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Date Sent: 2009-02-03
Freedom's Phoenix Headline News for Tuesday, February 3, 2009 AM Edition
 
As unemployment rises, Uncle Sam has jobs -- Obama's HHS nominee sorry he failed to pay taxes

In Shift, Chinese Spend More Money Overseas -- Holder Confirmed As the First Black Attorney General -- Qaddafi, as New African Union Head, Will Seek Single State -- Treasury Department Plan: Crush Stocks to Scare the Market into Treasuries -- U.S. Property Owners Lost $3.3 Trillion in Home Value Last Year -- "Too Big to Fail:" a Bailout Hoax - by ISMAEL HOSSEIN-ZADEH -- February 2nd 178th Anniversary of “My Country, ‘Tis of Thee” - by Greg Dixon -- Facebook Plans to Make Money by Selling Your Data -- Japan’s Economy on the verge of collapse -- The Story of John Birch -- Mining Industry feeling the pinch -- Cures for Our Economic Disease - by Ron Paul -- Rahm Emanuel, if you are on No Fly List, No Gun! -- Courage in the Face of Death: The White Rose & Sophie Scholl Story - by Christine Smith -- BAILOUTS A COMPLETE FRAUD AGAINST THE AMERICAN WORKER - by Frosty Wooldridge -- India Set To Follow Cheap Car With £7 Laptop ($10!) -- Chris Hedges: It’s Not Going to Be OK -- Bailout for health care insurance -- Fed's Fisher says protectionism equals "economic death" -- Sewage yields more gold than top mines
 

Bailouts for Bunglers News Link  •  Economy - Economics USA
Bailouts for Bunglers
2-3-2009  •  NY Times 
I’m talking about the administration’s plans for a banking system rescue " plans shaping up as a classic exercise in “lemon socialism”: taxpayers bear the cost if things go wrong, but stockholders and executives get the benefits if things go right.  Read Full Story
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Reported by: Powell Gammill
China Delays Trial of Rights Activist News Link  •  China
China Delays Trial of Rights Activist
2-3-2009  •  Washington Post 
A Chinese court Monday postponed the trial of a rights activist charged with the illegal possession of state secrets after he helped parents of children killed in last year's Sichuan earthquake, his wife said.  Read Full Story
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Reported by: Powell Gammill
Herbert Hoover Lives News Link  •  Economy - Economics USA
Herbert Hoover Lives
2-3-2009  •  NY Times 
Of the 30 companies in the Dow Jones industrial index, 22 have announced job cuts since October. Unemployment is up in all 50 states, with layoffs at both high-tech companies (Microsoft) and low (Caterpillar). The December job loss in retailing is th  Read Full Story
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Reported by: Powell Gammill
Detainee-Informer Presents Quandary for Government News Link  •  Torture
Detainee-Informer Presents Quandary for Government
2-3-2009  •  Washington Post 
Despite relying on Basardah's tips, military officials have expressed reservations about the credibility of their star witness since 2004. His trustworthiness was further thrown in doubt a little more than two weeks ago when a federal judge order  Read Full Story
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Reported by: Powell Gammill
Iraqi Voters Leaning Toward a Strong Central Government News Link  •  WAR: About that War
Iraqi Voters Leaning Toward a Strong Central Government
2-3-2009  •  Washington Post 
[sure they are] Iraq appears headed toward a reapportionment of power that favors the emergence of a strong central government, with supporters of Prime Minister Nouri al-Maliki showing strong returns in Saturday's elections, according to early t  Read Full Story
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Reported by: Powell Gammill
Rights Groups: China Rights Lawyer Missing News Link  •  China
Rights Groups: China Rights Lawyer Missing
2-3-2009  •  AP 
An outspoken Chinese human rights lawyer went missing 2 weeks ago, several international rights groups said expressing fears for his safety. Gao Zhisheng, who has been tortured in the past is believed detained by security officials at an unknown loca  Read Full Story
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Reported by: Powell Gammill
Michael Hudson: Obama's New Bank Giveaway May Make the Crisis Worse News Link  •  Obama Administration
Michael Hudson: Obama's New Bank Giveaway May Make the Crisis Worse
2-3-09  •  CounterPunch.com 
If today’s looming economic depression is a manmade (that is, lobbyist-financed) phenomenon, then what policy is needed as a remedy?  Read Full Story
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Reported by: Jack Gregson
In Shift, Chinese Spend More Money Overseas News Link  •  Economy - International
In Shift, Chinese Spend More Money Overseas
2-3-2009  •  NY Times 
Some Chinese are so eager to turn their yuan into other assets that when an online real estate brokerage organized a tour of foreclosure auctions in the United States, it received so many applications that it had to turn away nearly 400 people.  Read Full Story
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Reported by: Powell Gammill
Holder Confirmed As the First Black Attorney General News Link  •  Obama Administration
Holder Confirmed As the First Black Attorney General
2-3-2009  •  Washington Post 
[change] Holder's support from a broad base including onetime deputy attorney general James B. Comey, former FBI director Louis J. Freeh and President George W. Bush's terrorism and homeland security adviser Frances Fragos Townsend.  Read Full Story
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Reported by: Powell Gammill
Qaddafi, as New African Union Head, Will Seek Single State News Link  •  World News
Qaddafi, as New African Union Head, Will Seek Single State
2-3-2009  •  NY Times 
President Muammar el-Qaddafi of Libya was named chairman of the African Union on Monday, wresting control of a body he helped found and has long wanted to remake in his pan-African image.  Read Full Story
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Reported by: Powell Gammill
Treasury Department Plan: Crush Stocks to Scare the Market into Treasuries News Link  •  Obama Administration
Treasury Department Plan: Crush Stocks to Scare the Market into Treasuries
2-3-09  •  Market-Ticker.denninger.net 
Literally scare money into Treasuries despite gargantuan supply, exploiting the view of "safety" that people have in Treasury debt. This in turn requires intentionally fomenting a stock market crash.  Read Full Story
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Reported by: Jack Gregson
U.S. Property Owners Lost $3.3 Trillion in Home Value Last Year News Link  •  Economy - Economics USA
U.S. Property Owners Lost $3.3 Trillion in Home Value Last Year
2-3-09  •  Bloomberg.com 
About $6.1 trillion of value has been lost since the housing market peaked in the second quarter of 2006 and last year’s decline was almost triple the $1.3 trillion lost in 2007, Zillow said.  Read Full Story
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Reported by: Jack Gregson
by ISMAEL HOSSEIN-ZADEH" border="0" src="https://www.freedomsphoenix.com/Uploads/Pix/004/02/004-0202224243.jpg" hspace="10" width="79" height="100" align="left"> News Link  •  Economy - Economics USA
"Too Big to Fail:" a Bailout Hoax
by ISMAEL HOSSEIN-ZADEH

2-2-2009  •  Counterpunch 
Using the “too big to fail” scare tactic, the government has kept a number of terminally ill Wall Street gamblers on an expensive life-support system that is estimated to cost taxpayers $8.5 trillion, or a burden of $61,600 per tax payer.  Read Full Story
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Reported by: Powell Gammill
Facebook Plans to Make Money by Selling Your Data News Link  •  Internet
Facebook Plans to Make Money by Selling Your Data
2-2-2009  •  ReadWriteWeb 
Social networking giant Facebook has new plans for generating revenue; offering its 150 million user database as a market research tool to corporations. Starting this spring, companies will be able to selectively target Facebook's members in orde  Read Full Story
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Reported by: Powell Gammill
February 2nd 178th Anniversary of “My Country, ‘Tis of Thee” Opinion  •  Constitution
Words Eye View
February 2nd 178th Anniversary of “My Country, ‘Tis of Thee”
02-02-2009
Greg J. Dixon
   Few people are aware that the Religious Liberty clauses of the First Amendment to the U.S. Constitution are a tribute to that peculiar Baptist doctrine of “Soul Liberty” which has left a trail of martyr’s blood down through the centuries.
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Cures for Our Economic Disease<br>by Ron Paul Feature Article  •  Economy - Economics USA
Cures for Our Economic Disease
by Ron Paul

Powell Gammill
   Through Fannie Mae, Freddie Mac and the secondary mortgage market the government incentivized creative, low down-payment, more widely available mortgage products, and discouraged the market-proven lending standards of the past. The Federal Reserve ke
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Playing for change - around the world News Link  •  Entertainment: Music
Playing for change - around the world
02-02-2009  •  Playing for change 
What do you get when you mix a good old R&B standard with some new-fangled recording technology? Well, you get an interesting and delightfully entertaining dose of music that'll do your heart good. Enjoy!  Read Full Story
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Reported by: Mike Dugger
Rahm Emanuel, if you are on No Fly List, No Gun! News Link  •  Gun Rights
Rahm Emanuel, if you are on No Fly List, No Gun!
02-02-2009  •  http://blacklistednews.com 
Congressman Rahm Emanuel (D-IL) speaking at DC’s annual Stand Up For a Safe America event sponsored by the Brady Center says if your name is on the terrorist no fly list you should not be allowed to own a gun. Why are there so many names on the U.  Read Full Story
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Reported by: Jim Stachowiak
Reader Suggestion (change 'Editorial' to 'Opinion' to avoid confussion) News Link  •  Politics: General Activism
Reader Suggestion (change 'Editorial' to 'Opinion' to avoid confussion)
02-02-2009  •  FreedomsPhoenix Discussion Thread 
Done! - (Contributors are not "endorsed",... just often tolerated. It's a Freedom thing :)  Read Full Story
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Reported by: Ernest Hancock
Courage in the Face of Death: The White Rose & Sophie Scholl Story
News Link  •  History
Courage in the Face of Death: The White Rose & Sophie Scholl Story
02-02-2009  •  Christine Smith Blog 
“…The imperialist ideology of force, from whatever side it comes, must be shattered for all time….”-from “Leaflet of Resistance” from The White Rose   Read Full Story
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Reported by: Christine Smith
News Link  •  Drug War
The Picture The Lamestream Media Won't Show You
2-1-2009  •  newsoftheworld.co.uk via Rense.com 
Once again the question surfaces: "Who owns you?" But that never enters the discussion...  Read Full Story
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Reported by: Ed Vallejo
BAILOUTS A COMPLETE FRAUD AGAINST THE AMERICAN WORKER Opinion  •  Politics: General Activism
CONNECTING THE DOTS
BAILOUTS A COMPLETE FRAUD AGAINST THE AMERICAN WORKER
2-2-2009
Frosty Wooldridge
   If you knew who benefits from taxpayer bailouts and found out how those folks lied and cheated you and fellow American workers--you'd come up spittin' nails at the government!
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Lou Dobbs CNN: Obama 2nd Amendment Gun Restrictions & Ammo Taxes News Link  •  Gun Rights
Lou Dobbs CNN: Obama 2nd Amendment Gun Restrictions & Ammo Taxes
2-2-09  •  YouTube.com 
Ask yourself what restrictions will be placed on guns and ammo as we enter a period of economic uncertainty in the months ahead.  Read Full Story
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Reported by: Jack Gregson
News Link  •  Inventions
India Set To Follow Cheap Car With £7 Laptop ($10!)
2-1-2009  •  TimesOnline.co.uk via DrudgeReport.com 
India is poised to unveil the ultimate in credit-crunch computing: a 500 rupee (£7) laptop.  Read Full Story
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Reported by: Ed Vallejo
As unemployment rises, Uncle Sam has jobs News Link  •  Employee and Employer Relations
As unemployment rises, Uncle Sam has jobs
2-2-2009  •  AP 
The economic downturn has forced private industry and state and local government to shed jobs, but one major employer in the country is hiring: The federal government. [Business as usual.]  Read Full Story
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Reported by: Powell Gammill
Chris Hedges: It’s Not Going to Be OK News Link  •  Economy - Economics USA
Chris Hedges: It’s Not Going to Be OK
2-2-09  •  TruthDig.com 
It is only a matter of time. And not much time. When things start to go sour, when Barack Obama is exposed as a mortal waving a sword at a tidal wave, the United States could plunge into a long period of precarious social instability.  Read Full Story
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Reported by: Jack Gregson
Bailout for health care insurance News Link  •  Healthcare Industry
Bailout for health care insurance
2-2-2009  •  AP 
It will get vastly cheaper for most people to keep health insurance after losing a job if the government's stimulus plan becomes law. Some nickel and dime cuts in health coverage for the poor will be reversed, too. [This is considered a news repo  Read Full Story
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Reported by: Powell Gammill
Obama's HHS nominee apologizes for failing to pay taxes News Link  •  Obama Administration
Obama's HHS nominee apologizes for failing to pay taxes
2-2-2009  •  AP 
Trying to salvage his nomination, Tom Daschle apologized Monday for delinquent tax payments as President Barack Obama and a top Senate chairman stood by him as the choice to lead the Health and Human Services Department.  Read Full Story
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Reported by: Powell Gammill
Fed's Fisher says protectionism equals News Link  •  Economy - Economics USA
Fed's Fisher says protectionism equals "economic death"
2-2-2009  •  Reuters 
Dallas Federal Reserve President warned against "Buy America" provisions in a proposed fiscal stimulus law and said it could lead to devastating trade protectionism. "Let me just be blunt. Protectionism is the crack cocaine of economic  Read Full Story
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Reported by: Powell Gammill
Sewage yields more gold than top mines News Link  •  Precious Metals
Sewage yields more gold than top mines
2-2-2009  •  Reuters 
Resource-poor Japan just discovered a new source of mineral wealth -- sewage. A sewage treatment facility in central Japan has recorded a higher gold yield from sludge than can be found at some of the world's best mines.  Read Full Story
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Reported by: Powell Gammill
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