What Happens Now?


No justice at Justice. Surprise, surprise. The Justice Department announced last Friday that it will not prosecute its boss, Attorney General Eric Holder, for contempt of Congress. Deputy Attorney General James Cole sent a letter to House Speaker John Boehner declaring that “We will not prosecute an executive branch official under the contempt of Congress statute for withholding subpoenaed documents pursuant to a presidential assertion of executive privilege.” What happens now? My bet is a lot of bluff, blustering and rhetoric, but not much else.

Encouraging people to steal. An op-ed article in The New York Times several months ago carried the subhead “Why I stole Wi-Fi for years – and you should, too.” The author claimed that her neighbors’ decision to leave their Wi-Fi networks password-free “was essentially a gift, an ethereal gesture of kindness.” Sure it was.

More proof the free market works. Here’s an amazing statistic: The southern white rhinoceros, which was almost extinct a century ago, has enjoyed an amazing comeback. There are now an estimated 20,000 of the beasts in Africa. What made the difference? Encouraging private ownership of the animals. This promoted breeding, permitted controlled trophy hunting and even allowed rhino horns to be harvested humanely. (They grow back.) As a result, death from poachers, starvation and natural predators has all but disappeared.

A dramatic way to make the point. College students who want to show how offensive it is to base anything — including student admissions — on race have been known to organize a treat of an event: affirmative action bake sales. Wikipedia states: “A typical pricing structure charges $1.00 for White and Asian males, $.75 for White and Asian females, $.50 for Latino, Black, and Native American males and $.25 for Latino, Black, and Native American females.” The protests have taken place at many campuses across the country, much to the dismay of liberal groups and some college officials.

–Chip Wood   


Personal Liberty

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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