Category Archives: politics

Honoring The Vote

As a senior producer for CNBC, I get a chance to interview some pretty interesting news makers so I can produce must-see segments for Squawk Box. My delegate segment on Wednesday exploded on social media. Rush Limbaugh and Sean Hannity played clips of the segment on their shows and it was one of the top stories on Drudge and on cnbc.com. Politics is very personal for everyone and for those who vote, they truly believe their vote counts.

When Curly Haugland, an unbound delegate from North Dakota and long-standing member of the rules committee for the RNC told anchor Becky Quick it was the delegates who decided the nomination, not the primaries and caucuses, it created quite a stir to put it politely.

Today for CNBC.com I wrote a piece  about an amendment Haugland is going to propose before the GOP Convention Rules Committee which could wipe the “magic number” 1237 off the blackboard and have all the candidates who have at least one delegate have the ability to get back on the first ballot by being nominated by the seated convention delegates. This too has sparked a lot of conversation.  Haugland says this amendment is the best way to honor every vote and keep the voting power out of the hands of big money. As a journalist I can’t tell you my views on this. I am here to report the news.  Enjoy and I look forward to any comments.

Could This Delegate Plan Blowup The GOP?

 

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Filed under politics, Uncategorized

Free Trade And The Global Economy

For the past couple of months I have been on my trusty iPad writing my second book, “Dynasties of the Sea- the Entrepreneurs and Ships Who  Expanded the Era of Free Trade”. When Marine Money approached me to write a book on this topic I jumped at the opportunity. I just love shipping and the topic of free trade.

I consider shipping to be one of the most under-estimated industries out there. 92% of all things in your home come from a ship. Now that is cool.

Shipping has come a long way since the days of long ago when cargo was stacked in individual bags, nets and run solely by families. Refrigerated containers for example have helped expand the distance in the transportation of products. If it wasn’t for shipping, free trade would not be where it is today. Let’s face it, some commodities just can’t be flown in.

Free Trade is essential to the global economy. It doesn’t matter if you are a farmer, fisherman or retailer- free trade makes the world go round. While free trade talks can create nasty political jabs, the promises  and potential pitfalls of these deals need to acknowledged. The key to all discussions of course is to make the agreements fair and balanced.

These agreements are considered by many including the  U.S. Chamber as key gateways  to new regions which could then in turn advance opportunities for both small and large businesses. The ripple effects of such deals could also help rev up the nation’s economic prosperity. http://www.tradesupportsjobs.com/

The fight over free-trade and the “myths and promises” of such agreements is currently being duked out in Canada as the Canadian government decides on a free trade agreement between them and the EU. It’s considered to be the biggest free-trade deal in Canada’s history. The positions from the supporters and those against have been passionate. Now we wait to see what the outcome will be.

As the shipping titans sit down and speak with me about the opportunities they see for their industry in the next 25 years, the topic on free trade comes up time and time again as well as their frustrations of political gridlock.

So as we Americans get ready for another presidential election cycle, business leaders tell me they hope that those leaders who are elected into office will be willing to put politics aside and get something done. We’ll just have to wait and see what kind of politicians the American voters will elect into the halls of Congress and in the White House.

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Filed under Business, Leadership, politics, Shipping

“Owned” by China- Country Bumpkins Have Had Enough

I was driving my three kids to school yesterday, when I passed the stimulus funding sign on the side of the road and it looked different. I took me a couple of seconds and then it hit me. In black spray paint someone wrote, “Paid by China”. I would have stopped to take a picture but it was too late (I’ll do it today on my berry). Folks, I live in “The country”. The town I live in has two lights in it (and they are back to back) and
we co-exist with bear, deer and coyote.

The pounding of the China drums has been getting louder. From Congressman saying there will come a time when China says enough about funding Medicare and other programs to the soaring price of gold which of course is a reflection of the dollar. Some are predicting the handoff of world super power to China will be earlier than once thought.

Seeing the spray paint on the sign is just another indication that people have had enough. I’m glad my kids didn’t see it because then I would have had to answer their questions about why is China paying for this small section of road that was repaved.

As gold continues on its climb and the deficit gets larger and larger you have to wonder when China will cry “Uncle” to Uncle Sam. Some “country bumpkins” have had enough.

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Filed under Business, China, congressional spending, deficit, Leadership, politics

What will motivate voters this Mid-Term Election?

I was talking to one of my old high school buddies, Matt Barbis today and we were talking about the Mid-Terms and why I think he should run for Congress. We were talking about the operating budget of his organization, The Rose Brucia Educational Foundation (which I might add I am now a proud board member of) and I said he should run for Congress because he manages the finances of the organization so well. He said, yeah, I don’t waste money. I told him that could be his slogan if he ran for office. We both chuckled but isn’t that the truth?

I would love to have someone in office who knew the value of a dollar. Not just going back to Uncle Sam’s printing presses and making some more. At the rate the US is going our money will have less value than monopoly money. If our deficits get any bigger, maybe the dollars should being printed in funny money colors. Its not worth as much anymore so why not? If the US government doesn’t care about the black hole of spending it has created than why not just deface the very currency they are using by printing it in different colors? I think magenta for the $100 would be nice…..

I’ve been speaking with a lot of my contacts and they are telling me they don’t think the Democrat losses will be as large as anticipated. Why? Because the Tea Party could be the GOP spoiler splitting up the vote. I guess we have to wait and see.

I love election night and politics. During a Presidential year I am working around the clock and with each primary I’m on the phones at midnight to see if a candidate wants to go on the air with us that morning. Its fun. This election will be interesting because so many things are on the line. Our economic future is in the balance. Voters need to recognize they have to vote for what is best for our nation. She is sick right now. Bloated with debt and weak from a jobless “recovery”. She needs to be nurtured back to health. A balanced diet of cutting spending and entitlements and incentivizing businesses to get back in the game is in order and needs to be followed religiously. When we go into the voting booths Nov. 2, we are essentially doctors prescribing a medication for the United States of America. The fate of our nation is in our hands.

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Filed under Business, congressional spending, deficit, Jobs, Leadership, Main Street, personal finance, politics

WHAT SHOULD BE DONE WITH THE “WONDER TWINS OF DISASTER?”

The debate on Fannie and Freddie is picking up steam with the two camps (one on eliminating them totally to the full blown nationalization of them) voicing their opinion of why their option is the right choice for America. I sat down with Jim Lockhart to talk about what he thinks needs to be done with them.
NET NET Column- Intv with Jim Lockhart

What do you think should be done with Fannie and Freddie?

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Filed under cnbc, congressional spending, crisis management, deficit, Jobs, Leadership, Main Street, politics, Uncategorized, wall street

Is Wall Street More in Touch with the Economic Woes Than the President?

I’m back from DC and I am just as frustrated as ever. I think the message is loud and clear–things will not change. Sigh. Oh well, a little over a month away from the Mid-Terms!!!

I have two interviews I want to share with you. I think it shows that some CEOs are more in touch with the problems of our economy than our Administration. I’ll blog some more later but here you go:

Dick Armey Strikes Back, CEOs on Obama Rhetoric

Obama Could Use \'A Larger Dose of Realism\': Wayne Huizenga

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Filed under Business, cnbc, congressional spending, crisis management, Jobs, Main Street, politics, wall street

Wanted Change? You got it

In DC and I’m speaking with my contacts. Well folks, the voters that wanted “change”- well they got it. I’ve been told by manufacturing sources companies are getting hit now with astronomical health insurance increases because of the unknown the President’s health care plan has created. More companies are hiring temps now because they are cheaper b/c they don’t have to give them benefits, but the catch 22 with that is their productivity is not as robust as a hired employee and they are hitting the max in terms of what they can do with the staff they have.

Many of my CEOs are not hopeful for today’s town hall in terms of getting clarity and answers. I have been told it is more lip service. His actions are speaking louder than his words. They are not expecting any change. Just the same. I have also been told by some Democratic Supporters, this is a last ditch effort to help for the Mid-Term Election but it is too little to late. Let’s do a little poll 🙂

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Filed under Business, cnbc, congressional spending, crisis management, deficit, Jobs, Leadership, money, personal finance, politics