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Date Sent: 2009-06-03
Freedom's Phoenix Global Edition for Wednesday, June 3, 2009 PM edition
 
Bernanke: Start work now to curb budget deficit! -- Bin Laden threatens Americans in new tape

More Woes for UK's PM as Fourth Minister Resigns -- From porn to political chaos, UK expenses row spreads -- U.S. recovery hopes face doubts on jobs, mortgages -- Foreclosures Unending -- New U.S. Afghan war strategy will cost billions, take years --  Reporters With Pom-Poms Cheerleading the Recovery -- Paul Craig Roberts: As the Dollar Falls Off the Cliff ... -- In another switch, Obama now open to taxing healthcare benefits -- Julian Robertson: “Depression and Explosive Inflation” Possible -- Marines Train “Civilians” to Accept Coming Military Rule -- US consumer confidence falls -- FIFTY MILLION RUBY RIDGE’S - by Dave Hodges -- US to sell 'bunker buster' bombs to South Korea -- Food crisis & the global land grab

AZ: Antiwar activist Cindy Sheehan in Phoenix tomorrow and Friday


 

Bernanke: start work now to curb budget deficit News Link  •  Federal Reserve
Bernanke: start work now to curb budget deficit
06-03-2009  •  AP 
Federal Reserve Chairman Ben Bernanke is urging Congress and the Obama administration to start plotting a strategy to curb record-high U.S. budget deficits. Failing to do so could eventually erode investor confidence and endanger the economy's prospects for long-term health, he said.  Read Full Story
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Reported by: Powell Gammill
Bin Laden threatens Americans in new tape News Link  •  TERRORISM
Bin Laden threatens Americans in new tape
06-03-2009  •  AP 
Osama bin Laden threatened Americans in a new audio tape, saying President Barack Obama inflamed hatred toward the U.S. by ordering Pakistan to crack down on militants in Swat Valley and block Islamic law there.  Read Full Story
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Reported by: Powell Gammill
More Woes for Brown as Fourth Minister Resigns News Link  •  World News
More Woes for Brown as Fourth Minister Resigns
06-03-2009  •  Washington Post 
UK's Prime Minister Gordon Brown faced a political nightmare with the resignation of his fourth government minister in 2 days on the eve of local and European elections in which his Labor Party appeared headed for perhaps its worst defeat in history.  Read Full Story
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Reported by: Powell Gammill
From porn to political chaos, UK expenses row spreads News Link  •  Corruption
From porn to political chaos, UK expenses row spreads
06-03-2009  •  Reuters 
In March, the husband of Britain's interior minister and one of the most powerful politicians in the country, had to publicly apologize for charging 2 pornographic films he watched at home to his wife's parliamentary expenses. Then,  Read Full Story
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Reported by: Powell Gammill
Chinese pottery may be earliest discovered News Link  •  Science, Medicine and Technology
Chinese pottery may be earliest discovered
06-03-2009  •  China Daily 
Bits of pottery discovered in a cave in southern China may be evidence of the earliest development of ceramics by ancient people. The find in Yuchanyan Cave dates to as much as 18,000 years ago,  Read Full Story
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Reported by: Powell Gammill
Liberty Rider Michael Maresco now in WV News Link  •  Activism
Liberty Rider Michael Maresco now in WV
06-03-2009  •  www.libertyrider.com 
Crossing the mountains of PA and descending in WV, the Liberty Rider suffers a near disaster when a trailer wheel dismounts at high speed! Unlike the picture you see, Liberty Rider is on a bicycle not a motorcycle.   Read Full Story
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Reported by: Found Zero
ADP Employer Services: Department of Records Revision News Link  •  Economy - Economics USA
ADP Employer Services: Department of Records Revision
06-03-2009  •  Jessescrossradscafe.blogspot.com 
This pervasive pattern of 'good numbers' that result in stock market rallies and the massaging of public opinion, only to be replaced by downward revisions thirty days later, with little notice or quote, is cynical manipulation of the media at best, and a dangerous...  Read Full Story
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Reported by: Jack Gregson
Our Troubled Country: Examples Abound Around the World Opinion  •  Environment
CONNECTING THE DOTS
Our Troubled Country: Examples Abound Around the World
06-03-2009
Frosty Wooldridge
   “We must alert and organize the world's people to pressure world leaders to take specific steps to solve the two root causes of our environmental crises - exploding population growth and wasteful consumption of irreplaceable resources. Over-consumption and overpopulation underlie every environmental problem we face today.” Jacques-Yves Cousteau
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U.S. recovery hopes face doubts on jobs, mortgages News Link  •  Economy - Economics USA
U.S. recovery hopes face doubts on jobs, mortgages
06-03-2009  •  Reuters 
The United States may have hit a bump on the road to economic recovery, according to data with half a million private sector jobs lost in May and mortgage applications falling last week in the face of rising interest rates. The reports illustrate the policy dilemma of the Federal Reserve, which has committed trillions of dollars to keep market interest rates low, only to watch them shoot higher in recent weeks.  Read Full Story
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Reported by: Powell Gammill
The National Debt Road Trip News Link  •  Economy - Economics USA
The National Debt Road Trip
05-15-2009  •  10000 Pennies 
How do the Obama deficits compare with past presidents? And how did the national debt get so big anyway. This video tries to answer those questions by looking at the debt as a road trip and seeing how fast different administrations have been traveling.  Read Full Story
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Reported by: Brian Umbarger
Bernanke Warns Deficits Threaten Financial Stability News Link  •  Federal Reserve
Bernanke Warns Deficits Threaten Financial Stability
06-03-2009  •  Bloomberg.com 
“Either cuts in spending or increases in taxes will be necessary to stabilize the fiscal situation,” Bernanke said in response to a question. “The Federal Reserve will not monetize the debt.”  Read Full Story
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Reported by: Jack Gregson
Foreclosures Unending News Link  •  Economy - Economics USA
Foreclosures Unending
06-03-2009  •  arclein 
A continuing steep drop in home prices combined with rising unemployment is powering a new wave of foreclosures. Unfortunately, there’s little evidence, so far, that the Obama administration’s anti-foreclosure plan will be able to stop it.   Read Full Story
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Reported by: Robert Klein
New U.S. Afghan war strategy will cost billions, take years News Link  •  WAR: About that War
New U.S. Afghan war strategy will cost billions, take years
06-03-2009  •  McClatchy News 
President Barack Obama's choice to take charge of the war in Afghanistan called "significant growth" of the Afghan army and national police the key to his strategy, but the annual cost of building and maintaining the existing Afghan force is more than four times larger than the entire Afghan economy.  Read Full Story
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Reported by: Powell Gammill
Reporters With Pom-Poms Cheerleading the Recovery News Link  •  Economy - Economics USA
Reporters With Pom-Poms Cheerleading the Recovery
06-03-2009  •  Counterpunch.com/ 
Rather, the reason that most homeowners aren’t buying a lot right now is the same reason that homeless people don’t buy a lot of things: they don’t have the money.  Read Full Story
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Reported by: Jack Gregson
Paul Craig Roberts: As the Dollar Falls Off the Cliff ... News Link  •  Federal Reserve
Paul Craig Roberts: As the Dollar Falls Off the Cliff ...
06-03-2009  •  Counterpunch.com/ 
China sees it differently. It is obvious to Chinese officials that neither China nor the entire world has enough spare money to purchase $4 trillion of US Treasuries over the next two years.   Read Full Story
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Reported by: Jack Gregson
Jon Stewart: Can we stop buying sh**ty companies? News Link  •  The Daily Show with Jon Stewart & Stephen Colbert
Jon Stewart: Can we stop buying sh**ty companies?
06-03-2009  •  Rawstory video 
Comedy Central’s Jon Stewart doesn’t think that the American taxpayer got a very good deal by investing in General Motors. “We gave you twenty billion dollars and you still declared bankruptcy,” Stewart mocked on his Daily Show Tuesday night, “we could have done that for free.”  Read Full Story
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Reported by: Powell Gammill
Ted Rall: It’s increasingly evident that Obama should resign News Link  •  Obama Administration
Ted Rall: It’s increasingly evident that Obama should resign
06-03-2009  •  InfoWars.com 
Obama is useless. Worse than that, he’s dangerous. Which is why, if he has any patriotism left after the thousands of meetings he has sat through with corporate contributors, blood-sucking lobbyists, he ought to step down now " before he drags us further into the abyss.  Read Full Story
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Reported by: Jack Gregson
Marines Train “Civilians” to Accept Coming Military Rule News Link  •  World News
Marines Train “Civilians” to Accept Coming Military Rule
06-03-2009  •  infowars 
It is interesting the Marines characterized Flushing Meadows Park as “enemy territory.” In fact, according to our rulers and their military functionaries, the entire United States is “enemy territory” in need of martial law.  Read Full Story
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Reported by: Jim Stachowiak
In switch, Obama said open to taxing healthcare benefits News Link  •  TAXES: Federal
In switch, Obama said open to taxing healthcare benefits
06-03-2009  •  RawStory.com 
President Barack Obama is leaving the door open to taxing health care benefits, something he campaigned hard against while running for president, according to senators who met with him Tuesday.  Read Full Story
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Reported by: Jack Gregson
ABC Survey: US consumer confidence falls in latest week
News Link  •  Economy - Economics USA
ABC Survey: US consumer confidence falls in latest week
06-03-2009  •  Reuters.com/ 
ABC News said on Tuesday its weekly index on U.S. consumer confidence, after reaching a seven-month high in early May, fell in the latest week. The Consumer Comfort Index dropped to -49 from -47 the prior week.   Read Full Story
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Reported by: Jack Gregson
Julian Robertson: “Depression and Explosive Inflation” Possible News Link  •  Economy - Economics USA
Julian Robertson: “Depression and Explosive Inflation” Possible
06-03-2009  •  optionarmageddon.ml-implode.com/ 
I think what we’re doing now will either fail, or it will result in unbelievably high inflation " and tragically, maybe both. That would mean a depression and explosive inflation, which is frightening.  Read Full Story
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Reported by: Jack Gregson
Case-Shiller and CAR Housing Declines Since Peak - May Report News Link  •  Housing
Case-Shiller and CAR Housing Declines Since Peak - May Report
06-03-2009  •  Michael Shedlock / Mish 
In the 20 cities that Case-Shiller tracks prices have fallen from 11% (Dallas) to 53% (Phoenix). Price declines are highest in CA, NV, AZ, FL and Detroit. In all of the cities prices have now declined back to early 2000 prices  Read Full Story
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Reported by: Jack Gregson
Part 4--EXAMINATION OF THE TRAGEDY OF THE COMMONS: MUTUAL COERCION Opinion  •  Environment
CONNECTING THE DOTS
Part 4--EXAMINATION OF THE TRAGEDY OF THE COMMONS: MUTUAL COERCION
06-03-2009
Frosty Wooldridge
   As social observers, we read and watch on TV the constant symptoms of our tragedy expressed daily in a variety of ways across the American landscape. Water shortages face California, but that state adds 1,700 people daily on its way to adding 20 million people in 30 years!
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Remembering Father Gerry - by Stephen Lendman Feature Article  •  Activism
Remembering Father Gerry - by Stephen Lendman
Stephen Lendman
   "So every time there's been a dictatorship in Haiti in the last 20 years he was one of the top people out there resisting it. He was also a leader in the United States where we've got a problem of treating Haitian immigrants discriminatorily.
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The Call of the Entrepreneur News Link  •  Motivation
The Call of the Entrepreneur
06-03-2009  •  www.calloftheentrepreneur.com/ 
The Call of the Entrepreneur tells the stories of three entrepreneurs: * A failing dairy farmer in rural Evart, Michigan * A merchant banker in New York City * A refugee from Communist China Reverend Robert Sirico, author of The Entrepreneurial Vocation, joins Michael Novak, George Gilder and other experts in exploring how entrepreneurs shape our world. Learn how Brad Morgan turned a failing dairy farm into a thriving business. Morgan overcame the odds against him, creating value and wealth from the dirt under his feet. Frank Hanna is a merchant banker who explains how financial engineering not only makes credit more widely available to entrepreneurs today but also played a crucial role in the discovery of America. Jimmy Lai Fleeing Communist China and leaving his family behind at a young age, Jimmy Lai took a chance on a better life in Hong Kong. Lai explains that entrepreneurs, when taking risks, are "dashing into hope."  Read Full Story
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Reported by: Morpheus Titania
FIFTY MILLION RUBY RIDGE’S
Opinion  •  Environment
FIFTY MILLION RUBY RIDGE’S
06-03-2009
Dave Hodges
   I have repeated myself over and over again. The global elite simply love global warming because it gives them the justification to regulate every single aspect of our lives.
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Livermore Super Laser News Link  •  Science, Medicine and Technology
Livermore Super Laser
06-03-2009  •  arclein 
This potassium dihydrogen phosphate (KDP) crystal, weighing almost 800 pounds, was produced through a newly developed rapid-growth process that takes only two months, as opposed to two years using conventional methods. Each crystal is sliced into 40-centimeter-square crystal plates. More than 600 of these plates are needed for NIF. A US weapons lab on Friday pulled back the curtain on a super laser with the power to burn as hot as a star. The National Ignition Facility's main purpose is to serve as a tool for gauging the reliability and safety of the US nuclear weapons arsenal but scientists say it could deliver breakthroughs in safe fusion power.   Read Full Story
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Reported by: Robert Klein
Food crisis & the global land grab News Link  •  Agriculture
Food crisis & the global land grab
6/03/09  •  Farm Land Grab 
(Old-fashion land grab) Governments and corporations are buying up farmland in other countries to grow their own food - or simply to make money....  Read Full Story
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Reported by: Anonymous Watchman
US to sell 'bunker buster' bombs to South Korea News Link  •  WAR: About that War
US to sell 'bunker buster' bombs to South Korea
6/02/09  •  Telegraph co UK 
America has agreed to sell "bunker-buster" bombs to South Korea capable of destroying underground facilities in North Korea. The laser-guided GBU-28 bombs were first used in 1990 during the Gulf War to destroy underground command centres in Iraq.  Read Full Story
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Reported by: Anonymous Watchman
How Obama Revolution Came to America News Link  •  Obama Administration
How Obama Revolution Came to America
6/06/09  •  Accuracy In Media 
Perceptions are being shaped through a combination of propaganda, disinformation, denial and deceit by the radical left, which has seized control of the Democrat Party.   Read Full Story
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Reported by: Anonymous Watchman
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