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Date Sent: 2008-07-15
Freedom's Phoenix Headline News for Tuesday, July 15, 2008
 
IndyMac depositors line up for cash after seizure -- WaMu Bankrun Could See $26 billion in Losses

The Greatest Crime in History (Ernie fav!) -- Bankrun: Something Happening at WAMU This Minute! -- Homeland Security Pushing Really Insecure Real ID Program -- After IndyMac, Who's Next? Downey Financial? -- MISH: How Many Bullets Does The Fed Have Left? -- Citigroup's $1.1 Trillion of Mysterious Assets Shadows Earnings -- Obama aims to send 10,000 more troops to Afghanistan -- NEW Columnist: Wherein our perpetually prepared pistolero pushes projectiles of punditry upon the populace - by Chip Saunders -- Credit Fallout is Just Beginning - by Bill Fleckenstein -- Avoid Financials as Bank 'Fires' Continue, Laszlo Birinyi Says -- Naked Short Selling Crisis -- Ron Paul reports USA about to commit Act of War against Iran -- MISH: Paulson Crosses Rubicon and Lands In 5th Dimension -- Jim Rogers: Freddie and Fannie Bailout "Unmitigated Disaster" -- Stripper arrested for subway pole dances -- Sami Al-Arian: From Exoneration to Criminal Indictment - by Stephen Lendman -- Amber Alert! Get Ready For War - by Justin Raimondo AZ: Michael Shoen breakfast speaker this Thursday; Radio Jon Eisenberg on the Scott Horton Show at Antiwar Radio
 
Understanding How Screwed We All Are - Feature Article  •  Economy - International
 Understanding How Screwed We All Are - "The Greatest Depression" - by Ernest Hancock
Ernest Hancock
   (Originally posted July of 2008 - Some of these things have yet to pass - Listen to the first link to a very informative interview and be afraid... this whole thing has just started)
I'm starting to see the pattern in the tapestry. There is eno
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Arpaio harassing citizenry for yet another grandiose photo op News Link  •  Immigration
 Arpaio harassing citizenry for yet another grandiose photo op
7-14-2008  •  East Valley Tribune 
The operation resulted in 14 arrests, Arpaio announced during a late-afternoon news conference. During sweeps, deputies use minor traffic offenses as probable cause to make stops and question vehicle occupants about their legal status.  Read Full Story
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Reported by: Powell Gammill
Getting Out of Iraq<br>by U.S. Rep. Ron Paul, M.D. (R-TX) Feature Article  •  WAR: About that War
Getting Out of Iraq
by U.S. Rep. Ron Paul, M.D. (R-TX)
Powell Gammill
   What will it take to get our troops out of Iraq? Those in power are reluctant to give conditions, but when they do and those conditions are met, the goal post is quietly moved.
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Opinion  •  Scott Horton Show at Antiwar Radio
 Jon Eisenberg on the Scott Horton Show at Antiwar Radio
Mark Jokel
  
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Homeland Security Pushing Really Insecure RealID Program News Link  •  Homeland Security
 Homeland Security Pushing Really Insecure RealID Program
07-14-2008  •  Papers Please 
This massive, centralized system would include personal data of 245 million license and ID cardholders nationwide. If a criminal could break just one state’s data security system, he would have access to the sensitive data retained by all 56 states a  Read Full Story
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Reported by: Terry Bressi
After IndyMac, Who's Next? Downey Financial? News Link  •  Federal Reserve
 After IndyMac, Who's Next? Downey Financial?
7-14-08  •  cnbc.com 
He says as the Feds are busy worrying about “the big boys”"Fannie and Freddie"hundreds, maybe thousands, of smaller, regional banks will now realize they have no savior.  Read Full Story
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Reported by:
Strategic Edge: Intellectual Breakfast for the Businessperson's mind Feature Article  •  Events: Arizona
 Strategic Edge: Intellectual Breakfast for the Businessperson's mind
Powell Gammill
   This Thursday, the Strategic Edge presents Pat Schwind: Defending the Statements of the Rev. Jeremiah Wright when Obama won't. Terrorist-Traitor or Real American Hero?
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How Many Bullets Does The Fed Have Left? News Link  •  Federal Reserve
 How Many Bullets Does The Fed Have Left?
7-14-08  •  Michael Shedlock / Mish 
Is the Fed going to investigate Lehman? Paulson? Bernanke? Seriously, this is ridiculous. The financial institutions are getting hammered because they are undercapitalized by any rational measure. Earnings suck and are going to...  Read Full Story
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Reported by:
In Mexico, News Link  •  Drug War
 In Mexico, "hitmen" advertise on the web.
7-13-2008  •  Reuters 
Mexico City police are investigating classified advertisements posted on the Internet by people offering their services as hired killers for as little as $6,000.  Read Full Story
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Reported by: Chip Saunders
Citigroup's $1.1 Trillion of Mysterious Assets Shadows Earnings News Link  •  Economy - Economics USA
 Citigroup's $1.1 Trillion of Mysterious Assets Shadows Earnings
7-14-2008  •  Bloomberg 
Nowhere mentioned in the accompanying 66-page handout were the additional $1.1 trillion of assets that New York-based Citigroup keeps off its books: trusts to sell mortgage-backed securities, financing vehicles to issue short-term debt and collateral  Read Full Story
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Reported by: Powell Gammill
US elections: Obama aims to send 10,000 more troops to Afghanistan News Link  •  WAR: About that War
US elections: Obama aims to send 10,000 more troops to Afghanistan
07-14-2008  •  www.guardian.co.uk 
Barack Obama today pledged to increase US troops in Afghanistan by a third if he becomes president, sending 10,000 more to reinforce the 33,000 already there.  Read Full Story
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Reported by: Ernest Hancock
IndyMac depositors line up for cash after seizure News Link  •  Economy - Economics USA
 IndyMac depositors line up for cash after seizure
7-14-2008  •  Reuters 
"I didn't think anything like this would happen," said retired teacher Charles Tengeri from Pasadena, who was first to emerge from the branch after withdrawing $171,000 -- about two-thirds of his life savings. "I withdrew as much a  Read Full Story
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Reported by: Powell Gammill
Opinion  •  Gun Rights
 Wherein our perpetually prepared pistolero pushes projectiles of punditry upon the populace
7-13-2008
Chip Saunders
   Instead of some heavy philosophy to kick off the introduction of this column, howabout some humor instead.
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Credit Fallout is Just Beginning - by Bill Fleckenstein News Link  •  Federal Reserve
 Credit Fallout is Just Beginning - by Bill Fleckenstein
7-14-08  •  articles.moneycentral.msn.com 
I think we're in about the second inning." (That guess is not so dissimilar to that of a friend I call the "Lord of the Dark Matter," who says he doesn't know what inning it is but is sure it's going to be a double-header  Read Full Story
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Reported by:
Avoid Financials as Bank 'Fires' Continue, Laszlo Birinyi Says News Link  •  Economy - Economics USA
 Avoid Financials as Bank 'Fires' Continue, Laszlo Birinyi Says
7-14-2008  •  Bloomberg 
Investors should avoid most financial companies because their shares will probably keep declining. "Stay away from these stocks....There's an awful lot of fires that need to be put out. I'm concerned about how we get them all out,'**  Read Full Story
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Reported by: Powell Gammill
WaMu Could See $26 billion in Losses News Link  •  Federal Reserve
 WaMu Could See $26 billion in Losses
7-14-08  •  CalculatedRisk.blogspot.com 
Comments from Lehman Brothers that beleaguered thrift Washington Mutual Inc. could see $26 billion in total losses from items on its balance sheet and struggling National City Corp. being forced to assert it is still creditworthy only added to the an  Read Full Story
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Reported by:
Something Happening at WAMU This Minute! News Link  •  Federal Reserve
 Something Happening at WAMU This Minute!
7-14-08  •  MrMortgage.ml-implode.com 
I noticed a line out of my local WAMU branch this morning. I then drove a few miles away and saw another branch with many people in line. I talked to someone there and they said the lines started before the bank opened and many people are sweeping th  Read Full Story
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Reported by:
Ron Paul reports USA about to commit Act of War against Iran News Link  •  Eugenics
Ron Paul reports USA about to commit Act of War against Iran
7-14-2008  •  Youtube 
Congressman Ron Paul reports on his fight with warmongers in Congress: House Congressional Resolution 362, which blockades Iran. All imports on petroleum will be blocked, and Iranians will be blocked from leaving the country. A blockade is an act of  Read Full Story
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Reported by: Powell Gammill
Phantom Shares - Emmy Award winning Bloomberg Movie Feature Article  •  Corruption
 Phantom Shares - Emmy Award winning Bloomberg Movie
Ernest Hancock
   DOWNLOAD Phantom Shares.asf (36.05 MB MOVIE)
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Naked Short Selling Crisis Reference Link  •  Corruption
 Naked Short Selling Crisis
SanityCheck.com 
   If you are new to the Market Reform Movement and the underlying issues of market manipulation and naked short selling
Entered by: Ernest Hancock
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The New Case Against Immigration: Both Legal and Illegal Opinion  •  Immigration
 CONNECTING THE DOTS
The New Case Against Immigration: Both Legal and Illegal
7-14-2008
Frosty Wooldridge
   We cannot drill and grow, drill and grow, drill and grow! We cannot keep taking on 2.2 million legal and illegal immigrants annually and expect to remain a viable or sustainable nation. Got water in Arizona? No! Got water in California? No! But
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Jim Rogers: Freddie and Fannie Bailout News Link  •  Federal Reserve
 Jim Rogers: Freddie and Fannie Bailout "Unmitigated Disaster"
7-14-08  •  Bloomberg.com 
``They're ruining what has been one of the greatest economies in the world,'' Rogers said. Bernanke and Paulson ``are bailing out their friends on Wall Street but there are 300 million Americans that are going to have to pay for this.'  Read Full Story
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Reported by:
Paulson Crosses Rubicon and Lands In 5th Dimension News Link  •  Federal Reserve
 Paulson Crosses Rubicon and Lands In 5th Dimension
7-14-08  •  Michael Shedlock / Mish 
Paulson now seems to be acting on the principle that as long as one is telling lies there is no additional harm in doing it with gusto. Otherwise it is very hard to explain how an "unlimited lending line"can possibly have "terms and co  Read Full Story
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Reported by:
Illegal Immigration: The Joke of Deportation News Link  •  Immigration
 Illegal Immigration: The Joke of Deportation
July 14, 2008  •  Mondoreb 
Two topics in one 10-minute video: The Joke of Deportation and Immigration vs. Illegal immigration: what’s the difference?  Read Full Story
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Reported by: Randy Ricochet
Nine US troops, dozens of rebels dead in Afghanistan News Link  •  WAR: About that War
Nine US troops, dozens of rebels dead in Afghanistan
07-14-2008  •  KABUL (AFP) 
Hundreds of militants stormed a remote military outpost in Afghanistan and briefly entered the base in a ferocious attack that left nine US soldiers dead, officials said Monday.  Read Full Story
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Reported by: Ernest Hancock
Private Space Stations in Orbit RIGHT NOW (over 10,000 orbits already) News Link  •  Space Travel and Exploration
 Private Space Stations in Orbit RIGHT NOW (over 10,000 orbits already)
07-14-2008  •  bigelowaerospace.com 
Bigelow Aerospace is dedicated to developing next-generation crewed space complexes to revolutionize space commerce and open up the final frontier to all of humanity. At Bigelow Aerospace, we're building the future today! (MSM coverage?... WHY NO  Read Full Story
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Reported by: Ernest Hancock
Virgin Galactic SpaceShipTwo Animation News Link  •  Space Travel and Exploration
 Virgin Galactic SpaceShipTwo Animation
07-14-2008  •  YouTube 
Read more at http://www.ohgizmo.com and http://www.virgingalactic.com (And how much of this have you heard from the MSM? Civilian Space travel is about to be as common as Extreme Travel Cruises,... and I mean soon, like within a year)  Read Full Story
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Reported by: Ernest Hancock
THE NEW SPACE RACE News Link  •  Space Travel and Exploration
 THE NEW SPACE RACE
07-14-2008  •  Space.com 
A multimedia presentation that will help bring you up to speed...  Read Full Story
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Reported by: Ernest Hancock
Stripper arrested for subway pole dances News Link  •  Politics: General Activism
 Stripper arrested for subway pole dances
07-14-2008  •  RawStory.com 
The professional pole dancer worked quickly all week to avoid arrest, getting on at one station, finding a subway car with no children on it and stripping in time to exit at the next station.  Read Full Story
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Reported by: Ernest Hancock
Dick Cheney: Tony Snow 'the best' News Link  •  MEDIA (MainStreamMedia - aka MSM)
 Dick Cheney: Tony Snow 'the best'
07-14-2008  •  by - Mark Silva swamppolitics 
Asked about Snow's "brand of conservativism,'' Cheney said: "I frankly agreed with him on nearly everything, and I'm generally viewed as pretty conservative.  Read Full Story
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Reported by: Ernest Hancock
Sami Al-Arian: From Exoneration to Criminal Indictment Feature Article  •  Criminal Justice System
 Sami Al-Arian: From Exoneration to Criminal Indictment
Stephen Lendman
   Police state tactics against Sami Al-Arian, an innocent man.
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Jim Cramer: The Flip-Flop that Ought to be Illegal News Link  •  MEDIA (MainStreamMedia - aka MSM)
 Jim Cramer: The Flip-Flop that Ought to be Illegal
07-14-2008  •  YouTube 
How can it be that Bear Stearns Hedge Fund guys are going to JAIL for their misdeeds, but, Jim Cramer gets away with THIS?  Read Full Story
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Reported by: Ernest Hancock
Amber Alert! Get Ready For War - by Justin Raimondo News Link  •  WAR: About that War
Amber Alert! Get Ready For War - by Justin Raimondo
7-14-08  •  Antiwar.com 
The Telegraph reports that Israeli Prime Minister Ehud Olmert recently told one of his closest friends that "in three months' time it will be a different Middle East." Yes, and also, perhaps, a very different America…  Read Full Story
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