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Date Sent: 2008-01-29
Freedom's Phoenix Headline News for Tuesday, January 29, 2008
 
White House proposes nuclear exchange with Turkey -- Cell Porn Scandal Hits High School

How much time will you serve for owning a slave in America? -- US mortgage crisis creates ghost town -- Hillary and McCain are very close -- Who's minding the CIA? -- Presidential hopeful Ron Paul slams stimulus package, Fed rate cuts -- Challenge to Ron Paul Economic Revitalization Plan -- The great fiscal stimulus package ... of 1929 -- Paul: Economic Stimulus Concerns -- New Home Sales: Cliff Diving -- Traders Bank on Rate Cut; Dow Jumps 100 Points -- The War in Iraq and the American Economy -- Ron Paul: "U.S. has run out of money" -- MISH: Crash Course For Bernanke -- MISH: 60 Minutes Legitimizes Walking Away -- California Foreclosure Defaults Jump 45.4% In December -- Man acquitted on drug charges like father before him -- Heath Ledger's masseuse faces jail time -- Stock Drop Delays Highest Number of IPOs in 10 Years -- India shares open lower tracking weak Asian cues, Wall Street fall -- Chinese shares plunge 7.19% after Wall Street sell-off -- N.H. RECOUNT - URGENT ACTION REQUIRED
 

How much time will you serve for owning a slave in modern America? News Link  •  Criminal Justice System
How much time will you serve for owning a slave in modern America?
1-28-2008  •  AFP 
A former top Hollywood studio lawyer was sentenced by US District Judge Dale Fischer to perform 200 hours of community service for admitting a charge of alien harboring. His wife got 3 years in prison.  Read Full Story
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Reported by: Powell Gammill
US mortgage crisis creates ghost town News Link  •  Housing
US mortgage crisis creates ghost town
1-28-2008  •  AFP 
The streets are empty. Trash rustles down the road past rusted barbecues, abandoned furniture, sagging homes and gardens turned to weed. Faded "for sale" signs sit in front of deserted houses. The residents are gone, either in search of new  Read Full Story
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Reported by: Powell Gammill
Cell Porn Scandal Hits Pa. High School News Link  •  Sexuality: Sex and the Law
Cell Porn Scandal Hits Pa. High School
1-28-2008  •  AP 
District Attorney James B. Martin said at least 40 Parkland High School students believed to have received the images would not face prosecution as long as they show their phones to police by Tuesday to ensure the images have been erased.  Read Full Story
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Reported by: Powell Gammill
Bill: Hillary and McCain are very close News Link  •  Eugenics
Bill: Hillary and McCain are very close
1-28-2008  •  CNN 
"She and John McCain are very close," Clinton said. "They always laugh that if they wound up being the nominees of their party, it would be the most civilized election in American history, and they're afraid they'd put the vote  Read Full Story
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Reported by: Powell Gammill
Ron Paul: UNDEFEATED! News Link  •  Politics: Republican Campaigns
Ron Paul: UNDEFEATED!
01-28-2008  •  RP4409 
Have you seen these around the Valley? If not, keep your eyes peeled  Read Full Story
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Reported by: Jon Marino
White House proposes agreement on nuclear exchange with Turkey News Link  •  Bush Administration
White House proposes agreement on nuclear exchange with Turkey
01-28-2008  •  The White House 
This was slipped under the radar, in which there was hardly any press coverage. This adminstration just amazes me. Iran can't develop it for peaceful purposes, but Turkey can. Didn't Turkey bomb northern Iraq, and troops entered Iraq? Ama  Read Full Story
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Reported by: Jean Carbonneau
Commentary:  Who's minding the CIA? News Link  •  Central Intelligence Agency
Commentary: Who's minding the CIA?
01-28-2008  •  Washington Independent(Milt Bearden) 
(Ernie interviewed this guy on his show a few years back) American intelligence has a serious problem. But it is not that the former head of the CIA's clandestine services, Jose Rodriquez, allegedly destroyed, in 2005, the videotapes of the enh  Read Full Story
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Reported by: Jean Carbonneau
Presidential hopeful Ron Paul slams stimulus package, Fed rate cuts News Link  •  Eugenics
Presidential hopeful Ron Paul slams stimulus package, Fed rate cuts
1-28-2008  •  Lanka Business Online (foreign) 
Republican presidential hopeful Ron Paul has slammed a US economic stimulus package based on tax-refunds and called for fiscal prudence and less Federal Reserve money printing, which caused the current turmoil in the first place.  Read Full Story
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Reported by: Powell Gammill
Challenge to Ron Paul Economic Revitalization Plan News Link  •  Eugenics
Challenge to Ron Paul Economic Revitalization Plan
1-28-2008  •  Nolan Chart 
There is an uncanny silence about the Economic Revitalization Plan published by Ron Paul on January 24th. Neither MSM nor the "top tier" candidates have pounced on it as voodoo economics or what-have-you. But it has caught us off guard too.  Read Full Story
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Reported by: Powell Gammill
The great fiscal stimulus package ... of 1929 News Link  •  Economy - Economics USA
The great fiscal stimulus package ... of 1929
1-28-2008  •  MarketWatch 
Some observers draw a darker metaphor, noting that much of what we are seeing now also took place in 1929. As we know, that meltdown was not followed by a happy ending, but rather by a decade of poverty, shantytowns and sporadic famine.  Read Full Story
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Reported by: Powell Gammill
Economic Stimulus Concerns<br>by U.S. Rep. Ron Paul, M.D. (R-TX) Feature Article  •  Legislative Mischief
Economic Stimulus Concerns
by U.S. Rep. Ron Paul, M.D. (R-TX)

Powell Gammill
   It seems by their actions the leadership and the Fed is finally willing to admit we have a problem, and we need to do something about the economic mess we are in. They are not being honest about the root cause of our impending crisis and want to deal
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What Ya Gonna Do When the Well Runs Dry? Opinion  •  Books
CONNECTING THE DOTS
What Ya Gonna Do When the Well Runs Dry?
1-28-2008
Frosty Wooldridge
   What happens when you overload carrying capacity? What happens when Arizona cannot draw any more water out of the Colorado River? What happens when Phoenix becomes the next Atlanta, Georgia because Lake Lanier turned into a dry lack bed? Find out i
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A Sign of Dubai's Oil Wealth News Link  •  Geography
A Sign of Dubai's Oil Wealth
1-28-08  •  BBC.co.uk 
Have ever wondered what the Arab world does with the wealth they accumulate by charging over $90 a barrel for oil?  Read Full Story
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Reported by:
New Home Sales: Cliff Diving News Link  •  Housing
New Home Sales: Cliff Diving
1-28-08  •  CalculatedRisk.blogspot.com 
When you look at the fall in new home sales over the last two years you will understand why they call this cliff diving.  Read Full Story
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Reported by:
Traders Bank on Rate Cut; Dow Jumps 100 Points News Link  •  Economy - Economics USA
Traders Bank on Rate Cut; Dow Jumps 100 Points
01-28-2008  •  www.foxbusiness.com 
Bad news means good news on Wall Street -- at least that's the case until after the Fed's next policy meeting. Wall Street is rallying today on the hopes that more ugly housing data will prod the Fed into making another aggressive interest ra  Read Full Story
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Reported by: Ernest Hancock
The War in Iraq and the American Economy News Link  •  Economy - Economics USA
The War in Iraq and the American Economy
01-28-2008  •  YouTube 
New York Times columnist and Princeton University Economics professor Paul Krugman visits UC Berkeley to discuss the war on Iraq and the American economy. Series: UC Berkeley Graduate School of Journalism presents...  Read Full Story
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Reported by: Ernest Hancock
60 Minutes - Show segments News Link  •  Housing
60 Minutes - Show segments
01-28-2008  •  CBS.com 
House of Cards: Housing Bubble - Saddam's Translator -  Read Full Story
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Reported by: Ernest Hancock
Ron Paul: News Link  •  Eugenics
Ron Paul: "U.S. has run out of money"
1-28-08  •  PressTV.com 
"We have consumed everything we have gotten. So, we either have to borrow it from China or we print the money, which is inflationary. So, I'm opposed to that," he added.  Read Full Story
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Reported by:
Crash Course For Bernanke News Link  •  Economy - Economics USA
Crash Course For Bernanke
1-28-08  •  Michael Shedlock / Mish 
Analysis will show that Bernanke can change interest rates but not attitudes, and attitudes are far more important. Indeed, changes in attitudes will render all of Bernanke's theories about the Great Depression meaningless.  Read Full Story
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Reported by:
60 Minutes Legitimizes Walking Away News Link  •  Housing
60 Minutes Legitimizes Walking Away
1-28-08  •  Michael Shedlock / Mish 
Welcome to Deflation American Style. At the current rate of progression, Deflation American Style figures to be far worse than anything Japan ever saw.  Read Full Story
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Reported by:
Foreclosure Radar: California Foreclosure Defaults Jump 45.4% In December News Link  •  Housing
Foreclosure Radar: California Foreclosure Defaults Jump 45.4% In December
1-28-08  •  Huliq.com 
The number of NOD in December was 32,948 compared to 22,665 in November.  Read Full Story
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Reported by:
Man acquited on drug charges like father before him News Link  •  Criminal Justice System
Man acquited on drug charges like father before him
01-28-2007  •  Naples Daily News 
Six months after his father claimed entrapment and was cleared of cocaine trafficking charges, a 22-year-old Naples, FL. man also was acquitted after telling jurors he had no idea his father was selling drugs when he acted as an interpreter for two d  Read Full Story
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Reported by: Mike Renzulli
Heath Ledger's masseuse faces jail time News Link  •  Economy - Economics USA
Heath Ledger's masseuse faces jail time
01-28-2007  •  2Snaps.tv 
Diana Lee Wolozin, the masseuse who found Heath Ledger's body on Tuesday, is facing felony charges for being an unlicensed massage therapist in New York state.  Read Full Story
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Reported by: Mike Renzulli
Stock Drop Delays Highest Number of IPOs in 10 Years (Update1) News Link  •  Economy - International
Stock Drop Delays Highest Number of IPOs in 10 Years (Update1)
01-28-2008  •  Bloomberg.com 
Europe's Dow Jones Stoxx 600 Index has tumbled as much as 24 percent from a six-year high on June 1. Tumbling equity markets prompted 24 companies this month to halt plans for initial public offerings, the most in at least a decade.  Read Full Story
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Reported by: Ernest Hancock
India shares open lower tracking weak Asian cues, Wall Street fall UPDATE News Link  •  Economy - International
India shares open lower tracking weak Asian cues, Wall Street fall UPDATE
01-28-2008  •  www.forbes.com 
Stock markets across Asia tumbled Monday, with the Shanghai Composite leading the sell-off with a 5.5 pct decline.  Read Full Story
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Reported by: Ernest Hancock
Chinese shares plunge 7.19% after Wall Street sell-off News Link  •  Economy - International
Chinese shares plunge 7.19% after Wall Street sell-off
01-28-2008  •  China Daily 
(The U.S. Market will open in a couple of hours to a blood bath, news will focus on more inflation producing efforts by the Federal Reserve to come this week and then Bush will face the nation tonight in his final State of the Union,... interesting)  Read Full Story
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Reported by: Ernest Hancock
Reviewing Jennifer Van Bergen's Feature Article  •  Philosophy: Fascism
Reviewing Jennifer Van Bergen's "The Twilight of Democracy"
Stephen Lendman
   The death of democracy post-9/11.
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N.H. RECOUNT - URGENT ACTION REQUIRED (the Bad Guys are being very bad) News Link  •  Voting: Vote Fraud
N.H. RECOUNT - URGENT ACTION REQUIRED (the Bad Guys are being very bad)
01-28-2008  •  Devvy Kidd 
Call and fax the Attorney General's office. Tell State Attorney General Kelly Ayotte, you insist her office open a criminal inquiry into the actions of the Office of the Secretary of State regarding the recount  Read Full Story
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Reported by: Ernest Hancock
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