AN OPEN LETTER TO PRESIDENT OBAMA
(Be sure to watch Lou Pritchett today on The Mangru Report at 5:30 p.m. on Fox Business Network.)Dear President Obama:
You are the thirteenth President under whom I have lived and unlike any of the others, you truly scare me.
You scare me because after months of exposure, I know nothing about you.
You scare me because I do not know how you paid for your expensive Ivy League education and your upscale lifestyle and housing with no visible signs of support.
You scare me because you did not spend the formative years of youth growing up in America and culturally you are not an American.
You scare me because you have never run a company or met a payroll.
You scare me because you have never had military experience, thus don’t understand it at its core.
You scare me because you lack humility and ‘class’, always blaming others.
You scare me because for over half your life you have aligned yourself with radical extremists who hate America and you refuse to publicly denounce these radicals who wish to see America fail.
You scare me because you are a cheerleader for the ‘blame America’ crowd and deliver this message abroad.
You scare me because you want to change America to a European style country where the government sector dominates instead of the private sector.
You scare me because you want to replace our health care system with a government controlled one.
You scare me because you prefer ‘wind mills’ to responsibly capitalizing on our own vast oil, coal and shale reserves.
You scare me because you want to kill the American capitalist goose that lays the golden egg which provides the highest standard of living in the world.
You scare me because you have begun to use ‘extortion’ tactics against certain banks and corporations.
You scare me because your own political party shrinks from challenging you on your wild and irresponsible spending proposals.
You scare me because you will not openly listen to or even consider opposing points of view from intelligent people.
You scare me because you falsely believe that you are both omnipotent and omniscient.
You scare me because the media gives you a free pass on everything you do.
You scare me because you demonize and want to silence the Limbaughs, Hannitys, O’Relllys and Becks who offer opposing, conservative points of view.
You scare me because you prefer controlling over governing.
Finally, you scare me because if you serve a second term I will probably not feel safe in writing a similar letter in 8 years.
Lou Pritchett
(Be sure to watch Lou Pritchett today on The Mangru Report at 5:30 p.m. on Fox Business Network.)
The author, Lou Pritchett, is a well-known public speaker who retired after a successful 36-year career as the VP World Sales for Proctor and Gamble.
Lou Pritchett is one of corporate America’s true living legends- an acclaimed author, dynamic teacher and one of the world’s highest rated speakers. Successful corporate executives everywhere recognize him as the foremost leader in change management. Lou changed the way America does business by creating an audacious concept that came to be known as “partnering.” Pritchett rose from soap salesman to Vice-President, Sales and Customer Development for Procter and Gamble and over the course of 36 years, made corporate history.
Be sure to watch Lou Pritchett today on The Mangru Report at 5:30 p.m. on Fox Business Network.
Dan Mangru on What It Means to Be Free – The Mangru Moment – The Mangru Report on Fox Business February 7, 2011
Posted by Admin in Interviews.Tags: dan mangru, economic, economy, financial, Fox Business, freedom, government, liberty, mangru report, news, peter schiff, rights, steve forbes, talk, tv
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At the conclusion of The Mangru Report’s coverage of Freedom Fest, Dan Mangru sits down for an introspective look on what it means to be free and how Americans should be exercising the right that so many gave their lives for.
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Steve Forbes FreedomFest Interview:
Former NFL Player Kerry Parker Interview with Dan Mangru on New Orleans, Katrina & BP Oil Spill October 11, 2010
Posted by Admin in Interviews.Tags: 50/5 program, BP, British Petroleum, commentary, dan mangru, discussion, economy, finance, government, hurricane, interviews, kansas city chiefs, katrina, Kerry Parker, National football league, New Orleans, NFL, oakland raiders, oil, rebuilding, Saints, Small Business, spill, talk, The Mangru Report, tv
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Former NFL Player Kerry Parker (Kansas City Chiefs, Oakland Raiders) sits down with Dan Mangru to discuss what’s going on in New Orleans, five years after the events of Hurricane Katrina. Parker, a participant from the NFL Alumni Association with the 50/5 program (50 homes in 5 days), shares with Mangru how the government has failed in rebuilding Katrina, why private people need to step up in the community, whether small businesses are still waiting for money from BP & the government, and what he’s doing in the community to help kids, the homeless, and those in need to become better citizens of the world.
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The Mangru Moment on No Money Down Homes…AGAIN – Episode 14 – The Mangru Report October 6, 2010
Posted by Admin in Dan Mangru, News.Tags: bust, crisis, fannie mae, franklin raines, Freddie Mac, gibbs, government, homes, mortgages, no money down, obama, recession, subprime
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Just when you thought that finally the government had learned it’s lesson, you hear about stuff like this and remember why you have so little faith in Washington D.C.
Watch Dan Mangru from Episode 14 of The Mangru Report discuss the federal government giving away no money down loans again in the midst of the biggest subprime financial crisis in history and how our friends at Fannie Mae and Freddie Mac are making it all happen.
The Unseen Costs of Obamacare – Guest Commentary by Richard S. Bernstein October 5, 2010
Posted by Admin in Market Commentary, News.Tags: business, cost, deficit, Fox, FSA, government, healthcare, hsa, insurance, mcdonald's, news, obamacare, Richard S. Bernstein, spending, tax, The Mangru Report, w-2
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The Unseen Costs of Obamacare
By Richard S. Bernstein
Chief Executive Officer,
Richard S. Bernstein & Associates Inc.
Last week, I received two visits from employees, both with the same question: “You mean I’m going to have to pay income tax next year on the health insurance benefits you give me?”
The only answer I was able to give them was: Not yet.
It has been six months since Congress passed the Patient Protection and Affordable Care Act, yet still, we continue to find and learn new things about how the “Obamacare” health care bill will affect the average American.
What my two employees recently learned was that, beginning in January 2011, every American who receives health insurance through his or her employer will see that insurance benefits show up in his or her W-2 form. For the time being, that doesn’t mean they are paying taxes on this benefit – only that they are disclosing the value of that benefit to the government.
Raise your hand if you believe this won’t lead to a new tax? After the midterm election, of course.
Meanwhile, many of the Americans who can least afford a new expense arelikely to see one, unless Congress repeals another facet of Obamacare. McDonald’s Corp. this week announced plans to drop the low-cost, effective health care plan it offers to nearly 30,000 hourly restaurant workers if that clause – which mandates that a certain percentage of revenue has to go to claims rather than administrative costs – is waived. If that happens, those hourly workers – all of whom likely fall into the group of Americans that Obama promised not to raise taxes on, as they make less than $250,000 a year – will find themselves paying significantly more for health insurance.
While this isn’t precisely a tax increase, it creates the same effect: it takes money from Americans’ pockets, many of whom are living paycheck-to-paycheck.
This is a real effect of Obamacare that will affect their quality of life; even more than that, it is a real effect of Obamacare that will decrease Americans’ spendable income – and that will be felt throughout our economy.
I say this as a person who works in the insurance industry, and who strongly believes that our nation’s health care system rode off the tracks many years ago. In some places, Obamacare will help put us back on track: that the bill has removed lifetime limits on insurance coverage; that it has prohibited insurance companies from rescinding coverage, or from discriminating against Americans with pre-existing conditions – these are good things that have been a long time coming.
But, like a young woman preparing for the prom, the cost of changing our health care system isn’t as simple as paying for the ticket. That young woman needs
a dress, shoes, accessories – all things that come with an extra cost. The same is true of our health care bill – everything comes with an extra cost.
And before Americans go to the polls this November – where most will, without a doubt, have health care on the brain – they should understand those costs.
They should understand that employers like McDonald’s Corp could drop their affordable health care plans.
They should understand that the cost of both drugs and hospital visits have gone up since Obamacare’s passage, at least partially because drug companies and hospitals don’t know what the future holds, and want to ensure a cash reserve if their finances take a dive under the new health care laws.
They should understand that, if they currently use a Health Savings Account (HSA) to purchase over-the-counter drugs, allowing them to write off those medications on their taxes, that practice will end under Obamacare.
They should understand that taking money from their HSA for non-medical purposes will no longer come with a 10 percent penalty; now, that penalty will be 20 percent. And they should understand that their Flexible Spending Accounts (FSA) will be capped at $2,500. So the payroll deductions that currently go into Flexible Spending Accounts tax-free will become capped under Obamacare. And in today’s medical world, $2,500 doesn’t go very far.
In all, there are more than 20 examples like this – new, higher taxes that will go into effect under Obamacare, some as soon as January 1, 2011.
And that’s only what we’ve found so far.
Richard S. Bernstein is one of the nation’s top insurance advisors to high net worth individuals, businesses, and charitable organizations. He’s been featured in many national publications and has joined The Mangru Report on Fox Business as a featured panelist. You can find out more about Mr. Bernstein by visting his corporate website www.rbernstein.com
Former New York Governor George Pataki 9/11 Interview with Dan Mangru – The Mangru Report – Episode 17 September 13, 2010
Posted by Admin in Dan Mangru, Interviews.Tags: 11, 9/11, al-qaeda, America, attacks, business, dan mangru, finance, Fox, Fox Business, freedom tower, george, government, governor, ground zero, lower manhattan, mangru report, mosque, New york, ny, osama bin laden, pataki, september, talk, terrorism, tv, Twin Towers, world trade center, wtc
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Watch Dan Mangru interview former New York Governor George Pataki about the relevancy of 9/11 today discussing the state of islamic terrorism including the Times Square and Christmas bombers. Pataki then recounts where he was when he first learned of the attacks and how he responded to them. In addition, Pataki states his position on the Ground Zero mosque and why America should be careful not be anti-islam. Also he shares what has happened in New York since 9/11, why Ground Zero still has not been built yet, the current status of the 1776 ft. tall Freedom Tower, and why Americans should be proud.
Also to find out more about the victims of 9/11 CLICK HERE NOW to visit Legacy.com’s 9/11 Tribute.
Joseph Abruzzo – Mangru One-On-One – Episode 14 – The Mangru Report August 30, 2010
Posted by Admin in Interviews.Tags: abruzzo, business, commentary, cut, dan mangru, deficits, democrat, democratic, district 85, finance, florida, Fox, government, house, joseph, pension, representative, spending, state, state budget, talk, taxes, The Mangru Report, tv, unfunded
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Watch rising Democratic star and Florida State Rep. Joseph Abruzzo (D-FL) go One-On-One with Dan Mangru. During their interview, Abruzzo shares his thoughts on whether to raise taxes or cut spending, state budget deficits, where to cut spending, unfunded pension liabilities, Charlie Crist, Kendrick Meek and the 2010 U.S. Senate race in Florida. Abruzzo is currently running for reelection to the State House of Representatives in Florida’s District 85.







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Healthy School Lunches – Taxation By Representation – The Mangru Report on Fox Business October 12, 2010
Posted by Admin in Panel Discussion.Tags: analysis, Anthony Pulieri, Capital, cell phone radiation, commentary, Congress, dan mangru, discussion, economic, economy, education, educational, Euro-Pacific, finance, government, government spending, Healthy School Lunches, house, HR 5504, Improving Nutrition for America's Children Act, interviews, Jim Knight, john browne, low income, news, pelosi, physical fitness, politics, Representation, representatives, talk, taxation, taxes, television, The Knight Group, The Mangru Report, United Bullion Group
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As Congress continues to debate a new bill to implement healthy school lunches across the country (HR 5504, Improving Nutrition for America’s Children Act), The Mangru Report panel of experts composed of John Browne (Euro-Pacific Capital), Anthony Pulieri (United Bullion Group), and Jim Knight (The Knight Group) discusses the merits of the bill and whether this is solving an epidemic problem or just more government spending.
The panel also weighs whether the healthy school lunches should be income based as opposed to being distributed to all students, whether food stamps should be cut to pay for it, whether physical fitness programs should accompany the healthy lunches, and whether the government should be intruding further into our lives.
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