Chip Wood Archive
Chip Wood is the geopolitical editor of PersonalLiberty.com. He is the founder of Soundview Publications, in Atlanta, where he was also the host of an award-winning radio talk show for many years. He was the publisher of several bestselling books, including Crisis Investing by Doug Casey, None Dare Call It Conspiracy by Gary Allen and Larry Abraham and The War on Gold by Anthony Sutton. Chip is well known on the investment conference circuit where he has served as Master of Ceremonies for FreedomFest, The New Orleans Investment Conference, Sovereign Society, and The Atlanta Investment Conference. Email this author.
Is it remotely possible that the 2012 Presidential election will be decided by an 8-foot tall, bright-yellow bird? The left is going absolutely gaga over Mitt Romney’s promise during last week’s Presidential debate that he would end government funding of the Public Broadcasting System.
In the past three weeks, there have been riots and demonstrations against the United States in many Muslim countries. We’ve been told by our leaders that it all happened because of Islamic outrage over a 14-minute video clip that appeared on YouTube. What a bunch of hogwash!
HUD pays a fortune in false claims. The government’s Preforeclosure Sale Program was meant to help struggling homeowners facing foreclosure. But an audit by the Department of Housing and Urban Development says that the government may have paid as much as $1.06 billion in bogus claims. Of 80 randomly selected claims, six homeowners who received government assistance faced “no unavoidable financial hardship,” the audit found. Many had enough savings to make several months of mortgage payments. Investigators have called for HUD to strengthen its controls over the program. Right; let’s put a good lock on that barn door, fellows.
I did a double take when I saw the story on CNN.com. For a moment, I thought I had clicked on the Personal Liberty website instead. Here’s what the subhead read: “Central banks are printing money like crazy. And inflation is gold’s best friend.”
Accuse them of what our side is doing. Guess what? The New York Times agrees that one of the candidates for President is trying to pit one class against another in this country. And it’s decided that the culprit is Mitt Romney. “There is class warfare being waged in the 2012 campaign,” the newspaper said in an editorial. “It is Mr. Romney who is waging it, not President Obama.” I guess that’s what can happen when an editorial writer reads only what appears in his own paper.
We were running a little late when my wife and I headed to the movie theater last month to see the documentary “2016: Obama’s America.” But I told her not to worry, since there would be 10 to 15 minutes of commercials and previews before the show started.
Those costly conventions. How big was the tab for U.S. taxpayers for the two political conventions that recently concluded? At least $136 million. That includes $18.2 million to help cover the costs of both the Republican and Democratic national conventions, plus another $50 million spent on security at each gathering. While this is a tiny fraction of overall Federal expenditures (and deficits), does anyone want to suggest that it should be the political parties themselves — not the taxpayers — who foot the bills for these lavish affairs?
What a weird Democratic National Convention! The most dynamic speakers aren’t running for office. The Democrats initially left God out of the platform. And Barack Obama gave one of the flattest, most disappointing talks of his career.
August’s dismal employment numbers. Many economists predicted that the August numbers would show 125,000 to 150,000 new jobs being created, but the official number from the Bureau of Labor Statistics came in at 96,000 new jobs. Plus, the numbers for June and July were revised downward by 41,000 jobs. Even worse, some 370,000 people left the workforce during the month. So for every person who got a job in August, four others stopped looking. That’s no way to get a recovery.
A Double Standard for Democrats. While the President Barack Obama Administration wants to outlaw voter ID laws in State and national elections, they were perfectly OK with requiring them to vote at their own convention. In fact, they required two forms of identification before a delegate could even enter the hall in Charlotte. Anyone detect a little bit of hypocrisy here?