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Date Sent: 2009-08-04
Freedom's Phoenix Global Edition for Tuesday, August 4, 2009 AM edition
 
Britain Puts CCTV Cameras Inside Homes -- N. Carolina Terrorists to be Tried with Secret Evidence

Obamacare numbers don't add up -- “PELOSI JOBS TAX” PAIRS UP WITH OBAMACARE -- It took 400 cops to arrest 4 sleeping men for terrorism -- Va., N.Y. Districts Vie for 9/11 Case -- More D.C. Kids Had Elevated Lead Than Stated -- Ex-President Bill Clinton heading to NKorea -- 6 economists on why Ron Paul’s Fed audit idea is wrong -- Video: Ron Paul on Cash for Clunkers -- Saving Our Brave, New World - by Butler Shaffer -- New Shotgun sure to SHOCK Your Socks Off -- Geithner Vents as Overhaul Stumbles -- Post office mulls closing hundreds of offices -- FDIC "Tells Banks" To Quit Cooking The Books! -- Rejection of NYC CAN citizen's petition by the City Clerk

 

Britain To Put CCTV Cameras Inside Private Homes News Link  •  Constitution
Britain To Put CCTV Cameras Inside Private Homes
08/03/2009  •  Wired 
Coming to America? As an ex-Brit, I’m well aware of the authorities’ love of surveillance and snooping, but even I, a pessimistic cynic, am amazed by the governments latest plan: to install Orwell’s telescreens in 20,000 homes. £400 million ($668 million) will be spend on installing and monitoring CCTV cameras in the homes of private citizens. Why? To make sure the kids are doing their homework, going to bed early and eating their vegetables. The scheme has, astonishingly, already been running in 2,000 family homes. The government’s “children’s secretary” Ed Balls is behind the plan, which is aimed at problem, antisocial families. The idea is that, if a child has a more stable home life, he or she will be less likely to stray into crime and drugs. It gets worse. The government is also maintaining a private army, incredibly not called “Thought Police”, which will “be sent round to carry out home checks,” according to the Sunday Express. And in a scheme which firmly cements the  Read Full Story
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Alleged North Carolina Terrorists to be Tried with Secret Evidence News Link  •  Bill of Rights
Alleged North Carolina Terrorists to be Tried with Secret Evidence
08-03-2009  •  InfoWars.com 
 The government filed a motion under the Classified Information Procedures Act (CIPA), which sets guidelines for the disclosure of sensitive information.   Read Full Story
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Reported by: Jack Gregson
Analysis: Some health care numbers don't add up News Link  •  Healthcare
Analysis: Some health care numbers don't add up
08-03-2009  •  AP 
Some of President Barack Obama's health care numbers don't seem to add up. And that's complicating his efforts to pass his top domestic priority.

Obama could be falling into the same trap that snagged George W. Bush when he was pushing private accounts for Social Security as part of his "ownership society" in 2005. Bush's claims that the proposal would help shore up Social Security's long-term finances were hard to document mathematically and wound up feeding greater public skepticism.

  
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Reported by: Powell Gammill
City Hall Broke Rules Funneling Money to Groups News Link  •  Corruption
City Hall Broke Rules Funneling Money to Groups
08-03-2009  •  NY Times 
For years, aides to Mayor Michael R. Bloomberg routed hundreds of thousands of dollars in city money to at least two politically connected nonprofit groups in violation of government contracting rules, according to records and interviews.
 
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Reported by: Powell Gammill
Nuclear Weapon's Refurbishing Woes Draw Congressional Attention to Treaty News Link  •  WAR: About that War
Nuclear Weapon's Refurbishing Woes Draw Congressional Attention to Treaty
08-03-2009  •  Washington Post 
The House would prohibit use of funds to reduce strategic nuclear weapons under a new treaty with Russia -- unless the president certified there were sufficient verification measures and that neither U.S. missile defense systems nor conventional offensive weapons were under limits. It would also have to be determined that the U.S. nuclear weapons programs were adequately funded.
 
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Reported by: Powell Gammill
“PELOSI JOBS TAX” PAIRS UP WITH OBAMACARE News Link  •  Healthcare
“PELOSI JOBS TAX” PAIRS UP WITH OBAMACARE
8/03/09  •  Stop Socialism Now 
Last week, the Wall Street Journal noted that the House health care bill places an 8 percent payroll tax on small businesses with payrolls of $400,000 or more that do not provide health insurance for their employees. In addition, individual workers would have to pay a 2.5-percent tax on gross income if they do not buy the health insurance the government mandates. More....  Read Full Story
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Reported by: Anonymous Watchman
It took 400 cops to arrest 4 sleeping men for terrorism News Link  •  TERRORISM
It took 400 cops to arrest 4 sleeping men for terrorism
08-03-2009  •  Washington Post 
Some 400 officers from state and national security services took part in 19 pre-dawn raids on properties in Melbourne, Australia's second largest city, police said. Four men, all Australian citizens of Somali or Lebanese descent and aged between 22 and 26, were arrested, and several others were being questioned Tuesday, police said.
 
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Reported by: Powell Gammill
More D.C. Kids Had Elevated Lead Than Stated News Link  •  Healthcare
More D.C. Kids Had Elevated Lead Than Stated
08-03-2009  •  Washington Post 
More than twice as many D.C. children as previously reported by federal and local health officials had high levels of lead in their blood amid the city's drinking water crisis, according to congressional investigators, throwing into doubt assurances by those officials that the lead in tap water did not seriously harm city children.
 
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Reported by: Powell Gammill
Va., N.Y. Districts Vie for 9/11 Case News Link  •  Criminal Justice System
Va., N.Y. Districts Vie for 9/11 Case
08-03-2009  •  Washington Post 
The U.S. attorney's offices in Alexandria and Manhattan are embroiled in intense competition over the opportunity to prosecute Khalid Sheik Mohammed, the self-proclaimed mastermind of the Sept. 11, 2001, attacks, and his co-conspirators, according to Justice Department and law enforcement sources.
 
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Reported by: Powell Gammill
Ex-President Bill Clinton heading to NKorea News Link  •  Foreign Policy
Ex-President Bill Clinton heading to NKorea
08-03-2009  •  AP 

Former U.S. President Bill Clinton is heading to North Korea for negotiations to secure the freedom of 2 detained American journalists nearly 5 months after they were seized on the China border.

Clinton is on his way to Pyongyang, the North Korean capital, where he will try to win the release of Laura Ling and Euna Lee, South Korea's Yonhap news agency reported, citing an unidentified high-level source.

  
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Reported by: Powell Gammill
6 economists on why Ron Paul’s Fed audit idea is wrong News Link  •  Economy - Economics USA
6 economists on why Ron Paul’s Fed audit idea is wrong
08-03-2009  •  James Pethokoukis 
Half dozen economists who are very concerned about Federal Reserve independence what they thought about Rep. Ron Paul’s bill to audit the Fed. This was my specific question: “Given that Congress can already grill the Fed chairman during Humphrey-Hawkins (and occasional other congressional appearances), how would a GAO really threaten Fed independence in practical terms?”

The GAO audit proposal is from Ron Paul, who has advocated abolishing the Fed and returning to the gold standard. Maybe people think that this is his foot in the door, a first step in the plan. When King Louis 16 called for a meeting of the Estates General in France, it led to a chain of events that resulted in his beheading! [how is this on subject ED]

My view is that there is a major difference between general economic questions from Congress to a Fed that isn’t open to a GAO audit and that doesn’t get its budget from Congress, versus a detailed audit b 
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Reported by: Morpheus Titania
Video: Cash for Clunkers
News Link  •  Campaign for Liberty
Video: Cash for Clunkers
8/03/09  •  Youtube 
Dr Ron Paul "Cash for Clunkers hurts the poor" Video.  Read Full Story
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Reported by: Anonymous Watchman
Saving Our Brave, New World News Link  •  Revolutions, Rebellions & Uprisings
Saving Our Brave, New World
08-03-2009  •  Butler Shaffer for LewRockwell.com 

My understanding of history, economics, and the laws of causation, have long led me to expect the present collapse of Western Civilization. I did not, however, anticipate the culture experiencing a free-fall into an awaiting black-hole. Like T.S. Eliot, I suspected Western society would end "not with a bang but a whimper." I envisioned a more gradual decline, one to which individuals could make the necessary adjustments in their lives that would lessen the impact and help to restore societal order.

The symptoms of our decline-and-fall are becoming increasingly evident even to those who, not so many years ago, regarded the outcome of an American Idol contest as the most pressing concern. A public-opinion-poll mentality substitutes for thinking in our modern world, creating a collective mindset that insists upon instantaneous answers to questions that few people are capable of asking. As the processes of causation play out the inexorable consequences  Read Full Story
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Reported by: Ernest Hancock
The Propaganda Fork Revisited Feature Article  •  Propaganda
The Propaganda Fork Revisited
Brock Lorber
   As emotions run high and the costs of communication continue to decrease, now is as good a time as any to renew familiarity with a tool to separate the wheat from the chaff. 
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GOLDMAN SACHS SCANDAL & COVER-UP News Link  •  Corruption
GOLDMAN SACHS SCANDAL & COVER-UP
08/03/2009  •  Investment Watch 
On Saturday, July 4, the nation’s Independence Day, the U. S. District Court in Manhattan convened for a bail hearing in a criminal case before a magistrate judge. During the hearing, an Assistant U. S. Attorney divulged information to the magistrate which, in an open society, would produce inch-high headlines screaming scandal. But not in the U. S. A. Three weeks later, mainstream media ignore the incident as no more than business as usual and hardly worth mentioning. Manipulative Software Codes “The incident” was revelation that Goldman Sachs has created and is using computer software secret codes capable of manipulating prices and trading in financial markets worldwide. Goldman has used the secret codes to take gains of hundreds of millions of dollars out of financial markets. Goldman’s computers may actually intercept trading data " real-time buy and sell orders in financial markets " so the secret codes can react in micro-seconds to “front-run” those orders in ways profitabl  Read Full Story
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Matt Tiabbi talks about the News Link  •  Corruption
Matt Tiabbi talks about the "vampire squid" Goldman Sachs
08-03-2009  •  TheMessThatGreenspanMade.blogspot.com/ 
 "Goldman kind of occupies a sort of grey area between public and private that no company maybe in American history since Standard Oil really, they have an enormous amount of influence with government"...  Read Full Story
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Reported by: Jack Gregson
New Shotgun sure to SHOCK Your Socks Off Feature Article  •  Military
New Shotgun sure to SHOCK Your Socks Off
Andrew Strmic
   XREP Wireless Taser Shotgun This new Electroshock torture weapon will be sure to come to a check point near you.  A heart stopping 20 seconds high voltage pain compliance with a range of 65 feet with a fire rate only limited to how fast one can pull his trigger finger. 
 

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Air Force Vet Breaks Silence on What Hit Pentagon on 9-11 News Link  •  911 / World Trade Center
Air Force Vet Breaks Silence on What Hit Pentagon on 9-11
08-03-2009  •  James P. Tucker, Jr. 
A veteran Air Force mechanic called to help clean up the Sept. 11, 2001 explosion at the Pentagon says the U.S. government’s blaming a plane for the damage makes no sense. The evidence was staged, he said.

He agreed to a face-to-face interview with AFP on condition he not be identified for obvious reasons: the Air Force would punish him severely (the same military harshness that gagged survivors of the 1967 USS Liberty attack for many years).

The airman, a tech sergeant, is richly experienced in hazardous waste cleanup, having been deployed twice to Afghanistan in the first Persian Gulf war under President Bush the Elder and, later, under George the Younger. He has 17 years of Air Force service.

The scene at the Pentagon “doesn’t look right,” the airman said. “There was only a piece of engine and sections of landing gear on the ground. It was like they were placed there. Where were the wings? Tail section? We expected to find a lot of deb 
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Reported by: Morpheus Titania
PennyMac IPO brings back subprime memories
Commentary: New era looks a lot like the old News Link  •  Crony Capitalism
PennyMac IPO brings back subprime memories Commentary: New era looks a lot like the old
08/04/2009  •  Market Watch 
Call it another sign that fear is out, greed is back, and we have entered the new post-crisis era. Subprime Stan is back on Wall Street, after less than three years away. Stanford "Stan" Kurland, the Countrywide Finance executive who pocketed more than $140 million at the expense of outside investors at the height of the subprime mania, has raised about $300 million from fresh investors for his latest venture -- trying to profit from the crisis. His PennyMac Mortgage Investment Trust (PMT) made its stock-market debut last week The name of the game: Distressed mortgages, particularly the kind of troubled subprime loans that Countrywide used to make.  Read Full Story
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The Goat Who Took on the Fed News Link  •  Currencies
The Goat Who Took on the Fed
08/03/2009  •  Market Watch 
WSJ's Andy Jordan spends time in the Berkshires to see how locals make the case for "slow money" with their own local currency, "The Berkshare".  Read Full Story
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Birther leader Orly Taitz implodes on MSNBC Feature Article  •  Obama Administration
Birther leader Orly Taitz implodes on MSNBC
Morpheus Titania
   But it keeps growing. Like a mutation. In fact, it went into overdrive this weekend with the release of a supposedly newly found alleged bith certificate showing President Obama’s birthplace to be Mombasa, Kenya.   So what might be that illustrious tipping point today? An inside job. An implosion. A self-cratering. Whatever you want to call it, it wasn’t pretty. But, strangely, you can’t look away. The circus began when Orly Taitz, a longtime chieftain of the birther posse (and a dentist), appeared with MSNBC host David Shuster this afternoon to discuss the document.   Shuster, who is no friend to the right, was actually pretty gentle with his guest seeming to be aware that he really didn’t need to do much " at all " to precipitate the train wreck. It was like he was a super-gifted weatherman who accurately predicted a 100 percent chance of meltdown. 
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Utopia versus freedom News Link  •  Constitution
Utopia versus freedom
08/04/2009  •  Jewish World Review 
"Eternal vigilance is the price of freedom." We have heard that many times. What is also the price of freedom is the toleration of imperfections. If everything that is wrong with the world becomes a reason to turn more power over to some political savior, then freedom is going to erode away, while we are mindlessly repeating the catchwords of the hour, whether "change," "universal health care" or "social justice." If we can be so easily stampeded by rhetoric that neither the public nor the Congress can be bothered to read, much less analyze, bills making massive changes in medical care, then do not be surprised when life and death decisions about you or your family are taken out of your hands " and out of the hands of your doctor " and transferred to bureaucrats in Washington. Let's go back to square one. The universe was not made to our specifications. Nor were human beings. So there is nothing surprising in the fact that we are dissat  Read Full Story
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Geithner Vents as Overhaul Stumbles News Link  •  Crony Capitalism
Geithner Vents as Overhaul Stumbles
08/04/2009  •  WSJ 
I guess this kind of behavior it is to be expected from the do as I say not what I do no class trash in government. Smoke and mirrors anyway since the so called regulations of Obama's Economic Regulations Are Like a Law Which Makes Arson Illegal, But Exempts Convicted Arsonists. Treasury Secretary Timothy Geithner blasted top U.S. financial regulators in an expletive-laced critique last Friday as frustration grows over the Obama administration's faltering plan to overhaul U.S. financial regulation, according to people familiar with the meeting. The proposed regulatory revamp is one of President Barack Obama's top domestic priorities. But since it was unveiled in June, the plan has been criticized by the financial-services industry, as well as by financial regulators wary of encroachment on their turf.  Read Full Story
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Post office mulls closing hundreds of offices News Link  •  Government
Post office mulls closing hundreds of offices
08-03-2009  •  www.msnbc.msn.com/ 
Postal agency is facing a nearly $7 billion potential loss, spite of a 2-cent increase in the price of stamps.  A pillar of U.S. communities since the nation’s founding, the post office is facing the prospect of closings or consolidation of services at hundreds of locations amid a sharp decline in business due to e-mail.

Post officials sent a list of nearly 700 potential candidates for closing or consolidation to the independent Postal Regulatory Commission for review.

Some of the offices could be closed while others could have some of their functions consolidated with other offices. For example, in some cases preparing mail for delivery may be shifted from Office A to nearby Office B, but the first office might still offer such services as selling stamps and mailing parcels and letters. In other cases one of the offices might be closed.

Postal Vice Pre  Read Full Story
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Reported by: Morpheus Titania
Saudi inventor creates killer microchip News Link  •  Techno Gadgets
Saudi inventor creates killer microchip
08-03-2009  •  foxnews 
all right this next story may sound like something out of a Hollywood thriller. Saudi GPS device also has a lethal dose of cyanide which can be activated. And anytime you get my point. The inventors bid for a patent has been rejected in Germany joining us now the smoking did talk about his -- deputy editor of popular science okay that this is pretty much Cobb. Pretty sinister and nefarious. How exactly would this work."

" Well there's a category of technology that involves GPS tracking systems being shrunk down to the -- for you could actually implanted surgically and we've seen a number of applications for this. This is without question the most sinister version of it that I've certainly heard of you know and and the notion of tracking criminals is not -- but the notion of killing them remote

 
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Reported by: Morpheus Titania
Boehner Ad: Obama Isn't A Doctor, But He Plays One On TV News Link  •  Obama Administration
Boehner Ad: Obama Isn't A Doctor, But He Plays One On TV
8/03/09  •  Real Clear Politics 
See video: From the YouTube description: "Like the old joke goes, President Obama isn't a doctor, but he plays one on TV -- giving Americans a discomforting glimpse of life under ObamaCare, with government leaders and bureaucrats dispensing medical opinions that are better left to doctors, medical professionals, and patients," said House Republican Leader John Boehner (R-OH).  Read Full Story
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Reported by: Anonymous Watchman
As Immigrants Move In, Americans Move Up News Link  •  Immigration
As Immigrants Move In, Americans Move Up
08-03-2009  •  Free Trade Bulletin 
The addition of low-skilled immigrants expands the economy, creating openings in higher-paid occupations such as managers, skilled craftsmen, and accountants. Immigration of low-skilled workers motivates Americans, who might otherwise languish in the underclass, to acquire education and skills so they are not competing directly with foreign-born workers.
 
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Reported by: Brock Lorber
Re-validation filed with NY Supreme Court, after rejection of NYC CAN petition by the City Clerk Feature Article  •  911 / World Trade Center
Re-validation filed with NY Supreme Court, after rejection of NYC CAN petition by the City Clerk
Morpheus Titania
   The NYC CAN petition was rejected by the City Clerk on Friday, July 24th, a week ago, certifying less than the minimum of 30,000 qualified signatures of electors. This benchmark, according to the Clerk's office was not met. A 'qualified elector' is a registered New York City voter who was eligible to vote in the last election. According to the letter sent by the Clerk to the City Council, the NY Board of Elections validated 26,003 signatures and invalidated 24,664, leaving 1,333 that were not certified. At a hearing scheduled for Monday, August 3rd, before a Supreme Court Justice, the plaintiffs, representing tens of thousands of concerned New Yorkers who support a new 9/11 investigation, will formally raise their request for an independent review of the Board of Elections findings. If granted by the presiding Justice, a re-validation of the petition signatures by an independent special referee will follow. 

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FDIC News Link  •  Corruption
FDIC "Tells Banks" To Quit Cooking The Books!
08-03-2009  •  Market-ticker.denninger.net 
 Yes, I know, you have a potential $500 billion credit line from Treasury, but that line isn't funded and in order to do so Turbo Tax Timmy would have to go auction off another $500 billion in Treasuries, and there might be a tiny problem...   Read Full Story
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Reported by: Jack Gregson
The Free Market and its Enemies Feature Article  •  Economy - Economics USA
The Free Market and its Enemies
Morpheus Titania
   “The increase of social wealth is not accompanied by a diminished number of capitalist magnates, but by an increasing number of capitalists of all degrees.”  Eduard Bernstein “The interventionist policy [big government] provides thousands and thousands of people with safe, placid and not too strenuous jobs at the expense of the rest of society.”  Ludwig Von Mises “There is a profound contrast between the effect of foreign aid and of voluntary private investment: Foreign aid goes form government to government.  It is therefore almost inevitably statist and socialistic.”  Henry Hazlitt   
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Controlling E. coli in hamburger requires “meat ID” not animal ID News Link  •  Food
Controlling E. coli in hamburger requires “meat ID” not animal ID
08-03-2009  •  Farm Wars 
In the case of E. coli in beef, there is nothing that cattlemen can or cannot do that will materially affect the probability of E. coli showing up in your hamburger.  Read Full Story
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Reported by: Barbara Peterson
Markit Credit-Swap Services Said to Be Part of Antitrust Probe News Link  •  Economy - Economics USA
Markit Credit-Swap Services Said to Be Part of Antitrust Probe
08/03/2009  •  Bloomberg 
Markit Group Ltd., the data provider majority-owned by Wall Street’s largest banks, is under Justice Department scrutiny for potential anticompetitive practices ranging from requiring customers to buy bundled services to restricting which trades can be cleared in the $26 trillion credit-default swap market. The Justice Department said July 15 it was investigating users of credit-default swaps as U.S. lawmakers seek to regulate the $592 trillion over-the-counter derivatives market, which helped worsen the biggest financial calamity since the Great Depression. Trading in OTC contracts provides as much as 40 percent of profits for Goldman Sachs Group Inc. and Morgan Stanley, according to research firm CreditSights Inc. “Markit has been informed of an investigation by the Department of Justice into the credit-derivatives and related markets,” spokeswoman Teresa Chick said July 13 in an e-mailed statement in response to questions from Bloomberg News. Chick declined to comment last wee  Read Full Story
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Process server fired over unserved tickets; 1,000 photo enforcement cases reviewed News Link  •  Government
Process server fired over unserved tickets; 1,000 photo enforcement cases reviewed
01/22/2009  •  Carli Brosseau, Tucson Citizen 
Michael Dimenstein, an employee of Hawkins and E-Z Messenger Legal Support Providers, filed false affidavits of service in about 1,000 photo traffic enforcement cases with the Tucson City Court. Although the Dimenstein was terminated, Hawkins and E-Z Messenger is still contracted with Redflex, American Traffic Solutions, the Arizona Attorney General’s Office, and several municipal governments. The contract with Hawkins and E-Z Messenger is that American Traffic Solutions only pays when the serve is successful. Hmmmm…so I wonder how often this happens.  Read Full Story
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Reported by: Michele Power
GDP Report Offers Positive Headline, But Negative Details News Link  •  Economy - Economics USA
GDP Report Offers Positive Headline, But Negative Details
08/03/2009  •  Seeking Alpha 
Friday’s GDP release was a sight for sore eyes. After experiencing sharp declines in the US economy for three consecutive quarters, the data for Q2 showed a decline of only 1% compared to the 1.5% that analysts were expecting. The news was enough to cause a number of economists to increase their forecasts regarding the “economic recovery” and was helpful in pushing stocks higher throughout most of the trading day. A 1% drop is significantly better than the 6.4% drop we had in the first quarter right? Actually, the answer is NO! A drop is still a drop. Consider the fact that we had the worst decline in 27 years for the first quarter, and that in the second quarter we were still declining. It’s tough to find a silver lining with this dark cloud, but that doesn’t keep analysts from spinning it in order to attempt to prop up the equity markets. As Mark Twain so eloquently said, “There are three kinds of lies: lies, damned lies and statistics.” The point is that you can make statistics i  Read Full Story
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China's Growth: Far Less than Meets the Eye News Link  •  China
China's Growth: Far Less than Meets the Eye
08/03/2009  •  Seeking Alpha 
For those who, like me, are skeptical of the solidity of China’s economic growth and the basis for the commodity rally, this article is for you: Copper’s 76 percent rally this year may soon end on signs that China has stockpiled more than it can use in new homes, cars and appliances. Inventories monitored by the London Metal Exchange posted their first back-to-back weekly gains since February, increasing 8.3 percent from an eight-month low. Sumitomo Metal Mining Co., Japan’s second-largest smelter, said Chinese imports are slowing after record purchases boosted domestic supplies, and U.S. copper-scrap exporters report shipments to Asia are dropping.  Read Full Story
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Politicians Face Angry Mobs Over Healthcare (VIDEO) News Link  •  Healthcare
Politicians Face Angry Mobs Over Healthcare (VIDEO)
08/03/2009  •  The Business Insider 
It's August, so it's time for Politicians to get outside the beltway and press the flesh with the real people back at home. Ick. Who wants to do that? When they're not facing the wrath of insane "birthers" (and they are insane), pols on both sides of the aisle are being greeted by unruly crowds angry about proposed healthcare legislation. Here's Austin, TX Congressman Lloyd Doggett here's Arlen Specter getting a bronx cheer after suggesting that healthcare reform had to be done "fast." Videos at site  Read Full Story
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News Link  •  Obama Administration
Why the Founding Fathers Were “Birthers” by J. B. Williams
08-03-2009  •  Canada Free Press 
As his father was not a US citizen, but rather a citizen of Kenya, Obama inherited by birthright, natural law, his fathers name and citizenship. He is NOT a “natural born citizen” of the US, no matter where he was born.  Read Full Story
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Reported by: Ed Vallejo
Mortgage-Bond Rally May Sputter on Housing Reality News Link  •  Housing
Mortgage-Bond Rally May Sputter on Housing Reality
08-03-2009  •  Bloomberg.com 
 Data reflecting a reversal of the seasonal benefit, as well as “a tide of new foreclosure sales” as a bank moratorium on the seizing of homes subsides, will lead to “renewed weakness” in the fall...  Read Full Story
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Reported by: Jack Gregson
Federal Government Experiences Biggest Revenue Drop Since 1932 News Link  •  Economy - Economics USA
Federal Government Experiences Biggest Revenue Drop Since 1932
08-03-2009  •  google.com/hostednews/ap/ 
 Other figures in an Associated Press analysis underscore the recession's impact: Individual income tax receipts are down 22 percent from a year ago. Corporate income taxes are down 57 percent.   Read Full Story
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Reported by: Jack Gregson
The War Against Specie Money & How we can Win it at Face Value News Link  •  Economy - Economics USA
The War Against Specie Money & How we can Win it at Face Value
08-03-2009  •  Franklin Sanders 

Usually I don't talk about this. About all I can do is watch events, recognize, identify, and bite my tongue.  Right now a war is raging, a war over 100 years old, a war to suppress specie (gold and silver) money and replace it with bank money.

It's easy to write off someone like me as a monetary crank. After all, the federal government was after him and there was a long trial and he was acquitted, but you know, where there's smoke, there's fire. And then there was a state trial, and he was convicted. Besides, doesn't he know the economy and finance have progressed so much that they've outgrown silver and gold?

Unless you have ever been the victim of a US government persecution (sic -- I did not write prosecution), you cannot even dimly appreciate the bloodthirsty viciousness of the US criminal justice system and its thugs. They identify a victim,  Read Full Story
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Reported by: Morpheus Titania
Breaking News!  TARP Fraud Downtown building raided - by FBI News Link  •  Corruption
Breaking News! TARP Fraud Downtown building raided - by FBI
08/03/2009  •  Fox 
FBI agents from the Washington, D.C. field office have raided a building in downtown Orlando. Federal and local law enforcement surrounded the Colonial Bank building on East Pine Street in Orlando just before noon. The FBI is working with the Office of the Special Inspector General for the Troubled Asset Relief Program which was established by the Emergency Economic Stabilization Act of 2008.  Read Full Story
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Reported by:
Healthcare Plan Gives Gov't Acess To Your Bank Accounts!! News Link  •  Healthcare
Healthcare Plan Gives Gov't Acess To Your Bank Accounts!!
08-03-2009  •  www.economicpolicyjournal.com 
 It is too expansive for many to read, but there are people out there who ARE reading it. And after reading it, if you ever got your hands on anyone associated with this slime, you would never stop slapping them.   Our friend, Peter Fleckstein, shares with us what he is finding,....  Read Full Story
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Reported by: Chip Saunders
Healthcare Plan Based on Economic Fantasy - by U.S. Rep. Ron Paul, M.D. Feature Article  •  Healthcare Industry
Healthcare Plan Based on Economic Fantasy - by U.S. Rep. Ron Paul, M.D.
Powell Gammill
   As the healthcare debate rages on, there is one reality that even the proponents of this hostile takeover of healthcare by government cannot ignore " and that is money.  The government simply does not have the money for a new, expansive, public healthcare plan.  The country is in a deep recession that will deepen even further with the coming collapse of the commercial real estate market.  The last thing we need is for government to increase and expand taxes to pay for another damaging, wasteful program.  Foreigners are becoming less enthusiastic about buying our debt, and creating another open-ended   
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End the Fed? A not-so-crazy idea News Link  •  Federal Reserve
End the Fed? A not-so-crazy idea
08/03/2009  •  Christian Science Monitor 
Congressman Ron Paul's bill may never pass, but history suggests the US economy would be better off without the Federal Reserve Since it was introduced in February, Representative Ron Paul's "Audit the Fed" bill (H.R. 1207) has gained 282 congressional cosponsors. If adopted, the bill would allow the Government Accountability Office to review, not only the Federal Reserve's balance sheet, but its recent monetary policy deliberations and transactions. Fed Chairman Ben Bernanke opposes the plan, saying it would undermine the Fed's hallowed independence. But Mr. Paul, a noted libertarian who ran for president last year, also wants to keep the Fed out of Congress's clutches " by scrapping it altogether. That's the goal of his follow-up Federal Reserve Board Abolition Act (H.R. 833). Although that measure has yet to gain a single cosponsor, it has plenty of grass-roots support, and Paul hopes that members of Congress will jump on the bandwagon once t  Read Full Story
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Reported by:
Drake tells Congress “No” to ObamaCare News Link  •  Healthcare Industry
Drake tells Congress “No” to ObamaCare
08-03-2009  State Representative Brad Drake signed onto an official letter from the American Legislative Exchange Council (ALEC) to Congressional leaders, which was delivered on July 29, expressing the will of more than 1,800 state legislators opposing federal reform efforts"particularly, the Medicare-modeled “public plan” and a national health insurance exchange"which will trample states’ rights and lead Americans down the road to single-payer health care.   Read Full Story
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Reported by: Dave Hodges
Tenn. Republican Sen. Paul Stanley has affair with intern, resigns News Link  •  Government
Tenn. Republican Sen. Paul Stanley has affair with intern, resigns
08-13-09  •  AP 
NASHVILLE, Tenn. " The Tennessee state senator said he was opposed to sex outside marriage, but his private life told a different story: He was having an affair with his 22-year-old intern.  Read Full Story
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Reported by: Melinda Carey
Warning: Oil supplies are running out fast News Link  •  World News
Warning: Oil supplies are running out fast
08/03/2009  •  By Steve Connor, Science Editor, The Independent 
The world is heading for a catastrophic energy crunch that could cripple a global economic recovery because most of the major oil fields in the world have passed their peak production, a leading energy economist has warned. Higher oil prices brought on by a rapid increase in demand and a stagnation, or even decline, in supply could blow any recovery off course, said Dr Fatih Birol, the chief economist at the respected International Energy Agency (IEA) in Paris, which is charged with the task of assessing future energy supplies by OECD countries.  Read Full Story
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Reported by: Lauren Roseman
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