John Ransom

The smart money on Wall Street is betting that the fix is in on Ukraine. Even with a shooting war brewing between Ukraine and Russia, the markets are shrugging off the news as of little consequence.

A telltale that the fix is in was that we sent vice president Uncle Joe Biden to Ukraine to calm matters and show our moral support for them--which was obviously meant sarcastically.

Did I say vice?

And the vice president brought with him $50 million, which may seem like a lot, but is nothing compared to the $50 billion problem they have over there.

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$50 million today doesn't fund a startup, yet alone a country fighting for survival.

If Ukraine was smart, they'd quickly convert their country to, and get on the IPO calendar with Goldman Sachs as the lead underwriter and perhaps a token Russian bank-- which is to say ANY Russian bank—in the selling syndicate.

Because we know that what a dotcom does doesn't matter as much as the number of subscribers they have, and Ukraine could be losing a number of subscribers rather quickly.

So let's just say that the Obama administration is looking at the situation in Ukraine as kind of make up sex with Russia for the spats that they've had in the Middle East.

This is the world we live in.

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