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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Bloomberg

The first 12 months of the U.S. recession saw the economy shrink more than twice as much as previously estimated, reflecting even bigger declines in consumer spending and housing, revised figures showed. The world’s largest economy contracted 1.9 percent from the fourth quarter of 2007 to the last three months of 2008, compared with the 0.8 percent drop previously on the books, the Commerce Department said today in Washington

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The Business Insider

Remember the fairy tale about AIG being an otherwise healthy insurance company that just got a little crazy selling credit default swaps? Well, it's time to put that one to rest. snippet.. Regulators have been turning a blind eye to this sort of thing because they are worried about putting the taxpayer investment in AIG at risk. Read that again: we invested billions in AIG and now we can't properly regulate it without putting that investment at risk. It's a brand new type of regulatory capture. Great work, team.

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Cracked.com

What conspiracy buffs are doing is taking any world event and retroactively declaring it to all be part of the Secret Plan. Economy booming? Of course, that's part of the secret plan to make the corporations control all wealth. Economy collapsing? Of course, that's part of the secret plan to destroy capitalism.

If it rains, it's because the Trilateralists want a flood. If it doesn't, it's because they want drought. And both are held up as proof after the fact, so as far as they're concerned, they've got proof out the ass.

 

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YouTube


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Bloomberg.com

June 27 (Bloomberg) -- The dollar declined the most against the euro in a month and dropped versus the yen after China repeated its call for a new global currency.

The Swiss franc declined against the euro and dollar this week as foreign-exchange analysts said the central bank sold its currency three times to support the economy. The greenback fell against most of its major counterparts after the People’s Bank of China said yesterday the International Monetary Fund should manage more of members’ foreign-exchange reserves.

“The dollar’s status as a reserve currency is being questioned,” said Benedikt Germanier, a foreign-exchange strategist in Stamford, Connecticut at UBS AG, the second- largest currency trader. “There are reasons to sell the dollar.”

The U.S. currency fell 0.9 percent to $1.4056 per euro this week from $1.3937 on June 19, the swiftest depreciation since the five days ended May 29. The dollar fell 1.1 percent to 95.18 yen f

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WSJ

The U.S. Army owns nearly 10 million acres of land across the U.S., and it wants more in remote southeastern Colorado, which it says is ideal for intense combat training. The problem is that much of that prairie is owned by ranchers who have run cattle across the plains for generations. And they have balked at turning over their range land to Uncle Sam.  

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Surviving the Middle Class Crash

Do you want to know the safe alternative to warding off disease that does not include taking a poisonous vaccine? That alternative is a healthy immune system. By eating factory processed foods that contain preservatives, GMOs and all sorts of artificial ingredients, we are weakening our immune systems and leaving ourselves open to all sorts of illnesses.

 

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LA Times

Billy Mays, the burly, bearded television pitchman whose boisterous hawking of products such as Orange Glo, OxiClean and ESPN made him a pop-culture icon, died today. He was 50. Tampa police said Mays was found unresponsive by his wife, Deborah Mays, this morning. A fire rescue crew pronounced him dead at 7:45 a.m. Investigators do not suspect foul play, said Lt. Brian Dugan of the Tampa Police Department.

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WorldNet Daily

But seller of 'Obama's birth certificate' dodges administrators to post 3rd time. An eBay seller who previously promised to deliver a certified copy of President Obama's actual birth certificate – from a hospital in Mombasa, Kenya – has twice had his listing removed from the popular auction website. In a third listing, however, the seller calling himself "colmado_naranja" has explained why the birth certificate was twice yanked by eBay administration.

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St. Petersburg Times

Nowhere in the Constitution is there a guaranteed freedom from being offended. It is not a right that comes with American citizenship, like the right to vote. Just the opposite. If the Constitution had a warning label, it would read: Caution, your right to freedom of speech means others have a parallel right, which is highly likely to occasionally provoke anger, annoyance, disgust and offense.

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AP

More than a dozen soldiers arrested President Manuel Zelaya and disarmed his security guards after surrounding his residence before dawn Sunday, his private secretary said. Protesters called it a coup and flocked to the presidential palace as local news media reported that MR. Zelaya was sent into exile.

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The Writer's Collective

Not what the American people ordered - HR 2749, martial law and the enslavement of their farmers. HR 2749 is a strange bill in many ways. While the other “food safety” bills have been around since winter, allowing for much public discussion on the internet, HR 2749 has only suddenly appeared. It is a mutant conglomeration of the worst of the other bills, with the addition of one very original part – martial law. 

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APFN Messageboard

Rand Paul, G. Edward Griffin & Guns in Church http://www.breakthematrix.com/node/36864 Posted by shelly on Thu, 06/25/2009 - 9:54am in * Economy Introducing a new podcast at BTM called Take Back TV! The first two episodes are up, with more on the way covering some of our favorite guests & topics: Rand Paul: http://www.breakthematrix.com/node/36864

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Cap&Tr8tors

They have 4 Days from the time of their vote to change them, or we will work to vote them out of office. July 2, 2009. #capandtr8tors is the Twitter tag to use on this topic. HR 2454 RECORDED VOTE 26-Jun-2009 7:17 PM BILL TITLE: American Clean Energy and Security Act The following republicans voted FOR the largest tax bill ever passed by a session of Congress.

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NY Times

As Democrats strained to win over crucial holdouts on the way to narrow, party-line approval of global warming legislation, they were dogged by a critical question: Has the political climate changed since 1993? Veteran members of both parties vividly remember when many House Democrats, in the early months of the Clinton administration, reluctantly backed a proposed B.T.U. tax — a new levy on each unit of energy consumed — only to see it ignored by the Senate and seized as a campaign issue by Republicans, who took control of the House the next year.

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Yahoo Tech News

Scott Painter makes his living betting on startup companies, having played a role in launching 29 of them over the years. But with the bad economy choking initial public offerings and acquisitions, Painter is now backing an idea that makes it easier for insiders like him to sell shares in their companies even before they go public.

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CFP

Moving as quickly as he can to gut the USA and then divide its body parts amongst like-minded globalists, the USA’s Supreme Leader Barack Hussein Obama used the G-20 conference to begin his turnover of USA sovereignty to said internationalists and start the move toward a one-world government. Obama has signed off on international legislation—the Financial Stability Board—that would regulate ALL firms, including those within the USA and places them under the responsibility of an international governmental agency.

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Papers Please

Until recently, the TSA has been a domestic legal Guantanamo, and the TSA has treated their domain of “checkpoints” and travel control and surveillance as a law-free zone where their powers of search, seizure, detention, and denial of passage were unconstrained by the Constitution, human rights treaties, judicial review, or stautory or regulatory standards.  As indeed it has been: Congress has enacted no law specifically defining any limits on the authority of TSA agents at checkpoints (or elsewhere), and the TSA itself has never conducted any rulemaking or issued any publicly-disclosed regulations defining its authority, its limits, what orders travellers do or don’t have to comply with, and which forms of “noncooperation” are considered grounds for which sanctions

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