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Date Sent: 2009-10-21
Freedom's Phoenix Global Edition for Wednesday, October 21, 2009 AM edition |
Citigroup, JP Morgan Chase, Wells Fargo to Lose FDIC Debt Guarantees
Secret Service strained as leaders face more threats --
House Dems trim health bill to $871B -- Senate OKs transfer of Gitmo detainees to US -- Vice President: "It's a Depression" -- US Hyperinflation Leads to the new Obama Bill -- CA Imperial Co. 30% Unemployment here! -- Big Pharma To Profit From Health Care Reform -- You Are Urged to Rat Out Your Bearded Neighbors -- Innocence Project in standoff with Cook Co. prosecutors (Sweet!!!!)
-- PIMCO Dumps $80 Billion in Fed-Sponsored Agencies On Taxpayer's Lap
-- Niall Ferguson: The Dollar Is Finished And The Chinese Are Dumping
It -- Hank Paulson Held Secret Moscow Meeting With Goldman Sachs -- Health Bill Is 1,502 Pages Long So Far -- Hussman: The Stock Market Has Never Been This Overbought -- OnStar Halts California High-Speed Pursuit
AZ: Liberty on the Rocks Tonight; Thursday Breakfast -- Rep. Cecil Ash on Faith and Rationalism
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News Link • Federal Reserve
Citigroup (C), JP Morgan Chase (JPM), Wells Fargo (WFC) and Others to Lose FDIC Debt Guarantees
10-20-2009
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American Banking News
Some of the nation’s largest financial companies, including Citigroup (NYSE: C), GE Capital (NYSE: GE), JPMorgan Chase (NYSE: JPM), Wells Fargo (NYSE: WFC), Bank of America (NYSE: BAC) and others will no longer have certain debt guaranteed by the fed
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News Link • Obama Administration
Secret Service strained as leaders face more threats
10-20-2009
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Boston Globe
The unprecedented number of death threats against President Obama, a rise in racist hate groups, and a new wave of antigovernment fervor threaten to overwhelm the US Secret Service raising questions about the 144-year-old agency’s overall mission.
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Reported by:
Powell Gammill
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News Link • Iran
“US preparing to attack Iran”
10-20-2009
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Russia Today
“It seems quite clear that the contingencies are being set for a potential US attack on Iranian nuclear facilities,” investigative journalist Wayne Madsen told RT after returning from training facilities in the USA.
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News Link • Conspiracies
Documents raise skepticism on Hill about Bank of America
10-20-2009
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Washington Post
Congressional investigators think that reams of internal documents turned over by Bank of America show its executives were alarmed by mounting losses at Merrill Lynch well before shareholders voted to approve the merger.
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Reported by:
Powell Gammill
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News Link • Torture
Justices to Decide on U.S. Release of Detainees
10-20-2009
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NY Times
The Supreme Court on Tuesday agreed to decide whether federal courts have the power to order prisoners held at Guantánamo Bay to be released into the United States. [A month after Guantanamo is closed - big deal.]
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Reported by:
Powell Gammill
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News Link • Continental Congress 2009
Democratic Senators sound alarm on red ink
10-20-2009
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The Hill
Senate Democrats are pressing Majority Leader Harry Reid to address the nation’s rising debt with a special legislative process, despite reluctance from the White House and House leaders.
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News Link • Continental Congress 2009
Bill to tighten rules on ratings agencies has big loopholes
10-20-2009
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McClatchey
A key House of Representatives committee is set to vote soon on legislation that would overhaul financial regulation and produce greater transparency for investors, but as it's now written it fails to address many of the credit-rating agency misstep
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News Link • TAXES: Federal
Taxpayers now bailing out bus industry
10-20-2009
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One News Now
An energy analyst is outraged that taxpayer dollars are being used for a bailout of the bus industry that's comparable to the now defunct "cash for clunkers" program.
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News Link • Welfare: Political
CBO $123 million proposed on PASS ID
10-20-2009
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BeatTheChip.org
A full expense report was recently released by the CBO estimating the costs of PASS ID. A PDF of complete report is available for download via GovTrack.us
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Reported by:
Sheila Dean
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News Link • Obama Administration
Here's why Obama and the Democratic Leaders in Congress
have become Wall Street's obedient
10-20-2009
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The Golden Truth
Goldman Sachs CEO, Lloyd Blankfein to Obama: "Here boy, be a good dog and SIT"
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News Link • Currencies
How High Can Gold Go?
10-20-2009
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The Golden Truth
There are lots of different methodologies you can use to derive a benchmark price to measure possible price targets for the yellow dog. One such measuring stick is proved by John L. Williams' Shadow Statitistics, which tracks Government-reported ec
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News Link • Healthcare
House Dems trim health bill to $871B
10-20-2009
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AP
House Democrats have cut the cost of their health care bill from more than $1 trillion over 10 years to $871 billion over a decade. The $871 billion is well within President Barack Obama's preferred price tag of $900 billion over a decade. Speaker Na
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Reported by:
Powell Gammill
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News Link • Military
As the Commander in Chief Deliberates, Frustration Builds Within the Ranks
10-20-2009
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NYT
But now, after nearly a month of deliberations by Mr. Obama over whether to send more American troops to Afghanistan, frustrations and anxiety are on the rise within the military.
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News Link • Military
Senate OKs transfer of Gitmo detainees to U.S.
10-20-2009
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AP
President Barack Obama won a modest victory in his effort to close the Guantanamo Bay prison in Cuba, with a Senate vote that allows the government to continue to move detainees at the facility to the U.S. to be prosecuted.
The measure passed the
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Reported by:
Powell Gammill
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News Link • Food
Artificial Sweeteners: How Bad Are Saccharin, Aspartame?
10-20-2009
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Time
This week marks the 40th anniversary of the FDA decided to ban cyclamate, the first artificial sweetener prohibited in the US, and yet scientists still haven't reached a consensus about how safe (or harmful) artificial sweeteners may be. Shouldn't we
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Reported by:
Powell Gammill
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News Link • Currencies
Is alternative to dollar in works?
Plan for 'Special Drawing Rights' creates competition fo
10-20-2009
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WND
The administration of President Barack Obama, without congressional authorization, is advancing a plan that could end the use of the U.S. dollar as the world reserve currency by setting up International Monetary Fund Special Drawing Rights to compete
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News Link • Declaration of Independence
U.S. Constitution supercedes international treaty
10-20-2009
No agreement with a foreign nation can confer power on the Congress or any other branch of government, which is free from the restraints of the Constitution.
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Reported by:
Sheila Dean
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News Link • Depression
Biden: "It's a Depression For Millions of Americans"
10-20-2009
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Washington;s Blog
[Asked how he views it, Biden responded:] Well, it's a depression. It's a depression for millions of Americans, through no fault of their own.
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News Link • Obama Administration
US Hyperinflation Leads to the new Obama Bill
10-20-2009
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Daily Reckoning
With news today that the government finalized its $1.417 trillion budget deficit, which is 10% of US GDP, it’s no real surprise that the Mint has had to turn to
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News Link • Justice and Judges
You can’t sue Mother Nature
10-20-2009
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Political Class Dismissed (HT Liberty Pulse)
But you can launch a crazy lawsuit against companies for allegedly causing global warming which in turn caused a hurricane according to the US Court of Appeals for the Second Circuit.
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News Link • Sexuality: Sex and the Law
Global Implications of Sharia Law
10-20-2009
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Jerry Hendershot
In the Muslim faith a Muslim man can marry a child as young as 1 year old and have sexual intimacy with this child. Consummating the marriage by 9.
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Reported by:
Barbara Peterson
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News Link • Obama Administration
Editorial: Is Goldman Sachs (NYSE:GS) Obama’s Personal Financial Farm Team?
10-20-2009
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American Banking News
For example, the Goldman Sachs executives being hired at such a rate into key government financial positions as to raise serious questions and doubts as to the veracity of transparency and integrity in doing so. It seems with complete aplomb concerni
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News Link • Depression
California Imperial County 30% Unemployment here!
10-20-2009
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You Tube
The Cemetary is in foreclosure.
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News Link • States' Rights
They Can’t Push Us Around Forever
10-20--2009
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State Rep. Susan Lynn (TN-57th)
The Tenth Amendment defines the total scope of federal power as being that which has been delegated by the people to the federal government, and also that which is absolutely necessary to advancing those powers specifically enumerated in the Constitu
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Reported by:
Michael Boldin
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News Link • Obama Administration
Obama As Nixon: Enemies List First Appeared in Campaign
10-20-2009
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Mondo Frazier
We’re hearing words like “Nixonian” and “The White House Enemies List” lately. The WH’s focus is now on Fox News, but the enemies list first made its appearance on Obama’s campaign website, Fightthesmears.com last July. The names have changed, but th
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Reported by:
Randy Ricochet
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News Link • Surveillance
FILM REVIEW: "One Mainframe to Rule Them All"
10-20-2009
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BeatTheChip.org
One Mainframe to Rule Them All - is a 50 minute documentary produced by Greg Nickolettos. The film starts with a monologue from Nazi Nexus author Edwin Black on WWII datalust and IBM. It then swiftly moves to current events surrounding injectible ide
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Reported by:
Sheila Dean
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News Link • TAXES: Federal
Big Pharma To Profit From Health Care Reform
10-20-2009
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Slate
The list is hardly a surprise. "The drug industry stands to gain in a health-care overhaul by getting tens of millions of newly insured customers. The $829 billion plan being worked over by Congress would extend health coverage to 29 million American
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News Link • Continental Congress 2009
Democrats lock Republicans out of committee room
10-20-2009
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The Hill
Towns’ action came after repeated public ridicule from the leading Republican on the committee, Rep. Darrell Issa (R-Calif.), over Towns’s failure to launch an investigation into Countrywide Mortgage’s reported sweetheart deals to VIPs.
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News Link • Healthcare
Analysis: Courting doctors in health care battle
10-20-2009
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Google
Yet the AMA won't yet pledge support for the major health care bill that is the chief objective of the White House and congressional Democrats, despite a request that several officials say was made at a meeting last week with Senate Majority Leader H
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News Link • TERRORISM
Sincere People on YouTube Urge You to Rat Out Your Bearded Neighbors
10-20-2009
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Reason / Katherine Mangu-Ward
Today's creepy Orwellian public service announcement is brought to you by the city of Los Angeles. Enjoy the :23 mark, where we learn that reporting is easy, and critical thinking is hard.
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Reported by:
Brock Lorber
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News Link • Criminal Justice System
Northwestern University's Medill Innocence Project is in a standoff with Cook County prosecutors
10-20-2009
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Chicago Tribune
[After student uncovered a wrongful conviction] the Cook County state's attorney subpoenaed the students' grades, notes and recordings of witness interviews, the class syllabus and even e-mails.
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Reported by:
Brock Lorber
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News Link • Federal Reserve
How the Federal Reserve Bailed Out The World
10-20-2009
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Zero Hedge
When the financial system almost imploded in the fall of 2008, one of the primary responses by the Federal Reserve was the issuance of an unprecedented amount of FX liquidity lines in the form of swaps to foreign Central Banks.
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Reported by:
Jean Carbonneau
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News Link • Federal Reserve
Fed Pressure Increases As Merkley, Corker Introduce Legislation To Audit The Fed, Protect Taxpayer D
10-20-2009
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Zero Hedge
We diligently await the retorts from Senators Kyl and Hagan on how this is an "unnecessary" piece of transparency-promoting legislation, which will merely attempt to prevent the destruction of the endangered species better known as Americanus Middlec
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News Link • TAXES: Federal
PIMCO Dumps $80 Billion of Fed-Sponsored Agencies On Taxpayer's Lap; Makes Over $1 Billion
10-20-2009
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Zero Hedge
As everyone else has been cheering the revival of the housing bubble, one person has been busy offloading a significant portion of his exposure to housing: Bill Gross. And the direct sponsor of billions of dollars hitting Mr. Gross' Wells Fargo banki
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News Link • Activism
Had Enough? Time For A Boycott!
10-20-2009
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The Market Ticker
Have you had it with the scams, frauds, "mark to myth" and lies?
Tired of this sort of garbage - being punished for being responsible?
You may believe that your exemplary behavior shields you from unexpected credit card fees. Sadly, that is no
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News Link • Dollar Meltdown The
Niall Ferguson: The Dollar Is Finished And The Chinese Are Dumping It
10-20-2009
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The Business Insider
Economic historian Niall Ferguson warns that China's love affair with the dollar is fading faster than anyone realizes.
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News Link • Economy - Economics USA
Hank Paulson Held A Secret Meeting With Goldman Sachs In Moscow
10-20-2009
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The Business Insider
During that long summer between the collapse of Bear Stearns and the collapse of Lehman Brothers, Hank Paulson held a secret meeting with the board of Goldman Sachs in Moscow.
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News Link • Healthcare Industry
Health Bill Is 1,502 Pages Long (This Version)
10-20-2009
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Economic Policy Journal
Senate Finance Committee members have been notified that the committee's health reform bill has been filed today. S. 1796 is 1,502 pages long.
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News Link • Economy - Economics USA
Hussman: The Stock Market Has Never Been This (Intermediate-Term) Overbought
10-20-2009
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Economic Policy Journal
I have talked a lot about the market uptrend being a "dead cat bounce".
What's a dead cat bounce?
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News Link • Drug War
Gallup poll finds record support for legalizing marijuana
10-20-2009
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Digital Journal
A new study by Gallup shows almost half of Americans -- a record number -- are in support of legalizing and taxing marijuana for recreational use by adults.
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News Link • Corruption
Road rage case against AJ vice mayor sent for review
10-20-2009
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AZCentral.com
[Aggravated assault? I'm thinking assault with a deadly weapon.] The case against Apache Junction Vice Mayor R.E. Eck was sent to the Gila County Attorney's Office for review to determine if he should face felony charges over an early-morning road r
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Reported by:
Justin Tyme
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News Link • Law Enforcers or Peace Officers
Calif. Man, 19, Dies After Police Use A Taser On Him
10-20-2009
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Officer.com
SAN BERNARDINO, Calif. - Police say a 19-year-old man has died in Southern California after officers used a Taser to subdue him at a board-and-care facility.
A San Bernardino police department statement says the man died at a hospital early Saturd
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Reported by:
Justin Tyme
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News Link • Law Enforcers or Peace Officers
Ohio Mayor Says He Was Set Up for Police Stop
10-20-2009
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Officer.com
[..."the police officer handled the situation properly and responsibly." Hehe]The mayor of Akron said a 911 call reporting him for erratic driving over the weekend was orchestrated for political purposes.
In a statement released Monday, Mayor Don
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Reported by:
Justin Tyme
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News Link • Surveillance
OnStar Halts California High-Speed Pursuit
10-20-2009
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Officer.com
[It's started!] When two Visalia, Calif., police officers swung their cruisers behind a sport utility vehicle that had been carjacked at gunpoint early Sunday, they prepared for a dangerous high-speed chase.
The 2009 Chevrolet Tahoe roared away wi
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Reported by:
Justin Tyme
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News Link • Activism
Liberty on the Rocks! meets tomorrow night
10-20-2009
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Daniel Heller
A splendid mix of grass roots activism, libations, and good conversation. We are a group of citizens who endeavor to limit the reach of government into our personal lives, to ensure life, liberty, and the pursuit of happiness. Join us for a meeting o
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Reported by:
Daniel Heller
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