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Date Sent: 2008-07-24
Freedom's Phoenix Headline News for Thursday, July 24, 2008
 
Flight 93 was shot down on 9/11 -- House OKs taxpayer bailout for Freddie, Fannie mortgage lenders

Ron Paul on the taxpayer bailout of Fannie and Freddie Mae -- Fed says price pressures gain, growth slackens -- Sallie Mae's 2Q profit falls 72% -- Congress Pursues $80 Oil With Trading Limits, Disclosure Rules -- Gas Prices Could Drop To $3.50 A Gallon By Election Time -- Iran to get new Russian air defenses by '09 -- New York Times 2Q profit drops 82% and will raise newsstand price to $1.50 -- MISH: You Know The Banking System Is Unsound When... -- Foreclosures 42% of California Home Sales in June -- Activist Gun-Owner Annoys Rep. McCarthy, Police Raid His House -- Cheney/Bush Steps to Martial Law -- MISH: Death Spiral Financing at WaMu, Merrill Lynch, Citigroup -- Federal Reserve Audited by "Bank of International Settlements" -- The Religious Right Is AWOL From The Real War - by Chuck Baldwin -- Mukasey to Congress: Defy the Rule of Law - by Stephen Lendman -- Bush's Approval Rating Drops to 21% -- Bush: "Wall Street got drunk...it got drunk, and now it's got a hangover" -- Supreme Court: City Not Liable for Dangerous Street
 

Panel OKs one-year ban on new fast-food restaurants in South L.A. News Link  •  Food
Panel OKs one-year ban on new fast-food restaurants in South L.A.
7-23-2008  •  LA Times 
A proposal that would place at least a one-year moratorium on new fast-food restaurants in a broad swath of neighborhoods, mostly in South Los Angeles, won unanimous support from a Los Angeles City Council committee Tuesday.  Read Full Story
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Reported by: Powell Gammill
Chinese gymnasts performing on a 'Russian Bar' - WOW!
News Link  •  Entertainment: Sports
Chinese gymnasts performing on a 'Russian Bar' - WOW!
07-23-2008  •  YouTube 
These are Chinese gymnasts using what is referred to as a 'Russian Bar'. You'll have trouble believing it's possible. Be sure to watch the ending!   Read Full Story
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Reported by: Donna Hancock
Ron Paul on the taxpayer bailout of Fannie and Freddie Mae News Link  •  Legislative Mischief
Ron Paul on the taxpayer bailout of Fannie and Freddie Mae
7-23-2008  •  Youtube 
"The Mother of All Bailouts" Ron Paul talks about the bailout out of the housing industry and how it really just destroys the dollar and adds enormously to the debt. Also, ALL credit card transactions must now be reported to the IRS.   Read Full Story
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Reported by: Powell Gammill
Fed says price pressures gain, growth slackens News Link  •  Economy - Economics USA
Fed says price pressures gain, growth slackens
7-23-2008  •  Reuters 
The United States faced increasing inflationary pressures in recent weeks amid slowing economic growth, the Federal Reserve said on Wednesday, as it described conditions in some areas as "grim," "morose" or "bleak."  Read Full Story
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Reported by: Powell Gammill
TSA Agents Forced Woman To Remove Nipple Rings, Pulled Pants Off Disabled Man News Link  •  Transportation: Air Travel
TSA Agents Forced Woman To Remove Nipple Rings, Pulled Pants Off Disabled Man
7-23-2008  •  CBS News 
"He yelled at me to get the belt off. 'I told you to get the belt off.' So I took the belt off. He ran his hands down over and pulled the pants down, they went down around my ankle," Perry said. Perry was standing in his underwear i  Read Full Story
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Reported by: Powell Gammill
 Sallie Mae's 2Q profit falls 72 percent News Link  •  Economy - Economics USA
Sallie Mae's 2Q profit falls 72 percent
7-23-2008  •  AP 
[Another government corporation in need of a taxpayer bailout.] Continued deterioration in the credit markets has investors shying away from purchasing all but the safest type of debt. As loans have increasingly defaulted over the past year"beginning  Read Full Story
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Reported by: Powell Gammill
Congress Pursues $80 Oil With Trading Limits, Disclosure Rules News Link  •  Legislative Mischief
Congress Pursues $80 Oil With Trading Limits, Disclosure Rules
7-23-2008  •  Bloomberg 
[Insuring wider price fluctuations and shortages pressuring prices up.] Congress may outlaw elements of oil futures trading that lawmakers found distorted demand and contributed to the 69 percent surge in prices in the past year.  Read Full Story
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Reported by: Powell Gammill
Locked and Unloaded News Link  •  Gun Rights
Locked and Unloaded
7-23-2008  •  WTOP/Mark Segraves 
Follow WTOP's (Washington D.C.) Mark Segraves as he attempts to register for a gun license and buy a firearm. [silly, silly grade-school antics]  Read Full Story
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Reported by: Brock Lorber
Gitmo prosecutor: Flight 93 was shot down on 9/11 News Link  •  Conspiracies
Gitmo prosecutor: Flight 93 was shot down on 9/11
7-23-2008  •  Rawstory 
Osama bin Laden's driver knew the target of the fourth hijacked jetliner in the Sept. 11 attacks, a prosecutor said. "If they hadn't shot down the fourth plane it would've hit the dome," Prosecutor Stone, a Navy officer, said in  Read Full Story
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Reported by: Powell Gammill
Analyst Says Prices Could Drop To $3.50 A Gallon By Labor Day News Link  •  Economy - Economics USA
Analyst Says Prices Could Drop To $3.50 A Gallon By Labor Day
7-23-2008  •  CBS News 
[Just in time for the elections...shazaam!] Finally, there's some good news about gas prices. They've dropped nationwide by about a nickel, and as CBS 2's Susan Carlson reports, analysts are predicting even bigger drops through the rest o  Read Full Story
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Reported by: Powell Gammill
House OKs taxpayer bailout for Freddie, Fannie mortgage lenders News Link  •  Economy - Economics USA
House OKs taxpayer bailout for Freddie, Fannie mortgage lenders
7-23-2008  •  AP 
Rescue legislation sailed through the House aimed at helping 400,000 strapped homeowners avoid foreclosure and to prevent troubled mortgage giants Fannie Mae and Freddie Mac from collapsing.  Read Full Story
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Reported by: Powell Gammill
Iran to get new Russian air defenses by '09 News Link  •  Iran
Iran to get new Russian air defenses by '09
07-23-2008  •  Reuters 
TEL AVIV, July 23 (Reuters) - Iran is set to receive an advanced Russian-made anti-aircraft system by year-end that could help fend off any preemptive strikes against its nuclear facilities, senior Israeli defence sources said on Wednesday.  Read Full Story
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Reported by: Ernest Hancock
New York Times to raise newsstand price to $1.50 News Link  •  MEDIA (MainStreamMedia - aka MSM)
New York Times to raise newsstand price to $1.50
07-23-2008  •  www.breitbart.com 
Last increase came a year ago. The NYT recently announced a 4.5% increase in home delivery prices for the paper that takes effect this month, the second bump in a year. The increases helped overall circulation revenue rise 2.5 percent in the latest q  Read Full Story
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Reported by: Ernest Hancock
Feature Article  •  Revolutions, Rebellions & Uprisings
"DEADLINE LIVE" with talk show host Jack Blood - guest Ernest Hancock
Ernest Hancock
   DEADLINE LIVE - with Jack Blood, airs on GENESIS COMMUNICATIONS NETWORK www.gcnlive.com and can be heard on AM & FMs all over the USA, and on Global Satellite. Two Revolutionaries get busy on the air and bare all
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New York Times 2Q profit drops 82 percent News Link  •  Media: Print
New York Times 2Q profit drops 82 percent
07-23-2008  •  www.breitbart.com 
NEW YORK (AP) - New York Times Co. says its second-quarter earnings fell 82 percent from the year-ago quarter boosted by a one-time gain. Meanwhile, print advertising revenue continued to shrink.  Read Full Story
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Reported by: Ernest Hancock
Obama on the Brink News Link  •  Eugenics
Obama on the Brink
7-23-08  •  TruthDig.com 
Yes, just like former maverick John McCain, who has refashioned himself as a mindless rubber stamp for the most inane policies of the miserably failed Bush administration. Both candidates are embracing, the fundamental irrationality of Bush’s “war on  Read Full Story
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Reported by:
Commodity prices listed by Different Currencies News Link  •  Economy - Economics USA
Commodity prices listed by Different Currencies
07-23-2008  •  www.infomine.com/investment/metalschart.asp 
(Does the Swiss Franc 10 year Gold chart compared to the US$ 10 year chart show some interesting information on the decline of the US$ in comparison... this was the closest I could get. All Currencies listed,... but the Swiss Franc ???)  Read Full Story
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Reported by: Ernest Hancock
Bush Drops Opposition to Housing Bill News Link  •  Economy - Economics USA
Bush Drops Opposition to Housing Bill
07-23-2008  •  New York Times 
Mr. Bush had voiced objections to a $3.9 billion provision that would give grants for local governments to purchase and refurbish foreclosed properties " a provision that the White House regards as a bailout.  Read Full Story
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Reported by: Ernest Hancock
You Know The Banking System Is Unsound When... News Link  •  Federal Reserve
You Know The Banking System Is Unsound When...
7-23-08  •  Michael Shedlock / Mish 
Of the $6.84 Trillion in bank deposits, the total cash on hand at banks is a mere $273.7 Billion. Where is the rest of the loot?  Read Full Story
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Reported by:
News Link  •  Revolutions, Rebellions & Uprisings
Revolution Ron Paul Style, the Fun is Just Beginning
07-21-2008  •  AmericanChronicle.com 
By Szandor Blestman - As anyone who has been paying attention to the Ron Paul r3VOLution knows, the movement was never really about getting Ron Paul elected president " although that certainly should have happened considering the other (cough) candid  Read Full Story
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Reported by: Ed Vallejo
Foreclosures 41.9 Percent of California Home Sales in June News Link  •  Economy - Economics USA
Foreclosures 41.9 Percent of California Home Sales in June
7-23-08  •  MrMortgage.ml-implode.com 
All over the country, neighborhoods are being marked-to-market overnight due to shadow inventory being dumped that was never shown as part of the listed housing stock in the first place.  Read Full Story
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Reported by:
Activist Gun-Owner Annoys NY Rep. McCarthy,...McCarthy Has Police Raid His House News Link  •  Gun Rights
Activist Gun-Owner Annoys NY Rep. McCarthy,...McCarthy Has Police Raid His House
7-21-2008  •  New York Post 
Gabriel Razzano claims he was targeted in the raid for his "unpopular" political beliefs. He's filed a $5 million federal lawsuit against the Nassau PD and McCarthy, charging they joined forces to strip him of his guns unconstitutionall  Read Full Story
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Reported by: Chip Saunders
Ed Ciaccio: A Quiet Coup: Cheney/Bush Steps to Martial Law News Link  •  Bill of Rights
Ed Ciaccio: A Quiet Coup: Cheney/Bush Steps to Martial Law
7-23-08  •  BuzzFlash.com 
As a result of these steps, the president now has much more power than ever before in U.S. history, certainly more than our Constitution allows him, according to most Constitutional scholars such as Jonathan Turley, Glenn Greenwald, Bruce Fein, and J  Read Full Story
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Reported by:
Death Spiral Financing at WaMu, Merrill Lynch, Citigroup News Link  •  Economy - Economics USA
Death Spiral Financing at WaMu, Merrill Lynch, Citigroup
7-23-08  •  Michael Shedlock / Mish 
Is it any wonder that Citigroup is desperate to dump $500 billion in assets? The saving grace for Citigroup is that it has assets to dump. The big question is ho much those assets will fetch. I believe it will be far less that Citigroup thinks.  Read Full Story
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Reported by:
Understanding How Screwed We All Are - Feature Article  •  Economy - International
Understanding How Screwed We All Are - "The Greatest Depression" " by Ernest Hancock
Ernest Hancock
   I'm starting to see the pattern in the tapestry. There is enough information provided in this article for all of us to begin wrapping our minds around what is about to happen, how and by whom (Why? Trillions of looted dollars,... that's why)
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The Religious Right Is AWOL From The Real War Opinion  •  Philosophy: Political
Food For Thought
The Religious Right Is AWOL From The Real War
07/23/08
Chuck Baldwin
   I want to begin this column with one of my all-time favorite quotes. It comes from the great German reformer Martin Luther.
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Bush's Approval Rating Drops to 21 Percent News Link  •  Bush Administration
Bush's Approval Rating Drops to 21 Percent
7-23-08  •  AmericanResearchGroup.com 
Among all Americans, 21% approve of the way Bush is handling his job as president and 72% disapprove. When it comes to Bush's handling of the economy, 17% approve and 77% disapprove.  Read Full Story
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Reported by:
Mukasey to Congress: Defy the Rule of Law Feature Article  •  Criminal Justice System
Mukasey to Congress: Defy the Rule of Law
Stephen Lendman
   The Bush administration's latest police state tactic.
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South Dakota Supreme Court: City Not Liable for Dangerous Street News Link  •  Corruption
South Dakota Supreme Court: City Not Liable for Dangerous Street
07-22-2008  •  The Newspaper 
If towns & cities aren't liable for dangerous streets and police aren't liable for failing to protect you and tax payers don't have standing in court to challenge the way taxes are used, why should tax payers be liable to pay taxes...  Read Full Story
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Reported by: Terry Bressi
Bush: News Link  •  Bush Administration
Bush: "Wall Street got drunk...it got drunk, and now it's got a hangover"
7-22-08  •  Rawstory.com 
The question is, how long [until it sobers up], and not try to do all these fancy financial instruments?  Read Full Story
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Reported by:
2003: The Last Time McCain was Correct Feature Article  •  Politics: Republican Campaigns
2003: The Last Time McCain was Correct
Brock Lorber
   Arizona may be the only state in the nation where mothers no longer tell their children that some day they can grow up and be President of the United States.
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