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Date Sent: 2009-07-02
Freedom's Phoenix Global Edition for Thursday, July 2, 2009 PM edition
 
US Marines launch major offensive in Afghanistan -- 467K jobs cut in June; jobless rate hits 9.5%

American soldier feared captured in Afghanistan -- California Gov. Declares Fiscal Emergency -- Federal Reserve: The Enemy Within! -- Nassim Taleb: 'We're in the Middle of a Crash' -- Freddie, Fannie Provide 125% LTV Mortgages, Worse Than Subprime Frenzy -- Fuel tax could be replaced with by-the-mile road tax -- How a Loophole Benefits GE in Bank Rescue -- Obama’s first military excursion: ‘Largest Marine offensive since Vietnam’ -- U.S. mortgage applications fall to 7-month low -- CEI Files EPA’s Own Suppressed Report, Demands EPA Global Warming Proceeding Be Reopened -- MTV's The Hills Stars"Heidi Montag & Spencer Pratt" on Alex Jones TV: Waking Up to The NWO -- Arianespace launches "largest commercial satellite"

 

Obama’s first military excursion: ‘Largest Marine offensive since Vietnam’ News Link  •  Obama Administration
Obama’s first military excursion: ‘Largest Marine offensive since Vietnam’
07-01-2009  •  RawStory.com 
One day after U.S. troops officially vacated Iraqi cities, handing control over security to the Iraqis themselves for the first time since 2003, America’s “other war” has been ramped up significantly.

According to breaking media reports, some 4,000 Marines and 650 Afghan troops are involved in a massive operation, launched early Thursday morning, to reclaim the Helmand River Valley from Taliban control.

The BBC News website cites “officers on the ground” who say this is the “largest Marine offensive since Vietnam.”

The Washington Post reports that U.S. forces descended on Helmand province in helicopters and armored convoys. The sparsely-populated, arid area lost its government services after the Taliban evicted government officials and police officers.

The operation, the Post reports, represents a major tactical change for forces in Afghanistan:

  
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Reported by: Ernest Hancock
US Marines launch major offensive in Afghanistan News Link  •  WAR: About that War
US Marines launch major offensive in Afghanistan
07-02-2009  •  AP 

Thousands of U.S. Marines poured from helicopters and armored vehicles into Taliban-controlled villages in southern Afghanistan on Thursday in the first major operation under President Barack Obama's strategy to stabilize the country.

The offensive was launched shortly after 1 a.m. Thursday local time (4:30 p.m. EDT Wednesday, 2030 GMT Wednesday) in Helmand province, a Taliban stronghold and the world's largest opium poppy-producing area. The goal is to clear insurgents from the hotly contested region before the nation's Aug. 20 presidential election.

  
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Reported by: Powell Gammill
467K jobs cut in June; jobless rate at 9.5 percent News Link  •  Economy - Economics USA
467K jobs cut in June; jobless rate at 9.5 percent
07-02-2009  •  AP 
Employers cut a larger-than-expected 467,000 jobs in June, driving the unemployment rate up to a 26-year high of 9.5 percent, suggesting that the economy's road to recovery will be bumpy.
 
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Reported by: Powell Gammill
News Link  •  WAR: About that War
"Strike of the Sword"
07-02-2009  •  Christine Smith's Blog 
 Frankly, I find the name of this military strike quite fitting...  Read Full Story
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Reported by: Christine Smith
American soldier feared captured in Afghanistan News Link  •  WAR: About that War
American soldier feared captured in Afghanistan
07-02-2009  •  AP 

An American soldier, who disappeared after walking off his base in eastern Afghanistan with three Afghan counterparts, is believed captured, officials said today.

Spokeswoman Capt. Elizabeth Mathias said the soldier disappeared Tuesday.

"We understand him to be have been captured by militant forces. We have all available resources out there looking for him and hopefully providing for his safe return," Mathias said.

  
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Reported by: Powell Gammill
Tonight Obama where’s your Birth Certificate? With Dr. Orly Taitz Tonight live News Link  •  Obama Administration
Tonight Obama where’s your Birth Certificate? With Dr. Orly Taitz Tonight live
07-02-2009  •  Freedom Fighter Radio 
Barry Soetoro aka Barack Obama where’s your Birth Certificate? With Dr. Orly Taitz Tonight live on Freedom Fighter Radio.net 9 pm est.  Read Full Story
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Reported by: Jim Stachowiak
Solving the Chalk Mystery News Link  •  Science, Medicine and Technology
Solving the Chalk Mystery
07-2-2009  •  arclein 
In 1984, it was revealed that the North Sea oil field Ekofisk, situated 70 metres below sea level, had subsided by 1-2 metres. This was not the first time in history that a reservoir had compacted as a result of oil and gas extraction. But the scale of the seabed subsidence was unprecedented. The explanation to this phenomenon lay in the specific rock formation in this particular field. The Ekofisk rock reservoir is mainly made of chalk, as is the neighbouring Valhall field  Read Full Story
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Reported by: Robert Klein
Saharan Mega Solar News Link  •  Energy
Saharan Mega Solar
07-2-2009  •  arclein 
The ambitious project, known as Desertec, is expected to cost $555.3 billion. It would generate inexhaustible and affordable quantities of energy across the Mediterranean -- and even on a global scale if necessary.  Read Full Story
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Reported by: Robert Klein
Nassim Taleb: 'We're in the Middle of a Crash' News Link  •  Economy - Economics USA
Nassim Taleb: 'We're in the Middle of a Crash'
07-02-2009  •  CNBC.com 
 "What makes me very pessimistic in not seeing any leadership or awareness on parts of government on what has to be done, which is deleverage $40-to-$70 trillion," Taleb said.  Read Full Story
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Reported by: Jack Gregson
Unemployment Measures; Job Losses (%) Post-WWII Recessions News Link  •  Economy - Economics USA
Unemployment Measures; Job Losses (%) Post-WWII Recessions
07-02-2009  •  Ritholtz.com/blog 
 These charts provide a little clarity on the unemployment rate.  Read Full Story
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Reported by: Jack Gregson
California To Begin Issuing IOUs: Gov. Declares Fiscal Emergency News Link  •  Economy - Economics USA
California To Begin Issuing IOUs: Gov. Declares Fiscal Emergency
07-02-2009  •  californiahealthline.org 
 Gov. Arnold Schwarzenegger (R) now projects the total shortfall at $26.3 billion.  Read Full Story
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Reported by: Jack Gregson
Federal Reserve: The Enemy Within! News Link  •  Federal Reserve
Federal Reserve: The Enemy Within!
07-02-2009  •  Rense.com 
 "June 26, 2009 Federal Reserve chairman Ben Bernanke unleashed an alarming veiled threat of financial terrorism when he was questioned about Ron Paul's H.R. 1207 bill to audit the Federal Reserve.  Read Full Story
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Reported by: Jack Gregson
Auto Sales News Link  •  Economy - Economics USA
Auto Sales "Remain Ugly" Are Fantastic!
07-02-2009  •  Ritholtz.com/blog 
 • Chrysler Group 42% decline; • General Motors slipped by 33.4% • Toyota Motor reported a 32% drop;  Read Full Story
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Reported by: Jack Gregson
Freddie, Fannie Provide 125% LTV Mortgages, Worse Than Subprime Frenzy News Link  •  Housing
Freddie, Fannie Provide 125% LTV Mortgages, Worse Than Subprime Frenzy
07-02-2009  •  NakedCapitalism.com 
 Yves here. Huh? This is beyond Orwell, it's patently silly. The intent is to prop up prices by keeping stressed borrowers from selling their houses...  Read Full Story
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Reported by: Jack Gregson
Non Farm Payroll Data Dissection: Hours worked falls to 45 year low News Link  •  Economy - Economics USA
Non Farm Payroll Data Dissection: Hours worked falls to 45 year low
07-02-2009  •  Ritholtz.com/blog 
 • Birth Death Adjustment contributed 185k in June 2009 (versus 165k in June 08) • Hours worked fell 0.8%, bringing the average workweek down 0.1 hours to 33; This is a record low going back to 1964;  Read Full Story
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Reported by: Jack Gregson
The Dumbing Down of America News Link  •  Political Theory
The Dumbing Down of America
07-02-2009  •  Just a Girl in Short Shorts 
Americans are getting dumber and dumber and it is resulting in the misuse, abuse and abdication of political power.  Read Full Story
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Reported by: Becky Chandler
Fuel tax could be replaced with by-the-mile road tax News Link  •  World News
Fuel tax could be replaced with by-the-mile road tax
07-02-2009  •  McClatchy 
The year is 2020 and the gasoline tax is history. In its place you get a monthly tax bill based on each mile you drove " tracked by a Global Positioning System device in your car and uploaded to a billing center.  Read Full Story
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Reported by: Jim Stachowiak
How a Loophole Benefits GE in Bank Rescue News Link  •  Bailouts
How a Loophole Benefits GE in Bank Rescue
6/29/09  •  Washington Post 
General Electric, the world's largest industrial company, has quietly become the biggest beneficiary of one of the government's key rescue programs for banks. At the same time, GE has avoided many of the restrictions facing other financial giants getting help from the government. The company did not initially qualify for the program, under which the government sought to unfreeze credit markets by guaranteeing debt sold by banking firms. But regulators soon loosened the eligibility requirements, in part because of behind-the-scenes appeals from GE.  Read Full Story
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Reported by: Anonymous Watchman
Pipe bomb blast destroys car in Oregon News Link  •  TERRORISM
Pipe bomb blast destroys car in Oregon
07-02-2009  •  The Creswell Chronicle 
A pipe bomb exploded inside a 1990 Geo Storm in Lane County Oregon.
 
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Reported by: Jim Stachowiak
Government POISONS US SOLDIERS with FLU Vaccanation News Link  •  Military
Government POISONS US SOLDIERS with FLU Vaccanation
7/01/09  •  Youtube 
Proof the US Government does not care who is a gunny pig for there eugenics bio weapon testing. http://www.projectdanielrad... video:  Read Full Story
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Reported by: Anonymous Watchman
12 hospitalized in connection with E. coli in beef News Link  •  Pandemic
12 hospitalized in connection with E. coli in beef
07-02-2009  •  AP 
At least 12 people, two of them suffering kidney failure, have been hospitalized in connection with a possible E. coli outbreak in beef suspected of having sickened people in nine states, federal health officials said Wednesday.   Read Full Story
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Reported by: Jim Stachowiak
Section 526 Dodged News Link  •  Energy
Section 526 Dodged
07-02-2009  •  arclein 
Section 526 of the Energy Independence and Security Act of 2007 had some strong implications for the Canadian oil sands. Section 526 targeted unconventional petroleum sources with greenhouse gas emissions greater than conventional sources. In other words, Section 526 prohibits the government from purchasing fuels with a higher carbon intensity than gasoline. On June 17, the U.S. Senate Energy and Natural Resources Committee voted for a bill that could put the oil sands back in our good graces. One amendment passed by a voice vote stated U.S. refiners would not be in violation of Section 526 by buying crude oil produced from Canadian oil sands.  Read Full Story
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Reported by: Robert Klein
EPA's Secret Document - News Link  •  Environment
EPA's Secret Document -
7/02/09  •  APFN Messageboard 
Senator Inhofe - Crap and Raid Fallacy Sen. Inhofe discusses the Cap-and-Trade legislation that passed in the U.S. House and the EPA's secret document on greenhouse gases. More...  Read Full Story
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Reported by: Anonymous Watchman
U.S. mortgage applications fall to 7-month low News Link  •  Economy - Economics USA
U.S. mortgage applications fall to 7-month low
07-02-2009  •  Yahoo 

NEW YORK (Reuters) - U.S. mortgage applications plunged to a seven-month low last week as demand for home refinancing loans tumbled 30 percent, data from an industry group showed on Wednesday.

The drop does not bode well for the hard-hit U.S. housing market, which has been showing some signs of stabilization, with sales rising and home price declines moderating in many regions of the country.

The Mortgage Bankers Association said its seasonally adjusted index of mortgage applications, which includes both purchase and refinance loans, for the week ended June 26 decreased 18.9 percent to 444.8, the lowest reading since the week ended November 21, 2008.

  
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Reported by: Ernest Hancock
CEI Files EPA’s Own Suppressed Report, Demands EPA Global Warming Proceeding Be Reopened
News Link  •  Environment
CEI Files EPA’s Own Suppressed Report, Demands EPA Global Warming Proceeding Be Reopened
6/30/09  •  CEI 
The Competitive Enterprise Institute today is demanding that the Environmental Protection Agency allow public comment on an internal global warming report that the agency itself suppressed. CEI is submitting the report to the EPA and formally requesting that EPA re-open the comment period on its so-called “endangerment proceeding,” so the public can comment on both the report and on EPA’s conduct. EPA’s official comment period ended June 23. Today’s actions follow CEI’s release of internal EPA emails a week ago that demonstrated the agency cover-up, followed by a draft version of the report released last Thursday. A day later, the author of the report was given permission by the agency to release the final report but only on his own website.  Read Full Story
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Reported by: Anonymous Watchman
MTV's The Hills Stars Feature Article  •  Entertainment: Television (TV)
MTV's The Hills Stars"Heidi Montag & Spencer Pratt" on Alex Jones TV: Waking Up to The
Ben Nichols
   Alex welcomes reality MTV stars Spencer Pratt and Heidi Montag to discuss their awakening to the New World Order and 9/11 truth.

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Arianespace launches News Link  •  Space Travel and Exploration
Arianespace launches "largest commercial satellite"
07-01-2009  •  Rueters 

CAYENNE, French Guiana, July 1 (Reuters) - An Ariane rocket has launched from French Guiana on Wednesday the TerreStar-1 satellite, billed by the Arianespace rocket launch company as "the largest commercial communications satellite ever launched".

TerreStar blasted off from the European Space Agency's (ESA) launch centre in Kourou, French Guiana on the northeast coast of South America at 2.52 pm (1752 GMT).

It was released into orbit twenty-six minutes later.

Virginia-based TerreStar Corp TTSR.O plans to provide hybrid telecommunications to satellite and cellular handsets about the same size as a conventional smartphone.

The satellite is designed to provide service throughout the United States and Canada. Analysts estimated the cost of the satellite, launch and insurance to exceed $500 million.

TerreStar weighed 6.9 metric tonnes (15,200 lb) at lift-off and was built by U.S. satellite manufacturer Loral Space &a  Read Full Story
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Reported by: Ernest Hancock
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