Put Up Or Shut Up

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Please, Warren, shut up. Are you getting as tired as I am of hearing Warren Buffett spout off about how the rich should pay more in taxes? Rather than annually giving billions of dollars to the Bill and Melinda Gates Foundation, which lowers his taxes even more, why doesn’t he just write a check to the U.S. Treasury? The truth is, every dollar Buffett gets in dividends has already been taxed 35 percent by the government. If you add that to the supposedly meager taxes he pays personally, it comes to a lot more than his poor secretary forks out. And what really riles me is that Buffett knows this.

Not even the Democrats like Obama’s jobs bill. The Democrats are sitting on a filibuster-proof majority in the U.S. Senate. So why hasn’t Harry Reid pushed through Obama’s much-ballyhooed (and utterly phony) jobs bill? Because the Senate Majority Leader knows too many Democrats won’t support it. Of course, our Prevaricator in Chief ignores this when he blames Republicans for not passing it. He knows telling the truth won’t get him re-elected.

Are you ready for a chat-down? Word is that some agents of the Transportation Security Administration are being trained in a new and gentler method of spotting potential bad guys (and gals). Instead of a pat-down during airport screening, get ready for a “chat-down.” The theory goes that asking a bunch of questions could help identify potential security risks. No, you’re not allowed to reply with just name, rank and Social Security number.

Of course, there’s no editorializing here. Let me quote, in full, the question Washington Post reporter Karen Tumulty asked Representative Michele Bachmann during a recent Presidential debate: “Congresswoman Bachmann, three years after the financial meltdown, Main Street continues to suffer. People have lost their jobs, they’ve lost their homes, they’ve lost their faith in the future. But Wall Street is thriving. The banks not only got bailed out by the government, they have made huge profits, they’ve paid themselves huge bonuses. Do you think it’s right that no Wall Street executives have gone to jail for the damage they did to the economy?” Does anyone see any bias and political posturing here? Apparently, her bosses at The Post don’t.

–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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