On my radio program this past weekend, I spoke about Iran, financial "reform," and the Democrat party’s nationalization of our health care. To listen, Click here.
Obama Continues to Mismanage the Growing Iranian threat.
Mahmoud Ahmadinejad, the president of the brutal, dictatorial Iranian regime, has repeatedly called for the annihilation of Israel and the United States of America, he has tortured his own people who are yearning for freedom, and he continues to lie to the world regarding the true nature of Iran’s nuclear program.
According to top military officials who testified to members of the Senate Armed Services Committee two weeks ago, Iran will be able to produce bomb-grade fuel for at least one nuclear weapon within a year with more to follow. Iran already possesses missiles capable of hitting Israel directly. And new estimates – revealed this week in an unclassified Defense Department report – indicate that Iran will be able to deploy missiles carrying nuclear weapons, and capable of hitting the United States by 2015.
Under both Republican and Democrat leadership, the United States has failed to confront the current Iranian Regime. And unless President Obama commits to a long air war and sustained bombing campaign similar to the 1991 U.S. air campaign against Iraq – a central component of "Operation Desert Storm" – the entire world will soon be held hostage by a nuclear Iran. No other country, including Israel, has the military resources needed to successfully carry out this offensive.
Unfortunately, instead of meeting this threat as our Commander and Chief with military might, "crippling sanctions," or even tough words, President Obama has done nothing. And it appears increasingly likely that he will continue to avoid any confrontation with Iran.
On Financial "Reform"
Instead of giving the Iranian drive for nuclear weapons – a critical national security issue – his undivided attention, Obama traveled to New York last week, and lectured the American People on what he believes created the financial crisis. Obama argues that Wall Street greed and "unfettered" capitalism were the causes, when the real problem started with the two government sponsored mortgage lenders – Fannie Mae and Freddie Mac. And he, himself, along with Chris Dodd, John Kerry, and other Democrat Party Senators blocked reforms of Fannie and Freddie in 2005 that could have prevented the crisis. And then Democrats accepted hundreds of thousand of dollars of campaign contributions from the government sponsored entities. In fact, then Senator Obama, Senator Dodd, and Senator Kerry were the top 3 recipients of campaign contributions from these GSEs. Yes, the large Government Sponsored Entities were allowed to make campaign contributions to their favorite Senators! Can you say corruption?
The truth is that as a U.S. Senator, Obama helped create the financial crisis, and today he denies it. Now, he is in the process of creating a much more severe nuclear crisis. This is naïve, stupid, and even insane.
The Democrat sponsored financial "reform" package currently being considered in Congress is another terrible piece of legislation. If enacted into law in its current form, it will establish a permanent bailout program for banks paid for by tax payers, and create incentives for these banks to take unnecessary risks. Just like the current liberal strategy for dealing with Iran, this is crazy.
Are there constructive changes that could be made to current federal regulations on capital markets and the banking industry? Yes! A reform of Sarbanes-Oxley alone would create a meaningful economic boost. But the agenda of our current administration is to control as much of the U.S. economy as possible, not reform destructive government regulation.
More on the "Moron" Healthcare Nationalization
Dr. Bob Moffit, Director of the Center for Health Policy Studies at the Heritage Foundation, joined me on the program to discuss the many problems with ObamaCare. Bob reminded us that President Obama promised us repeatedly that his healthcare reform would cut the cost of healthcare premiums by $2,500 for each family. But it doesn’t. A new comprehensive analysis released by the Health and Human Services Department found that ObamaCare increases healthcare spending by $311 billion over the status quo, costs that will be passed on to consumers (in addition to the many tax increases). President Obama promised us repeatedly that his healthcare legislation would not come between you and your Doctor. But it does. ObamaCare creates more than 100 new government bureaucracies, and empowers federal employees at the Department of Health and Human Services to decide which procedures are right for you. And President Obama promised us repeatedly that there would be no new middle-class taxes. But there are. ObamaCare establishes a healthcare "Federal Premium Tax" which alone will cost a typical family of four $1,000 a year.
The good news is that many adults understand and oppose Obama’s destructive healthcare law. Bob has never seen the majority of American people so unified in opposition to a political agenda. Therefore, a repeal and reform strategy could succeed, and will help Conservatives in the 2010 elections.
The Bottom Line
The bottom line is that President Obama and the liberal "progressive" Democratic leadership in Congress are failing us on Iran, the economy, and health care. And it is time to hold them all accountable. Please make certain that you are registered to vote and encourage your friends and family members to vote for conservatives who will bring economic growth, quality healthcare, and strong national defense back to America.
Thank you for standing with me against the liberal, socialist, progressives who are trying to destroy our country.
Glen Meakem is a successful technology entrepreneur, venture capitalist, and conservative talk radio show host, who offers information and insights on how individuals and our nation can be more successful. Glen’s unique perspective has been shaped by his experiences as founder, chairman and CEO of the B2B internet success Freemarkets Inc – which he founded in 1995, took public in 1999, and sold to Ariba in 2004. In 2005, Glen co-founded Meakem Becker Venture Capital, a firm that invests in early stage start up companies. Concerned about the liberal political agenda that has gripped the United States and his home state of Pennsylvania, Glen launched the Glen Meakem Program in 2008. Glen served as an officer in the United States Army Reserve and is a veteran of the First Gulf War. He also earned his undergraduate degree from Harvard and his MBA from Harvard Business School. For more information about Glen and the Glen Meakem Radio Program, or to read his blog, please visit http://glenmeakem.com.
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