Current News Headlines

These pages list the most recent news stories reported by the readers and editors of Freedom's Phoenix:

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• Wall Street Journal

A landmark climate bill narrowly passed a key procedural hurdle in the House Friday, a sign that leadership may just barely have enough votes for final passage later in the day. Republicans said the bill included the largest tax increase in American history. It passed by a vote of 217-205. To ensure final passage, the bill needs 218 votes. Passage of the controversial bill will hand Democrats and President Barack Obama a major victory on a cornerstone administration policy. It would also give Washington strong bargaining leverage ahead of international climate negotiations later this year.

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• www.sciencedaily.com

The image shows that proteins are created at connections between brain cells when a long-term memory is formed. Neuroscientists had suspected as much, but hadn't been able to see it happening until now.

The experiment also revealed some surprising aspects of memory formation, which remains a somewhat mysterious process.

 

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• Seeking Alpha

The real crisis is coming… and it’s coming fast. Indeed, it started last year, almost entirely off the radar of the American public. While all eyes were glued to the carnage in the stock market and brokerage account balances, a far more serious crisis began to unfold rocking 30 countries around the globe.

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• InfoWars.com

 "but making judgments about our policy decisions would effectively be a takeover of policy by the Congress and a repudiation of the Federal Reserve would be highly destructive to the stability of the financial system, the Dollar and our national economic situation."

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• Rawstory video

It’s been 40 years since gay clientele revolted against a police raid at a bar called Stonewall Inn in Greenwich Village. Stephen Colbert used the anniversary of the riots to highlight President Barack Obama’s “stonewalling” on promises to advance gay rights.

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• Arizona Republic

The majority opinion sent a strong message to lower courts by questioning why schools and states should remain under the direction of federal courts for so many years.

The Court of Appeals "improperly substituted its own policy judgments for those of the state and local officials entrusted with the decision," Alito wrote.

 

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• arclein

The point I am making is that the industry is obviously been run by sharps who have now forced the creation of new legislation to protect consumers from abusive practice. Anyway, this is the tip of the iceberg of what has happened to our formerly robust financial system. What makes it particularly stupid, unless someone shows me different, is that the credit industry cannot go to the courts to successfully collect at all. Thus if credit card holders went of a mass revolt, the industry would not be able to ever recover. It is very much in their interest to coddle their customers who actually enjoy the service and will work hard to keep it in good order.

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