Sun, Jun 16, 2013

Edith Lank | June 16, 2013

Sat, Jun 15, 2013

John Ransom | June 15, 2013

In a second-term reprise, Russian dictator, Vladimir Putin in return lectured his pal Obama about “privacy.” The lecture comes in the wake of a number of snooping scandals including the IRS targeting of conservatives, the NSA spying scandal and the general Chicago-style thuggery practiced by the Obama mob.

Mike Shedlock | June 15, 2013

Two Questions for European Readers: Why keep any money in banks other than the absolute bare minimum needed to pay bills? How many Cyprus-like confiscations does it take to convince you that leaving money in banks is a bad idea?

Crista Huff | June 15, 2013

Gunmaker Smith & Wesson reported preliminary fourth quarter numbers, beating earnings estimates, and reflecting huge year-over-year gains.

Charles Payne | June 15, 2013

A report out this week from researchers in New Zealand says Lego mini-figures have become angrier. Moreover, there's a suggestion the change has made children angrier in the process. In the study, which covers the period from 1975 to 2010, those mini-figures all had smiling faces until 1989.

Ransom Notes Radio | June 15, 2013

And here you thought the problem with labor unions where their tendency to go on strike. . . Nope. They might just break some kneecaps first. . .

Bill Tatro | June 15, 2013

I imagine, however, that Ronald Reagan, his cohorts, and perhaps even his enemies would be absolutely stunned regarding the conditions of our current trickle-down effect.

Daniel J. Mitchell | June 15, 2013

I had some fun back in April when I noted that politicians and staff on Capitol Hill were getting very agitated about having to be part of Obamacare. Well, it seems that the way the law applies to them is so costly that many of them are thinking about calling it quits.

Fritz Pfister | June 15, 2013

The American home purchaser can be a fickle beast. Many believed rates would either fall or hold at historical lows indefinitely. These consumers had no sense of urgency to purchase. The old herd mentality then draws them to the market on news of rising interest rates.

Fri, Jun 14, 2013

John Ransom | June 14, 2013

Charge me with a hate crime. Or better yet, accuse me of not being patriotic. Or here’s an idea: call me racist, or greedy. Tie me somehow to work for the Koch Brothers, or accuse me of profiting on an offshore deal.

Mike Shedlock | June 14, 2013

Many states, especially California and Illinois, have had severe pension underfunding problems for many years. However, new actuarial pension rules will finally force states to admit the problem. Thus, it should not be surprising that talk of "technical bankruptcy" and “service insolvency” is growing.

Night Watch | June 14, 2013

North Korea has not broadcast the cancellation of the talks to its own population. That probably explains its extension of another invitation to cooperate in its domestic propaganda. The difference in this offer is a lack of mutuality.

Crista Huff | June 14, 2013

Safeway has agreed to sell its Canadian stores to Sobeys. Safeway will receive about $4 billion after taxes and expenses, which will be used to pay down $2 billion in debt, and repurchase shares. Safeway’s long-term debt ratio is high at 60%.

Charles Payne | June 14, 2013

It was another tough session for the market as buyers have decided to cool their heels and refuse to take the early rally bait. There wasn't much news but the longer the market drifts, the more time for some to realize the Dow made a 9,000 point rally and maybe it's due for a pullback of sorts.

Jerry Bowyer | June 14, 2013

All of this means that fetus-phobic countries face economic irrelevance, and when they add the additional toxin of socialism, the path to oblivion becomes even steeper and more slippery.

Roger Schlesinger | June 14, 2013

Going in a different direction with your mortgage is using mind over matter; or, even better, accepting greed and rejecting fear. It seems simple, but it could be more difficult than you think trying to accept a new way of action.

Ransom Notes Radio | June 14, 2013

The President of R Street, a conservative think tank in DC, joined the program to talk about Ronald Reagan’s environmentalism. (It is possible a few liberal heads just exploded after reading that sentence.) John also presented this week’s Powerful or Pitiful award to a very deserving candidate.

Bill Tatro | June 14, 2013

Once again, we’re all very disappointed in the fact that we can’t reestablish our “A.” Perhaps in a few years when the politicians have changed faces we’ll once again be worthy of our “A,” but for now we can only keep our fingers crossed.

Daniel J. Mitchell | June 14, 2013

Once a majority of a country’s voting-age population is riding in the wagon of government dependency, it is very difficult to build political support for reform. Now I have another story that perfectly symbolizes Greece’s dysfunctional situation.

Thu, Jun 13, 2013

Michael Schaus | June 13, 2013

President Barack Obama approved an increase in the so-called “social cost of carbon” calculation to $38 a metric ton. This number is used by government bureaucrats to weigh the cost and benefit of proposed projects, regulations and environmental laws; all without the hassle of actually understanding economics

John Ransom | June 13, 2013

Even liberals would agree that this wasn’t the Hope and Change that they believe in. And it’s a sad state when we have to rely on China and Russia to point it out.

Mike Shedlock | June 13, 2013

It's hard not to laugh at the irony of recent central bank currency actions.

Night Watch | June 13, 2013

This looks like a set up. Yesterday item four in the North's press release cited agreement that a ministry-level official would lead each delegation. The North clearly reneged on that commitment.

Crista Huff | June 13, 2013

Teva’s financial obligation in the patent infringement lawsuit will total $1.6 billion, of which $560 million may be covered by insurance.

Charles Payne | June 13, 2013

For most of the year the stock market has skipped along like a carefree child at play on a sunny day. Now dark clouds are gathering above and that idyllic backdrop of flowers, confidence, and strong corporate earnings have yielded to an ominous backdrop of tumbleweeds, anxiety and so-so corporate earnings.

Daniel J. Mitchell | June 13, 2013

By the way, what makes the story in Virginia so pathetic is that Republicans normally get seduced into tax increases because of stupidity. As the Charlie Brown parody indicates, they get tricked into believing higher revenues will be used to lower deficits.

Ransom Notes Radio | June 13, 2013

Common Core is taking on the same description as the NSA, IRS and DOJ: Creepy. Joy Pullman, with the Heartland Institute, joined the show to talk about the intrusive Federal Government overreach in our school system. Also, John points out, yes, Ransom Notes is dedicated to helping anyone reach the American dream.

Roger Schlesinger | June 13, 2013

There is only one sure way to turn this country around, heading back to the recent past when American ideas and products were valued around the world because of their quality that came from our ingenuity & hard work, as well as our values, traditions and customs.

Wed, Jun 12, 2013

Mike Shedlock | June 12, 2013

As one might suspect this rapid rise in mortgage rates will wreak havoc on mortgage refinancing. And it did. I called a couple of my industry contacts and they state refinancings have plunged by 50% or more.

Night Watch | June 12, 2013

South Korea and North Korea agreed on 10 June to hold high-level talks in Seoul on 12 and 13 June, according to an official in South Korea's Ministry of Unification. They reached agreement after 17 hours of working-level talks at Panmunjom.

Crista Huff | June 12, 2013

Dole Food Co. CEO David Murdock, who owns 40% of Dole, has offered to buy all outstanding shares for $12 per share and also take on the company’s debt obligations.

Bill Tatro | June 12, 2013

I’m thrilled that our great leader clarified what my position should be regarding the rest of our governmental leadership.

Ann-Marie Murrell | June 12, 2013

You would think a floundering state like California would do all they can to entice people like the Colbert family to stay—but unfortunately the opposite has been true.

Ransom Notes Radio | June 12, 2013

The Equal Pay Act turned Fifty years old this week. . . And Liberals are still trying to “close the pay gap.” Maybe they should look at why there is a gap in the first place. Romina Boccia from the Heritage Foundation joined the program to discuss the free market’s answer to the war between the sexes.

Daniel J. Mitchell | June 12, 2013

I’ve shared some outrageous stories about bureaucrats ripping off taxpayers. So perhaps it is time to create a Bureaucrat-of-the-Year Award to honor the parasite who best exemplifies the unofficial SEIU motto of “Better Living on the Taxpayer Teat.”

Ralph Benko | June 12, 2013

George Gilder, whose new book publishes this week, is one of the original pillars of Supply Side economics.

Carrie Schwab Pomerantz | June 12, 2013

In volatile times like these, your age is your best advantage. Investment choices depend largely on your time frame and feelings about risk.

Tue, Jun 11, 2013

John Ransom | June 11, 2013

Let’s juxtapose this new, do-nothing government, which we have been enjoying the last few months, with the all-activist, all-the-time government that we’ve gotten from the Democrats since 2006.

Dave Ramsey | June 11, 2013

This is the deal you signed up for, and she did nothing wrong. Wanting her money back now isn’t greedy or malicious on her part, and it’s definitely not worth putting a family relationship at risk.

Mike Shedlock | June 11, 2013

With the Fed forcing interest rates low, commercial and industrial lending has picked up. That may sound like a good thing, but is it? I suggest it's not. Competition is such that "covenant light" lending has returned in full force.

Crista Huff | June 11, 2013

Comcast shares reached new highs this year, then experienced a pullback. The stock seems to be completing a bullish double bottom chart pattern today.

Charles Payne | June 11, 2013

The anxiety is so thick it's got everyone looking for a near-term correction and individual good news is ignored or swept under a rug. It's true 175,000 jobs for May is a major letdown in the grand scheme of things but it allows for a Goldilocks scenario of (tepid) growth coupled with massive money-printing.

Bob Beauprez | June 11, 2013

There is no longer any shock value in catching the President saying something diametrically opposed to reality. We are all too familiar with Barack "It-was-the-video" Obama and a plethora of other exaggerations and fantasies. Occasionally, though, he goes beyond his own standards for hypocrisy.

Daniel J. Mitchell | June 11, 2013

It is reported that Henry Kissinger, commenting on the Iran-Iraq war, said something to the effect that, “Too bad both sides can’t lose.” I have the same attitude about the fiscal fight in Europe. On one side, you have “austerity” proponents of higher taxes. On the other side, you have Keynesianswho think a higher burden of government spending will produce growth

Ann-Marie Murrell | June 11, 2013

The Silent Majority wasn’t so silent anymore and the Left did not like it--and no one seemed angrier about the conservative use of the Internet than Obama and his administration.

John Browne | June 11, 2013

In short, the policies of central banks, combined with those of overbearing government, are crushing the middle class and with them the single most important bastion of democracy.

Ransom Notes Radio | June 11, 2013

With the NSA PRISM program, it is becoming increasingly clear that our privacy is deteriorating. Jim Harper, from Cato, joined the program to discuss the implications for individual liberty and market privacy.

Mon, Jun 10, 2013

Michael Schaus | June 10, 2013

Well, it has finally happened: The temperature of Hell has dropped below 32 degrees Fahrenheit, pigs have full command of the skies, and I have found a sentence uttered by Paul Krugman with which I agree.

John Ransom | June 10, 2013

When we get bogged down in the self-love of a man who adores his own reflection in the surface of a teleprompter because, more or less, he can read the same great speech over and over...well let's just say that's not an America built to last.

Mike Shedlock | June 10, 2013

I am all in favor of research, as long as taxpayers don't have to pay for it. And mandated ethanol standards come at enormous cost.

Shawn Mitchell | June 10, 2013

It’s not just their mortality in the balance, but all of ours. We were young when we discovered the song. They were young when they created and performed it.

Political Calculations | June 10, 2013

Following his re-election, the nation's President was also committed to doing the stupidest thing that a nation falling into recession can possibly do: hike the taxes of its most productive citizens.

Tad DeHaven | June 10, 2013

When it comes to congressional ethics rules, the fox is guarding the henhouse.

Daniel J. Mitchell | June 10, 2013

Look at how much faster the economy has grown since the communists were ousted in 1975 and replaced by a pro-market government.* And the poverty rate has plummeted from 50 percent to 11 percent!

Sun, Jun 09, 2013

John Ransom | June 09, 2013

It’s hilarious how liberals see it: On the one hand they have to talk down to us, because we’re too stupid to understand anything, but on the other hand, we are so clever that we managed to gather more money and power than anyone else.

Mike Shedlock | June 09, 2013

Unfortunately it's not just France that suffers from such stupidity, it is all of Europe.

Political Calculations | June 09, 2013

We've long noted the tax-avoidance motive that investors had for taking this action, as well as the factors that drove its timing, but we've never fully quantified just how much money was involved in the great dividend raid of 2012.

Michael F. Cannon | June 09, 2013

Collectively, states can shield all employers and at least 12 million taxpayers from the law’s new taxes, and still reduce federal deficits by $1.7 trillion, simply by refusing to establish Exchanges or expand Medicaid.

Tad DeHaven | June 09, 2013

Rep. Fincher’s inability or unwillingness to remove the plank in his own eye is yet another example of how Republicans are generally lousy at making the case for spending cuts.

Michael Tanner | June 09, 2013

This year, it is reported that the poverty rate is expected to be roughly 15.1 percent and climbing. Between then and now, the federal government spent roughly $12 trillion fighting poverty, and state and local governments added another $3 trillion. Yet the poverty rate never fell below 10.5 percent.

Mark Baisley | June 09, 2013

The Liberty Amendment does not attempt to provide solutions to the lost revenues for the federal government. For me, the wisdom in this approach is a forced reduction in the size of the federal government along with re-thinking revenue sources.

Marita Noon | June 09, 2013

Now, in a season of cover-ups, the Sierra Club has come clean.

Daniel J. Mitchell | June 09, 2013

I’ve generally directed my hostility to the politicians, but the latest IRS scandal is leading me to reassess my views.

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