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Trump's "MAGA" is taken from Ronald Reagan. I worked on the television distribution of all of Campaign '80 for Reagan, Carter and then Anderson (the Independent). I knew I had heard "Make America Great Again" before and it suddenly dawned on me that it was from Ronald Reagan both at the Republican National Convention and in his television commercials. Roll the tape...

Vanderbilt University - Fascinating Insights Into Senate Leader Mitch McConnell (https://lnkd.in/eipX3PQg) - I crashed Jon Meacham's (https://lnkd.in/ebi32yKU) class at Vanderbilt tonight to hear Senate Majority Leader Mitch McConnell. Chancellor Daniel Diermeier did he introductions. Presidential Historian Jon Meacham and Former Senator Lamar Alexander presided over a discussion whose audience included former Senators Bill Frist and Bob Corker and other notables: 1) "This is the most dangerous period since WWII. Regan said that you earn peace through strength. Beating the Russians in Ukraine is the most important thing we have going on in the World right now." We are only spending 3% of GDP on the military. In WWII, in 1943 and 1944, more than 40% of US GDP was devoted to national defense 2) McConnell had polio as a kid. 3) He voted for Lyndon Baines Johnson for President (Democrat), over Barry Goldwater (Republican) because Goldwater was against the Civil Rights Act of 1964. 4) He was present for the signing of the Voting Rights Act of 1965. 5) He was in attendance for Martin Luther King's "I Have a Dream" speech. 6) He worked on the Infrastructure Investment and Jobs Act with President Biden and was in attendance for its signing. It was a bipartisan effort. 7) He believes he was the only senior Republican in attendance for Beau Biden's Funeral. 8) He believes the filibuster rules should NOT be repealed as they are a form of guardrail that requires compromise and that this compromise leads to better policy. 9) The intent of the Supreme Court appointments during the first Trump Administration, from the Senate's perspective, was not to repeal Roe v. Wade, but to limit the "Administrative State" which was usurping the authority of the elected legislative and judicial branches of the US Government.

SEC Commission Hester Peirce gave a speech on Friday at Wharton which was published on the SEC website today entitled "Hobs and Hobbes: Wharton FinTech Lecture" (see https://lnkd.in/gDT6Bx3i ) Commissioner Peirce argues the Commission has stifled “the creativity, experimentation, risk-taking, and ingenuity that are human distinctives and form the basis for human flourishing” and “depriv[ed] people of the certainty that they will benefit from their creative efforts.” I would go one further and warn that the SEC is ruining American competitiveness. It does this by stifling innovation in crypto and tokenization. It has also done this by gutting the market structure and related ecosystem required to sustain small-cap IPO markets. One-size-fits-all market structure is never the right answer. Its about time we fix it.

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Second in a Series on 9/11 - 11 Year Old Casey Akira Murphy and Guantanamo Bay There is very little that is more upsetting than going to the wake of an 11 year old boy when you have kids of similar age. You don't get over the open casket, the innocence that lays before you, the void that is created in a family that has gone from four down to two. Especially when his father has served our Country. Casey's brother Mitchell lost not only his father to 9/11 but on November 11, 2009, his only sibling. Do you cry or fill with rage? I carried Casey's Mass Card in my wallet for years. When www.tuesdayschildren.org started organizing meetings for 9/11 families with the US Military's Chief Prosecutor's Office that was prosecuting the 9/11 terrorists at Guantanamo Bay, it became clear to me that Casey's mass card had a better purpose: I gave it to Karen Loftus the Director and VWAP in the Office of the Chief Prosecutor of Military Commissions to take back to Guantanamo Bay and give the US Military a face for what they were fighting for... to understand that despite the delays, their work has meaning. As fate would have it, the Prosecutorial Staff at Guantanamo Bay all knew Casey's father who was killed at the Pentagon on 9/11 - Lieutenant Commander Patrick Murphy, USNR. They took little Casey's mass card, protected it in Lucite and, for inspiration, placed it at the center of their conference table in Guantanamo Bay.

Remembering 9/11 - First in a Series - The People On 9/11, I was vice chairman of Nasdaq, opening the market with the management team of Thoratec. Their COO, Tom Burnett, was one of the three brave men that took down the terrorists crashing United Airlines Flight 93 into the ground in Shanksville, PA. Their actions averted an even greater tragedy. He left behind his wife Deena and their three daughters. Mike McCabe, our best Nasdaq trader at Prudential Securities, quit to take a job with Cantor Fitzgerald in their then-under-construction office in Shrewsbury, NJ. It was so that he could be closer to his family. He was in the Twin Towers on 9/11 and I'm told was found three blocks from the World Trade Center. He left behind his wife and their two daughters and son. I still feel terrible I didn't make his services. I didn't find out until after they had been held. Dean Eberling, a highly regarded equity research analyst then at Keefe Bruyette & Woods, was in an elevator at the World Trade Center. The elevator fell when the plane hit the Tower. The emergency brakes kicked in. Dean managed to squeeze the door open. One of our former colleagues made it out. He did not. He left behind his wife Amy and their two daughters. Lonnie Stone was operations manager at Carr Futures. He had a "Thousand watt smile" which I never got to see in person. I did however have the honor and privilege to get to know his wife Stacy and their son Alex (now a practicing securities lawyer in New York) and hear stories about their other son Joshua (now an educator). Lieutenant Commander Patrick J. Murphy, USNR, was at the Pentagon on 9/11. He was 38. He was married to Masako and they had two boys, Mitchell and Casey. Casey died on November 11, 2009. I went to his funeral. He was 11 years old. His death was no doubt part of the reverberations of 9/11. There are so many families that I don't have the space here to recognize. 9/11 was unique in ways that are generally not appreciated by the public which is why www.TuesdaysChildren.org was founded. I had the honor to serve as a Director for 20 years: To serve as its Chairman for 8 of those years; To now be "Chairman Emeritus." We created "The Promise" to see all of the 9/11 Children into productive adulthood. We took our learnings in long-term-recovery and put them into service for US Military families that lost a loved one. I thank the many board members and staff for their service. In particular, I want to say thank you to Terry Sears who served as Executive Director with me for many years, John Cahalane, who picked up the baton from me as Chairman, and now John Fitzsimmons, LtCol USMC Ret, for carrying the baton as Chairman today. Finally, to the families of 9/11 and the many first responders I worked with over the years, I wish I could have done more. You are the best of America and we will never forget you.