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Florida Primary News: Mitt Romney’s Only Hope to Be President – The Papa Bear Strategy January 27, 2012

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Mitt Romney’s Only Hope to Be President – The Papa Bear Strategy

By Dan Mangru

Another debate is in the can.  As voters watched last night’s GOP Presidential debate in Jacksonville, they saw a different kind of Mitt Romney.  They saw a Mitt Romney on the attack, and a candidate who would not back down.  But is that enough?

Think of Mitt Romney.  Tell me what comes to mind.

For some, an image of a successful executive comes to mind.  Mitt Romney has helped numerous companies turn around including Staples, Brookstone, Domino’s Pizza, Sports Authority, and the 2002 Winter Olympics.  Romney also led an effective conservative government in the most liberal state in America, Massachusetts.

For others, a political flip-flopper comes into view.  Rudy Giuliani recently said on MSNBC that he ran against Romney and didn’t know what he truly believes.  To date, Romney has changed views on abortion, health care, labor, and gay marriage amongst other issues.

But here’s one image that probably won’t come into your mind that should: Papa Bear.

Behind the exterior of the cold, hard, shiny CEO, lies a man who loves being with his kids and grandkids.  He loves being out in nature, and horsing around with the little ones like any good granddad would.

Just look at Mitt’s Christmas card.  He’s got the grandkids on his arm, just enjoying being outdoors and spending time with his family.  Wouldn’t you want that guy to be your granddad, your ‘Papa Bear’?

When Sears introduced their advertising slogan, “Come see the softer side of Sears”, their sales shot up 30 percent.  That’s nothing to sneeze at.

Do you think Mitt Romney could use a 30 percent boost in the polls?

Absolutely.  Mitt Romney has been largely aloof in an overexposed GOP primary.  He has even shied away from interviews with conservatives like Sean Hannity and Bill O’Reilly of Fox News.

The only Romney that we know is that guy in the suit at the debates, making the speeches, collecting the campaign contribution from wealthy donors.

But there is more to that than what meets the eye.  Mitt Romney has kept his private life private and his public life public.  Now is the time for him to let America into his private life.  Here is a man who loves his wife, has a beautiful family, and who seems to be an all-around great guy.

Romney’s campaign has always said that Republican voters have been dating candidates like Rick Perry, Michelle Bachmann, Herman Cain, Rick Santorum, and Newt Gingrich but in the end they will marry Romney.  If Romney wants to be the candidate conservatives marry, they need to see him as a real person and not someone who is cold, hard, shiny, and plastic.

When George W. Bush was elected president, people felt like he was a guy you could go bowling with and have a beer.  When Barack Obama was elected president, people felt that he was a family man who was in tune with popular culture.  Through popular culture, Americans began to relate to Barack Obama.

Part of the appeal of former House Speaker Newt Gingrich is that he’s made mistakes, and has asked for forgiveness.  We’ve all made mistakes and can identify with that.  Part of the Mitt Romney image is that he’s figuratively never made any mistakes or done anything that a working class Floridian or American can identify with, for the most part.

America has not related to Mitt Romney, at least not yet.  Still some 60-75 percent of voters (depending on which poll you read) believe that another candidate not named Mitt Romney is best to lead this nation.  After five years of campaigning, that should speak volumes.

During his tenure as Massachusetts governor, Romney turned around a state that was heavily in debt so much that by the end of his term as governor, he had amassed a rainy day fund of over $2billion.  That’s the record that Romney brings to the table.

Voters know that this election counts.  President Obama has driven America off the cliff with over $15 trillion in debt.  The economy is showing signs of a double dip recession.  Unemployment still remains around 9 percent (although the last figures came in at 8.6 percent for November).

There is a lot on the line for this election, and after 19 debates the GOP still hasn’t decided who their flag bearer will be.

Mitt still has a chance.  As quick as they rise is as fast as they fall.  Mitt can make a major move literally overnight with just one simple strategy: Papa Bear.  Give us a glimpse into Mitt Romney the man, the husband, the granddad, the human being, and America just might give you a glimpse into the Oval Office.

A tale of two housing busts: Why is California recovering and Florida still struggling? November 6, 2010

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Many experts say the difference is California’s simpler foreclosure process, which doesn’t involve the courts.

November 05, 2010|By Alejandro Lazo and E. Scott Reckard, Los Angeles Times

California and Florida had a lot in common during the housing industry’s last boom-and-bust cycle.

Both were overrun by buyers hooked on high-risk mortgages, speculators who helped push prices to historic peaks and builders who didn’t know when to stop. When the bubble burst, the two states became leaders in mortgage defaults, price declines and tracts of unsold new homes.

But in the last year or so, California’s housing market, though still weak, has begun recovering, while Florida’s remains on the critical list.

There are several reasons for the difference, but many experts say a key one is the approach to foreclosure.

California keeps things less complicated and largely outside the courtroom, making it easier for banks to seize and resell homes. Like 22 other states, Florida requires that repossessions be approved by judges, which some argue provides extra protection for homeowners but can delay the process for months.

“The California process is very efficient, and that allows the state to work through the foreclosure morass much more quickly, and the result is a more stable housing market and economy,” said Mark Zandi, chief economist for Moody’s Economy.com.

“Florida, in contrast, because of the process being so mucked up there, they still have a long way to go in working through their problem loans, and so their housing economy remains under significant pressure,” he said.

Home prices in the two states tell the tale.

California home sales and prices have tapered off since the boost from federal tax credits for buyers vanished in July, but home values are up considerably from the worst days of the bust. The median price for town homes, condominiums and single-family houses in September was $265,000, up 20% from the bottom in April 2009, according to MDA DataQuick.

In Florida, prices in much of the state have struggled to find a bottom. The median price of a single-family home in Florida was $133,400 in September, a 48% decline from its June 2006 peak, according to data from the Florida Assn. of Realtors. Condominium prices have seen an even bigger plunge, with the statewide median hitting $83,400 in September, a 61% drop from its June 2006 peak.

Another closely watched indicator, the Standard & Poor’s/Case-Shiller index, shows prices in Los Angeles up 10% from their bottom, San Diego up 14% and San Francisco up 21%. In Miami, home prices have remained relatively flat, up 2% from their bottom, and Tampa-area prices have yet to stop falling.

The different types of foreclosure systems have come into focus in recent weeks after major lenders acknowledged that in some states where a court order was required to seize a home they had employed so-called robo-signers, who attested to the accuracy of foreclosure documents without reading them.

Those improprieties prompted some major banks to halt foreclosure proceedings temporarily, sparked investigations by state and federal agencies and led to calls for a national foreclosure moratorium, which the Obama administration has resisted.

The paperwork fiasco brought to light a cold fact: Calling in a judge slows the repossession machine.

The average borrower in default lost the home after failing to make mortgage payments for 25 months in Florida and the other states where court approval is required for repossessions, according to a study by Amherst Securities Group. The average is 19 months in California and other so-called nonjudicial states.

The process could be even faster in states like California, but banks have been slowed by moratoriums, loan-modification programs and their own efforts to manage the number of properties reaching the market.

Such interim restrictions, as well as the slower court process, may be more fair to borrowers who were hustled into risky loans they didn’t understand and more merciful to those who temporarily fell behind in their house payments because of short-term financial problems.

But harsh as it sounds, experts said, failing to foreclose on borrowers who can’t afford to stay in their homes only delays a recovery for housing and the general economy.

“Trying to get the volume of foreclosures that you need to take place is difficult,” said Sean M. Snaith, director of the University of Central Florida’s Institute for Economic Competitiveness. “As long as these homes are in foreclosure purgatory, we haven’t completed that process, and it is hard to talk about stabilization.”

Though California’s system may be more efficient, it isn’t particularly compassionate or free from error, said Maeve Elise Brown, executive director of the Housing and Economic Rights Advocates in Oakland. Her group has helped several homeowners who say their lenders wrongfully foreclosed.

She said there are clear problems with the way lenders are conducting repossessions in the state, but “we don’t have the benefit of a judicial process.”

California’s foreclosure wave began in 2007, triggered by falling home values and resets on adjustable-rate mortgages, and peaked in the summer months of 2008. Since then the pace of foreclosures has dropped considerably, and bank seizures dropped 44% in the third quarter compared with the peak two years ago, according to data from RealtyTrac Inc. in Irvine.

Florida remains jammed with a huge backlog of troubled loans. The state set a record for bank repossessions just last month, with more than 13,200 homes seized by lenders, according to RealtyTrac.

Faster foreclosures are only one factor boosting California’s housing market. The industry has been buoyed by the state’s more diverse and dynamic economy, and the coastal cities didn’t get the kind of unrestrained development that Florida’s beachfront cities saw.

“The enormous amount of speculation that occurred in Florida certainly contributed mightily to the decline, whereas in California you never had quite the tremendous supply of condominiums, and certainly there weren’t as many along the water,” said Lewis M. Goodkin, president of Goodkin Consulting Corp., a real estate research and advisory firm in Miami.

“Prices jumped dramatically, and now people are buying for 50 cents on the dollar, and I still don’t think it’s a bargain,” he said.

Recognizing that Florida’s foreclosure backlog remains a major impediment to the state’s recovery, the Florida Legislature this year approved $9.6 million to hire judges, magistrates, case managers and clerks to handle the foreclosure caseload in the state’s 20 circuit courts.

The state also sought to clear its big pile of bad loans faster by employing a special system of rapid court hearings that sometimes last less than a minute — a process that earned the nickname “rocket docket.”

“It would move much faster if the banks and the attorneys would get their act together,” said Orlando lawyer Matt Englett, who represents borrowers. “Most people, they don’t go hire lawyers and contest them. Most people don’t do anything.”



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Taxation By Representation on Sugary Drinks Ban for New York City – The Mangru Report October 19, 2010

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After Congress failed to pass a 10 cent tax on sugary drinks such as soda, New York City united behind Mayor Mike Bloomberg and Gov. David Patterson is now trying to implement a sugary drink ban in New York City for all food stamp recipients. Patterson and Bloomberg contend that all of the public spending on healthcare and the links to diabetes and other diseases justifies the government ban.

Opponents of the measure say that this is just another nanny-state solution by New York, and that this is another case of class warfare, with the less fortunate being targeted.

Watch The Mangru Report Panel of Experts composed of John Browne (Euro-Pacific Capital), Paschal Liguori (Premier Estate Properties), and Florida House of Representatives Majority Leader Adam Hasner debate both sides of the issue and look at the real costs at hand.

LTC Allen West 9/11 One-On-One Interview with Dan Mangru – The Mangru Report – Episode 17 September 11, 2010

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Thank you for watching today’s episode of The Mangru Report.  We hope that it gave you some new insight on 9/11 and reminded you of the day that America should never forget.  We will be releasing various extended coverage items of that episode on the website throughout the next couple of days.

In case you missed it, here’s our interview with LTC Allen West. Watch West West discuss the war on terror, why we need to properly identify our enemy, carrying the memory of those fallen on 9/11, fighting for freedom, and ultimately why we can win the war.

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

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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.

Carl Domino One-On-One with Dan Mangru – The Mangru Report – Episode 10 July 15, 2010

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From episode 10 of The Mangru Report, watch Palm Beach Investment Manager and Candidate for Florida Senate Carl Domino for District 25 discuss a second stimulus after President Barack Obama’s Economic Advisor Larry Summers suggested publicly that a new infusion of spending was necessary to the economy.

Domino also discusses in this interview with Dan Mangru topics such as retirement investing, inflation, stocks, bonds, and his thoughts on U.S. tax dollars being spent on illegals.  Carl Domino’s firm Carl Domino Inc. currently has over $2 billion in assets after starting with just over $3 million of assets under management during its initial formation.  Carl Domino’s opponent in the Republican Florida Senate Primary is Ellyn Bogdanoff.

Marco Rubio One-On-One With Dan Mangru – The Mangru Report – Episode 8 June 22, 2010

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Rising political star and 2010 U.S. Senate Candidate from Florida Marco Rubio chats with Dan Mangru in this edition of the Mangru One-On-One.  In what is becoming classic Mangru style, Dan Mangru questions Rubio on his strong alliegiance to Israel, his support for a hard balanced budget amendment, whether he has a real jobs plan or not, his Jeb Bush connection and why a Tea Party that dispises Washington D.C. lawyer-turned-politicians can trust this lawyer-turned-politician.

Tune in TONIGHT and The Mangru Moment – Episodes 5 & 6 – The Mangru Report June 13, 2010

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Be sure to tune into The Mangru Report tonight (Sunday) at 5:30 p.m. eastern time on Fox Business Network to watch U.S. Congressional Candidate Lt. Col. Allen West and Cato Institute’s Dr. Daniel Mitchell.

Also in case you missed them, here are the last two Mangru Moments.  The first one is from episode 5 discussing faith and success.  The second one is from episode 6 discussing how the U.S. rewards bad behavior.

Commodity Corner & Taxation By Representation – The Mangru Report – Episode 6 June 11, 2010

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From episode 6 of The Mangru Report,two hard hitting segments with our Mangru Report Panel of Experts (Anthony Pulieri, John Browne, and Al Zucaro) look at the economic and political impact of the BP oil spill and why making more money doesn’t pay off in the new Obama economy.  Enjoy!

P.S. Don’t forget to tune into this Saturday and Sunday’s show with U.S. Congressional Candidate from Florida, Ret. Lt. Col. Allen West and Senior Fellow at the Cato Institute Dr. Daniel Mitchell.

U.S. Congressional Candidate Ret. Lt. Col. Allen West To Appear On The Mangru Report This Saturday (6/12) & Sunday (6/13) June 10, 2010

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Tune in this Saturday and Sunday at 5:30 p.m. to see U.S. Congressional Candidate from Florida’s 22nd district, Ret. Lt. Col. Allen West as he sits down for a candid discussion with Dan Mangru of The Mangru Report.  During this interview, they discuss everything from the space program, jobs, the BP oil spill, the viability of natural gas and renewable energy sources, taxes, as well as what qualifies Allen West to make economic decisions.