Free Speech Gets Raped
• APThe Senate on Thursday approved the most sweeping expansion of federal hate crimes law since Congress responded four decades ago to the assassination of Martin Luther King Jr.
Current News Headlines
These pages list the most recent news stories reported by the readers and editors of Freedom's Phoenix:
Goldman Sachs Principal Transactions Update: Humming Nicely
• ZeroHedge.comGoldman principal PT shares transacted increased by over 40% from the prior week: 550 million to 765 million, clocking at near 50% of total NYSE principal volume. - This information will disappear next week...
Cash For Clunkers-The Winners & Losers!
• Your Auto NetworkThis billion dollar legislation passed so that we could help our environment. Needless to say, our study determined the ones who truly win. A MUST READ for consumers wanting to take advantage of this program
The Flu Outbreak, What Are The Options?
• Simply Your HealthThe Swine flu is worse than we thought, and is inching ever closer to becoming a 1918 pandemic.
The federal government is silently moving forward to force vaccinations upon the public.
Are there any answers? What are some of our options?
Pokerface. AWESOME MUSIC !!
• News LinkCheck out these songs by Pokerface........ I'd rather die than be your slave. Search for the songs Control and Revolution as well.
The Jalopy Economy
• Ritholtz.com/blogThe new debt binge might buy a little time, maybe even a spell of economic growth. But once the gears churn up the lube and sawdust, the old jalopy will grind to a stop.
Expect Seven Years of Subpar Growth and High Unemployment
• Michael Shedlock / MishNow is the payback time. We should be expecting growth to be below trend for the next seven years, with a few outliers tossed in for good measure to keep everyone excessively optimistic.
World Affairs Brief, July 17, 2009 Commentary and Insights on a Troubled World
• Joel Skousen
World Affairs Brief, July 17, 2009 Commentary and Insights on a Troubled World.
Copyright Joel Skousen. Partial quotations with attribution permitted. Cite source as Joel Skousen's World Affairs Brief ( http://www.worldaffairsbrief. com )
THIS WEEK'S ANALYSIS:
Government Covert/Illegal Actions
Acquittal No Guarantee of Release From Prison
Hate Legislation Linked to Defense Appropriations Bill
Hypocrisy of Universal Health Insurance
Cover-up of 1976 Flu Vaccine Damage
New Regulation of Derivatives a Sham
Audit of the Fed Shot Down in the Senate
New Restrictions on Immigration Enforcement
Gingrich Demands Covert Action on Iran
June housing construction rises more than expected
• APConstruction of new U.S. homes rose in June to the highest level in
7 months as builders rushed to pour foundations for homes that must
be completed by the end of November for first-time buyers to take
advantage of a special tax break.
Conservative group offers to sell endorsement for $2M
• Politico
The American Conservative Union asked FedEx for a check for $2 million to $3 million in return for the group’s endorsement in a bitter legislative dispute, then the group’s president flipped and sided with UPS after FedEx refused to pay.
For the $2 million plus, ACU offered a range of services that included: “Producing op-eds and articles written by ACU’s Chairman David Keene and/or other members of the ACU’s board of directors.
Air Force chief of staff acted improperly
• Arizona RepublicA former Air Force general violated rules and regulations when he gave
a Pennsylvania military contractor preferential treatment on a $50
million bid to promote the Thunderbirds Air Show, a Department of Defense investigation has found.
Wow! Moths Jam Bat Sonar
• LiveScienceTiger moths can thwart attacks from bats by effectively jamming the
bats' sonar, doing so by emitting sudden bursts of ultrasound.
Past research had revealed that many night-flying moths have evolved the ability to hear bat sonar. A number were even seen responding with clicks of ultrasound.
Grain, livestock farmers resist regulation by FDA
• McClatchy NewsA bill to overhaul the safety of the nation's food supply is confusingly written and must not go forward until the Food and Drug Administration power over grain and livestock is removed, food industry representatives and members of Congress said Thursday.
Industry representatives from the American Meat Institute, the National Farmers Union, and other groups, as well as some lawmakers, don't think the FDA has enough experience or people to regulate grain and livestock, a job that traditionally has fallen to the Agriculture Department.
Palaeocene-Eocene Thermal maximum (PETM)
• arcleinNo one knows exactly how much Earth's climate will warm due to carbon emissions, but a new study this week suggests scientists' best predictions about global warming might be incorrect. The study, which appears in Nature Geoscience, found that climate models explain only about half of the heating that occurred during a well-documented period of rapid global warming in Earth's ancient past. The study, which was published online today, contains an analysis of published records from a period of rapid climatic warming about 55 million years ago known as the Palaeocene-Eocene thermal maximum, or PETM.
'Bruno's' Palestinian 'terrorist' plans to sue over film
• McClatchy NewsAyman Abu Aita knew there was something odd about the Austrian
TV reporter who asked to be kidnapped last year, showed risque
video clips of himself stripping and suggested that Osama Bin
Laden shave his beard so he wouldn't look like a "dirty wizard."
Earth to Obama: Income Tax Withholding Has Fallen Off a Cliff
• Ritholtz.com/blog"They are simply jaw dropping" Barry Ritholtz
How to Succeed as an Ayn Rand Character
• CrackedThe works of Ayn Rand include Atlas Shrugged, a popular novel on the
evils of government regulations, The Fountainhead, the story of
rebellious architect Howard Roark struggling to maintain his integrity,
and Anthem, which I didn't read because you only need the first two to
be trendy.
Bailed out Bank of America earns $2.4B, ahead of estimates
• APBank of America joined other major banks in reporting better-than-expected second quarter income, earning $2.42 billion even as losses from failed loans continued to rise. "But big consumer banks, and Bank of America is the biggest, they are the ones who have the most to lose in a prolonged consumer-oriented recession."
Bailed out Citigroup profit soars on Smith Barney sale
• APCitigroup Inc. surprised Wall Street, reporting a $3 billion second-quarter profit instead of the big loss analysts expected. Citigroup became the fourth big bank to report strong results for the quarter.
Justin Raimondo: Obama’s War Signals - Iran in the crosshairs
• AntiWar.comYou thought you were safe, now that George W. Bush is out of the White House, and the neoconservatives have gone back to their well-subsidized holes – but you were wrong.
Jumbo squid invade San Diego shores, chew on divers
• APThousands of jumbo flying squid — aggressive 5-foot-long sea monsters with razor-sharp beaks and toothy tentacles — have invaded the shallow waters off San Diego....known to attack humans and are nicknamed "red devils" for their rust-red coloring and mean streak. Those who dive with them there chum the water with bait and sometimes get in a metal cage or wear chain mail to avoid being lashed by tentacles.
Gov. Sanford traveled well on taxpayers' dime
• PoliticoOn one overseas trip, the state appears to have spent more than $12,000 for the GOP governor’s business-class tickets for a September 2007 trade mission to China, while his aides flew in economy class for airfares as low as $1,900.
Street Fighting Man
• Doug CaseyWe live in interesting times. But we're not necessaily cursed. Longtime readers know my standard response to questions about the severity of the Greater Depression: it’s going to be worse than even I think it’s going to be. “Coming Collapse” books will undoubtedly accumulate into an entire genre in the next few years, as they did a generation ago. This time it’s not just fearmongering, although things won’t get as bad as in James Kunstler’s book “The Long Emergency” and certainly not as rough as in the movies “Road Warrior” or “I Am Legend.” But it’s a good bet that a lot more is going to change than just some features of the financial system. Let’s engage in a little speculation as to the shape of things to come.
I’ve long believed that this depression would not only be much different but much worse than the unpleasantness of the ’30s an
Denninger on Homebuilders: What Are They Smoking?
• Market-ticker.denninger.netIt is truly unbelievable that builders would be ramping construction into this market environment. I thought I had seen everything stupid under the sun, but this, among all else, takes the cake...
Robert Gates: Iran nuclear arms worst threat to security - 'Countdown to War'
• RawStory.com"If something is done to prevent them from getting one, the consequences of that are completely unpredictable and frankly, very bad."
Ritholtz: Housing Starts Fall 46%
• Ritholtz.com/blogIncidentally, much of the media reportage on this was simply innumerate — the numerical equivalent of illiteracy. Not just a little wrong, but totally, embarrassingly incorrect.
Weekly Report: On Israeli Human Rights Violations in the Occupied Palestinian Territory
• UrukNetIsraeli Forces Continue Systematic Attacks against Palestinian Civilians and Property in the occupied Palestinian territory (oPt) and Continue to Impose a Total Siege on the Gaza Strip
Mystery surrounds crash of 'fit to fly' Iran plane
• Press TVWith Armenia's civil aviation organization confirming that the Caspian Airlines plane that crashed in Iran on Wednesday had passed all pre-flight safety inspections, the cause of the disaster remains a mystery.
Baxter Vaccine 'Oddities'
• Citizens for Legitimate GovernmentBaxter Files Swine Flu Vaccine Patent a Year Ahead of Outbreak
Financial Times editor says most news websites will charge within a year
• guardian.co.ukThe Financial Times editor, Lionel Barber, has predicted that "almost all" news organisations will be charging for online content within a year.
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