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.
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.
Even taxing all their money won’t do it. The Administration of President Barack Obama plans to raise taxes on anyone making more than $250,000 a year, which will collect about $85 billion more revenue, a recent study concludes. But last year’s Federal deficit was $1.3 trillion. Even taxing every penny the “rich” make over $250,000 won’t close the gap. Clearly, the problem in Washington isn’t too little revenue; it’s too much spending.
Last Saturday, we learned that Mitt Romney had selected Paul Ryan to be his running mate. I can’t imagine any selection Romney could have made that would make the battle lines between the two parties any clearer.
What a mistake the gay and lesbian agitators made when they decided to attack Chick-fil-A and its outspoken president, Dan Cathy! It was a mistake that several prominent politicians promptly compounded, with some of the most absurd threats ever uttered by a city official.