Newswire 12/8/2010

[The Liberty Insight Newswire is an aggregation of what we consider to be important financial and political news and commentary from across the web.]

Today’s stories include a The Daily Show clip exposing Ben Bernanke, Julian Assange in his own words, and more trouble on the home front.

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Watch Jon Stewart’s Takedown of Ben Bernanke’s ‘Not Printing Money’ Claim

Business Insider, Dec. 8, 2010

It would be funny if it weren’t so sad. People are finally waking up to the fact that the Federal Reserve is a system of the bankers, by the bankers and for the bankers.

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Don’t shoot messenger for revealing uncomfortable truths.
The Australian, Dec. 8, 2010

I have been accused of treason, even though I am an Australian, not an US, citizen. There have been dozens of serious calls in the US for me to be “taken out” by US special forces. Sarah Palin says I should be “hunted down like Osama bin Laden”, a Republican bill sits before the US Senate seeking to have me declared a “transnational threat” and disposed of accordingly. An adviser to the Canadian Prime Minister’s office has called on national television for me to be assassinated. An American blogger has called for my 20-year-old son, here in Australia, to be kidnapped and harmed for no other reason than to get at me.

We’ve heard from the politicians, now read Julian Assange’s reply.

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WikiLeaks: US Senator Joe Lieberman suggests New York Times could be investigated
Guardian.co.uk, Dec. 7, 2010

First Amendment be damned; we must shut up anyone who reports anything embarrassing to the US government.

“…were it left to me to decide whether we should have a government without newspapers or newspapers without a government, I should not hesitate a moment to prefer the latter.” –Thomas Jefferson

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At least 3 more years of housing troubles seen
Reuters, Dec. 7, 2010

Sorry to bring the negativity but it’s better to know right? Right? The good news for those who already own homes is that if you have a long-term, fixed-rate loan, your mortgage could be less than your food bill in a few years.

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Interview with Federal Reserve Chairman Ben Bernanke
CBS News, Dec. 5, 2010

Watch the entire lip quivering 60 Minutes interview with Ben Bernanke here. It may seem like he’s pumping money and credit into the system, but don’t worry, he’s 100% certain he can unwind the Fed stimulus in 15 minutes. How do you know when Bernanke is lying? His lips are moving.

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