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Date Sent: 2009-08-04
Freedom's Phoenix Global Edition for Tuesday, August 4, 2009 AM edition |
Britain Puts CCTV Cameras Inside Homes -- N. Carolina Terrorists to be Tried with Secret Evidence
Obamacare numbers don't add up -- “PELOSI JOBS TAX” PAIRS UP WITH
OBAMACARE -- It took 400 cops to arrest 4 sleeping men for terrorism --
Va., N.Y. Districts Vie for 9/11 Case
-- More D.C. Kids Had Elevated Lead Than Stated -- Ex-President Bill
Clinton heading to NKorea -- 6 economists on why Ron Paul’s Fed audit
idea is wrong -- Video: Ron Paul on Cash for Clunkers -- Saving Our Brave, New World - by Butler Shaffer -- New Shotgun sure to SHOCK Your Socks Off -- Geithner Vents as Overhaul Stumbles -- Post office mulls closing hundreds of offices -- FDIC "Tells Banks" To Quit Cooking The Books! -- Rejection of NYC CAN citizen's petition by the City Clerk
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News Link • Constitution
Britain To Put CCTV Cameras Inside Private Homes
08/03/2009
•
Wired
Coming to America?
As an ex-Brit, I’m well aware of the authorities’ love of surveillance and snooping, but even I, a pessimistic cynic, am amazed by the governments latest plan: to install Orwell’s telescreens in 20,000 homes.
£400 million ($668 million) will be spend on installing and monitoring CCTV cameras in the homes of private citizens. Why? To make sure the kids are doing their homework, going to bed early and eating their vegetables. The scheme has, astonishingly, already been running in 2,000 family homes. The government’s “children’s secretary” Ed Balls is behind the plan, which is aimed at problem, antisocial families. The idea is that, if a child has a more stable home life, he or she will be less likely to stray into crime and drugs.
It gets worse. The government is also maintaining a private army, incredibly not called “Thought Police”, which will “be sent round to carry out home checks,” according to the Sunday Express. And in a scheme which firmly cements the
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News Link • Healthcare
Analysis: Some health care numbers don't add up
08-03-2009
•
AP
Some of President Barack Obama's health care numbers don't seem to add up. And that's complicating his efforts to pass his top domestic priority.
Obama could be falling into the same trap that snagged George W. Bush when he was pushing private accounts for Social Security
as part of his "ownership society" in 2005. Bush's claims that the
proposal would help shore up Social Security's long-term finances were
hard to document mathematically and wound up feeding greater public
skepticism.
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Reported by:
Powell Gammill
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News Link • WAR: About that War
Nuclear Weapon's Refurbishing Woes Draw Congressional Attention to Treaty
08-03-2009
•
Washington Post
The House would prohibit use of funds to reduce strategic nuclear
weapons under a new treaty with Russia -- unless the president
certified there were sufficient verification measures and that neither
U.S. missile defense systems nor conventional offensive weapons were
under limits. It would also have to be determined that the U.S. nuclear
weapons programs were adequately funded.
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Reported by:
Powell Gammill
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News Link • Healthcare
“PELOSI JOBS TAX” PAIRS UP WITH OBAMACARE
8/03/09
•
Stop Socialism Now
Last week, the Wall Street Journal noted that the House health care bill places an 8 percent payroll tax on small businesses with payrolls of $400,000 or more that do not provide health insurance for their employees. In addition, individual workers would have to pay a 2.5-percent tax on gross income if they do not buy the health insurance the government mandates. More....
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Reported by:
Anonymous Watchman
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News Link • TERRORISM
It took 400 cops to arrest 4 sleeping men for terrorism
08-03-2009
•
Washington Post
Some 400 officers from state and national security services took part
in 19 pre-dawn raids on properties in Melbourne, Australia's second
largest city, police said. Four men, all Australian citizens of Somali
or Lebanese descent and aged between 22 and 26, were arrested, and
several others were being questioned Tuesday, police said.
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Reported by:
Powell Gammill
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News Link • Healthcare
More D.C. Kids Had Elevated Lead Than Stated
08-03-2009
•
Washington Post
More than twice as many D.C. children as previously reported by federal
and local health officials had high levels of lead in their blood amid
the city's drinking water crisis, according to congressional
investigators, throwing into doubt assurances by those officials that
the lead in tap water did not seriously harm city children.
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Reported by:
Powell Gammill
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News Link • Foreign Policy
Ex-President Bill Clinton heading to NKorea
08-03-2009
•
AP
Former U.S. President Bill Clinton is heading to North Korea for
negotiations to secure the freedom of 2 detained American
journalists nearly 5 months after they
were seized on the China border.
Clinton is on his way to
Pyongyang, the North Korean capital, where he will try to win the
release of Laura Ling and Euna Lee, South Korea's Yonhap news agency
reported, citing an unidentified high-level source.
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Reported by:
Powell Gammill
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News Link • Economy - Economics USA
6 economists on why Ron Paul’s Fed audit idea is wrong
08-03-2009
•
James Pethokoukis
Half dozen economists who are very concerned about Federal Reserve independence what they thought about Rep. Ron Paul’s bill to audit the Fed.
This was my specific question: “Given that Congress can already grill
the Fed chairman during Humphrey-Hawkins (and occasional other
congressional appearances), how would a GAO really threaten Fed independence in practical terms?”
The GAO audit proposal is from Ron Paul, who
has advocated abolishing the Fed and returning to the gold standard.
Maybe people think that this is his foot in the door, a first step in
the plan. When King Louis 16 called for a meeting of the Estates
General in France, it led to a chain of events that resulted in his
beheading! [how is this on subject ED]
My view is that there is a major difference between general economic questions from Congress to a Fed that isn’t open to a GAO audit and that doesn’t get its budget from Congress, versus a detailed audit
b
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Reported by:
Thomas Costanzo
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News Link • Revolutions, Rebellions & Uprisings
Saving Our Brave, New World
08-03-2009
•
Butler Shaffer for LewRockwell.com
My understanding
of history, economics, and the laws of causation, have long led
me to expect the present collapse of Western Civilization. I did
not, however, anticipate the culture experiencing a free-fall
into an awaiting black-hole. Like T.S. Eliot, I suspected Western
society would end "not with a bang but a whimper." I
envisioned a more gradual decline, one to which individuals could
make the necessary adjustments in their lives that would lessen
the impact and help to restore societal order.
The symptoms
of our decline-and-fall are becoming increasingly evident even
to those who, not so many years ago, regarded the outcome of an American Idol contest as the most pressing concern. A public-opinion-poll
mentality substitutes for thinking in our modern world, creating
a collective mindset that insists upon instantaneous answers to
questions that few people are capable of asking. As the processes
of causation play out the inexorable consequences
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Reported by:
Ernest Hancock
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News Link • Corruption
GOLDMAN SACHS SCANDAL & COVER-UP
08/03/2009
•
Investment Watch
On Saturday, July 4, the nation’s Independence Day, the U. S. District Court in Manhattan convened for a bail hearing in a criminal case before a magistrate judge. During the hearing, an Assistant U. S. Attorney divulged information to the magistrate which, in an open society, would produce inch-high headlines screaming scandal. But not in the U. S. A. Three weeks later, mainstream media ignore the incident as no more than business as usual and hardly worth mentioning.
Manipulative Software Codes
“The incident” was revelation that Goldman Sachs has created and is using computer software secret codes capable of manipulating prices and trading in financial markets worldwide. Goldman has used the secret codes to take gains of hundreds of millions of dollars out of financial markets. Goldman’s computers may actually intercept trading data " real-time buy and sell orders in financial markets " so the secret codes can react in micro-seconds to “front-run” those orders in ways profitabl
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News Link • 911 / World Trade Center
Air Force Vet Breaks Silence on What Hit Pentagon on 9-11
08-03-2009
•
James P. Tucker, Jr.
A veteran Air Force mechanic called to help clean up the Sept. 11, 2001
explosion at the Pentagon says the U.S. government’s blaming a plane
for the damage makes no sense. The evidence was staged, he said.
He
agreed to a face-to-face interview with AFP on condition he not be
identified for obvious reasons: the Air Force would punish him severely
(the same military harshness that gagged survivors of the 1967 USS
Liberty attack for many years).
The airman, a tech sergeant, is
richly experienced in hazardous waste cleanup, having been deployed
twice to Afghanistan in the first Persian Gulf war under President Bush
the Elder and, later, under George the Younger. He has 17 years of Air
Force service.
The scene at the Pentagon “doesn’t look right,”
the airman said. “There was only a piece of engine and sections of
landing gear on the ground. It was like they were placed there. Where
were the wings? Tail section? We expected to find a lot of deb
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Reported by:
Thomas Costanzo
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News Link • Crony Capitalism
PennyMac IPO brings back subprime memories
Commentary: New era looks a lot like the old
08/04/2009
•
Market Watch
Call it another sign that fear is out, greed is back, and we have entered the new post-crisis era. Subprime Stan is back on Wall Street, after less than three years away.
Stanford "Stan" Kurland, the Countrywide Finance executive who pocketed more than $140 million at the expense of outside investors at the height of the subprime mania, has raised about $300 million from fresh investors for his latest venture -- trying to profit from the crisis.
His PennyMac Mortgage Investment Trust (PMT) made its stock-market debut last week
The name of the game: Distressed mortgages, particularly the kind of troubled subprime loans that Countrywide used to make.
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Feature Article • Obama Administration
Birther leader Orly Taitz implodes on MSNBC
Thomas Costanzo
But it keeps growing. Like a mutation. In fact, it went into
overdrive this weekend with the release of a supposedly newly found
alleged bith certificate showing President Obama’s birthplace to be
Mombasa, Kenya.
So what might be that illustrious tipping point today? An inside
job. An implosion. A self-cratering. Whatever you want to call it, it
wasn’t pretty. But, strangely, you can’t look away.
The circus began when Orly Taitz, a longtime chieftain of the
birther posse (and a dentist), appeared with MSNBC host David Shuster
this afternoon to discuss the document.
Shuster, who is no friend to the right, was actually pretty gentle
with his guest seeming to be aware that he really didn’t need to do
much " at all " to precipitate the train wreck. It was like he was a
super-gifted weatherman who accurately predicted a 100 percent chance
of meltdown.
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News Link • Constitution
Utopia versus freedom
08/04/2009
•
Jewish World Review
"Eternal vigilance is the price of freedom." We have heard that many times. What is also the price of freedom is the toleration of imperfections. If everything that is wrong with the world becomes a reason to turn more power over to some political savior, then freedom is going to erode away, while we are mindlessly repeating the catchwords of the hour, whether "change," "universal health care" or "social justice."
If we can be so easily stampeded by rhetoric that neither the public nor the Congress can be bothered to read, much less analyze, bills making massive changes in medical care, then do not be surprised when life and death decisions about you or your family are taken out of your hands " and out of the hands of your doctor " and transferred to bureaucrats in Washington.
Let's go back to square one. The universe was not made to our specifications. Nor were human beings. So there is nothing surprising in the fact that we are dissat
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News Link • Crony Capitalism
Geithner Vents as Overhaul Stumbles
08/04/2009
•
WSJ
I guess this kind of behavior it is to be expected from the do as I say not what I do no class trash in government. Smoke and mirrors anyway since the so called regulations of Obama's Economic Regulations Are Like a Law Which Makes Arson Illegal, But Exempts Convicted Arsonists.
Treasury Secretary Timothy Geithner blasted top U.S. financial regulators in an expletive-laced critique last Friday as frustration grows over the Obama administration's faltering plan to overhaul U.S. financial regulation, according to people familiar with the meeting.
The proposed regulatory revamp is one of President Barack Obama's top domestic priorities. But since it was unveiled in June, the plan has been criticized by the financial-services industry, as well as by financial regulators wary of encroachment on their turf.
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News Link • Government
Post office mulls closing hundreds of offices
08-03-2009
•
www.msnbc.msn.com/
Postal agency is facing a nearly $7 billion potential loss, spite of a 2-cent increase in the price of stamps. A pillar of U.S. communities since the
nation’s founding, the post office is facing the prospect of closings
or consolidation of services at hundreds of locations amid a sharp
decline in business due to e-mail.
Post
officials sent a list of nearly 700 potential candidates for closing or
consolidation to the independent Postal Regulatory Commission for
review.
Some of the offices could be closed while
others could have some of their functions consolidated with other
offices. For example, in some cases preparing mail for delivery may be
shifted from Office A to nearby Office B, but the first office might
still offer such services as selling stamps and mailing parcels and
letters. In other cases one of the offices might be closed.
Postal
Vice Pre
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Reported by:
Thomas Costanzo
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News Link • Techno Gadgets
Saudi inventor creates killer microchip
08-03-2009
•
foxnews
all right this next story may sound like something out of a Hollywood thriller. Saudi GPS device also has a lethal dose
of cyanide which can be activated. And anytime you get my point. The
inventors bid for a patent has been rejected in Germany joining us now
the smoking did talk about his -- deputy editor of popular science okay
that this is pretty much Cobb. Pretty sinister and nefarious. How
exactly would this work."
" Well there's a category of technology that involves GPS tracking systems being shrunk
down to the -- for you could actually implanted surgically and we've
seen a number of applications for this. This is without question the
most sinister version of it that I've certainly heard of you know and
and the notion of tracking criminals is not -- but the notion of
killing them remote
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Reported by:
Thomas Costanzo
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News Link • Obama Administration
Boehner Ad: Obama Isn't A Doctor, But He Plays One On TV
8/03/09
•
Real Clear Politics
See video: From the YouTube description: "Like the old joke goes, President Obama isn't a doctor, but he plays one on TV -- giving Americans a discomforting glimpse of life under ObamaCare, with government leaders and bureaucrats dispensing medical opinions that are better left to doctors, medical professionals, and patients," said House Republican Leader John Boehner (R-OH).
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Reported by:
Anonymous Watchman
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News Link • Immigration
As Immigrants Move In, Americans Move Up
08-03-2009
•
Free Trade Bulletin
The addition of low-skilled immigrants expands the economy, creating openings in higher-paid occupations such as
managers, skilled craftsmen, and accountants. Immigration of low-skilled workers motivates Americans, who
might otherwise languish in the underclass, to acquire education
and skills so they are not competing directly with
foreign-born workers.
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Reported by:
Brock Lorber
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Feature Article • 911 / World Trade Center
Re-validation filed with NY Supreme Court, after rejection of NYC CAN petition by the City Clerk
Thomas Costanzo
The NYC CAN petition was rejected by the City Clerk on Friday, July 24th, a
week ago, certifying less than the minimum of 30,000 qualified signatures of
electors. This benchmark, according to the Clerk's office was not met. A
'qualified elector' is a registered New York City voter who was eligible to
vote in the last election. According to the letter sent by the Clerk to the
City Council, the NY Board of Elections validated 26,003 signatures and
invalidated 24,664, leaving 1,333 that were not certified.
At a hearing scheduled for Monday, August 3rd, before a Supreme Court Justice,
the plaintiffs, representing tens of thousands of concerned New Yorkers who
support a new 9/11 investigation, will formally raise their request for an
independent review of the Board of Elections findings. If granted by the
presiding Justice, a re-validation of the petition signatures by an independent
special referee will follow.
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Feature Article • Economy - Economics USA
The Free Market and its Enemies
Thomas Costanzo
“The increase of social wealth is not accompanied by a
diminished number of capitalist magnates, but by an increasing number of capitalists
of all degrees.” Eduard Bernstein “The interventionist policy [big
government] provides thousands and thousands of people with safe, placid and
not too strenuous jobs at the expense of the rest of society.” Ludwig Von Mises “There is a profound
contrast between the effect of foreign aid and of voluntary private investment:
Foreign aid goes form government to government.
It is therefore almost inevitably statist and socialistic.” Henry Hazlitt
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News Link • Economy - Economics USA
Markit Credit-Swap Services Said to Be Part of Antitrust Probe
08/03/2009
•
Bloomberg
Markit Group Ltd., the data provider majority-owned by Wall Street’s largest banks, is under Justice Department scrutiny for potential anticompetitive practices ranging from requiring customers to buy bundled services to restricting which trades can be cleared in the $26 trillion credit-default swap market.
The Justice Department said July 15 it was investigating users of credit-default swaps as U.S. lawmakers seek to regulate the $592 trillion over-the-counter derivatives market, which helped worsen the biggest financial calamity since the Great Depression. Trading in OTC contracts provides as much as 40 percent of profits for Goldman Sachs Group Inc. and Morgan Stanley, according to research firm CreditSights Inc.
“Markit has been informed of an investigation by the Department of Justice into the credit-derivatives and related markets,” spokeswoman Teresa Chick said July 13 in an e-mailed statement in response to questions from Bloomberg News. Chick declined to comment last wee
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News Link • Government
Process server fired over unserved tickets; 1,000 photo enforcement cases reviewed
01/22/2009
•
Carli Brosseau, Tucson Citizen
Michael Dimenstein, an employee of Hawkins and E-Z Messenger Legal Support Providers, filed false affidavits of service in about 1,000 photo traffic enforcement cases with the Tucson City Court. Although the Dimenstein was terminated, Hawkins and E-Z Messenger is still contracted with Redflex, American Traffic Solutions, the Arizona Attorney General’s Office, and several municipal governments. The contract with Hawkins and E-Z Messenger is that American Traffic Solutions only pays when the serve is successful. Hmmmm…so I wonder how often this happens.
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Reported by:
Michele Power
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News Link • Economy - Economics USA
GDP Report Offers Positive Headline, But Negative Details
08/03/2009
•
Seeking Alpha
Friday’s GDP release was a sight for sore eyes. After experiencing sharp declines in the US economy for three consecutive quarters, the data for Q2 showed a decline of only 1% compared to the 1.5% that analysts were expecting. The news was enough to cause a number of economists to increase their forecasts regarding the “economic recovery” and was helpful in pushing stocks higher throughout most of the trading day.
A 1% drop is significantly better than the 6.4% drop we had in the first quarter right? Actually, the answer is NO! A drop is still a drop. Consider the fact that we had the worst decline in 27 years for the first quarter, and that in the second quarter we were still declining. It’s tough to find a silver lining with this dark cloud, but that doesn’t keep analysts from spinning it in order to attempt to prop up the equity markets. As Mark Twain so eloquently said, “There are three kinds of lies: lies, damned lies and statistics.” The point is that you can make statistics i
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News Link • China
China's Growth: Far Less than Meets the Eye
08/03/2009
•
Seeking Alpha
For those who, like me, are skeptical of the solidity of China’s economic growth and the basis for the commodity rally, this article is for you:
Copper’s 76 percent rally this year may soon end on signs that China has stockpiled more than it can use in new homes, cars and appliances.
Inventories monitored by the London Metal Exchange posted their first back-to-back weekly gains since February, increasing 8.3 percent from an eight-month low. Sumitomo Metal Mining Co., Japan’s second-largest smelter, said Chinese imports are slowing after record purchases boosted domestic supplies, and U.S. copper-scrap exporters report shipments to Asia are dropping.
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News Link • Healthcare
Politicians Face Angry Mobs Over Healthcare (VIDEO)
08/03/2009
•
The Business Insider
It's August, so it's time for Politicians to get outside the beltway and press the flesh with the real people back at home. Ick. Who wants to do that? When they're not facing the wrath of insane "birthers" (and they are insane), pols on both sides of the aisle are being greeted by unruly crowds angry about proposed healthcare legislation. Here's Austin, TX Congressman Lloyd Doggett
here's Arlen Specter getting a bronx cheer after suggesting that healthcare reform had to be done "fast."
Videos at site
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News Link • Economy - Economics USA
The War Against Specie Money & How we can Win it at Face Value
08-03-2009
•
Franklin Sanders
Usually I don't talk about
this. About all I can do is watch events, recognize, identify,
and bite my tongue. Right now a war is raging,
a war over 100 years old, a war to suppress specie (gold and
silver) money and replace it with bank money.
It's easy to write off someone
like me as a monetary crank. After all, the federal government
was after him and there was a long trial and he was acquitted,
but you know, where there's smoke, there's fire. And then there
was a state trial, and he was convicted. Besides, doesn't he
know the economy and finance have progressed so much that they've outgrown silver and gold?
Unless you have ever been the
victim of a US government persecution (sic -- I did not
write prosecution), you cannot even dimly appreciate the
bloodthirsty viciousness of the US criminal justice system and
its thugs. They identify a victim,
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Thomas Costanzo
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News Link • Corruption
Breaking News! TARP Fraud Downtown building raided - by FBI
08/03/2009
•
Fox
FBI agents from the Washington, D.C. field office have raided a building in downtown Orlando. Federal and local law enforcement surrounded the Colonial Bank building on East Pine Street in Orlando just before noon.
The FBI is working with the Office of the Special Inspector General for the Troubled Asset Relief Program which was established by the Emergency Economic Stabilization Act of 2008.
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News Link • Healthcare
Healthcare Plan Gives Gov't Acess To Your Bank Accounts!!
08-03-2009
•
www.economicpolicyjournal.com
It is too expansive for many to read, but there are people out there who ARE reading it. And after reading it, if you ever got your hands on anyone associated with this slime, you would never stop slapping them.
Our friend, Peter Fleckstein, shares with us what he is finding,....
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Reported by:
Chip Saunders
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Feature Article • Healthcare Industry
Healthcare Plan Based on Economic Fantasy - by U.S. Rep. Ron Paul, M.D.
Powell Gammill
As the healthcare debate rages on, there is one reality that even the
proponents of this hostile takeover of healthcare by government cannot
ignore " and that is money. The government simply does not have the
money for a new, expansive, public healthcare plan. The country is in
a deep recession that will deepen even further with the coming collapse
of the commercial real estate market. The last thing we need is for
government to increase and expand taxes to pay for another damaging,
wasteful program. Foreigners are becoming less enthusiastic about
buying our debt, and creating another open-ended
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News Link • Federal Reserve
End the Fed? A not-so-crazy idea
08/03/2009
•
Christian Science Monitor
Congressman Ron Paul's bill may never pass, but history suggests the US economy would be better off without the Federal Reserve
Since it was introduced in February, Representative Ron Paul's "Audit the Fed" bill (H.R. 1207) has gained 282 congressional cosponsors. If adopted, the bill would allow the Government Accountability Office to review, not only the Federal Reserve's balance sheet, but its recent monetary policy deliberations and transactions.
Fed Chairman Ben Bernanke opposes the plan, saying it would undermine the Fed's hallowed independence.
But Mr. Paul, a noted libertarian who ran for president last year, also wants to keep the Fed out of Congress's clutches " by scrapping it altogether. That's the goal of his follow-up Federal Reserve Board Abolition Act (H.R. 833). Although that measure has yet to gain a single cosponsor, it has plenty of grass-roots support, and Paul hopes that members of Congress will jump on the bandwagon once t
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News Link • Healthcare Industry
Drake tells Congress “No” to ObamaCare
08-03-2009
State Representative Brad Drake signed onto an official letter from the American Legislative Exchange Council (ALEC) to Congressional leaders, which was delivered on July 29, expressing the will of more than 1,800 state legislators opposing federal reform efforts"particularly, the Medicare-modeled “public plan” and a national health insurance exchange"which will trample states’ rights and lead Americans down the road to single-payer health care.
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Dave Hodges
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News Link • World News
Warning: Oil supplies are running out fast
08/03/2009
•
By Steve Connor, Science Editor, The Independent
The world is heading for a catastrophic energy crunch that could cripple a global economic recovery because most of the major oil fields in the world have passed their peak production, a leading energy economist has warned.
Higher oil prices brought on by a rapid increase in demand and a stagnation, or even decline, in supply could blow any recovery off course, said Dr Fatih Birol, the chief economist at the respected International Energy Agency (IEA) in Paris, which is charged with the task of assessing future energy supplies by OECD countries.
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Lauren Roseman
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