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Date Sent: 2008-04-08
Freedom's Phoenix Headline News for Wednesday, April 9, 2008 |
Fed: Severe U.S. downturn possible, prices worrying -- Secret U.S. plan for military future in Iraq
Ron Paul Not Endorsing Bob Barr,... or anyone else! - by Ernest Hancock -- Petraeus asks for more time before setting troop withdrawal date -- Citigroup, Wells Fargo Downgraded -- Fed prints another $50 billion in bailout -- We have a tiger by the tail - by Gary North -- Credit crisis could cost nearly $1 trillion -- Volcker Says Fed's Bear Loan Questionable Legality -- Greenspan: U.S. in recession, need taxpayer bailout -- Iran installing 6,000 new centrifuges -- Best Censors of Last Year -- Millions wasted or defrauded on gov't credit cards -- Why You Should Nominate Mary Ruwart - by Melinda Pillsbury-Foster -- Remember John McCain? - by Dick Morris and Eileen McGann -- MISH: Case for an "L" Shaped Recession -- Pending Home Sales Hit New Low -- FBI eavesdrops on IMs, emails and cell phones -- Paul backers nab delegates -- Onward the Revolution! - by Patrick J. Buchanan -- The Emerging Surveillance State - by Ron Paul -- Now!... as in Not later - by Ernest Hancock
Ira Chernus on the Scott Horton Show at Antiwar Radio
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News Link • WAR: About that War
Petraeus asks for more time before setting troop withdrawal date
4-8-2008
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McClatchy News
7 months after telling Congress that he would offer a plan for reducing the troop presence, the general instead recommended a halt in troop withdrawals after roughly 30,000 "surge" troops leave this summer, followed by at least 45 days to c
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Reported by:
Powell Gammill
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News Link • Economy - Economics USA
Senate housing bill wins key test vote
4-8-2008
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Reuters
The U.S. Senate voted overwhelmingly to proceed on a bill tackling the nation's housing market crisis with a range of tax breaks for corporations and some help for homeowners.
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Reported by:
Powell Gammill
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News Link • Economy - Economics USA
Citigroup, Wells Fargo May Loan Less After Downgrades
4-8-2008
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Bloomberg
Bank holding companies including Citigroup, Bank of America and Wells Fargo have the thinnest safety cushion against losses. May erode further in coming weeks. Falling below a benchmark intended to protect depositors against losses
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Reported by:
Powell Gammill
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News Link • Federal Reserve
Fed prints another $50 billion in bailout
4-8-2008
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AP
The Federal Reserve, still working to combat the effects of a severe credit squeeze, said it had auctioned another $50 billion to cash-strapped banks. The Fed auction marked the ninth in a series that began in December that pumped $310 billion in sho
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Reported by:
Powell Gammill
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News Link • Federal Reserve
We have a tiger by the tail - by Gary North
4-9-08
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LewRockwell.com
The government and the FED have worked together to create this crisis. They will work together to cover up the effects of prior policies. This will lead to even greater crises.
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News Link • Iran
U.S. blames Iran, Syria and Hezbollah for violence in Iraq
4-09-08
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Wiredispatch.com
The top two U.S. officials in Iraq accused Iran, Syria and Lebanon's Hezbollah Tuesday of fueling recent fighting in Baghdad, saying Tehran and Damascus were pursuing a "Lebanization strategy" in Iraq.
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News Link • Economy - Economics USA
Credit crisis could cost nearly $1 trillion, IMF predicts
4-8-2008
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Bloomberg
The International Monetary Fund said financial losses stemming from the US mortgage crisis might approach $1 trillion, citing a "collective failure" to predict the breadth of the crisis. Falling US house prices and rising delinquencies may
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Reported by:
Powell Gammill
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News Link • Economy - Economics USA
Volcker Says Fed's Bear Loan Stretches Legal Power
4-8-2008
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Bloomberg
Former Federal Reserve Chairman Paul Volcker questioned the central bank's decision to rescue Bear Stearns Cos. with a $29 billion loan, saying it was at "the very edge'' of its legal authority. [wow]
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Reported by:
Powell Gammill
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News Link • Economy - Economics USA
Greenspan on CNBC: U.S. in recession, need taxpayer bailout
4-8-2008
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Reuters
Former Federal Reserve Chairman Alan Greenspan said the U.S. economy was in recession, and said it would be appropriate to tap public funds to resolve the mortgage-related crisis that has helped pull the economy under.
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Reported by:
Powell Gammill
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News Link • Iran
Iran installing 6,000 new centrifuges at Natanz
4-8-08
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news.bbc.co.uk
Iran is already thought to have some 3,000 centrifuges - which are used to enrich uranium - at its Natanz plant.
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News Link • Economy - Economics USA
Fed: Severe U.S. downturn possible, prices worrying
4-8-2008
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Reuters
Members of the U.S. Federal Reserve's policy-setting committee worried at their most recent meeting that housing and financial market stress could trigger a nasty slide in the economy, even as inflation pushed higher.
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Reported by:
Powell Gammill
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News Link • Communications
THE 2008 JEFFERSON MUZZLES: Who were the Best Censors of Last Year?
4-8-2008
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Thomas Jefferson Center
Toping the seventeenth annual list of the country’s most egregious and ridiculous censors is The Federal Communications Commission (earning only the 2nd "Lifetime" Muzzle ever awarded) for its inconsistent and unpredictable standards for de
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Reported by:
Powell Gammill
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News Link • Corruption
GAO: Millions wasted or defrauded on gov't credit cards
4-8-2008
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AP
Federal employees charged millions of dollars for Internet dating, tailor-made suits, lingerie, lavish dinners and other questionable expenses to their government credit cards over a 15-month period, congressional auditors say. [What's new?]
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Reported by:
Powell Gammill
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News Link • Bush Administration
Secret U.S. plan for military future in Iraq
4-8-08
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Guardian.co.uk
A confidential draft agreement covering the future of US forces in Iraq, passed to the Guardian, shows that provision is being made for an open-ended military presence in the country.
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News Link • Bush Administration
Ahmadinejad: U.S. used Sept. 11 as 'pretext' for invasions
4-8-08
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Rawstory.com
He also asked how it was possible that advanced radar and intelligence systems did not detect the planes before they hit the towers of the World Trade Centre in New York.
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News Link • Eugenics
10 min. TV Interview with Christine Smith (LP Pres. Candidate)
03-08-2008
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Paid for by Christine Smith for President
Smith interviewed, April 4, 2008, on the Missouri Viewpoints TV program with host Mike Ferguson. (Video courtesy of Missouri Viewpoints.)
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Reported by:
Christine -
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News Link • Eugenics
Remember John McCain?
by Dick Morris and Eileen McGann
4-8-2008
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Townhall
He's the guy who was running for president before all the national attention shifted to Obama and Clinton. Now, McCain seems to be only an afterthought, at best, or an anachronism, at worst. He has got to get back into the game
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Reported by:
Powell Gammill
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News Link • History
Missing Reagan: Bakers Dozen of Ronald Reagan Quotes
04-08-2008
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RidesAPaleHorse
“The most terrifying words in the English language are: I’m from the government and I’m here to help.’” Do you miss this guy? I know I sure as hell do.
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Reported by:
Randy Ricochet
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News Link • Transportation
NYC Mayor Loses Big on Traffic Toll Fee Plan
4-8-2008
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AP
US Transportation Sec. Mary Peters said the administration hoped congestion pricing in New York could serve as a model for other cities nationwide. Charging drivers fees in congested city centers is a concept that has gained popularity around the wor
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Reported by:
Powell Gammill
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News Link • Economy - Economics USA
Case for an "L" Shaped Recession
4-8-08
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Michael Shedlock / Mish
What's not debatable is what will happen if $1 trillion is written off. And that is the other "D" word: "deflation". A $1 trillion debt writeoff can hardly mean anything else. Furthermore, a $1 trillion writeoff will affect a
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News Link • Economy - Economics USA
Vegas: Foreclosures, short sales, bring big drop in prices
4-8-08
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Las Vegas Review Journal.com
More than half of Las Vegas home sales in March were foreclosures or short sales, the president of Greater Las Vegas Association of Realtors said Monday.
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News Link • Economy - Economics USA
Pending Home Sales Hit New Low
4-8-08
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biz.Yahoo.com.ap
The National Association of Realtors' seasonally adjusted index of pending sales for existing homes fell to 84.6 from January's upwardly revised reading of 86.2. The index stood at 107.6 in February 2007.
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News Link • Police State
Documents prove FBI eavesdrops on IMs, emails and cell phones
4-8-08
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Rawstory.com
Documents show the FBI has obtained the private records of Americans' Internet service providers, financial institutions and telephone companies, for the military, according to more than 1,000 Pentagon documents....
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News Link • Eugenics
Paul backers manage to nab delegates
4-8-2008
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Star Tribune
In Minnesota and elsewhere, their tactics raised eyebrows, but they're hoping to earn him stage time at the GOP national convention. [good quotes]
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Reported by:
Powell Gammill
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News Link • Eugenics
Onward the Revolution!
by Patrick J. Buchanan
4-8-2008
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Human Events
Having cheerfully confessed he knows little about economics, John McCain is advancing himself as a foreign-policy president, a "realistic idealist." Judging from the content of his speech, McCain is no more a realist than he is reflective
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Reported by:
Powell Gammill
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News Link • Police State
The Emerging Surveillance State - by Ron Paul
4-8-08
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Antiwar.com
In communist East Germany , one in every 100 citizens was an informer for the dreaded secret police, the Stasi. They either volunteered or were compelled by their government to spy...
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| Tags: freedoms, phoenix, archives, politics, libertarian, alternative, government, freedom |
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