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Dan Mangru on What It Means to Be Free – The Mangru Moment – The Mangru Report on Fox Business February 7, 2011

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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.

Bonus:

Steve Forbes FreedomFest Interview:

Why Obama Is No Roosevelt – WSJ Opinion Piece November 4, 2010

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Why Obama Is No Roosevelt

Roosevelt: ‘Your government has unmistakable confidence in your ability to hear the worst without flinching and losing heart.’ Obama: We don’t ‘always think clearly when we’re scared.’

By DOROTHY RABINOWITZ

Whatever the outcome of today’s election, this much is clear: It will be a long time before Americans ever again decide that the leadership of the nation should go to a legislator of negligible experience—with a voting record, as state and U.S. senator, consisting largely of “present,” and an election platform based on glowing promises of transcendence. A platform vowing, unforgettably, to restore us—a country lost to arrogance and crimes against humanity—to a place of respect in the world.

Deputy editor Daniel Henninger, editorial board member Matthew Kaminski, and WSJ.com columnist John Fund analyze tomorrow’s referendum on Obama-Pelosi governance.

We would win back our allies who, so far as we knew, hadn’t been lost anywhere. Though once Mr. Obama was elected and began dissing them with returned Churchill busts and airy claims of ignorance about the existence of any special relationship between the United States and Great Britain, the British, at least, have been feeling less like pals of old.

In the nearly 24 months since Mr. Obama’s election, popular enthusiasm for him has gone the way of his famous speeches—lyrical, inspired and unburdened by the weight of concrete thought.

About the ingratitude of Democratic voters the president brooded in a September Rolling Stone interview. “If people now want to take their ball and go home,” he declared, “that tells me folks weren’t serious in the first place.” His vice president, Joe Biden, had a few days earlier contributed his own distinctive effort to seduce Democrats back to the fold by telling them to “stop whining.”

The results of this charm campaign remain to be seen. What’s clear now is that we’ve heard quite enough about the “angry electorate”—a peculiarly reductive view of citizens who’ve managed to read all the signs and detect an administration they were not prepared to live with.

Martin Kozlowski

rabinowitz

rabinowitz

Nothing wakened their instincts more than the administration’s insistence on its health-care bill—its whiff of totalitarian will, its secretiveness, its display of cold assurance that the new president’s social agenda trumped everything.

But it was about far more than health-care reform, or joblessness, or the great ideological divide between the president and the rest of the country. It was about an accumulation of facts quietly taken in that told Americans that the man they had sent to the White House had neither the character or the capacity to lead the country.

Their president was the toast of Europe, masterful before the adoring crowds—but one who had remarkably soon proved unable to inspire, in citizens at home, any belief that he was a leader they could trust. Or one who trusted them or their instincts. His Democratic voters were unhappy? They, and their limited capacities, were to blame.

These are conspicuous breaks in the armor of civility and charm that candidate Obama once showed—and those breaks are multiplying.

At a Democratic fund-raiser a few weeks ago, the president noted, in explanation for the Democrats’ lack of enthusiasm, that facts and science and argument aren’t winning the day because “we’re hard-wired not to always think clearly when we’re scared.” The suggestion was clear: The Democrats’ growing resistance to his policies was a product of the public’s lack of intellectual capacity and their fears.

Decades ago another president directly addressed Americans in a time of far greater peril. “Your government has unmistakable confidence in your ability to hear the worst without flinching and losing heart,” Franklin Roosevelt told his national audience. The occasion was a fireside chat delivered Feb. 23, 1942. No radio address then or since has ever imparted a presidential message so remarkable in its detail, complexity and faith in its audience.

It was delivered just a few months after Pearl Harbor, a time when the Allied cause looked bleakest. It would be known to history as “The Map Speech.” The president had asked Americans to have a map at hand, “to follow with me the references I shall make to the world- encircling battle lines of this war.” He took them through those lines, the status of battles around the globe, the enemy’s objectives, centers of raw material and far more. By the time they had finished poring over their maps with him they had had a considerable education.

It is impossible to imagine what might have been the effect if the current president, who is regularly compared to FDR—always a source of amazement—had tried anything like a detailed address explaining, say, the new health-care bill. Though this would have required knowledge of what was actually in the bill (a likely problem) and a readiness to share that news (an even greater one).

Election Night at Opinion Journal

Visit WSJ.com on Tuesday night for live commentary from The Wall Street Journal editorial board.

Despite the ongoing work of legions grinding out endless new and improved proofs that FDR was a despoiler of democracy and our economic system, it is worth remembering the reason virtually all serious historians rank him among the top three of our greatest presidents.

Franklin Roosevelt led the nation through 12 years begun in incomparable national misery virtually to the end of the war. When he died, an anguished country mourned as it had not done since the death of Lincoln. Americans trusted him. The story is told of a man found weeping when Roosevelt’s funeral train went past, who was asked if he had known the president. “I didn’t know him,” he replied. “But he knew me.”

The times are now vastly different—no one expects a candidate with the powers of an FDR these days. But the requirements of leadership don’t change. Despite charm and intellect, Americans have never been able to see in Mr. Obama a president who spoke to them and for them. He has been their lecturer-in-chief, a planner of programs for his vision of a new and progressive society.

Plenty of suggestions, none of them feasible, are in the air now about how he can reposition himself for 2012, and move to the center. Mr. Obama is who he is: a man of deep-dyed ideological inclinations, with a persona to match. And that isn’t going away.

The Democrats may not take a complete battering in the current contest, but there is no doubt of the problems ahead. This election has everything to do with the man in the White House about whom Americans have lost their illusions. Illusions matter. Their loss is irrecoverable.

Ms. Rabinowitz is a member of the Journal’s editorial board.

Healthy School Lunches – Taxation By Representation – The Mangru Report on Fox Business October 12, 2010

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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.


More Links:

Worried About Your Wealth? – Read This TODAY

New Poll: Was George W. Bush a better President than Barack  Obama? – CLICK HERE TO VOTE

Download The Mangru Report App for your iPhone, iPad, or iPod Touch

Follow TheMangruReport on Facebook

Former NFL Player Kerry Parker Interview with Dan Mangru on New Orleans, Katrina & BP Oil Spill October 11, 2010

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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.

More Links:

No Promises, just sound financial advice

Follow The Mangru Report on Twitter

New Poll: Was George W. Bush a better President than Barack  Obama? – CLICK HERE TO VOTE

Download The Mangru Report App for your iPhone, iPad, or iPod Touch

Commodity Corner – Brazil’s Big Oil Bet – The Mangru Report on Fox Business – Episode 20 October 10, 2010

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While most people in America have been focusing on an upcoming General Motors (GM) IPO that was supposed to be some $70 billion dollars, it seems that Brazil has beat us to the punch. Recently, state-run Brazilian oil giant Petrobras (NYSE: PBR) raised some $70-75 billion in a secondary stock offering that was completed late September to finance the company’s growth and expansion, in particular new offshore deposits of oil found off the coast of Brazil.

Watch Dan Mangru and the Mangru Report Panel of Experts composed of John Browne (Euro-Pacific Capital), Anthony Pulieri (United Bullion Group), and Michael Solomon (Author, Where Did My America Go?) discuss whether the $75 billion was a good bet on Petrobras, whether the incoming Brazilian government will take Petrobras in a more socialist direction, and how the U.S. is invested in offshore oil in Brazil but not in America.

 

Important Links:

No Promises, just sound advice

Follow The Mangru Report on Twitter

New Poll: Was George W. Bush a better President than Barack  Obama? – CLICK HERE TO VOTE

Download The Mangru Report App for your iPhone, iPad, or iPod Touch

 

The Mangru Moment on No Money Down Homes…AGAIN – Episode 14 – The Mangru Report October 6, 2010

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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

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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

Lou Pritchett’s Open Letter To Barack Obama October 3, 2010

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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.

Former New York Governor George Pataki 9/11 Interview with Dan Mangru – The Mangru Report – Episode 17 September 13, 2010

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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

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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.