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Date Sent: 2008-12-25
Freedom's Phoenix Headline News for Thursday, December 25, 2008 |
1/3 of Banks Will Disappear Next Year --The Federal Reserve Abolition Act - by Stephen Lendman
Angels at the Hospital -- $7 Trillion in wealth has vaporized in one year -- Did KBR Expose Troops to Toxin? -- Bush pardons man who helped form Israel -- Naming '08 Minn. Senate Winner Will Take Until '09 -- The CFTC Is Failing to Regulate Commodity Market Ponzi Schemes -- List of people pardoned by George W. Bush -- Investor Who Lost Big to Madoff Kills Himself -- Unemployment Filings Reach 26-Year High -- Japan Should Scrap U.S. Debt; Dollar May Plummet -- Herod’s Henchmen, and those who do the evil bidding of the 'Washington War Party' -- Obama Wants Bush Pentagon Appointees to Stay: What Change?
Merry Christmas from Freedom's Phoenix
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News Link • Humor
Welcome to NORAD Tracks Santa
12-24-2008d
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Norad
North American Aerospace Defense Command (Norad) has already started tracking Santa's flight. (Fun for the little ones)
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Reported by:
Ernest Hancock
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News Link • Economy - Economics USA
A Question Worth Considering for the New Year...
12-24-08
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Jessescrossroadcafe.blogspot.com
No. The key participants in the Ponzi scheme are continuing to take their gains out, in dividends and bonuses, front running the final collapse and admission that "its all gone, we're bankrupt."
Read Full Story
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Reported by:
Jack Gregson
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News Link • Economy - Economics USA
2009: Already Looking Bleak - $7 Trillion in wealth has vaporized in one year
12-24-08
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Michael Shedlock / Mish
Roughly $10 Trillion in household wealth will be vaporized in little over a year. And looking ahead, there is no reason to believe the stock market, the housing market, or the economy will show signs of recovery anytime soon.
Read Full Story
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Reported by:
Jack Gregson
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News Link • WAR: About that War
Did KBR Expose Troops to Toxin? American Soldiers Are Dying of Lung Cancer - And May Have Been Knowi
12-24-2008
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http://www.cbsnews.com/
The military contractor Kellogg Brown and Root, known as KBR, has won more than $28 billion in U.S. military contracts since the beginning of the Iraq war. KBR may be facing a new scandal. First, accusations its then-parent company [Cheney's] Hal
Read Full Story
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Reported by:
Jim Stachowiak
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News Link • Bush Administration
Bush pardons man who helped Israel during wartime
12-24-2008
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AP
Members of the Jewish community, who adorned his father's funeral with blue and white flowers symbolic of the Israeli flag, filled in details. His obituary in The Miami Herald read, "Charles Winters, 71, aided birth of Israel."
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Reported by:
Powell Gammill
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News Link • Economy - Economics USA
Weekly Unemployment Claims: 26 Year High
12-24-08
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CalculatedRisk.blogspot.com
In the week ending Dec. 20, the advance figure for seasonally adjusted initial claims was 586,000, an increase of 30,000 from the previous week's revised figure of 556,000.
Read Full Story
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Reported by:
Jack Gregson
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News Link • Police State
U.S. Army Ready If The Downturn Gets Out Of Hand
12-24-2008
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PrisonPlanet.com
The US Army War College is on the case - ready to handle “unforeseen economic collapse” and the “rapid dissolution of public order in all or significant parts of the US.”
Read Full Story
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Reported by:
Ernest Hancock
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News Link • Economy - International
Analyst: One Third Of Banks Could Collapse In 2009
12-24-2008
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PrisonPlanet.com
...only five or six global banks have enough funds to survive comfortably throughout 2009. “The rest of the banks, and that means a thousand other banks, don’t have enough money to get themselves through 2009,” added Silva.
Read Full Story
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Reported by:
Ernest Hancock
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News Link • Revolutions, Rebellions & Uprisings
Nobel Peace Prize Laureate Suggests Using Violence
12-24-2008
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RawStory.com
LONDON (AFP) " Archbishop Desmond Tutu launched a stinging attack on South Africa Wednesday, accusing it of failing to stand up to Zimbabwe's President Robert Mugabe and betraying its apartheid legacy.
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Reported by:
Ernest Hancock
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News Link • Voting and Elections
Naming '08 Minn. Senate Winner Will Take Until '09
12-24-2008
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ABC
Minnesota voters won't know who won the state's U.S. Senate race this year, and it's looking more likely that the new Congress will be sworn in before the race ends between Democrat Al Franken and Republican incumbent Norm Coleman.
Read Full Story
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Reported by:
Ernest Hancock
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News Link • Economy - Economics USA
So. Cal. Real Estate: 15 Zip Codes Have Seen Prices Fall 50 to 80 Percent
12-24-08
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DoctorHousingBubble.com
Many more zip codes have already breached the 50 percent decline from their peak but on a year over basis, are down 40 percent. You may be thinking that this is only hitting more lower priced areas. That is not the case. This is an equal opportuni
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Reported by:
Jack Gregson
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News Link • Conspiracies
The CFTC Is Failing to Regulate Commodity Market Ponzi Schemes
12-24-08
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jessescrossroadscafe.blogspot.com/
It is becoming obvious that there is significant price manipulation in the commodity markets, to the point where they have become nothing more than Ponzi schemes in which the object of the investment will never be delivered, and a market roiling defa
Read Full Story
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Reported by:
Jack Gregson
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News Link • Bush Administration
List of people pardoned by George W. Bush
12-24-2008
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Wkipedia
This list is a subset of the list of people pardoned or clemenced by a United States president. The order in the list of pardons is alphabetical, the year is the date of conviction. Commutations are shown in the order granted.
Read Full Story
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Reported by:
Ernest Hancock
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News Link • Corruption
Investor Who Lost Big to Madoff Kills Himself
12-24-2008
A fund manager who lost more than $1 billion was discovered dead Tuesday after committing suicide at his Manhattan office, marking a grim turn in a scandal that has left investors around the world in financial ruin. (Dec. 23)
Read Full Story
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Reported by:
Ernest Hancock
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News Link • Economy - Economics USA
1/3 of Banks Will Disappear Next Year
12-24-08
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CNBC.com/
Over a 1,000 banks in the G8 countries are not expected to survive 2009. Many banks don't have enough money to survive in 2009, but mergers will keep their brands alive, said Ralph Silva of TowerGroup.
Read Full Story
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Reported by:
Jack Gregson
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News Link • Economy - Economics USA
Unemployment Filings Reach 26-Year High
12-24-2008
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Washington Post
The last time claims were that high was Nov. 27, 1982. The four-week moving average, which is a less volatile indicator, rose to 558,000 from 544,250, also a 26-year high.
Read Full Story
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Reported by:
Ernest Hancock
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News Link • Economy - International
Japan Should Scrap U.S. Debt; Dollar May Plummet, Mikuni Says
12-24-2008
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By Stanley White and Shigeki Nozawa for Bloomberg
Japan should write-off its holdings of Treasuries because the U.S. government will struggle to finance increasing debt levels needed to dig the economy out of recession, said Akio Mikuni, president of credit ratings agency Mikuni & Co.
Read Full Story
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Reported by:
Ernest Hancock
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News Link • Federal Reserve
The Curtains Are On Fire: MSM Mouth Breathers Will Never See It Coming
12-23-08
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Market-Ticker.Denninger.net
The dollar may lose as much as 40 percent of its value to 50 yen or 60 yen from the current spot rate of 90.40 today in Tokyo unless Japan takes “drastic measures” to help bail out the U.S. economy, said Akio Mikuni, president of credit ratings agenc
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Reported by:
Jack Gregson
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News Link • Religion: Believers
Herod’s Henchmen, and those who do the evil bidding of the 'Washington War Party'
12-23-08
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LewRockwell.com
Herod did nothing of the kind " but his henchmen did. Not only could Herod have not possibly killed all of these children himself; the leaders of the state always rely on their nationalistic and patriotic subjects to do their dirty work.
Read Full Story
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Reported by:
Jack Gregson
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News Link • Obama Administration
Obama Wants Bush Pentagon Appointees to Stay: What Change?
12-23-08
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Antiwar.com
It may sit well with them, but how will it sit with millions of Obama voters who cast their ballot on the assumption that it would bring about genuine change?
Read Full Story
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Reported by:
Jack Gregson
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| Tags: freedoms, phoenix, archives, politics, libertarian, alternative, government, freedom |
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