Continued Unemployment Claims at Record High
• Calculatedriskblog.comIn the week ending Jan. 24, the advance figure for seasonally adjusted initial claims was 588,000, an increase of 3,000 from the previous week's revised figure of 585,000.
Current News Headlines
These pages list the most recent news stories reported by the readers and editors of Freedom's Phoenix:
New Home Sales Crash to Lowest Level in 46 Years
• CNBC.comThe Commerce Department said sales tumbled to a 331,000 annual pace, the lowest since it started keeping records in 1963.
US Talks of Pumping $1 to 2 Trillion More into Banks
• CNBC.comUS government officials seeking to revamp the financial bailout have discussed spending another $1 trillion to $2 trillion to help restore banks to health, the Wall Street Journal said, citing people familiar with the matter.
Arizona: Phoenix economy will be either bad or terrible in 2009
• AZcentral.comThe Valley has 20,000 to 40,000 excess homes to absorb, which could take a while - Pollack estimated that last year, only about 3,000 were absorbed.
One more reason USA is without a president
• Mark S. McGrewAs if it weren't enough that Obama is ineligible to be President, another reason surfaces.
Obama's problem in Kenya has been 'sorted out'
• Mark YannoneWhat problem? That's what I wondered.
Gary Samore Tapped for Weapons of Mass Destruction 'Czar'
• Fox NewsSamore, a vice president at the Council on Foreign Relations, formerly served as the National Security Council's senior director under President Clinton from 1996 to 2000. Why don't they just move the whole government to 58 East 68th Street
Fixing the Economy Now
• arcleinrestructuring the foreclosure rule can eliminate the credit crisis in a period of months at vastly less cost and without a full blown depression
Mesa officer could face criminal charges
• http://www.eastvalleytribune.com/story/134690Criminal charges are being considered against a Mesa police officer for criminal damage and providing false information to a law enforcement officer after he crashed his SUV at Gilbert Town Square last month and left the scene.
Thorium Energy Paradigm
• arcleinYou cannot come away from this article but to be sure that the systems described will nicely consume all our uranium waste problems while supplying massive grid power anywhere needed.
Laffer Curve Applied and Pending Oil Rationing
• arcleinunderstanding this curve and matching it to the current state of taxation policy will inform you as well as any finance minister of the future condition of the economy.
Congress Seeks To Authorize & Legalize FEMA Camp Facilities
• www.roguegovernment.comA new bill has been introduced in the U.S. House of Representatives called the National Emergency Centers Act or HR 645. This bill if passed into law will direct the Secretary of Homeland Security to establish national emergency centers otherwise kno
Obama to Launch "America Scouts"(The Modern Day version of the Nazi Youth Corps)
• World Net DailyIn an advance copy received by World Net Daily, it appears that the President’s new administration is going to try a bold new approach regarding the nation’s youths. President Obama’s staff is furiously working to finish the first draft of a new yout
PBS confirms that NSA could have prevented 9/11
• George Washington's BlogPBS will air a documentary on Feb 3rd called "The Spy Factory". It focuses on NSA, and it's abilities, as well as based on James Bamford's book by the same title, shows that they had tapped the phones used by the terrorists, and ne
Davos: Putin of Russia and Premier Wen Jiabao of China had strong words for U.S.
• Rawstory.comPutin said. "Today, investment banks, the pride of Wall Street, have virtually ceased to exist. In just 12 months, they have posted losses exceeding the profits they made in the last 25 years.
Vital Information On The Bailout Being Blacked Out!
• Melinda Careyhttp://www.cbsnews.com/video/watch/?id=4761146n
John Adams
• Christine Smith Blog"Independence has always required strength and perseverance, and the human spirit always requires independence."
Mail days may need to be cut
• APMassive deficits could force the post office to cut out one day of mail delivery, the postmaster general told Congress on Wednesday, in asking lawmakers to lift the requirement that the agency deliver mail six days a week. If the change happens
Postmaster General: Mail days may need to be cut
• APMassive deficits could force the post office to cut out one day of mail delivery, the postmaster general told Congress on Wednesday, in asking lawmakers to lift the requirement that the agency deliver mail six days a week.
House passes Obama $820 Billion Bailout
• APIn a swift victory for President Barack Obama, the Democratic-controlled House approved a historically huge $819 billion stimulus bill tonight with spending increases and tax cuts at the heart of the young administration's plan to revive a badly
Call it treason
• arcleinAAA bonds do not fail unless collusion existed to subvert the credit system. Everyone who signed off on these pieces of script was guilty of treason. They need to be so charged and ordered to disgorge their illegal gains for an ounce of mercy. Those
Outrage: Justice Minister Fired for Stating Obvious Truth about Domestic Violence
• www.glennsacks.comWhat an incredible story. From Nunavut justice minister demoted over domestic violence remark (CBC, 1/27/09): Nunavut's premier has stripped the territory's justice minister of his duties over a remark that suggests women are partly to bla
Konopnicki Again Chases Amnesty Dream, "We still need workers!"
• Arizona Capitol TimesSaying Arizona's economy is suffering due to a lack of migrant workers, Republican Konopnicki is once again attempting a Guest Worker Bill. This like will take you to a Google News page and, the full article without cost is #6 on the page.
"Drunken Negro Face" Cookies On Sale at Greenwich Village Bakery
• gothamist.com via Rense.com...that Ted Kefalinos, proprietor of Lafayette French Pastry, asked her, "Would you like some drunken Negro heads to go with your coffee? They're in honor of our new president."
Joe Biden's War - Part 4 - Afganistan
• HA SeattleThe heroin trafficking industry in Afghanistan amounts to over half of the country’s GDP. The strategy of targeting the opium trade hasn’t just been ineffective, it’s completely undermined NATO's overall mission.
Joe Biden's War - Part 3 - Mexico
• HA SeattleThe $200 million proposed by Reagan to defeat the world’s trafficking networks is roughly what the Mexican cartels earn every couple of days. Yet in November 2006, Biden blamed the problem on “Mexican corruption,” rather than on himself.
Albuquerque Police Pay $685,000 in Woman's Death
• Officer.comThe Albuquerque Police Department's failure to respond to repeated calls that a pregnant woman was in danger at the hands of her boyfriend - an incident that ended with him killing her and himself - already led APD to make significant changes
Joe Biden's War - Part 2 - South America
• HA SeattleThere was little difference between the Bush and Clinton Administrations when it came to dealing with coca production. As their failures mounted, their tactics simply became more extreme.
Joe Biden's War - Part 1 - Introduction
• HA SeattleBiden created an office that was truly Orwellian in nature. By law, the Drug Czar’s office is required not only to oversee law enforcement activities, but also actively oppose legalization efforts, even if that requires them to ignore science or lie.
Not So Fast!: The Fallacy of Money is Wealth
• Foundation for Economic EducationIn the “7 Fallacies of Economics” series, I have covered the fallacies of “collective terms” and “composition,” and now turn to the third fallacy: Money is Wealth. FEE president Lawrence Reed writes:
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