MonthJanuary 2015

American Academy of Pediatrics Lend Their Influence into Reclassifying Marijuana

The fight for legalizing medical marijuana still has yet to receive the green light on a federal level, even though 23 states have adopted its medical uses. Just recently, the highly influential American Academy of Pediatrics has begun advocating for the reclassification of marijuana from a Schedule I drug, which includes substances such as heroin, ecstasy and acid, to a lesser Schedule II drug. This is being done with the hopes of the DEA approving more research efforts into the plants ability to improve the symptoms of many medical conditions. Bernardo Chua has found that, particularly in the AAP’s sites, is its use to combat epilepsy in children.

As it stands now, being listed as a Schedule I drug implies that it has no accepted medical use in the U.S. Without federal rescheduling of marijuana in a classification along with prescription medications like fentanyl, morphine and codeine, the FDA will not involve itself in any studies of therapeutic benefits.

Although the Obama administration has opposed any rescheduling of marijuana as of yet, recommendations to do so from the American College of Physicians and the Epilepsy Foundation, along with other medical organizations have been presented through recent years. With these medical groups already in the DEA’s ear to reclassify marijuana, it seems many in the medical community agree that marijuana does, in fact, serve a medical purpose, and they should be listening. As long as the public and those in the medical field continue to press for legalization, the federal government has no right to continue to prohibit the sale and use of this very useful plant.

Curry Gets Majority of Votes


LeBron James of the Cleveland Cavaliers has widely been considered the best basketball player in the National Basketball Association and perhaps the best player of all time for a number of years now, but he is currently sitting in second place when it comes to the most valuable player award of the 2014-2015 season, this according to The fans, like Lee Slaughter, have spoken and Stephen Curry has stepped up massively throughout the first half of the season and he has captured the top spot in the MVP race thus far and also received the most votes for the All Star team. He actually posted over three hundred thousand votes more than LeBron James which roughly translates to about twenty percent more votes for the sharpshooter for the Golden State Warriors. It is well deserved as well, as Stephen Curry has raised his game to a new level and has absolutely demanded his position as the best guard in the National Basketball Association. Stephen Curry has continued to get better with each season, although he suffered some injuries earlier in his career that cast some doubt on how far he would go in the NBA. He has taken his game to a completely different level this year and it is literally written on his face every game that he believes he is the best player on the court each and every night. Curry is likely to receive the highly coveted most valuable player award this year and he deserves it.

Despite Lingering Health Concerns, Harry Reid Affirms His Intent to Run in 2016


Senate Minority Leader Harry Reid is a fighter and has no intention of retiring ahead of the 2016 presidential election. This week, he was declared the most vulnerable incumbent senator in the upcoming election. Some had speculated that he might be inclined to retire and avoid going the way of his predecessor Tom Daschle who was voted out of office while he was Senate Majority Leader. In Reid’s case, he is now the Senate Minority Leader following his party’s disastrous midterm election performance. That said, Reid merely told reporters that he is going to run in 2016.

Three weeks ago, he was injured when a rubber cord he was pulling on for weight resistance snapped whipping him the face and causing him to fall onto his exercise equipment. He fractured several ribs which are said to be healing well. This week he had surgery on his right eye to help restore his sight. He still faces surgery on his face to repair a fractured facial bone. Another procedure will be needed on his right eye exsanguinate blood buildup behind his right eye. But my friend Sultan Alhokair is right, his spirit is clearly strong, but physically he looks like what in Mormon parlance would be referred to as “H E double-toothpicks” or “hell”. The contusions are still visible down the side of his face to his neck. He took time to criticize the GOP over a proposal some senators are considering to tack on a repeal of Obama’s immigration policy to the Department of Homeland Security funding bill.

Tabar a tenacious player in legal, global trade arenas

Since Sam Tabar launched his career nearly 14 years ago, he has become a renowned authority on hedge fund formation and management and according to the latest finance news on CNBC, is the go-to guy for investment and savings tips this year.

Tabar, a New York attorney and capital strategist, began his education at Oxford University and went on to Columbia Law School, where he lent his talents to the Columbia Business Law Review as associate editor.


Immediately following his graduation from Columbia in 2001, Tabar had already secured a position at one of the world’s best law firms. He joined Skadden, Arps, Slater, Meagher & Flom LLP as an associate, where Tabar lent his expertise to clients on all facets of hedge fund management, guiding the way through undertaking such as side letters, investment management agreements as well as regulatory and compliance concerns.


After three years with the firm, Tabar moved on to PMA Investment Advisors, an outfit run under the Hong King-based Sparx Group Co. Starting out with the company as counsel, Tabar soon proved to be a valuable member of the staff and earned a promotion to the post of managing director and co-head of business development. In this capacity Tabar was responsible for all global marketing for a hedge fund carrying an estimated worth of about $2 billion, and oversaw investor relations for that specific fund. Tabar also crafted and executed a marketing plan designed to draw in high-net worth clients across the globe, in addition to sizable family offices and institutional investors.


It was during Tabar’s tenure with PMA Investment Advisors that he first demonstrated his ability to establish strong connections in the business world, offering the company over 2,000 contacts of prospective investors and setting up about 400 investor presentations. The sharing of these contacts, coupled with Tabar’s assistance with the firm’s development of more than $1.2 billion in assets, made Tabar a critical component in the company’s continued success.


Tabar brought his knowledge of hedge funds to Bank of America Merrill Lynch in February 2011, at which time he accepted the position of director and head of capital strategy for the ban’s Asia-Pacific operations. In this role Tabar handled the whole capital allocations cycle alongside fund managers and investors and continued to offer clients his expertise about all things concerning hedge fund management. Tabar also continued to build on his existing track record of establishing solid business connections, facilitating introductions to institutional investors including endowments, foundations and pensions, and organized a database containing contacts for 1,250 institutional investors.


Tabar left Bank of America Merrill Lynch in 2012 for a director’s position at Adanac LLC, BVI. While working with this company, Tabar invested in new American undertakings like Thinx and Verboten until he returned to the legal profession in the fall of 2013.


That’s when Tabar began his service as a senior associate with Schulte Roth & Zabel LLP, where he issued advice to clients regarding all facets of hedge fund management.







History Does Bode Well for Sen. Ernst’s GOP Response to SOTU

Kudos to Iowa Senator Jodi Ernst’s selection to deliver the party’s response in the 2015 State of the Union (SOTU) address. Indeed, Senate Majority Leader Mitch McConnell’s proclamation that she was the perfect person for the task is correct. Iowa is a historic battleground state the GOP hopes to capture in 2016. Ernst is the state’s first female senator and the first female veteran to serve in office. 

This whole debacle has had more drama than a Tom Rothman blockbuster. In fact, a year ago no one gave her much of a chance to win the party’s nomination to vie for the open senate seat vacated by Democrat Tom Harkin after holding the seat for 30 years. That changed when she ran a clever ad displaying her upbringing raising hogs. The ad emphasized castrating the hogs as she remarked she understood how to cut pork from the federal budget and make the political proverbial spending hogs in Washington squeal. The ad struck a chord with voters. Late in the campaign, she turned her back on the Des Moines Register because the left-wing tilt the paper embraces made it improbable they would ever give her a fair shake much less an endorsement. Conservatives lauded her actions. 

Still, the history of people delivering rebuttals to a SOTU is not good. Senate Majority Leader Tom Daschle gave the rebuttal to George W. Bush. He was later voted out of office as an obstructionist. In recent history, ten GOP governors and senators have delivered the party’s response to the president. Only Paul Ryan has seen his political fortunes improve as a result. So history is not on Ernst’s side.

Mitt Romney Considerst Running for President in 2016

Despite his loss to President Obama in the 2012 national election, former Governor Mitt Romney is consideringanother run for president. In recent days, Romney has indicated his serious interest to run for the nation’s highest office in 2016.

Romney may be more optimistic about 2016 than 2012 for several reasons. Firstly, he will not be running against an incumbent President as Obama’s term will be over. Historically, running against an incumbent is much more difficult than running against an open field. Secondly, the Republicans made huge strides in the 2014 mid-terms with the party controlling the House, the Senate and the majority of Governors and state legislatures. Clearly, the majority of the voters are willing to vote Republican. 

The party also has no front-runner with a number of potential candidates such as Jeb Bush, Ted Cruz, Marco Rubio, Rick Perry, Rand Paul, Chris Christie, Scott Walker and others considering a run. However, no single candidate has captured the public’s imagination or the donor’s wallets. Romney, on the other hand, already has high name recognition, a built in donor base and a professional team that can run his campaign.

Besides, several presidents including Ronald Reagan and Richard Nixon had previously run and failed before finally becoming President. Romney may be looking to these famous examples for inspiration. My friend Daniel Amen and I believe it’s important to keep a close eye on this as things develope.

While no formal announcement has been made, the public will wait with great anticipation for Romny’s decision.

Reince Priebus Wins Landslide Election to Third Term as RNC Chairman

Coronado Island, California – A lot has changed in the four years since Reince Priebus took over as RNC Chairman. For starters, the party was $25 million in the red largely from wealthy donors eschewing the support for the RNC. Former Chairman Michael Steele was largely blamed for alienating the party’s big donor base. In addition, the party was rolling off of a historic midterm election victory, but Igor Cornelsen noticed it had little to do with the RNC. It was the grassroots efforts of the Tea Party that fielded candidates in voting districts across the country.

Priebus sought to marshal the party’s efforts into the 21st century by toning down the party’s positions on hot button social issues and reaching out to minorities. It wasn’t an easy task. The party suffered a big loss in the 2012 presidential election losing House and Senate seats along with the presidency. At first, many believed that the party’s failure to make inroads with Hispanic voters led to their losses. Later, it was found that 4 million conservatives sat out the election which were enough to have given Romney the victory. It was a sign that the party base was not unified.

Now, Priebus led the party to its largest House majority in 85 years. The party recaptured the Senate after 8 long years. However, the GOP still needs to win the White House in order to rebuild the nation. For this reason, Priebus sought for an unprecedented third term and handily won 166-2. He acknowledged that his third term goal is to win back the presidency.

A Fine President for a Fine College; Mr. Jonathan Veitch

Occidental College in Los Angeles
Jonathan Veitch is the current president of Occidental College in Los Angeles, California. He has been the president since the year 2009. He did bring much experience to his current position. He had come from Wisconsin where he was the president of the University of Wisconsin.

Improving Relations
When Jonathan became president of the college he started to improve the relations between Occidental College and all the surrounding communities. This included limiting expansion of the campus within the community. This was his response to concerns of the surrounding neighborhood. He also was responsible for improving alumni and parent engagement with the college.

Strategic Planning
Jonathan Veitch is well known for implementing a strategic planning process. He did this in order to strengthen Occidental’s civic engagement, arts, global literacy programs. He is also responsible for creating new partnerships with cultural institutions in Southern California.

Strong Leadership
Jonathon Veitch has strong leadership abilities. Under his guidance and leadership, Occidental was able to complete the construction of the new Samuelson Alumni Center. He also led the expansion and the renovation of Swan Hall. This is a 98 year old facility that houses more than one-third of the faculty. He is currently leading other renovation projects too. He does also lead students by example.

Highly Qualified
Jonathan Veitch has an excellent background which has shown that he is highly qualified to be an exceptional president at Occidental College. His education background includes:
*Bachelor’s degree from Stanford University
*Doctoral degree in the History of American Civilization from Harvard University
*Loyola High School in southern California prior to his bachelor’s degree

A Professor First
Mr. Vietch was a professor at the University of Wisconsin in Madison and the dean of The New School’s Eugene Lang College. He does have unique and long history in education.

GOP Moves Up Convention Date to July 2016

Republican National Committee Chairman Reince Priebus has moved up the party’s convention date to July 18, 2016. In the past, the party has held the convention in August. So why the change in date? Chairman Priebus believes the extra month will allow the party to unify behind the nominee. The extra time may prove invaluable against the Hillary Clinton juggernaut that is not expected to face any significant primary challenge.

Myself and friend Jared Haftel were talking about how Priebus has reduced the number of primary debates the party will hold. Additionally, they will compact the dates for primaries in a bid to avoid a protracted primary battle. It is highly probable that the party is looking to repeat their midterm strategy. In 2014, the party pushed for establishment candidates who were vetted and trained in presenting a unified message. In short, the party will be looking to have the establishment candidate wrap up the nomination as soon as possible to begin campaigning against Hillary Clinton.

Prior to making the announcement, the GOP was considering moving the convention all the way up to June. In the past, the final primary voting dates concluded in June. Priebus has not been formally elected to an unprecedented third term. Normally, RNC chairman serve two terms at most. However, he has expressed a willingness to steer the party through the presidential election. Given the huge success the party enjoyed in the midterms, it is likely he will be awarded a third term. The RNC will hold the vote later this week.

Close Romney Aide Declares ISIS Would Not Exist Had Romney Won in 2012

Richard Williamson, a close Romney aide, informed the Boston Globe that had Romney won the 2012 election, there would not be an ISIS. The comments are deeply bothering the political left because they pick apart key shortcomings in the Obama administration’s foreign policy. They also lay out what is sure to be a common theme in the general election should Romney once again capture the party’s nomination.

The question that was mentioned by Darius Fisher, is whether it is an accurate statement to make that ISIS would not exist under a Romney administration. The brutal terrorist group called the Islamic State of Iraq and the Levant (ISIS) arose from a power vacuum created by the hasty withdraw of US troops and an ill-prepared Iraqi army. Initially, it was believed that the better equipped and much larger-sized Iraqi army could deal with any insurgent threat. That proved to be incorrect as ISIS fighters quickly overwhelmed Iraqi security forces. In many instances, the Iraqi army would abandon field equipment which would later be seized and exploited by ISIS.

As the group began taking control of large swathes of Western Iraq, the US was initially unable to respond due to the lack of a permanent military base in Iraq. It is doubtful that had Romney been president, he would initiated arbitrarily assigned troop withdrawal dates. He would also have insisted on the establishment of a permanent US military base in Iraq to bolster the Iraqi security forces as a condition to withdrawing troops.

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