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Date Sent: 2008-10-13
Freedom's Phoenix Headline News for Monday, October 13, 2008
 
Gov't eyes plan to take ownership stakes in banks -- US Treasury stands by to save Morgan Stanley

One step closer to Rezko giving Obama up to federal prosecutors -- Asian stocks not plummeting so far -- US Officials Offer Protection to Japan Investors -- G7 Nations: Poised to take "urgent and exceptional" joint action -- US Declares North Korea Off Terror List -- MISH: Fannie, Freddie Commit to Waste $40 Billion a Month Taxpayer Money -- UK Proposes $500 Billion European Bank Bailout -- German Bank Bailout to Be Over $400 Billion -- Tape Blows Cover On True Treasury Intentions -- CDS Market Is a $50 Trillion Blind Date from Hell -- Bush continues making Middle East unsafe for Christians -- GM and Chrysler hold merger talks -- AIG, Castigated for Resort Event, Plan Another One -- Credit crisis could lead to food crisis -- Pawnshop business heats up as economy freezes -- Army Orders Pain Ray Trucks That Have 'Potential for Death' -- Why European Banks Look Precarious -- Regulation: The Cause, Not the Cure, of the Financial Crisis -- Without a Trace: The Smokeless Gun of Flagrant Election Fixing -- G7 fails to agree on bank nationalization -- America's Spy Software Scandal, Courtesy of the US DOJ
 
One step closer to Rezko giving Obama up to federal prosecutors News Link  •  Eugenics
One step closer to Rezko giving Obama up to federal prosecutors
10-13-2008  •  HillBuzz 
The Sun Times today gave a major clue that Barack Obama will indeed go down with Tony Rezko, sooner rather than later. It looks as though Rezko is about to turn on Alexi Giannoulias, the State Treasurer of Illinois (who was elected only because Obam  Read Full Story
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Reported by: Powell Gammill
Georgia Democrat's Re-Election Gets Tougher After Bailout Vote News Link  •  Politics: Democratic Campaigns
 Georgia Democrat's Re-Election Gets Tougher After Bailout Vote
10-13-2008  •  Bloomberg 
The state fair last week in Georgia had something for everyone: pulled-pork stands, bumper cars, the "World Famous Redwood Log House'' -- and a testy debate over the $700 billion plan to arrest the nation's financial crisis.  Read Full Story
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Reported by: Powell Gammill
Asian stocks not plummeting so far News Link  •  Economy - International
 Asian stocks not plummeting so far
10-13-2008  •  Bloomberg 
Asian stocks rose, rebounding from the worst week since at least 1987, after Australia guaranteed bank deposits and European leaders agreed to support lenders in a global effort to end the credit crisis. U.S. index futures gained.  Read Full Story
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Reported by: Powell Gammill
U.S. Officials Offer Protection to Japan Investors News Link  •  Economy - Economics USA
 U.S. Officials Offer Protection to Japan Investors
10-13-2008  •  NY Times 
In what could set an important precedent, federal officials assured a big Japanese bank late Sunday that its planned investment in the embattled Wall Street giant Morgan Stanley would be protected, according to people involved in the talks.  Read Full Story
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Reported by: Powell Gammill
Gov't eyes plan to take ownership stakes in banks News Link  •  Economy - Economics USA
 Gov't eyes plan to take ownership stakes in banks
10-12-2008  •  AP 
U.S. lawmakers urged quick action by the Bush administration on measures to make direct purchases of bank stock to help unlock lending. ["Wats 'n yur wallet?!"]  Read Full Story
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Reported by: Powell Gammill
Obama's Magic News Link  •  Eugenics
Obama's Magic
10-12-2008  •  by Kimberley Strassel (h/t Joe Cobb) 
And now, America, we introduce the Great Obama! The world's most gifted political magician! A thing of wonder. A thing of awe. Just watch him defy politics, economics, even gravity! (And hold your applause until the end, please.)  Read Full Story
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Reported by: Powell Gammill
Arizona Activists Zoom in On Speed Camera Van News Link  •  Humor
 Arizona Activists Zoom in On Speed Camera Van
10/12/2008  •  thenewspaper.com 
Activists in Scottsdale trained their own telephoto lenses on a speed camera operator at around 5pm in the afternoon on Thursday... Camerafraud.com wanted to give the public a rare glimpse inside an active speed trap -- the same view that the photo r  Read Full Story
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Reported by: Camera FRAUD
News Link  •  Corruption
 Redflex photo enforcement camera fraud exposed by 4409
10/12/2008  •  Daily Newscaster 
Karen Finely CEO of Australian owned Redflex says this about your rights, “When you use a public roadway, you give up your right to privacy.” Redflex made $26 million last year and hopes to have revenues of $3 billion in the next decade.  Read Full Story
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Reported by: D. H. Williams
G7 Nations: Poised to take News Link  •  Economy - International
 G7 Nations: Poised to take "urgent and exceptional" joint action
10-12-08  •  FT.com/cms 
None of the ministers or central bankers was sure the emerging plan would work, but with stock markets in freefall and banks unable to borrow from each other even overnight, they agreed a bold initiative was essential.  Read Full Story
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Reported by:
Bringing Oysters Back to Manhattan Island News Link  •  Science, Medicine and Technology
 Bringing Oysters Back to Manhattan Island
10-12-08  •  ABCnews.go.com 
Professor Cervino shows a visitor what he calls "the electric oyster reef project." He's installed a series of spiral-shaped bands of metal in the shallow water. At low tide, they jut from the water like giant strands of DNA.  Read Full Story
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Reported by:
U.S. Treasury waits in the wings to save Morgan Stanley News Link  •  Federal Reserve
 U.S. Treasury waits in the wings to save Morgan Stanley
10-12-08  •  Telegraph.co.uk/ 
On Friday, Morgan Stanley’s shares plummeted 25 per cent, taking the total drop to 60 per cent on the week, despite claims by its chief executive, John Mack, that the bank was not in trouble.  Read Full Story
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Reported by:
'Worldwide' Destruction of The Rule Planned by 5 Nato and U.S. Generals News Link  •  Philosophy: Fascism
 'Worldwide' Destruction of The Rule Planned by 5 Nato and U.S. Generals
10-12-08  •  Informationclearinghouse.info 
An ambitious strategy must include the well-integrated use of all accessible means, political, economic, military, cultural, social, moral, spiritual and psychological. »  Read Full Story
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Reported by:
Mexico: Popular Tourist Destinations Not Immune to Horrific Drug Cartel Killings News Link  •  Mexico
 Mexico: Popular Tourist Destinations Not Immune to Horrific Drug Cartel Killings
10-12-2008  •  Ginn 
Tourists beware! Mexico is suffering a spate of drug cartel related murders which are occurring at popular travel destinations.  Read Full Story
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Reported by: Randy Ricochet
Family Holds Funeral For Beloved Pet Pig Video News Link  •  Weird/Offbeat News
 Family Holds Funeral For Beloved Pet Pig Video
10-12-2008  •  Ginn 
A swell swine farewell. A family bids good-bye to their pet pig, Rachel....  Read Full Story
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Reported by: Randy Ricochet
Obama College, Medical, Birth Records: Who is Barack Obama? News Link  •  Eugenics
Obama College, Medical, Birth Records: Who is Barack Obama?
10-12-2008  •  Mondo 
Who is Barack Obama? Obama has little legislative record in the US Senate. Medical, college records at Occidental, Columbia, and Harvard, original birth records: what records there are, he’s made impossible to access. Why?  Read Full Story
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Reported by: Randy Ricochet
U.S. Declares North Korea Off Terror List News Link  •  Foreign Policy
 U.S. Declares North Korea Off Terror List
10-12-2008  •  New York Times 
WASHINGTON " The Bush administration announced Saturday that it had removed North Korea from a list of state sponsors of terrorism in a bid to salvage a fragile nuclear deal that seemed on the verge of collapse.  Read Full Story
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Reported by: Ernest Hancock
RON PAUL 4409 -- PHOTO RADAR FRAUD ROAD TRIP! Feature Article  •  Revolutions, Rebellions & Uprisings
 RON PAUL 4409 -- PHOTO RADAR FRAUD ROAD TRIP!
Forty Four O Nine
   I'm not saying who...but someone took a road trip to see in person the new scam in the little old town of Prescott, Arizona. I'm sure you don't need that money and CEO Karen Finley at Redflex/ATS has to make a payment on her ne
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Fannie, Freddie Commit to Waste $40 Billion a Month Taxpayer Money News Link  •  Federal Reserve
 Fannie, Freddie Commit to Waste $40 Billion a Month Taxpayer Money
10-11-08  •  Michael Shedlock / Mish 
Federal regulators directed Fannie Mae and Freddie Mac to start purchasing $40 billion a month of underperforming mortgage bonds as the Bush administration expands its options to buy troubled financial assets and resuscitate the U.S. economy  Read Full Story
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Reported by:
Give Them An Inch and They'll Take A Mile Feature Article  •  Police State
 Give Them An Inch and They'll Take A Mile
Terry Bressi
   The Supreme Court gave the Border Patrol an inch in Martinez-Fuerte after ruling against them on three separate occasions in the 1970's. Not to be deterred however, 32 years later the Border Patrol has taken that inch and stretched it well over a
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U.K.: Prime Minister Proposes $500 Billion European Bank Bailout News Link  •  Economy - International
 U.K.: Prime Minister Proposes $500 Billion European Bank Bailout
10-11-08  •  Guardian.co.uk 
Gordon Brown will try to broker a Europe-wide bail-out of banks today modelled on Britain's £500bn intervention, warning that the 'stakes could not be higher' for jobs, mortgages and the future of the economy.  Read Full Story
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Reported by:
German Bank Bailout to Be Over $400 Billion News Link  •  Economy - International
 German Bank Bailout to Be Over $400 Billion
10-11-08  •  WSJ.com 
German Chancellor Angela Merkel heads to Paris to present Sunday to her colleagues from the euro zone a financial sector bailout plan for Germany that's expected to be more than half the size of what has been enacted in the U.S.  Read Full Story
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Reported by:
Tape Blows Cover On True Treasury Intentions News Link  •  Economy - Economics USA
 Tape Blows Cover On True Treasury Intentions
10-11-2008  •  Economic Policy Journal 
The new kid at the Treasury hasn't quite learned you really can't talk in public about what you are really up to. New Interim Assistant Secretary of the Office of Stability has been caught on tape providing the true details of what Treasury i  Read Full Story
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Reported by: Powell Gammill
Banksky hits New York News Link  •  Art
 Banksky hits New York
10-11-2008  •  NY Times 
The rumors are true: Banksy is, or was, or has been in town, and he’s doing more than just painting, or hiding. For the last few weeks aficionados of street art have been atwitter with sightings of work by this pseudonymous, secretive British artist.  Read Full Story
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Reported by: Powell Gammill
CDS Market Is a $50 Trillion Blind Date from Hell News Link  •  Economy - Economics USA
 CDS Market Is a $50 Trillion Blind Date from Hell
10-11-2008  •  Contrarian Profits 
The market for credit default swaps is unregulated, untransparent, and highly dangerous. And its estimated worth is over 3 times the total value of US equities. "A CDS is a bit like a blind date. At first, they sound like a fantastic idea. But w  Read Full Story
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Reported by: Powell Gammill
Bush continues to make Middle East safe for some Moslems News Link  •  WAR: About that War
Bush continues to make Middle East safe for some Moslems
10-11-2008  •  AP 
Hundreds of terrified Christian families have fled Mosul to escape extremist attacks that have increased despite months of US and Iraqi military operations to secure the northern Iraqi city. Some 3,000 Christians have fled the city over  Read Full Story
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Reported by: Powell Gammill
General Motors and Chrysler have held merger talks News Link  •  Economy - Economics USA
 General Motors and Chrysler have held merger talks
10-11-2008  •  CBC News 
General Motors Corp. and Chrysler LLC have held preliminary talks about a merger or an acquisition of Chrysler by GM, according to published reports Saturday. The Wall Street Journal, citing people it described as familiar with the discussions, said  Read Full Story
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Reported by: Powell Gammill
AIG, Castigated for Resort Event, Plans Another One News Link  •  Economy - Economics USA
 AIG, Castigated for Resort Event, Plans Another One
10-11-2008  •  Bloomberg 
American International Group Inc., castigated by the White House, Congress and Barack Obama for hosting a $440,000 conference days after an $85 billion federal bailout, plans to hold another gathering for brokers next week.  Read Full Story
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Reported by: Powell Gammill
The Historical Journey of Coffee News Link  •  Food
 The Historical Journey of Coffee
10-11-2008  •  Associated Content 
No one really knows who actually dropped the green beans into the fire and witnessed their alchemical change into aromatic roasted beans. What we do know is that it's the perfect result of exquisitely roasted seeds from berries that can be blacke  Read Full Story
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Reported by: Powell Gammill
News Link  •  Food
 Credit crisis could lead to food crisis
10/11/2008  •  Daily Newscaster 
The next phase in this controlled disintegration will be distribution bottlenecks in supplies of real commodities. Food being the most important.  Read Full Story
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Reported by: D. H. Williams
Pawnshop business heats up as economy freezes News Link  •  Economy - Economics USA
 Pawnshop business heats up as economy freezes
10-11-08  •  EastValleyTribune.com 
She said more women are coming in with family heirlooms " like rings and earrings " and more men are willing to part with their guns and power tools for a few weeks, looking for a quick financial fix to fill up their gas tanks or pay off bills  Read Full Story
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Reported by:
News Link  •  Torture
 Army Orders Pain Ray Trucks; New Report Shows 'Potential for Death'
10-10-2008  •  Bolg.Wired.com via Rense.com 
"As a consequence, the ADS provides the technical possibility to produce burns of second and third degree. Because the beam of diameter 2 m and above is wider than human size, such burns would occur over considerable parts of the body, up to 50%  Read Full Story
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Reported by: Ed Vallejo
Why European Banks Look Precarious News Link  •  Economy - International
 Why European Banks Look Precarious
10-11-08  •  NakedCapitalism.com 
Europeans borrowed vast sums in dollars in the offshore money markets when dollar credit was cheap. This was leveraged by multiples of 50 or 60 to fund whatever craze was in fashion " Russia, Brazil, infrastructure.  Read Full Story
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Reported by:
Flexible 'Organic Light Emitting Diodes' could be part of lightings future News Link  •  Energy
 Flexible 'Organic Light Emitting Diodes' could be part of lightings future
10-11-08  •  tech.yahoo.com 
You could tack that sheet to a wall, wrap it around a pillar or even take a translucent version and tape it to your windows.  Read Full Story
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Az Dems see Red as Republicans Run as Greens News Link  •  Arizona's Top News
 Az Dems see Red as Republicans Run as Greens
10-11-2008  •  AZ Central 
Democrats smell a rat. They say the Greens, newly empowered as a recognized party with ballot status in Arizona, are being used as a stalking horse for Republicans.  Read Full Story
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Reported by: Chip Saunders
Regulation: The Cause, Not the Cure, of the Financial Crisis News Link  •  Economy - Economics USA
 Regulation: The Cause, Not the Cure, of the Financial Crisis
10-11-2008  •  The Art of the Possible 
by Roderick T. Long. I explain how Austrian price theory applies to boom-bust cycles in general and the present financial crisis in particular, and why those who blame the crisis on the free market have things precisely backward.  Read Full Story
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Reported by: Powell Gammill
Puggy G... Ain't Got No Love 4 a k9 Killa News Link  •  Eugenics
Puggy G... Ain't Got No Love 4 a k9 Killa
10/11/2008  •  YouTube 
I am laughing but sad, this is a great video. She used the power of state to make them die. Sarah Palin is a canine killer...!!  Read Full Story
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Reported by: Mike Shipley
Without a Trace: The Smokeless Gun of Flagrant Election Fixing News Link  •  Voting: Vote Fraud
 Without a Trace: The Smokeless Gun of Flagrant Election Fixing
10-11-2008  •  Chris Floyd 
The most we can possibly do about these crimes is to conduct a non-binding "investigation"--preferably by a committee of "serious" Establishment figures--who will offer suggestions on how to avoid such situations in the future.  Read Full Story
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Reported by: Powell Gammill
Stonehenge 'was a cremation cemetery, not a healing center' News Link  •  Anthropology
 Stonehenge 'was a cremation cemetery, not a healing center'
10-11-2008  •  Daily Telegraph 
Stonehenge was used as a cremation cemetery throughout its history, according to new evidence that divides archaeologists over whether England's most famous ancient monument was about celebrating life or death.  Read Full Story
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Reported by: Powell Gammill
G7 fails to agree on bank nationalization News Link  •  Economy - International
 G7 fails to agree on bank nationalization
10-11-2008  WASHINGTON, Oct. 11 (UPI) -- The U.S. and six other nations say they have failed to agree upon a coordinated strategy of having governments partially nationalize struggling banks. (Blah Blah Blah,... you know what's coming)  Read Full Story
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Reported by: Ernest Hancock
Bush: US will work with partners on credit crisis News Link  •  Bush Administration
 Bush: US will work with partners on credit crisis
10-11-2008  •  MyWay 
WASHINGTON (AP) - President Bush emerged from a meeting with foreign financial officials on Saturday and pledged a global response to the credit crisis that will lead toward a "path of stability and long-term growth."  Read Full Story
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Reported by: Ernest Hancock
Conference in Russia about how the USA is far from a democracy Letters to the Editor   •  More about Revolutions, Rebellions & Uprisings
Conference in Russia about how the USA is far from a democracy
Written by: Jim Peterson
   Would you be interesting in speaking at a conference in Russia in January entitled "The USA as the new Soviet Union"? You would get the trip paid for and a luxury hotel in St. Petersburg. I can talk to you via Skype if you
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Russia approves loan plan to ease credit crunch News Link  •  Foreign Policy
 Russia approves loan plan to ease credit crunch
10-10-2008  •  New York Times - Intl Herald 
Under the latest plan approved by lawmakers Friday, the Central Bank will dip into the national gold and hard currency reserves for loans to private Russian banks. (Something is going on in Russia and China that will greatly impact,... everything)  Read Full Story
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Reported by: Ernest Hancock
America’s Spy Software Scandal, Courtesy of the U.S. DOJ News Link  •  Corruption
 America’s Spy Software Scandal, Courtesy of the U.S. DOJ
10-10-2008  •  By Michelle Malkin 
(You read about the International Monetary Fund being hacked and you are reminded of something a friend told you...) July 16, 2003  Read Full Story
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Reported by: Ernest Hancock
Chart of the Day News Link  •  Federal Reserve
 Chart of the Day
10-10-2008  •  Chartoftheday.com 
Where's the market headed? The answer may surprise you.  Read Full Story
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Reported by: Ernest Hancock
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