Obama’s Hack Recovery

Why do we keep trying the same old failed attempts at government-induced economic recovery? Has it ever worked? Ransom also discusses some of the economic news that looks good; until you recognize it is actually bad news being reported as good news. Got it? Good. (Or bad?)  

Give the Ransom Notes Listener Line a call at 202-681-1732 or send us an email at ransomnotesradio@gmail.com.

Show Prep:

Right with Ransom

Big Three:

Number Three:

It’s been two years since S&P downgraded US debt. . . How far have we come since then? Well. . . Not far.

Number Two:

Good news, and bad news in the Housing market. . . It kinda makes you wonder what we would do without those insightful minds in the media.

Number One:

The ISM non-manufacturing numbers are out. . . It’s been a while since we heard some good news from our favorite economic optimist; Here’s Mike Mckee with the numbers.

Stocks in the News:

Rabbi Ganz joined the program to discuss his new book – and modern attempts to undermine the only real concept in history that has produced wealth and freedom.

Other News:

So, Obama said the war on terror was all but over. . . And now we are closing down 22 embassies across the Muslim world. What a great display of strength: The mightiest nation in the world shutting down because of some idiots with RPGs. But, according to Newsmax, here’s the worst part of the whole fiasco.

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JOBS AND ECONOMY STOCK MARKET

Good thing we have all that NSA spying going on. . .

NSA, IRS, SEC, FEC. . . If it is a three letter agency and run by this administration, you can count on it being corrupt.

I’ll hold onto all this cash. . . I won’t even ask any questions:

The full program, from start to finish, for your educational benefit: