Ross Perot | Wikipedia audio article
Channel: wikipedia tts
Date: 04/12/2018

This is an audio version of the Wikipedia Article:
Ross Perot


00:02:54 1 Early life
00:04:14 2 Business
00:07:35 3 Political activities
00:07:45 3.1 Early political activities
00:09:30 3.2 1992 presidential campaign
00:16:53 3.3 Reform Party and 1996 presidential campaign
00:18:26 3.4 Later activities
00:21:25 4 Political views
00:22:04 4.1 Social issues
00:22:29 4.2 Economic policy
00:24:41 5 Personal life
00:25:12 6 Honors and achievements
00:26:55 7 Electoral history



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SUMMARY
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Henry Ross Perot (; born June 27, 1930) is an American business magnate and former politician. As the founder of the successful Electronic Data Systems corporation, he became a billionaire. He ran an independent presidential campaign in 1992 and a third party campaign in 1996, establishing the Reform Party in the latter election. Both campaigns were among the strongest presidential showings by a third party or independent candidate in U.S. history.
Born in Texarkana, Texas, he became a salesman for IBM after serving in the United States Navy. In 1962, he founded Electronic Data Systems, a data processing service company. In 1984, General Motors bought a controlling interest in the company for $2.4 billion. Perot established Perot Systems in 1988 and was an angel investor for NeXT, a computer company founded by Steve Jobs after he left Apple. Perot also became heavily involved in the Vietnam War POW/MIA issue, arguing that hundreds of American servicemen were left behind in Southeast Asia after the Vietnam War. During President George H. W. Bush's tenure, Perot became increasingly active in politics and strongly opposed the Gulf War and ratification of the North American Free Trade Agreement.
In 1992, Perot announced his intention to run for president and advocated a balanced budget, an end to the outsourcing of jobs, and the enactment of electronic direct democracy. A June 1992 Gallup poll showed Perot leading a three-way race against President Bush and presumptive Democratic nominee Bill Clinton. Perot briefly withdrew from the race in July, but re-entered the race in early October after he qualified for all 50 state ballots. He chose Admiral James Stockdale as his running mate and appeared in the 1992 CPD debates with Bush and Clinton. In the election, Perot won 18.9% of the popular vote but did not win any electoral votes. He won support from across the ideological and partisan spectrum, but performed best among self-described moderates. Perot ran for president again in 1996, establishing the Reform Party as a vehicle for his campaign. He won 8.4% of the popular vote against President Clinton and Republican nominee Bob Dole.
Perot did not seek public office again after 1996 and did not enter the 2000 Reform Party presidential primaries. He endorsed Republican George W. Bush over Reform nominee Pat Buchanan in the 2000 election and supported Republican Mitt Romney in 2008 and 2012. In 2009, Dell acquired Perot Systems for $3.9 billion. According to Forbes, Perot was the 167th richest person in the United States in 2016.