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Date Sent: 2008-10-22
Freedom's Phoenix Headline News for Wednesday, October 22, 2008
 
Banks Buying Companies With Bailout Money -- Fed Sets Up New Program to Buy Money-Fund Assets

Bush: Just because we're broke doesn't mean we can't bribe dictators -- Some Cut Back on Prescription Drugs in Sour Economy -- Homeless numbers 'alarming' -- Ex-Chicago cop charged with lying about torture -- ACLU demands info on domestic military deployments -- Drive Through Voting -- Biofuel makers lobby for more ethanol in gasoline -- Shrimp Farm Turns to Biofuel Producer -- American 'way of war' has replaced American way of life -- Australian PM: "Nuke strike would make 9/11 insignificant" -- San Francisco weighs decriminalizing prostitution -- CNN reporter waits 3 hours on voting line in Florida -- Global recession possible: Manpower CEO -- Ariz. Dems say GOP's Shadegg credit card found in office -- NASDAQ breaks own rule to keep companies in NASDAQ -- US drops charges against 5 Guantanamo prisoners -- Our Standing Army Won't Be Used On U.S. Streets -- US/IRAQ: "We Have to Share This Pain" -- Ron Paul & Chuck Baldwin at JBS' 50th -- Las Vegas Casinos: Major players feel squeeze as revenue drops, debts rise -- Kerkorian Sells Part of His Stake in Ford -- Colin Powell Warns Of Coming Crisis "We Don't Even Know About Right Now" -- WeAreChange Confronts CNN’s Wolf Blitzer -- India heads for moon -- MISH: Circuit City Works to Avoid Bankruptcy Till After Christmas -- Mass Production of Plastic Solar Cells -- 20/20's John Stossel - Politically Incorrect Guide To Politics -- Help America Vote Act: Vote Flipping and Frustration in Tennessee -- Treasury Blacks Out Key Parts of Private Bailout Contracts
 
Banks Weighing Other Uses for Bailout Money News Link  •  Economy - Economics USA
 Banks Weighing Other Uses for Bailout Money
10-22-2008  •  Washington Post 
Several major US banks are leaning toward spending a portion of their federal rescue money on acquiring other financial firms rather than for issuing new loans, the primary purpose of the government's $250 billion initiative to invest in banks.  Read Full Story
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Reported by: Powell Gammill
Bush: Just because we're broke doesn't mean we can't bribe dictators News Link  •  TAXES: Federal
 Bush: Just because we're broke doesn't mean we can't bribe dictators
10-22-2008  •  Washington Post 
President Bush, who has made international aid a cornerstone of his foreign policy, warned against cutting U.S. assistance to impoverished nations in the midst of the financial turmoil arguing that doing so would undermine America's economy, nati  Read Full Story
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Reported by: Powell Gammill
Some Cut Back on Prescription Drugs in Sour Economy News Link  •  Economy - Economics USA
 Some Cut Back on Prescription Drugs in Sour Economy
10-22-2008  •  NY Times 
As people around the country respond to financial and economic hard times by juggling the cost of necessities like groceries and housing, drugs are sometimes having to wait. "People are having to choose between gas, meals and medication,"  Read Full Story
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Reported by: Powell Gammill
Homeless numbers 'alarming' News Link  •  Economy - Economics USA
 Homeless numbers 'alarming'
10-21-2008  •  USA Today 
Many mayors have 10-year plans to end homelessness and had reported progress until this year. The most recent official count, in January 2007, found 671,888 people living on U.S. streets or in shelters, down 12% from January 2005.  Read Full Story
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Reported by: Powell Gammill
Ex-Chicago cop charged with lying about torture News Link  •  Law Enforcers or Peace Officers
 Ex-Chicago cop charged with lying about torture
10-21-2008  •  570AM KLIF 
A former high-ranking police official was arrested for lying when he denied that he and detectives under his command tortured murder suspects decades ago, allegations that led Chicago to pay former inmates millions and helped spark Illinois' deat  Read Full Story
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Reported by: Powell Gammill
ACLU demands info on domestic military deployments News Link  •  Police State
 ACLU demands info on domestic military deployments
10-21-2008  •  Raw Story 
The American Civil Liberties Union is demanding more details on the domestic deployments, which appear to violate the Posse Comitatus Act, which prohibits use of the military to direct internal affairs of the US. The ACLU warns  Read Full Story
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Reported by: Powell Gammill
Drive Through Voting News Link  •  Voting and Elections
 Drive Through Voting
10-21-2008  •  AFP 
A cheeseburger and democracy to go? Not quite, but politically active Californians have been able to cast election ballots from the comfort of their cars at a one-off drive-thru voting booth. The innovative drive-thru voting system was opened  Read Full Story
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Reported by: Powell Gammill
Biofuel makers lobby for more ethanol in gasoline News Link  •  Energy
 Biofuel makers lobby for more ethanol in gasoline
10-21-2008  •  AP 
At the moment, regular automotive fuel can contain no more than 10% ethanol, according to federal law. Ethanol producers are making a strong push to consider letting Americans fill their cars with fuel that contains up to 20% ethanol.  Read Full Story
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Reported by: Powell Gammill
Shrimp Farm Turns to Biofuel Producer News Link  •  Biofuel
 Shrimp Farm Turns to Biofuel Producer
10-21-2008  •  Ecolocalizer.com 
An Arizona shrimp farmer has emptied the crustaceans from some of his ponds and filled them instead with algae to turn to biofuel.  Read Full Story
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Reported by: Donna Hancock
Author: American 'way of war' has replaced American way of life News Link  •  Philosophy: Fascism
 Author: American 'way of war' has replaced American way of life
10-21-08  •  Rawstory.com 
"And what you can do by trying to pursue perfect security," Jarecki continued passionately, "is you can literally bankrupt yourself as a nation -- on every level. Spiritually, economically -- we're seeing so many levels on which we  Read Full Story
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Reported by:
THE OPEN BORDERS NETWORK: ILLEGAL ACCESS TO AMERICA Opinion  •  Immigration
 CONNECTING THE DOTS
THE OPEN BORDERS NETWORK: ILLEGAL ACCESS TO AMERICA
10-21-2008
Frosty Wooldridge
   How do you think illegal aliens gain easy access to America? A quick look shows many of America's best known organizations and companies openly aiding, abetting and assisting illegal aliens to remain within the USA.
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News Link  •  TERRORISM
 Australian PM Kevin Rudd - “Nuke strike would make 9/11 insignificant” and other weird warnings
10/21/2008  •  Daily Newscaster 
Over the last 72 hours there has been a strange melange of cryptic messages leaked from world political leaders about what could be in store for America over the next few months predicting huge and building threats emerging from faceless enemies in s  Read Full Story
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Reported by: D. H. Williams
How I Am Voting - Colorado's Amendments & Referendums News Link  •  Voting and Elections
 How I Am Voting - Colorado's Amendments & Referendums
10-21-2008  •  Christine Smith Website 
Colorado has the longest ballot ever in 96 years, and I've read it may be the longest ballot in the country. With numerous amendments and a few referendums, almost all center on whether you want to give government greater power or not.   Read Full Story
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Reported by: Christine -
Official's Portraits Cost to Taxpayers Can Reach $50,000 News Link  •  TAXES: Federal
 Official's Portraits Cost to Taxpayers Can Reach $50,000
10-21-2008  •  Washington Post 
The Commerce Department, for instance, recently requested artists' bids to paint a likeness of Secretary Carlos Gutierrez, who has served since 2005. The contract pays up to $35,000, and Gutierrez gets to select the winning painter  Read Full Story
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Reported by: Powell Gammill
Fed to Lend Up to $540B to Help Money Market Mutual Funds News Link  •  Economy - Economics USA
 Fed to Lend Up to $540B to Help Money Market Mutual Funds
10-21-2008  •  Washington Post 
The Fed said it will lend up to $540 billion to new special entities that will stand ready to buy up that short-term debt from money market mutual funds. The central bank is relying, as it has repeatedly this year, on a Depression-era authority that  Read Full Story
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Reported by: Powell Gammill
San Francisco weighs decriminalizing prostitution News Link  •  Sexuality: Sex and the Law
 San Francisco weighs decriminalizing prostitution
10-21-2008  •  breitbart.com 
SAN FRANCISCO (AP) - In this live-and-let-live town, where medical marijuana clubs do business next to grocery stores and an annual fair celebrates sadomasochism, prostitutes could soon walk the streets without fear of arrest.  Read Full Story
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Reported by: Ernest Hancock
CNN reporter waits 3 hours on voting line in Florida News Link  •  Voting and Elections
 CNN reporter waits 3 hours on voting line in Florida
10-21-08  •  Rawstory.com (VIDEO) 
It ultimately took Zarrella 3 hours and 15 minutes to get to the head of the line. "There are two machines that actually print out the ballots," Zarrella explained, "and both of the machines went down for a period of about 45 minutes.*  Read Full Story
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Reported by:
Global recession possible: Manpower CEO News Link  •  Economy - Economics USA
 Global recession possible: Manpower CEO
10-21-2008  •  Reuters 
A global recession may be around the corner and world labor markets have yet to feel the full impact of the credit crisis, the chief executive of global employment services company Manpower Inc. said. "The globe is finding its way into a recessi  Read Full Story
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Reported by: Powell Gammill
Ariz. Dems say Shadegg credit card found in office News Link  •  Arizona's Top News
 Ariz. Dems say Shadegg credit card found in office
10-21-2008  •  Fox 10TV 
A credit card for a top Shadegg volunteer ended up inside a Democratic campaign office and that has a lot of people asking questions. FOX 10's Andrew Hasbun tries to sort things out.  Read Full Story
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Reported by: Ernest Hancock
NASDAQ breaks own rule to keep companies in NASDAQ News Link  •  Economy - Economics USA
 NASDAQ breaks own rule to keep companies in NASDAQ
10-21-2008  •  Reuters 
The Nasdaq Stock Market's decision to suspend one of its own listing rules comes as an avalanche of company's shares tumble below the $1 threshold, and is intended to avoid the mass delistings that followed the burst of the dot-com bubble.  Read Full Story
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Reported by: Powell Gammill
US drops charges against 5 Guantanamo prisoners News Link  •  Torture
 US drops charges against 5 Guantanamo prisoners
10-21-2008  •  AP 
The Pentagon said it dropped war-crimes charges against 5 Guantanamo detainees after the former prosecutor in their cases complained the military was withholding evidence helpful to the defense. There are no plans to free any of the men, and charges  Read Full Story
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Reported by: Powell Gammill
Our Standing Army Won't Be Used On U.S. Streets...We Promise News Link  •  Police State
 Our Standing Army Won't Be Used On U.S. Streets...We Promise
10-21-2008  •  DemocracyNOW! (audio & transcript) 
[Go back to sleep.] The Army Times noted the force "may be called upon to help with civil unrest and crowd control." The military has since said they will not be used for civil unrest. We speak to future USNORTHCOM operations division chief  Read Full Story
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Reported by: Powell Gammill
US/IRAQ: News Link  •  Military
 US/IRAQ: "We Have to Share This Pain"
10-21-2008  •  IPS News 
PORTLAND, Oregon, Oct 20 (IPS) - Veterans from the U.S. occupation of Iraq and Afghanistan, along with Iraqis, Afghanis,... converged in this west coast city over the weekend to share stories of atrocities being committed daily in Iraq  Read Full Story
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Reported by: Ernest Hancock
Ron Paul & Chuck Baldwin at JBS' 50th News Link  •  Eugenics
Ron Paul & Chuck Baldwin at JBS' 50th
10-21-2008  •  JBS.org 
Chuck Baldwin Speech at JBS 50th Anniversary - Ron Paul Keynote Address at JBS 50th Anniversary  Read Full Story
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Reported by: Ernest Hancock
Las Vegas Casinos: Major players feel squeeze as revenue drops, debts rise News Link  •  Economy - Economics USA
 Las Vegas Casinos: Major players feel squeeze as revenue drops, debts rise
10-21-08  •  LasVegasSun.com/news 
Casino companies’ earnings are plummeting by double digits. Debt costs are rising for many companies. And their customers are spending less. In the financial world, in this economy, those are the trend lines of doom.   Read Full Story
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Reported by:
Madonna Plays Victim in Divorce Battle News Link  •  Marriage
 Madonna Plays Victim in Divorce Battle
10/20/08  •  www.glennsacks.com 
It doesn't matter how wealthy, powerful and privileged a woman is, in divorce some women still love to play the victim. Latest case in point--Madonna.   Read Full Story
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Reported by: Glenn Sacks
Kerkorian Sells Part of His Stake in Ford News Link  •  Economy - Economics USA
 Kerkorian Sells Part of His Stake in Ford
10-21-2008  •  New York Times 
The Tracinda Corporation, Mr. Kerkorian’s investment company, said Tuesday that it sold 7.3 million shares of Ford on Monday at a huge loss and intended to further reduce its remaining 6.09 percent stake.  Read Full Story
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Reported by: Ernest Hancock
Jon Stewart: How to tell if you're a 'real American' News Link  •  Eugenics
Jon Stewart: How to tell if you're a 'real American'
10-21-2008  •  Daily Show - Full Show 10-20-2008 
Jon Stewart offered some clues on Monday's Daily Show for how to tell whether you belong to the "real America" where McCain supporters are in the majority and the fake America that lies everywhere else.  Read Full Story
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Reported by: Ernest Hancock
The 'NewSpace' Race News Link  •  Space Travel and Exploration
 The 'NewSpace' Race
10-21-2008  •  Space.com 
Update  Read Full Story
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Reported by: Ernest Hancock
WeAreChange Confronts CNN’s Wolf Blitzer News Link  •  MEDIA (MainStreamMedia - aka MSM)
 WeAreChange Confronts CNN’s Wolf Blitzer
10-21-2008  •  Prison Planet 
Brian Kenny and Matt Lepacek confront CNN’s Wolf Blitzer about 9/11 and why he refuses to cover the victim’s search for justice. Blitzer refuses to talk and is quickly hushed away.  Read Full Story
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Reported by: Ernest Hancock
Colin Powell Warns Of Coming Crisis “We Don’t Even Know About Right Now” News Link  •  TERRORISM
 Colin Powell Warns Of Coming Crisis “We Don’t Even Know About Right Now”
10-21-2008  •  Prison Planet 
Echoes Biden comments that Obama will be tested in early days of his term  Read Full Story
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Reported by: Ernest Hancock
Circuit City Works to Avoid Bankruptcy Till After Christmas News Link  •  Economy - Economics USA
 Circuit City Works to Avoid Bankruptcy Till After Christmas
10-21-08  •  Michael Shedlock / Mish 
If you are thinking about buying someone a Circuit City gift card, think again about what you are doing. There is no reason to expect Circuit City to survive. Its stock is trading at $0.35.  Read Full Story
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Reported by:
The moon makes space for India News Link  •  Space Travel and Exploration
 The moon makes space for India
10-21-2008  •  Sydney Morning Herald 
India is poised to become the world's sixth space power, and Asia's third, to send a probe to the moon. If all goes well, Chandrayaan-1 - "moon vehicle" in Sanskrit and Hindi - will survey the moon's minerals, search for water a  Read Full Story
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Reported by: Ernest Hancock
Google's open-source Android now actually open News Link  •  Technology: Software
 Google's open-source Android now actually open
10-21-2008  •  Cnet 
Less than a year after announcing Android, the open-source phone operating system intended to jump-start the mobile Internet, Google began sharing the project's underlying source code.  Read Full Story
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Reported by: Ernest Hancock
S&P 500 INDEX News Link  •  Economy - Economics USA
 S&P 500 INDEX
10-22-2008  •  Google Finance 
Live S&P Chart  Read Full Story
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Reported by: Ernest Hancock
DOW JONES INDUSTRIAL AVERAGE INDEX News Link  •  Economy - Economics USA
 DOW JONES INDUSTRIAL AVERAGE INDEX
10-22-2008  •  Google Finance 
Dow Jones Real Time Chart  Read Full Story
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Reported by: Ernest Hancock
Fed Sets Up New Program to Buy Money-Fund Assets (Update2) News Link  •  Economy - Economics USA
 Fed Sets Up New Program to Buy Money-Fund Assets (Update2)
10-21-2008  •  Bloomberg.com 
The Federal Reserve will help finance purchases of up to $600 billion in assets from money- market mutual funds roiled by redemptions from investors  Read Full Story
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Reported by: Ernest Hancock
20/20 - Politically Incorrect Guide To Politics - Pt. 1 of 6 News Link  •  Eugenics
20/20 - Politically Incorrect Guide To Politics - Pt. 1 of 6
10-21-2008  •  ABC 20/20 - John Stossel 
Originally aired on Friday, October 17, 2008 @ 9pm CST.  Read Full Story
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Reported by: Ernest Hancock
Mass Production of Plastic Solar Cells News Link  •  Energy
 Mass Production of Plastic Solar Cells
10-21-2008  •  Technology Review 
Konarka, a solar-cell startup based in Lowell, MA, has opened a commercial-scale factory, with the capacity to produce enough organic solar cells every year to generate one gigawatt of electricity, the equivalent of a large nuclear reactor.  Read Full Story
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Reported by: Ernest Hancock
Help America Vote Act: Vote Flipping and Frustration in Tennessee News Link  •  Voting - Election Integrity
 Help America Vote Act: Vote Flipping and Frustration in Tennessee
10-21-08  •  AfterDowningStreet.org 
It was strange and very frustrating. When I finally got through my slate of candidate choices, I could not get the VOTE button to light up when I touched it. I finally called over a poll worker and he told me that I needed to touch lightly.  Read Full Story
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Reported by:
Carbon Nanotubes News Link  •  Science, Medicine and Technology
 Carbon Nanotubes
10-21-2008  •  www.pa.msu.edu 
Understanding the basics of this subject will help you understand just how much your world is about to change   Read Full Story
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Reported by: Ernest Hancock
Sun + Water = Fuel News Link  •  Energy
 Sun + Water = Fuel
10-21-2008  •  Technology Review 
With catalysts created by an MIT chemist, sunlight can turn water into hydrogen. If the process can scale up, it could make solar power a dominant source of energy.  Read Full Story
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Reported by: Ernest Hancock
Federal Reserve to buy commercial paper from mutual funds News Link  •  Federal Reserve
 Federal Reserve to buy commercial paper from mutual funds
10-21-08  •  news.yahoo.com/s/ap 
The Fed is tapping its Depression-era emergency powers and creating a new facility to buy a vast array of commercial paper from the funds. Money market mutual funds have been under pressure as skittish investors demand withdrawals.  Read Full Story
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Reported by:
So. Cal. Home Prices Fell 7.6 Percent in Sept. - Foreclosures now at 50 Percent News Link  •  Economy - Economics USA
 So. Cal. Home Prices Fell 7.6 Percent in Sept. - Foreclosures now at 50 Percent
10-21-08  •  MrMortgage.ml-implode.com 
Lastly, prices fell a sharp 7.6% in a single month, which puts even more people underwater in their homes and exponentially increases the chance of loan default across all paper types.  Read Full Story
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Reported by:
Treasury Blacks Out Key Parts of Private Bailout Contracts News Link  •  Corruption
 Treasury Blacks Out Key Parts of Private Bailout Contracts
10-21-08  •  Huffingtonpost.com 
Within just a few weeks of the bailout passing, our government is blacking out the parts of public contracts that explain how much taxpayer cash private contractors are going to be paid. Perhaps this is what Paulson meant when he promised transparenc  Read Full Story
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Reported by:
Who is 'pulling the strings' behind these dueling puppets? News Link  •  Conspiracies
 Who is 'pulling the strings' behind these dueling puppets?
10-21-08  •  brasschecktv.com 
I was under the impression that Canada and Australia were sovereign countries. Note: Canada's Harper was not yet Prime Minister when he made this speech selling out his country for god knows who - but he is now.  Read Full Story
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Reported by:
Sarkozy wants top EU economy team News Link  •  Economy - International
 Sarkozy wants top EU economy team
10-21-2008  •  BBC 
"It's not possible for the eurozone to continue without clearly identified economic governance," he told the European Parliament on Tuesday. The leaders of the 15-nation eurozone should coordinate their actions with the European Central  Read Full Story
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Reported by: Ernest Hancock
US Moves Toward Stimulus as Bernanke, Bush Shift (Update1) News Link  •  Economy - Economics USA
 US Moves Toward Stimulus as Bernanke, Bush Shift (Update1)
10-21-2008  •  Bloomberg.com 
Lawmakers and officials moved toward forging a second fiscal stimulus bill after Federal Reserve Chairman Ben S. Bernanke endorsed the idea and the Bush administration dropped its opposition.  Read Full Story
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Reported by: Ernest Hancock
An Examination of Obama’s Use of Hidden Hypnosis Techniques in His Speeches News Link  •  Eugenics
An Examination of Obama’s Use of Hidden Hypnosis Techniques in His Speeches
10/20/08  •  http://www.internet-grocer.net/hypnosis.pdf 
Barack Obama’s speeches contain the hypnosis techniques of Dr. Milton Erickson, M.D. who developed a form of “conversational” hypnosis that could be hidden in seemingly normal speech and used on patients without their knowledge for therapy purposes.  Read Full Story
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Reported by: Thomas Costanzo
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