Freedoms Phoenix - News and Politics - Newsletter Archives 
Freedom's Phoenix – "Uncovering the Secrets and Exposing the Lies"

REAL TIME SPOT PRICES

Bitcoin Average: $5663.63 Gold: $1290.37 Change: $(4.73) Silver: $17.16 Change: $(0.08)
 

Freedom's Phoenix
Newspaper

 
 
Contribute Bitcoin to
Freedom's Phoenix



Contribute Funding by
PayPal or Credit Card

 
Sign-up for FREE
Daily Newsletter
Log-In

See Complete Menu

Special Editions
Translate Page
RSS Feeds
 


Declare Your
Independence

with Ernest Hancock

 
Log-In
Front Page
Page Two
 
 

Freedom's Phoenix
Online Magazine

 
Freedom Forum
Letters to the Editor
Report The News
 

Anarchives:

 

 

Search by Keyword

    Contents by Subject
    Radio/TV Shows
    Feature Articles
    Opinion Columns
    News Stories
    Newsletters List
    Reference Links
 
 

http://www.badquaker.com/
 
Stop Wars T-shirts at The Bitcoin Store
 
OpenBazaar Hosting by Agorist Hosting
 
GoldMoney

ARCHIVED  NEWSLETTER

Sign up to receive the Freedom's Phoenix Headlines by Email.

HELP FUND FREEDOM'S PHOENIX!
Make a one-time or periodic contribution.
Use your credit card or PayPal account.

Join us on our
Social Networks

Share this page with your friends
on your favorite social network:

   
Date Sent: 2009-08-04
Freedom's Phoenix Global Edition for Tuesday, August 4, 2009 PM edition
 
Sen. Gregg: 'We're going to be like a banana republic in 10 years' -- G.M. to Lay Off Thousands

Peter Schiff On The Phony US Economy -- Homeland Secretary Napolitano predicts severe flu epidemic for fall -- Personal Bankruptcy Filings up 34% -- Recovery 'not in sight' says BMW: Profits Off 75% -- A Modern-Day Daniel - by Chuck Baldwin -- Venezuela Seizes Coffee Companies -- Denninger: How To (Unlawfully?) Blow A Market Bubble -- Goldman Sachs admits its software manipulates economy!!! -- Corrupt Prosecutor Seeks to Strike Deal With Sergey Aleynikov -- Mish: Recession? What recession? This is a depression. -- ABC's John Stossel on National Healthcare -- China's US Dollar Exit - An Instruction Manual -- Geithner Bullies Financial Regulators to Accept Fed as Top Dog -- Andy Xie: China Has Become A Giant Ponzi Scheme -- The Real Economy Versus the Make-Believe World of the Government and Financial Giants -- Redflex Camera Attacked on AZ-51

 

Gregg: 'We're going to be like a banana republic in 10 years' News Link  •  Economy - Economics USA
Gregg: 'We're going to be like a banana republic in 10 years'
08/04/2009  •  The Hill 
The U.S. will resemble a "banana republic" in 10 years if its fiscal situation stays on the same track, Sen. Judd Gregg (R-N.H.) warned Tuesday. Gregg, the ranking member of the Senate Budget Committee, asserted that programs like "cash for clunkers" would pile up to as much as 80 percent of the total U.S. economic output because of federal spending. "We're going to be like a banana republic in 10 years!" Gregg said during a panel discussion on CNBC. "Sure, Americans want the program. But if you stop and think about it, is it right to do for our children?"  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by:
After 6,000 Take Buyouts, G.M. to Lay Off Thousands News Link  •  Economy - Economics USA
After 6,000 Take Buyouts, G.M. to Lay Off Thousands
08-04-2009  •  NYtimes.com 
 G.M. said Monday that about 6,000 hourly workers had left as of Saturday. That means the company still has about 48,000 hourly workers, which is 7,500 more than its year-end goal of 40,500.  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Jack Gregson
Radio/TV Show  •  Declare Your Independence with Ernest Hancock - Radio
Host: Ernest Hancock
"Declare Your Independence with Ernest Hancock" - August 4th 2009
   Hour 1 & 2 - Sheriff Richard Mack  - www.usa1911.com / www.sheriffmack.com
Make a Comment  •  Email this Radio/TV Show  •  Send Letter to Editor
Obama administration withholds data on program News Link  •  Obama Administration
Obama administration withholds data on program
08/04/2009  •  Breitbart 
Transparency Not Gonna Happen! The Obama administration is refusing to release government records on its "cash-for-clunkers" rebate program that would substantiate"or undercut"White House claims of the program's success, even as the president presses the Senate for a quick vote for $2 billion to boost car sales. Transportation Secretary Ray LaHood said Sunday the government would release electronic records about the program, and President Barack Obama has pledged greater transparency for his administration. But the Transportation Department, which has collected details about 157,000 rebate requests, won't release sales data that dealers provided showing how much U.S. car manufacturers are benefiting from the $1 billion initially pumped into the program.  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by:
Police Beat Women Opposing Sudan Dress Code Trial News Link  •  World News
Police Beat Women Opposing Sudan Dress Code Trial
08-04-2009  •  AP 
Sudanese police fired tear gas and beat women protesting outside a Sudanese court during the trial of a female journalist accused of violating the Islamic dress code by wearing trousers in public.Police moved in swiftly and dispersed about 50 protesters, mostly women, who were supporting Lubna Hussein, a former U.N. worker facing 40 lashes on the charge of ''indecent dressing.'' Some of the women demonstrators wore trousers in solidarity with Hussein while others wore more traditional dress.
 
Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Powell Gammill
One Time Rebel, TiVo, Goes Over To The Dark Side News Link  •  Technology: Computer Hardware
One Time Rebel, TiVo, Goes Over To The Dark Side
08-04-2009  •  www.tech.yahoo.com 
 TiVo, the creator of the digital video recorder that panicked the TV business by making it simple to skip ads, now flashes banners on TV screens when users pause, fast-forward or delete shows.

Viewers who paused "The Biggest Loser" TV show saw an ad saying "Jenny Craig says you've got more to lose!" If you used TiVo to pause "Iron Chef America" on the Food Network, this popped up: "Sub-Zero: Every cook deserves the best!"

"We were once a foe of the networks, now we've become a friend," said Tara Maitra, TiVo's general manager of content services and ad sales. "We're working with the industry ... to get users to engage in a world increasingly equipped to fast-forward through commercials."   Dave Zatz, a 37-year-old network engineer in Herndon, Va., isn't happy about it because he bought a TiVo digital video recorder and pays a subscription to skip ads.

"It's obnoxious,&qu  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor

Reported by: Chip Saunders
Who Will Probe The U.N.-Vatican Connection? News Link  •  New World Order
Who Will Probe The U.N.-Vatican Connection?
08/04/2009  •  AIM 
The U.N. has been rocked by scandals involving U.N. "peace-keepers" who sexually abuse women and children, the failure to protect populations in danger of genocide, and financial corruption. It is an anti-American institution founded by a Soviet spy that is currently headed by a Communist Catholic Priest, U.N. General Assembly President Miguel D'Escoto, who recently gave a speech at a U.N. financial conference on the need to protect "Mother Earth." So when the leader of 1.2 billion Catholics endorsed a "World Political Authority" in his encyclical "Caritas in Veritate," it was big news that could only be understood in the context of the growing power and influence of the U.N. The timing was also significant. The Papal statement was issued just before a meeting of the G-8 nations, including Russia, China and the U.S., and before Pope Benedict XVI's meeting with President Barack Obama.  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by:
Peter Schiff On The Phony US Economy News Link  •  Economy - Economics USA
Peter Schiff On The Phony US Economy
08-04-2009  •  ZeroHedge.com 
 Our phony economy is being propped up by the stimulus and artificially low interest rates, and all of that has to come to an end if we want to stop the dollar from collapsing."  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Jack Gregson
Homeland Secretary Napolitano predicts severe flu epidemic for fall News Link  •  Science, Medicine and Technology
Homeland Secretary Napolitano predicts severe flu epidemic for fall
08-04-2009  •  usatoday.com/news/ 
 The government has ordered 195 million doses of swine flu vaccine from five manufacturers, along with immune boosters called adjuvants that may be needed to ramp up the vaccine's potency.  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Jack Gregson
Personal Bankruptcy Filings up 34.3 Percent compared to July 2008 News Link  •  Economy - Economics USA
Personal Bankruptcy Filings up 34.3 Percent compared to July 2008
08-04-2009  •  CalculatedRiskblog.com 
 "Rising unemployment on top of high pre-existing debt burdens is a formula for higher bankruptcies through the end of this year."  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Jack Gregson
Recovery 'not in sight' says BMW: Profits Off 75 Percent
News Link  •  Economy - International
Recovery 'not in sight' says BMW: Profits Off 75 Percent
08-04-2009  •  news.BBC.co.uk 
 Carmaker BMW has said it sees few signs of a lasting economic recovery after it reported profits down by three-quarters for the April to June period.  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Jack Gregson
Foreclosures “stabilizing”, or just clogging the drain? News Link  •  Housing
Foreclosures “stabilizing”, or just clogging the drain?
08-04-2009  •  HousingDoom.com 
 If the banks foreclose and sell the property then the sale price becomes the indisputable mark to market on that paper, and avoiding that mark is absolutely critical or these banks would be forced to recognize their own insolvency.  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Jack Gregson
Personal Income Drops, Personal Saving Rate Slides From 6.2% To 4.6% News Link  •  Economy - Economics USA
Personal Income Drops, Personal Saving Rate Slides From 6.2% To 4.6%
08-04-2009  •  ZeroHedge.com 
 Unless the Ponzi can be maintained in perpetuity, when the house of cards falls, the double whammy from savings increase will have a dramatic adverse impact on the economy.   Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Jack Gregson
Antidepressant use doubles in US, study finds News Link  •  Science, Medicine and Technology
Antidepressant use doubles in US, study finds
08-04-2009  •  Alternet.org 
 Use doubles from 13 million to 27 million Americans  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Jack Gregson
F.A. Hayek and the Fatal Conceit of Barack Obama News Link  •  Obama Administration
F.A. Hayek and the Fatal Conceit of Barack Obama
08-04-2009  •  timesdispatch.com/ 
 Obama's reliance on experts and czars and top-down restructuring is particularly ironic in light of his promises of change and bringing the spirit of 21st century technology to government.  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Jack Gregson
Unemployment Rates By State News Link  •  Economy - Economics USA
Unemployment Rates By State
08-04-2009  •  Ritholtz.com/blog/ 
 Unemployment rates by state, seasonally adjusted, June 2009.  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Jack Gregson
The Ultimate Sucker’s Rally: 50 Percent Stock Market Rally in 5 Months News Link  •  Corruption
The Ultimate Sucker’s Rally: 50 Percent Stock Market Rally in 5 Months
08-04-2009  •  Mybudget360.com/ 
 It would be one thing if earnings were flying off the charts and stocks looked cheap. That is not the case. Make no mistake. This is a hope filled rallied not guided by the fundamentals.  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Jack Gregson
GMAC Financial posts wider 2Q loss of $3.9 billion News Link  •  Economy - Economics USA
GMAC Financial posts wider 2Q loss of $3.9 billion
08-04-2009  •  finance.yahoo.com/news/ 
 GMAC Inc., said Tuesday it posted a wider second-quarter loss of $3.9 billion as it shifted from being primarily an auto and mortgage loan company to an online, retail bank. In the year-ago period, the company posted a loss of $2.48 billion.   Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Jack Gregson
Denninger: How To (Unlawfully?) Blow A Market Bubble News Link  •  Corruption
Denninger: How To (Unlawfully?) Blow A Market Bubble
08-04-2009  •  Market-Ticker.Denninger.net/ 
 By engineering a 50% rally off the bottom in March while revenues continue to tank, personal income is in the toilet and tax receipts are in freefall they have exposed the equity markets for what they have turned into - a computer-trading rigged casino   Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Jack Gregson
A Modern-Day Daniel Opinion  •  Philosophy: Political
Food For Thought
A Modern-Day Daniel
08-04-2009
Chuck Baldwin
   The Biblical story of Daniel in the lion's den is one of the more famous stories of the Old Testament. In the story, Daniel is commanded to not pray by a decree from King Darius.

Make a Comment   •   Email this Column   •   Send Letter to Editor
Dubai Real Estate Down 50% From Peak News Link  •  Economy - International
Dubai Real Estate Down 50% From Peak
08-04-2009  •  online.wsj.com/ 
 Home values in Dubai have fallen by about half from their peak late last year in the wake of the global real-estate slowdown, a widely watched index of Dubai property prices showed Monday  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Jack Gregson
SEC Memo says Guaranty Bank to be Seized, not Sold News Link  •  Economy - Economics USA
SEC Memo says Guaranty Bank to be Seized, not Sold
08-04-2009  •  goingconcern.com/ 
 The seizure by the FDIC will hit the regulator’s budget to the tune of at least $5.3 bil according to sources within the OTS. This, on top of what’s going on with Colonial bank failing, should wipe out what’s left of the FDIC’s budget  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Jack Gregson
TARP profit claim bugs skeptics
The Treasury Department's bank investments are paying dividends News Link  •  Bailouts
TARP profit claim bugs skeptics The Treasury Department's bank investments are paying dividends
08/04/2009  •  CNN 
The markets are on a roll, but it's still a tad early for Treasury Secretary Tim Geithner to be counting his bailout winnings. Geithner said this past weekend that taxpayers have made a small profit on their investments in banks via the Troubled Asset Relief Program. "We've already earned about $6 billion for the taxpayer on those investments," Geithner said Sunday on ABC's "This Week." Pollock said it's impossible to assess the profitability of TARP without a robust and systematic accounting of the program's costs, including interest expense and overhead. Others have reached similar conclusions. Gary Engel, director of financial management and assurance at the Government Accountability Office, was asked at a hearing last month whether he views the stream of dividends into Treasury as a profit for taxpayers. "Not at this point," he said  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by:
Will Acute Distress in the Baltics Blow Back to Europe? News Link  •  Economy - International
Will Acute Distress in the Baltics Blow Back to Europe?
08-04-2009  •  NakedCapitalism.com 
 The open question is how fragile are Europe's banks now? They ran on even lower equity levels than US banks, ate a lot of bad US paper, and depend on national regimes for backstops. In the Netherlands, Switzerland, and Germany, the banking sectors are too large for their governments to credibly back them up  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Jack Gregson
TARP bailout money we can kiss goodbye News Link  •  Bailouts
TARP bailout money we can kiss goodbye
08/04/2009  •  CNN 
One of the things they teach in Successful Investing 101 is to cut your losses short and let your winnings run. But when it comes to the Troubled Assets Relief Program, the government is stuck doing the opposite. Its gains are being cut short, because its most profitable investments are being closed out, yet its losses will continue running. The big gains come from stock-purchase warrants that Congress insisted the Treasury get as part of the $244 billion of TARP loans it made to 662 banks and bank holding companies. Warrants, which give holders the right (but not the obligation) to purchase stock at a fixed price for a fixed period, are designed to offer taxpayers a chance to make some serious money if the stock prices of the bailed-out banks rise.  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by:
Keeping It Real: This Recession Ain't Over by a Long Shot News Link  •  Economy - Economics USA
Keeping It Real: This Recession Ain't Over by a Long Shot
08-04-2009  •  AfterDowningStreet.org 
 The “happy talk” campaign in the US media and coming from the White House is just that: Happy Talk.  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Jack Gregson
Venezuela Seizes Coffee Companies News Link  •  Food
Venezuela Seizes Coffee Companies
08-04-2009  •  BBC 
"If at the end of the audit, we can show there has been smuggling, hoarding, disloyal and monopolistic practices, we could consider nationalising the companies." [Hugo, you have officially gone too far]
 
Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Brock Lorber
Goldman Sachs admits its software manipulates economy!!! News Link  •  Obama Administration
Goldman Sachs admits its software manipulates economy!!!
08/03/2009  •  Investment Watch 
Must watch at site!  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by:
Corrupt Prosecutor Seeks to Strike Deal With Sergey Aleynikov News Link  •  Corruption
Corrupt Prosecutor Seeks to Strike Deal With Sergey Aleynikov
08/03/2009  •  CRIME & FEDERALISM 
Matthew Goldstein, the Reuters blogger who broke the Aleynikov story, is reporting: It looks like federal prosecutors may be trying to cut a deal with alleged Goldman Sachs high-frequency trading code stealer Sergey Aleynikov.Today was the day for prosecutors to indict Aleynikov, who was arrested on July 3 on the theft charges. But in a court filing, prosecutors told the presiding magistrate judge that they need another 14 days to continue discussions with Aleynikov’s lawyer about a “possible disposition.” In the legal world, a “possible disposition” means a deal. After exposing federal prosecutor Joseph Facciponti's fraud upon the court in his prosecution of Aleynikov, we wrote on July 23, 2009: Aleynikov will be given a super-sweet plea bargain. If his case proceeds towards trial, the world will learn about Goldman Sach's high frequency trading program. Sure, AUSA Joseph Facciponti will try to keep the case under seal. Too many people are paying attention. Reporters a  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by:
EFF Video on Iran, Digital Media, and Security News Link  •  Communications
EFF Video on Iran, Digital Media, and Security
08-04-2009  •  PariSoMa 
This is a fascinating discussion of how technology aids spontaneous cooperation around the world to support dissident communications. Recorded Aug 3, 2009.  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Brock Lorber
Government: Inflation Is Zero (And other odd things) News Link  •  Obama Administration
Government: Inflation Is Zero (And other odd things)
08/04/2009  •  Economic Policy Journal 
John Williams, of ShadowStats.com, reports that some very quirky things helped boost the recently announced Q2 GDP number. The government lowered the inflation rate it uses in the GDP calculation to almost zero. A near zero inflation rate means the government hardly had to adjust downward its raw GDP number. Further, as Williams points out, there was no good news out of the durable goods sector. New orders for durable goods, were down 25% from the same time last year. So what did boost GDP? Barry Ritholtz reports that the trade deficit distorted the GDP. Goods imported by Americans fell by a much larger amount than the decline in our exports---which boosted GDP.  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by:
Mish: Recession? What recession? This is a depression. News Link  •  Economy - Economics USA
Mish: Recession? What recession? This is a depression.
08-04-2009  •  Michael Shedlock / Mish 
 Left alone, it is going to be a long time before federal tax revenues recover. The implications on state spending, services, and taxes on productive members of society are ominous.  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Jack Gregson
ABC's John Stossel on National Healthcare
News Link  •  Healthcare
ABC's John Stossel on National Healthcare
08/03/2009  •  Economic Policy Journal 
This is a great report from John Stossel. In it, he also mentions the problem that innovation will be killed off without the ability for firms an individuals to profit from there innovations. I have mentioned this as a key problem of a national healthcare system, outside of Stossel, I have seen little mention of this great problem. If Obamacare passes, it is likely that we will have peaked as far as innovation, for a very long time, perhaps forever.  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by:
Security Cyber Czar Steps Down News Link  •  Constitution
Security Cyber Czar Steps Down
08/04/2009  •  WSJ 
I am in shock anyway never in my lifetime would I have thought that the United States of America would be (communism) having "Czars"! The White House's acting cybersecurity czar announced her resignation Monday, in a setback to the Obama administration's efforts to better protect the computer networks critical to national security and the global economy. The resignation highlights the difficulty the White House has had following through on its cybersecurity effort. President Barack Obama first outlined his cybersecurity plans in a high-profile speech May 29, announcing his intention to create a top White House cybersecurity post -- a position he has yet to fill.  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by:
China's US Dollar Exit - An Instruction Manual News Link  •  China
China's US Dollar Exit - An Instruction Manual
08-04-2009  •  ZeroHedge.com 
 Insightful commentary from Warren Pollock on how China is quietly getting the hell out of dodge.  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Jack Gregson
Goldman Sachs and other banks pay out more in bonuses then they earn News Link  •  Crony Capitalism
Goldman Sachs and other banks pay out more in bonuses then they earn
08/03/2009  •  Goldman Sachs 666 
In this recent article, Some U.S. bank pay "unmoored" from performance: Cuomo By Grant McCool of Reuters, Jul 30, 2009 7:22pm the reporter makes the comment, ..."bonuses for Goldman Sachs Group Inc, Morgan Stanley and JPMorgan Chase & Co were "substantially greater" than the banks' net income." Goldman earned $2.3 billion, paid out $4.8 billion in bonuses and received $10 billion in TARP funding,... How is it any company can pay out more in bonuses then they earn? One way is to use taxpayer money. New York's AG, Cuomo is on the right path in this investigation but the outcome of his efforts are yet to be seen or heard. But Goldman Sachs is not alone in this. Yet it is very possible from reading Michael Lewis' book "Liars Poker" that they may have invented the concept of overpaying people and then found ways to justify it which in turn they possibly shared with the others in their "club". Is it a coincidence that Pa  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by:
Here are some examples of how history repeats itself. The government “crisis manual” stays the same. News Link  •  Propaganda
Here are some examples of how history repeats itself. The government “crisis manual” stays the same.
08/04/2009  •  Investment Watch 
September 1929 “There is no cause to worry. The high tide of prosperity will continue.” " Andrew W. Mellon, Secretary of the Treasury. October 14, 1929 “Secretary Lamont and officials of the Commerce Department today denied rumors that a severe depression in business and industrial activity was impending, which had been based on a mistaken interpretation of a review of industrial and credit conditions issued earlier in the day by the Federal Reserve Board.” " New York Times December 5, 1929 “The Government’s business is in sound condition.” " Andrew W. Mellon, Secretary of the Treasury December 28, 1929 “Maintenance of a general high level of business in the United States during December was reviewed today by Robert P. Lamont, Secretary of Commerce, as an indication that American industry had reached a point where a break in New York stock prices does not necessarily mean a national depression.” " Associated Press dispatch.  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by:
Geithner Bullies Financial Regulators to Accept Fed as Top Dog News Link  •  Obama Administration
Geithner Bullies Financial Regulators to Accept Fed as Top Dog
08-04-2009  •  NakedCapitalism.com 
 He is also not the first I have heard speculate that the media boosterism, particularly from sources not known for that sort of thing, like Bloomberg, suggests that official pressure has been applied to keep financial news upbeat.   Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Jack Gregson
GOLDMAN PRINCES TOLD: SPEND LIKE PAUPERS News Link  •  Propaganda
GOLDMAN PRINCES TOLD: SPEND LIKE PAUPERS
08/04/2009  •  NY Post 
More Smoke and Mirrors to hide the truth from the public! Goldman Sachs CEO Lloyd Blankfein has warned his employess to avoid making big-ticket, high-profile purchases as the gold-plated Wall Street firm hunkers down amid a firestorm of public and political anger over outsize bonus payments. According to sources at the bank, Blankfein has Goldman in particular, should be toned down in light of the billions in bailout money that banks, including Goldman, have gotten from Uncle Sam. A source within the bank said Blankfein first began calling for an end to the conspicuous consumption late last year, but has stepped up his campaign in recent weeks as the White House has sought to rein in compensation and as the firm has gotten dinged by a pair of high-profile magazine articles. "This is a sensitive time for us, and [Blankfein] wants to make sure that we're not being seen living high on the hog," said one Goldman exec.  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by:
BO at -7 Americans are waking up to the Propaganda! Daily Presidential Tracking Poll News Link  •  Propaganda
BO at -7 Americans are waking up to the Propaganda! Daily Presidential Tracking Poll
08/04/2009  •  Rasmussen 
The Rasmussen Reports daily Presidential Tracking Poll for Tuesday shows that 30% of the nation's voters Strongly Approve of the way that Barack Obama is performing his role as President. Thirty-seven percent (37%) Strongly Disapprove giving Obama a Presidential Approval Index rating of -7 (see trends). By a 54% to 33% margin, American adults oppose new funding for the “Cash for Clunkers” program. On health care, 48% of voters now rate the U.S. health care system as good or excellent. That reflects a significant increase over the past few months as Congress has considered health care reform.  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by:
Goldman's new 'American Socialism Manifesto'
8 ways 'The Conspiracy' is destroy News Link  •  Conspiracies
Goldman's new 'American Socialism Manifesto' 8 ways 'The Conspiracy' is destroy
08/04/09  •  Market Watch 
Wall Street, under the command of the Goldman Conspiracy, can further consolidate power over the American people forever by making sure Congress and the President (no matter which party wins elections) passes other new laws: Kill the proposed Consumer Financial Protection Agency. Kill "public option" competition in the health-care reform. Kill all efforts to revive Glass-Steagall. Pass a "cap and trade" law so Wall Street can start gambling trillions in a new derivatives bubble. Pass laws to guarantee Wall Street's "too-stupid-to-fail" big banks unlimited access to taxpayer funds in the future, as they've enjoyed since October. Final comment: More demands will naturally follow to empower this banana republic dictatorship disguised as the new "American Socialism."  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by:
Andy Xie: China Has Become A Giant Ponzi Scheme News Link  •  China
Andy Xie: China Has Become A Giant Ponzi Scheme
08/03/2009  •  Ritzholtz 
Pretty harsh words from former Morgan Stanley Analyst Andy Xie: “Chinese stock and property markets have bubbled up again. It was fueled by bank lending and inflation fear. I think that Chinese stocks and properties are 50-100% overvalued. The odds are that both will adjust in the fourth quarter. However, both might flare up again sometime next year. Fluctuating within a long bubble could be the dominant trend for the foreseeable future. The bursting will happen when the US dollar becomes strong again. The catalyst could be serious inflation that forces the Fed to raise interest rate. Chinese asset markets have become a giant Ponzi scheme. The prices are supported by appreciation expectation. As more people and liquidity are sucked in, the resulting surging prices validate the expectation, which prompts more people to join the party. This sort of bubble ends when there isn’t enough liquidity to feed the beast.”  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by:
The Real Economy Versus the Make-Believe World of the Government and Financial Giants News Link  •  Depression
The Real Economy Versus the Make-Believe World of the Government and Financial Giants
08/04/2009  •  Washington;s Blog 
In the real economy, unemployment is at Depression-era levels (see this, this and this). In the real economy, bank loan loss rates will be higher than the Depression. In the real economy, government revenue is at its lowest level since the Depression, and most states are on the verge of bankruptcy. In the real economy, the world economy is crashing faster than during the Depression (and see this). But in the make-believe world of the government and the financial giants, the recession is over. How do they do it? Well, as I noted a couple of days ago, the boys use:  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by:
Freshly Scented Soap To Cleanse Irish News Link  •  Humor
Freshly Scented Soap To Cleanse Irish
08-04-2009  •  The Onion 
New Two-Deodorant Soap Should Make Abominable Stench of Unwashed, Potato-Eating Subhumans All But Disappear   Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Jet Lacey
9/11 Hijackers Surprised To Find Selves In Hell News Link  •  Humor
9/11 Hijackers Surprised To Find Selves In Hell
08-04-2009  •  Onion.com 
'We Expected Eternal Paradise For This,' Say Suicide Bombers  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Jet Lacey
Redflex Camera Attacked on AZ-51 News Link  •  Arizona's Top News
Redflex Camera Attacked on AZ-51
08/03/2009  •  CameraFRAUD 
An automated ticketing machine was rendered inoperable over the weekend, CameraFRAUD has learned. The Redflex device, located on the AZ-51, appears to have been covered with black spray paint ("freedom mist?") Arizona’s beleaguered “photo enforcement” cameras have been rendered inoperable with post-it notes, silly string, sledgehammers, pick-axes, spray paint, large rocks, spare tires, as well as two acts of God .  Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Camera FRAUD
Photo of Combat Vehicles on the Streets of Springfield, Illinois News Link  •  Military
Photo of Combat Vehicles on the Streets of Springfield, Illinois
08-03-2009  •  Infowars 
“The Illinois Army National Guard says training with the new Armored Security Vehicles will start Thursday and run through Sunday.”     Read Full Story
Make a Comment   •   Email this News Link   •   Send Letter to Editor
Reported by: Jim Stachowiak
Tags: freedoms, phoenix, archives, politics, libertarian, alternative, government, freedom
      Attorney For Freedom  
 
  Magazine / Newspaper
   Magazine Subscription Info
   Online Magazine List
   Newspaper Subscription Info
   Newspaper Issue List
 
RSS Feeds
   Articles RSS Feed
   Opinions RSS Feed
   Media RSS Feed
   Newsletter RSS Feed
   Smartphone Feed
   Podcast Feed
Radio / TV
   Declare Your Independence
      with Ernest Hancock

Anarchives
   Search by Keyword
   Contents Listed by Subject
   Radio / TV Show Archives
   Newsletter Archives
   News Links
   Feature Articles
   Opinion Columns
   Reference Links

 
Letters to the Editor
   List of Letters
   Write a Letter

 
Join Us
   Subscribe to Magazine
   Membership Sign-Up
   Be a Writer
   Be a Reporter
   Link to Us

 
Marketplace
   Buy Stuff – Sell Stuff

   Store on CafePress.com
More News
   Page Two
   Current News
 
Discussions
   Freedom Forum
 
Advertise
   Intro to Advertising with Us
   Magazine Advertising Rates
   Radio Advertising Rates
   Website Advertising Rates
 
Funding Center
   Support or Promote a Project
About Freedom's Phoenix
   About Us
   Contact Us
   Terms of Use
   Privacy Policy
   Writers List

 
Tutorials – Using This Site
   List of Tutorials
 
Media Resources
   News References
   Blog References
   Government References
 
  FreedomsPhoenix.com
The domain and name of this website are servicemarks of Ernest Hancock.
Website is Copyright © 2017 by Ernest Hancock.  All rights reserved worldwide.
4886 W Port Au Prince Ln, Glendale, AZ 85306 USA.
Website Designed by
USA Web
Advertising

Phoenix, Arizona
 
Time to display page: 0.159 Seconds -- Dynamic Page

Page Views:

free web stats

Stats by StatCounter