Government Spending on Townhall
-
More Outright Lies About Benghazi Tue Jun 4Ransom Notes RadioJonathon Moseley, who wrote an article on Benghazi for the American Thinker, spoke with John about a few of the blatant lies that have been thrown forward regarding the death of Ambassador Stevens. John also talked about the “Happiness Index” and why the “recovery” isn’t impacting most Americans. ... more
-
Michael SchausNY Mayor Bloomberg, and Colorado Democrats, are going to need a hug pretty soon. The recall petition against the State Senator who pushed gun control is a worrisome sign for anti-gun activists. ... more
-
Daniel J. MitchellWith many European nations already in the midst of a fiscal crisis caused by excessive government, and with most other industrialized nations heading down the same path thanks to aging populations and poorly designed entitlement programs, this would be a good time for supposed experts to propose ways to rein in the welfare state. ... more
-
Charles PayneStocks have been swift and confident like the hare with a single-minded determination of the tortoise. Yet what happens when the worst traits of both are present at the same time? ... more
-
Mike ShedlockUS Manufacturing as measured by the May 2013 Manufacturing ISM Report On Business® is treading water barely above contraction. ... more
-
Financial Fortitude Tue Jun 4Bill TatroWarren Buffett, throughout his illustrious career has repeatedly said, “Don’t bet against America.” A wonderful statement, but given some of our erratic history, one needs to ask the question “why not?” The answer is relatively basic: Americans know how to adapt. ... more
-
Political CalculationsWhile the President's FY2014 budget proposal is anywhere from $100 billion to $300 billion less than what President Obama has previously proposed for the U.S. government to spend in any of his first-term budgets, it still runs a minimum of $475 billion above the President's historically non-credible forecasts for the federal government's revenue collections. ... more
-
Frackin' the Liberals Sun Jun 2John RansomI object to paying $95 per barrel of oil when the economy should be supporting prices closer to $55 per barrel. The $40 difference is mainly attributable to Obama and his nutty professors, like Dr. Stephen Chu, who thinks $5.00 a gallon gasoline would be a swell idea. ... more
-
Kate Hicks
-
Eric Holder is the Moses of Our Time? Sat Jun 1Ransom Notes RadioYep. . . That was actually said by a left wing pundit. Needless to say, Ransom has a different opinion. Also, John Andrews – Leader of the Western Conservative Summit – spoke about the annual conservative conference in the Rocky Mountains this summer. ... more
-
The Big Economic Picture Sat Jun 1Bill TatroFor those people that view the U.S. stock market as an entity totally devoid of a relationship with economic reality, then I suppose “correction” is indeed the appropriate word. Whether it’s a 5% or 10% correction, it always affords the unsuspecting investor an opportunity to join the party, which is more than likely what they’ve been missing. ... more
-
Medicare Financing Plastic Surgery Sat Jun 1Daniel J. MitchellOnce politicians create a pile of free money, people will figure out ways of getting their hands on that money. That’s true for all programs. But because of the amounts of money involved, Medicare is a far bigger problem than other programs ... more
-
Running Out of Other People's Money Sat Jun 1Charles PayneThe Elysee Palace sold off a tenth of its wine collection in a Presidential garage sale. Selling presidential wine in a nation that loves its wine might chip away at awful approval ratings, but it speaks more to the stupidity of goals that include squeezing the inequality gap by bringing the top lower, taxing rich people and businesses, and demonizing success. ... more
-
Mike ShedlockI just finished reading The Smith/Klein/Kalecki Theory of Austerity by Paul Krugman and I believe it is the most disingenuous piece he has ever written. ... more
-
Spreading the Wealth Sat Jun 1Bob BeauprezHow far down the redistribution of wealth path have we traveled? And, how near is the day of reckoning? Yet for all of the fiscal cliff, debt ceiling, and financial Armageddon deadline negotiations that come and go, there seems zero willingness to address the elephant in the room. ... more
-
Obama is a Lousy CEO Fri May 31Ransom Notes RadioEconomist Carl Schramm spoke with John Ransom about one of President Barack Obama’s biggest challenges: He’s never been exposed to executive experience. The most recent string of scandals illustrates the President’s blind faith in Bureaucracy, and his naiveté regarding Presidential responsibility. ... more
-
The Continuing Wussification of America Fri May 31Daniel J. MitchellI get more worried about the future of the country when I read reports of children being subjected to this kind of politically correct nonsense. ... more
-
Making Sand Traps and Recessions Easier Fri May 31Charles PayneThe market continues to be somewhat confused and probably a little exhausted. At this point, there are dynamic forces moving in opposite directions. Then there's economic data that seems like good news on the surface but less so upon drilling down a couple of layers. ... more
-
France and Germany Spark Verbal Warfare Fri May 31Mike ShedlockThe simmering feud between France and Germany erupted into a heated political exchange following Pressure on Hollande to take bold action to revive the French economy, calling for new pension and labour market reforms. ... more
-
Michael SchausThink, for a minute, about all the things the IRS can do to a group, or an individual, without causing a scandal. The agency imposes penalties and fines on citizens before any guilt has been proven in the court of law; soon the agency will be able to levy penalties against citizens for not obtaining proper health insurance. The IRS has more power in a single audit than Eric Holder’s entire Department of Justice. . . And that’s just when they behave. ... more
-
Ransom Notes RadioWould you live in a worker’s paradise run by Mayor Michael Bloomberg? John Ransom asked this question after reading about Citi-bikes, soda bans, and crackdowns on street cafes. Anthony Lolli (a real estate expert located in NYC) joined the show to take a look at whether or not the Housing Recovery is real. ... more
-
Charles PayneBy now most know my grand economic thesis and reason for bullishness over the past several years has been based on global peace and global prosperity. I do not think the world has ever been this peaceful with respect to wars and killing, nor has it seen prosperity and economic hope this widely dispersed. ... more
-
Another Sign of the Eurozone Falling Apart Thu May 30Mike ShedlockIn an interesting development in the battle to see which country is bright enough to exit the euro first, a book urging a return to the Escudo (the prior Portuguese currency) became an instant a bestseller in Portugal. ... more
-
Bob BeauprezAdvice and public testimony aside, the Democrats ignored the Sheriffs. Subsequently, John Hickenlooper, the Democrat Governor, signed the bills into law. Sticking to their convictions, 55 of the 62 county sheriffs filed a lawsuit in federal court on May 17 seeking to overturn the legislation on constitutional grounds. ... more
-
Ransom Notes RadioRepresentative Kevin Brady (Ambassador for the Great Republic of Texas) spoke with John Ransom about the importance of the Keystone XL Pipeline. Energy independence is a very real possibility with sensible energy policies. . . Unfortunately, too many environmentalists don’t believe in unleashing America’s full potential. ... more
-
Normalcy Shattered Wed May 29Bill TatroWe are all so busy in our day-to-day lives that “history” is something relegated to our junior year in high school — merely a class that we were forced to take if we wanted to graduate. Indeed, nobody forewarns us that history repeats itself again and again. ... more
