Wednesday, May 4, 2016

5-4-16 Great Guests for Your Show

1. Michelle Seiler-Tucker: Halliburton to Pay Baker Hughes $3.5 Billion After Failed Merger
2. Daniel Greenfield: Trump Won Because He Was the Safe Choice
3. Michael Stumo: TPP Unlikely to Empower U.S. to Write Global Trade Rules 
4. Jeff Cox: Apple has been 'The Biggest Wealth Destroyer' for Investors


Halliburton to Pay Baker Hughes $3.5 Billion After Failed Merger

Halliburton, the oil services provider few look at fondly, paid rival firm Baker Hughes $3.5 billion in terminations fees after an attempted merger was shot down from every direction. Halliburton is the second largest such company, with Baker Hughes in third (first goes to industry giant Schlumberger). Once valued at $34.6 billion in 2014, this merger would now have only been worth $28 billion given the precipitous fall of oil over the last two years. The oil industry’s near collapse was a major factor leading to the scuttled deal. Halliburton and Baker Hughes both rely on oil company contracts; and, given that oil was, until recently, too expensive to pull out of the ground for many producers, their services saw little request. But the oil industry is slowly recovering. So what else killed this deal? Hint: the government. [more...]


Trump Won Because He Was the Safe Choice

Could it be that the same primary process that gave us McCain and Romney also gave us Trump? Yes. And for the same reasons. This campaign has been full of tilting at establishment windmills. The establishment makes for a convenient strawman, but the Republican Party of today, much like that of 1860, is neither an establishment nor a big tent. Instead, it's a bunch of opposing factions held together by a professional corps. Being strongly identified with one or more of those factions gets you a base of support, but also eventual defeat. That's why Seward never became the Republican nominee, instead a guy named Lincoln did. [more...]


TPP Unlikely to Empower U.S. to Write Global Trade Rules 
By Michael Stumo, CEO of Coalition for a Prosperous America

The Trans-Pacific Partnership (TPP) free trade agreement is unlikely to put the United States in a better position than countries like China to write and enforce the rules of the global economy. On Monday, President Barack Obama said in an op-ed piece published in the Washington Post that the TPP agreement would allow the United States - and not China - to write the trade rules for the world economy. The U.S. failed miserably to enforce WTO regulations and there is little reason to believe Washington will be able to write enforceable trade rules through TPP. [more...]


Apple has been 'The Biggest Wealth Destroyer' for Investors
By Jeff Cox - Finance Editor for CNBC.com

Investors managed to make it through a volatile April modestly ahead of the game, though individual returns were held back by one principal culprit: Apple. The tech giant was "the biggest wealth destroyer" for market participants during the month, according to Openfolio, a social networking platform that compares more than 65,000 shared portfolios within its community.  [more...]

Tuesday, May 3, 2016

5-3-16 Excellent Guests for Your Show

1. George Lombardi: Why Trump is the Best Choice to Bring GOOD Jobs to America
2. Lowell Ponte: Could Puerto Rico Be the First Falling Domino of Financial Doomsday?
3. Daniel R. Joseph: Could China Push the U.S. into Recession?
4. James Hirsen: D.C. - Entertainment Capital of the World
5. Dr. Gerard Lameiro: Will Kasich Assure Trump’s Nomination?
6. John LeBoutillier: This Week on Political Insiders


Why Trump is the Best Choice to Bring GOOD Jobs to America

Donald Trump is an entrepreneur, a businessman who has created jobs - good jobs - for decades. He has helped people create businesses and has built buildings, golf courses, parks and more where before there was just dirt. Trump understands how to create jobs and how to increase the worth of our land. The other politicians do not. Most rely only on government spending to produce cheap jobs, little opportunities, and spread misery and dependence. People are tired of paying outrageous taxes in order to keep a bloated government afloat. The great President Ronald Reagan said: “Taxation is forced labor; and if it goes beyond reasonable bounds, it is a yoke of oppression.” [more...]


Could Puerto Rico Be the First Falling Domino of Financial Doomsday?

On Sunday May 1, America's Caribbean Island Puerto Rico defaulted on a debt payment of $422 million. This island that Spanish explorers named “rich port,” Puerto Rico, is roughly the size of Connecticut and is home to 3.5 million U.S. citizens. How has it run up a staggering total debt of more than $72 billion, more than any U.S. state except New York and California? Puerto Rico has been turned into a cash-short poor port by U.S. economic manipulation along with welfare and government pension politics. The U.S. government built Puerto Rico's current economy on exotic tax breaks, especially for drugs. At one point, nine of America's 12 biggest drug companies had major facilities in Puerto Rico. [more...]


Could China Push the U.S. into Recession?

It seems like every time the Chinese stock market takes a big drop, so does ours.  When China reports particularly bad economic activity in a given month, hiring in the U.S. slows the next month. When the Chinese currency falls, analysts warn of the possible consequences of a currency war. It is not difficult to find news stories about all the capital that is fleeing China or predictions that China is on the verge of a financial crisis and/or economic collapse. With all the bad news coming out of China and the impact it seems to have on our economy, it is reasonable for Americans to wonder what exactly is happening with China’s economy and what impact is it likely to have on us.  I will try to explain the basics to the non-experts who don’t have time to track the details but want to know how worried they should be. [more...]


D.C. - Entertainment Capital of the World

Ever since the Obamas moved into the White House, the image and ambiance of Washington, D.C. has been transformed. Apart from the policies put forth by the president that have altered the national landscape, the nation’s capital has slowly turned into Hollywood East. It is not merely that the press has treated the First Family as if they were A-list movie stars, or that the president and his wife have appeared on more entertainment television programs than all of their predecessors combined, it is the manner in which Washington, D.C. has taken on the attributes of the entertainment capital of the world. [more...]


Will Kasich Assure Trump’s Nomination?

While John Kasich is largely being ignored by the media, will he inadvertently assure Trump’s nomination? According to a Public Policy Polling survey released this week, 49% of voters in John Kasich’s state of Ohio think it’s time for him to exit the race.  This is a big reversal from two months ago when 52% of Ohio voters thought he should stay in the race. Does it matter if Kasich stays in the race or not?  If he continues to stay in the race until the July convention, what is the impact on the Republican presidential nomination?  Does it favor Trump? Does it favor Cruz?  Does it matter at all? [Go here for a complete analysis...]


This Week on Political Insiders

On this week's POLITICAL INSIDERS, we discussed the importance of Indiana in the GOP race; Ted Cruz's myriad of moves; the current state of the Democrat race - including the FBI Primary; and the possible Trump-Hillary general election match-up. Watch the segments here: Part 1, Part 2, Part 3, Part 4. [more...]

Thursday, April 28, 2016

4-28-16 Great Guests for Your Show

1. Rabbi D.B. Ganz: The Immoral Economy of the Left
2. Crista Huff: Free Trade vs. Protectionism
3. Wayne Allyn Root: Democrats Allow Voting by Felons to Help Hillary Clinton
4. Joe Messina: After Mass Murder Sheriff Tells Residents to Arm Themselves


The Immoral Economy of the Left

Is it true that charity by government is highly ethical, as Bernie Sanders alleges? As an Orthodox Rabbi with years of Talmud study under my belt, I feel that a Sanders style economy would in truth be very immoral. Facts speak for themselves. After decades of economic ruin, these same Sanders ideas were rejected by hundreds of millions of Chinese, Russians and Eastern Europeans. The world’s three remaining “moral economies” (Cuba, Venezuela, and North Korea) are horribly poor and brutal police states where the disparity between rich and poor is infinitely greater than in the West. The choice of many young voters would be Bernie Sanders who has positioned himself as the champion of the underprivileged. By “moral,” he means, free college tuition and health care for all, massive government job works for the employed, and a 90 percent tax on the wealthy to correct the disparity between the haves and have nots. [more...]


Free Trade vs. Protectionism

In the context of the debate between those for and against the Trans-Pacific Partnership (TPP) trade agreement, pro-TPP factions like to portray TPP opponents as being “protectionist.” That’s a calculated slander, similar to when Tea Party and GOP activists are labeled “racist,” in an attempt to get opponents to back down and shut up. [more...]


Democrats Allow Voting by Felons to Help Hillary Clinton

Virginia Governor Terry McAuliffe just gave voting rights to 200,000 felons in Virginia. McAuliffe is a lifelong friend of the Clintons. This wasn’t subtle. There was no attempt to hide or disguise what just happened. This is clearly his gift to his close friend Hillary. McAuliffe just added 200,000 low-lifes and dirt-bags to the voter rolls in Virginia to try to steal the election for his buddy Hillary. Funny how these things work when you’re tone deaf to what this looks like to good, hard-working, law-abiding, taxpaying Americans. [more...]


After Mass Murder Sheriff Tells Residents to Arm Themselves


Following the mass murder of seven adults and one teen, Pikes County Sheriff Charles Reader encouraged the community he serves to arm themselves if they felt fearful. The news outlet seemed to indicate that the murders could be tied to Mexican drug cartels, though the Sheriff’s office did not specifically say that. In response to the murders, Reader told the citizens he serves that if they were fearful, they should arm themselves: “I can tell you if you are fearful, arm yourself. If you feel that you need to protect yourself or your family, do so, and contact the local law enforcement to come and respond to it.” This is good advice. In fact, these kinds of comments are becoming more commonplace with police chiefs and sheriffs across the country. [more...]

Tuesday, April 26, 2016

4-26-16 Expert Guests for Your Show

1. Daniel R. Joseph: Three Reasons We Don’t Need to Fear China
2. Jeff Cox: Stocks Could Benefit from Moving Average Breakout
3. Michelle Seiler-Tucker: The Obamacare Scare
4. Dr. Gerard Lameiro: Who Will Get the Unpledged Delegates at the GOP Convention?
5. John LeBoutillier: This Week on Political Insiders


Three Reasons We Don’t Need to Fear China

Given events between China and the U.S. over the last year, including showdowns over the South China Sea, cyberspace, Pacific trade agreements, currency manipulation, and the Asian Infrastructure Investment Bank, it isn’t surprising that China has been a popular topic on the campaign trail.  Throw into the mix China’s massive military build-up and the Chinese government’s ongoing crackdown on dissent, it seems fitting that a policy analysis published last year by the prestigious Council on Foreign Relations suggested that the U.S. needs “a new grand strategy toward China that centers on balancing the rise of Chinese power rather than continuing to assist its ascendancy.” [more...]


Stocks Could Benefit from Moving Average Breakout
By Jeff Cox - Finance Editor for CNBC.com

A year that had been looking pretty bleak for the stock market suddenly appears to be turning a corner. Since the Feb. 11 low, the S&P 500 has gained about 14 percent, thanks to strong performance from materials and energy stocks. However, other sectors are starting to catch up to give the rally more balance, and that has triggered an important signal that historically has portended for even stronger gains. Last week, for the first time since September 2014, all 10 S&P 500 sectors were above their 200-day moving averages. Financials, which remain negative for the year but have gained more than 12 percent over the past three months, were the last group to cross over. [more...]


The Obamacare Scare

Obamacare just lost the biggest health insurance provider in the U.S. United Healthcare announced it will abandon nearly all Obamacare programs for 2017. After losing $475 million in 2015 and projections to lose $650 million for 2016, UHC is calling it quits on Obama’s attempt to remedy healthcare. United Healthcare will continue to provide Obamacare in just a small number of states, withdrawing from the vast majority of the current 34 it serves. They will continue to focus on providing individual and employment based healthcare. [more...]


Who Will Get the Unpledged Delegates at the GOP Convention?

It appears unlikely that either Trump or Cruz will get to the magic number of 1,237 delegates to garner the Republican presidential nomination on the first ballot in Cleveland in July.  At that point, the “unpledged delegates” will become potentially critical in the nomination process. But there are also three other important groups of delegates that might give the nomination to Trump or Cruz. Some delegates are pledged to candidates who have suspended their campaigns.  These delegates are the so-called “orphaned delegates.”  In addition, some delegates are “pledged to be uncommitted.” Indeed, how will the unpledged, pledged to be uncommitted, and orphaned delegates vote in Cleveland?  What about the “non-aligned delegates” who support a candidate other than the primary winners in their respective states?  What’s going on with all these delegates? [Go here for a complete analysis...]


This Week on Political Insiders


On this week's POLITICAL INSIDERS, we discussed the state of the GOP race, what Trump needs to do, whether or not the system is indeed "rigged," and what will happen in the coming weeks. Watch the segments here: Part 1, Part 2, Part 3, Part 4. [more...]

Monday, April 25, 2016

The Donald Trump-Prince Connection


The public may generally have been unaware that a nexus existed between Donald Trump and the late pop icon Prince; however, this certainly appears to be the case. There are actually numerous links between the two famed individuals, each of their names having recently been brought up in the media and on the Internet following the unexpected passing of Prince.

Trump himself reacted to the death of the beloved music artist by posting a tribute to him on the Web. The GOP front-runner surprised his Twitter followers by releasing a statement that read, “I met Prince on numerous occasions. He was an amazing talent and wonderful guy. He will be greatly missed!” Prince’s sudden departure has led to a flurry of discussion on the artistic legacy of the pop singer-songwriter-actor, and Trump’s name has been part and parcel of the intriguing media conversation. [more...]

Thursday, April 21, 2016

4-21-16 Excellent Guests for Your Show

1. Wayne Allyn Root: My New Reality Series “Las Vegas Law”
2. Lowell Ponte: Changing the Face of the $20 Bill
3. Jeff Cox: Goldman Sachs Sees 'Upside Risk' for U.S. Economy
4. Michelle Seiler-Tucker: Capitalism in Basketball


My New Reality Series “Las Vegas Law”

Discovery’s new Investigation channel will launch my new reality series, “Las Vegas Law,” starting May 12.  Clark County District Attorney Steve Wolfson is about to become reality television’s newest star on the new series where cameras had unprecedented access to the prosecutors who protect Sin City. The Clark County District Attorney’s Office handles more than 60,000 cases a year, including high-profile homicides, robberies, gang-related crimes and assaults on the Strip. These aren’t stories pulled from a Hollywood script. They happen to real people just trying to live and let loose under the big lights of Sin City. [more...]


Changing the Face of the $20 Bill

Treasury Secretary Jack Lew is reportedly about to announce that the face on the $20 bill, President Andrew Jackson, will be replaced with civil rights hero Harriet Tubman. Jackson did many terrible things, but he was also the last president to reduce the national debt to zero, and to fight for smaller government. He opposed the creation of a national bank, which he saw as corrupt control over our money supply. [more...]


Goldman Sachs Sees 'Upside Risk' for U.S. Economy
By Jeff Cox - Finance Editor for CNBC.com

Remember last year when China devalued its currency and the market went nuts? Well, so much for that. The subsequent tightening in financial conditions that came with the bold currency move has vanished, according to Goldman Sachs. The bank said its proprietary Financial Conditions Index has returned to its August 2015 level, providing a bright spot in an economy that otherwise has been lackluster. [more...]


Capitalism in Basketball

In many of Europe’s biggest sports, fans are accustomed to seeing sponsor logos plastered across jerseys of their favorite teams. In the U.S., Nascar and golf fans are also familiar with the advertisement system. The big four, however - football, baseball, basketball, and hockey - have remained largely untouched by sponsors on apparel. For the 2017-2018 season, the NBA will debut on-jersey advertisements for the first time in the big four. The advertisement patches, measuring just 2.5 inches across, will generate $100 million in new revenue for the NBA. The return per square inch is enormous. It seems to me (and Adam Silver, the NBA commissioner) that this is a no-brainer. [more...]

Wednesday, April 20, 2016

4-20-16 Great Guests for Your Show

1. David Horowitz: Defamed by UCLA Vice Chancellor for Defending the Jews
2. Dave Bego: Unions Infiltrating the Republican Party?
3. Daniel Greenfield: Hillary Won NY Because Black People Hate Bernie Sanders
4. Michael Stumo: Congress is Starting to Understand that Free Trade Agreements Don’t Work


Defamed by UCLA Vice Chancellor for Defending the Jews

Today a letter attacking me was sent to all members of the UCLA community – that would be nearly 50,000 people – by Vice Chancellor for Equity, Diversity and Inclusion, Jerry Kang. The Vice Chancellor’s letter attacked me as a “provocateur” who last year “put up hostile posters accusing two student organizations - the Muslim Student Association (MSA) and Students for Justice in Palestine (SJP) - of being murderers and terrorists.” This is a lie. [more...]


Unions Infiltrating the Republican Party?

I recently received disturbing information from business friends in California and Colorado regarding the Republican Party in their respective states. This information creates concern about the divisiveness occurring within the Republican Party during the current election primary process, and potentially impacts the future of the party itself. Considering that California is a heavily union controlled state and Colorado politics are controlled generally through Denver, a heavily unionized city, it does not appear to be a coincidence that unions in these states may be infiltrating the Republican Party. [more...]


Hillary Won NY Because Black People Hate Bernie Sanders

Team Bernie was whining that they had lost in the South because it was "conservative" and even made noises about the Confederacy. They were lying and they knew it. They were losing because black people don't vote for Bernie. And that's why Bernie lost New York. Bernie Sanders won narrowly among white voters. He lost decisively among black voters 75 to 25. Hillary Clinton also won Latino voters 63 to 37. Those groups combined made up 36% of the electorate. White voters amounted to 60 percent. All Hillary Clinton needed to do was cut into Bernie's performance with white voters and he was toast. And that's what happened. [more...]


Congress is Starting to Understand that Free Trade Agreements Don’t Work
By Michael Stumo, CEO of Coalition for a Prosperous America


CPA held its annual DC Fly-In this week. CPA members from across the country fanned out across the Capitol. CPA is now taken very seriously by congressional offices. They trust what we say. One-fourth of our meetings included the congressman/woman themselves, which is significant and a new high for us. Senior staffers attended our meetings, rather than junior staffers, as was the case only a few years ago. Here are some arguments we have either won or made tremendous headway with, after years of work... [more...]