More On The Lying Liars, Idiot Dictators And T(Sl)ime Magazine

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*Obama’s lying liars and the Federal debt. I caught a lot of flak three weeks ago for my Straight Talk column about raising the debt ceiling. Some of Obama’s apologists didn’t like my title, which I just repeated. But consider something I didn’t include in that article: The Obama Administration took ownership of two long-time money-losing operations known as Fannie Mae and Freddie Mac. Together, these corrupt lenders are on the hook for $5.6 trillion in debt. (That’s T as in “terrible.”) But guess what? Thanks to some fraudulent bookkeeping on the part of Uncle Sam, not a penny of this shows up in an accounting of Federal debt. But you’re on the hook for every penny of it, Mr. and Mrs. Taxpayer.

*The idiots who ruled Egypt learn a lesson. So it’s so long to Hosni Mubarak, Egypt’s tough-guy dictator for the past 30 years. We were supposed to like him because he was allegedly tough on Muslim extremists. Of course, he was also tough on Christian evangelicals, conservative traditionalists and any young people who wanted a taste of freedom and self-rule. Of all the dumb things he and his cohorts did, though, trying to ban the Internet might have been the stupidest. That’s like King Canute ordering the tide to recede. I don’t know what the future will bring in that often unhappy land. But hopefully it will be a smarter, better ruler than the idiot who just got deposed.

*Time magazine continues its legacy of falsehoods. Back in the day when I made a few bucks traveling around the country giving speeches, I liked to refer to Time magazine as slime. I told my audience I wouldn’t trust the page numbers in it unless I counted them myself. But even Slime outdid itself on a recent cover, when it Photoshopped a photograph of Ronald Reagan embracing Barack Obama. Coming right before the nation commemorated what would have been Reagan’s 100th birthday, that’s pretty despicable even for such a rotten, lying, liberal rag.

–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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