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Date Sent: 2011-09-22
Freedom's Phoenix Global Edition for Thursday, September 22, 2011 PM edition |
U.S., world markets fall sharply after Fed action on bonds -- Deep Sixing Global Warming
Dow Jones 09-22-2011 -- 2 Prince George’s officers indicted in beating of University of Maryland student -- Kelly Thomas: D.A. charges two officers with murder, manslaughter -- Sundance Submission Deadline - Monday, Silver Circle Ships -- New theory explains collapse of World Trade Center's Twin Towers -- GOLDMAN: Wake Up, This Was Full-On QE3 That We Just Got -- ROUBINI: Recession Is At This Point Unavoidable, And It Could Be Worse Than 2008 -- EL-ERIAN WARNS: 'These Are All The Signs Of An Institutional Run On French Banks' -- The Federal Reserve Is Using Your Money To Bail Out European
Commercial Banks Once Again -- Bank Of America Is Becoming A
"Counterparty Risk" Like Bear And Lehman -- FX Swap Line Rate Cut Is Euro Hail Mary As Goldman Is About To Be Stopped Out On Tactical Trade -- Bob Barr: Witnesses recanting should have stopped Troy Davis execution -- The Attack on Accidental Americans -- Euro-Zone Economy in Retreat -- Stocks, Commodities Drop on Fed; Treasury Yields at Record Low
AZ: John Stuart Trial Begins TODAY!; GOP Debate tonight, Sept 22nd,
2011. Debate Party at Hancock's, 6 p.m. until ??
CA: Libertopia in San Diego October 21-23
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News Link • Economy - Economics USA
U.S., world markets fall sharply after Fed action on bonds
09-22-2011
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www.washingtonpost.com
The Dow Jones industrial average opened down nearly 3 percent after the Federal Reserve took steps Wednesday to help revive the economy. Here’s a look at the five biggest single-day gains and losses in the index’s history.
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Reported by:
Gwendolyn Strmic
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News Link • Climate Change
Deep Sixing Global Warming
09-22-2011
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arclein
It amounts to a reluctant admission that global temperatures have indeed stalled. This fact has so far either been denied, ignored or buried beneath the claim that the past decade was still the hottest in the past 100 years (even if not by much).
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Reported by:
robert klein
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News Link • Events: Arizona
John Stuart Trial Begins TODAY!
09-22-2011
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E-mail from John
Is a simple case of SELF-DEFENSE being used to silence someone the STATE doesn't like? So much intrigue clouds this story I can't begin to sort it out. Maybe you can...
Read Full Story
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Reported by:
Ed Vallejo
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News Link • Economy - Economics USA
30 Yr. Tresuries - At 1:43PM EDT: 2.8140 Down 0.2250 (7.40%)
09-22-2011
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finance.yahoo.com
The story behind this in months to come will be of great interest to many. We're working on a lengthy eZine article for the October Edition of the Digital Magazine for FreedomsPhoenix.
Read Full Story
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Reported by:
Ernest Hancock
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News Link • Media: Internet
"LIKE" Our FreedomsPhoenix.com Facebook Page!!
09-22-2011
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www.facebook.com
We recognize that Freedom was taken from us the moment the ink was drying on the Constitution. Today's governmental structure is imploding under its own weight, and its death rattles aren’t going to be pretty.
Read Full Story
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Reported by:
Gwendolyn Strmic
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News Link • Law Enforcers or Peace Officers
2 Prince George’s officers indicted in beating of University of Maryland student
09-22-2011
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Washington Post
Two Prince George’s County police officers were indicted Tuesday on felony assault charges in the March 3, 2010, beating of an unarmed University of Maryland student " an apparently unprovoked attack that was caught on video and made national news.
Read Full Story
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Reported by:
Powell Gammill
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News Link • Law Enforcers or Peace Officers
Kelly Thomas: D.A. charges two officers with murder, manslaughter
09-22-2011
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LA Times
2 Fullerton police officers have been criminally charged in the violent confrontation that left a homeless man dead, Orange Co. Dist. Atty. Rackauckas announced. Officer Manuel Ramos has been charged with second-degree murder and involuntary manslaug
Read Full Story
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Reported by:
Powell Gammill
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News Link • 911 / World Trade Center
New theory explains collapse of World Trade Center's Twin Towers
09-22-2011
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Science Daily
According to a theory advanced by a SINTEF materials scientist, a mixture of water from sprinkler systems and molten aluminium from melted aircraft hulls created explosions that led to the collapse of the Twin Towers in Manhattan.
Read Full Story
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Reported by:
Mike Renzulli
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News Link • Economy - Economics USA
GOLDMAN: Wake Up, This Was Full-On QE3 That We Just Got
09-22-2011
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www.businessinsider.com
Goldman's Dominic Wilson - "While the Fed has been careful to frame the latest shift as a “twist” that leaves its balance sheet neutral, as we have described before the policy is economically more or less equivalent to outright asset purchases."
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Reported by:
Ernest Hancock
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News Link • Economy - Economics USA
ROUBINI: Recession Is At This Point Unavoidable, And It Could Be Worse Than 2008
09-22-2011
Nouriel Roubini is calling it this morning, following a bout of dismal economic data around the world. Europe and the U.S. are "effectively in recession" and there's nothing policy makers can do to save them.
Read Full Story
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Reported by:
Ernest Hancock
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News Link • Economy - Economics USA
The Redline: A Tale Of Collapse
09-22-2011
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www.zerohedge.com
Make no mistake; while the characters and events in this story are products of imagination, the issues presented and their probable consequences are anything but fantasy.
Read Full Story
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Reported by:
Gwendolyn Strmic
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News Link • Palestine -- Israel
Interview: Refugees will not be citizens of new state
09-22-2011
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Lebanon Star
Palestine’s ambassador to Lebanon emphatically stated that Palestinian refugees residing in and out of Gaza and the West Bank would not become citizens of any UN-recognized, newborn Palestinian state nor would passports for refugees be issued.
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Reported by:
Mike Renzulli
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News Link • Economy - Economics USA
EL-ERIAN WARNS: 'These Are All The Signs Of An Institutional Run On French Banks'
09-22-2011
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www.businessinsider.com
This is not helping French bank stocks today. PIMCO's Mohammed El-Erian has a dramatic post up at FT on the various signs of trouble in French bank land.
Read Full Story
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Reported by:
Ernest Hancock
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News Link • Economy - International
REPORT: EU Officials Expect A Greek Default, But Think It Will Stay In The Euro
09-22-2011
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www.businessinsider.com
The Telegraph reports that EU leaders generally agree that a Greek default is imminent but that Greece will not leave the euro.
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Reported by:
Ernest Hancock
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News Link • Economy - Economics USA
Banks, brokers plunge as Twist reality sinks in
09-22-2011
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www.reuters.com
The new Federal Reserve program to lower long-term interest rates means banks and brokerages are at risk for depressed earnings, with no real solution, and their shares reacted accordingly on Thursday.
Read Full Story
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Reported by:
Gwendolyn Strmic
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News Link • Economy - Economics USA
The Federal Reserve Is Using Your Money To Bail Out European Commercial Banks Once Again
09-22-2011
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theeconomiccollapseblog.com
For a moment, imagine that there is a privately-owned organization in the United States that can create U.S. dollars out of thin air whenever it wants and can loan that money to whoever it wants to.
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Reported by:
Gwendolyn Strmic
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News Link • Economy - Economics USA
IT'S OFFICIAL: The Recession Has Created A New Lost Generation
09-22-2011
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www.businessinsider.com
New census data released today reveals that the recession has made American 20 to 30-somethings into a Lost Generation of unemployed and underemployed, the AP reports.
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Reported by:
Ernest Hancock
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News Link • Economy - Economics USA
The Sovereign Risk Dislocation Trade Means Big, Black Clouds Coming To "Risk Free"
09-22-2011
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www.zerohedge.com
As early as July, we pointed out the increasingly likely endgame in Europe with regard to the EFSF and centralizing/concentrating credit risk.
Read Full Story
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Reported by:
Gwendolyn Strmic
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News Link • Economy - Economics USA
FX Swap Line Rate Cut Is Euro Hail Mary As Goldman Is About To Be Stopped Out On Tactical Trade
09-22-2011
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www.zerohedge.com
A dramatic Hail Mary appeared in the FX markets earlier this morning following the circulation of a rumor, since attributed to Goldman sales, that the FRBNY is preparing to slash its FX swap line with the ECB rate...
Read Full Story
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Reported by:
Gwendolyn Strmic
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News Link • Economy - Economics USA
Art Cashin's Take On The Twist
09-22-2011
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www.zerohedge.com
As usual getting Art Cashin's pragmatic take on something as important as the Fed's decision (which at this rate will need to be revised very soon), is quite a morning coffee, or for some, "fermentation", treat.
Read Full Story
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Reported by:
Gwendolyn Strmic
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News Link • Economy - Economics USA
Moderates, Extremists, and Liberty
09-22-2011
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mises.org
As I have observed the mainstream media (MSM, to the cognoscenti) over the past few decades, I have noted a growing infatuation with the words moderate and extremist.
Read Full Story
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Reported by:
Gwendolyn Strmic
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News Link • Economy - Economics USA
Money, Monopoly, and Market Intervention
09-22-2011
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mises.org
I've enjoyed teaching all of my online Mises Academy classes, but I have never been more excited than I am to teach the upcoming class Money, Monopoly, and Market Intervention.
Read Full Story
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Reported by:
Gwendolyn Strmic
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News Link • Death Penalty
Bob Barr: Witnesses recanting should have stopped Troy Davis execution
09-22-2011
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Rawstory (video)
Former federal prosecutor, drug warrior, CIA lawyer and GOP congressman from Georgia Bob Barr said that the vast majority of the witnesses had recanted in the Troy Davis case should have implored the Board of Pardons to stop his execution.
Read Full Story
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Reported by:
Powell Gammill
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News Link • Economy - Economics USA
Consumer Credit: More Student Financial Rape
09-22-2011
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market-ticker.org
Consumer credit increased at an annual rate of 6 percent in July 2011. Revolving credit decreased at an annual rate of 5-1/4 percent, while nonrevolving credit increased at an annual rate of 11-1/4 percent.
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Reported by:
Gwendolyn Strmic
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News Link • Economy - Economics USA
Euro-Zone Economy in Retreat
09-22-2011
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online.wsj.com
The prospect of Europe falling back into recession came a step closer Thursday following the latest batch of dire economic data.
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Reported by:
Gwendolyn Strmic
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News Link • Economy - Economics USA
Stocks, Commodities Drop on Fed; Treasury Yields at Record Low
09-22-2011
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washpost.bloomberg.com
Stocks and commodities tumbled, Treasury 30-year yields dropped to a record and the Dollar Index climbed to a seven-month high amid concern central banks are running out of tools to prevent another recession.
Read Full Story
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Reported by:
Gwendolyn Strmic
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News Link • Economy - Economics USA
Markets tumble after Fed says it will buy longer-term bonds to try to boost economy
09-22-2011
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www.washingtonpost.com
The Federal Reserve took a dramatic step Wednesday to help revive the economy, resuming its unconventional efforts at stimulating growth nearly a year after embarking on an initiative that ultimately failed to deliver a healthy recovery.
Read Full Story
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Reported by:
Gwendolyn Strmic
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News Link • Economy - Economics USA
Factbox: What the twisting Fed plans to buy and sell
09-22-2011
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www.reuters.com
The U.S. central bank is launching a program that will tilt its $2.85 trillion balance sheet more heavily toward longer-term securities, in an effort to boost a fragile economic recovery.
Read Full Story
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Reported by:
Gwendolyn Strmic
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News Link • Economy - Economics USA
India cuts US debt exposure by $4.2 bn in 3 months
09-22-2011
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economictimes.indiatimes.com
India has lowered its exposure to America's ballooning debt for three consecutive months, as its holding of the US Treasury bonds fell by USD 4.2 billion (more than Rs 20,000 crore) between May and July this year.
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Reported by:
Gwendolyn Strmic
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News Link • Economy - Economics USA
Wall Street tumbles as recession fears hit, Dow Jones down over 3 per cent
09-22-2011
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economictimes.indiatimes.com
US stocks tumbled on Thursday, extending losses for a fourth straight session, as the Federal Reserve's weak outlook for the US economy and disappointing data from China heightened fears about a global recession.
Read Full Story
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Reported by:
Gwendolyn Strmic
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News Link • Economy - Economics USA
Nervous Breakdown? 21 Signs That Something Big Is About To Happen In The Financial World
09-22-2011
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theeconomiccollapseblog.com
Will global financial markets reach a breaking point during the month of October? Right now there are all kinds of signs that the financial world is about to experience a nervous breakdown.
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Reported by:
Gwendolyn Strmic
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News Link • Economy - Economics USA
30 Signs That The U.S. Economy Is About To Go Into The Toilet
09-22-2011
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theeconomiccollapseblog.com
If you think the U.S. economy is bad now, just wait for a few months. Things are about to become absolutely nightmarish.
Read Full Story
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Reported by:
Gwendolyn Strmic
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News Link • Economy - Economics USA
Wall Street tumbles as recession fears hit
09-22-2011
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www.reuters.com
Stocks tumbled on Thursday, extending losses for a fourth straight session, as the Federal Reserve's weak outlook for the U.S. economy and disappointing data China heightened fears about a global recession.
Read Full Story
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Reported by:
Gwendolyn Strmic
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News Link • Economy - Economics USA
Soros: US Is Already in Double-Dip Recession
09-22-2011
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www.cnbc.com
Billionaire investor George Soros said he believed the United States was already experiencing the pain of a double dip recession and that Republican opposition to Obama's fiscal stimulus plans was to blame for sluggish growth.
Read Full Story
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Reported by:
Gwendolyn Strmic
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News Link • Economy - Economics USA
The World's Biggest Debtor Nations
09-22-2011
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www.cnbc.com
Throughout the financial crisis, many national economies have looked to their government and foreign lenders for financial support...
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Reported by:
Gwendolyn Strmic
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News Link • Arizona's Top News
Help prepare 'Freedom's Phoenix RV' to be painted and logo'd
09-19-2011
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Meetup.com/Hancock
Need help getting a donated RV (1977 Tioga) ready to be painted with the Freedom's Phoenix Logo and QR Codes.Work to be done is on the exterior (washed, cleared of all the old weatherstripping, sanded, taped, etc...) Thursday Sept 22nd, 8 a.m. til ?
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Reported by:
Donna Hancock
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News Link • Arizona's Top News
GOP Debate Thursday, Sept 22nd, 2011. Debate Party at Hancock's, 6 p.m. til ??
09-18-2011
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Meetup.com
Google and Fox News are hosting another GOP debate, sponsored by the Florida Republican Party, beginning at 9 p.m. EST (6 p.m. AZ/Pacific). We will start recording at 6 p.m. and start to replay around 6:30-6:46 p.m. Click thru for details...
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Reported by:
Donna Hancock
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News Link • Federal Reserve
Tropical Storm Ophelia and Fed Operation Twist: Which will be more damaging to the US?
09-22-2011
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The Political Commentator
The track of Tropical Storm Ophelia and the announcement by the Fed of Operation Twist is a classic example of potential versus reality!
Potential: Based on a variety of environmental factors, what is now Tropical Storm Ophelia may or may not ever
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Reported by:
Michael Haltman
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News Link • Climate Change
Climate Change in Alaska
09-22-2011
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arclein
In previous generations, winter temperatures dropped to 40 degrees Celsius below freezing, while in present times temperatures only reach 25 C or 30 C below freezing. Moreover, in the rare case that temperatures did drop as low as they had in the pas
Read Full Story
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Reported by:
robert klein
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News Link • Science
Vesta Full of Surprises
09-22-2011
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arclein
Varied impact craters, valleys, canyons and mountains among the highest in the Solar System - the 3D images and videos of the asteroid Vesta created byscientists at the German Aerospace Center (Deutsches Zentrum fur Luft- und Raumfahrt; DLR) reveal a
Read Full Story
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Reported by:
robert klein
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News Link • Agriculture
Buffalo Commons Reborn
09-22-2011
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arclein
Romantic capitalism has a long history on the Great Plains," Frank Popper said. "It's a lot of how and why the land was settled by whites in the first place, not long after the Civil War via the Homestead Act.
Read Full Story
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Reported by:
robert klein
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