2015-01-31: Attacking North American Oil Production


The Senate passed legislation Thursday approving the Keystone oil pipeline 62-36.  Nine Democrats joined Republicans in supporting the legislation.  That didn’t stop President Obama from AGAIN promising to kill this popular bi-partisan legislation with a veto.  But this renewed veto threat wasn’t the only attack against North American energy by the President this week.  He also announced that he will use his executive authority to make 12 million acres of Alaska’s Arctic National Wildlife Refuge off limits to drilling.  This action will change a 1980 deal in which Congress specifically set these acres aside for future oil and natural gas exploration.

The problem here is that the Trans Atlantic Pipeline needs new sources of oil if it is going to continue to operate.  It’s dangerously close to shutting down.  And if it’s shut down, Federal law requires that it be dismantled.  Obama’s decision appears to be a deliberate assault on the pipeline and according to the Wall Street Journal, part of a strategy to ensure that it shuts down.  This would be a huge blow to Alaska and the American Economy.

This weekend, Glen talks about the economy, Islamic terrorism, and  how the left-wing agenda is hurting America.  Glen talks with Dr. Mark Hendrickson about his new book,  Problems with Piketty: The Flaws and Fallacies in “Capital in the Twenty-First Century.”   You can win signed copies of Mark’s book by clicking on the “Win Two Conference Tickets” ad above.  Glen talks with entrepreneur Larry Erdos (Co-founder of Speedy Furniture) about what it takes to be successful in business and life.  Larry offers some entrepreneurial lessons that he has learned over the years.

Glen Meakem is a successful technology entrepreneur, venture capitalist, and conservative talk radio show host, who offers information and insights on how individuals, our states, 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 2006, Glen co-founded Meakem Becker Venture Capital, a firm that invests in early stage start up companies.  More recently, Glen has founded and is the Chief Executive Officer of a new internet company calledForever.com.  Concerned about the liberal political agenda that had gripped the United States and his home state of Pennsylvania, Glen launched the radio program, “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 earned his undergraduate degree from Harvard and his MBA from Harvard Business School. For more information about the Glen Meakem on the Weekend Radio Program, or to read Glen’s blog, please visithttps://glenmeakem.com.

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Time: February 2, 2015, 5:17 pm

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