The Freedom Watch

Jacob Hornberger: Why Are Americans Searched at the Border?

"In an era in which federal officials are now requiring Americans who are returning from foreign travel to turn over their cell phones for searches and forcing them to disclose their passwords, it’s time for Americans to start asking some fundamental questions regarding the nature of liberty, the purpose of the Constitution and the Bill of Rights, and the proper role of government in a free society and to abandon the passivity, submissiveness, and deference to authority that have come to characterize their lives." Continue reading →

Continue ReadingJacob Hornberger: Why Are Americans Searched at the Border?

Suspension of U.S.-EU Visa-Free Travel Would Have Negative Consequences

"The Global Business Travel Association (GBTA) warned that suspending visa-free travel would have a 'large negative impact,' including an additional 10 million annual visa applications to process. Additionally, the GBTA warned that if the United States retaliates with its own suspension of visa-free travel, it could mean approximately €2.5 billion in costs to EU citizens as roughly 8 million travelers would need to pay the $160 visa fee and other application costs. The GBTA also cited an Oxford Economics study that projected a 23 percent decline in travel revenue for the U.S. and Canada as a result of a suspension, as well as a projected 140,000 jobs lost in Europe and 73,000 jobs lost in the United States." Continue reading →

Continue ReadingSuspension of U.S.-EU Visa-Free Travel Would Have Negative Consequences

Chinese Hotel: 6 Days to Build

"Pay attention to how few workers are visible in any stage of production. There is no way that these techniques will not be adopted all over the world. Nobody is going to give China this kind of competitive edge. These techniques are going to be imitated. It means the end of today’s technology. Today’s technology is labor-intensive. This will not be true by 2030. The next step will be the adoption of these techniques for housing developments. The construction industry will work out the bugs in high-level projects. Then these techniques will be adopted by housing developers as the price of the tools continues to drop." Continue reading →

Continue ReadingChinese Hotel: 6 Days to Build

John Hussman: The Most Broadly Overvalued Moment in Market History

"As long as investors are comfortable with expected S&P 500 10-12 year total returns of less than 1% annually, with likely interim losses on the order of 50-60%, investors are free to label this situation as 'fairly valued' or with any other phrase they wish." Continue reading →

Continue ReadingJohn Hussman: The Most Broadly Overvalued Moment in Market History

How Trump Filled The Swamp

"With promises to 'drain the swamp!' still ringing in our ears, we have watched Trump appoint nothing but Goldman banksters, Soros stooges, neocon war hawks and police state zealots to head his cabinet. Join us this week on The Corbett Report as we examine the swamp-dwellers with which Trump has filled his swamp." Continue reading →

Continue ReadingHow Trump Filled The Swamp

Draghi Says A Country Can Leave Eurozone But Must “Settle Bill First”

"Suddenly the ECB has made it clear that Italy's gain in a 'hypothetical' Euro zone exit would be a tremendous loss for Berlin and Merkel. We are confident that the question of 'how much' preventing such a loss would be worth to Merkel, will emerge in very short order. As for what Draghi's statement means for countries with a far smaller Target2 liability which may also consider exiting the monetary union, the answer is two words: 'green light.'" Continue reading →

Continue ReadingDraghi Says A Country Can Leave Eurozone But Must “Settle Bill First”