|
REAL TIME SPOT PRICES
Bitcoin Average: $63291.74
Gold: $2301.2 Change: $(2.10)
Silver: $26.51 Change: $(0.14)
|
|
|
ARCHIVED NEWSLETTER |
Sign up
to receive the Freedom's Phoenix Headlines by Email. |
HELP FUND FREEDOM'S PHOENIX!
Make a one-time or periodic contribution. Use your credit card or PayPal account. |
Join us on our
Social Networks |
Share this page with your friends
on your favorite social network:
|
|
|
|
|
Date Sent: 2009-09-01
Freedom's Phoenix Global Edition for Tuesday, September 1, 2009 AM edition |
Almost 1 in 3 are unemployed in Detroit -- Was Russia's 'Hijacked' Ship Carrying Missiles to Iran?
Bearing arms exemplifies anger over big government - by Alan Korwin --
Justice Dept. to Recharge Enforcement of Civil Rights -- Rise Of Mercenary Armies Menace World --
Commercial Real Estate Lurks as Next Potential Mortgage Crisis -- Shanghai Index May Drop 25% on Economy, Xie
Says -- Feds drag man out of Hew Hampshire "Town Hall Meeting"
-- Valley of the Sun May Be the Next
Porn Capital of the World -- Blagojevich
set upon because he didn't play ball with Rahm -- GM to form
China venture, invest $293 million stimulus -- Warrant seeks arrest of
Hartford, Conn. mayor -- Another Senator Kennedy in Massachusetts? -- Blackwater Tapped Foreigners on Secret CIA
Program -- The Fed's
Interesting Week - by Ron Paul -- Criminal Ex-Congressman in
freezer cash case files bankruptcy -- Suburbanites: Government doesn't
want you to live there any more -- Ex-Countrywide
Execs’ Firm Modifies Bad Loans for Taxpayer Cash -- Congress:
Where Are The Subpoenas?
|
News Link • Economy - Economics USA
Detroit sets record for unemployment
08-31-2009
•
Michigan Messenger
While the state of Michigan has the highest unemployment rate of any state in the nation, the city of Detroit leads the way for cities. For the month of July, the unemployment rate in Detroit stood at a staggering 28.9% " and that’s probably undercounted in the same way all unemployment figures are due to the way such rates are measured. Still, it’s the highest rate on record for Detroit.
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
|
News Link • Iran
Was Russia's 'Hijacked' Ship Carrying Missiles to the Mideast?
08-31-2009
•
Time magazine
In July, the Russian-manned cargo ship the Arctic Sea
disappeared on its way to take timber from Finland to Algeria, sparking
reports of the first incident of piracy in European waters since the
days of the buccaneers. Experts and observers weighed in with their
theories: the ship had been snatched in a commercial dispute; it was
being used to run drugs; it was carrying something more precious " or
dangerous " than timber.
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
Powell Gammill
|
News Link • Gun Rights
Bearing arms exemplifies anger over big government - by Alan Korwin
08-31-2009
•
Arizona Republic
Why are people showing up at political rallies armed? When Chris
Broughton appeared at a rally during President Barack Obama's Aug. 17
visit to Phoenix, Broughton's holstered sidearm and shouldered rifle made international news.
What's happening? More and more Americans fear their government is
racing out of control, and they're speaking up peacefully but in no
uncertain terms.
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
Powell Gammill
|
News Link • New World Order
Dollar Is Funny Money in Push for World Currency: Kevin Hassett
08-31-2009
•
Bloomberg
Like the Chinese, the folks at Disney World peg their currency to the dollar. Hand them $1 U.S. and you receive one Disney dollar, complete with a picture of Mickey Mouse or his friends, plus the signature of Disney’s official treasurer, Scrooge McDuck.
That transaction now seems superfluous. The U.S. dollar is rapidly transforming into a Mickey Mouse currency. This has led to a rising call for the creation of an alternative to the dollar in the form of a new world currency. It would be an enormous mistake to discount these calls as a sideshow. The odds of a world currency emerging have never been higher.
The calls are coming from many corners. Nobel Prize-winning economist Joseph Stiglitz chaired a United Nations panel that recommended the creation of a global reserve currency. Zhou Xiaochuan, governor of the People’s Bank of China, proposed that the International Monetary Fund take over the global leadership role traditionally ceded to the U.S. And Russian President Dmitry Medv
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
|
News Link • Death
Montana Court to Rule on Assisted Suicide Case
08-31-2009
•
NY Times
The state’s highest court will take up Mr. Baxter’s
claim that a doctor’s refusal to help him die violated his rights under
Montana’s Constitution " and lawyers on both sides say the chances are
good that he will prevail.
Washington and Oregon allow physicians
to help terminally ill people hasten their deaths, but in those states
the laws were approved by voters in statewide referendums, and neither
state’s highest court has examined the issue of a constitutional right
to die.
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
Powell Gammill
|
News Link • Internet
Judge finalizes dismissal of Web hoax charges
08-31-2009
•
Washington Post
Drew's attorney, Dean Steward, believes Wu's ruling in effect strikes down a portion of the computer fraud act.
"He's pretty much found that portions of it are unconstitutional," said
Steward, who expects Department of Justice attorneys to go back to
Congress for a clarification.
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
Powell Gammill
|
News Link • Climate Change
Farmers' Almanac Predicts Numbing Cold This Winter
Check Your Thermostats: Farmers' Almanac
08-31-2009
•
CBS
Americans, you might want to check on their sweaters and shovels _ the Farmers' Almanac is predicting a cold winter for many of you.
The venerable almanac's 2010 edition, which goes on sale Tuesday, says numbing cold will predominate in the country's midsection, from the Rocky Mountains in the West to the Appalachians in the East.
Managing Editor Sandi Duncan says it's going to be an "ice cold sandwich."
"We feel the middle part of the country's really going to be cold _ very, very cold, very, very frigid, with a lot of snow," she said. "On the East and West coasts, it's going to be a little milder. Not to say it's going to be a mild short winter, but it'll be milder compared to the middle of the country."
The almanac, which has been published since 1818, issues annual forecasts using a formula based on sunspots, planetary positions and the effects of the moon.
This winter, the 200-page publication says it'
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
|
News Link • Obama Administration
Diversions To "The Special" Continue
08-31-2009
•
The Market Ticker
Welcome to the FDIC's version of "let's screw the consumer" (again):
To encourage banks to pick through the wreckage of their collapsed competitors, the Federal Deposit Insurance Corp. has agreed to assume most of the risk on $80 billion in loans and other assets. The agency expects it will eventually have to cover $14 billion in future losses on deals cut so far. The initiative amounts to a subsidy for dozens of hand-picked banks.
Uh huh. And how are these "hand-picked" banks picked?
Oh, that will never be disclosed, right? There will never be an open process on that, will there?
The big issue here is that the so-called "loss projections" are, in my opinion, hopelessly optimistic.
Take Colonial. BB&T thinks the real valuation is somewhere around 37% off "face". The FDIC's assumption of 14 billion in loss against 80 billion in guarantees is 17% of face. Someone's wrong, and I'm willing to bet its not BB&T
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
|
News Link • China
ROFL! China Tells IBs: Stuff It!
08-31-2009
•
The Market Ticker
This is hilarious!
The State-owned Assets Supervision and Administration Commission, the regulator and nominal shareholder for state-owned enterprises (SOEs), told six foreign banks that SOEs reserved the right to default on contracts, Caijing magazine quoted an unnamed industry source as saying in an article published on Saturday.
See what lawless behavior gets you folks?
You start this crap - selling worthless paper, intentionally turning a blind eye to fraud, profiting from fraud, screwing consumers and foreigners alike and guess what?
BINGO! A foreign government that runs a command economy says "Ok, you think that was cute? Try this!"
For banks that are hoping to sell more derivatives hedges in China, the world's fastest-expanding major economy and top commodities consumer, the danger goes beyond the immediate risk to existing contracts to the longer-term precedent that suggests Chinese companies can simply renege on deals when they like.
Oh, so ou
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
|
News Link • Gun Rights
This Sunday's Worship at the Faithful Word Baptist Church
08-31-2009
•
Phoenix New Times
Before I hit you with my account of this Sunday's evening service at Tempe's Faithful Word Baptist Church -- home to Obama-death-wish preacher Steven Anderson,
and his spritual follower, AR-15-toter and Obama-hater Christopher
Broughton -- I should run down some significant points picked up during
my post-service chats with both.
First off, despite what some analysts suggested on CNN's Rick Sanchez show this Friday, August 28,
Anderson insisted to me that he had not been paid any visits by the
U.S. Secret Service. Broughton specifically denied that the Secret
Service or any other law enforcement agency, such as the FBI, had
spoken with him. However, both men stated that Broughton, who's now
infamous for appearing with a loaded AR-15 outside where President
Obama was speaking to the VFW on August 17, was present at Pastor
Anderson's service the night before, for the sermon where
Anderson hoped the President of the United Stat
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
Thomas Costanzo
|
Feature Article • Gun Rights
Tempe, AZ Pastor: Obama Should "Melt Like A Snail" And Die
Thomas Costanzo
Rick Sanchez plays portions of a sermon given by Pastor Steven
Anderson from a Tempe, AZ, church, given the day before President Obama
arrived for a town hall meeting. Anderson's sermon was titled "Why I
Hate Barack Obama." He says the President "deserves to die" for
supporting abortions, and should "melt like a snail."
According
to "a CNN source with very close ties to the Secret Service," death
threats against President Obama have risen. Sanchez calls it a "deeply
disturbing trend that is taking place in our country."
Incidentally, it was also confirmed that the man who carried a gun to that same Obama event was in attendance at that sermon.
Make a Comment
•
Email this
Article
•
Send Letter to Editor
|
News Link • Economy - Economics USA
Commercial Real Estate Lurks as Next Potential Mortgage Crisis
08-31-2009
•
WSJ
Federal Reserve and Treasury officials are scrambling to prevent the commercial-real-estate sector from delivering a roundhouse punch to the U.S. economy just as it struggles to get up off the mat.
Their efforts could be undermined by a surge in foreclosures of commercial property carrying mortgages that were packaged and sold by Wall Street as bonds.
The CMBS sector is suffering two kinds of pain, which, according to credit rater Realpoint LLC, sent its delinquency rate to 3.14% in July, more than six times the level a year earlier. One is simply the result of bad underwriting. In the era of looser credit,
The commercial-real-estate market could yet be salvaged by an improving economy and bailout programs coming out of Washington. In addition, capital markets are starting to ease for publicly traded real-estate investment trusts. Since March, more than two dozen REITs have managed to raise more than $13 billion by selling shares.
Still, most of the $6.7 trillion in commercial
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
|
News Link • TAXES: State
Cities Brace for a Prolonged Bout of Declining Tax Revenues
08-31-2009
•
WSJ
The recession is finally hitting city budgets, with overall city revenues inching down in fiscal 2009 for the first time since 2002, according to a report to be released Tuesday by the National League of Cities.
Weak growth in property taxes, reflecting soft housing prices, did not counterbalance sharp declines in other sources of income, including sales taxes, income taxes and state aid, according to a survey of 379 league member cities.
Overall city revenues declined by 0.4%, even as expenses rose 2.5%, and city officials expect steep drops in tax collections in the next two years, making for the worst outlook in the 24 years the group has been surveying its members. Western cities were particularly downbeat.
The gloomy mood "is indicative of the depths of the downturn, that they have the worst ahead of them, and the fact that the recession is universally hitting their revenue sources," said Chris Hoene, research director for the league.
Because employee wages
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
|
News Link • Arizona's Top News
AZ police refuse to return video camera to man they arrested for filming them
08-31-2009
•
Photography Is Not A Crime
Nappi says he was Tased because he refused to stop filming. The
officer says he was Tased because Nappi swung at him, hitting him in
the chest with a closed fist (but also holding a bottle of water) that
left the officer “momentarily disoriented.”
But the officer also acknowledges that the reason he approached
Nappi in the first place was because he refused to hand over his camera.
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
Terry Bressi
|
News Link • Obama Administration
Don't let a president turn off the Internet
08-31-2009
•
The Examiner
Sen. Jay Rockefeller's revised Cybersecurity Act of 2009 is worse than the original version he unveiled in April. That one drew well-deserved derision from civil liberties advocates left and right, as well as from Silicon Valley executives fearful that their company assets would be confiscated by government fiat. The West Virginia Democrat's new version is full of vague legislative language that is the public-policy equivalent of throwing the barn door open to horse thieves. As the Electronic Frontier Foundation's Lee Thien told CNET: "The language has changed but it doesn't contain any real additional limits. It simply switches the more direct and obvious language they had originally to the more ambiguous." Thien adds that the bill contains no administrative or appeals process to limit what he describes as the "amorphous" powers granted to the president.
Just how amorphous is seen in the bill's grant of presidential authority to "declare a
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
|
News Link • Corruption
The clock is ticking on tax cheat Charlie Rangel
08-31-2009
•
The Examiner
It hasn't gotten much attention amid news of Ted Kennedy, Obamacare and the worsening outlook in Afghanistan, but an extraordinary situation is developing in the House of Representatives. With each passing day, it's becoming more clear that the powerful committee chairman in charge of writing America's tax laws is a financial wheeler-dealer, a serial asset-hider, and a tax offender.
Rep. Charles Rangel has been in the House since 1971. He's as old bull as you get in the Democratic hierarchy, and he waited through 12 long years of Republican rule to take over as chairman of the Ways and Means Committee in 2007. Along with Speaker Nancy Pelosi and fellow Democratic power brokers Henry Waxman and Barney Frank, Rangel is playing a key role in the effort to push the president's health care, environmental, and financial initiatives through the House.
Last week, we learned that Rangel filed a grossly misleading financial disclosure report for 2007 -- failing to report at
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
|
News Link • China
Shanghai Index May Drop 25% on Economy, Xie Says (Update1)
08-31-2009
•
Bloomberg
Sept. 1 (Bloomberg) -- The Shanghai Composite Index, the world’s worst performer in August, may fall another 25 percent as China’s economic recovery isn’t “sustainable,” former Morgan Stanley Asian economist Andy Xie said.
The measure plunged 6.7 percent to 2,667.75 yesterday, the most since June 2008, and entered a bear market on concern a slower lending growth may derail a rebound in the world’s third- largest economy. Xie said the index “should be 2000 or less.”
“The market is in deep bubble territory,” Xie, 49, who correctly predicted in April 2007 that China’s equities would tumble, said in an interview with Bloomberg Television.
China’s retreat sent the MSCI World Index of 23 developed nations down 0.8 percent, while MSCI’s emerging-market index lost 1.5 percent, the biggest drop in two weeks. The Bank of New York Mellon China ADR Index, tracking American depositary receipts of Chinese shares, lost 2.3 percent, led by commodity producers.
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
|
News Link • Corruption
Stimulus Money: An Offer the Mob Can't Refuse
08-31-2009
•
The New American
Because of the nature of federalism (government divided among local, state, and national entities) and the instructions Congress has given to the states and municipalities for the disbursement of funds, criminal elements are finding a cornucopia of opportunities to siphon money into their coffers. Many of these criminal organizations are old hands at manipulating loopholes and giving overseers the slip when it comes to winning contracts with government agencies.
For its part, the FBI has begun instructing some of the 28 inspectors general who oversee the local agencies handing out the stimulus money to remind applicants that lying to a federal officer is a crime.
Finally, In typical government fashion, Congress has decided to address the issue by spending $220 million to make sure no more contracts are awarded to companies or individuals with ties to organized crime. Instead of slowing the pace of the procedures already in place, the government has decided to try and cut back o
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
|
News Link • Economy - Economics USA
Two months left to read the book on US collapse
08-31-2009
•
Russia Today
Professor Igor Panarin, whose book “The Crash of America” is just out, claims that by November the book will be yesterday’s news.
Panarin believes President Obama will lead his country to a breakup. Panarin compares Obama to former Soviet president Mikhail Gorbachev.
“Obama is “the president of hope”, but in a year there won’t be any hope. He’s practically another Gorbachev " he likes to talk but hasn’t really managed to do anything. Gorbachev at least had been a secretary of a regional communist party administration, whereas Obama was just a social worker. His mentality is totally different. He’s a nice person and talks nicely " but he’s not a leader and will take America to a crash. When Americans understand that " it will be like a bomb explosion,” Panarin said, speaking to journalists during the unveiling of his book.
Panarin made his controversial forecast back in 1998, saying 2010 would be the starting point of the collapse. He spent the following eleven years monitori
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
|
News Link • 911 / World Trade Center
Natural Geographic CONSPIRACY VS. SCIENCE 8/31/09
08-31-2009
•
natural Geographic
Conspiracy theories are put to the
test. How well do they stand up against the visual simulations of professional
engineers? See how science supports official stories and debunks the
conspiracies below.
THE COLLAPSE OF THE BUILDINGS
Official Story: The collapse was caused by fire initially fed by
the jet fuel from the planes.
Testing the Official Story: Using original construction blueprints,
photographs, and construction data, Purdue University, along with the American
Society of Civil Engineers, created a model structure of the north World Trade
Center tower and a scaled 767 jetliner. To model the fuel load, Purdue launched
aluminum cans filled with liquid to represent an airline wing colliding with a
steel column. The final simulation showed the internal destruction of
supporting columns, the disintegration of the jetliner, the atomizing of the
fuel, and the resulting fires that softened the steel framework of the building
and brought it down.
C
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
Thomas Costanzo
|
News Link • Sexuality: Sex and the Law
Valley of the Sun May Be the Next Porn Capital of the World?!
08-31-2009
•
Phoenix New Times
The adult business isn't what it used to be, especially in the San Fernando Valley outside Los Angeles, the long-reigning capital of porn in America. But luckily for Thomas, her new company's based in a place considered the next big hotspot for pornography: metropolitan Phoenix.
Thomas says her company pays more than many companies in the San Fernando Valley " about $2,000 for a boy-girl scene, whereas talent in L.A. might get half that in the current economy.
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
Chip Saunders
|
News Link • Corruption
Blagojevich was set upon by feds because he wouldn't play ball with Rahm, ex-gov explains.
08-31-2009
•
Associated Press
Ousted Illinois Gov. Rod Blagojevich says in a new book that White House chief of staff Rahm Emanuel wanted his help in arranging to leave the Obama administration after two years to reclaim his seat in Congress.
Blagojevich writes in "The Governor" that Emanuel spoke with him about whether it was possible to appoint a "placeholder" to the congressional seat Emanuel was giving up so that he could win back the seat in 2010 and continue his efforts to become speaker some day.
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
Chip Saunders
|
News Link • Religion: Believers
Fired Miss CA., files suit against pageant officials and Miss USA, alleging religious discrimination
08-31-2009
•
Associated Press
The lawsuit claims Lewis and Moakler both told Prejean not to mention God on her Miss USA application or at public events at least two months before she gave her anti-gay marriage answer.
The suit also claims Moakler and Lewis improperly revealed that Miss California USA had paid for Prejean's breast implants.
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
Chip Saunders
|
News Link • Gun Rights
House Panel adopts amendment allowing guns in Public Housing
08-31-2009
•
Current
Gun rights advocates scored a victory Thursday as the House Financial Services Committee adopted an amendment to allow guns in public housing projects.
The amendment, by Tom Price , Ra?`Ga., would bar any housing authority from restricting legal ownership of guns. It was adopted, 38-31, as the committee continued its markup of a housing bill (HR 3045) that the panel is expected to approve next week.
“Seniors and other individuals have the right to protect themselves,” said Joe Baca of California, one of 13 Democrats who voted for the amendment. “Those guns would be registered, and those individuals have a right, in public housing or any other place, to protect themselves.”
While the Department of Housing and Urban Development does not have a specific policy concerning guns in public housing, several local agencies have banned them in an effort to reduce violent crime in housing projects. Major urban centers began to adopt gun bans in the 1990s, and advocates of such steps argu
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
|
News Link • Government
Ted Kennedy Dodged Estate Taxes Through Trusts And Foundations
08-31-2009
•
Current
In 1977, the New York Times found that Ted Kennedy was avoiding the very estate taxes he supported by funneling money through trust funds and foundations he had established. See how long this went on for....
***This article has been chosen as a discussion topic on PFP Movement Radio, http://www.blogtalkradio.com/pfpmovementradio Friday night at 6pm-8pm. Please Call In To The Show, 347-633-9636. COMMENTS will be included in the show so feel free to discuss or ask questions here on current.com as they will be addressed during the show. This article will also air on Freedom Hour
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
|
News Link • Government
Election For Kennedy Seat To Be Held Jan. 19th
Mass. Gov. Deval Patrick Announces Date Of Special E
08-31-2009
•
CBS
The push to name a successor to the late Sen. Edward M. Kennedy gained momentum Monday, with state lawmakers scheduling a hearing on whether to allow an appointee to serve until a special election in January.
Before he died last week, Kennedy had asked Massachusetts lawmakers to change state law to let the governor name an interim appointee to serve until voters can choose a permanent replacement. Current Massachusetts law does not allow an interim appointee.
"This is the only way to ensure that Massachusetts is fully represented," Patrick said, but cautioned that "I don't think by any means it is a certainty it will happen."
Patrick says the special election to fill Kennedy's seat will be held Tuesday, January 19, 2010.
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
|
News Link • Government
Blagojevich was set upon because he didn't play ball with Rahm, says ex-gov.
08-31-2009
•
Associated Press
Ousted Illinois Gov. Rod Blagojevich says in a new book that White House chief of staff Rahm Emanuel wanted his help in arranging to leave the Obama administration after two years to reclaim his seat in Congress.
Blagojevich writes in "The Governor" that Emanuel spoke with him about whether it was possible to appoint a "placeholder" to the congressional seat Emanuel was giving up so that he could win back the seat in 2010 and continue his efforts to become speaker some day.
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
Chip Saunders
|
News Link • Government
GM to form China venture, invest $293 million
08-31-2009
•
Reuters
Nice send your "stimulus" money overseas!
General Motors said on Sunday it has agreed to set up a light commercial vehicle production venture with major Chinese automaker FAW Group, with total investment of 2 billion yuan ($293 million).
The 50-50 joint venture, based in the northeast China city of Changchun in Jilin province, will make light-duty trucks and vans, GM said in a statement.
"For us in China, this is an important complement to the rest of our portfolio," Kevin Wale, president and managing director for GM's China operations, told reporters in a conference call.
"We are well established in passenger vehicles and mini commercial vehicles and we haven't had a presence in the truck segment. Adding a truck portfolio rounds that out."
The venture will use two existing FAW plants in Changchun and the city of Harbin, also in the northeast, with combined annual capacity of roughly 90,000 vehicles, Wale said.
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
|
News Link • Obama Administration
Zogby: Obama Approval Plummets to 42 Percent
08-31-2009
•
Newsmax
President Barack Obama's job approval rating is down to 42%, with a decline in approval from Democrats the leading factor.
The latest Zogby Interactive poll of 4,518 likely voters conducted from August 28-31 found 48% disapprove and 42% approve of the job Obama is doing. The poll found 75% of Democrats approve of Obama's performance, a drop of 13 points among Democrats from an interactive poll done July 21-24 of this year. That same poll found 48% of all likely voters approving of Obama's job performance, and 49% disapproving.
In the most recent poll, 8% of Republicans and 37% of Independents approve of Obama's job performance. Both are down slightly from six weeks ago; two points among Republicans and three among Independents.
The tables below compare changes from July 24 to Aug. 31 in Obama's job approval among some of the groups who were Obama's strongest supporters in the November election;
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
|
News Link • Corruption
Warrant seeks arrest of Hartford, Conn., mayor
08-31-2009
•
Associated Press
Neither Democratic Mayor Eddie Perez nor his attorney has detailed the charges, which are expected to involve a no-bid contract to former Democratic state Rep. Abraham Giles.
State investigators have been looking into a parking lot deal between the city and Giles since 2007. The deal included a $100,000 lease termination fee for Giles to vacate a city lot.
Perez proclaimed his innocence at a news conference Monday. He says he will not resign. He vows to complete his term and restore his reputation.
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
Chip Saunders
|
Feature Article • Federal Reserve
The Fed's Interesting Week - by Ron Paul
Powell Gammill
Bernanke seems to be popular with the
administration and with Wall Street, and with good reason. His lending
policies have left big banks flush with newly created cash that covers
up old mistakes and allows for new ones. By
buying up mountains of Treasury debt he has also enabled spending to
soar to ridiculous levels that should startle any responsible
economist, and scare any American concerned about the value of the
dollar. However, these highly sensitive decisions about our money are
not made by economists, they are made by politicians. Bernanke, like
most of his predecessors, is the politician’s best friend.
Make a Comment
•
Email this
Article
•
Send Letter to Editor
|
News Link • Drug War
Toyota cashing in on anti-drunk driving gadget lobbying
08-31-2009
•
AFP
Toyota Motor said it was developing
anti-drunk driving equipment that would lock the ignition of a vehicle
if high levels of alcohol are detected in the driver.
The system features a hand-held breathalyser, equipped with a digital
camera, that detects alcohol consumption and photographs the driver's
face for identification, a company statement said.
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
Powell Gammill
|
News Link • Obama Administration
Memo to suburbanites: Government doesn't want you to live there any more
08-31-2009
•
The Examiner
If you like living in the suburbs, having your own little piece of God's green Earth, and being part of the community schools, churches and civic groups, well, too bad because the "Smart Growth" progressives in Congress and the National Reseach Council have a new report that shows how much better things would be if instead you and your family lived in an urban high rise.
According to a news alert from the NRC, the report examines "how suburbanization -- made possible largely due to the prevalence of automobiles and the extensive U.S. highway system -- impacts the number of miles we drive, our reliance on petroleum fuel, and the percent of greenhouse gas emissions from transportation.
"The report looks at studies on compact, mixed-use development where people live in denser environments with jobs and shopping close by, to determine whether a shift to this type of land use could lessen vehicle use, energy consumption, and CO2 emissions."
Why would living
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
|
News Link • Healthcare Industry
Why Democrats won't cross the trial lawyers
08-31-2009
•
The Examiner
Howard Dean proved last week at Rep. Jim Moran’s health care town hall meeting that even a veteran Washington politician can level with people once in a while. The former Vermont governor and Democratic presidential aspirant was a practicing physician before he got into politics, so perhaps we should not be surprised by his explanation for why medical malpractice caps [i.e. tort reform] is not in Obamacare: “The reason tort reform is not in the bill is because the people who wrote it did not want to take on the trial lawyers in addition to everybody else they were taking on. And that’s the plain and simple truth.” Put otherwise, trial lawyers have effectively bought themselves veto power.
In the ranking by OpenSecrets.org of campaign contributions by the top 100 special interests during the past 20 years, the American Association for Justice (AAJ) " formerly the Association of Trial Lawyers of America " ranks sixth overall. The AAJ is the trial lawyers’ Washington lobbying group, and
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
|
News Link • Race Baiting
Representative Diane Watson (D-CA) Plays Race Card While Praising Communism and Fidel Castro
08-31-2009
•
The Smoking Argus
During a town hall held at the Ward African Methodist Episcopal Church this past Thursday, California Congressional Representative Diane Watson (CA) continued the standard rebuttal to critics of President Obama’s health care overhaul, charging them as “racist”. At the onset of the Congressional recess and the now infamous town hall meetings, Supporters of government intervention into health care originally attempted to dismiss opposition as a staged grassroots effort funded by lobbyists and Political Action Committees (PAC’s) from the insurance industry.
Consequently, after support for President Obama’s plan continued to erode with news of a secret $80 Billion deal brokered by President Obama and top pharmaceutical lobbyist, Bill Tauzin, Congressional supporters of the President’s plan such as Speaker of the House Nancy Pelosi (CA) changed strategies and began an attempt to label opponents to government health care as Nazis and “brownshirts”.
Representative Diane Watson however, opte
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
|
News Link • Philosophy of Liberty
Soulful Freedom "Re-discovered" 40 years of taking Time to become Timeless.
08-31-09
•
MediaOcre Media Moguls
A you-nique approach to dis-engage from the "System Kaos" to cleanse the soul. Ageless is timeless, it's only aquired thru time. It takes time to become timeless"....these are the words that I channeled thru an interview with Lilly "G"
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
Max Woody Media-ocre Mogul
|
News Link • Corruption
Ex-Countrywide Execs’ Firm Modifies Bad Loans for Taxpayer Cash
08-31-2009
•
ProPublica
Sweet Friends of Angelo gave dirty dodd, townend and bo special loans look how it is paying off!
The company, whose top management consists mostly of former Countrywide executives, now stands to receive up to $6.2 million in taxpayer money to modify those loans, through the Making Home Affordable program. The government’s incentive payments go primarily to the participating servicer, but some of the money could also go to borrowers and investors.
But PennyMac may have a hard time leaving behind its ties to the scandal-ridden Countrywide. PennyMac’s founder and CEO, Stanford Kurland, is facing a civil suit (PDF) brought by the New York state comptroller and New York City pension funds, blaming him for helping push Countrywide into risky lending practices and lax underwriting standards as president. Kurland admitted to the Times that he had advocated a foray into higher-risk lending but said that the riskiest practices occurred after he left the company, in September 2006. Kurland
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
|
News Link • Energy
As hybrid cars gobble rare metals, shortage looms
08-31-2009
•
www.reuters.com
Worldwide demand for rare earths, covering 15 entries on the periodic table of elements, is expected to exceed supply by some 40,000 tonnes annually in several years unless major new production sources are developed. One promising U.S. source is a rare earths mine slated to reopen in California by 2012.
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
Chip Saunders
|
News Link • Corruption
Congress: Where Are The Subpoenas?
08-31-2009
•
The Market Ticker
Watch the above - six minutes and worth every bit of it.
From that interview (specifically, at 3:20 in):
Paulson told this person (who is writing a biography, apparently) that he intended to use the TARP money to inject into the banks and not buy toxic assets a full ten days before he testified before Congress.
He then testified before Congress to exactly the opposite.
This is about as clear an allegation of perjury (which, by the way, we've heard before - remember Kashkari making essentially the same allegation in his Congressional testimony?) as I've seen.
Now the questions:
When will Congress hold Henry Paulson to account for what clearly looks to be a violation of the law, in that he appears to have sworn falsely before Congress.
Who else knew of and assisted in this intentional deception? Specifically, were Geithner and/or Bernanke involved?
It has been alleged that Lloyd Blankfein, Goldman's CEO, was also told in advance. If so that is material non-p
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
|
News Link • Depression
Depression Ahead What The Mainstream Media Does Not Want You To Know!
08-31-2009
•
BlueLoriBlogSpot
I just have some articles and links I would like to share with you. I put them all together so you do not have to search the Internet for the information. You can make an informed decision as to whether or not to be in the Stock Market right now.
.
According to a recent article on Reuters, on Saturday Lou Jiwei, the chairman of the CIC, China’s sovereign wealth fund, said at a conference on Saturday in response to a question about his expected performance: “It will not be too bad this year. Both China and America are addressing bubbles by creating more bubbles and we’re just taking advantage of that. So we can’t lose.”
Well YOU can lose! That admission that our governments are creating "Bubble's" should be a signal to END THE FED!
You don't even have to be a cynic like me to understand that it is not a good idea to be buying at the same time your broker is selling.
Read Full Story
Make a Comment
•
Email this News Link
•
Send Letter to Editor
|
Reported by:
|
Tags: freedoms, phoenix, archives, politics, libertarian, alternative, government, freedom |
|
|