The President And First Lady

4 01 2017

 By Timothy D. Naegele[1]

The United States of America is a shining city on a hill.  It embodies the hopes and dreams of mankind.  It is not perfect, and no American is perfect.  But we try to do our best to honor ourselves, each other, and our fellow citizens of the world.

Our elections are over.  We have a new President and First Lady, Donald and Melania Trump.  We wish them well, because our fates and theirs are linked inextricably.  Our destinies are shared.  The future of our great and noble republic is entrusted to them.

May they serve wisely and prudently, and honor God.

president-and-first-lady

© 2017, Timothy D. Naegele

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[1] Timothy D. Naegele was counsel to the United States Senate’s Committee on Banking, Housing, and Urban Affairs, and chief of staff to Presidential Medal of Freedom and Congressional Gold Medal recipient and former U.S. Senator Edward W. Brooke (R-Mass). He and his firm, Timothy D. Naegele & Associates, specialize in Banking and Financial Institutions Law, Internet Law, Litigation and other matters (see http://www.naegele.com and http://www.naegele.com/documents/TimothyD.NaegeleResume.pdf). He has an undergraduate degree in economics from UCLA, as well as two law degrees from the School of Law (Boalt Hall), University of California, Berkeley, and from Georgetown University. He served as a Captain in the U.S. Army, assigned to the Defense Intelligence Agency at the Pentagon, where he received the Joint Service Commendation Medal. Mr. Naegele is an Independent politically; and he is listed in Who’s Who in America, Who’s Who in American Law, and Who’s Who in Finance and Business. He has written extensively over the years (see, e.g., http://www.naegele.com/whats_new.html#articles), and can be contacted directly at tdnaegele.associates@gmail.com; see also Google search: Timothy D. Naegele





The Obama Great Depression

16 01 2016

 By Timothy D. Naegele[1][2]

Soon after the presidency of Barack Obama began—on April 8, 2009—the  McClatchy-Tribune News Service published an article of mine entitled, “Euphoria or the Obama Depression?”[3]  In it, I wrote:

Barack Obama is euphorically optimistic, but neither he nor the leaders of other countries can hold back an economic tsunami, just as mankind is helpless to stop the wrath of natural tsunamis in the oceans.

. . .

According to the Rasmussen Reports, most Americans—53 percent, in fact—believe the United States is at least somewhat likely to enter a 1930s-like Depression within the next few years. If so, the repercussions are unfathomable.

. . .

Years from now, economic historians may look back at this era and conclude that the world’s central bankers were overwhelmed and Depression-era “safety nets” did not work; and global market forces ultimately determined the depth and duration of the economic meltdown, not the politicians in Washington or anywhere else.

The tsunami that was released when the housing bubble finally burst may not run its course until about 2017-2019; and its effects will be devastating worldwide. There are no legislative solutions or quick fixes to the problems. The carnage between now and 2019 will approximate the Great Depression. . . .

. . .

America and other nations are in uncharted waters; and their politicians may face backlashes from disillusioned and angry constituents that are unprecedented in modern times. Also, the limits of godless secularism and paying homage to the false gods of materialism may become self-evident.

It is interesting to reflect on these comments and others contained in the article, as well as those in an companion article that I wrote for the American Banker—the daily newspaper of the U.S. banking industry—and in an interview that I gave on these subjects.[4]  Today, it is as though the economies of individual countries are “careening,” creating a “cascading” effect.

This is not 2008 all over again. It may be much worse, even eclipsing the Great Depression of the last century.  A “perfect storm” has been gathering for a long time now; and when it hits with its full force and fury, 2008 may seem like a “blip” by comparison.  America’s Fed and the other central banks of the world will be overwhelmed; Depression-era “safety nets” will not make any difference; and panics may ensue.

The biggest worry in Washington for many years has been that there would be runs on the big funds, which are uninsured, and that a “liquidity crisis” of unfathomable proportions would occur—which would be unstoppable.  Americans and people of other countries have lost trust in their governments, which will only compound the problems.

Hold on tight. Things will get very scary between now and the end of this decade.[5]  Whatever happens will be attributable principally to Barack Obama’s failed presidency.  Indeed, there are so many tragedies he has spawned that it is impossible to do justice to each of them in a short article like this one.

For example, he has set back race relations in the United States by years if not decades. He has been a divider, not a healer.[6]  With respect to his so-called major policy “accomplishments”—such as Obamacare, limited gun control, and the Paris man-made “global warming” accords—they can and probably will be undone by executive orders on Day One when the next American president takes office less than a year from now.  Americans are clamoring for this to happen.[7]

Obama may go down as the worst president in American history, even eclipsing Jimmy Carter, which is a remarkable feat unto itself.  History may record that Obama became a “transformative” or revolutionary president, which is not what the majority of Americans wanted. Perhaps because he was not raised on the U.S. mainland, his perspective is not that of most Americans . . . even blacks.[8]

With the global economy imploding, and Obama being an impediment to the U.S. growth that has occurred, his place in American economic history may rank next to or below that of Herbert Hoover.

Today, Barack Obama is like a minstrel wandering the land, with respect to whom no one will listen.

© 2016, Timothy D. Naegele

Obama-gone

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[1]  Timothy D. Naegele was counsel to the United States Senate’s Committee on Banking, Housing, and Urban Affairs, and chief of staff to Presidential Medal of Freedom and Congressional Gold Medal recipient and former U.S. Senator Edward W. Brooke (R-Mass). He and his firm, Timothy D. Naegele & Associates, specialize in Banking and Financial Institutions Law, Internet Law, Litigation and other matters (see www.naegele.com and http://www.naegele.com/documents/TimothyD.NaegeleResume.pdf). He has an undergraduate degree in economics from UCLA, as well as two law degrees from the School of Law (Boalt Hall), University of California, Berkeley, and from Georgetown University. He served as a Captain in the U.S. Army, assigned to the Defense Intelligence Agency at the Pentagon, where he received the Joint Service Commendation Medal. Mr. Naegele is an Independent politically; and he is listed in Who’s Who in America, Who’s Who in American Law, and Who’s Who in Finance and Business. He has written extensively over the years (see, e.g., www.naegele.com/whats_new.html#articles), and can be contacted directly at tdnaegele.associates@gmail.com; see also Google search: Timothy D. Naegele

[2] Note: This article is an expansion of earlier articles and comments at this blog.  See, e.g., https://naegeleblog.wordpress.com/2010/09/27/the-economic-tsunami-continues-its-relentless-and-unforgiving-advance-globally/ (“The Economic Tsunami Continues Its Relentless And Unforgiving Advance Globally”) (see all of the comments beneath it) and https://naegeleblog.wordpress.com/2009/12/05/is-barack-obama-a-racist/#comment-8016 (“Barack Obama: A Failed American Presidency”) and https://naegeleblog.wordpress.com/2010/09/27/the-economic-tsunami-continues-its-relentless-and-unforgiving-advance-globally/#comment-8011 (“Helter Skelter Is Arriving With A Thud, Sell Everything”) and https://naegeleblog.wordpress.com/2010/09/27/the-economic-tsunami-continues-its-relentless-and-unforgiving-advance-globally/#comment-7614 (“Doomsday Clock For Global Market Crash Strikes One Minute To Midnight As Central Banks Lose Control“) and https://naegeleblog.wordpress.com/2012/02/07/poverty-in-america/#comment-7646 (“The Surging Ranks Of America’s Ultrapoor”) and  https://naegeleblog.wordpress.com/2010/09/27/the-economic-tsunami-continues-its-relentless-and-unforgiving-advance-globally/#comment-8006 (“The EU’s Collapse In 2016?“) and https://naegeleblog.wordpress.com/2015/07/01/global-chaos-and-helter-skelter/ (“Global Chaos And Helter Skelter”)

[3]  This article has been republished by RealClearPolitics, and can be found at the links that follow.

See http://www.realclearpolitics.com/news/tms/politics/2009/Apr/08/euphoria_or_the_obama_depression_.html (“Euphoria or the Obama Depression?”) and http://www.naegele.com/documents/Commentary-EuphoriaortheObamaDepression.pdf (“Commentary: Euphoria or the Obama Depression?

[4]  See http://www.americanbanker.com/issues/173_212/-365185-1.html and http://www.naegele.com/documents/GreenspansFingerprints.pdf (“Viewpoint: Greenspan’s Fingerprints All Over Enduring Mess”); see also http://marketshadows.com/2012/05/21/greenspans-legacy-more-suffering-to-come/ and http://seekingalpha.com/instablog/2951-market-shadows/31177-interview-with-timothy-d-naegele and http://www.naegele.com/documents/InterviewwithTimothyD.Naegele-ilene–SeekingAlpha.pdf (“Greenspan’s legacy: more suffering to come”)

[5]  Not factored into these comments explicitly are the effects of (1) the terrorist strikes on Paris and elsewhere in the world; (2) the immigration issue that is tearing Europe and the Middle East apart; (3) the military implosion that is taking place in the Middle East, with much worse yet to come; and (4) the effects of our adversaries (e.g., China, Russia, North Korea, Iran) on peace, and on the American and global economies.

See, e.g., https://naegeleblog.wordpress.com/2015/11/20/we-are-all-parisians/ (“We Are All Parisians”) and https://naegeleblog.wordpress.com/2010/01/19/emp-attack-only-30-million-americans-survive/ (“EMP Attack: Only 30 Million Americans Survive”) and https://naegeleblog.wordpress.com/2015/11/29/the-death-of-putin-and-russia-the-final-chapter-of-the-cold-war/ (“The Death Of Putin And Russia: The Final Chapter Of The Cold War”) and https://naegeleblog.wordpress.com/2011/01/13/china-is-americas-enemy-make-no-mistake-about-that/ (“China Is America’s Enemy: Make No Mistake About That”) and https://naegeleblog.wordpress.com/2010/12/22/the-next-major-war-korea-again/ (“The Next Major War: Korea Again?”) and https://naegeleblog.wordpress.com/2009/12/28/human-trafficking/ (“Human Trafficking”) and https://naegeleblog.wordpress.com/2015/12/06/islamophobia-is-un-american/ (“Islamophobia Is Un-American”) and https://naegeleblog.wordpress.com/2015/12/31/is-israel-doomed/ (“Is Israel Doomed?”)

[6]  See, e.g.https://naegeleblog.wordpress.com/2009/12/05/is-barack-obama-a-racist/#comment-8016 (“Barack Obama: A Failed American Presidency”)  and https://naegeleblog.wordpress.com/2009/12/05/is-barack-obama-a-racist/ (“Is Barack Obama A Racist?”)

[7]  See, e.g., https://naegeleblog.wordpress.com/2015/11/30/a-34-trillion-swindle-the-shame-of-global-warming/ (“A $34 Trillion Swindle: The Shame Of Global Warming”) and https://naegeleblog.wordpress.com/2012/12/20/abortions-and-autos-kill-more-in-america-than-guns/ (“Abortions And Autos Kill More In America Than Guns”)

[8]  See, e.g., https://naegeleblog.wordpress.com/2015/01/03/edward-w-brooke-is-dead/#comment-7434 (“Disappointment In Obama Leads Some Blacks To Ask Whether Voting Is Worth It”)





We Are All Parisians

20 11 2015

 By Timothy D. Naegele[1][2]

On Friday the 13th day of November, 2015, the city of Paris was hit by multiple, deadly terrorist attacks. Like September 11, 2001 in New York City—or “9/11″[3]—the attacks and those who died will live on in the world’s consciousness.  They were tragic, horrific events similar those that have occurred in other cities and countries during recent years.

Pearl Harbor on the island of Oahu, in what is now the State of Hawaii, was struck on the morning of December 7, 1941, which led to the United States’ entry into World War II—”a date which will live in infamy,” in the words of Franklin D. Roosevelt.[4]

For non-New Yorkers, the city was cold and overwhelming for most Americans before 9/11.  Even for those who could afford it, and traveled there for business, it was still uninviting.  After 9/11, most Americans embraced it and the heroic rescuers who went to the twin towers of the World Trade Center, trying to save lives.  Many of them perished.

“Windows on the World” restaurant, at the top of the North Tower, had spectacular views of the city; and one’s ears popped riding the elevator to its 107th floor.[5]  It is gone now, but New York City remains the financial capital of the world.  Similarly, the lovely city of Paris will survive and flourish even more after the attacks, for it has taken its place in the hearts of people around the world.

There are thousands of stories to be told by the survivors and other witnesses, and by those who came to their aid.  Perhaps they are best exemplified in the interview conducted by CNN’s Anderson Cooper with Isobel Bowdery and Amaury Baudoin, which is short and should be watched in its entirety:

In a wonderful and loving sense, all of us became Parisians, just like all of us became New Yorkers.

Also, it must never be forgotten that Islam has approximately 1.8 billion followers, only a pittance of whom are terrorists.  It would be wrong to discriminate against the majority, or ostracize them.  They have suffered too, for the acts of the radicals.

Please remember the words of Love, and the emotions expressed by both Isobel Bowdery and Amaury Baudoin . . .

© 2015, Timothy D. Naegele

 

French flag with black ribbon

 

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[1] Timothy D. Naegele was counsel to the United States Senate’s Committee on Banking, Housing, and Urban Affairs, and chief of staff to Presidential Medal of Freedom and Congressional Gold Medal recipient and former U.S. Senator Edward W. Brooke (R-Mass). He and his firm, Timothy D. Naegele & Associates, specialize in Banking and Financial Institutions Law, Internet Law, Litigation and other matters (see www.naegele.com and http://www.naegele.com/documents/TimothyD.NaegeleResume.pdf). He has an undergraduate degree in economics from UCLA, as well as two law degrees from the School of Law (Boalt Hall), University of California, Berkeley, and from Georgetown University. He served as a Captain in the U.S. Army, assigned to the Defense Intelligence Agency at the Pentagon, where he received the Joint Service Commendation Medal. Mr. Naegele is an Independent politically; and he is listed in Who’s Who in America, Who’s Who in American Law, and Who’s Who in Finance and Business. He has written extensively over the years (see, e.g., www.naegele.com/whats_new.html#articles), and can be contacted directly at tdnaegele.associates@gmail.com; see also Google search: Timothy D. Naegele

[2] Note: This article is an expansion of earlier comments at this blog.  See https://naegeleblog.wordpress.com/2015/07/01/global-chaos-and-helter-skelter/#comment-7819 (“A Friday The 13th Paris Survivor’s Tale”)

[3]  See https://en.wikipedia.org/wiki/September_11_attacks (“September 11 attacks”)

[4]  See, e.g.https://en.wikipedia.org/wiki/Attack_on_Pearl_Harbor (“Attack on Pearl Harbor”)

[5]  See https://en.wikipedia.org/wiki/Windows_on_the_World (“Windows on the World”)





The End Of Barack Obama

20 01 2010

By Timothy D. Naegele[1]

Democrat party hack and Bill Clinton sycophant, Lanny Davis, has the chutzpah to assert in a Wall Street Journal op-ed piece: “We liberals need to reclaim the Democratic Party.”[2] Davis defends Clinton today as he did during the former president’s impeachment saga, despite the fact that Clinton was and is the equivalent of Tiger Woods morally.  Davis and his ilk are the problem, not the solution.  He and Obama chief of staff, Rahm Emanuel, are birds of a feather.  They are the worst of the Democratic Party.

I began as a Democrat, yet I am proud to be an Independent today, as I have been for more than 20 years.  The ranks of Independents are growing dramatically with each election, as they abandon the Democratic Party.[3] It is people like Davis and Emanuel who have turned lots of us away from our former party.  He and his leftist Democrats do not represent us, and never did.  As Ronald Reagan said—who was a former Democrat too: “I didn’t leave the Democratic Party.  The party left me.”[4]

Davis has the gall to say: “[W]e allowed the party of Bill Clinton and Barack Obama to morph into the party of George McGovern.”  This is hypocrisy at its lowest. The party of Clinton and Obama is the party of McGovern.  While I did not vote for McGovern—and I never voted for his opponent either, Richard M. Nixon, even though I hail from his home state of California[5]—at least McGovern is a decent and honorable person, and I respect him.  For Davis to defame him simply underscores what a low-life Davis is.

The U.S. Senate triumph of Scott Brown in Massachusetts marked the beginning of the end of Barack Obama as an American politician.  Assuming the elections of 2010 and 2012 follow suit, the president is at best a lame duck. With the demise of ObamaCare, he will simply wait for the end of his presidency in January 2013, and little more—like Lyndon Johnson did as the elections of 1968 approached.  Both Obama and Johnson share the common heritage of failed presidencies and unwinnable wars, in Vietnam and Afghanistan.[6]

The “Change We Can Believe In” is the end of the Obama presidency. He has lied to us repeatedly, and he has deceived us—like Johnson and Bill Clinton did—and it is time for him to go.  The handwriting is on the wall: the Obama presidency is unsalvageable.  Its far-Left tenets are not in step with mainstream America.  The root causes of this lie with the president’s character and his core beliefs.  He is a disciple of the far-Left; and Weather Underground co-founder Bill Ayers and Rev. Jeremiah A. Wright Jr. are truly his “soul brothers.”  He has lied to us about them too. What most Americans care about, and believe in, are an anathema to these people.

There is nothing positive that Obama has done since he assumed the presidency; and things are likely to get a whole lot worse before he leaves office.  It has been said: “Jimmy Carter may be heading to #2 on the [list of] all-time worst presidents in American history, thanks to ‘O.’” This is an understatement.  When history is written, Barack Obama may be hated more than George W. Bush has been by the Democrats, more than Bill and Hillary Clinton have been hated by the Republicans, more than Nixon was hated by the Democrats, and even more than Johnson was hated by a broad swath of the American electorate . . . and the list goes on and on.  Obama may emerge as the most hated president in history.

Read (or reread) his book, “Dreams from My Father.”  The president’s beliefs are set forth in his own words, which were written before political “handlers” filtered those words for public consumption. He has never denounced what he wrote.[7] He grew up in Hawaii and Indonesia, and he does not share traditional American values.  With the election of Scott Brown, and the earlier election victories of Robert F. McDonnell and Chris Christie to the governorships of Virginia and New Jersey, the American people are saying no to Obama and the Democrats. Soon, it will be time to ride them out of town on a rail, politically.[8]

© 2010, Timothy D. Naegele


[1] Timothy D. Naegele was counsel to the U.S. Senate Banking Committee, and chief of staff to Presidential Medal of Freedom and Congressional Gold Medal recipient and former U.S. Senator Edward W. Brooke (R-Mass), the first black senator since Reconstruction after the U.S. Civil War.  He practices law in Washington, D.C. and Los Angeles with his firm, Timothy D. Naegele & Associates (www.naegele.com).  He has an undergraduate degree in economics from UCLA, as well as two law degrees from the School of Law (Boalt Hall), University of California, Berkeley, and from Georgetown University.  He is a member of the District of Columbia and California bars.  He served as a Captain in the U.S. Army, assigned to the Defense Intelligence Agency at the Pentagon, where he received the Joint Service Commendation Medal.  Mr. Naegele is an Independent politically; and he is listed in Who’s Who in America, Who’s Who in American Law, and Who’s Who in Finance and Business. He has written extensively over the years.  See, e.g., www.naegele.com/whats_new.html#articles

[2] See http://online.wsj.com/article/SB10001424052748703837004575013221708478134.html?mod=WSJ_hp_mostpop_read

Davis’ comments can be best understood by recognizing that he has been a consistent shill for the Clintons.  In his article, he may be simply staking out Hillary’s position vis-à-vis Obama in the elections to come.

[3] See, e.g., http://online.wsj.com/article/SB10001424052748704561004575013411330904680.html?mod=WSJ_hp_mostpop_read

[4] See, e.g., http://www.latimes.com/news/obituaries/la-reagan,1,2107723,full.story

[5] In later years, I came to admire the former president immensely though, as he demonstrated his mastery of foreign policy and other issues, both in his books and speeches.

[6] While I believe in and admire Generals David Petraeus and Stanley McChrystal, Afghanistan seems to be a morass politically and militarily.  Yet, I hope and pray that we can succeed in our efforts there, if for no other reason than the future of the courageous Afghan women.  See, e.g.https://naegeleblog.wordpress.com/2009/12/26/obama-in-afghanistan-doomed-from-the-start/

[7] See Barack Obama, “Dreams from My Father” (paperback “Revised Edition,” published by Three Rivers Press, 2004); see also https://naegeleblog.wordpress.com/2010/01/01/barack-obama-america’s-second-emperor/ and https://naegeleblog.wordpress.com/2009/12/26/obama-in-afghanistan-doomed-from-the-start/ and https://naegeleblog.wordpress.com/2009/12/05/is-barack-obama-a-racist/ and http://www.philstockworld.com/2009/10/11/greenspan’s-legacy-more-suffering-to-come/

[8] Last but not least, having written what amounts to a political obituary of Barack Obama, I am mindful of the fact that after his obituary was mistakenly published, Samuel Langhorne Clemens—better known by the pen name Mark Twain—sent a cable from London stating: “The reports of my death are greatly exaggerated.”