John Ransom

Ok; I’ll admit that shipping Obama off to be president of Europe isn’t a very original idea.

But still it bears repeating at this critical time because: 1) I don’t like Old Europe very much; 2) Under socialists it just got older; 3) Obama’s work is done here and the Mothership looks like it ran out of “green” fuel on 2008; and 4) Europe’s response to their reckless spending problem happens to be…BEGGING for more reckless spending.

And I can’t think of anyone I’d rather see steward Europe’s newest, bestest, reckless stimulus plan than our first King-of-the-World: Barack Hussein Obama.

He seems to like the idea of more “stimulus.” And if we’re not going to do it, maybe we can lend him to Europe for a while.

Europe LOVES Obama, BTW.  

And they can have him. And he can take his debt with him too.

We won’t mind.  

Once again the New World can come to the rescue of the Old World this time by outsourcing the greatest manufacturing job that BHO has saved/created in the last three years: His job as “debt creator.”

He created $10 trillion in debt at the low, low price of only $350 billion per year. That’s only like half the Department of Defense’s budget. Nothing like cutting our defense spending and entitlement programs while we increase spending on something like interest rates, that have no real return. It’s almost the perfect Democrat program.

Now if they could only tax the rich who buys the debt.

I know what you’re thinking Europe. You’re thinking there’s a chance.

Yes, there is.

And then Obama can show the rest of us again how to save/create an economy by pumping in trillions in wholly imaginary money- actual currency denomination doesn’t matter-  into an economy to create- not jobs- but asset inflation.

Heck. If it makes them feel better, I’ll even call it a “green” job. After all, no trees will likely be hurt in the creation of all that phony money.

You can almost hear the wheels turn at the White House: “This stimulus created the lowest carbon footprint in the history of mankind.”

Yeah. And not coincidentally, no jobs too.

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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