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These pages list the most recent news stories reported by the readers and editors of Freedom's Phoenix:
“We were struck by the 44 percent increase in problem loans in the quarter,” Morgan Stanley analysts Huw van Steenis and Hubert Lam said in a note today, cutting their rating on Deutsche Bank shares...
About 1 in 10 Californians with a home loan is now in default, and there’s growing evidence that the mortgage meltdown is spreading to commercial real estate.
Data for the last year or so was revised downward pretty drastically - sequential quarterly growth rates in 2008 and early 2009 were updated as shown below:
Economic growth has now contracted for four straight quarters, the longest stretch since the government began keeping records more than 60 years ago and, aside from rising stock prices, it's hard to see what will drive the economy forward...
The FDIC closed five more banks on Friday, and that brings the total FDIC bank failures to 69 in 2009. The following graph shows bank failures by week in 2009.
The following organizations have lent monetary, grassroots or some other type of direct support to anti-gun organizations. In many instances, these organizations lent their name in support of specific campaigns to pass anti-gun legislation
Rahm Emanuel Explains To A Reporter About Obama`s Private Military He Will Have.
Despite some really eloquent speeches to the contrary, our “for sale” House of Representatives passed the Food Fascism Act….euphemistically called a food safety act, by a margin of about 140 over the naysayer’s. True to form, Rosa DeLauro spoke about things she knows nothing about and couldn’t care less; Rosa just loves her some Monsanto! And that exclusion for farms??? Gone! And that includes you organic idiots who thought you had kissed enough behinds to have your industry excluded.
A Texas man who pleaded guilty to threatening President Barack Obama and the Mall of America in suburban Minneapolis was sentenced Friday to four years of probation and home detention.
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
At any given time, the base of a political party—often, but not always,
the opposition party—is apt to grab hold of a conspiracy theory that's
considered déclassé in Washington. Sometimes the idea has at least a grain of truth; other times it's simply ridiculous.
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.
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!
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.
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.”
Paris with the "Field Nigga Boogie."
• Page 59: The federal government will have direct, real-time access to all individual bank accounts for electronic funds transfer.
The building's 1.2 million square feet could fit 193 full-size copies of the Statue of Liberty. Its parking lot has room for 292 tractor trailers. But on a recent morning the only signs of life were a security guard's trailer, golf cart and bicycle.
The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $15 million. ... First BankAmericano is the 68th FDIC-insured institution to fail in the nation this year, and the second in New Jersey.
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
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.
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.
In yesterday's CHART OF THE DAY we noted the similarities between this current rally and the famous rally between 1929 and 1930. Today, David Rosenberg picks up on the same thing, and fills it out a little more. 1930 revisited.
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
Sen. John Barrasso (R-Wy.) said the cap-and-trade legislation passed by the House of Representatives could be a boon for organized crime in the United States by creating a carbon credit industry that could spawn fraud, money laundering and other criminal activities.
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.
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.
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.
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.
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.
