Swiss middle class real income continues to rise

Posted on by Freedomwat.ch Staff

“Switzerland’s middle class has never enjoyed as much income as it does today, but the richest and poorest groups of the population have seen theirs grow more substantially. Sixty to 80 per cent of the Swiss population are considered middle class. A couple without children with a revenue between SFr67,000 ($70,800) and SFr150,000 belongs to this category, as does a couple with children and income between SFr94,000 and SFr210,000. Over the past 20 years, real income for the Swiss middle class has increased six to eight per cent, better than in most other countries.”

http://www.swissinfo.ch/eng/swiss_news/Middle_class_outdone_by_rich_and_poor.html?cid=33977756&rss=true

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Wealth and Prosperity Do Exist … if You Know Where to Look

Posted on by Freedomwat.ch Staff

“The pursuit of prosperity for ourselves and our children is the underpinning of the American dream – the idea that being all that you can be is possible. But it seems things are changing… The 2012 Legatum Prosperity Index has just been made public. It reveals that America is no longer among the Top 10 countries for the first time ever. We are now 12th. The essential question is: What pulled America out of the top 10? Was it our health care system? An antiquated educational system? Eroding personal freedoms? No. It was the rather significant decline in ‘entrepreneurship and opportunity.’ Many U.S. citizens no longer believe that hard work pays off.”

http://sovereign-investor.com/2012/11/16/prosperity-does-exist/

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French officials furious at Economist “time-bomb” taunt

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“French officials angrily rejected a charge by Britain’s The Economist weekly on Friday that France was the ‘time-bomb at the heart of Europe’ and a danger to the euro single currency, accusing the magazine of sensationalism. French public spending accounts for 56 percent of gross domestic product, the highest level in the euro zone, and public debt reached 90 percent of GDP this year. Hollande’s deficit-reduction strategy is based two-thirds on tax increases, much of it on businesses, and one-third on spending cuts.”

http://www.reuters.com/article/2012/11/16/us-eurozone-france-economist-idUSBRE8AF0FR20121116

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Ron Paul: 0% Chance Of Grand Bargain Over Fiscal Cliff

Posted on by Freedomwat.ch Staff

“U.S. Representative Ron Paul, a Texas Republican, talks about U.S. fiscal policy and prospects for political compromise on the nation’s budget deficit and debt. He speaks with Trish Regan on Bloomberg Television’s ‘Street Smart.'”

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Why The U.S. Job Market Remains Terribly Bleak

Posted on by Freedomwat.ch Staff

“Full time work is about to get scarcer. The reason? By hiring part-time workers who put in less than 30 hours per week, employers can avoid a mandate dictated by the new health reform law: either provide expensive health insurance or pay a fine equal to $2,000 per worker. Avoiding the mandate becomes even more attractive for low-wage employees, since they can get highly subsidized insurance in the newly created health insurance exchanges. Even though employers will have the option of paying a $2,000 fine, does anybody think the fine is likely to stay that low?”

http://www.forbes.com/sites/johngoodman/2012/11/15/why-the-u-s-job-market-remains-terribly-bleak/

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Pilots Know More Than Just How to Fly Planes

Posted on by Freedomwat.ch Staff

“The Airline Pilots Association sure understands the importance of government regulation to create benefits for a small group and the value of limiting supply. According to WSJ, new regulations require newly hired pilots to have at least 1,500 hours of prior flight experience. That number is that is six times the current requirement. At the same time a large number of pilots are going to be forced to retire because they are bumping up against the current mandatory retirement age of 65.”

http://www.economicpolicyjournal.com/2012/11/pilots-know-more-than-just-how-to-fly.html

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Guy Who Started Alabama’s Secession Petition Wants His Topless Car Wash Back

Posted on by Freedomwat.ch Staff

“‘I’m working poor. And I work -– I’ve never taken a dime from the government. I’ll starve before I take a handout. That’s what being a true American is all about.’ Belcher blamed the government for shutting down his former business. Belcher said his Euro Details car wash, which featured topless women, was successful for a decade on Halls Mill Road in Mobile. But he said he was arrested and charged with obscenity by city officials in 2001.
‘The government ripped my business away, and now they’re choking America to death with rules and regulations,’ he said.”

http://gawker.com/5961046/guy-who-started-alabamas-secession-petition-mostly-just-wants-his-topless-car-wash-back

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Key West man writes ‘F*ck Obama’ on will and then kills himself

Posted on by Freedomwat.ch Staff

“Michael Cossey told police that his partner, 64-year-old Henry Hamilton, had promised that ‘if Barack gets re-elected, I’m not going to be around,’ according to the Key West Citizen. Hamilton was found dead with two empty prescription bottles, one for the anxiety medication Xanax and one for the schizophrenia medication Seroquel. Hamilton was the owner of Tropical Tan off Duval Street, which may have been hit with a 10 percent excise tax by President Barack Obama’s Affordable Care Act.”

http://www.rawstory.com/rs/2012/11/14/key-west-man-writes-fck-obama-on-will-and-then-kills-himself/

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Spain halts evictions of vulnerable homeowners

Posted on by Freedomwat.ch Staff

“Spain announced Thursday a two-year halt to evictions of the most vulnerable home owners as a public outcry mounted over suicides linked to desperate people facing expulsion. The Spanish Banking Association announced Monday it was freezing mortgage-related evictions for two years in extreme cases. Savings banks, too, suspended expulsions while awaiting new government rules. Many people were shocked by two suicides in 15 days by indebted homeowners facing expulsion in Spain, where both banks and borrowers were hammered by a 2008 property crash.”

http://www.rawstory.com/rs/2012/11/15/spain-halts-evictions-of-vulnerable-homeowners/

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Wal-Mart workers plan Black Friday walkout

Posted on by Freedomwat.ch Staff

“A group of Wal-Mart workers are planning to stage a walkout next week on Black Friday, arguably the biggest holiday shopping day for the world’s largest retail store. The walkout builds on an October strike that started at a Wal-Mart in Los Angeles and spread to stores in 12 other cities. More than 100 workers joined in the October actions. According to Anthony Bianco, author of Wal-Mart: The Bully of Bentonville, butchers at a Wal-Mart supercenter in Jacksonville, Texas, voted to form a union in 2000 — the first time employees had done so. But soon after that, Wal-Mart eliminated butcher departments in its stores across the country.”

http://www.clickorlando.com/news/money/Wal-Mart-workers-plan-Black-Friday-walkout/-/1637116/17426674/-/3di2iw/-/index.html

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The Freedom Watch

International Intelligence for the Resistance

Monthly Archives: November 2012

Swiss middle class real income continues to rise

Wealth and Prosperity Do Exist … if You Know Where to Look

French officials furious at Economist “time-bomb” taunt

Ron Paul: 0% Chance Of Grand Bargain Over Fiscal Cliff

Why The U.S. Job Market Remains Terribly Bleak

Pilots Know More Than Just How to Fly Planes

Guy Who Started Alabama’s Secession Petition Wants His Topless Car Wash Back

Key West man writes ‘F*ck Obama’ on will and then kills himself

Spain halts evictions of vulnerable homeowners

Wal-Mart workers plan Black Friday walkout