If the United States is to protect itself from the economic and the political threats created by this excessive dependence, we must reduce our reliance on foreign energy sources and on foreign oil as quickly and as efficiently as possible.
Pull in your belt, spend less, and reduce debt.
You can see our media appearances as well as connect to Our Power to the People Agenda, Our Green New Deal, our plan to abolish student debt and our plan to actually create a whole new foreign policy based on international law and human rights.
I was living in the U.K. I was back in New Zealand for the New Zealand Music Awards, which is like our annual New Zealand GRAMMYs.
Serious people need to work hard to reduce the debt, reduce taxes, and slash regulation on the small businesses and families that are the lifeblood of new jobs and innovation in our state.
My hope is that we continue to do an even better job in terms of our nation's energy policy, so that we may even further reduce our reliance on foreign sources of oil and take better care of our environment in the process.
Well, for starters, we have to do more to create demand for new technologies that can reduce our dependence on foreign oil and environmental degradation.
Small wonder our national spirit is husk empty. We have more information but less knowledge. More communication but less community. More goods but less goodwill. More of virtually everything save that which the human spirit requires. So distracted have we become sating this new need or that material appetite, we hardly noticed the departure of happiness
Plus, 40% of our debt is owned by foreign interest. I can't support a plan that passes along cost burden to our children and makes us more reliant on foreign dollars.
I think the main message is that world rugby needs New Zealand and New Zealand needs world rugby.
Most of us owe instead of own. And the less the economy needs our labor, the less able we are to "save" our way to capital ownership.
I do believe that India needs a lot more foreign direct investment than we've got, and we should have the ambition to move in the same league many other countries in our neighborhood are moving. We may not be able to reach where the Chinese are today, but there is no reason why we should not think big about the role of foreign direct investment, particularly in the areas relating to infrastructure, where our needs for investment are very large. We need new initiatives, management skills, and I do believe that direct foreign investment can play a very important role.
Our people work more, earn more, spend more. Here they work less, gain less, and spend less, but they are happy! That's what I think. Also, I haven't seen people here drink much, unlike Kerala, where it's almost like bread and coffee for them!
We stand for self-reliance. We hope for foreign aid but cannot be dependent on it; we depend on our own efforts, on the creative power of the whole army and the entire people.
I hope that the United States would cooperate with the partners to reduce its debt. The debt is a problem. The debt is with you, but unfortunately, the debt is not only with you but with us and with the rest of the world because we all, one way or another, are dependent on the dollar.
So we are in for years of debt deflation. That means that people have to pay so much debt service for mortgages, credit cards, student loans, bank loans and other obligations
that they have less to spend on goods and services. So markets shrink. New investment and employment fall off, and the economy is falls into a downward spiral.