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Date Sent: 2009-07-17
Freedom's Phoenix Global Edition for Friday, July 17, 2009 PM edition |
Obama’s War Signals with Iran in the crosshairs -- Senate Passes the Federal Hate Crime Bill
Conservative group offers to sell endorsement for $2M -- Air Force chief of staff acted improperly -- Grain, livestock farmers resist regulation by FDA -- Income Tax Withholding Has Fallen Off a Cliff -- 'Bruno's' Palestinian 'terrorist' plans to sue over film -- Bailed out Bank of America earns $2.4B, ahead of estimates -- Bailed out Citigroup profit soars on Smith Barney sale -- Jumbo squid invade San Diego shores, chew on divers -- Ritholtz: Housing Starts Fall 46% -- Gov. Sanford traveled well on taxpayers' dime -- California Budget Talks Falter as Treasurer Warns of Junk Debt -- VP Biden: ‘We Have to Go Spend Money to Keep From Going Bankrupt’ (by MISH) -- FDIC's Sheila Bair says 500 Banks Could Fail
-- Senator DeMint speaks against hate crimes bill -- Solving
California's Debt Crisis -- WHO: H1N1 pandemic spreading too fast to
count
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News Link • Corruption
Conservative group offers to sell endorsement for $2M
07-17-2009
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Politico
The American Conservative Union asked FedEx
for a check for $2 million to $3 million in return for the group’s
endorsement in a bitter legislative dispute, then the group’s president
flipped and sided with UPS after FedEx refused to pay.
For the $2 million plus, ACU offered a range of services that
included: “Producing op-eds and articles written by ACU’s Chairman David Keene and/or other members of the ACU’s board of directors.
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Reported by:
Powell Gammill
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News Link • Food
Grain, livestock farmers resist regulation by FDA
07-17-2009
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McClatchy News
A bill to overhaul the safety of the nation's food supply is
confusingly written and must not go forward until the Food and Drug
Administration power over grain and livestock is removed, food industry
representatives and members of Congress said Thursday.
Industry representatives from the American Meat Institute, the National
Farmers Union, and other groups, as well as some lawmakers, don't think
the FDA has enough experience or people to regulate grain and
livestock, a job that traditionally has fallen to the Agriculture
Department.
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Reported by:
Powell Gammill
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News Link • Science
Palaeocene-Eocene Thermal maximum (PETM)
07-17-2009
•
arclein
No one knows exactly how much Earth's climate will warm due to carbon emissions, but a new study this week suggests scientists' best predictions about global warming might be incorrect.
The study, which appears in Nature Geoscience, found that climate models
explain only about half of the heating that occurred during a well-documented period of rapid global warming in Earth's ancient past. The study, which was published online today, contains an analysis of published records from a period of rapid climatic warming about 55 million years ago known as the Palaeocene-Eocene thermal maximum, or PETM.
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Reported by:
robert klein
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News Link • Humor
How to Succeed as an Ayn Rand Character
07-17-2009
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Cracked
The works of Ayn Rand include Atlas Shrugged, a popular novel on the
evils of government regulations, The Fountainhead, the story of
rebellious architect Howard Roark struggling to maintain his integrity,
and Anthem, which I didn't read because you only need the first two to
be trendy.
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Reported by:
Brock Lorber
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News Link • Economy - Economics USA
Bailed out Bank of America earns $2.4B, ahead of estimates
07-17-2009
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AP
Bank of America joined other major banks in reporting
better-than-expected second quarter income, earning $2.42
billion even as losses from failed loans continued to rise. "But big consumer banks, and Bank of America is the biggest, they are
the ones who have the most to lose in a prolonged consumer-oriented
recession."
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Reported by:
Powell Gammill
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News Link • Science, Medicine and Technology
Jumbo squid invade San Diego shores, chew on divers
07-17-2009
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AP
Thousands of jumbo flying squid " aggressive 5-foot-long sea monsters
with razor-sharp beaks and toothy tentacles " have invaded the shallow
waters off San Diego....known to attack humans and are nicknamed "red devils" for their
rust-red coloring and mean streak. Those who dive with them there chum
the water with bait and sometimes get in a metal cage or wear chain
mail to avoid being lashed by tentacles.
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Reported by:
Powell Gammill
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News Link • Iran
Mystery surrounds crash of 'fit to fly' Iran plane
07/16/2009
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Press TV
With Armenia's civil aviation organization confirming that the Caspian Airlines plane that crashed in Iran on Wednesday had passed all pre-flight safety inspections, the cause of the disaster remains a mystery.
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Reported by:
Lola Flores
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News Link • Economy - Economics USA
Solving California's Debt Crisis
07-17-2009
•
arclein
The fact is that California needs to create a state bank similar to that of North Dakota just to insulate itself from the type of reckless behavior now smashing up the US banking system. They comment on North Dakota’s long history. For what it is worth, you step across the border and you enter a hotbed of experimentation created by the great depression
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Reported by:
robert klein
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