John Ransom - Blame Obama for this pathetic, stupid economy
Posted: 5/29/2014 9:50:00 AM EST

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So the new revisions are in for GDP and it turns out that the first quarter we had a contraction of 1% versus an estimate of one 10th of a percent growth.

"GDP growth was initially estimated to have expanded at a 0.1 percent rate," reports Reuters. "It is not unusual for the government to make sharp revisions to GDP numbers as it does not have complete data when it makes its initial estimates. The decline in output, which also reflected a plunge in business spending on nonresidential structures, was sharper than Wall Street's expectations for a 0.5 percent contraction pace."

Reuters went on to explain to anybody stupid enough to believe it that weather chopped off about 1.5% from GDP. And that means that were it not for the weather the economy would've only grown by half a percent annual rate in the first quarter. And that means that the economist weren't just wrong about the impact of the weather, that they were wrong about the robustness of the economy going into the first quarter.

Can we all just agree that Obama sucks now?

If it walks like it sucks, talks like it sucks, it sucks.

Michael Schaus - In Other News: English Must Not Be Al Sharpton's First Language
Posted: 5/28/2014 4:00:00 PM EST

I just want to make sure I understand what is going on here: We have pledge “non-lethal” aid to Ukraine, but we’re giving Syrian Islamists high-powered rocket launchers and fully automatic assault rifles? Are we at least running background checks on these gun transfers (or is that a burden we only place on legal American gun sales)? (The Hill)

Hawaii wants a race-based legal system. And our post racial President has suggested he will help give it to them. (Fox News)

Did we actually win in Afghanistan? Meh. Who cares, so long as Obama gets an applause line in future speeches? (CNS News)

The National Science Foundation spent roughly $5 million on fictional depictions of what the world would look like in 2070 (because of global warming)… A utopian future was described, in which courts forcibly take private property from the wealthy, no one owns a car, everyone is a vegetarian, and modern consumerism is dead… In other words: The liberal utopia looks an awful lot like Europe did in 200 BC. (Now that’s “progress”!) (Free Beacon)

Also…I’m beginning to think that English is not Al Sharpton’s first language.

John Ransom - New Time 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for May 28th, 2014
Posted: 5/28/2014 12:01:00 AM EST

Ransom Notes Radio Webinar
Join us for a Webinar on May 28th, 11:20 AM PT
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Reserve your Webinar seat now at:

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Michael Schaus - In Other News: Yeah... Individualism is the Big Problem in America
Posted: 5/27/2014 4:00:00 PM EST

Here are some other highlights and headlines that I noticed over at Ransom Notes Radio:

Government agencies have, apparently, decided to do away with employee reviews because they could be discriminatory… Because, as we all know, incompetent bureaucrats are a protected class. (Daily Caller)

Obama’s labor secretary tweeted: Don't let individualism trump community; move from a selfie culture to an #ussie culture… Ok. Let’s get rid of all socialists in the Obama administration, not just individual socialists. Better? (Twitchy)

Al Gore wants you to fly to Australia so you can hear him preach about how you need to cut back on your carbon footprint… Have these people never heard about “Go to meeting”? (Weasel Zippers)

Political Correctness taken to Orwellian extremes: The girly-men over at the BBC have censored the word “girl” (used in reference to an actual girl) from a program because it “could have” offended girls… Girl... Girl, girl, girl, girl… (Please send hate mail directly to my twitter account @schausmichael.) (Daily Mail)

Michael Schaus - In Other News: Jack in the Box Needs Bigger "No Gun" Signs (Apparently)
Posted: 5/23/2014 4:00:00 PM EST

Here are some other highlights and headlines that I noticed over at Ransom Notes Radio:

This is the third armed robbery at a Jack in the Box since the company posted “no guns” signs on it’s properties… They clearly need bigger signs. (The Gateway Pundit)

Paul Ehrlich (yeah… I had to google his name real quick also) doubled down on his climate-change / over-population alarmism by claiming that people will be forced to eat their dead if we don’t start acting more green… (It’s people! Soylent Green is People!) Of course, there is some truth to this: Widespread adoption of liberalism is one of the first signs of the coming zombie apocalypse. (Newsbusters)

PETA wants you to go vegan this Memorial Day weekend. And, to that effect, they have launched an app called “the Scent of Death” to equate meat-eating to murder. As it turns out, murder goes really well with a little corn on the cob, and some PBR. (Breitbart)

50 US Senators have written the NFL requesting that the name of Washington’s team be changed to something less “offensive” than the “redskins”. It’s probably about time we create a reservation in the middle of nowhere for our elected officials. (ESPN)

If you remember, Paul Krugman once praised the VA as a shining example of the success that could be had through socialized medicine… I guess this goes to show that, yes, socialized medicine is full of rationing, fraud, and economically illiterate Nobel Laureate economists. (Weasel Zippers)

Michael Schaus - In Other News: The FBI Wants You to Be Suspicious of Government?
Posted: 5/22/2014 3:48:00 PM EST

Here are some other highlights and headlines that I noticed over at Ransom Notes Radio:

The FBI chief has said that people should be suspicious of government… I think it’s probably best that we all do exactly as this authority figure as suggested. (The Hill)

A restaurant decided to post a “no concealed carry” outside of their establishment. Strangely, a couple of criminals were not deterred by the polite suggestion. (Townhall)

Around 10k toddlers are being medicated for ADHD… (I always used to think that hyperactivity was merely a symptom of being 4 years old.) Can we maybe start medicating the 535 children who run our government instead? (CBS)

James O’Keefe has tricked some Hollywood big-shots in another one of his undercover “Project Veritas” documentaries… While I’m happy that he’s exposing hypocrisy, let’s be honest: Is it really that hard to dupe a West Coast liberal? I mean, c'mon: They already believe in Global Warming. (Breitbart)

Michael Schaus - In Other News: Some College Students Might Have to Learn About the Constitution
Posted: 5/21/2014 4:00:00 PM EST

Here are some other highlights and headlines that I noticed over at Ransom Notes Radio:

The “Beyond Diversity Resource Center” has handed out a memo that highlights the “pitfalls of working with white people”… Because fostering a prejudice against people with a certain skin color (such as white) is an obvious first step in eliminating racism in our society. Right? (The Gateway Pundit)

Um… This is crazy: A University has decided to bulldoze its Feminist studies requirement, and replace it with a class on the Constitution. What is the Left going to do when 35 year old career students suddenly learn that free birth control isn’t actually one of the enumerated rights in our founding document? (Weasel Zippers)

The marine who took a wrong turn, and ended up in a Mexican prison, may be facing 21 years in jail for accidently driving south of the border with a gun in his car… He should have just said that he was working for Eric Holder. They probably would have let him pass right on through. (Fox News)

An Ohio Teacher’s union is requesting the names and addresses of teachers who crossed a recent picket line. (Obviously this is because intimidation, thug tactics, and harassment are necessary for the good of the children.) (Fox News)

John Ransom - Red Robin Poppin'
Posted: 5/21/2014 3:55:00 PM EST

Welcome to John Ransom’s Stocks in the News where the headlines meet the trendlines.

Click here to listen to Ransom Notes Radio live or for archives of previous shows.

Stock number one: Red Robin Gourmet Burgers Inc.

Red Robin Gourmet beats by $0.10—Briefing.com

Red Robin Gourmet beats by $0.10, beats on revs (RRGB) : Reports Q1 (Mar) earnings of $0.82 per share, $0.10 better than the Capital IQ Consensus Estimate of $0.72; revenues rose 11.2% year/year to $340.5 mln vs the $334.79 mln consensus. Red Robin Gourmet expects FY14 comparable restaurant revenue growth in the low single digits.

Symbol: RRGB

Trailing PE: 32; Forward PE: 21

PEG: 1.68

Dividend: NA

Estimate Trend: Flat

Ransom Note Trendline: Hold Red Robin

RRGB Chart

RRGB data by YCharts

Stock number two: Dick's Sporting Goods Inc.

Retailers Weigh On Market As Dick's, TJX, Urban Miss --Investor's Business Daily

Dick's Sporting Goods (DKS) gapped down and sank 16% to a 16-month low in massive turnover. Before the open, the sporting goods retailer reported Q1 earnings of 50 cents a share, up 4% from last year but 2 cents below views. Sales rose 8% to $1.44 billion, also missing. Dick's cited poor performance in its golf and hunting categories.

Symbol: DKS

Trailing PE: 16; Forward PE: 12

PEG: 1.07

Dividend: 1.00%

Estimate Trend: Down

Ransom Note Trendline: Sell Dicks Sporting Goods

DKS Chart

DKS data by YCharts

Stock number three: Pandora Media, Inc.

Pandora shares rise as company presents at conferences--Fly on the Wall

Shares of Internet radio provider Pandora (P) rose out of negative ground earlier in the session as the company's CFO Mike Herring presented at the Bloomberg CFO Summit. At the conference, Herring said that "almost every one" of the company's competitors in the online radio space has failed and that he believes the company can extend its lead in connected music, according to the news service.

Symbol: P

Trailing PE: NA; Forward PE: 51

PEG: 3.41

Dividend: NA

Estimate Trend: Up

Ransom Note Trendline: Avoid Pandora

P Chart

P data by YCharts

John Ransom - New Time 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for May 21st, 2014
Posted: 5/21/2014 12:01:00 AM EST

Ransom Notes Radio Webinar
Join us for a Webinar on May 21st, 11:20 AM PT
Space is limited.
Reserve your Webinar seat now at:

https://www1.gotomeeting.com/register/624354873

Sign in above to watch as David Williams displays his live market charts showing recent trades and forecasts he has made on Ransom Notes! The audio will still stream through Ransom Notes broadcast and the charts will be viewable through GoToMeeting. By registering for this webinar you agree to receive email announcements and promotions periodically.

Click here to listen to Ransom Notes Radio live or for archives of previous shows.

After registering you will receive a confirmation email containing information about joining the Webinar.
System Requirements
PC-based attendees
Required: Windows® 8, 7, Vista, XP or 2003 Server
Mac®-based attendees
Required: Mac OS® X 10.6 or newer
Mobile attendees
Required: iPhone®, iPad®, Android™ phone or Android tablet

Michael Schaus - In Other News: Jewish Runners Banned from Middle East "Peace Run"
Posted: 5/20/2014 4:00:00 PM EST

Here are some other highlights and headlines that I noticed over at Ransom Notes Radio:

ABC news felt compelled to run a story about college kids stripping for tuition money… But don’t let the story make you think this is a widespread trend: If strippers were telling the truth, the world would be full of far more attractive lawyers and doctors. (ABC News)

An Australian organized a “peace run” to bring Palestinians and Israelis together… The Palestinian authorities promptly outlawed Jews from participating in the run. The best part is that the “peace run” proceeded after asking Jews not to participate… Isn’t this like holding a “Whites Only” meeting of the NAACP in 1950 Birmingham (Weasel Zippers)

Now Scientists are claiming that climate change will destroy the Statue of Liberty… C’mon: She can take it. To quote Dr. Venkman: “She’s tough. She’s a harbor chick.” (USA Today)

John Kerry: “If we’re wrong on Climate Change, what’s the worst that can happen?” I mean, sure, it could kill the American economy… But, at least the Statue of Liberty would be around. After all, what’s a little Statism without some ironically named national monuments? (Weekly Standard)