‘Even Obama Is Doing Worse Under President Obama’

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Thanks for the laugh, Jay. Jay Leno cracked me up last week with this observation in his opening monologue: “President Obama released his tax returns. It turns out he made $900,000 less in 2011 than he did in 2010. You know what that means? Even Obama is doing worse under President Obama.”

Fudging the unemployment numbers. Barack Obama’s supporters have been bragging that the unemployment rate dropped to 8.2 percent in March. But a closer look at the numbers reveals that only 120,000 new jobs were created last month – 58 percent fewer than experts had predicted. The reason the unemployment rate dropped is that 164,000 discouraged Americans quit looking for work at all. Heck, if every unemployed person would stop looking for work, the unemployment rate would drop to 0.

Lost luggage drops dramatically. Here’s good news for frequent flyers: Your luggage is a lot more likely nowadays to arrive at your final destination when you do. SITA, a Swiss airline consulting firm, says the rate of mishandled bags has fallen from 18.88 per 1,000 passengers in 2007 to just 8.99 last year: a 52.4 percent decline. And most bags that go astray are found and delivered within 48 hours. It’s no surprise that the more connections you have, the more likely that you and your luggage will get separated.

Talk about bias in the media. Media Matters for America, the leftwing organization funded by George Soros, says it was formed to oppose the “biased” national media. And just what biases will it counter? The group’s application for tax-exempt status read: “It is common for news and commentary by the press to present viewpoints that tend to overly promote corporate interests, the rights of the wealthy, and a conservative, Christian-influenced ideology.” Right. Is there anyone anywhere who actually believes the national media are biased in favor of free enterprise and “conservative, Christian-influenced” values?

–Chip Wood

Personal Liberty

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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