OPEN LETTER TO THE PRESIDENT OF THE UNITED STATES OF AMERICA

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Leon G. Cooperman, C.F.A. Chairman & Chief Executive Officer

OPEN LETTER TO THE PRESIDENT OF THE UNITED STATES OF AMERICA

November 28, 2011

President Barack Obama
The White House
1600 Pennsylvania Avenue, NW
Washington, D.C. 20500

Dear Mr. President,

It is with a great sense of disappointment that I write this. Like many others, I hoped that your election would bring a salutary change of direction to the country, despite what more than a few feared was an overly aggressive social agenda. And I cannot credibly blame you for the economic mess that you inherited, even if the policy response on your watch has been profligate and largely ineffectual. (You did not, after all, invent TARP.) I understand that when surrounded by cries of “the end of the world as we know it is nigh”, even the strongest of minds may have a tendency to shoot first and aim later in a well-intended effort to stave off the predicted apocalypse.

But what I can justifiably hold you accountable for is your and your minions’ role in setting the tenor of the rancorous debate now roiling us that smacks of what so many have characterized as “class warfare”. Whether this reflects your principled belief that the eternal divide between the haves and have-nots is at the root of all the evils that afflict our society or just a cynical, populist appeal to his base by a president struggling in the polls is of little importance. What does matter is that the divisive, polarizing tone of your rhetoric is cleaving a widening gulf, at this point as much visceral as philosophical, between the downtrodden and those best positioned to help them. It is a gulf that is at once counterproductive and freighted with dangerous historical precedents. And it is an approach to governing that owes more to desperate demagoguery than your Administration should feel comfortable with.  Continue reading OPEN LETTER TO THE PRESIDENT OF THE UNITED STATES OF AMERICA

Quote of the Day

“Freedom is never more than one generation away from extinction. We didn’t pass it on to our children in the blood stream. It must be fought for and protected and handed on for them to do the same. Or one day we will spend our sunset years telling our children and grandchildren what is used to be like in the United States when men were free.”

– Ronald Reagan

Rest In Peace Steve Jobs

Rest in Peace Steve Jobs. You truly changed the world, for the better.

Insanely better!

Steve Jobs

Rich TAkes!

~ a collection of links I found interesting lately ~ 

To the Apple Board of Directors and the Apple Community:

I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know. Unfortunately, that day has come.

I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.

As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.

I believe Apple’s brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role.

I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.

Steve

************************************

October 5, 2011 

Statement by Apple’s Board of Directors

We are deeply saddened to announce that Steve Jobs passed away today. 

Steve’s brilliance, passion and energy were the source of countless innovations that 

enrich and improve all of our lives. The world is immeasurably better because of Steve. 

His greatest love was for his wife, Laurene, and his family. Our hearts go out to them and to all who were touched by his extraordinary gifts. 

Former Apple CEO Steve Jobs dies at 56

Remembering Steve Jobs, the man who saved Apple

“Every once in a while a revolutionary product comes along that changes everything,” Jobs said at the 2007 Macworld Expo keynote when he pulled the first iPhone out of his pants pocket. “One is very fortunate if you get to work on just one of these in your career. Apple’s been very fortunate. It’s been able to introduce a few of these into the world.

Continue reading Rest In Peace Steve Jobs

Peter Schiff Speaks to the House

Peter Schiff is a patriot. He is also an Austrian School economist, and is one of the few who predicted the economic crash of 2008.

“The United States economy is like the Titanic and I am here with the lifeboat trying to get people to leave the ship… I see a real financial crisis coming for the United States.”  On December 31, 2006 in debate on Fox News, Schiff forecast that “what’s going to happen in 2007” is that “real estate prices are going to come crashing back down to Earth”

His testimony before the House jobs committee is worth listening to.

Part two of Schiff’s testimony after the jump.

Continue reading Peter Schiff Speaks to the House

This Is WAR!

Ann Coulter’s controversial (when taken out of context) piece written on September 13, 2001. She was very close friends with Barbara Olson, who was a passenger on Flight 93 which went down in Somerset County, PA.

Link here: http://old.nationalreview.com/coulter/coulter.shtml

This Is War

We should invade their countries.

September 13, 2001 9:05 a.m.

Barbara Olson kept her cool. In the hysteria and terror of hijackers herding passengers to the rear of the plane, she retrieved her cell phone and called her husband, Ted, the solicitor general of the United States. She informed him that he had better call the FBI — the plane had been hijacked. According to reports, Barbara was still on the phone with Ted when her plane plunged in a fiery explosion directly into the Pentagon.

Barbara risked having her neck slit to warn the country of a terrorist attack. She was a patriot to the very end.

Continue reading This Is WAR!