This document is from the collections at the Dole Archives, University of Kansas http://dolearchives.ku.edu
SENATOR BOB DOLE FORTUNE 500 FORUM RICHMOND, VIRGINIA NOVEMBER 6, 1993
THANK YOU. IT'S A PLEASURE
TO BE HERE. GIVEN THAT
YOU'VE ALREADY HEARD FROM
IRA MAGAZINER, LLOYD
BENTSEN, ROBERT RUBIN, AND
DAVID GERGEN, IT'S OBVIOUS I 1
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WAS INVITED SO YOU'D COMPLY
WITH THE 11 EQUAL TIME 11
PROVISIONS.
I KNEW THINGS WERE
GETTING BAD WHEN I LOOKED
AT YOUR LIST OF GUEST
SPEAKERS, AND THE ONLY ONE
WHO I KNEW WOULD DEFEND
PRIVATE ENTERPRISE WAS
MIKHAIL GORBACHEV.
2
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I ALSO WANT TO
CONGRATULATE YOU FOR THE
WORK YOU HAVE DONE TO
IMPROVE YOUR BOTTOM LINES.
I UNDERSTAND THAT AS A
GROUP, YOUR NET INCOMES
ROSE 24 PERCENT IN THE THIRD
QUARTER. I WOULD JUST WARN
YOU--KEEP YOUR SUCCESS A
SECRET. IF YOU ARE NOT
3
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CAREFUL, YOU COULD BE NEXT ~-- ON THE WHITE HOUSE HIT LIST.
THIS FORUM IS ENTITLED
11 NEW IDEAS FOR LEADERSHIP. 11
AND I WANT TO SPEND MY TIME
THIS MORNING DISCUSSING A
FEW OF THE IDEAS
--NEW ONES AND OLD ONES,
GOOD ONES AND BAD ONES--
THAT HAVE COME OUT OF THE
4
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WHITE HOUSE SINCE JANUARY
20TH.
ECONOMY
LET ME START WITH THE
ISSUE THAT DOMINATED THE
DEBATE THIS SPRING AND
SUMMER--AND THAT'S THE
ECONOMY.
A NUMBER OF YOU WERE
ENLISTED BY THE WHITE HOUSE
5
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TO ENDORSE THE PRESIDENT'S
BUDGET PLAN. I RECOGNIZE
YOU FROM THE ROSE GARDEN
PHOTOS.
I HAVE NO DOUBT THAT SOME
OF YOU GENUINELY AGREED
WITH THE PRESIDENT'S
PROPOSALS. OTHERS MAY
HAVE DECIDED THAT THIS
BUDGET PLAN WAS THE BEST
6
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YOU COULD GET FROM THIS
ADMINISTRATION AND STILL
OTHERS MAY HAVE CALCULATED
THAT ENDORSING THE CLINTON
BUDGET PLAN MIGHT ENHANCE
YOUR OPPORTUNITY FOR INPUT
ON FUTURE ECONOMIC ISSUES--
LIKE HEALTH CARE.
THE POINT IS THIS: THE
CLINTON BUDGET PLAN WAS
7
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NOT GOOD FOR BUSINESS. IT
WASN'T GOOD FOR JOBS. IT
WASN'T GOOD FOR OUR
ECONOMY. AND IT WASN'T
GOOD FOR AMERICA. THAT IS
WHY EVERY SINGLE
REPUBLICAN IN THE HOUSE AND
THE SENATE VOTED AGAINST
THE CLINTON BUDGET PLAN.
8
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I HAVE TALKED OF THE
DANGERS OF RUNAWAY
FEDERAL SPENDING FOR YEARS.
AND l'VE BACKED UP THAT TALK
WITH SOME TOUGH VOTES.
WE HAVE HEARD SOME
TOUGH TALK FROM THE WHITE
HOUSE ABOUT THE DEFICIT.
BUT, REMEMBER THAT THE
FIRST MAJOR PROPOSAL THAT
9
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BILL CLINTON SENT TO
CONGRESS WAS THE SO-CALLED
SPENDING 11 STIMULUS. 11
IN THE SENATE, REPUBLICANS
HAD TWO PROBLEMS WITH THIS
PACKAGE. FIRST, WE DID NOT
BELIEVE THAT AN $11 BILLION
SPENDING INCREASE WOULD
PROVIDE MUCH STIMULUS TO A
$6 TRILLION ECONOMY. AND -- --- 10
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SECOND, THE PRESIDENT AND
THE DEMOCRAT LEADERSHIP IN
CONGRESS MADE NO EFFORT
TO PAY FOR THIS PLAN. THEY
JUST CHARGED IT TO OUR
CHILDREN AND
GRANDCHILDREN IN THE FORM
OF HIGHER DEFICITS.
YOU MAY RECALL THAT LAST
WEEK, THE WHITE HOUSE
11
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REPORTED THAT THE 1993
DEFICIT WAS SMALLER THAN IT
HAD PREDICTED EARLIER THIS
YEAR. PRESIDENT CLINTON
WAS QUICK TO TAKE CREDIT
FOR THE IMPROVEMENT, BUT
EVEN TREASURY SECRETARY
BENTSEN WILL ADMIT THAT ONE
REASON THE DEFICIT SHRANK
WAS THAT SENATE
12
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REPUBLICANS DEFEATED THE
PRESIDENT'S SPENDING
STIMULUS.
THE SECOND ITEM ON THE
CLINTON ECONOMIC AGENDA
WAS HIS BUDGET PLAN.
THE CLINTON BUDGET
CALLED FOR MASSIVE NEW TAX
INCREASES ON INDIVIDUALS--
BOTH THE LIVING AND THE
13
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DEAD. AND IT CALLED FOR
MASSIVE NEW TAXES ON
BUSINESSES--TAXES THAT ARE
PARTICULARLY DAMAGING TO
SMALL, GROWING COMPANIES.
USING THE PRESIDENT'S OWN
NUMBERS, HIS BUDGET PLAN
FAILED TO GET THE DEFICIT
UNDER CONTROL BECAUSE IT
FAILED TO CONTROL THE
14
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RUNAWAY GROWTH OF
ENTITLEMENT SPENDING. THE
FACT IS THAT THE PLAN THAT
NARROWLY PASSED THE
CONGRESS FAILED TO
ELIMINATE A SINGLE
GOVERNMENT PROGRAM.
WE NARROWLY LOST THE
FIGHT AGAINST THE
PRESIDENT'S BUDGET PLAN.
15
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BUT, I BELIEVE THAT THE
BUDGET DEBATE HELPED WIN
REPUBLICANS THE SUPPORT OF
THE AMERICAN PEOPLE.
SUPPORT WHICH HAS HELPED
PAVE THE WAY FOR
REPUBLICAN VICTORIES IN
EVERY MAJOR ELECTION SINCE
NOVEMBER 1992: SENATE
RACES IN GEORGIA AND TEXAS,
16
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GUBERNATORIAL RACES IN NEW
JERSEY AND HERE IN VIRGINIA,
AND MAYORAL RACES IN
AMERICA'S TWO LARGEST
CITIES--NEW YORK AND LOS
ANGELES.
THE BUDGET DEBATE
DEMONSTRATED THAT
REPUBLICANS HAVE A
FUNDAMENTAL DIFFERENCE IN
17
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PHILOSOPHY WITH THE
PRESIDENT.
PRESIDENT CLINTON BELIEVES
VERY STRONGLY THAT
GOVERNMENT KNOWS BEST.
THAT WITH MORE MANDATES
AND MORE REGULATIONS,
UNCLE SAM CAN TELL YOU HOW
TO RUN YOUR BUSINESSES, AND
18
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TELL INDIVIDUALS HOW TO RUN
THEIR LIVES.
11 11 SECURITY ·
PRESIDENT CLINTON HAS
TRIED TO CALM THOSE
CONCERNED ABOUT ALL THESE
NEW MANDATES AND
REGULATIONS BY ASSURING US
THAT HE JUST WANTS TO GIVE
US ALL MORE 11 SECURITY. 11
19
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THAT'S A NICE GOAL. BUT,
THINK ABOUT THIS: IF THE
PEOPLE OF THE OLD SOVIET
UNION AND EASTERN EUROPE
HAD ANYTHING, THEY HAD
SECURITY. THEY KNEW THAT
THE GOVERNMENT WOULD TAKE
CARE OF THEM FROM CRADLE
TO GRAVE.
20
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DO NOT BELIEVE THAT MOST
PEOPLE WOULD TRADE IN THEIR
NEWFOUND FREEDOM FOR
MORE OLD STYLE COMMUNIST
BLOC 11 SECURITY. 11
AND SPEAKING OF EUROPE, A
LOT OF PEOPLE HAVE NOTICED
THAT PRESIDENT CLINTON
SEEMS TO BE STEERING
AMERICA IN THE DIRECTION OF
22
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THE EUROPEAN MODEL OF HIGH
TAXES AND HIGH REGULATION.
IT IS IMPORTANT TO
REMEMBER THAT FROM 1982-
1992, THE UNITED STATES
ECONOMY -- UNDER THE
LEADERSHIP OF PRESIDENTS
REAGAN AND BUSH -- CREATED
54.% OF ALL THE JOBS CREATED
IN THE G-7 COUNTRIES. IN
23
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OTHER WORDS, AMERICA
CREATED MORE JOBS DURING
THIS PERIOD--18.1 MILLION OF
THEM--THAN GERMANY, JAPAN,
CANADA, FRANCE, ITALY, AND
THE UNITED KINGDOM
COMBINED. AND WHILE THE U.S.
UNEMPLOYMENT RATE HAS
MOVED DOWN TO 6.7%, THE
UNEMPLOYMENT RATES IN
24
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THESE OTHER COUNTRIES --
11. 7% IN FRANCE, 10.3% IN THE
UNITED KINGDOM, 11.2% IN
ITALY, 8.6% IN GERMANY, AND
22.3% IN SPAIN -- HAVE
REMAINED MUCH HIGHER.
MANY ANALYSTS PREDICT THE
SITUATION IN THESE OTHER
COUNTRIES WILL GET WORSE
BEFORE IT GETS BETTER.
25
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THIS MONTH, THE ECONOMIST
MAGAZINE OBSERVED THAT
SOME OF THESE EUROPEAN
COUNTRIES ARE FINALLY
LEARNING THEIR LESSON. THEY
ARE TAKING STEPS TO LOOSEN
REGULATIONS AND MANDATES.
THEY WROTE -- AND I QUOTE --
11HOW IRONIC IT WOULD BE IF,
AT THE VERY MOMENT WHEN
26
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THE EC BEGINS AT LAST TO
FREE ITS LABOR MARKETS,
AMERICA MOVES TO RESTRICT
11 THEM. -- END QUOTE.
REALTti
AS YOU KNOW, THE
PRESIDENT AND THE FIRST LADY
HAVE TRIED TO LINK 11 SECURITY11
TO HEALTH CARE. I WANT TO
GIVE THE CLINTONS CREDIT FOR
27
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PUTTING THIS ISSUE ON TOP OF
THE NATION'S AGENDA. I
URGED THE PRIOR
ADMINISTRATION TO DO
SOMETHING, ... ANYTHING, ... ON
THIS ISSUE, AND THEY CHOSE
NOT TO.
IT'S BEEN MY STANCE THAT IF
REPUBLICANS WANT TO HAVE
ANY CREDIBILITY ON THIS ISSUE
28
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AT ALL, THEN WE MUST BE IN
THE ARENA OFFERING
ALTERNATIVES. I ALSO BELIEVE
THAT THIS ISSUE IS SO
IMPORTANT THAT ALL OF US --
DEMOCRATS, REPUBLICANS AND
INDEPENDENTS -- SHOULD TRY
TO START DOWN THE ROAD
TOGETHER.
29
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THE HEALTH CARE DEBATE
DID NOT START OVERNIGHT. A
NUMBER OF MY COLLEAGUES--
LIKE SENATOR JOHN CHAFEE--
HAVE BEEN WORKING ON THIS
ISSUE FOR YEARS. AND THERE
IS NEARLY UNIVERSAL
AGREEMENT AMONG THOSE
THAT HAVE STUDIED THIS ISSUE
THAT THERE ARE PARTS OF OUR
30
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HEALTH CARE SYSTEM THAT
NEED TO BE IMPROVED.
BUT, THERE IS
DISAGREEMENT, HOWEVER,
OVER JUST WHAT
IMPROVEMENTS ARE
NECESSARY, WHAT THE ROLE
OF GOVERNMENT IS, HOW MUCH
IT'S GOING TO COST, AND
WHO'S GOING TO PAY FOR IT.
31
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AND THERE'S BEEN A BIG,
BIG, MOOD SWING IN THE
CONGRESS AND ACROSS
AMERICA THESE PAST FEW
MONTHS. THE PRESIDENT
RECEIVED RAVE REVIEWS FOR
HIS HEALTH CARE SPEECH TO
CONGRESS IN SEPTEMBER.
THEN, FOR FIVE WEEKS,
NOTHING HAPPENED UNTIL THE
32
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PRESIDENT AND MRS. CLINTON
RETURNED TO CAPITOL HILL
LAST WEEK TO DROP OFF THEIR
PLAN AND BEGIN THE WHOLE
PROCESS AGAIN.
THIS TIME, THERE WEREN'T
SO MANY CHEERS--FROM - ·-~--- CONGRESS, OR FROM THE
PUBLIC. AND, ACCORDING TO
THIS WEEK'S GALLUP POLL, THE
33
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SAME NUMBER OPPOSE THE
PLAN AS FAVOR IT--45%-45%.
EVEN MORE AMAZING IS THAT
MORE PEOPLE BELIEVE THAT
CONGRESS --WITH ITS STELLAR
26 PERCENT APPROVAL RATING-
-CAN DO A BETTER JOB OF
IMPROVING THE HEALTH CARE
SYSTEM THAN THE PRESIDENT.
ON THIS ISSUE, THE PUBLIC
34
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UNDERSTANDS THAT THE DEVIL
IS IN THE DETAILS. EVERYONE'S
FOR BETTER HEALTH CARE.
BUT NOT EVERYONE IS FOR
MORE MANDATES, MORE
REGULATIONS, MORE
BUREAUCRACY, AND LESS
CHOICE. AND NO DOUBT ABOUT
IT, THAT'S WHAT WILL RESULT IF
35
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THE PRESIDENT'S PLAN IS
ADOPTED.
IN FACT, LET ME QUOTE
FROM FORTUNE MAGAZINE OF
OCTOBER 18. 11 IN AN ERA WHERE
SOCIALISM IS IN DECLINE,
CLINTON WANTS TO IMPOSE
ECONOMIC PLANNING ON A $900
BILLION A YEAR HEALTH SYSTEM
AS BIG AS BRITAIN'S GDP. 11
36
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THAT IS ONE-SEVENTH OF THE
ENTIRE U.S. ECONOMY.
NO DOUBT ABOUT IT, THIS IS
GOING TO BE A LONG PROCESS.
I AM CONVINCED THAT WE WILL
STILL BE TALKING ABOUT
HEALTH CARE SIX MONTHS
FROM NOW. AND I THINK IT IS
SAFE TO SAY THAT WHATEVER
IS PASSED AT THE END OF THIS
37
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PROCESS WILL NOT RESEMBLE
ANYTHING THAT HAS YET BEEN
INTRODUCED.
IN THE MEAN TIME, WE WILL
CONTINUE THE SEARCH FOR
NEW IDEAS, NEW SOLUTIONS TO
THE PROBLEMS FACING
AMERICA'S HEALTH CARE
SYSTEM.
NAFTA
38
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THIS FORUM IS ALL ABOUT
LEADERSHIP. AND I BELIEVE
THAT, AT ITS HEART, THE
DEBATE OVER THE NORTH
AMERICAN FREE TRADE
AGREEMENT IS A DEBATE OVER
LEADERSHIP.
I KNOW l'M PROBABLY
PREACHING TO THE CHOIR, AND
THAT SOME OF YOU WERE UP IN
39
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D.C. THIS WEEK LOBBYING FOR
NAFTA, BUT LET ME JUST SAY I
SINCERELY BELIEVE THAT IF
AMERICA WANTS TO CONTINUE
TO LEAD THE WORLD'S
ECONOMY... IF AMERICA IS TO
SUCCEED IN TODAY'S GLOBAL
MARKETPLACE, THEN AMERICA
CANNOT BE AFRAID TO
COMPETE. IT'S A SIMPLE
40
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CHOICE--EITHER WE RETREAT
AND BUILD A WALL AROUND
OUR COUNTRY OR WE LEAD BY
EXAMPLE AND WORK TO LOWER
BARRIERS TO TRADE BOTH AT
HOME AND ABROAD.
MAKE NO MISTAKE ABOUT IT,
NAFTA ISN'T PERFECT. BUT IT
WILL MEAN MORE JOBS HERE IN
AMERICA. AND IT WILL SEND A
41
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MESSAGE TO A LOT OF
COUNTRIES WHO ARE WAITING
IN LINE THAT AMERICA IS OPEN
FOR BUSINESS. OR, AS
FORTUNE PUT IT IN ITS
NOVEMBER 14 ISSUE, "THE
AGREEMENT IS NOT ABOUT
JOBS FLEEING TO MEXICO IN
PURSUIT OF LOWER
WAGED ... INSTEAD, NAFTA IS
42
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ABOUT NEW MARKETS FOR U.S.
EXPORTS."
WE ARE NOT THE ONLY ONES
LOOKING AT MEXICO.
PRESIDENT CLINTON WAS
ABSOLUTELY RIGHT WHEN HE
SAID THAT IF THE HOUSE
DEFEATS NAFTA ON NOVEMBER
17, THEN THE FINANCE
MINISTERS OF JAPAN AND
43
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GERMANY SHOULD BE IN
MEXICO CITY ON NOVEMBER 18,
TO TAKE ADVANTAGE OF THE
OPPORTUNITY THAT AMERICA
WILL HAVE PASSED UP.
AS YOU MAY KNOW, THE
PRESIDENT'S PROBLEM WITH
NAFTA IS NOT WITH
REPUBLICANS--BUT WITH
MEMBERS OF HIS OWN PARTY .
. 44
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AND A FEW MONTHS WENT BY
BEFORE THE PRESIDENT WAS
WILLING TO SHOW LEADERSHIP
AND TAKE ON THOSE
DEMOCRATS WHO OPPOSE
NAFTA. OVER THE PAST FEW
WEEKS, PRESIDENT CLINTON
HAS STEPPED UP TO THE PLATE
AND PROVIDED MORE VOCAL
LEADERSHIP. BUT, HE MUST
45
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KEEP UP THE PRESSURE FOR
NAFTA TO PASS. IT'S GOING TO
BE VERY CLOSE.
OUR OTHER TRADING
PARTNERS WILL BE WATCHING
THIS VOTE VERY CLOSELY.
ALLOWING NAFTA TO FAIL
COULD CONVINCE THEM THAT
THEIR BEST COURSE IS TO
ABANDON THE URUGUAY ROUND
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OF THE GATT, AND HEAD FOR
THE SAFETY OF CLOSED
TRADING BLOCS. IF THE
URUGUAY ROUND FAILS, IT
COULD BE YEARS BEFORE OUR
TRADING PARTNERS WILL BE
WILLING TO ENTER ANOTHER
ROUND OF NEGOTIATIONS ON
SUCH A BROAD RANGE OF NEW
TRADE RULES.
47
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FOREIGN AFFAIRS
LET ME TALK FOR JUST A
MINUTE ABOUT FOREIGN
AFFAIRS. CANDIDATE CLINTON
WENT THROUGH THE ENTIRE
CAMPAIGN WITHOUT SAYING
MUCH ABOUT FOREIGN AFFAIRS.
THE FUNNY THING ABOUT
PRESIDENTS IS THAT WHILE
THEY MAY HAVE A LOT OF
48
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POWER, THEY DON'T HAVE THE
POWER TO CONTROL WORLD
EVENTS.
THE PAST FEW MONTHS HAVE
SERVED AS A PAINFUL
REMINDER TO THE AMERICAN
PEOPLE THAT FOREIGN POLICY
IS IMPORTANT. I FIND IT IRONIC
THAT IN AN ADMINISTRATION
SUPPOSEDLY DEDICATED TO
49
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SECURITY, THERE HAS BEEN A
NOTICEABLE LACK OF
LEADERSHIP ON ISSUES
RELATING TO THE MOST
IMPORTANT SECURITY OF ALL--
NATIONAL SECURITY.
IN PLACES LIKE SOMALIA,
BOSNIA, AND HAITI, WE'VE SEEN
AN ADMINISTRATION THAT IS
ALL TOO WILLING TO ABDICATE
50
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THE MANTLE OF LEADERSHIP TO
BOUTROS BOUTROS GHALI AND
THE UNITED NATIONS. l'M NOT
QUITE SURE THAT THIS
ADMINISTRATION UNDERSTANDS
THE UNITED STATES OF
AMERICA IS THE WORLD'S ONLY
REMAINING SUPERPOWER. AND
WHILE WE DON'T WANT TO BE
THE WORLD'S COP, WE DO HAVE
51
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TO ACCEPT THE FACT THAT WE
DO HAVE SOME
RESPONSIBILITIES. AND ONE OF
THOSE RESPONSIBILITIES IS
PROVIDING LEADERSHIP THAT
ONLY THE UNITED STATES CAN
PROVIDE.
SMALL BUSINESS
IN CONCLUSION I WOULD LIKE
TO LOOK AHEAD AND MAKE A
52
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FEW COMMENTS ABOUT
AMERICA'S FUTURE.
THERE AREN'T ANY SMALL
BUSINESSES REPRESENTED
HERE TODAY. BUT, IT IS
IMPORTANT TO REMEMBER
THAT, ONCE UPON A TIME,
EVERY FORTUNE 500 COMPANY
WAS JUST AN IDEA. THAT IDEA - ... BECAME A START-UP VENTURE,
53
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THEN A SMALL GROWING
BUSINESS ... WITH A LITTLE
LUCK AND A LOT OF HARD
WORK, YOU AND YOUR
PREDECESSORS HELPED YOUR
COMPANIES CLIMB THE LADDER
OF SUCCESS, CREATING
THOUSANDS AND THOUSANDS
OF JOBS ALONG THE WAY.
54
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EACH PERSON HERE IS AN
AMERICAN SUCCESS STORY.
YOU ARE LIVING PROOF OF THE
AMERICAN DREAM. FOR
AMERICA TO LEAD THE WORLD
INTO THE TWENTY-FIRST
CENTURY, IT IS IMPORTANT
THAT ALL OF US WORK TO KEEP
THE AMERICAN DREAM ALIVE.
TO DO THAT, WE NEED TO
55
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ENCOURAGE THOSE WITH
GOOD, INNOVATIVE IDEAS TO
PURSUE THE AMERICAN DREAM-
•TO TAKE THE CHANCE AND TRY
TO MAKE THEIR VISION A
REALITY. WHO KNOWS? THEY
MIGHT START A BUSINESS THAT
COULD EVENTUALLY BECOME A
FORTUNE 500 COMPANY.
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THANK YOU, AND l'D BE
HAPPY TO RESPOND TO
QUESTIONS OR COMMENTS.
57
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. •·• .. -A10 SATURDAY, NOVEMBER6, 1993 ...... ,,., EDITC
!Jlic)Jmonb Simts-ltispatclJ VIRGINIA'S NEWS LEADER ------T------.Qccasional Republican Senator John Warner's refusal to endorse fellow Republican Michael Farris for ' Lieutenant Governor may not have been the decisive factor in his defeat Tqe$day, but surely it hurt. Farris and his supporters are justified in being incensed al:>out the Senator's aloofness. time 1 • But they shouldn't have been all that surprised. This is not the first Warner has distanced himself at a critical moment from the party that put him 'wµere he is. , ~ Many Virginians will recall with bitterness that Warner abandoned Republi- can President Ronald Reagan and joined Senate liberals in voting against Supreme Court nominee Robert Bork, a distinguished conserva- tive jurist well qualified to sit on the nation's highest bench. Bork was the victim of a barrage of disgusting distortions that portayed him as a right-wing ogre who constituted a grave threat to the Republic. When Republican President George Bush pro- posed former Senator John Tower for Secretary of Defense, Warner wavered. In the end, he supported Tower, but not until he had joined Democratic Senator Sam Nunn in subjecting the nominee to a prolonged hearing process featuring vicious and often fabricated personal charges against the nominee. Like Bork, ~ , Tower eventually lost. )IV.amer Indeed, Warner often has seemed to be more eager to please Nunn and other Democrats than he has been to build up his own party. He has gone out of his way to praise Democratic Senator Chuck Robb, his He once called Robb "an industrious, creative, and Syr junior colleague from Virginia. No hard-working Senator ... " At another time, he dissuaded state Republicans from adopting a series of anti-Robb resolutions. Such lavish praise for Robb from ED ' ~. Virginia's leading Republican elected official obviously dampened his party's Senator at the polls. ha" · enthusiasm for opposing the Democratic in! ~ Nobody should expect a conscientious politician to be so partisan that he th would labor for the election of an incompetent or unsavory candidate. Obviously Ri Warner faced no such problem with Farris, a man of great intelligence and lt unimpeachable character. What turned Warner off was Farris' espousal of the social Sl fundamentalist Christians. at conservatism that happens to be favored by m But if the party system is to work, no political leader can insist on supporting a 'op.ly those candidates whose views are a duplicate of his own. He must be willing to tl compromise within reason, even if it is only to agree to make a pro forrna R . endorsement. Warner wouldn't do even that for Farris. He remained silent as e , , Lieutenant Governor Donald Beyer, Jr., the Democratic candidate, resorted to malicious distortions of Farris' views in one of the meanest campaigns in Virginia's modem political history. If this were Warner's only defection, his party could be more forgiving. But it is part of a pattern - from Reagan to Bush to Farris. In short, he appears to be an occasional Republican. Eventually, this could prove to be not good enough for most otber members of the party.
• 1' T
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TO: Senator Dole rn: ~cy RE: Fortune 500 Forum Saturday, November 6 Richmond, Virginia
*This is the 3rd annual Fortune 500 Forum, which brings together 200-250 of the top CEO's in the country, their spouses, and editorial staff from Fortune Magazine.
*This year's program is entitled "New Ideas For Leadership," and features three days of seminars and guest speakers.
*Thursday's speaker is Ira Magaziner. Friday is Lloyd Bentsen, Robert Rubin, and Mikhail Gorbachev.
*David Gergen speaks on Saturday morning, and you are final guest speaker of the conference.
*They are looking for your insights into the economy, health care, NAFTA, and any other issues on your mind. Your remarks will be followed by Q&A.
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1993 FORTUNE 500 FORUM: FINAL AGENDA 10/29/93
Thursday, November 4, 1993
10:00 AM - 11:00 PM CONFERENCE REGISTRATION The Jefferson Hotel Lobby
6:00 PM DEPARTURE FOR THE DINNER
6:30 - 7:30 PM WELCOMING RECEPTION The Tre4i9ar Irons Works
7:30 - 10:00 PM OPENING NIGHT DINNER The Tredigar Irons works
welcome: The Honorable Douglas Wilder Governor state of Virginia speaker: Ira Magaziner senior Advisor to the President for Policy Development
Friday, November 5
7:00 - 7:45 AM BREAKFAST
8:00 - 9:15 AM TRANSFORMING THE ENTERPRISE ••• AND WINNING (Part 1) Jefferson Hotel Ballroom Moderator: Ann Morrison Executive Editor FORTUNE speakers: John F. Welch Jr. Chairman & CEO General Electric Company
La~renoe Bossidy Chairman & CEO Alliedsignal Inc.
9:15 -9:30 AM BREAK
1
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Friday. November 5
9:30 - 10:45 AM CORPORATE CULTURE AS A COMPETITIVE ADVANTAGE
Moderator: Geoffrey Colvin Assistant Managing Editor FORTUNE speakers:
Roberto Goizeuta Chairman and CEO The Coca-Cola Company
Irvine Hockaday President and CEO Hallmark Cards, Inc.
Herbert Kelleher Chairman, President and CEO Southwest Airlines Co.
10:45 - 11:30 AM Speaker: The Honorable Lloyd Bentsen Secretary of the Treasury
Introduction: Donald Logan President and COO Time Inc.
11:30 - 12:15 PM TRANSFER TO ST PAUL 1 S EPISCOPAL CHURCH 12:15 - 1:45 PM LUNCH St Paul's Episcopal Church
Moderator: Richard I. Kirkland Jr. senior Editor FORTUNE
Speaker: Robert E. Rubin Assistant to the President for Economic Policy
1:45 - 2:00 PM TRANSFER TO STATE CAPITOL 1 HOUSE OF DELEGATES CHAMBER
2
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Friday. November 5 (cont'd}
2:00 - 3:00 PM WHERE THE NEW TECHNOLOGIES ARE TAKING US state capitol House of Delegates Chamber
Moderator: Marshall Loeb Managing Editor FORTUNE Speakers:
Gerald M. Levin Chairman, President & CEO Time Warner Inc. Ellen Hancock Senior vice President and General Manager IBM Networking systems - IBM William Weiss Chairman and CEO Ameritech
3:00 - 4:00 PM THE ORGANIZATION OF TOMORROW Moderator: John Huey Senior Editor FORTUNE Speakers:
Michael Dell Chairman and CEO Dell Computer Corp. Bernard Marcus Chairman and CEO Home Depot Inc. Lynn Williams International President United steelworkers of America
3
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Friday, November 5 (cont 1 d)
4:00 - 4:15 Transfer to hotel 4:15 - 6:00pm Free time 6:00pm - 7:30pm Reception
SPEAKER: Mikhail S. Gorbachev Former President of the u.s.s.R.
8:00pm Dinners at Private Homes
lO:OOpm Return to hotel
Saturday, November 6
7:00 - 8:00 AM BREAKFAST The Jefferson Hotel Ballroom
8:15 - 9:00 AM SPEAKER: The Honorable David R. Gergen counselor to the President INTRODUCTION: Ann Reilly Dowd Washington Bureau Chief FORTUNE
4
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Saturday, November 6 9:00 - 10:15 AM TRANSFORMING THE ENTERPRISE •• AND WINNING (Part 2) The Think Tank Jefferson Hotel Ballroom
Moderator-: Allan Demaree Executive Editor FORTUNE
Confirmed Speakers:
Robert Eaton Chairman and CEO Chrysler Corp.
Wayne Calloway Chairman and CEO Pepsico. Inc.
10:15 - 10:30 AM BREAK
10:30 - 12:00 PM CHIEF EXECUTIVE WORK SESSIONS Facilitators:
t Noel Tichy Professor of Human Resource Management University of Michigan & Stratford Sherman Board of Editors FORTUNE
+ Ram Charan Managemen~ Consultant
+ C.K. Prahalad Professor University of Michigan School of Business
• F. Warren McFarlan Professor of Business Administration Harvard Business School
5
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Saturday, November 6 12:15 - 2:00 PM LUNCHEON Jefferson Hotel Rotunda
Keynote Speaker: The Honorable Robert Dole Senate Republican Leader and U.S. Senator from Kansas Introduction: Reginald K. Brack Jr. Chairman and CEO Time Inc.
2:00 PM CONCLUDING REMARKS
Marshall Loeb Managing Editor FORTUNE
James B. Hayes Publisher FORTUNE
6
I tt l!M-3& 15 . ••--- Page 64 of 65 This document is from the collections at the Dole Archives, University of Kansas http://dolearchives.ku.edu
THE 1 9 9 3
NEW or LEADERSHIP
NOVEMBER 4-6, 1993 • RICHMOND, VIRGINIA
This document is held by the Dole Archives, but it has not been scanned in its entirety. If you would like more information, please contact us at [email protected].
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