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Date Sent: 2008-02-28
Freedom's Phoenix Headline News for Thursday, February 28, 2008 |
Ron Paul: Bernanke Deliberately Destroying Dollar -- US Terror List Now Exceeds 900,000 Names
House OKs bill to raise gas prices, subsidize corn farmers -- Fannie Mae Posts Nearly $3.6B Loss In 4Q -- $4 a gallon gasoline predicted by spring -- Automated killer robots 'threat to humanity' -- Global Cooling -- Two firms sue Army for $11M in damages -- Pink Pistols File Amicus Brief in Heller vs. DC -- Grand Freedom Rally and March on Washington DC -- Trying to RAM TOLL ROADS down our throats! -- MISH: Quarterly Banking Profile Is Bleak -- Six-year-old Suspended From School for Mohawk -- First Full-blooded Sioux to be Awarded Medal of Honor -- Toll Roads Bill Passes Unchallenged -- NAU Meeting Announced by State Dept. -- William F. Buckley Jr. dead -- U.S. Spies Want to Find Terrorists in World of Warcraft -- Comcast Paid Shills To Overwhelm FCC Hearing -- Illinois State's Attorney Threatens Arrest and Fine for Smoke-In Protest -- Wells Fargo Names Most of California Severely Distressed -- Oil hits record $102 as dollar tumbles -- North American Army?!
Wheat prices hit record high
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News Link • Economy - Economics USA
House OKs bill to raise gas prices, subsidize corn farmers
2-27-2008
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Reuters
The US House voted to repeal $18 billion in tax breaks for big oil companies to help pay for developing renewable energy sources. The bill extends tax credits for producing energy from wind, solar, geothermal, cellulosic ethanol, biofuels and other r
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Reported by:
Powell Gammill
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News Link • Legislative Mischief
In shift, G.O.P. welcomes Iraq debate
2-27-2008
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Christian Science Monitor
For nearly five years, Senate Republicans had blocked any bid to force a timetable for withdrawal from Iraq. That changed this week. In a surprise move, Republicans stunned the Democratic leadership by voting to debate a bill that requires the Pentag
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Reported by:
Powell Gammill
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News Link • Economy - Economics USA
Fannie Mae Posts Nearly $3.6B Loss In 4Q
2-27-2008
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AP
Fannie Mae said it lost nearly $3.6 billion in the fourth quarter of 2007 as home-loan delinquencies mounted and the company preserved cash in anticipation of further losses. Shares of Fannie fell by more than 5%. The quarterly loss at Fannie, the la
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Reported by:
Powell Gammill
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News Link • Economy - Economics USA
Dollar hits new low as Fed signals rate cut
2-27-2008
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Financial Times
Ben Bernanke signaled that the Federal Reserve is likely to cut interest rates again next month. The Fed has cut rates five times since last summer, taking rates down from 5.25% at the beginning of August to the current level of 3%.
Read Full Story
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Reported by:
Powell Gammill
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News Link • Internet
Internet Company Sued for Holding Names
2-27-2008
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AP
A company that sells Internet addresses is being sued for its controversial practice of holding a domain name in reserve if someone checks for its availability but does not buy it right away.
Read Full Story
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Reported by:
Powell Gammill
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News Link • Energy
$4 a gallon gasoline predicted by spring
2-27-2008
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IHT
Gasoline prices, which for months lagged the big run-up in the price of oil, are suddenly rising quickly, with some experts fearing they could hit $4 a gallon by spring. Diesel is hitting new records daily and oil closed at an all-time high on Tuesda
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Reported by:
Powell Gammill
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News Link • WAR: About that War
Automated killer robots 'threat to humanity'
2-27-2008
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AFP
Increasingly autonomous, gun-totting robots developed for warfare could easily fall into the hands of terrorists and may one day unleash a robot arms race, a top expert on artificial intelligence told AFP. "They pose a threat to humanity,"
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Reported by:
Powell Gammill
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News Link • Eugenics
Ron Paul Addresses Conservative Political Action Conference
2-27-2008
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Hawaii Reporter
If there was any doubt about the direction Ron Paul’s presidential campaign is headed, at his speech to Conservative Political Action Conference left no doubt as to where he stood. The message left many former Romney supporters rallying behind Paul.
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Reported by:
Powell Gammill
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News Link • Economy - Economics USA
New Home Sales and Recessions for The Last 45 Years: The Chart From Hell
2-27-08
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Calculatedrisk.blogspot.com
Over the last 45 years New Home Sales have never fallen off a cliff like they have over the past 48 months. This chart should wake people up to how severe and prolonged the recession could be.
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Reported by:
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News Link • Environment
Temperature Monitors Report Widescale Global Cooling
2-27-2008
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DailyTech
Twelve-month long drop in world temperatures wipes out a century of warming.
Read Full Story
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Reported by:
Powell Gammill
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News Link • Military
Two firms sue Army for $11M in damages
2-27-2008
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USA Today
Two companies who say their Army contracts were canceled as part of the biggest bribery scandal of the Iraq war are seeking $11 million in damages. [If you had just paid the bribe you would still have a contract.]
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Reported by:
Powell Gammill
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News Link • Arizona's Top News
Firearms business raided by ATF over suspected violations
2-27-2008
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Arizona Republic (video link too)
Agents from the Bureau of Alcohol, Tobacco, Firearms and Explosives began removing firearms from Cavalry Arms Corporation, (Gilbert, AZ) which has a federal license to sell firearms. [video is priceless-these guys sell pink guns ...]
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Reported by:
Powell Gammill
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News Link • Gun Rights
Pink Pistols File Amicus Brief in Heller vs. DC
02/27/2008
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Phoenix Pink Pistols
With oral arguments set for March 18, the notorious "Pink Pistols" have filed a brief with a rather novel argument that is sure to raise traditional brows.
Read Full Story
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Reported by:
Mike Shipley
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News Link • Federal Reserve
Quarterly Banking Profile Is Bleak
2-27-08
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Michael Shedlock / Mish
Notice the discrepancy between total assets, domestic deposits, and insured deposits. That's a huge potential disaster for someone. I recommend getting while the getting is still good. Anyone over the FDIC limit is....
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Reported by:
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News Link • Federal Reserve
Ron Paul: Bernanke Deliberately Destroying Dollar
2-27-08
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PrisonPlanet.com
Congressman Ron Paul slammed Federal Reserve chairman Ben Bernanke today for following a policy of deliberately destroying the dollar and wiping out the American middle class.
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Reported by:
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News Link • Military
W.W. Keeble: First Full-blooded Sioux to be Awarded Medal of Honor
02-27-2008
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Mondoreb
The story of an incredibly brave man, it's been announced that W.W. Keeble will be awarded the Medal of Honor 26 years after he passed away.
Read Full Story
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Reported by:
Randy Ricochet
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News Link • Transportation
Toll Roads Bill Passes Committee Unchallenged
02/27/2008
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Arizona CHANGE
Alas, the vote was taken, and a fresh steaming pile of fascism was passed onto the floor of the Senate. Only Senator Gorman had the presence of mind (apologizing as she did so) to point out that the committee had not been notified of the Bill’s heari
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Reported by:
Mike Shipley
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News Link • Philosophy: Conservatism
William F. Buckley Jr. dies at 82
2-27-2008
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AP
William F. Buckley Jr., the erudite Ivy Leaguer and conservative herald who showered huge and scornful words on liberalism as he observed, abetted and cheered on the right's post-World War II rise from the fringes to the White House, died Wednesd
Read Full Story
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Reported by:
Powell Gammill
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News Link • North American Union
NAU Meeting Announced by State Dept.
02-27-2008
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Interest Alert
The Advisory Committee on International Economic Policy (ACIEP) will meet on Monday, March 10, 2008, at 2:00 p.m. in the Harry S. Truman Building (DC). The meeting is open to the public.
Read Full Story
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Reported by:
Queue Jackson
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News Link • Police State
U.S. Spies Want to Find Terrorists in World of Warcraft
2-27-2008
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Wired (kudos Malcolm)
Having eliminated all terrorism in the real world, the US intelligence community is working to develop software that will detect violent extremists infiltrating World of Warcraft and other multiplayer games, according to the Director of National Inte
Read Full Story
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Reported by:
Powell Gammill
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News Link • Internet
Comcast Paid Shills To Attend FCC Hearing
02-27-2008
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MediaPost
THE FEDERAL COMMUNICATIONS COMMISSION HEARING about net neutrality this week was so crowded that police had to turn away an estimated 100 people from the Harvard Law School classroom where the event was held.
Read Full Story
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Reported by:
Justin Tyme
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News Link • Privacy Rights
People Search Gets Spooky With Spokeo
02-27-2008
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Pandia Search Engine News via MediaPost
Spokeo is the latest social search info aggregator/people search service--a new offering that the Pandia team has dubbed "the Big Brother of social networking" because of how thorough the engine is. Once a user submits the username and pass
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Reported by:
Justin Tyme
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News Link • Property Rights
Illinois State's Attorney Threatens Arrest and Fine for Smoke-In
2-27-2008
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thesouthern.com
An Illinois man plans a smoke-in event to prove he owns his business. An Illinois State's Attorney plans to arrest and fine him to prove he doesn't.
Read Full Story
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Reported by:
Brock Lorber
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News Link • Economy - Economics USA
Wells Fargo Names Most of California Severely Distressed
2-27-08
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BlownMortgage.com
Wells Fargo has named nearly every California county a “Severely Distressed Market” which requires LTV reductions of 5% for any conforming loan over 75% LTV and also eliminates financing over 75% LTV....
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Reported by:
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News Link • Constitution
U.S. Terror List Now Exceeds 900,000 Names
2-27-08
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Atlargely.com
The Terrorist Screening Center had over 700,000 names in its database as of April 2007 - and that the list was growing by an average of over 20,000 records per month.
Read Full Story
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Reported by:
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News Link • Economy - Economics USA
Cape-Fort Myers foreclosures rate highest in the nation
2-26-08
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NaplesNews.com
"For the first third of the year foreclosures were up 2,100 percent," Green said. "It's insane."
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Reported by:
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News Link • Economy - Economics USA
New-Home Sales in U.S. Decreased More Than Forecast in January
2-27-08
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Bloomberg.com
The housing report showed the median price of a new home decreased to $216,000 from $254,400 a year earlier.
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Reported by:
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News Link • Economy - Economics USA
Oil hits record $102 as dollar tumbles
2-27-2008
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AP
Oil prices broke through a new intraday high of $102 a barrel Wednesday as a slide in the U.S. dollar prompted investors to pump more money into energy futures as a hedge against inflation.
Read Full Story
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Reported by:
Powell Gammill
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Opinion • Constitution
The Role of the Government Official
02-27-2008
Howard Blitz
In 1776 the founders risked their “lives, fortunes, and sacred honor” to establish a free and prosperous nation whereby individuals were able to do as they pleased without any interference from government officials unless the individual initiated for
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