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Date Sent: 2009-08-12
Freedom's Phoenix Global Edition for Wednesday, August 12, 2009 PM edition |
Sen. Specter: Protests Not 'Representative Of America' -- Officials see rise in US militia groups
AARP: No Mr. President, We Don't Support Your Healthcare Plan -- Harry Markopolos: CDS Fraud Will Make Madoff Look "Small-Time" -- They Are Building a Damn Financial 'Berlin Wall' -- The Model State Emergency Health Powers Act -- US official gropes to explain Clinton's outburst -- Probe shows Rove played key role in firing US attorneys -- Judge Rules
Against RealDVD Movie Copying Software -- US, Swiss cement deal on
secret UBS bank accounts -- Swastika
painted outside US congressman's office -- US general pushes for unmanned vehicles
-- Post Office Vandalized With Obama
'Joker' Posters -- Could Labour turn into a libertarian party
after Gordon Brown is beaten? -- How to Disable a Cash for Clunkers Car
-- Dear Senator McCain - by Dave Hodges -- There is No Recession, It's a Planned
Demolition -- Video: A New Champion ... Dr. Rand Paul -- Big
Business Goes Big for Health-Care Reform -- Worst argument ever for
ObamaCare: It will be like the post office
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News Link • Healthcare
Sen. Arlen Specter: Protests Not 'Representative Of America'
08-12-2009
•
AP
"I'm not going to complain about being organized. They have a right to
speak," he said, "but I think we have to explain, they're not
necessarily representative of America. I think they're vocal. I don't
think they're representative."
Specter said he didn't think people opposed to various health care
proposals have a right to disrupt public meetings on the issue.
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Reported by:
Powell Gammill
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News Link • Healthcare
AARP: No Mr. President, We Don't Support Your Healthcare Plan
08/12/2009
•
Newsmax
Time and again, President Obama has portrayed himself as the voice of reason, combating "myths" and "misinformation." But the president made an embarrassing series of gaffes during a town hall meeting on healthcare Tuesday. His most egregious error: claiming that AARP endorsed his plan, forcing the organization for older Americans to issue a correction stating that it has not done so.
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News Link • Economy - Economics USA
Harry Markopolos: CDS Fraud Will Make Madoff Look "Small-Time"
08/12/2009
•
The Business Insider
Bernie's whistleblower sends a chilling message. Memo to regulators: be forewarned about frauds in the credit-default swap market. They'll make Bernie Madoff's $65 billion fraud "look like small-time."
That's what Harry Markopolos -- Madoff's whistleblower ignored by federal investigators -- is saying anyway.
New York Post: [Markopolos] says there are evildoers out there who will make the Ponzi scum "look like small-time." Markopolos gave a speech to 400 of the faithful at the Greek Orthodox Church in Southampton and predicted major scandals will soon be revealed about the unregulated, $600 trillion, credit-default swap market. "To put it in simple terms, it is like buying fire insurance policies from five different insurance companies on your neighbor's house and then burning down the house," he said.
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News Link • Economy - Economics USA
Housing Has Not Bottomed (But Cramer Said!)
08/12/2009
•
The Market Ticker
Home price declines in the U.S. accelerated in the second quarter, dropping by a record 15.6 percent from a year earlier, as foreclosures weighed on values.
The median price of an existing single-family home dropped to $174,100, the most in records dating to 1979, the National Association of Realtors said today. Total sales rose 3.8 percent to a seasonally adjusted annual rate of 4.76 million from the first quarter and fell 2.9 percent from 2008’s second quarter.
Remember, Cramer said housing bottomed June 30th.
Jim, we haven't seen seen a decline in the second derivative. In fact, housing prices dropped by a RECORD 15.6% in the second quarter.
Record - you know, never dropped this fast year-over-year before? Yeah.
But remember Jim - you promised your viewers that it was over. That it was ok - and safe - to go back into the market. You in fact told everyone last night to buy stocks again, and you were in fact on an unmitigated pumpfest.
The facts don't bother you
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News Link • Economy - Economics USA
Why So Many Stock Market Crashes Occur in the Fall
08/12/2009
•
Economic Policy Journal
WSJ's Brett Arends calls the period between Labor Day and Halloween the fright show, and with good reason.
He lists the following stock market crashes that have occurred during this period:
It was, of course, in September last year that Lehman collapsed and everything fell apart.
But then it was also September-October 2002 that the last bear market plunged to its lows.
The 1998 financial crisis? It began late August, and rolled on for two months.
The famous crash of 1987 came in October. But most people have forgotten that the market actually started sliding downhill in late August.
That's almost exactly what happened in 1929 too. The big crash came in October, but the market peaked just after Labor Day. Prices began falling through September, then tumbled further still.
The worst month of the Depression? September, 1931, when the Dow fell about 30 percent.
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News Link • Federal Reserve
They Are Building a Damn Financial 'Berlin Wall'
08/12/09
•
Economic Policy Journal
Possibly the most unequivocal sign that distinguishes a totalitarian system from a relatively free society is the simple right to leave. In totalitarian societies, the "iron curtain" falls, and "citizens" are not free to leave. The people and their assets are effectively property of the state. They, and everything they produce, are "human resources" that belong to the government. The "citizens" are more accurately described as prisoners confined within their national borders.
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News Link • Martial Law
The Model State Emergency Health Powers Act (MSEHPA)
08-12-2009
•
Pandemic Flu Online
When a medical emergency is declared,
people will be forced to submit to a variety of inconveniences without their
consent"including invasive medical interventions"or face severe consequences
one generally associates with war zones.... in a declared state of emergency, the
civil authority is supplanted by martial, or military authority. Civilian
officials and employees may be “deputized” to help administrate martial
authority during an emergency, but civil law is effectively suspended for the
duration of the emergency.
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Reported by:
Barbara Peterson
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News Link • Propaganda
US official gropes to explain Clinton's outburst
08-12-09
•
AP
The State Department struggled to explain Secretary of State Hillary Rodham Clinton's face-off with a Congolese student and suggested that the questioner's nervousness sparked the outburst with the mention of her husband's name.
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Reported by:
Melinda Carey
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News Link • Bush Administration
Probe shows Rove played key role in firing U.S. attorneys
08-12-2009
•
McClatchy News
Karl Rove and other top officials in the George W. Bush White House
were deeply involved in pushing for the ouster of several U.S.
attorneys, notably including one in New Mexico, according to testimony
and e-mails that the House of Representatives Judiciary Committee
released.
Sworn testimony from former White House
Counsel Harriet Miers revealed that Rove considered former U.S.
Attorney David Iglesias of New Mexico a "serious problem" and "wanted
something done about it" because of complaints about politically
sensitive investigations that Iglesias had mounted. Miers said that she
couldn't recall whether Rove specifically demanded
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Reported by:
Powell Gammill
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News Link • Domestic Policy
Judge Rules Against RealDVD Movie Copying Software
08-12-2009
•
PC World
RealNetworks may have lost its bid to sell software that lets people copy DVD movies to their computer hard drive.
Judge Marilyn Patel of the U.S. District Court for the Northern
District of California granted a preliminary injunction against the
sale of RealDVD,
extending a temporary injunction that has been in place ever since
several Hollywood studios, including Paramount, Sony, Universal Studios
and Walt Disney filed suit against RealNetworks last September.
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Reported by:
Powell Gammill
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News Link • TAXES: Federal
US, Swiss cement deal on secret UBS bank accounts
08-12-2009
•
AP
The U.S. government and Swiss
banking giant UBS AG have reached an agreement in a case seeking names
of some 52,000 suspected American tax evaders with billions in secret
Swiss accounts, but details may remain under wraps until next week,
officials said.
Lawyers for the government and UBS
told a federal judge in a brief conference call they had initialed a
deal after a delay last week to settle undisclosed details.
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Reported by:
Powell Gammill
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News Link • Activism
Swastika painted outside Ga. congressman's office
08-12-2009
•
AP
The FBI and police were investigating after a swastika was painted outside Rep. David Scott's
district office in Georgia, an act the suburban Atlanta Democrat said
reflects an increasingly hateful and racist debate over health care and
should remind people to tone down their rhetoric.
Scott's staff arrived at his Smyrna, Ga., office
Tuesday morning to find the Nazi graffiti emblazoned on a sign bearing
the lawmaker's name. The vandalism occurred roughly a week after Scott
was involved in a confrontational argument over health care at a
community meeting.
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Reported by:
Powell Gammill
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News Link • Military
US general pushes for unmanned vehicles
08-12-2009
•
AP
As pilotless US drones do battle from the sky in Afghanistan,
Pakistan and Iraq, a top US Army general is urging the military to step
up the deployment of unmanned vehicles on the ground.
"It's
all about saving lives," said Lieutenant General Rick Lynch, the
commander of the III Armored Corps and the holder of a master's degree
in mechanical engineering from the Massachusetts Institute of
Technology (MIT).
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Reported by:
Powell Gammill
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News Link • Internet
Asian Undersea Cable Disruption Slows Internet Access
08-12-2009
•
PC World
A segment of the Asia-Pacific Cable Network 2 (APCN2) undersea cable
network between China and Taiwan suffered a serious cable fault on
Wednesday, causing Internet traffic to be rerouted onto other undersea
cables and slowing Internet access for some users in Southeast Asia.
At
about 10:50 a.m. on Wednesday, local time, an alarm signaled a cable
fault on Segment 7 of APCN2, which connects Hong Kong and Shantou,
China. The disruption caused a temporary loss of service on the
undersea link but all customers that use the cable were soon shifted to
capacity on other cables, according to a source familiar with the
situation.
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Powell Gammill
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News Link • Obama Administration
Post Office Vandalized With Obama ‘Joker’ Posters- (LMAO)
08-12-2009
•
WFTV
A
vocal and graphic Internet campaign attacking President Barack Obama
just hit Central Florida and one of its first targets was a U.S. Post
Office. Several Lake County residents called WFTV when
they spotted the ‘Joker’ posters on stop signs and saw workers scraping
them off the post office in Clermont.
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Reported by:
Jim Stachowiak
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News Link • Philosophy: Libertarianism
Could Labour turn into a liberal party after Gordon Brown is beaten?
08-12-2009
•
www.telegraph.co.uk
The idea of a Labour Party shaped by liberal republicans sets itself
deliberately against the Big State politics espoused by Mr Brown and
his preferred successor, Ed Balls, let alone the civil
liberties-destroying authoritarian streak championed by Mr Blair and
core supporters such as John Reid and Hazel Blears. It favours
individual budgets for health care, backs Tory reforms on education,
prefers tax on unearned income, and believes in civil liberties " all
ground championed by David Cameron.
It has attracted the
attention of James Purnell, who is being talked about as the liberal
alternative to Mr Balls or even David Miliband, another possible
contender who is identified as an heir to the more authoritarian wing
of the party. Mr Purnell in turn has excited the curiosity of Jon
Cruddas, the leadership wild card, who sees in the idea of liberal
republicans the outline of a grand alliance between ''early Blairite''
liberals and the radical Lef
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Ernest Hancock
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News Link • Activism
Chris Matthews Gets Spanked By Gun-Toting New Hampshire Patriot
08-11-09
•
You Tube
A Tea Party protester in New Hampshire caused a major wetting of the lamestream media's collective panties when he simultaneously exercised his First and Second Amendment rights. Despite Matthews' best attempts to paint Patriot William Kostric as a domestic terrorist, Kostric slammed Matthews' pathetic loaded questions right back in his face and got the freedom message across loudly and clearly. Even Ron Paul was proudly mentioned in the discussion, and unlike Obama, Ron Paul has never been afraid of having a face-to-face conversation with an armed citizen. (And I speak from personal experience.)
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Freed Radical
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News Link • Humor
BIG INSURANCE GIVES OUT AWARDS FOR SCARIEST LIES ABOUT HEATH CARE REFORM
08/11/2009
•
Citizens for Legitimate Government
BETHESDA, Maryland - (PTSD News) - Two heath insurance giants have announced the winners of their "Scare Health Care Reform to Death" contest. Starting in March, UnitedHealthcare and CIGNA Health Insurance joined forces to create a contest that would award prizes to American citizens who came up with the scariest talking points against health care reform, slogans that would most likely turn public opinion against any changes to the current system. Truth was not a requirement--in fact, it was discouraged for blocking the creative process.
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Reported by:
Lola Flores
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News Link • Science, Medicine and Technology
Turtle Airships
08-12-2009
•
arclein
An operating speed of close to 120 mph seems plausible and is a major challenge to other carriers. Add a thirty mph tail wind by skillful navigation and it is a quick trip to Chicago from LA.
It appears everyone has made the connection between present truck load size and desirable air ship design. Once there are several designs in the air providing service, markets will be proven able to handle much larger sizes. That will lead naturally to mega sized craft able to handle several shipping containers.
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robert klein
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Opinion • Activism
Dear Senator McCain
08-12-2009
Dave Hodges
Ron Paul and the American people are desperately in need of another friend in Capitol Hill in a time when our way of life, our fortunes, and our even our safety hangs in the balance. Your distant past suggests that you could be that additional Capitol Hill friend that America needs to rally around as we dig in to fight the dark culture that has come to characterize Washington. Please allow me to explain.
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News Link • Weird/Offbeat News
Granny, 87, Kills Venomous Rattler With Bare Hands
08-11-2009
•
Miami
An 87-year-old Tampa woman had had it with the motherloving snakes on her motherloving porch.
So when a seven-inch pygmy rattlesnake slithered up to Esther Orring's door and bit her on the hand, she got even, strangling the venomous little serpent with her bare hands.
"She's a tough lady," Orring's daughter, Maria Pellicone, told WFLA. "She's a very strong person, so she will be a survivor."
Orring has been hospitalized since the Monday incident, after she was administered several vials of antivenin.
But the well-gripped granny is expected to make a full recovery, and Pellicone says she'll have the dead snake framed for her. video
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Anonymous Watchman
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News Link • Corruption
It's a Planned Demolition
There is No Recession
08/11/2009
•
Counter Punch
The S&P 500 is up 50 per cent from its March lows. The financials, retail, materials and industrials are leading the pack. It's a "Green Shoots" bear market rally fueled by the Fed's Quantitative Easing (QE) which is forcing liquidity into the financial system and lifting equities. The same thing happened during the Great Depression. Stocks surged after 1929. Then the prevailing trend took hold and dragged the Dow down 89 per cent from its earlier highs. The S&P's March lows will be tested before the recession is over. Systemwide deleveraging is ongoing. The economy is resetting at a lower rate of activity.
No one is fooled by the fireworks on Wall Street. Consumer confidence is still falling. Everyone knows things are bad. Everyone knows the mainstream press is lying. The restaurants and malls are empty, the homeless shelters are bulging, and even the big-box stores have stopped hiring. The only "green shoots" are on Wall Street where everyone
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News Link • Campaign for Liberty
Video: A New Champion - Dr. Rand Paul
8/11/09
•
Youtube
Let's make history and set another record supporting Dr. Rand Paul for the US Senate in Kentucky!
Donate or learn more about Rand at:
www.randpaul2010.com
Pledge to donate on August 20 at:
www.runrandrun.com
Please spread the word - it's up to us to take our country back!
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Reported by:
Anonymous Watchman
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News Link • Healthcare
Change We Can't Believe In?
08/12/2009
•
Washington Post
Candidate Barack Obama offered a lofty vision of how his White House would operate. When the details of health reform were being hammered out, he vowed, "We'll have the negotiations televised on C-SPAN so that people can see who is making arguments on behalf of their constituents, and who are making arguments on behalf of the drug companies or the insurance companies." Now, it turns out, the Obama White House has cut a backroom -- actually, Roosevelt Room -- deal with Tauzin: Drugmakers would ante up $80 billion in savings in return for a promise that Medicare wouldn't be allowed to negotiate drug prices.
"We were assured: 'We need somebody to come in first. If you come in first, you will have a rock-solid deal,' " Tauzin told the New York Times.
Imagine that.
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News Link • Healthcare
Big Business Goes Big for Health-Care Reform
08/12/2009
•
Real Clear Politics
Manipulation is what we got many years ago when we traded a more or less free market for the "progressive" interventionist state. When government is big, the well-connected always have an advantage over the rest of us in influencing public policy. is case, big business wants to shape -- and profit from -- what inevitably will be an interventionist health-care reform. Can you think of the last time a major business supported a truly free market in anything?
"
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News Link • Healthcare
That Does it! The worst argument ever for ObamaCare: It will be like the post office
8/11/09
•
I Hate The Media
Let’s just ignore all the stuttering and stammering from the Wizard of Uhs. Let’s concentrate on his contention that ObamaCAre will be good because it’s like the post office.
The post office has no competition. It has a monopoly on first class mail. Much like ObamaCare will have a monopoly on healthcare.
Despite that monopoly, they lose money hand-over-fist every year. Much like ObamaCAre will have a monopoly on healthcare.
Fedex and UPS eat the post office’s lunch where they actually compete. Much like insurance companies…uhhhh…well, there won’t really be any insurance companies to compete with ObamaCare.
The Greatest President In History, who has never worked in private enterprise, shows absolutely no understanding of how that real world thing works.
See video:
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Anonymous Watchman
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