Author: The Freedom Watch Staff

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Spain: Unemployment For Under 25s Over 55%

"Overall, Spain's unemployment rate has risen to its highest level since measurements began in the 1970s, as a prolonged recession and deep spending cuts have left almost six million people out of work at the end of last year. The nationwide jobless total rose 1% to 26.02% in the fourth quarter of 2012, or 5.97 million people, according to the National Statistics Institute. More than 2,000 Spaniards a day joined the dole queue in the last three months of 2012. The results mean in Q4 there were 8.33 million Spanish households in which every potential worker was unemployed." Continue reading →

Continue ReadingSpain: Unemployment For Under 25s Over 55%

Worldwide unemployment hits new high

"Five years after the global financial crisis hit, unemployment numbers continue to soar, with a record 202 million people worldwide expected to be officially jobless this year, the International Labour Organization said Tuesday. Last year saw a clear resurgence of the crisis, the UN’s labour body said in its annual report on global employment trends, pointing out that jobless numbers rose by four million to 197 million in 2012. Last year, the global youth unemployment rate stood at 12.6 percent, and it was expected to rise to 12.9 percent by 2017, according to ILO." Continue reading →

Continue ReadingWorldwide unemployment hits new high

The Road to Debt-Serfdom

"The road to debt-serfdom is paved by the banks and enforced by the Central State. If there is any point that is lost on ideologues, Progressive and Conservative alike, it is this: the first-order servitude and second-order tyranny of debt-serfdom can only occur if the banks' power is extended and protected by an expansive Central State." Continue reading →

Continue ReadingThe Road to Debt-Serfdom

Russian central bank to keep buying gold

"The Russian central bank will continue to buy gold as it seeks to diversify its foreign reserves away from paper assets it views as risky, First Deputy Chairman Alexei Ulyukayev said on Thursday. The Bank of Russia has built up the world's fourth-largest foreign reserves, worth $530 billion, by buying oil export dollars to keep the rouble competitive. The hoard includes two rainy-day budget funds that guard against fiscal shocks. The bank has also been a bullion buyer and the share of gold in its reserves is approaching a medium-term target of 10 percent." Continue reading →

Continue ReadingRussian central bank to keep buying gold

Fed Balance Sheet Hits Record $3 Trillion

"The size of the U.S. Federal Reserve's balance sheet reached a record, Fed data released on Thursday showed, due to the central bank's purchases of Treasurys and mortgage-backed securities that are part of its unconventional policy aimed at supporting economic growth. The Fed's ownership of mortgage bonds guaranteed by Fannie Mae, Freddie Mac and the Government National Mortgage Association (Ginnie Mae) totaled $983.2 billion, up from $947.61 billion the previous week. The Fed's holdings of Treasurys totaled $1.697 trillion as of Wednesday, higher than $1.689 trillion the previous week." Continue reading →

Continue ReadingFed Balance Sheet Hits Record $3 Trillion

Gun Owners Boycott a Huge Outdoors Show. Show Shuts Down.

"The annual Eastern Sports and Outdoor Show normally attracts 200,000 visitors. It earns money from 1,000 exhibitors. Last week the British firm that owns it decided to ban all visible references to assault weapons, so called. No sales, no advertising, nothing. A boycott began. The NRA canceled. Then hundreds of exhibitors canceled. There were lots of stories about the boycott, as you can see here. The politically correct Brits who thought they would jump on the gun control bandwagon have announced that there will be no show . No show, indeed! Here is the official announcement. This will cost the company a pile of money." Continue reading →

Continue ReadingGun Owners Boycott a Huge Outdoors Show. Show Shuts Down.

Northwest Territorial Mint: Silver Bullet Bullion

"Silver Bullet Bullion is the most powerful ammunition* against deficit spending, fiat currency, sovereign debt, quantitative easing, failed Federal Reserve policy, and rampant inflation ever minted by man! Shaped like the ammunition that will strike at the heart of failed government economic policies that threaten our economy and our fortunes, each round of Silver Bullet Bullion is ultimately REAL SILVER." Continue reading →

Continue ReadingNorthwest Territorial Mint: Silver Bullet Bullion

Number Of Nation’s Sheriffs Refusing To Enforce Unconstitutional Gun Laws Snowballs

"In New Mexico, 30 of the state's 33 county sheriffs have reminded state lawmakers that they are under oath to support the U.S. Constitution, and that includes the Second Amendment. CNSNews.com previously reported that 28 of the 29 sheriff's in Utah sent a letter to President Obama stating that they will not enforce any new gun laws they believe to be unconstitutional. A host of Oregon sheriffs have said that they will not comply with any new unconstitutional gun regulations. For a list of more sheriffs who are standing up against new gun regulations, please click here." Continue reading →

Continue ReadingNumber Of Nation’s Sheriffs Refusing To Enforce Unconstitutional Gun Laws Snowballs

Authoritarian regimes use Silicon Valley software to censor Internet

"Authoritarian regimes around the world are using technology from a Silicon Valley firm for Internet surveillance, filtering and censorship, according to a report by Canadian researchers. The report this week from the University of Toronto’s Citizen Lab said devices from California-based security firm Blue Coat Systems were being used in China, Russia, Venezuela and other countries with 'a history of concerns over human rights.'" Continue reading →

Continue ReadingAuthoritarian regimes use Silicon Valley software to censor Internet

Whole Foods CEO: Obamacare-Fascism Comparison Won’t Hurt Profits

"The CEO earlier this week criticized President Barack Obama’s health care reform law, saying 'it's more like fascism,' and that the government controls 'the means of production' in health care. Mackey later said in a segment on HuffPost Live on Thursday that he regretted comparing Obamacare to 'fascism,' despite remaining skeptical of Obama’s plan. 'I regret using that word now because it's got so much baggage attached to it,' Mackey said. 'Of course, I was just using the standard dictionary definition.'" Continue reading →

Continue ReadingWhole Foods CEO: Obamacare-Fascism Comparison Won’t Hurt Profits