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Election Wrap Up – Marco Rubio, Carly Fiorina, LTC(R) Allen West, Peter Schiff & More November 4, 2010

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With the election results finally winding down, it’s time to look back at some of our favorite candidate interviews and how they fared in the 2010 elections.

Marco Rubio – Candidate for U.S. Senate – Florida  (Won)

 

Carly Fiorina – Candidate for U.S. Senate – California (Lost)

Lt. Col. (Ret.) Allen West – Candidate for U.S. House of Representatives – Florida (Won)

 

Peter Schiff – Candidate for U.S. Senate – Connecticut (Lost in Primary)

Joseph Abruzzo – Candidate for Florida House of Representatives – (Won)

Rep. Carl Domino – Candidate for Florida Senate – (Lost in Primary)

 

Interview with Edward Gonzalez – Candidate for U.S. Congress November 3, 2010

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Update: Edward Gonzalez made a strong showing as a libertarian candidate with 7% in his district.

*** Edward Gonzalez is a candidate for U.S. Congress in California’s 16th District.

Edward Gonzalez for Congress Website


Below is the transcript of Dan Mangru’s exclusive interview with Edward Gonzalez.
Mangru: The problem with many third party candidates is that they never win, so people are reluctant to vote for them.  What do you think needs to be done to change that mindset?
Gonzalez: Americans are begging for a small government, pro U.S. Constitution party.  While the GOP claims to stand for freedom, their actions show otherwise.  If the establishment Republicans do not fight to reduce the size of government, I think we will see a huge majority of people voting for a third party.  I think the mindset is already starting to change.
Mangru: The Tea Party has been a major force in America.  But instead of becoming an organized political movement it has migrated into the Republican Party.  Do you think this is a smart move, seeing as how third parties face huge hurdles such as ballot access, notoriety, etc?
Gonzalez: We need a legitimate “small government” party.  The Republicans talk about small government when they are out of power, but the moment they are in control, they push ahead with large government programs and deficit spending.  The Tea Party movement is trying to make the Republican Party into a true small government party.  They may succeed.  I hope they do succeed, but I am not optimistic.  I think there is a greater likelihood that the Republican Party will disappoint the small government movement.  At that point the Tea Party may move to form its own party, or join the small government party that already exists:  The Libertarian Party.
Mangru: California has always been an experimental testing ground for may policies.  What is your stance on recreational marijuana and do we need to advance items that make Americans less productive in the middle of a recession?
Gonzalez: I own my body.  You own your body.  I decide what goes into mine and you in yours, not the government.  No politician has the right to tell me what I can or cannot put in my own body.
The “War on Drugs” has been a total disaster with unintended consequences such as increased street violence and serious gang violence in our inner cities and at the southern border.  Legalizing marijuana would solve the moral dilemma, remove funding from organized crime, and provide cash strapped local governments with an additional revenue source.
Many conservatives disagree with my assessment.  To them I always ask the same question, “If the government can tell us what we can and cannot put in our own bodies, where is the so-called “limit” on government?”
Mangru: People point to the health care system in Canada as a model for how health care in America could be.  Canadians are satisfied with their level of care and the prices are relatively low even prompting Americans to get lower priced drugs from Canada.  Do we have something to learn from Canada and can a similar system be implemented in America?
Gonzalez: We can certainly learn from programs that work in other areas of the world.  Relaxing our restrictions on prescription drugs made outside the U.S. comes to mind immediately.  The problem with any socialized system is that there is going to be government imposed rationing.  I am sure young healthy people are happy with their level of care in Canada, but talk to a mother whose son needs an immediate life saving surgery but the wait time is 18 months.  She is probably not “satisfied” with her level of care.
As is with all industries, the most efficient and productive method for health care would be direct patient/doctor relationships where the patient paid the doctor directly.  Insurance, which should not be mandatory, would only come into play in the case of catastrophic accidents.  If this were the case, patients would think twice before paying for the numerous and expensive tests doctors now perform, and doctors would have to compete against each other based on cost.
Mangru: While it’s easy to say that pension reform can help California’s budget, it’s not easy to tell people that their pensions are being reduced or taken away by the government.  Is pension reform in California non-negotiable?
Gonzalez: Absolutely not.  One of the measures on the ballot in San Jose will reduce the pensions of all new police and firefighters hired.  That is a step that should be implemented across all of CA.  As far as raising the retirement age or reducing benefits in other ways, California will have to enact some of these measures or face bankruptcies.  There are those who advocate raising taxes to make of the difference, but that is not a viable solution because businesses and people would just pick up and move.

 

The Mangru Moment on China Currency Manipulation – The Mangru Report Episode 21 October 27, 2010

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While Congress passes a new resolution to label China as a currency manipulator, Dan Mangru evaluates whether this is just political posturing or real policy.  China recently unpegged its currency (the yuan) from the U.S. dollar but has seen more pressure from the U.S. to allow it’s currency to appreciate so that U.S. manufactured goods would be cheaper to Chinese consumers.
During this Mangru Moment, Mangru also takes a hard look at whether the U.S. should fight it’s battles with China via the media, whether the U.S. should be focused on growing the Chinese market, and what’s ultimately best for America.

 

 

More Links:

Worried About Your Wealth? – Read This TODAY

New Poll: Who is the leader of the Tea Party? – CLICK HERE TO VOTE

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“More of” or “Moron” – The Mangru Report – Episode 18 October 22, 2010

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Federal Reserve Chairman Ben Bernanke is ready to do whatever it takes to whatever it takes to support the struggling recovery, but has declined to say how bad things are.

President Obama’s Economic Recovery Advisory Board has released their 8 recommendations for fixing the U.S. retirement system, but does it go far enough?

Citigroup’s Charles Prince and Robert Rubin failed to disclose that the company was taking massive loan losses in the subprime market. Should they prosecuted?

Watch the Mangru Report Panel of Experts composed of Anthony Pulieri (United Bullion Group), Richard Bernstein (Richard S. Bernstein & Associates), and Al Zucaro (World Trade Center Palm Beach) discuss what these leading financial and political decision makers are doing and whether the U.S. deserves “more of” these people or whether they are acting like “morons”.

This segment was sponsored by First Hour Trading, you can download their FREE Report, “How to make enough money in the first 59 minutes of the market” by CLICKING HERE NOW.

Running a Small Business in a Recession – Duffy’s Sports Grill CEO Paul Emmett interview with Dan Mangru – The Mangru Report October 20, 2010

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The United States is a scary economic place.  We have unemployment hovering around 10 percent, government deficit spending at all time highs, and a U.S. dollar that is a struggling currency.

Even in spite of all of this economic turmoil, small business owner Paul Emmett of Duffy’s Sports Grill has managed to take a small Florida restaurant chain with only 4 locations to a 22 location $75 million a year business.  During this interview Emmett discusses with Dan Mangru what mistakes he’s made in the business, what industries he’s modelled his business after, and whether it is time to start acquiring distressed assets.

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.

Jim Kaufman Interview – Mangru One-on-One – The Mangru Report October 16, 2010

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Watch Media & Political Expert Jim Kaufman talk with Dan Mangru about the Comcast-NBC merger, whether the media has become too political, what politicians are really looking at for extending the Bush Tax Cuts, and how he’s achieved his own success.

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

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

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Dr. Larry Kotlikoff Interview with Dan Mangru – The Mangru Report on Fox Business October 9, 2010

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As the debate goes on as to whether the U.S. banking system is stable and secure, Boston University Professor of Economics Dr. Larry Kotiikoff is proposing new solutions to change the way that we bank in his new book, “Jimmy Stewart is Dead”.  Watch Kotlikoff and Dan Mangru discuss limited purpose banking, how it can be implemented in our current system, how the government is exacerbating the problem, and how much money we really owe in debt and obligations.

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