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Date Sent: 2008-04-16
Freedom's Phoenix Headline News for Wednesday, April 16, 2008
 
World's new crisis: soaring food prices -- Foreclosures jump 57% and repossess 129% in last year

Walking Away: The Next Mortgage Crisis - by MISH -- The crime of "visual sexual aggression" -- Ex-CIA Official: Cheney behind Basra offensive -- Banks auction homes at fire-sale prices -- Wal-Mart to Film Gun Sales in Bid to Fight Crime -- Child "protective" services rewarded for breaking up families -- Declare Your Independence with Barry Hess -- U.S. and Britain shift the blame for high oil prices on brown people -- McCain calls for temporary suspension of gas tax
 

Walking Away: The Next Mortgage Crisis News Link  •  Economy - Economics USA
Walking Away: The Next Mortgage Crisis
4-15-08  •  Michael Shedlock / Mish 
Looking ahead to 2010-2011 I see a different set of problems. Those problems are Alt-A and Pay Option ARMS. And that is where the liar loans (no-doc loans) are hidden. Liar loans are likely to blow up long before we get to 2011  Read Full Story
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Reported by:
Record Home Price Drop in Southern California News Link  •  Economy - Economics USA
Record Home Price Drop in Southern California
4-15-08  •  Michael Shedlock / Mish 
Those thinking of buying a house now, especially in California, may want to rethink their plans. Start looking for a bottom, or at least more reasonable prices in 2011-2012.  Read Full Story
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Reported by:
Who's Watching You? Tesco To Monitor Millions Of Consumers Around The World News Link  •  Domestic Policy
Who's Watching You? Tesco To Monitor Millions Of Consumers Around The World
04-15-2008  •  waronyou 
This story should scare you. If it doesn’t you need to read Who’s Watching You?: The Chilling Truth about the State, Surveillance, and Personal Freedom by Mick Farren and John Gibb.Tesco is to monitor and record the shopping habits of more than 60 mi  Read Full Story
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Reported by: War Onyou
Congressman Denied Access to Martial Law Plan News Link  •  Domestic Policy
Congressman Denied Access to Martial Law Plan
04-15-2008  •  waronyou 
Congressman Peter DeFAZIO discusses how he was denied access to martial law plan   Read Full Story
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Reported by: War Onyou
Bush / Cheney to Attempt Possible Coup News Link  •  Foreign Policy
Bush / Cheney to Attempt Possible Coup
04-15-2008  •  waronyou 
Presentational Directives NSPD51 and HSPD20   Read Full Story
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Reported by: War Onyou
World's new crisis: soaring food prices News Link  •  Economy - Economics USA
World's new crisis: soaring food prices
04-15-2008  •  waronyou 
THE World Bank has issued an urgent call to rich nations to help stem rising food prices, warning that social unrest in poor countries is spreading and that 100 million people are at risk of being plunged deeper into poverty.   Read Full Story
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Reported by: War Onyou
Ex-CIA Official: Cheney behind Basra offensive News Link  •  WAR: About that War
Ex-CIA Official: Cheney behind Basra offensive
04-15-2008  •  waronyou 
Sad how neocons, and corrupt politicians manipulate the disgraced US military.   Read Full Story
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Reported by: War Onyou
Coming Soon: Thought Crime, Maine-Style! News Link  •  Legislative Mischief
Coming Soon: Thought Crime, Maine-Style!
04-15-2008  •  Mondoreb 
Maine has a bill which has already passed the state House which creates the crime of "visual sexual aggression". Of course, the bill is perfect, because it's"for the children". Meet the lady behind the thought crime.  Read Full Story
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Reported by: Randy Ricochet
Wal-Mart to Film Gun Sales in Bid to Fight Crime News Link  •  Gun Rights
Wal-Mart to Film Gun Sales in Bid to Fight Crime
4/14/08  •  Blacklisted News 
Wal-Mart, which is the largest seller of firearms in the United States, agreed to a 10-point code, which also includes rigid inventory controls, with a bipartisan coalition of Mayors Against Illegal Guns led by New York's Michael Bloomberg.  Read Full Story
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Reported by: Mike Shipley
Banks auction homes at fire-sale prices News Link  •  Economy - Economics USA
Banks auction homes at fire-sale prices
4-13-08  •  MiamiHerald.com 
• A three-bedroom house in Miami Shores that sold for $460,000 two years ago, went for $177,500. • A two-bedroom house in Coral Gables that sold for $670,000 in September 2005, fetched a bid of $300,000.  Read Full Story
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Reported by:
Declare Your Independence with Barry Hess News Link  •  Declare Your Independence with Ernest Hancock
Declare Your Independence with Barry Hess
04-15-2008  •  MP3 audio 
Barry fills in for Ernest's radio show while he is in Washington D.C. for the Granny Warriors' Ron Paul rally on the mall. And what better week and who better to discuss taxation than Barry Hess in this episode.  Read Full Story
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Reported by: Powell Gammill
Adoption Bonuses: The Money Behind the Madness
DSS and affiliates rewarded for breaking up families News Link  •  Religion: Unregistered Churches
Adoption Bonuses: The Money Behind the Madness DSS and affiliates rewarded for breaking up families
05-05-2000  •  Nev Moore, Massachusetts News 
Each state is given a baseline number of expected adoptions based on population. For every child that DSS can get adopted, there is a bonus of $4,000 to $6,000 [from the Federal government]. A goldmine for Texas CSS?  Read Full Story
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Reported by: Leon Felkins
Foreclosures jump 57% and repos 129% in last 12 months News Link  •  Economy - Economics USA
Foreclosures jump 57% and repos 129% in last 12 months
4-15-2008  •  Reuters 
Home foreclosure filings surged 57% in the 12 month-period ended in March and bank repossessions soared 129% from a year ago, as homeowners struggled to make mortgage payments, real estate data firm RealtyTrac said.  Read Full Story
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Reported by: Powell Gammill
U.S. and Britain shift the blame for high oil prices News Link  •  Economy - Economics USA
U.S. and Britain shift the blame for high oil prices
4-15-2008  •  Reuters 
Britain and the United States blame OPEC for record high oil prices that have exacerbated a global economic slowdown, but some analysts believe the cause for oil's run-up may lie closer to home: a battered dollar, weakened by a U.S. housing marke  Read Full Story
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Reported by: Powell Gammill
McCain calls for temporary suspension of gas tax News Link  •  Eugenics
McCain calls for temporary suspension of gas tax
4-15-2008  •  Reuters 
Sen. McCain called on Congress to suspend the 18.4 cent federal gas tax and 24.4 cent diesel tax from Memorial Day at the end of May to Labor Day at the beginning of September. And to stop filling the Strategic Petroleum Reserve which is driving up t  Read Full Story
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Reported by: Powell Gammill
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