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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911 / World Trade Center

• ae911truth.org

In Los Angeles, Richard Gage was introduced by Ed Asner, the former president of the screen actors guild, who called him "a tireless and tenacious advocate for questions that all too few are willing to ask…and truths that fewer still are willing to face, truths that may shake the foundations of our world view." We were pleased to have heard such encouraging words from this committed activist and famous actor.

Next was the Conspiracy Conference in Santa Clara June 6 and 7, where Richard gave this spirited, aware group his science-based evidence for claims of demolition of the three high-rise towers on 9/11. Two hundred and fifty people attended. Musician and 911: In Plane Site filmmaker Dave von Kleist introduced Richard, and the crowd was primed for the talk by none other than George Noory of Coast to Coast AM, who stated that having AE911Truth on his radio show was long overdue. Russia Today TV was one of four stations to interview Richard at the con

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Humor

• Big Hollywood

ROFLMAO this is funny and informative! It seems that a lot of people have completely forgotten about the billions of tax-payer dollars that have already been spent. Don’t you worry folks, I’ve got you covered. Steve the P.A. from Iowa and I hightailed it across the country to see if our money was truly being put into a legitimate recovery program… Or being spent on frivolities. Take a guess! Video at site PS: Don’t worry. Nobody actually swam in the Salton Sea during the making of this video. Well, a German tourist did, but I think he got shot.

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Domestic Policy

• Big Hollywood

As the Most Powerful Community Organizer in the world pushes through his vision for your future healthcare, his minions are hard at work. Myriad press outlets are blaming fat folks for the rise in healthcare costs. In Obamaland, fat is the new smoking! How and what you eat is the next evil behavior to be controlled by law! Here is the reason: in the future if you do not conform to the health police’s standards you will be denied access to healthcare. You smokers and drinkers, you fatties and stoners, you are a drag on the system. Your behavior is making you cost too much so go to the end of the government rationing line and hope we get to you. You oldsters and people with chronic conditions take a pain pill. You are a bad risk for successful treatment. In fact, why don’t you do us all a favor and take the whole bottle of pills and check out!

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Corruption

• posterchildrenfortermlimits.com

Our new boy on the poster, Sen Charles Grassley of Iowa, doesn’t have the worst overall record of Repubs or Dems but he has, by virtual of his longevity in Congress, reached a position where he has been able to influence enactment of some of the most damaging legislation to our freedoms and well-being. The ethanol disaster is one and now, Obama’s plan to take over healthcare has Grassley in position to enable Obama’s power grab. He’s working on a “compromise” that he says won’t concede the entire health care system of the USA to the State –just a part of what is left in the free market. Government already controls about half of healthcare through Medicare and other federal programs. Where is THAT in the US Constitution? Who benefits from a FedGov command of health care for each and every one of us commoners? Note that all of the plans offered so far by the Obama regime exempts royalty --federal officials and Congress-- from the restrictions and regulations.

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TERRORISM

• Against All Enemies

Former FBI translator Sibel Edmonds dropped a bombshell on the Mike Malloy radio show, guest-hosted by Brad Friedman (audio, partial transcript).In the interview, Sibel says that the US maintained ‘intimate relations’ with Bin Laden, and the Taliban, “all the way until that day of September 11.”  

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Corruption

• CNBC

psst...also insure government sachs! The worry is that the company, which has never paid out a claim, might be unable to cope with the Lehman bankruptcy. If it were overwhelmed by claims, the banks and brokerage companies that own Capco, as it is known, could end up owing billions of dollars. By some industry estimates reviewed by the insurance department, Capco could face nearly $11 billion in claims but has only about $150 million with which to meet them. The state is examining whether the company sold policies without the means to cover them

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Economy - Economics USA

• CNBC

Employment compensation for U.S. workers has grown over the past 12 months by the lowest amount on record, reflecting the severe recession that has gripped the country. The Labor Department said Friday that employment costs rose by 1.8 percent for the 12 months ending in June, the smallest annual gain on records that go back to 1982.

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Bailouts

• CNBC

The dozens of insurance companies that make up the American International Group show signs of considerable weakness even after their corporate parent got the biggest bailout in history, a review of state regulatory filings shows. Over time, the weaknesses could mean trouble for AIG’s [AIG 13.0198 -0.1102 (-0.84%) ] policyholders, and they raise difficult questions for regulators, who normally step in when an insurer gets into trouble. State commissioners are supposed to keep insurers from writing new policies if there is any doubt that they can cover their claims. But in AIG’s case, regulators are eager for the insurers to keep writing new business, because they see it as the best hope of paying back taxpayers.

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Police State

• Marc J. Victor

Being pulled over by a police officer can be a stressful experience. Although life is full of such experiences, unlike many other stressful experiences, a traffic stop has the potential to end in a loss of money, liberty or even life. No two traffic stops are entirely identical. Therefore, the advisable course of conduct will vary depending on thesituation. However, there are some general rules which can be helpful in many situations.The best piece of advice one can offer is to avoid being pulled over in the first place. A traffic stop offers nothing to be gained. The best case scenario for the driver is to leave as if the stop never occurred losing only some time.   On the other hand, the downside can be disastrous. Vehicle equipment violations such as expired tags or an unlit taillight equate to a neon sign on your car inviting a police officer to pull you over. Remember, a police officer can legally justify a traffic stop based on an equipment violation even if

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Corruption

• Judicial Watch

hmm BO got one also but no one wants to talk about that oh well... The Senate Ethics Committee investigation looking into allegedly preferential treatment afforded powerful Senators Dodd (D-CT) and Conrad (D-ND) by mortgage giant Countrywide Financial has sprung a few leaks. And the emerging details do not look good for either senator.

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Economy - Economics USA

• Yahoo

he House has voted to rush an additional $2 billion into the popular but financially strapped "cash for clunkers" car purchase program. The bill was approved on a vote of 316-109. House members acted within hours of learning from Transportation Secretary Ray LaHood that the program was running out of money.

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Economy - Economics USA

• The Market Ticker

The pumpers in the media will burn in Hell for dragging you (the sheeple) back into this market. Here's the truth on GDP, in picture I updated the previous Ticker but this is important enough to put up as a separate post. I will maintain this quarterly as new releases come out; this is a new "staple" for The Market Ticker, where unlike the sell-side that is always trying to get you to buy I am concerned with the truth about our economy and deal in the facts, not hype. This is off Table 3B in the BEA's release and is actual year-over-year change in constant (chained) dollars. Feel free to check my work - in fact, you should check my work, just like you should check everyone else's you hear, especially if you hear a politician or media pundit opine about how "things are getting better." Baloney. Not only is the GDP still falling it is still falling at an increasing year-over-year rate.

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Federal Reserve

• Slate

Which is why Paul's most recent legislative accomplishment is so impressive. He has rallied the majority of the House to support his new cause: an audit of the Federal Reserve. Legislators are sick of not knowing what's going on inside Bernanke's fortress, especially as the Fed becomes further enmeshed in the nation's fiscal policy. Paul's little bill has become emblematic of a larger movement, one that could spell trouble for Obama's troubled regulatory plan. Ron Paul—always an enemy of regulation—is now an enemy of Obama. And a mighty powerful one at that.

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F.E.M.A.

• InfoWars.com & ihispano.com/job/employer/481986

 As an Internment/Resettlement Specialist for the Army National Guard, you will ensure the smooth running of military confinement/correctional facility or detention/internment facility, similar to those duties conducted by civilian Corrections Officers.

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Economy - Economics USA

• Reuters

Goldman Sachs raised its rating on the shares to "buy" on the news. Bloomberg News reported that U.S. Rep. Barney Frank said in an interview that GE's ownership of GE Capital was "not part of the problem" that caused the financial crisis. Many investors had feared that the Obama administration's planned overhaul of the system could compel Fairfield, Connecticut-based GE to spin off the finance unit. That business over the past year has become the company's Achilles heel, and GE management was working to downsize it in the face of falling profits

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Bailouts

• Reuters

One of the many mysteries swirling around high-frequency trading is just how profitable the lightning-fast buying and selling of stocks, options and commodities really is. Most prefer to say simply nothing on the subject, leaving us in a very dark pool on the issue of high-frequency profits. To be fair, Goldman Sachs (GS.N) recently came out and said "even using the broadest definition, high-frequency shares trading accounted for less than one percent of Goldman Sachs' total revenue in the first half of 2009." But Goldman is talking only about high-frequency trading of stocks, not options and commodities. In options trading alone, Goldman's algorithmic-driven platform is estimated by a market source to account for 15 percent of the daily trading volume.

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Government

• BeatTheChip.blogspot.com

WASHINGTON -Advocacy researchers concluded late last week that only 13 out of 25 States were recognized for rejecting federal Real ID Act.  The flaw was first noticed during a hearing where legislation was reconsidered for  replacement by the PASS Act, July 15th.


Misinformation is currently billed as the primary cause of confusion. Local