Liberty Newswire – 10/20/12

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

Weekend watching addition of the newswire. Reading is for weekdays. The weekend is for kicking back, relaxing and taking in your daily dose of liberty through video. Below are some great videos explaining the real mandate of the fed, the real reasons for the growing wealth disparity, and the bullying power of government.

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The Hunted and the Hated: An Inside Look at the NYPD’s Stop-and-Frisk Policy
Youtube, October 09, 2012

The Constitution’s fourth Amendment states:

The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probably cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.

The government has a monopoly on the legal right to use force. But the “government” is nothing more than people. People are fallible, corruptible, emotional beings, which is why we need to be extremely vigilant when it comes to limiting the power of government. In exchange for this monopoly power, government agencies must be held to a higher level of transparency, accountability, and humility. As the short documentary below shows, the NYPD embodies none of these traits.

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The Bears Explain How The Rich Get Richer
youtube.com, October 10, 2012

The bears, as directed by Omid Malekan, burst onto the financial scene in November 2010 when they first explained quantitative easing to the masses. Well, those cute little bears are back (with cameos by “The Ben Bernank” and “Warren Buffay”) to explain how the growing wealth gap has less to do with tax policy than bailouts, crony capitalism and Federal Reserve policy.

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The Fed’s sole purpose: keeping the banks afloat
Casey Research, October 10, 2012

G. Edward Griffin, author of The Creature From Jekyll Island, is arguably the leading historian on the Federal Reserve Bank. “The Creature” is an incredible book, but if you don’t have the inclination to read 600 pages about the Fed, perhaps you can watch this 13 minute presentation for an overview.

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