Monthly Archives: October 2009

Is Obama Our Bernie Madoff?

By Wayne Allyn Root, Author
The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gambling & Tax Cuts

Can you imagine investing your life savings with Bernie Madoff now- knowing what you know? Don't laugh. Obama is orchestrating one of the great Ponzi schemes in history. Madoff couldn't have done it any better.

Let's look at the similarities. It's obvious Obama believes he has the answers to every problem, refuses to even listen to opposing viewpoints, and is unwilling to admit mistakes or apologize. Sound familiar? Obama is a Bernie Madoff. A man who thinks he is the “Master of the Universe” and the rest of us are just circling around in his orbit, serving at his pleasure.

Like Madoff he is charming, flattering, has the gift of gab, and could sell ice to Eskimos. Obama has sold the country on the idea that a man who knows nothing about business, has never created a single job and has never run even a lemonade stand, can run the
world's biggest economy.

Not only has Obama never run a lemonade stand, my guess is he was the kid who called City Hall to complain about a six year old running a lemonade stand without a government license. Now we've entrusted him with the entire U.S. economy in the midst of the worst economic crisis since the Great Depression.

Let's get back to the question "Would you trust your life savings with Bernie Madoff now- knowing what you know?" We know the government fails miserably at everything it does -- the post office, Social Secuirty, Amtrak. The government is so inept it even failed running a brothel in Nevada and New York state just declared government run OTB (Off Track Betting) bankrupt. Only the government could lose money on prostitution and gambling.

The government-run education system is a shambles- and getting worse every day. Fannie Mae or Freddie Mac prove the government can´t run the mortgage business. Bernie Madoff proved the government, with all the regulators at the SEC, can´t even watch the bad guys.

But worst of all, is their record running healthcare: Medicare and Medicaid. They are bankrupt, bleeding billions, and threatening to bankrupt the country. Yet Obama, our fearless version of Madoff, smiles and tells us "Trust Me. Forget our past failures; this time the government will be miraculously profitable. We´re even going to save a half trillion dollars from medicare fraud (ignoring the fact that government not only allowed, but encouraged the fraud in the first place, and if they could eliminate it WHY HAVEN´T THEY DONE IT BEFORE NOW?).

Only a politician could claim that spending an extra $1 trillion (or far more) will save money. If you believe that, I have a bridge to sell you in Brooklyn. I have ice to sell to Eskimos. I have sand to sell to Saudi Arabia. This has to be the greatest con in world history. We might as well be signing the papers to hand over our life savings to Bernie Madoff.

But worst of all is the cronyism and Ponzi aspects of Obama's con. He's taking notes right out of Bernie Madoff's playbook -- steal from one group to pay off his friends. And why did Bernie do it? To increase his own wealth, power, control and ego. Sound familiar? Obama is doing the same thing- the only difference being that when the President and Congress do it, it's legal.

Obama steals from taxpayers, who work hard every day and pay taxes, to redistribute it to unions and government employees who voted for him (and contributed to his campaign). He calls it “stimulus.” Obama steals from taxpayers to bailout the biggest corporations (who contribute to him). He calls it “bailouts.” Obama is raising taxes on small business owners- to redistribute it to people who never paid taxes. He calls it a "tax cut." They´re all simply a government-run Ponzi Scheme.

Obama has increased government spending by trillions, stealing from future generations to bribe the voters of this generation. And, he is paying for it by having the Federal Reserve simply print the money, thereby devaluing the U.S. dollar through inflation so that the government can pay back the debt in much cheaper dollars. That may sound reasonable until you realize that inflation is another way government steals from its citizens by making their hard earned savings worth less. That´s the very definition of a Ponzi Scheme. That's Obama's plan. It would make Bernie blush, even he didn't have the chutzpah to steal this blatantly from every American.

So the next time you hear President Obama extol the virtues of government and tell you that only government can save you…think Amtrak. Think DMV. Think U.S. Postal Service (a monopoly that loses over $7 billion annually). Think Fannie Mae and
Freddie Mac. Think about failing government-run public schools. Think about failing government-run health-care (called Medicare and Medicaid). Think about the $5.3 trillion unfunded liability for government employees. Think about the $100 trillion dollar national debt. Think brothels and gambling failing (only when run by government). Think PONZI.

And perhaps worst of all, think about the Washington Redskins. The Redskins are proof positive that nothing that emanates from Washington D.C. can ever be trusted or salvaged.

And then after thinking about all that…think about Bernie Madoff...and run for your life.

Wayne Allyn Root was the 2008 Libertarian Vice Presidential candidate. His new book is entitled, “The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gambling & Tax Cuts.” For more of Wayne's views, commentaries, or to watch his many national media appearances, please visit his web site at:

Rush Limbaugh, Freedom and the NFL

By Wayne Allyn Root, Author
The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gambling & Tax Cuts

Back in 2006, I left the Republican Party after a lifetime of support, because of their Nanny State attitude about many social issues- prominent among them their ban of online gaming. I argued at the time that this issue was the very definition of personal freedom. Any politician or political party that wants to tell us what we are "allowed" to do in our own bedrooms, on our own computers, with our own money, cannot claim to stand for limited government (or freedom for that matter).

The ban of online gaming, while seemingly a minor issue to many political activists, is actually a huge issue. It represents the lengths government will go to, to try to control (and micro-manage) our lives and our personal freedoms. The ban of online gaming represented intolerance and the violation of personal freedom. This over-reaching of power is one of the reasons that the Republican Party lost control of every level of political power in America.

Yet this latest controversy about Rush Limbaugh's attempt to buy the St. Louis Rams is an example of why the Democratic Party and liberals in this country are even worse when it comes to the issue of freedom (and free speech). NFL players- particularly black NFL players- are incensed that Rush might become a NFL owner. They are demanding that the NFL prevent Rush from owning a team. They are blaming his supposedly "racist views." NFL players obviously won't let the idea of free speech or freedom of expression get in the way of their desire to ban Rush. Afterall, no NFL player ever said or did anything to offend the sensibilities of the American public.

Liberals tend to believe that if they disagree with your opinions, you or your opinions should be banned. Or you should be labeled a "racist" thereby destroying your credibility, and possibly your career. Liberals are the Joseph McCarthy's of today. Is there anything American about the idea that someone should be banned from ownership of a NFL football team because of his or her political views?

I would never have even thought of demanding that the NFL reject the purchase of a team by someone that I disagree with politically. Have we all forgotten that free speech and freedom of thought are at the very root (excuse the pun) of why we founded this great country? You mean someone should be banned from ownership of a company in America because of their political beliefs? Which beliefs? How do we decide which beliefs are offensive?

Is this what America has become? We are no longer free to have an opinion for fear of being banned from the right to buy a business? Should Rush Limbaugh be free to own a McDonalds franchise? Afterall, something he said at one time on the radio must be offensive to some group that may one day buy a cheeseburger. Should that group demand that McDonalds ban him from ownership? Is eating the food of a conservative now banned in America?

What about Glenn Beck? Should he be banned from owning a Century 21 real estate franchise? Afterall, something he said at one time somewhere on TV or radio must offend some group that may one day buy a home. How far should we take this? Personally, I'm offended by almost everything that comes out of the mouth of George Clooney. Should George Clooney be prevented or banned from buying a movie studio (or a NFL team) because I don't approve of his political views?

And exactly what is the definition of "racism?" Last I checked freedom of speech and opinion is allowed in America. "Diversity" is a buzzword constantly bandied about by liberals. Yet they don't support diversity of thought when it disagrees with their opinions. Check schools and universities in this country. The only unrepresented group on campuses across America is conservatives. There is no diversity of thought among the elite liberal education class- obviously they believe that only liberal thought is "diverse" enough to be tolerated. So let me get this straight- if you agree with liberals, or have a radical leftist view, that is the definition of diversity and it's encouraged. But if you disagree with liberals, that is labeled "racist" and it should be banned.

Ironically, Rush Limbaugh has stated views that a large portion of American voters agree with- some might call it "the Silent Majority." Not only is Rush Limbaugh the most popular and successful radio host in the history of America, but recent national polls prove that Rush's conservative views are in the majority, not minority. A recent poll of America's political opinions proves that conservatives are in the majority in all 50 states- yes, even in Vermont, Massachusetts, and Obama's Illinois. Another detailed political poll proved that the political identification "conservative" leads "liberal" by more than 2 to 1 across this great country. And a poll out only days ago proves that of all the political "brand names" in America, only one was a landslide winner with the American public- Ronald Reagan.

So are black NFL players accusing the majority of Americans of being racist? How about the people in the stands they buy the tickets, thereby paying for the multi-million dollar salaries of NFL players- are they racist too? Are NFL players accusing one of our greatest Presidents Ronald Reagan of being racist? Because Ronald Reagan's views certainly matched those of Rush Limbaugh on most issues. Would those same NFL players demand a ban on the right of Ronald Reagan to own a team?

I call myself a "Reagan Libertarian." I am fiscally conservative and agree with both Rush Limbaugh and Ronald Reagan on most economic issues. Should I demand a ban on the right of Barack Obama, Nancy Pelosi or Harry Reid to own an NFL team because I consider their political views offensive and insulting? Should the right of a player to play on a team in the NFL be based on his political views, or his talent on the field? Why would anyone's right to own a NFL team be based on anything different?

Should the majority in a free society that values free speech and diversity be allowed to ban anyone from owning anything? Well how about the minority? The NFL players who are demanding that the NFL block Rush from his attempt to own an NFL team are clearly- based on the latest polls- in the political minority. Should a vocal minority be allowed to censor the speech or rights of the majority? That's exactly what's happening here- and it's wrong, it's offensive to me, and it flies in the face of what America is about.

The reason I became a Libertarian is because I believe passionately in freedom, free speech and free markets. I may not always agree with Barack Obama (actually I never agree with Obama), or Rush
Limbaugh, but I would fight (to the death if necessary) to defend the rights of both of them to own any business, or any NFL team they desire.

The NFL players protesting Rush's freedom had better be careful- they are moving down a slippery slope. If they are successful in limiting Rush Limbaugh's freedom, then conservatives will protest whenever a liberal political figure tries to buy a NFL team. Worse, what if the wealthy conservative-leaning fans who buy the majority of seats (and certainly the majority of the sky boxes and luxury seats) decide to boycott NFL games because they don't like the political views of the players?
I wonder how NFL players would feel about free speech in that case?

My advice- Don't open that door. Keep politics out of sports. In a free and capitalist society, if you have the money, it is your right to buy any business you want. PERIOD. What an amazing country where a radio host can earn enough success and wealth to buy a $700,000,000 NFL football team. Instead of fighting over it, or denigrating his opinions, or trying to ban his options and opportunities, we should all be celebrating Rush Limbaugh's success. God Bless America, freedom, the NFL, and Rush Limbaugh.

But hey, if it doesn't work out because of protests by black NFL players...don't despair Rush. There's always hockey.

Wayne Allyn Root was the 2008 Libertarian Vice Presidential candidate. His new book is entitled, “The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gambling & Tax Cuts.” For more of Wayne's views, commentaries, or to watch his many national media appearances, please visit his web site at:


They Really Do All Lie!

Proof That Politicians and Government Bureaucrats Lie to Us Everyday- Inspector General Finds that Paulsen and Bernanke Lied to Americans About Bailouts and Health of Banks.

By Wayne Allyn Root, Author
The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gambling & Tax Cuts

Just last week I wrote a commentary entitled, “They ALL Lie.” It referred to the controversy surrounding Congressman Joe Wilson screaming out “You Lie” to President Obama. I said that Congressman Wilson was only partially right. The fact is they all lie. Politicians of all political parties have been lying to us for many decades and we’ve accepted this. The result is a $100 trillion national debt and the worst economic crisis since the Great Depression. The result is an American economy teetering on the verge of collapse. The result is the bankruptcy and insolvency of our nation. The result is that our children and grandchildren will be enslaved to debt and high taxes for generations to come, to pay for it all.

I said in my commentary of last week that it was time to stop being so civil, humble and well mannered. It’s time for all of us to call them liars and take back our country. It’s time to V.E.T.O. the entire U.S. Congress (Vote Everyone of Them Out). It’s time to throw all the bums out. It’s time to put term limits on all incumbent politicians- whether they approve or not. It’s time to demand accountability. It’s time to find out what government is doing with our money. It’s time to shout to our politicians, “We’re not giving you another cent, until you tell us where all the money went!”

Well I was proven right just this morning. U.S. Special Inspector General Neil Barofsky reported today that Treasury Secretary Hank Paulsen and Federal Reserve Chief Ben Bernanke lied to us when they announced at a press conference last October that the nine giant banks receiving the first round of bailouts were financially healthy. This was a blatant lie. So was Treasury Secretary Paulsen’s explanation about where the emergency money was going- it turns out that the billions of dollars of taxpayer money was not used to buy up toxic assets. That program is just starting now- a year later. So where did the money go? Who has it? Why did those particular banks get the money?

So let me get this straight- Our own government lied to us about the health of our banks….about where the money was going…and we still don’t know the specific details of who got the bailout trillions…or how much they got…or what it was used for. The excuse used to justify the outright lies by Treasury officials this morning was “the extraordinary circumstances” of last Fall’s financial meltdown.

That’s the “excuse of the day” for this particular lie. But what about all the other lies told to taxpayers about all the other programs for the past century? What’s the excuse for those blatant lies? Or how about the lies Obama, Reid and Pelosi tell us every day about government-run universal healthcare, or cap and trade, or card check, or the wars in Iraq and Afghanistan? There’s always a new lie or rationalization to explain every government decision to spend our taxpayer money.

The lies never end. The reasons are always the same: “We know what’s best for you.” “It was extraordinary circumstances.” “It was necessary to protect you, or the country, or the economy.“ “Government knows best.” Really? So how come we are $100 trillion in debt? I guess we could have survived without those programs. Perhaps we’d be in much better financial shape without those programs…without those lies…without those politicians. Perhaps the politicians are the problem, not the solution. Perhaps government is the problem, not the solution. Perhaps government doesn’t know best. Perhaps if they lie to us under “extraordinary circumstance,” they’ll lie under ordinary circumstances too. It’s time to stop accepting the lies and excuses and rationalizations. It’s time to stop trusting that “government knows best.” We’re $100 trillion in debt- almost two times world GDP (all the money earned in the world each year). We couldn’t possibly have done any worse.

Yet nothing changes. Just days ago Congress voted down a bill that would have demanded that all bills before Congress be published online for 48 hours before a vote- so the American people had a chance to actually read them before they are voted on. What a concept. I’m sure this made Congress laugh. Why on earth would the American people read the bills, when Congress doesn’t ever read them?

No wonder we are $100 trillion in debt. We have liars, thieves and conmen running the government. We have czars running the government- unaccountable to the peasants (ie the people). We have a Federal Reserve running the economy and printing dollars, without authority or accountability. And politicians lying to us, because they think they know best.

Well it’s our money. It belongs to the taxpayers- not the politicians. Don’t count on us being docile, or quiet, or ignorant anymore. From this day forward, we are demanding an accounting of where our money goes, who gets it, and exactly what they’re using it for. The days of lies and secrecy are over. It’s time to throw civility and manners to the curb. It’s time to shout with rage and passion:


Wayne Allyn Root was the 2008 Libertarian Vice Presidential candidate. His new book is entitled, “The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gambling & Tax Cuts.” For more of Wayne’s views, commentaries, or to watch his many national media appearances, please visit his web site at:



Obama Desperately Needed Olympics to Distract the Masses from Deepening Economic Disaster.

By Wayne Allyn Root, Author
The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gambling & Tax Cuts

Experts love to say that certain big companies and banks are “too big to fail.” The reality is our federal government is too big to succeed. It's all going down in flames for Obama- “the anointed one.” He has proven once again that government spending has failed miserably. The economy continues to crumble. Unemployment continues to rise (another 200,000+ announced today). The full (ie truthful) unemployment picture is now at a unimaginable 17%. Sales of cars- without the “Cash for Clunkers” giveaway- continue to collapse. Banking experts know that a new wave of residential housing foreclosures is on the way. Worse, a complete collapse of commercial real estate is starting, as landlords of office buildings, strip malls, and shopping centers hand the keys to banks. How do I know? It's happening now in Las Vegas- and we all know “what happens in Vegas, doesn't stay in Vegas.” Consumer spending is getting worse- small business owner friends of mine report sales are dropping off a cliff- the worst they've seen yet in this 2 year depression.

As the economic disaster deepens, the White House and Fed lie to us all and tell us that the recession is over. It's either ignorance, delusion, irrational exuberance, or outright fabrication. You decide.

I believe the bad news above is a sign that not only is the recession not over, but the pain is deepening. We are not at the end, but rather only at the beginning. Before this is over, it will be called “The Great Depression II” in the history books. All of Obama's big government intervention has failed. Worse, his irresponsible and incomprehensible spending has made it far worse. Government screws up everything it touches- only this time it is our economic future on the line.

And President Obama's reaction to the dark storm clouds approaching? He chooses to fly off to Denmark to lobby for the Olympics. Huh? Is this man kidding? Think of all the wasted airplane fuel that will contribute to global warming- all for a one day trip to discuss…sports? What, no furor from liberal environmentalists? What a surprise.

My educated guess is that Obama and his cynical political advisors desperately needed this victory. They realized that Obama's sinking polls needed an instant boost to stop the bleeding. Worse, they desperately NEEDED to be awarded a Chicago Olympics as a distraction for the masses because of what is coming down the road- economic Armageddon. But Obama's latest weapon of mass distraction is now scuttled.

What would the Olympics have meant for Obama? More “Weapons of Mass Distraction.” More government spending of money we don't have. More rip-off of American taxpayers and future generations of our children. More bribes and payoffs for Obama's corrupt friends in Chicago. More overpaid jobs for Obama's union cronies. And one giant distraction for those Americans too ignorant to understand that Rome is burning, while they are distracted by the pageantry of a meaningless Olympic event.

Well it didn't happen. We got lucky. The world saved us from another event that would plunge us even further into insolvency and bankruptcy. Even Obama's global fans are getting sick of “the Anointed One.” This Olympic rejection was an embarassing global slap in the face. The world just handed Obama the worst defeat of his Presidency. He must be in shock. My advice: Get used to it Mr. President- I have a gut instinct that far worse news is coming down the road.

Wayne Allyn Root was the 2008 Libertarian Vice Presidential candidate. His new book is entitled, “The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gambling & Tax Cuts.” For more of Wayne's views, commentaries, or to watch his many national media appearances, please visit his web si