Author: The Freedom Watch Staff

This author has written 11091 articles

Obama recognizes Syrian rebels as ‘legitimate representative’ of the people

"President Barack Obama said Tuesday that the Syrian opposition was now 'the legitimate representative' of the Syrian people, in the most significant US intervention yet in the brutal civil war. Though a minority, the Al-Qaeda-linked rebel group Al-Nusra has been one of the most effective rebel groups fighting to overthrow President Bashar al-Assad, raising concerns that hardline extremists are hijacking the 21-month-old revolt. Senior officials however said that despite the move on recognizing the opposition, Washington sticks by its policy of not directly arming the rebels." Continue reading →

Continue ReadingObama recognizes Syrian rebels as ‘legitimate representative’ of the people

Obama approved F-16 fighter jets as gift to Egypt

"Despite instability due to the new Islamic government in Egypt, the US is sending more than 20 F-16 fighter jets to Egypt as part of a $1 billion foreign aid package. The first four Lockheed Martin F-16 fighter jets are set to arrive in Egypt on Jan. 22, an unnamed source told Fox News. The new Islamic president, Mohammed Morsi of the Muslim Brotherhood, has recently made political moves that have fueled anger and criticism both in the West and among secular Egyptians. Mass demonstrations are currently taking place in Cairo and several other Egyptian cities against Morsi’s decision to hold a referendum on a pro-Islamist constitution." Continue reading →

Continue ReadingObama approved F-16 fighter jets as gift to Egypt

U.S. warns Egypt of return to ‘bad old days’ of Mubarak

"The United States warned Tuesday there must be no return to the 'bad old days' of the Mubarak era in Egypt, as the army there called for talks to resolve a crisis over a constitutional referendum. 'We continue to have deep concerns about the situation in Egypt,' State Department spokeswoman Victoria Nuland said. Tens of thousands of protesters filled Cairo streets to demonstrate for and against the referendum called for Saturday on a draft constitution backed by President Mohamed Morsi and his Islamist allies." Continue reading →

Continue ReadingU.S. warns Egypt of return to ‘bad old days’ of Mubarak

Family of slain Walmart shoplifting suspect want answers

"Shelly Frey's family and community activists want to know why a Harris County sheriff's deputy shot the 27-year-old to death in a Walmart parking lot. Her relatives said no proof exists to show that Frey was stealing from the store on Friday, according to a news report from KPRC-Channel 2. Before the shooting, a Walmart employee told Campbell that the women were stuffing store merchandise into their bags. Suspect Tiasa Andrews began to drive away while the deputy was standing between the open door and the driver's seat. Shelly Frey later died from a gunshot wound at an apartment complex in the 1300 block of Greens Parkway." Continue reading →

Continue ReadingFamily of slain Walmart shoplifting suspect want answers

New Hampshire police Taser Chinese woman who tried to buy too many iPhones

"Police in Nashua, New Hampshire say they were forced to use a Taser on a 44-year-old Chinese woman who does not speak English after she was told to leave an Apple Store because she was trying to buy too many iPhones. Through a translator, Xiaojie Li told WMUR that she had bought two iPhones from the Pheasant Lane Mall Apple Store on Friday and returned on Tuesday to buy more to send to her family in China. Shoppers captured cell phone video of police — who were providing security at the store’s request — using a stun gun on Li as she laid on the mall floor screaming." Continue reading →

Continue ReadingNew Hampshire police Taser Chinese woman who tried to buy too many iPhones

$9 Billion in Government Checks Result in Some Parents Keeping Their Children Dumb

"This is what poverty sometimes looks like in America: parents here in Appalachian hill country pulling their children out of literacy classes. Moms and dads fear that if kids learn to read, they are less likely to qualify for a monthly check for having an intellectual disability." Continue reading →

Continue Reading$9 Billion in Government Checks Result in Some Parents Keeping Their Children Dumb

Bank of Japan likely to ease again next week via asset buying

"The Bank of Japan will likely ease monetary policy next week, sources say, as looming risks such as the potential fallout from the U.S. fiscal cliff and weak Chinese growth continue to cloud the outlook for an economy already seen as in recession. The most likely option is for the central bank to expand its asset-buying and lending programme, currently at 91 trillion yen ($1.1 trillion), by another 5-10 trillion yen, at the meeting on Dec. 19-20. The central bank has been under intense pressure to become bolder in its efforts to beat deflation ahead of a lower house election on Dec. 16, which polls suggest the main opposition Liberal Democratic Party (LDP) will win." Continue reading →

Continue ReadingBank of Japan likely to ease again next week via asset buying

Bank of England & Carney: This Doesn’t Sound Good

"'The [UK] Treasury opened the door to a more aggressive monetary policy on Wednesday, as aides to the chancellor welcomed the next Bank of England governor’s radical views on stimulus measure for flagging economies. In a speech on Monday, Mark Carney suggested setting targets for the overall size of the economy, or nominal gross domestic product, rather than inflation.' [...] Does it worry anyone besides me just a teensy bit that this guy hasn’t even figured out where the BoE coffee pot is, and his people are already lying for him? Far be it from me to distrust an ex-Goldman Sachs banker, but still…" Continue reading →

Continue ReadingBank of England & Carney: This Doesn’t Sound Good

Bernanke to Double Down on Money Printing

"Mad money printer Ben Bernanke, in addition to continuing his current $40 billion in mortgage-backed securities, is going to also purchase longer-term Treasury securities at the tune of $45 billon per month. This is very serious money printing, especially given that banks appear to be adding this money to the system rather than putting the funds in excess reserves. Prepare for strong 2013 price inflation." Continue reading →

Continue ReadingBernanke to Double Down on Money Printing

Treasury Exempts Foreign Exchange Swaps from Definition of “Swap”

"More government regulations are always a bad idea, however, it should be noted when banksters get special privileges around regs. Dodd-Frank calls for regulation of swaps. The Treasury just announced that its final determination is that foreign exchange swaps are exempted from the definition of 'swap' and are not to be regulated under Dodd-Frank. What's particularly noteworthy about this is that the Federal Reserve did a lot of its propping up of foreign banks during the financial crisis via foreign exchange swap lines." Continue reading →

Continue ReadingTreasury Exempts Foreign Exchange Swaps from Definition of “Swap”