Obama’s Revenge

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Are you ready for a little revenge? At a campaign rally the day before the election, Barak Obama told the crowd that “voting is the best revenge.” Really? What a strange thing to say. Now he’s got me worried about who he wants to take revenge on. Oh, I know: It’s all those “millionaires and billionaires” who aren’t paying their fair share. I guess we’d better get ready for the tax bite to cut a lot deeper.

A really expensive miss. Nobody has spent more money with less success to win a seat in the Senate than Linda McMahon, co-owner of WWE (World Wrestling Entertainment, Inc.). According to reports, the wrestling magnate dumped close to $100 million of her own money into her two campaigns for a Senate seat in Connecticut. This past Tuesday, Christopher S. Murphy handily defeated McMahon in the race for the seat being vacated by the retiring officeholder, Joe Lieberman.

So much for the Redskins Rule. No, I’m not talking about victories on the field by the NFL football team, but an interesting series of coincidences. If the Redskins won a home game before a national election, the Democrats won the Presidency. While if the team lost, so did the Democrats. According to the theory, the Redskins’ loss to the Carolina Panthers on Sunday meant that Barack Obama would lose, too. To the dismay of some 60 million Republicans, that turned out not to be true. Another theory goes down the drain.

A little political propaganda here. On Monday, the day before the election, CNNMoney’s article “Election 2012: What about the poor?” left no doubt what it meant: “One wants to strengthen the nation’s existing safety net. The other wants to overhaul it. President Obama and challenger Mitt Romney have vastly different views on how to help the 46.2 million Americans in poverty.” What the story doesn’t say, of course, is that Romney does his charity privately and personally, while Obama wants to force all taxpayers to “do the right thing.” What about the likelihood that the poor’s fate rests more with themselves than with any politician? Of course, that possibility is not mentioned at all.

–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.