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Date Sent: 2008-10-03
Freedom's Phoenix Headline News for Friday, October 3, 2008
 
House girds for second try on bailout today -- $150 billion in addition pork to buy bailout vote

John Shadegg - Jeff Flake - Jon Kyl & The Goldwater Institute -- Shadegg Comes Around on Bailout Bill -- Bank Limits Fund Access by Colleges, Inciting Fears -- 30-year mortgages rise to 6.10 percent -- Insurance stocks drop after Sen. Harry Reid comment -- Ireland passes disputed bank guarantee law -- Cops Say Anti-Terror Funds are Wasted -- Fed Considers Lowering Interest Rates -- NTSB: Remains found at Steve Fossett wreckage site -- Cops Say Anti-Terror Funds are Wasted -- Bailout Fixes Nothing, Banking System Collapse Approaches Climax -- McCain pulling out of Michigan -- Homeland Security to turn U.S. spy satellites on American citizens at home -- Chicago Woman Buys House on eBay for $1.75 -- $700B Bailout is a Distraction -- Ralph Nader on Sheehan Pelosi, Bailout Protest -- Furious lobbying for much-maligned bailout bill -- Nearly 1 in 5 car dealerships could fail -- Robert Baer: Iran strike would cause 'serious depression' -- Continuity of Government: Is Bush about to declare a "National Emergency?" -- Phoenix PD Going For Max Firepower
 

Shadegg Comes Around on Bailout Bill News Link  •  Arizona's Top News
Shadegg Comes Around on Bailout Bill
10-01-2008  •  Roll Call 
Roll Call reports that Congressman John Shadegg -- former chairman of the Republican Study Committee -- has signalled that he's likely to support the Senate market rescue bill when it comes to the House for a vote:  Read Full Story
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Reported by: Ernest Hancock
30-year mortgages rise to 6.10 percent News Link  •  Housing
30-year mortgages rise to 6.10 percent
10-2-2008  •  AP 
Rates on 30-year mortgages have risen for a second straight week, climbing to the highest level in a month. Financial markets have been turbulent in recent weeks as demand for safe-haven Treasury securities has pushed those yields down sharply while  Read Full Story
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Reported by: Powell Gammill
John Shadegg - Jeff Flake - Jon Kyl - The Goldwater Institute and the r3VOLution Feature Article  •  Politics: Republican Campaigns
John Shadegg - Jeff Flake - Jon Kyl - The Goldwater Institute and the r3VOLution
Ernest Hancock
  
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Bank Limits Fund Access by Colleges, Inciting Fears News Link  •  Education: Government Schools
Bank Limits Fund Access by Colleges, Inciting Fears
10-2-2008  •  NY Times 
Wachovia’s action was perhaps the most tangible signal yet that the credit crisis could have a powerful impact on higher education. Another sign came on Tuesday as Boston University, saying it needed to respond to the financial crisis with cautionary  Read Full Story
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Reported by: Powell Gammill
Insurance stocks drop after Sen. Harry Reid comment News Link  •  Economy - Economics USA
Insurance stocks drop after Sen. Harry Reid comment
10-20-2008  •  Reuters 
Insurance stocks, led by Hartford Financial, Principal Financial and MetLife, fell on Thursday, a day after the head of the Senate raised the question of whether a well-known insurer could be in financial trouble.  Read Full Story
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Reported by: Powell Gammill
 Ireland passes disputed bank guarantee law News Link  •  Economy - International
Ireland passes disputed bank guarantee law
10-2-2008  •  AFP 
Ireland passed a controversial emergency law guaranteeing bank deposits Thursday despite protests that the move gives its financial sector a competitive advantage over neighboring countries.  Read Full Story
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Reported by: Powell Gammill
Animal Instincts: Main Street Seeks Revenge on Wall Street News Link  •  Economy - Economics USA
Animal Instincts: Main Street Seeks Revenge on Wall Street
10-2-2009  •  LiveScience 
The outrage expressed by many so-called Main Street folks over the proposed Wall Street bailout is based on more than a sense of injustice. It's about revenge, a basic animal instinct shared by humans, chimpanzees and even blue-footed boobies.  Read Full Story
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Reported by: Powell Gammill
House Leaders Scramble for Votes with New Inducements News Link  •  Economy - Economics USA
House Leaders Scramble for Votes with New Inducements
10/02/2008  •  The New York Times 
House Republican leaders struggled on Thursday to persuade some of their members to reverse course and support the $700 billion economic bailout package, but both parties said that they were guardedly optimistic about winning final passage.  Read Full Story
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Reported by: Mike Renzulli
Fed Considers Lowering Interest Rates News Link  •  Economy - Economics USA
Fed Considers Lowering Interest Rates
10/02/2008  •  The New York Times 
Even if Congress approves President Bush’s $700 billion rescue plan for Wall Street, with the slowing economy, Fed officials are considering yet another reduction in the central bank’s benchmark interest rate.  Read Full Story
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Reported by: Mike Renzulli
The Delusion of Voting for the Lesser of Two Evils Opinion  •  Eugenics
Words Eye View
The Delusion of Voting for the Lesser of Two Evils
10-02-2008
Greg J Dixon
   In my opinion, the main reason that Constitutionalists and Conservatives keep losing ground year after year, election after election, is because of the doctrine of the “lesser of two evils.”
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Cops Say Anti-Terror Funds are Wasted News Link  •  TERRORISM
Cops Say Anti-Terror Funds are Wasted
10-2-2008  •  AOL News 
The government doles out too much anti-terrorism money to towns for equipment that rarely gets used while cash-strapped police struggle with crime, according to a growing number of mayors, police chiefs and security experts.  Read Full Story
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Reported by: Brock Lorber
NTSB: Remains found at Steve Fossett wreckage site News Link  •  Transportation: Air Travel
NTSB: Remains found at Steve Fossett wreckage site
10-2-2008  •  AP 
Federal investigators say they have found body parts amid the wreckage of a missing adventurer's airplane in the mountains of eastern California.  Read Full Story
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Reported by: Brock Lorber
Traitors First Feature Article  •  Politics: General Activism
Traitors First
Ernest Hancock
   National Socialization of the Economy? (I wouldn't do it if I were you John)
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Homeland Security to turn U.S. spy satellites on American citizens at home News Link  •  Police State
Homeland Security to turn U.S. spy satellites on American citizens at home
10-02-08  •  Rawstory.com 
The Department of Homeland Security has been given the money it needs to begin turning international spy satellites within the country's borders, despite lingering fears about the program's potential for it to infringe upon Americans' civ  Read Full Story
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Reported by:
Bailout Fixes Nothing, Banking System Collapse Approaches Climax 
News Link  •  Economy - Economics USA
Bailout Fixes Nothing, Banking System Collapse Approaches Climax
10-02-2008  •  The Market Oracle 
This from a friend in Atlanta with strong banking connections: “ Reliable word that Bank of America branch managers just received a letter or memo from the USFed instructing them to perhaps be ready for a one-week universal shut-down of the banking s  Read Full Story
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Reported by: Mrs. B
What Would Mises Do? News Link  •  Economy - Economics USA
What Would Mises Do?
10-2-2008  •  Reason / Matt Kibbe 
We are talking about fundamentally altering the face of capitalism for at least a generation. Allowing investment banks to go to the government for a $700 billion line of credit is akin to inviting a vampire into the house.  Read Full Story
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Reported by: Brock Lorber
 McCain pulling out of Michigan News Link  •  Eugenics
McCain pulling out of Michigan
10-2-2008  •  Politico 
John McCain is pulling out of Michigan, according to two Republicans, a stunning move a month away from Election Day that indicates the difficulty Republicans are having in finding blue states to put in play.  Read Full Story
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Reported by: Powell Gammill
Ralph Nader on Sheehan Pelosi, Bailout Protest News Link  •  Economy - Economics USA
Ralph Nader on Sheehan Pelosi, Bailout Protest
10-02-2008  •  YouTube 
Ralph Nader supports Cindy Sheehan For Congress at Anti-Bailout Protest in San Francisco  Read Full Story
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Reported by: Ernest Hancock
Chicago Woman Buys House on eBay for $1.75 News Link  •  Economy - Economics USA
Chicago Woman Buys House on eBay for $1.75
10-02-2008  •  Saginaw News 
The Saginaw home sold for less than the price of a McDonald's value meal. The abandoned home received eight bids on eBay.com and sold for $1.75 Wednesday evening.  Read Full Story
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Reported by: Trouser Chili
Furious lobbying for much-maligned bailout bill News Link  •  Legislative Mischief
Furious lobbying for much-maligned bailout bill
10-2-2008  •  AP 
GOP Rep. Zach Wamp of Tennessee announced he was switching his vote from "no" to "yes." "If some of us don't change our vote, tomorrow's going to be a real ugly day in America, and I don't want to be a part of tha  Read Full Story
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Reported by: Powell Gammill
$700B Bailout is a Distraction News Link  •  Economy - Economics USA
$700B Bailout is a Distraction
10-02-2008  •  Corbett Report 
Who cares about $700B when the Fed has injected $1.57T in the last few weeks alone, the Pentagon is missing $2.3T (reported Sept 10, 2001), and the doomed derivative market is $1Quadrillion - 10x the total value of all assets on earth.  Read Full Story
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Reported by: Trouser Chili
Full Text of Bailout Bill Reference Link  •  Economy - Economics USA
Full Text of Bailout Bill
The USSA Senate 
   Did you know it's 451 pages long now?!?!?! Who has had time to read and understand this?
Entered by: Trouser Chili
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Out of 1,000,000 marriages which split up, 999,900 men do not kill their wives/ex-wives News Link  •  Criminal Justice System
Out of 1,000,000 marriages which split up, 999,900 men do not kill their wives/ex-wives
09/25/08  •  www.glennsacks.com 
A common feminist/domestic violence establishment claim goes something like this--"a third of all women who are murdered are murdered by an intimate partner, whereas only 3% of men are murdered by an intimate partner." From this one would t  Read Full Story
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Reported by: Glenn Sacks
An Email sent to Honeywell Employees - 'SUPPORT THE BAILOUT - Call CONgress' Feature Article  •  Economy - Economics USA
An Email sent to Honeywell Employees - 'SUPPORT THE BAILOUT - Call CONgress'
Ernest Hancock
  
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McCain: Bailout Bill He Supported News Link  •  Eugenics
McCain: Bailout Bill He Supported "Puts Us On The Brink of Economic Disaster"
10-02-08  •  Firedoglake.com 
Watch this video and see if you can make sense of it.  Read Full Story
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Reported by:
Nearly 1 in 5 car dealerships could fail News Link  •  Economy - Economics USA
Nearly 1 in 5 car dealerships could fail
10-02-08  •  Reuters.com 
As many as 3,800 U.S. car dealerships could fail this fall and into 2009 -- nearly one in five -- because of weak sales, increased operational costs and the credit crunch, according to a forecast released on Wednesday.  Read Full Story
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Reported by:
Robert Baer: Iran strike would cause 'serious depression' News Link  •  Economy - Economics USA
Robert Baer: Iran strike would cause 'serious depression'
10-02-08  •  Rawstory.com 
Baer explained further that "conventional war, we could destroy the country in a matter of minutes -- but the point is, it's going to look like World War III."  Read Full Story
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Reported by:
Continuity of Government:  Is Bush about to declare a News Link  •  Police State
Continuity of Government: Is Bush about to declare a "National Emergency"
10-02-08  •  CounterPunch.com 
These directives gave Bush the authority to assure the Continuity of the Federal Government in the event of a Catastrophic Emergency that resulted in, among other things, some extraordinary disruption of the economy.  Read Full Story
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Reported by:
Bailout Activism in Arizona (TODAY) UPDATE Feature Article  •  Arizona's Top News
Bailout Activism in Arizona (TODAY) UPDATE
Ernest Hancock
   The creation of the Income Tax, The Federal Reserve, elimination of the Gold Standard, The PATRIOT Act, War after War after War and many other historical markers have led to the ultimate goal of the nationalization of the US economy, sooooo
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Fosset Plane Found, Still No Fosset News Link  •  Transportation: Air Travel
Fosset Plane Found, Still No Fosset
10-2-2008  •  USA Today 
Search teams have found the wreckage of the plane piloted by missing adventurer Steve Fossett, who vanished more than a year ago, Madera County, Calif. Sheriff John Anderson said Thursday.  Read Full Story
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Reported by: Brock Lorber
The Daily Show News Link  •  The Daily Show with Jon Stewart & Stephen Colbert
The Daily Show
10-02-2008  •  Jon Stewart 
Bailout  Read Full Story
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Reported by: Ernest Hancock
House girds for second try on financial rescue News Link  •  Legislative Mischief
House girds for second try on financial rescue
10-2-2008  •  AP 
House members are getting another chance to vote on a financial bailout bill that has infuriated millions of voters after the Senate added tax cuts and other sweeteners and passed it handily. [they're tripping over each other to switch their vote  Read Full Story
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Reported by: Powell Gammill
Paying the piper, reaping the returns News Link  •  Philosophy: Fascism
Paying the piper, reaping the returns
10-01-2008  •  Vox 
Around the globe, politically connected firms are more valuable. Nazi Germany was no different, though historians have lacked convincing evidence to prove that claim. This column show that Nazi-linked firms reaped astoundingly large returns  Read Full Story
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Reported by: Jean Carbonneau
Project Censored's Media Democracy Advocacy Feature Article  •  MEDIA (MainStreamMedia - aka MSM)
Project Censored's Media Democracy Advocacy
Stephen Lendman
   A special tribute to Project Censored for its important work.
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RON PAUL 4409 -- FOXnews SPLIT REMIX Reference Link  •  Revolutions, Rebellions & Uprisings
RON PAUL 4409 -- FOXnews SPLIT REMIX
Youtube 4409 
   Proof NO child left behind should be expanded to include Faux news anchors.
Entered by: Forty Four O Nine
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Role for Mailmen in Case of Anthrax Attack (all the King's men) News Link  •  TERRORISM
Role for Mailmen in Case of Anthrax Attack (all the King's men)
10-01-2008  •  New York Times 
If there ever is another anthrax attack, a letter carrier may deliver antibiotics to those who might be infected. Federal health officials are beginning a project in MN to let letter carriers stockpile personal supplies of emergency antibiotics so th  Read Full Story
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Reported by: Camera FRAUD
Phoenix PD Going For Max Firepower News Link  •  Police State
Phoenix PD Going For Max Firepower
10-01-2008  •  Phoenix New Times 
"In Phoenix, you never know when you need spray a city street with high-powered slugs from an assault rifle. That's apparently the thinking behind the Phoenix City Council's decision this afternoon to fund the purchase of 60 new Bushmast  Read Full Story
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Reported by: Camera FRAUD
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