Sat, Jun 14, 2014

Mike Shedlock | June 14, 2014

In reality, much of those "cash" down payments are borrowed in various ways in China's shadow banking system, now estimated at $7 trillion.

Charles Payne | June 14, 2014

Perhaps I have seen too many movies where organized crime syndicates grow in sophistication, and eventually into rival sovereign governments. In the movies, the only thing they are missing is a nuclear warhead or a way to deliver a nuclear warhead. Or they have such a weapon, and demand a ransom.

John Ransom | June 14, 2014

For those who think that Bush is responsible for this in Iraq: Think again. In fact, guys like Carney make the Bush administration look farsighted.

Mark Skousen | June 14, 2014

The European Central Bank, under Italian banker Mario Draghi, cut its bank deposit rate below zero in an effort to “avert the dangerous threat of deflation” and to spur the “sluggish” euro-zone economy.

Chris Versace | June 14, 2014

We are barreling toward the end of the June quarter, and that means we are nearing the halfway point for the calendar year. I know it’s hard to believe...

Night Watch | June 14, 2014

The Supreme National Security Council evidently has decided that Iran cannot let ISIL take Baghdad and rout the al-Maliki government. Rouhani's language is unconditional. Expect Iranian intervention, as needed.

Daniel J. Mitchell | June 14, 2014

Imagine how weird it would be if the Cato Institute and Americans for Tax Reform praised Barack Obama for fiscal responsibility. And think how inconceivable it would be for the Heritage Foundation and the National Taxpayers Union to applaud Tim “Turbotax” Geithner for economic stewardship.

Peter Schiff | June 14, 2014

Thus far 2014 has been a fertile year for really stupid economic ideas. But of all the half-baked doozies that have come down the pike, an idea hatched last week by? CNBC's reliably ridiculous Steve Liesman may in fact take the cake.

Peter Morici | June 14, 2014

Certainly, young people should take responsibility for their lives, but parents, educators and politicians all share some blame for their troubles.

Bill Tatro | June 14, 2014

After 2008 everyone was sure that the powers to be had learned their lesson. There would be tighter underwriting standards. The crazy leverage of the past would be just that, a thing of the past. The one aspect, however, that was not addressed was interest rates.

Ransom Notes Radio | June 14, 2014

The Obama Administration has a lot of support for its foreign policy in the Middle East… Among dictators, terrorists and Jihadists. Say what you want about George Bush – but it’s pretty tough to argue that we’re in a better place diplomatically after 1 ½ terms of Obama.

Fri, Jun 13, 2014

Michael Schaus | June 13, 2014

Can you imagine if this group was in charge after WWII? “Well, Germany,” they’d say while blaming the bad economy on FDR, “It’s been fun. Glad you’re all straightened out. Now good luck with Russia.”

Mike Shedlock | June 13, 2014

Wall Street enjoyed having Cantor in office, almost too much. But what about the average Joe?

Charles Payne | June 13, 2014

Before this week's shocking election results from Virginia, the biggest news between the corridors of Washington and Wall Street was a plan for the senate to consider giving corporations a one-time reduction on taxes paid for profits earned abroad.

John Ransom | June 13, 2014

And if you think it’s bad now, just wait. The Bush administration will look like masters of clarity as Iraq descends into chaos.

Doug Fabian | June 13, 2014

I don’t know about you, but I always have at least a little fear in my head whenever I put my money to work in the financial markets. Now, I don’t let this healthy sense of skepticism about the positive direction in stocks rule my world; however, it is just plain smart to be on the lookout for the “fear factor” operating in stocks.

Night Watch | June 13, 2014

Iran has major decisions to make about how to preserve the only other Shiite-led nation. ISIL has made de facto allies of the US and Iran in trying to preserve the al-Maliki government in Iraq.

Daniel J. Mitchell | June 13, 2014

As part of my “great moments” in government series, I periodically share stories about really foolish regulations and really wasteful spending. And sometimes I’ll even have a story that combines dumb regulation and boondoggle spending.

Ralph Benko | June 13, 2014

Fox News Channel host Greta Van Susteren rightly calls Steve Forbes and Elizabeth Ames’s new book, Money, “A gripping read….”

Ransom Notes Radio | June 13, 2014

Pretty much all of the Middle East, as well as most of Northern Africa, is in some state of chaos… For being a Nobel Laureate, President Obama hasn’t exactly done a great job of bringing peace to the world. Also, Bill Tatro joined the program to shed some light on America’s current economic conditions.

Thu, Jun 12, 2014

Erick Erickson | June 12, 2014

On Sept. 20, 2005, Lt. Gen. Russel L. Honoré, answered reporters' questions during the aftermath of Hurricane Katrina. Honoré focused on steps being taken to prevent future storms.

Bob Goldman | June 12, 2014

Are you spending time trying to engage your feckless co-workers and clueless bosses in conversation? If you want to get ahead in what we laughingly refer to as "your career," the person you really want to talk to is y-o-u.

Michael Schaus | June 12, 2014

Like a political hack blundering through a stump speech – rather than the President of the United States addressing a graduation ceremony – he accused the GOP of being un-American, and keeping kids out of college.

Mike Shedlock | June 12, 2014

A couple of recent reports will help put the bifurcated US home "recovery" in perspective.

John Ransom | June 12, 2014

Mainstream media is using's latest position paper as more thin scientific evidence-- and I use the term sarcastically-- that global warming is already causing great harm to the United States. The rest of us, they believe, are just too stupid to know it without a website.

Nicholas Vardy | June 12, 2014

For all the handwringing about why you should “sell in May and go away,” both U.S. global stock markets have had a very strong last six weeks.

Night Watch | June 12, 2014

Today, an interior ministry official said, "The city of Mosul is outside the control of the state and at the mercy of the militants."

Daniel J. Mitchell | June 12, 2014

When the new Tory-led government came to power in the United Kingdom, I was rather unimpressed. David Cameron positioned himself as a British version of George W. Bush, full of “compassionate conservative” ideas to expand the burden of government.

Ralph Benko | June 12, 2014

Last week, much of the living inner circle of Rep. Jack Kemp’s brain trust convened, on Capitol Hill, to observe the 30th anniversary of Kemp’s introduction of the Gold Standard Act of 1984.

Ransom Notes Radio | June 12, 2014

Did Cantor really lose the primary because of immigration? Or could it maybe have been that the Republican base was feed up with the idea that a bunch of elites in DC should run everything? The best part of Cantor being out, is that there is now a little more separation between DC and Wall Street.

Bill Tatro | June 12, 2014

Of course he lost! They should all lose! It was never intended to be a lifetime job!

John Browne | June 12, 2014

The French economist Thomas Piketty has achieved worldwide fame by promoting a thesis that capitalism is the cause of growing economic inequality. Unfortunately, he is partially right.

Judge Andrew Napolitano | June 12, 2014

The president is an ardent progressive. This dastardly philosophy of government was brought into the American mainstream 100 years ago by a Republican, Theodore Roosevelt, and a Democrat, Woodrow Wilson.

Wed, Jun 11, 2014

Larry Kudlow | June 11, 2014

Listening to David Brat on election night, following his upset win over Eric Cantor in Virginia's seventh congressional district, I heard a principled, free-market, pro-growth individual who is going to make an excellent Republican House member.

Dave Ramsey | June 11, 2014

Timeshares are a horrid, inconvenient product. My sentiment would be, “I’m out of here!”

Mike Shedlock | June 11, 2014

Those searching for absurdity in government bonds can find it in a multitude of places.

Charles Payne | June 11, 2014

I think the current welfare programs in America, not only enable people to not work, but encourages them not to work as well. On the other hand, when it comes to the homeless, even though many are in that position by choice, feeding the hungry is never the wrong thing to do.

Night Watch | June 11, 2014

This was a sensational and bold attack. For the purposes of unnerving a nation, the attack was a strategic success for the Pakistani Taliban.

Daniel J. Mitchell | June 11, 2014

When countries deal with the underlying disease of too much spending, they automatically solve the symptom of red ink, so it’s a win-win situation whether you’re a spending hawk or a so-called deficit hawk.

Bill Tatro | June 11, 2014

Does anyone really believe that success doesn’t come with a price, whether it is in sports, entertainment, construction, finance or even medicine?

Ransom Notes Radio | June 11, 2014

It turns out that the Bowe Bergdahl issue is worse than you might think. Security expert Ron Fino joined the program to talk about the behind-the-scenes chaos Obama’s prisoner swap is causing.

Tue, Jun 10, 2014

Michael Schaus | June 10, 2014

Now – and I’m just thinking outside of the box on this one – couldn’t we just ask students to borrow responsibly? Or, in a world where 26 year olds are still listed as children on their parents’ health insurance, is that asking way too much?

Mike Shedlock | June 10, 2014

For two consecutive quarters, state income tax revenues have disappointed. And in the first quarter of 2014, state income tax revenue actually declined.

Charles Payne | June 10, 2014

One says that the slow and steady wins the race, but on Main Street, it depresses the have-nots and confounds those who are stuck in jobs with no upside.

John Ransom | June 10, 2014

I don’t know that Obama hates white people, like some have claimed. But I certainly know this much: the man hates someone, a lot.

Night Watch | June 10, 2014

The three incidents showcase the diversity, dispersal and gravity of the threats to Pakistan's internal security. The attack at Karachi demonstrates the reach of one or more Pakistani Taliban factions.

Daniel J. Mitchell | June 10, 2014

There’s an old saying that there’s no such thing as bad publicity. That may be true if you’re in Hollywood and visibility is a key to long-run earnings. But in the world of public policy, you don’t want to be a punching bag.

Ransom Notes Radio | June 10, 2014

I mean… That is the point of a degree, right? To get a job? So what does Obama’s executive action say about the dismal state of our economy?

Mon, Jun 09, 2014

Michael Schaus | June 09, 2014

I know, I know: Not everything is about the bottom line; but when the bottom line suffers in a misguided attempt to forward useless anti-gun policies, it begins to matter a bit more.

Mike Shedlock | June 09, 2014

The peacemaking talk is off to a rather disingenuous start to put things mildly. Please consider Battles under way near Ukraine's Slavyansk and Kramatorsk.

John Ransom | June 09, 2014

You are either willing to overlook Barack Obama’s foibles and foolishness; or you aren’t. We were right, you were wrong.

Mark Skousen | June 09, 2014

Rosen has a volunteer “anti-poverty” program that really works at Tangelo Park in Central Florida, where high-school graduation levels have soared and crime has fallen sharply amid his “good-works” activities.

Political Calculations | June 09, 2014

That number of companies cutting their dividend is still elevated, and is consistent with mildly recessionary conditions being present in the U.S. economy.

Daniel J. Mitchell | June 09, 2014

Japan came to their senses and reduced their tax rate on companies, leaving America with the dubious honor of having the world’s highest rate.

Chris Edwards | June 09, 2014

The VA has one of the highest firing rates for this class of worker at 0.18 percent. But that’s still just 1 in 555 workers in 2013.

Nick Sorrentino | June 09, 2014

Free enterprise, free markets, free prices are however increasingly what a very large portion of the American people want.

Mark Baisley | June 09, 2014

It seems that many years ago the papyrus image was interpreted by linguists and quickly formed the essence of the Democratic Party playbook, still in use to this day

Sun, Jun 08, 2014

Larry Kudlow | June 08, 2014

Putting it all together, overall economic growth is still trapped in a sub-par growth zone. And it will remain there, Grannis says, "Unless and until policies in Washington become more growth-friendly (e.g. reduced tax and regulatory burdens)."

Mike Shedlock | June 08, 2014

If you cannot afford the cost of a US education, or even if you can, please research all your options instead of becoming another US debt slave statistic.

John Ransom | June 08, 2014

As a government program, the Volt will have to fit somewhere between Social Security and the US Post Office.That said, the Volt would make an excellent, all-electric, US Postal stamp, collectors edition-- as a car that is.

Political Calculations | June 08, 2014

Pay attention to what it means for stock prices if investors remain focused on that particular point in the future going into summer

Daniel J. Mitchell | June 08, 2014

his famous chart, prepared by my colleague Andrew Coulson, shows how spending and bureaucracy have skyrocketed since 1970 while test scores have been stagnant.

Edith Lank | June 08, 2014

Peter Schiff | June 08, 2014

It would be a stretch to say that this past winter made a greater impact on the economy than the average of the 10 snowiest winters since 1967.

Hunter Lewis | June 08, 2014

Why stop with the bail-out of big banks when you can bail out anyone who gets in financial trouble?


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