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Date Sent: 2008-09-15
Freedom's Phoenix Headline News for Monday, September 15, 2008 |
Lehman Will File for Bankruptcy -- Israel asks U.S. for arms, air corridor to attack Iran
Unlawful Internet Gambling Bill -- FDIC Insurance Fund - It Doesn't Actually Exist -- Peter Schiff on the plummeting dollar -- Bank of America Buys Merrill -- AIG Seeks Cash as Portfolio Plummets -- Cheney Shielded Bush From Crisis -- Cubs' Zambrano Hurls No-Hitter -- Once Elected, Palin Hired Friends and Lashed Foes -- Removal of Bob Barr as LP presidential nominee -- With White House Push, U.S. Arms Sales Jump -- Lehman Heads Toward Brink as Barclays Ends Talks -- Pakistan army pledges to 'protect territorial integrity' from U.S. incursions -- SWAT Fever: It's Epidemic (Sorry About The Dogs) -- Afghanistan: US killed civilians after false tip -- Ike's aftermath: The return of $4 gas -- Oil Prices: Militants says clashes with Nigerian army mean war -- Felt like "Martial Law" in Los Angeles! -- Houston Swamped: Rescue crews race clock to find, save Ike victims -- Jesse Ventura Meets with Arizona Senator Karen Johnson -- Lehman's 158-year run on Wall Street ends: To be sold to Chinese Government -- Germany urges US to find Lehman Brothers solution -- Hurricane Ike slams Texas coast with major floods
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News Link • Economy - Economics USA
A New Architecture For the Financial World
9-15-2008
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Washington Post
The U.S. financial system this weekend faced its gravest crisis in modern times, as regulators resorted to triage on Wall Street to contain the spreading damage from a meltdown in the housing and mortgage market.
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Reported by:
Powell Gammill
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News Link • Economy - Economics USA
Lehman Says It Will File for Bankruptcy
9-15-2008
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Washington Post
Lehman Brothers said early Monday it will file for bankruptcy, becoming the largest financial firm to fail in the global credit crisis, after federal officials refused to help other companies buy the investment bank by putting up taxpayer money as a
Read Full Story
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Reported by:
Powell Gammill
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News Link • Arizona's Top News
Photo Enforcement Rollout Grinds to a Halt
09/14/2008
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CameraFRAUD.com
Incessant complaints from American Traffic Solutions have thrown a kink in the state’s grand scheme to steal $10 million dollars a month from its own citizens. (ACTION ALERT: CALL the Department of Administration and tell them to reject ALL of these
Read Full Story
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Reported by:
Camera FRAUD
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News Link • Economy - Economics USA
Lehman Failure May Hurt U.S. Commercial Property
9-15-2008
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NY Times
A bankruptcy by Lehman Brothers may prompt the sale of its $32.6 billion of commercial real estate investments, and that just may be the jolt the U.S. property market needs to get sales started again, some real estate executives said.
Read Full Story
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Reported by:
Powell Gammill
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News Link • Legislative Mischief
Unlawful Internet Gambling Bill taken up Tuesday
9-15-2008
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PocketFives
The new bill instructs the U.S. Treasury and Federal Reserve to work together with the Attorney General’s office to establish what is acceptable under the provisions of the Unlawful Internet Gambling Enforcement Act (UIGEA). The bill is expected to b
Read Full Story
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Reported by:
Powell Gammill
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News Link • Federal Reserve
FDIC Insurance Fund - It Doesn't Actually Exist
9-15-2008
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SeekingAlpha
When FDIC head says her agency might have to bolster the FDIC's insurance fund with Treasury borrowings to pay for the new spate of bank failures, a lot of us assumed there's an actual FDIC fund in need of bolstering. We were wrong.
Read Full Story
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Reported by:
Powell Gammill
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News Link • Economy - Economics USA
Banks Fear Next Move by Shorts
9-15-2008
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NY Times
[blame game] In May, David Einhorn, one of the most vocal short sellers on Wall Street, made no secret he was betting against Lehman Brothers. Now, some investors are afraid that fund managers like him will take advantage of the climate of fear stirr
Read Full Story
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Reported by:
Powell Gammill
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News Link • Economy - Economics USA
Big Insurer Seeks Cash as Portfolio Plummets
9-125-2008
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NY Times
The big insurance company, the American International Group, was seeking a $40 billion bridge loan Sunday night from the Federal Reserve, as it faces a potential downgrade from credit ratings agencies that could spell its doom, a person briefed on th
Read Full Story
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Reported by:
Powell Gammill
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News Link • Economy - Economics USA
Weekend Merger: Bank of America Buys Merrill
9-15-2008
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Washington Post
Bank of America struck a $50 billion deal yesterday to buy Merrill Lynch, a merger that will unite the nation's largest consumer bank with one of its most celebrated investment banking firms, according to sources familiar with the negotiations.
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Reported by:
Powell Gammill
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News Link • Entertainment: Sports
Cubs' Zambrano Hurls No - Hitter Against Astros
9-15-2008
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NY Times
Carlos Zambrano pitched the first no-hitter by a Chicago Cubs player in 36 years when he shut out the Houston Astros 5-0 in Milwaukee, Wisconsin on Sunday. Zambrano (14-5) struck out 10, hit one batter and walked another over nine innings in his firs
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Reported by:
Powell Gammill
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News Link • Bush Administration
Cheney Shielded Bush From Crisis
9-15-2008
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Washington Post
With a nod from Cheney, Hayden walked through the program's vital mission. Gonzales said top lawyers at the NSA and Justice had green-lighted the program from the beginning. Now Attorney General John D. Ashcroft was in the hospital, and James B.
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Reported by:
Powell Gammill
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News Link • Economy - Economics USA
No 'Golden Parachutes' for Fannie, Freddie's Ex-Chiefs
9-15-2008
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Washington Post
[wanna bet?] The government yesterday said it would not allow Fannie Mae and Freddie Mac to pay their departing chief executives the separation payments, known as "golden parachutes," outlined in their contracts.
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Reported by:
Powell Gammill
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News Link • Eugenics
Once Elected, Palin Hired Friends and Lashed Foes
9-15-2008
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NY Times
Gov. Sarah Palin lives by the maxim that all politics is local, not to mention personal.
So when there was a vacancy at the top of the State Division of Agriculture, she appointed a high school classmate, Franci Havemeister, to the $95,000-a-year
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Reported by:
Powell Gammill
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News Link • Eugenics
The removal of Bob Barr as the Libertarian Party presidential nominee
9-14-2008
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WikiNews
There is now a serious effort by some in the Libertarian Party to remove Barr as its presidential nominee. In order for this to happen, the matter must be voted upon by members of the Libertarian National Committee. A motion has been written calling
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Reported by:
Powell Gammill
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News Link • Bush Administration
With White House Push, U.S. Arms Sales Jump
9-14-2008
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NY Times
The Bush administration is pushing through a broad array of foreign weapons deals as it seeks to rearm Iraq and Afghanistan, contain North Korea and Iran, and solidify ties with onetime Russian allies.
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Reported by:
Powell Gammill
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News Link • Economy - Economics USA
Lehman Heads Toward Brink as Barclays Ends Talks
9-14-2008
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NY Times
Barclays, considered the leading contender to buy all or part of Lehman, said Sunday that it could not reach a deal without financial support from the federal government or other banks, making a liquidation more likely.
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Reported by:
Powell Gammill
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News Link • WAR: About that War
Pakistan army pledges to 'protect territorial integrity' from U.S. incursions
9-14-2008
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McClatchy News
Pakistan's army chief, responding to a series of U.S. military strikes into Pakistan's tribal areas, pledged Friday to safeguard the country's territorial integrity and claimed the full backing of Pakistan's elected civilian governmen
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Reported by:
Powell Gammill
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News Link • Law Enforcers or Peace Officers
SWAT Fever: It's Epidemic (Sorry About The Dogs)
9-14-2008
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Washington Post
It's sad, of course, that Mayor Calvo's dogs were blown away, left for hours in pools of blood on the floors. It's unfortunate his front door had to be burst open, that it was necessary to plant his mother-in-law on the floor, arms bound,
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Reported by:
Powell Gammill
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News Link • WAR: About that War
Afghanistan: US killed civilians after false tip
9-14-2008
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AP
An American bombing that killed up to 90 Afghan civilians last month was based on false information provided by a rival tribe and did not kill a single Taliban fighter, the president's spokesman said. The claim contradicted a US contention that t
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Reported by:
Powell Gammill
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News Link • Economy - Economics USA
Ike's aftermath: The return of $4 gas
9-14-2008
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CNN
Gas prices are poised to shoot back toward record highs after Hurricane Ike's direct hit to the heart of the nation's oil refineries, analysts said. The average price of gasoline nationwide has already shot up 12 cents in the past two days
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Reported by:
Powell Gammill
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News Link • Iran
Israel asks U.S. for arms, air corridor to attack Iran
9-14-2008
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Haaretz
The security aid package the US has refused to give Israel for the past few months out of concern that Israel would use it to attack nuclear facilities in Iran included a large number of "bunker-buster" bombs, permission to use an air corri
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Reported by:
Powell Gammill
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News Link • Criminal Justice System
Jury decides that threat of global warming justifies breaking the law
9-14-2008
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The Independent
The threat of global warming is so great that campaigners were justified in causing more than £35,000 worth of damage to a coal-fired power station, a jury decided. Shocking ministers and energy companies the jury cleared 6 Greenpeace activists of c
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Reported by:
Powell Gammill
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News Link • World News
Oil Prices: Militants says clashes with Nigerian army mean war
9-14-2008
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AP
The main militant group in Nigeria's southern oil region declared a state of war Sunday after two days of clashes with government forces, launching reprisal raids and raising the specter of more conflict in Africa's biggest oil producer.
Read Full Story
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Reported by:
Powell Gammill
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![What We've Sacrificed in the Name of Security [PIC]](https://www.freedomsphoenix.com/Uploads/Pix/024/09/024-0914123556.jpg)
News Link • Police State
What We've Sacrificed in the Name of Security [PIC]
09-14-2008
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Digg
You take a little everyday from them to construct this barrier of security, both in the mind and in the laws that govern your life.
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Reported by:
Terry Bressi
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News Link • Police State
Felt like "Martial Law" in Los Angeles!
09-14-2008
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The Daily Paul
Thousands of cars and thousands of unsuspecting people are experiencing for the first time in their lives, the full impact of what a police state is all about this morning, folks! The freeway looks like a parking lot!
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Reported by:
Terry Bressi
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News Link • Weather News - Links - History
Houston Swamped: Rescue crews race clock to find, save Ike victims
9-14-2008
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AP
Rescue crews canvassed neighborhoods inundated by Ike's storm surge early Sunday morning, racing against time to save those who spent a second harrowing night trapped amid flattened houses, strewn debris and downed power lines.
Read Full Story
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Reported by:
Powell Gammill
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News Link • Eugenics
Larisa Alexandrovna: White Power - The Republican Base
9-13-08
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Atlargely.com
I have never in my life seen so much hate congregated together, so much plotting the unthinkable and so much encouragement of total derangement as though rabid nationalism coupled with lunacy were somehow a good thing.
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Reported by:
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News Link • Politics: Independent and Other Campaigns
Jesse Ventura Meets with Arizona Senator Karen Johnson
Jesse Ventura meets with Arizona Senator Karen Johnson to discuss various subjects from CIA involvement in his Governance to his being silenced by MSNBC due to his position on the Iraq war.
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Reported by:
Tom Westbrook
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News Link • Federal Reserve
Lehman's 158-year run on Wall Street ends: To be sold to Chinese Government
9-13-08
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Independent.co.uk
China Investment Co, an investment arm of the Chinese government, would join the consortium to gain control of Lehman's extensive portfolio of commercial real estate, it was reported.
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Reported by:
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News Link • Economy - Economics USA
Germany urges US to find Lehman Brothers solution
9-13-2008
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AP
Germany called on U.S. authorities Saturday to find a solution for crisis-hit bank Lehman Brothers before Asian markets reopen for trading early Monday. U.S. officials have so far talked down a government rescue for the country's fourth-largest i
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Reported by:
Powell Gammill
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News Link • Weather News - Links - History
Hurricane Ike slams Texas coast with major floods
9-13-2008
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AP
Massive Hurricane Ike ravaged southeast Texas early Saturday, battering the coast with driving rain and ferocious wind gusts as residents who decided too late they should have heeded orders to evacuate made futile calls for rescue.
Read Full Story
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Reported by:
Powell Gammill
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| Tags: freedoms, phoenix, archives, politics, libertarian, alternative, government, freedom |
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