Blaming Romney

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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.

Facebook founder loses a fortune. According to the latest list of the Forbes 400, Facebook founder Mark Zuckerberg was the biggest financial loser in the group in the past year. The magazine says his estimated net worth plunged $8.1 billion, thanks to the sharp decline in the value of his stock. He fell from No. 14 on the list to No. 36. But Zuckerberg shouldn’t run out of money anytime soon; according to Forbes, he’s still worth a rather hefty $9.4 billion.

The top spots stay the same. No surprise who occupies the top spot on the Forbes 400 list. For the 19th year in a row, it was Microsoft Corp. co-founder Bill Gates, with an estimated net worth of $66 billion. Warren Buffett again took second place, with $46 billion. And Oracle Corp. co-founder Larry Ellison remained third, with $41 billion. Twenty newcomers joined the list this year, including Shahid Khan, the flamboyant new owner of the NFL’s Jacksonville Jaguars.

Pledging allegiance to whom? The Barack Obama campaign is urging supporters to write on the back of their hands why they support the President — and then take a photograph of themselves with their hand held over their heart and share it online. Talk about a cult of personality!

–Chip Wood

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.

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