Sat, Aug 24, 2013

John Ransom | August 24, 2013

In a way the GDP numbers epitomizes Obama’s economic philosophy: He’s managed to squeeze a whole year’s worth of economic activity into five years and counting.

Larry Kudlow | August 24, 2013

A nod his way could end the Fed-choice bloodbath.

Mike Shedlock | August 24, 2013

It should not be surprising to discover confidence in the economy has slipped along with availability of jobs given a huge rise in polled unemployment.

Night Watch | August 24, 2013

Pakistan denies that it is provoking India, but its soldiers are getting killed and Pakistan Army units are not retaliating against India, which would be the normal counter-reaction.

Crista Huff | August 24, 2013

After streamlining the company, but lacking visionary leadership, Microsoft CEO Steve Ballmer announced today that he will retire within 12 months.

Charles Payne | August 24, 2013

We're still not sure if it was a fat finger trade, a terrorist attack, poor plumbing or an attempt to stop massive selling in a household name, but the flash freeze that halted trading in NASDAQ stocks was just another wacky reason for people to not have confidence in the market.

Daniel J. Mitchell | August 24, 2013

Early this year, I took a libertarian purity test put together by Professor Bryan Caplan at George Mason University. The good news is that I got a 94. Sounds like a solid A, right? The maximum grade was 160, so it seems I’m just a big-government squish!

Jeff Crouere | August 24, 2013

It is really amazing what our federal government will tolerate from their employees. At the IRS, Lois Lerner is currently enjoying a paid leave of absence from her position as Director of Exempt Organizations. Amazingly, it gets worse.

Bill Tatro | August 24, 2013

It appears that if you can’t compete successfully, the only answer is to bend the rules, break the rules, or even change the rules.

Fritz Pfister | August 24, 2013

Friday, President Obama said Republicans are spending too much time trying to repeal Obamacare, adding "that won’t create jobs, that won’t help the middle class, and that won’t build ladders to the middle class."

Ransom Notes Radio | August 24, 2013

Brent Littlefield joined Ransom Notes Radio to discuss the prospects of a conservative or Republican victory in the next batch of elections. . . Oh, and it is Friday. . . So, yeah, Ezra Klein is still an idiot.

Fri, Aug 23, 2013

John Ransom | August 23, 2013

Whatever else Obama studied at Accidental University, it wasn’t economics.

Michael Schaus | August 23, 2013

The President is talking to students this week about the growing cost of higher education. Of course, under this President, student debt has surpassed a trillion dollars. Hooray for massive debt after graduating into one of the worst jobs markets since the great depression!

Mike Shedlock | August 23, 2013

The struggle for growth applies to nearly every country on the planet for a multitude of reasons.

Crista Huff | August 23, 2013

Sears’ shares are down 21% since the last quarterly report, when we emphatically told investors to sell. We reiterate: Shareholders who expect their Sears investments to grow are out of their minds.

Charles Payne | August 23, 2013

The Dow suffers its first six day losing streak of the year as seesaw trading gave way to a late selloff. Once again there was no sense of panic, but the absence of buyers was magnified and selling begat selling.

Ransom Notes Radio | August 23, 2013

Romina Boccia, from Heritage, joined the program to discuss Social Security's 78th birthday. Also: Elbert Guillory is now heading up a PAC for conservative African-Americans.

Lincoln Brown | August 23, 2013

A number of liberal groups and churches are pushing a national walk-out off fast-food employees to demand that the minimum wage be upped to $15 an hour. They seem not to care, however, about Illinois hiring people at $9 per hour to enroll citizens in Obamacare.

Roger Schlesinger | August 23, 2013

This Government for some reason – which, in my opinion, is none of their business – believes everyone should be equal in everything.

Fritz Pfister | August 23, 2013

Now comes indoctrination through government programs compliments of a lawless Obama administration. The Imperial president rewrites settled law without a peep from the purported caretakers of the people, the media.

Daniel J. Mitchell | August 23, 2013

As evidenced by my political cartoon contest, I’m a big fan of that form of satire.

Thu, Aug 22, 2013

John Ransom | August 22, 2013

Looming over the economy, like a menacing storm—a storm created by the great gobs of hot air that always seem to follow him-- is your Dear Leader who wants us to adopt another of his can’t-miss, sure-fire 5-Year Plans.

Michael Schaus | August 22, 2013

And thus the wheels of uncaring bureaucracy kicked into gear, by sending small businesses letters highlighting the massive amount of retroactive taxes due to state coffers for tax breaks the state offered years ago.

Mike Shedlock | August 22, 2013

The moral of the story is simple: inflation does not cure problems it only masks them temporarily, for the benefit of those with first access to money.

Night Watch | August 22, 2013

NightWatch has observed during the last 12 years that anti-terrorist initiatives have seldom targeted recruitment and indoctrination of youth in the processes of terrorism.

Crista Huff | August 22, 2013

In direct contrast to government claims that Obamacare will make health insurance more affordable to individuals and employers, UPS is planning to drop 15,000 spouses from healthcare coverage in 2014 due to increased costs.

Charles Payne | August 22, 2013

It didn't get much fanfare but there was a story about France and its plans for the "Third Industrial Revolution" that will result in a halcyon nation of zero unemployment through the next leap of machine capabilities and intelligence promises.

Daniel J. Mitchell | August 22, 2013

Economists are lousy forecasters. To be more specific, economists are no better than fortune tellers when trying to make short-run macroeconomic forecasts.

Bob Goldman | August 22, 2013

It used to be that you criticized people at work for being "holier than thou." Now, the most stinging criticism you can make about a co-worker is that they're "happier than thou."

Bill Gunderson | August 22, 2013

Do you get stock tips at the water cooler at work? Read Barron’s on the weekends? Check-up on Investor’s Business Daily? Listen to CNBC?

Bill Tatro | August 22, 2013

Since most of the houses sold in the past year have been “all-cash” transactions, combined with the fact that mortgage applications have fallen off the cliff, I have to ask if that means that the average person is no longer a buyer.

Ransom Notes Radio | August 22, 2013

Welfare or work? Increasingly it is becoming clear that work is hard, boring, and not always as rewarding as getting a check in the mail from your Uncle Sam. Michael Tanner joined the program to discuss the perverse incentives found in America’s welfare programs.

Marita Noon | August 22, 2013

The final State Department report on the Keystone XL pipeline’s environmental impact is expected in a matter of weeks. Yet, the administration continues to send mixed messages as to which direction it is leaning.

Bob Goldman | August 22, 2013

Wed, Aug 21, 2013

Michael Schaus | August 21, 2013

Yes, the organization that closed their Staten Island office because of bad weather after Tropical Storm Sandy, is now providing helpful suggestions for emergency preparedness.

Mike Shedlock | August 21, 2013

Yellen has all but guaranteed she will keep the money flowing faster than Bernanke, and coupled with the above warning from Obama about asset bubbles, the odds shift heavily towards Tweedle-Dum as Obama's choice.

Night Watch | August 21, 2013

Nearly every mainstream US press outlet referred to Egypt as sinking into chaos or experiencing spiraling violence and turmoil, to mention only three descriptions.

Crista Huff | August 21, 2013

On the heels of arrests in a derivatives scandal, and a new Chinese bribery investigation, JPMorgan Chase is now under investigation for possible manipulation of energy markets.

Charles Payne | August 21, 2013

Last week retailers spooked the market with earnings misses and extreme near-term caution, reflecting an economy of uncertainty, higher taxes, and slow to retreating incomes.

Daniel J. Mitchell | August 21, 2013

A map put together by a pro-statism organization supposedly shows that welfare benefits are not sufficiently generous to lift people out of poverty. My gut instinct was to reject the findings.

Ransom Notes Radio | August 21, 2013

If you want something to fail, or you want a problem to get worse, have this President give it his full attention. Bill Tatro joined the program to discuss the big-economic-picture in the age of Obama.

Ralph Benko | August 21, 2013

There is a little-known “emergency cord” built into the Constitution by the Founders. Find it in Article V. It allows for the States, rather than just the Congress, to propose Constitutional amendments. It is obscure yet entirely legitimate — and invaluable.

Peter Schiff | August 21, 2013

Albert Einstein, a man who knew a thing or two about celestial mechanics, supposedly once called compound interest "the most powerful force in the universe."

Tue, Aug 20, 2013

John Ransom | August 20, 2013

Foreign policy for a great American nation, he should know, is not made on the slights, animosities and centuries-old grudges that Obama seems to trade on like money.

Mike Shedlock | August 20, 2013

Here are a few charts on spending, the deficit, and GDP.

Night Watch | August 20, 2013

The numbers of killed and wounded indicate the Brotherhood has sacrificed thousands of its most dedicated activists in futile protests and attacks.

Crista Huff | August 20, 2013

JPMorgan Chase is under suspicion of hiring the children of Chinese officials in order to win banking business. The Securities and Exchange Commission’s anti-bribery unit is conducting a civil investigation into the matter.

Bob Beauprez | August 20, 2013

Article 2, Sec. 3 of the Constitution charges the President "shall take care that the Laws be faithfully executed." It doesn't say that he "should" execute the laws of the United States; it uses the imperative "shall."

Charles Payne | August 20, 2013

It was the worst week for the market this year after the first down week in more than a month, which makes this week critical as a gauge of investor sentiment.

Joy Pullman | August 20, 2013

U.S. politicians love to slap children’s faces onto their pet projects to manipulate voters, but such projects usually portend a full beating for the rising generation. Put simply, Americans have sold their kids into debt slavery, in a remarkable reversal of the American Dream.

Bill Tatro | August 20, 2013

This past weekend, my neighbor George stopped at the local Hess gas station in order to fuel-up his full-size SUV — an expensive endeavor that George ultimately complained about again and again.

Roger Schlesinger | August 20, 2013

In this crazy world we live in what is good for one person doesn't work at all for another. Have both of these people write about the best thing, and the worst thing, and you will get a glimpse of reality.

David Sterman | August 20, 2013

Despite the current good news, demographic forces threaten to push the deficit higher later this decade.

Daniel J. Mitchell | August 20, 2013

As regular readers know, one of my great challenges in life is trying to educate policy makers about the Laffer Curve, which is simply a way of illustrating that government won’t collect any revenue if tax rates are zero, but also won’t collect much revenue if tax rates are 100 percent.

Ransom Notes Radio | August 20, 2013

Dr. Ben Carson joined the program to discuss the dangers of Obamacare. Ransom also talks about Barack Obama’s sudden focus on economic matters. (Oh, and should we be worrying about another recession?)

Mon, Aug 19, 2013

John Ransom | August 19, 2013

For staggering sum of $47 trillion dollars, one would think that perhaps this administration could afford a soundtrack under their reckless spending, like the 1970’s Bionic Man had when his binary powers took over.

Michael Schaus | August 19, 2013

Apparently, under the new Common-Core standards, correct answers don’t really matter. At least that’s according to a “curriculum coordinator” in Chicago named Amanda August.

Mike Shedlock | August 19, 2013

Fascinating and remarkable do not remotely describe this technology. Unbelievable comes close, yet here we are.

Daniel J. Mitchell | August 19, 2013

Sounds like the cops must have been up against the mafia. Or a bunch of bank robbers, right? Not exactly. They raided an organic farm.

Michael Tanner | August 19, 2013

When residents in Connecticut consider getting a job, they assume they would be better off having a job than not. They’d be wrong. Because in Connecticut, it pays not to work.

Mark Baisley | August 19, 2013

Both scientists and policy makers will together wrestle with the complex question posed by Representative Hank Johnson (D-GA), “What would be the impact on the environment if Congress were to statutorily raise the sound barrier?”

Morgan Brittany | August 19, 2013

If this is their MO, “cooking the books” and manipulating the numbers at their whim, how much is the debt really?

Harvey Mackay | August 19, 2013

Sun, Aug 18, 2013

John Ransom | August 18, 2013

I’m deranged because I won't go along with global warming hysteria. And I do other things liberals find deranged: obey the constitution, exercise my First and Second Amendment rights, go to church and fire up my outdoor BBQ and fireplace with green-energy, renewable fuels, also known as wood. I love the smell of burning wood. It smells like victory.

Mike Shedlock | August 18, 2013

Auto makers are targeting the big prize, the millennial generation, and curiously even youth cars are not going to the youth. And I do not think they will.

Political Calculations | August 18, 2013

To reach President Obama's target of 1,000,000 electric automobiles sold by the end of 2015, some 882,212 more electric cars will have to be sold by December 2015.

Night Watch | August 18, 2013

In some neighborhoods, the residents have formed militias who are shooting at and otherwise harassing the Brotherhood protestors.

Daniel J. Mitchell | August 18, 2013

What makes this funny is that libertarians are sometimes quick to defend their rights, even when nobody’s trying to take them away.

Marita Noon | August 18, 2013

Despite millions already spent on modifications, fully functional coal-fueled power plants are being shut down—not because they are not needed but due to ideology.

Bob Goldman | August 18, 2013

I was convinced there was only one step to happiness -- turn off the computer, turn on the TV and start binge-watching "Duck Dynasty." Again.

Edith Lank | August 18, 2013