https://www.cnbc.com/2019/07/09/bil...ntial-candidate-ross-perot-is-dead-at-89.html
PoliticsBillionaire and former presidential candidate Ross Perot dies at 89
Published 5 hours agoUpdated an hour ago
Kevin Breuninger@KevinWilliamB
Key Points
watch now
VIDEO02:35
Billionaire and former presidential candidate Ross Perot dies at 89
Billionaire businessman, philanthropist and independent presidential candidate Ross Perot is dead at 89, CNBC has confirmed.
Perot, who ran for president in 1992 and 1996, died after a five-month battle with leukemia, said James Fuller, a representative for the Perot family.
“In business and in life, Ross was a man of integrity and action. A true American patriot and a man of rare vision, principle and deep compassion, he touched the lives of countless people through his unwavering support of the military and veterans and through his charitable endeavors,” Fuller said in a statement.
Perot is survived by his wife, Margot, his five children and 16 grandchildren.
This 1992 file photo shows presidential hopeful H. Ross Perot at a rally in Austin, Texas.
AP
Perot was an early tech entrepreneur. He started his career in sales at IBM, where he excelled. In 1962, he founded his first company, Electronic Data Systems, with just $1,000 in savings. More than two decades later, he launched information technology services provider Perot Systems, which was acquired in 2009 by Dell for $3.9 billion.
As a disruptive third-party candidate for president, Perot ran on a platform of fiscal responsibility and protectionism. He won nearly 19% of the vote in the 1992 race — by far the biggest slice of the electorate for a third-party candidate since Theodore Roosevelt’s Bull Moose Party in the 1912 election.
1968: American businessman H. Ross Perot holding a business machine manufactured by his company, Electronic Data Systems, Dallas, Texas.
Shel Hershorn | Getty Images
Perot stood out from the political crowd for his quirks as much as his business credentials and lack of experience in establishment politics. “I don’t have any experience in running up a $4 trillion debt. I don’t have any experience in gridlock government, where nobody takes responsibility for anything and everybody blames everybody else,” he said in a 1992 presidential debate. The shifting of U.S. jobs to Mexico created a “giant sucking sound,” he famously said during the campaign.
Perot participated in all three presidential debates in that election, and took a nontraditional campaign route by booking lengthy time slots on network television to lay out his political views.
He was “certainly the most influential political force in the late 20th century from outside the regular party system,” said Allan Lichtman, distinguished professor of history at American University.
Lichtman told CNBC he had been tapped to write a biography of Perot, and Lichtman had agreed. But “quirky Ross Perot, just like he pulled out of the presidential race, he pulled out of the biography,” Lichtman said.
Perot was a veteran, and followed his service with a lifetime commitment to supporting U.S. veterans, especially during the Vietnam War. He was honored in 2009 by then-Veterans Affairs Secretary James Peake for his advocacy efforts.
Presidential candidate Ross Perot speaks during the 1992 Presidential Debates.
Wally McNamee | Corbis Historical | Getty Images
Perot’s death led to an outpouring of warmth from figures in the political world.
Vice President Mike Pence tweeted that Perot was “a true patriot and a steadfast support of our military.”
Former President George W. Bush said in a statement to NBC News that “Texas and America have lost a strong patriot” in Perot.
“Ross Perot epitomized the entrepreneurial spirit and the American creed. He gave selflessly of his time and resources to help others in our community, across our country, and around the world. He loved the U.S. military and supported our service members and veterans. Most importantly, he loved his dear wife, children, and grandchildren. Laura and I send our heartfelt condolences to the entire Perot family as they celebrate a full life,” Bush said.
Former Vice President Al Gore said that he “always had the utmost respect for Ross Perot, for his patriotism, love of country, and extraordinary commitment to our veterans. I send my deepest condolences to his family and to everyone who loved and admired him.”
In his final interview with the Dallas News in 2016, Perot shrugged off a question about his legacy, saying “Aw, I don’t worry about that.”
His parting words in that interview, however, were well considered: “Texas born. Texas bred. When I die, I’ll be Texas dead. Ha!”
He died at his home in Dallas, in the company of his family.
— CNBC’s Tucker Higgins contributed to this report.
https://www.cnbc.com/2019/07/09/tom...es-mind-and-decides-to-run-for-president.html
Billionaire anti-Trump activist Tom Steyer enters 2020 race with pledge to spend $100 million
Published Tue, Jul 9 2019 9:07 AM EDTUpdated an hour ago
Tucker Higgins@tuckerhiggins
Brian Schwartz@schwartzbCNBC
Key Points
Anti-Trump Billionaire Tom Steyer hosts a town hall meeting on December 4, 2018 in Charleston, South Carolina. Steyer, founder of NextGen America and Need to Impeach, is testing the waters for a 2020 presidential run.
Sean Rayford | Getty Images
Billionaire activist Tom Steyer said Tuesday that he will run for president in 2020, entering the crowded Democratic field late in the race with a pledge to focus on climate change and reforming the political system.
In a video, the Democratic megadonor, who has funneled millions of dollars into pushing for the impeachment of President Donald Trump, reversed his decision announced earlier this year not to run.
“If we can reduce the influence of corporate money in our democracy, and start to address the devastating impacts of climate change, we can unlock the full potential of the American people and finally solve the many challenges facing our country,” Steyer said in a statement accompanying the video.
“The other Democratic candidates for President have many great ideas that will absolutely move our country forward, but we won’t be able to get any of those done until we end the hostile corporate takeover of our democracy,” he said.
watch now
VIDEO04:06
Democratic mega-donor Tom Steyer on Trump’s infrastructure plan
Steyer’s entrance into the race is likely to shake up the primary field, in no small part because of the vast sums of money at his disposal. The former hedge fund manager will spend at least $100 million on his presidential campaign, spokesman Alberto Lammers said.
But Steyer’s late entrance will pose some difficulties. To qualify for the Democratic debates at the end of the month, Steyer will have to receive donations from at least 65,000 unique donors and poll at 1% or higher in three qualifying polls in the next week — a virtual impossibility. To qualify for the third debates, in September, Steyer will have to hit 2% in four polls and hit 130,000 unique donors.
Steyer’s announcement comes one day after the first prominent dropout from the Democratic contest. On Monday, California Rep. Eric Swalwell, who appeared at the first Democratic debate, said he will instead run for reelection to the House of Representatives, in part because of low polling and fundraising numbers.
Steyer is one of the most prolific donors to Democratic campaigns. Along with his wife Kathryn, Steyer is ranked second in all-time lifetime political donations, according to the Center for Responsive Politics. The two ranked third in the 2018 midterms, according to the group.
As part of his presidential bid, Steyer said he was resigning his leadership positions at NextGen America, a progressive advocacy group that mobilizes young voters, and Need to Impeach.
Heather Hargreaves, a longtime Steyer advisor who led NextGen America, will serve as campaign manager, according to Lammers, the Steyer spokesman. Lammers added that the campaign is in the process of building out a staff. In the coming weeks, Steyer will travel to campaign kickoff events in Iowa, New Hampshire, South Carolina, Ohio and California, he said.
The GOP wasted no time in attacking the newest entrant in the race to take on Trump.
“The only thing Steyer’s campaign will do is light more of his money on fire as he joins the rest of the 2020 Democrat field in pushing policies that are way outside the mainstream,” Republican National Committee spokesman Steve Guest said in a statement.
Tim Murtaugh, communications director for Trump’s 2020 campaign, said in a statement, “It doesn’t say much for the whole Democrat field that the number one Democrat donor took a look around and decided that there’s no one he can support.”
Steyer’s announcement comes amid a unionization battle at NextGen America.
On Monday, staffers working at the group said in a press release that management had “stalled, interfered, and interrogated workers” during the unionization process.
In a statement, a NextGen spokesperson said leadership supported the union, and noted, “Once a third party shows majority support from the NextGen Field Staff Union, we will voluntarily recognize that third party as the union’s representative.”
— CNBC’s Kevin Breuninger contributed to this report.
by Taboola
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PoliticsBillionaire and former presidential candidate Ross Perot dies at 89
Published 5 hours agoUpdated an hour ago
Kevin Breuninger@KevinWilliamB
Key Points
- Billionaire philanthropist and independent presidential candidate Ross Perot is dead at 89, CNBC has confirmed.
- Perot, who ran for president in 1992 and 1996, died after a five-month battle with leukemia, a representative for the Perot family said.
- Perot was an early tech entrepreneur who founded his first company, Electronic Data Systems, in 1962 with $1,000 in savings.
watch now
VIDEO02:35
Billionaire and former presidential candidate Ross Perot dies at 89
Billionaire businessman, philanthropist and independent presidential candidate Ross Perot is dead at 89, CNBC has confirmed.
Perot, who ran for president in 1992 and 1996, died after a five-month battle with leukemia, said James Fuller, a representative for the Perot family.
“In business and in life, Ross was a man of integrity and action. A true American patriot and a man of rare vision, principle and deep compassion, he touched the lives of countless people through his unwavering support of the military and veterans and through his charitable endeavors,” Fuller said in a statement.
Perot is survived by his wife, Margot, his five children and 16 grandchildren.
This 1992 file photo shows presidential hopeful H. Ross Perot at a rally in Austin, Texas.
AP
Perot was an early tech entrepreneur. He started his career in sales at IBM, where he excelled. In 1962, he founded his first company, Electronic Data Systems, with just $1,000 in savings. More than two decades later, he launched information technology services provider Perot Systems, which was acquired in 2009 by Dell for $3.9 billion.
As a disruptive third-party candidate for president, Perot ran on a platform of fiscal responsibility and protectionism. He won nearly 19% of the vote in the 1992 race — by far the biggest slice of the electorate for a third-party candidate since Theodore Roosevelt’s Bull Moose Party in the 1912 election.
1968: American businessman H. Ross Perot holding a business machine manufactured by his company, Electronic Data Systems, Dallas, Texas.
Shel Hershorn | Getty Images
Perot stood out from the political crowd for his quirks as much as his business credentials and lack of experience in establishment politics. “I don’t have any experience in running up a $4 trillion debt. I don’t have any experience in gridlock government, where nobody takes responsibility for anything and everybody blames everybody else,” he said in a 1992 presidential debate. The shifting of U.S. jobs to Mexico created a “giant sucking sound,” he famously said during the campaign.
Perot participated in all three presidential debates in that election, and took a nontraditional campaign route by booking lengthy time slots on network television to lay out his political views.
He was “certainly the most influential political force in the late 20th century from outside the regular party system,” said Allan Lichtman, distinguished professor of history at American University.
Lichtman told CNBC he had been tapped to write a biography of Perot, and Lichtman had agreed. But “quirky Ross Perot, just like he pulled out of the presidential race, he pulled out of the biography,” Lichtman said.
Perot was a veteran, and followed his service with a lifetime commitment to supporting U.S. veterans, especially during the Vietnam War. He was honored in 2009 by then-Veterans Affairs Secretary James Peake for his advocacy efforts.
Presidential candidate Ross Perot speaks during the 1992 Presidential Debates.
Wally McNamee | Corbis Historical | Getty Images
Perot’s death led to an outpouring of warmth from figures in the political world.
Vice President Mike Pence tweeted that Perot was “a true patriot and a steadfast support of our military.”
Former President George W. Bush said in a statement to NBC News that “Texas and America have lost a strong patriot” in Perot.
“Ross Perot epitomized the entrepreneurial spirit and the American creed. He gave selflessly of his time and resources to help others in our community, across our country, and around the world. He loved the U.S. military and supported our service members and veterans. Most importantly, he loved his dear wife, children, and grandchildren. Laura and I send our heartfelt condolences to the entire Perot family as they celebrate a full life,” Bush said.
Former Vice President Al Gore said that he “always had the utmost respect for Ross Perot, for his patriotism, love of country, and extraordinary commitment to our veterans. I send my deepest condolences to his family and to everyone who loved and admired him.”
In his final interview with the Dallas News in 2016, Perot shrugged off a question about his legacy, saying “Aw, I don’t worry about that.”
His parting words in that interview, however, were well considered: “Texas born. Texas bred. When I die, I’ll be Texas dead. Ha!”
He died at his home in Dallas, in the company of his family.
— CNBC’s Tucker Higgins contributed to this report.
https://www.cnbc.com/2019/07/09/tom...es-mind-and-decides-to-run-for-president.html
Billionaire anti-Trump activist Tom Steyer enters 2020 race with pledge to spend $100 million
Published Tue, Jul 9 2019 9:07 AM EDTUpdated an hour ago
Tucker Higgins@tuckerhiggins
Brian Schwartz@schwartzbCNBC
Key Points
- Billionaire activist Tom Steyer said Tuesday that he will run for president in 2020, entering the crowded Democratic field late in the race with a pledge to focus on climate change and reforming the political system.
- In a video, the Democratic megadonor, who has funneled millions of dollars into pushing for the impeachment of President Donald Trump, reversed his decision announced earlier this year not to run.
- Steyer’s entrance into the race is likely to shake up the primary field, in no small part because of the vast sums of money at his disposal. The former hedge fund manager will spend at least $100 million on his presidential campaign, spokesman Alberto Lammers said.
Anti-Trump Billionaire Tom Steyer hosts a town hall meeting on December 4, 2018 in Charleston, South Carolina. Steyer, founder of NextGen America and Need to Impeach, is testing the waters for a 2020 presidential run.
Sean Rayford | Getty Images
Billionaire activist Tom Steyer said Tuesday that he will run for president in 2020, entering the crowded Democratic field late in the race with a pledge to focus on climate change and reforming the political system.
In a video, the Democratic megadonor, who has funneled millions of dollars into pushing for the impeachment of President Donald Trump, reversed his decision announced earlier this year not to run.
“If we can reduce the influence of corporate money in our democracy, and start to address the devastating impacts of climate change, we can unlock the full potential of the American people and finally solve the many challenges facing our country,” Steyer said in a statement accompanying the video.
“The other Democratic candidates for President have many great ideas that will absolutely move our country forward, but we won’t be able to get any of those done until we end the hostile corporate takeover of our democracy,” he said.
watch now
VIDEO04:06
Democratic mega-donor Tom Steyer on Trump’s infrastructure plan
Steyer’s entrance into the race is likely to shake up the primary field, in no small part because of the vast sums of money at his disposal. The former hedge fund manager will spend at least $100 million on his presidential campaign, spokesman Alberto Lammers said.
But Steyer’s late entrance will pose some difficulties. To qualify for the Democratic debates at the end of the month, Steyer will have to receive donations from at least 65,000 unique donors and poll at 1% or higher in three qualifying polls in the next week — a virtual impossibility. To qualify for the third debates, in September, Steyer will have to hit 2% in four polls and hit 130,000 unique donors.
Steyer’s announcement comes one day after the first prominent dropout from the Democratic contest. On Monday, California Rep. Eric Swalwell, who appeared at the first Democratic debate, said he will instead run for reelection to the House of Representatives, in part because of low polling and fundraising numbers.
Steyer is one of the most prolific donors to Democratic campaigns. Along with his wife Kathryn, Steyer is ranked second in all-time lifetime political donations, according to the Center for Responsive Politics. The two ranked third in the 2018 midterms, according to the group.
As part of his presidential bid, Steyer said he was resigning his leadership positions at NextGen America, a progressive advocacy group that mobilizes young voters, and Need to Impeach.
Heather Hargreaves, a longtime Steyer advisor who led NextGen America, will serve as campaign manager, according to Lammers, the Steyer spokesman. Lammers added that the campaign is in the process of building out a staff. In the coming weeks, Steyer will travel to campaign kickoff events in Iowa, New Hampshire, South Carolina, Ohio and California, he said.
The GOP wasted no time in attacking the newest entrant in the race to take on Trump.
“The only thing Steyer’s campaign will do is light more of his money on fire as he joins the rest of the 2020 Democrat field in pushing policies that are way outside the mainstream,” Republican National Committee spokesman Steve Guest said in a statement.
Tim Murtaugh, communications director for Trump’s 2020 campaign, said in a statement, “It doesn’t say much for the whole Democrat field that the number one Democrat donor took a look around and decided that there’s no one he can support.”
Steyer’s announcement comes amid a unionization battle at NextGen America.
On Monday, staffers working at the group said in a press release that management had “stalled, interfered, and interrogated workers” during the unionization process.
In a statement, a NextGen spokesperson said leadership supported the union, and noted, “Once a third party shows majority support from the NextGen Field Staff Union, we will voluntarily recognize that third party as the union’s representative.”
— CNBC’s Kevin Breuninger contributed to this report.
by Taboola
Sponsored Links
You May Love
A Simple Fix For Snoring And Sleep ApneaPurch Expert
Banking and financial professionals continue to be in high demand, on th…efinancialcareers
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