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Date Sent: 2009-10-20
Freedom's Phoenix Global Edition for Monday, October 19, 2009 PM edition
 
Iran: US, Britain, Pakistan Linked to Bombing -- Fannie, Freddie common shares worthless, KBW says

Indecision on Afghan Troops -- LA's Top Prosecutor Vows to Target Pot Shops -- Next Major Obama Crisis -- U.S. charges billionaire Rajaratnam with record insider trading -- Tea-Party Activists Complicate Republican Comeback Strategy -- Has the Government Sowed the Seeds for Green Shoots or Another Depression? -- SENATOR WARNS THAT US IS ON PATH TO 'BANANA - REPUBLIC - TYPE' FINANCIAL SITUATION -- Climate Change, Socialized Medicine and Population Control -- Einhorn bets on major currency collapse -- Restarting the Job Machine Why Stimulus 2.0 might backfire

 

Iran: US, Britain, Pakistan Linked to Bombing News Link  •  Iran
Iran: US, Britain, Pakistan Linked to Bombing
10-19-2009  •  AP 
The chief of Iran's Revolutionary Guard accused the United States, Britain and Pakistan of having links with the Sunni militants responsible for a suicide bombing that killed five senior Guard commanders and 37 others. Iran's president said  Read Full Story
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Reported by: Powell Gammill
Fannie, Freddie common shares worthless, KBW says News Link  •  Government
Fannie, Freddie common shares worthless, KBW says
10-19-2009  •  Marketwatch 
Analysts at Keefe, Bruyette & Woods on Monday said the common shares of Fannie Mae and Freddie Mac are likely worthless even if the troubled mortgage-finance giants end up being recapitalized by the banking industry.  Read Full Story
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Reported by:
Decision on Afghan Troops May Wait News Link  •  WAR: About that War
Decision on Afghan Troops May Wait
10-19-2009  •  NY Times 
The White House signaled President Obama would postpone any decision on sending more troops to Afghanistan until the disputed election there had been settled and resulted in a government that could work with the United States.  Read Full Story
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Reported by: Powell Gammill
China Growth More Than 7 Percent in January-September News Link  •  China
China Growth More Than 7 Percent in January-September
10-19-2009  •  AP 
China's economy expanded more than 7% in the first 9 months of the year and will certainly surpass the 2009 growth target of 8%. China is due to release official 3rd quarter economic data. "Achieving a growth rate of 8% for the year is basically no p  Read Full Story
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Reported by: Powell Gammill
FAA probe of American Airlines may widen News Link  •  Transportation: Air Travel
FAA probe of American Airlines may widen
10-19-2009  •  Reuters 
American Airlines operated jets later found to have substandard repairs, and federal regulators are probing allegations that at least one plane was considered unsafe to fly at normal cruise altitude. The FAA is expanding its probe into suspected stru  Read Full Story
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Reported by: Powell Gammill
LA's Top Prosecutor Vows to Target Pot Shops News Link  •  Drug War
LA's Top Prosecutor Vows to Target Pot Shops
10-19-2009  •  AP 
He wasn't expecting the phone call one August day when a voice said the police were outside and he needed to open up or they would bust down the door. His first thought, that it was a joke, turned to terror when he opened the door. Heavily armed o  Read Full Story
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Reported by: Powell Gammill
Tea-Party Protesters Slam CNN and Atlanta Journal-Constitution for Spreading Lies and Propaganda News Link  •  MEDIA (MainStreamMedia - aka MSM)
Tea-Party Protesters Slam CNN and Atlanta Journal-Constitution for Spreading Lies and Propaganda
10-19-2009  •  You Tube 
At least 1,000 Tea Party protesters showed up in front of CNN headquarters in Atlanta on Saturday. Most of the protesters carried home-made signs lambasting CNN and other lamestream media outlets for their abject failure to tell the American people   Read Full Story
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Reported by: Freed Radical
Black Gold... Green Oil Feature Article  •  Casey Research Articles
Black Gold... Green Oil
Marin Katusa
   This summer, there's been a flurry of new green announcements from the world's major oil firms. ExxonMobil, Chevron, Valero, Statoil, Marathon, and Sunoco have all thrown their hats into the green ring.
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Bankruptcy Filing Delays Catholic Church Sex Abuse Case News Link  •  Sexuality: Sex and the Law
Bankruptcy Filing Delays Catholic Church Sex Abuse Case
10-19-2009  •  AP 
A bankruptcy filing by the Catholic Diocese of Wilmington was the best way to ensure reconciliation and compensation for all victims of clergy sexual abuse in the diocese, the bishop said. The diocese filed for Chapter 11 bankruptcy protection  Read Full Story
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Reported by: Powell Gammill
Arizona sheriff conducts migrant sweeps despite curb News Link  •  Arizona's Top News
Arizona sheriff conducts migrant sweeps despite curb
10-19-2009  •  Reuters 
An Arizona sheriff known for cracking down on undocumented migrants is conducting an immigration and crime sweep around Phoenix, less than a day after federal authorities curbed his powers to make immigration arrests.  Read Full Story
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Reported by: Powell Gammill
Next Major Obama Crisis News Link  •  Energy
Next Major Obama Crisis
10-19-2009  •  News Flavor 
With the News fixated on the Obamacare Health Plan being formulated behind closed doors, they are not watching as the oil market continues to climb toward the $100 a barrel price.   Read Full Story
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Reported by:
U.S. charges billionaire Rajaratnam with record insider trading News Link  •  Economy - Economics USA
U.S. charges billionaire Rajaratnam with record insider trading
10-19-2009  •  Reuters 
Billionaire hedge fund founder Raj Rajaratnam and executives from some of the most prestigious U.S. companies were charged with the largest hedge fund insider-trading scheme ever. Investigators said they used court-approved telephone wire taps for th  Read Full Story
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Reported by: Powell Gammill
Real Estate Collapse Entering New Phase: Banks Refusing to Repossess Abandoned Homes, or Even File F News Link  •  Economy - Economics USA
Real Estate Collapse Entering New Phase: Banks Refusing to Repossess Abandoned Homes, or Even File F
10-19-2009  •  Cryptogen 
Not only are there no bids in some markets, the accumulation of property taxes means that some properties have negative valuations, like a derivative trade that’s gone bad.  Read Full Story
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Reported by:
Obama's Dirty Tricks News Link  •  Obama Administration
Obama's Dirty Tricks
10-19-2009  •  The Globe 
TALK show host Glenn Beck is being targeted for destruction by fed-up Barack Obama, top political players tell GLOBE in a bombshell Special Repor  Read Full Story
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Reported by:
Tea-Party Activists Complicate Republican Comeback Strategy News Link  •  Politics: Republican Campaigns
Tea-Party Activists Complicate Republican Comeback Strategy
10-19-2009  •  Wall Street Journal 
The rise of conservative "tea party" activists around the country has created a dilemma for Republicans. They are breathing life into the party's quest to regain power. But they're also waging war on some candidates hand-picked by GOP leaders as the   Read Full Story
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Reported by: Powell Gammill
Crisis shows need to right imbalances: Bernanke News Link  •  Federal Reserve
Crisis shows need to right imbalances: Bernanke
10-19-2009  •  Reuters 
The financial crisis has spotlighted the importance of dealing with global imbalances in trade and capital flows, Federal Reserve Chairman Ben Bernanke said. "The crisis has ... highlighted the need for many policy reforms that range from improving f  Read Full Story
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Reported by: Powell Gammill
Electoral crisis in Afghanistan intensifies News Link  •  WAR: About that War
Electoral crisis in Afghanistan intensifies
10-19-2009  •  AP 
The Afghan electoral crisis intensified as officials responsible for declaring final results from the August presidential ballot refused to accept findings of a UN investigative panel that would force a runoff, those involved in the process said.  Read Full Story
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Reported by: Powell Gammill
Has the Government Sowed the Seeds for Green Shoots or Another Depression?
News Link  •  Depression
Has the Government Sowed the Seeds for Green Shoots or Another Depression?
10-19-2009  •  Washington's Blog 
You probably heard that Nicu Harajchi - CEO of N1 Asset Management - told CNBC on Friday that we're heading into a full-blown depression. You may have heard that Paul Krugman said a couple of days ago that the collapse in global trade is worse tha  Read Full Story
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Reported by:
Thai king's illness leaves countrymen anxious News Link  •  World News
Thai king's illness leaves countrymen anxious
10-19-2009  •  AP 
As Thailand's ailing 81-year-old King Bhumibol Adulyadej begins the second month of a hospital stay Monday, his countrymen are wondering just how sick he really is. Concern for his well-being reflects the reverence and affection the Thai public ho  Read Full Story
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Reported by: Powell Gammill
White House advisers say Fox News is not news News Link  •  MEDIA (MainStreamMedia - aka MSM)
White House advisers say Fox News is not news
10-19-2009  •  AP 
White House advisers pledged to book administration officials on Fox News despite claims by the president’s inner circle that the cable network is a GOP mouthpiece whose programming "is geared toward making money." Last week, White House communica  Read Full Story
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Reported by: Powell Gammill
	
	
SENATOR WARNS THAT US IS ON PATH TO ‘BANANA-REPUBLIC-TYPE’ FINANCIAL SITUATION News Link  •  Obama Administration
SENATOR WARNS THAT US IS ON PATH TO ‘BANANA-REPUBLIC-TYPE’ FINANCIAL SITUATION
10-19-2009  •  Breitbart/You Tube 
"You can’t keep throwing debt on top of debt.”  Read Full Story
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Reported by:
Maxine Says: Take Down the Bird Feeder! Opinion  •  Immigration
Maxine Says: Take Down the Bird Feeder!
10-19-2009
Ed Vallejo
   Received in an e-mail and HAD to send it along!
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FDIC Bankrupt? Uh Huh Again News Link  •  Economy - Economics USA
FDIC Bankrupt? Uh Huh Again
10-19-2009  •  The Market Ticker 
Gee, who saw this one? Anyway, the point stands. The FDIC is clearly out of money, and this is nothing more than yet another legalized accounting fraud game, where they'll get "the money" now but allow the banks to "recognize" that "charge" over   Read Full Story
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Reported by:
Climate Change, Socialized Medicine and Population Control News Link  •  Climate Change
Climate Change, Socialized Medicine and Population Control
10-19-2009  •  Campaign for Liberty 
A Sick Twist "Indeed, it has been concluded that compulsory population-control laws, even including laws requiring compulsory abortion, could be sustained under the existing Constitution if the population crisis became sufficiently severe to end  Read Full Story
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Reported by:
Rights versus Entitlements News Link  •  Constitution
Rights versus Entitlements
10-17-09  •  Ken Demyen 
Something that has been bothering me for quite some time now is the definition of a 'right', as opposed to the definition of an 'entitlement'  Read Full Story
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Reported by: Ken Demyen
William Buppert: Archives
Feature Article  •  Revolutions, Rebellions & Uprisings
William Buppert: Archives
Ernest Hancock
   Past articles by William Buppert on LewRockwell.com - Bill is a welcome addition to FreedomsPhoenix as a writer and commentator. Here are some of his articles so you know what to look forward to.
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Einhorn bets on major currency collapse News Link  •  Currencies
Einhorn bets on major currency collapse
10-19-2009  •  Marketwatch 
Greenlight Capital manager David Einhorn said Monday that his hedge fund firm is betting on the possibility of a major currency collapse and a surge in interest rates, citing ballooning government deficits in some of the world's most developed countr  Read Full Story
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Reported by:
Dollar slips as U.S. equities up, Fed clarifies steps toward exit strategy News Link  •  Dollar Meltdown The
Dollar slips as U.S. equities up, Fed clarifies steps toward exit strategy
10-19-2009  •  Marketwatch 
The U.S. dollar started the week under pressure, sinking Monday after the Fed Bank of New York released a statement clarifying some recent activity that market participants had interpreted as preparation for removing some liquidity from the financial  Read Full Story
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Reported by:
Restarting the Job Machine
Why Stimulus 2.0 might backfire News Link  •  Obama Administration
Restarting the Job Machine Why Stimulus 2.0 might backfire
10-19-2009  •  News Week 
What can government do to crank up America's creaky job machine? We'll be arguing ferociously about that in coming months, and the answer, frankly, isn't clear. Diehard Keynesians insist that only more government spending and tax cuts will accelerate  Read Full Story
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Reported by:
VISTA SUCKS News Link  •  Technology: Software
VISTA SUCKS
10-19-2009  •  BLIMPTV.NET 
From Microsoft comes VISTA---the most torturous computing experience ever devised.   Read Full Story
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Reported by: Ernest Hancock
MADE IN CHINA: IMPORTING AMERICA TO ITS OWN DEATH Opinion  •  Economy - Economics USA
CONNECTING THE DOTS
MADE IN CHINA: IMPORTING AMERICA TO ITS OWN DEATH
10-19-2009
Frosty Wooldridge
   During the Bolshevik Revolution that led to communist Russia, Comrade Vladimir Lenin said, “Sell the capitalists enough rope and they will hang themselves!”
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Gartman: Congress Can Destroy The Fed If It Raises Rates Early News Link  •  Continental Congress 2009
Gartman: Congress Can Destroy The Fed If It Raises Rates Early
10-19-2009  •  The Business Insider 
No way will the Fed raise rates when politicians want them to be kept low,This morning on CNBC, a good discussion between Richard Bernstein and Dennis Gartman on the challenge facing the Fed. Neither think a rate hike is coming anytime soon, with Ber  Read Full Story
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Reported by:
Radio/TV Show  •  Declare Your Independence with Ernest Hancock - Radio
Host: Ernest Hancock
"Declare Your Independence with Ernest Hancock" Morning October 19th 2009
   Appleseed - "Where marskmanship met history, and the heritage began...". Revolutionary War Veterans Association. (Guess what a bunch of us from FreedomsPhoenix did for our weekend? :)
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Freedom Lives:  Feature Article  •  Economy - Economics USA
Freedom Lives:
Linda Hunnicutt
   Even with all the problems caused by those that like to do this we have managed to succeed with our project and it is now up and running with people on the ground proceeding with the construction of Freedom Project.
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The Economics and Politics of Health Care Reform Opinion  •  Healthcare
The Economics and Politics of Health Care Reform
10-19-2009
Scott Decker
   One aspect of debate that was not addressed, nor is it very often, is the thesis that the state is illegitimate; therefore, not competent to resolve any market issue, including health care.
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News Link  •  Corruption
Speaker Nancy Pelosi: "My Government Provided Jet Is Not Good Enough for Me"
10-19-2009  •  Judicial Watch via search starting from e-mail 
Madame Pelosi wants you and I to conserve our carbon footprint. REALLY!?!  Read Full Story
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Reported by: Ed Vallejo
3-D Halloween ObamaCare Horror Show News Link  •  Healthcare Industry
3-D Halloween ObamaCare Horror Show
10-19-2009  •  You Tube/Newsmax 
Healthcare not good enough for them but forced on you and who is Obama working with? Not those evil insurance companies he is yelling about....  Read Full Story
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Reported by:
IF Stone: An Iconic Radical Journalist Feature Article  •  Media: Print
IF Stone: An Iconic Radical Journalist
Stephen Lendman
   One of the best ever fourth estate members
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Oil Plateau News Link  •  Energy
Oil Plateau
10-19-2009  •  arclein 
We now know that conventional crude did in fact hit its peak-plateau in 2005, having remained around the 74 mbpd level ever since. The expected growth from non-OPEC mostly failed to materialize, as depletion of mature fields took its toll and the cos  Read Full Story
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Reported by: Robert Klein
Genesis Paradigm News Link  •  History
Genesis Paradigm
10-19-2009  •  arclein 
So the irony is that the god of genesis is a space born human being sent along to act as project manager. It appears that there was never a spiritual God as the all knowing master of the universe. I suspect, without close reading, that further insert  Read Full Story
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Reported by: Robert Klein
Dow Launches Solar Shingles & Nanosolar Vets Efficiency News Link  •  Energy
Dow Launches Solar Shingles & Nanosolar Vets Efficiency
10-19-2009  •  arclein 
At 16.4% efficiency, our foil cells represent two world records in one: It's the most efficient printed solar cell of any kind (all semiconductor and device technologies) as well as the most efficient cell on a truly low-cost metal foil (with a mater  Read Full Story
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Reported by: Robert Klein
Fluzone Package Insert News Link  •  Eugenics
Fluzone Package Insert
10-19-2009  •  Farm Wars 
The 2009 H1N1 Swine Flu vaccine that they will be using was initially approved in 1980. This is from their own documents, folks.  Read Full Story
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Reported by: Barbara Peterson
Countdown to December’s End of Sovereignty Treaty News Link  •  New World Order
Countdown to December’s End of Sovereignty Treaty
10-19-2009  •  Speak Truth 2 Power 
2009 just might be the last year of sovereignty for Amerika.   Read Full Story
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Reported by: Barbara Peterson
America makes first move to allow independent fund for poor countries   Reference Link  •  Climate Change
America makes first move to allow independent fund for poor countries
John Vidal 
   Will Obama will sign a treaty which will obligate the United States to pay third world countries for the damage caused by the alleged American carbon footprint at the December Copenhagen Conference?
Entered by: Dave Hodges
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Latam leftists agree on new currency, sanction Honduras News Link  •  Currencies
Latam leftists agree on new currency, sanction Honduras
10-18-2009  •  AFP 
Leftist Latin American leaders have agreed on the creation of a regional currency to scale back on the use of the US dollar as well as economic sanctions against Honduran coup leaders. Nine countries of ALBA, a leftist bloc   Read Full Story
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Reported by: Jean Carbonneau
Lloyds short-selling doubles as traders predict share collapse News Link  •  Economy - International
Lloyds short-selling doubles as traders predict share collapse
10-18-2009  •  Telegraph 
Short-selling in Lloyds Banking Group doubled last week in a sign that traders and hedge funds expect shares in the 43.5% state-owned bank to collapse when it launches a 25 billion pound fund-raising in order to escape the Government's asset protecti  Read Full Story
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Reported by: Jean Carbonneau
Hollywood film output likely to fall by a third News Link  •  Entertainment: Movies
Hollywood film output likely to fall by a third
10-18-2009  •  Guardian 
The number of films being produced by Hollywood is set to fall by more than a third as the major studios struggle against a twin threat, industry analysts say. Their problems stem from a dearth of funding and from the digital revolution  Read Full Story
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Reported by: Jean Carbonneau
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