December 22nd, 2009
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Fred Malek on CNBC, December 16

file under Ben Bernanke - Fred Malek @ 3:16 pm
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If you missed me on Squawk Box on December 16, here are a few clips from my guest hosting appearance. We talked about Ben Bernanke being named TIME Person of the Year, and a number of other issues. I hope you enjoy.







November 24th, 2009
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Sarah Palin and 2012

file under Sarah Palin - fmalek @ 1:06 pm
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No one has recently dominated the news more than Sarah Palin, and as an outgrowth of this, I have been invited to appear on a number of television shows and otherwise to comment. So, let me start by clarifying that I am not an advisor and am not in Sarah’s inner circle. However, I do admire her and feel she is filling a need in this country like few other political leaders. And, she is not to be underestimated – people tend to forget that she took down a sitting Governor in her own party and that she had the highest approval rating of any Governor in the country when she was selected as a Vice Presidential candidate. As we are learning, no one can deny her popularity as seen by the crowds of people standing in lines for hours in the cold to catch a glimpse of her on her national book tour. Can you name a single Senator or Governor in either party (maybe besides Arnold) that could draw 5,000 people to a Barnes and Noble in the suburbs right now?

I came to know Sarah and Todd Palin during 2008 in my role as Finance Chair for the McCain campaign. I felt she performed extremely well under some pretty tough circumstances for anyone running with an “R” by their name. Additionally, I believe Sarah Palin was largely responsible for our lead in the polls in early September. Sure, the Couric interview wasn’t her finest performance – as Sarah herself admits publicly, but I’ve been around the block for a long time and its been years since I’ve seen a national candidate burst on the scene and electrify a party and in some cases a nation as she did last Fall.

As the election came to a close, leaks emerged from our campaign unfairly criticizing Sarah, some in a highly personal way. These leaks were not only false but offensive, and lacking in chivalry and loyalty. Most of all, they reflected poorly on the man we all served, John McCain.

John reinforced my instincts to defend and befriend a fine person who was being unfairly attacked when he called me Friday, November 6, to thank me for my role in the campaign. I was at campaign headquarters counseling our able young finance team on finding jobs and asked John to talk to the group. He thanked them but also commented on how much he disliked the criticisms of Sarah making the rounds in the media.

The Sarah Palin of these criticisms did not, and does not, reflect the person I know. I invited her to be my guest at the Alfalfa Club dinner in late January, and to my delight she accepted. Sarah was a total hit at the dinner, and it was gratifying to see the high regard shown to her by many of Washington’s leading lights. Over the coming months, we stayed in touch, and we remained friends. It has been a pleasure telling people about the real Sarah Palin – a first rate Governor; a gracious, genuine and down to earth woman; and a caring and loving mother, wife, and grandmother.

Now to 2012 – will Sarah run? I have no earthly idea. She doesn’t seem to be making any preparations and is focused on the 2010 runs, but it is smart for her to keep her options open. Her charisma and plain speaking conservative and populist approach have great appeal. That said, if this really were a campaign in waiting, I would think her book release would be in November 2010, vs. November 2009, but what do I know about these things? The bottom line is that we as a party have an embarrassment of riches with a number of extremely capable and well-qualified potential candidates. Mitt Romney has excelled in everything he has done from private equity to the Olympics to governing; and he has huge name recognition and a lot of goodwill built up in the party after coming so close to capturing the nomination in 2008. Tim Pawlenty has an extremely effective record as a two term Governor, he has assembled a first rate team for his political action committee, and he has an appealing, fresh faced demeanor. If he decided to make a run, Governor Haley Barbour would be incredibly formidable. His role as party chair in 1993 when Republicans took back the House and Senate, his proven leadership in the aftermath of Hurricane Katrina, and his effectiveness as chair of the Republican Governor’s Association all evidence his capacity. Governor Mitch Daniels could also be a first tier contender should he decide to run and of course former Governor Mike Huckabee would be in a leading position should he give up his successful television career and run for President.

Please note, all of these contenders, including Sarah Palin, are sitting or former Governors. My view is that the executive experience and decision making authority is important preparation for a successful President. The Presidency, after all, is not just about setting tone and true leadership is not proven by delivering a flawless speech or coining a campaign rally cry. Leadership is tough stuff and these are dangerous and troubled times. All of these potential candidates have a proven record of making tough decisions under duress and achieving success in leading their states. Impossible to say who will run, but it’s great to have so many excellent choices.

November 23rd, 2009
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Talking about Sarah Palin on NewsHour

file under Republican Party, Sarah Palin - fmalek @ 9:52 am
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Because of my friendship with Sarah Palin I have been receiving more interviews than usual. Most I have turned down because I do not want to “feed the beast” or in any way have someone think I am trading on that friendship. I also am careful because even though everybody wants to know whether she will run for president in 2012, the truth is I don’t know what she plans. However, it is my estimation that she will not. One of the few interviews I have given aired on PBS last week. It is a short appearance, but here it is:

November 17th, 2009
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Talking About Sarah Palin on Hardball

file under Sarah Palin - fmalek @ 2:09 pm
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If you didn’t manage to see my appearance on “Hardball with Chris Matthews” yesterday evening, the video is here. We talked about Sarah Palin’s new book and what she might or might not do in 2012. Enjoy:

November 12th, 2009
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Talking NY 23, the GOP and Pres. Obama on Morning Joe

file under Afghanistan, Heath care, Republican Party - fmalek @ 3:57 pm
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Joe Scarborough invited me on “Morning Joe” today to talk about the Republican Party and what the election in New York’s 23 congressional district meant (it wasn’t about conservatives vs. moderates) and a subject I have written about before, President Obama’s troubling indecision in Afghanistan, among other topics. Here is the video in case you missed it:

November 4th, 2009
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Bob McDonnell’s Remarkable Victory

file under Boston Globe, RPV, Republican Party of Virginia, Virginia - fmalek @ 8:08 pm
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Yesterday, I told The Politico about Bob McDonnell’s victory in Virginia, “I don’t think it’s so much a referendum on Obama’s policies as it is a reflection on us having a really, really good candidate.” I wanted to expand on this.

First of all, back in May, I said about Bob McDonnell:

No one outside of Virginia knows him yet, but he’s the best GOP candidate for governor in many years. He is also able to build a center-right majority. As such, he will win the 2009 race, and this will embolden others to run and start the way back for the GOP. If you have any doubts, look back at 1993 when after a 1992 drubbing for the GOP, the election of Allen and Whitman paved the way for takeover of Congress in 1994. Bob’s victory will propel him to become one of the party’s biggest new stars.

Not only did Bob win, but he won with the largest majority that any Republican has achieved in the history of Virginia. He led the party to pick up five seats in the House of Delegates. And Republicans swept the constitutional offices for only the second time in the history of the state. According to exit polls, Bob won every age group, and he won independents 2-1.

How did McDonnell do this? The exit polls made it clear what the people of Virginia were concerned about: jobs.  Eighty-five percent of the electorate was “worried about economic conditions” and 53% were very worried. Bob carried these 63%-36% and 77%-23% respectively.

In the end, the people of Virginia had a serious concern – the economy, which nearly everyone is worried about – and McDonnell connected this concern to his policy prescriptions. Reviewing his website shows some of the most detailed policy proposals I have ever seen in a non-presidential campaign.

At the same time, he was attacked viciously and unfairly for a paper that he wrote in graduate school. But Bob knew that the people of Virginia weren’t interested in divisive social politics. Instead he kept discipline and kept the focus on what the people wanted to hear about, not what his opponent wanted him to talk about.

These are signs of a very talented leader: determination, discipline, policy expertise, awareness of the voters’ desires and needs, and an ability to connect with them.

November 3rd, 2009
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Talking Election 2009 on MSNBC

file under Election Day, Republican Party - fmalek @ 4:10 pm
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I was on MSNBC this afternoon with Andrea Mitchell talking about my support for Doug Hoffman and why the Republican Party still needs Olympia Snowe just as it needs Sarah Palin. Hope you enjoy:

October 26th, 2009
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10 Republican Leaders Who Could Be President

file under Leadership, Presidential politics, Republican Party - fmalek @ 11:17 am
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I have enjoyed the recent top ten lists for Republican leaders, Senate races, and the like published by smart observers like Chris Cillizza of the Washington Post and have occasionally ventured forth my own. Most of us who pay any attention to politics have a pretty good sense of the most influential Republican leaders today; and they include impressive people such as Romney, Pawlenty, Barbour, McConnell, Boehner, Gingrich, Palin, and others.

Less visible, however, and in some ways more intriguing to me are identifying those less visible figures who will emerge over the next five to ten years as leaders in the House, Senate, state capitols, and Presidential primaries. Here is my crack at the top ten, most under 50 and a few just past that age.

There are undoubtedly others that should be included, but whom I haven’t had the opportunity to meet, and thus haven’t assessed.  Here are the ones I have:

  1. Bob McDonnell. I predicted many months ago that Bob would be the next Governor of Virginia and that prediction looks very good now. For that reason he is included near the top of the most influential Republicans for the present as well as the future. He has been an enormously effective candidate and I believe will be elected next week. While he will be a great Governor for my home state, his national influence will soar as the first symbol of a Republican comeback and as an example of how to run a model and winning campaign.
  2. Mark Kirk. Mark is the moderate, progressive, and effective young Congressman from Illinois who should be elected to Obama’s old Senate seat in November 2010. Illinois has been a blue state for a number of years and has a pronounced registration advantage in favor of Democrats. Because he will capture the Obama seat in a blue state, and because his voice is both persuasive and moderate, he will emerge as an influential consensus builder in the U.S. Senate.
  3. Eric Cantor. As the #2 Republican in the House and a master of policy, Eric has been a strong and sensible voice for the center-right arguments that represent the Republican Party and the majority of Americans. He will have an increasingly important role in shaping the Republican agenda for many years.
  4. Scott Walker. The 41 year old Milwaukee County Executive has proven he knows how to contain costs, balance budgets, and win elections. In 2008, he won re-election with 59%, in a county Obama won by more than 60%. I believe he will be elected Governor of Wisconsin in November 2010 and represent the new wave of conservative leadership that knows how to bring needed services to the people by providing incentives and ingenuity vs. big spending.
  5. Paul Ryan. Another young man from Wisconsin, who at 39 is ranking Republican on the House Budget Committee. He has mastery of budgeting and economic issues and learned his trade at the foot of the late Jack Kemp, perhaps the most influential Republican of our era who never became President. Paul is smart, charismatic, and dedicated and can hold any office he sets his mind to.
  6. Rob Portman. Rob has a tough challenge on winning the Ohio Senate race as the State has been tilting blue lately. However, he’s just too good to fail. As a former Director of the U.S. Office of Management and Budget and Special Trade Representative, he has a terrific background to blend with his intellect and charm. He will immediately emerge as a leading voice in the Senate and in the future will be on everyone’s list for the big one or number two.
  7. Bobby Jindal. Bobby has proven himself at everything he has done, consistently taking on and meeting great challenges. He is developing into an articulate and charismatic leader whose future holds no bounds. He is a fine Governor for Louisiana and will continue to be a major policy voice in the Republican Party.
  8. Meg Whitman. Meg has a long road ahead to first win the primary in California and then defeat Jerry Brown to become Governor. Then, of course, she will have the tough challenge of fixing California. However, she is enormously talented and competent, and I believe she will win. If so, she will vault to number one overall, as the most influential and sought after leader in the Republican Party.
  9. Kelly Ayotte. The young and proven Attorney General of New Hampshire is poised to win this Senate seat next year. She has the friendly and reasonable comportment of an Olympia Snowe or Susan Collins but is more center right in her philosophy and thus better positioned for future leadership.
  10. Chris Christie. I am hopeful Chris will be elected Governor of New Jersey next week. However, his victory will be more a referendum on Jon Corzines’s out of control spending, high taxes and ineffective governance, all awash in a sea of corruption in the NJ Democrat Party. Nevertheless, a victory in this blue state will give Chris a commanding platform.

There are three others who should be on the list, but I’m not sure where or how to place them:

  • Sarah Palin. Charismatic, effective, and beloved by so many in the Republican Party. Since I know her reasonably well and like her a lot, people always ask me about her future plans. The answer is I have no idea, and my sense is she hasn’t ruled anything out and is truly undecided. Maybe her book next month will provide some clues.
  • Marco Rubio. We desperately need in our own party a young Hispanic leader. We cannot again be a majority party without better understanding and appealing to minorities, especially Hispanics. As a former speaker of the House in Florida, Mark is an attractive and charismatic, conservative voice. The problem is he has nowhere to go right now. He is unlikely to defeat Charlie Crist in the Florida primary for the U.S. Senate but could be poised to win the subsequent Senate contest against Bill Nelson.
  • Jon Huntsman, Jr. Jon has gone far away and so is out of mind. However, he was an effective deputy special trade representative, and effective Ambassador to Singapore, and a super Governor of Utah. Plus, he has the charm, dedication, financial resources, and great family to ensure he will be back and be a powerful player on the national stage.

There you have it–please let me know your reactions to these names and help me evolve my thinking.

October 5th, 2009
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Foreign Policy and Domestic Policy — President Obama’s Wrong Turn

file under Uncategorized - fmalek @ 1:59 pm
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Last year, as national finance chairman for John McCain’s Presidential campaign, I strongly supported my friend Sen. McCain, but have kept an open-mind about President Obama’s administration, which you can see in the “100 Days Scorecard” posted here back in April. Don’t get me wrong, it was not a glowing assessment. In particular, I gave him a “D” on the Economy, and his recent decision to levy a tariff on Chinese tires makes me all the more certain this was fair. But I also gave him a “B+” on foreign policy, writing at the time:

“He’s had the good judgment to rely on our distinguished generals and not to withdraw prematurely from Iraq. The build-up in Afghanistan is badly needed, but probably not enough.” Also, in that time frame he stated that Afghanistan was a war of necessity.

I would not rate his judgment so highly today.

While the President took a commendable approach to Afghanistan at the outset, his uncertain response to Gen. McChrystal’s request for additional troops is troubling. Gen. McChrystal has made it very clear that success in Afghanistan depends on a significant increase in forces, and yet the New York Times reports that the White House is divided against itself on this very issue.

Reportedly, the President is considering alternatives, among these an option raised by Joe Biden to withdraw from the country and concentrate on striking Taliban targets from the air only. Let us not forget that this is not far off John Murtha’s plan for Iraq, which the President supported as senator. Further adding to the judgment question, then Sen. Obama opposed President Bush’s successful surge policy in Iraq while Sen. McCain strongly supported it.

The President seems to be moving in questionable direction in other areas of foreign policy as well, including his decision to block a U.S. missile shield base in the Czech Republic and Poland, appeasing the undemocratic leadership in Russia. That this comes at the same time new revelations about Iran’s very serious nuclear program raise ever more concern.

The President’s decision to give Attorney General Eric Holder a free hand to pursue criminal investigations against CIA and other U.S. personnel who dealt with terrorists and other highly dangerous detainees is one more mistake in the making. His own CIA Director as well as seven former CIA directors serving under both Republican and Democrat administrations have publicly opposed this decision, and yet the President allows the investigation to proceed despite his earlier statements against such a move. Has it occurred to him that these people deserve our heartfelt gratitude for protecting us from another terror attack these past eight years?

My sense is that these decisions are driven in part by a Democratic base that is divided about what to do in Afghanistan, but adamant about holding the Bush administration responsible for Abu Ghraib and anything else they can. The same goes for the trade war with China. American car companies and tire manufacturers did not want it, but the United Auto Workers did. Labor is still a powerful force in Democrat circles, even if only there. Why else create these international headaches and penalize auto companies at such a dangerous time? The President’s poll numbers have been falling as his health care plans have proved unpopular, and he is battening down the hatches ahead of a midterm election that could be very bad for his party. I fear President Obama is rejecting his sounder judgment in favor of domestic political considerations.

Perhaps you remember, last summer Sen. Barack Obama suggesting that his lack of executive experience was not a matter for concern in foreign policy because, he said, his judgment was much better than that of his opponents. In fact, he used both words in an interview with ABC News during the primary campaign. Specifically, the future President said: “One thing I’m very confident about is my judgment in foreign policy. … The notion that somehow from Washington you get this vast foreign policy experience is illusory.”

It was apparent to those of us who supported John McCain that Obama had no choice but to downplay the value of foreign policy experience, where no one doubted that Sen. McCain had the overwhelming advantage and where Sen. Obama simply elevated the judgment argument and asserted that his judgment was the better. To her credit, Hillary Clinton tried to make this very point in her “3 am call” ad. He guessed correctly that the mainstream media would not dwell greatly on whether this was actually true. If they had, they would realize that this was a question they could not answer, because Obama had very little experience where he could demonstrate it.

Those of us who questioned whether Senator Obama was ready to be President Obama are finding that our concerns were warranted. Putting the U.S. back on the right track will take an enormous effort. Hopefully the President will start showing some of that judgment he’s told us about. If he doesn’t, independents will continue to desert him, and the American people may well decide he does not deserve a second term.

September 18th, 2009
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Fred Malek on CNBC, September 17

file under Uncategorized - fmalek @ 12:07 pm
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If you missed me on CNBC this week, here are a few clips from my guest hosting appearance on Thursday morning. We talked about the President’s health care plans and the current state of the economy. I hope you enjoy.

Clip 1:
Clip 2:
Clip 3: