Sat, Apr 12, 2014

John Ransom | April 12, 2014

That liberals decided of their own accord that they would crown April Fools' Day--forever after-- as Obamacare Day, is again another irony that seems to be lost on people who believe that a variety selection of chilled cheeses is much more important than having a variety selection of competent doctors.

Larry Kudlow | April 12, 2014

Higher prices are not the way to a better economy.

Mike Shedlock | April 12, 2014

Bridgewater Associates did an analysis of pension funds recently and concluded 85% of them will fail if returns average 4%. Bridgewater notes that public pensions have just $3 trillion in assets to invest to cover future retirement payments of $10 trillion over the next many decades.

Night Watch | April 12, 2014

For Russia, a peaceful outcome means that Kiev agrees to a federalized Ukrainian state that recognizes Russian as a second national language. For the US, a peaceful outcome apparently means that Moscow agrees to refrain from interfering in Ukraine

Charles Payne | April 12, 2014

The stock market was the biggest news of the day when the closing bell rang at 4 PM, however that all changed with the resignation of Kathleen Sebelius, Secretary of Health and Human Services.

Chris Versace | April 12, 2014

Watching what you used to consider television is about to get a whole lot more interesting. By now, most us have abandoned true broadcast television and left our “rabbit ears” behind for cable service of one kind or another.

Doug Fabian | April 12, 2014

Alternative investments are those outside of the three traditional asset classes: stocks, bonds or cash. Such alternative investments also can give diversity to your portfolio, as well as provide a safe haven during a crisis similar to the one in 2008.

Daniel J. Mitchell | April 12, 2014

Total government spending consumed only about 10 percent of economic output, historical-size-of-govtmost nations were free from the plague of the income tax, and the value-added tax hadn’t even been invented.

Mark Skousen | April 12, 2014

Last year at the Milken conference, one speaker suggested that the State Capitalism model of China was superior to the Market Capitalism of the West. Niall Fergeson had a shocking response: During the past 30 years, China has boomed because it reduced government control of the economy from 80% to 20%.

Fri, Apr 11, 2014

John Ransom | April 11, 2014

This is a country noticeably lacking in dangerous men right now. And women. And blacks. And Hispanics. And the unemployed. And that lack of danger is a danger in itself.

Mike Shedlock | April 11, 2014

The Los Angeles 2020 Commission studied amongst other things the sorry state of LA's pension mess. In a case of can-kicking extraordinaire, its recommendation was to appoint another commission to further study the problem.

Night Watch | April 11, 2014

Whenever Iran engages in talks about its nuclear program, the Supreme Leader seems compelled to remind the world that the nuclear program is not negotiable.

Charles Payne | April 11, 2014

We knew the Fed would try to have its cake and eat it too, but lately there has been a louder-than-normal dissent. So, the question coming into the day is: how unifying would the message of the Fed be?

Ransom Notes Radio | April 11, 2014

Louisiana State Senator, Elbert Guillory, said that Democrats are trying to keep citizens on the Government Plantation. And, judging by the way they foster dependency on government programs, he might be right. Ransom also talked about Eric Holder’s pathetic charges of racism.

Daniel J. Mitchell | April 11, 2014

I certainly don’t disagree with the notion that our healthcare system is absurdly expensive and ridiculously inefficient. In other words, the folks on the left have accurately diagnosed a problem. However, do these flaws prove “the case for single payer”?

Erick Erickson | April 11, 2014

This week starts the anniversary celebrations of the greatest event in history. Two thousand years ago, in a rather routine and inconsequential act for that time, Roman authorities nailed a man to a cross.

John Browne | April 11, 2014

For decades many of us in the hard money world have speculated that cloak and dagger activity by large financial interests has played a large role in determining performance in the gold market.

Doug Fabian | April 11, 2014

If there is one thing that every investor should understand, it is that often the conventional wisdom on Wall Street just doesn’t play out. A prime example of this situation is the downtrend in interest rates so far in 2014.

Thu, Apr 10, 2014

John Ransom | April 10, 2014

Fortunately, Democrats have got the great constitutional lawgiver, the greatest president in the history of the Milky Way and former Accidental College two-time student of the week winner to help us overturn 238 years of history and common sense.

Michael Schaus | April 10, 2014

Chevy has sold a mere 58k Volts in more than 3 years. By comparison, 70k Ford pickups were sold just last month. The Volt almost makes Obamacare enrollments look like a rousing success. (Almost.)

Mike Shedlock | April 10, 2014

One by one the bears and the rational thinkers throw in the towel. Economist Robert Shiller is the latest to drink the Kool-Aid.

Night Watch | April 10, 2014

It probably will be difficult or impossible for Ukraine to to take back their Government building without violence. Violence and a request for aid by the activists might be "sufficient" grounds for Russia to respond with an armored intervention force.

Charles Payne | April 10, 2014

It's clear that the hype over renewable sources displacing fossil fuels is a myth, but not for lack of effort.

Judge Andrew Napolitano | April 10, 2014

Last week, National Intelligence Director Gen. James R. Clapper sent a brief letter to Sen. Ron Wyden, D-Ore., a member of the Senate Intelligence Committee, in which he admitted that agents of the National Security Agency (NSA) have been reading innocent Americans' emails and text messages and listening to digital recordings of their telephone conversations that have been stored in NSA computers, without warrants obtained pursuant to the Constitution.

Nicholas Vardy | April 10, 2014

I've just returned from a fascinating -- and sobering -- weekend in Estonia. If you're like most Americans, you may not know that Estonia is one of the three Baltic States that until 1991 were part of the Soviet Union.

Daniel J. Mitchell | April 10, 2014

President Obama and many other leftist politicians are running around the nation claiming that supposedly greedy employers are deliberately choosing to reduce their profits.

Bill Tatro | April 10, 2014

It seems so long ago that we were dealing with liar loans, Ninja loans, and a host of other subprime funding vehicles. Perhaps one of the biggest culprits was the General Motors Acceptance Corporation. GMAC was a poster child for what was wrong with the lending practices so prevalent at the time.

Peter Morici | April 10, 2014

Mary Barra, CEO of General Motors, was called before Senate and House Committees last week to explain why a faulty ignition switch, responsible for at least 13 crash deaths, was not recalled for several years in vehicles manufactured by GM.

Wed, Apr 09, 2014

Michael Schaus | April 09, 2014

Deciding that bribing women with free birth control could only take them so-far, Democrats have decided to tackle “Equal Pay”… This tactic has been adopted, most likely, because simply creating jobs has proven too difficult for a community organizer from Chicago.

John Ransom | April 09, 2014

It always pains me when I have to point out to good, faithful conservatives that they didn’t invent the Constitution even if some of them just discovered it six years ago.

Mike Shedlock | April 09, 2014

Today, another fistfight between pro-Russia separatists and loyalists broke out in parliament. On Sunday Pro-Russian protesters seized state buildings in three east Ukrainian cities. The Ukrainian government says separatists rigged a building in Luhansk with explosives, a claim the separatists deny.

Night Watch | April 09, 2014

The Donetsk activists requested Russian peacekeeping troops to protect them from the government in Kiev/Kyiv. They also declared the eastern Ukrainian city of Kharkiv an independent republic.

Charles Payne | April 09, 2014

When I see the Russell 2000 getting hammered, I often think of all the failed revolutions throughout history. Sure, there are probably more professional traders in the small-caps and highflyers, but the index and a large chunk of its participants reflect that kind of us-against-the-powerful that underlines rebellion.

Daniel J. Mitchell | April 09, 2014

One of the best ways of reducing crime is to make anti-social behavior more expensive. Simply stated, the goal is to alter the cost-benefit analysis of criminals.

Dr. Ben Carson | April 09, 2014

Imagine a situation in which there is an earthquake that destroys a suspension bridge over a deep canyon.

Ralph Benko | April 09, 2014

Puerto Rico is in the terribly awkward position of territorial status. Puerto Ricans are U.S. citizens. Yet they are not entitled to vote for president. They have a “resident commissioner” to, not a full Member of, Congress. They have no Senators.

Mark Skousen | April 09, 2014

About 50 of us currently on the FreedomFest Asian cruise heard famed financial guru Jim Rogers (“The Adventure Capitalist”) speak on his living in Singapore and your latest investment advice. He is an old friend who, as the former partner of George Soros, made millions of dollars in a joint hedge fund.

Ransom Notes Radio | April 09, 2014

Comrade Putin thinks he can push NATO around because he has the ability to disrupt the global economy. Well, he only has as much power as the US and Europe decide to allow him. There’s a reason the Cold War ended – and it wasn’t because Russia’s all that powerful…

Tue, Apr 08, 2014

John Ransom | April 08, 2014

If it weren’t for the "selfie" Obama would have no presidency at all.

Michael Schaus | April 08, 2014

Eric Holder (ya know: the guy that helped run “Operation Fast and Furious” which ran guns from the US to Mexican drug cartels) spoke before Congress on Friday about the importance of tracking the lawfully owned firearms in America.

Mike Shedlock | April 08, 2014

Further compounding president Francois Hollande's problem with the European Commission Rejection of France's Proposal for Deficit Target Leniency, the socialists are in open revolt against new Prime Minister Manuel Valls.

Night Watch | April 08, 2014

If Russia intends to extend its sphere of influence in eastern Ukraine, recent Ukrainian regime and NATO moves might require Russia to accelerate its operations and meddling.

Charles Payne | April 08, 2014

The sell-off of high-flying momentum stocks that began a few weeks ago, like the proverbial snowball that became a boulder by last Friday, is taking a massive toll on names that had been virtually unstopped.

Bill Tatro | April 08, 2014

The Justice Department has explicitly stated that arresting significant figures at financial institutions would be too disruptive to not only the institutions themselves which are the real fabric of Americana (huh?) but also to the economy which is so dependent on their decision making.

Chris Versace | April 08, 2014

The recently ended March quarter was one filled with all sorts of things, including harsh winter weather, political issues, the 2014 Winter Olympics, as well as weaker-than-expected guidance from a number of companies earlier in the quarter.

Ransom Notes Radio | April 08, 2014

Obamacare is great! (Which is why the President has been unilaterally altering it as needed.) The recovery is steaming ahead! (Which is why we need to extend unemployment benefits.) This administration has made a career out of misleading the American public… And Dr. Larry Kawa has decided to take the President to court. Literally.

Daniel J. Mitchell | April 08, 2014

My tireless (and probably annoying) campaign to promote my Golden Rule of spending restraint is bearing fruit. The good folks at the editorial page of the Wall Street Journal allowed me to explain the fiscal and economic benefits that accrue when nations limit the growth of government.

Doug Fabian | April 08, 2014

The first quarter of 2014 is history, and now it's time to do a little review of the various sector exchange-traded funds (ETFs) to show how the market performed during the past three volatile months.

Roger Schlesinger | April 08, 2014

This points to the difference between government and business and shows you why government shouldn't be in business. They should spend their time governing!

Mon, Apr 07, 2014

John Ransom | April 07, 2014

My suspicions are always heightened when someone from a benighted and enlightened Entitlement class suddenly discovers the “workingman.”

Mike Shedlock | April 07, 2014

It will be amusing to see what sleight of hand magic Hollande proposes in its next budget proposal to Brussels.

Political Calculations | April 07, 2014

This outcome strongly suggests that there are real diminishing returns to higher education in the United States.

Nick Sorrentino | April 07, 2014

Because the hedge funds believe Goolsbee offers “insight” into economic moves coming from the White House.

Daniel J. Mitchell | April 07, 2014

What’s so impressive about getting some people to sign up for plans when they can get something that’s subsidized by taxpayers or other consumers? Nothing. It's pathetic.

Michael Tanner | April 07, 2014

Perhaps all of this is one reason why so many politicians feel entitled to run our lives. They simply see themselves as following in the footsteps of their kingly progenitors, endowed with the divine right to rule.

Chris Edwards | April 07, 2014

The aims of federal policies have gyrated wildly over two centuries, and most policies have failed, as is evident from the poor economic conditions on many reservations.

Sun, Apr 06, 2014

Michael Schaus | April 06, 2014

While watching the President speak isn’t completely unlike grinding a cheese grater across one’s forehead, I prefer the written word over watching a Harvard graduate read from a teleprompter. That’s mostly because it lends itself more to editorial narration:

John Ransom | April 06, 2014

Yes… I attend all Illuminati meetings when they are held in my district. We meet in a private room in Applebees, with Ricky Bobby, Oliver Stone and occasionally the disembodied voice of JFK chairing the event.

Mike Shedlock | April 06, 2014

Is there any central bank governor anywhere that can spot speculative bubbles before they burst? Apparently not.

Political Calculations | April 06, 2014

How much has the average cost of attending college at four-year degree-granting institution in the U.S. risen since the 1969-1970 school year?

Nick Sorrentino | April 06, 2014

There is a culture of privilege which runs deep through our government. And its nothing new, though it does seem to have been taken up a notch with this administration.

Daniel J. Mitchell | April 06, 2014

If you specifically want to know the best and worst states, I’ve put together a list. But I’ve reversed the order. The state with the lowest tax burden is #1 while the state with the greediest politicians is #50.

Mark Baisley | April 06, 2014

Electing this eloquent, Harvard-educated husband, father, and United States Senator was America’s attempt at validating the racial reconciliation where she believed herself to have finally arrived. Barack Obama was, simply put, exactly the wrong person to come along at exactly the right time.

Marita Noon | April 06, 2014

If it were technologically possible to build a cost-effective truck or SUV that had the size and safety Americans want and that got 50 mpg, that manufacturer would have the car-buying public beating a path to its door.

Michael Tanner | April 06, 2014

Another Bush v. another Clinton? Maybe we should just pin on white or red roses and join the Yorkists or the Lancastrians.