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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

 

Sharecropper Nation: House Passes Foreclosure Rental Bill News Link  •  Housing
Sharecropper Nation: House Passes Foreclosure Rental Bill
07-31-2009  •  HousingWire.com 
 The House of Representatives this week passed a bill that would authorize federally-insured depository institutions and banks to lease real estate-owned homes for a limited period of time " up to five years.  Read Full Story
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Reported by: Jack Gregson
The Meaningless CON-stitution Reference Link  •  Constitution
The Meaningless CON-stitution
Don Cooper 
   If the constitution gives the legislature discretionary power to tax the people and spend it on whatever programs they deem to provide for the general welfare then the constitution serves no purpose.

Entered by: Ben Nichols
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Meat of the Problem News Link  •  Climate Change
Meat of the Problem
07-31-2009  •  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. "  Read Full Story
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Reported by: Robert Klein
Live EFF Web Event - Safe Technology for Dissidents News Link  •  Communications
Live EFF Web Event - Safe Technology for Dissidents
07-31-2009  •  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?

 
Read Full Story
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Reported by: Brock Lorber
Ritholtz: Falling Imports versus Falling Exports (GDP = -2.38%) News Link  •  Economy - Economics USA
Ritholtz: Falling Imports versus Falling Exports (GDP = -2.38%)
07-31-2009  •  Ritholtz.com/blog 
 If it seems weird to you that the ratio of domestic and overseas shrinking economies and their reduced consumption somehow turned into a positive GDP contributor, well, welcome to the wonderful world of government statistics.  Read Full Story
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Reported by: Jack Gregson
Restaurants: 22nd Consecutive Month of Traffic Declines in June News Link  •  Economy - Economics USA
Restaurants: 22nd Consecutive Month of Traffic Declines in June
07-31-2009  •  CalculatedRiskblog.com 
 The restaurant business is still contracting, and although not contracting as fast as late last year, the pace of contraction has picked up over the last two months.  Read Full Story
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Reported by: Jack Gregson
Corporate Media Gets You Ready for Your Forced Experimental Vaccination News Link  •  Science, Medicine and Technology
Corporate Media Gets You Ready for Your Forced Experimental Vaccination
07-31-2009  •  Infowars.com 
 Northcom has a plan “on the table” for “five regional military teams” to back up FEMA when the pandemic hits. Fox’s Brain Wilson reports the military will be involved in imposing “mass quarantines,” that is to say martial law.  Read Full Story
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Reported by: Jack Gregson
Wall Street Is About To Rename The Bonus News Link  •  Bailouts
Wall Street Is About To Rename The Bonus
07/31/2009  •  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.  Read Full Story
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Reported by:
California pensions next state financial crisis News Link  •  Economy - Economics USA
California pensions next state financial crisis
07-31-2009  •  Reuters.com 
 "Pensions will be a major issue, sooner more likely than later, because they're going to bankrupt many jurisdictions," said Bob Stern of the Center for Governmental Studies in Los Angeles.  Read Full Story
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Reported by: Jack Gregson
Ancient Roman City Lost, Now Found News Link  •  History
Ancient Roman City Lost, Now Found
07-31-2009  •  spiegel.de/international/ 
 Altinum plays a major role in Venice's history -- it was one of the richest Roman settlements but inhabitants fled before the advance of the armies of Attila the Hun. Then as water levels rose, the abandoned city sank into the lagoon...  Read Full Story
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Reported by: Jack Gregson
Birth of a Notion News Link  •  Philosophy: Anarchism
Birth of a Notion
07-31-2009  •  C4SS / Thomas L. Knapp 
To question the legitimacy of the governors is to question the legitimacy of the government " and to question the legitimacy of the government is to invite reconsideration of the legitimacy of government itself.
 
Read Full Story
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Reported by: Brock Lorber
Housing Bottom? No, The Mother Of All Head Fakes News Link  •  Housing
Housing Bottom? No, The Mother Of All Head Fakes
07-31-2009  •  BusinessInsider.com/ 
 Whitney Tilson of T2 Partners calls the May numbers "the mother of all head fakes." He--and the two analysts below--think house prices will resume their decline in the fall  Read Full Story
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Reported by: Jack Gregson
The Bond Bubble’s Back News Link  •  Federal Reserve
The Bond Bubble’s Back
07/31/2009  •  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.  Read Full Story
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Reported by:
Judge orders Afghan teen home after years at Guantanamo News Link  •  Torture
Judge orders Afghan teen home after years at Guantanamo
07-31-2009  •  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."

 
Read Full Story
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Reported by: Powell Gammill
Pelosi and Blue Dog Dems Flooded W Healthcare Insurer Donations News Link  •  Corruption
Pelosi and Blue Dog Dems Flooded W Healthcare Insurer Donations
07.31/2009  •  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  Read Full Story
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Reported by:
RunNPee Reference Link  •  Entertainment: Movies
RunNPee
RunPee 
   Your in the middle of watching a movie, and you really, really need to pee.  Don't want to miss anything good?  Look up on your phone when is a good time to make the dash. 
Entered by: Powell Gammill
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Bad bridges passed up for stimulus cash News Link  •  Obama Administration
Bad bridges passed up for stimulus cash
07-31-2009  •  AP 
Tens of thousands of unsafe or decaying bridges carrying 100 million drivers a day must wait for repairs because states are spending stimulus money on spans that are already in good shape or on easier projects like repaving roads.  Read Full Story
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Reported by: Powell Gammill
WALMART-VACCINE DISTRIBUTION CENTERS? News Link  •  Pandemic
WALMART-VACCINE DISTRIBUTION CENTERS?
07-31-2009  •  Reuters 
Wal-Mart Stores Inc is discussing with U.S. health officials the possibility of putting vaccination sites at some of its stores for an H1N1 swine flu inoculation campaign this fall, a company official said on Thursday.     Read Full Story
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Reported by: Jim Stachowiak
Police in Parker-Broderick case arraigned in Ohio News Link  •  Law Enforcers or Peace Officers
Police in Parker-Broderick case arraigned in Ohio
07-31-2009  •  AP 
Two Ohio police chiefs accused of snooping on the surrogate mother for actors Sarah Jessica Parker and Matthew Broderick were charged with several felonies.  The men conspired to steal items from the woman's home to sell to celebrity photographers.   Read Full Story
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Reported by: Powell Gammill
The Biggest Holders of US Government Debt News Link  •  Federal Reserve
The Biggest Holders of US Government Debt
07-31-2009  •  CNBC.com 
 That’s right, the biggest holder of US government debt is the United States itself. The Federal Reserve system of banks and other US intragovernmental holdings account for a stunning $4.806 trillion in US Treasury debt.  Read Full Story
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Reported by: Jack Gregson
What is GOOOH? A non-partisan plan to replace the politicians 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  Read Full Story
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Reported by:
Foreign Cenbank Holdings of US Obligations Weekly Update to 29 July 2009 News Link  •  Federal Reserve
Foreign Cenbank Holdings of US Obligations Weekly Update to 29 July 2009
07-31-2009  •  HousingDoom.com 
 Treasuries rose $4.289 billion, not much better than last week. With massive supply of T-bills coming down the pipe, this doesn’t provide much support.  Read Full Story
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Reported by: Jack Gregson
Justin Raimondo: Obama’s Secret Police Spy on Antiwar Movement News Link  •  Police State
Justin Raimondo: Obama’s Secret Police Spy on Antiwar Movement
07-31-2009  •  Antiwar.com 
 Fusing the civilian and the military, the local cop on the beat and the national security bureaucracy, the new apparatus of surveillance and repression is the virtual embodiment of government "work."   Read Full Story
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Reported by: Jack Gregson
US GDP comes in at minus 1% News Link  •  Economy - Economics USA
US GDP comes in at minus 1%
07-31-2009  •  NakedCapitalism.com 
 However, the fly in the ointment is consumer demand. It is still weak. Look at non-durable spending. If we don't see a significant uptick come Q3, you should be worried.  Read Full Story
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Reported by: Jack Gregson
Town Halls Gone Wild News Link  •  Government
Town Halls Gone Wild
07-31-2009  •  Politico 
Welcome to the new town-hall-style meeting, the once-staid forum that is rapidly turning into a house of horrors for members of Congress.  Read Full Story
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Reported by: Glenn Jacobs
Potential Liabilities of Mysterious Insurance Company May Result in New Maneuvers to Protect Goldman News Link  •  Corruption
Potential Liabilities of Mysterious Insurance Company May Result in New Maneuvers to Protect Goldman
07/31/2009  •  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?  Read Full Story
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Reported by:
Punch sheriff's dog, get jail time News Link  •  Criminal Justice System
Punch sheriff's dog, get jail time
07-31-2009  •  Columbus Dispatch 
Moon sentenced Metz to six months in jail and five years of community control while an Ohio State University student whose punch during a fight resulted in the death of a man last year got a 60-day sentence yesterday.  Read Full Story
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Reported by: Brock Lorber
Radio/TV Show  •  Declare Your Independence with Ernest Hancock - Radio
Host: Ernest Hancock
"Declare Your Independence with Ernest Hancock" - July 31st 2009
   Audit the Fed /  The Meaningless CON-stitution
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Recession Worse Than Prior Estimates, Revisions Show News Link  •  Economic Stimulus
Recession Worse Than Prior Estimates, Revisions Show
07/31/2009  •  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  Read Full Story
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Reported by:
AIG Is Even Worse Off Than You Think News Link  •  Corruption
AIG Is Even Worse Off Than You Think
07/30/2009  •  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.  Read Full Story
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Reported by:
Jim Rogers: Another Collapse Coming In China (VIDEO) News Link  •  China
Jim Rogers: Another Collapse Coming In China (VIDEO)
07/31/09  •  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.  Read Full Story
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Reported by:
Doubts About Fed's Ability To Control Inflation Are Growing News Link  •  Federal Reserve
Doubts About Fed's Ability To Control Inflation Are Growing
07/30/2009  •  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.  Read Full Story
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Reported by:
China Avoids US Bond Sales News Link  •  Federal Reserve
China Avoids US Bond Sales
07/31/2009  •  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.  Read Full Story
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Reported by:
CONgress says Obama born in Hawaii News Link  •  Obama Administration
CONgress says Obama born in Hawaii
07-31-2009  •  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.  Read Full Story
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Reported by: Morpheus Titania
Israel's Discriminatory Land Policies Feature Article  •  Israel - Palestine
Israel's Discriminatory Land Policies
Stephen Lendman
   Israel law sanctions stealing Palestinian land
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Former Kansas State Trooper: Plan for Vaccine Bracelets at Roadblocks News Link  •  Police State
Former Kansas State Trooper: Plan for Vaccine Bracelets at Roadblocks
07-31-2009  •  Greg Evensen 
Have you been made aware of the massive roadblock plans to stop all travelers for a vaccine bracelet (stainless steel band with a micro-chip on board) that will force you to take the shot?     Read Full Story
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Reported by: Jim Stachowiak
Worlds Largest and Biggest Feature Article  •  Just For Fun!
Worlds Largest and Biggest
Morpheus Titania
   LARGEST  INDOOR SWIMMING POOL ...CANADA  LARGEST OFFICE COMPLEX...CHICAGO LARGEST SHOPPING MALL...CHINA WIDEST BRIDGE...AUSTRALIA LONGEST BRIDGE... CHINA Worlds tallest building by a long way...Video at end on Burj Dubai...Its AMAZING!
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Illinois Army National Guard Puts Military War Machines on the Streets News Link  •  Police State
Illinois Army National Guard Puts Military War Machines on the Streets
07-31-2009  •  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.”     Read Full Story
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Reported by: Jim Stachowiak
Boeing Commits Airship Heavy Lift Design News Link  •  Transportation: Air Travel
Boeing Commits Airship Heavy Lift Design
07-31-2009  •  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.  Read Full Story
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Reported by: Robert Klein
Healthcare Bill - atrocities of the first 500 pages News Link  •  Obama Administration
Healthcare Bill - atrocities of the first 500 pages
07-31-2009  •  Freedom Fighter Radio 
We, as a country, cannot afford another 1000 page bill to go through congress without being read. Another 500 pages to go. I have highlighted a few of the items that are down right unconstitutional.     Read Full Story
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Reported by: Jim Stachowiak
Former Bush Official: Swine Flu Vaccine's Goal is Depopulation News Link  •  Healthcare
Former Bush Official: Swine Flu Vaccine's Goal is Depopulation
07-31-2009  •  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.

  
Read Full Story
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Reported by: Trouser Chili
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