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Date Sent: 2009-08-03
Freedom's Phoenix Global Edition for Monday, August 3, 2009 AM edition |
Military-civilian terror prison eyed -- Big Texas bank on verge of failure
Why The FCC Wants To Smash Open The iPhone -- Peter Schiff: "Depression is beginning" -- IMF says Britain's debt crisis is the worst among major economies -- Is America building a purely military economy? -- Geithner Won’t Rule Out New Taxes for Middle Class -- Denninger: Is The FDIC Broke And Covering It Up? -- Obama’s Secret Police -- I'd Rather Be a Farmer Than a Stockbroker - by Jim Rogers -- 75% Favor Auditing The Fed -- War Without End: UK in Afghanistan for decades -- Get Ready for Son of Stimulus
-- Deindustrialization: Shuttered factories, shattered lives in US
rust belt -- The Omnivore’s Delusion: Against the Agri-intellectuals --
Of the Criminals, by the Criminals and for the Criminals -- Halted ’03
Iraq Plan Illustrates U.S. Fear of Cyberwar Risk -- Barack Obama may
extend jobless aid -- Boeing 787 Dreamliner Wing Flaw -- CONGRESS WILL
PROBE AIG $$ TODAY -- The next great bailout: Social Security -- Trillions in Financial Bailouts: After 2 years, the major Beneficiaries are Banks and Wall Street
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News Link • Bailouts
Big Texas bank on verge of failure
07/31/2009
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CNN
Guaranty Bank is hardly a household name. But the Austin, Texas-based thrift's looming failure is shaping up as a big headache for bank supervisors -- not to mention a black eye for Carl Icahn and others in the smart money set.
Guaranty (GFG) could be soon seized by the government in what would be the biggest bank failure in a year that has already had 64 of them. Last week, the bank warned investors to expect a federal takeover after regulators forced a writedown of its risky mortgage investments and a bid to raise new capital failed.
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News Link • Criminal Justice System
New Detainee Site In U.S. Considered
08-02-2009
•
Washington Post
The maximum-security facility would be jointly run by the departments
of Defense, Justice and Homeland Security, with each assuming
responsibility for different sets of inmates. Officials said such a
facility could also house prisoners held in indefinite detention and
those cleared for release but who have no country willing to accept
them. Those convicted in federal court or military commissions could
serve their terms there.
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Reported by:
Powell Gammill
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News Link • Techno Gadgets
Why The FCC Wants To Smash Open The iPhone
08-02-2009
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TechCrunch
Right about now, Apple probably wishes it had never rejected Google Voice and related apps from the iPhone. Or maybe it was AT&T who rejected the apps. Nobody really knows. But the FCC launched an investigation
last night to find out, sending letters to all three companies (Apple,
AT&T, and Google) asking them to explain exactly what happened.
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Reported by:
Powell Gammill
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News Link • Law Enforcers or Peace Officers
When Law Flies Out the Door
08-02-2009
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Washinton Post
In place of search warrants issued by a judge, ICE agents carry
administrative warrants issued by one of their own officials that
require that they "knock and talk" to gain entry into a home, a policy
often abused.
The Cardozo study examined 700 arrests between 2006 and 2008 on Long
Island and in New Jersey and found that agents said they had not
received informed consent to enter the homes in 86 percent of the Long
Island cases and 24 percent of the New Jersey ones.
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Reported by:
Brock Lorber
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News Link • Healthcare Industry
A Shot In the Dark - Part 1
08-02-2009
•
www.momsagainstmercury.org
Doctors Question Flu Shot Statistics
By KELLY O'MEARA
Special to The Journal
Americans
are scared. From coast to coast, young and old have stood in
lines, signed up for lotteries and even crossed national
borders with the hope of getting a shot at this year’s
limited supply of the influenza vaccine.
The credit
for the mass hysteria that has swept the nation in the last
two months should be given to federal health officials, who,
through ongoing public relations campaigns that easily rival
those of corporate America’s top-selling products, have
successfully convinced the public that without the vaccine
tens of thousands, or worse, might die.
In fact,
the Centers for Disease Control and Prevention has
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Reported by:
Ernest Hancock
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News Link • Police State
Obama’s Secret Police
08-02-2009
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Justin Raimondo for LewRockwell.com
Well, we can
relax, because the bad
old days of the Bush administration, when government agencies
routinely spied on the antiwar movement and other dissidents, are
over " right?
Wrong "
very wrong.
The indispensable
Amy Goodman has the
scoop: The Seattle Port Militarization Resistance (SPMR)
group in Washington state thought their listserv coordinator, who
went by the name "John Jacob," was one of them: a dedicated
antiwar activist and self-described anarchist. They trusted him,
they put him in a key position, they befriended him " and then
they found out that he was a government informant.
His real name:
John Towery (here’s
his myspace page, and here is a photo).
He claimed to be a civilian employee at Washington state’s
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Reported by:
Ernest Hancock
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News Link • Economy - Economics USA
I'd Rather Be a Farmer Than a Stockbroker
08-02-2009
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Jim Rogers on LewRockwell.com
Legendary global
investor and chairman of Singapore- based Rogers Holdings, Jim Rogers
reiterated that he sees prolonged economic problems and while he
did not see much worth buying, he is not shorting any assets either.
In an interview
with Bloomberg TV in Singapore, Rogers said he fails to see that
there is anything “in great excess.” "I have no shorts
for one of the first times in my life."
"On the
other hand I don't see much to buy," he added.
Nor is Rogers
a fan of shorting Treasury bonds because he believes that the Federal
Reserve can steer the market for them currently.
Rogers is mostly
to be seen being interviewed on business networks in Asia or Europe,
since his views are to put it mildly, somewhat negative on the US
Dollar and the prospec
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Reported by:
Ernest Hancock
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News Link • Federal Reserve
75% Favor Auditing The Fed
08-02-2009
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Rasmussen Reports - LewRockwell.com
So much for
the ongoing secrecy of the nation’s independent central banking
system. A new Rasmussen Reports national telephone survey finds
that 75% of Americans favor auditing the Federal Reserve and making
the results available to the public.
Just nine percent
(9%) of adults think that’s a bad idea and oppose it. Fifteen
percent (15%) aren’t sure.
Over half the members of the House now support a bill giving the
Government Accounting Office, Congress’ investigative agency,
the authorization to audit the books of the Federal Reserve Board.
Support for
the bill has grown now that the Obama administration is proposing
to give the Fed greater economic regulatory powers. The Fed which
sets U.S. monetary policy was created as an independent agency to
keep it free of politically-motivated
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Reported by:
Ernest Hancock
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News Link • Corruption
Wall Street ripoff 2.0: High speed trading and deep, dark pools
08-02-2009
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dailyfinance.com/
However, many experienced Wall Street observers have offered another, darker explanation. They assert that high-speed trading platforms combined with split-second advance notice can make it very easy for sophisticated players to game the system.
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Reported by:
Jack Gregson
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News Link • Criminal Justice System
The New York Time’s Failure of Understanding
08-02-2009
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FFF / Jacob Hornberger
If the president had chosen to treat
the Lackawanna Six as enemy combatants in the global war on terrorism,
then he would have had the authority to send the army to attack their
position, kill them, take the survivors into military custody, whisk
them away to a military dungeon, and keep them incarcerated until the
end of the war. That’s the way war works!
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Reported by:
Brock Lorber
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News Link • Food
The Omnivore’s Delusion: Against the Agri-intellectuals
08-02-2009
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The American / Blake Hearst
Critics of “industrial farming” spend most of their time concerned with
the processes by which food is raised. This is because the results of
organic production are so, well, troublesome. With the subtraction of
every “unnatural” additive, molds, fungus, and bugs increase.
Since it is difficult to sell a religion with so many readily quantifiable bad
results, the trusty family farmer has to be thrown into the breach,
saving the whole organic movement by his saintly presence, chewing on
his straw, plodding along, at one with his environment, his community,
his neighborhood. Except that some of the largest farms in the country
are organic"and are giant organizations dependent upon lots of hired
stoop labor doing the most backbreaking of tasks in order to save the
sensitive conscience of my fellow passenger the merest whiff of
pesticide contamination. They do not spend much time talking about that
at the Whole Foods store.
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Reported by:
Brock Lorber
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News Link • WAR: About that War
Halted ’03 Iraq Plan Illustrates U.S. Fear of Cyberwar Risk
08/01/2009
•
NYT
It would have been the most far-reaching case of computer sabotage in history. In 2003, the Pentagon and American intelligence agencies made plans for a cyberattack to freeze billions of dollars in the bank accounts of Saddam Hussein and cripple his government’s financial system before the United States invaded Iraq. He would have no money for war supplies. No money to pay troops.
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Reported by:
Lola Flores
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News Link • Depression
Barack Obama may extend jobless aid
08/02/2009
•
Politico
Does this mean the pork filled stimulus is not working? Wheres the Jobs?
President Barack Obama’s top economic officials said in interviews aired Sunday that the administration may support an extension in unemployment benefits.
Some on Capitol Hill view that as a second stimulus package, although it is unlikely to be billed that way, because of rising concern about government spending.
“We’ll do what’s necessary to make appropriate unemployment benefits available,” national economic adviser Lawrence Summers said on NBC’s “Meet the Press.”
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News Link • Bailouts
CA$H FOR A CLUNKER
CONGRESS WILL PROBE AIG $$ ON MONDAY
08/02.2009
•
New York Post
Eleven months into the massive, $182.5 billion taxpayer bailout of ailing insurance giant AIG, the company appears to be foundering in a stormy sea of bungled deals, consultants run amok and a lack of senior management.
Stymied in its attempts to gain information on how taxpayer money is being spent, Congress is expected to send a team of investigators to AIG's New York offices tomorrow to begin a probe into the most costly corporate tragedy in American history.
The company has failed to disclose its spending since September on more than 3,000 consultants who have produced 53.6 million pages of documents pertaining to AIG's accounting alone
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News Link • Bailouts
The next great bailout: Social Security
07/31/2009
•
CNN
No wonder they want to let Grandma and Grandpa Die!
Perhaps as early as this year, Social Security, at $680 billion the nation's biggest social program, will be transformed from an operation that's helped finance the rest of the government for 25 years into a cash drain that will need money from the Treasury. In other words, a bailout.
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News Link • Crony Capitalism
Trillions in Financial Bailouts: After 2 years, the major Beneficiaries are Banks and Wall Street. W
8/01/2009
•
The War On You
Banks, take the blue pill. Public, please take the red pill. If I had to characterize the current economic environment, it would have to consist of two completely different sets of beliefs. On one hand, you have banks and Wall Street receiving massive bailouts from the U.S. Treasury and the Federal Reserve, bailouts of the magnitude that would gear up for a Great Depression and imply that the banking system of our country is insolvent. Then on the other hand, you have Wall Street and the crony banks trying to convince the public that this is a minor recession and all will be well in Q3 and Q4 of 2009. The problem of course is that this is not your typical recession yet the public is being led to believe that all is well while bailouts are being dolled out by the truckload to the wrong locations. The actions we are taking keeps in place the banking oligarchy and sacrifices the public under the guise that this is good medicine for the general economy.
Nothing proves this point bet
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| Tags: freedoms, phoenix, archives, politics, libertarian, alternative, government, freedom |
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