area wise and crime rate. Right, wise. But yeah, just to answer your question, you know, we should talk about this on a future show more extensively, but I've looked into many east coast areas quite extensively. There are a lot of rehabbers who, you know, they buy these like row houses and some are, you know, one family houses and, and they call them two and three family and four family houses. But you know, we call them duplexes and fourplexes and triplexes and you know, they rehab them and they're really old and you know, they do some interesting stuff. And there was another company that I was checking out, oh gosh, this must have been four years ago who was advertising extensively on XM Radio or Sirius, I think that was right about the time they merged and it was like I would listen to Bloomberg News on satellite radio. And it was like every commercial break, I heard this company advertising like, crazy about these. These deals in. I think they were in Baltimore somewhere back there, near there, at least, But I'm pretty sure it was Baltimore itself. And it sounded so good, it too good to be true. I think I actually may have recorded the commercial. You know, you got to be quick on your. On your smartphone when you're driving to, you know, record that. But I think I actually may have played it on the air a long time ago. And I called them and I checked out their deal, and I was like, this just sounds way too good to be true. I remember doing some, like, heavy due diligence on it, talking to the people and figuring out what the scheme was. I don't want to call it a scam. A scam is like a blatant thing. But, you know, it was kind of like, you know, I. I poked the holes in it. I. I believe I talked about that on an episode a long time ago, and it was just kind of interesting what they were doing. You know, I bring that up, but of course, can't remember the punchline for the listeners. Sorry, listeners. I don't recall what the punchline was to that story, but it was there. I think you could probably find it.

Oh, by the way, that reminds me, we have a new search engine on the jasonhartman.com website that hopefully will make it a lot easier for you to search. It suggests things more like the way, you know, Bing and Google do, and it suggests them based on search algorithms and all kinds of stuff. Anyway, we put this new search engine in just maybe two weeks ago, so check it out. Go to jasonhartman.com, try our search feature again. A lot of our podcasts are transcribed. I can't say they all are, because they're not. It's our goal to transcribe all of them. That's very expensive, especially when you talk as long as I do to do all that transcription. But it's in there. And you can search things, I think, a lot easier. By the way, listeners, we'd love some feedback from you on the new search engine, because we looked into that and looked at many different products and there are some others out there. If you think that one's not that great, then let us know. We always appreciate your feedback and we do really take it into consideration. So that's there. And you can search for things like that. But. But yeah, you know, I just never really found a way to make any of those Areas work in the, in the Northeast. We looked at Pennsylvania extensively. You know, I used to live in Pittsburgh when I was a little kid for a little while. Yeah. And then my family's from upstate New York. I'm certainly familiar with many of those areas, but never worked for us.

I'm curious to know why you haven't been able to make a place like Pittsburgh or Buffalo work.

I'm just curious to know why. Because you'll find tenants. Finding tenants is why do you compare.

Why do you compare Buffalo to Pittsburgh? Like, whoa, that's a stretch. But okay, what, did you just happen to mention those in the same breath or was there a real reason?

Yeah, I guess bigger cities located near huge cities. So Pittsburgh is what, three hours away from Philly and Buffalo is about four hours away from New York City. That's why I put them in the same sentence. But just curious to know why you haven't been able, able to make it work.

You know, the regulatory climate, the rent to value ratios, just, I don't know, we just, you know, for various reasons, some of which also is finding a provider that we really like and trust. And you know, we've certainly been disappointed a few times over the years with providers. You know, that's. That it's all like a blend of those things. I can't really give you much more specifics than that, but we've just never found anything that really made a lot of sense to us, so. And speaking of which, maybe this is a good segue in a little bit of a segue into the oil boomtown areas, because same is true there. And Your old boss, Mr. Porter Stansberry was promoting this as like utopia, right? Well, maybe not that far, but tell us your thoughts on that.

It's funny because maybe three years ago you and your listeners might have remembered this was right before the election of 2012, there was a big promotion Stansberry did, Porter Stansberry did, about how Obama would be elected to a third term. Third term. And the, the big secret, they were saying why he would be elected to a third term.

Cheap oil.

Cheap oil. Specifically because of this boom in, in shale. Boom in shale. Not, not, not bust in shale.

Yeah. And by the way, let me comment on that. So, you know, it was just a, you know, sort of scammy marketing piece. Obama's third term. He never really meant, just in fairness to him, he never really meant that actually Obama would have a third term that was just like, you know, great sales copy to get attention. He meant that it would be like Obama's proxy, it would be Michelle, it would be Biden, it would Eric Holder, God, I can't stand Eric Holder. That guy, I wouldn't trust him as far as I could throw him. But you know that it would be, it would be that like a proxy for Obama because America would become strong, so rich and it would just be such a boom to the economy with cheap oil. Now the interesting thing about that prediction, let's dice that up a little bit because it's kind of oil has gotten cheap. It's true and false at the same time. And by the way, listeners, I want to say Harry Dent, who's been on the show several times was recently out with a prediction and his prediction was that oil would go down even more to $32 a barrel and that would wreak havoc on the economy because it would put so many, you know, oil related businesses out of business or hurt them very badly and hurt their stock. But what's interesting about Porter's prediction is that so you know, oil has gotten cheaper and I believed that by the way, before I even heard it from Porter, I was predicting that. And you know, I had that one guest on my show, I can't remember his name but he's guy from Dubai.

Jawad Meyon, I think.

Yes, Jawad Meyon. Yeah, really interesting guy. And by the way, our next, well, our upcoming Venture alliance trip is planned for Newport, Rhode island. That is going to be phenomenal because of the fall foliage. We're going to time that I think just perfectly and then we're going to tour the Newport mansions, five star dining and we're going to actually do some real estate stuff too. But our trip, trip after that, we're strongly considering going to Dubai for the Venture alliance and that's just going to be an awesome trip. December, January time frame. So listeners, I know a lot of you have asked me about the Venture alliance and you're thinking of joining, you got to join. You can always come to one event on a one time basis as a guest for $2,000. And if you join, we apply that toward your membership. So check that out. Go to Jason hartman.com, look in the product section and there's Venture alliance information there. But, but anyway, that's our next trip. Lest we go off on another tangent here, that's why Dubai. But Jawad was saying, well, you know, for $140 a barrel I think is what he was saying. And I said oh no, oil's going down and turned out to be right. But we'll See, so, so here's the thing about that Obama's third term prediction, okay, that's interesting, is that the oil glut has happened, right. And it makes it cheaper for consumers. It's a deflationary pressure on a lot of consumer products, of course, and that's kind of great. But the flip side of that is what Harry Dent's predicting about it hurting oil related industries. And listeners notice my yellow light warning on Houston. Houston. We certainly like Houston. I'm keeping my property there, I'm not selling stuff. But it's, you know, we're not promoting Houston as you may have noticed, because we're a little skittish about the oil thing and we certainly never, unlike our competitors, we never promoted the North Dakota real estate. Was Porter investing in that stuff? Did he, did he do that or I mean the actual real estate? Because I know Porter loves real estate. He talks about it a lot.

Yes, he loves real estate. I'm not sure if he was investing in North Dakota specifically, but I know a lot of the recommendations coming from Stansberry were companies were operating in that, that North Dakota area.

So the flip side of the prediction is that these companies are going to get hurt. I mean, the exploration, when oil gets really cheap, you know, they're going to rein in their horns on exploration and they're not going to spend money on that stuff. I mean, they're going to go, you know, every, every entrepreneur, every industry even, and governments act this way too. They go for the low hanging fruit, the easy stuff. Right. And you know, fracking is expensive.

Yes. So I actually ghostwrite for a client of mine and I've done some, a lot of research on the oil industry and specifically how much it costs to break even when, if you're a shale driller and these shale drillers need oil to be in the at least $70 range, 70 to $80 range, to generate a profit. And so right now they're operating at a loss. And it's just not even, like you said, it's not even a worthwhile undertaking to continue operating.

Yeah, well, I'm sure glad, even though we've been approached and pitched relentlessly about promoting real estate deals in North Dakota and we did really, we were getting kind of, they were moving the needle. We were going to start doing that and I'm glad we didn't. I was, I was always a little skittish about it, but I think that that market was definitely a bubble. And of course everything goes in a cycle. So you know, I reserve the right to Change my mind. Okay, yes.

At any time. But right now I'm definitely glad that, you know, we skipped that. Our competitors, I think, screwed up promoting it and I think a lot of their clients will suffer because of that. But very interesting stuff. Well, we gotta wrap up and get to our guest today, our presidential candidate guest. But just any other quick thoughts before we get to our guest, Naresh?

So Mark Everson is the guest and I booked him. He has a very storied cross career, as you'll explain in a little bit. But one interesting thing about him is he's probably the only qualified kind of bigger name, not huge name, but big name candidate who hasn't been invited to any of the debates, to any of the Republican debates. So he's coupled with all these people who are running for the GOP ticket. But.

I know he's a little upset that they're not inviting him. And he's appealed and filed all sorts of motions and complaints with the FEC to try to get on the debates.

The FEC is the Federal Election Commission. And Naresh, you know what's interesting about those debates? I remember watching a documentary a while back about Ralph Nader. And you know, far be it for listeners to think I'm some kind of right wing wacko, okay? Even though I tend to pick on liberals more than conservatives. I would agree, because, you know, it's just accurate picking. But the debates are a, you know, a scam, like everything in life, right? You know, they, they get to, they get to frame that whole thing by who gets to participate in the debates. And I remember watching how Ralph Nader was excluded and this two party system has just gotta go. I mean, it is just. That is so bad for America. I don't know why we can't just, you know, totally get rid of that system. Because with the Internet, we gotta get the money out of the elections. I mean, I'm saying that and I'm a total capitalist, but the money corrupts the thing. It's just gotta be, I don't know, we need to do some more shows on that. I've certainly done them over the years. I've had experts talk about that. And I just think the money is, is, it's the problem. It really pollutes the whole thing. The money and the corporatized media, you know, the few stations owned by giant conglomerates. The media's got to become more democratized, although it's heading in that direction. And the elections have to become more democratized by getting the money out of it. So I'm sure Mark Everson, our guest, would agree with that, right?

Oh, yeah, he's definitely going to agree. He's gotten the short end of the stick. And talking about the debates, like you said to me, the debates are. It's just a bunch of liars in front of you, and whoever can lie the best usually wins a debate. So to me, the debates are a huge waste of time. I've always believed that you should judge any person, or in this case, a candidate, based on what they do or what they've done rather than what they can say in front of a, A.

Camera, in terms of a sound bite. Yeah. Well, what would be really neat is if people could sue politicians for lying. You know, like, if they say one thing in the bait, I'm going to do this, and then they don't do it. There are two basic types of lawsuits. One is called, you know, a lawsuit for damages, like, hey, you know, give us some money. Right, because you didn't do what you said. But another one is called specific performance. Like, why can't the voters sue the politician for specific performance? Which means in real estate, for example, you know, seller says, I'm going to sell you the property, and then changes his mind and says, nah, I'm not going to sell you the property. I'm not even going to sign the deed. So, you know, screw you, buyer. Well, the buyer can go to court, sue the seller for specific performance, and the court will basically order the property to be conveyed. And, you know, happened in elections, I mean, or not elections, but with politicians, boy, that would change the game. Although it will clog up the courts for sure. But, you know, it would, it would change the game. It'd be very interesting.

Yeah, yeah, that, that's, that's probably a long shot away, but Obama's been sued a few times. It's never going to happen. But Obama's been sued a few times already for Obamacare by individuals and also by, by, by states, I believe. So there is some recourse, but not as transparent as what you just said. You know, you can't just sue them for anything.

Right, Right. Yeah. Yeah, it's interesting. We're going to talk about that a lot more. Naresh. Hey, we're going along. So I just got to make two quick announcements. Two things coming up. Number one, at the end of August, our Jason Hartman University live event, it's in early bird level two right now, and you can still get a great deal also, if you write a review and send a screenshot. Write a review on itunes and send a screenshot to reviewsasonhartman.com we'll send you back a promo code for 30% off for that event. That's jhulive. At the end of August in San Diego, go and register@jasonhartman.com in the events section. And then of course, our Venture alliance trip that I'm so excited about at the end of September. September, that's going to be phenomenal. Also you can find out more@jason hartman.com that's not in the event section. We're going to put it in there too. It's in the product section. We got to change that around. So anyway, you can find it though on jason hartman.com or ask your investment counselor. So let's get to our guest, Mark Everson, presidential candidate.

It's my pleasure to welcome Mark Everson to the show. He is the vice chairman of a Alliant Group, the former CEO of the American Red Cross, the former IRS commissioner, Republican presidential candidate for 2016. Mark, welcome. How are you?

I'm well. Thank you for having me.

It's good to have you on the show. So, gosh, you got some good solid experience out there in a variety of things. What got you into the race and why do you want to be president?

Sure. I think like most Americans, I'm pretty concerned about the country. I'm 60, I'll be 61 in September. And I think that I can remember back when we put a man on the moon and we just don't seem to have that drive or that self confidence anymore. And you mentioned my experience. I have extensive private sector experience. I've run a factory. I've run businesses in the United States and overseas, lived in Turkey, France and Zambia. And on the other hand, I have a lot of executive branch experience. I had six years under Reagan, six years under the second President Bush. And that's more than anybody in the Republican field. I think if we're going to tackle these issues that we really must confront, you need somebody who has a complete picture of both the government and the private sector.

Yeah. Fantastic. So the government and the private sector, definitely. What are some of your your positions on various issues?

Yes, your listeners can go to they can either Google me, MARK everson, E V E R S O N or they can go to markfor America.com and that lays out my positions which are geared towards.

Our prosperity, renewing our prosperity, path to prosperity. And that would include significant tax reform. I would put in a hybrid system, put in a consumption tax on goods and services that we all would pay. But you would then be able to strip out 150 million Americans from the income tax code. If a couple's earning 100,000 or less, they wouldn't have to file an income tax return anymore. It would return the income tax to where it started a century ago, where or it was just a tax on higher earners. And you'd be able to do that if you make this change and lower the rates from what they pay now. You could also lower the business rate so we'd be competitive overseas. I also speak on my website about the financial sector. We need to make sure we're pumping up the community banks. They've been dying. We've had too much consolidation into the mega banks and they've been acting lawlessly, recklessly. So we need to hold them accountable.

They own the Senate, why wouldn't they?

Yeah, no, it's atrocious if you think about them. What I say is they run the light, pay the ticket and drive on. And that's no good. It's not working. We need to get small and mid sized businesses need to be able to get funding. And then the third piece of economic plank, if you will, is the spending. Right now the deficits have come down and they're under 3%. Well under 3%. Fine, that sounds like it's manageable. But it's not because we already have 18 trillion of debt and in the out years the spending is going to creep back up, first slowly and then very quickly as older folks, my age group and above draw these benefits. And if we're not careful, if we don't change our entitlement programs, they're going to eat our lunch. That's the other thing we need to do on the economy. So that's prosperity. I also talk about security and we need to restore our security. And the way we do that is we change from what the President's been doing he believes in. I think he's been true to his word here from the get go. He campaigned on the idea, well, I will deal with our adversaries. We need to check that and go back to the traditional system that served as well, where we say we look at our interest and the interest of our allies. That's where we should start our foreign policy. And we have a strong military that you're careful on its use. Of course you can't be reckless on its use. But we can't be in the situation that we've been in. Now the last piece of this is about realizing our shared destiny. And I would suggest to you that we've lost this. This traditional approach to our nation. I was six and a half when President Kennedy took the oath of office. He said, ask not what your country can do for you, ask what you can do for your country. We've got to get back to some sort of notion where people are proud to be Americans and they will sacrifice for the nation. So I'm suggesting a couple things. I'm suggesting that we put in a program of national service which would include a military component. I'm concerned that the burden of service to the military is uneven. I live down in Mississippi. In Mississippi, which is the poorest state in the nation, you're twice as likely to be a Gulf Air event than if you live in Connecticut, which is the richest state. So we've got to do that. And then on the immigration side, I believe that we need to secure the borders. Absolutely. We need to put in the E VERIFY so that people can't get jobs here unless they're entitled to get a job. We need to change the legal system. And then once you do this and you choke off the future illegal immigration, you're left with the question of what do you do with the folks who are here? Not the criminal aliens. You gotta get rid of them. People are committing crimes, but the folks who are contributing, who are working a part of the community. What are you gonna do about those 10 or 12 million people? I suggest that we renew our tradition of assimilation in that we. I wanna get a path to citizenship because I'm very concerned. I've lived in France, I've seen they don't have a tradition of assimilation there. I worry that we're not going to be able to confront radical Islam if we don't all get on the same page and pull together. So that's what I want to do.

Talk to us about maybe some comparisons between you and some of the other candidates. Especially, of course, the guy who's stealing the spotlight, and that's Trump. Donald Trump. Many people have speculated that he's a setup. He's the Ross Perot that's meant to divide the party and, you know, really help the liberals. You know, there's. There's just all sorts of speculation there. I don't know about any of that. But what are your thoughts?

Well, it is true. Mr. Trump was, I would say, a big city New York liberal Democrat. And until pretty recently, he was, you know, down the line on all of the democratic issues just 10 or 15 years ago. So the question is, what are his true positions? I Think that what he said about immigration is just atrocious. It's a very real issue, needs to be addressed, as we just said. But it doesn't mean you can demonize immigrants. I mean, he calls Mexicans criminals, rapists, the majority of them criminals and rapists. It takes advantage of these horrible things, like this terrible murder in San Francisco. I just tell you this. My sister, years ago, was the victim of a serial murderer in 1982. He happened to be a black man. But that doesn't make.

Serial murderers black men, and it doesn't make a majority of black men serial murderers. I mean, what he's done is horrible here, and it is a difficult situation. He cites Perot. I mean, what happens here if he decides to take his marbles and go home and run on his own? That's going to be very difficult. And if the country ends up with Hillary Clinton's president, I. I'm not for that.

I mean, you know, it just blows my mind. I mean, it's boggling that we could literally end up with a Clinton and a Bush again. I mean, America that is so unlike the original intent of America that we would have these dynasty type families, the Kennedys, the Clintons, you know, the Bushes, controlling our public sector. It's absurd. I mean, I can't even believe that.

No, I think there's great truth to that. I agree 100%. And I can tell you, as I travel Iowa and New Hampshire, people respect, of course.

Both Presidents Bush, and they respect Governor Bush, of course. But I don't believe that anybody that I've met thinks it's a great idea to go down that path that you've suggested. We're on the cusp of going down. That is troubling. Very troubling, if that's the best we can do. Look, I'm from Mississippi. I recognize my path is narrow, but the kids around in Mississippi, they say, gosh, that's great.

Somebody who is going to run for president. People in the community say we need a fresh face. They don't want retreads of the past.

Yeah, I would totally agree with you. I would totally agree with you. There's no reason we should have this kind of power consolidated into, you know, certain families who have these dynasties. That's just beyond ridiculous. So what do you think about, you know, some of the other candidates and contrast yourself with them, if you would?

Well, I think that where I am is I am hopefully attractive to some of the real conservatives. One thing we didn't talk about is I've got A very clear record where I execute the laws as written, not as I might wish them to be. Wouldn't matter whether it's Chuck Grassley or Chuck Schumer. They would both say that when I ran the irs, I called him down the middle. So you, which I'm very concerned about what this President has done as Executive branch overreach. But I do believe that if the Republicans are to prevail, we need to have somebody who's attractive to the, to this center. One reason I took this on is I've been in 30 states around the country and in the last couple years and I believe that yes, there is one, there are two sort of edges. There's a, let's call it the Elizabeth Warren side and then the Ted Cruz side, but then those folks are not going to move. But I do believe that the majority of people are not as wedded to one side or the other. They are looking for reasonable policy solutions that are justified based on facts rather than just political interest. So I think one of the things I can do is be attractive across a range of opinions, if you will. Some of the positions I've taken, like on the bank, some of the Republicans would, you know, knee jerk, just defend Wall Street. I'm not doing that. So I think that that's an important position. Or the taxes. It's a different approach.

Wall street is the modern version of organized crime.

Yeah.

No, it's, it's, it's unbelievable. Everything is tilted towards the big player. We need to get it back to where we have a sense of confidence for small and mid sized business.

If anybody thinks they're a cat capitalist and they support big giant mega corporations and Wall street, that's not capitalism. That is massive cronyism that nothing could be further from capitalism than these giant mega multinationals. They're only capitalist in theory.

Okay.

Right.

Let me say this one other thing that concerns me. You ask where I contrast some of the other candidates. I'm very concerned about executive branch overreach. And this President has done a bunch of it. What I flabbergasted that the Congress gave him more power by allowing him to do this Iran deal. Whatever you think about it, and I don't particularly like it, I think it's very risky. But it should have come to the Senate as a treaty requiring two thirds vote for ratification. Instead the Congress passed a law. All the President has to do is get 1/3 vote and he's done. That's ridiculous. That's a horrible thing for us to have done.

Yeah, yeah. Curious. You know, this isn't talked about really much at all, but line item veto, do you have any thoughts on that? Maybe it's just not something that anybody's thinking about.

It's been tried quite a bit. I would sign a bill that would provide that authority to the President if it would withstand the court's scrutiny. I think the main point is you can't be afraid to veto things. I would suggest that too often what happens is a president of the same party will believe that he has to.

Support what his party has done. I think that's wrong. What you need to do is you need to worry about your constitutional responsibility. You're the leader of the executive branch. This gets me to another point that I, that is part of my platform. I'm running for a single term in office. I served in two very different administrations. Six years under Reagan and six years under the second President Bush. Very different administrations. But I will tell you this, it was totally consistent by year three. Up and down the line, people are worried about the real act and that's wrong. When you get into that, into that office or you're in that administration. Everybody up and down the line should be worrying about the country's interests only and not whether they're going to move back to Seattle or talking to their wife or their husband saying, geez, we just got here, we're going to have to go back to Alito now. I mean that's ridiculous. So very important that we handle this and understand that the president's got to call this and take care of the national interest.

Yeah, yeah, very good, very good. Obamacare.

Yes. I think that there's an opportunity now that, now that the president has this big victory in the court. And by the way, I find this victory very concerning. Again, it's the same thing. He's had all this overreach on the executive powers with the immigration, on willy nilly changing the Affordable Care Act. I don't like what the court did here. It said you've got a statute that was poorly drawn. Instead of sending it back to the Congress, it said in that case the executive can fix it. And I think that just gives more power to the executive branch, which is dead wrong. That having been said, I think we ought to make a series of changes to it. We ought to move. I'd start with the definition of what's full time work. The fact is by lowering that threshold from 40 to 30 hours, whole sectors, retail, hospitality, entertainment. They. It's gutted the number of people who are working 3537 hours. I've changed that. I'd allow the insurance companies to sell across state lines.

When that debate was raging, it seemed so obvious that if we could just create a little more competition in the market and let them cross state lines, that would have been a huge step in the right direction. That simple. Simple. One thing, you know.

Yeah, no, exactly. And you can say to these insurance companies, you want to sell into a second state? Well, you got to take care of the rural people, too, not just the cities. You can put some conditions on it and still let them, let them compete and you get a better solution. Absolutely. I do some tort reform in there. I throw that in there, too. And it's interesting, there were people who were talking about that at the time that the Democrats would have gotten some more of what they wanted if they'd given the Republicans. Republicans in tort reform. But as you know, the problem with the statute is it came in by the narrowest of margins, so there's no ownership to it on the Republican side. It's got to be addressed and quickly because I think I question whether it's meeting its objective. It's not so much. It's not as important whether these people are covered by insurance as it is are people using the Medicare and getting healthier. And I'm worried about the increase you're seeing in the premiums and in the deductible. So my indications, people tell me stories. A lot of folks that have the insurance, but they're not using it.

Yeah, yeah. Back to that line item veto for a second. It seems like that would really, really hold a president accountable because, you know, on every pork bell piece of pork barrel legislation, you could say, look, you didn't veto this or that. It would just totally hold them accountable to the voters, you know, and next time around they wouldn't. You wouldn't have the power of the incumbency if they abused that line item veto.

That's right. That could work. But again, I think the president should just be more willing to veto things to begin with and say, take these six provisions out and I'll sign it.

Very interesting. Well, is there anything else you'd like people to know in general, according to question maybe that I didn't ask you or, you know, just anything you'd like to share with the audience?

No, I think, listen, what I'm doing is I, I respect our democratic processes. I've got active campaign in Iowa and New Hampshire, and.

I don't like the idea that Wall street or these big donors are trying to buy this election. And if your folks, your listeners are concerned about this, as am I, they should go to markforamerica.com I can use their help. I can use a modest donation. I can use their email so we can reach out to them, get them to help. But it's time for us to stand up and make some changes. I just don't think that the traditional politicians are going to do it.

No, they're not going to do it. Someone from the outside really needs to be in there because these political operatives just, it's going to be the status quo all the way. And God forbid we get a Clinton or a Bush. That'll even be more of it. Very interesting. Well, good stuff. Well, thank you for joining us, Mark, and talking about some of this stuff. One last question for you. Maybe talk to us about that power structure around getting the opportunity to get your views out there and the admission to the debates. What is going on there? I remember watching a program years ago about Ralph Nader and how he was excluded from the debates. What happens there?

Well, I'm one of 18 candidates that Republican National Committee has on their website and totally legitimate. They recognize the nature of the positions I've held. I have more experience on taxes, immigration, on homeland security. I helped create the Homeland Security department. So that's all very relevant to the issues that the country is facing right now. What we need to do is make sure that cnn, they'll hold the next debate. Make sure that your listeners are in touch with them and say, hey jeez, get this fellow on. Because we can't run a system where only we draw our presidents from 150 governors and senators or somebody who's uber wealthy like Mr. Trump. We need to leave room for folks who are leaders, like a university president or a retired general or admiral or a cabinet officer. We need those citizens to be able to come forth and contest and bring forth ideas. That's what I'm doing and I can use the help of your listeners.

Good stuff. Give out your website one more time, Mark.

Mark M A R K for F.

O R America.com Mark Everson, thank you so much for joining us.

Thank you for having me. Bye bye.

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