‚ÄúIf we are going to win this war of ideas, 2016 is the most important election of this century.‚ÄĚ
— Steve Moore, chief economist, Heritage Foundation
I spent time last weekend with Steve Moore, the Heritage Foundation‚Äôs chief economist and a writer for The Wall Street Journal. Steve told me the Dream Debate of the Century between Paul Krugman and him, scheduled at FreedomFest, July 8-11, has generated a huge amount of buzz. ‚ÄúEverywhere I speak, that‚Äôs all they ask about,‚ÄĚ Moore said. Krugman is the #1 New York Times columnist and an advocate of big government.
Moore and Krugman never before have faced each other in a formal debate. I will serve as moderator and we will address each topic directly: austerity vs. stimulus‚Ä¶ red state vs blue state‚Ä¶ progressive vs flat tax‚Ä¶ and hot issues like inequality, jobs, minimum wage, ObamaCare and the national debt.
This will be a debate like no other‚Ä¶ and I urge you to sign up now and get a good seat. You also can register by calling 1-855-850-3733.
Steve thinks this debate will be like a preliminary bout in the 2016 presidential elections. ‚ÄúIt‚Äôs going to be about economic growth vs. distribution of income,‚ÄĚ Moore said. The Republicans are going to promote growth, while the Democrats are going to argue for fairer distribution of income.
He suggested that the Republicans need to take a page out of the Democrats‚Äô winning formula. He said the Republicans need to adopt the slogan, ‚ÄúWe Care!‚ÄĚ He said that Romney lost the election in 2012 because 85% in the exit polls said that the Democrat (Obama) cared more about them personally than the Republican (Romney). ‚ÄúThat has to change for us to win,‚ÄĚ he said.
Steve said he recently convinced a group of voters in Chattanooga, Tennessee, not to unionize by telling them, ‚ÄúYou don‚Äôt want to become like Detroit, do you?‚ÄĚ It worked. They voted against the union.
John Mackey, co-CEO of Whole Foods Market, and co-ambassador of FreedomFest (along with Steve Forbes) has another great way to beat the unions: pay their workers (‚Äúteam players‚ÄĚ) more than what union workers get. As a result, there is no incentive to unionize, and Whole Foods Market remains a non-union grocery chain.
Nailed It! John Mackey Recognized as World Leader
We are honored that¬†John Mackey, our co-ambassador to FreedomFest (along with¬†Steve Forbes), has been identified in the latest¬†Fortune¬†magazine as one of the 50 Greatest Leaders in the World.¬†These are not just business leaders, but leaders in government, philanthropy, sports and the arts. John was selected for creating two revolutions — the new food movement and his new brand of ‚Äúconscious capitalism.‚ÄĚ
Other admired leaders include:¬†in business, Tim Cook (Apple), Bill Gates (Microsoft), Jeff Bezos (Amazon), Mark Zuckerberg (Facebook) and Elon Musk (Tesla)‚Ä¶ in sports, Yao Ming (China) and LeBron James‚Ä¶ in government, John Roberts, Mitch Daniels, Narendra Modi and Xi Jinping (not Obama or Putin!)‚Ä¶ in religion, Pope Francis‚Ä¶ and in entertainment, Taylor Swift(!).
Last year, we gave John Mackey the¬†Leonard E. Read Book Award¬†for his fine work, “Conscious Capitalism.” It is required reading in my ‚ÄúLibertarian CEOs‚ÄĚ class.
We are honored to have¬†John Mackey¬†at this year’s FreedomFest, and he will be there all three days, speaking on advances in healthcare… a debate with billionaire entrepreneur¬†Peter Thiel¬†on ‚ÄúMonopoly vs. Competition‚ÄĚ… and another debate on ‚ÄúSpirituality vs. Materialism.‚ÄĚ John will also be one of the judges in the $50,000 American Dream Award. You won’t want to miss this opportunity to meet John Mackey in person at FreedomFest (along with¬†Peter Thiel¬†and¬†Harris Rosen).¬†Sign up here¬†or call toll-free: 1-855-850-3733.
In case you missed it, I encourage you to read my e-letter column from last week¬†on¬†Eagle Daily Investor¬†about¬†whether we’re headed for another 1937-style recession. I also invite you to comment in the space provided below my¬†Eagle Daily Investor¬†commentary.
O Las Vegas Money Show, May 12-14, Caesars Palace: I will be the keynote speaker at this year‚Äôs Vegas Money Show! I will be speaking on ‚ÄúIs the Golden Age of Investing Over? Not for this Market-Beating Strategy!‚ÄĚ Others speakers include Andy Busch, Marilyn Cohen, Roger Conrad, Bob Carlson, David T. Phillips, Jeff Hirsch, Mark Hulbert, Louis Navellier, Jim Stack and Wayne Allyn Root, as well as my Eagle Financial Publications colleagues Doug Fabian, Chris Versace and Bryan Perry.
Be a guest of Eagle Financial Publications and register for FREE by using priority code 038654 and calling 800-970-4355 (toll free in the United States and Canada) or signing up online.
O I want to invite you on a cruise, Sept. 13-20,¬†with¬†Newt Gingrich,¬†Chris Versace¬†and me, among others. I will be doing a¬†special one-on-one interview¬†with¬†Newt Gingrich¬†on the cruise. Come spend seven fabulous days aboard the six-star luxury liner, the Crystal Symphony. We will travel from New York to Montreal with a roster of noted historical scholars, political pundits and renowned market experts who will share their insights and perspectives on the current environment in Washington and Wall Street. For further information, including how to sign up, call 800-435-4534 or visit¬†www.PoliticsAndYourPortfolio.com. Not to be missed!¬†The deadline to sign up is April 30!