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Date Sent: 2009-07-31
Freedom's Phoenix Global Edition for Friday, July 31, 2009 AM edition |
Obama Creates White House Military Office -- Tax sodapop to fight fat
E-Mails Show Larger White House Role in Prosecutor Firings -- Detention Challenges Are Far Off for Many
-- The Re-Election Campaign of Ben Bernanke -- The Hell Of War Comes
Home -- Yes Virginia, there is an IRS State Church - by Greg Dixon -- Ron Paul: The Fed Works In Collusion With Goldman Sachs -- US Debt: A Fist Full of Trillions -- Swine Flu Vaccine Will Contain Mercury -- Cash-for-Clunkers to be Suspended -- Will Dems allow Goldman to manipulate a cap-and-trade market? -- How You Finance Goldman Sachs’ Profits -- Obama Expands Goldman Sachs' Power -- GMO Scandal: The Long Term Effects of Genetically Modified Food on Humans -- Landmark Arizona Self-Defense Case Gets New Life - by Alan Korwin -- ABC News' Pro-Government Medicine Propaganda Machine -- U.S. Judge Blasts D.C.'s Handling of Protest Cases -- Goldman’s real estate gambit
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News Link • TAXES: Federal
Tax sodapop to fight fat, US health officials say
07-30-09
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AFP
WASHINGTON (AFP) " US health sheriffs want to ride the sugary drinks that are helping to make Americans fat out of town, or at least off Americans' menu of choice, and one way they suggest going about it is by taxing sodapop.
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Reported by:
Melinda Carey
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News Link • Bush Administration
E-Mails Show Larger White House Role in Prosecutor Firings
07-30-2009
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Washington Post
Political adviser Karl Rove and other high-ranking figures in the Bush
White House played a greater role than previously understood in the
firing of federal prosecutors almost three years ago, according to
e-mails obtained by The Washington Post, in a scandal that led to mass
Justice Department resignations and an ongoing criminal probe.
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Reported by:
Powell Gammill
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News Link • Torture
Detention Challenges Are Far Off for Many
07-30-2009
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Washington Post
In the 13 months since the Supreme Court issued its landmark decision
granting detainees at the U.S. military prison at Guantanamo Bay, Cuba,
the right to challenge their confinements before federal judges, most
prisoners still have not had their day in court.
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Reported by:
Powell Gammill
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Feature Article • Healthcare
Dangerous health care insanity spreads
Thomas Costanzo
If the news media would report on the CONTENTS of
the proposed federal health care takeover (see details below) it would die in
a day. People would rise up, as they did over the recent illegal-alien
amnesty attempt, and demand defeat.
Instead, the media reports meaningless drivel,
politicing, promises, compromises, party squabbles and leaves out the substance
of this incredibly bad hostile takeover of your doctor's office,
complete with end-your-life paperwork issued by bureaucrats, denial of service,
strict rationing, cash penalties for selecting your own doctors or treatment.
Gun-Rights Linkage: With this much total control over your medical and
financial records, there's a very short step between automated analysis of your
"fitness" to keep and bear arms, and the various prohibited-possessor
lists the government is keeping and recommending. That's just my idle
observation, the bill does not explicitly address it in any way.
The lames
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News Link • B.O.R.G.
Millions For Energy Behavior Research
07-30-2009
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www.rightsidenews.com
A Democratic U.S. congressman has quietly introduced legislation to
allocate tens of millions of dollars to create a social and behavioral
research department to identify factors that influence energy
consumption.
The new, covert social and behavioral sciences research program is to be mounted at the Department of Energy, according to the measure (HR 3247) proposed by Washington State Congressman Brian Baird.
Its pressing mission will be to better understand social and behavioral
factors that influence energy consumption and acceptance as well as
adoption rates of new energy technologies.
The valuable social and behavioral data
will be shoved down the respective throats of Energy Department
divisions which will be forced to integrate its results into their
work. This will, in turn, improve the design, development,
demonstration and application of the nation's
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Reported by:
Thomas Costanzo
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News Link • Evacuations & Catastrophe
Texas plant fire under control, evacuations lifted
07-30-2009
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ARELIS HERNANDEZ
An evacuation order was issued for thousands of
central Texas residents and Texas A&M University campus was closed
Thursday as a fire burned at a chemical plant and warehouse that
processes explosive ammonium nitrate.
Black
smoke settled over Bryan, a city of about 80,000 people about 100 miles
north of Houston, after the fire started about noon at the nearby El
Dorado Chemical Co., said fire dispatcher Andy Throne. The plant blends
and packages fertilizer and other chemicals, including ammonium
nitrate, a chemical used to make explosives.
The
fire continued to smolder but was under control Thursday night and the
evacuation order was lifted for a majority of the city, said Bryan Fire
Chief Mike Donoho. A scaled-back order remained in effect for only a
small area surrounding the warehouse.
Some
people had not been allowed to return home by late Thursday, said
Michele Meade, deputy emergency management coordinator for Brazos
County. Meade
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Reported by:
Thomas Costanzo
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News Link • WAR: About that War
The Hell Of War Comes Home.
07-30-2009
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Democracy Now
The story focuses on a single battalion based at Fort Carson in
Colorado Springs, the 2nd Battalion, 12th Infantry Regiment. Soldiers
from the brigade have have been involved in brawls, beatings, rapes,
drunk driving, drug deals, domestic violence, shootings, stabbings,
kidnapping and suicides. The Army unit’s murder rate is 114 times the
rate for Colorado Springs.
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Found Zero
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News Link • Cost of Empire
Foreign Investment in the U.S. - Going Down, Down, Down
0730/2009
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Gold Eagle
Here at Casey Research, we've been watching the actions of foreign holders of U.S. dollars as closely as a Las Vegas pit boss watches a card player on a $1 million winning streak.
Many of those in the deflation camp largely, or entirely, ignore the potential role these foreign holders may play in the drama now unfolding. But in fact, foreigners have, over the last decade, been by far the single most important source of buying for U.S. Treasuries.
Given the Treasury's need to flog on the order of $3 trillion worth of its unbacked paper this year just to keep the government's doors open - and that is a four- or fivefold increase over 2008 - the foreign buyers not only have to show up for the Treasury auctions, they have to show up in droves.
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News Link • Federal Reserve
Ron Paul: The Fed Works In Collusion With Goldman Sachs (MSNBC Ratigan Video)
07/30/2009
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The Daily Bail
Another outstanding clip from Morning Meeting. Dylan Ratigan and Congressman Dr. Ron Paul discuss the Federal Reserve and Paul's bid (HR 1207) to pass legislation that would grant the GAO permission for a complete Fed audit.
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News Link • Cost of Empire
FREE Market? Ha Ha, That's Funny!
07/30/2009
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Washington;s Blog
This article won't talk about how Uncle Sam has taken majority ownership in a number of financial giants and car companies. Everyone knows about that.
There are a lot of other reasons the market is not free.
For example, Two new quotes show that Uncle Sam has replaced individual investors. As bond king Bill Gross says:
(As I wrote last September, the government's involvement in the economy has become a lot like the movie "Weekend at Bernie's").
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News Link • Climate Change
Will Dems allow Goldman to manipulate a cap-and-trade market?
07/30/09
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American Thinker
Goldman Sachs, the Wall Street leviathan that is heavily invested in the cap-and-trade carbon market scam, has admitted it has developed and used software that can manipulate such financial markets.
The revelation came during proceedings in a legal case with enough plot twists to make even John Grisham proud; it was made, not by Goldman, but by an assistant U.S. Attorney.
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News Link • Depression
CHART OF THE DAY: Shades Of 1929
07-30-2009
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The Business Insider
We've put together an amazing, fool-making rally since the market hit its lows in early March. Of course, before you break out the champagne, remember that a strong bull run can happen during a long-term decline.
We have eclipsed most such precedents. But we did have one big bull run of nearly the exact same length and magnitude between November, 1929 and April, 1930. And you know what happened after that.
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News Link • Federal Reserve
Grayson: Fed Should Be Accountable
07/30/2009
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Newsmax
Rep. Alan Grayson, D-Fla., is upset that Congress is in the dark about much of the Federal Reserve’s activity.
He notes that he asked Fed Chairman Ben Bernanke what happened to $500 billion that the Fed extended in swaps to foreign countries, Grayson writes on the Naked Capitalism Web site.
Bernanke’s response: He didn’t know.
The $500 billion lent out should have been discussed by Congress, Grayson says.
“That is how democracy is supposed to work " not through secret deliberations” of 12 unelected bankers, the members of the Federal Reserve.
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News Link • Corruption
How You Finance Goldman Sachs’ Profits
07/30/2009
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Mother Jones
An insider’s view of Wall Street’s rebound.
This is perhaps the most important thing I learned over my years working on Wall Street, including as a managing director at Goldman Sachs: Numbers lie. In a normal time, the fact that the numbers generated by the nation's biggest banks can't be trusted might not matter very much to the rest of us. But since the record bank profits we're now hearing about are essentially created by massive federal funding, perhaps it behooves us to dig beneath their data. On July 27, 10 congressmen, led by Rep. Alan Grayson (D-Fla.), did just that, writing a letter to Federal Reserve Chairman Ben Bernanke questioning the Fed's role in Goldman's rapid return to the top of Wall Street.
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News Link • Corruption
Barack Obama Expands Goldman Sachs' Power
07/17/09
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CRIME & FEDERALISM
Goldman Sachs is too entrenched in the Federal Government. What is President Barack Obama going to do about it?
July 17 (Bloomberg) -- President Barack Obama announced today he was nominating Robert Hormats, a vice chairman of Goldman Sachs International, to a top economic position at the State Department.
The Goldman Sachs issue creates extreme cognitive dissonance in the media. Goldman is evil. Goldman is robbing taxpayers. Obama supports the "little guy."
How does the media reconcile these conflicting beliefs? Thus far, the media has ignored Barack Obama's connections to Goldman Sachs. Otherwise, one might be forced to ask the uncomfortable questions: Does Obama care more about Wall Street than Main Street?
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News Link • Federal Reserve
If GS Is A Commercial Bank, Why Do They Still Play By Investment Banking Rules (Grayson Congressiona
07/30/2009
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The Daily Bail
It's becoming more than occasionally appalling to watch the games played by Goldman Sachs as they run roughshod over Washington. First some background. Goldman applied and was quickly granted official status as a bank holding company during the crisis last September, with the result being immediate and unlimited access to the Federal Reserve's discount window. Ahhh, easy overnight cash, but at a stiff price you naturally assumed. Not so fast, this is Government Sachs we are discussing.
Conversion to a bank holding company would normally require higher regulatory capital requirements, reduced leverage and less risk overall. But again, not if you're Goldman Sachs. In January, Blankfein requested an exemption from these pesky new requirements, and true to its capture, the Fed naturally granted the exemption, explained in this letter to Government Sachs dated February 5th.
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News Link • Food
GMO Scandal: The Long Term Effects of Genetically Modified Food on Humans
07-30-2009
One of the great mysteries surrounding the spread of GMO plants around the world since the first commercial crops were released in the early 1990’s in the USA and Argentina has been the absence of independent scientific studies of possible long-term effects of a diet of GMO plants on humans or even rats. Now it has come to light the real reason. The GMO agribusiness companies like Monsanto, BASF, Pioneer, Syngenta and others prohibit independent research.
An editorial in the respected American scientific monthly magazine, Scientific American, August 2009 reveals the shocking and alarming reality behind the proliferation of GMO products throughout the food chain of the planet since 1994. There are no independent scientific studies published in any reputed scientific journal in the world for one simple reason. It is impossible to independently verify that GMO crops such as Monsanto Roundup Ready Soybeans or MON8110 GMO maize perform as the company claims, or that, as the company also
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War Onyou
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News Link • Government
Barney Frank is a Big Fat Idiot
07/30/2009
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Washington;s Blog
As I have previously documented, Larry Summers is a big fat idiot.
Unfortunately, idiocy is not limited to the White House economic team.
Barney Frank - the congress member taking the laboring oar in "solving" the economic crisis - is also a big fat idiot.
Frank is calling for credit default swaps to be limited to the giant "market makers".
Given that it was the giants trading in cds which brought down the economy (see this and this), Frank's proposal would be like saying that only convicted arsonists can work on the fire department's fire suppression team.
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News Link • Federal Reserve
PhD Economist: Fed has Caused Soaring Unemployment, Millions of Foreclosures, Millions Losing Life S
07/30/2009
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Washington;s Blog
In endorsing the bill to audit the Fed, PhD economist Dean Baker wrote last week:
The country now has almost 25 million people who are unemployed or underemployed as a result of the Fed's disastrous policies. Millions of people are losing their homes and tens of millions are losing their life savings. The country is likely to lose more than $6 trillion in output ($20,000 per person) due to the Fed's inept job performance.
He forgot trillions in unnecessary interest payments (and see this).
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Feature Article • Gun Rights
Landmark Arizona Self-Defense Case Gets New Life - by Alan Korwin
Ernest Hancock
This case outraged many rights activists, and alerted the state to the
tyrannical changes that had been quietly made to self-defense law in
Arizona. It also provided significant motivation for legislative
changes that brought about the Castle Doctrine law, and a reversal of
the corrupted burden of proof process, to the proper status it has
today. Unfortunately for Mr. Fish, he suffered the slings and arrows of
outrageous fortune through no intention of his own. He merely acted to
protect himself against a violent attack in the wilderness.
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News Link • Federal Reserve
The Idiocy Of The Media, Fed And Government
07/30/2009
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The Market Ticker
Let's cut the crap here and now and talk macro economics and debt.
I'm going to go back to this chart again:
This shows total non-government debt going from 150% of GDP (approximately) in 1981 to 350% of GDP (approximately) last year.
In 1981 GDP was $3.128 trillion, so the total amount of debt in the system (non-government again) was approximately $4.5 trillion.
In the last year GDP was $14.264 trillion, so total debt in the system was approximately $50 trillion.
This is an increase in the outstanding (not taken and paid-off) debt of roughly $45 trillion dollars.
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News Link • Federal Reserve
Hyperinflation: Fed Walks the Tightrope
07/30/2009
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Cryptogon.com
Great followup to: Kucinich: The Federal Reserve Is Paying Banks NOT to Make Loans.
The sound money set remains concerned that the Federal Reserve’s emergency actions to corral collapse could ignite hyperinflation. In particular, they point to the explosion of excess reserves inside the banking system, which they call dry tinder just waiting for the spark of recovery. Bill Dudley, president of the Federal Reserve Bank of New York, says this isn’t an issue because the Fed now pays interest on excess reserves. It’s a good argument, but only in the short run.
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News Link • Government
Wash Post: U.S. Judge Blasts D.C.'s Handling of Protest Cases
07/30/2009
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Partnership for Civil Justice
A federal judge chastised D.C. government lawyers Wednesday for how they have defended lawsuits brought by nearly 400 people arrested during a 2002 protest in downtown Washington.
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News Link • Economy - Economics USA
Goldman’s real estate gambit
07/28.09
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Reuters
s history repeating itself at Goldman Sachs?
In late 2006, Goldman shrewdly began backing away from the residential mortgage market. With little fanfare, the firm began aggressively hedging its exposure to home loans, in particular mortgages to borrowers with shaky credit histories.
This savvy and somewhat stealthy strategy enabled Goldman to pawn off lots of its soon-to-be toxic mortgages and mortgage-backed securities on other institutions " forcing those foolhardy speculators to pay the price when the subprime market blew up.
And much to everyone else’s chagrin, Goldman even made money off the housing meltdown when some of its hedges " specifically a bet that a subprime mortgage index would plunge " paid off handsomely.
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News Link • Religion: Believers
DID JESUS GIVE US THE NAME OF THE ANTICHRIST?
7/27/09
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Youtube
You will want to ponder this one from beginning to end. See the evidence for yourself - right out of the Hebrew Dictionary and the Word of God.
BARAQ=lightning in Hebrew
BAMAH=the heights in Hebrew
Jesus said - I saw Satan fall as lightning (Baraq) from the heavens or heights (Bamah). IT is plain and simple. Probably just a coincidence - but INDISPUTABLE as to the word associations. So - the film was created. Sorry if you are an obamamaniac or a bible ignoramous, but there it is. Just an interesting word association. The film does NOT proclaim that BHO "IS" the AC
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Anonymous Watchman
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