2. Jeff Ferry: Why Economic Forecasts of the Effects of Trade Action Are Consistently Wrong
3. Lowell Ponte: Will 'Turncoat' Joe Biden Save His Soul
4. James Hirsen: The Clintons Partner Up with Hollywood
5. Crista Huff: Target Stock vs. Walmart Stock - Which is the Better Buy?
Why They Hate Trump
By Karen Kataline
Among the political classes, the opposition to Trump began well
before his inauguration by “trumping up” hatred for him regardless of any
facts. They have actually been willing to frame and defame him with the
ultimate goal of removing him from office by any means necessary, including
fraud. Are we to believe that all of this is because their delicate
sensibilities have been offended by Trump’s style, civility, or the lack
thereof? They don’t hate Trump. They hate what he stands for. It’s hard
to get your brain around but if that’s true, it’s the biggest crisis of all. [more...]
Why Economic Forecasts of the Effects of Trade Action Are
Consistently Wrong
By Jeff Ferry
For more than a quarter century, every major action the U.S.
government has taken on trade policy has been accompanied by economic forecasts
of their impact on the U.S. economy. And in every case, that forecast has been
wrong. Sometimes the actual result has been in the opposite direction from that
predicted in the forecast. These forecasts, based on economic models, are
influential. Indeed, U.S. trade law requires that an economic forecast be
carried out by the International Trade Commission (ITC) for every free trade
agreement the executive branch proposes to Congress. There are good reasons
these forecasts are habitually wrong and they go deeper than a simple bias
towards free trade on the part of the economists or civil servants. [more...]
Will 'Turncoat' Joe Biden Save His Soul
By Lowell Ponte
Last week Joe Biden declared his firm support for the Hyde Amendment,
which prohibits the use of taxpayer money to pay for abortions. The next
day Biden flip-flopped, saying he would join other left-liberal presidential
candidates in promising to ban the Hyde Amendment. Yes, he has shown himself to
be a modern Democrat - a politician defined not by his principles, but by his
willingness to instantly do whatever the leftist mob demands. Biden
has a strong pro-abortion record in politics. He even voted to let your
14-year-old pregnant daughter get a secret abortion without notifying you or
getting your approval. But Joe Biden might save his soul - if he uses this
opportunity to tell voters not to support the Democratic Party until the
leftist demons who have hijacked it are exorcised. [more...]
The Clintons Partner Up with Hollywood
By James Hirsen
Hillary may have finally found the hobby that she had been
looking for: Shaking down Hollywood execs in order to finance female-centric
projects. Because Hollywood decision makers abandoned business principles a
long time ago, she is likely to be able to obtain financing for some
agenda-laden products that few, if any, will want to see. As an added benefit
from all of this, we are able to get a sneak preview of what Joe Biden will be
able to do with himself after he loses. [more...]
Target Stock vs. Walmart Stock - Which is the Better Buy?
By Crista Huff
May was a poor month for U.S. stocks. While most retail
stocks suffered greatly, Target (TGT) and Walmart
(WMT) exhibited bullish price charts. I’m not adding
either Target stock or Walmart stock to my Cabot
Undervalued Stocks Advisor portfolio just yet, because their fundamentals are
not strong enough. However, these are the go-to stocks for institutional
investors who want to assess the discount store landscape in search of
potential portfolio stocks. Let’s review their outlooks in this breakdown of
Target stock vs. Walmart stock. [more...]
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