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Date Sent: 2008-12-13
Freedom's Phoenix Headline News for Saturday, December 13, 2008
 
After Senate says, "No," Bush helps car makers -- Bernard Madoff arrested alleged $50 billion frau

U.S. Helps African States Fend Off Militants -- Madoff's alleged $50 billion fraud hits other investors -- Confiscating toy guns part of US mission in Iraq -- Show Low To Track Drivers Like Cattle -- Illinois AG asks high court to declare gov. unfit -- Detroit Downpayment Deal Dissolves - by Brock Lorber -- Deflation has become inevitable -- Jim Rogers calls most big U.S. banks "bankrupt" -- After Engineered Crash, Iceland Ready to Join EU -- JPMorgan's Jamie Dimon Not Worried About A Depression -- Greek riots signal troubled future for Europe -- US wants to sign nuclear deal with UAE soon -- Ireland set to call new EU treaty poll in 2009 -- Bush Bible comment shocked evangelicals -- A symptom of the times - by Powell Gammill -- KB Toys files for bankruptcy protection -- Emergency Storage Food Among Products in Highest Demand -- Fed Refuses to Disclose Recipients of $2 Trillion in Lending -- World markets plunge as US auto bailout fails -- Excess Debt and Deflation = Depression - by Stephen Lendman AZ: Maricopa Co. Libertarian Party Convention tomorrow; Celebrate Bill of Rights Day Monday at The Wrigley Mansion!
 

Detroit Downpayment Deal Dissolves Opinion  •  Economy - Economics USA
Detroit Downpayment Deal Dissolves
12-12-2008
Brock Lorber
   In a surprise (to me) move, Senate Republicans go union-busting and hand complete control of the government to the incoming Obama administration.
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A symptom of the times Opinion  •  Revolutions, Rebellions & Uprisings
Fascist Nation
A symptom of the times
12-12-2008
Powell Gammill
   Government is about theft; plain and simple. Government exists solely to rob you of your labor at the point of a gun. Nowhere is this better illustrated of late than with photo enforcement of Arizona's roadways.
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U.S. Helps African States Fend Off Militants News Link  •  Military
U.S. Helps African States Fend Off Militants
12-13-2008  •  NY Times 
Thousands of miles from the battlefields of Iraq and Afghanistan, another side of America’s fight against terrorism is unfolding in this remote corner of West Africa. American Green Berets are training African armies to guard their borders and patrol  Read Full Story
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Reported by: Powell Gammill
Madoff's alleged $50 billion fraud hits other investors News Link  •  Corruption
Madoff's alleged $50 billion fraud hits other investors
12-12-2008  •  Reuters 
Investors scrambled to assess potential losses from an alleged $50 billion fraud by Bernard Madoff, a day after the arrest of the prominent Wall Street trader. (do you even know where your managed money is invested?)  Read Full Story
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Reported by: Ernest Hancock
Confiscating toy guns part of US mission in Iraq News Link  •  WAR: About that War
Confiscating toy guns part of US mission in Iraq
12-12-2008  •  AP 
2 boys approached a US soldier, pulled out a pistol and handed it over. They got a smile and some candy in return. The gun was plastic, and the boys were following a local Iraqi military order to surrender all toy weapons _ an effort to prevent child  Read Full Story
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Reported by: Powell Gammill
Show Low To Track Drivers Like Cattle News Link  •  Police State
Show Low To Track Drivers Like Cattle
12/12/2008  •  CameraFRAUD.com 
We told you in September about Redflex’s ambitious plans to become a quasi-government agency as they continue to publicly express interest in playing an active role in “Homeland Security.” Now, those ambitions are already seeing the light of day...  Read Full Story
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Reported by: Camera FRAUD
Illinois AG asks high court to declare gov. unfit News Link  •  Corruption
Illinois AG asks high court to declare gov. unfit
12-12-2008  •  AP 
In an unprecedented move, the Illinois attorney general asked the state's highest court Friday to strip scandal-plagued Gov. Rod Blagojevich of his powers.  Read Full Story
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Reported by: Powell Gammill
After Senate says, News Link  •  Economy - Economics USA
After Senate says, "No," Bush considers help for car makers
12-12-2008  •  AP 
A Treasury spokeswoman said, "Because Congress failed to act, we will stand ready to prevent an imminent failure until Congress reconvenes and acts to address the long-term viability of the industry." The Wall Street bailout fund was one of  Read Full Story
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Reported by: Powell Gammill
Deflation has become inevitable News Link  •  Federal Reserve
Deflation has become inevitable
12-12-08  •  LondonBanker.blogspot.com 
It is now clear to me that policy makers in the West are determined to apply every available resource to underpinning failure, misallocation and executive excess. As this discourages the honest saver from parting with cash, policy makers are ensuring  Read Full Story
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Reported by: Jack Gregson
Jim Rogers calls most big U.S. banks News Link  •  Federal Reserve
Jim Rogers calls most big U.S. banks "bankrupt"
12-12-08  •  Reuters.com/ 
Without giving specific names, most of the significant American banks, the larger banks, are bankrupt, totally bankrupt," said Rogers, who is now a private investor.  Read Full Story
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Reported by: Jack Gregson
After Engineered Crash, Iceland Ready to Join EU News Link  •  Economy - International
After Engineered Crash, Iceland Ready to Join EU
12-12-2008  •  BBC 
"The EU's door is open to any European country that respects the principles of liberty, democracy and human rights and can carry the obligations of EU membership."  Read Full Story
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Reported by: Trouser Chili
JPMorgan's Jamie Dimon Not Worried About A Depression News Link  •  MEDIA (MainStreamMedia - aka MSM)
JPMorgan's Jamie Dimon Not Worried About A Depression
12-12-2008  •  HuffingtonPost.com 
CNBC's Erin Burnett sat down for an exclusive interview with JPMorgan Chase CEO Jamie Dimon today, talking about a range of topics related to the financial crisis.  Read Full Story
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Reported by: Ernest Hancock
$750 coin dropped in Salvation Army kettle News Link  •  Philanthropy
$750 coin dropped in Salvation Army kettle
12-12-2008  •  United Press International 
Hadley said the charity plans to hold on to the coin for a little while to see if the price of gold inflates its value in the coming weeks.  Read Full Story
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Reported by: Ernest Hancock
 Tear down Australia’s Great Firewall Reef News Link  •  Internet
Tear down Australia’s Great Firewall Reef
12-12-2008  •  Spiked Online 
Kevin Rudd’s Labor government is pushing through a mandatory internet filtering system that rivals China’s severe online censorship.  Read Full Story
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Reported by: Powell Gammill
Crude oil down after bailout fails News Link  •  Energy
Crude oil down after bailout fails
12-12-2008  •  United Press International 
Crude oil prices dropped sharply Friday to $43.11 a barrel on the New York Mercantile Exchange after an automotive bailout bill failed in Washington.  Read Full Story
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Reported by: Ernest Hancock
Greek riots signal troubled future for Europe News Link  •  Revolutions, Rebellions & Uprisings
Greek riots signal troubled future for Europe
12-12-2008  •  UPI 
Greek riots are noteworthy because they are the first widespread expression of urban anger in Europe since the global financial crisis erupted out of the Wall Street financial meltdown in September.  Read Full Story
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Reported by: Ernest Hancock
US wants to sign nuclear deal with UAE soon News Link  •  Bush Administration
US wants to sign nuclear deal with UAE soon
12-12-2008  •  RawStory.com 
US President George W. Bush's administration plans to sign a nuclear cooperation deal with the United Arab Emirates, the first such agreement with a Middle East country, the Wall Street Journal reported on Friday.  Read Full Story
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Reported by: Ernest Hancock
Asian, European kids outshine US children in science, math: study News Link  •  Education: Government Schools
Asian, European kids outshine US children in science, math: study
12-12-2008  •  RawStory.com 
But fourth graders in seven Asian and European countries outperformed their American peers in math, while among eighth graders, children in five countries, all Asian, had better scores than the American kids.  Read Full Story
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Reported by: Ernest Hancock
Ireland set to call new EU treaty poll in 2009 News Link  •  European Union
Ireland set to call new EU treaty poll in 2009
12-12-2008  •  RawStory.com 
The Irish government was Thursday set to ask citizens to rethink their opposition to an EU reform treaty and vote next year in a new referendum, just six months after they rejected the text.  Read Full Story
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Reported by: Ernest Hancock
Bernard Madoff arrested over alleged $50 billion fraud News Link  •  Corruption
Bernard Madoff arrested over alleged $50 billion fraud
12-12-2008  •  Washington Post 
Bernard Madoff, a quiet force on Wall Street for decades, was arrested and charged on Thursday with allegedly running a $50 billion "Ponzi scheme" in what may rank among the biggest fraud cases ever.  Read Full Story
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Reported by: Ernest Hancock
CNN guest: Bush Bible comment shocked evangelicals News Link  •  Religion: Believers
CNN guest: Bush Bible comment shocked evangelicals
12-12-2008  •  RawStory.com 
Bush made the statement during a Monday interview on ABC's Nightline. When asked whether he thinks the Bible is literally true, he replied, "Probably not. No, I'm not a literalist, but I think you can learn a lot from it."  Read Full Story
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Reported by: Ernest Hancock
Pittsfield-based KB Toys files for bankruptcy protection News Link  •  Economy - Economics USA
Pittsfield-based KB Toys files for bankruptcy protection
12-12-2008  •  bostonherald.com 
KB Toys filed for bankruptcy protection for the second time in four years on Thursday, joining fellow retailers Linens ’n Things and Steve & Barry’s in seeking Chapter 11 protection amid the recession.  Read Full Story
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Reported by: Ernest Hancock
Emergency Storage Food Among Products in Highest Demand News Link  •  Food
Emergency Storage Food Among Products in Highest Demand
12-12-2008  •  Press Release Newswire 
At the end of 2008, there are three consumer marketplaces that are experiencing record sales volumes"firearms, precious metals, and emergency storage food.  Read Full Story
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Reported by: Ernest Hancock
Last Day to RSVP: Celebrate Bill of Rights Day at The Wrigley Mansion! Feature Article  •  Events: Arizona
Last Day to RSVP: Celebrate Bill of Rights Day at The Wrigley Mansion!
Powell Gammill
   Spend a little time Monday evening enjoying what makes America great, and celebrate your rights. Join people nationwide who will break bread with their neighbors, and as a group read the Bill of Rights, on the day it was ratified in 1791.
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Fed Refuses to Disclose Recipients of $2 Trillion in Lending News Link  •  Federal Reserve
Fed Refuses to Disclose Recipients of $2 Trillion in Lending
12-12-2008  •  Bloomberg 
Bloomberg filed suit Nov. 7 under the U.S. Freedom of Information Act requesting details about the terms of 11 Fed lending programs, most created during the deepest financial crisis since the Great Depression. The Fed responded Dec. 8, saying it’s al  Read Full Story
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Reported by: Powell Gammill
World markets plunge as US auto bailout fails News Link  •  Economy - International
World markets plunge as US auto bailout fails
12-12-2008  •  AP 
World stock markets plunged Friday as the U.S. Senate's rejection of a $14 billion deal to rescue Detroit's ailing automakers stoked concerns that the recession in the world's largest economy will be even longer and deeper than projected.  Read Full Story
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Reported by: Powell Gammill
Excess Debt and Deflation = Depression Feature Article  •  Economy - Economics USA
Excess Debt and Deflation = Depression
Stephen Lendman
   The lethal combination of excess debt and deflation.
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