11/26/2016

Hollywood begins massive assault on gun ownership

These movies and television shows that are pushing gun control make no attempt to treat the arguments on the other side seriously.

"Miss Sloane" -- focuses on a battle-hardened female lobbyist who gives herself the Herculean challenge of taking on the gun lobby

The movie opens on December 9th.  Is already getting a huge amount of publicity simply because it has a political message that the liberal media likes.  Just from the trailer it appears as if they make the NRA look like a bunch of evil guys, not people who really care about letting the most vulnerable people in society have a chance to defend themselves and their family.




"The Senator's Wife" -- it is still listed as "in-development" -- "Harvey Weinstein promised that an upcoming film he’s making, starring Meryl Streep, will make the National Rifle Association “wish they weren’t alive” during an interview with Howard Stern earlier this week, and now it has a title."  
"Weinstein described the film as a 'big movie like a ‘Mr. Smith Goes to Washington,' which he hopes will make audiences think: 'Gun stocks — I don’t want to be involved in that stuff. It’s going to be like crash and burn.'”
This movie's fate may depend on what happens with "Miss Sloane."

Unfortunately, these pushes aren't alone.
gun control groups point to NetFlix’s House of Cards and CBS’ The Good Wife. Everytown worked with House of Cards to push gun control during season four of the series, and “the Brady Campaign consulted on an episode of The Good Wife for a gun control campaign, as well.

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UPDATE on North Carolina gubernatorial election

It is looking less likely that there were significant problems with the North Carolina gubernatorial election.  From the Associated Press:
The two Republicans and one Democrat on each county's elections board have been meeting this week deciding whether to toss out or unseal and count each of the remaining ballots. 
The largest challenge was unanimously dismissed Friday by the board in heavily Democratic Durham County, where a handful of computer cards got overloaded with ballots cast by early voters, forcing officials to hand-count 94,000 votes from the paper record. A Republican lawyer questioned the tally's accuracy, but the board's Republican chairman, William Brian Jr., said all evidence points to a true count. . . .
If McCrory's campaign is unable to convince a Republican majority that there were problems with the voting, the chances of them winning this election are very slim. 

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11/23/2016

Broad range of company stocks soar after Trump election win

Remember the claims by Justin Wolfers and Eric Zitzewitz that a Trump win would crash the stock markets? Well, the opposite has occurred.

You get an idea of the types of industries that have been most harmed by President Obama and which ones will be helped the most by Trump see the stocks that have gone up the most.

From USA Today:



Trump’s call for lower taxes, fewer regulations on businesses and government-financed infrastructure projects are viewed as a boon for smaller companies. . . .
From the Wall Street Journal:
Shares of banks, industrials and health-care companies propelled the Dow Jones Industrial Average to 19000 on Tuesday. The bets on those sectors largely reflect investors’ expectations of looser regulation, and higher growth and interest rates under a Trump administration. . . . 
Goldman Sachs Group Inc. (contributed 240.99 points to the Dow industrials since Nov. 4) and J.P. Morgan Chase & Co. (73.76 points) 
The two banks have been big factors in the blue-chip index’s rally this month, largely because of the improved outlook for bank earnings and the rebound in long-term bond yields, which can make lending activity more profitable.That has particularly helped J.P. Morgan, the largest bank in the nation by both assets and market value. Since the presidential election, bond yields have risen and the gap between long- and short-dated debt has widened. That should help banks’ income because it increases the difference between what lenders charge on loans and pay out on deposits. . . . 
UnitedHealth Group Inc. (99.64 points) 
The largest U.S. health insurer has struggled to eke out profitability from its Affordable Care Act plans. UnitedHealth Group has said it intends to withdraw from nearly all of the health-law marketplaces next year amid anticipated annual losses of about $850 million on ACA plans. Other insurers have also pulled back from their coverage areas under the law, leaving many counties with only one participating insurer and increased premiums. President-elect Donald Trump has pledged to “repeal and replace” the Affordable Care Act. Still, the law has also resulted in a Medicaid expansion, bringing new customers to the insurer. In its latest quarter, the company added 9% more Medicaid members.  . . . 
Caterpillar Inc. (77.45 points) . . .

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