Night Watch | September 28, 2013

The progression from rioting over economic grievances to political challenges follows the pattern of all the states that experienced the so-called Arab spring. Riots almost always follow the lifting of subsidies.

Andy Obermueller | September 28, 2013

A monumental shift is about to take place... and it could mean big profits for smart investors. It all has to do with a little-known treaty signed decades ago. And while Barack Obama's White House wants to renew this treaty, Vladimir Putin and his cronies have stated that it's not going to happen.

Daniel J. Mitchell | September 28, 2013

This little girl is rather blunt about our political masters.

Bill Tatro | September 28, 2013

The Federal Reserve, by maintaining a zero interest-rate policy (ZIRP), continues to encourage us to go deeper into debt by going to the malls in order to buy, buy, buy.

John Ransom | September 28, 2013

We have perhaps given Obama and his Democrat allies too much credit. Perhaps the exercise in playacting and number smirching isn’t acting or accounting to fool the rest of us. But rather to fool themselves in the same way Miley Cyrus fools herself.

Mike Shedlock | September 28, 2013

Republicans had a wonderful chance right before the last presidential election to hold Obama to his pledge to make "tough choices". Instead, they wasted the opportunity with absurd bluffs on shutting down the government.

Jeff Crouere | September 28, 2013

While the dinosaurs in the media and the U.S. Senate raised objections to his noble crusade, the American people rejoiced that someone was finally standing up for them.

Crista Huff | September 28, 2013

We began recommending Nike stock on Ransom Notes Radio on March 11, when the price closed at $54.53. It’s up 35% since then.

Fri, Sep 27, 2013

Larry Kudlow | September 27, 2013

Stopping this will be hard. But Senator Joe Manchin, Democrat from West Virginia, has given conservatives a ray of hope.

Michael Schaus | September 27, 2013

The rule by the EPA will effectively make it impossible to construct – and in some cases even maintain – coal fired power plants; with virtually no promised benefit to the environment, or the economy. . . And that's just according to the EPA analysis of the proposed rule.

Lincoln Brown | September 27, 2013

The Northern California Youth Football League' “Mercy Rule”: Simply put, the rule dictates that if a team wins by 35 points or more, that team is fined 200 dollars and the coach gets a one-week suspension.

John Ransom | September 27, 2013

Trader Joe’s joins IBM, UPS, and the City of Chicago as the most high profile institutions that have shifted the cost of employee benefits to Uncle Same Ole, Same Ole.

Bill Gunderson | September 27, 2013

When I extrapolate these numbers, apply an appropriate multiple, and carry them out over the next five years, I get a valuation of $170 on the stock.

Roger Schlesinger | September 27, 2013

Tax returns and credit scores really haven't any bearing on the transaction. They always look good for employees whether they are at the top of the organization or somewhere near the bottom.

Fritz Pfister | September 27, 2013

The Case Schiller home price report came out this past week and was up over 12% again but this is not the good news as it appears.

Jerry Bowyer | September 27, 2013

Davos Man (it’s almost always man except for a few token women) has gone to a highly prestigious university, is extremely influential, and is extremely powerful. They do not think of themselves as part of the human race; they are above the human race. C.S. Lewis writes about them in The Abolition of Man.

Bill Tatro | September 27, 2013

As an economist and an historian, I seem to remember another notable time period when companies were booking deliveries as actual sales in order to inflate their profits and stock prices.

Crista Huff | September 27, 2013

The stock broke through long-term upside resistance around $105 in July, but no one has missed the opportunity to own Air Products shares before their next run-up.

Mike Shedlock | September 27, 2013

Economic idiots blanket the California and Illinois state legislatures and the results are easy to spot. Illinois and California are two of the most economically distressed states, with the worst improvements in the unemployment rate during the recovery.

Daniel J. Mitchell | September 27, 2013

I was surprised when I found out that Gene Simmons, the lead singer for Kiss, stated that, “Capitalism is the best thing that ever happened to human beings. The welfare state sounds wonderful but it doesn’t work.”

Thu, Sep 26, 2013

Harvey Mackay | September 26, 2013

John Ransom | September 26, 2013

Sens. Mitch McConnell and John McCain and the rest of the McClique up in DC have arranged a compromise. They were given a choice: Dishonor or dishonor.

Night Watch | September 26, 2013

It is typical of the Persians who consider themselves the superiors of any Westerners or Arabs by dint of longevity and history.

Mike Shedlock | September 26, 2013

How many times can Republicans cry "wolf" on a government shutdown and have the call be believed? Of course mainstream media, especially the Washington Post is ready to go along with the hype, effectively creating a story where there is none.

Crista Huff | September 26, 2013

The stock is up 34% year-to-date.The chart is bullish, but with a PE twice as high as projected earnings growth rates, we encourage investors to be cautious and use stop-loss orders.

Roger Schlesinger | September 26, 2013

I am not the smartest man in the world but I guarantee you that I could go through the entire federal budget in a matter of months and create an annual budget with a surplus.

Political Calculations | September 26, 2013

How much would the U.S. federal government need spend per household to even come close to balancing the annual U.S. federal budget?

Bob Goldman | September 26, 2013

Let's be honest here, Haden is not describing you. When you walk into a room, it not only doesn't light up. It feels like the entire North American power grid has gone down.

Daniel J. Mitchell | September 26, 2013

I viscerally object to the notion that good people should pay bad people not to do bad things.

Gayle Trotter | September 26, 2013

While Gitmo houses 164 inmates who are eager to harm Americans, a group of left-leaning lawyers (colloquially dubbed the “terrorist bar”) is working earnestly on behalf of the Gitmo detainees. These groups include representatives of the American Bar Association, the American Civil Liberties Union, Amnesty International, Human Rights Watch and Human Rights First.

Wed, Sep 25, 2013

Ransom Notes Radio | September 25, 2013

Elizabeth Imus Zero joined us to talk about her best selling comedy-autobiography, Etiquette for Idiots. Zero's no idiot however. She's funny.

Bob Rosner | September 25, 2013

John Ransom | September 25, 2013

Now, perhaps this is just crazy talk, but I wonder if the Clinton Global Cartel has ever explored the idea of tax increases to stop all these people from moving out of poverty.

Mike Shedlock | September 25, 2013

Income growth since 1968 is nearly all inflation. Closer scrutiny shows "real" income growth has been negative since the year 2000.

Political Calculations | September 25, 2013

Even with Trader Joe's promised extra check for $500, she would still find herself at least $240.48 in the hole compared to today, unless she accepts lesser health insurance coverage that requires her to pay a much larger percentage of her health care costs

Night Watch | September 25, 2013

The penalties for membership and agitation will be determined in subsequent court rulings. This ruling is explicit that criminal proceedings will follow.

Ralph Benko | September 25, 2013

The Centennial Monetary Commission calls for a bipartisan, bicameral, commission. It contemplates an empirical assessment of the outcomes of various monetary policies engaged by the Federal Reserve System. It is not an exercise in Fed bashing. It is an exercise in objective empiricism.

Bill Gunderson | September 25, 2013

Pandora is currently trading at about 98 times forward earnings with a 40% growth rate expected over the next five years. It has a PEG ratio of 2.44. This is a very rich PEG ratio.

Hal Scherz | September 25, 2013

When the government rationing of care commences as most critics of Obamacare expect to see, (as we already see in countries with socialized healthcare like Great Britain and Canada), expect that those with political connections will move to the top of the list.

Daniel J. Mitchell | September 25, 2013

You may be thinking, “so what, they have their bad laws and we have our good laws.” But it seems at least some Brits want to disarm not just their own citizens, but Americans as well.

Michael Schaus | September 25, 2013

With over $100 trillion in future unfunded liabilities, only a public servant that is comically divorced from reality would suggest that “there are no more cuts to make.” Especially when the nation prepares for the implementation of, yet another, multi-trillion-dollar government dependency program – Obamacare.

Crista Huff | September 25, 2013

We would sell immediately and not bank on a $9 buyout.Short interest is high at about 35%. Shareholders should not mistake a brief upswing from short covering as a sign that the market likes this stock.

Ransom Notes Radio | September 25, 2013

Have you ever thought up alternate history like instead of the Titanic sinking that the iceberg surrendered to the "unsinkable" Titanic without a fight?

Tue, Sep 24, 2013

John Ransom | September 24, 2013

As the Fed has pointed out, the labor market isn’t as robust as the underlying numbers would suggest. And the labor market is being adversely affected by Obamacare.

Daniel J. Mitchell | September 24, 2013

So while England’s big-government approach puts people on waiting lines and causes needless deaths, America’s big-government approach causes third-party payer which cripples the free market and leads to high prices and inefficiency.

Political Calculations | September 24, 2013

Individual stock prices, like Apple's, are really volatile over time, as there is often a lot of speculation (or noise) affecting them in addition to the more fundamental driver of their dividends.

Mike Shedlock | September 24, 2013

Heaven forbid that any baby steps towards normalization reduce "excess liquidity" causing interest rates to rise, either in the US or Eurozone.

Mark Calabria | September 24, 2013

Sadly, most of what's past for financial reform has been useless or outright harmful. The hours put into financial reform should not be our measure of success, but rather the effectiveness of those reforms and their actual relationship to the causes of the financial crisis.

Chris Edwards | September 24, 2013

The following two charts show that spending and debt are already at remarkably high levels for peacetime, and CBO projections to 2050 show the situation getting much worse.

Bill Tatro | September 24, 2013

Despite the removal of millions of people from the labor participation pool by the BLS, the targeted unemployment rate could take much longer to achieve than the Fed first realized.

Crista Huff | September 24, 2013

One of the most respected hacking groups in the world has apparently successfully hacked Apple’s Touch ID fingerprint scanner, causing embarrassment to Apple.

Mon, Sep 23, 2013

Harvey Mackay | September 23, 2013

John Ransom | September 23, 2013

Civil disobedience today isn’t just a right given to us by our Creator, but a duty for those who wish to re-establish a government of laws, not men.

Morgan Brittany | September 23, 2013

There has been a shift within the last few months within the GOP as well as the Democrat parties. Both know that the American people do not like Obamacare. Every day they see what is coming at them, and they are voicing their concerns to Congress.

Mike Shedlock | September 23, 2013

"What would a future without fractional-reserve banking look like?"

Daniel J. Mitchell | September 23, 2013

Recipients are being charged for a hamburger, they’re getting a hamburger, but taxpayers (the ones who make up the funding gap) are being charged for a steak.

Political Calculations | September 23, 2013

Anticipating the upward market move that would accompany such a policy adjustment, could select investors have been buying up stocks at comparatively low prices in advance of the announcement, driving up stock prices in such a way that they were really communicating that the Fed would keep the status quo with its QE program?

Tad DeHaven | September 23, 2013

I would like to believe that, having been badly burned in recent years, the Gallup poll reflects a growing recognition by the public that there is no Wizard of Oz residing in Washington.

Michael Tanner | September 23, 2013

Capitalism threatened the old social order. And it still does so today. Race, religion, gender, and sexual orientation are irrelevant, enabling individuals to rise above social attitudes and historical discrimination.

Sun, Sep 22, 2013

John Ransom | September 22, 2013

Does anyone find a state-sponsored cartoon with the lyrics "Long Live Oregonians" ironic as assisted suicide in Oregon hit an all-time high in 2012? The scary thing is that this could get even get MORE Orwellian. Thanks Obamacare.

Marita Noon | September 22, 2013

In the war on coal, the war on energy, the war on jobs, the war on the economy—there’ve been no pin-pricks. It is a full on assault.

Night Watch | September 22, 2013

The Islamist militant groups have been trying to establish control of the border towns for a year, but today they finally had some success, at least for a while.

Mike Shedlock | September 22, 2013

The highest costs are over $60,000 per year. And that is just tuition and books, not just room and board.

Political Calculations | September 22, 2013

If the checking we've done with other sources is any indication, our tool turns out to be surprisingly accurate. And although it's not designed to do this particular math, we've validated the "loss-of-subsidy" effect on the out-of-pocket cost of health insurance for making one penny more than ObamaCare's subsidy eligibility level that CNBC described.

Daniel J. Mitchell | September 22, 2013

Politicians will then direct doctors and others to collect information that the government shouldn’t possess.

Heidi Harris | September 22, 2013

What would the IBAP say about the money I spend on Rimadyl, or the GALLONS of Nature’s Miracle I clean my carpet with, or special food I give her? She’s 100 years old, in dog years. She’s lived a good life, and I have other dogs, so why bother?

Ransom Notes Radio | September 22, 2013

Harry Reid was the 'Ezra Klein is an Idiot' award winner this week when he regaled the Senate with a fascinating story (yawn) about how he likes to relax by grocery shopping. He even knows what $4.00 or $4.50 will buy at the Ritz Carlton gift shop!

Edith Lank | September 22, 2013