Jacob Hornberger on Freedom Watch
• freedomwatchonfox.comFreedom Watch with Judge Napolitano. Monday, June 6, 2011- 8:00 p.m. EST
Current News Headlines
These pages list the most recent news stories reported by the readers and editors of Freedom's Phoenix:
Feds To States: "Drop Dead." State Bank Movement Picks Up Steam
• www.opednews.com"Ford to New York: Drop Dead," said a famous headline in 1975. President Ford had declared flatly that he would veto any bill calling for "a federal bail-out of New York City." What he proposed instead was legislation that would make it easier fo
EU/Greek Situation Continues to Decline
• dailybell.chGreek Finance Minister George Papaconstantinou said Saturday that Greece was exploring the possibility of having a European bailout fund buy its debt if the government is unable to access capital markets again next year.
Europe Faces Double Dip?
• dailybell.chMarkets shun debt of rescued nations … Europe's bailed-out economies saw their borrowing costs hit fresh records on rising concerns they will not be able to pay their debts.
More Nails in EU Coffin?
• dailybell.chThe EU shall overcome. The union is not to be trifled with.
Portugal asks EU for bailout
• Aljazeera.comMove marks turnaround after Lisbon resisted asking for aid for months despite sharply deteriorating financial situation.
San Francisco Approves Twitter Tax Break
• CBSSacramentoThe measure passed 8-3 exempts the micro-blogging service from paying payroll tax on new hires if it moves to the city’s neglected Mid-Market area.
Two George Soros Events Aim to Remake the Financial Order and the Media -- So Where's the Report
• Fox NewsThe left-wing billionaire is helping fund two major conferences that start on the same day, in two different locations just a three hours apart by car. Two liberal events packed into one long weekend. God created the world in six days. Apparently, So
Unemployment rate at 8.8 good or bad for the country?
• The Political CommentatorThe road to an 8.8% unemployment is paved with unintended consequences! Yes, a drop of .01% in the unemployment rate reported yesterday cannot be termed a bad thing. Anytime unemployed and struggling U.S. workers find a job it is only good. The
Fed Loses Battle To Keep Bailout Data Secret
• Alex Newman via The New AmericanAfter the Supreme Court refused to hear an appeal of lower-court rulings, the Federal Reserve must release information about its “emergency” bailouts of large banks and financial institutions in 2008 under the guise of saving the financial system.
What’s Foreign Aid? Why Does the U.S. Provide It?
• Pajamas MediaBased on the (confusing) data provided by the United States government, the amounts shown in Table I above apparently do not include funds requested for multiple regional foreign aid offices serving two or more countries. Nor do they seem to include
Will Euro Failure Usher in World Currency?
• dailybell.comSo much to muddle through. The EU will survive.
Gerald Celente on Wisconsin Protests
• The Rob McNealy ProgramGerald Celente talks about the Wisconsin protests and the coming economic collapse.
Top US military officer: Don't stop payoffs to Egypt
• RawstoryAdm. Mike Mullen said there shouldn't be any rush to terminate military assistance to President Mubarak's government. U.S. assistance to Egypt, which has averaged about $1.3 billion a year, Mullen said Congress shouldn't move too hastily to cancel th
Top US military officer: Don't stop payoffs to Egypt
• RawstoryAdm. Mike Mullen said there shouldn't be any rush to terminate military assistance to President Mubarak's government. U.S. assistance to Egypt, which has averaged about $1.3 billion a year, Mullen said Congress shouldn't move too hastily to cancel th
More Favoritism From Transparent, Ethical Obama Administration?
• www.drscoundrels.comGE CEO Jeffrey Immelt has got to be patting himself on the back for the coup he is pulling off to supply his company with not only cash - but now he's getting a post and a big pass from his newest, bestest buddy, Barack Obama. While we have people..
Time to end foreign aid to Israel: ‘We just can’t do it anymore,’ Sen. Paul warns
• RawstoryOne of the Senate's newest members has settled upon an idea to reduce American debt that's likely to come off as highly controversial in the halls of power: ending ALL foreign aid, including the tens of billions dedicated to Israel.
A Bank Speculation
• arcleinThis quarter's earnings were hit by a $1.1 billion accounting charge tied to the tightening of Citi's own bond spreads. This is the flip side of an asinine accounting rule that banks used to juice earnings during the credit meltdown two years ago.
Ellen Brown on Quantitative Easing
• arcleinThe U.S. does not have to rely on foreign investors even to buy its bonds. If the investors are not interested, the central bank can buy the bonds. That is, in fact, what the Fed’s second round of quantitative easing is all about: issuing $600 bill
EU hopes to seize debt crisis initiative at summit
• uk.news.yahoo.comEuropean Union leaders meet on Thursday to try to agree the next steps in tackling a year-long debt crisis that has consumed Greece and Ireland and threatens to spread to Portugal and Spain.
Ireland passes bailout package despite opposition
• uk.news.yahoo.comIreland's parliament approved a multi-billion euro EU/IMF bailout package on Wednesday in the face of opposition threats to renegotiate the deal to force losses on some senior bondholders in Irish banks.
Book Review: 'Overhaul' - A Tell-All Account of the Rescue of GM and Chrysler
• Seeking AlphaSteven Rattner’s Overhaul: An Insider’s Account of the Obama Administration’s Emergency Rescue of the Auto Industry will not disappoint readers with its poignantly detailed narration of the harrowing events surrounding the fate of two of the Big 3 U.
Book Review: 'Overhaul' - A Tell-All Account of the Rescue of GM and Chrysler
• Seeking AlphaSteven Rattner’s Overhaul: An Insider’s Account of the Obama Administration’s Emergency Rescue of the Auto Industry will not disappoint readers with its poignantly detailed narration of the harrowing events surrounding the fate of two of the Big 3 U.
Irish Relief Fleeting as `Day of Reckoning' Nears
• bloomberg.comBorrowing costs for Europe’s most indebted nations are at record highs as Ireland’s capitulation in accepting a bailout of its banking industry stokes concern that other countries also will have to seek aid.
America: In the midst of a hostile takeover
• The PPJ GazetteCurrently, it is my belief that as a nation we are in the process of a hostile takeover facilitated by government on behalf of multi-national corporations and world organizations. At stake is our land, water, food, communications and even the air we
IMF's Bancor Last Man Standing?
• dailybell.comThe world is entering a dangerous new phase. Competitive devaluations continue despite all efforts to organize a ceasefire. The only hope now is a one-world currency run by the IMF. Enter that Keynesian brainstorm ... the bancor.
Obama Says Federal Reserve’s Easing Wasn’t Aimed at Affecting Dollar Value
• BloombergCan a person become President, and not understand simple economics? Why yes, yes we can... More dollars in circulation = deflated currency, Barry.
Its Not the “Great Recession”. Its the Great BANK ROBBERY
• prisonplanet.comFirst, there was the threat of martial law if the $700 Billion Tarp bailout wasn’t passed. Specifically, Treasury Secretary Hank Paulson warned Congress that there would be martial law unless the Tarp bailouts were approved.
Welcome to the “House” that Corporations Built
• The PPJ GazetteOk! We’ve gone from blue to red. What an event! Why! It is positively historic! It’s a mandate! A landslide! A big steaming crock of BS the likes of which we will probably never see again….at least until 2012. What is it all you sheeple out there
REGIONALISM — DEATH OF THE AMERICAN SYSTEM OF GOVERNMENT
• The PPJ GazetteRegardless of any connection that may have had with events today, it is clear that the underlying motive of the present drive for regional government is the consolidation of state and local governments into regional units under total federal control.
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