John Ransom

Jonsey wrote: John, Merry Christmas (God forbid, I should say Happy Holidays or Sarah P might have a heart attack). In your article, you forgot one thing: Paul Krugman won a Nobel prize for economics and you didn't. He is one smart gentleman. Do have a glorious Christmas and may your heart be softened may you speak of and about the President. Happy Christmas Eve. Maybe I'll say a prayer for you at Midnight Mass. Who Made Krugman the Expert? Cronies Did

Dear Comrade Jones,

I don’t forget that Krugman has a Nobel prize. I discount the award to present value:

The sum of which equals BS.

You’re talking about the same anti-Semites who only awarded only ONE Nobel prize to Albert Einstein the greatest physicist ever; who gave Yasser Arafat, Jimmy Carter and Al Gore a Nobel prize and... a Nobel prize to Barack Obama?

Come on. Explain to me why Obama deserved a Nobel prize?

I still haven’t heard a credible explanation about how he earned that prize.

It seems more like he got one for making a cameo appearance as a black man in the government of the United States. Liberals have no shame that way.

If you told me he got an Academy award for best supporting actor, I’d believe it. But Nobel prize? Come on.

The Nobel prize thus has no meaning for me.

So, if you want to remind people that Krugman has a Nobel then go ahead.

This is what I know: Despite following Krugman’s recipe for economic success – more money, more money, more money—Obama’s produced an economy that is sending corporate profits up and job creation down.

There has never, ever been more money than there is today. Ever. The rate at which money travels through the system has never, ever been as slow. Ever.

Both the money supply and the money velocity is something that can be helped or hurt by government policy.

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.