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00:00America is going to be very rich again, and it's going to happen very quickly.
00:04It's time for the United States to return to the system that made us richer and more
00:08powerful than ever before.
00:09Do you know, the United States in 1870 to 1913, all tariffs, and that was the richest
00:16period in the history of the United States, relatively speaking, in other words, relatively.
00:22And we they set up the Great Tariff Commission of 1887.
00:29And this commission had one function, what to do with all the money that we took in.
00:35It was so enormous that they had no idea it was a blue ribbon committee was set up 1887
00:41and what to do with all of the money that we had.
00:44And again, Teddy Roosevelt was a beneficiary because when McKinley was killed, he took
00:51over this vast sum of money.
00:53And he did all of those national parks and all of the other things.
00:57And I'm not knocking him, but he was given a vast amount of money.
01:01And that was all made through tariffs as we had no income tax.
01:04The income tax came in in 1913.
01:07As I said in my speech last week, instead of taxing our citizens to enrich foreign nations,
01:12we should be tariffing and taxing foreign nations to enrich our citizens.
01:17Does that make sense?
01:18Right.