Monthly Archives: January 2012

Wayne’s Newest Commentary at Forbes.com

Why Community Activists Shouldn’t Run the U.S. Economy:

Click Here To Read

 

Biggest Rebuke Ever for Mainstream Media


 

By Wayne Allyn Root, Former Libertarian Vice Presidential Nominee



Newt Gingrich may have won South Carolina. But this wasn’t a Newt victory, as much as it was a devastating rebuke to the national media.

 

Study the poll numbers. Yes, Romney really dropped the ball with the tax return issue and the 15% capital gains issue, but the numbers started flipping from a Romney landslide to a Newt Gingrich landslide only after the ABC television interview with Newt’s ex-wife. And voters made the final decision to change their votes only after hearing Newt strongly and courageously scold and shame the media in the South Carolina Presidential debate on Thursday.

 

Make no mistake about it- this was a resounding rebuke of the mainstream media. They were kicked in the teeth.

Read on. I’ll tell you why they deserved it.

 

America may hate politicians, they may hate Congress, they may even give Obama among the lowest ratings in modern history at this point in a Presidency. But the media has now sunk to even lower depths than the politicians.

 

And deservedly so.

 

Only days ago I pointed out what a travesty it was that the media sharks were in a feeding frenzy to destroy Romney over taxes, Gingrich over ex-wives, and Ron Paul over 20 year old newsletters, but seemed to lack the same level of enthusiasm about Obama’s mysterious past. But the biased leftist media doesn’t care. Par for the course.

 

This same mainstream media also snickers at the idea that Obama is a socialist. Funny how they ignore a brand new Pew poll that proves that liberal Democrats not only favor socialism over capitalism, but by a wide 59-33 margin they see socialism as a positive. Even more shocking is that the same poll proves that a large majority of African American voters (Obama’s staunchest supporters), by a 55-36 margin, also see socialism as a positive. Shouldn’t alarm bells be ringing in the mainstream media?

 

Well, the alarm bells aren’t ringing for a good reason. The mainstream media is made up of radical, extreme, progressive leftists who also see socialism as a positive. Want proof? Let’s head back to my Columbia University days. You know, the same place where my classmate Barack Obama was indoctrinated…oops, I mean educated…in the philosophy of radical socialism.

 

Something extraordinary happened on March 30, 1981 at Columbia University. I was sitting in the biggest political science class at Columbia University. Perhaps 200 or more students in a theatre in the round. If Obama was attending Columbia at the time, as he claims, and he was a Political Science major, as he claims, he would almost certainly have been in this class.

 

On this date in history my hero Ronald Reagan was shot. The reaction in that large political science class that day tells you all you need to know about the media. Because all these years later, when I read Columbia College Today magazine, with updates on my classmates’ careers, it is extraordinary how many of them are now leading members of the mainstream media.

 

As I sat in class that day listening to the professor lecture, a strange loud noise came from the back of the room. The entire class turned around. The doors in back burst open and a breathless student ran in and screamed, “They just shot Reagan. President Reagan has been assassinated.” Can you imagine what the response was at that moment of horror from the future leading members of America’s media? Take a wild guess.

 

A standing ovation. Wild celebration. High fives. Cheering. Fists pounding the air. My classmates were jumping up and down and hugging each other like they had just won the lottery. It was the happiest day of their lives! And I can’t forget the words wafting through the air in the midst of this celebration, “YES, they killed that bastard Reagan!”

 

Reagan was my hero. He felt like a second father to me. I got sick to my stomach and ran out of the class. I raced into the bathroom and vomited, then sat on the bathroom floor with tears streaming down my face. I thought my hero President Reagan was dead. Worse, I realized my ultra-liberal classmates were not just your run-of-the-mill leftists. They were socialists and Marxists who openly hated America, despised capitalism, and were cheering for the death of a man simply because he was a conservative and capitalist. I was dazed, disgusted and disillusioned.

 

Please keep in mind that many of these same men and women now run the American media. They are at the very top of many of the most important television news shows and news organizations. And they proved that day (and throughout my 4 years at Columbia) that at their core they despise conservatives, conservatism, patriotism, and the exceptionalism of America.

 

This is the same media expected to give a “fair shake” to a conservative Presidential candidate like Mitt, Newt or Ron Paul? Not a chance.

 

Now you know why the media is so desperate and obsessed with digging up dirt on Newt’s ex-wives, Mitt’s old taxes, or Ron Paul’s 20-year-old newsletters. But this same media seems to have no interest in digging up Obama’s mysterious and questionable past. They sit across from Obama, tingling, lobbing softball questions, while gazing into their fellow socialist’s eyes. Now it all makes sense. Now the pieces of the puzzle fit.

 

The sudden turnaround in South Carolina after a media “hit piece” on Newt is the first sign that the American people are finally starting to understand how biased the media really is.

 

Now you know why the mainstream media had their teeth kicked in on Saturday in South Carolina.

 

And…they deserved it.

 

 

 

Wayne Allyn Root is a former Libertarian vice presidential nominee and the author of “The Conscience of a Libertarian.” He now serves as Chairman of the Libertarian National Campaign Committee. He is a regular guest on Fox News and hundreds of radio shows across America. He is also a gun-slinging, riverboat gambling, entrepreneur and capitalist evangelist. His web site: www.ROOTforAmerica.com

 

 

The Perfect Political Trade: Obama’s College Transcripts for Mitt’s Tax Return


 

By Wayne Allyn Root, Former Libertarian Vice Presidential Nominee

 

 

Timid Mitt Romney is in trouble again. He just can’t get out of his own way. Didn’t he ever think, “If I run for President, I’ll have to release my tax return?” You’d have to be a fool not to understand this is the standard for all Presidential candidates, right? And to withhold your tax return, but sheepishly admit you pay a 15% tax rate was another terrible mistake by weak-willed Mitt.

 

Romney needs to boldly declare that paying taxes on capital gains and dividends is not a crime. Romney’s multi-million dollar investments in businesses, stocks and real estate create jobs for many Americans. And his real tax rate is much higher than 15%, because the corporations he helps to fund, pay taxes on their earnings before he sees a dime. Is Romney just a helpless, plastic automaton, unable to fight back? Does he have any cajones?

 

But let’s set all this aside for the moment. And examine a much more important question. Why do the media give Obama a free pass? Why has no one pressed Obama to release his big mystery- his college transcripts? I’ve believed all along that Obama has a big problem that he is hiding. I’ve believed all along it is not his birth certificate. It’s his college records. Why are they sealed?

 

If anyone should have questions about Obama’s record at Columbia University, it’s me. You see, I’m Obama’s college classmate.

 

We both graduated (according to Obama) Columbia University, Class of ’83. We were both (according to Obama) Pre-Law and Political Science majors. And I thought I knew most everyone at Columbia. I certainly thought I’d heard of all of my fellow Political Science majors. But not Obama. I never met him. Never saw him. Never even heard of him. And I’ve never met anyone at Columbia who ever met him, saw him, or heard of him. Worse, the Wall Street Journal reported in 2008 that Fox News randomly called 400 of our Columbia classmates and never found one who had ever met Obama. Strange set of circumstances, don’t you think?

 

Now all of this mystery could be easily and instantly dismissed if Obama released his Columbia transcripts to the media. But he never has. Even after serving as President for three years. Even after all the rumors and whispers that something in his college years is amiss. He still won’t unseal his records. Shouldn’t the media be as relentless in pursuit of Obama’s records as Romney’s? Shouldn’t they be digging for Obama’s dirt with the same boundless enthusiasm as Mitt’s?

 

The first question I’d ask is, if you had great grades, why would you seal your records? Who would hide Straight A’s? So let’s assume Obama got straight C’s and D’s. Why not release the records? He’s President of the free world, for gosh sakes. He’s commander-in-chief of the U.S. military. Who’d care about some bad grades 30 years ago, right? So then what’s the problem? Doesn’t that make the media suspicious? Something doesn’t add up. Something smells rotten about my invisible classmate at Columbia.

 

Secondly, if this is just about bad grades, how’d he get into Harvard Law School with bad grades? I had excellent grades, yet my Columbia guidance counselor told me I shouldn’t even bother to apply to Harvard Law. It would be a waste of time against such brutal competition. So I passed on Harvard Law. Yet my classmate got into the finest law school in the world with awful grades that he’s embarrassed about? How? Who let him in? Why?

 

Third, it’s been in the news that classmates at Obama’s first college, Occidental, claimed he had awful grades at Occidental. So please tell me how he got into Columbia, one of America’s Top 5 universities? Not just got in, but transferred in. My understanding is that Ivy League schools only let in a handful of transfers each year. So why would they let in a kid with poor grades from an average college like Occidental? Strange.

 

Fourth, I’ve heard it rumored that Obama got a leg up by being admitted to Columbia as a foreign exchange student. Is that true? Did he hold a passport from Indonesia? Did he receive easier admission by portraying himself as a foreigner? Did he receive financial aid as an foreign student- something not available to true-blue American classmates like me?

 

I asked one of my lawyer buddies to call Columbia U. and ask the simple question, “Can foreigners get aid to go to college at Columbia?” The answer, “Yes, we have lots of aid for foreign students. They might be able to get their entire tuition paid and go to Columbia for free.”

 

So did Obama portray himself as a foreigner to get easy admission and a free ride? He was raised in Indonesia. Did his mother ever change him back to a U.S. citizen? Or was this all too easy because he still had Indonesian citizenship and passport? If so, is he qualified to be President of the United States today? I don’t know. But shouldn’t someone in the media be interested in asking these questions?

 

And lastly, why do his classmates at Columbia not remember Obama? Was he a ghost? Did he never show up at class? Was he too busy smoking pot, attending Marxist meetings, and plotting the destruction of the U.S. economy and the overthrow of capitalism?

 

Don’t laugh. It’s working.

 

As a big sports fan and student of political history, I have an idea. Let’s create the greatest trade in political history. Romney’s tax returns for Obama’s college transcripts.

 

And if that doesn’t work, let’s trade them both for a politician to be named later.

 

 

Wayne Allyn Root is a former Libertarian vice presidential nominee and the author of “The Conscience of a Libertarian.” He now serves as Chairman of the Libertarian National Campaign Committee. He is a regular guest on Fox News and hundreds of radio shows across America. He is also a gun-slinging, riverboat gambling, entrepreneur and capitalist evangelist. His web site: www.ROOTforAmerica.com

Wayne Root in Forbes

Read Wayne’s latest commentary, “A Lesson in (Bain) Capital” at Forbes.com:

Wayne’s latest commentary is at Forbes.com:
http://blogs.forbes.com/wayneroot



And Wayne was quoted in Forbes magazine  12/21/11 Issue

 

 

“A Culture Corrupted. 
The only way you know something works in Washington is when all sides are angry.”

–Wayne Allyn Root, Washington Times

A Lesson in Capitalism for Newt Gingrich and Rick Perry

 


 

 

 

By Wayne Allyn Root, Former Libertarian Vice Presidential Nominee

 

 

 

 

 

My blue-collar butcher father used to always tell me, “Son, I’d love to hate rich people. But no poor person ever gave me a job.”

 

 

 

Newt Gingrich and Rick Perry need a lesson in capitalism from my father. Their attacks on Mitt Romney this week are not just disgusting and insulting, they are ignorant. They’ve ruined their Presidential ambitions and damaged their credibility as conservatives.

 

 

 

I’d expect that kind of talk from a socialist like President Obama and his Democratic friends in Congress. Democrat politicians hate businessmen. They’ve never run a business or created a job, so business is like a foreign language to them. Most of them are jealous of anyone who knows how to make money, because they don’t know how. And because successful businessmen rarely support Democrats with contributions, politicians like Obama see them as the political enemy- a target to be demonized, punished and bled dry, so their money can be redistributed to buy more Democratic voters.

 

 

 

So we expect this kind of anti-business rhetoric and class warfare out of Democrats. But Newt and Rick? Now Republicans are turning on capitalism too? It’s time for a lesson in capitalism as it relates to Mitt Romney and Bain Capital. In a capitalist society, businesses (large and small) can run into trouble and face bankruptcy. I know. I’ve run businesses my whole life. When that happens you can either close the business, or go to an investor like Bain who is willing to risk their capital (i.e. cold hard cash) to save your company.

 

 

 

 

 

So businesses like Bain Capital come along and invest tens, even hundreds of millions into your dream. They are pure risk-takers, like a Wild West gunslinger combined with a riverboat gambler. Now comes the hard part- turning your failing company into a winner. Unlike government failures, failure in the private sector means the loss of hard, cold cash from the risk-taking investor’s personal pocket.

 

 

 

So what does Bain Capital do?  They’ve got to work fast. They analyze every inch of the business. To give the most productive part of the company a chance to survive, the cost cutting begins. Nothing is off the table. Unproductive employees, fat-cat overpaid executives, failing product lines, and entire underperforming divisions are cut.

 

 

 

As painful as this may be to those whose jobs are eliminated, the alternative is closing the entire business and losing many more jobs. Unlike Barack Obama, Bain is actually saving jobs. Even better, if the game plan is successful, the company will now be positioned to expand and create jobs. In capitalism you must often cut first to expand later.

 

 

 

It is that simple.

 

 

 

Which is better? Closing the business today, in which case everyone loses their job, or bringing in a Bain Capital willing to risk millions of their own money, in the hope that most jobs will be saved and the company will then be positioned to add many more? That is the very essence of capitalism, accomplished with private capital, not some government program funded with money extorted (or as Obama calls it “redistributed”) from taxpayers.

 

 

 

Obviously few politicians- even Republicans- understand how business or capitalism actually works. And therein lies the problem for the U.S. economy.

 

 

 

Do risk-takers like Bain Capital make money? The answer: Not always. Although, like any business, if they don’t make more than they lose in the long term, they too will be out of business. Their winning gambles can be financial windfalls, but they often come at the expense of two, three, four, or more losers for every one winner.

 

 

 

But shouldn’t you be rewarded with a big payday for risking your own money to save and turn around companies that are failing, or under-achieving? If you think that is unfair, head to Cuba. Because without risk and reward there is no America. There is no capitalism. Without risk and reward, you get 1956 Oldsmobiles and donkeys pulling carts to your ramshackle hut in Havana. Socialism doesn’t create jobs. Socialism doesn’t work. No, there aren’t rich people (if you don’t count the corrupt people who take charge of the country), but unfortunately there aren’t jobs either. With Socialism, the misery is shared by all.

 

 

 

Only people who have spent their lives working in the safe, sheltered world of government, with lifetime job security, bloated salaries, early retirement, and obscene pensions- those totally ignorant of profits, losses, and bottom lines- can deny Bain Capital is performing a positive function that should be praised, not demonized.

 

 

 

Do you know why government can afford to employ far more people than it needs (even if they are incompetent), pay them far more than they are worth, and keep them employed forever while losing billions of dollars? It’s because it’s not their money, so they don’t care. It’s YOUR money. When government bleeds losses, they just raise taxes, stealing more from the taxpayers, or borrow it from China, or just run the printing presses at the Fed (which steals from us all).

 

 

 

This is how the U.S. government has managed to employ an unfathomable 21 million employees, while building up an unsustainable $15 trillion debt, plus an additional $100 trillion in unfunded liabilities. This debt is so huge it can never be paid back. The fact is America is insolvent.

 

 

 

As a Libertarian-conservative, I’m not a big fan or supporter of Mitt Romney. I find him to be a big government wishy-washy, liberal Northeastern Republican. Not my type. But as a capitalist evangelist, and passionate fan of free markets, I certainly defend Romney’s business career. We need a President who will take a business-like approach to government. We need someone who understands how to cut a budget, downsize under-performing assets, kill off entire departments, and fire unnecessary employees.

 

 

 

That’s not a problem. It’s a dream come true!

 

 

 

 

 

Wayne Allyn Root is a former Libertarian vice presidential nominee. He now serves as Chairman of the Libertarian National Campaign Committee. He is also a gun-slinging riverboat gambling entrepreneur and capitalist evangelist. His web site: www.ROOTforAmerica.com


 

By Wayne Allyn Root, Former Libertarian Vice Presidential Nominee

 

 

My blue-collar butcher father used to always tell me, “Son, I’d love to hate rich people. But no poor person ever gave me a job.”

 

Newt Gingrich and Rick Perry need a lesson in capitalism from my father. Their attacks on Mitt Romney this week are not just disgusting and insulting, they are ignorant. They’ve ruined their Presidential ambitions and damaged their credibility as conservatives.

 

I’d expect that kind of talk from a socialist like President Obama and his Democratic friends in Congress. Democrat politicians hate businessmen. They’ve never run a business or created a job, so business is like a foreign language to them. Most of them are jealous of anyone who knows how to make money, because they don’t know how. And because successful businessmen rarely support Democrats with contributions, politicians like Obama see them as the political enemy- a target to be demonized, punished and bled dry, so their money can be redistributed to buy more Democratic voters.

 

So we expect this kind of anti-business rhetoric and class warfare out of Democrats. But Newt and Rick? Now Republicans are turning on capitalism too? It’s time for a lesson in capitalism as it relates to Mitt Romney and Bain Capital. In a capitalist society, businesses (large and small) can run into trouble and face bankruptcy. I know. I’ve run businesses my whole life. When that happens you can either close the business, or go to an investor like Bain who is willing to risk their capital (i.e. cold hard cash) to save your company.

 

 

So businesses like Bain Capital come along and invest tens, even hundreds of millions into your dream. They are pure risk-takers, like a Wild West gunslinger combined with a riverboat gambler. Now comes the hard part- turning your failing company into a winner. Unlike government failures, failure in the private sector means the loss of hard, cold cash from the risk-taking investor’s personal pocket.

 

So what does Bain Capital do?  They’ve got to work fast. They analyze every inch of the business. To give the most productive part of the company a chance to survive, the cost cutting begins. Nothing is off the table. Unproductive employees, fat-cat overpaid executives, failing product lines, and entire underperforming divisions are cut.

 

As painful as this may be to those whose jobs are eliminated, the alternative is closing the entire business and losing many more jobs. Unlike Barack Obama, Bain is actually saving jobs. Even better, if the game plan is successful, the company will now be positioned to expand and create jobs. In capitalism you must often cut first to expand later.

 

It is that simple.

 

Which is better? Closing the business today, in which case everyone loses their job, or bringing in a Bain Capital willing to risk millions of their own money, in the hope that most jobs will be saved and the company will then be positioned to add many more? That is the very essence of capitalism, accomplished with private capital, not some government program funded with money extorted (or as Obama calls it “redistributed”) from taxpayers.

 

Obviously few politicians- even Republicans- understand how business or capitalism actually works. And therein lies the problem for the U.S. economy.

 

Do risk-takers like Bain Capital make money? The answer: Not always. Although, like any business, if they don’t make more than they lose in the long term, they too will be out of business. Their winning gambles can be financial windfalls, but they often come at the expense of two, three, four, or more losers for every one winner.

 

But shouldn’t you be rewarded with a big payday for risking your own money to save and turn around companies that are failing, or under-achieving? If you think that is unfair, head to Cuba. Because without risk and reward there is no America. There is no capitalism. Without risk and reward, you get 1956 Oldsmobiles and donkeys pulling carts to your ramshackle hut in Havana. Socialism doesn’t create jobs. Socialism doesn’t work. No, there aren’t rich people (if you don’t count the corrupt people who take charge of the country), but unfortunately there aren’t jobs either. With Socialism, the misery is shared by all.

 

Only people who have spent their lives working in the safe, sheltered world of government, with lifetime job security, bloated salaries, early retirement, and obscene pensions- those totally ignorant of profits, losses, and bottom lines- can deny Bain Capital is performing a positive function that should be praised, not demonized.

 

Do you know why government can afford to employ far more people than it needs (even if they are incompetent), pay them far more than they are worth, and keep them employed forever while losing billions of dollars? It’s because it’s not their money, so they don’t care. It’s YOUR money. When government bleeds losses, they just raise taxes, stealing more from the taxpayers, or borrow it from China, or just run the printing presses at the Fed (which steals from us all).

 

This is how the U.S. government has managed to employ an unfathomable 21 million employees, while building up an unsustainable $15 trillion debt, plus an additional $100 trillion in unfunded liabilities. This debt is so huge it can never be paid back. The fact is America is insolvent.

 

As a Libertarian-conservative, I’m not a big fan or supporter of Mitt Romney. I find him to be a big government wishy-washy, liberal Northeastern Republican. Not my type. But as a capitalist evangelist, and passionate fan of free markets, I certainly defend Romney’s business career. We need a President who will take a business-like approach to government. We need someone who understands how to cut a budget, downsize under-performing assets, kill off entire departments, and fire unnecessary employees.

 

That’s not a problem. It’s a dream come true!

 

 

Wayne Allyn Root is a former Libertarian vice presidential nominee. He now serves as Chairman of the Libertarian National Campaign Committee. He is also a gun-slinging riverboat gambling entrepreneur and capitalist evangelist. His web site: www.ROOTforAmerica.com

Wayne Allyn Root just announced a weekly column at Forbes.com titled “CAPITALIST EVANGELIST.”

Las Vegas, Nevada–January 12, 2012– Former Libertarian Vice Presidential nominee, best-selling author, and national media personality Wayne Allyn Root just announced a weekly column at Forbes.com titled “CAPITALIST EVANGELIST.”

Now Wayne has another high-profile deal to announce. Wayne has agreed to become a video columnist and commentator for the Personal Liberty Media Group.

PersonalLiberty.com was founded in 2008 and has quickly become one of the most popular eNewsletters in America, reaching over 825,000 readers daily.

The PersonalLiberty web site was ranked #8 on the list of Top 50 Libertarian web sites worldwide by Alexa in 2011, according to a 3-month average of Alexa worldwide traffic. Wayne will provide his exclusive weekly “Root Rant” VIDEO commentaries to the Personal Liberty Digest eNewsletter and PersonalLiberty.com each week, as well as print commentaries.

For more information, please contact Wayne’s publicist Sandy Frazier of SandyPR at:

sandy@mystic-art.com

Wayne Root is the Busiest Libertarian in the Country for Holiday Season

While others spend the holidays vacationing, or enjoying prime rib and family, Wayne Allyn Root was once again the busiest Libertarian media guest in the country. A former Libertarian Vice Presidential nominee and Chairman of the Libertarian National Campaign Committee (LNCC) Root made 108 media appearances during the holiday season to spread the Libertarian message. Many of them were on national TV and radio. Even Santa would get exhausted checking this list twice:

G. Gordon Liddy Show” Nationally Syndicated
“Jim Bohannon Show” Nationally Syndicated
“Phil Valentine Show” Westwood One National
SUN News TV Network “Charles Adler Show” Canadian National TV
“Thom Hartmann Show” National Radio & TV
Roger Hedgecock Show” Radio America National
“NightTalk w/Ellis Cannon” NBC Radio & Pittsburg Cable News Channel Pittsburg, PA
Washington Times publishes Wayne’s commentary
“The Matt Bruce Show” WMGG AM Tampa, FL
“Captains America Show” Nationally Syndicated
“Bill Cunningham Show” Premiere Radio National
Newsmax.com Wayne’s column
LP.org Wayne’s column
NevadaNewsandViews.com
ConservativeHQ.com
IndependentPoliticalReport.com Wayne’s column
ROOT4America.com Wayne’s column
BigGovernment.com Wayne’s column
TheBlaze.com Wayne’s column
Stansberry Newsletter Wayne’s column
ASI newsletter Wayne’s column
TheDevilAtMyDoorstep newsletter Wayne’s commentary
KKFG AM Farmington, New Mexico
“The Big Biz Show” Nationally Syndicated Radio & TV
KOGO AM ”Sully Sullivan Show” San Diego, CA
WOR Radio “Rita Cosby Show” Nationally Syndicated
KDWN AM “Alan Stock Show” Las Vegas, NV
“Jim Blasingame Show” Nationally Syndicated
“The Washington Times Radio Show” Syndicated
WOR Radio “Rita Cosby Show” Nationally Syndicated
“The Big Biz Show” Nationally Syndicated Radio & TV
Newsmax.com Wayne’s column
LP.org Wayne’s column
ConservativeHQ.com
IndependentPoliticalReport.com Wayne’s column
ROOT4America.com Wayne’s column
Breitbart.com Wayne’s column
KOGO AM ”Sully Sullivan Show” San Diego, CA
KFLD AM “Aaron Imholte Show” Minneapolis, MN
WFTL AM “Joyce Kaufman Show” Ft. Lauderdale, FL
“The Matt Bruce Show” WMGG AM Tampa, FL
“Captains America Show” Nationally Syndicated
KHTS AM “The Real Side” Santa Clarita, CA
“Barry Farber Show” Nationally Syndicated
WCHS AM “Michael Agnello Show” Charleston, West Virginia
WOR Radio “Rita Cosby Show” Nationally Syndicated
Newsmax.com Wayne’s column
LP.org Wayne’s column
IndependentPoliticalReport.com Wayne’s column
ROOT4America.com Wayne’s column
TheBlaze.com Wayne’s column
“The Washington Times Radio Show” Syndicated
KXNT AM “Kevin Wall Show” Las Vegas, NV
“The Big Biz Show” Nationally Syndicated Radio & TV
“Dr Gina Show” Birmingham, AL
“Bill Cunningham Show” Premiere Radio National
“The Big Biz Show” Nationally Syndicated Radio & TV
KOGO AM ”Sully Sullivan Show” San Diego, CA
WHO AM “Simon Conway Show” Des Moines, Iowa
Wayne Speaks at RESTORE AMERICA CONFERENCE Baltimore, Maryland
Wayne Speaks at Wealth Masters International m2 Conference Maui, Hawaii
“The Matt Bruce Show” WMGG AM Tampa, FL
“Captains America Show” Nationally Syndicated
SUN News TV Network “Charles Adler Show” Canadian National TV
“The Big Biz Show” Nationally Syndicated Radio & TV
“NightTalk w/Ellis Cannon” NBC Radio & Pittsburg Cable News Channel Pittsburg, PA
“Jayne Carroll Show” Portland, Oregon
WXLM AM “Lee Elci Show” New London, Connecticut
“Rob Schilling Show” Charlottesville, Virginia
“The Matt Bruce Show” WMGG AM Tampa, FL
“Captains America Show” Nationally Syndicated
KXYL AM “Morning Show with Brian Wade” Brownwood, TX
WVMT AM “Charles Papillo Show” Burlington, Vermont
WATR AM “Larry Rifkin Show” Waterbury, CT
WFLA AM “AM Tampa” Tampa, FL
“Neal Asbury Made in America” Radio America National
“Bill Cunningham Show” Premiere Radio National
“The Washington Times Radio Show” Syndicated
“Thom Hartmann Show” National Radio & TV
WOR Radio “Rita Cosby Show” Nationally Syndicated
“The Matt Bruce Show” WMGG AM Tampa, FL
“Captains America Show” Nationally Syndicated
“The Big Biz Show” Nationally Syndicated Radio & TV
Washington Times publishes Wayne’s commentary
Newsmax.com Wayne’s column
LP.org Wayne’s column
ROOT4America.com Wayne’s column
KOGO AM ”Sully Sullivan Show” San Diego, CA
KBAR AM “Zeb Bell Show” Rupert, Idaho
KQMS AM “Alana Burke Show” Redding, CA
KLTF AM “Up Front w/Rod Grams” Little Falls, MN
KXYL AM “Morning Show” Brownwood, TX
“The Real Side w/Joe Messina” Santa Clarita, CA
WATR AM “Larry Rifkin Show” Waterbury, CT
“The Matt Bruce Show” WMGG AM Tampa, FL
“Captains America Show” Nationally Syndicated
KUIK AM “Jayne Carroll Show” Portland, Oregon
KBAR AM “Zeb Bell Show” Rupert, Idaho
“The Matt Bruce Show” WMGG AM Tampa, FL
“NightTalk w/Ellis Cannon” NBC Radio & Pittsburg
Newsmax.com Wayne’s column
ROOT4America.com Wayne’s column
Cable News Channel Pittsburg, PA
Silver State Confidential newsletter
The Devil at my Doorstep newsletter
LibertarianRepublican.net Wayne’s commentary
Newsmax Magazine Wayne’s commentary
“Dr Gina Show” Birmingham, AL

Wayne Root’s 10th Annual New Year Predictions


 

 

 

By Wayne Allyn Root, Former Libertarian Vice Presidential Nominee

 

 

 

Happy New Year. Here is my 10th annual list of predictions for 2012 (and beyond):

 

Prediction: The ancient Chinese proverb says, “May you live in interesting times.” Well, we’re here! 2012 will be the most interesting, significant, exciting and frightening year in U.S. and perhaps world history.

 

Prediction: The EU economic collapse will accelerate. Not only are most major European banks insolvent, but so are entire EU countries. Throughout 2012, the EU will teeter from crisis to crisis. Eventually this will lead to a massive European economic depression, which will eventually lead to the breakup of the EU and the end of the Euro. No longer is this a question of “if,” but only of “when.”

 

Prediction: Proving that a country can’t spend itself into prosperity, the day of reckoning will come to Japan, where even a slight increase in their interest rates will consume their budget and cause them to default on their bonds.  The markets will panic upon the recognition that Japan is like Italy, only much bigger.

 

Prediction: Here in America we will see dramatic economic crisis as well. Our country can no longer afford to spend trillions on bailouts, stimulus, entitlements, or government employee pensions. The gravy train is over. The sad and frightening reality of all of this will sink in, in 2012.

 

Prediction: A series of economic tragedies and unprecedented crises will shake America.  All of this will lead to bank runs, civil unrest, rising levels of violence, unprecedented middle class fear and panic, and record sales of guns, ammo, gold & silver — just as I predicted over a year ago in my commentary titled “The Gold, Silver & Bullet economy.

 

Prediction: The Fed and central banks across the globe react to crisis and deteriorating economic conditions with massive money-printing and “quantitative easing.” The result is inflation and the best investment opportunity in a generation — Gold, Silver and precious metals.

 

Prediction: Commercial real estate will decline dramatically, just as residential real estate already has. Landlords will hand the keys back to banks for empty shopping centers, strip malls, and office buildings.

 

Prediction: U.S. States, counties and cities will announce insolvency and bankruptcy in record numbers, creating a loss of faith in municipal and government bonds. California will be Exhibit A for how bankrupt states truly are.

 

Prediction: Unemployment will remain the #1 unsolvable problem for the U.S. economy, with potential for increases to double digits due to Obama’s climate of fear and loathing towards business owners; more offshoring of jobs to lower wage and lower tax countries; anti-business regulations imposed by government; the threat of higher taxes; and the continued failure of the public education system (producing millions of graduates incapable of performing skilled 21st century jobs).

 

Prediction: China, the one bright light in the world economy, goes dark in 2012, as the great Chinese fraud unravels. The Chinese economy will be unmasked as on the verge of economic collapse.

 

Prediction: The so-called “Arab Spring” continues its descent towards a “Radical Muslim winter.” Across the Arab world, new “progressive” governments turn out to be far worse, far more radical, far more violent, far more despotic than the regimes they replaced. All of this “hope and change” becomes a nightmare for the U.S. and Israel.

 

Prediction: Mitt Romney wins the GOP nomination in a landslide, and selects Chris Christie or Marco Rubio as his running mate.

 

Prediction: Barack Obama dumps Joe Biden from his Presidential ticket and chooses Hillary Clinton as his new running mate. Biden becomes Secretary of State.

 

Prediction: A third party candidate changes the dynamics of the 2012 election — either Gary Johnson for the Libertarian Party, Ron Paul, Donald Trump, or New York Mayor Bloomberg as independents.

 

Prediction: Just before the election the U.S. Supreme Court rules against the individual mandate, thereby killing Obamacare. Even with a total failure of his progressive/socialist agenda, Obama’s class warfare appeal to the 50% who pay no income taxes makes him a formidable opponent.

 

Prediction: The much maligned Tea Party (which is more a belief in the American dream than a political movement) springs to life, and just as in 2010, leads the GOP to major gains, including majority control of both the House and Senate.

 

Prediction: The election follows the same pattern as the 1980 Reagan/Carter election — with the race remaining razor close until the last week. Just as with Jimmy Carter in 1980, voters enter the voting booth asking “Can we survive four more years of Barack Obama?” The answer to that question is a resounding “NO!” Like Reagan, Romney wins in a late-breaking landslide.

 

Prediction: The GOP Presidential victory will prove too little, too late. Romney will turn out to be a tax raiser and spending raiser. He will compromise on core Tea Party values. High income Americans and retirees will react to the economic malaise by leaving the country in record numbers looking for a safe haven. (God Forbid:  If Obama’s class warfare campaign is able to win him a second term, America will quickly fall into a full fledged depression and plunge the world into a ‘dark age’.)

 

Prediction: By 2016, it will become clear that neither Republicans nor Democrats have the solutions to save America from a death spiral of massive debt, inflation, unemployment, and rising interest rates. U.S. voters will finally consider a new path — a third party that truly desires to cut spending and the size of government dramatically.

 

 

Wayne Allyn Root is a former Libertarian vice presidential nominee. He now serves as Chairman of the Libertarian National Congressional Committee. He is the best-selling author of “The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gold & Tax Cuts.” His web site: www.ROOTforAmerica.com