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Date Sent: 2008-10-07
Freedom's Phoenix Headline News for Tuesday, October 7, 2008
 
Stock markets' plunge pressures Fed to cut rates -- Fed to Inject Billions into Economy

Fed Considers Plan to Buy Companies’ Unsecured Debt -- Join the movement to End the Fed -- Fed May See Companies, States as Next Crisis Fronts -- Ron Paul: Bailout Unconstitutional, Special Interests Forced Bill Through Congress -- Dow finishes below 10,000 for first time since '04 -- Iceland faces bankruptcy -- Russian nuclear bomber test -- The Fed Did It (Again) - by Brock Lorber -- Obama, Bill Ayers, and FactCheck.Org: All Have Ties To Annenberg Foundation -- Delta Force officer: US officials stopped plans to kill Osama bin Laden -- Home Equity Loan Withdrawals Plunge to Near Zero -- Fed pumps billions more into banks -- Shock & Awe: Bi-partisan Beltway Terrorists Launch Economic 9/11 on America -- Dow industrials plunge 800 amid global sell-off -- Fed Boosts Cash Auctions to $900 Billion -- The Fleecing of America - by Stephen Lendman -- Asian markets plunge on fears crisis is spreading AZ: Phoenix Objectivist lecture: Lecture on "D.C. vs. Heller Case"
 
Fed Considers Plan to Buy Companies’ Unsecured Debt News Link  •  Economy - Economics USA
 Fed Considers Plan to Buy Companies’ Unsecured Debt
10-7-2008  •  NY Times 
The Fed could buy vast amounts of the unsecured short-term debt that companies rely on to finance their day-to-day activities. If this were to happen, the central bank would come closer than ever to lending directly to businesses.  Read Full Story
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Reported by: Powell Gammill
Join the movement to End the Fed Reference Link  •  Politics: General Activism
 Join the movement to End the Fed
www.endthefed.us 
   Join the movement to End the Fed by taking action on November 22, 2008. Citizens will protest at 34 separate Federal Reserve sites around the U.S. The current financial crisis underscores the necessity to quickly put an end to the Federal Reserve Sys
Entered by: Mike Dugger
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Bank Loans Have Not News Link  •  Economy - Economics USA
 Bank Loans Have Not "Dried Up"
10-6-2008  •  Forbes 
Contrary to many comments, consumer and industrial loans actually increased in the latest week. Troubled giant banks have cut back on lending, but smaller banks have picked up the slack.  Read Full Story
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Reported by: Brock Lorber
The missing SNL bailout skit News Link  •  Conspiracies
 The missing SNL bailout skit " and the Soros connection
10-06-2008  •  michellemalkin.com 
The Sandlers are seething over the skit. Anyone else smell a legal threat behind the disappearance of the vid? And what do the Sandlers do when they are not peddling subprime garbage? They are busy writing checks to leftist groups (It was the "D  Read Full Story
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Reported by: Ernest Hancock
Global Fears of a Recession Grow Stronger News Link  •  Economy - Economics USA
 Global Fears of a Recession Grow Stronger
10-6-2008  •  NY Times 
When Ireland placed a guarantee on all bank deposits and debt last week, it angered neighbors, who feared capital would flee their banks to the safer haven of Dublin. [remember last year, when they were tax competing?]  Read Full Story
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Reported by: Brock Lorber
Where’d the SNL bailout skit go? Update: Legal threat? News Link  •  Conspiracies
 Where’d the SNL bailout skit go? Update: Legal threat?
10-06-2008  The Unfocused wonders, as do several e-mailers. The other videos on the SNL clip page are working fine but as of 9:25 this one’s suddenly unavailable. No dice at Hulu either, which is odd since I posted their embed of the skit yesterday morning.  Read Full Story
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Reported by: Ernest Hancock
Scary Movie - Part Infinity News Link  •  Economy - Economics USA
 Scary Movie - Part Infinity
10-6-2008  •  ronpaularchives.net 
Ernie doesn't like horror flicks. I find them entertaining, but this flick scared the living bejeesus out of me. Peter Schiff, Ali Velshi, Steven Moore, and Bob O'Brien answer listener calls on Glenn Beck's CNN show.  Read Full Story
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Reported by: Brock Lorber
Stock markets’ plunge puts pressure on Fed to cut rates News Link  •  Federal Reserve
 Stock markets’ plunge puts pressure on Fed to cut rates
10-06-2008  •  Christian Science Monitor 
("And the last coffin nail is........")  Read Full Story
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Reported by: Ernest Hancock
Deepening finance crisis causes global market panic News Link  •  Economy - International
 Deepening finance crisis causes global market panic
10-06-2008  •  Rawstory.com 
WASHINGTON (AFP) - Desperate measures by governments in Europe and North America to steady the banking system failed to stem panic in global markets Monday amid deepening gloom at the scope of the financial crisis.  Read Full Story
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Reported by: Ernest Hancock
Fed May See Companies, States as Next Crisis Fronts News Link  •  Federal Reserve
 Fed May See Companies, States as Next Crisis Fronts
10-06-2008  •  Prison Planet 
Federal Reserve Chairman Ben S. Bernanke may find the next fronts of the financial crisis to be just as chilling as last month’s downfall of Wall Street titans: its spread to corporate America and state and local governments.  Read Full Story
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Reported by: Ernest Hancock
This Is It! - Author: Jim Sinclair News Link  •  Economy - Economics USA
 This Is It! - Author: Jim Sinclair
10-06-2008  •  Jim Sinclair 
Many of you have asked what exactly I mean by "This is it," so here it is in point form:  Read Full Story
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Reported by: Ernest Hancock
Is there an exit strategy? News Link  •  Economy - Economics USA
 Is there an exit strategy?
10-6-2008  •  Guardian.uk 
A year into the global financial crisis, several key central banks remain extraordinarily exposed to their countries' shaky private financial sectors.  Read Full Story
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Reported by: Brock Lorber
Ron Paul: Bailout Unconstitutional, Special Interests Forced Bill Through Congress News Link  •  Corruption
 Ron Paul: Bailout Unconstitutional, Special Interests Forced Bill Through Congress
10-6-2008  •  Prison Planet 
Texas Congressman Ron Paul has warned that the amended bailout legislation that passed Congress on Friday is not only far worse than the original bill but is also unconstitutional.  Read Full Story
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Reported by: Ernest Hancock
Purifying Water with Nano-particles News Link  •  Off Grid Living - Survival Prepping
 Purifying Water with Nano-particles
10-06-2008  •  Technology Review 
A company says 3-D nanoparticles boost the efficiency of water desalination and water purification.  Read Full Story
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Reported by: Ernest Hancock
Obama Youth - Junior Fraternity Regiment News Link  •  Philosophy: Socialism
 Obama Youth - Junior Fraternity Regiment
10-06-2008  •  YouTube 
(No Comment,... other than to say that I am certain there is a McCain version out there, or coming)  Read Full Story
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Reported by: Ernest Hancock
Germany takes hot seat as Europe falls into the abyss News Link  •  Economy - International
 Germany takes hot seat as Europe falls into the abyss
10-06-2008  •  www.telegraph.co.uk 
"We face extreme danger. Unless there is immediate intervention on every front by all the major powers acting in concert, we risk a disintegration of global finance within days. Nobody will be spared, unless they own gold bars."  Read Full Story
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Reported by: Ernest Hancock
Palin To Appear On SNL? News Link  •  Eugenics
Palin To Appear On SNL?
10-06-2008  •  CBS 
Now the Chicago Sun-Times reports that Palin may appear on Saturday Night Live herself, potentially to make fun of Fey's American Express commercials.  Read Full Story
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Reported by: Ernest Hancock
Dow finishes below 10,000 for first time since '04 News Link  •  Economy - International
 Dow finishes below 10,000 for first time since '04
10-06-2008  •  International Herald Tribune 
Wall Street joined in a worldwide cascade of despair Monday over the financial crisis, driving the Dow Jones industrials to their biggest loss ever during a trading day.  Read Full Story
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Reported by: Ernest Hancock
A Bailout Rogues Gallery . . . News Link  •  Corruption
 A Bailout Rogues Gallery . . .
10-06-2008  •  Washingtonwatch.com 
Below, we’ve compiled the list of those who changed their votes last week. Collectively, they allowed the bailout bill to pass & become law. We’ve also listed their opponents in the upcoming election, who may gain or lose ground based on the incumben  Read Full Story
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Reported by: Terry Bressi
Fed to Inject Billions into Economy News Link  •  Federal Reserve
 Fed to Inject Billions into Economy
10-06-2008  •  USA Today 
WASHINGTON " The Federal Reserve will provide as much as $900 billion in cash loans to squeezed banks in an urgent effort Monday to break through a dangerous credit clog that threatens the economy and has unhinged financial markets around the globe.  Read Full Story
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Reported by: Ernest Hancock
Europe's Turn News Link  •  Economy - International
 Europe's Turn
10-06-2008  •  Slate.com 
The New York Times leads with, and the Wall Street Journal fronts, a look at how European governments are taking steps to prevent major banks from going under while trying to prevent panic from spreading by boosting insurance levels on private accoun  Read Full Story
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Reported by: Ernest Hancock
Bailout bill loops in green tech, IRS snooping News Link  •  Corruption
 Bailout bill loops in green tech, IRS snooping
10-06-2008  •  for Cnet by Declan McCullagh 
"We will not Christmas-tree this bill," Sen. Chuck Schumer, a New York Democrat promised a few days ago. "The times are too urgent. Everyone has their own desires and needs. It's going to have to wait." So much for that ide  Read Full Story
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Reported by: Ernest Hancock
Iceland agrees to emergency legislation - faced bankruptcy News Link  •  Economy - International
 Iceland agrees to emergency legislation - faced bankruptcy
10-06-08  •  Timesonline.co.uk 
Iceland has agreed emergency legislation aimed at avoiding further financial chaos as its banking system faltered and its currency plummeted 30 per cent.  Read Full Story
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Reported by:
The Fed Did It (Again) Opinion  •  Federal Reserve
 The Fed Did It (Again)
10-6-2008
Brock Lorber
   Last month, extraordinary redemptions threatened the solvency of Money Market Funds. This month, credit lines are drying up and the Fed, in collusion with the Treasury, has put us on the hook for keeping the funds afloat.
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RON PAUL 4409 -- Trent Franks: How to bomb your neighbor with love! Reference Link  •  Revolutions, Rebellions & Uprisings
 RON PAUL 4409 -- Trent Franks: How to bomb your neighbor with love!
Youtube 4409 
   Trent Franks asks me to do some research on 9/11. Since he was never going to do it as a congressman I thought I would help him out.
Entered by: Forty Four O Nine
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Russia Defense Watch: Biggest bomber test News Link  •  Foreign Policy
 Russia Defense Watch: Biggest bomber test
10-6-2008  •  UPI 
Russia is moving back to hair-trigger alert testing for its strategic nuclear bombers and cruise missiles for the first time since the closing years of the Cold War. Its nuclear bombers will carry out "training flights" with "full comb  Read Full Story
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Reported by: Powell Gammill
Court declines 'choose life' license plate case News Link  •  Arizona's Top News
 Court declines 'choose life' license plate case
10-6-2008  •  Washington Times 
An anti-abortion group has won its long legal fight to force Arizona to issue "choose life" license plates, after the Supreme Court declined to take the case.  Read Full Story
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Reported by: Powell Gammill
Video: Welcome to McCain Burger, I’m Voting McCain-Palin News Link  •  Eugenics
Video: Welcome to McCain Burger, I’m Voting McCain-Palin
10-06-2008  •  Mondo 
Whether you like McCain or not, you might want to email this to a friend: Great video from a young, poor, black--Republican? Welcome to McCain Burger, I'm voting McCain-Palin. A defense of conservative viewpoints from an unlikely source.  Read Full Story
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Reported by: Randy Ricochet
Sarah Palin on Obama-Ayers: As Fast as Others Uncover, The MSM Covers Up News Link  •  Eugenics
Sarah Palin on Obama-Ayers: As Fast as Others Uncover, The MSM Covers Up
10-06-2008  •  Mondo 
Sarah Palin calls attention to the curious connection between Barack Obama and domestic terrorist Bill Ayers. The AP’s Douglass K. Daniel, in effect, calls Palin a racist and a liar. CNN “fact checks” Palin’s claim Obama and Ayers were “pals” as fals  Read Full Story
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Reported by: Randy Ricochet
Obama, Bill Ayers, and FactCheck.Org: All Have Ties To Annenberg Foundation News Link  •  Eugenics
Obama, Bill Ayers, and FactCheck.Org: All Have Ties To Annenberg Foundation
10-06-2008  •  Ginn 
The ties between between Bill Ayers, Barack Obama, FactCheck.org, and the Annenberg Challenge.  Read Full Story
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Reported by: Randy Ricochet
Heart Attack Grill: Lard, Luckies, Naughty Nurses and Politically Incorrect Food News Link  •  Food
 Heart Attack Grill: Lard, Luckies, Naughty Nurses and Politically Incorrect Food
10-06-2008  •  Mondo 
Pix from inside the Heart Attack Grill, where raging Political Incorrectness is rampant. The owner refers to it as "food pornography": Fries cooked in 100% Pure Lard, Triple-Bypass Burgers which feature 2 1/2 pounds of meat and the staff dr  Read Full Story
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Reported by: Randy Ricochet
Scientists develop solar cells with a twist News Link  •  Energy
 Scientists develop solar cells with a twist
10-6-2008  •  Reuters 
U.S. researchers have found a way to make efficient silicon-based solar cells that are flexible enough to be rolled around a pencil and transparent enough to be used to tint windows on buildings or cars.  Read Full Story
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Reported by: Powell Gammill
Oldest 'Footprints' on Earth Found News Link  •  Science, Medicine and Technology
 Oldest 'Footprints' on Earth Found
10-6-2008  •  LiveScience 
Scientists think land beasts evolved from ancient creatures that left the sea and evolved lungs and legs. If the new finding is real it pushes the advent of walking back 30 million years earlier than any previous solid finding.  Read Full Story
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Reported by: Powell Gammill
Delta Force officer: US officials stopped plans to kill Osama bin Laden News Link  •  Bush Administration
 Delta Force officer: US officials stopped plans to kill Osama bin Laden
10-06-08  •  Rawstory.com 
The Delta Force team's initial plan was to come at him from the direction he'd least expect, climbing over the mountains at his back, but that plan wasn't approved by the higher-ups. [on 60 Minutes last night]  Read Full Story
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Reported by:
Home Equity Loan Withdrawals Plunge to Near Zero News Link  •  Economy - Economics USA
 Home Equity Loan Withdrawals Plunge to Near Zero
10-06-08  •  CalculatedRisk.blogspot.com 
Less equity extraction means less consumption over the next few quarters.  Read Full Story
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Reported by:
VP Debate Open: Palin / Biden (Saturday Night Live) News Link  •  Eugenics
VP Debate Open: Palin / Biden (Saturday Night Live)
10-06-2008  •  NBC 
Sen. Biden and Gov. Palin go head to head (SNL: TIna Fey)  Read Full Story
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Reported by: Ernest Hancock
Fed pumps billions more into banks News Link  •  Economy - Economics USA
 Fed pumps billions more into banks
10-06-2008  •  CNN 
Central bank doubles to $300 billion the amount it will loan banks. Loans could reach $900 billion by end of year.  Read Full Story
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Reported by: Ernest Hancock
Stocks sharply lower as global crisis persists News Link  •  Economy - International
 Stocks sharply lower as global crisis persists
10-06-2008  •  marketwatch.com 
Dow slides 500 points, trading below 10,000 for first time in nearly four years  Read Full Story
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Reported by: Ernest Hancock
Shock & Awe: Bi-Partisan Beltway Terrorists Launch Economic 9/11 on America News Link  •  Philosophy: Fascism
 Shock & Awe: Bi-Partisan Beltway Terrorists Launch Economic 9/11 on America
10-06-08  •  GlobalResearch.ca 
In one way or another, other nations would be made to submit to the demands of the U.S. government -- and the same is true for U.S. citizens. The citizens of America will do exactly as the ruling class demands -- or else  Read Full Story
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Reported by:
Dow industrials plunge 800 amid global sell-off News Link  •  Economy - Economics USA
 Dow industrials plunge 800 amid global sell-off
10-6-2008  •  AP 
Wall Street tumbled again Monday, joining a sell-off around the world as fears grew that the financial crisis will cascade through economies globally despite bailout efforts by the U.S. and other governments. The Dow Jones industrials skidded nearly  Read Full Story
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Reported by: Powell Gammill
Johnny Cash Sings About The Credit Crisis News Link  •  Federal Reserve
 Johnny Cash Sings About The Credit Crisis
10-06-08  •  theMessThatGreenspanMade.blogspot.com 
A video in black and white, song by Jonny Cash  Read Full Story
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Reported by:
Fed Boosts Cash Auctions to $900 Billion, May Do More News Link  •  Federal Reserve
 Fed Boosts Cash Auctions to $900 Billion, May Do More
10-06-08  •  Bloomberg.com 
The Federal Reserve will double its auctions of cash to banks to as much as $900 billion and is considering further steps to unfreeze short-term lending markets as the credit crunch deepens.  Read Full Story
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'Taxing' farts and burps News Link  •  Environment
 'Taxing' farts and burps
10-06-2008  •  BBC 
Committed to the Kyoto Protocol, New Zealand promised to cut its emissions to 1990 levels. The country's biggest source is methane from cattle, and as Stephen Evans discovers, the issue is raising a stink among local farmers.  Read Full Story
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Reported by: Jean Carbonneau
The Fleecing of America Feature Article  •  Economy - Economics USA
 The Fleecing of America
Stephen Lendman
   The willful looting of the national treasury.
Make a Comment   •   Email this Article   •   Send Letter to Editor
Thanks for the Inflationary Depression News Link  •  Economy - Economics USA
 Thanks for the Inflationary Depression
10-05-2008  •  The Lew Rockwell Show 
Lew Rockwell interviews Peter Schiff, who recommends that people stop paying on their mortgages and let the government make them a deal.  Read Full Story
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Reported by: Tyger Gilbert
Asian markets plunge on fears crisis is spreading News Link  •  Economy - International
 Asian markets plunge on fears crisis is spreading
10-06-08  •  reuters.com 
Asian stock markets plunged Monday as investors took scant comfort from Washington's passage of a $700 billion bank bailout and focused instead on deepening financial turmoil in Europe that threatens to slow global growth.  Read Full Story
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Ann Berg: Down the Road to Serfdom News Link  •  Philosophy: Fascism
 Ann Berg: Down the Road to Serfdom
10-06-08  •  Antiwar.com 
Whoever has sole control of the means must also determine which ends are to be served, which values are to be rated higher and which lower " in short, what men should believe and strive for."  Read Full Story
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