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.
Two recent Senate votes on Obamacare demonstrated incredible hypocrisy. First, Congressional Republicans declared their unwavering opposition to the badly misnamed Patient Protection and Affordable Care Act. Then they voted to fund it for the rest of the year.
The White House threatens the Easter Bunny. Continuing its effort to make the forced spending cuts called sequestration seem as onerous as possible, the White House issued a warning to all of the parents who had tickets for this year’s Easter Egg Roll that “this event is subject to cancellation due to funding uncertainty.” With all of the negative press the Administration of President Barack Obama received over halting White House tours for the same ridiculous reason, you’d think someone in authority there would realize it’s time to stop such petty politics. But wait, this is the Obama White House we’re talking about.
Rand Paul wins CPAC straw poll. Attendees at this year’s Conservative Political Action Conference said Kentucky Senator Rand Paul was their preferred Presidential nominee. Rand won 25 percent of the vote in the straw poll, followed by Florida senator Marco Rubio, who got 23 percent. Paul’s father, former Congressman Ron Paul, won the CPAC straw polls in 2010 and 2011. Mitt Romney was the first choice last year. Earlier this month, Rand Paul said that he was “seriously considering” a bid for the White House in 2016.
The Republican National Committee, under the leadership of Chairman Reince Priebus, said the party must change if it ever hopes to win the White House again. So it issued a 97-page report that describes the GOP as “out of touch,” “narrow minded,” and the party of “stuffy old men.”
“For the first time since the election, I actually have some hope.” That’s what one long-time conservative said to me after Senator Rand Paul’s 13-hour filibuster last week. Paul’s dramatic gesture had conservatives, libertarians and even many on the left cheering his principled stand.
Waste and duplication in Federal budget. Senator Tom Coburn (R-Okla.) says that he and his staff have identified more than $200 billion worth of cuts that can be made in the Federal budget just by eliminating waste and duplication. During an appearance on “Meet the Press,” he promised: “I can show them all the things, the stupid things, they’ve done over the last two years that we can stop doing.” Don’t hold your breath waiting for them to ask you, Senator.
Congratulations! You’ve managed to survive a whole week since sequestration hit. And despite all of the dire warnings that were issued, airplanes didn’t fall from the skies, prison gates weren’t thrown open, the indigent didn’t lose their food stamps and essential safety personnel didn’t lose their jobs.
Those expensive Federal regulations. Just how much does it cost private enterprise to comply with all of the Federal regulations that have been promulgated? According to the Competitive Enterprise Institute, a nonprofit research group in Washington, D.C., the tab comes to more than half-a-trillion dollars a year. The CEI says the most costly agencies are the Environmental Protection Agency, whose regulations cost businesses $353 billion a year; the Department of Health and Human Services, at $185 billion; and the Federal Communications Commission, at $142 billion a year. Just think how many more jobs could be created — and taxes paid — if some of those regulatory restrictions could be eased.
Barack Obama and his union buddies have made it clear what they mean by “immigration reform.” That is, a clear path to citizenship for illegal aliens. If they get their way, guess how many of those new citizens will become Democratic voters? And guess how many will be targets for union membership?
Obama’s doomsday scenarios. Even if every penny of the “sequestration” goes into effect, which I doubt, you can be sure that Washington will spend more money this year than it did last year. If the Feds would just hold spending for 2013 to 2012 levels, there would be more than $85 billion in budget cuts. But President Barack Obama and his allies want to frighten the public into opposing any reductions, thus the threats to cut back on police, firefighters, border patrols, teachers and emergency personnel. It’s all part of the game to frighten a gullible public and to intimidate conservatives in Congress.