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Date Sent: 2009-05-27
Freedom's Phoenix Global Edition for Wednesday, May 27, 2009 AM edition
 
US Expected to Own 70% of Restructured G.M. -- N. Korea’s Nukes: Paid For By US Government

Chrysler on Pace for Swift Finish to Restructuring -- Once Considered Unthinkable, U.S. Sales Tax Gets Fresh Look -- Shhhhhh…It’s Still a (State) Secret -- China warns Federal Reserve over 'printing money' -- Paulson Admits He Never Really Understood How Mortgage-Backed Securities Worked -- The Social Security Scam -- Feds Claim Right to Search Your Home Day or Night, without a Warrant -- Olbermann, Mancow Interview: Mancow Discusses Being Waterboarded -- Christine Smith: Is this a good time to be a libertarian? -- LEAKED DHS Document: Homeland Security Radio Network info -- Peter Schiff: Is the Financial Media Freezing Him Out? -- FDA now restricting over-the-counter sales of Celox, Quik-Clot and other hemostatic trauma agents -- Army chief says US ready to be in Iraq 10 years -- The Southern Avenger Says “Obama and Cheney Make Us Less Safe” -- Two-Thirds Off on Manhattan Office Space -- US wants to paint the world white to save energy -- Obama Administration to Implement Government Flu Shot Program? -- Case-Shiller Index: Home Prices Crash 2.2% in March -- License Plate Recognition Spreading Like Cancer -- Car Dealers Pushing National Security Checks To Purchase New Cars

Our condolences to Arizona State Treasurer Dean Martin and his family, and best hopes for his newborn son


 

U.S. Expected to Own 70% of Restructured G.M. News Link  •  Philosophy: Fascism
U.S. Expected to Own 70% of Restructured G.M.
05-26-2009  •  NY Times 
The United Automobile Workers, meanwhile, will hold up to 20 percent through its retiree health care fund, and bondholders and other parties will get the remaining share. Shareholders would be virtually wiped out. [nice guys Obama Inc.]  Read Full Story
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Reported by: Powell Gammill
North Korea’s Nukes: Paid For By The U.S. Government News Link  •  World News
North Korea’s Nukes: Paid For By The U.S. Government
05-26-2009  •  Prison Planet 
Rumsfeld was also the man who presided over a $200 million dollar contract to deliver equipment and services to build two light water reactor stations in North Korea in January 2000  Read Full Story
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Reported by: Jim Stachowiak
White House to Merge Homeland, International Security Staffs News Link  •  Homeland Security
White House to Merge Homeland, International Security Staffs
05-26-2009  •  Antiwar.com 
The president will establish a “global engagement directorate” and a “National Security staff” that will deal with all policymaking related to “international, transnational, and homeland security matters.” National Security Adviser James Jones will h  Read Full Story
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Reported by: Jack Gregson
Chrysler on Pace for Swift Finish to Restructuring News Link  •  Philosophy: Fascism
Chrysler on Pace for Swift Finish to Restructuring
05-26-2009  •  Washington Post 
[why the bum's rush?] Federal bankruptcy Judge is scheduled to consider a motion to sell most of Chrysler's assets to a new entity led by Italy's Fiat. Would set up the automaker for one of the biggest and fastest bankruptcy proceedings o  Read Full Story
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Reported by: Powell Gammill
Once Considered Unthinkable, U.S. Sales Tax Gets Fresh Look News Link  •  TAXES: Federal
Once Considered Unthinkable, U.S. Sales Tax Gets Fresh Look
05-26-2009  •  Washington Post 
With budget deficits soaring and President Obama pushing a trillion-dollar-plus expansion of health coverage, some Washington policymakers are taking a fresh look at a money-making idea: a national sales tax.  Read Full Story
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Reported by: Powell Gammill
Spy Fired Shot That Changed West Germany News Link  •  Police State
Spy Fired Shot That Changed West Germany
05-26-2009  •  NY Times 
The killing in 1967 of an unarmed demonstrator by a police officer in West Berlin set off a left-wing protest movement and put conservative West Germany on course to evolve into the progressive country it has become today. Now a discovery in the arch  Read Full Story
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Reported by: Powell Gammill
Shhhhhh…It’s Still a (State) Secret News Link  •  Obama Administration
Shhhhhh…It’s Still a (State) Secret
05-26-2009  •  The Public Record 
The same week the President was arguing for more transparency in government and railing against the idea of protecting information “merely because it reveals the violation of a law or embarrasses the government” he was invoking it again.  Read Full Story
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Reported by: Powell Gammill
Credit Crisis Cassandra News Link  •  Economy - Economics USA
Credit Crisis Cassandra
05-26-2009  •  Washington Post 
A little more than a decade ago, Born foresaw a financial cataclysm, accurately predicting that exotic investments known as over-the-counter derivatives could play a crucial role in a crisis much like the one now convulsing America.  Read Full Story
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Reported by: Powell Gammill
China warns Federal Reserve over 'printing money' News Link  •  Federal Reserve
China warns Federal Reserve over 'printing money'
05-26-2009  •  Daily Telegraph 
China has warned a top member of the US Federal Reserve that it is increasingly disturbed by the Fed's direct purchase of US Treasury bonds.  Read Full Story
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Reported by: Powell Gammill
Waterboard the Fed? News Link  •  Federal Reserve
Waterboard the Fed?
05-26-2009  •  The Guardian 
American taxpayers have the right to know where the trillions of dollars being pledged in their name are going. The Fed seems reluctant to say. What to do?  Read Full Story
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Reported by: Powell Gammill
Paulson Admits He Never Really Understood How Mortgage-Backed Securities Worked News Link  •  Economy - Economics USA
Paulson Admits He Never Really Understood How Mortgage-Backed Securities Worked
05-26-2009  •  Consumerist 
Here's more proof that the people who probably should have known how they were making all that housing bubble money never did"even those who personally made tens of millions off of it.  Read Full Story
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Reported by: Powell Gammill
700,000 overcharged in the great council tax 'cover-up' News Link  •  TAXES: Federal
700,000 overcharged in the great council tax 'cover-up'
05-26-2009  •  Daily Mail 
[UK] A million homeowners have paid the wrong council tax for years in a funding scandal ministers tried to cover up. New documents have shown that more than 700,000 households may have been overcharged to the tune of tens of millions.  Read Full Story
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Reported by: Powell Gammill
Leno's Best Bloopers Of The Past 17 Years (VIDEO) News Link  •  Entertainment: Television (TV)
Leno's Best Bloopers Of The Past 17 Years (VIDEO)
05-26-2009  •  Huffington Post 
...over the past two decades he and his team have accrued some pretty embarrassing moments. Leno's producers compiled and aired them last night as part of his last week as host of the program.  Read Full Story
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Reported by: Ernest Hancock
Farms downsize with miniature cows News Link  •  Food
Farms downsize with miniature cows
05-26-2009  •  LA Times 
[why my steaks keep shrinking] Walking through their lowing herd of several hundred cattle, Ali and Kenny Petersen were like two Gullivers on a Lilliputian roundup. The half-sized cows barely reached Kenny's waist. The ranch's border collie s  Read Full Story
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Reported by: Powell Gammill
 The Social Security Scam News Link  •  Social Security
The Social Security Scam
05-26-2009  •  Mises Institute 
The release of the 2009 Social Security Trustees Report indicates that the current economic crisis has negatively impacted the Social Security budget. It's now projected that by 2016 Social Security spending will exceed revenues.  Read Full Story
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Reported by: Powell Gammill
Feds Claim Right to Search Your Home Day or Night, without a Warrant News Link  •  Police State
Feds Claim Right to Search Your Home Day or Night, without a Warrant
05-26-2009  •  Mark Nestmann 
Your cell phone, your wireless Internet connection, and even your garage door opener all transmit signals through the air. All are fair game for warrantless inspection, the FCC says.  Read Full Story
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Reported by: Ernest Hancock
Olbermann, Mancow Interview: Mancow Discusses Being Waterboarded (VIDEO) News Link  •  Torture
Olbermann, Mancow Interview: Mancow Discusses Being Waterboarded (VIDEO)
05-26-2009  •  Huffington Post 
Mancow also revealed that his friend Sean Hannity "called me and said 'it's still not torture.'"   Read Full Story
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Reported by: Ernest Hancock
(Audio) Christine Smith discusses News Link  •  Philosophy: Libertarianism
(Audio) Christine Smith discusses "Is this a good time to be a libertarian?"
05-26-2009  •  Christine Smith's Blog 
You are invited to listen to Christine's commentary on the Freedom Works! radio show, which was broadcast on AM station WTAN, covering “more than 3,000,000 people in and around” Tampa Bay, Florida. (17 minutes in length.)  Read Full Story
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Reported by: Christine Smith
Our condolences to State Treasurer Dean Martin and his family Feature Article  •  Arizona's Top News
Our condolences to State Treasurer Dean Martin and his family
Donna Hancock
   (PHOENIX) " Due to complications from childbirth, Kerry Martin, 34, wife of State Treasurer Dean Martin, passed away late Monday night on May 25, 2009.
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LEAKED DHS Document: Homeland Security Radio Network info News Link  •  World News
LEAKED DHS Document: Homeland Security Radio Network info
05-26-2009  •  The Turner Radio Network 
The complete radio interoperability guide for the Department of Homeland Security, issued by the DHS office of emergency communications. The guide, issued just days ago, includes updates for the entire nation through March 10, 2009.  Read Full Story
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Reported by: Jim Stachowiak
FDA now restricting over-the-counter sales of Celox, Quik-Clot and other hemostatic trauma agents News Link  •  Healthcare Industry
FDA now restricting over-the-counter sales of Celox, Quik-Clot and other hemostatic trauma agents
05-26-2009  •  www.survivalblogs.com 
(FDA) began regulating these products mid-May because "they go inside the human body." I was able to order some of my other products in the "scrape and light cut" size" but none of the larger quantity hemostatics. (Black Mar  Read Full Story
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Reported by: Chip Saunders
Peter Schiff: Is the Financial Media Freezing Him Out? News Link  •  Economy - Economics USA
Peter Schiff: Is the Financial Media Freezing Him Out?
05-26-2009  •  Wall Street Journal OnLine 
The main issue with Schiff seems to be that he hasn’t changed his tune"and it isn’t a pleasant tune to listen to. He thinks the “phony economy” of the U.S. is headed for even harder times. He believes that the crisis-fighting measures coming out of W  Read Full Story
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Reported by: Jack Gregson
Army chief says US ready to be in Iraq 10 years News Link  •  Military
Army chief says US ready to be in Iraq 10 years
05-26-2009  •  RawStory.com 
The Pentagon is prepared to leave fighting forces in Iraq for as long as a decade despite an agreement between the United States and Iraq that would bring all American troops home by 2012, the top U.S. Army officer said Tuesday.  Read Full Story
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Reported by: Jack Gregson
Case Shiller Index: Phoenix Home Prices Off 4.5 Percent in March News Link  •  Housing
Case Shiller Index: Phoenix Home Prices Off 4.5 Percent in March
05-26-2009  •  StandardandPoors.com 
How can the Main Stream Media claim that that the US housing market is turning around when you have Minneapolis -6.1%, Detroit -4.9%, Phoenix -4.5%, Las Vegas -3.8%, Miami -3.5%. Chicago -3.1%, Tampa -2.7, and New York -2.5%.   Read Full Story
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Reported by: Jack Gregson
Greatest Depression: Two-Thirds Off on Manhattan Office Space News Link  •  Economy - Economics USA
Greatest Depression: Two-Thirds Off on Manhattan Office Space
05-26-2009  •  CalculatedRiskblog.com 
“A year and a half ago, this space might have leased for $150 per square foot,” Mr. Sammons said, while he has heard of recent sublets in high-end buildings in this office corridor with annual rents of as little as $40 to $50 per square foot.  Read Full Story
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Reported by: Jack Gregson
US wants to paint the world white to save energy News Link  •  Environment
US wants to paint the world white to save energy
05-26-2009  •  London Times 
[he's right, but you know there will be fun with this] The Nobel prize-winning physicist appointed by President Obama as US Energy Secretary wants to change the color of roofs, roads and pavements so they reflect more of the Sun’s light and heat  Read Full Story
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Reported by: Powell Gammill
Another Outrage News Link  •  WAR: About that War
Another Outrage
05-26-2009  •  informationclearinghouse.info 
Last week, after being bombarded with pseudo-patriotic images of graveyards, gravestones and flags, I decided to begin posting images of maimed and killed Iraqis, but especially children and transform the mega-pseudo-patriotic Memorial Day to Rememb  Read Full Story
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Reported by: Morpheus Titania
Puerto Rico - Still Part of the USA Reference Link  •  Geography
Puerto Rico - Still Part of the USA
Wikipedia 
   Just in case there's an NPR intern on the FP mailing list, you may want to alert your news desk.
Entered by: Brock Lorber
Make a Comment  •  Email this Reference Link  •  Send Letter to Editor
Beyond Redemption News Link  •  General Opinion
Beyond Redemption
05-26-2009  •  http://www.splcenter.org 
Scam artists and right-wing extremists are hawking a pseudo-legal strategy that promises both financial gain and the opportunity to take revenge against what is seen as a sham government. Called "redemption," the technique has earned its pr  Read Full Story
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Reported by: Morpheus Titania
SWAT Raids No One is safe! Feature Article  •  Police State
SWAT Raids No One is safe!
Morpheus Titania
   The graphic to the left is from the web site of the Lima, Ohio, SWAT team. In January 2008, the team stormed the home of Tarika Wilson and Anthony Terry during an ordinary drug investigation. A member of the SWAT team shot and killed Wilson -- an una
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Denninger: What Are Those Chickens Doing? News Link  •  Federal Reserve
Denninger: What Are Those Chickens Doing?
05-26-2009  •  Market-ticker.denninger.net 
My bet is that is if push comes to shove Bernanke will back off and swallow The Depression that inevitably must follow, because the alternative is that he may literally swing from a lamppost - if not at the hands of angry citizens...  Read Full Story
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Reported by: Jack Gregson
Obama Administration to Implement Government Flu Shot Program? News Link  •  Science, Medicine and Technology
Obama Administration to Implement Government Flu Shot Program?
05-26-2009  •  YouTube.com 
This video clip is from the Today show this last week.   Read Full Story
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Reported by: Jack Gregson
Case-Shiller Index: Home Prices Crash 2.2 Percent in March News Link  •  Housing
Case-Shiller Index: Home Prices Crash 2.2 Percent in March
05-26-2009  •  CalculatedRiskblog.com 
This is near the worst year-over-year price declines for the Composite indices since the housing bubble burst started.  Read Full Story
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Reported by: Jack Gregson
License Plate Recognition Spreading Like Cancer News Link  •  Camera Fraud
License Plate Recognition Spreading Like Cancer
05-26-2009  •  CameraFraud.com 
Automatic License Plate Recognition is spreading worldwide like a cancer as governments become eager to track the movement of their citizens, many times under the guise of homeland security.  Read Full Story
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Reported by: Terry Bressi
Car Dealers Pushing National Security Checks To Purchase New Cars News Link  •  Homeland Security
Car Dealers Pushing National Security Checks To Purchase New Cars
05-26-2009  •  Arizona Republic 
According to the Valley Automobile Dealers Association, all car dealers are prohibited by the Department of Treasury's Office of Foreign Assets Control (OFAC) from engaging in transactions with any government, organization, or individual who may   Read Full Story
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Reported by: Terry Bressi
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