1. Kenneth Rapoza: China's Rise as No. 2 Economic Power Has Created Worldwide Industrial Subsidies Trend
2. Kerry Lutz: Docusign Diplomacy - Iranian Peace is
Just a ZOOM Call Away
3. Todd Sheets: Is the Stagflation Sky Falling?
4. Michele Steeb: California's Real Homelessness Crisis
- Failed Governance
5. Fmr. Congressman Louie
Gohmert: 24 Hours on Capitol Hill
to Save America
6. Josh Hammer: For the Left, Power Always Trumps
Principle
7. James Hirsen: Elon Musk Becoming a Trillionaire is
Something to Celebrate
8. John Lott: The Shocking Truth About Australian Crime
Rates
China's Rise as No. 2
Economic Power Has Created Worldwide Industrial Subsidies Trend
By Kenneth Rapoza, Reporter/Columnist for Coalition for a Prosperous America
China's meteoric rise as
the No. 2 economic power behind the U.S. has forced other industrial powers to
increase subsidies in the form of direct payment grants and tax incentives in
order to maintain market share. The OECD report does say that China is the world
leader in subsidies. Between 2005 and 2024, the focus years for the study,
China companies received an average of three to eight times more government
support than most OECD countries. They said 22 percent of global market share
gains by companies that expanded over that time frame can be linked to
government support – everything from free land to major tax write-offs. But for
China, 60 percent of the companies that expanded all saw an increase in
government subsidies. China's rise as an industrial powerhouse has not only
been aided by Western capital; it's been helped even more by Beijing and
provincial government funding and tax incentives. [more...]
Docusign Diplomacy - Iranian
Peace is Just a ZOOM Call Away
By Kerry Lutz, Founder of the Financial Survival Network, Economist
The
digital revolution has finally hit the world of high-stakes international
diplomacy. Forget the historic, grand ballrooms of Geneva or Vienna. Forget the
flashing bulbs of hundreds of press cameras, the heavy velvet curtains, and the
theatrical spectacle of bitter adversaries awkwardly shaking hands over a
mahogany table. As the United States and Iran edge toward a momentous halt to
their high-tech conflict, history will record this not by the stroke of a
fountain pen on parchment, but by an encrypted digital token. [more...]
Is the Stagflation Sky
Falling?
By Todd Sheets, Investment Banker, Economist, Author of 2008: What Really Happened
Last week, The
Wall Street Journal ran an article titled, "Inflation is picking
investors pockets." Then, when the May inflation report came in "hot"
at 4.2% the markets took a hit, falling by 1.5%- 2.0%. Not coincidentally, bond
yields have also risen over the past few months. All of which has led some to
predict that we are returning to the kind of stagflation (stagnant growth
combined with rapidly rising prices) that turned the 1970s into the worst
decade for real (inflation adjusted) stock market returns in the twentieth
century. So, are the dire predictions correct? Or are they just a modern
version of Chicken Little clucking, "The stagflation sky is falling!"
[more...]
California's Real
Homelessness Crisis - Failed Governance
By Michele Steeb, Homelessness Expert
After California
lawmakers blocked legislation requiring a comprehensive audit of the state's
multibillion-dollar Homekey program, CalMatters undertook the very
investigation state leaders refused to demand. The findings sharply undercut
Governor Gavin Newsom's repeated claims that his pandemic-era Homekey program
has been a "phenomenal success." The two-year investigation, built on
roughly 250 projects and more than 100 public-records requests, exposed a
familiar pattern in Newsom's governance style: massive spending, glowing
political rhetoric, weak oversight, and deeply underwhelming results. In a
state already plagued by oversight failures involving Medicaid, hospice care,
in-home supportive services, and homelessness spending itself, the revelations
were troubling, though hardly surprising. [more...]
24 Hours on Capitol Hill
to Save America
By Louie Gohmert, Fmr. Texas Congressman
Only judicial accountability can end the judicial coup.
The David Horowitz
Freedom Center has developed the Judicial Accountability Project to
break the stalemate and restore the framework of a constitutional government.
The idea began during a conversation with former Rep. Louie Gohmert, a member
of the House Judiciary Committee, at the Freedom Center's event in Las Vegas
last year. It lit a spark that led to bigger things happening. We began building profiles of judges and collecting
information about judicial abuses; and even more importantly, we were building
a roadmap of constitutional options for accountability. Our list included a
judge who had lied about working for Jeffrey Epstein and signed off on the
Mar-a-Lago raid; a Pakistani judge who had apologized to two attempted Trump
assassins; along with more famous figures like Judge Boasberg, who had signed
off on the covert surveillance of members of Congress, as well as judges guilty
of conflicts of interest, abuse of AI to fake precedents, partisan misconduct
from the bench and other violations of judicial codes. [more...]
For the Left, Power
Always Trumps Principle
By Josh Hammer, Conservative Political Commentator
Graham Platner’s Senate candidacy exposes the lie that Democrats believe in anything other than their own power.
With the
Democratic Party nomination of Graham Platner to challenge
incumbent Susan Collins for her Maine Senate seat, the American Left has once
again proven that it stands for absolutely nothing other than its own maniacal
pursuit of power. Platner is one of the most scandal-ridden candidates for high
political office in modern American history. And those scandals have a rather
perfect way of undermining Democrats' purported pro-feminist and anti-Nazi bona
fides, exposing their brazen hypocrisy and galling lack of intellectual
integrity for all with ears to hear and eyes to see. [more...]
Elon Musk Becoming a
Trillionaire is Something to Celebrate
By James Hirsen, NY Times Bestselling Author, International Business Attorney, News Analyst & Cultural Commentator
In a capitalist system,
visionaries, entrepreneurs, inventors, artists, etc., have free rein to
flourish. Sometimes they are financially rewarded for their skills, talents,
and efforts. It's a beautiful thing, because when they are rewarded for their
contributions, a free society reaps the benefits as well. The Musk model is a
prime example. SpaceX isn't just another rocket company; it has fundamentally
rewritten the economics of space travel. And Starlink, a subsidiary of SpaceX,
has brought high-speed Internet to remote corners of the globe, from war-torn
locales and disaster zones to third-world rural villages, which has allowed
millions who were previously cut off to actually connect. [more...]
The Shocking Truth About Australian
Crime Rates
By John Lott, Worldwide Expert on Guns & Crime
Australia faces a serious
crime problem. Many Australians believe their crime rate is low compared with
countries like the United States, yet sadly that myth stems from
misunderstanding statistics about how crime is measured. Media coverage
reinforces the myth, and the real questions are why that
misunderstanding persists and what can be done about it. [more...]
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