Editor’s note: John Ransom, despite the objections of his family; decided to take them on vacation. While waiting to be towed in to harbor on his Carnival Cruise, he will be indisposed. But let not your heart be troubled: Our loveable Townhall Finance Editor will return with mildly intriguing articles before too long. Below is what can best be described as a “Best of” article. (Although, that description is only being used for the sake of brevity.)
Until Mr. Ransom decides to join the real world and start working every day, check out our other top-notch contributors such as Daniel J Mitchell, Mike Shedlock, or – if you can bear it – feel free to read my commentary. Thanks for reading!
- Michael Schaus, Associate Editor for Townhall Finance
It’s almost as if the administration wears the conundrum like a badge of honor, like it’s an encomium. And perhaps it is.
But at some point the American people need to hear directly from Obama himself, so that he can answer the questions that reside in the back of all of our consciousness.
And the question is this: Are you really this stupid or is this part of some devious plan?
I’ve never before seen the opposition so paralyzed before missteps, blunders, gaffes, scandals, admitted incompetency, greed, overreach, mismanagement, lies, outrageous crimes and…did I say greed?
I hope I did, because I meant it.
What got me thinking about this was an interview I did with Cato’s Dan Mitchell- my favorite economist by the way- who thought perhaps that when Obama postponed the implementation of the big company mandate, requiring companies to provide healthcare coverage for employees under Obamacare, that Obama got what he really wanted.
“It’s going to have the perverse effect of throwing more people into these heavily subsidized, unworkable exchanges,” said Mitchell on our Tuesday broadcast ofRansom Notes Radio, “which may indeed be what the White House wanted all along, to create more dependency and more government spending.”
No one saw that coming.
Hussman's Open Letter to the Fed; The Problem with Bubbles; Textbook Pre-Crash Bubble; Reflections on Not Chasing Bubbles; Integrity vs. Respect | Mike Shedlock