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Date Sent: 2009-07-31
Freedom's Phoenix Global Edition for Friday, July 31, 2009 PM edition |
Sharecropper Nation: House Passes Foreclosure Rental Bill -- The Meaningless CONstitution
Ritholtz: Falling Imports versus Falling Exports -- California pensions next state financial crisis -- Birth of a Notion - by Thomas L. Knapp -- The Bond Bubble’s Back -- Judge orders Afghan teen home after years at Guantanamo -- Pelosi and Blue Dog Dems Flooded With Healthcare Bribes -- Bad bridges passed up for stimulus cash -- Obama’s Secret Police Spy on Antiwar Movement - by Justin Raimondo -- Town Halls Gone Wild -- Punch sheriff's dog, get jail time -- Liabilities of Mysterious Insurance Company Lead to Maneuvers to Protect Goldman -- Recession Worse Than Prior Estimates, Revisions Show -- AIG Is Even Worse Off Than You Think -- Jim Rogers: Another Collapse Coming In China -- China Avoids US Bond Sales
-- Doubts About Fed's Ability To Control Inflation Are Growing --
Former Kansas State Trooper: Plan for Vaccine Bracelets at Roadblocks
-- IL National Guard Puts Military War Machines on Streets -- Healthcare Bill: Atrocities in just the first 500 pages -- Former Bush Official: Swine Flu Vaccine's Goal is Depopulation
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News Link • Climate Change
Meat of the Problem
07-31-2009
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arclein
That's not an oversight. Telling people to give up burgers doesn't poll well. Ben Adler, an urban policy writer, explored that in a December 2008 article for the American Prospect. He called environmental groups and asked them for their policy on meat consumption. "The Sierra Club isn't opposed to eating meat," was the clipped reply from a Sierra Club spokesman. "
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Reported by:
robert klein
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News Link • Communications
Live EFF Web Event - Safe Technology for Dissidents
07-31-2009
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Boing Boing
Tonight, Aug 3 - 7-9pm PDT. Iranians protesting the results of the recent election found an outlet
and a means of organizing with the Internet, and showed that new
digital media can help free speech and fight repression globally. But
what happens now the headlines and the Twitter trends have died down?
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Reported by:
Brock Lorber
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News Link • Bailouts
Wall Street Is About To Rename The Bonus
07/31/2009
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The Business Insider
Andrew Cuomo has once again turned the bright glare on Wall Street bonuses, giving everyone a fresh chance to jeer and offer their ideas about how compensation will be reformed.
But the obsession with bonuses is a big distraction whichever side you're on.
If there's something to be enraged about, it's not the bonuses, it's the profits in the banking sector.
Because shareholders of companies like JPMorgan (JPM) and Goldman Sachs (GS) are perfectly happy fattening up their big earners.
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News Link • Federal Reserve
The Bond Bubble’s Back
07/31/2009
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Daily Reckoning
Just when you thought the bond bubble was being saved for another day…
The government managed to auction $39 billion worth of 5-year debt yesterday… barely. Wednesday’s debt sale drew a bid-to-cover ratio of 1.92, the lowest investor demand since September 2008. Low demand forced Uncle Sam to jack up interest rates at the last minute in two separate bond auctions this week " yesterday’s sale and Tuesday’s $42 billion auction of 2-year notes.
So what’s an indebted government to do? Manipulate the market, of course.
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News Link • Torture
Judge orders Afghan teen home after years at Guantanamo
07-31-2009
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McClatchy News
A young Guantanamo detainee appears likely to be sent home after a federal judge concluded he'd been held
illegally and ordered him released after almost seven years.
"After this horrible, long, tortured history, I hope the government
will succeed in getting him back home," U.S. District Judge Ellen Segal
Huvelle told Justice Department lawyers during a court hearing. "Enough has been imposed on this young man to date."
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Reported by:
Powell Gammill
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News Link • Corruption
Pelosi and Blue Dog Dems Flooded W Healthcare Insurer Donations
07.31/2009
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Flopping Aces
U.S. House of Representatives Speaker Nancy Pelosi ramped up her criticism of insurance companies, accusing them of unethical behavior and working to kill a plan to create a new government-run health plan.
“It’s almost immoral what they are doing,” Pelosi said to reporters, referring to insurance companies. “Of course they’ve been immoral all along in how they have treated the people that they insure,” she said, adding, “They are the villains. They have been part of the problem in a major way. They are doing everything in their power to stop a public option from happening.”
oh, but…she’ll still take their money
Pelosi Will Keep “Villains” Campaign Contributions
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News Link • Constitution
What is GOOOH? A non-partisan plan to replace the politicians
07-31-2009
Why should I join? Your country is calling!
"If ever a time should come, when vain and aspiring men shall possess the highest seats in Government, our country will stand in need of its experienced patriots to prevent its ruin." Samuel Adams, 1776
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News Link • Corruption
Potential Liabilities of Mysterious Insurance Company May Result in New Maneuvers to Protect Goldman
07/31/2009
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Economic Policy Journal
Customer Asset Protection Company, a little-known insurer whose members include Morgan Stanley, Goldman Sachs,, JPMorgan Chase and Wells Fargo, is becoming the focus of swirling questions as Lehman Brothers' bankruptcy filing puts it to the test.
By some industry estimates reviewed by the insurance department, Capco could face nearly $11 billion in claims as a result of the Lehman bankruptcy but has only about $150 million with which to meet them, NYT writes.
How do you say Ponzi, in insuranceeze?
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News Link • Economic Stimulus
Recession Worse Than Prior Estimates, Revisions Show
07/31/2009
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Bloomberg
The first 12 months of the U.S. recession saw the economy shrink more than twice as much as previously estimated, reflecting even bigger declines in consumer spending and housing, revised figures showed.
The world’s largest economy contracted 1.9 percent from the fourth quarter of 2007 to the last three months of 2008, compared with the 0.8 percent drop previously on the books, the Commerce Department said today in Washington
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News Link • Corruption
AIG Is Even Worse Off Than You Think
07/30/2009
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The Business Insider
Remember the fairy tale about AIG being an otherwise healthy insurance company that just got a little crazy selling credit default swaps? Well, it's time to put that one to rest. snippet..
Regulators have been turning a blind eye to this sort of thing because they are worried about putting the taxpayer investment in AIG at risk.
Read that again: we invested billions in AIG and now we can't properly regulate it without putting that investment at risk. It's a brand new type of regulatory capture. Great work, team.
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News Link • China
Jim Rogers: Another Collapse Coming In China (VIDEO)
07/31/09
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The Business Insider
Even noted China-phile Jim Rogers is wary of the huge market rally in Shanghai. In this interview with Bloomberg, he tells Margaret Brennan (so that's where she went) that he's not buying any Chinese shares these days, and is waiting for the market to collapse again. He also discusses China's ongoing thirst for commodities from abroad.
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News Link • Federal Reserve
Doubts About Fed's Ability To Control Inflation Are Growing
07/30/2009
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Market Skeptic
Conclusion: The Fed has no workable exit strategy. The US is about to enter a period of stag(hyper)inflation worst then anything experienced in over a hundred years.
This article will help you understand the dire predicament we are in even the comments are informative make sure to scroll through them.
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News Link • Federal Reserve
China Avoids US Bond Sales
07/31/2009
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The Business Insider
There's some fear out there that one of the big "shoes to drop" could be dropping -- namely our massive debt and the potential unwillingness of our trading partners to keep financing it.
This week saw a series of monster bond sales--so many, in fact that buyers may be getting a stomachache.
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News Link • Obama Administration
CONgress says Obama born in Hawaii
07-31-2009
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www.opencongress.org/
Obama MUST have been born in Hawaii Being its part of the bill HR 593. How convenient it is for them to place this in the bill. This has NOT been settled! [ED] Recognizing and celebrating the 50th Anniversary of the entry of Hawaii into the Union as the 50th State.
Whereas August 21, 2009, marks the 50th Anniversary of President Dwight D. Eisenhower’s signing of Proclamation 3309, which admitted Hawaii into the Union in compliance with the Hawaii Admission Act, enacted by the United States Congress on March 18, 1959
Whereas the 44th President of the United States, Barack Obama, was born in Hawaii
FYI: Resolutions are not laws. They are legally meaningless. A resolution is made when it’s declared Your Name Day in your hometown. This resolution does nothing to solve the issue of barry’s birthplace though it cleverly served to bring Republicans on board in an official capacity that could be wedged down the road.
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Reported by:
Thomas Costanzo
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News Link • Police State
Illinois Army National Guard Puts Military War Machines on the Streets
07-31-2009
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infowars
In Springfield,
Illinois, the commoners will get acclimated in the coming week to the
idea of the military on the streets. “A Springfield-based military
police company will be training with a new armored vehicle in the area
this week,” the Associated Press
reports. “The Illinois Army National Guard says training with the new
Armored Security Vehicles will start Thursday and run through Sunday.”
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Reported by:
Jim Stachowiak
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News Link • Transportation: Air Travel
Boeing Commits Airship Heavy Lift Design
07-31-2009
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arclein
Setting the obvious aside, moving a truck load of fresh food from California directly to the East coast with no mechanical vibration at a speed of around 70 mile per hour is a huge commercial improvement. You also can achieve point to point delivery rather easily from a parking lot or open field in California at the processor to a field beside the distributer in New York. This technology package makes this all plausible and economically feasible.
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Reported by:
robert klein
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News Link • Healthcare
Former Bush Official: Swine Flu Vaccine's Goal is Depopulation
07-31-2009
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Solari.com blog
Catherine Austine Fitts writes on a recent blog post, "I believe one of the goals of the swine flu vaccine is depopulation.
Perhaps it is the goal of a swine flu epidemic as well, whether
bio-warfare or hype around a flu season."
Notice exactly what
Catherine Fitts is saying here. She is saying that one of the goals of the
vaccine is depopulation! The vaccine is the cause!!
Fitts is NOT saying
that the swine flu is going to cause depopulation! She is simply saying that the vaccine is going to
kill the people.
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Reported by:
Trouser Chili
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