Tag Archives: Meet The New Boss

Chinese university fires outspoken economist amid crackdown on dissent

Posted on by

“A liberal Chinese economist who had been an outspoken critic of China’s ruling Communist Party has been expelled from the elite Peking University, amid a broader crackdown on dissent.  Professor Xia Yeliang, 53, had drawn the ire of school officials for his blog posts calling for democratic reforms and rule of law in China. Xia said he was told on Friday that professors and school leaders had voted to end his contract. Chinese liberals and intellectuals had hoped the new government under President Xi Jinping that took over in March would be more tolerant of calls for reform but it appears authorities won’t tolerate any challenge to their rule.”

http://www.reuters.com/article/2013/10/19/us-china-professor-idUSBRE99I01C20131019

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

New Homeland Security Chief OK’d Drone Strikes on Americans

Posted on by

google-search-header2

“If the ubiquitous voice of Homeland Security Secretary Janet Napolitano in the metro (or Walmart, etc) demanding that you say something if you see something wasn’t frightening enough, if TSA’s cancer rays and gropings were not outrageous enough, if Homeland Security military vehicles on US soil were not disgusting enough, Obama has a real treat in store for you. His pick to lead the currently headless DHS is called Jeh Johnson. He was, according to the Washington Post, the Pentagon’s top lawyer. In that capacity he and a team of Pentagon experts concluded that the president did indeed have the right to use drones to kill American citizens without charge or trial.”

http://www.lewrockwell.com/lrc-blog/be-afraid-new-homeland-security-chief-okd-drone-strikes-on-americans/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

We All Know Who Janet Yellen Is, And That’s Terrifying

Posted on by

“The acclaim in the media sends a shiver down the spine.  Janet Yellen, just nominated by President Obama as the next head of his Federal Reserve, will be ‘the most powerful woman in the planet’.  If we were living in a stable monetary order she would be the least powerful woman in the world.  Think back to the era of the gold standard before 1914.  Britain was the leader of the orchestra in the monetary system.  But no one outside a few discount brokers in London knew the name of the Bank of England Governor, who changed each 2 years.”

http://www.forbes.com/sites/realspin/2013/10/14/we-all-know-who-janet-yellen-is-and-thats-terrifying/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Janet Yellen: An Insane Choice for a Debt-Crazed Economy

Posted on by

“I have no idea if she is competent. Competence in an economist is hard to measure, like knowing whether your auto mechanic is really any good.  As for vital attributes, the Times did get one right. ‘She represents continuity,’ the Times wrote. That pretty much says it all. Janet Yellen is establishment all the way. She won’t wobble the canoe. She’s not a Paul Volcker coming in to break things up.  And that’s all you need to know about Yellen. She’s got the same playbook in her pocket as Bernanke. If anything, there are hints she’ll be even more aggressive in printing money than Bernanke.”

http://dailyreckoning.com/janet-yellen-an-insane-choice-for-a-debt-crazed-economy/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Arriving in Slovakia in November of 1989

Posted on by

“I started to wonder how it felt to be a Czech or a Slovak passenger on that bus. That first moment that the government dissolved, even some of the governments most ardent dissidents must have felt a sense of worry. After any great change, so many are left asking ‘now what?’ and the ones who are in a position to adapt and proceed are the ones left to run the world around themselves. Franklin brings up a moment in the history of Czechoslovakia that I’ve never before considered – what was it like to be on that bus and to hear for that first moment that the regime had fallen?”

http://www.52insk.com/2013/arriving-november-1989/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

In U.S., Perceived Need for Third Party Reaches New High

Posted on by

“Amid the government shutdown, 60% of Americans say the Democratic and Republicans parties do such a poor job of representing the American people that a third major party is needed. That is the highest Gallup has measured in the 10-year history of this question. A new low of 26% believe the two major parties adequately represent Americans.  The results are consistent with Gallup’s finding of more negative opinions of both parties since the shutdown began, including a new low favorable rating for the Republican Party, and Americans’ widespread dissatisfaction with the way the nation is being governed.”

http://www.gallup.com/poll/165392/perceived-need-third-party-reaches-new-high.aspx

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Bill Bonner: The Fed Chief America Deserves

Posted on by

“If it were that easy to create real wealth, of course, everybody would be doing it. Real wealth – like everything else that is precious – takes time, patience, and forbearance. You don’t get it by using cheap tricks and economic gimmickry. Instead, you have to pay for it. That is, you have to give something up in the present to gain more prosperity in the future. The feds’ programs promise the opposite: Americans will get something now… and pay (dearly) later. Eventually – sooner or later – Mr. Market will come down hard on investors’ heads, like a murderer armed with a claw hammer.”

http://www.bonnerandpartners.com/the-fed-chief-america-deserves/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

The Most Qualified Fed Chair Since Arthur Burns

Posted on by

“It is not possible for any one human to have the knowledge needed to accomplish the goals established for the Federal Reserve. No person can assure Mr. Wolfers’ daughter her economic future will be bright. Ironically, that might only happen if Yellen took the job but then stepped aside to let the market determine interest rates and the flow of capital.  Given Yellen’s views and experience, best case, the professor’s daughter can look forward to a world of no-growth punctuated with the occasional banking crisis. In the worst case, Ms. Yellen will conjure up the memory of Arthur Burns.”

http://dailyreckoning.com/the-most-qualified-fed-chair-since-arthur-burns/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Ron Paul: New Fed Boss Same as the Old Boss

Posted on by

10182011_Ron_Paul_article

“The news that Janet Yellen was nominated to become the next Chairman of the Board of Governors of the Federal Reserve System was greeted with joy by financial markets and the financial press. Wall Street saw Yellen’s nomination as a harbinger of continued easy money. Contrast this with the hand-wringing that took place when Larry Summers’ name was still in the running. Pundits worried that Summers would be too cautious, too hawkish on inflation, or too close to big banks.  The reality is that there wouldn’t have been a dime’s worth of difference between Yellen’s and Summers’ monetary policy. No matter who is at the top, the conduct of monetary policy will be largely unchanged.”

http://www.thedailybell.com/editorials/34667/Ron-Paul-New-Fed-Boss-Same-as-the-Old-Boss/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

‘Rejoice: the Yellen Fed will print money forever to create jobs’

Posted on by

“We now know where we stand. Janet Yellen is to take over the US Federal Reserve, the world’s monetary hegemon, the master of all our lives.  The Fed will be looser for longer. The FOMC will continue to print money until the US economy creates enough jobs to reignite wage pressures and inflation, regardless of asset bubbles, or collateral damage along the way.  No Fed chief in history has been better qualified. She has pedigree. Her husband is Nobel laureate George Akerlof, the scourge of efficient markets theory.  Her lodestar is the ‘non-accelerating inflation rate of unemployment’ (NAIRU). When the rate is above NAIRU, she is a dove: when below, she is a hawk.”

http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100025713/rejoice-the-yellen-fed-will-print-money-forever-to-create-jobs/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet