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Date Sent: 2009-02-24
Freedom's Phoenix Global Edition for Tuesday, February 24, 2009 PM Edition
 
U.S. Consumer Confidence Collapsed to Record Low -- Stanford had links to fund run by the Bidens

Mugged by Truth & Reality - by Jacob Hornberger -- House Democrats propose $410B spending bill -- Google's Gmail service crashes across world -- Home Prices Decline 18.5% -- Legal Experts Propose Limiting Justices' Powers, Terms -- U.S. May Set Greenhouse Gas Standard for Cars -- Survey Reveals Broad Support for President -- U.S. Clears Path to Bank Nationalization -- Health care costs to top $8,000 per person -- Former governor Locke likely U.S. commerce nominee -- NKorea says it is preparing satellite launch -- FBI, police rescue child prostitutes around US -- Guantanamo detainee arrives in Britain, renews torture claims -- Asian shares slump after Dow hits 1997 low -- Two School Girls Run Prostitution Ring Comet Lulin Shines Tonight
 
Mugged by Truth & Reality News Link  •  Philosophy: Socialism
 Mugged by Truth & Reality
02-24-2009  •  FFF / Jacob Hornberger 
The problem Americans face today is that truth and reality are mugging them in the face, and they’re having a terrible time trying to figure out what to do.  Read Full Story
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Reported by: Brock Lorber
Survivalism: How to Prepare for the Economic Collapse News Link  •  Off Grid Living - Survival Prepping
 Survivalism: How to Prepare for the Economic Collapse
02-24-2009  •  www.captaindaves.com 
How can you prepare for this economic collapse now?  Read Full Story
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Reported by: Ernest Hancock
Travel Alert - Mexico (don't go) News Link  •  Mexico
 Travel Alert - Mexico (don't go)
02-24-2009  •  United States State Department 
Mexican and foreign bystanders have been injured or killed in violent attacks in cities across the country, demonstrating the heightened risk of violence in public places. In recent years, dozens of U.S. citizens have been kidnapped across Mexico.  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Ernest Hancock
Remote-controlled planes could spy on British homes News Link  •  Police State
 Remote-controlled planes could spy on British homes
02-24-2009  •  www.telegraph.co.uk 
The miniature aircraft could be fitted with cameras and heat-seeking equipment, allowing police to carry out aerial reconnaissance from a control room.  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Ernest Hancock
U.S. Consumer Confidence Collapsed to Record Low News Link  •  Economy - Economics USA
 U.S. Consumer Confidence Collapsed to Record Low
02-24-2009  •  Bloomberg.com 
The Conference Board’s index declined more than forecast to 25 this month, the lowest level since data began in 1967, from a January reading of 37.4, the New York-based research group said today  Read Full Story
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Reported by: Jack Gregson
Washington sends $1 food stamp checks to 250,000 News Link  •  Domestic Policy
 Washington sends $1 food stamp checks to 250,000
02-24-2009  •  TriCityHerald 
The director of the Community Services Division for the Department of Social and Health Services, Leo Ribas, says the checks mailed Feb. 17 trigger an additional $43 million in federal food benefits. They also connect recipients to an energy assistan  Read Full Story
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Reported by: Ernest Hancock
House Democrats propose $410B spending bill News Link  •  Domestic Policy
 House Democrats propose $410B spending bill
02-24-2009  •  Yahoo Finance 
House Democrats unveiled a $410 billion spending bill on Monday to keep the government running through the end of the fiscal year, setting up the second political struggle over federal funds in less than a month with Republicans.  Read Full Story
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Reported by: Ernest Hancock
America’s children jailed for profit News Link  •  Corruption
 America’s children jailed for profit
02-24-2009  •  Daily Newscaster 
As robber barons on Wall Street steal billions with impunity children all over America are being sent to detention centers for minor offenses lining the pockets of judges and the private companies that run these profitable kiddie prisons.  Read Full Story
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Reported by: D. H. Williams
Google’s Gmail service crashes across world News Link  •  Internet
 Google’s Gmail service crashes across world
02-24-2009  •  www.telegraph.co.uk 
Google’s web-based email service, Gmail, has crashed this morning, leaving millions of users from Britain to Australia unable to send and receive messages.  Read Full Story
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Reported by: Ernest Hancock
MURDOCH WARNS: NATIONS WILL BE REDEFINED, FUTURES ALTERED News Link  •  MEDIA (MainStreamMedia - aka MSM)
 MURDOCH WARNS: NATIONS WILL BE REDEFINED, FUTURES ALTERED
02-24-2009  •  Drudge 
Media baron Rupert Murdoch issued an urgent internal communication late Monday, warning his staff: "We are in the midst of a phase of history in which nations will be redefined and their futures fundamentally altered."  Read Full Story
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Reported by: Ernest Hancock
Case-Shiller Index: Home Prices Decline 18.5% from last Year News Link  •  Housing
 Case-Shiller Index: Home Prices Decline 18.5% from last Year
02-24-2009  •  Calculatedriskblog.com 
Prices fell at least 1% in all Case-Shiller cities in December, with Phoenix off 5.1% for the month alone!  Read Full Story
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Reported by: Jack Gregson
Natural Explanation Found for [some] UFOs News Link  •  U F O and Other Unidentified Stuff
 Natural Explanation Found for [some] UFOs
02-24-2009  •  Space 
The cause or function of the flashes remains murky, but Price suggested they could explain some of the UFO reports which have cropped up over the years. That might provide some solace for UFO enthusiasts disappointed by hoaxes in the past.  Read Full Story
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Reported by: Powell Gammill
Comet Lulin Shines Tonight News Link  •  Science, Medicine and Technology
 Comet Lulin Shines Tonight
02-24-2009  •  arclein 
My chances of spotting comet Lulin went to zero tonight with the advent of a rainstorm eliminating any possible viewing conditions. However, we have this picture from the Swift satellite and the related story to make up for it.   Read Full Story
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Reported by: robert klein
Legal Experts Propose Limiting Justices' Powers, Terms News Link  •  Constitution
 Legal Experts Propose Limiting Justices' Powers, Terms
02-24-2009  •  NY Times 
If we had it to do all over again, would we appoint Supreme Court justices for life? Allow the chief justice to keep the job forever? Let the court have the final word on which cases it hears and those it declines? A group of prominent law professors  Read Full Story
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Reported by: Powell Gammill
U.S. May Set Greenhouse Gas Standard for Cars News Link  •  Environment
 U.S. May Set Greenhouse Gas Standard for Cars
02-24-2009  •  Washington Post 
The Obama administration is considering establishing national rules for regulating greenhouse gas emissions for automobiles, according to White House officials, a move backed by both auto manufacturers and some environmentalists.  Read Full Story
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Reported by: Powell Gammill
Survey Reveals Broad Support for President News Link  •  Obama Administration
 Survey Reveals Broad Support for President
02-24-2009  •  NY Times 
President Obama is benefiting from remarkably high levels of optimism and confidence among Americans about his leadership, providing him with substantial political clout as he confronts the nation’s economic challenges and opposition from nearly all  Read Full Story
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Reported by: Powell Gammill
U.S. Clears Path to Bank Nationalization News Link  •  Economy - Economics USA
 U.S. Clears Path to Bank Nationalization
02-23-2009  •  Washington Post 
The Obama administration revamped the terms of its emergency aid to troubled financial firms, setting a course that could culminate with the government nationalizing some of the country's largest banks by taking a controlling ownership stake.  Read Full Story
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Reported by: Powell Gammill
Strange Fish Has See-Through Head News Link  •  Science, Medicine and Technology
 Strange Fish Has See-Through Head
02-23-2009  •  LiveScience 
A bizarre deep-water fish called the barreleye has a transparent head and tubular eyes. Since the fish's discovery in 1939, biologists have known the eyes were very good at collecting light. But their shape seemed to leave the fish with tunnel vi  Read Full Story
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Reported by: Powell Gammill
Health care costs to top $8,000 per person News Link  •  Healthcare Industry
 Health care costs to top $8,000 per person
02-23-2009  •  AP 
Health care costs will top $8,000 per person this year. As the recession cuts into tax receipts, Medicare's giant hospital trust fund is running out of cash more rapidly, and could become insolvent as early as 2016,  Read Full Story
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Reported by: Powell Gammill
Former governor Locke likely U.S. commerce nominee News Link  •  Obama Administration
 Former governor Locke likely U.S. commerce nominee
02-23-2009  •  Reuters 
Locke, a Democrat, would be Obama's third choice for the post after his first two nominees, New Mexico Governor Bill Richardson and Republican Senator Judd Gregg, withdrew their names from contention.  Read Full Story
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Reported by: Powell Gammill
Asian Markets Follow Wall St.’s Downward Slump News Link  •  Economy - International
 Asian Markets Follow Wall St.’s Downward Slump
02-23-2009  •  NY Times 
The wave of selling in European and American stock markets spread into Asia on Tuesday, sending key indexes in Japan and Singapore down more than 2 percent and toward the lows they hit in October.  Read Full Story
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Reported by: Powell Gammill
NKorea says it is preparing satellite launch News Link  •  World News
 NKorea says it is preparing satellite launch
02-23-2009  •  AP 
North Korea said Tuesday it is preparing to shoot a satellite into orbit, its clearest reference yet to an impending launch that neighbors and the U.S. suspect will be a provocative test of a long-range missile.  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Powell Gammill
FBI, police rescue child prostitutes around US News Link  •  Law Enforcers or Peace Officers
 FBI, police rescue child prostitutes around US
02-23-2009  •  AP 
The FBI has rescued more than 45 suspected teenage prostitutes, some as young as 13, in a nationwide sweep to remove kids from the illegal sex trade and punish their accused pimps. Over a three-night initiative called Operation Cross Country, federal  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Powell Gammill
Guantanamo detainee arrives in Britain, renews torture claims News Link  •  Torture
 Guantanamo detainee arrives in Britain, renews torture claims
02-23-2009  •  McClatchy News 
Binyam Mohamed, a gaunt-looking, bearded man wearing a cream sweater, white tennis shoes and a white skullcap, stepped off a chartered jet at a British air base after a 10-hour trip from the U.S. military prison at Guantanamo Bay, Cuba  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Powell Gammill
Stanford had links to fund run by Bidens News Link  •  Corruption
 Stanford had links to fund run by Bidens
02-23-2009  •  Reuters 
A fund of hedge funds run by two members of U.S. Vice President Joe Biden's family was marketed exclusively by firms controlled by Texas financier Allen Stanford, charged by regulators with an $8 billion fraud, the Wall Street Journal said.  Read Full Story
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Reported by: Powell Gammill
Two School Girls Run Prostitution Ring News Link  •  Arizona's Top News
 Two School Girls Run Prostitution Ring
02-23-2009  •  FOX 10 AZ 
Phoenix police have arrested two 16-year-old girls for multiple counts of child prostitution, pandering and for receiving the earnings of a prostitute.  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Powell Gammill
Breakfast Speaker: Economic Update & Critique of the Federal Reserve Today Feature Article  •  Events: Arizona
 Breakfast Speaker: Economic Update & Critique of the Federal Reserve Today
Powell Gammill
   Dr. Stephen Happel is a Professor of Economics at the Arizona State University College of Business. Dr. Happel's research focuses on applied microeconomics and demographics. His work ranges from the impact of snowbirds on the economy to free-mar
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