The Freedom Watch

Revisiting The ’87 Crash

"The key is to pay attention to the Fed. Volcker put the Fed into inflation mode, and big-spending Reagan only helped the inflationary cause throughout the 80's. Fast forward to 1987, and in comes 'The Maestro' Alan Greenspan as Fed Chairman. Within weeks of his taking over, the Greenspan Fed began tightening credit to stem the Volcker inflation that began with the Mexican bailout in 1982. Now, those who understand the Austrian Business Cycle Theory, know what happens once interest rates start to rise after a long period of double-digit monetary expansion. In 1987 it was a steep decline." Continue reading →

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1971: The Year That Nixon Chose Gold Over Paper

"The U.S. was now free from the shackles of that barbarous relic. It was high time for gold to get dumped into the dustbin of history. No longer were people supposed to think of it as money. And being that gold's industrial uses are minimal, its price was supposed to languish until the end of time. Also of note in 1971, Merrill Lynch went public. It was only the second brokerage firm to do so. That same year, it released its 'Merrill Lynch is bullish on America' ad during The World Series. Oh...and The Nasdaq was also launched in 1971. So as you can see, Paper Money America was about to be unleashed!" Continue reading →

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Romney Family Investment Ties To Voting Machine Company That Could Decide The Election Causing Concern

"While I am not suggesting conspiracies or that anyone would get involved in any foul play here, how is it possible that so many people could exercise so much bad judgment? Keith Olbermann was suspended from his job at MSNBC for donating a couple hundred bucks to a local candidate that was a friend of his, because his employer required that journalists at the network stay free of having given such contributions to any candidate for all the obvious reasons. Is it really too much to ask that those who control the voting machines that record and count the votes of our elections be held to at least the same standard?" Continue reading →

Continue ReadingRomney Family Investment Ties To Voting Machine Company That Could Decide The Election Causing Concern

The ‘Red Pill’ Of Economics

"More and more people are starting to wonder if central banks like the Bank of England and The Fed can just 'rip up' the debt that they've bought via Quantitative Easing, and reduce the national debt of these countries with the stroke of a key. Asking this question, and thinking about the implications of it, is the equivalent of taking the 'Red Pill' of economics. If you start thinking about the possibility that the central bank could just rip up a government's debt, with few negative ramifications, then you might start thinking about government finances in a totally new way that makes you uncomfortable." Continue reading →

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Another Eurozone Country Bites The Dust

"What's unique in the collapsing housing bubble in Cyprus is a title-deed scandal of unimaginable proportions. And it has embroiled waves of foreign buyers. The banks aren't talking. And they aren't writing down their assets to reflect the layers of mortgages that are worthless. Developers are going bust. The money they pocketed has disappeared. Expat homeowners who don't hold title deeds are terrified of losing their homes, even if they paid cash. There are no legal processes in place to resolve this. Estimates of the missing money range from €3 to €6 billion—enough to take down all Cypriot banks." Continue reading →

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A Commissarina Rises: Wendy J. Olson’s Reign of Terror

"After being appointed to her current post by Barack Obama in 2010, Olson wasted no time in building a large network of undercover informants and devising remarkably novel ways to turn innocent people into criminals. While Olson’s efforts have done nothing to enhance the security of persons or property, they have been immensely lucrative for the coercive class. An October 4 press release from the Commissarina’s office boasted that her staff had collected $84 million in fines, assessments, and forfeiture proceeds over the past year – ten times its operating budget." Continue reading →

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Kentucky Appeals Court Upholds Random License Plate Scans

"Judges in Kentucky have no problem with police randomly scanning the license plates of motorists who are not suspected of any crime. The state Court of Appeals last week upheld the conviction of Timothy Gentry who was stopped on October 3, 2009 because a Lexington police officer conducted what he said was a random license plate scan. The court also dismissed Gentry's complaint that Officer Newman acted arbitrarily because the Lexington Police Department had no official policy guidelines to limit random information checks." Continue reading →

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Human rights advocates raise concerns over increased police Taser use

"Taser use in England rose by 45% in 2011 and the numbers are expected to continue to increase as more weapons are given to rank-and-file officers. The stun guns were fired by police at 27-year-old Dale Burns in Barrow, Cumbria, last year, who later died. In the US, where they are more regularly used, there have been hundreds of deaths. Before 2008, the use of Tasers was restricted to firearms officers, but their use has increased in recent years as more frontline officers have access to them." Continue reading →

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NJ Assemblyman, Former Mayor Accosted By Cop Previously Fired For Lying

"'What happened to me should happen to no one,' the 56-year-old former Washington Township mayor said Friday. 'I was targeted. I was hunted down by this police officer who lied in a police report, lied in the summons he gave to me, lied to me, lied on tape, and also lied to his supervisors,' he said. 'I didn't do anything wrong that day.' In the video - obtained by Moriarty's lawyer, John Eastlack - the officer's mobile video recorder shows a sequence of events that appears to correspond with Moriarty's account of the police stop." Continue reading →

Continue ReadingNJ Assemblyman, Former Mayor Accosted By Cop Previously Fired For Lying

Jury Nullification Victory For New Jersey Weedman

"A jury found Ed 'NJWeedman' Forchion not guilty Thursday in the Rastafarian activist’s marijuana distribution case. The decision came after Forchion was nearly held in contempt of court in the morning as he delivered his closing argument. Forchion, formerly of Pemberton Township, tried to introduce his jury nullification argument into the closing, but was quickly stopped by Superior Court Judge Charles Delehey, who had barred any discussion of it." Continue reading →

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