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Date Sent: 2008-03-18
Freedom's Phoenix Headline News for Tuesday, March 18, 2008 |
Jim Rogers: The Bear Stearns bailout-- Joseph Granville: "We're in a Crash"-- Global Markets Tumb
5 Years Too Many - Commemorating the anniversary of the US invasion of Iraq -- LANDSLIDE VICTORY FOR RON PAUL IN MISSOURI -- Dow’s Rise Masks Turmoil in Markets -- North American Union: Definitive -- Gulf central banks urged to sever links with tumbling US Dollar -- America was conned - who will pay? Who else? -- MISH: Now Presenting: Deflation! -- CIA Torture Jet wrecks with 4 Tons of COCAINE aboard -- Federal Reserve buying up failing businesses -- Sub-prime collapse 'beyond the US Federal Reserve' -- The Hunt for an Addiction Vaccine -- Marijuana Prohibition and Public Safety -- SHUT DOWN THE IRS / SHUT DOWN THE WAR -- Paul Krugman: "about 20 million homeowners will have negative equity by years end" -- June 21st...Phoenix will light the match -- Making a Recession Great by Ron Paul -- Mary Ruwart seeks Libertarian Presidential Nomination? -- Supreme Court Reviews FCC Policy on Broadcast Profanity -- Tent Cities Spring up in Los Angeles -- Cheney's unannounced Iraq visit
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News Link • Eugenics
LANDSLIDE VICTORY FOR RON PAUL IN MISSOURI
03-17-2008
Today in Saint Charles County Missouri, the largest Republican County caucus in the state 111 of a possible 137 Delegates were elected for Ron Paul.
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Reported by:
Ernest Hancock
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News Link • Economy - Economics USA
Dow’s Rise Masks Turmoil in Markets
03-17-2008
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New York Times
In the case of Lehman Brothers, some investors fear that the firm is vulnerable to the same ills that undid Bear Stearns. Like Bear Stearns, Lehman is small and more reliant on the mortgage business than its rivals.
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Reported by:
Ernest Hancock
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News Link • Federal Reserve
Gulf central banks urged to sever links with tumbling U.S. Dollar
3-17-08
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Timesonline.co.uk
Officials in Qatar and the United Arab Emirates have denied rumours of an imminent decoupling, but investors are betting on reform and are rushing to buy local currencies as investment banks issue fresh calls for revaluation.
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Reported by:
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News Link • Federal Reserve
America was conned - who will pay?
3-17-08
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Guardian.co.uk
Whip up a colossal housing bubble, convince consumers that it makes sense to borrow money against the rising value of their homes to supplement their meagre real wage growth and watch the profits roll in.
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News Link • Federal Reserve
Now Presenting: Deflation!
3-17-08
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Michael Shedlock / Mish
Current accounting rules allow banks to pretend. And certainly the Fed is going out of its way to bend the rules to allow new forms of pretending. Expect to see still more accounting rules that allow broker dealers to pretend.
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News Link • Humor
SNL’s Weekend Update: Spitzer, Romney and Tracy Morgan on Obama
3-17-2008
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Crooks & Liars (video)
SNL’s Weekend Update team of Amy Poehler and Seth Meyers take jabs at Elliot Spitzer and Mitt Romney while alumnus Tracy Morgan comes back to respond to Tina Fey’s promotion of Hillary Clinton 3 weeks ago with his own defense of Barack Obama.
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Reported by:
Powell Gammill
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News Link • Central Intelligence Agency
CIA Torture Jet wrecks with 4 Tons of COCAINE aboard
3-17-2008
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Youtube
[How Did We Miss This?] This Florida based Gulfstream II jet aircraft # N987SA crash landed on September 24, 2007 after it ran out of fuel over Mexico's Yucatan Peninsula with several tons of Cocaine on board now documents have turned up on both
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Reported by:
Powell Gammill
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News Link • Federal Reserve
Federal Reserve starts buying up failing businesses
3-17-2008
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Daily Telegram
The Federal Reserve has taken its "boldest" action since the 1930s, accepting $200bn of worthless housing debt as collateral to bail out Wall Street's mortgage industry loan sharks. The Fed has "legally" circumvented a ban on
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Reported by:
Powell Gammill
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News Link • Economy - Economics USA
Sub-prime collapse 'beyond the US Federal Reserve'
3-17-2008
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The Australian
FEARS are growing that the US Federal Reserve may soon find itself short of funds needed to continue propping up the nation's financial system. Analysts believe the threat to the financial system...is getting too big for the Federal Reserve.
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Reported by:
Powell Gammill
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News Link • Healthcare Industry
The Hunt for an Addiction Vaccine
03/17/2008
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Newsweek
Although the American Medical Association has stated since 1956 that addiction is a disease and a chronic, relapsing brain disorder, efforts are underway to treat addiction with the tools of medicine.
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Reported by:
Mike Renzulli
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Opinion • Drug War
CONNECTING THE DOTS
Marijuana Prohibition and Public Safety
3-17-2008
Frosty Wooldridge
Let's expose the War on Drugs as a major governmental fraud. Let's quit spending $70 billion annually for 37 years to receive zero results. Let's regulate, tax and provide drugs legally and make drug use a medical problem rather than a c
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News Link • Activism
SHUT DOWN THE IRS / SHUT DOWN THE WAR
3/17/08
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http://www.warresisters.org/
On March 19, 2008, we will set up a nonviolent blockade of the national Internal Revenue Service headquarters in Washington, DC, as part of the day of actions against the wars in Iraq and Afghanistan Just as military recruiters supply the bodies for
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Reported by:
Thomas Costanzo
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News Link • Federal Reserve
Jim Rogers on the Bear Stearns bailout
3-17-08
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TheMessThatGreenspanMade.blogspot.com
You know the reason they did it this way was because, if Bear Stearns had to declare bankruptcy, you'd realize that Bear Stearns paid out billions of dollars in bonuses in January - six weeks ago. If he let them go into bankruptcy....
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News Link • Economy - Economics USA
Paul Krugman: "about 20 million homeowners will have negative equity by years end"
3-17-08
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Money.CNN.com
We're probably heading for $6 trillion or $7 trillion in capital losses in housing. Some fraction of that will fall on owners of mortgages.
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News Link • Eugenics
Mary Ruwart to seek Libertarian Presidential Nomination (only slightly more than a rumor)
03-17-2008
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WIKIPEDIA
Ruwart's name has been floated as a potential Libertarian nominee for president in the 2008 and 2012 elections. Author of Healing
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Reported by:
Ernest Hancock
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News Link • Legislative Mischief
Prezelski Plays Patsy in Game for Fools
03/17/2008
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Arizona CHANGE
All that’s missing is an eye patch in one of the clips as Prezelski plays a villain in one scene and hero the next. Why is our legislature putting on a show for us, instead of passing a real Bill?
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Reported by:
Mike Shipley
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News Link • Bush Administration
Has Bush finally gone bonkers?
3-16-08
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CapitolHillBlue.com
As long as he holds the power of the presidency he is in a position to make a reckless last ditch effort to make his bones having failed again and again to become the manliest man of the family.
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News Link • Economy - Economics USA
Joseph Granville: "We're in a Crash"
3-17-08
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Bloomberg.com
``We're in a crash,'' Granville, 84, said in a telephone interview from Kansas City, Missouri, where he lives and works. ``This is the worst I've seen, and I've studied every bit of history all my life.''
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News Link • Media: Television
Supreme Court Will Review FCC Policy on Broadcast Profanity
03-17-2008
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via RawStory.com
The Supreme Court on Monday stepped into a legal fight over the use of curse words on the airwaves, the high court's first major case on broadcast indecency in 30 years.
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Reported by:
Ernest Hancock
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News Link • Economy - International
Global Markets Tumble
03-17-2008
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AP
"Its difficult to call where the bottom is," said Richard Hunter, a broker at Hargreaves Lansdown in London. Oil prices hit a record in Asian trading, U.S. stock index futures fell sharply and the dollar hit record lows.
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Reported by:
Ernest Hancock
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News Link • Economy - Economics USA
Bushville's: Tent Cities Spring up in Los Angeles
3-17-08
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YouTube.com
During the Great Depression it was common to see camps of homeless families trying to survive in the utter squalor of Hoovervilles. Today via Youtube we get a chance to see a Bushville outside LA.
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News Link • Bush Administration
Cheney makes unannounced visit to Iraq
03-17-2008
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CNN
Vice President Dick Cheney arrived in Baghdad on Monday on an unannounced visit, the Iraqi prime minister's office said. (The economic news will divert attention from whatever he is doing,... or his trip will draw attention from the economic n
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Reported by:
Ernest Hancock
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| Tags: freedoms, phoenix, archives, politics, libertarian, alternative, government, freedom |
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