Author: The Freedom Watch Staff

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The MIT-Central Bank Connection

"Every two months, more than a dozen bankers meet here on Sunday evenings to talk and dine on the 18th floor of a cylindrical building looking out on the Rhine. The dinner discussions on money and economics are more than academic. At the table are the chiefs of the world's biggest central banks, representing countries that annually produce more than $51 trillion of gross domestic product, three-quarters of the world's economic output. Their monetary strategy isn't found in standard textbooks. The central bankers are, in effect, conducting a high-stakes experiment." Continue reading →

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Bankster-Government Revolving Door (Mortgage Division)

"Bob Ryan, who served as a top housing adviser in the Obama administration, will leave for a senior mortgage-banking position at Wells Fargo next month. Ryan is currently a senior advisor to Shaun Donovan, the secretary for Housing and Urban Development. Ryan played a key role shepherding the $25 billion mortgage-foreclosure settlement between five of the nation’s largest lenders, including Wells Fargo, and 49 state attorneys general and federal regulators this past March. Wells faces a separate lawsuit over FHA-backed loans that was filed by federal prosecutors in October." Continue reading →

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Bankster-Treasury Revolving Door

"Former senior U.S. Treasury official Tim Adams will succeed Charles Dallara as the head of the Institute of International Finance, a bank lobbying group that represents more than 470 of the world’s largest financial companies. Adams will take over the helm during a major rewrite of financial regulations across the globe and amid the continuing debt and banking crises in Europe. Adams served as Treasury undersecretary for international affairs in the administration of President George W. Bush." Continue reading →

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Europeans outraged over the US using Patriot Act for worldwide spying

"Researchers from the University of Amsterdam’s Institute for Information Law say that legislation enacted to allegedly protect the security of US citizens has in the process eroded privacy protections on a global scale. As more and more companies and individuals across the world begin relying on cloud computing to store information digitally on remote servers, the Dutch researchers warn that the Patriot Act and the Foreign Intelligence Surveillance Act (FISA) allow for those files to be fed into the US intelligence community, disregarding privacy safeguards in place for others around the globe." Continue reading →

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Detlev Schlichter: What is wrong about the euro, and what is not

"Merkel is desperately trying to pretend that these governments are not bankrupt, that the debt will be repaid, and in so doing she throws good money – that of the German taxpayer – after bad. Most of the governments in Europe, plus the US, the UK and Japan, are unlikely to ever repay their debt, and the big risk is that, once the 40-year fiat money boom that facilitated this bizarre debt extravaganza has ended for good, a lot of that debt will have to be restructured, which means it will be defaulted on. That is not the end of the world, albeit the end of the type of government largesse that has defined politics in the West for generations." Continue reading →

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FL Senate President Calls For Nullifiers To Be Shot & Hanged

"Republican Florida State Senate President Don Gaetz showed the true face of tyrannical RINOs in the Republican Party when he openly laughed and mocked the Constitutional principles espoused by KrisAnne Hall, an attorney and former prosecutor, who supports the Tenth Amendment and the right of the States to nullify unconstitutional laws implemented by the federal government. However, it appears that Mr. Gaetz also indicated his support of the tactic of the seventh President of the United States Andrew Jackson in how he would deal with 'nullifiers.' He would have them shot and hanged." Continue reading →

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Is America Too Big?

"Is America too big for democracy? Too big for its traditional republican form? What does it mean if the answer is yes? This video series proposes that the source of our biggest social and political problems is our SIZE. Like the, obese, 600 pound man who experiences heart failure, diabetes, and dozens of other ailments, so too does America, only its diseases go by the names Debt, War, Entitlements, Gridlock, and Corruption. Our problems cannot be fixed through any change in ideology or bi-partisan agreement in Congress, because those are not the root of our problems. The source is our size." Continue reading →

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Costco’s Dividend Tax Epiphany

"When President Obama needed a business executive to come to his campaign defense, Jim Sinegal was there. The Costco co-founder, director and former CEO even made a prime-time speech at the Democratic Party convention in Charlotte. But now these people at the very top of the top 1% who preach about tax fairness voting to write themselves a huge dividend check to avoid the Obama tax increase they claim it is a public service to impose on middle-class Americans who work for 30 years and finally make $250,000 for a brief window in time." Continue reading →

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The Link Between High Tax Rates and Corruption

"Let’s pretend we have a modest tax rate of 20 percent. Now imagine you are part of an industry with $200 million in profits and you want a special tax break. How much are you willing to pay to get that loophole? Well, with a 20 percent tax, the most you can save is $40 million. So how much would you spend on lobbyists, campaign contributions, etc, in order to get that loophole? One thing we can safely assume is that the industry would never spend more than $40 million. But let’s now assume you live in a world with 50 percent tax rates. Does that change the incentive for influence peddling in Washington? Of course it does." Continue reading →

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