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.
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?
Flacks for President Barack Obama are going absolutely ballistic at Mitt Romney and Paul Ryan, denouncing them as liars and implying they are thieves, felons and even murderers. And then they have the nerve to accuse Romney and Ryan of running a dirty campaign! So who is it that’s doing the lying?
Is Sarah Palin’s star fading? So saith CNN, which noted that the former Vice Presidential candidate was not invited to speak at this year’s Republican National Convention. What the article didn’t mention, however, is how many candidates Palin has endorsed and campaigned for this year have been winning elections. If Ted Cruz becomes the new Senator from Texas or Debbie Fisher wins in Nebraska (or several other candidates that I could name win), they will owe a big thank-you to the former Governor of Alaska. Don’t count the lady out yet.
Conservative friends who were at the Republican National Convention have told me, with considerable pride, that the Republican platform for 2012 is “the best one we’ve seen in the past 20 years.” Looking over the various provisions in it, they’re probably right. But so what?
Did you know that the U.S. Department of Agriculture has been spending hundreds of millions of dollars trying to get more people to sign up for food stamps? One of the most absurd examples was “a 10-part series of Spanish-language ‘novelas’ that trumpeted the benefits of the food stamp program.”
Will Biden get dumped? Barack Obama’s Vice President has a bad case of foot-in-mouth disease. First, Joe Biden told an audience in Virginia that with their help, “We can win North Carolina again.” Then he warned another audience that if Mitt Romney wins: “They’re gonna put y’all back in chains.” Biden’s gaffes have some Democrats urging Obama to drop him from the ticket. Who’s their favorite choice to replace him? Secretary of State Hillary Clinton.