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Date Sent: 2009-07-17
Freedom's Phoenix Global Edition for Friday, July 17, 2009 PM edition
 
Obama’s War Signals with Iran in the crosshairs -- Senate Passes the Federal Hate Crime Bill

Conservative group offers to sell endorsement for $2M -- Air Force chief of staff acted improperly -- Grain, livestock farmers resist regulation by FDA -- Income Tax Withholding Has Fallen Off a Cliff -- 'Bruno's' Palestinian 'terrorist' plans to sue over film -- Bailed out Bank of America earns $2.4B, ahead of estimates -- Bailed out Citigroup profit soars on Smith Barney sale --  Jumbo squid invade San Diego shores, chew on divers -- Ritholtz: Housing Starts Fall 46% -- Gov. Sanford traveled well on taxpayers' dime -- California Budget Talks Falter as Treasurer Warns of Junk Debt -- VP Biden: ‘We Have to Go Spend Money to Keep From Going Bankrupt’ (by MISH) -- FDIC's Sheila Bair says 500 Banks Could Fail -- Senator DeMint speaks against hate crimes bill -- Solving California's Debt Crisis -- WHO: H1N1 pandemic spreading too fast to count

 

Justin Raimondo: Obama’s War Signals - Iran in the crosshairs  
News Link  •  Iran
Justin Raimondo: Obama’s War Signals - Iran in the crosshairs
07-17-2009  •  AntiWar.com 
 You thought you were safe, now that George W. Bush is out of the White House, and the neoconservatives have gone back to their well-subsidized holes " but you were wrong.  Read Full Story
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Reported by: Jack Gregson
Bill of Rights Murdered: Senate Passes the Federal Hate Crime Bill News Link  •  Bill of Rights
Bill of Rights Murdered: Senate Passes the Federal Hate Crime Bill
07-17-2009  •  Google.com/hostednews/ap/ 
 The hate crimes bill was offered as an amendment to a must-pass defense spending bill that the Senate is expected to finish some time next week.  Read Full Story
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Reported by: Jack Gregson
June housing construction rises more than expected News Link  •  Housing
June housing construction rises more than expected
07-17-2009  •  AP 
Construction of new U.S. homes rose in June to the highest level in 7 months as builders rushed to pour foundations for homes that must be completed by the end of November for first-time buyers to take advantage of a special tax break.
 
Read Full Story
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Reported by: Powell Gammill
Conservative group offers to sell endorsement for $2M News Link  •  Corruption
Conservative group offers to sell endorsement for $2M
07-17-2009  •  Politico 

The American Conservative Union asked FedEx for a check for $2 million to $3 million in return for the group’s endorsement in a bitter legislative dispute, then the group’s president flipped and sided with UPS after FedEx refused to pay.

For the $2 million plus, ACU offered a range of services that included: “Producing op-eds and articles written by ACU’s Chairman David Keene and/or other members of the ACU’s board of directors. 
 
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Reported by: Powell Gammill
Air Force chief of staff acted improperly News Link  •  Military
Air Force chief of staff acted improperly
07-17-2009  •  Arizona Republic 
A former Air Force general violated rules and regulations when he gave a Pennsylvania military contractor preferential treatment on a $50 million bid to promote the Thunderbirds Air Show, a Department of Defense investigation has found.
 
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Reported by: Powell Gammill
Wow! Moths Jam Bat Sonar News Link  •  Science, Medicine and Technology
Wow! Moths Jam Bat Sonar
07-17-2009  •  LiveScience 
Tiger moths can thwart attacks from bats by effectively jamming the bats' sonar, doing so by emitting sudden bursts of ultrasound.
Past research had revealed that many night-flying moths have evolved the ability to hear bat sonar. A number were even seen responding with clicks of ultrasound.
 
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Reported by: Powell Gammill
Grain, livestock farmers resist regulation by FDA News Link  •  Food
Grain, livestock farmers resist regulation by FDA
07-17-2009  •  McClatchy News 
A bill to overhaul the safety of the nation's food supply is confusingly written and must not go forward until the Food and Drug Administration power over grain and livestock is removed, food industry representatives and members of Congress said Thursday.

Industry representatives from the American Meat Institute, the National Farmers Union, and other groups, as well as some lawmakers, don't think the FDA has enough experience or people to regulate grain and livestock, a job that traditionally has fallen to the Agriculture Department.

  
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Reported by: Powell Gammill
Palaeocene-Eocene Thermal maximum (PETM) News Link  •  Science
Palaeocene-Eocene Thermal maximum (PETM)
07-17-2009  •  arclein 
No one knows exactly how much Earth's climate will warm due to carbon emissions, but a new study this week suggests scientists' best predictions about global warming might be incorrect. The study, which appears in Nature Geoscience, found that climate models explain only about half of the heating that occurred during a well-documented period of rapid global warming in Earth's ancient past. The study, which was published online today, contains an analysis of published records from a period of rapid climatic warming about 55 million years ago known as the Palaeocene-Eocene thermal maximum, or PETM.  Read Full Story
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Reported by: Robert Klein
'Bruno's' Palestinian 'terrorist' plans to sue over film News Link  •  Entertainment: Movies
'Bruno's' Palestinian 'terrorist' plans to sue over film
07-17-2009  •  McClatchy News 
Ayman Abu Aita knew there was something odd about the Austrian TV reporter who asked to be kidnapped last year, showed risque video clips of himself stripping and suggested that Osama Bin Laden shave his beard so he wouldn't look like a "dirty wizard."
 
Read Full Story
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Reported by: Powell Gammill
Earth to Obama: Income Tax Withholding Has Fallen Off a Cliff News Link  •  Economy - Economics USA
Earth to Obama: Income Tax Withholding Has Fallen Off a Cliff
07-17-2009  •  Ritholtz.com/blog 
 "They are simply jaw dropping" Barry Ritholtz  Read Full Story
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Reported by: Jack Gregson
How to Succeed as an Ayn Rand Character News Link  •  Humor
How to Succeed as an Ayn Rand Character
07-17-2009  •  Cracked 
The works of Ayn Rand include Atlas Shrugged, a popular novel on the evils of government regulations, The Fountainhead, the story of rebellious architect Howard Roark struggling to maintain his integrity, and Anthem, which I didn't read because you only need the first two to be trendy.
 
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Reported by: Brock Lorber
Bailed out Bank of America earns $2.4B, ahead of estimates News Link  •  Economy - Economics USA
Bailed out Bank of America earns $2.4B, ahead of estimates
07-17-2009  •  AP 
Bank of America joined other major banks in reporting better-than-expected second quarter income, earning $2.42 billion even as losses from failed loans continued to rise.  "But big consumer banks, and Bank of America is the biggest, they are the ones who have the most to lose in a prolonged consumer-oriented recession."  Read Full Story
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Reported by: Powell Gammill
Bailed out Citigroup profit soars on Smith Barney sale News Link  •  Economy - Economics USA
Bailed out Citigroup profit soars on Smith Barney sale
07-17-2009  •  AP 
Citigroup Inc. surprised Wall Street, reporting a $3 billion second-quarter profit instead of the big loss analysts expected.  Citigroup became the fourth big bank to report strong results for the quarter.   Read Full Story
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Reported by: Powell Gammill
The Billings Murders Opinion  •  Philosophy: Political
Food For Thought
The Billings Murders
07-17-2009
Chuck Baldwin
   By now, most Americans are familiar with the horrific murder of a Pensacola, Florida, couple by the name of Byrd and Melanie Billings... This case hits home with me, because they lived in my hometown of Pensacola.
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Jumbo squid invade San Diego shores, chew on divers News Link  •  Science, Medicine and Technology
Jumbo squid invade San Diego shores, chew on divers
07-17-2009  •  AP 
Thousands of jumbo flying squid " aggressive 5-foot-long sea monsters with razor-sharp beaks and toothy tentacles " have invaded the shallow waters off San Diego....known to attack humans and are nicknamed "red devils" for their rust-red coloring and mean streak. Those who dive with them there chum the water with bait and sometimes get in a metal cage or wear chain mail to avoid being lashed by tentacles.  Read Full Story
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Reported by: Powell Gammill
Gov. Sanford traveled well on taxpayers' dime News Link  •  TAXES: State
Gov. Sanford traveled well on taxpayers' dime
07-17-2009  •  Politico 
On one overseas trip, the state appears to have spent more than $12,000 for the GOP governor’s business-class tickets for a September 2007 trade mission to China, while his aides flew in economy class for airfares as low as $1,900.  Read Full Story
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Reported by: Powell Gammill
Denninger on Homebuilders: What Are They Smoking? News Link  •  Housing
Denninger on Homebuilders: What Are They Smoking?
07-17-2009  •  Market-ticker.denninger.net 
 It is truly unbelievable that builders would be ramping construction into this market environment. I thought I had seen everything stupid under the sun, but this, among all else, takes the cake...  Read Full Story
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Reported by: Jack Gregson
Robert Gates: Iran nuclear arms worst threat to security -  'Countdown to War' News Link  •  Iran
Robert Gates: Iran nuclear arms worst threat to security - 'Countdown to War'
07-17-2009  •  RawStory.com 
 "If something is done to prevent them from getting one, the consequences of that are completely unpredictable and frankly, very bad."  Read Full Story
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Reported by: Jack Gregson
Ritholtz: Housing Starts Fall 46% News Link  •  Housing
Ritholtz: Housing Starts Fall 46%
07-17-2009  •  Ritholtz.com/blog 
 Incidentally, much of the media reportage on this was simply innumerate " the numerical equivalent of illiteracy. Not just a little wrong, but totally, embarrassingly incorrect.  Read Full Story
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Reported by: Jack Gregson
Weekly Report: On Israeli Human Rights Violations in the Occupied Palestinian Territory News Link  •  Palestine -- Israel
Weekly Report: On Israeli Human Rights Violations in the Occupied Palestinian Territory
07/16/09  •  UrukNet 
Israeli Forces Continue Systematic Attacks against Palestinian Civilians and Property in the occupied Palestinian territory (oPt) and Continue to Impose a Total Siege on the Gaza Strip  Read Full Story
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Reported by: Lola Flores
Mystery surrounds crash of 'fit to fly' Iran plane News Link  •  Iran
Mystery surrounds crash of 'fit to fly' Iran plane
07/16/2009  •  Press TV 
With Armenia's civil aviation organization confirming that the Caspian Airlines plane that crashed in Iran on Wednesday had passed all pre-flight safety inspections, the cause of the disaster remains a mystery.  Read Full Story
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Reported by: Lola Flores
Baxter Vaccine 'Oddities'
News Link  •  Science, Medicine and Technology
Baxter Vaccine 'Oddities'
07/17/2009  •  Citizens for Legitimate Government 
Baxter Files Swine Flu Vaccine Patent a Year Ahead of Outbreak  Read Full Story
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Reported by: Lola Flores
Financial Times editor says most news websites will charge within a year News Link  •  Media: Internet
Financial Times editor says most news websites will charge within a year
07/16/2009  •  guardian.co.uk 
The Financial Times editor, Lionel Barber, has predicted that "almost all" news organisations will be charging for online content within a year.  Read Full Story
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Reported by: Lola Flores
Dangerous, Untreated Wastewater in the West Bank Feature Article  •  Israel - Palestine
Dangerous, Untreated Wastewater in the West Bank
Stephen Lendman
   Israeli neglect makes water dangerous to use.
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VP Biden: ‘We Have to Go Spend Money to Keep From Going Bankrupt’ News Link  •  Obama Administration
VP Biden: ‘We Have to Go Spend Money to Keep From Going Bankrupt’
07-17-2009  •  Michael Shedlock / Mish 
 Joe Biden told people attending an AARP town hall meeting that unless the Democrat-supported health care plan becomes law the nation will go bankrupt and that the only way to avoid that fate is for the government to spend more money.  Read Full Story
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Reported by: Jack Gregson
California Budget Talks Falter as Treasurer Warns of Junk Debt News Link  •  Economy - Economics USA
California Budget Talks Falter as Treasurer Warns of Junk Debt
07-17-2009  •  Bloomberg.com 
 “With every passing day, the state’s credit rating moves closer and closer to the junk pile,” Lockyer said in a statement. “If the Governor and Legislature dump us on that pile, they will end indefinitely the state’s financial ability to...  Read Full Story
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Reported by: Jack Gregson
Senator: FDIC's Sheila Bair says 500 Banks Could Fail News Link  •  Federal Reserve
Senator: FDIC's Sheila Bair says 500 Banks Could Fail
07-17-2009  •  CalculatedRiskblog.com 
 Sen. Jim Bunning, R-Ky., related a comment to him by Federal Deposit Insurance Corp. Chairman Sheila Bair that another 500 banks could fail "unless something dramatic happens."  Read Full Story
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Reported by: Jack Gregson
Solving California's Debt Crisis News Link  •  Economy - Economics USA
Solving California's Debt Crisis
07-17-2009  •  arclein 
The fact is that California needs to create a state bank similar to that of North Dakota just to insulate itself from the type of reckless behavior now smashing up the US banking system. They comment on North Dakota’s long history. For what it is worth, you step across the border and you enter a hotbed of experimentation created by the great depression  Read Full Story
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Reported by: Robert Klein
Senator DeMint speaks against hate crimes bill News Link  •  Constitution
Senator DeMint speaks against hate crimes bill
7/16/09  •  Youtube 
Video  Read Full Story
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Reported by: Anonymous Watchman
H1N1 pandemic spreading too fast to count: WHO (World Health Organization) News Link  •  Pandemic
H1N1 pandemic spreading too fast to count: WHO (World Health Organization)
07-16-2009  •  Reuters 
The World Health Organization (WHO) said on Thursday that the H1N1 flu pandemic was the fastest-moving pandemic ever and that it was now pointless to count every case.     Read Full Story
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Reported by: Jim Stachowiak
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