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Federal Express - Memphis 3/5/92 [OA 6098]
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Federal Express - Memphis 3/5/92 [OA 6098]
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Originally Processed With FOIA(s):
FOIA Number:
S
S
FOIA
MARKER
This is not a textual record. This is used as an
administrative marker by the George Bush Presidential
Library Staff.
Record Group/Collection:
George H.W. Bush Presidential Records
Collection/Office of Origin:
Speechwriting, White House Office of
Series:
Speech File Draft Files
Subseries:
Chron File, 1989-1993
OA/ID Number:
13609
Folder ID Number:
13609-005
Folder Title:
Federal Express - Memphis 3/5/92 [OA 6098]
Stack:
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Section:
Shelf:
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G
26
17
7
3
UJ George Bush, 1992 / Mar. 5
409
And I ask for your support to help keep
get back for a great big Super Tuesday. But
our Party strong and united. I want to be
show them what we can do on Saturday. And
your President for 4 more years. I will try
thank you for this great Governor at my side.
my level best to continue to lead this country
Thank you all.
with honor, with decency, with respect for
the principles that all of us hold dear.
Note: The President spoke at 1:10 p.m. at
Barbara and I are very, very privileged,
Columbia Metropolitan Airport. In his re-
and we know it. Every single day we live in
marks, he referred to Governor Carroll
that White House we know that we are
Campbell. A tape was not available for ver-
amongst the most privileged in the world to
ification of the content of these remarks.
be able to serve in this way. I'm going to
n
continue to try my hardest. I'm going to con-
d
tinue to do my level best for the people of
this country. I ask for your support.
Remarks to Federal Express
Thank you, and may God bless the greatest
Employees in Memphis, Tennessee
country on the face of the Earth. Thank you
March 5, 1992
very much.
[At this point, Richard Sendler presented the
Thank you so very much. Thank you so
much for that enthusiastic welcome. And
President with an oversize hammer.]
thank you to my friend, Howard Baker, one
Thank you all very, very much. I'll take
of the great leaders in the United States Sen-
this and flee and bring it to bear next week
ate in all of its history. Thank you for the
on the Congress. Thanks a lot.
introduction, Howard. And may I salute Con-
gressman Don Sundquist, who has been at
Note: The President spoke at 10:37 a.m. at
my side in the political wars, a good friend,
South Carolina State Fair Grounds. In his
a great Congressman. And I'm delighted to
remarks, he referred to Richard Sendler,
be here at Federal Express, 1990 Malcolm
president of the South Carolina Home Build-
Baldrige Quality Award winner, a national
ers Association; Charles Newman, first vice
winner.
president of the Home Builders Association
My staff told me they weren't sure they
of Greater Columbia; Mike McMichael,
could fit this stop in our schedule. But when
president of the Home Builders Association
I said it was a "Fred said," I knew we had
of South Carolina; and Dottie Lafitte-
to do it and fast. Fred, thank you. You know,
Woolston, BUILD-PAC trustee.
Fred Smith has always been very, very gener-
ous. And Fred, it's good to know that if Air
Force One ever has a problem, I can always
ride in the jump seat. And I hope I don't
Remarks Upon Departure From
forget the cookies. And you know what that
Columbia, South Carolina
means.
March 5, 1992
The people of Memphis, indeed, all Amer-
icans, face a momentous decision this year.
Hey, listen, let me just ask you now to go
And I would never presume to tell you how
out and be sure to vote on Saturday and send
to vote; it must be between you and your
the rest of the Super Tuesday States a strong
conscience: Which Elvis should be on the
message: I want to be your President for 4
postage stamp? I noticed the sign.
more years. So give me that vote. And thanks
And, really, it is a delight to be in this State
for your fantastic support, and don't let all
because the people of Tennessee believe in
the doomsayers get you down. I love this
big things, and we agree on the values that
South Carolina optimism, the South Carolina
are closest to our hearts. And I'm talking
pride, the South Carolina patriotism.
about job security. I'm talking about family.
So thanks for this warm welcome.. Now
I'm talking about world peace for us and our
we're off to Tennessee, Oklahoma, Mis-
children and for our families for generations
sissippi, Louisiana, and then we're going to
to come.
410
Mar. 5 / Administration of George Bush, 1992
Administration
I'm here today because the people in
blinds; bolt the doors. Maybe the world will
you all unders
Memphis, as well as people at Federal Ex-
go away." And they push protectionism, an
For the first
press, embody the values that have made
ugly word that really means surrender. Don't
with 32 small
America number one in the world. And I
be fooled by the tough talk and the patriotic
was inhibited
know that with leaders like you, America will
political bluster out there. Protectionism
And deregula
stay number one. Don't listen to the gloom
comes from fear, fear that Americans can't
more planes, la
and doom pessimists on that evening news
compete, fear that Americans have no ideas
literally, Fede
every night. You don't shrink from a chal-
and no foresight, fear that America can no
regulatory bu
lenge, whether in the marketplace or in the
longer lead. And let those skeptics come to
backs. And so
world at large. Think back to a year ago.
Memphis, Tennessee, and let them come to
economy natic
Think back to Operation Desert Storm.
Federal Express and see what it really is
of overregulati
America faced a great challenge then, and
about. And maybe then they'll understand
And also t]
Tennessee met it proudly. More than 6,000
what you and I already know; Americans here
minds of the P
Tennesseans served their country as reserv-
and across our country can outthink, out-
that means refc
ists of the National Guard. And Fed Ex flew
perform, outproduce anybody in the world.
parents won't
more missions than any other single civilian
Never in this country's history have Ameri-
of being slapp
carrier. And believe me, that is not a con-
cans turned their back on a challenge. And
doctors stop d
tribution that America will ever forget. Thank
we don't run and hide. We compete. As long
malpractice su
you all very much and all of you that helped
as I am President, we will continue to com-
And that's wh
make that possible.
pete, and we will continue to compete. And
gress, supporte
What makes this city, this State, and this
I don't believe in protectionism, and I don't
the frivolous 1.
company so successful? It's not hard to figure
believe in isolationism. Yes, we've got a lot
and tear apart
out. Look closely at what happens right here
of work to do to keep America on top. And
bottom line: A
at Federal Express. You seek out new tech-
of course, you know and I know that our big-
of this mess ur
nologies, you make them work, you see job
gest challenge, my first priority, is to get this
ing each other
training not as a one-shot deal but as an on-
economy moving, to create and preserve
We've got to
going process. And you set high standards,
American jobs.
system. Anyon-
constantly asking more of yourselves and
And in my State of the Union Address in
knows that m.
your coworkers, and you're satisfied with
January, I laid out a two-part plan for the
through the roc
nothing short of excellence. Innovation,
economic recovery. First, a short-term plan
deserve quality
that's what being competitive is all about.
to strengthen the economy right now. And
many families
The key to success, to our success as a Na-
then, second, a longer term plan to keep
erage. And our
tion is competitiveness. And for some, that
America growing strong for years to come.
access to healt
word, competitiveness, is just this year's po-
And my plan gets business moving again, hir-
or poor. And S(
litical buzzword. Here in Memphis it's a re-
ing again. It gets the housing market back
road of nationa
ality. Competitiveness is your key to leader-
on its feet with a $5,000 tax credit for that
you and I both
ship. And companies like this one here, Fed
first-time homebuyer. Give those young fam-
care where Go
Ex, understand a central truth about Amer-
ilies a chance to own their own home, com-
sions would be
ica: If we are to succeed economically at
monsense proposals to get people buying
I say to the C
home, we must lead economically abroad.
homes and then building homes.
United States,
And that's what you are doing.
Fortunately, Congress can't tie my hands
your help and
And here at Fed Ex that's just common
on everything. I've been able to take some
Government to
sense. More than 1.5 million packages pass
steps on my own. For example, I put a 90-
proved health C
through here everyday en route to all parts
day freeze on new Government regulations
I'd like them
of the globe. And Memphis, therefore, is al-
so that all major Cabinet departments and
Congress can }
ready America's distribution center, and now
agencies can conduct a top-to-bottom review.
[Laughter] Tha
you're becoming the world's. And that means
And I've given them some advice: Wherever
hour and a ha
economic opportunity, and it means jobs for
possible, they must speed up any regulations
[Laughter] So I
the American people.
that encourage economic growth and scrap
20th, to enact t
You know, in this political year, this politi-
regulations that restrict economic growth in
fortunately for
cal year some people can't seem to under-
this country.
Democrats, the
stand that. They see the challenges of a glob-
Overregulation robs the inventiveness and
gress, had other
al economy, and they say, "Let's draw the
risktaking the economy needs to grow. And
a plan of their 0
orge Bush, 1992
Administration of George Bush, 1992 / Mar. 5
411
be the world will
you all understand that better than anybody.
In exchange for a two-bit tax cut, literally
rotectionism, an
For the first year, Fed Ex ran its business
about 25 cents a day per taxpayer, they will
surrender. Don't
with 32 small planes. Any further expansion
raise another $100 billion in taxes. And they
and the patriotic
was inhibited by cargo, air cargo regulations.
call that $100 billion new revenues. And I
Protectionism
And deregulation allowed Fed Ex to buy
have another word for it: your money.
Americans can't
more planes, larger planes, for transport. And
[Laughter]
IS have no ideas
literally, Federal Express took off when the
No matter how the the Democrats try to
America can no
regulatory burden was lifted from their
dress it up, any economist can tell you the
keptics come to
backs. And so, we're going to energize our
last thing we need right now is a $100 billion
t them come to
economy nationally the same way. The days
tax hike. So if the Democrats in Congress
hat it really is
of overregulation are just that; they are over.
ey'll understand
want to send that bill to me, I've got a mes-
And also there's another thing on the
Americans here
sage for them: I will veto it, absolutely, posi-
minds of the people in this great area, and
outthink, out-
that means reforming our legal system. When
tively, overnight.
y in the world.
parents won't coach Little League for fear
No, the American people have had enough
ory have Ameri-
of being slapped with a liability lawsuit and
of the old tax-and-spend, and they want to
challenge. And
doctors stop delivering babies for fear of a
get our economy back on track. And every
ompete. As long
malpractice suit, there is something wrong.
day each one of you hears Federal Express
ontinue to com-
And that's why I've sent a bill to the Con-
airplanes flying overhead. To some people
compete. And
gress, supported by Don Sundquist, to stop
that might sound like noise, but it is music
sm, and I don't
the frivolous lawsuits that drain our wallets
to my ears. It is the sound of an economy
we've got a lot
and tear apart our society. And here's the
on the move, an economy that is worldwide.
ca on top. And
bottom line: America won't find its way out
It is the sound of American ingenuity taking
)W that our big-
of this mess until we spend more time help-
off.
ty, is to get this
ing each other than we do suing each other.
Since I took office, it has been my respon-
and preserve
We've got to also reform our health care
sibility to work for what is right for America.
system. Anyone who's had even a checkup
And I often go back, I expect we all do as
ion Address in
knows that medical costs are going right
families-and I wish Barbara Bush were with
t plan for the
through the roof. And I believe all Americans
me to see this marvelous crowd today-we
hort-term plan
deserve quality health care. However, too
often go back to the simple ideal that in our
ight now. And
many families go without health care cov-
case, that my parents taught me: Try your
plan to keep
erage. And our plan focuses on opening up
hardest, be honest, do you best. And let me
years to come.
access to health care to all Americans, rich
tell you something: I'm not finished yet. I
ving again, hir-
or poor. And some want to take us, down the
want your support for 4 more years to finish
on market back
road of nationalized health care, and I think
this job. And I say to the people of Ten-
credit for that
you and I both know that nationalized health
nessee, together we're going to make a
se young fam-
care where Government makes all the deci-
change, a change that for once Congress will
n home, com-
sions would be a national disaster. And so,
believe in you and give you values you believe
people buying
I say to the Congress, the Congress of the
in, give those values a real chance to work.
S.
United States, the American people need
: tie my hands
your help and now is not the time for the
Thank you for your hard work, thank you
all for this enthusiastic welcome and your
e to take some
Government to play doctor. Give us an im-
le, I put a 90-
proved health care program for this country.
continued support. And may God bless the
nt regulations
I'd like them to do it now. But see, I know
greatest, freest country on the face of the
partments and
Congress can be a little slow doing things.
Earth, the United States of America. Thank
ottom review.
[Laughter] That's like the guy that takes an
you so much.
ice: Wherever
hour and a half to watch "60 Minutes."
ny regulations
[Laughter] So I gave them a deadline, March
Note: The President spoke at 2:35 p.m. at
vth and scrap
20th, to enact this short-term plan. And un-
Memphis International Airport. In his re-
mic growth in
fortunately for the American people, the
marks, he referred to Frederick W. Smith,
Democrats, the liberals that control the Con-
chairman and chief executive officer of Fed-
ntiveness and
gress, had other ideas. Last week they passed
eral Express. A tape was not available for
to grow. And
a plan of their own. And here's what it does:
verification of the content of these remarks.
Document No. 312498ss
WHITE HOUSE STAFFING MEMORANDUM
92 MAR 5 A8: 29
DATE:
3/4/92
ACTION/CONCURRENCE/COMMENT DUE BY:
---
PRESIDENTIAL REMARKS: FEDERAL EXPRESS
SUBJECT:
MEMPHIS, TN - 3/5/92 - 2:30 pm
ACTION FYI
ACTION FYI
VICE PRESIDENT
HORNER
SKINNER
MCBRIDE
SCOWCROFT
MOORE
DARMAN
PETERSMEYER
BRADY
PORTER
BROMLEY
ROGICH
CALIO
ROLLINS
DEMAREST
SMITH
FITZWATER
YEUTTER
GRAY
FINDLAY
KAUFMAN
HOLIDAY
BOSKIN
MCGROARTY
REMARKS:
The attached has been forwarded to the President.
RESPONSE:
PHILLIP D. BRADY
Assistant to the President
and Staff Secretary
Ext. 2702
THE WHITE HOUSE
WASHINGTON
32 MAR 4 P12 55
March 4, 1992
MEMORANDUM FOR THE PRESIDENT
and
THROUGH:
DAVID DEMAREST
FROM:
ANDY FERGUSON AJ
SUBJECT;
FEDERAL EXPRESS; MEMPHIS, TENN.
On Thursday, March 5 at 2:30 p.m., you will address 7500
attendees, primarily Federal Express employees and their
families, at a rally at the Federal Express hub in Memphis. Your
remarks (14 minutes, teleprompter) focus on the ingenuity and
competitive spirit of Federal Express, as well as how your plan
will help the people of Tennessee.
NOTES: A "Fred-said" is when an employee is working on everyday
tasks, and orders come down from Mr. Smith's office
that something else needs to be done right away -- i.e.
"Fred said to do this right away."
The "jump seat" is a reference to the extra seats on
Federal Express flights. Employees can sign up for the
jump seat, and fly anywhere in the world for free. It
is a given that when you ride in the jump seat, you
bring cookies for the pilot and staff.
The "bravo zulu" reference at the end is important
because at Federal Express, it is the highest accolade
one could give for a job well done.
(Ferguson) \Aarhus)
March 4, 1992
Draft Three
FEDEX.2
PRESIDENTIAL REMARKS:
FEDERAL EXPRESS
THURSDAY, MARCH 5, 1992
MEMPHIS, TENNESSEE
[Acknowledgments]
((I'm delighted to be here at Federal Express, a 1990
Malcolm Baldridge Quality Award winner. My staff told me they
weren't sure they could fit this stop in our schedule, but when I
heard it was a "Fred-said," I knew we had to do it, and fast!))
((You know, Fred Smith has always been very generous. Fred,
it's good to know that if Air Force One ever has a problem, I can
always ride in the "jump seat." I just hope I don't forget the
cookies.)
((The people of Memphis -- indeed all Americans -- face a
momentous decision this year. I would never presume to tell you
how to vote. It must be between you and your conscience which
Elvis should be on the postage stamp.) )
It is a delight to be in this great state, because the
people of Tennessee believe in some big issues. We agree on the
values that are closest to our hearts. I'm talking about job
security. I'm talking about family. I'm talking about world
peace, for us, for our children, and for our families for
generations to come.
I am here today, because people in Memphis, as well as
people at Federal Express, embody the values that have made
America Number One in the world. And I know that with leaders
like you, America will stay Number One.
2
You don't shrink from a challenge, whether in the
marketplace or in the world at large. Think back a year ago, to
Operation Desert Storm: America faced a great challenge then,
and Tennessee met it proudly. More than 6,000 Tennesseans served
their country as Reservists or Members of the National Guard.
And Fed Ex flew more missions than any other single civilian
carrier. Believe me, that's a contribution America won't soon
forget.
What makes this city, this state, and this company so
successful? It's not hard to figure out. Look closely at what
happens right here at Federal Express. You seek out new
technologies and make them work. You see job training not as a
one-shot deal but as an on-going process. You set high
standards, constantly asking more of yourselves and your co-
workers. You're satisfied with nothing short of excellence. You
encourage innovation. That's what being competitive is all
about.
The key to success is competitiveness. For some,
"competitiveness" is just this year's political buzz word. Here
in Memphis, it's a reality. Competitiveness is your key to
leadership.
Companies like Federal Express understand a central truth
about America: If we are to succeed economically at home, we must
lead economically abroad. Here at Fed Ex that's just common
sense. More than one-and-a-half-million packages pass through
here every day, en route to all parts of the globe. Memphis is
3
already "America's distribution center," and now you're becoming
the world's. That means economic opportunity. It means jobs.
Believe it or not, some people haven't gotten the message.
They see the challenges of the global economy and they say: Let's
draw the blinds, bolt the doors and maybe the world will go away.
They push protectionism -- an ugly word that really means
surrender. Don't be fooled by the tough talk and the patriotic
bluster. Protectionism comes from fear -- fear that Americans
can't compete -- fear that Americans have no ideas, no foresight
-- fear that America can no longer lead. Well, there's one word
for that kind of fear: Baloney.
Let those skeptics come to Memphis; let them come to Federal
Express and see what it's really all about. Maybe then they'll
understand what you and I already know: Americans can out-
think, out-perform and out-produce anybody in the world.
Never in this country's history have Americans turned their
backs on a challenge. We don't run and hide -- we compete. And
we will continue to compete -- and, because Americans accept
nothing but the best, we will win.
Yes, we've got work to do to keep America on top. My first
priority is to get this economy moving to create and preserve
American jobs.
In my State of the Union address in January, I laid out my
two-part plan for economic recovery -- first: a short-term plan
to strengthen the economy right now. And second, a longer-term
plan to keep America growing strong for years to come. My plan
4
gets business moving again, hiring again. It gets the housing
market back on its feet with a $5,000 tax credit for first-time
homebuyers -- common sense proposals to get people buying homes,
and building homes.
Fortunately, Congress can't tie my hands on everything.
I've been able to take some steps on my own. For example, I've
put a 90-day hold on new government regulations so that all major
Cabinet departments and agencies can conduct a top-to-bottom
review. I've given them clear guidance: wherever possible they
must speed up any regulations that encourage economic growth --
and scrap regulations that restrict economic growth.
Over-regulation robs the inventiveness and risk-taking the
economy needs to grow. You all understand that better than
anybody. For the first year, Fed Ex ran its business with 32
small planes. Any further expansion was inhibited by air cargo
regulations. Deregulation allowed Federal Express to buy more
planes -- larger planes -- for transport, and literally, Federal
Express took off.
We're going to energize our economy the same way. The days
of over-regulation are just that -- over. III
That means reforming our legal system, too. When parents
won't coach Little League for fear of being slapped with a
liability lawsuit, and doctors stop delivering babies for fear of
a malpractice suit -- there's something wrong. That's why I sent
a bill to Congress to stop the frivolous lawsuits that drain our
wallets and tear apart our society. America won't find its way
5
out of this mess until we spend more time helping each other than
we do suing each other. 1111
We must also reform our health care system. Anyone who's
had even a check-up knows that medical costs are going through
the roof. I believe all Americans deserve quality health care.
However, too many families go without health care coverage. My
plan focuses on opening up access to health care to all Americans
-- rich or poor. Some want to take us down the road of
nationalized health care. I think you and I both know
nationalized health care would be a national disaster. I say to
Congress: The American people need your help -- now is not the
time for government to play doctor. IIII
I know that Congress can be a little slow doing things.
((Like the guys that take an hour-and-a-half just to watch "60
Minutes. ")) So I gave them a deadline -- March 20 -- to enact my
short-term plan. Unfortunately for the American people, the
Democrats in Congress had other ideas.
Last week, they passed a plan of their own. Here's what it
does: in exchange for an two-bit tax cut -- literally about 25
cents a day per taxpayer -- they will raise another $100 billion
in taxes.
They call the $100 billion "new revenues." I have another
name for it: your money.
The Democrats may incorporate a few attractive items in
their bill -- but the final price tag is just too hard to
swallow. Any economist can tell you: the last thing this
6
economy needs right now is a hundred billion dollar tax hike. 11
So if the Democrats in Congress want to send their bill to me,
I've got a message for them: I'll veto it -- absolutely,
positively, overnight.
The American people have had enough of the old game of tax
and spend. They want to get our economy back on track.
Every day, each one of you hears Federal Express airplanes
flying overhead. To some people that may sound like noise -- but
it is music to my ears: it is the sound of an economy on the
move, an economy that is world-wide: the sound of American
ingenuity taking off.\\
Since I took office, it has been my responsibility to work
for what is right for America. I often go back to the simple
ideal my parents taught me: Try your hardest, and do your best.
Well, let me tell you something -- I'm not finished yet. I want
your support for four more years. I say to the good people of
Tennessee: together we are going to make a change -- a change so
that for once Congress will believe in you and give the values
you believe in a real chance to work. 1111
Thank you for your hard work and continued support. Bravo
zulu! May God bless you all.
#
#
#
#
#
FEDERAL EXPRESS
THURSDAY, MARCH 5, 1992
MEMPHIS, TENNESSEE
THANK YOU FOR THAT ENTHUSIASTIC WELCOME. AND
THANK YOU, HOWARD BAKER, FOR THE GENEROUS INTRODUCTION.
CONGRESSMAN DON SUNDQUIST -- ALWAYS GLAD TO SEE YOU.
((I'M DELIGHTED TO BE HERE AT FEDERAL EXPRESS, A
1990 MALCOLM BALDRIDGE QUALITY AWARD WINNER. MY STAFF
TOLD ME THEY WEREN'T SURE THEY COULD FIT THIS STOP IN
OUR SCHEDULE, BUT WHEN I HEARD IT WAS A "FRED-SAID," I
KNEW WE HAD TO DO IT, AND FAST!))
((YOU KNOW, FRED SMITH HAS ALWAYS BEEN VERY
GENEROUS. FRED, IT'S GOOD TO KNOW THAT IF AIR FORCE ONE
EVER HAS A PROBLEM, I CAN ALWAYS RIDE IN THE "JUMP
SEAT." I JUST HOPE I DON'T FORGET THE COOKIES. "
(THE PEOPLE OF MEMPHIS -- INDEED ALL AMERICANS --
FACE A MOMENTOUS DECISION THIS YEAR. I WOULD NEVER
PRESUME TO TELL YOU HOW TO VOTE. IT MUST BE BETWEEN
YOU AND YOUR CONSCIENCE WHICH ELVIS SHOULD BE ON THE
POSTAGE STAMP. ))
- 2 -
IT IS A DELIGHT TO BE IN THIS GREAT STATE, BECAUSE
THE PEOPLE OF TENNESSEE BELIEVE IN BIG THINGS. WE
AGREE ON THE VALUES THAT ARE CLOSEST TO OUR HEARTS.
I'M TALKING ABOUT JOB SECURITY. I'M TALKING ABOUT
FAMILY. I'M TALKING ABOUT WORLD PEACE, FOR US, FOR OUR
CHILDREN, AND FOR OUR FAMILIES FOR GENERATIONS TO COME.
I AM HERE TODAY, BECAUSE PEOPLE IN MEMPHIS, AS WELL
AS PEOPLE AT FEDERAL EXPRESS, EMBODY THE VALUES THAT
HAVE MADE AMERICA NUMBER ONE IN THE WORLD. AND I KNOW
THAT WITH LEADERS LIKE YOU, AMERICA WILL STAY NUMBER
ONE.
- 3 -
YOU DON'T SHRINK FROM A CHALLENGE, WHETHER IN THE
MARKETPLACE OR IN THE WORLD AT LARGE. THINK BACK A
YEAR AGO, TO OPERATION DESERT STORM: AMERICA FACED A
GREAT CHALLENGE THEN, AND TENNESSEE MET IT PROUDLY.
MORE THAN 6,000 TENNESSEANS SERVED THEIR COUNTRY AS
RESERVISTS OR MEMBERS OF THE NATIONAL GUARD. AND FED
EX FLEW MORE MISSIONS THAN ANY OTHER SINGLE CIVILIAN
CARRIER. BELIEVE ME, THAT'S A CONTRIBUTION AMERICA
WON'T SOON FORGET.
WHAT MAKES THIS CITY, THIS STATE, AND THIS COMPANY
SO SUCCESSFUL? IT'S NOT HARD TO FIGURE OUT. LOOK
CLOSELY AT WHAT HAPPENS RIGHT HERE AT FEDERAL EXPRESS.
YOU SEEK OUT NEW TECHNOLOGIES AND MAKE THEM WORK. YOU
SEE JOB TRAINING NOT AS A ONE-SHOT DEAL BUT AS AN ON-
GOING PROCESS. YOU SET HIGH STANDARDS, CONSTANTLY
ASKING MORE OF YOURSELVES AND YOUR CO-WORKERS. YOU'RE
SATISFIED WITH NOTHING SHORT OF EXCELLENCE. YOU
ENCOURAGE INNOVATION. THAT'S WHAT BEING COMPETITIVE IS
ALL ABOUT.
- 4 -
THE KEY TO SUCCESS IS COMPETITIVENESS. FOR SOME,
"COMPETITIVENESS" IS JUST THIS YEAR'S POLITICAL BUZZ
WORD. HERE IN MEMPHIS, IT'S A REALITY.
COMPETITIVENESS IS YOUR KEY TO LEADERSHIP.
COMPANIES LIKE FEDERAL EXPRESS UNDERSTAND A CENTRAL
TRUTH ABOUT AMERICA: IF WE ARE TO SUCCEED ECONOMICALLY
AT HOME, WE MUST LEAD ECONOMICALLY ABROAD. HERE AT FED
EX THAT'S JUST COMMON SENSE. MORE THAN ONE-AND-A-
HALF-MILLION PACKAGES PASS THROUGH HERE EVERY DAY, EN
ROUTE TO ALL PARTS OF THE GLOBE. MEMPHIS IS ALREADY
"AMERICA'S DISTRIBUTION CENTER," AND NOW YOU'RE
BECOMING THE WORLD'S. THAT MEANS ECONOMIC OPPORTUNITY.
IT MEANS JOBS.
- 5 -
SOME PEOPLE CAN'T SEEM TO UNDERSTAND THIS. THEY
SEE THE CHALLENGES OF THE GLOBAL ECONOMY AND THEY SAY:
LET'S DRAW THE BLINDS, BOLT THE DOORS AND MAYBE THE
WORLD WILL GO AWAY. THEY PUSH PROTECTIONISM -- AN UGLY
WORD THAT REALLY MEANS SURRENDER. DON'T BE FOOLED BY
THE TOUGH TALK AND THE PATRIOTIC BLUSTER. PROTECTIONISM
COMES FROM FEAR -- FEAR THAT AMERICANS CAN'T COMPETE -
- FEAR THAT AMERICANS HAVE NO IDEAS, NO FORESIGHT --
FEAR THAT AMERICA CAN NO LONGER LEAD.
LET THOSE SKEPTICS COME TO MEMPHIS; LET THEM COME
TO FEDERAL EXPRESS AND SEE WHAT IT'S REALLY ALL ABOUT.
MAYBE THEN THEY'LL UNDERSTAND WHAT YOU AND I ALREADY
KNOW: AMERICANS CAN OUT-THINK, OUT-PERFORM AND OUT-
PRODUCE ANYBODY IN THE WORLD.
- 6 -
NEVER IN THIS COUNTRY'S HISTORY HAVE AMERICANS
TURNED THEIR BACKS ON A CHALLENGE. WE DON'T RUN AND
HIDE -- WE COMPETE. AS LONG AS I AM PRESIDENT, WE WILL
CONTINUE TO COMPETE -- I DO NOT BELIEVE IN
PROTECTIONISM. I DO NOT BELIEVE IN ISOLATIONISM.
YES, WE'VE GOT WORK TO DO TO KEEP AMERICA ON TOP.
OUR BIGGEST CHALLENGE, MY FIRST PRIORITY, IS TO GET
THIS ECONOMY MOVING TO CREATE AND PRESERVE AMERICAN
JOBS.
IN MY STATE OF THE UNION ADDRESS IN JANUARY, I LAID
OUT MY TWO-PART PLAN FOR ECONOMIC RECOVERY -- FIRST: A
SHORT-TERM PLAN TO STRENGTHEN THE ECONOMY RIGHT NOW.
AND SECOND, A LONGER-TERM PLAN TO KEEP AMERICA GROWING
STRONG FOR YEARS TO COME. MY PLAN GETS BUSINESS MOVING
AGAIN, HIRING AGAIN. IT GETS THE HOUSING MARKET BACK
ON ITS FEET WITH A $5,000 TAX CREDIT FOR FIRST-TIME
HOMEBUYERS -- COMMON SENSE PROPOSALS TO GET PEOPLE
BUYING HOMES, AND BUILDING HOMES.
- 7 -
FORTUNATELY, CONGRESS CAN'T TIE MY HANDS ON
EVERYTHING. I'VE BEEN ABLE TO TAKE SOME STEPS ON MY
OWN. FOR EXAMPLE, I'VE PUT A 90-DAY FREEZE ON NEW
GOVERNMENT REGULATIONS SO THAT ALL MAJOR CABINET
DEPARTMENTS AND AGENCIES CAN CONDUCT A TOP-TO-BOTTOM
REVIEW. I'VE GIVEN THEM CLEAR GUIDANCE: WHEREVER
POSSIBLE THEY MUST SPEED UP ANY REGULATIONS THAT
ENCOURAGE ECONOMIC GROWTH -- AND SCRAP REGULATIONS THAT
RESTRICT ECONOMIC GROWTH.
OVER-REGULATION ROBS THE INVENTIVENESS AND RISK-
TAKING THE ECONOMY NEEDS TO GROW. YOU ALL UNDERSTAND
THAT BETTER THAN ANYBODY. FOR THE FIRST YEAR, FED EX
RAN ITS BUSINESS WITH 32 SMALL PLANES. ANY FURTHER
EXPANSION WAS INHIBITED BY AIR CARGO REGULATIONS.
DEREGULATION ALLOWED FEDERAL EXPRESS TO BUY MORE PLANES
-- LARGER PLANES - -- FOR TRANSPORT, AND LITERALLY,
FEDERAL EXPRESS TOOK OFF. 1111
WE'RE GOING TO ENERGIZE OUR ECONOMY THE SAME WAY.
THE DAYS OF OVER-REGULATION ARE JUST THAT - OVER. III
- 8 -
THAT MEANS REFORMING OUR LEGAL SYSTEM, TOO. WHEN
PARENTS WON'T COACH LITTLE LEAGUE FOR FEAR OF BEING
SLAPPED WITH A LIABILITY LAWSUIT, AND DOCTORS STOP
DELIVERING BABIES FOR FEAR OF A MALPRACTICE SUIT --
THERE'S SOMETHING WRONG. THAT'S WHY I SENT A BILL TO
CONGRESS TO STOP THE FRIVOLOUS LAWSUITS THAT DRAIN OUR
WALLETS AND TEAR APART OUR SOCIETY. AMERICA WON'T FIND
ITS WAY OUT OF THIS MESS UNTIL WE SPEND MORE TIME
HELPING EACH OTHER THAN WE DO SUING EACH OTHER. 1111
- 9 -
WE MUST ALSO REFORM OUR HEALTH CARE SYSTEM. ANYONE
WHO'S HAD EVEN A CHECK-UP KNOWS THAT MEDICAL COSTS ARE
GOING THROUGH THE ROOF. I BELIEVE ALL AMERICANS
DESERVE QUALITY HEALTH CARE. HOWEVER, TOO MANY
FAMILIES GO WITHOUT HEALTH CARE COVERAGE. MY PLAN
FOCUSES ON OPENING UP ACCESS TO HEALTH CARE TO ALL
AMERICANS -- RICH OR POOR. SOME WANT TO TAKE US DOWN
THE ROAD OF NATIONALIZED HEALTH CARE. I THINK YOU AND
I BOTH KNOW NATIONALIZED HEALTH CARE, WHERE GOVERNMENT
MAKES ALL DECISIONS, WOULD BE A NATIONAL DISASTER. I
SAY TO CONGRESS: THE AMERICAN PEOPLE NEED YOUR HELP --
NOW IS NOT THE TIME FOR GOVERNMENT TO PLAY DOCTOR.
1111
I KNOW THAT CONGRESS CAN BE A LITTLE SLOW DOING
THINGS. ((LIKE THE GUYS THAT TAKE AN HOUR-AND-A-HALF
JUST TO WATCH "60 MINUTES. ")) SO I GAVE THEM A
DEADLINE -- MARCH 20 -- TO ENACT MY SHORT-TERM PLAN.
UNFORTUNATELY FOR THE AMERICAN PEOPLE, THE DEMOCRATS IN
CONGRESS HAD OTHER IDEAS.
- 10 -
LAST WEEK, THEY PASSED A PLAN OF THEIR OWN. HERE'S
WHAT IT DOES: IN EXCHANGE FOR AN TWO-BIT TAX CUT --
LITERALLY ABOUT 25 CENTS A DAY PER TAXPAYER -- THEY
WILL RAISE ANOTHER $100 BILLION IN TAXES.
THEY CALL THE $100 BILLION "NEW REVENUES." I HAVE
ANOTHER NAME FOR IT: YOUR MONEY.
NO MATTER HOW THE DEMOCRATS TRY TO DRESS IT UP,
ANY ECONOMIST CAN TELL YOU: THE LAST THING THIS
ECONOMY NEEDS RIGHT NOW IS A HUNDRED BILLION DOLLAR TAX
HIKE. 11 SO IF THE DEMOCRATS IN CONGRESS WANT TO SEND
THEIR BILL TO ME, I'VE GOT A MESSAGE FOR THEM: I'LL
VETO IT -- -- ABSOLUTELY, POSITIVELY, OVERNIGHT.
THE AMERICAN PEOPLE HAVE HAD ENOUGH OF THE OLD GAME
OF TAX AND SPEND. THEY WANT TO GET OUR ECONOMY BACK ON
TRACK.
- 11 -
EVERY DAY, EACH ONE OF YOU HEARS FEDERAL EXPRESS
AIRPLANES FLYING OVERHEAD. TO SOME PEOPLE THAT MAY
SOUND LIKE NOISE -- BUT IT IS MUSIC TO MY EARS: IT IS
THE SOUND OF AN ECONOMY ON THE MOVE, AN ECONOMY THAT IS
WORLD-WIDE: THE SOUND OF AMERICAN INGENUITY TAKING
OFF.
SINCE I TOOK OFFICE, IT HAS BEEN MY RESPONSIBILITY
TO WORK FOR WHAT IS RIGHT FOR AMERICA. I OFTEN GO BACK
TO THE SIMPLE IDEAL MY PARENTS TAUGHT ME: TRY YOUR
HARDEST, AND DO YOUR BEST. WELL, LET ME TELL YOU
SOMETHING -- I'M NOT FINISHED YET. I WANT YOUR SUPPORT
FOR FOUR MORE YEARS. I SAY TO THE GOOD PEOPLE OF
TENNESSEE: TOGETHER WE ARE GOING TO MAKE A CHANGE -- A
CHANGE SO THAT FOR ONCE CONGRESS WILL BELIEVE IN YOU
AND GIVE THE VALUES YOU BELIEVE IN A REAL CHANCE TO
WORK. 1111
THANK YOU FOR YOUR HARD WORK AND CONTINUED SUPPORT.
MAY GOD BLESS YOU ALL.
# # # # #
THE WHITE HOUSE
WASHINGTON
March 4, 1992
MEMORANDUM FOR THE PRESIDENT
THROUGH:
DAVID DEMAREST
FROM:
ANDY FERGUSON AJ
SUBJECT;
FEDERAL EXPRESS; MEMPHIS, TENN.
On Thursday, March 5 at 2:30 p.m., you will address 7500
attendees, primarily Federal Express employees and their
families, at a rally at the Federal Express hub in Memphis. Your
remarks (14 minutes, teleprompter) focus on the ingenuity and
competitive spirit of Federal Express, as well as how your plan
will help the people of Tennessee.
NOTES: A "Fred-said" is when an employee is working on everyday
tasks, and orders come down from Mr. Smith's office
that something else needs to be done right away -- i.e.
"Fred said to do this right away."
The "jump seat" is a reference to the extra seats on
Federal Express flights. Employees can sign up for the
jump seat, and fly anywhere in the world for free. It
is a given that when you ride in the jump seat, you
bring cookies for the pilot and staff.
The "bravo zulu" reference at the end is important
because at Federal Express, it is the highest accolade
one could give for a job well done.
(Ferguson) (Aarhus)
March 4, 1992
Draft Three
FEDEX.
PRESIDENTIAL REMARKS:
FEDERAL
EXPRESS
THURSDAY, MARCH 5, 1992
MEMPHIS, TENNESSEE
[Acknowledgments)]
((I'm delighted to be here at Federal Express, a 1990
Malcolm Baldridge Quality Award winner. My staff told me they
weren't sure they could fit this stop in our schedule, but when I
heard it was a "Fred-said," I knew we had to do it, and fast!) )
((You know, Fred Smith has always been very generous. Fred,
it's good to know that if Air Force One ever has a problem, I can
always ride in the "jump seat." I just hope I don't forget the
cookies.) )
((The people of Memphis -- indeed all Americans -- face a
momentous decision this year. I would never presume to tell you
how to vote. It must be between you and your conscience which
Elvis should be on the postage stamp. ))
It is a delight to be in this great state, because the
people of Tennessee believe in some big issues. We agree on the
values that are closest to our hearts. I'm talking about job
security. I'm talking about family. I'm talking about world
peace, for us, for our children, and for our families for
generations to come.
I am here today, because people in Memphis, as well as
people at Federal Express, embody the values that have made
America Number One in the world. And I know that with leaders
like you, America will stay Number One.
2
You don't shrink from a challenge, whether in the
marketplace or in the world at large. Think back a year ago, to
Operation Desert Storm: America faced a great challenge then,
and Tennessee met it proudly. More than 6,000 Tennesseans served
their country as Reservists or Members of the National Guard.
And Fed Ex flew more missions than any other single civilian
carrier. Believe me, that's a contribution America won't soon
forget.
What makes this city, this state, and this company so
successful? It's not hard to figure out. Look closely at what
happens right here at Federal Express. You seek out new
technologies and make them work. You see job training not as a
one-shot deal but as an on-going process. You set high
standards, constantly asking more of yourselves and your co-
workers. You're satisfied with nothing short of excellence. You
encourage innovation. That's what being competitive is all
about.
The key to success is competitiveness. For some,
"competitiveness" is just this year's political buzz word. Here
in Memphis, it's a reality. Competitiveness is your key to
leadership.
Companies like Federal Express understand a central truth
about America: If we are to succeed economically at home, we must
lead economically abroad. Here at Fed Ex that's just common
sense. More than one-and-a-half-million packages pass through
here every day, en route to all parts of the globe. Memphis is
3
already "America's distribution center," and now you're becoming
the world's. That means economic opportunity. It means jobs.
Believe it or not, some people haven't gotten the message.
They see the challenges of the global economy and they say: Let's
draw the blinds, bolt the doors and maybe the world will go away.
They push protectionism -- an ugly word that really means
surrender. Don't be fooled by the tough talk and the patriotic
bluster. Protectionism comes from fear -- fear that Americans
can't compete -- fear that Americans have no ideas, no foresight
-- fear that America can no longer lead. Well, there's one word
for that kind of fear: Baloney.
Let those skeptics come to Memphis; let them come to Federal
Express and see what it's really all about. Maybe then they'll
understand what you and I already know: Americans can out-
think, out-perform and out-produce anybody in the world.
Never in this country's history have Americans turned their
backs on a challenge. We don't run and hide -- we compete. And
we will continue to compete -- and, because Americans accept
nothing but the best, we will win.
Yes, we've got work to do to keep America on top. My first
priority is to get this economy moving to create and preserve
American jobs.
In my State of the Union address in January, I laid out my
two-part plan for economic recovery -- first: a short-term plan
to strengthen the economy right now. And second, a longer-term
plan to keep America growing strong for years to come. My plan
4
gets business moving again, hiring again. It gets the housing
market back on its feet with a $5,000 tax credit for first-time
homebuyers -- common sense proposals to get people buying homes,
and building homes.
Fortunately, Congress can't tie my hands on everything.
I've been able to take some steps on my own. For example, I've
put a 90-day hold on new government regulations so that all major
Cabinet departments and agencies can conduct a top-to-bottom
review. I've given them clear guidance: wherever possible they
must speed up any regulations that encourage economic growth --
and scrap regulations that restrict economic growth.
Over-regulation robs the inventiveness and risk-taking the
economy needs to grow. You all understand that better than
anybody. For the first year, Fed Ex ran its business with 32
small planes. Any further expansion was inhibited by air cargo
regulations. Deregulation allowed Federal Express to buy more
planes -- larger planes -- for transport, and literally, Federal
Express took off.
We're going to energize our economy the same way. The days
of over-regulation are just that -- over. 111
That means reforming our legal system, too. When parents
won't coach Little League for fear of being slapped with a
liability lawsuit, and doctors stop delivering babies for fear of
a malpractice suit -- there's something wrong. That's why I sent
a bill to Congress to stop the frivolous lawsuits that drain our
wallets and tear apart our society. America won't find its way
5
out of this mess until we spend more time helping each other than
we do suing each other. 1111
We must also reform our health care system. Anyone who's
had even a check-up knows that medical costs are going through
the roof. I believe all Americans deserve quality health care.
However, too many families go without health care coverage. My
plan focuses on opening up access to health care to all Americans
-- rich or poor. Some want to take us down the road of
nationalized health care. I think you and I both know
nationalized health care would be a national disaster. I say to
Congress: The American people need your help -- now is not the
time for government to play doctor.
I know that Congress can be a little slow doing things.
((Like the guys that take an hour-and-a-half just to watch "60
Minutes. ")) So I gave them a deadline -- March 20 -- to enact my
short-term plan. Unfortunately for the American people, the
Democrats in Congress had other ideas.
Last week, they passed a plan of their own. Here's what it
does: in exchange for an two-bit tax cut -- literally about 25
cents a day per taxpayer -- they will raise another $100 billion
in taxes.
They call the $100 billion "new revenues." I have another
name for it: your money.
The Democrats may incorporate a few attractive items in
their bill -- but the final price tag is just too hard to
swallow. Any economist can tell you: the last thing this
6
economy needs right now is a hundred billion dollar tax hike. 11
So if the Democrats in Congress want to send their bill to me,
I've got a message for them: I'll veto it -- absolutely,
positively, overnight.
The American people have had enough of the old game of tax
and spend. They want to get our economy back on track.
Every day, each one of you hears Federal Express airplanes
flying overhead. To some people that may sound like noise -- but
it is music to my ears: it is the sound of an economy on the
move, an economy that is world-wide: the sound of American
ingenuity taking off.
Since I took office, it has been my responsibility to work
for what is right for America. I often go back to the simple
ideal my parents taught me: Try your hardest, and do your best.
Well, let me tell you something -- I'm not finished yet. I want
your support for four more years. I say to the good people of
Tennessee: together we are going to make a change -- a change so
that for once Congress will believe in you and give the values
you believe in a real chance to work.
Thank you for your hard work and continued support. Bravo
zulu! May God bless you all.
#
#
#
#
#
March 4, 1992
MEMORANDUM FOR THE PRESIDENT
THROUGH:
DAVID DEMAREST
M
FROM:
ANDY FERGUSON
SUBJECT;
FEDERAL EXPRESS; MEMPHIS, TENN.
On Thursday, March 5 at 2:30 p.m., you will address 7500
attendees, primarily Federal Express employees and their
families, at a rally at the Federal Express hub in Memphis. Your
remarks (14 minutes, teleprompter) focus on the ingenuity and
competitive spirit of Federal Express, as well as how your plan
will help the people of Tennessee.
NOTES: A "Fred-said" is when an employee is working on everyday
tasks, and orders come down from Mr. Smith's office
that something else needs to be done right away -- i.e.
"Fred said to do this right away."
The "jump seat" is a reference to the extra seats on
Federal Express flights. Employees can sign up for the
jump seat, and fly anywhere in the world for free. It
is a given that when you ride in the jump seat, you
bring cookies for the pilot and staff.
The "bravo zulu" reference at the end is important
because at Federal Express, it is the highest accolade
one could give for a job well done.
(Ferguson (Aarhus)
March 4, 1992
Draft Three
FEDEX.2
PRESIDENTIAL REMARKS: FEDERAL EXPRESS
THURSDAY, MARCH 5, 1992
MEMPHIS, TENNESSEE
[Acknowledgments]
((I'm delighted to be here at Federal Express, a 1990
Malcolm Baldridge Quality Award winner. My staff told me they
weren't sure they could fit this stop in our schedule, but when I
heard it was a "Fred-said," I knew we had to do it, and fast!) )
( (You know, Fred Smith has always been very generous. Fred,
it's good to know that if Air Force One ever has a problem, I can
always ride in the "jump seat." I just hope I don't forget the
cookies. ))
( (The people of Memphis -- indeed all Americans -- face a
momentous decision this year. I would never presume to tell you
how to vote. It must be between you and your conscience which
Elvis should be on the postage stamp. ))
It is a delight to be in this great state, because the
people of Tennessee believe in some big issues. We agree on the
values that are closest to our hearts. I'm talking about job
security. I'm talking about family. I'm talking about world
peace, for us, for our children, and for our families for
generations to come.
I am here today, because people in Memphis, as well as
people at Federal Express, embody the values that have made
America Number One in the world. And I know that with leaders
like you, America will stay Number One.
2
You don't shrink from a challenge, whether in the
marketplace or in the world at large. Think back a year ago, to
Operation Desert Storm: America faced a great challenge then,
and Tennessee met it proudly. More than 6,000 Tennesseans served
their country as Reservists or Members of the National Guard.
And Fed Ex flew more missions than any other single civilian
carrier. Believe me, that's a contribution America won't soon
forget.
What makes this city, this state, and this company so
successful? It's not hard to figure out. Look closely at what
happens right here at Federal Express. You seek out new
technologies and make them work. You see job training not as a
one-shot deal but as an on-going process. You set high
standards, constantly asking more of yourselves and your co-
workers. You're satisfied with nothing short of excellence. You
encourage innovation. That's what being competitive is all
about.
The key to success is competitiveness. For some,
"competitiveness" is just this year's political buzz word. Here
in Memphis, it's a reality. Competitiveness is your key to
leadership.
Companies like Federal Express understand a central truth
about America: If we are to succeed economically at home, we must
lead economically abroad. Here at Fed Ex that's just common
sense. More than one-and-a-half-million packages pass through
here every day, en route to all parts of the globe. Memphis is
3
already "America's distribution center," and now you're becoming
the world's. That means economic opportunity. It means jobs.
Believe it or not, some people haven't gotten the message.
They see the challenges of the global economy and they say: Let's
draw the blinds, bolt the doors and maybe the world will go away.
They push protectionism -- an ugly word that really means
surrender. Don't be fooled by the tough talk and the patriotic
bluster. Protectionism comes from fear -- fear that Americans
can't compete -- fear that Americans have no ideas, no foresight
-- fear that America can no longer lead. Well, there's one word
for that kind of fear: Baloney.
Let those skeptics come to Memphis; let them come to Federal
Express and see what it's really all about. Maybe then they'll
understand what you and I already know: Americans can out-
think, out-perform and out-produce anybody in the world.
Never in this country's history have Americans turned their
backs on a challenge. We don't run and hide -- we compete. And
we will continue to compete -- and, because Americans accept
nothing but the best, we will win.
Yes, we've got work to do to keep America on top. My first
priority is to get this economy moving to create and preserve
American jobs.
(
In my State of the Union address in January, I laid out my
two-part plan for economic recovery -- first: a short-term plan
to strengthen the economy right now. And second, a longer-term
plan to keep America growing strong for years to come. My plan
4
gets business moving again, hiring again. It gets the housing
market back on its feet with a $5,000 tax credit for first-time
homebuyers -- common sense proposals to get people buying homes,
and building homes.
Fortunately, Congress can't tie my hands on everything.
I've been able to take some steps on my own. For example, I've
put a 90-day hold on new government regulations so that all major
Cabinet departments and agencies can conduct a top-to-bottom
review. I've given them clear guidance: wherever possible they
must speed up any regulations that encourage economic growth --
and scrap regulations that restrict economic growth.
Over-regulation robs the inventiveness and risk-taking the
economy needs to grow. You all understand that better than
anybody. For the first year, Fed Ex ran its business with 32
small planes. Any further expansion was inhibited by air cargo
regulations. Deregulation allowed Federal Express to buy more
planes -- larger planes -- for transport, and literally, Federal
Express took off.
We're going to energize our economy the same way. The days
of over-regulation are just that -- over. III
That means reforming our legal system, too. When parents
won't coach Little League for fear of being slapped with a
liability lawsuit, and doctors stop delivering babies for fear of
a malpractice suit -- there's something wrong. That's why I sent
a bill to Congress to stop the frivolous lawsuits that drain our
wallets and tear apart our society. America won't find its way
5
out of this mess until we spend more time helping each other than
we do suing each other.
We must also reform our health care system. Anyone who's
had even a check-up knows that medical costs are going through
the roof. I believe all Americans deserve quality health care.
However, too many families go without health care coverage. My
plan focuses on opening up access to health care to all Americans
-- rich or poor. Some want to take us down the road of
nationalized health care. I think you and I both know
nationalized health care would be a national disaster. I say to
Congress: The American people need your help -- now is not the
time for government to play doctor.
I know that Congress can be a little slow doing things.
((Like the guys that take an hour-and-a-half just to watch "60
Minutes. ")) So I gave them a deadline -- March 20 -- to enact my
short-term plan. Unfortunately for the American people, the
Democrats in Congress had other ideas.
Last week, they passed a plan of their own. Here's what it
does: in exchange for an two-bit tax cut -- literally about 25
cents a day per taxpayer -- they will raise another $100 billion
in taxes.
They call the $100 billion "new revenues. " I have another
name for it: your money.
The Democrats may incorporate a few attractive items in
their bill -- but the final price tag is just too hard to
swallow. Any economist can tell you: the last thing this
6
economy needs right now is a hundred billion dollar tax hike. 11
So if the Democrats in Congress want to send their bill to me,
I've got a message for them: I'll veto it -- absolutely,
positively, overnight.
The American people have had enough of the old game of tax
and spend. They want to get our economy back on track.
Every day, each one of you hears Federal Express airplanes
flying overhead. To some people that may sound like noise --- but
it is music to my ears: it is the sound of an economy on the
move, an economy that is world-wide: the sound of American
ingenuity taking off.
Since I took office, it has been my responsibility to work
for what is right for America. I often go back to the simple
ideal my parents taught me: Try your hardest, and do your best.
Well, let me tell you something -- I'm not finished yet. I want
your support for four more years. I say to the good people of
Tennessee: together we are going to make a change -- a change so
that for once Congress will believe in you and give the values
you believe in a real chance to work. 1111
Thank you for your hard work and continued support. Bravo
zulu! May God bless you all.
#
#
#
#
#
1652
Document No. 31249855
92
WHITE HOUSE STAFFING MEMORANDUM
P5: 29
DATE: 3/3/92
ACTION/CONCURRENCE/COMMENT DUE BY: WED. 3/4/92 11:00 am
PRESIDENTIAL REMARKS: FEDERAL EXPRESS
SUBJECT:
THURSDAY, MARCH 5, 1992 MEMPHIS
ACTION FYI
ACTION FYI
VICE PRESIDENT
HORNER
SKINNER
MCBRIDE
SCOWCROFT
MOORE
>
DARMAN
PETERSMEYER
>
BRADY
>
PORTER
BROMLEY
ROGICH
\
CALIO
ROLLINS
>
DEMAREST
SMITH
YEUTTER
FITZWATER
FINDLAY
GRAY
KAUFMAN
HOLIDAY
MCGROARTY
BOSKIN
REMARKS:
Please forward your comments directly to Dan McGroarty, Rm 122,
x2930, no later than 11:00 am, WED, MARCH 4, with a copy to
this office. Thankyou.
RESPONSE:
March 5, 1992
TO:
DAN MCGROARTY
NSC concurs with the attached.
Brent B Scowcroft
PHILLIP D. BRADY
Assistant to the President
CC: Phillip Brady
and Staff Secretary
Ext. 2702
(Ferguson\Aarhus)
March 2, 1992
Draft Two
92 MAR 3 P3: 52
FEDEX.2
PRESIDENTIAL REMARKS:
FEDERAL EXPRESS
THURSDAY, MARCH 5, 1992
MEMPHIS, TENNESSEE
[Acknowledgments]
((I'm delighted to be here at Federal Express, a 1990
Malcolm Baldridge Quality Award winner. My staff told me they
weren't sure they could fit this stop in our schedule, but when I
heard it was a "Fred-said," I knew we had to do it, and fast!))
((You know, Fred Smith has always been very generous to me.
Fred, it's good to know that if Air Force One ever has a problem,
I can always ride in the "jump seat." I just hope I don't forget
the cookies.) ))
((The people of Memphis -- indeed all Americans -- face a
momentous decision this year. I would never presume to tell you
how to vote. It must be between you and your conscience which
Elvis should be on the postage stamp.) )
It is a delight to be in this great state, because the
people of Tennessee believe in some big issues. We agree on the
values that are closest to our hearts. I'm talking about job
security. I'm talking about family. I'm talking about world
peace, for us, for our children, and for our families for
generations to come.
I am here today, because people in Memphis, as well as
people at Federal Express, embody the values that have made
2
America Number One in the world. And I know that if the rest of
us follow your lead, America will stay Number One.
You don't shrink from a challenge, whether in the
marketplace or in the world at large. Think back a year ago, to
Operation Desert Storm: America faced a great challenge then,
and Tennessee met it proudly. Nearly 7,000 Tennesseans served
their country as Reservists or Members of the National Guard.
And Fed Ex flew more than half this country's non-logistic
military fights. Believe me, that's a contribution America won't
soon forget.
What makes this city, this state, and this company so
successful? It's not hard to figure out. Look closely at what
happens right here at Federal Express. You seek out new
technologies and make them work. You see job training not as a
one-shot deal but as an on-going process. You set high
standards, constantly asking more of yourselves and your co-
workers. You encourage innovation. That's what being
competitive is all about.
The key to success is competitiveness. For some,
"competitiveness" is just this year's political buzz word. Here
in Memphis, it's a reality. Competitiveness is your key to
leadership.
Companies like Federal Express understand a central truth
about America: If we are to succeed economically at home, we must
lead economically abroad. Here at Fed Ex that's just common
sense. More than one-and-a-half-million packages pass through
3
here every day, en route to all parts of the globe. Memphis is
already "America's distribution center," and now you're becoming
the world's. That means economic opportunity. It means jobs.
Believe it or not, some people haven't gotten the message.
They see the challenges of the global economy and they say: Let's
draw the blinds, bolt the doors and maybe the world will go away.
They push protectionism -- an ugly word that really means
surrender. Don't be fooled by the tough talk and the patriotic
bluster. Protectionism comes from fear -- fear that Americans
can't compete -- fear that Americans have no ideas, no foresight
-- fear that America can no longer lead. Well, there's one word
for that kind of fear: Baloney.
Let those skeptics come to Memphis; let them come to Federal
Express and see what it's really all about. Maybe then they'll
understand what you and I already know: Americans can out-
think, out-perform and out-produce anybody in the world.
Never in this country's history have Americans turned their
backs on a challenge. We don't run and hide -- we compete. And
we will continue to compete -- and because Americans accept
nothing but the best, we will win.
Yes, we've got work to do to keep America on top. My first
priority is to get this economy moving to create and preserve
American jobs.
In my State of the Union address in January, I laid out my
two-part plan for economic recovery -- first: a seven-point plan
to strengthen the economy right now. And second, a longer-term
4
plan to keep America growing strong for years to come. My plan
gets business moving again, hiring again. It gets the housing
market back on its feet with a $5,000 tax credit for first-time
homebuyers -- common sense proposals to get people buying homes,
and building homes.
Fortunately, I've been able to take some steps on my own.
For example, I've put a 90-day hold on new government regulations
so that all major Cabinet departments and agencies can conduct a
top-to-bottom review. I've given them clear instructions:
wherever possible they must speed up any regulations that
encourage economic growth; and they must scrap regulations that
restrict economic growth.
Over-regulation robs the inventiveness and risk-taking the
economy needs to grow. You all understand that better than
anybody. For the first few years, Fed Ex ran its business with
32 small planes. Any further expansion was inhibited by air
cargo regulations. Deregulation allowed Federal Express to buy
more planes -- larger planes -- for transport, and literally,
Federal Express took off.
We're going to energize our economy the same way. The days
of over-regulation are just that -- over.
That means reforming our legal system, too. When parents
won't coach Little League for fear of being slapped with a
liability lawsuit, and doctors stop delivering babies for fear of
a malpractice suit -- there's something wrong. That's why I sent
a bill to Congress to stop the frivolous lawsuits that drain our
5
wallets and tear apart our society. America won't find its way
out of this mess until we spend more time helping each other than
we do suing each other.
We also must reform our health care system. Anyone who's
had even a check-up knows that medical costs are going through
the roof. I believe all Americans deserve quality health care.
However, too many families go without health care coverage. My
plan focuses on opening up access to health care to all Americans
rich or poor. Some want to take us down the road of
nationalized health care. I think you and I both know
nationalized health care would be a national disaster. I say to
Congress: The American people need your help -- now is not the
time for government to play doctor.
I know that Congress can be a little slow doing things.
((Like the guys that take an hour-and-a-half just to watch "60
Minutes. ")) So I gave them a deadline -- March 20 -- to enact my
short-term plan. Unfortunately for the American people, the
Democrats in Congress had other ideas.
Last week, they passed a plan of their own. Here's what it
does: in exchange for an two-bit tax cut -- literally about 25
cents a day per taxpayer -- they will raise another $100 billion
in taxes.
They call the $100 billion "new revenues." I have another
name for it: your money.
And to keep giving a quarter a day to Americans taxpayers
permanently, they need to jack up tax rates on every American
6
making more than $35,000 a year. That's right: $35,000. This
from the political party that wants to sock it to the rich and
placate the middle class. I don't call someone making $35,000 a
year rich -- I call them middle class voters who want the
Congress to stop raising taxes.
And if the Democrats in Congress want to send that bill to
me, I've got a message for them: I'll veto it -- absolutely,
positively, overnight. \\\\\\\\\\
The American people have had enough of the old game of tax
and spend. They want to get our economy back on track.
I'm sure you all have been hearing the airplanes flying
overhead. To some people that may sound like noise -- but it is
music to my ears: it is the sound of an economy on the move, an
economy that is world-wide: the sound of American ingenuity
taking off.
Since I took office, It has been my responsibility to work
for what is right for America. I often go back to the simple
ideal my parents taught me: Try your hardest, and do your best.
Well, let me tell you something -- I'm not finished yet. I want
your support for four more years. I say to the good people of
Tennessee: together we are going to make a change -- a change so
that for once Congress will believe in you and give the values
you believe in a real chance to work.
Thank you for your hard work and continued support. Bravo
zulu! May God bless you all.
#
#
#
#
#
Document No. 31249855
WHITE HOUSE STAFFING MEMORANDUM
DATE: 3/3/92
ACTION/CONCURRENCE/COMMENT DUE BY: WED. 3/4/92 11:00 am
PRESIDENTIAL REMARKS: FEDERAL EXPRESS
SUBJECT:
THURSDAY, MARCH 5, 1992 - MEMPHIS
ACTION FYI
ACTION FYI
VICE PRESIDENT
HORNER
SKINNER
MCBRIDE
w/POTUS
SCOWCROFT (W/C)
MOORE
DARMAN
PETERSMEYER
BRADY
>
PORTER
BROMLEY
ROGICH N/C
CALIO
ROLLINS
>
DEMAREST
SMITH N/C
>
YEUTTER
FITZWATER
>
GRAY Schaor 2407
FINDLAY
HOLIDAY
N/C
>
KAUFMAN
MCGROARTY
REMARKS:
BOSKIN N/C
Please forward your comments directly to Dan McGroarty, Rm 122,
x2930, no later than 11:00 am, WED, MARCH 4, with a copy to
this office. Thankyou.
RESPONSE:
MASTER
PHILLIP D. BRADY
Assistant to the President
and Staff Secretary
Ext. 2702
(Ferguson Aarhus)
March 2, 1992
Draft Two
92 MAR 3 P3: 52
FEDEX.2
PRESIDENTIAL REMARKS:
FEDERAL EXPRESS
THURSDAY, MARCH 5, 1992
MEMPHIS, TENNESSEE
[Acknowledgments]
((I'm delighted to be here at Federal Express, a 1990
Malcolm Baldridge Quality Award winner. My staff told me they
weren't sure they could fit this stop in our schedule, but when I
heard it was a "Fred-said," I knew we had to do it, and fast!) )
((You know, Fred Smith has always been very generous to me.
Fred, it's good to know that if Air Force One ever has a problem,
I can always ride in the "jump seat." I just hope I don't forget
the cookies. ))
( (The people of Memphis -- indeed all Americans -- face a
momentous decision this year. I would never presume to tell you
how to vote. It must be between you and your conscience which
Elvis should be on the postage stamp.) )
It is a delight to be in this great state, because the
people of Tennessee believe in some big issues. We agree on the
values that are closest to our hearts. I'm talking about job
security. I'm talking about family. I'm talking about world
peace, for us, for our children, and for our families for
generations to come.
I am here today, because people in Memphis, as well as
people at Federal Express, embody the values that have made
2
America Number One in the world. And I know that if the rest of
us follow your lead, America will stay Number One.
You don't shrink from a challenge, whether in the
marketplace or in the world at large. Think back a year ago, to
Operation Desert Storm: America faced a great challenge then,
and Tennessee met it proudly. Nearly 7,000 Tennesseans served
their country as Reservists or Members of the National Guard.
OMB-
And Fed Ex flew more 1 than half this country non-logistic
cargo missions than my other single carrier.
military fights. Believe me, that's a contribution America won't
soon forget.
What makes this city, this state, and this company so
successful? It's not hard to figure out. Look closely at what
happens right here at Federal Express. You seek out new
technologies and make them work. You see job training not as a
one-shot deal but as an on-going process. You set high
standards, constantly asking more of yourselves and your co-
workers. You encourage innovation. That's what being
competitive is all about.
The key to success is competitiveness. For some,
"competitiveness" is just this year's political buzz word. Here
in Memphis, it's a reality. Competitiveness is your key to
leadership.
Companies like Federal Express understand a central truth
about America: If we are to succeed economically at home, we must
lead economically abroad. Here at Fed Ex that's just common
sense. More than one-and-a-half-million packages pass through
3
here every day, en route to all parts of the globe. Memphis is
already "America's distribution center," and now you're becoming
the world's. That means economic opportunity. It means jobs.
Believe it or not, some people haven't gotten the message.
They see the challenges of the global economy and they say: Let's
draw the blinds, bolt the doors and maybe the world will go away.
They push protectionism -- an ugly word that really means
surrender. Don't be fooled by the tough talk and the patriotic
bluster. Protectionism comes from fear -- fear that Americans
can't compete -- fear that Americans have no ideas, no foresight
-- fear that America can no longer lead. Well, there's one word
for that kind of fear: Baloney.
Let those skeptics come to Memphis; let them come to Federal
Express and see what it's really all about. Maybe then they'll
understand what you and I already know: Americans can out-
think, out-perform and out-produce anybody in the world.
Never in this country's history have Americans turned their
backs on a challenge. We don't run and hide -- we compete. And
we will continue to compete -- and because Americans accept
nothing but the best, we will win.
Yes, we've got work to do to keep America on top. My first
priority is to get this economy moving to create and preserve
American jobs.
In my State of the Union address in January, I laid out my
two-part plan for economic recovery -- first: a seven-point plan
to strengthen the economy right now. And second, a longer-term
4
plan to keep America growing strong for years to come. My plan
gets business moving again, hiring again. It gets the housing
market back on its feet with a $5,000 tax credit for first-time
homebuyers -- common sense proposals to get people buying homes,
and building homes.
Fortunately, I've been able to take some steps on my own.
For example, I've put a 90-day hold on new government regulations
so that all major Cabinet departments and agencies can conduct a
top-to-bottom review. I've given them clear instructions:
wherever possible they must speed up any regulations that
encourage economic growth; and they must scrap regulations that
restrict economic growth.
Over-regulation robs the inventiveness and risk-taking the
economy needs to grow. You all understand that better than
anybody. For the first few years, Fed Ex ran its business with
32 small planes. Any further expansion was inhibited by air
cargo regulations. Deregulation allowed Federal Express to buy
more planes -- larger planes -- for transport, and literally,
Federal Express took off.
We're going to energize our economy the same way. The days
of over-regulation are just that -- over.
That means reforming our legal system, too. When parents
won't coach Little League for fear of being slapped with a
liability lawsuit, and doctors stop delivering babies for fear of
a malpractice suit -- there's something wrong. That's why I sent
a bill to Congress to stop the frivolous lawsuits that drain our
5
wallets and tear apart our society. America won't find its way
out of this mess until we spend more time helping each other than
we do suing each other.
We also must reform our health care system. Anyone who's
had even a check-up knows that medical costs are going through
the roof. I believe all Americans deserve quality health care.
However, too many families go without health care coverage. My
plan focuses on opening up access to health care to all Americans
-- rich or poor. Some want to take us down the road of
nationalized health care. I think you and I both know
nationalized health care would be a national disaster. I say to
Congress: The American people need your help -- now is not the
time for government to play doctor.
I know that Congress can be a little slow doing things.
((Like the guys that take an hour-and-a-half just to watch "60
Minutes.")) So I gave them a deadline -- March 20 -- to enact my
short-term plan. Unfortunately for the American people, the
Democrats in Congress had other ideas.
Last week, they passed a plan of their own. Here's what it
does: in exchange for an two-bit tax cut -- literally about 25
cents a day per taxpayer -- they will raise another $100 billion
in taxes.
They call the $100 billion "new revenues." I have another
name for it: your money.
And to keep giving a quarter a day to Americans taxpayers
per
permanently, they need to jack up tax rates on every American
Calco
6
making more than $35,000 a year. That's right: $35,000. This
from the political party that wants to sock it to the rich and
placate the middle class, I don't call someone making $35,000 a
year rich I call them middle class voters who want the
Congress to stop raising taxes.
And if the Democrats in Congress want to send that bill to
me, I've got a message for them: I'll veto it -- absolutely,
positively, overnight. \\\\\\\\\\
The American people have had enough of the old game of tax
and spend. They want to get our economy back on track.
I'm sure you all have been hearing the airplanes flying
overhead. To some people that may sound like noise -- but it is
music to my ears: it is the sound of an economy on the move, an
economy that is world-wide: the sound of American ingenuity
taking off.
Since I took office, It has been my responsibility to work
for what is right for America. I often go back to the simple
ideal my parents taught me: Try your hardest, and do your best.
Well, let me tell you something -- I'm not finished yet. I want
your support for four more years. I say to the good people of
Tennessee: together we are going to make a change -- a change so
that for once Congress will believe in you and give the values
you believe in a real chance to work.
Thank you for your hard work and continued support. Bravo
zulu! May God bless you all.
#####
SENT BY:The TICKET CENTER
; 3- 4-92 ; 10:36 ; LEGISLATIVE AFFAIRS-
6218:# 1
Document No. 31249855
WHITE HOUSE STAFFING MEMORANDUM
DATE: 3/3/92
ACTION/CONCURRENCE/COMMENT DUE BY: WED. 3/4/92 11:00am
PRESIDENTIAL REMARKS: FEDERAL EXPRESS
SUBJECT:
THURSDAY, MARCH 5, 1992 on MEMPHIS
ACTION FYI
ACTION FYI
VICE PRESIDENT
HORNER
SKINNER
MCBRIDE
SCOWCROFT
MOORE
DARMAN
PETERSMEYER
BRADY
PORTER
BROMLEY
ROGICH
CALIO
ROLLINS
DEMAREST
SMITH
YEUTTER
FITZWATER
FINDLAY
GRAY
KAUFMAN
HOLIDAY
MCGROARTY
BOSKIN
REMARKS:
Please forward your comments directly to Dan McGroarty, Rm 122,
x2930, no later than 11:00 am, WED, MARCH 4, with a copy to
this office. Thankyou.
RESPONSE:
- Senate-ok
- Pg 4+5 - Commento-AS
PHILLIP D. BRADY
Assistant to the President
and Staff Secretary
Ext. 2702
SENT BY:The TICKET CENTER
; 3- 4-92 ; 10:36 ; LEGISLATIVE AFFAIRS-
6218;# 2
(Ferguson\Aarhus)
March 2, 1992
Draft Two
32 MAR 3 P3: 52
FEDEX.2
PRESIDENTIAL REMARKS: FEDERAL EXPRESS
THURSDAY, MARCH 5, 1992
MEMPHIS, TENNESSEE
[Acknowledgments]
((I'm delighted to be here at Federal Express, a 1990
Malcolm Baldridge Quality Award winner. My staff told me they
weren't sure they could fit this stop in our schedule, but when I
heard it was a "Fred-said," I knew we had to do it, and fast!))
((You know, Fred Smith has always been very generous to me.
Fred, it's good to know that if Air Force One ever has at problem,
I can always ride in the "jump seat." I just hope I don't forget
the cookies.) )
((The people of Memphis -- indeed all Americans -- face a
momentous decision this year. I would never presume to tell you
how to vote. It must be between you and your conscience which
Elvis should be on the postage stamp.) )
It is a delight to be in this great state, because the
people of Tennessee believe in some big issues. We agree on the
values that are closest to. our hearts. I'm talking about job
security. I'm talking about family. I'm talking about world
peace, for us, for our children, and for our families for
generations to come.
I am here today, because people in Memphis, as well as
people at Federal Express, embody the values that have made
SENT BY:The TICKET CENTER
; 3- 4-92 ; 10:36 ; LEGISLATIVE AFFAIRS-
6218;# 3.
2
America Number One in the world. And I know that if the rest of
us follow your lead, America will stay Number One.
You don't shrink from a challenge, whether in the,
marketplace or in the world at large. Think back a year ago, to
Operation Desert Storm: America faced a great challenge then,
and Tennessee met it proudly. Nearly 7,000 Tennesseans served
their country as Reservists or Members of the National Guard.
And Fed Ex flew more than half this country's non-logistic
military
Rights.
Believe me, that's a contribution America won't
soon forget.
What makes this city, this state, and this company so
successful? It's not hard to figure out. Look closely at what
happens right here at Federal Express. You seek out new
technologies and make them work. You see job training not as a
one-shot deal but as an on-going process. You set high
standards, constantly asking more of yourselves and your co-
workers. You encourage innovation. That's what being
competitive is all about.
The key to success is competitiveness. For some,
"competitiveness" is just this year's political buzz word. Here
in Memphis, it's a reality. Competitiveness is your key to
leadership.
Companies like Federal Express understand a central truth
about America: If we are to succeed economically at home, we must
lead economically abroad. Here at Fed Ex that's just common
sense. More than one-and-a-half-million packages pass through
SENT BY:The TICKET CENTER
: 3- 4-92 ; 10:37 ; LEGISLATIVE AFFAIRS-
6218;# 4
3
here every day, en route to all parts of the globe. Memphis is
already "America's distribution center," and now you're becoming
the world's. That means economic opportunity. It means jobs.
Believe it or not, some people haven't gotten the message.
They see the challenges of the global economy and they say: Let's
draw the blinds, bolt the doors and maybe the world will go away.
They push protectionism - an ugly word that really means
surrender. Don't be fooled by the tough talk and the patriotic
bluster. Protectionism comes from fear -- fear that Americans
can't compete --- fear that Americans have no ideas, no foresight
- fear that America can no longer lead. Well, there's one word
for that kind of fear: Baloney.
Let those skeptics come to Memphis; let them come to Federal
Express and see what it's really all about. Maybe then they'll
understand what you and I already know: Americans can out-
think, out-perform and out-produce anybody in the world.
Never in this country's history have Americans turned their
backs on a challenge. We don't run and hide -- we compete. And
we will continue to compete -- and because Americans accept
nothing but the best, we will win.
Yes, we've got work to do to keep America on top. My first
priority is to get this economy moving to create and preserve
American jobs.
In my State of the Union address in January, I laid out my
two-part plan for economic recovery - first: a seven-point plan
to strengthen the economy right now. And second, a longer-term
SENT BY:The TICKET CENTER
; 3- 4-92 : 10:37 ; LEGISLATIVE AFFAIRS-
6218:# 5
4
plan to keep America growing strong for years to come. My plan
gets business moving again, hiring again. It gets the housing
market back on its feet with a $5,000 tax credit for first-time
homebuyers -- common sense proposals to get people buying homes,
and building homes.
H
For
Fortunately,
I've been able to take some steps on my own.
cong
For example, I've put a 90-day hold on new government regulations
mevergthing. MY
CANTANDS.
so that all major Cabinet departments and agencies can conduct a
top-to-bottom review. I've given them clear instructions:
wherever possible they must speed up any regulations that
encourage economic growth; and they must scrap regulations that
restrict economic growth.
Over-regulation robs the inventiveness and risk-taking the
economy needs to grow. You all understand that better than
anybody. For the first few years, Fed Ex ran its business with
32 small planes. Any further expansion was inhibited by air
cargo regulations. Deregulation allowed Federal Express to buy
more planes ⑉⑉ larger planes - for transport, and literally,
Federal Express took off.
We're going to energize our economy the same way. The days
of over-regulation are just that - over.
That means reforming our legal system, too. When parents
won't coach Little League for fear of being slapped with a
liability lawsuit, and doctors stop delivering babies for fear of
a malpractice suit -- there's something wrong. That's why I sent
a bill to Congress to stop the frivolous lawsuits that drain our
SENT BY:The TICKET CENTER
; 3- 4-92 ; 10:38 ; LEGISLATIVE AFFAIRS-
6218;# 6
5
wallets and tear apart our society. America won't find its way
out of this ness until we spend more time helping each other than
we do suing each other.
We also must reform our health care system. Anyone who's
had even a check-up knows that medical costs are going through
the roof. I believe all Americans deserve quality health care.
However, too many families go without health care coverage. My
plan focuses on opening up access to health care to all Americans
-- rich or poor. Some want to take us down the road of
nationalized health care. I think you and I both know
nationalized health care would be a national disaster. I say to
Congress: The American people need your help -- now is not the
time for government to play doctor.
I know that Congress can be a little slow doing things.
((Like the guys that take an hour-and-a-half just to watch "60
Minutes. ")) So I gave them a deadline -- March 20 --- to enact my
short-term plan. Unfortunately for the American people, the
Democrats in Congress had other ideas.
Last week, they passed a plan of their own. Here's what it
does: in exchange for an two-bit tax cut --- literally about 25
cents a day per taxpayer -- they will raise another $100 billion
in taxes.
They call the $100 billion "new revenues." I have another
name for it: your money.
And to keep giving a quarter a day to Americans taxpayers
permanently, they need to jack up tax rates on every American
use New language Caliogane to Demarest
SENT BY:The TICKET CENTER
; 3- 4-92 ; 10:38 ; LEGISLATIVE AFFAIRS-
6218;# 7
Economnts
6
making more than $35,000 a year. That's right: $35,000. This
from the political party that wants to sock it to the rich and
placate the middle class. I don't call someone making $35,000 a
year rich - I call them middle class voters who want the
Congress to stop raising taxes.
a prosspority
And if the Democrats in Congress want to send that bill to
me, I've got a message for them: I'll veto it --- absolutely.
positively, overnight. \\\\\\\\\\
The American people have had enough of the old game of tax
and spend. They want to get our economy back on track.
I'm sure you all have been hearing the airplanes flying
overhead. To some people that may sound like noise -- but it is
music to my ears: it is the sound of an economy on the move, an
economy that is world-wide: the sound of American ingenuity
taking off.
Since I took office, It has been my responsibility to work
for what is right for America. I often go back to the simple
ideal my parents taught me: Try your hardest, and do your best.
Well, let me tell you something --- I'm not finished yet. I want
your support for four more years. I say to the good people of
Tennessee: together we are going to make a change -- a change so
that for once Congress will believe in you and give the values
you believe in a real chance to work.
Thank you for your hard work and continued support. Bravo
zulu! May God bless you all.
#
#
#
#
#
attractive
item
They may me some
sool things an that
bill -
but the puci fag
n 100B. dollars. -
THE WHITE HOUSE
WASHINGTON
March 3, 1992
MEMORANDUM FOR DAN McGROARTY
FROM:
ROGER B. PORTER RBP
SUBJECT:
Presidential Remarks: Federal Express
We have reviewed the attached remarks and have noted
several suggested changes on the draft.
Please let us know if you have any questions or if we may
help in any other way.
CC: Phillip D. Brady
92 MAR 4 A9: 12
Document No. 31249855
JMH
WHITE HOUSE STAFFING MEMORANDUM
-
DATE: 3/3/92
ACTION/CONCURRENCE/COMMENT DUE BY: WED. 3/4/92 11:00 am
PRESIDENTIAL REMARKS: FEDERAL EXPRESS
SUBJECT:
THURSDAY, MARCH 5, 1992 - MEMPHIS
ACTION FYI
ACTION FYI
VICE PRESIDENT
HORNER
SKINNER
>
MCBRIDE
SCOWCROFT
MOORE
DARMAN
PETERSMEYER
>
BRADY
PORTE
BROMLEY
ROGICH
CALIO
ROLLINS
DEMAREST
SMITH
YEUTTER
FITZWATER
FINDLAY
GRAY
HOLIDAY
>
KAUFMAN
MCGROARTY
REMARKS:
BOSKIN
Please forward your comments directly to Dan McGroarty, Rm 122,
x2930, no later than 11:00 am, WED, MARCH 4, with a copy to
this office. Thankyou.
RESPONSE:
PHILLIP D. BRADY
Assistant to the President
and Staff Secretary
Ext. 2702
(Ferguson (Aarhus)
March 2, 1992
Draft Two
02 MAR 3 P3: 52
FEDEX.2
PRESIDENTIAL REMARKS: FEDERAL EXPRESS
THURSDAY, MARCH 5, 1992
MEMPHIS, TENNESSEE
[Acknowledgments]
((I'm delighted to be here at Federal Express, a 1990
Malcolm Baldridge Quality Award winner. My staff told me they
weren't sure they could fit this stop in our schedule, but when I
heard it was a "Fred-said," I knew we had to do it, and fast!) )
( (You know, Fred Smith has always been very generous to me.
Fred, it's good to know that if Air Force One ever has a problem,
I can always ride in the "jump seat." I just hope I don't forget
the cookies. ))
((The people of Memphis -- indeed all Americans -- face a
momentous decision this year. I would never presume to tell you
how to vote. It must be between you and your conscience which
Elvis should be on the postage stamp. ))
It is a delight to be in this great state, because the
people of Tennessee believe in some big issues. We agree on the
WORKING HARD AT
values that are closest to our hearts. I'm talking about job
A GOOD JOB.
security. I'm talking about family. I'm talking about world
peace, for us, for our children, and for our families for
generations to come.
I am here today, because people in Memphis, as well as
people at Federal Express, embody the values that have made
2
America Number One in the world. And I know that if the rest of
WITH LEADERS LIKE you
us follow your lead, America will stay Number One.
You don't shrink from a challenge, whether in the
marketplace or in the world at large. Think back a year ago, to
Operation Desert Storm: America faced a great challenge then,
and Tennessee met it proudly. Nearly 7,000 Tennesseans served
their country as Reservists or Members of the National Guard.
And Fed Ex flew more than half this country's non-logistic
military fights. Believe me, that's a contribution America won't
soon forget.
What makes this city, this state, and this company so
successful
It's
not
hard
to
figure
out
Look closely at what
happens right here at Federal Express & You seek out new
TO YOUR ADVANTAGE.
technologies and make them work. You see job training not as a
one-shot deal but as an on-going process. You set high
DEMANDING EXCELLENCE FROM
ADD
standards, constantly asking more of yourselves and your co-
workers. You encourage innovation. That's what being
competitive is all about.
The key to success is competitiveness. For some,
"competitiveness" is just this year's political buzz word. Here
in Memphis, it's a reality. Competitiveness is your key to
leadership.
Companies like Federal Express understand a central truth
about America: If we are to succeed economically at home, we must
lead economically abroad. Here at Fed Ex that's just common
KNOWLEDGE.
sense. More than one-and-a-half-million packages pass through
3
here every day, en route to all parts of the globe. Memphis is
already "America's distribution center," and now you're becoming
the world's. That means economic opportunity. It means jobs.
Believe it or not, some people haven't gotten the message.
They see the challenges of the global economy and they say: Let's
draw the blinds, bolt the doors and maybe the world will go away.
They push protectionism -- an ugly word that really means
surrender. Don't be fooled by the tough talk and the patriotic
bluster. Protectionism comes from fear -- fear that Americans
can't compete -- fear that Americans have no ideas, no foresight
-- fear that America can no longer lead. Well, there's one word
for that kind of fear: Baloney
Let those skeptics come to Memphis; let them come to Federal
Express and see what it's really all about. Maybe then they'll
understand what you and I already know: Americans can out-
think, out-perform and out-produce anybody in the world.
Never in this country's history have Americans turned their
backs on a challenge. We don't run and hide -- we compete. And
we will continue to compete -- and because Americans accept
nothing but the best, we will win.
Yes, we've got work to do to keep America on top. My first
priority is to get this economy moving to create and preserve
American jobs.
In my State of the Union address in January, I laid out my
two-part plan for economic recovery -- first: a seven-point plan
to strengthen the economy right now. And second, a longer-term
4
plan to keep America growing strong for years to come. My plan
GROWING
STRENGTHENS
gets business moving again, hiring again. It gets the housing
market back on its feet I with a $5,000 tax credit for first-time
homebuyers -- common sense proposals to get people buying homes,
and building homes.
Fortunately, I've been able to take some steps on my own.
For example, I've put a 90-day hold on new government regulations
so that all major Cabinet departments and agencies can conduct a
top-to-bottom review. I've given them clear instructions:
wherever possible they must speed up any regulations that
encourage economic growth; and they must scrap regulations that
restrict economic growth.
Over-regulation robs the inventiveness and risk-taking the
economy needs to grow. You all understand that better than
anybody. For the first few years, Fed Ex ran its business with
32 small planes. Any further expansion was inhibited by air
cargo regulations. Deregulation allowed Federal Express to buy
more planes -- larger planes -- for transport, and literally,
Federal Express took off.
We're going to energize our economy the same way. The days
of over-regulation are just that -- over.
That means reforming our legal system, too. When parents
won't coach Little League for fear of being slapped with a
liability lawsuit, and doctors stop delivering babies for fear of
a malpractice suit -- there's something wrong. That's why I sent
a bill to Congress to stop the frivolous lawsuits that drain our
5
wallets and tear apart our society. America won't find its way
out of this mess until we spend more time helping each other than
we do suing each other.
We also must reform our health care system. Anyone who's
had even a check-up knows that medical costs are going through
the roof. I believe all Americans deserve quality health care.
However, too many families go without health care coverage. My
plan focuses on opening up access to health care to all Americans
-- rich or poor. Some want to take us down the road of
nationalized health care. I think you and I both know
nationalized health care would be a national disaster. I say to
Congress: The American people need your help -- now is not the
time for government to play doctor.
I know that Congress can be a little slow doing things.
((Like the guys that take an hour-and-a-half just to watch "60
Minutes. ")) So I gave them a deadline -- March 20 -- to enact my
short-term plan. Unfortunately for the American people, the
Democrats in Congress had other ideas.
HOUSE / SENATE ?
Do WE WANT TO DISTINEUISH
Last week, they passed a plan of their own. Here's what it
does: in exchange for an two-bit tax cut -- literally about 25
cents a day per taxpayer -- they will raise another $100 billion
in taxes.
They call the $100 billion "new revenues." I have another
name for it: your money.
TEMPORARILY PROVIDE
And to keep giving a quarter a day to Americans taxpayers
permanent ly they need to jack up tax rates on every American
Calis
PERMANENTLY
6
making more than $35,000 a year. That's right: $35,000. This
from the political party that wants to sock it to the rich and
placate the middle class. I don't call someone making $35,000 a
year rich -- I call them middle class voters who want the
Congress to stop raising taxes.
And if the Democrats in Congress want to send that bill to
me, I've got a message for them: I'll veto it -- absolutely,
positively, overnight.
The American people have had enough of the old game of tax
and spend. They want to get our economy back on track.
I'm sure you all have been hearing the airplanes flying
overhead. To some people that may sound like noise -- but it is
music to my ears: it is the sound of an economy on the move, an
economy that is world-wide: the sound of American ingenuity
taking off.
Since I took office, It has been my responsibility to work
for what is right for America. I often go back to the simple
ideal my parents taught me: Try your hardest, and do your best.
Well, let me tell you something -- I'm not finished yet. I want
your support for four more years. I say to the good people of
Tennessee: together we are going to make a change -- a change so
that for once Congress will believe in you and give the values
you believe in a real chance to work.
Thank you for your hard work and continued support. Bravo
zulu! May God bless you all.
#
#
#
#
#
Document No. 31249855
92 MAR 4 All : 58
WHITE HOUSE STAFFING MEMORANDUM
DATE: 3/3/92
ACTION/CONCURRENCE/COMMENT DUE BY: WED. 3/4/92 11:00 am
PRESIDENTIAL REMARKS: FEDERAL EXPRESS
SUBJECT:
THURSDAY, MARCH 5, 1992 MEMPHIS
ACTION FYI
ACTION FYI
VICE PRESIDENT
HORNER
SKINNER
MCBRIDE
SCOWCROFT
MOORE
DARMAN
PETERSMEYER
>
BRADY
PORTER
BROMLEY
ROGICH
\
CALIO
ROLLINS.
DEMAREST
SMITH
YEUTTER
FITZWATER
FINDLAY
GRAY
KAUFMAN
HOLIDAY
MCGROARTY
REMARKS:
BOSKIN
Please forward your comments directly to Dan McGroarty, Rm 122,
x2930, no later than 11:00 am, WED, MARCH 4, with a copy to
this office. Thankyou.
RESPONSE:
ole
DS
PHILLIP D. BRADY
Assistant to the President
and Staff Secretary
Ext. 2702
(Ferguson Aarhus)
March 2, 1992
Draft Two
32 MAR 3 P3: 52
FEDEX.2
PRESIDENTIAL REMARKS: FEDERAL EXPRESS
THURSDAY, MARCH 5, 1992
MEMPHIS, TENNESSEE
[Acknowledgments)] SP.
((I'm delighted to be here at Federal Express, a 1990
Malcolm Baldridge Quality Award winner. My staff told me they
weren't sure they could fit this stop in our schedule, but when I
heard it was a "Fred-said," I knew we had to do it, and fast!))
((You know, Fred Smith has always been very generous to me.
Fred, it's good to know that if Air Force One ever has a problem,
I can always ride in the "jump seat. " I just hope I don't forget
the cookies.) )
((The people of Memphis -- indeed all Americans -- face a
momentous decision this year. I would never presume to tell you
how to vote. It must be between you and your conscience which
Elvis should be on the postage stamp.) )
It is a delight to be in this great state, because the
people of Tennessee believe in some big issues. We agree on the
values that are closest to our hearts. I'm talking about job
security. I'm talking about family. I'm talking about world
peace, for us, for our children, and for our families for
generations to come.
I am here today, because people in Memphis, as well as
people at Federal Express, embody the values that have made
2
America Number One in the world. And I know that if the rest of
us follow your lead, America will stay Number One.
You don't shrink from a challenge, whether in the
marketplace or in the world at large. Think back a year ago, to
Operation Desert Storm: America faced a great challenge then,
and Tennessee met it proudly. Nearly 7,000 Tennesseans served
their country as Reservists or Members of the National Guard.
And Fed Ex flew more than half this country's non-logistic
military fights. Believe me, that's a contribution America won't
soon forget.
What makes this city, this state, and this company so
successful? It's not hard to figure out. Look closely at what
happens right here at Federal Express. You seek out new
technologies and make them work. You see job training not as a
one-shot deal but as an on-going process. You set high
standards, constantly asking more of yourselves and your co-
workers. You encourage innovation. That's what being
competitive is all about.
The key too success is competitiveness. For some,
"competitiveness" is just this year's political buzz word. Here
in Memphis, it's a reality. Competitiveness is your key to
leadership.
Companies like Federal Express understand a central truth
about America: If we are to succeed economically at home, we must
lead economically abroad. Here at Fed Ex that's just common
sense. More than one-and-a-half-million packages pass through
3
here every day, en route to all parts of the globe. Memphis is
already "America's distribution center," and now you're becoming
the world's. That means economic opportunity. It means jobs.
Believe it or not, some people haven't gotten the message.
They see the challenges of the global economy and they say: Let's
draw the blinds, bolt the doors and maybe the world will go away.
They push protectionism -- an ugly word that really means
surrender. Don't be fooled by the tough talk and the patriotic
bluster. Protectionism comes from fear -- fear that Americans
can't compete -- fear that Americans have no ideas, no foresight
-- fear that America can no longer lead. Well, there's one word
for that kind of fear: Baloney.
Let those skeptics come to Memphis; let them come to Federal
Express and see what it's really all about. Maybe then they'll
understand what you and I already know: Americans can out-
think, out-perform and out-produce anybody in the world.
Never in this country's history have Americans turned their
backs on a challenge. We don't run and hide -- we compete. And
we will continue to compete -- and because Americans accept
nothing but the best, we will win.
Yes, we've got work to do to keep America on top. My first
priority is to get this economy moving to create and preserve
American jobs.
In my State of the Union address in January, I laid out my
two-part plan for economic recovery -- first: a seven-point plan
to strengthen the economy right now. And second, a longer-term
4
plan to keep America growing strong for years to come. My plan
gets business moving again, hiring again. It gets the housing
market back on its feet with a $5,000 tax credit for first-time
homebuyers -- common sense proposals to get people buying homes,
and building homes.
Fortunately, I've been able to take some steps on my own.
For example, I've put a 90-day hold on new government regulations
so that all major Cabinet departments and agencies can conduct a
top-to-bottom review. I've given them clear instructions:
wherever possible they must speed up any regulations that
encourage economic growth; and they must scrap regulations that
restrict economic growth.
Over-regulation robs the inventiveness and risk-taking the
economy needs to grow. You all understand that better than
anybody. For the first few years, Fed Ex ran its business with
32 small planes. Any further expansion was inhibited by air
cargo regulations. Deregulation allowed Federal Express to buy
more planes -- larger planes -- for transport, and literally,
Federal Express took off.
We're going to energize our economy the same way. The days
of over-regulation are just that -- over.
That means reforming our legal system, too. When parents
won't coach Little League for fear of being slapped with a
liability lawsuit, and doctors stop delivering babies for fear of
a malpractice suit -- there's something wrong. That's why I sent
a bill to Congress to stop the frivolous lawsuits that drain our
5
wallets and tear apart our society. America won't find its way
out of this mess until we spend more time helping each other than
we do suing each other.
We also must reform our health care system. Anyone who's
had even a check-up knows that medical costs are going through
the roof. I believe all Americans deserve quality health care.
However, too many families go without health care coverage. My
plan focuses on opening up access to health care to all Americans
-- rich or poor. Some want to take us down the road of
nationalized health care. I think you and I both know
nationalized health care would be a national disaster. I say to
Congress: The American people need your help -- now is not the
time for government to play doctor.
I know that Congress can be a little slow doing things.
((Like the guys that take an hour-and-a-half just to watch "60
Minutes. ")) So I gave them a deadline -- March 20 -- to enact my
short-term plan. Unfortunately for the American people, the
Democrats in Congress had other ideas.
Last week, they passed a plan of their own. Here's what it
does: in exchange for an two-bit tax cut -- literally about 25
cents a day per taxpayer -- they will raise another $100 billion
in taxes.
They call the $100 billion "new revenues." I have another
name for it: your money.
And to keep giving a quarter a day to Americans taxpayers
permanently, they need to jack up tax rates on every American
6
making more than $35,000 a year. That's right: $35,000. This
from the political party that wants to sock it to the rich and
placate the middle class. I don't call someone making $35,000 a
year rich -- I call them middle class voters who want the
Congress to stop raising taxes.
And if the Democrats in Congress want to send that bill to
me, I've got a message for them: I'll veto it -- absolutely,
positively, overnight.
The American people have had enough of the old game of tax
and spend. They want to get our economy back on track.
I'm sure you all have been hearing the airplanes flying
overhead. To some people that may sound like noise -- but it is
music to my ears: it is the sound of an economy on the move, an
economy that is world-wide: the sound of American ingenuity
taking off.
Since I took office, It has been my responsibility to work
for what is right for America. I often go back to the simple
ideal my parents taught me: Try your hardest, and do your best.
Well, let me tell you something -- I'm not finished yet. I want
your support for four more years. I say to the good people of
Tennessee: together we are going to make a change -- a change so
that for once Congress will believe in you and give the values
you believe in a real chance to work.
Thank you for your hard work and continued support. Bravo
zulu! May God bless you all.
#
#
#
#
#
Document No. 31249855
WHITE HOUSE STAFFING MEMORANDUM
2 MAR 4 All: 32
DATE: 3/3/92
ACTION/CONCURRENCE/COMMENT DUE BY: WED. 3/4/92 11:00 am
PRESIDENTIAL REMARKS: FEDERAL EXPRESS
SUBJECT:
THURSDAY, MARCH 5, 1992 - MEMPHIS
ACTION FYI
ACTION FYI
VICE PRESIDENT
HORNER
>
SKINNER
>
MCBRIDE
SCOWCROFT
MOORE
DARMAN
PETERSMEYER
BRADY
>
PORTER
\
BROMLEY
ROGICH
\
CALIO
ROLLINS
>
DEMAREST
SMITH
YEUTTER
FITZWATER
>
FINDLAY
GRAY
HOLIDAY
>
KAUFMAN
MCGROARTY
BOSKIN
REMARKS:
Please forward your comments directly to Dan McGroarty, Rm 122,
x2930, no later than 11:00 am, WED, MARCH 4, with a copy to
this office. Thankyou.
RESPONSE:
pleaseemants.
PHILLIP D. BRADY
Assistant to the President
and Staff Secretary
Ext. 2702
(Ferguson Aarhus)
March 2, 1992
Draft Two
32 MAR 3 P3: 52
FEDEX.2
PRESIDENTIAL REMARKS: FEDERAL EXPRESS
THURSDAY, MARCH 5, 1992
MEMPHIS, TENNESSEE
[Acknowledgments]
((I'm delighted to be here at Federal Express, a 1990
Malcolm Baldridge Quality Award winner. My staff told me they
weren't sure they could fit this stop in our schedule, but when I
heard it was a "Fred-said," I knew we had to do it, and fast!))
((You know, Fred Smith has always been very generous to me.
Fred, it's good to know that if Air Force One ever has a problem,
I can always ride in the "jump seat." I just hope I don't forget
the cookies.)
((The people of Memphis -- indeed all Americans -- face a
momentous decision this year. I would never presume to tell you
how to vote. It must be between you and your conscience which
Elvis should be on the postage stamp.))
It is a delight to be in this great state, because the
people of Tennessee believe in some big issues. We agree on the
values that are closest to our hearts. I'm talking about job
security. I'm talking about family. I'm talking about world
peace, for us, for our children, and for our families for
generations to come.
I am here today, because people in Memphis, as well as
people at Federal Express, embody the values that have made
2
America Number One in the world. And I know that if the rest of
us follow your lead, America will stay Number One.
You don't shrink from a challenge, whether in the
marketplace or in the world at large. Think back a year ago, to
Operation Desert Storm: America faced a great challenge then,
and Tennessee met it proudly. Nearly 7,000 Tennesseans served
their country as Reservists or Members of the National Guard.
And Fed Ex flew more than half this country's non-logistic
military fights. Believe me, that's a contribution America won't
soon forget.
What makes this city, this state, and this company so
successful? It's not hard to figure out. Look closely at what
happens right here at Federal Express. You seek out new
technologies and make them work. You see job training not as a
one-shot deal but as an on-going process. You set high
standards, constantly asking more of yourselves and your co-
workers. You encourage innovation. That's what being
competitive is all about.
The key to success is competitiveness. For some,
"competitiveness" is just this year's political buzz word. Here
in Memphis, it's a reality. Competitiveness is your key to
leadership.
Companies like Federal Express understand a central truth
about America: If we are to succeed economically at home, we must
lead economically abroad. Here at Fed Ex that's just common
sense. More than one-and-a-half-million packages pass through
3
here every day, en route to all parts of the globe. Memphis is
already "America's distribution center," and now you're becoming
the world's. That means economic opportunity. It means jobs.
Believe it or not, some people haven't gotten the message.
They see the challenges of the global economy and they say: Let's
draw the blinds, bolt the doors and maybe the world will go away.
They push protectionism -- an ugly word that really means
surrender. Don't be fooled by the tough talk and the patriotic
bluster. Protectionism comes from fear -- fear that Americans
can't compete -- fear that Americans have no ideas, no foresight
-- fear that America can no longer lead. Well, there's one word
for that kind of fear: Baloney.
Let those skeptics come to Memphis; let them come to Federal
Express and see what it's really all about. Maybe then they'll
understand what you and I already know: Americans can out-
think, out-perform and out-produce anybody in the world.
Never in this country's history have Americans turned their
backs on a challenge. We don't run and hide -- we compete. And
we will continue to compete -- and because Americans accept
nothing but the best, we will win.
Yes, we've got work to do to keep America on top. My first
priority is to get this economy moving to create and preserve
American jobs. I want all Americans to have meaningful hope
of economic advancement.
In my State of the Union address in January, I laid out my
two-part plan for economic recovery -- first: a seven-point plan
to strengthen the economy right now. And second, a longer-term
4
plan to keep America growing strong for years to come. My plan
gets business moving again, hiring again. It gets the housing
market back on its feet with a $5,000 tax credit for first-time
homebuyers -- common sense proposals to get people buying homes,
and building homes.
Fortunately, I've been able to take some steps on my own.
For example, I've put a 90-day hold on new government regulations
so that all major Cabinet departments and agencies can conduct a
top-to-bottom review. I've given them clear instructions:
wherever possible they must speed up any regulations that
encourage economic growth; and they must scrap regulations that
restrict economic growth.
Over-regulation robs the inventiveness and risk-taking the
economy needs to grow. You all understand that better than
anybody. For the first few years, Fed Ex ran its business with
32 small planes. Any further expansion was inhibited by air
cargo regulations. Deregulation allowed Federal Express to buy
more planes -- larger planes -- for transport, and literally,
Federal Express took off.
We're going to energize our economy the same way. The days
of over-regulation are just that -- over.
That means reforming our legal system, too. When parents
won't coach Little League for fear of being slapped with a
liability lawsuit, and doctors stop delivering babies for fear of
and people stop volunteering tohelp others- -
a malpractice suit there's something wrong. That's why I sent
a bill to Congress to stop the frivolous lawsuits that drain our
5
wallets and tear apart our society. America won't find its way
out of this mess until we spend more time helping each other than
we do suing each other.
We also must reform our health care system. Anyone who's
had even a check-up knows that medical costs are going through
the roof. Although believe all Americans deserve quality health care
However, too many families go without health care coverage. My
plan focuses on opening up access to health care to all Americans
-- rich or poor. Some want to take us down the road of
nationalized health care. I think you and I both know
nationalized health care would be a national disaster. I say to
Congress: The American people need your help -- now is not the
time for government to play doctor.
I know that Congress can be a little slow doing things.
((Like the guys that take an hour-and-a-half just to watch "60
Minutes. ")) So I gave them a deadline -- March 20 -- to enact my
short-term plan. Unfortunately for the American people, the
Democrats in Congress had other ideas.
Last week, they passed a plan of their own. Here's what it
does: in exchange for an two-bit tax cut -- literally about 25
cents a day per taxpayer -- they will raise another $100 billion
in taxes.
They call the $100 billion "new revenues. " I have another
name for it: your money.
And to keep giving a quarter a day to Americans taxpayers
permanently, they need to jack up tax rates on every American
6
making more than $35,000 a year. That's right: $35,000. This
from the political party that wants to sock it to the rich and
placate the middle class. I don't call someone making $35,000 a
year rich -- I call them middle class voters who want the
Congress to stop raising taxes.
And if the Democrats in Congress want to send that bill to
me, I've got a message for them: I'll veto it -- absolutely,
positively, overnight.
The American people have had enough of the old game of tax
and spend. They want to get our economy back on track.
I'm sure you all have been hearing the airplanes flying
overhead. To some people that may sound like noise -- but it is
music to my ears: it is the sound of an economy on the move, an
economy that is world-wide: the sound of American ingenuity
taking off.
Since I took office, It has been my responsibility to work
for what is right for America. I often go back to the simple
ideal my parents taught me: Try your hardest, and do your best.
Well, let me tell you something -- I'm not finished yet. I want
your support for four more years. I say to the good people of
Tennessee: together we are going to make a change -- a change so
that for once Congress will believe in you and give the values
you believe in a real chance to work.
Thank you for your hard work and continued support. Bravo
zulu! May God bless you all.
#
#
#
#
#
SENT BY:Xerox Telecopier 7020 ; 3- 4-92 :10:45AM
:
2023953174-
6218:# 1
Document No. 31249855
WHITE HOUSE STAFFING MEMORANDUM
DATE: 3/3/92
ACTION/CONCURRENCE/COMMENT DUE BY: WED. 3/4/92 11:00am
PRESIDENTIAL REMARKS: FEDERAL EXPRESS
SUBJECT:
THURSDAY, MARCH 5, 1992 - MEMPHIS
ACTION FYI
ACTION FYI
VICE PRESIDENT
HORNER
SKINNER
MCBRIDE
SCOWCROFT
MOORE
DARMAN
PETERSMEYER
BRADY
PORTER
BROML
ROGICH
CALIO
ROLLINS
DEMAREST
SMITH
FITZWATER
YEUTTER
GRAY
FINDLAY
KAUFMAN
HOLIDAY
MCGROARTY
REMARKS:
BOSKIN
Please forward your comments directly to Dan McGroarty, Rm 122,
x2930, no later than 11:00 am, WED, MARCH 4, with a copy to
this office. Thankyou.
RESPONSE:
See See comments comments
PHILLIP.D. BRADY
Assistant to the President
and Staff Secretary
Ext. 2702
SENT BY:Xerox Telecopier 7020 ; 3- 4-92 :10:45AM ;
2023953174-
6218;# 2
(Ferguson\Aarhus)
March 2, 1992
Draft Two
32 MAR 3 P3: 52
FEDEX.2
PRESIDENTIAL REMARKS: FEDERAL EXPRESS
THURSDAY, MARCH 5, 1992
MEMPHIS, TENNESSEE
[Acknowledgments]
((I'm delighted to be here at Federal Express, a 1990
Malcolm Baldridge Quality Award winner. My staff told me they
weren't sure they could fit this stop in our schedule, but when I
heard it was a "Fred-said," I knew we had to do it, and fast!))
((You know, Fred Smith has always been very generous to me.
Fred, it's good to know that if Air Force One ever has a problem,
I can always ride in the "jump seat." 1 just hope I don't forget
the cookies. "
((The people of Memphis -- indeed all Americans -- face a
momentous decision this year. I would never presume to tell you
how to vote. It must be between you and your conscience which
Elvis should be on the postage stamp.))
It is a delight to be in this great state, because the
people of Tennessee believe in some big issues. We agree on the
values that are closest to our hearts. I'm talking about job
security. I'm talking about family. I'm talking about world
peace, for us, for our children, and for our families for
generations to come.
I am here today, because people in Memphis, as well as
people at Federal Express, embody the values that have made
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America Number One in the world. And I know that if the rest of
us follow your lead, America will stay Number One.
You don't shrink from a challenge, whether in the
marketplace or in the world at large. Think back a year ago, to
Operation Desert Storm: America faced a great challenge then,
and Tennessee met it proudly. Nearly 7,000 Tennesseans served
their country as Reservists or Members of the National Guard.
cargo missions than any other single carrier.
And Fed Ex flew more than half this country logistic
Howard
military fights. Believe me, that's a contribution America won't
x4659
soon forget.
What makes this city, this state, and this company so
successful? It's not hard to figure out. Look closely at what
happens right here at Federal Express. You seek out new
technologies and make them work. You see job training not as a
one-shot deal but as an on-going process. You set high
standards, constantly asking more of yourselves and your co-
workers. You encourage innovation. That's what being
competitive is all about.
The key to success is competitiveness. For some,
"competitiveness" is just this year's political buzz word. Here
in Memphis, it's a reality. Competitiveness is your key to
leadership.
Companies like Federal Express understand a central truth
about America: If we are to succeed economically at home, we must
lead economically abroad. Here at Fed Ex that's just common
sense. More than one-and-a-half-million packages pass through
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here every day, en route to all parts of the globe. Memphis is
already "America's distribution center," and now you're becoming
the world's. That means economic opportunity. It means jobs.
Believe it or not, some people haven't gotten the message.
They see the challenges of the global economy and they say: Let's
draw the blinds, bolt the doors and maybe the world will go away.
They push protectionism -- an ugly word that really means
surrender. Don't be fooled by the tough talk and the patriotic
bluster. Protectionism comes from fear -- fear that Americans
can't compete -- fear that Americans have no ideas, no foresight
-- fear that America can no longer lead. Well, there's one word
for that kind of fear: Baloney.
Let those skeptics come to Memphis: let them come to Federal
Express and see what it's really all about. Maybe then they'll
understand what you and I already know: Americans can out-
think, out-perform and out-produce anybody in the world.
Never in this country's history have Americans turned their
backs on a challenge. We don't run and hide -- we compete. And
we will continue to compete -- and because Americans accept
nothing but the best, we will win.
Yes, we've got work to do to keep America on top. My first
priority is to get this economy moving to create and preserve
NO
American jobs. I want all Americans to have maningful employratopormational hope
of economic advancement.
In my State of the Union address in January, I laid out my
two-part plan for economic recovery -- first: a seven-point plan
to strengthen the economy right now. And second, a longer-term
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plan to keep America growing strong for years to come. My plan
gets business moving again, hiring again. It gets the housing
market back on its feet with a $5,000 tax credit for first-time
homebuyers -- common sense proposals to get people buying homes,
and building homes.
Fortunately, I've been able to take some steps on my own.
For example, I've put a 90-day hold on new government regulations
so that all major Cabinet departments and agencies can conduct a
top-to-bottom review. I've given them clear instructions:
wherever possible they must speed up any regulations that
encourage economic growth; and they must scrap regulations that
restrict economic growth.
Over-regulation robs the inventiveness and risk-taking the
economy needs to grow. You all understand that better than
anybody. For the first few years, Fed Ex ran its business with
32 small planes. Any further expansion was inhibited by air
cargo regulations. Deregulation allowed Federal Express to buy
more planes -- larger planes -- for transport, and literally,
Federal Express took off.
We're going to energize our economy the same way. The days
of over-regulation are just that -- over.
That means reforming our legal system, too. When parents
won't coach Little League for fear of being slapped with a
liability lawsuit, and doctors stop delivering babies for fear of
and people stop volunteering tohelp others. -
a malpractice suit
there's something wrong. That's why I sent
a bill to Congress to stop the frivolous lawsuits that drain our
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wallets and tear apart our society. America won't find its way
out of this mess until we spend more time helping each other than
we do suing each other.
We also must reform our health care system. Anyone who's
had even a check-up knows that medical costs are going through
No
the roof. Although all Americans deserve quality health care,
However, too many families go without coverage. My
plan focuses on opening up access to health care to all Americans
-- rich or poor. Some want to take us down the road of
nationalized health care. I think you and I both know
nationalized health care would be a national disaster. I say to
Congress: The American people need your help -- now is not the
time for government to play doctor.
I know that Congress can be a little slow doing things.
((Like the guys that take an hour-and-a-half just to watch "60
Minutes. ")) So I gave them a deadline -- March 20 -- to enact my
short-term plan. Unfortunately for the American people, the
Democrats in Congress had other ideas.
Last week, they passed a plan of their own. Here's what it
does: in exchange for an two-bit tax cut -- literally about 25
cents a day per taxpayer -- they will raise another $100 billion
in taxes.
They call the $100 billion "new revenues." I have another
name for it: your money.
And to keep giving a quarter a day to Americans taxpayers
permanently, they need to jack up tax rates on every American