The Georgian/Russian Truth

Author: Tommy Leung | 08.15.2008 | Category: News, Politics, Videos

I put up a video at Tommy Liberty about a 12 year old girl who was in the area where the conflict between Georgia and Russia is occurring. She squarely places the blame on Georgia for attacking South Ossetia and causing all the death and destruction–she was actually thankful for the Russians. Watch it.

Knowing what we know, do we really want to get involved in this conflict? I’m saying that we should not put a base in Poland and send aid to Georgia.

Tommy Liberty

Author: Tommy Leung | 08.14.2008 | Category: Internet, Politics

Isn’t that catchy? Tommy Liberty. In line with mission to create focused blogs on topics that I like writing about, I have launched Tommy Liberty as the place where I will keep my political writings. I’ve also put a tab in the menu above alongside my fitness blog. :)

Cold War 2.0?

Author: Tommy Leung | 08.11.2008 | Category: News, Politics

A new Cold War is certainly an attention grabber and will sell news–that is why I titled this what I did. Hopefully, we don’t send troops over to Georgia in an attempt to defend them against the Russians. The news is reporting the situation as an invasion by Russia but, the reality is hardly as black and white.

You can read an in-depth look at what is really going on here. The main point is that Georgia invaded the “breakaway” province of South Ossetia where a lot of Russian citizens happen to reside. Russia used their military might in response to Georgia’s actions. It is hard to put the fault on Russia in this scenario as Russia is protecting its own citizens. We would expect our government to protected American citizens living in Mexico if certain danger were to arise–there is little difference in this case.

The media will try to make this out to be an aggressive action by Russia because that will sell the news. The only prudent move we can make is to stay out of the affairs of that area. We’ve already got our hands full with the Middle East and a weak economy at home. And besides, do our politicians really have the moral high ground to condemn Russia when we’ve invaded a country that did no harm to us?

China Protestors

Author: Tommy Leung | 08.07.2008 | Category: Cartoons, Politics

I have not been supportive of the protests against China in way of boycotting the Olympic Games or because of the Tibet issue. That cartoon above makes a great point as well as this piece from LewRockwell.com. I’m not saying China is doing the right things but, those living in glass houses shouldn’t throw stones. I recommend you read the article I linked to. :)

Paris for Prez

Author: Tommy Leung | 08.06.2008 | Category: Politics, Videos

In response to McCain’s recent TV commercial comparing Obama to celebrities like Britney Spears and Paris Hilton, Paris had this to say:

I found that pretty funny. I would love to see Paris debate McCain and Obama.

I.O.U.S.A Movie

Author: Tommy Leung | 07.23.2008 | Category: Economics, Politics, Videos

I didn’t know about this movie until after I wrote about our almost $10 trillion national debt. Now that I do, I will be sure to watch it this August. Check out the trailer above.

The $10 Trillion Problem

Author: Tommy Leung | 07.22.2008 | Category: Economics, Money, Politics

Secretary Henry Paulson has been calling for a bailout of the insolvent Fannie Mae and Freddie Mac and the Democrats in Congress are looking to pass a bill to raise the limit on the national debt. The national debt is over $9.4 trillion already and the deficit for next year is approaching $500 billion. The bailout for Fannie and Freddie is estimated to cost $25 billion by the government.

So, if you and I were in $1,000,000 of debt that was accruing interest on a daily basis, would extending how much more debt we are willing to take on going to solve our problem? Is it a good idea? Of course not! The kicker here is that this $10 trillion of debt is OURS! We are even making monthly payments on it–the government steals money from us every paycheck. Unfortunately, the money that is being taken from us is also being spent instead of paying down debt.

Our national debt in 2001 was in the $5 trillions. We will have almost doubled that by the time Bush leaves office. Neither the Republicans or the Democrats in Congress are fiscally responsible. They are like teenagers with their daddy’s credit card. Paulson has also recently said that we are turning the corner in this housing crisis. Even if that were true, we have just added to another problem: the $10 trillion problem.

Bash Ron Paul, Get Traffic

Author: Tommy Leung | 07.22.2008 | Category: Books, Internet, Politics

Thomas Woods brought up this blog post at LewRockwell.com–one of my most frequented blogs. The author of the above blog post had some degrading remarks for Ron Paul’s recent book deal with the publisher of Revolution: A Manifesto to write an autobiography.

I certainly added my own two cents:

You need to work on the Stephen Colbert imitation; it’s not very good. Unless, you weren’t doing a Stephen Colbert, in that case, you must be writing such ridiculousness to get people to read and comment–like I just did and the other folks above, including the ever-intelligent Tom Woods.

I am very interested in Paul’s autobiography which is only tentatively titled, Revolution: A Memoir.

And do you really think taxpayers should be paying for medals for Rosa Parks or Mother Theresa? Paul did suggest that the representatives who supported it could shell out their own money–they didn’t. Using other people’s money to give gifts is ridiculous.

Not too long after that, more pro-Ron Paul comments piled on. The lesson here: bash Ron Paul, get web traffic!

Obama: Out of Iraq in 2010?

Author: Tommy Leung | 07.22.2008 | Category: Politics

We voted in 2006 to get out of Iraq. It is the second half of 2008 and we are no closer to leaving Iraq. The Democrats’ are still trying to convince us that they will leave Iraq if you only elected one of them to the White House. None of us can predict the future but, a Democrat in the White House looks likely at this point.

Barack Obama recently visited Iraq and reports are saying that the Iraqi Prime Minister shares his view of withdrawing troops by 2010. But, there is fine print: any withdrawal plan is subject to the level of violence. As much as I care about what the Iraqi Prime Minister thinks, I care more about what Americans think. 70% of Americans are not in favor the war in Iraq. We wanted to leave in 2006; we want to leave right now.

A timetable for withdrawal based on the level of violence in an area as unstable–and made more unstable by our presence–as that region is as good as having no timetable. We need to leave now. Protect our troops from harm that can be avoided and bring them home. Obama’s withdrawal plan should be to start the day he steps foot into the White House; not in 2010 based on violence levels of a violent area.

Don Harrold July 4th

Author: Tommy Leung | 07.10.2008 | Category: Politics, Videos

I’ve been watching Don Harrold’s videos on YouTube for quite a while now. He makes a lot of good videos about the markets, CNBC, Mad Money with Jim Cramer, etc. I didn’t see this particular 4th of July video until now and felt compelled to share. Check it out!