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Date Sent: 2011-02-20
Freedom's Phoenix Global Edition for Sunday, February 20, 2011
 
6 Charts: Central Banks Recklessly Printing Money -- 2012 Projected State Budget Shortfalls

Muni Market Will Crash, Housing Will Fall 10-15%, And S&P Is Going To 500 -- When Armies Decide A Protester's Fate -- Consumer Metrics Institute: The Great Recession Never Really Left Us -- Homeland Security wrongfully seizes domain names on child porn grounds -- It's Certain: A Government Shutdown Is Coming In Just Two Weeks -- Crime Pays: No Charges Filed Against Countrywide’s Mozilo -- G20: Tim Geithner, resorting to magic, attempts to force the yuan higher -- G20 meeting in Paris ends with a statement -- Reactions to Aristide's Impending Return -- Obama on Palestinian Rights: Nyet -- Lessons From Wisconsin: Big Government Handouts Promote Big Dependence -- Reports: Mubarak of Egypt, Zine El Abidine Ben Ali of Tunisia both victims of sudden comas... -- Where’s Labor’s Famed Solidarity? -- The Dictated Psychology of Network Society -- Silver Bankers With Big Derivatives Losses & the Fed May Be Funding Them -- Media futurist: Time to replace the Internet -- Tired (And Broke) From All The "QE Is Just An Asset Swap" Rhetoric? -- Vote for Free State Project car to be in NASCAR! -- Peak Oil standing in America’s and world’s front window

AZ: Ron Paul in Phoenix, Feb. 25-27 for  Tea Party

 

6 Charts: Central Banks All Over The Globe Are Recklessly Printing Money News Link  •  Federal Reserve
6 Charts: Central Banks All Over The Globe Are Recklessly Printing Money
02-19-2011  •  BlackListedNews.com 
If the U.S. dollar is being devalued so rapidly, then why does it sometimes increase in value against other global currencies? Well, it is because everybody is recklessly printing money now.   Read Full Story
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Reported by: Jack Gregson
2012 Projected State Budget Shortfalls News Link  •  Government Debt & Financing
2012 Projected State Budget Shortfalls
02-19-2011  •  EconomicPolicyJournal.com 
Illinois and Nevada have the most serious immediate problems, but this doesn't means states like California are out of the woods. Many states will develop the same kinds of problems, as Illinois and Nevada, over time.   Read Full Story
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Reported by: Jack Gregson
Muni Market Will Crash, Housing Will Fall 10-15%, And S&P Is Going To 500 News Link  •  Government Debt & Financing
Muni Market Will Crash, Housing Will Fall 10-15%, And S&P Is Going To 500
02-20-2011  •  BusinessInsider.com/  
First in muni land, he expects massive carnage, and is already setting up a fund to buy closed-end muni funds in the next year when they crash to 40% of their net asset values. What makes the muni market so crisis proone is the nature of investors...  Read Full Story
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Reported by: Jack Gregson
When Armies Decide A Protesters Fate News Link  •  Martial Law
When Armies Decide A Protesters Fate
02-20-2011  •  NYtimes.com 
There comes a moment in the life of almost every repressive regime when leaders " and the military forces that have long kept them in power " must make a choice from which there is usually no turning back: Change or start shooting.  Read Full Story
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Reported by: Jack Gregson
Consumer Metrics Institute: The Great Recession Never Really Left Us News Link  •  Economy - Economics USA
Consumer Metrics Institute: The Great Recession Never Really Left Us
02-20-2011  •  minyanville.com 
A couple of charts from the Consumer Metrics Institute show how the economic contraction may be over for Bernanke, Geithner and Goldman Sachs, but is firmly entrenched for the rest of us. (Contraction reaches 400 days)  Read Full Story
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Reported by: Jack Gregson
Meme Theory and Markets News Link  •  Economy - Economics USA
Meme Theory and Markets
02-20-2011  •  OfTwoMinds.com/blog 
Greenspan had to hold the chair well beyond retirement to the age of 75, but he finally got his chance. In 2001, he used every policy measure in the Fed’s arsenal to prevent Kondratiev's winter.   Read Full Story
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Reported by: Jack Gregson
Homeland Security wrongfully seizes domain names on child porn grounds News Link  •  Homeland Security
Homeland Security wrongfully seizes domain names on child porn grounds
02-20-2011  •  thehill.com/blogs 
In a recent round of domain name seizures, the Justice and Homeland Security Departments shut down 84,000 websites that hadn't broken the law, falsely accusing them of child pornography crimes, according to TorrentFreak.   Read Full Story
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Reported by: Jack Gregson
It's Certain: A Government Shutdown Is Coming In Just Two Weeks News Link  •  Government Debt & Financing
It's Certain: A Government Shutdown Is Coming In Just Two Weeks
02-20-2011  •  BusinessInsider.com/  
Barring some sort of deus ex machina, it seems certain that a government shutdown is coming in just two weeks (March 4, when the existing temporary funding bill runs out).   Read Full Story
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Reported by: Jack Gregson
Crime Pays: No Charges Filed Against Countrywide’s Mozilo News Link  •  Corruption
Crime Pays: No Charges Filed Against Countrywide’s Mozilo
02-20-2011  •  NakedCapitalism.com/ 
In the sort of thefts that little people engage in, like holding up a store, the person who drives the car is an accessory and can be prosecuted. But white collar crooks can escape if they get their advisors to wink and nod...   Read Full Story
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Reported by: Jack Gregson
G20: Tim Geithner, resorting to magic, attempts to force the yuan higher News Link  •  Economy - International
G20: Tim Geithner, resorting to magic, attempts to force the yuan higher
02-20-2011  •  The Political Commentator 
From the when all else fails department As a follow-up to the story on the results of the G20 meeting in Paris, this picture caught Tim Geithner, apparently an amateur magician, attempting to levitate the yuan from its artificially maintained leve  Read Full Story
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Reported by: Michael Haltman
G20 meeting in Paris ends with a statement News Link  •  Economy - International
G20 meeting in Paris ends with a statement
02-20-2011  •  The Political Commentator 
The topic ... is the global economy going up down or sideways, can 20 nations with conflicting agendas agree to anything and is the G20 a help or hindrance? ... Discuss (Coffee Talk, SNL) What the actual G20 statement actually says or mandates, if  Read Full Story
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Reported by: Michael Haltman
Reactions to Aristide's Impending Return Feature Article  •  Imperialism
Reactions to Aristide's Impending Return
Stephen Lendman
   Millions of Haitians await his return
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Obama on Palestinian Rights: Nyet Feature Article  •  Israel - Palestine
Obama on Palestinian Rights: Nyet
Stephen Lendman
   Obama contemptuous of Palestinian rights
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Lessons From Wisconsin: Big Government Handouts Promote Big Dependence News Link  •  Government
Lessons From Wisconsin: Big Government Handouts Promote Big Dependence
02-19-2011  •  AWR Hawkins  
Unions have run budgets into the ground: public employees have grown so accustomed to pensions, health insurance, and other benefits coming to them via taxpayer expense that they can’t handle the thought of paying their own way like regular “volk” (a  Read Full Story
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Reported by: Leon Felkins
Reports: Mubarak of Egypt,  Zine El Abidine Ben Ali of Tunisia both victims of sudden comas... News Link  •  Weird/Offbeat News
Reports: Mubarak of Egypt, Zine El Abidine Ben Ali of Tunisia both victims of sudden comas...
02-19-2011  •  Terrence Aym 
Questions are being raised about exactly what is happening with recently deposed leaders of Middle Eastern countries. Two of them have now been reported to have slipped into full comas following their resignations under fire after weeks of uprisings   Read Full Story
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Reported by: Terrence Aym
Where’s Labor’s Famed Solidarity? News Link  •  Politics
Where’s Labor’s Famed Solidarity?
02-19-2011  •  http://drscoundrels.com 
FDR, the champion of the downtrodden, warned us about problems with government unions. Naturally, we didn't listen, and look where we are now. But where is union solidarity and the support from unions nationwide? Jimmy Hoffa's no longer around.  Read Full Story
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Reported by: James Hyde
The Dictated Psychology of Network Society News Link  •  Surveillance
The Dictated Psychology of Network Society
02-19-2011  •  TheAutomaticEarth.blogspot.com 
Networked computers determine just how quickly our private lives become discrete packets of public information, and our financial portfolios become electronic heaps of worthless rubble. We "volunteered" to participate in this grand experiment...  Read Full Story
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Reported by: Jack Gregson
Silver Bankers With Big Derivatives Losses & the Fed May Be Funding Them News Link  •  Precious Metals
Silver Bankers With Big Derivatives Losses & the Fed May Be Funding Them
02-19-2011  •  JessesCrossRoadsCafe.blogspot.com/ 
It is never pretty when a fraud collapses, and this one in particular is difficult because it seems to encompass those stewards of the market upon whom one generally relies for information and some measure of confidence in the data.   Read Full Story
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Reported by: Jack Gregson
Media futurist: Time to replace the Internet News Link  •  Internet
Media futurist: Time to replace the Internet
02-19-2011  •  Rawstory.com 
Rushkoff concluded that the Internet in its current form is simply unredeemable. From the near expulsion of WikiLeaks to Egypt's Internet blackout, it became clear to him that a fundamental change must be made.  Read Full Story
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Reported by: Jack Gregson
Tired (And Broke) From All The News Link  •  Federal Reserve
Tired (And Broke) From All The "QE Is Just An Asset Swap" Rhetoric?
02-19-2011  •  ZeroHedge.com 
"money does not have to be borrowed into existence, it can be spent into existence by the state for so long as that money's recipients show a willingness to accept it as a medium of exchange - and that is exactly what we have at work here...  Read Full Story
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Reported by: Jack Gregson
Vote for Free State Project car to be in NASCAR! News Link  •  Activism
Vote for Free State Project car to be in NASCAR!
02-19-2011  •  FreeStateProject.com 
Just go to this site and click vote. You can vote every day! This is to have a NASCAR car with the porcupine Gadsden Flag on it with the words 'Live Free Or Die'. Currently in 2nd place.  Read Full Story
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Reported by: G Cone
Virginia is a step closer to minting their own gold, silver and platinum coins. News Link  •  Gold and Silver
Virginia is a step closer to minting their own gold, silver and platinum coins.
02-18-2011  •  The News & Advance, Lynchburg Virginia 
He cited statistics from the United States Mint showing that its issuance of the American Eagle silver bullion coins generated more than $55 million in profit in 2010.   Read Full Story
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Reported by: Chip Saunders
STOP THE PENDING IMPLOSION OF THE UNITED STATES Feature Article  •  Economy - Economics USA
STOP THE PENDING IMPLOSION OF THE UNITED STATES
Sierra Hancock
   Fmr. Congressman Jim Traficant in Scottsdale, AZ Tuesday Feb 22nd
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Fountain of youth? Group of Ecuadorean villagers may hold secret to long life... News Link  •  Science, Medicine and Technology
Fountain of youth? Group of Ecuadorean villagers may hold secret to long life...
02-19-2011  •  Terrence Aym 
Over the past 100 years research biologists have scoured the world in an attempt to find the clues to combating aging, increasing longevity, and bolstering immunity from disease. Their latest scientific find is a tiny village in Ecuador. Almost all c  Read Full Story
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Reported by: Terrence Aym
Peak Oil standing in America’s and world’s front window Opinion  •  Energy
CONNECTING THE DOTS
Peak Oil standing in America’s and world’s front window
02-19-2011
Frosty Wooldridge
   “Oil is a finite resource!” said Brent. “Eventually the oil remaining on the planet will be exhausted and no longer able to be used by humanity.
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Science of effective living: the great law of fulfillment Opinion  •  Religion: Believers
CONNECTING THE DOTS
Science of effective living: the great law of fulfillment
02-19-2011
Frosty Wooldridge
   Greg Braden, a great writer talks about heart centered “belief waves.” You create heart, to belief, to “matter translator.” It connect to the coded language of waves, the energy moves to reality. It’s the creative force of life.
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Cattail Up Date News Link  •  Agriculture
Cattail Up Date
02-19-2011  •  arclein 
And so it goes… This is what is happening in our field observations for our 4500 foot altitude desert field planting. But… there is a lot more. We used four different soil blends and also a number of mature plants in each section of augmen  Read Full Story
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Reported by: Robert Klein
Violin Craftsmanship News Link  •  Science, Medicine and Technology
Violin Craftsmanship
02-19-2011  •  arclein 
American violin-making is enjoying a rebirth, craftsmen say, despite the rapidly improving production by fellow makers in China which artisans here see both as a threat -- and a boon -- to their livelihood.   Read Full Story
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Reported by: Robert Klein
Stonehenge Transport From Wales News Link  •  Archaeology
Stonehenge Transport From Wales
02-19-2011  •  arclein 
"I constructed a 0.5-metre diameter structure in hazel and willow into which I placed a sharply rectangular 40kg stone from a collapsed dry stone wall," he said. "I packed the gaps inside with reeds and rolled it down a hillside. The stone fell  Read Full Story
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Reported by: Robert Klein
Windermere Nessie Photographed News Link  •  U F O and Other Unidentified Stuff
Windermere Nessie Photographed
02-19-2011  •  arclein 
At first I thought it was a dog and then saw it was much bigger and moving really quickly at about 10 mph. Each hump was moving in a rippling motion and it was swimming fast.' This is believed to be the eighth sighting of a long hump-backed creat  Read Full Story
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Reported by: Robert Klein
FreedomsPhoenix & The Philosophy of Liberty in 39 Languages Feature Article  •  Philosophy of Liberty
FreedomsPhoenix & The Philosophy of Liberty in 39 Languages
Ernest Hancock
   "One World Government?... then expect One World LOVEolution"
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“We Owe How Much?”: Waiting for The Big Splatter News Link  •  Government Debt & Financing
“We Owe How Much?”: Waiting for The Big Splatter
02-19-2011  •  Gonzalolira.blogspot.com/ 
So the Federal Reserve will have to continue monetizing the Federal government debt, with no end in sight"it really has no choice: If it doesn’t, interest rates will rise so high so fast, that the Federal government would simply go broke.   Read Full Story
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Reported by: Jack Gregson
Ben Bernanke Blames the Global Financial Crisis on China News Link  •  Federal Reserve
Ben Bernanke Blames the Global Financial Crisis on China
02-19-2011  •  NakedCapitalism.com/ 
They must put something in the water at the Fed, certainly the Board of Governors and the New York Fed. Everyone there, or at least pretty much everyone who gets presented to the media, seems to have an advanced form of mental illness...  Read Full Story
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Reported by: Jack Gregson
Idiots Reprise: Wells Fargo lowers credit score requirement for FHA loans News Link  •  Housing
Idiots Reprise: Wells Fargo lowers credit score requirement for FHA loans
02-19-2011  •  thetruthaboutmortgage.com 
Going forward, the bank is accepting FHA loan applications from borrowers with credit scores as low as 500, though they must come up with a 10 percent down payment and sport a maximum debt-to-income ratio of 31 percent.  Read Full Story
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Reported by: Jack Gregson
Mubarak Toppled by CIA Because He Opposed US Plans for War with Iran News Link  •  Foreign Policy
Mubarak Toppled by CIA Because He Opposed US Plans for War with Iran
02-19-2011  •  tarpley.net 
Mubarak’s fall has cleared away one of the principal obstacles to a US plan for the reorganization of the Middle East in a way which radically increases the short-term chances for a cataclysmic general war in this region.  Read Full Story
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Reported by: Jack Gregson
Obama's News Link  •  Internet
Obama's "Trusted Identities" Internet Plan To Be Unveiled In Coming Weeks
02-19-2011  •  gcn.com 
The National Strategy for Trusted Identities in Cyberspace is expected to be finalized in the next few weeks, and its success will depend on the collaboration of a wide range of stakeholders in both the public and private sectors...  Read Full Story
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Reported by: Jack Gregson
Engaging The Enemy: US Military Psyops At War With Bloggers News Link  •  Internet
Engaging The Enemy: US Military Psyops At War With Bloggers
02-19-2011  •  ZeroHedge.com 
The roadmap [contains an] acknowledgement that information put out as part of the military's psychological operations, or Psyops, is finding its way onto the computer and television screens of ordinary Americans.  Read Full Story
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Reported by: Jack Gregson
It’s All in the Destination News Link  •  Congress-Congressmen
It’s All in the Destination
02-19-2011  •  www.drscoundrels.com 
By Susan Hustwick: We have strayed far from the path on our road to fiscal responsibility. It’s not only the journey that got us here, but the ultimate destination that worries me most. The destination of the United States isn’t looking so good.   Read Full Story
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Reported by: Rich Hilts
How is the HAMP Loan Modification Program Doing? News Link  •  Housing
How is the HAMP Loan Modification Program Doing?
02-19-2011  •  Ritholtz.com 
Short answer: Not very well.  Read Full Story
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Reported by: Jack Gregson
World events and News Link  •  World News
World events and "Is ignorance really bliss" or tales from a restaurant (Video)
02-19-2011  •  The Political Commentator 
The news from Bahrain, the Middle East, Pakistan, China, etc. Are many Americans too ignorant, self-absorbed, unable to focus (ADHD epidemic), in denial, too obsessed with Lady Gaga and Jersey Shore or all of the above to care about what is happen  Read Full Story
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Reported by: Michael Haltman
Impunity And Cargo Cult Democracy News Link  •  Corruption
Impunity And Cargo Cult Democracy
02-19-2011  •  FireDogLake.com 
In short, we have a culture of impunity and wealth accumulation for the people at the top, and arbitrary punishment and deprivation for everyone else. That sounds a lot more like a third-world dictatorship than the great and prosperous model of...  Read Full Story
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Reported by: Jack Gregson
High-end furniture retailer Robb & Stucky files for Ch. 11 News Link  •  Economy - Economics USA
High-end furniture retailer Robb & Stucky files for Ch. 11
02-19-2011  •  AZcentral.com 
The difficulties confronting Robb & Stucky stem from the challenges that have affected many real-estate-related industries since the housing market began its slide in 2007.   Read Full Story
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Reported by: Jack Gregson
Foreclosures Forecasted to Flood Market in 2011
News Link  •  Housing
Foreclosures Forecasted to Flood Market in 2011
02-19-2011  •  blog.ml-implode.com/ 
As lenders are scrambling about to avoid the legal ramifications of fraudulent foreclosure documentation, another wave of foreclosures is expected to hit the market this year due to resetting mortgage interest rates of option adjustable rate...  Read Full Story
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Reported by: Jack Gregson
Paul Craig Roberts: Obama's 2012 Budget - A Tool for Class War News Link  •  Obama Administration
Paul Craig Roberts: Obama's 2012 Budget - A Tool for Class War
02-19-2011  •  CounterPunch.org 
Obama’s new budget is a continuation of Wall Street’s class war against the poor and middle class. Wall Street wasn’t through with us when the banksters sold their fraudulent derivatives into our pension funds, wrecked Americans’ job prospects...  Read Full Story
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Reported by: Jack Gregson
Saturday humor (not really): Why is it so damn hard to find a job in America? News Link  •  Employment & Jobs
Saturday humor (not really): Why is it so damn hard to find a job in America?
02-19-2011  •  The Political Commentator 
After reading this short story from parts unknown about a man's search for an honest days work in America, it becomes clear as to why he and approximately 18 million of his closest friends are having no luck. First a summary of the latest jobs re  Read Full Story
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Reported by: Michael Haltman
Virginia civic group unknowingly elects dog as president News Link  •  Weird/Offbeat News
Virginia civic group unknowingly elects dog as president
02-18-2011  •  azcentral.com 
Though unfamiliar with Lee's name, the crowd of about 50 or so raised their hands, assuming that the candidate was a civic-minded newcomer. Only weeks later did many discover that their new president was, in fact, a dog. Ahhh, if only this could hap  Read Full Story
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Reported by: Ronald Bogner
US Workers: Resurgent or Waging a Rearguard Action? Feature Article  •  Police State
US Workers: Resurgent or Waging a Rearguard Action?
Stephen Lendman
   US Federal, state and local governments are waging war on worker rights
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