John Ransom

Like these:

Offshore Energy & Jobs Act (H.R. 2231) opens the most resource-rich areas to new offshore energy production, and requires the Obama administration to move forward with lease sales that have been delayed or canceled, providing the energy needed to revitalize manufacturing, create jobs, and restore our nation of builders. (passed 235-186)

Federal Lands Jobs and Energy Security Act (H.R. 1965) boosts job creation by streamlining the permitting process and opening new areas to onshore energy production on federal land, where oil and natural gas production have plummeted under this administration. (passed 228-192)

National Strategic and Critical Minerals Production Act (H.R. 761) streamlines the permitting process and reduces red tape to facilitate the development of strategic and critical minerals used to support American manufacturing jobs. (passed 246-178)

Or this bi-partisan measure that the president even supports:

Innovation Act (H.R. 3309) helps businesses better defend themselves against abusive patent litigation, promoting more private-sector growth, innovation, and job creation. (passed 325-91)

There apparently just isn’t enough money in any of these deals for the government.

Yes, Reid, the man of the people from Searchlight, Nevada-- who only has a small condo at the Ritz Carlton in Washington, D.C.; a condo that’s worth between $775,000 and $1 million-- can’t do his job.

Or sleep in a one-bedroom condo.

“I stay in Washington, D.C., in a one-bedroom apartment,” says Reid, “and my penthouse is on the second floor. How do you like that? Penthouse on the second floor.”

That he owns. No mortgage for Harry Reid.

Such a tough life for Harry living in a one-bedroom condo fetching seven figures.

No wonder he’s angry.

The second floor? An outrage!

I think most Americans, whether they have jobs or not, would like a penthouse on the second floor worth a million bucks. With that kind of value one could buy an average American home at $196,300 and fund retirement fully by age 40 and college educations for 1.2 children with the rest.

I say any time a guy like Reid can spend his whole life going from one government job to the next, and amass a personal fortune of $7 million, that’s a jobs program one should be in awe of.

But I have one question:

How do we stop doing that for Washington, and starting doing it for the rest of the country?


Can you hear us? Way up there on the second floor?

Didn’t think so.

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.

Get the best of Townhall Finance Daily delivered straight to your inbox

Follow Townhall Finance!