John Ransom

Professors are really good at knowing the history of their topic in a way that the rest of us can’t fathom. And after listening to Professor Elizabeth Warren wax poetic about Obama as the Lobbyist-in-Chief for American families, I have a new-found respect for the breadth of their knowledge.

Because not only do they have to study facts and figures, but apparently they have to make things up too. It’s one thing to remember facts, but an entirely different art form to get your fiction straight.

Just imagine the imagination that it takes to come up with the fiction Warren bleated out at the Democrat National Carnival on Wednesday night, saying “American families didn’t have an army of lobbyists on our side, but what we had was a president – President Obama — leading the way,” according to

Thank goodness that Obama stood up to that army of lobbyists when he took their money and their appointments at the White House.

It’s a novel concept for a president to stand-up to lobbyists by taking their money and doing basically everything they want. But Obama, as we know now, is just the kind of guy who will stand up to lobbyists everywhere, as long as it's mostly only in his own imagination.

Because there is a $5 trillion of evidence that says Obama is a lobbyist’s dream president.       

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Our national debt is up 60 percent since 2009 to $16 trillion, and that means that every household in the country now is accountable for $136,260 per household according to calculations by Terrance Jeffrey at CNSNews.

John Ransom

John Ransom is the Finance Editor for Townhall Finance, host of Ransom Notes Radio and you can catch more of the best money advice and monetary commentary by him daily 10am PT, 1pm ET at or on Comcast Cable


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