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Chip Shots


Rolling In The Dough

Hillary will rake in some big bucks. Now that she is officially out of office, look for Hillary Clinton to generate some hefty paychecks on the speaker circuit. Estimates are that the former Secretary of State, Senator and first lady will be able to command more than $100,000 per lecture. Add to that the millions of dollars she will no doubt receive when she signs a contract to write her memoirs, and it won’t be long before she can rival her husband’s earnings. Of course, it will take Hillary Clinton a while to amass the fortune Bill Clinton has banked since he left office. Estimates are that the former President now has a net worth north of $50 million.

Obama’s Missed Deadline

Obama ignores the law — again. President Obama is required to submit an annual budget to Congress every year by Feb. 1. It’s not just a tradition, it’s the law. But for the fourth year in a row, the Administration ignored this unequivocal requirement. Naturally, his friends in Congress and his allies in the mainstream media have pretty much ignored his flat refusal to obey the law. Are you surprised?

Obama Denied

Appeals Court overrules Obama. Remember a year ago, when President Barack Obama claimed he was making “recess” appointments to the National Labor Relations Board and the Consumer Financial Protection Bureau (except the Senate wasn’t really in recess)? On Jan. 25, a three-judge panel of the U.S. court of Appeals for the D.C. Circuit ruled that the appointments were an illegal abuse of executive power. On Wednesday, the Supreme Court decided not to get involved in the dispute. That means all of the pro-union orders the NLRB issued last year could be thrown out. Stay tuned; this could get interesting.

Viewers Ignore Obama

Ratings plunge for Obama inaugural. Fewer than half as many Americans watched Barack Obama’s second inauguration on cable news channels as they did on his first Inauguration Day back in 2009. Four years ago, close to 17 million people tuned in to the special coverage on CNN, MSNBC and FOX News. This time around, fewer than 7 million Americans watched any of the coverage.

Score! Stocks Will Rise This Year

Stock bulls will like this Super Bowl. Are you familiar with Wall Street’s Super Bowl Predictor? It says that the stock market will go up in a year that an original National Football League team wins the Super Bowl, but will fall whenever a team from the former American Football League is victorious. Hey, don’t scoff; it’s been right more than 80 percent of the time. And since both contestants in this year’s Super Bowl were part of the original National Football League (the Baltimore Ravens trace their lineage back to the old Cleveland Browns), followers say the market will be up for the year. Time will tell if they’re right again.

Your Tax Refund Will Take Longer

Delays expected in tax refunds. The Internal Revenue Service announced that the Congressional debate over the fiscal cliff has caused it to delay processing individual tax returns by eight days. The IRS needed the extra time to program its computers to include the changes and extensions the legislation included. The IRS says it will begin processing 2012 tax returns by the end of the month.

Get It Through Your Thick Skull

We’re getting tired as well, Mr. President. Speaker of the House John Boehner told Wall Street Journal columnist Stephen Moore that during negotiations over the fiscal cliff, he kept trying to tell the President that the Nation doesn’t have a revenue problem; it has a spending problem. Moore quotes Boehner as saying he repeated this message so often that the President finally responded, “I’m getting tired of hearing you say that.” Well, we’re getting tired of having to say it, Mr. President.

More Lies

The Benghazi, Libya, deceit continues. Remember when the U.S. Department of State said that four top officials resigned after the release of a scathing report on the terrorist attack that killed our ambassador and four other Americans? It turns out that wasn’t quite true. One person simply got a new job, while three others were placed on temporary leave. Representative Ileana Ros-Lehtinen (R-Fla.), chairwoman of the House Foreign Affairs Committee, blasted the deception, saying, “The discipline is a lie and all that has happened is the shuffling of the deck chairs.”

Benghazi Mistakes

Report confirms Benghazi mistakes. Well, it took more than three months, but the State Department finally released the results of an internal investigation into what actually happened during the Sept. 11 attack on our consulate in Benghazi, Libya. It concluded that our ambassador and three other Americans died as a result of “systemic failures” and “leadership and management deficiencies” at senior levels within the State Department. The report also rejected the now-discarded explanation, put forward by U.N. Ambassador Susan Rice and President Barack Obama, that the attack was the result of protests against an anti-Islamic film.

Gold Rush

Gold sales hit new highs. The U.S. Mint reports that sales of American Eagles, the popular gold coins it produces, exploded in November, hitting their highest level in more than two years. The Royal Canadian Mint says that sales of the gold Maple Leaf were also up dramatically last month. I don’t think it’s a coincidence that this follows on the heels of Barack Obama’s re-election. Do you?

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