Personal Liberty Digest

Latest From Wayne Allyn Root March 7, 2013 How Mitt Romney Can Save The GOP… And America » The man whose mediocre Presidential campaign almost sunk the entire GOP can now save it. Even better, the same Mitt Romney, now an unelected private citizen, can also save Detroit — and, by doing so, prove the conservative model for the U.S. economy works and become an American hero. More » Freedom Watch Adios, Hugo! » Venezuelan dictator Hugo Chavez, darling of the American left, has passed away. Today, Democrats from San Francisco to Midtown Manhattan struggle to come to terms with their grief and disbelief. How can there be justice in the universe if a people’s hero like Chavez has been taken from us so soon? More » Personal Liberty News Sequester Email: ‘Make Sure You Are Not Contradicting What We Said The Impact Would Be’ » An administrator with the U.S. Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) was cautioned by superiors this week not to distribute reduced funding from last week’s sequestration spending cuts in a way that mitigates the measure’s supposedly dire effects. More » Rand Paul Warns Of Domestic Drones In Presidential Hands » On Wednesday, Senator Rand Paul (R-Ky.) spent hours filibustering in opposition to U.S. drone policy as he delayed the nomination of John Brennan to the top position at the CIA. Paul began his filibuster promising to speak until he could no longer speak. More » Proof: Obama’s Always Wanted To Grab Your Guns » A former academic peer occasionally used to talk public policy with President Barack Obama, back when the two were faculty members at the University of Chicago in the mid-1990s. More » Hate Group Outs ‘Hate Groups’ » The Southern Poverty Law Center, an organization notorious for grouping conservative Americans categorically with racist hate groups, released a report earlier this week claiming that “conspiracy-minded antigovernment ‘Patriot’ groups on the American radical right reached an all-time high in 2012” and pose a major threat to the Nation. More » Bob Called It The Stock Market (Bob began publishing his monthly newsletter The Bob Livingston Letter™ in 1969. The following is an excerpt from the March 2000 issue. Bob was one of the first writers to warn of the coming crash in the housing markets and lay the blame on the steps of Fannie Mae and Freddie Mac. He forecast exactly where we stand today.) The credit bubble is still growing — some day it will burst… Two biggies are Fannie Mae and Freddie Mac. Combined they have $1.6 billion reserves to cover 1000 times that much debt that they created. Add to this the credit being created by Wall Street and major corporations like GE Credit, GMAC, Ford Motor Credit, etc. Just get this: While the Federal Reserve has increased its reserves by $70 billion in the last 21 months, the above have created credit in excess of $521 billion. Mind you, these artists call debt “assets.” Economists are so used to calling debt “assets” until they are oblivious to the underlying horror. Do not be misled into believing that only banks create credit.  More »