As tax reform becomes a major focus in Washington,
Congress faces a unique opportunity to fix a situation that has long favored
multinational corporations at the expense of U.S. companies. Doing so could
level the playing field for American companies while also delivering an extra
$1 trillion in tax revenue over the next decade. Currently, domestic American corporations are required to
pay U.S. taxes on all of their worldwide income. In a rather unfair contrast,
however, multinational firms are only required to pay taxes on foreign income
after their profits are brought into the United States. Unfortunately, taxation
on “foreign” profits can be avoided for decades because large companies can
still use the money without appearing to return it to the U.S. [more...]
Tuesday, November 21, 2017
11-21-17 Excellent Guests for Your Show
1. James Hirsen: Al Franken’s Future
2. Lowell Ponte: The Return of Morality in Politics
3. Jeff Ferry: Strong Post-Brexit
Outlook for UK Economy
4. Daniel Greenfield: The Hotel from Leftist
Hell
5. John LeBoutillier: Moore GOP Trouble?
Al
Franken’s Future
By
James
Hirsen
It is highly likely that, under the circumstances, SNL
alumni/U.S. Senator Al Franken has submitted himself to an ethics probe because
it has historically provided a shield to members of Congress who have been
accused of corrupt or abusive behavior. Such an investigation opens up a path
for the accused legislator to nurture the image of cooperation while slowing
any pending resignation demands. Point of fact: Franken has already been asked
by members of his own party to resign. The rules of the ethics committee were
written by politicians and seem to have been designed to assist those embroiled
in scandal. [more...]
The
Return of Morality in Politics
By
Lowell Ponte
The
Atlantic’s Caitlin Flanagan writes that feminists who rushed to
defend Bill Clinton in the 1990s were “on the wrong side of history.” A chorus
of other Democrats and progressives agree that this immoral ex-president and
others deserve to be condemned now. Is this genuine contrition or pragmatic
politics? Democrats now recognize that they cannot credibly charge sexual
misbehavior against Alabama Senate candidate Roy Moore while refusing to
condemn their own such as Bill Clinton or current Democratic Senators Bob
Menendez and Al Franken. [more...]
Strong Post-Brexit
Outlook for UK Economy
By
Jeff
Ferry
On
Oct. 31st, the Times ran
a doom-and-gloom story entitled “What’s the Economic Cost of Brexit?” The
reporter quoted economists and others bemoaning the alleged “uncertainty”
caused by Britain’s decision to pull out of the European Union by March 2019.
Like the witches in a Shakespeare play, British economists have been offended
that the electorate ignored their dire warnings and have sought to cast a spell
over the economy ever since June 2016. Yet despite the constant drumbeat of
gloomy forecasts, political disunity in Westminster, sudden departures from
Theresa May’s Cabinet, and the growing difficulty of negotiating a post-Brexit
trade agreement, the British economy, and, in particular, its manufacturing
sector, is actually doing better than ever. [more...]
The Hotel from Leftist
Hell
The
world’s first leftist anti-Trump hotel is here. You won’t be surprised to learn
that it’s opening in Washington, D.C. (with additional locations in Seattle,
Hong Kong and San Francisco). And you’ll be even less surprised to hear that it’s a luxury hotel with
organic mattresses and crystal healing. Instead of a Bible, there’ll be a
United Nations pamphlet. The minibar will have an activist toolkit. Staffers
will be hired for their commitment to leftist social justice. (That’s
technically discrimination, but it’s not as if leftists live by the laws they
impose on the rest of us.) [more...]
Moore GOP Trouble?
On
the latest edition of REVOLUTION_The
Podcast... We explore how the accusations against Alabama Senate
candidate Roy Moore have the potential to spread nationally to the Republican Party
and ultimately to President Trump. The gender gap, the Trump Administration's
disproportionate appointment of 80% men to federal jobs and last week's
election results all portend trouble in 2018 for the GOP. Meanwhile Special
Counsel Robert Mueller moves ahead while President Trump and Fox try to
convince a skeptical Attorney General Jeff Sessions to appoint a Special
Counsel to explore Hillary Clinton and Uranium One. [more...]
Wednesday, November 15, 2017
11-15-17 Great Guests for Your Show
1. Michael Stumo: No Trade Deals in Trump
Asia Trip?
2. Stephen Thayer: The Left Continues Misleading
Arguments in Support of Their “Police Target Blacks” Theme
3. Kerry Lutz: The Trump Charm
Offensive
4. Daniel Greenfield: Sessions Replaces the
Left with the Rule of Law
5. Seth Cropsey: U.S. Navy’s New Show of
Force
6. Jeff Ferry: The Missing Trillion
Dollars in the Republican Tax Reform Plan
No Trade Deals in Trump
Asia Trip?
The
chattering class was expressing worry and apprehension about the
administration’s trade policy once again last week. Why, they asked, is Trump
not negotiating trade deals with China during his recent trip through Asia? The
answer is that any negotiations would have been a fruitless waste of time and a
distraction. Instead, the U.S. should act unilaterally to fix its trade
problems just as China acted unilaterally on its road to economic dominance. It is important to
understand that trade agreements have very little correlation with increased
prosperity. China rose through a strategic economic nationalism plan which
included a mix of currency undervaluation, massive subsidies, intellectual
property theft and a series of 5-year economic plans. Japan and South Korea
grew from poor countries to relative prosperity through their own version of
strategic economic plans implemented unilaterally. The U.S.
government needs a similar plan to resign from its status as the “importer of
last resort” for the rest of the world’s overproduction. [more...]
The Left Continues Misleading
Arguments in Support of Their “Police Target Blacks” Theme
We have commented before on the political left’s continued
efforts to characterize law enforcement as racist. In the face of FBI
reports and statistics to the contrary, they continue to present arguments to
support their debunked and dubious theories. One of their misleading tactics is
to focus on the disproportionate impact of the U.S. criminal justice system on
African Americans. It’s proof, they suggest, of systemic racism in law
enforcement. The claim is lazy, pointing out that blacks, while only 13 percent
of the population, represent far higher proportions of incarcerated subjects.
And the fact that black subjects are stopped by police at disproportionate
rates is, to the left, simply more proof of the corruption and racism. Liberals
continue misleading arguments in support of their “police target blacks” theme.
They refer to the false
Ferguson mantra of “Hands up, don’t shoot” when Michael Brown was
killed by Officer Wilson and to other shootings by police. The truth is more
whites are killed by police than are blacks. [more...]
The Trump Charm
Offensive
By
Kerry Lutz
For
the “Never Trumpers,” it’s hard to admit, but there is a charming side to our
commander in chief. His recent overseas Asian trip was proof that it not only exists,
but it’s very effective. He seems to have taken Asia by storm. Remember, it was
not long ago that the Chinese refused to roll out the stairs, let alone the red
carpet, forcing Obama to do a humiliating exit from the belly of Air Force One.
And now, just a few short years later, Trump is exiting from the stairs to a
red carpet reception. And his Chinese nicknames, “Donald the Strong,” “Grand
Commander Uncle Trump“ are good indicators of his popularity. I don’t
remember the Chinese referring to “Barrack the Invincible.” [more...]
Sessions Replaces the
Left with the Rule of Law
The
rule of law didn’t exist under Obama. But now it’s coming back. Attorney General Sessions began his
remarks before the House Judiciary Committee by declaring that the rule of law
"forms the foundation for our liberty, our safety, and our prosperity. In
this rule of law, we are blessed beyond all nations." And he summarized
what he had been doing in less than a year to restore the rule of law to
America. [more...]
U.S. Navy’s New Show of
Force
By
Seth Cropsey
The
three U.S. Navy carrier strike groups’ presence is useful in reminding North
Korea that the U.S. can still project punishing power across the Pacific in a
relatively short period of time. I do not agree that this is the Navy’s
worst nightmare. The nightmare would turn real if another crisis emerged
simultaneously at some other place that required large carrier-borne
fighters/bombers, for example in the East Mediterranean and/or the Persian Gulf.
Otherwise, the three carrier strike groups in the West Pacific are a reminder
of exactly why the U.S. needs to remain the world’s dominant seapower. It
would be better if these carriers airwings had been trained for integrated,
rather than sequential, operations. And this should serve as a reminder
that integrated carrier operations are one possible alternative than keeping a
single carrier on patrol in each of the world’s hotspots. Read: Seablindness: How Political
Neglect is Choking American Seapower and What to Do About It,
by Fmr. Deputy Undersecretary of the U.S. Navy Seth
Cropsey.
The Missing Trillion
Dollars in the Republican Tax Reform Plan
By
Jeff
Ferry
The
Republican tax reform plan is suffering from a shortage of funds. Yet Paul Ryan
and his colleagues are trying to give the American people a substantial tax cut
as their signature achievement of 2017. However, they are constrained by
Congressional rules that limit increases in the federal budget deficit to just
$1.4 trillion over 10 years. As a result, the plan is peppered with small-bore
cutbacks to tax deductions and other maneuvers that make the plan seem
small-minded and miserly. Thankfully, there is one potentially large tax reform
that could bring in a whopping $1 trillion, and empower the Ways and Means
Committee to be truly generous with the American middle class. [more...]
Tuesday, November 14, 2017
11-14-17 Expert Guest for Your Show
1. Seth Cropsey: U.S. Navy’s New Show of
Force
2. Jeff Ferry: The Missing Trillion
Dollars in the Republican Tax Reform Plan
3. James Hirsen: Why Judge Moore’s Supporters Remain Loyal
4. Lowell Ponte: Will Protesters Silence Our National Anthem?
5. Protesters Interrupt David Horowitz Speech at the University of Houston
U.S. Navy’s New Show of
Force
By
Seth Cropsey
The
three U.S. Navy carrier strike groups’ presence is useful in reminding North
Korea that the U.S. can still project punishing power across the Pacific in a
relatively short period of time. I do not agree that this is the Navy’s
worst nightmare. The nightmare would turn real if another crisis emerged
simultaneously at some other place that required large carrier-borne
fighters/bombers, for example in the East Mediterranean and/or the Persian
Gulf. Otherwise, the three carrier strike groups in the West Pacific are
a reminder of exactly why the U.S. needs to remain the world’s dominant
seapower. It would be better if these carriers airwings had been trained
for integrated, rather than sequential, operations. And this should serve
as a reminder that integrated carrier operations are one possible alternative
than keeping a single carrier on patrol in each of the world’s hotspots. Read: Seablindness: How Political
Neglect is Choking American Seapower and What to Do About It,
by Fmr. Deputy Undersecretary of the U.S. Navy Seth
Cropsey.
The Missing Trillion
Dollars in the Republican Tax Reform Plan
By
Jeff
Ferry
The
Republican tax reform plan is suffering from a shortage of funds. Yet Paul Ryan
and his colleagues are trying to give the American people a substantial tax cut
as their signature achievement of 2017. However, they are constrained by
Congressional rules that limit increases in the federal budget deficit to just
$1.4 trillion over 10 years. As a result, the plan is peppered with small-bore
cutbacks to tax deductions and other maneuvers that make the plan seem
small-minded and miserly. Thankfully, there is one potentially large tax reform
that could bring in a whopping $1 trillion, and empower the Ways and Means
Committee to be truly generous with the American middle class. [more...]
Why
Judge Moore’s Supporters Remain Loyal
By
James
Hirsen
Despite the avalanche of recent coverage by the
mainstream media over allegations against Judge Roy Moore, Alabama voters are
not buying into reports that center on his purported distant past. Television
reporter Lauren Walsh was unable to find a single local resident who believed
the Post report. “Out of all the voters we spoke with..., we didn’t find one
voter who believed the Washington Post
report about Moore,” Walsh stated. Meanwhile CNN conducted its own research on
the attitudes of Judge Moore’s supporters and was forced to print the results
of its inquiry of approximately a dozen Alabamians who diminished or outright
dismissed the Post’s story. [more...]
Will
Protesters Silence Our National Anthem?
By
Lowell Ponte
Even
facing a huge boycott by viewers on Veterans Day, the NFL league office refused
to change its policy that allowed players to protest by not standing
respectfully during the traditional playing of America’s national anthem. Some
players who take a knee, link arms, or otherwise show disrespect want to make
an ideological protest against what they see as American society, from police
behavior to the nation as a whole. Other players
– average NFL salary $2.44 million – apparently see the enormous media
attention Colin Kaepernick is given in the liberal media for his protests and
want such national attention and fame for themselves. Fame and name recognition
beget more and more money. They seem eager to step on the flag and anthem in an
infantile “Look at Me” publicity stunt, perhaps because most are mediocre
players like Kaepernick. [more...]
Students for Genocide
in Houston: Protesters Interrupt David Horowitz Speech at the University of Houston
U. Houston was Recently Named to List of “Top
Ten Worst Schools that Support Terrorists,” Hosted 2017 SJP National Conference
About 100 angry student protesters supporting the
Hamas-funded and Hamas-guided campus organization Students for Justice in
Palestine staged a loud and disruptive walkout of David Horowitz’s November 2nd
speech at the University of Houston.
Horowitz is the founder of the California-based David Horowitz Freedom
Center and his speech, which was sponsored by the Young America’s Foundation, focused
on “The Terror Network on American Campuses.” [more...]
Monday, November 13, 2017
Protesters Interrupt David Horowitz Speech
Students for Genocide
in Houston: Protesters Interrupt David Horowitz Speech at the University of Houston
U.
Houston Was Recently Named to List of “Top Ten Worst Schools that Support
Terrorists,” Hosted 2017 SJP National Conference
About 100 angry student protesters supporting the
Hamas-funded and Hamas-guided campus organization Students for Justice in
Palestine staged a loud and disruptive walkout of David Horowitz’s November 2nd speech at the University of Houston.
Horowitz is the founder of the California-based David Horowitz Freedom
Center and his speech, which was sponsored by the Young America’s Foundation, focused
on “The Terror Network on American Campuses.”
The protestors carried Palestinian flags and a sign
stating “Black Lives Matter.” During the walkout, which took several minutes,
they attempted to shout down Horowitz, making it impossible to hear his words.
The protestors chanted, “David, we reject your presence on our campus” and “Zionists
off our campus, Islamphobes: off our campus.” A video of the
protestors attempting to derail Horowitz’s speech may be viewed here.
The
David Horowitz Freedom Center recently named the University of Houston to its new report on the “Top Ten Worst Schools that Support
Terrorists.” Coinciding with the release, the Freedom Center placed posters
on the Houston campus exposing the links between Students for Justice in
Palestine and the terrorist organization Hamas, whose stated goal is the
destruction of the Jewish state and the annihilation of its Jews. The University of Houston hosted
the Students for Justice in Palestine National Conference on October 27-29, 2017, an event that has become
notorious for its secrecy and for anti-Semitic speakers who support anti-Israel
terrorism.
As was
revealed
in recent congressional testimony,
Students for Justice in Palestine is a campus front for Hamas terrorists. SJP’s
propaganda activities are orchestrated and funded by a Hamas front group,
American Muslims for Palestine, whose chairman is Hatem Bazian, is a founder of
Students for Justice in Palestine, and whose principals are former officers of
the Holy Land Foundation and other Islamic “charities” previously convicted of
funneling money to Hamas. Hamas is a State Department-designated terrorist organization
whose explicit goals, as stated in its charter, are the destruction of the
Jewish state, and the extermination of its Jews.
“Students
for Justice in Palestine together
with other student organizations such as the Muslim Students Association, and
Jewish Voice for Peace have formed a coalition to spread Hamas propaganda,”
explained Freedom Center founder David Horowitz. “This propaganda effort was designed
to destroy the Jewish state, annihilate the Jewish people, and fan the flames
of hatred for America as Israel’s ‘protector.’ Their mission—aided by funding
and organizational support from Hamas—is to whitewash actual terrorist attacks
and promote the genocidal lies of terrorist organizations in order to weaken
the Jewish state, deny it legitimacy, and ultimately destroy it.”
“American universities like the University
of Houston provide cover and financial support for these terrorist agents,
allowing them to provide propaganda that advances Hamas’s genocidal agendas,” Horowitz
continued. “It is disgraceful that
President Khator and the University of Houston should provide cover and
financial support for these terrorist agents, allowing them to spread
propaganda lies that advance Hamas’s genocidal agendas.”
The
Freedom Center posters placed on Houston’s
campus contained the hashtag #StopUniversitySupportforTerrorists. They were
torn down by university authorities who have turned their backs on the First
Amendment and the very idea of free speech. Images of the posters that appeared
at Houston and other campuses may be viewed at www.stopuniversitysupportforterrorists.org.
The David Horowitz Freedom Center, founded in
1988, is a not-for-profit organization located in Sherman Oaks,
California. The Center’s mission is to defend free societies like America and
Israel, which are under attack by totalitarians both religious and secular,
domestic and foreign.Thursday, November 9, 2017
11-9-17 Excellent Guests for Your Show
1. Patrick M. Garry: How Washington Helps
the Rich and Hurts the Poor
2. Daniel Greenfield: This is What a Rigged
System Looks Like
3. Bruce Thornton: Another Terrorist
Attack, Another Whitewash of Islamic Jihad
4. Michelle
Seiler-Tucker:
The ‘Paradise Papers’
5. David Horowitz: The Left in the
University
6. Lowell Ponte: Taxing
America’s Future
How Washington Helps
the Rich and Hurts the Poor
In my new book, The False Promise of Big
Government, I reveal the right argument
against big government. Progressives have created a massive and intrusive
federal government by repeating this mantra: big government is necessary to
help the “little guy” - the poor, working class, and middle class. There’s only
one problem with progressives’ favorite claim: IT’S A MYTH! [more...]
This is What a Rigged
System Looks Like
In
May, U.S. District Court Judge Amy Berman Jackson dismissed a lawsuit by the
families of the victims of Benghazi against Hillary Clinton. Judge Jackson
decided that the families couldn’t sue Hillary either for wrongful death or for
defamation. That isn’t too surprising as Jackson is a former Clinton donor who
had been appointed by Obama. And a Clinton donor should never have been ruling
on a Clinton case. But now Judge Jackson will be presiding over the Paul Manafort
case. Presiding over Manafort’s indictment is Judge Deborah A. Robinson whose
most prominent previous case was the Berger trial. Sandy Berger, Bill Clinton’s
former National Security Adviser, stole classified documents about the terror
failures of the Clinton administration, hid documents under a construction trailer, lied about taking them and
destroyed some of them. People have gone to jail for doing a whole lot less
with classified documents. But not Clinton associates. [more...]
Another Terrorist
Attack, Another Whitewash of Islamic Jihad
After
a Muslim immigrant from Uzbekistan murdered eight people on a bike path in New
York, the usual “expert” pundits and commentators began recycling the same
cliches they always use to avoid a hard, uncomfortable fact: these killings are
perpetrated by Muslims who are faithfully following fourteen centuries of
Islamic precept and practice. Sixteen years after 9/11 we still don’t get the
reality of Islamic jihad. Indeed, we can’t even get simple facts straight. The
NYC terrorist’s cry of Allahu Akbar, the traditional Muslim
battle-cry, is consistently mistranslated. [more...]
The ‘Paradise Papers’
On
November 5th, 13.4 million electronic documents were released holding
confidential information on how the wealthy funnel their money through offshore
accounts to avoid paying taxes. The papers were hacked from Appleby, a law firm
that specializes in offshore banking deals across the world. The papers
explicitly show how wealthy individuals use offshore companies and accounts -
“tax havens” to avoid paying taxes. Among those named in the Paradise Papers were
the President of Columbia, Juan Manuel Santos; the current U.S. Secretary of
Commerce, Wilbur Ross, and Queen Elizabeth II. The papers also name
multinational corporations that funnel money through foreign companies like
Facebook, Apple, Nike, and Walmart, to name a few. [more...]
The Left in the
University
As
the Leftists scream at the sky on the anniversary of the election of President
Trump, it makes us realize the corruption of American higher education is a
tragic story in and of itself. “Snowflakes” and “safe spaces,” crowds of thugs
shutting down conservative speakers, craven administrators caving in to demands
of activist students and faculty have become increasingly common since the rise
of Donald Trump sparked a “resistance” movement. Even progressives who
have run afoul of campus terrorists are writing books about free speech now
that their revolutionary children have started devouring their own. My new book, The Left in the University,
volume 8 of The Black Book of the American Left, addresses
this issue in detail. [more...]
Taxing
America’s Future
By
Lowell Ponte
The American Dream is being undermined by government
policies. “The sweeping tax overhaul House Republicans introduced [November 2]
would eliminate or scale back some of the biggest incentives for home-buying in
federal law,” wrote Russell Berman in The Atlantic. This would, he said, cut in
half the limit on deducting mortgage interest, cap property tax deductibility,
repeal the tax deduction for moving expenses, and force more people to pay
taxes on profits made from selling a home. The low-earning Millennial
Generation has already postponed buying their first home, which has postponed
marriages and couples starting a family, which has in turn helped spawn the
lowest fertility rate in American history. Higher taxes, in other words, have
unintended consequences. In this case, raising taxes on home ownership could
mean far fewer children in this generation – and far fewer future workers to
pay for Social Security and Medicare that are already speeding toward
bankruptcy. [more...]
Tuesday, November 7, 2017
11-7-17 Expert Guests for Your Show
1. Michelle
Seiler-Tucker:
U.S. Economy Continues to Grow
2. James Hirsen: Hollywood
Unravels
3. Jeff Ferry: In Corporate Taxes,
It’s the Tax Base That Matters
4. Lowell Ponte: The
Left’s Failed Civil War
5. John LeBoutillier: Gaming the Odds of
Any GOP Tax Bill Getting Signed into Law
U.S. Economy Continues
to Grow
The
U.S. economy grew 3.1% during the third quarter of 2017. This was higher than
expected after several states were damaged by hurricanes Irma and Harvey. Many
analysts believed that there would be a sharp slowdown in our economic growth
following the devastating results of this year’s hurricane season. However,
spending held steady, even though home building investment dropped. Consumer
spending had a 2.3% growth, added with the increased growth of exports;
business investments in equipment and intellectual property kept the GDP growth
rate at 3%. This was despite the fall of construction spending, mainly due to
the effects of the hurricanes this year. [more...]
Hollywood
Unravels
By
James
Hirsen
Hollywood is experiencing a seismic displacement that is impacting
its business, brand, and future prospects. Since the disgusting serial behavior
of Harvey Weinstein was made known to the public courtesy of the tenacious
reporting of journalist Ronan Farrow, some of the most powerful members of the
Hollywood community have been accused of various forms of sexual misconduct
ranging from sexual harassment to criminal sexual assault. The alleged
perpetrators comprise a list of some of the biggest and most heralded names in
Hollywood... [more...]
In Corporate Taxes,
It’s the Tax Base That Matters
By
Jeff
Ferry
In
their just-announced tax reform plan, the Republicans are focusing on the
corporate tax rate. But that’s the wrong variable to look at. The tax base is
much more important than the rate, because the tax base determines the
corporate profit that can be taxed. A broader tax base enables a lower tax rate;
and if Congress does not change the tax base, then cutting the rate will prove
a short-lived benefit, because continued erosion of the base will mean tax
revenue will decline further and rates will need to go up again in the future. The
core problem in today’s corporate tax system is that we say we have a worldwide
tax system but in reality we tax mostly corporate income (profit) booked in the
U.S. [more...]
The
Left’s Failed Civil War
By
Lowell Ponte
What
promised to launch an "Antifa apocalypse" for America proved instead
to be not a bang, but a whimper. Only a handful of the usual radicals
showed up in a few liberal cities to carry signs supplied by the Revolutionary
Communist Party, which idolizes the Marxist totalitarianism of Mao Zedong. Even
in New York City, mobilized by a full-page New York Times ad on November 1,
photos appeared to be only a meager menagerie of protesters huddled
together on a street in a city where large, boisterous left-wing rallies are
commonplace. [more...]
Gaming the Odds of Any GOP Tax Bill Getting Signed into
Law
What
are the odds that this new GOP tax bill - called The Tax Cut and Jobs Act
- passes and is signed into law? Let us go through the political calculations
and make a series of estimates: This particular bill itself - as announced last
week - will not be passed... ever. But that is normal. It will be changed,
tweaked, altered, bargained over and negotiated into a different bill... [more...]
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