The United States is No Longer the Land of Opportunity - by Szandor Blestman
• The American Chronicle.comOpportunities still exist in this country, but not if you don´t have the money to pay the bureaucrats running the system for permission first.
Current News Headlines
These pages list the most recent news stories reported by the readers and editors of Freedom's Phoenix:
I'm a Progressive Libertarian
• Paul Levinsona position that zealously respects the Constitution, especially the Bill of Rights and the Declaration of War clause, but encourages the government to intervene in times of economic crisis
Cheney: Bush's actions legal if not impeached
• Rawstory.comCheney referenced Abraham Lincoln as an example of another president who "suspended the writ of habeus corpus" during a war, prompting this exchange: SCHIEFFER: But nobody thinks that was legal.
Former President Bush Touts Son Jeb for President
• Rawstory.comAsked in a broadcast interview about Jeb Bush's consideration of the Senate seat, Bush 41 said: "I'd like to see him run. I'd like to see him be president someday."
My State of the Union 2009
• Jet LaceyI believe that individual liberty is a right afforded to us by the Laws of Nature, or whatever Creator you believe in. I say this because the writings of Thomas Aquinas, Thomas Hobbes, and John Locke regarding Laws of Nature and the State of Nature
Lone vigilante Jimmy Justice terrorizes New York city traffic enforcement officials
• Daily NewscasterNew York city is under siege by a lone camera wielding vigilante known as Jimmy Justice who confronts government employees who violate traffic and parking laws. Does he have the right? Vote in our poll.
The Police Professionalism Roundup
• The AgitatorSo Supreme Court Justice Antonin Scalia again trotted out the “new professionalism” canard during oral arguments for a 4th Amendment case last term. I guess you could say the rebuttals I’ve been posting since the Hudson decision are just anecdotes. B
Arizona may run out of money in February
• Azcentral.com/And unlike last spring, when the treasurer issued a similar alarm, this time there won't be reserves to cover the bills. Martin says the state will be forced to borrow money in the short term - the first time since World War II - and adds that th
Iraqi Station Rebuts U.S. Account of Employee's Shooting
• Washington PostThe employer of an Iraqi television producer shot and wounded by U.S. troops on New Year's Day disputed the military's assertion Saturday that she had acted suspiciously and had failed to heed warnings before the troops opened fire.
44 States Face Huge Budget Shortfalls
• Michael Shedlock / MishThe California 2010 deficit is now projected to be $25 billion, a whopping 24.8% of the Fiscal Year 2009 General Budget. However, how can anyone have any confidence in the numbers when the projected deficit is revised higher every month?
Time ripe for Fed inflation target: Bullard
• ReutersSetting an explicit inflation target would help the Federal Reserve keep deflation at bay now that interest rates have been cut to almost zero, a top central banker said. "...you have this possibility of expectations drifting off to deflation or
Bank of England: Interest Rates may sink to lowest since 1694
• telegraph.co.uk/finance/The radical move is regarded as essential if the UK is to stand any chance of avoiding slipping into a Japan-style depression.
Israeli Troops Advance, Bisecting Gaza
• NY TimesIsraeli troops advanced into Gaza on Sunday under cover of heavy air, tank and artillery fire after opening a ground war against the militant group Hamas on Saturday night.
Nassim N. Taleb is Angry at the Banking Industry
• YouTube.comNassim Taleb is angry in a way that is never allowed on to be seen on CNBC.
Obama considering expanding jobless benefits
• NY TimesPresident-elect Barack Obama and Congressional Democrats are considering a major expansion of government-assisted health care insurance and unemployment benefits as part of a two-year economic recovery program.
Why What They're Doing Can't Work
• Market-Ticker.denninger.netHas that 16% increase - a $1.5 trillion addition to the debt - made the economic situation worse or better over the last 12 months? The stock market - has it gone up or down? Employment - has it increased or decreased? Has your credit card and hom
2008 Job Losses Probably Worst Since 1945: U.S.
• Bloomberg.comThe U.S. economy probably lost more jobs in 2008 than in any year since the end of World War II as firings rippled from homebuilders and automakers to banks and retailers, a government report may show this week.
Chicago Fed: Evans says Fed needs to mimic below-zero rates
• Reuters.com/The process often involves buying up large quantities of assets from banks, such as the Fed's latest programs to buy mortgage-backed securities.
Now You Have No Excuse To Be Unarmed
• http://freedomfighterradio.net/?p=3418Are you tight for money and want a simple rifle? Say, something capable of a 1000 meter shot? I have been researching a lot of gun forums for the ultimate rifle that meets these standards: cheap, powerful, accurate, battle tested and can easily be mo
SEC chief claims regret over short-selling ban
• Blog of BileThe SEC imposed the temporary ban under intense pressure from the Federal Reserve and Treasury Department which insisted it was crucial to the short-term survival of these institutions, Cox said. A few weeks after the temporary ban was lifted, global
“A Visual Guide to the Financial Crisis” (FlowingData)
• Ponder ThisJust came across this site and its really solid flow chart on the roots of the financial and economic crisis. This is pretty spot-on.
One Giant Rez<br>by Will Grigg
• Pro Liberate“What’s happening in my country is also happening in your country…. You don’t even know it, but you’re the Indians of the 21st Century, and that’s very sad.” – Russell Means, Indian Activist, of the newly created Independent Republic of Lakota.
Nassim N. Taleb: America in Most Difficult Situation Since the American Revolution
• YouTube.comIn this nine minute interview Nassim N. Taleb and his mentor Benoit Mandlebrot discuss the seriousness of America's financial situation and how little we understand of its possible outcome. Video interview from 12-21-08.
Protest in Reykjavik Iceland Continue - Video
• http://www.freedomfighterradio.netToday,at the protest in Reykjavik -- a 8 year old girl held a speech criticizing the banking investors and the government - and her name is Dagny Dimmbla. Her is her speech,with subtitles
Rabbi's Protest Against Zionism
• http://www.kickthemallout.comListen to this Rabbi. PLEASE. Heed his words. He speaks the truth and we all need to stop sucking up the lies and propaganda of the war mongering lunatics that control our nations and media. We have been conned pure and simple and we need to WAKE UP!
Barack Obama’s chief of staff Rahm Emanuel talks about his draft plan
• Daily NewscasterBarak Obama’s chief of staff Rahm Emanuel discusses his book The Plan in which he outlines a mandatory civil service requirement for all Americans from ages 18 to 25.
Martin Feldstein: Economy May Be Worse A Year From Now - Wants Mortgage Firewall?
• CNBC.com"We are facing an economic downturn that is worse than anything I have seen in the post-war period," Feldstein said. "American households have lost more than $10 trillion of net worth in the stock market and housing prices. Watch the v
Treasury Announces Targeted Investment Program of "Citi-Style" Rescues
• Michael Shedlock / MishWhen the treasury says it will use "extreme discretion in order to improve market confidence" it really means there will absolutely no discretion; that it will do what it damn well wants, anytime it wants, whether it has the money to do so
Revolution in the Air: Thousands of Shoes Thrown on Miami Highway
• AfterDowningStreet.orgThousands of work boots, bath slippers, tennis sneakers and beach sandals -- even roller blades, all inexplicably materialized, strewn upon the southbound lanes, disrupting traffic for hours. Watch the video.
U.S. Debt Expected To Soar This Year: $2 Trillion Increase May Test Federal Ability to Borrow
• WashingtonPost.comBut about 40 percent of the debt held by private investors will mature in a year or less, according to Treasury officials. When those loans come due, the Treasury will have to borrow more money to repay them, even as it launches perhaps the most aggr
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