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Date Sent: 2007-07-13
Freedom's Phoenix Headline News for Friday, July 13, 2007 |
House votes to withdraw troops from Iraq -- Subprime housing woes rekindle fears for US economy
McCain blames lack of support on ... -- McCain only has $250,000 left -- Firefighters pierce Rudy -- Romney proud to be a Republican -- First 9/11 damages trials to begin-- Senate Republicans block U.S. troop rest -- Our men in Iraq -- McCain Loses 2 Veteran Iowa Strategists -- Welcome Ron Paul to South Carolina GOP politics -- Pentagon as global landlord -- Police to wear "head-cameras" -- Stolen device contains 859,800 IDs -- McCain call raise ethics problems -- Nobel Peace Prize winner wants to "kill George Bush" -- DRUG PROHIBITION: GOOD PUBLIC POLICY?
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News Link • Economy - Economics USA
More Subprime Woes to Come
7-12-2007
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BusinessWeek
The subprime storm isn't blowing over. On July 10, credit-rating agencies Moody's Investors Service and Standard & Poor's warned of greater-than-expected losses for bonds backed by subprime loansâ€"news that helped send stocks tumbling.
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Reported by:
Powell Gammill
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News Link • Housing
More Heartache for Housing
7-12-2007
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BusinessWeek
Warnings from homebuilders continue to pile up, indicating a bottom in the housing downturn is still nowhere in sight. Ryland Group became the latest victim, warning it expects to post a sharp loss because of the continued deterioration in the
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Reported by:
Powell Gammill
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News Link • Economy - Economics USA
Stocks: Housing Woes Cast a Wider Net
7-12-2007
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BusinessWeek
Cracks that started showing up in the housing market last year are growing wider and deeper. On June 10, two homebuilders and two retailers blamed the housing market's unraveling for worsening outlooks, which led Standard & Poor's Equity Rese
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Reported by:
Powell Gammill
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News Link • Economy - Economics USA
Bloggers Downgrade Ratings Agencies
7-12-2007
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BusinessWeek
In what the online financial news site MarketWatch called "a huge harpoon into the heart of the mortgage credit bubble," S&P would likely cut the ratings on about $12 billion in debt and announced it would revise its criteria for assigning
Read Full Story
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Reported by:
Powell Gammill
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News Link • WAR: About that War
Much Iraq progress "unsatisfactory" : US report
7-12-2007
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AFP
The interim report into Bush's plan to surge an extra 30,000 more troops into Iraq, found satisfactory progress by the Baghdad government on only eight of 18 security and political benchmarks set by Congress.
Read Full Story
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Reported by:
Powell Gammill
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News Link • Housing
Subprime housing woes rekindle fears for US economy
7-12-2007
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AFP
Fresh troubles in the subprime segment of the US housing market have reignited fears of contagion that could affect the broad financial sector and possibly the broader economy, analysts say.
Read Full Story
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Reported by:
Powell Gammill
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News Link • Eugenics
McCain angrily blames his lack of support on ... gay sweaters
7-12-2007
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Radar
In the final days of his imploding candidacy, John McCain has taken a page out of Richard Nixon's play book, finding increasingly bizarre explanations for his failures. Strangest of all: He feels his handlers forced him to wear gay sweaters.
Read Full Story
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Reported by:
Powell Gammill
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News Link • Eugenics
It's worse for McCain: He has only $250,000 left
7-12-2007
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CNN
CNN has learned the already-dire situation for Sen. John McCain’s presidential campaign has gotten even worse, with 2 sources close to the candidate saying the campaign only has a paltry $250,000 left. McCain will reveal $1.75 million in unpaid debts
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Reported by:
Powell Gammill
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News Link • Eugenics
Firefighters do a number on Rudy
7-12-2007
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Fire Fighters Video
"Rudy has used the horrible events of September 11 to create a persona that is an elaborate fabrication," says IAFF General President Harold Schaitberger. "He is nothing more than a shameless self-promoter."
Read Full Story
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Reported by:
Powell Gammill
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News Link • Eugenics
Romney proud to be a Republican
7-12-2007
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video
Watch Mitt's blatant discomfort with the Republican label and repeatedly disrespecting the Grand Old Party and downplaying his connection to it. www.romneyfacts.com
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Reported by:
Powell Gammill
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News Link • Conspiracies
First 9/11 damages trials to begin in Sept: judge
7-12-2007
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Reuters
September 11 victims who sued airlines and their security contractors will have their cases heard for the first time almost six years after the hijacked plane attacks on the United States, a federal judge has ruled.
Read Full Story
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Reported by:
Powell Gammill
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News Link • WAR: About that War
US Senate Republicans block U.S. troop rest plan
7-12-2007
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Reuters
U.S. Senate Republicans blocked a proposal to give American troops in Iraq more rest from battle, as Democrats renewed their attempts to change President George W. Bush's Iraq policy.
Read Full Story
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Reported by:
Powell Gammill
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News Link • WAR: About that War
Our men in Iraq
7-12-2007
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Nation
The Nation has interviewed 50 combat veterans of the Iraq War to investigate the effects of the 4-year-old occupation on average Iraqi civilians. These combat veterans gave vivid, brutal on-the-record accounts rarely seen on TV or read in newspapers.
Read Full Story
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Reported by:
Powell Gammill
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News Link • WAR: About that War
US complains Iranian arms ending up in Iraqi terrorist's hands
7-12-2007
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The Guardian
Now the war drums have taken on a different tone. The Bush administration is testing a new rationale for attacking Iran: We must strike because Iranians are killing our soldiers in Iraq.
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Reported by:
Powell Gammill
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News Link • WAR: About that War
Turkey compains US arms ending up in Kurdish terrorist hands
7-12-2007
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AP
Turkey's ambassador to Washington said that U.S. weapons have been turning up in the hands of Kurdish guerrillas staging attacks in Turkey. [Will they launch a preemptive strike against us?]
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Reported by:
Powell Gammill
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News Link • Eugenics
McCain Loses 2 Veteran Iowa Strategists & blows a fund raiser(?)
7-12-2007
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AP
Ed Failor [of Ron Paul exclude fame] said he plans to leave. Both are GOP operatives with deep ties in Iowa. State Rep. Bob Allen, co-chair of his Florida campaign, was arrested after offering to perform oral sex for $20 on an undercover male
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Reported by:
Powell Gammill
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News Link • WAR: About that War
House votes to withdraw troops from Iraq
7-12-2007
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AP
The Iraqi government achieved only spotty military and political progress, the Bush administration conceded in an assessment that war critics quickly seized on as confirming their dire warnings. Within hours, the House voted to withdraw troops by spr
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Reported by:
Powell Gammill
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News Link • Military
The Pentagon as global landlord
07-12-2007
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Lew Rockwell(Tom Engelhardt)
As the editor of Chalmers Johnson's Blowback Trilogy for the American Empire Project, I was struck by an oddity when the second volume, The Sorrows of Empire: Militarism,Secrecy, and the End of the Republic, was published in 2004
Read Full Story
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Reported by:
Jean Carbonneau
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News Link • World News
Africans to Bono: 'For God's sake please stop'!
07-12-2007
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American.com
Here's a radical idea: if we really want to help, why not ask Africans, not their governments, how they perceive the challenges before them, the dreams they have for the future, and the resources they think they need to realize them?
Read Full Story
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Reported by:
Jean Carbonneau
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News Link • Central Intelligence Agency
Intelligence briefing on the hill
07-12-2007
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Mother Jones Blog
Concern that Al Qaeda is getting more comfortable in "ungoverned spaces" of Pakistan, due to various factors, including a recent agreement by the Pakistani authorities with tribal leaders to leave Islamic militants in Waziristan alone.
Read Full Story
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Reported by:
Jean Carbonneau
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News Link • Science, Medicine and Technology
Science's slump
07-12-2007
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Utne Reader
Science in the US is in trouble. "The numbers indicate that the American scientist population is not healthy," writes Marc Zimmer for Inside Higher Ed, "especially not in comparison to scientists in other countries." Only 13 per
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Reported by:
Jean Carbonneau
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News Link • Police State
UK: Police to get "head-cams"
07-12-2007
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This is Londona
Police officers in the UK are to be given head-mouted video cameras to film incidents and arrests, the footage of which can then be used in evidence. The Home Office is to give police 3 million pounds to fund a national roll-out of head cameras afte
Read Full Story
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Reported by:
Jean Carbonneau
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News Link • Privacy Rights
Ohio: Stolen device contains 859,800 IDs
07-12-2007
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AP
A stolen computer storage device contained more than twice the number of taxpayers' identifications than had been previously reporte, Gov. Ted Strickland said Wednesday, but he emphasized there is still no indication the data have been compromise
Read Full Story
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Reported by:
Jean Carbonneau
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News Link • Eugenics
McCain call raise ethics problems
07-12-2007
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New York Times
About 3pm Tuesday, Sen. John McCain ducked off the Senate floor, entered the Republican cloakroom and took out his mobile phone. Just hours after accepting the resignation of his two top campaign aides, he was making a conference call
Read Full Story
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Reported by:
Jean Carbonneau
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News Link • Bush Administration
Dallas, TX: Nobel Peace Prize winner wants to "kill George Bush"
7-12-2007
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AP
Nobel Peace Prize winner Betty Williams told a crowd of about 1,000 "Right now, I could kill George Bush," she said at the Adam's Mark Hotel and Conference Center in Dallas. "No, I don't mean that. How could you nonviolently ki
Read Full Story
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Reported by:
Powell Gammill
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News Link • World News
Secret ingredient in our buns? It's the cardboard.
7-12-2007
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AP
An undercover investigation by a Chinese TV crew found that chopped cardboard, softened in an industrial chemical and made tasty with pork flavoring, is the main ingredient in batches of steamed buns, called baozi sold in a Beijing neighborhood. Yum.
Read Full Story
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Reported by:
Powell Gammill
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Opinion • Drug War
CONNECTING THE DOTS
DRUG PROHIBITION: GOOD PUBLIC POLICY?
7-12-2007
Frosty Wooldridge
For 35 years, the U.S. Government continues waging a "War on Drugs" with zero results but at a cost of $80 billion annually. It's a fraud on the U.S. taxpayer. It's time for a change by a man who rides high in the saddle across Am
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News Link • Bush Administration
Bush's sarcastic response sends a girl into tears
7-12-2007
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Raw Story
President Bush got a different reaction from a 13-year-old girl who asked him about immigration during a forum. The Washington Times reports Jessica Hackerd was left in tears after Bush gave her a wry "yeah, thanks" in response to her query
Read Full Story
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Reported by:
Powell Gammill
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