Ross Perot, self-made billionaire, patriot and philanthropist, dies at 89
Source: Dallas Morning News
Ross Perot, self-made billionaire, renowned patriot and two-time independent candidate for U.S. president, has died after a five-month battle with leukemia.
He was 89.
The pioneer of the computer services industry, who founded Electronic Data Systems Corp. in 1962 and Perot Systems Corp. 26 years later, was just 5-foot-6, but his presence filled a room.
"Describe my father?" Ross Perot Jr., his only son and CEO of the Perot Group, asked rhetorically in an interview. "Obviously a great family man, wonderful father. But at the end of the day, he was a wonderful humanitarian.
Read more: https://www.dallasnews.com/business/business/2019/07/09/ross-perot-self-made-billionaire-patriot-philanthropist-dies-89
Polybius
(15,411 posts)RIP.
Meadowoak
(5,545 posts)hlthe2b
(102,276 posts)RIP, Ross...
BeyondGeography
(39,374 posts)Including this:
Perot received a special award from the VA for his support of veterans and the military in 2009.
sinkingfeeling
(51,457 posts)TruckFump
(5,812 posts)You were and still are an original.
Recursion
(56,582 posts)I can't laud the guy's political life, but he was a fascinating character.
CTyankee
(63,912 posts)When I heard he had died, that quote sprung to mind.
What a character he was!
ArizonaLib
(1,242 posts)I wish Clinton would have sided with his views on the free trade agreements. I remember all those charts and all the incoming he took from SNL, etc. That was a crazy election.
Recursion
(56,582 posts)I just can't celebrate the guy
Demonaut
(8,916 posts)Recursion
(56,582 posts)I remember my town in the 80s with every single shop window boarded up, and then what it was like in the mid 90s when a brake pad factory opened as part of a US-Mexico supply chain. You couldn't pay us to go back to the old days.
Tactical Peek
(1,209 posts)I can't think of anything worse than a person in my position to be grasping for some tax advantage. I'm delighted to pay big taxes. Big taxes mean big income.
- H. Ross Perot
Farmer-Rick
(10,170 posts)I don't fault the poster of this very interesting article. I fault our capitalist society that so wants us to believe that it is a meritocracy, that our economic system is fair and anyone can be an oligarch. Perot came from a very well to do family. And he does acknowledge his father's drive for wealth. But in No Way did he do it on his own.
Perot's father was a commodities broker and made a pile of money off of selling cotton wholesale. He sent this son to private school and Junior College. His family has deep roots in Texarkana. And the tax payers picked up the cost of his college years because he went to the naval academy.
And as is the only way you can make big money off of starting your own company and competing in markets controlled by corporations today, Ross Perot sold the controlling interest of his first company to a big corporation for millions.
He was an interesting character but he owes a lot of his excess wealth to his family. He was helped out by a lot of less wealthy people, namely the tax payers.
BeyondGeography
(39,374 posts)Few go as far. Face it, the guy was a total sales animal. If you've ever known any, all they do is work.
Bengus81
(6,931 posts)But he wanted to own over 50% and call the shots. Blank and Marcus told him they didn't want or need another boss from which they had come. They just wanted investors.
MarcA
(2,195 posts)some talent and workaholic drive means you can be one of the very few
to make big $$$ from the government. While he seemed like a fairly decent
person he wasn't above using his government connections to overturn
state Medicaid contracts awarded to the competition or that no one cut
in on his land deals.
Response to Farmer-Rick (Reply #10)
geralmar This message was self-deleted by its author.
BigmanPigman
(51,591 posts)which was a dried up alligator foot or something.
Raine
(30,540 posts)Stallion
(6,474 posts)He definitely was more qualified than any Republican in the last 60 years to be President with the possible exception of George "the Less Stupid" Bush. Ross Junior was in my class in High School in Dallas and I knew his daughter Nancy and much of the family pretty well. He was a character for sure. But he worked across party lines, hated George Bush and never bought into the far right wing of the Republican Party. His policies were controversial but serious. He believed in hard work and the importance of education actually leading the charge to pass "No-Pass, No Play" sidelining student athletes from competing in high school athletics in Texas until they passed all their courses.
AtheistCrusader
(33,982 posts)Perot, who ran for president as a third-party candidate in 1992 and 1996, is largely credited with providing a road map for Trump's presidential campaign.
Like Trump, Perot ran as a billionaire populist against the Republican establishment. His focus on the North American Free Trade Agreement rather than the national debt and his use of cable news for laying out his agenda were both familiar elements of Trumps campaign.
As Democratic strategist James Carville put it in a 2016 podcast: If Donald Trump is the of Jesus of the disenchanted, displaced non-college white voter, then Perot was the John the Baptist of that sort of movement.