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Date Sent: 2009-08-28
Freedom's Phoenix Global Edition for Friday, August 28, 2009 AM edition
 
Bailed Out Banks Threaten Systemic Collapse If Fed Discloses Information

Charges Against Gov. Richardson Unlikely -- Mass. Court OKs $102M Wrongful-Conviction Award -- China urges U.S. to halt surveillance near its shores -- Roman Catholic Bishops Assail Health Plan -- Napolitano: Politics didn't push stimulus projects -- Do campaign contributions help win pension fund deals? -- WORLD'S 50 SAFEST BANKS 2009 -- Glenn Beck on Obama's Frightening Private Army --  9-11 Pentagon Attack Yields Alarming New Information -- Geithner: Auditing the Fed is a "line that we don't want to cross" -- Bernanke Being Rewarded for Failure

 

Racketeering 101: Bailed Out Banks Threaten Systemic Collapse If Fed Discloses Information News Link  •  Federal Reserve
Racketeering 101: Bailed Out Banks Threaten Systemic Collapse If Fed Discloses Information
08-27-2009  •  Zero Hedge 
And so the guns come out blazing. The Clearing House Association, another name for all the banks that were bailed out over the past year with the generous contributions from all of you, dear taxpayers, are now threatening with another instance of complete systemic collapse if Bloomberg's lawsuit is allowed to proceed unchallenged, let alone if any of the "Audit The Fed" measures are actually implemented. As a reminder, The Clearing House Association consists of ABN Amro, Bank Of America, The Bank Of New York, Deutsche Bank, HSBC, JP Morgan Chase, US Bank and Wells Fargo. In a declaration filed in the Bloomberg Case (08-CV-9595, Southern District of New York), the banks demonstrate no shame in attempting to perpetuate the status quo with regard to the Federal Reserve and demand that the wool over the eyes of the general population remain firmly planted in perpetuity. The Clearing House submits this declaration because the Court's Order threatens to impair the   Read Full Story
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Charges Against Gov. Richardson Unlikely News Link  •  Criminal Justice System
Charges Against Gov. Richardson Unlikely
08-27-2009  •  Washington Post 

The FBI and a grand jury in Albuquerque have been investigating whether CDR Financial Products, a Beverly Hills-based company, received a contract with the New Mexico Finance Authority because of pressure from Richardson or other state employees. CDR was paid $1.48 million for advising the authority on investment decisions in 2004.

The firm and its president, David Rubin, together gave $100,000 to Sí Se Puede and Moving America Forward, both PACs started by Richardson, shortly before winning the state contract.

  
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Reported by: Powell Gammill
Mass. Court OKs $102M Wrongful-Conviction Award News Link  •  Criminal Justice System
Mass. Court OKs $102M Wrongful-Conviction Award
08-27-2009  •  AP 
A federal appeals court on Thursday upheld a $102 million judgment against the government for withholding evidence that could have cleared four men who spent decades in prison " including two who died there " for a murder they didn't commit.   "While we reject its finding that the government is liable for malicious prosecution, we uphold the court's alternate finding that the government is liable for intentional infliction of emotional distress," the 1st U.S. Circuit Court of Appeals said.   The district court judge said FBI agents were trying to protect informants when they encouraged a witness to lie, then withheld evidence they knew could prove Limone and the three other men weren't involved in the Deegan killing.
 
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Reported by: Powell Gammill
China urges U.S. to halt surveillance near its shores News Link  •  China
China urges U.S. to halt surveillance near its shores
08-27-2009  •  Reuters 
China called on the United States to reduce and eventually halt air and sea military surveillance close to its shores after a series of territorial disputes this year. Five times this year, Chinese vessels have confronted U.S. surveillance ships in Asian waters, the U.S. Defense Department said in May. China said the U.S. vessels had intruded its territory. There has since been a sixth incident.  Read Full Story
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Reported by: Powell Gammill
Paleontologists Uncover New Dinosaur In Australia News Link  •  World News
Paleontologists Uncover New Dinosaur In Australia
08-27-2009  •  red Orbit 
Paleontologists in Australia have discovered a new species of dinosaur on a sheep farm in the northern state of Queensland. The fossils are of a large plant-eating sauropod, nicknamed Zac, which roamed the earth about 97 million years ago. They were discovered in Eromanga, which is a town full of fossils that was once covered by a vast inland area. According to the scientists, the discovery confirms Australia's importance as a center for dinosaur discovery. In 2004, the country's largest dinosaur, Cooper, was found resting on the same sheep farm. Cooper was a 98-foot long, new species of titanosaur, which is an enormous, armor-plated creature. Scott Hocknull, a Queensland Museum paleontologist, said Zac's skeleton was smaller than Cooper's but more complete. Zac had a very long neck, like other sauropods, and had a small head with blunt teeth. He also had a long tail that would counter-balance the neck  Read Full Story
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Some Roman Catholic Bishops Assail Health Plan News Link  •  Healthcare
Some Roman Catholic Bishops Assail Health Plan
08-27-2009  •  NY Times 
Others, echoing the popular alarms about “rationing,” contend that the proposals could put a premium on efficacy that could penalize the chronically ill. Democrats’ efforts to carve out abortion coverage are so inadequate that lawmakers should block the entire effort.  Read Full Story
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Reported by: Powell Gammill
Napolitano: Politics didn't push stimulus projects News Link  •  Homeland Security
Napolitano: Politics didn't push stimulus projects
08-27-2009  •  AP 
Homeland Security Secretary Janet Napolitano said politics did not influence the decision to spend millions of dollars in stimulus money on little-used border checkpoints while passing over higher-priority projects.  Read Full Story
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Reported by: Powell Gammill
Do campaign contributions help win pension fund deals? News Link  •  Corruption
Do campaign contributions help win pension fund deals?
08-27-2009  •  USA Today 
More than two dozen firms that have surfaced in a broad corruption investigation of public pension funds gave at least $1.97 million in campaign contributions to officials with potential influence over the funds' investments, a USA TODAY analysis shows. The givers included private-equity giants such as the Blackstone Group, the Carlyle Group and the Quadrangle Group, the firm founded by Steven Rattner, who in July resigned as the White House point man for the auto industry rescue. The contributions are legal, and the firms haven't been accused of wrongdoing related to the giving. Conflicts of interest Even in cases with no charges of illegality, watchdogs argue that the campaign contributions " known as pay-to-play " create conflicts of interest.  Read Full Story
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The Devil We Know News Link  •  Federal Reserve
The Devil We Know
08-27-2009  •  Lew Rockwell 
What this country needs is a Fed Chairman that is immensely unpopular, backed by a courageous President. Under Paul Volcker and Ronald Reagan, this model proved effective at avoiding a complete economic collapse in the early 1980's. In case posterity's resounding approval has clouded anyone's memory, Volcker was vilified and threatened with impeachment at the height of that crisis. Reagan's decision to stand behind Volcker allowed the Chairman to persevere. It has never been popular to be responsible. Only after the markets settled and the country experienced twenty years of prosperity was history's final judgment made about Volcker. Bernanke's re-nomination is a politically safe decision for President Obama, and at least Bernanke is a devil we know. However, this lack of a "change" for the better should squash any "hope" for a genuine recovery. If the Bush years were as bad as the Democrats claim, then it is curious that they are mimickin  Read Full Story
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Hitler / Obama Comparisons: Is Barack Obama Like Adolf Hitler or The Nazis? News Link  •  History
Hitler / Obama Comparisons: Is Barack Obama Like Adolf Hitler or The Nazis?
08-27-2009  •  The Humble Libertarian 
Socialism and The Obama Administration In popular conception, "left-wing" politics taken to the extreme produces Stalin, while "right-wing" politics taken to the extreme produces Hitler. What a stupid contrivance! Why should two mass-murdering autocrats end up on opposite ends of a political spectrum? The general American public seems oblivious to the fact that the word "Nazi" is an abbreviation for the "National Socialist German Workers Party." (In German, the word "national" is pronounced nawt-zi-uh-nal.) Adolf Hitler and the Nazi Party were socialist. The horrors inherent in socialism have made themselves all too apparent at this point on the timeline, after a century of warfare and bloodshed unrivaled in human history- the handiwork of socialist ideology and its adherents. His socialism is part of what made Adolf Hitler so evil. There can be no argument that President Obama is likewise, a socialist.  Read Full Story
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Who is actually the fascist? News Link  •  History
Who is actually the fascist?
08-27-2009  •  Ellis County Press 
Well, one of the primary propaganda victories old Joe Stalin achieved during his bloody reign was to convince the world that communism and fascism were utterly unlike each other. What’s a fact is fascism is a brand of left-wing ideology. Marxism and Nazism are political mirror images, offshoots of totalitarian socialism. Contrary to left-wing myth, there is no such thing as "right-wing fascism." In the 1930s, fascism was widely viewed as "progressive" ideology championing economic modernization, active social welfare policies and an all-powerful central government, or state if you will. Both Italian dictator Benito Mussolini and German dictator Adolph Hitler were men who believed in the left. They both understood that fascism was a form of revolutionary socialism; however, what differentiated Nazism from communism was its blood-and-soil ultra-nationalism and emphasis on the consequences of race. Additionally, fascists sought to bind the private sector to stati  Read Full Story
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WORLD'S 50 SAFEST BANKS 2009 News Link  •  World News
WORLD'S 50 SAFEST BANKS 2009
08-27-2009  •  Global Finance Magazine 
With bank stability still high on corporate and investor agendas,Global Finance publishes its 18th annual list of the world’s safest banks. After two tumultuous years that saw many of the world’s most respected banks drop out of the top-50 safest banks list, the dust appears to be settling. Those banks that kept an iron grip on their risk exposure before the financial crisis blew up have consistently topped the table and maintain their standing among the top echelon in this year’s ranking. At the same time, the big name banks that lost their safest bank ranking during the credit crunch are still absent from the list as they struggle to rebuild their credit standing. The “World’s 50 Safest Banks” 2009 were selected through a comparison of the long-term credit ratings and total assets of the 500 largest banks around the world. Ratings from Moody’s, Standard & Poor’s and Fitch were used. Global Finance has published its “World’s Safest Banks” listing for 18 years and this ranking has beco  Read Full Story
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Glenn Beck on Obama's Private Army- 8-27-09- Part 1- Must See News Link  •  Draft
Glenn Beck on Obama's Private Army- 8-27-09- Part 1- Must See
08-27-2009  •  You Tube 
Glenn Beck on Thursday, August 27, 2009..A Must See. Glenn exposes Obama's New Civilian National Security Force. Gestapo Much?? The Beginning of The Brown Shirts?? Is THIS STILL AMERICA???   Read Full Story
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Ah, The Game Is Afoot! News Link  •  Federal Reserve
Ah, The Game Is Afoot!
08-27-2009  •  The Market Ticker 
You knew it wouldn't be that easy..... Aug. 27 (Bloomberg) -- The Federal Reserve argued yesterday that identifying the financial institutions that benefited from its emergency loans would harm the companies and render the central bank’s planned appeal of a court ruling moot. "Harm the companies" eh? You mean reveal that they are and have been insolvent, and The Fed has been engaged in covering them up? “What has the Fed got to hide?” said Senator Bernie Sanders, a Vermont independent who sponsored a bill to require the Fed to submit to an audit by the Government Accountability Office. “The time has come for the Fed to stop stonewalling and hand this information over to the public,” he said in an e-mail. The Fed is hiding the insolvency of banks. They, along with their handmaidens in Congress (which is where you work Mr. Sanders) even went further and twisted the arm of FASB to legalize intentional accounting distortions that I argue amount to fraud. The   Read Full Story
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Independent Investigation Into Pentagon Attack Yields Alarming New Information News Link  •  911 / World Trade Center
Independent Investigation Into Pentagon Attack Yields Alarming New Information
08-27-2009  •  News-N-Views / Citizen Investigation Team 
Researchers present new eyewitness testimony which they say proves the government's story to be a “monstrous lie”; video endorsed by Ed Asner, Richard Gage, Dr. David Ray Griffin, Dr. Peter Dale Scott, Lt. Col Shelton Lankford, and many more  Read Full Story
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Reported by: Adam Burke
McCain supports Hitler-esque “Wellness Incentives” News Link  •  Healthcare Industry
McCain supports Hitler-esque “Wellness Incentives”
08-27-09  •  Daniel Heller 
. During his introductory speech, after hammering the Democrats for trying to push through the “public option” (a euphemism for socialized healthcare), he then went on to describe ways healthcare costs could be brought down, emphasizing, “We have the best quality healthcare in the world  Read Full Story
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Reported by: Daniel Heller
9/11 and Cyberterrorism: Did the real News Link  •  911 / World Trade Center
9/11 and Cyberterrorism: Did the real "cyber 9/11" happen on 9/11?
08-27-2009  •  corbettreport.com 

Government sources immediately began blaming North Korea for the recent cyberterror attacks on South Korea and the U.S., despite having no evidence to back up those claims. Now, an examination of the evidence by independent computer experts show that the attack seems to have been coordinated from the UK. The hysterical media coverage in the attack's wake, however, echoing the government line that it was likely the work of North Korea, served to cement in the minds of many that this was an act of cyberwarfare.

The idea that this surprisingly unsophisticated attack could have come from a well-organized, hostile state or terrorist group comes as a blessing in disguise to those groups, agencies and advisors who have been calling for greater and greater federal snooping powers in the name of stopping a "cyber 9/11" from happening.

The "cyber 9/11" meme stretches back almost to 9/11 itself. Back in 2003, Mike McConnell, the ex-director&l  Read Full Story
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Reported by: Morpheus Titania
HEY MILITARY - LEAVE MY CHILD ALONE!!!  News Link  •  Military
HEY MILITARY - LEAVE MY CHILD ALONE!!!
09/01/08  •  Cindy Sheehan 
The No Child Left Behind Act includes a provision that requires high schools to turn over private information on students to military recruiters and allows the Pentagon to create an extensive database on your child. You can opt out! Here's how!!  Read Full Story
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Reported by: Michele Power
Bernanke Being Rewarded for Failure News Link  •  Federal Reserve
Bernanke Being Rewarded for Failure
08-27-2009 

Ayn Rand wrote, "when you see corruption being rewarded and honesty becoming a self-sacrifice - you may know that your society is doomed."

America is not doomed, but the fellows in Washington are pushing for that outcome. It seems that all the characters that encouraged this financial crisis are being rewarded, and Ben Bernanke's re-nomination is no exception to this rule. He was on the Board of Governors when Alan Greenspan grew our bubble economy. Known as 'Helicopter Ben,' Bernanke was the most vocal supporter of low interest rates to combat the bogus threat of deflation, even if it meant dropping cash from helicopters. He succeeded in his aim " as it is hard for prices to decline while the money supply is growing by double digits.

Of course, much of that new money went into speculative bubbles, first in tech and then real estate. When the misallocation became too great to ignore, the credit markets froze and leveraged instit Read Full Story
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Reported by: Morpheus Titania
Geithner: Auditing the Fed is a Feature Article  •  MEDIA (MainStreamMedia - aka MSM)
Geithner: Auditing the Fed is a "line that we don't want to cross"
Morpheus Titania
   Source: Corbett Report.  In an interview released today by Digg and the Wall Street Journal, Treasury Secretary Timothy Geithner was pressured about the growing popular movement to Audit the Fed spearheaded by Texas Congressman Ron Paul. A visibly uncomfortable Geithner attempts to dismiss the question by stating "I'm sure people understand that you want to keep politics out of monetary policy." When Geithner is again pressed on the issue, he makes the stunning assertion that conducting an audit of the Federal Reserve"something never before done in its 96 year history"is a "line that we don't want to cross," proclaiming that such a move would be "problematic for the country."

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Pastor Anderson on Alan Colmes Radio show Feature Article  •  Steven Anderson - Checkpoint Arrest
Pastor Anderson on Alan Colmes Radio show
Morpheus Titania
  

Source: Phoenix New Times Colmes had Anderson on his radio show Tuesday, specifically to discuss the Bible thumper's "Why I Hate Barack Obama" sermon, wherein he called for the death of our Chief Executive, primarily because Obama supports abortion rights. Colmes has some of this show up on his blog. Anderson has it all up on his YouTube site in four sections, which should tell you how desperate Anderson is for attention, because Colmes makes Anderson sound like an even bigger zealoty-crackpot than he's already proven himself to be on his own time.

In part one, Colmes delves into Anderson's views on homosexuals and homosexuality, and Anderson has to admit that he screwed up in one of his sermons on Massachusetts Representative Barney Frank, whom he called a "faggot," and a "pedophile" who'd been arrested. While Frank is openly gay, he is not a pedophile, nor has he ever been arrested. Anderson said he had Frank co
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Saturday Morning Arizona Breakfast Club - Tomorrow August 29th 2009 Feature Article  •  Events: Arizona
Saturday Morning Arizona Breakfast Club - Tomorrow August 29th 2009
Ernest Hancock
   Saturday the 29th of August is the next Arizona Breakfast Club. I guess we have to talk about Gun Rights :)
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