Sat, Jan 25, 2014

John Ransom | January 25, 2014

It's hard to find-- but not impossible-- a statement more at odds with reality than Obama's declaration of death for Al Qaeda and Islamic extremists in his State of the Union speech from 2011. But I found one.

Mike Shedlock | January 25, 2014

Every economic bubble in history started with reckless expansion of money supply and credit, reckless manipulation of interest rates, or government promotions of "low-risk" something for nothing schemes.

Night Watch | January 25, 2014

North Korea's open letter to the South lists the same tired and failed old projects of the past without offering a single innovative or constructive idea.The North's leaders are replaying the old Kim tapes of the past. They need a new line.

Charles Payne | January 25, 2014

It was a tough session, but not one that came as a total surprise. After the calendar changed to 2014, it has felt like everyone has been marking time waiting for something disappointing to happen.

Jeff Crouere | January 25, 2014

It is becoming laughable to hear the Obama administration talk about a so-called “recovery.” Supposedly, this “recovery” started in June of 2009; however, in reality our economy is on life support and the latest jobs figures just confirm this horrible news.

Ransom Notes Radio | January 25, 2014

Ezra Klein is leaving the Washington Post – but that doesn’t mean he’s any less of an idiot. Also, Alyene Senger, with the Heritage Foundation, joined the program to discuss what Obamacare policies will kick in in 2014.

Daniel J. Mitchell | January 25, 2014

When I posted a video about “libertarian porn” back in 2010, readers presumably were either relieved or disappointed that there was no nudity. I may get the same reaction today, because we’re going to have a discussion – Don't worry, it's G-rated – about what our British friends are referring to as “poverty porn.”

Fri, Jan 24, 2014

Harvey Mackay | January 24, 2014

John Ransom | January 24, 2014

So, stop me if you heard this one….Two lesbians put up an ad on Craigslist looking for a sperm donor.

Mike Shedlock | January 24, 2014

All five states at the bottom of the list have one thing in common: they got that way via "progressive" extreme-liberal politics, fueled by union activism, and promises that cannot possibly be met.

Night Watch | January 24, 2014

Iranian Foreign Minister Mohammad Javad Zarif insisted Wednesday that the Obama administration has mischaracterized concessions supposedly made by Iran. He said, simply and clearly, "we did not agree to dismantle anything."

Jerry Bowyer | January 24, 2014

Edmund, Ned, Phelps certainly did not need to write Mass Flourishing: How Grassroots Innovation Created Jobs, Challenge, and Change to make a name for himself. His work on labor market economics was both solid and itself innovative enough to earn him the Nobel Prize in Economics in 2006. But Phelps is concerned about his country.

Charles Payne | January 24, 2014

People find lots of reasons to hate things, but shorting a stock that represents a place you spend your money is ludicrous, and is not unusual these days.

Daniel J. Mitchell | January 24, 2014

The President’s main “accomplishment” has been such a disaster that I wonder whether it’s time to feel sorry for Obama. And if you looked in the dictionary for a definition of Schadenfreude, you might find a picture of me reading a story exposing more evidence that Obamacare isn’t working.

Ransom Notes Radio | January 24, 2014

Now there is word leaking out that the Obama Administration threatened S&P ahead of America’s credit downgrade. Given the other examples of Obama wielding the power of government to punish his political opponents, is this really surprising?

Nick Sorrentino | January 24, 2014

Is anyone, anyone, surprised by this? I can remember the moment I heard that S&P had taken US debt from AAA to AA+. I had 2 thoughts. The first was, “Wow.” The second was, “Wow, the Obama administration isn’t going to like this.”

Thu, Jan 23, 2014

Mike Shedlock | January 23, 2014

Obamacare does not mandate healthcare coverage for part-time employees (defined as those working less than 30 hours a week). As a direct result, numerous retail stores including Trader Joe’s and Home Depot have already stopped offering healthcare plans to part-time workers.

Night Watch | January 23, 2014

Prime Minister Netanyahu warned today that if Arab rocket attacks did not stop, a very hard Israeli response would come very soon. Netanyahu made the remarks during a visit by Canadian Prime Minister Stephen Harper.

Charles Payne | January 23, 2014

In his annual letter, Bill Gates opens with a statement that I've been saying for a few years. In fact, my investment thesis begins with global peace and prosperity. It's amazing how many people snicker at this notion without ever taking a second to consider its authenticity or merits.

Ransom Notes Radio | January 23, 2014

Will you be watching the State of the Union? Really, what’s the point? Conn Carroll, managing editor for Townhall Magazine, joined John in a discussion about income inequality, poverty, and the left’s failed attempts to tackle societal issues.

Daniel J. Mitchell | January 23, 2014

What’s the best state in America? I’m not sure I can answer that broad question, but I can address the more narrow issue of which state has the most economic freedom.

Bill Tatro | January 23, 2014

A few years ago, I walked into a local Borders bookstore as it had just been announced that the former retail behemoth was closing their doors for good. Consequently, I couldn’t help but think the retail (bricks and mortar) shopping experience was coming to an end.

Nick Sorrentino | January 23, 2014

When people talk about being “rich” what most folks mean in my experience is the ability to live free from the day to day pressure of bills and credit ratings and college tuition lurking in the future, or in one’s past. Being rich for most people means being independent.

John Ransom | January 23, 2014

Geithner joins a distinguished group of Obama scofflaws including the IRS, NSA, Eric Holderbeast, the Department of Energy, Lois Lerner, the Department of Justice, the National Park Service, Hillary Clinton, Debo Adegbile, Nancy Pelosi, Harry Reid, Sneezy, Doc and Hopey

Wed, Jan 22, 2014

John Ransom | January 22, 2014

"It’s time to apply the same rules from top to bottom: no bailouts, no handouts, and no cop-outs. An America built to last insists on responsibility from everybody. Except for me." - Paraphrase from president Obama’s 2012 State of the Onion

Michael Schaus | January 22, 2014

According to the New York Post, the city’s wealthiest neighborhoods are being deliberately left out in the cold by New York’s Class-Warrior Mayor. Wealthy New Yorkers are being left to contend with nearly a foot of global warming (or...err..."snow"), without any aid from city workers. (Take that you capitalist pigs!)

Mike Shedlock | January 22, 2014

When Abenomics doesn't work, what is prime minister Abe likely to do? I believe the answer is what all Keynesian fools do: embark on still more printing and competitive currency debasement, coupled with still more fiscal stimulus, in a further foolish attempt to make such policies work.

Night Watch | January 22, 2014

On the first day the agreement becomes effective, Iran has done what it has agreed to do. None of this means Iran has taken steps to dismantle its nuclear program. On the contrary, it means the West has accepted that Iran has significant nuclear capabilities, and must pay handsomely for minor interruptions.

Charles Payne | January 22, 2014

It's rare that I think anything in Time magazine is intriguing, or even true, but it's become so paper-thin that I still thumb through it. After all, there are powerful people who continue to hold it in high esteem. But a headline I saw on Monday was compelling.

Daniel J. Mitchell | January 22, 2014

A bunch of well-connected rich people and government officials are descending upon Switzerland for the annual World Economic Forum meeting in Davos. This upsets many people, and perhaps with some justification. After all, bad things often happen when big business and big government intersect.

Nick Sorrentino | January 22, 2014

Although I am a PC guy, I have the greatest respect for Apple and Steve Jobs. Consider this: Apple became the largest company in the world (by valuation) without gaming the political system.

Ransom Notes Radio | January 22, 2014

Is Barack Obama starting to look defeated? Between the scandals, the gridlock, and the failures of Obamacare, Obama might finally be showing some signs of defeat. Also, Neil Grossman discussed the impending doom of Social Security, Medicaid, and Medicare.

Tue, Jan 21, 2014

Michael Schaus | January 21, 2014

Apparently it’s a rule that, as a lawmaker, you have to tackle societal concepts with which you are stunningly unfamiliar. State Senator Kevin De Leon, (Democrat from the Socialist Republic of California’s crime ridden city of Los Angeles) recently put his amazingly acute idiocy on full display while talking about gun control.

Dave Ramsey | January 21, 2014

Both state and federal taxes come with ridiculous penalties and interest rates, and the authorities at either level have virtually unlimited power at their disposal to screw with your life if something bad happens.

Mike Shedlock | January 21, 2014

Highland Park, Michigan is on the brink of bankruptcy. There is no other realistic way out of the fiscal mess the city is in. As is typically the case, public union pensions are at the heart of the problem.

Charles Payne | January 21, 2014

What are the warning signs that a stock might get hammered on earnings? Last week there were many stocks that got hammered for missing earnings.

Ralph Benko | January 21, 2014

The New American Oxford Dictionary defines totalitarian as: "of or relating to a system of government that is centralized and dictatorial and requires complete subservience to the state : a totalitarian regime." Might this be the progressives’ precision-guided purpose?

Nick Sorrentino | January 21, 2014

Boyd Marcus is a good old boy. He was a Republican good old boy until he switched sides last year and endorsed Terry McAuliffe the Bill Clinton confidant, former head of the DNC, and accomplished crony capitalist.

Ransom Notes Radio | January 21, 2014

Are we any closer to achieving Martin Luther King Jr.’s dream after Obama’s tenure in the White House? If we judge by race relations, black unemployment, and Obama’s consistent charges of racism, I’d have to say “no.” Also, Brent Littlefield from Littlefield consulting joined the show to talk about the GOP’s chances in 2014.

Daniel J. Mitchell | January 21, 2014

If you’re a libertarian, you generally don’t act and think like other people. Most folks, when they heard about Governor Christie’s bridge-closing scandal, focused on the potential political ramifications.But not me.

Terry Savage | January 21, 2014

Mon, Jan 20, 2014

Daniel J. Mitchell | January 20, 2014

If you use data from the Minneapolis Federal Reserve to compare the current business cycle to previous downturns and upturns in the U.S. economy, then the outlook is very grim. Simply stated, the American economy is enduring the worst performance for labor markets since the Great Depression. Still.

John Ransom | January 20, 2014

One would suppose that properly-thinking, modern progressives-- who worship all things science and have no time for mumbo jumbo about faith and religion- would have data to support that their policies will cool the earth, solve world hunger, improve education, or at least pay female White House staffers commensurate with men.

Michael Schaus | January 20, 2014

Christiana Figueres has suggested that only communism is capable of successfully fighting global warming and “climate change”. Of course it’s a strange statement, given the Soviet Union’s abysmal record on environmental issues, and red China’s horrific display of environmental abuse.

Mike Shedlock | January 20, 2014

In terms of long-term solvency (the most critical issue), New Jersey and Illinois are at the bottom of the heap. Pension plans and union activism are to blame.

Political Calculations | January 20, 2014

Since Americans between the ages of 20 and 24 account for 9.6% of all Americans with jobs, their 439,000 increase from January through December 2013 makes them the biggest winners for jobs during the year.

Mark Baisley | January 20, 2014

Charity, education, health care, and even the separation between church and state lay as casualties along the path of secular accommodation.

Morgan Brittany | January 20, 2014

The government witnesses pooh-poohed all of the expert testimony stating that the website was 100% secure.

Sun, Jan 19, 2014

John Ransom | January 19, 2014

As I have said before, Nixon was a troubled man who did many, many wrong things, perhaps even criminal things. We don’t know exactly because there will never be a trial. But what’s your excuse for Obama? There is none.

Mike Shedlock | January 19, 2014

Greece could have defaulted in 2009 with perhaps a €40-50 billion mess to cleanup. In a foolish attempt to prevent contagion, the nannycrats turned a relatively small mess into major €325 billion problem, virtually assuring the contagion they set out to prevent.

Political Calculations | January 19, 2014

Suppose politicians were free to spend money in ever increasing amounts, and that the only rule they had to follow is that each additional expenditure they make would have to be exactly one dollar more than their previous highest expenditure.

Bob Beauprez | January 19, 2014

These people couldn't run a lemonade stand. They sure shouldn't be running our health care system.

Edith Lank | January 19, 2014

Nick Sorrentino | January 19, 2014

No one in government wants their power diminished. No matter what agency it is they never want to get smaller.

Ransom Notes Radio | January 19, 2014

Nothing about the budget deal looks as if it is going to be a benefit… But at least there will be some certainty in DC as we move into 2014. The real question is whether or not anything will change between now and election time. Charles Payne, from Fox News, weighed in on budgets, the market, and 2014.

Daniel J. Mitchell | January 19, 2014

In the battle for jobs and investments, nations can change policy to impact their attractiveness, but they also can gain ground or lose ground because of what happens in other nations.

Marita Noon | January 19, 2014

If President Obama truly wanted to “create jobs and opportunities for the middle class,” he could tell the U.S. Forest Service (USFS) to work with—instead of against—people and companies who are ready to risk their capital in the development of our natural resources and create jobs.

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