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Date Sent: 2009-08-03
Freedom's Phoenix Global Edition for Monday, August 3, 2009 AM edition
 
Military-civilian terror prison eyed -- Big Texas bank on verge of failure

Why The FCC Wants To Smash Open The iPhone -- Peter Schiff: "Depression is beginning" -- IMF says Britain's debt crisis is the worst among major economies -- Is America building a purely military economy? -- Geithner Won’t Rule Out New Taxes for Middle Class -- Denninger: Is The FDIC Broke And Covering It Up? -- Obama’s Secret Police -- I'd Rather Be a Farmer Than a Stockbroker - by Jim Rogers -- 75% Favor Auditing The Fed -- War Without End: UK in Afghanistan for decades -- Get Ready for Son of Stimulus --  Deindustrialization: Shuttered factories, shattered lives in US rust belt -- The Omnivore’s Delusion: Against the Agri-intellectuals -- Of the Criminals, by the Criminals and for the Criminals -- Halted ’03 Iraq Plan Illustrates U.S. Fear of Cyberwar Risk -- Barack Obama may extend jobless aid -- Boeing 787 Dreamliner Wing Flaw -- CONGRESS WILL PROBE AIG $$ TODAY -- The next great bailout: Social Security -- Trillions in Financial Bailouts: After 2 years, the major Beneficiaries are Banks and Wall Street

 

Military-civilian terror prison eyed News Link  •  Bill of Rights
Military-civilian terror prison eyed
08-02-2009  •  AP 
 The Obama administration is looking at creating a courtroom-within-a-prison complex in the U.S. to house suspected terrorists, combining military and civilian detention facilities at a single maximum-security prison.  Read Full Story
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Reported by: Jack Gregson
Big Texas bank on verge of failure News Link  •  Bailouts
Big Texas bank on verge of failure
07/31/2009  •  CNN 
Guaranty Bank is hardly a household name. But the Austin, Texas-based thrift's looming failure is shaping up as a big headache for bank supervisors -- not to mention a black eye for Carl Icahn and others in the smart money set. Guaranty (GFG) could be soon seized by the government in what would be the biggest bank failure in a year that has already had 64 of them. Last week, the bank warned investors to expect a federal takeover after regulators forced a writedown of its risky mortgage investments and a bid to raise new capital failed.  Read Full Story
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Reported by:
New Detainee Site In U.S. Considered News Link  •  Criminal Justice System
New Detainee Site In U.S. Considered
08-02-2009  •  Washington Post 
The maximum-security facility would be jointly run by the departments of Defense, Justice and Homeland Security, with each assuming responsibility for different sets of inmates. Officials said such a facility could also house prisoners held in indefinite detention and those cleared for release but who have no country willing to accept them. Those convicted in federal court or military commissions could serve their terms there.
 
Read Full Story
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Reported by: Powell Gammill
Why The FCC Wants To Smash Open The iPhone News Link  •  Techno Gadgets
Why The FCC Wants To Smash Open The iPhone
08-02-2009  •  TechCrunch 
Right about now, Apple probably wishes it had never rejected Google Voice and related apps from the iPhone. Or maybe it was AT&T who rejected the apps. Nobody really knows. But the FCC launched an investigation last night to find out, sending letters to all three companies (Apple, AT&T, and Google) asking them to explain exactly what happened.
 
Read Full Story
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Reported by: Powell Gammill
Peter Schiff on Glenn Beck 7-31-09 News Link  •  Economy - Economics USA
Peter Schiff on Glenn Beck 7-31-09 "Depression is beginning"
7/31/09  •  Youtube 
Peter Schiff on the Glen Beck Show 7-31-09. Support, Peter Schiff for senate in 2012 by donating on August 7th at www.shiffforsenate.com  Read Full Story
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Reported by: Anonymous Watchman
G.M. & Chrysler: Who’s Really Bankrupt, them or us? News Link  •  Obama Administration
G.M. & Chrysler: Who’s Really Bankrupt, them or us?
08-02-2009  •  yourautonetwork.com 
 There are approximately 31,000,000 Chrysler vehicles on the road today and, as noted by Judge Gonzalez, those vehicles have no product liability coverage with the new or old Chrysler because of this reorganization!  Read Full Story
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Reported by: Jack Gregson
IMF says Britain's debt crisis is the worst among major economies News Link  •  Economy - International
IMF says Britain's debt crisis is the worst among major economies
08-02-2009  •  DailyMail.co.uk 
 It predicts that by 2010, the UK's debt will equate to 13.3 per cent of gross domestic product - compared with 9.7 per cent for the U.S.   Read Full Story
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Reported by: Jack Gregson
Is America building a purely military economy? News Link  •  Philosophy: Fascism
Is America building a purely military economy?
08-02-2009  •  Rawstory.com 
 The military economy is nearly three times as large, proportionally to the rest of the economy, as it was at the beginning of the Bush administration. And it is the only manufacturing sector showing any growth. Extrapolate that trend, and what do you get?  Read Full Story
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Reported by: Jack Gregson
Penn & Teller: Organic Food News Link  •  Food
Penn & Teller: Organic Food
08-02-2009  •  P&T Bullshit 
"I guess we can't get away from it.  Even if we give up showbiz to become organic farmers, we'll still be dependent on bullshit."   Read Full Story
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Reported by: Brock Lorber
News Link  •  World News
Is this really smoking gun of Obama's Kenyan birth?
08-02-2009  •  World Net Daily Oh Yeah Oh Yeah 
 The document lists Obama's parents as Barack Hussein Obama and Stanley Ann Obama, formerly Stanley Ann Dunham, the birth date as Aug. 4, 1961, and the hospital of birth as Coast General Hospital in Mombasa, Kenya.  Read Full Story
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Reported by: Ed Vallejo
Houston Police Admit Tasers are Deadly Weapons News Link  •  Law Enforcers or Peace Officers
Houston Police Admit Tasers are Deadly Weapons
08-02-2009  •  Chron.com (h/t Fark) 
A Houston police officer fatally shot a man in Kingwood Saturday night after the suspect grabbed the patrolman's Taser, pointed it at the officer and threatened to shoot him with it, authorities said.
 
Read Full Story
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Reported by: Brock Lorber
When Law Flies Out the Door News Link  •  Law Enforcers or Peace Officers
When Law Flies Out the Door
08-02-2009  •  Washinton Post 

In place of search warrants issued by a judge, ICE agents carry administrative warrants issued by one of their own officials that require that they "knock and talk" to gain entry into a home, a policy often abused.

The Cardozo study examined 700 arrests between 2006 and 2008 on Long Island and in New Jersey and found that agents said they had not received informed consent to enter the homes in 86 percent of the Long Island cases and 24 percent of the New Jersey ones.

 
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Reported by: Brock Lorber
Gerald Celente: Worlds Greatest Heist Before Our Eyes News Link  •  Corruption
Gerald Celente: Worlds Greatest Heist Before Our Eyes
08-02-2009  •  YouTube.com 
 "The greatest heist in American history, probably world history is happening before the eyes of the people, and either the people have been so beaten down or lost resistance to it, or they just don't want to face the facts."  Read Full Story
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Reported by: Jack Gregson
Coming Banking Tsunami: More Big Banks On the Verge of Failure News Link  •  Economy - Economics USA
Coming Banking Tsunami: More Big Banks On the Verge of Failure
08-02-2009  •  Jessescrossroadscafe.blogspot.com 
 Guaranty has $13.4 billion in assets and operates 160 branches in Texas and California -- two of the three best banking markets in the nation, thanks to their size and population growth.   Read Full Story
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Reported by: Jack Gregson
A Shot In the Dark - Part 1 News Link  •  Healthcare Industry
A Shot In the Dark - Part 1
08-02-2009  •  www.momsagainstmercury.org 

Doctors Question Flu Shot Statistics

By KELLY O'MEARA

Special to The Journal

Americans are scared. From coast to coast, young and old have stood in lines, signed up for lotteries and even crossed national borders with the hope of getting a shot at this year’s limited supply of the influenza vaccine.

The credit for the mass hysteria that has swept the nation in the last two months should be given to federal health officials, who, through ongoing public relations campaigns that easily rival those of corporate America’s top-selling products, have successfully convinced the public that without the vaccine tens of thousands, or worse, might die.

In fact, the Centers for Disease Control and Prevention has   Read Full Story
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Reported by: Ernest Hancock
Denninger: Is The FDIC Broke And Covering It Up? News Link  •  Economy - Economics USA
Denninger: Is The FDIC Broke And Covering It Up?
08-02-2009  •  Market-ticker.denninger.net 
 I believe the FDIC is broke and knows it; that under the law they should have seized these three banks (and many dozens more) some time ago, but doing so will force them to tap the Treasury "emergency" credit line.  Read Full Story
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Reported by: Jack Gregson
Geithner Won’t Rule Out New Taxes for Middle Class News Link  •  Obama Administration
Geithner Won’t Rule Out New Taxes for Middle Class
08-02-2009  •  InfoWars.com & ABCnews.com 
 To get the economy back on track, will President Barack Obama have to break his pledge not to raise taxes on 95 percent of Americans? In a “This Week” exclusive, Treasury Secretary Tim Geithner told me, “We’re going to have to do what’s necessary.”  Read Full Story
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Reported by: Jack Gregson
100 Skills Every Man Should Know...
And Women Too Feature Article  •  Revolutions, Rebellions & Uprisings
100 Skills Every Man Should Know... And Women Too
Ernest Hancock
   Brains and charm are fine, but a real guy needs to know how to do real stuff. After months of debate among PM’s expert editors " and a preview of 2008’s ultimate DIY list " now you can explore how to perform life’s essential skills, broken down in 10 categories for the competent man " plus 20 tools you need to own. Did we leave anything out " or included a skill you don’t think is worthy? Scroll down and click through for tips, then sound off in our chat, or take PM’s interactive DIY quiz to see how you measure up against the MythBusters and more TV know-it-alls.
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Obama’s Secret Police News Link  •  Police State
Obama’s Secret Police
08-02-2009  •  Justin Raimondo for LewRockwell.com 

Well, we can relax, because the bad old days of the Bush administration, when government agencies routinely spied on the antiwar movement and other dissidents, are over " right?

Wrong " very wrong.

The indispensable Amy Goodman has the scoop: The Seattle Port Militarization Resistance (SPMR) group in Washington state thought their listserv coordinator, who went by the name "John Jacob," was one of them: a dedicated antiwar activist and self-described anarchist. They trusted him, they put him in a key position, they befriended him " and then they found out that he was a government informant.

His real name: John Towery (here’s his myspace page, and here is a photo). He claimed to be a civilian employee at Washington state’s   Read Full Story
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Reported by: Ernest Hancock
I'd Rather Be a Farmer Than a Stockbroker News Link  •  Economy - Economics USA
I'd Rather Be a Farmer Than a Stockbroker
08-02-2009  •  Jim Rogers on LewRockwell.com 

Legendary global investor and chairman of Singapore- based Rogers Holdings, Jim Rogers reiterated that he sees prolonged economic problems and while he did not see much worth buying, he is not shorting any assets either.

In an interview with Bloomberg TV in Singapore, Rogers said he fails to see that there is anything “in great excess.” "I have no shorts for one of the first times in my life."

"On the other hand I don't see much to buy," he added.

Nor is Rogers a fan of shorting Treasury bonds because he believes that the Federal Reserve can steer the market for them currently.

Rogers is mostly to be seen being interviewed on business networks in Asia or Europe, since his views are to put it mildly, somewhat negative on the US Dollar and the prospec  Read Full Story
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Reported by: Ernest Hancock
75% Favor Auditing The Fed News Link  •  Federal Reserve
75% Favor Auditing The Fed
08-02-2009  •  Rasmussen Reports - LewRockwell.com 

So much for the ongoing secrecy of the nation’s independent central banking system. A new Rasmussen Reports national telephone survey finds that 75% of Americans favor auditing the Federal Reserve and making the results available to the public.

Just nine percent (9%) of adults think that’s a bad idea and oppose it. Fifteen percent (15%) aren’t sure.
Over half the members of the House now support a bill giving the Government Accounting Office, Congress’ investigative agency, the authorization to audit the books of the Federal Reserve Board.

Support for the bill has grown now that the Obama administration is proposing to give the Fed greater economic regulatory powers. The Fed which sets U.S. monetary policy was created as an independent agency to keep it free of politically-motivated  Read Full Story
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Reported by: Ernest Hancock
Military vs. Non-Military Durable Goods in Pictures News Link  •  Economy - Economics USA
Military vs. Non-Military Durable Goods in Pictures
08-02-2009  •  Michael Shedlock / Mish 
 Sometimes a chart is nearly all you need to understand the story. This is one of those times.  Read Full Story
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Reported by: Jack Gregson
Bud Burrell Feature Article  •  Economy - Economics USA
Bud Burrell "What's Wrong With This Picture" (Publisher Recommended - AUDIO)
Ernest Hancock
   Mr. Bud Burrell has extensive experience working with major brokerage firms on the trading desk and arbitrage desk with almost 30 years experience -- Industry authority, expert, Wall Street veteran. Love him or hate him, you will always know where he stands - his no-holds-barred style and frank honesty make his blogs a must read, from one of the originals. View his landmark correspondences in The Bud Files.   (Publisher: Want to understand from the inside of The Greatest Depression?)

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Shadow Inventory Hangs Over the Housing Market News Link  •  Housing
Shadow Inventory Hangs Over the Housing Market
08-02-2009  •  CalculatedRiskblog.com 
 "The number of homes listed officially on the market, while still at historically high levels, might be only the tip of the iceberg," said Stan Humphries, chief economist at real estate website Zillow.com in Seattle, Washington.  Read Full Story
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Reported by: Jack Gregson
Wall Street ripoff 2.0: High speed trading and deep, dark pools News Link  •  Corruption
Wall Street ripoff 2.0: High speed trading and deep, dark pools
08-02-2009  •  dailyfinance.com/ 
 However, many experienced Wall Street observers have offered another, darker explanation. They assert that high-speed trading platforms combined with split-second advance notice can make it very easy for sophisticated players to game the system.   Read Full Story
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Reported by: Jack Gregson
War Without End: UK in Afghanistan for decades News Link  •  WAR: About that War
War Without End: UK in Afghanistan for decades
08-02-2009  •  Independent.co.uk/news/ 
 The dismal verdict on the UK's all-round performance in Afghanistan came as Britain's most senior diplomat warned that Britain's involvement in the country will last for "decades". Sir Nigel Sheinwald, British ambassador to Washington...  Read Full Story
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Reported by: Jack Gregson
Bernanke: Why are we still listening to this guy? News Link  •  Federal Reserve
Bernanke: Why are we still listening to this guy?
08-02-2009  •  YouTube.com 
 Enjoy Ben's greatest hits.  Read Full Story
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Reported by: Jack Gregson
Get Ready for Son of Stimulus Feature Article  •  Economy - Economics USA
Get Ready for Son of Stimulus
Glenn Jacobs
   Harold Ford, Jr. (D-TN), "we may need a second stimulus."

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Deindustrialization: Shuttered factories, shattered lives in US rust belt News Link  •  Economy - Economics USA
Deindustrialization: Shuttered factories, shattered lives in US rust belt
08-02-2009  •  Rawstory.com 
 In the past ten years, Michigan has lost half its manufacturing jobs as the Detroit Three saw their share of US auto sales slide from 70 to 45 percent.  Read Full Story
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Reported by: Jack Gregson
The New York Time’s Failure of Understanding News Link  •  Criminal Justice System
The New York Time’s Failure of Understanding
08-02-2009  •  FFF / Jacob Hornberger 
If the president had chosen to treat the Lackawanna Six as enemy combatants in the global war on terrorism, then he would have had the authority to send the army to attack their position, kill them, take the survivors into military custody, whisk them away to a military dungeon, and keep them incarcerated until the end of the war. That’s the way war works!
 
Read Full Story
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Reported by: Brock Lorber
The Omnivore’s Delusion: Against the Agri-intellectuals News Link  •  Food
The Omnivore’s Delusion: Against the Agri-intellectuals
08-02-2009  •  The American / Blake Hearst 

Critics of “industrial farming” spend most of their time concerned with the processes by which food is raised. This is because the results of organic production are so, well, troublesome. With the subtraction of every “unnatural” additive, molds, fungus, and bugs increase.

Since it is difficult to sell a religion with so many readily quantifiable bad results, the trusty family farmer has to be thrown into the breach, saving the whole organic movement by his saintly presence, chewing on his straw, plodding along, at one with his environment, his community, his neighborhood. Except that some of the largest farms in the country are organic"and are giant organizations dependent upon lots of hired stoop labor doing the most backbreaking of tasks in order to save the sensitive conscience of my fellow passenger the merest whiff of pesticide contamination. They do not spend much time talking about that at the Whole Foods store.

 
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Reported by: Brock Lorber
The North Carolinian Jihadist News Link  •  TERRORISM
The North Carolinian Jihadist
08-02-2009  •  FFF / Jacob Hornberger 
[Feds] are not claiming that Boyd has committed any terrorist attacks here in the United States or has even threatened to do so. In fact, they’re not even claiming that he has ties to al-Qaeda.
 
Read Full Story
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Reported by: Brock Lorber
Karl Rove says jump...Conyers and Obama jump... News Link  •  Obama Administration
Karl Rove says jump...Conyers and Obama jump...
08-02-2009  •  atlargely.com/atlargely/ 
 For example, I am trying to understand what the "4 pages" of documents are that can only be described to Congress, but not seen by Congress? What could require such secrecy?  Read Full Story
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Reported by: Jack Gregson
Of the Criminals, by the Criminals and for the Criminals News Link  •  Constitution
Of the Criminals, by the Criminals and for the Criminals
08-02-2009  •  Prisonplanet.com/ 
 Those of us who cherish and tenaciously hang on to our human rights are now seen as “domestic terrorists” and a threat to their criminal enterprise.  Read Full Story
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Reported by: Jack Gregson
Halted ’03 Iraq Plan Illustrates U.S. Fear of Cyberwar Risk News Link  •  WAR: About that War
Halted ’03 Iraq Plan Illustrates U.S. Fear of Cyberwar Risk
08/01/2009  •  NYT 
It would have been the most far-reaching case of computer sabotage in history. In 2003, the Pentagon and American intelligence agencies made plans for a cyberattack to freeze billions of dollars in the bank accounts of Saddam Hussein and cripple his government’s financial system before the United States invaded Iraq. He would have no money for war supplies. No money to pay troops.  Read Full Story
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Reported by: Lola Flores
How Do you Spend Your Day ? (Time Analysis) News Link  •  Anthropology
How Do you Spend Your Day ? (Time Analysis)
08-02-2009  •  Ritholtz.com/blog & NYtimes 
 It is kinda weird seeing how people spend their time each day: Note that the chart shows the percentage of what EVERYONE is doing at a given money over the course of a day doing a given activity at that moment.  Read Full Story
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Reported by: Jack Gregson
Barack Obama may extend jobless aid News Link  •  Depression
Barack Obama may extend jobless aid
08/02/2009  •  Politico 
Does this mean the pork filled stimulus is not working? Wheres the Jobs? President Barack Obama’s top economic officials said in interviews aired Sunday that the administration may support an extension in unemployment benefits. Some on Capitol Hill view that as a second stimulus package, although it is unlikely to be billed that way, because of rising concern about government spending. “We’ll do what’s necessary to make appropriate unemployment benefits available,” national economic adviser Lawrence Summers said on NBC’s “Meet the Press.”  Read Full Story
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Boeing 787 Dreamliner Wing Flaw: Delay Approaching Three Years? News Link  •  Economy - Economics USA
Boeing 787 Dreamliner Wing Flaw: Delay Approaching Three Years?
08-02-2009  •  seattletimes.nwsource.com 
 The wing damage that grounded Boeing's new composite 787 Dreamliner occurred under less stress than previously reported " and is more extensive.  Read Full Story
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Reported by: Jack Gregson
CA$H FOR A CLUNKER
CONGRESS WILL PROBE AIG $$ ON MONDAY News Link  •  Bailouts
CA$H FOR A CLUNKER CONGRESS WILL PROBE AIG $$ ON MONDAY
08/02.2009  •  New York Post 
Eleven months into the massive, $182.5 billion taxpayer bailout of ailing insurance giant AIG, the company appears to be foundering in a stormy sea of bungled deals, consultants run amok and a lack of senior management. Stymied in its attempts to gain information on how taxpayer money is being spent, Congress is expected to send a team of investigators to AIG's New York offices tomorrow to begin a probe into the most costly corporate tragedy in American history. The company has failed to disclose its spending since September on more than 3,000 consultants who have produced 53.6 million pages of documents pertaining to AIG's accounting alone  Read Full Story
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Martha Ireland: Enough Happy Talk
News Link  •  Propaganda
Martha Ireland: Enough Happy Talk
08-02-2009  •  Rense.com 
 A human species that is seriously dysfunctional and in dire straits because we are simply asleep to the underlying psychopathological truths that rule the planet today and that have for centuries.  Read Full Story
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Reported by: Jack Gregson
Pentagon Planning Deployment of Troops in Support of Nationwide Vaccination Feature Article  •  Pandemic
Pentagon Planning Deployment of Troops in Support of Nationwide Vaccination
Dave Hodges
  

According to CNN, the Pentagon is “to establish regional teams of military personnel to assist civilian authorities in the event of a significant outbreak of the H1N1 virus this fall, according to Defense Department officials.”

“The proposal is awaiting final approval from Defense Secretary Robert Gates.

 

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The next great bailout: Social Security News Link  •  Bailouts
The next great bailout: Social Security
07/31/2009  •  CNN 
No wonder they want to let Grandma and Grandpa Die! Perhaps as early as this year, Social Security, at $680 billion the nation's biggest social program, will be transformed from an operation that's helped finance the rest of the government for 25 years into a cash drain that will need money from the Treasury. In other words, a bailout.  Read Full Story
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Tyler Durden: A Realistic Look At GDP News Link  •  Economy - Economics USA
Tyler Durden: A Realistic Look At GDP
08-01-2009  •  ZeroHedge.com 
 Numerous empirical studies, especially from communist block countries, demonstrate just how "effective" the government is, when it decides to get directly involved in running a substantial portion of the economy.  Read Full Story
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Reported by: Jack Gregson
Trillions in Financial Bailouts: After 2 years, the major Beneficiaries are Banks and Wall Street. W News Link  •  Crony Capitalism
Trillions in Financial Bailouts: After 2 years, the major Beneficiaries are Banks and Wall Street. W
8/01/2009  •  The War On You 
Banks, take the blue pill. Public, please take the red pill. If I had to characterize the current economic environment, it would have to consist of two completely different sets of beliefs. On one hand, you have banks and Wall Street receiving massive bailouts from the U.S. Treasury and the Federal Reserve, bailouts of the magnitude that would gear up for a Great Depression and imply that the banking system of our country is insolvent. Then on the other hand, you have Wall Street and the crony banks trying to convince the public that this is a minor recession and all will be well in Q3 and Q4 of 2009. The problem of course is that this is not your typical recession yet the public is being led to believe that all is well while bailouts are being dolled out by the truckload to the wrong locations. The actions we are taking keeps in place the banking oligarchy and sacrifices the public under the guise that this is good medicine for the general economy. Nothing proves this point bet  Read Full Story
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