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Date Sent: 2010-02-25
Freedom's Phoenix Global Edition for Thursday, February 25, 2010
 
Fed/Treasury Covert Tightening Alert: $200 Billion in liquidity to be withdrawn over next 8 weeks

Senate votes to extend USA Patriot Act for a year -- Libertarianism and the Tea Party Movement - by Barry Hess -- The Motor Home Diaries 3 File Intent-to-Sue Jones Co. Cops -- Explorer scouts = tomorrows killing machines -- A Regional Fed President Torpedoes Bernanke -- Hackers use Elvis passport to get through airport -- China's Hummer is Dead -- Government Growth Does Not Equal Economic Growth - by Bill Bonner -- Congress gave the Fed the power to pay interest on excess reserves -- Talk of Putting Fannie and Freddie on Gov. Books Freaks Market -- Treasury to Force IRA and 401k Money into Treasury Securities -- Economist Ken Rogoff: Now Predicts A China Collapse -- National Open Carry Day -- Google execs convicted in Italy for Down's video -- CIA briefed 68 lawmakers on interrogation program, including Pelosi -- New Home Sales Plunge 11% In January -- Blackwater took over 500 AK-47s from U.S. Military as Eric Cartman -- Warren Buffett Partner Says US economy 'Its Over" -- New Security Threat Against 'Smart Phone' Users



 

Fed/Treasury Covert Tightening Alert: $200 Billion in liquidity to be withdrawn over next 8 weeks News Link  •  Economy - Economics USA
Fed/Treasury Covert Tightening Alert: $200 Billion in liquidity to be withdrawn over next 8 weeks
02-24-2010  •  Google Search 
On the heels of the surprise discount window rate hike late last week, and on the eve of Bernanke’s Congressional testimony, speculation abounds as to the when and where of the next round of tightening. We need look no further than the US Treasury p  Read Full Story
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Reported by: Ernest Hancock
Senate votes to extend USA Patriot Act for 1 year News Link  •  911 / World Trade Center
Senate votes to extend USA Patriot Act for 1 year
02-24-2010  •  Yahoo! news 
"The Senate approved the bill on a voice vote with no debate. It now goes to the House".   Read Full Story
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Reported by: Charles Gillespie
Top-level informer affair embarrasses Hamas News Link  •  Palestine -- Israel
Top-level informer affair embarrasses Hamas
02-24-2010  •  AP 
Claims by the son of a Hamas founder in his new book that he was a long-term spy for Israel exposed a new side of the Islamic militant group's vulnerability and punched a hole in its meticulously groomed image of secrecy and discipline.   Read Full Story
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Reported by: Powell Gammill
Libertarianism and the Tea Party Movement Feature Article  •  Politics: Libertarian Campaigns
Libertarianism and the Tea Party Movement
Barry Hess
   The Tea Party Movement has become an undeniable force in contemporary American politics, and I think it is a very positive influence. What is incredible, is the total lack of comprehension of the olde-party pundits as to what the movement is all abo
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MHD3 Files Intent-to-Sue For Jones County, MS Incident News Link  •  Law Enforcers or Peace Officers
MHD3 Files Intent-to-Sue For Jones County, MS Incident
02-24-2010  •  Motor Home Diaries (h/t The Agitator) 
Jason, Adam and myself are seeking to hold accountable those from the Jones County Sheriff’s Department and the Mississippi Highway Safety Patrol that violated our rights on May 14th. Our awesome legal team recently submitted an intent-to-sue letter   Read Full Story
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Reported by: Powell Gammill
EXPLOSIVE NEWS 1000 architects and engineers question 911! News Link  •  911 / World Trade Center
EXPLOSIVE NEWS 1000 architects and engineers question 911!
02-24-2010  •  Washington Times 
A lingering technical question about the Sept. 11 terrorist attacks still haunts some, and it has political implications: How did 200,000 tons of steel disintegrate and drop in 11 seconds? A thousand architects and engineers want to know, and are cal  Read Full Story
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Reported by: Morpheus Titania
 The golden days of non-voting News Link  •  Voting and Elections
The golden days of non-voting
02-24-2010  •  Wendy McElroy 
[a Ron Paul rant] During election season, Sy Leon ("None of the above: Why non-voters are America's political majority") used to rent an oversized trailer into which he loaded two horses. Parking near a voting station, he half-opened the back of the   Read Full Story
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Reported by: Powell Gammill
It's all good at the top: survey shows near 100% employment $100k and up, 70% for wage earners. Feature Article  •  Employment & Jobs
It's all good at the top: survey shows near 100% employment $100k and up, 70% for wage earners.
Found Zero
   Got friends that say there's no recession? Haven't felt the bite yourself? Chances are you are in the top 13%. We have a "trickle-down, torrent-up" system of institutionalized wealth and poverty.
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Explorer scouts = tomorrows killing machines
*~UPDATED~*  (NY Times link is here!) News Link  •  Kids
Explorer scouts = tomorrows killing machines *~UPDATED~* (NY Times link is here!)
02-23-2010  •  the New York Times online 
Nazi history repeats itself with the "Obama Youth Corps" and now the "Explorer Scouts". These kids will bring down the freedom movement from the inside and turn against their own, quickly and without logic, sense or reason.  Read Full Story
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Reported by: Charles Gillespie
Radio/TV Show  •  Declare Your Independence with Ernest Hancock - Radio
Host: Ernest Hancock
Declare Your Independence with Ernest Hancock Afternoon February 24th 2010
   The Federal Reserve wants to create their own debt instruments... OMG
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A Regional Fed President Torpedoes Bernanke News Link  •  Federal Reserve
A Regional Fed President Torpedoes Bernanke
02-24-2010  •  LewRockwell.com 
Two events took place last week that would have been inconceivable a year ago. Ron Paul won CPAC's straw poll for 2012. And the president of the Fed of Philly gave a speech hostile to Federal Reserve policy.  Read Full Story
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Reported by: Chip Saunders
U.S. Department of Defense, Missile Defense Agency website News Link  •  Government
U.S. Department of Defense, Missile Defense Agency website
02-24-2010  •  US Dept of Defense 
The MDA has fielded an initial capability to protect the U.S and our allies against limited ballistic missile attack. The Ballistic Missile Defense System (BMDS) is becoming more integrated, robust, and global every day.  Read Full Story
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Reported by: Donna Hancock
Hackers use Elvis passport to get through airport News Link  •  Homeland Security
Hackers use Elvis passport to get through airport
02-24-2010  •  CNN 
In the name of improved security a hacker showed how a biometric passport issued in the name of long-dead rock 'n' roll king Elvis Presley could be cleared through an automated passport scanning system being tested at an international airport.  Read Full Story
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Reported by: Trouser Chili
Hummer is Pronounced Dead: Chinese Company Forced  into Reverse News Link  •  Economy - Economics USA
Hummer is Pronounced Dead: Chinese Company Forced into Reverse
02-24-2010  •  news.BBC.co.uk 
"GM will now work closely with Hummer employees, dealers and suppliers to wind down the business in an orderly and responsible manner," said John Smith, vice-president of corporate planning and alliances.  Read Full Story
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Reported by: Jack Gregson
Government Growth Does Not Equal Economic Growth Feature Article  •  Economy - Economics USA
Government Growth Does Not Equal Economic Growth
Bill Bonner
   A couple of years ago, we used to get such a kick out of making fun of the financial industry. Its pretensions were absurd and shocking. Its delusions were breathtaking. Its leaders were lunkheads and grifters.
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4409 -- The right and wrong way to stop photo radar! Feature Article  •  Videos by 4409
4409 -- The right and wrong way to stop photo radar!
Forty Four O Nine
   Nibbler and Dewey are at it again... but this time Dewey has a 99.9% chance of going to jail :)
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Radio/TV Show  •  Declare Your Independence with Ernest Hancock - Radio
Host: Ernest Hancock
Declare Your Independence with Ernest Hancock Morning February 24th 2010
   After the Lehman bankruptcy, Congress' amendment to the Federal Reserve Act gave the Fed the authority to pay interest on excess reserves (the Fed creates its own $ machine... AGAIN. Ernest does his best to explain this... Breaking News
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Talk of Putting Fannie and Freddie on Gov. Books Freaks Market News Link  •  Federal Reserve
Talk of Putting Fannie and Freddie on Gov. Books Freaks Market
02-24-2010  •  ZeroHedge.com 
Overtures to reform GSEs announced earlier helped everyone forget that Greek rioting does not fill a budget deficit and instead that we have a hole worth several trillion in the mortgage sector, that is currently unaccounted for.   Read Full Story
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Reported by: Jack Gregson
Treasury to Force IRA and 401k Money into Treasury Securities News Link  •  Economy - Economics USA
Treasury to Force IRA and 401k Money into Treasury Securities
02-24-2010  •  EconomicPolicyJournal.com 
Forget about hedging inside your 401k and IRA against inflation. Sooner than you think, you will not be allowed to own gold ETF's, gold mining stocks or gold related mutual funds in your 401k or IRA.  Read Full Story
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Reported by: Jack Gregson
Economist Ken Rogoff: Now Predicts A China Collapse News Link  •  China
Economist Ken Rogoff: Now Predicts A China Collapse
02-24-2010  •  businessinsider.com/ 
While Rogoff said he isn’t sure what will cause China’s bubble to pop, he said land is “the best bet” as it is “the most common source” of crises. Real estate values in Shanghai and Beijing have “taken a departure from reality,”  Read Full Story
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Reported by: Jack Gregson
Soldier activist, Open Carry on Base, National Open Carry Day News Link  •  Gun Rights
Soldier activist, Open Carry on Base, National Open Carry Day
02-28-2010  •  www.LCLReport.com 
We talk about National Open Carry Day and some of the acts of civil disobedience around the country. Is open carry to extreme, you decide? Activist's break bad laws to bring attention to them with peaceful open carry protests including a soldier goi  Read Full Story
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Reported by: Tarrin Lupo
Phoenix Budget Hearing 2/23/10: What is taxation? Feature Article  •  Arizona's Top News
Phoenix Budget Hearing 2/23/10: What is taxation?
Sharlene Holt
   Morpheus & Vengeancia: TIME FOR AUDIENCE PARTICIPATION! What would the act be called where I take money out of your wallet? What if I had someone else take the money out of your wallet? What would that act be called if...
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The Mirage in the Desert: Gordon's Downtown Phoenix and Gordon's Folly with Dubai News Link  •  Arizona's Top News
The Mirage in the Desert: Gordon's Downtown Phoenix and Gordon's Folly with Dubai
02-24-2010  •  Jon Garrido News Network 
What do Downtown Phoenix and Sand Castles in Dubai have in Common? Both are dismal failures and each is what Gordon leaves behind. The first mirage in the desert comes to a predictable end. Dubai's desert dream turns out to be a huge scam. Phoenix  Read Full Story
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Reported by: Morpheus Titania
Google execs convicted in Italy for Down's video News Link  •  Internet
Google execs convicted in Italy for Down's video
02-24-2010  •  Reuters 
A Milan court convicted 3 Google Inc executives for violating the privacy of an Italian boy with Down's syndrome by letting a video of him being bullied be posted on the site in 2006. [this is how they shut it down]  Read Full Story
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Reported by: Powell Gammill
CIA briefed 68 lawmakers on interrogation program, including Pelosi News Link  •  Torture
CIA briefed 68 lawmakers on interrogation program, including Pelosi
02-24-2010  •  Judicial Watch 
According to the documents, previously marked "Top Secret," between 2001 and 2007, the CIA briefed at least 68 members of Congress on the CIA interrogation program, including so-called "enhanced interrogation techniques."  Read Full Story
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Reported by: Powell Gammill
New $1 Billion US Embassy in London Needs Moat: Keeping Serfs at Bay News Link  •  Foreign Policy
New $1 Billion US Embassy in London Needs Moat: Keeping Serfs at Bay
02-24-2010  •  timesonline.co.uk/ 
A moat 30 metres (100ft) wide and rolling parkland will separate the building from the main road, protecting it from would-be bombers and removing the need for the blast barriers that so dismayed the people of Mayfair.   Read Full Story
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Reported by: Jack Gregson
The Bloom Box News Link  •  Energy
The Bloom Box
02-24-2010  •  60 minutes 
Large corporations have been testing a new device that can generate power on the spot, without being connected to the electric grid. Will we have one in every home someday? Lesley Stahl reports. (LINK REPAIRED)  Read Full Story
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Reported by: Tom Westbrook
New Home Sales Plunge 11% In January News Link  •  Housing
New Home Sales Plunge 11% In January
02-24-2010  •  businessinsider.com/ & CalculatedRiskblog.com 
This is 11.2 percent (±14.0%)* below the revised December rate of 348,000 and is 6.1 percent (±15.1%)* below the January 2009 estimate of 329,000.  Read Full Story
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Reported by: Jack Gregson
John Stuart's Civil Right's Violation Lawsuit Documents Feature Article  •  Arizona's Top News
John Stuart's Civil Right's Violation Lawsuit Documents
Powell Gammill
   Documents in John Stuart's civil rights suit against his prosecutor and judge, with others, as well as a new murder trial court hearing date this Friday.
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Narco-State Image Could Impact AZ’s Economic Recovery News Link  •  Arizona's Top News
Narco-State Image Could Impact AZ’s Economic Recovery
2/23/2010  •  Joan Foltz, www.alsekresearch.com 
CHANDLER, Az " Accelerating national coverage of the violent drug wars expanding across the border into Phoenix could impede Arizona’s economic come back. In December, National Geographic ran a special “Narco State” that portrayed the drug rela  Read Full Story
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Reported by: Joan Foltz
11.3 Million U.S. Properties with Negative Equity: Arizona 2nd with 51% News Link  •  Housing
11.3 Million U.S. Properties with Negative Equity: Arizona 2nd with 51%
02-24-2010  •  CalculatedRiskBlog.com 
Negative equity is concentrated in five states: Nevada, which had the highest percentage negative equity with 70 percent, followed by Arizona (51 percent), Florida (48 percent), Michigan (39 percent) and California (35 percent).   Read Full Story
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Reported by: Jack Gregson
Blackwater took over 500 AK-47s from U.S. Military as Eric Cartman News Link  •  Military
Blackwater took over 500 AK-47s from U.S. Military as Eric Cartman
02-24-2010  •  washingtonindependent.com 
On at least one occasion, an individual claiming to work for the company evidently signed for a weapons shipment using the name of a “South Park” cartoon character.   Read Full Story
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Reported by: Jack Gregson
More Neo-Con Fear Mongering Feature Article  •  Seriously?
More Neo-Con Fear Mongering
Jet Lacey
   Geez, I'm quickly tiring of all these crises. There's the economy, global warming, health care, Islamic and Domestic terrorism, etc...but now there's this NEW and BIGGER crisis? Has anyone else heard of this?
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PART 1: OVERPOPULATION IN 21ST CENTURY AMERICA--OUR PERILOUS FUTURE Opinion  •  Environment
CONNECTING THE DOTS
PART 1: OVERPOPULATION IN 21ST CENTURY AMERICA--OUR PERILOUS FUTURE
02-24-2010
Frosty Wooldridge
   With accelerating ‘symptoms’ exploding across America and the world via water and food shortages, species extinction rates, energy crises, climate destabilization, ocean dead zones and more ramifications on multiple levels"we find ourselves passenger
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1000 trucks per day for 1000 days News Link  •  Natural Disasters
1000 trucks per day for 1000 days
02-24-2010  •  arclein 
Massive mounds of rubble are blocking drains and canals that are crucial in preventing floods when the heavy rains begin around May. Those made homeless by the quake who live in low-lying camps face more catastrophe if flooding occurs.  Read Full Story
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Reported by: Robert Klein
Buffet Partner Believes 'Its Over News Link  •  Economy - Economics USA
Buffet Partner Believes 'Its Over"
02-24-2010  •  arclein 
Munger uses the form of a parable to explain how Wall Street’s love affair with gambling has destroyed America’s Main Street.  Read Full Story
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Reported by: Robert Klein
Development of THAI News Link  •  Science, Medicine and Technology
Development of THAI
02-24-2010  •  arclein 
Greaves saw this as an indication that industry experts had, by now, reached the conclusion that THAI might work after all! (Publisher: It's an energy thing)   Read Full Story
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Reported by: Robert Klein
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