John Ransom

Welcome to Democrat Fantasy Island, where the people who run our country have things exactly backwards. They may be short on brains, but they don’t seem to be short of ideas, especially bad ideas.  

That’s the only explanation I have for the latest proposal from the brain trust that has brought you Recession Part Deux, Obamacare, Solyndra, Fast and Furious and Barney Frank.   

The Democrat governor of North Carolina has suggested that the country dispense with Congressional elections for two years in order to help the “economic recovery.”

"You have to have more ability from Congress,” said Gov Bev Perdue, “I think, to work together and to get over the partisan bickering and focus on fixing things. I think we ought to suspend, perhaps, elections for Congress for two years and just tell them we won't hold it against them, whatever decisions they make, to just let them help this country recover. I really hope that someone can agree with me on that."

So not only should we suspend elections, she says, but we should also not hold any actions Congress might take- actions taken for our own good of course- against them.

Perdue’s campaign has been under investigation for illegal contributions and suspicious spending. No word from the governor’s office about whether she’d like to suspend the state’s campaign finance laws as a part of broader reform efforts.    

And people wonder why there is a Tea Party movement?

Perdue’s office claims she was just using “hyperbole” to make a point.

But what Perdue doesn’t understand is that the rest of us already understood the joke, like two years ago. And we don’t think it’s funny.

Hyperbolic, however, is one way you might describe a government on overdrive under the Democrats.     

When the real estate business suffered because the US government was originating half of the loans in the country, our Democrats, somehow, figured out how up that number to 95 percent of all mortgages- almost eliminating private mortgages altogether.

The result has been that housing prices have slumped to record lows with no real estate recovery in sight.

John Ransom

John Ransom’s writings on politics and finance have appeared in the Los Angeles Business Journal, the Colorado Statesman, Pajamas Media and Registered Rep Magazine amongst others. Until 9/11, Ransom worked primarily in finance as an investment executive for NYSE member firm Raymond James and Associates, JW Charles and as a new business development executive at Mutual Service Corporation. He lives in San Diego. You can follow him on twitter @bamransom.

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