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Date Sent: 2009-03-02
Freedom's Phoenix Global Edition for Monday, March 2, 2009 AM Edition
 
Asian Markets Slump in Monday Trading -- Worst job losses in 60 years expected

Case May Define When a Judge Must Recuse Self -- Ukraine Teeters as Citizens Blame Banks and Government -- The Federal Reserve and AIG -- Mish: Commercial Real Estate Mutiny In Downtown LA -- Iran nearing economic meltdown -- EU Rejects Pleas for Eastern European Aid Package -- Sci-Fi Icon Philip Jose Farmer Passes -- Median Home Price in Detroit = $7,500 -- The Economic Crisis and Why It's Happening - by Jet Lacey -- Obama, Confidence Man -- AZ Governor urges action to avert fiscal 'catastrophe' -- Mish: Who Bears the Burden for a $3 Trillion Mistake? -- Conservative Icon Broadcaster Paul Harvey Dead at 90 -- Video: Seattle Cop Beats 15 year old Girl For being “Mouthy” -- Japan's economy in 'terminal decline' -- President's budget results in total debt-to-GDP ratio of 96% and rising -- Bank of America Loans Valued at $44 Billion Less Than Books Say -- Big Banks: "Our Tier 1 Ratio Is Strong!" -- Warren Buffett: Economy Will Be ‘In Shambles’ -- “Ron Paul’s on Fire! How you can identify a Conservative” -- BUG OUT PROPERTY! -- First and foremost, we are sovereign states of America - by Mark Yannone
 
Asian Markets Slump in Monday Trading News Link  •  Economy - International
 Asian Markets Slump in Monday Trading
03-01-2009  •  NY Times 
Asian stock markets slumped Monday morning amid resurgent concern " fueled by poor growth data in the United States " that a recovery in the global economy and renewed demand for exports are unlikely to materialize until next year.  Read Full Story
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Reported by: Powell Gammill
Tactical Success, Strategic Defeat News Link  •  WAR: About that War
Tactical Success, Strategic Defeat
03-01-2009  •  Washington Post 
By midmorning, hundreds of angry people were blocking the nearby highway, burning tires and shouting "Death to America!" By mid-evening, millions of Afghan TV news viewers were convinced that foreign troops had killed an unarmed man trying  Read Full Story
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Reported by: Powell Gammill
Case May Define When a Judge Must Recuse Self News Link  •  Criminal Justice System
 Case May Define When a Judge Must Recuse Self
03-01-2009  •  Washington Post 
A company's CEO vowed an appeal to the West Virginia Supreme Court -- but first, he spent an unprecedented $3 million to persuade voters to get rid of a judge he didn't like and elect one he did. That judge provided the deciding vote  Read Full Story
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Reported by: Powell Gammill
Ukraine Teeters as Citizens Blame Banks and Government News Link  •  Economy - International
 Ukraine Teeters as Citizens Blame Banks and Government
03-01-2009  •  NY Times 
Steel and chemical factories, once the muscle of Ukraine’s economy, are dismissing thousands of workers. Cities have had days without heat or water because they cannot pay their bills, and Kiev’s subway service is being threatened. Lines are sproutin  Read Full Story
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Reported by: Powell Gammill
“Homeland Security USA” shows how to travel without ID News Link  •  Homeland Security
 “Homeland Security USA” shows how to travel without ID
03-01-2009  •  Papers Please 
Travel on a common carrier is, by law, a right, not a privilege, as long as you pay the fare and comply with the law and the terms of the airline’s tariff. No publicly-disclosed law or regulation requires you to show ID to fly on a domestic U.S. flig  Read Full Story
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Reported by: Terry Bressi
Tooch tussles with the cops over speed cameras News Link  •  Arizona's Top News
 Tooch tussles with the cops over speed cameras
03-01-2009  •  Disloyal Opposition 
Speed cameras can't be trusted, and neither can the people who operate them  Read Full Story
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Reported by: Terry Bressi
A Soldier's Viewpoint on Surviving Nuclear, Chemical and Biological Attacks News Link  •  Outdoor Survival
 A Soldier's Viewpoint on Surviving Nuclear, Chemical and Biological Attacks
06/12/07  •  SFC Red Thomas (Ret), Armor Master Gunner 
Since the media has decided to scare everyone with predictions of chemical, biological, or nuclear warfare on our turf, I decided to write a paper and keep things in their proper perspective. I am a retired military weapons, munitions, and training e  Read Full Story
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Reported by: Tyger Gilbert
Black Hole Alert: AIG to Get as Much as $30 Billion More News Link  •  Obama Administration
 Black Hole Alert: AIG to Get as Much as $30 Billion More
03-01-2009  •  NakedCapitalism.com 
Before you say, "they can't do that", recall the effective confiscation of gold in the Great Depression. rationing, wage and price controls, the suspension of habeus corpus. There is a good deal that the Feds could do if they chose to,  Read Full Story
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Reported by: Jack Gregson
Is Ireland fated to be another Iceland? News Link  •  Economy - International
 Is Ireland fated to be another Iceland?
03-01-2009  •  Guardian.co.uk/ 
Now he expects the economy to contract by 20%. And his latest prediction - to which he attaches a 25% probability - is that Ireland will default...  Read Full Story
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Reported by: Jack Gregson
Mish: Commercial Real Estate Mutiny In Downtown LA News Link  •  Economy - Economics USA
 Mish: Commercial Real Estate Mutiny In Downtown LA
03-01-2009  •  Michael Shedlock / Mish 
The mass mutiny at Grand Central Market provides a strong hint at what's coming.  Read Full Story
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Reported by: Jack Gregson
More Lawlessness: The Federal Reserve and AIG News Link  •  Federal Reserve
 More Lawlessness: The Federal Reserve and AIG
03-01-2009  •  Market-Ticker.Denninger.net 
That they would take an equity stake in a firm based in Hong Kong is beyond outrageous.  Read Full Story
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Reported by: Jack Gregson
Devotion to God News Link  •  Religion: Believers
 Devotion to God
03-01-2009  •  Christine Smith's Blog 
"Simply have the humility to seek. Resistance only comes from your pride. Relinquish pride, and pray."  Read Full Story
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Reported by: Christine -
4409 -- YOUR studio Update: Don't dream it, Do it! Reference Link  •  Videos by 4409
 4409 -- YOUR studio Update: Don't dream it, Do it!
Youtube 4409 
   This is YOUR studio so why not help build it?
Entered by: Forty Four O Nine
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Nouriel Roubini: The L Curve News Link  •  Economy - Economics USA
 Nouriel Roubini: The L Curve
03-01-2009  •  NYtimes.com 
And things could get worse. We now face a 1 in 3 chance that, if appropriate policies are not put in place, this ugly U-shaped recession may turn into a more virulent L-shaped near-depression or stag-deflation  Read Full Story
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Reported by: Jack Gregson
Is the California True Unemployment Rate at 18.47 Percent? News Link  •  Economy - Economics USA
 Is the California True Unemployment Rate at 18.47 Percent?
03-01-2009  •  mybudget360.com/ 
California is a microcosm of the entire United States. The most populace state with a GDP of $1.8 trillion, much of what happens in California does spread throughout the country. California’s employment situation is deteriorating at a breathtaking  Read Full Story
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Reported by: Jack Gregson
Worst job losses in 60 years expected News Link  •  Economy - Economics USA
 Worst job losses in 60 years expected
03-01-2009  •  marketwatch.com/ 
The recession tightened its grip on U.S. businesses and consumers in February, according to economists, who are predicting the largest one-month job loss in almost 60 years.  Read Full Story
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Reported by: Jack Gregson
Brezezinski's Grand Chessboard: Iran nearing economic meltdown News Link  •  Iran
 Brezezinski's Grand Chessboard: Iran nearing economic meltdown
03-01-2009  •  Infowars.com/ & BBC.co.uk 
The sharp downward spiral of oil prices has prompted economists to predict that Tehran is facing severe financial hardship within the space of a few months.  Read Full Story
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Reported by: Jack Gregson
News Link  •  Space Travel and Exploration
 Sci-Fi Icon Philip Jose Farmer Passes
03-01-2009  •  PJFarmer.com 
My all-time FAVORITE Sci-Fi author Philip Jose Farmer died Wednesday. This great man had more impact on me becoming who I am today more than any other person on Earth, and I will truly miss him!  Read Full Story
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Reported by: Ed Vallejo
EU in Crisis: EU Rejects Pleas for Eastern European Aid Package News Link  •  Economy - International
 EU in Crisis: EU Rejects Pleas for Eastern European Aid Package
03-01-2009  •  Bloomberg.com 
Investors fleeing eastern Europe to cover losses at home have pushed down Poland’s zloty by 28 percent against the euro in the past six months, Hungary’s forint by 21 percent, Romania’s leu by 18 percent and the Czech koruna by 12 percent.  Read Full Story
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Reported by: Jack Gregson
Median Home Price in Detroit = $7,500 News Link  •  Economy - Economics USA
 Median Home Price in Detroit = $7,500
03-01-2009  •  ritholtz.com/blog/ 
Granted, its in one of the most economically devastated regions of the country, but still " that data point is amazing.  Read Full Story
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Reported by: Jack Gregson
Nationals general manager resigns for hiring people News Link  •  Entertainment: Sports
 Nationals general manager resigns for hiring people
03-01-2009  •  AP 
Jim Bowden resigned after four seasons as the Washington Nationals general manager, leaving under the cloud of a federal investigation into the skimming of signing bonuses given to Latin American prospects. He has maintained his innocence in the matt  Read Full Story
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Reported by: Powell Gammill
4409's CameraFRAUD ready for Trial Feature Article  •  Videos by 4409
 4409's CameraFRAUD ready for Trial
Ernest Hancock
   $1800 left to cover final costs
Make a Comment   •   Email this Article   •   Send Letter to Editor
4409 -- The Revolution WILL be televised! Feature Article  •  Videos by 4409
 4409 -- The Revolution WILL be televised!
Forty Four O Nine
   Congratulations to those who have donated so far, you just bought yourself a studio of truth.
Make a Comment   •   Email this Article   •   Send Letter to Editor
Now We Really Know the Rest of the Story News Link  •  Media: Radio
 Now We Really Know the Rest of the Story
03-01-2009  •  3-1-2009 
Paul Harvey, the news commentator and talk-radio pioneer whose staccato style made him one of the nation's most familiar voices, died Saturday in Arizona, according to ABC Radio Networks. He was 90.  Read Full Story
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Reported by: Brock Lorber
Gov. Arnold Schwarzen-nazi says he News Link  •  Constitution
 Gov. Arnold Schwarzen-nazi says he "absolutely" loves the idea of holding a constitutional
03/01/2009  •  Infowars.com 
"It makes no sense that the governor is surrounded by constitutional officers who are trying to derail him," Schwarzenegger says. "Look at the way the nation runs: The president appoints those Cabinet positions. Sig Heil and all of th  Read Full Story
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Reported by: Jet Lacey
Looking At The Big Picture News Link  •  Police State
 Looking At The Big Picture
03-01-2009  •  UAFF 
Except for a few hundred thousand U.S. Patriots, most Americans have no clue what has really been going on within The United States over the past 100 years, and the sad thing is that most do not want to know the truth.  Read Full Story
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Reported by: Jim Stachowiak
Talking Shop With a ‘Vulture’ Investor News Link  •  Economy - Economics USA
 Talking Shop With a ‘Vulture’ Investor
02-28-2009  •  nymag.com/daily/intel/ 
The banks are carrying second-lien loans at par and have hundreds of billions of dollars of them. We just bought some at 33 cents on the dollar in the market. If they turn out to be worth 33, every bank would collapse.  Read Full Story
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Reported by: Jack Gregson
The Economic Crisis and Why It's Happening Opinion  •  Economy - Economics USA
 The Economic Crisis and Why It's Happening
02-28-2009
Jet Lacey
   When this crisis started to unfold, I thought “Hmmm.” Something about this stinks, and chances are, if it smells like bulls**t it probably is. To quote Alex Jones on his radio show the other day, “It starts with investigating one lie and a whole un
Make a Comment   •   Email this Column   •   Send Letter to Editor
'We Will Recover' - President B. Obama... No We Won't Says G. Celente News Link  •  Obama Administration
 'We Will Recover' - President B. Obama... No We Won't Says G. Celente
02-28-2009  •  Rense.com 
What is a Confidence Man and what makes us say President Obama is conning the public? A con man succeeds by gaining the confidence of the victim. In this case the victim is the taxpayer  Read Full Story
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Reported by: Jack Gregson
Arizona in Fiscal Freefall: Brewer to urge action to avert 'catastrophe' News Link  •  Arizona's Top News
 Arizona in Fiscal Freefall: Brewer to urge action to avert 'catastrophe'
02-28-2009  •  AZcentral.com 
Gov. Jan Brewer will address a rare joint session of the Legislature on Wednesday evening, when she will detail a state in fiscal freefall...  Read Full Story
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Reported by: Jack Gregson
Mish: Who Bears the Burden for a $3 Trillion Mistake? News Link  •  Economy - Economics USA
 Mish: Who Bears the Burden for a $3 Trillion Mistake?
02-28-2009  •  Michael Shedlock / Mish 
Rather, the plan is to repudiate the bondholders, step by step, boiling each frog in order, hoping to minimize the fallout from foreign bondholders.  Read Full Story
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Reported by: Jack Gregson
Denninger: The Underlying Fraud In Banking News Link  •  Obama Administration
 Denninger: The Underlying Fraud In Banking
02-28-2009  •  Market-Ticker.Denninger.net 
This is not some abstract failure in the market - this is a series of actions that have been taken with the full intention of screwing you, by both Democrats and Republicans, so that a handful of robber barons masquerading as capitalists do not have  Read Full Story
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Reported by: Jack Gregson
Government Prepares the Public for Cradle to Grave Surveillance News Link  •  Police State
 Government Prepares the Public for Cradle to Grave Surveillance
02-28-2009  •  PrisonPlanet.com 
At approximately the same time we were told Obama rejected the GPS track and tax idea, CFR member and current DHS boss Janet Napolitano was rolling out the idea of “enhanced driver’s licenses,” that is to say RFID national ID cards.  Read Full Story
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Reported by: Jack Gregson
American Aliens Invade Mexico News Link  •  Mexico
 American Aliens Invade Mexico
02-28-2009  •  Surviving the Middle Class Crash 
You’ve got it, folks. American aliens are invading Mexico. Not with backpacks and children in tow, but on the winds of cross-pollination.  Read Full Story
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Reported by: Barbara Peterson
DEATH of the ROCKY MOUNTAIN NEWS in DENVER: a literary tragedy--why it happened Opinion  •  Media: Print
 CONNECTING THE DOTS
DEATH of the ROCKY MOUNTAIN NEWS in DENVER: a literary tragedy--why it happened
02-28-2009
Frosty Wooldridge
   How could one of the finest newspapers in the West get shot dead in its old age. You will find the answer astoundingly interesting.
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Japan's economy in 'terminal decline' News Link  •  Economy - International
 Japan's economy in 'terminal decline'
02-28-2009  •  News.BBC.co.uk 
Japan's worst recession in decades continues to deepen. The world's second largest economy saw industrial production fall by 10% in January, the biggest monthly drop since records began more than half a century ago. Video.  Read Full Story
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Reported by: Jack Gregson
President's budget results in total debt-to-GDP ratio of 96% and rising by 2010 News Link  •  Obama Administration
 President's budget results in total debt-to-GDP ratio of 96% and rising by 2010
02-28-2009  •  blownmortgage.com/ 
The source of all these bailouts, aid packages, stimulus, and so on is primarily funded by one thing: borrowing. Here’s what I found when perusing through the headlines today:  Read Full Story
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Reported by: Jack Gregson
Bank of America Loans Valued at $44 Billion Less Than Books Say News Link  •  Economy - Economics USA
 Bank of America Loans Valued at $44 Billion Less Than Books Say
02-28-2009  •  Bloomberg.com 
“That’s the heart of why these companies are trading where they are,” Friedman Billings Ramsey & Co. analyst Scott Valentin said in an interview. “Technically, if you mark-to- market the entire balance sheet, most of these banks are insolvent.”  Read Full Story
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Reported by: Jack Gregson
Big Banks: News Link  •  Obama Administration
 Big Banks: "Our Tier 1 Ratio Is Strong!"
02-28-2009  •  Market-Ticker.Denninger.net/ 
Take the large-cap companies that have held up "reasonably well" thus far and also are "legacy" firms - that is, firms that have been around for a long time and thus have pension obligations on their books. Zero the stock price of  Read Full Story
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Reported by: Jack Gregson
Warren Buffett: Economy Will Be ‘In Shambles’ for 2009 and Beyond News Link  •  Economy - Economics USA
 Warren Buffett: Economy Will Be ‘In Shambles’ for 2009 and Beyond
02-28-2009  •  Bloomberg.com 
While Buffett and business partner Charlie Munger can’t predict how stocks will perform in 2009, they’re certain “that the economy will be in shambles throughout 2009 - and, for that matter, probably well beyond,” he wrote.  Read Full Story
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Reported by: Jack Gregson
Galactica 1999 News Link  •  Entertainment: Movies
 Galactica 1999
02-28-2009  •  Roderick Long 
Back in 1999, Richard Hatch (who played Apollo on the original BSG and who plays Zarek on the new one) created a trailer for a proposed BSG continuation that would ignore Galactica 1980.  Read Full Story
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Reported by: Brock Lorber
“Ron Paul’s on Fire! How you can identify a Conservative” Feature Article  •  Politics: Republican Campaigns
 “Ron Paul’s on Fire! How you can identify a Conservative”
Ernest Hancock
   CNN Live.
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BUG OUT PROPERTY! News Link  •  Off Grid Living - Survival Prepping
 BUG OUT PROPERTY!
02-28-2009  •  Granny Warrior 
Established non-profit now leasing 75x150 plots of land on private well maintained road in west Texas for $500.00 one-time payment.  Read Full Story
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Reported by: Ernest Hancock
First and foremost, we are sovereign states of America News Link  •  Constitution
 First and foremost, we are sovereign states of America
02-28-2009  •  Mark Yannone 
Suitcase in hand, one foot out the door, many Americans have been wondering where to go to escape the crushing blows of the United States federal government. Well, you may not need to learn a foreign language.  Read Full Story
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Reported by:
The Future of the IAEA News Link  •  Foreign Policy
 The Future of the IAEA
02-28-09  •  Antiwar.com 
Obama's new UN ambassador rolls out old lies about Iran's nuke program. "Change"  Read Full Story
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Reported by: Lloyd Gaarder
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