Finance the Islamic Way at Michigan Bank
• ABC NewsBig financial institutions have been battered by mortgages gone bad. But a tiny Michigan bank is getting attention in the industry by turning a profit on loans without even charging interest.
Current News Headlines
These pages list the most recent news stories reported by the readers and editors of Freedom's Phoenix:
why the gun is civilization
• Munchkin WranglerHuman beings only have two ways to deal with one another: reason and force. If you want me to do something for you, you have a choice of either convincing me via argument, or force me to do your bidding under threat of force.
Debunking the "Human Shield" Myth
• Chris FlyodNearly seventy years ago, in the course of World War II, a heinous crime was committed in the city of Leningrad. For more than a thousand days, a gang of extremists called “the Red Army” held the millions of the town’s inhabitants hostage and provoke
Teens charged with child pornography -- for photos of themselves
• The ExaminerCharging teenagers for possessing and distributing child pornography after they share nude photos of themselves with their friends has become a disturbing trend across the country. The charges carry consequences that threaten to cripple their futures
Woman dies after collapse in New Orleans Parish jail's psych unit. NOPD Called Live on the Air
• http://www.nola.comA 43-year-old woman died this week after she collapsed in the jail’s psychiatric unit while in restraints, a spokesman for the Orleans Parish criminal sheriff’s office said Friday. Cayne Miceli was arrested Sunday afternoon on municipal charges at
9/11 Truth on "Rescue Me" TV Drama
• YoutubeI must admit I am surprised this was allowed to air. -- Powell
'Atlas Shrugged': From Fiction to Fact in 52 Years
• Wall Street JournalSome years ago when I worked at the libertarian Cato Institute, we used to label any new hire who had not yet read "Atlas Shrugged" a "virgin." Being conversant in Ayn Rand's classic novel about the economic carnage caused by
Legalized drugs only way to halt cartels
• ElPaso TimesAs a retired federal officer with over three decades of service, many of those years spent fighting America's "war on drugs," I was pleased to read that the El Paso City Council unanimously called for a long overdue discussion on the ef
Fault lines emerge at Fed
• By Greg Robb, MarketWatchBernanke, Philadelphia Fed's Plosser differ publicly on new policy - WASHINGTON (MarketWatch) - Key fault lines are emerging at the Federal Reserve over the central bank's journey into uncharted monetary policy.
NJ kids with Nazi-inspired names removed from home
• Yahoo NewsThree New Jersey siblings whose names have Nazi connotations have been placed in state custody, police said. The children, ranging in age from 3 to under 1, were removed from their home Friday.
Police Abduct Baby Adolf
• Right PerspectiveThe New Jersey Division of Youth and Family Services and police officers have taken custody of 3-year old Adolf Hitler Campbell, a month after a local supermarket refused to write his name on his birthday cake. JoyceLynn Aryan Nation Campbell, 1, and
Change? Obama Inner Circle Filled With Bilderbergers
• americanfreepress.metNow that President-elect Barack Obama has begun forming his cabinet, we’re seeing a cadre of more deeply entrenched insiders than any administration that has preceded it.
US Military Warns on 'Sudden Collapse' of Mexico and Pakistan
• Jessescrossroadscafe.blogspot.comEL PASO - Mexico is one of two countries that "bear consideration for a rapid and sudden collapse," according to a report by the U.S. Joint Forces Command on worldwide security threats.
The Student Prince with Mario Lanza
• Christine Smith Blog"Nobody else but the individual can decide what is right for them, but one’s beliefs and priorities, based on the values placed in one’s heart, will determine the choices made throughout life and the subsequent blessings or sorrows."
Get Your Own Presidential Pardon
• Comedy Central's Indecision 2008Fill in the form, and then press the button for your own presidential pardon courtesy of indecision2008.com.
Global Warming Hits U.S...or Not
• Google NewsLast winter was one of the coldest on record in South America and China. Currently, the U.S. is in the grips of a big freeze from the Pacific Northwest through the Midwest to New England and the Southeast. If this keeps up, will Al gore surrender h
Is Feb. 10 financial doomsday for thousands?
• World Net DailyI can understand why the FEDS want to eliminate ammunition availability, but KIDS CLOTHES, TOYS, AND BOOKS!?!
Bank of America to receive 'Fed bailout' for buying Merrill Lynch
• Calculatedriskblog.com & WSJ.comAny possible arrangement might protect Bank of America from losses on Merrill's bad assets. There would be a cap on the amount of losses the bank would have to absorb with the federal government being on the hook for the remainder ...
Meredith Whitney: Banks face asset deflation in 2009-2010, need 2nd bailout
• CNBC.comIn an interview this afternoon with Maria Bartiromo, Meredith Whitney said the banks had underestimated the fall in housing prices, and the rise in unemployment. She also pointed out that the TARP money was going quickly.
Gaza Strategies
• Stuart Archer CohenPerverse as it may seem, both sides of the Gaza conflict are succeeding in their carefully-planned strategies.
Nortel, Shane Jewelry, Gottschalks, Goody’s Seek Bankruptcy
• CalculatedRiskblog.comThe wave of bankruptcies that was predicted for the first 3 months of 2009 is starting to wash ashore.
Financial Follies Continue: Mounting Losses, More Bailouts, Tax Revolt?
• finance.yahoo.com/The New York Times reports banks need more bailout money, and some are already lobbying for it. Collectively, these stories suggest the problems in the financial sector are far from over, and more government bailouts are coming.
It's time to educate on home-schooling<br>by Jim Lesczynski
• NY Daily NewsThe recent news that there has been a 32% increase in the number of New Yorkers who educated their children at home between 2003 and 2007 has me preparing for the onslaught of questions I'll be fielding over the coming days.
Bush Declares Washington D.C. a Federal Emergency Area
• Washington Times[The designation clears] the way for the city to receive federal money to help cover the overwhelming cost of providing security for the inauguration events, the first time the designation has been used for anything other than a national disaster.
GoldMoney: its use as money.
• James TurkGoldMoney provides thousands of customers with a useful, secure and affordable way to buy and hold gold and silver. In addition, GoldMoney's patented payment system modernizes gold's oldest, most valuable feature: its use as money.
Massive Deflation: Asia-Europe Shipping Rates Drop to Zero
• NakedCapitalism.com"They have already hit zero," said Charles de Trenck, a broker at Transport Trackers in Hong Kong. "We have seen trade activity fall off a cliff. Asia-Europe is an unmitigated disaster."
LIFE WITH BIG BROTHER
• WorldNet DailyPolice look to hack citizens' home PCs 'Very intrusive powers – as intrusive as someone busting down your door'
H.R. 45 (Federal Firearm Registration) Filed on First Day
• firearmscoalition.org via Alan Korwin e-mailIf passed, this bill would require that anyone wishing to purchase, own, or possess a "qualifying firearm" ... would have to be licensed by the state or the federal government in a licensing program managed by the Attorney General.
Is Any Place Safe When the Deflationary ‘Switch’ Is Turned On?
• ElliotWave.comEWI was alone in forecasting a deflationary collapse across nearly every asset class. Editors of The Elliott Wave Financial Forecast, were alone in not predicting a commensurate run-up in commodity prices – which inflation-fearing analysts mistakenly
Obama Administration: Wall Street Robber Barons Ride Again
• TruthDig.comThis is our money we’re talking about. Why don’t we get to read the fine print in what will end up being trillions of dollars in taxpayer obligations? Because we are suckers, that’s why, and the folks who swindled us into this disaster can count on i
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