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Glen Meakem

Glen Meakem Update

by Glen Meakem

October 22-23: Obama is trying to rally his base
Whether they are promising the withdrawal of all U.S. troops from Iraq by the end of this year, pushing a destructive "jobs" bill that if passed, would only drive our nation further into debt, or embracing Occupy Wall Street protestors (some of whom are openly calling for violent revolution and the end of economic freedom in America), President Obama and his liberal Democrat allies are doing what ever it takes to rally their base before next year's election.
On my radio program this past weekend, I talked about how President Obama's decision to pull all U.S. troops out of Iraq this year is strategically dangerous, and ignores the best advice from international relations experts and military commanders who have said we should leave between 10,000 and 25,000 troops behind. Click here to listen. Leaving these soldiers on the ground, at strategic bases within tens or hundreds of miles of Iran, would help provide long term stability in the region, in much the same way as our troops have done for over half a century in South Korea, Japan, and Germany. Withdrawing all of our troops from Iraq will provide Iran with an opportunity to expand its influence over the young Iraqi government. If Iraq turns into a totalitarian Islamic state allied with Iran, or just another anti-American state in the Middle East, then everything our service men and women fought and bled for will be erased by President Obama's short sighted, political decisions.
Last week, President Obama also continued his political push for his "jobs" bill, using immature, inappropriate, and downright dangerous class warfare attacks against "the rich." In spite of the stubbornly high unemployment rate, the struggling national housing market, and the anemic economy, President Obama amazingly insists that he has done everything right. Even as the liberal Democrat controlled Senate blocks many pro growth and bi-partisan bills passed by the GOP controlled House, President Obama insists that Republicans are offering no solutions to our current economic problems. Senate Majority Leader Harry Reid's (D-NV) political decision to ignore these bills, which would protect businesses from government over reach and encourage job creation, is helping to sustain the high unemployment rate.
President Obama continues to embrace the Occupy Wall Street protestors, even as many call for a bloody revolution and the end of free market economics. In fact, many of the protestors' messages are so anti-American, that Iran's Chief Mullah, the Ayatollah Seyed Ali Khamenei, along with Venezuela's Hugo Chavez, the Government of China, the American Socialist Party, the American Nazi Party, and the American Communist Party have all expressed their support for the movement. This is strange company for an American President to keep, but President Obama and many leading Democrats are expressing support for the protestors because they are hungry for energy and activism on the Left. (Sounds like a tough case of "Tea Party Envy!") One great irony is that even though the President is supporting the protests against Wall Street, he supported the enormous Wall Street bailouts back in 2008 and 2009 and has also collected more campaign contributions from Wall Street interests than any other President in history.
When we observe Barack Obama's handling of Iraq as well as the "Occupy" movement, it becomes clear that our President is not heavily burdened by long-term strategic or ethical considerations. It is clear he will do or say whatever it takes from his Left-Wing point of view to maintain power.
Matt Pitzarella, an executive with Range Resources, also joined me in the studio this past weekend and cleared up some misconceptions about natural gas and home mortgages. Matt also commented on Pennsylvania's need to establish predictable and consistent regulations for the gas drilling industry, in order to create sustainable growth for natural gas development in the state. Just across the border in Ohio, state regulation of gas and oil drilling is uniform and rational on a state-wide basis, and new Republican Governor John Kasich has made it clear that natural gas drillers are welcome. The result is that many companies are moving their drilling rigs from Pennsylvania into Ohio. Harrisburg had better pay attention, or one of the few economic bright spots in Pennsylvania's economy will dim as gas drillers and jobs move to other states.
I will be discussing our troubled economy, enormous annual deficits, and bloated national debt on November 2nd at the Radisson Hotel and Convention Center in Harrisburg, PA, and November 3rd at the Columbian Home of Allentown in Allentown, PA. I will be offering facts and potential solutions to these and other problems that we face. The evenings will begin at 6:00 pm with complimentary soft drinks and a cash bar. My presentation and Q ~A will begin at 7:00. Both evenings will conclude with post event receptions, and all attendees will receive a copy of my presentation, complete with all the facts and information I cover. The cost is only $45 per person.
I would love to meet listeners from the Harrisburg and Allentown areas! You can reserve your seats at GLENMEAKEM.COM or by calling 412-749-9045. Seating is limited, so make your reservations today!
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 "Glen Meakem on the Weekend" 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 his radio program, or to read his blog, please visit
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