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.
Finally, you can keep what you earn. In a new report, the Americans for Tax Reform Foundation and the Cost of Government Center say that the average American has to work more than half of the year to pay the cost of government. This year’s Cost of Government Day — when the average worker has earned enough to pay for government at the Federal, State and local levels — didn’t arrive until July 15 this year. I’m glad unfunded liabilities weren’t included; if they were, the day would never arrive.
Senator Rand Paul has introduced a bill in the Senate that would privatize the Transportation Security Administration. He said that while many Democrats in Congress have told him privately that they agree with him, he doesn’t expect any action in the current Congress.
Amazing acts of courage. Like you, I was heartsick at the stories of the massacre at that movie theater in Aurora, Colo., last week. But I was also impressed by the heroic acts that occurred there. Four of the victims were men who gave their lives to protect the women who were with them. The courage, bravery and self-sacrifice of Alex Teves, Matthew Robert McQuinn, Jonathan Blunk and John Larimer should be an inspiration for us all.
If there is one sentence that determines who will win this year’s Presidential election, I hope it will be Barack Obama’s incredible statement that “you didn’t build that.” In just four short words, Obama confirmed his bias against America’s business builders and job creators.
Ed Klein told nearly 2,000 conservatives and libertarians who jammed the main ballroom at FreedomFest last week several shocking stories he heard while conducting the nearly 200 interviews that formed the basis of his bestselling book, The Amateur: Barack Obama in the White House.
A flood of disabled workers. Here’s a statistic that should worry every taxpayer in America. While the economy has created 2.6 million new jobs since June 2009, in the same period an astounding 3.1 million people have been granted disability benefits. In other words, the number of newly disabled is growing 19 percent faster than the number of new jobs in this country.
More Democrats distance themselves from Obama. It looks like there could be a lot of empty chairs at the Democratic Convention in Charlotte, N.C., in September. The latest defections include three Democratic Congressmen from the State hosting the convention. U.S. Representatives Hayden Rogers, Mike McIntyre and Larry Kissell say they’ll be too busy campaigning to show up. Even more embarrassing for the national ticket, the three men have declined to endorse Barack Obama for re-election.
Elections have consequences. One of the biggest consequences of the next one is that whoever wins the Presidency will probably get to appoint two or three new members to our Nation’s highest court.
The bill’s defenders of Obamacare were desperately afraid that the Supreme Court would rule against Obamacare. When it didn’t, they were ecstatic. But their glee won’t last for long. Two things are going to happen that will turn their rejoicing into anguish.
No justice at Justice. Surprise, surprise. The Justice Department announced last Friday that it will not prosecute its boss, Attorney General Eric Holder, for contempt of Congress. Deputy Attorney General James Cole sent a letter to House Speaker John Boehner declaring that “We will not prosecute an executive branch official under the contempt of Congress statute for withholding subpoenaed documents pursuant to a presidential assertion of executive privilege.” What happens now? My bet is a lot of bluff, blustering and rhetoric, but not much else.