Is Democracy really all its cracked up to be? Does Hong Kong really need it? That’s the question Chris Campbell ponders today as he observes the protests in Hong Kong. Hong Kong has enjoyed low taxes, free business and trade, and high social freedom without our favored system of governing.
One CIA insider visited our Baltimore HQ yesterday. While here, he leaked 30 potential events to cause the next financial avalanche. Even more, he also gave us several ways everyday Americans can thrive because of these events. Why did he impart so much valuable information? Find out in today’s Laissez Faire Today. Read on…
Instead of letting you choose, the government has found it fit to force one potentially dangerous medication on you and your family. Where is it? In your drinking water. Even more outrageous: While Uncle Sam forces medication down your throat, he also says you have no right to choose your own milk. Chris Campbell has all the details. Read on…
ISIS’ spokesperson is a kid from Calgary who wants to “paint the White House black.” In today’s Laissez Faire Today, Chris Campbell asks one question none of the “officials” seem to care to ask: Why? Why are foreigners flocking to the Middle East to fight alongside ISIS? Why is Saudi Arabia so keen on getting involved? How far does Obama really want to go? Find out inside. Read on…
If you’ve ever wanted to expose some heinous crime against humanity, here’s your chance. In today’s Laissez Faire Today, Chris Campbell shows you how to make sure the world accesses to your leaks, even if something happens to you. Chris also shares why this is probably a terrible idea. Read on…
America has about 4% of the world’s population, yet houses 25% of the world’s incarcerated. What’s going on here? Chris Campbell digs deep into the industry to figure out the truth. While many blame the private prison industry, the real culprit, says Chris, begins right outside your door. Read on…
When Obama first announced U.S. airstrikes in Iraq, most people have no idea that it was to destroy U.S. military equipment in the hands of ISIS. How did ISIS get U.S. weapons? Chris Campbell blows the story wide open in today’s Laissez Faire Today. Read on…
Every 37 seconds, an American is arrested and criminalized because of one racist and ridiculous law. Join Chris Campbell as he takes you back to when marijuana became illegal… why it’s hurting America… and why you should fight to end the prohibition. And it’s not so you can smoke it. Read on…
Think it’s impossible to escape Obamacare? Think again. Laissez Faire Today reader David F. shares how he did it and how you can do it too. Don’t see another doctor, take another pill, or shop around for better medical insurance until you read his story. Read on…
“While I heartily subscribe to your premise of pursuing one’s dream,” one reader, Donald J., wrote, “there are alternate perspectives worth considering.”[We’re listening… go on.]“Some wiseguy once said that life is what happens to you while you’re waiting for something better to come along. Milton put it a little more poetically in one of his […]
“Where were you when it happened?” How many times have we been asked -- and asked -- this question since 2001? Today, Chris Campbell asks us to pose a different question: What can I do today to making Sept. 11 another turning point in my life? And then, of course, taking that first step. Read on…
Want to get rich? Don’t listen to financial “gurus,” says Chris Campbell. In today’s Laissez Faire Today, Chris shares a Zen proverb and shows how understanding it is the only real way to get rich (and live a rich life). Read on…
Ben Franklin once said, “An ounce of prevention is worth a pound of cure.” In today’s Laissez Faire Today, you’ll learn about one FREE website that has the potential to not only keep your family safe – but also open your eyes to what’s happening in your own neighborhood. Chris Campbell has all the details. Read on…
Hundreds of pictures of nude celebrities were leaked onto the Internet last week. The mainstream is blaming twenty-something hackers, but according to Chris Campbell, everyone must’ve already forgotten what we learned about the NSA only a year ago. Read on…
The fireflies along the tidal rivers of Malaysia show "feats of synchrony that occur spontaneously, almost as if nature has an eerie yearning for order." Chris Campbell tells you where else this might occur in the world. Also, new technology may revolutionize the agriculture industry and what we think of as a farm.
Jeff Davis is running for Governor in Hawaii and has an interesting campaign strategy. Also, what motivates hackers is revealed and the findings might surprise you. Finally, Ferguson is discussed in a new light. Chris Campbell has more...
The so-called recovery is only built on debt and printed cash declares our own Byron King. In the long term, the only option for the government to continue financing it's operations is to print too many dollars. Money printing has it's limits, however. It's Byron's opinion that at some point, perhaps very soon, the government will have to turn to more desperate measures. Namely, capital controls. In the following featured essay, Byron outlines 4 probably ways the government will take your cash and one play you can buy through your broker to prepare today. Read on...
Americans expatriate because they want to get out of the country. Corporations expatriate for similar reasons. Clem Chambers explains...
Say goodbye to your boring morning commute. New technologies are changing the way people drive their cars. It’s making them safer, more fuel efficient, and could reshape the way America builds its roads and cities. The only thing that could stand in the way...
In a 2009 article, the Huffington Post went into considerable detail about the number of people with PhD degrees in economics employed by the Board of Governors of the Federal Reserve System. This is the government’s branch of the Federal Reserve. It is not one of the 12 regional Federal Reserve banks, all of which […]
The U.S. dollar is the dominant global reserve currency. All markets, including stocks, bonds, commodities, and foreign exchange are affected by the value of the dollar.The value of the dollar, in effect, its “price” is determined by interest rates. When the Federal Reserve manipulates interest rates, it is manipulating, and therefore distorting, every market in […]
When the NSA surveillance news broke last year it sent shockwaves through CERN, the particle physics laboratory in Switzerland. Andy Yen, a PhD student, took to the Young at CERN Facebook group with a simple message: “I am very concerned about the privacy issue, and I was wondering what I could do about it.”There was […]
The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance or the get-rich-quick adventurer. They will die poor.– Jesse Livermore, How to Trade in StocksThe trouble with capitalism’s guardians is that they have no […]
Let’s head back in time…In 2004, a mere decade ago, the US national debt rang the register at $7.4 trillion. That represents “debt per citizen” of over $25,000. You, me, your neighbor, your 4-yr old grandson, you name it and they’re portion of the U.S. debt is $25k.But flash forward to today and you’ll see […]
John Foust, a Democrat running for the 10th congressional seat in Northern Virginia, is — like Gov. Terry McAuliffe and other state Democrats — gung-ho to expand Medicaid. His wife’s position is, shall we say, a bit more nuanced.Foust has slammed his opponent, Republican Del. Barbara Comstock, for her opposition to expansion. He has spoken […]
The midterm election season is upon us, and it’s a tossup whether the Republicans will win the Senate, or if President Obama, seemingly oblivious as conflict flares up around the world, will, through his continuous campaigning, keep Harry Reid in his majority leader seat.The only thing we know for sure is that sociopaths will be […]
Alexander Hamilton was America’s first Secretary of Treasury under President George Washington. When he first entered office in 1789, America was an agricultural nation of just 4 million still broke from its financially costly victory over the British Empire in the Revolutionary War.The states had accumulated relatively massive debts to finance that war, which mostly […]
I have come to the point that I cannot believe a thing President Obama says. That’s not quite the same as saying I don’t believe anything he says. When he speaks he may be telling the truth, he may not be, or he may be parsing his words to mislead. But it’s impossible to know which is which?
It has been his pattern since, well, forever, as John Heilemann and Mark Halperin demonstrate in their excellent book on the 2008 presidential election, Game Change.
One revealing passage recounts Obama’s decision to run for president. The authors quote him in 2005 telling Senate Chief of Staff Pete Rouse, “I can assure you there’s no way I’m running [in 2008].”
In 2006 he told Meet the Press’ Tim Russert that he would “absolutely” serve out his full first term in the Senate. “So you will not run for president in 2008?” Russert is quoted as asking. “I will not,” Obama answered.
Later, Obama-confidant Valerie Jarrett questioned him about the absoluteness of his response. Heilemann and Halperin quote Obama as saying, “You can always change your mind.”
Yes, you can, and have, Mr. President, which partly explains the public-trust deficit. Thinking people who reflect and debate issues do sometimes change their mind. (I know I do.) But dissimulators can also use it as an excuse to dismiss previous statements to the contrary.
Does anyone — ANYONE — really believe Obama wasn’t virtually certain he would run for president in 2008 even though he absolutely denied it to Russert? So how does one know when the president means what he says vs. plans to become a “mind-changer”?
With respect to Syria, the president tells us there will be no U.S. boots on the ground. Um, would that be like:
- If you like your health coverage you can keep it. Most people won’t be able to
- Health insurance premiums for a family would be $2,500 lower by the end of his first term in office. They were actually about $3,000 higher
- The Obama administration was not responsible for proposing the budget sequester idea. Washington Post reporter Bob Woodward challenged this claim and forced the administration to backtrack
- Money from the nearly $800 billion stimulus package would be spent on “shovel-ready projects” and unemployment would drop to 5.3% by the end of his first term. The president later conceded the projects weren’t as shovel ready as he had hoped and unemployment was 7.9%
- There was nothing Obama could do about Benghazi. Subsequent revelations and congressional testimony have shown just how disengaged or disinterested the administration was
- The Justice Department told a judge that Fox News reporter James Rosen was a “co-conspirator” and a security threat? The DOJ later apologized and tried to make amends with Washington reporters
- That Attorney General Eric Holder didn’t know about the Fast and Furious gun-running program? Investigators have found documents confirming that he did have knowledge.
Or how about when Obama told Fox News host Bill O’Reilly that he hadn’t raised taxes when there were 21 new or increased taxes in Obamacare alone. Or when he claimed that he didn’t draw the “red line” with respect to Syria, the international community did, when it is very obvious from his taped statements that he alone drew the line.
And when Obama or his team aren’t asserting something that is demonstrably false, they are frequently making claims that might be technically true, but are intended to mislead.
For example, during the last presidential campaign the president attacked his critics because they claimed that the size of government had grown under his watch when it had actually decreased.
The fact is that the number of federal employees had increased significantly, while the number of state employees had declined, primarily because of tight state budgets. Taken together the total was smaller. But the president had no control over the hiring and firing of state employees. So while that number declined, he had nothing to do with it. Where he did have control, federal employees, that number had grown.
Take another example. The president criticized his opponents for saying he was against drilling for oil and gas. He then boasted that oil and gas production have been higher than ever under his administration.
Yes, but the vast majority of that drilling has been done on private land — where the president has no control. As for drilling on public lands, which his administration does control, drilling was significantly lower.
Was what Obama claimed a lie? Not technically, but neither was it the truth, because it was purposely intended to mislead.
These are only a few of the many, many instances where Obama or his minions have been caught in false, deceiving or misleading statements — even under oath. It has become so pervasive that people have grown very skeptical of the president’s assertions.
Yet amazingly, some of those same skeptics now defend Obama’s claim that U.S. troops will not be used in Syria. Would that be like his absolute denial to Russert? Maybe Obama means it, or maybe he’ll change his mind. No one can know for sure.
The country needs to be able to trust a president and his staff and believe what they say. But that’s not the case anymore. Maybe Heilemann and Halperin would have better captured the moment if they had named their book Mind Change.
Original article posted here