More For Less

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This puts it in a nutshell. From a recent column by Ann Coulter: “Since Obama has been president, everything you own — your home, pension, savings accounts, weekly paychecks — are all worth less. Meanwhile, everything you need — gas, food and anything else that requires fuel to be transported to you — costs more.” I couldn’t have said it better myself.

Gee, just like the government. There’s a report out of Washington that the Barack Obama campaign has taken out a $15 million loan from Bank of America to finance some last-minute advertising against Mitt Romney. According to the story, the loan comes due on Nov. 14 — eight days after the election. Wonder who will pay it if he loses?

One less thing to worry about. Have you heard the rumor that Harry Reid will try to jam the U.N. Law of the Sea Treaty through the Senate during a lame duck session in November? Apparently, it’s not going to happen. Two of my favorite Senators, Mike Lee (R-Utah) and Pat Toomey (R-Penn.), have gotten 35 other Senators to sign a letter promising to oppose any such efforts. Since a treaty requires approval by two-thirds of the Senate, this should be enough opposition to block ratification this year. But don’t relax; as you know, the left never gives up.

How much would George’s house fetch? The Wall Street Journal asked an appraiser to estimate the value of some historic properties. Thomas Jefferson’s home, Monticello, and its land were valued at $106.4 million. Mount Vernon, where George Washington lived, was appraised at $150.2 million. And hold onto your hats: The appraiser said the White House and its 18.8 acres are worth a staggering $1,457,736,190. By the way, none of these estimates include anything for the “historical significance” of the properties, since the appraiser said those numbers would be impossible to determine.

–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.