Not One Vote For Obama’s Budget Plan


Congress finally agrees on something. Since no Democrat was willing to submit President Barack Obama’s latest budget to the House, Representative Mick Mulvaney (R-S.C.) decided to do it for them. He sponsored an alternative budget proposal based on Obama’s budget plan. What happened? Not a single legislator voted for it! That’s right, no one on either side of the aisle would say “aye.” The measure got a bipartisan rejection: 0-414.

Did they teach him this at Harvard? Earlier this week, President Barack Obama declared, “Ultimately I’m confident that the Supreme Court will not take what would be an unprecedented, extraordinary step of overturning a law that was passed by a strong majority of a democratically elected Congress.” Of course, Obamacare wasn’t passed by a “strong majority.” The actual vote was 60-39 in the Senate and 219-212 in the House. And as a guy who taught Constitutional law, Obama should certainly be aware that the Supreme Court has frequently overturned legislation that passed with much greater support. If he’s trying to influence members of the Court, I don’t think this kind of outrageous exaggeration is the way to do it.

Another reason to repeal Obamacare. The Internal Revenue Service says it will need 4,000 more agents and a budget increase of $300 million to enforce all the provisions in Obamacare. Is this what the Democrats meant when they said the bill would create thousands of new jobs?

Can Keith Olbermann get along with anybody? I was amused to see that one of my least favorite TV talking heads has been booted from another job. It seems that Current TV co-founders Al Gore and Joel Hyatt got tired of Olbermann’s endless griping and gave him the boot. Among Olbermann’s many complaints was that his limo drivers talked too much. A network insider told the New York Post that during his 14 months at Current, Olbermann “went through” eight limousine services. Picky, picky, picky.

–Chip Wood 


Personal Liberty

Chip Wood

is the geopolitical editor of 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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