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Date Sent: 2010-05-08
Freedom's Phoenix Global Edition for Saturday, May 8, 2010 |
Fed to Open Currency Swap Lines: Is The Fed About to Save the Europeans?
Ignorance Or Defiance Of The Law? When Officials Trample Parental
Rights - by Sharon Secor -- Bob Barr’s “Lessons in Liberty” #1: Pay
Your Ghostwriter -- 40 million American's Now On Food Stamps -- Mish: Fed Does Not Want an Audit - America is Wall Street's Sucker -- Euro Surges As Rumor That ECB Will Bail Out 1,100 European Banks -- Nouriel Roubini: US faces inflation or default --
How Is Our Economy To Succeed When Our Politicians And Banks Are
Betting Against It? -- Stocks Hammered Again As European Bank Fears
Reignite -- 20 Things You Will Need To Survive When The Economy Collapses -- PREPARATIONS FOR FIRST FALCON 9 LAUNCH
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News Link • Federal Reserve
Fed to Open Currency Swap Lines: Is The Fed About to Save the Europeans?
05-07-2010
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ZeroHedge.com
The Fed is considering reopening swap lines with central banks, likely in conjunction with the rumored rescue package. This is the news that shot the market up in the last 10 minutes of trading as the Fed would never allow the market to close...
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Reported by:
Jack Gregson
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News Link • Law Enforcers or Peace Officers
Police: No criminal intent in NH bus bomb scare
05-07-2010
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AP
The words "bomb on the bus" heard from a cell phone set it all off: Downtown Portsmouth shut down, businesses and homes evacuated, sharpshooters and an armored vehicle rolling in. Authorities did not release the name of the passenger
Read Full Story
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Reported by:
Powell Gammill
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News Link • Space Travel and Exploration
Weird Water in Space is Electrically Charged
05-07-2010
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Space
A new 'phase' of water that is electrically charged has been discovered in space for the first time. Unlike the three more familiar phases of water " namely solid ice, liquid water and gaseous steam " this newfound 'phase' doesn't occur naturally on
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Reported by:
Powell Gammill
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News Link • Activism
T-shirt with dead soldier's name is protected speech
05-07-2010
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Capitol Media Services
Relatives of Iraqi war dead can’t sue a Flagstaff anti-war activist for using their dead soldiers’ names on a T-shirt, a federal judge has ruled.
U.S. District Court Judge Ronnie Greer this week threw out a $40 billion claim filed against Dan Fraz
Read Full Story
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Reported by:
Powell Gammill
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News Link • Camera Fraud
New device helps detect photo radar
05-07-2010
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AZFamily.com
With DPS ending its contract with Redflex this summer, the cities will still keep photo radar. One inventor came up with the idea to create the GPS Angel that was tested by an AZ 3TV reporter.
Read Full Story
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Reported by:
Mike Renzulli
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News Link • Economy - Economics USA
Amazing Audio From The S&P 500 Pits As The Market Goes Into Complete Collapse
05/07/2010
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godlikeproductions.com
Try listening to this audio from the "epicenter of the meltdown." (MP3)
Read Full Story
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Reported by:
Phennommennonn GLP
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News Link • Federal Reserve
Warp 10 Mr. Scott: Short Term Treasury Bond Roll Rate
05-07-2010
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ZeroHedge.com
We have gotten to the point where the roll issue is not a monthly concern, but is becoming a weekly funding threat, and even daily. Of course, as we speculated in December, what better way to raise demand for Treasuries than stage an equity selloff.
Read Full Story
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Reported by:
Jack Gregson
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News Link • Books
Bob Barr’s “Lessons in Liberty” #1: Pay Your Ghostwriter
05-07-2010
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James Bovard
...Bob Barr captured the Libertarian Party nomination for presidential candidate, his campaign manager, Russ Verney, requested that I ghostwrite a campaign book. We came to terms, I wrote a book, and the campaign released Bob Barr’s Lessons in Libert
Read Full Story
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Reported by:
Ernest Hancock
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News Link • Activism
Adam Kokesh Pushing Toward Primary
05-07-2010
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Sharlene Holt, Musicians for Freedom
With only a few weeks left until the Republican primary, the Kokesh campaign is gearing up and getting ready for their get out the vote efforts to mobilize supporters and get Adam Kokesh elected. They are inviting volunteers to travel to Santa Fe...
Read Full Story
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Reported by:
Sharlene Holt
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News Link • Activism
Announcing FREEDOM FRIDAYS Demonstrations
05-07-2010
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CameraFRAUD - The Cameras are Coming Down
Summer is here, and it's time to turn up the heat on American Traffic Solutions.
Automated ticketing and warrantless mass-surveillance of the population is unacceptable in a true, free society. ATS has a long track record of ignoring the ve
Read Full Story
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Reported by:
David Alpha
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News Link • Philosophy: Conservatism
Left Attacks on the Tea Party
05/07/2010
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Uncommon Sense
Where is the media outrage over the hate speak being used by the left as they continue their attacks on the Tea Party movement? The mainstream media has shown that they are willing to run with almost any story about “bad behavior” by Tea Party
Read Full Story
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Reported by:
Dave Johannes
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News Link • Tea Party
2010:the dawning of Socialism in America?
05/07/2010
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Uncommon Sense
In 1948 while campaigning for president, Norman Thomas of the Socialist Party of America said “The American people will never knowingly adopt Socialism. But under the name of ‘liberalism’ they will adopt every fragment of the Socialist program, until
Read Full Story
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Reported by:
Dave Johannes
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News Link • Economy - Economics USA
What Recovery: 39.68 million American's Are Now On Food Stamps
05-07-2010
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Reuters.com/
USDA estimates enrollment will average 40.5 million people this fiscal year, which ends Sept 30, at a cost of up to $59 billion. For fiscal 2011, average enrollment is forecast for 43.3 million people.
Read Full Story
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Reported by:
Jack Gregson
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News Link •
Poor man's Gatorade saves Bangladeshi kids
5-7-2010
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AP / The Telegraph
"Bangladesh, one of the world's poorest countries, is a leader in the fight against diarrhea, which is the number two killer of children under age 5 worldwide after pneumonia. Diarrhea claims 1.5 million kids annually - more than AIDS, malaria and
Read Full Story
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Reported by:
Concerned Patriot
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News Link • Humor
Public Employee of the Year Award
05-07-2010
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SNL (h/t Joe Cobb)
A night to honor America's government worker.
Read Full Story
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Reported by:
Powell Gammill
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News Link • Federal Reserve
The Double Whammy: Deflation Tightens Monetary
Policy for Fed
05-07-2010
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Bloomberg.com
Inflation that’s too low raises the possibility of outright deflation and doesn’t ease the real burden of debt, Bernanke said in a 2003 speech. A falling inflation rate also increases real interest rates, effectively tightening monetary policy, he sa
Read Full Story
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Reported by:
Jack Gregson
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News Link • Federal Reserve
Affable Escorts for The Fed and Status Quo
05-07-2010
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FireDogLake.com
Good for Ron Paul for telling Rahm and his little pro-bank whip operation to get stuffed. He’s seizing a moment of transpartisan anger at the banks and he’s pointing it straight at the Wall Street apologists. It will be interesting to see how far..
Read Full Story
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Reported by:
Jack Gregson
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News Link • Federal Reserve
Mish: Fed Does Not Want an Audit - America is Wall Street's Sucker
05-07-2010
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GlobalEconomicAnalysis.blogspot.com
Let's put them under some degree of restraint before it all comes crashing down, on us."
Read Full Story
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Reported by:
Jack Gregson
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News Link • Homeland Security
Size Matters: TSA Employee Beats Up Boss Over the Scan of His Package
05-07-2010
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Infowars.com/
44-year-old Rolando Negrin beat his supervisor with a police baton after he had cracked jokes about Negrin’s small manhood when he walked through a naked scanner as part of a training exercise at Miami International Airport.
Read Full Story
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Reported by:
Jack Gregson
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News Link • Propaganda
Fed’s Plosser Says Recovery on ‘Sustainable Path’ as Jobs Gain
05-07-2010
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Bloomberg.com
Federal Reserve Bank of Philadelphia President Charles Plosser said the U.S. economy’s recovery is “on a sustainable path” and job growth will pick up after a government report today showed 520,000 hires in two months.
Read Full Story
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Reported by:
Jack Gregson
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News Link • Economy - International
Euro Surges As Rumor That ECB Will Bail Out 1,100 European Banks
05-07-2010
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ZeroHedge.com
Euro (and the market) surging on rumors that the ECB is preparing to bail out 1,100 banks in Europe. And with that the bailout moves officially to Europe. From the dealer community:
Read Full Story
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Reported by:
Jack Gregson
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News Link • Bill of Rights
Joe Lieberman: We Will Decide Who Has Terrorist Sympathies
05-07-2010
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NYtimes.com/
“It reflects the changing nature of war and recent events,” Mr. Brown said Thursday. “War has moved into a new dimension. Individuals who pick up arms " this is what I believe " have effectively denounced their citizenship...
Read Full Story
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Reported by:
Jack Gregson
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News Link • Economy - Economics USA
Nouriel Roubini: US faces inflation or default
05-07-2010
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gulfnews.com/business/
So, there is a massive buildup of public debt. And the lesson of history is that unless this buildup of sovereign debt is tackled eventually by raising taxes and controlling spending, then there are only two outcomes: default or high inflation.
Read Full Story
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Reported by:
Jack Gregson
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News Link • Economy - International
Greek protesters encircle parliament as new austerity measures approved
05-07-2010
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news.xinhuanet.com/english
Tens of thousands of Greek citizens marched in the center of Athens on Thursday afternoon, encircling the parliament building, while inside the bill on the new austerity measures was approved.
Read Full Story
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Reported by:
Jack Gregson
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News Link • Iran
Philip Giraldi: A Timetable For War
05-07-2010
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InformationClearingHouse.info
I think the Israelis will make their move before August. They want to entangle the United States into fighting on their behalf but they will not necessarily want to humiliate Obama while doing so.
Read Full Story
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Reported by:
Jack Gregson
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News Link • Science, Medicine and Technology
Evidence Suggests Early Humans Mated with Neanderthals
05-07-2010
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spiegel.de/international
"Those of us who live outside Africa carry a little Neanderthal DNA in us," Pääbo says. The study estimates that between 1 and 4 percent of non-African DNA is inherited from these long-ago liaisons with our Neanderthal cousins.
Read Full Story
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Reported by:
Jack Gregson
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News Link • Housing
New Housing Affordability Index: Phoenix Housing is Still Too Expensive
05-07-2010
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AZcentral.com
A higher share of Phoenix neighborhoods are out of reach for those families than are New York City neighborhoods for median-income earners there, the center said.
Read Full Story
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Reported by:
Jack Gregson
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News Link • Housing
High-End Homeowners Falling Into Foreclosure Trap
05-07-2010
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CNBC.com
Heated pools, ocean views and media rooms are not what most people would expect to find in a foreclosed property, but more high-end homes"priced over a million dollars"have been falling into the hands of banks this year.
Read Full Story
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Reported by:
Jack Gregson
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News Link • Economy - Economics USA
Deflation: Governments Revenue Squeezed on Two Sides
05-07-2010
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EconomicPolicyJournal.com
Money flow is slowing during such a period, the money isn't out there to buy the government bonds that various jurisdictions want to issue . It is a situation where government gets squeezed from both sizes, less revenue and less ability to borrow.
Read Full Story
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Reported by:
Jack Gregson
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News Link • Conspiracies
How Is Our Economy To Succeed When Our Politicians And Banks Are Betting Against It?
05-07-2010
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The Economic Collapse blog
It is one thing to make a legitimate profit on an investment. It is another thing entirely for the biggest financial institutions in the United States and our politicians to be making massive amounts of money off of the economic collapse of America.
Read Full Story
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Reported by:
Powell Gammill
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News Link • Arizona's Top News
Arizona to eliminate speed cameras on highways
05-07-2010
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Yahoo News
Arizona is ending a groundbreaking and contentious program that put speed cameras along Phoenix-area freeways and in vans deployed across the state.
Read Full Story
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Reported by:
Donna Hancock
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News Link • Weather News - Links - History
Laser creates clouds over Germany
05-07-2010
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NewScientist
A laser has been used to generate small clouds on demand in lab, and real-world experiments suggest this could be a way to call down rain when it's needed.
Read Full Story
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Reported by:
Donna Hancock
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News Link • Economy - Economics USA
20 Things You Will Need To Survive When The Economy Collapses
05-07-2010
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Businessinsider.com/
Today, millions of Americans say that they believe that the United States is on the verge of a major economic collapse and will soon be entering another Great Depression. But only a small percentage of those same people are prepared for that to happ
Read Full Story
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Reported by:
Jack Gregson
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News Link • Economy - Economics USA
Stocks Hammered Again As European Bank Fears Reignite
05-07-2010
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Businessinsider.com/
It's starting over. The NASDAQ is what's really getting crushed, down over 3%.
The Dow is moving around, but down over 211.
Read Full Story
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Reported by:
Jack Gregson
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News Link • Economy - Economics USA
Market Timing Master: Barry Ritholtz was 100 Percent Cash Yesterday
05-07-2010
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Ritholtz.com
The short answer: We are now all cash. We have no positions long or short. We are actively looking for shorts.
Read Full Story
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Reported by:
Jack Gregson
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News Link • Economy - Economics USA
Denninger on Yesterday's Plunge: You Need a Lobotomy If
05-07-2010
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Market-ticker.denninger.net/
If you had any doubt about what I have been talking about during this entire ramp job off 666 - that the so-called "bull market" was in fact not much more than a handful of institutions buying shares with free Fed money...
Read Full Story
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Reported by:
Jack Gregson
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News Link • Economy - Economics USA
Propaganda: BLS Reports Fake +290K Payrolls - Birth Death Model + 188,000
05-07-2010
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ZeroHedge.com
290,000 of which census was 66k and Birth Death was 188k. Hurray -the economy added a real 36k in jobs in April.
Read Full Story
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Reported by:
Jack Gregson
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News Link • Science, Medicine and Technology
Frankincense and Cancer
05-07-2010
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arclein
Scientists have observed that there is some agent within frankincense which stops cancer spreading, and which induces cancerous cells to close themselves down. He is trying to find out what this is.
Read Full Story
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Reported by:
robert klein
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News Link • Military
New World Sniper Record
05-07-2010
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arclein
Individual snipers routinely account for more kills than entire battalions operating in the same place at the same time, hit the target almost every time, and each bullet costs around €2. What’s more, snipers inflict a psychological terror on an ene
Read Full Story
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Reported by:
robert klein
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News Link • Energy
Lawrenceville Plasma Hits 1 Mega Amp
05-07-2010
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arclein
After six months of modifying the switches, LPP finally achieved the firing of all 12 switches within 25 ns of each other in four shots on April 26. At a charging voltage of 30 kV, we achieved our first pinch at over 1 mega-amp (MA). The fill pressur
Read Full Story
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Reported by:
robert klein
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News Link • Energy
Wind Turbine Advances
05-07-2010
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arclein
"A direct drive system eliminates all the gears," Buttefield explained. "Now you're reduced to only two bearings or maybe one bearing that supports a large diameter rotor...and that's it. So you have literally one moving part -- the rotor. So ju
Read Full Story
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Reported by:
robert klein
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Feature Article • Casey Research Articles
Three Mile Island for U.S. Oil
David Galland
Willie Shakespeare may have summed it up best when, borrowing the voice of King Richard III, he penned “A horse! A horse! My kingdom for a horse!”
History is replete with examples of how, but for the proverbial horse, kingdoms have been lost.
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Feature Article • Economy - International
Doug Casey on the Russian Bear
Louis James
Doug, I'm in Belarus this week, a pit stop to help some of my students with their various business ideas. I'm struggling with my Russian, but getting along. And that has me thinking about Russia's role on the global economic stage. I know this is som
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