Market Timing Master: Barry Ritholtz was 100 Percent Cash Yesterday
• Ritholtz.comThe short answer: We are now all cash. We have no positions long or short. We are actively looking for shorts.
Current News Headlines
These pages list the most recent news stories reported by the readers and editors of Freedom's Phoenix:
Denninger on Yesterday's Plunge: You Need a Lobotomy If
• Market-ticker.denninger.net/If you had any doubt about what I have been talking about during this entire ramp job off 666 - that the so-called "bull market" was in fact not much more than a handful of institutions buying shares with free Fed money...
Propaganda: BLS Reports Fake +290K Payrolls - Birth Death Model + 188,000
• ZeroHedge.com290,000 of which census was 66k and Birth Death was 188k. Hurray -the economy added a real 36k in jobs in April.
Frankincense and Cancer
• arcleinScientists have observed that there is some agent within frankincense which stops cancer spreading, and which induces cancerous cells to close themselves down. He is trying to find out what this is.
New World Sniper Record
• arcleinIndividual snipers routinely account for more kills than entire battalions operating in the same place at the same time, hit the target almost every time, and each bullet costs around €2. What’s more, snipers inflict a psychological terror on an ene
Lawrenceville Plasma Hits 1 Mega Amp
• arcleinAfter six months of modifying the switches, LPP finally achieved the firing of all 12 switches within 25 ns of each other in four shots on April 26. At a charging voltage of 30 kV, we achieved our first pinch at over 1 mega-amp (MA). The fill pressur
Wind Turbine Advances
• arclein"A direct drive system eliminates all the gears," Buttefield explained. "Now you're reduced to only two bearings or maybe one bearing that supports a large diameter rotor...and that's it. So you have literally one moving part -- the rotor. So ju
Nancy Pelosi, John Boehner, open to citizenship stripping
• PoliticoLieberman's legislation would give the State Dept. the ability to revoke citizenship for any American citizen who "is found to be involved in a foreign terrorist organization," To be sure, Pelosi seemed open to the legislation but drew an obtuse par
Colbert: Anti-gay psychiatrist needed male callboy to help him ‘hoist his sack’
• youtubeComedy Central's Stephen Colbert took on prominent anti-gay psychiatrist George Rekers Wednesday night, who was caught by a Miami newspaper taking a ten-day European sojourn with a male escort
CIA drones have broader list of targets
• LA TimesThe CIA received secret permission to attack a wider range of targets, including suspected militants whose names are not known, as part of a dramatic expansion of its campaign of drone strikes in Pakistan's border region,
Retired general: GOP is undermining national security
• RawstoryMajor General Eaton said, "I am a little surprised that we're here to defend our Constitution against a Republican senator and a Republican representative's attack on it." Sen. John McCain and Rep. Peter King have suggested it was an error
Homes lost to mistaken foreclosures
• RawstoryMillions of people face losing their homes in the continuing foreclosure crisis, but homeowners often have more than the struggling economy and slumping house prices to worry about: Disorganization within the big banks that service mortgages has made
Japan’s Brainwave Initiative: Mind-Reading Bots by 2020
• H+ magazineIn Japan, a short cryptic statement made a startling announcement about a somewhat different vision of the future — a goal to make available commercial mind-reading devices and personal assistant bots within the next 10 years.
Faisal Shahzad on Homeland Security List Since 1999
• CBS NewsWould-be Times Square bomber Faisal Shahzad appeared on a Department of Homeland Security travel lookout list - Traveler Enforcement Compliance System between 1999 and 2008 because he brought approximately $80,000 cash or cash instruments into the U
Student photographer still fighting for his rights in cop cow-chasing incident
• Photography Is Not a CrimeAlthough the student photographer who was handcuffed for photographing loose cows at Ohio State University has received absolutely no support from his school, he has been receiving support from journalism organizations throughout the country, includi
Another American-born citizen jailed in Arizona because her skin was brown
• Photography Is Not a CrimeEven though the controversial Arizona law that allows cops to use skin color as probable cause has not gone into effect, authorities have wasted no time in detaining American-born citizens simply because they looked too Hispanic.
Retro Battle: Real Alien vs Illegal Alien
• RidesAPaleHorseAlien vs. Alien: Is this a new movie in the making?
ObamaCare, Arizona Illegal Immigration Law: Which One Demands you Show Your Papers?
• BigFurHatObamaCare or Arizona’s new law: which one requires that you show the government your papers?
New U.S. Push to Regulate Internet Access
• Prinson PlanetWASHINGTON—In a move that will stoke a battle over the future of the Internet, the federal government plans to propose regulating broadband lines under decades-old rules designed for traditional phone networks. The decision, by Federal Communicati
Stocks plunge; Dow has record drop, then recovers
• AP Business Writer Tim ParadisNEW YORK – The stock market had one of its most turbulent days in history as the Dow Jones industrials fell to a loss of almost 1,000 points in less than half an hour on fears that Greece's debt problems could halt the global economic recovery.
Democracy Now! journalists sue police, Secret Service over ‘violent’ RNC arrests
• RawStory.comGoodman said her producers Sharif Abdel Kouddous and Nicole Salazar were injured as police took them to the ground, with Salazar's nose bloodied and Kouddous's arm severely twisted. The whole time, they were demanding police not place them under arre
Plan to audit Federal Reserve appears poised to clear Senate
• RawStory.comRELATED: Congressman Ron Paul (R-TX), founder of 'Audit the Fed' movement, insists amendment allows Fed to keep its secrets
Today on LewRockwell.com - May 6th 2010
• LewRockwell.comYou're Being Told Lies - Decentralist Revolt - The Worst Enemy of Black Americans - A Ron Paul Home School Curriculum - What I Learned in Afghanistan - Shorts, Longs, Gold, Commodities, Currencies - The Best Guide to Expatriation
Immigration and REAL ID: Remember where you heard this
• downsizedc.orgThis is a quick guide to what SB1070 (REAL ID, Jr.) is really about. In short, it is about controlling YOU, not Mexicans. REAL ID implementation was shut down because it intended to make every American carry an internal (your papers, please) passport
I Am Required To Give You WHAT?
• www.drscoundrels.comHere is something interesting – something I bet a lot of people didn’t know. Financial aid, even for students over the age of 23 who haven’t been living at home can require you to give out your personal information. If your child wants, at age
Robert Gibbs Attacks Warren Goler Over Non-Quote
• Mondo FrazierRobert "The Tool" Gibbs: Is that a Sharpie in your pants or are you just happy to see me? The White House press secretary attacks Fox News’ Warren Goler over a non-existent quote by a guest on Neal Cavuto’s show the day before. Robert “The Tool” Gibb
'Poor man's Gatorade' saves children from diarrhea death
• APDiarrhea death? It would be funny I suppose(in a morbid sort of way) if it weren't so serious. Diarrhea claims the lives 1.5 million kids annually. That is more than AIDS, malaria and measles combined. Combined people! and yet no one talks about h
The Dead Cat Has Landed
• EconomicPolicyJournal.comThe problems in Greece and the other PIIGS are in a certain sense the result of a lack of new money being printed, money which would inflate away the debt problems for the PIIGS. The Federal Reserve is simply not printing money...
Behind the Scenes, European Banks Freak Out About Lending to Each Other
• Businessinsider.com/Behind the scenes, banks are starting to question each other on their exposures to Greek sovereign debt. Its why BNP Paribas and Societe Generale mentioned it in their recent earnings calls.
Greek Debt Crisis On Verge Of 'Going Global': Pimco's El-Erian
• CNBC.com"We've seen a crisis start in a country—Greece—become regional, impact the whole of the Euro zone and is on the verge of truly going global," said El-Erian, CEO of the world's biggest bond fund.
